# Kunal Upadhyay

> Kunal Upadhyay is a Series A investor at Bharat Innovation Fund backing Energy and Computer. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Bharat Innovation Fund](https://shizune.co/investors/profile/bharat-innovation-fund)
- Location: Ahmedabad, India
- Total investments: 1
- Last investment: Aug 2015
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/kunalupadhyay/
- X (Twitter): https://twitter.com/kunalupadhyay
- Facebook: https://www.facebook.com/kunal.upadhyay

Kunal Upadhyay is a Series A investor at Bharat Innovation Fund in Ahmedabad focused on Energy and Computer. Kunal Upadhyay is the Co-founder and Managing Partner of Bharat Inclusion Seed Fund. He previously worked at Sarvajal as a Co-founder. Kunal Upadhyay The London School of Economics and Political Science.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 1 | 100% |
| Computer | 1 | 100% |
| Manufacturing | 1 | 100% |
| Renewable Energy | 1 | 100% |
| Energy Management | 1 | 100% |

7 industries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Gibss | GIBSS, a WWF ClimateSolver Partner and a pioneer in high performance building systems, helps businesses reduce operating costs in their buildings by up to 60% through a suite of ultra energy efficient products in the area of air conditioning, hot water generation and lighting. GIBSS Geothermal air conditioning, hot water cogeneration systems andLED technologies are offering compelling triple bottom line benefits to over 250 commercial and industrial buildings across India. With its zero initial investment or Pay from Savings model and performance bank guarantees, GIBSS has made state of the art technologies commercially viable to its clients. GIBSS has been recognized for its contribution to innovation and economic impact by the Ministry of Science & Technology, Government of India through the India Innovation Award. |  | Series A | Aug 07, 2015 |  |

1 of 1 investments shown.

## Co-investors
- [responsAbility Investments AG](https://shizune.co/investors/profile/responsability-2) — VC Fund, 1 deal together

## About Bharat Innovation Fund

VC Fund · Ahmedabad, India

They believe India, that is Bharat, and its transformational entrepreneurs are producing globally competitive and disruptive solutions for some of the toughest challenges. Their ventures can be game-changers not only in the Indian context - but emerge as dominant leaders globally.Through their early-stage capital, unparalleled networks, strategicinsights and operational hand-holding, they can significantly de-risk the process of conversion of these ideas into companies of consequence.

4 contacts available at Bharat Innovation Fund.

| Name | Title | Profile |
| --- | --- | --- |
| Ashwin Raguraman | Founding Partner | https://shizune.co/investors/profile/ashwin-raguraman |
| Kunal Upadhyay | Managing Partner | https://shizune.co/investors/profile/kunal-upadhyay |
| Saras Agarwal | Principal | https://shizune.co/investors/profile/saras-agarwal |
| Shyam Menon | Partner & Co-founder | https://shizune.co/investors/profile/shyam-menon |

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## FAQ

### What does Kunal Upadhyay invest in?

Kunal Upadhyay invests primarily in Energy, Computer and Manufacturing startups, most often at Series A stage. Most of the 1 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Kunal Upadhyay last invest?

The most recent investment recorded for Kunal Upadhyay closed in Aug 2015. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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