Team S on Newnex: Suzuki Motor has launched the "Next Bharat…

Suzuki Motor has launched the "Next Bharat Ventures" fund, valued at…

Team S · 2024-07-04T18:22:50.000Z

Suzuki Motor has launched the "Next Bharat Ventures" fund, valued at Rs 340 crore, to support social impact startups in India, especially in Tier-II and below cities. The fund will invest in growth-stage impact firms and early-stage entrepreneurs focusing on agriculture, financial inclusion, rural supply chains, and rural mobility. Selected startups will receive equity investments worth Rs 1-5 crore. The initiative includes a four-month residency program providing mentorship and networking. The fund's goal is to empower underserved regions and foster economic development. Key figures include CEO Toshihiro Suzuki and Next Bharat CEO Vipul Nath Jindal. https://economictimes.indiatimes.com/tech/funding/suzuki-launches-rs-340-crore-impact-investment-fund-for-indian-startups/articleshow/111467819.cms?from=mdr

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Team S on Newnex: Suzuki Motor has launched the "Next Bharat…