BYT Capital: A Deep-Tech Fund Founded by Amit Chand and Dinesh Kumar

Overview

BYT Capital is a deep-tech venture capital firm focused on India. Amit Chand and Dinesh Kumar founded the firm in 2025. Chand brings over two decades of experience in corporate strategy and investing. Kumar previously co-founded FAAD Capital, backing emerging ventures for a decade. The firm targets founders working at the frontier of scientific and engineering innovation. Its focus spans materials, quantum computing, defense, clean energy, and AI for science.

Investment Focus and Stage

BYT Capital backs founders translating early scientific research into real businesses. Its thesis spans space exploration, advanced life sciences, and frontier AI. The firm plans to support companies from early innovation through global commercialisation. It positions deep tech as essential infrastructure for future industrial growth. The team works closely with scientific founders from the earliest stages.

Fund Size and Portfolio

BYT Capital launched its maiden fund at Rs 180 crore, about $21 million. The fund is structured as a Category II Alternative Investment Fund. More than half of its corpus was already subscribed by December 2025. The firm expects a final close by the third quarter of 2026. India's deep-tech sector attracted over $600 million in funding during 2025 alone.

Leadership

Amit Chand founded BYT Capital and serves as its founder. He has spent over twenty years across corporate strategy, entrepreneurship, and early-stage investing. Dinesh Kumar co-founded the firm alongside him. Kumar also co-founded FAAD Capital, giving him a decade of venture experience. Together they lead BYT Capital's push into India's deep-tech investment space.