BlueSky

• There is no application page or published criteria. Use the Get in touch form on the site: name, venture name, email, phone and a business description.
• The funding is limited to innovative ideas based on technology, so say plainly what the technology is and why the model is transformative.
• The site is dated, so confirm the firm is still investing before you spend time preparing materials.

BlueSky describes itself as a firm that nurtures innovative ideas and helps entrepreneurs bring their business ideas to market. Alongside investing in such ideas, it offers customised incubation services covering incubation, business acceleration, product engineering, executive coaching and organisational structuring. Its India office is in Udyog Vihar, Gurugram, Haryana, and it also lists an office in the United States.

Who it backs

The site says it loves disruption and caters exclusively to what it calls blue sky ventures, meaning ideas built on transformative business models and technology. It manages its own technology and innovation fund, limited to innovative ideas based on technology, and says it provides pre-seed and seed funding. It does not say the fund is sector agnostic: the funded ideas are technology-based, and its acceleration support is offered only in limited industry verticals. The portfolio shown on the site leans toward software and AI, including tools for insurance underwriting, document data extraction, patient updates, retail and airline video surveillance, e-commerce workflow, enterprise communication and data querying.

What founders get besides funding

The services listed are concept and market validation (studying your concept, the target audience and the competition), product engineering and development, including a CTO-on-demand service and help with vendor selection, and business acceleration. Acceleration means introductions to a network of industry leaders such as CIOs and CEOs of large organisations, plus marketing and communication support in the US market, and sales support such as building a sales funnel, generating referrals and forming partnerships.

How to reach them

The site is a single page with no separate application page, no published eligibility criteria and no intake window. The route in is the Get in touch form: name, venture name, email, phone and a business description, with a captcha. Describe the technology, the problem and the stage you are at. The site does not describe a selection process, so ask about it directly, and expect the funding side to be selective since it is limited to technology ideas.

Check before you approach

The newest dated item on the site is a social post from early 2024, and the footer shows an older copyright year, so confirm the firm is actively investing. The X account linked from the page is named Innovatus Ventures rather than BlueSky, and the site does not explain the link. We could not confirm this from outside sources.