Suzuki’s Indian subsidiary NBV launches its second fund, with four Japanese companies including KANEMATSU CORPORATION and Toyota Tsusho participating

Suzuki’s Indian subsidiary Next Bharat Ventures (NBV) has fully launched its second fund, NBV Fund-2, with four Japanese companies participating as investors. NBV aims to create businesses for the “Next Billion” in India and address social issues.

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The story

Next Bharat Ventures (NBV), a 100%-owned subsidiary of Suzuki, has continued its activities since its establishment to address the social issues faced by approximately 1 billion people, mainly in rural areas and regional cities in India, and to create new markets.

With the full launch of NBV Fund-2, NBV indicated that it plans to expand fundraising through a framework involving multiple investors rather than investing on its own.

At a glance

Investment fundsNBV has launched its second fund, NBV Fund-2.

Participating companyFour Japanese companies, including KANEMATSU CORPORATION and Toyota Tsusho Corporation, are participating.

Background to establishmentSince its establishment, NBV has spent 2 years working to address social issues and create markets in India.

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