Next Bharat Residency Program
by Next Bharat Ventures IFSC Private Limited
Equity funding and mentorship for revenue-generating impact ventures in India's rural and informal economies.
Next Bharat Ventures IFSC Private Limited is a wholly owned subsidiary of Suzuki Motor Corporation, incorporated in January 2024 and based at the GIFT City SEZ in Gandhinagar, Gujarat. It launched with a corpus of Rs. 340 crore (about $40 million) and backs social entrepreneurs working to solve problems for the next billion Indians. Rather than chasing a few unicorns per cycle, its framework favours horizontal scaling, aiming to build hundreds of profitable SMEs across the portfolio, and it invests between Rs. 1 crore and Rs. 5 crore of equity per startup, with a post-residency model in which selected founders go through a structured programme before investment.
The fund is a new kind of corporate vehicle that blends impact investing with strategic interest. Suzuki, a major presence in India through Maruti Suzuki, has a deep stake in rural economic development, and Next Bharat channels that into startups in agriculture, financial inclusion, supply chain, and mobility, where Suzuki's distribution network and market knowledge can add value beyond capital. It runs a residency programme that helps validate business models and build operating capability before equity goes in, held its inaugural Next Billion Forum in 2025, and connects portfolio companies with Suzuki's India network and global innovation ecosystem.
Early-stage social entrepreneurs building for rural and semi-urban India in agriculture, financial inclusion, supply chain, and mobility benefit most, especially founders building on unit economics rather than venture-scale growth and targeting Bharat over urban tech markets. It is online at nextbharat.ventures.
Next Bharat Ventures IFSC Private Limited currently has 1 program listed in this directory, including Next Bharat Residency Program. Each program page covers the funding amount, eligibility and application process.
Next Bharat Ventures IFSC Private Limited is listed as a vc / investor. It is not a government body, and its programs follow the organisation's own selection process.
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No. Applications are always submitted in your own name with the respective program authority. IncorpX is independent of Next Bharat Ventures IFSC Private Limited and provides assistance for application preparation, document organisation and prerequisite registrations such as incorporation, DPIIT recognition, MSME and GST.
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IncorpX is a private platform operated by a private company. It is not a government department, agency or official portal, and it is not affiliated with, endorsed by, or acting on behalf of any government body or of any organisation, incubator, accelerator, investor or partner listed in this directory. All program names, logos and trademarks are the property of their respective owners and are used for identification only.
This directory is compiled from publicly available official sources and is provided for general information only. It does not constitute legal, financial, tax or professional advice. Funding amounts, eligibility criteria, required documents, deadlines and availability are determined by each program authority and change with every cycle, so the details shown here may be incomplete or out of date. Always confirm the current terms on the official program source before you apply or take any decision.
IncorpX charges no fee for the information in this directory and does not collect, process, lodge or submit any application on your behalf. Applications are made by you, in your own name, directly with the respective program authority. IncorpX provides assistance only for application preparation and for related registrations such as company incorporation, DPIIT recognition, MSME (Udyam) and GST. Eligibility, approval, disbursement and selection rest solely with the respective program authority, and IncorpX makes no representation or guarantee as to any outcome.
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