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Cut the flab to attract investors

Bharat Innovation Fund focuses on early-stage IP-led Indian deeptech start-ups that have global potential. It has invested 70 per cent of its ₹500-crore fund in 14 start-ups in the domains of healthcare, agritech, fintech and mobility. Shyam Menon, a co-founder of the company, spoke with businessline about the investment scenario, the fund’s investment strategy, and what start-ups should do to continue attracting venture capital (VC) funding in a not-so-bullish scenario. Edited excerpts from the interview.

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