Bharat Founders Fund Backs 45 Early-Stage Startups Within 9 Months of Launch

The Bharat Founders Fund (BFF) is a group of 70+ successful Indian entrepreneurs globally looking forward to investing in early-stage ventures and providing them with backup support for building a future Bharat.

BFF has invested in 45+ startups in 2022 and plans to double its portfolio in 2023.

In March 2022, several of India’s top startup founders and operators came together to launch Bharat Founders Fund. Since its inception BFF has backed 45+ startups from angel to seed stage with an average investment amount close to $100k. As opposed to open syndicate models, quality of capital from BFF investors brings with it substantial strategic relevance for their portfolio companies.

The investor group consists of over 70 growth-stage startup leaders from different industries. As a result, BFF has invested across multiple sectors such as SaaS, EdTech, CleanTech, FinTech, HealthTech, E-com and Web3. Some of the recent investments made by BFF are AI platform for Infrastructure management - Accacia, SaaS platform - UserStudy, Real-Time Multimodal Visibility for Supply Chain - Intugine, Carbon Masters, Bluecopa and Mokobara amongst others.

The fund’s core thesis is to invest early, empower founders with insights and provide access to a valuable network to help startups fastrack their product development and go-to market. BFF’s vision is to meaningfully improve the odds of success from the beginning by building a well-structured and comprehensive ecosystem.

Commenting on the firm’s investment thesis this year, Maanav Sagar, Co-Manager at Bharat Founders Fund said, “BFF has dramatically reduced friction for founders to access experienced operators and other successful founders. In the formative stage of a startup, getting task-relevant and timely advice from experienced founders can determine the slope of a startup's trajectory. BFF makes it happen in a founder-friendly manner. For experienced operators, BFF offers an unparalleled community to learn from.”

Rahul Chaudhary, Co-founder of Treebo and BFF investor in Bluecopa, Skillbee, Zorp and others says “At a time when capital is increasingly commoditized, founders are looking for partners who can do more than write a cheque. Early-stage founders need guidance and direction as much as, if not more than capital. They can benefit tremendously with access to fellow founders who can be a sounding board in their entrepreneurial journeys.”

Over the next few years, BFF aims to invest in another 50-80 companies. Additionally, they are focused on building a library of resources, a system for mentoring and guidance, an interaction and networking platform to better help founders in the first 12-24 months of their startup journey.

About

Bharat Founders Fund (BFF) is an early-age venture of 70+ investors looking forward to supporting startups. The group of investors includes successful entrepreneurs and senior leaders.

Bharat Founders Fund is a venture capital firm founded by 70 successful entrepreneurs in India. Some of the entrepreneurs are, Vidit Aatrey and Sanjeev Barnwal, co-founders of Meesho; Gazal Kalra, co-founder of Rivigo; Cars24 co-founders Vikram Chopra, Mehul Agrawal, and Gajendra Jangid; Smita Deorah and Sumeet Mehta of Lead School; Vamsi Krishna, co-founder of Vedantu; and Saurabh Garg, co-founder of NoBroker.

The tagline of Bharat Founders Fund is "By today's leading founders, for the next generation of founders". The BFF is a group of successful Indian entrepreneurs globally looking forward to investing in early-stage ventures and providing them with backup support for building a future Bharat.


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