Hakuhodo DY Holdings has signed an investment agreement with India's impact investment fund Next Bharat Venture Fund-2. The fund, managed by NBV, invests in areas including agricultural and rural supply chains and aims to promote business collaboration between Japan and India.
Hakuhodo DY Holdings has signed an investment agreement with Next Bharat Venture Fund-2, managed by Next Bharat Ventures IFSC Private Limited, a wholly owned subsidiary of the Suzuki Group. The fund invests in startups that use business to address challenges affecting living conditions in India.
The fund is operated by Next Bharat Ventures IFSC Private Limited, whose representative is Vipul Nath Jindal (MD & CEO). Its investment areas include agricultural and rural supply chains, financial inclusion and healthcare. It follows the first fund, established in 2024.
Through this investment, Hakuhodo DY Holdings aims to promote business co-creation between Japanese companies and the Indian market and build expertise in supporting growth based on local consumer insights. Next Bharat Venture Fund-2 targets India's next 1 billion people and will continue investing in areas including agriculture, finance and healthcare.
The fund is operated by a wholly owned Suzuki Group subsidiary and has invested in a total of 26 companies through its first fund. The move is intended to create partnerships with Japanese companies supporting expansion in the Indian market.