Toyota Tsusho Invests in Indian Startup Support Fund
"Next Bharat Venture Fund-2" Managed by Suzuki's Subsidiary

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2026-09-04

Toyota Tsusho Corporation ("Toyota Tsusho") announced today that an agreement has been signed regarding investment in Next Bharat Venture Fund-2 ("NBV Fund-2"), the second fund established by Next Bharat Ventures IFSC Private Limited ("NBV"), a wholly owned subsidiary of Suzuki Motor Corporation ("Suzuki") in India.

Although India continues to see rapid economic growth in recent years, provincial cities and farming villages still face issues regarding the creation of employment opportunities, growth of regional industries, and improvement in the quality of people's lives.
NBV Fund-2 is a fund that supports entrepreneurs and startups working to address these social issues. Building on the initiatives of the first fund--Next Bharat Venture Fund-1--established in 2024, NBV Fund-2 aims to accelerate investment in and support for promising startups.

For many years, Toyota Tsusho has engaged in business together with Suzuki in India, mainly in the mobility domain. Toyota Tsusho decided on this investment to grow together with the local communities of India in the future and contribute toward improving the quality of life of India's next billion people and solving the issues faced by local communities, empathizing with the philosophy of NBV Fund-2, which supports entrepreneurs and startups working to address these social issues.

Through participating in NBV Fund-2, Toyota Tsusho will support entrepreneurs and startups working to address India's social issues and build networks with them. At the same time, it seeks to deepen understanding about the local market and regional issues and create new business collaboration opportunities in non-mobility domains such as agriculture and healthcare.
Through collaboration with partner companies, Toyota Tsusho will also contribute toward India's sustainable economic growth and development of its local communities.

Overview of NBV Fund-2

Name
Next Bharat Venture Fund-2
Fund Manager
Next Bharat Ventures IFSC Private Limited (a wholly owned subsidiary of Suzuki)
Purpose of Investment
Support entrepreneurs and startups creating impact for India’s next billion people
Scope of Investment
Startups in agriculture, handicraft, finance, supply chain, farming village mobility, healthcare, etc.

The information in this release is current as of the date of announcement.
Please note that information may change after the date of announcement. Thank you in advance for your understanding.

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