BHAV Acquisition Corp is a blank check company (SPAC) incorporated in the Cayman Islands in September 2025, with no operations or revenue. Its sole purpose is to identify and acquire a private operating business, taking it public. BHAV's stated focus areas are advanced and industrial robotics, electric vehicles, drones and unmanned aerial systems, and fintech, though it is not contractually restricted to these sectors. BHAV raised $100M in a $10.00-per-unit IPO of 10M units, with each unit consisting of one Class A ordinary share plus one right to one-quarter of a Class A share upon deal close. An additional $2M came from private placement units to the sponsor, for total trust proceeds of $100M. Public shareholders receive their pro-rata trust value at deal close or upon redemption, with upside tied to post-deal appreciation. The sponsor, BHAV Partners, acquired founder shares for $25,000, which convert 1-for-1 into Class A shares at deal close, with anti-dilution provisions ensuring founders hold 25% of post-IPO shares — more dilutive than the standard 20% SPAC structure. BHAV has a 15-month deadline to close a deal, shorter than the 18-24 months typical for larger SPACs. If no deal closes, public shareholders can redeem at approximately $10.00 per share. BHAV is led by CEO Giri Devanur, a technology entrepreneur who has taken two companies public on Nasdaq, and CFO Chaitanya Kumar Setti. Neither has prior SPAC management experience.