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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

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

Rajesh SwaminathanunlockedKunal: together at Indian Institute of Technology, Madras (1999)
×2Kunal: together at The London School of Economics and Political Science (LSE)
×9Kunal: together at Indian Institute of Management Ahmedabad

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

Pix Vine CapitalSingapore · $250K – $500K checks

Co-founders at CIIE @ IIM (Ahmedabad)

SB
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.

Colleagues at Bharat Fund

Ashwin Raguraman
Co-Founder and Partner at Bharat Fund
Hemendra Mathur
Venture Partner at Bharat Fund
Priyanka Chopra
Venture Partner at Bharat Fund
Sanea Vakaliya
Director - Finance & Legal at IIMA Ventures
Sanjay Jain
Partner at Bharat Fund
Shyam Menon
Co-Founder and Partner at Bharat Fund
Snehitha Nukalapati
Investment Professional at Bharat Fund
Som Pal Choudhury
Partner at Bharat Fund

Network1

Ashwin Raguraman
Co-Founder and Partner at Bharat Fund

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).
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.

Dhenenjay YadavIIMAvericks FellowFounded AxionOrbital Space

Same school

Shared employers