/People

Kunal Upadhyay

InvestorFounder

Managing Partner at Bharat Fund · Co-founder - IIMA Ventures at CIIE @ IIM (Ahmedabad)

India

Writes $100K – $5M checks · typically $1.5M

FoundedCIIE @ IIM (Ahmedabad)

Find your path to Kunal

450 people in our graph share verified history with Kunal — schools, employers, funds. One of them is your warm intro.

Arumugam AramvalarthanathanunlockedKunal: together at Translation Endeavors (2026)
×2Kunal: together at SIDBI(Small Industries Development Bank of India)
×5Kunal: together at ADB Ventures
×4Kunal: together at IIMA Ventures

About

Kunal Upadhyay is co-founder of Translation Endeavors and co-founder of IIMA Ventures, which he established in 2007. He has led India-focused investment funds and platforms including the Bharat Fund, Infuse, and IIMA Ventures' Seed-fund, with combined assets exceeding $100 million focused on climate-tech, deep-tech, and inclusion-focused early-stage companies. He has also established accelerator and ecosystem platforms supporting entrepreneurs and has advised the Asian Development Bank on early-stage climate investments across emerging Asia.

Contact· self-published, not guessed

Co-founder - IIMA Ventures at CIIE @ IIM (Ahmedabad)

Intro paths

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In turn, Kunal can intro founders to CIIE @ IIM (Ahmedabad)'s investors below.

CIIE @ IIM (Ahmedabad)'s investors · 1

Co-founders at CIIE @ IIM (Ahmedabad)

SBSanjeev Bikhchandani
Sanjeev BikhchandaniFounder - InfoEdge

Experience

  1. Translation EndeavorsCo-Foundercurrent2026 — present
  2. Bharat Innovation FundFounding Partnercurrent2018 — present
  3. SIDBI(Small Industries Development Bank of India)Investment Committee, Fund-of-funds2021 — 2025
  4. IIMA VenturesCo-founder2007 — 2025
  5. ADB VenturesInvestments2020 — 2025
  6. Infuse VenturesCo-founder and Managing Partner2013 — 2023Ahmedabad Area, India
  7. SarvajalCo-founder2008Ahmedabad Area, India
  8. American ExpressInternal Consulting2006Gurgaon, Haryana, India
  9. CitigroupAssociate2005 — 2006

Skills & more

Entrepreneurship99Venture Capital92Investments62Cleantech53Energy46

From Kunal's professional profile.

Investments

Investor

Gibss

Per curated public sources.

Colleagues at Bharat Fund

Network1

Investors connected to Kunal in public investor directories — a warm-intro map.

Frequently asked questions

Who is Kunal Upadhyay?
Kunal Upadhyay is co-founder of Translation Endeavors and co-founder of IIMA Ventures, which he established in 2007. He has led India-focused investment funds and platforms including the Bharat Fund, Infuse, and IIMA Ventures' Seed-fund, with combined assets exceeding $100 million focused on climate-tech, deep-tech, and inclusion-focused early-stage companies. He has also established accelerator and ecosystem platforms supporting entrepreneurs and has advised the Asian Development Bank on early-stage climate investments across emerging Asia.
Where does Kunal Upadhyay work?
Kunal Upadhyay is Co-founder - IIMA Ventures of CIIE @ IIM (Ahmedabad) and Managing Partner at Bharat Fund.
What check size does Kunal Upadhyay write?
Kunal Upadhyay typically writes checks of $100K – $5M.
What companies did Kunal Upadhyay found?
Kunal Upadhyay founded CIIE @ IIM (Ahmedabad).
What companies has Kunal Upadhyay invested in?
Investments tracked here include Gibss.
Where did Kunal Upadhyay go to school?
Kunal Upadhyay studied at Indian Institute of Management Ahmedabad (Master of Business Administration (MBA)); The London School of Economics and Political Science (LSE) (Chevening Scholar, Leadership); Indian Institute of Technology, Madras (B.Tech, Material Science & Metallurgical Engineering).

Founder mafias

IIMA Ventures mafia2

Also came through, then founded or led a company.

Same school

Shared employers