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Indian VC

Beyond Next Ventures: A Tokyo Firm With a Dedicated India Fund

Beyond Next Ventures is a Tokyo-based deep-tech venture capital firm founded by Tsuyoshi Ito in August 2014, with a dedicated fund focused on India. The India arm invests in med-tech, agri-food tech, AI, and fintech, while total assets under management across all four funds sit near $325 million. Confirmed India investments include MediBuddy, a leading telemedicine platform.

Overview

Beyond Next Ventures is a deep-tech venture capital firm headquartered in Tokyo. Tsuyoshi Ito founded the firm in August 2014. He built it to fund startups commercializing research from Japanese universities. The firm later launched a dedicated fund focused on India. That India arm invests across med-tech, agri-food tech, AI, and fintech. Its Japan-based work leans more heavily toward health-tech and med-tech specifically.

Investment Focus and Stage

Beyond Next Ventures backs founders at seed, series A, and later-stage rounds. Its newest global fund writes checks between $670,000 and $2 million. Follow-on investment can reach up to $13 million per company. The India-dedicated fund operates on a smaller scale, closer to $20 million to $25 million. It supports founders building science-based businesses across multiple sectors.

Fund Size and Portfolio

Beyond Next Ventures has raised four funds since 2015, totaling roughly $325 million. Its India fund specifically carries a corpus of about Rs 250 crore. The India team had deployed 80 percent of that fund by mid-2022. MediBuddy stands among its most notable confirmed India investments. The firm's global portfolio spans nearly 90 companies across Japan, India, and the US.

Leadership

Tsuyoshi Ito founded Beyond Next Ventures and serves as CEO and managing partner. He previously worked at JAFCO before starting this firm. Kengo Ueha serves as managing director and general partner alongside him. Jay Krishnan appears among the firm's broader leadership team in India. No public source found confirms a person named Karthik Varada among its leadership.

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