BYT Capital launches Rs 180 Cr deeptech fund

BYT Capital has announced a Rs 180 crore early-stage fund aimed at backing deep-tech and frontier engineering startups. 

The Category II AIF will invest in companies building IP-driven products emerging from research labs and engineering ecosystems. More than half of the fund has already been subscribed, and the firm expects a final close by Q3 2026.

Founded by Amit Chand and Dinesh Kumar, BYT Capital plans to deploy capital into 18–20 startups with initial cheques of Rs 3–6 crore. Around 55% of the fund has been set aside for follow-on rounds. 

The firm has already made early commitments across space, life sciences, robotics, and clean energy. The focus is on companies converting lab-stage work into market-ready products with global demand.

“India is entering a phase where scientific entrepreneurship can create companies with global relevance,” said founder Amit Chand. He added that deep-tech will shape future industrial capacity and strengthen strategic capabilities across sectors such as materials, quantum, defense, and energy.

BYT Capital plans to support founders from early experimentation to global commercialisation, building a long-term platform focused on frontier technology originating in India.