TILT, the impact investment platform of The/Nudge Foundation, has launched a ₹250 crore (approximately $26 million) venture fund to support early-stage startups focused on India’s “Next Billion.” The fund targets seed to Series A startups, offering cheque sizes between ₹2 crore and ₹16 crore. The launch was announced this week, with backing from prominent investors including Flipkart cofounder Binny Bansal and MakeMyTrip founder Deep Kalra, according to inc42.com.
The fund is supported by the US-based Livelihood Impact Fund and other notable backers such as Amit Gupta, Hari Menon, the Raj and Indra Nooyi Family Office, and Meesho cofounder Vidit Aatrey. Cofounded by Atul Satija and Richa Singh, TILT aims to provide patient capital to startups that require longer timelines to establish product-market fit and build sustainable business models. The fund will invest in startups across sectors like agriculture, climate resilience, informal work, MSME productivity, employability, financial inclusion, and market access, with a focus on technology and AI-driven solutions for livelihood challenges, inc42.com reported.
This fund addresses a gap in impact investing by focusing on startups serving low-income communities that often need extended support to develop viable economics. The ₹250 crore fund complements other impact investment initiatives by targeting science- and technology-led ventures that can improve incomes and livelihoods in underserved markets. The involvement of high-profile investors such as Binny Bansal and Deep Kalra highlights growing interest in impact-driven entrepreneurship in India, according to inc42.com.
TILT’s ₹250 crore fund will deploy capital primarily in startups at seed to Series A stages, with investments ranging from ₹2 crore to ₹16 crore, as detailed by inc42.com. The platform builds on The/Nudge Foundation’s work in social entrepreneurship and aims to scale solutions for India’s underserved populations.