ValleyNXT Ventures has announced the launch of its 400 crore rupees (US$44.1 million) Bharat Breakthrough Fund–I, a SEBI-registered venture capital fund based in India.

The fund aims to support early-stage startups in sectors such as space, defense tech, robotics, AI/ML, cybersecurity, biotech, sustainability, and consumer innovation through a combined VC and accelerator model.