Next Bharat Ventures Launches INR 2,000 Crore Second Fund with Suzuki Motor Corporation as Anchor LP

New Delhi, July 06, 2026: Next Bharat Ventures IFSC Private Limited has announced the launch of its second fund of INR 2,000 crore, making it among the largest impact-focused venture funds in India. Suzuki Motor Corporation will serve as the anchor limited partner (LP) for the new fund.

The corpus will enable Next Bharat Ventures (NBV) to significantly expand its support for "Impact Entrepreneurs" who are working to improve quality of life and build sustainable livelihoods across rural India, as well as within migrated and urban marginalised communities. The two-year-old firm focuses on sectors including agriculture, rural supply chains, financial inclusion, healthcare, rural mobility and AI for social good — aligning with India's national priorities under Atmanirbhar Bharat and Viksit Bharat 2047.

The launch builds on the success of NBV's first INR 340 crore fund, through which the firm has supported more than 50 impact startups and invested in over 20 of them via capital, mentorship and ecosystem support. Several of these startups have also begun business pilots with companies in Japan.

Speaking on the announcement, Vipul Jindal Nath, Founder and CEO, Next Bharat Ventures, an IIT Hyderabad alumnus, said, "Our first fund is proof that impact and business can co-exist, and that strong businesses can be built and scaled around livelihoods and improved quality of life. Our impact founders are innovators working on grassroot level transformation while ensuring business output, with over 90% of our portfolio companies already heading towards profitability in their early years. I encourage all the aspiring founders to build their next startup which not only creates commercial value but also deeply solves a social problem of our rural and informal communities, because that's the heart of India. If you are able to create a big enough impact, I guarantee the commercial returns will follow."

Toshihiro Suzuki, Representative Director & President of Suzuki Motor Corporation, said, "Japan's investment in India has always been rooted in a shared belief in India's potential, and nowhere is that more evident than in our four-decade partnership. The most important legacy is not the cars themselves, but the enterprises born from it - ordinary shops that became major dealerships, repair workshops that became auto-parts suppliers, and a single supplier that gave rise to entire SME ecosystems. In this way, we created an estimated 3,000-plus entrepreneurs across India, each a homegrown engine of local jobs and income. With Fund II, we are deepening this commitment, and we are honoured to walk this path with the Government of India toward a truly Atmanirbhar Bharat."

Established in 2024, Next Bharat Ventures offers founders an end-to-end support ecosystem beyond capital. Its flagship ten-day residency programme provides early-stage entrepreneurs with mentorship, networks and equity investments ranging from INR 1–5 crore. This is complemented by the Why Club, a founder-led community that fosters collaboration, funding and long-term support.

Over the years, NBV has invested in several promising rural startups, including MeMeraki, an authentic Indian folk art marketplace; E-Bik, a rural mobility brand offering affordable e-mobility kits for cycles and rickshaws; SGB Agro, which provides affordable mechanisation for small-holding farmers; and Atypical Advantage, India's largest livelihood platform for persons with disabilities.