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# Bertelsmann raises $500 million to invest in Indian startups
- URL: https://www.techloy.com/bertelsmann-raises-500-million-to-invest-in-indian-startups/
- Published: 2022-06-28T12:33:55.000Z
- Updated: 2022-12-08T02:00:55.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Money, Tech in India

The venture capital investment arm of Bertelsmann SE & Co. KGaA, [Bertelsmann India Investments (BII),](https://www.biifund.com/) has raised $500 million to invest in Series A-D tech-driven Indian startups.

- The fund is targeted for investments in early-stage deals in India-based startups.
- The investment fund focuses on enterprises including agritech, healthtech, edtech, adtech, and fintech among others.
- BII has invested over $1.06 billion in more than 250 companies and funds since its launch.
- Its current portfolio includes Pepperfry, AgroStar, Shiprocket, Eruditus, Licious, Bijak, and others.