Aeravti Ventures’ inaugural fund aims to fuel innovation and drive the growth of emerging tech startups in India, with a focus on sectors like Deep-Tech, Biosciences, and Enterprise Tech.
New Delhi-based venture capital firm, Aeravti Ventures, has made an exciting announcement as it concludes the first close of its inaugural Rs 100 crore fund. This fund is specifically targeted at supporting emerging tech startups and aims to fuel their growth and innovation. With a strong focus on sectors such as Deep-Tech, Deep-Sciences, Biosciences, Agri-Tech, Climate, and Enterprise Tech, Aeravti Ventures is poised to play a crucial role in shaping the future of these industries.
The fund’s primary objective is to identify and invest in promising startups operating at the pre-seed to pre-series A stages. By providing early-stage funding and mentorship, Aeravti Ventures aims to empower these startups and help them navigate the challenges of scaling their businesses. The fund’s strategy is rooted in supporting ventures across Bharat, with a special emphasis on tapping into the potential of new age technologies across the country.
Rishabh Singh, the Managing Partner at Aeravti Ventures, brings a wealth of experience to the firm. Having previously worked with deep-tech ventures in Silicon Valley and Southern California through the renowned StartR incubator, Rishabh is well-versed in the intricacies of nurturing early-stage startups. Upon returning to India, he founded Capnetic Consulting Group, an investment banking and financial advisory firm focused on supporting startups.
Joining Rishabh is Shubham, a seasoned chartered accountant with a strong background in auditing and conducting due diligence for funds and family offices. His expertise and experience in corporate strategy, gained from working with Udaan’s corporate strategy team, complement Rishabh’s skill set and will be instrumental in identifying and evaluating potential investment opportunities.
Aeravti Ventures has outlined a strategic deployment plan for its capital over the next two to two-and-a-half years. The firm is committed to providing significant follow-on investments to its portfolio companies, ensuring ongoing support throughout their growth journey. Demonstrating their proactive approach, Aeravti Ventures has already made investments in two promising startups operating in the DeepTech and SupplyChain domains. While further details are yet to be announced, these initial investments showcase the firm’s dedication to backing innovative ventures with disruptive potential.
This milestone achievement by Aeravti Ventures marks a significant development in India’s startup ecosystem. The fund’s focus on emerging technologies and its commitment to nurturing startups at the early stages reflects the growing recognition of the importance of innovation and entrepreneurship in driving economic growth. Aeravti Ventures has positioned itself as a catalyst for change, enabling ambitious entrepreneurs to turn their visions into reality.
As the fund continues its journey, it is expected to contribute to the creation of a robust and vibrant startup ecosystem in India. By empowering emerging tech startups and providing them with the necessary resources and guidance, Aeravti Ventures aims to shape the future of industries and foster a culture of innovation and excellence.
The successful close of Aeravti Ventures’ inaugural fund is a testament to the potential and promise of India’s startup landscape. With this capital infusion and their strategic investment approach, the firm is well-positioned to identify and support the next generation of disruptive startups. As the journey unfolds, the impact of Aeravti Ventures’ investments will be closely watched, as they contribute to the growth and evolution of the Indian startup ecosystem.
Aeravti Ventures, an early-stage Venture Capital firm, has made an exciting announcement with the first close of its inaugural Rs 100 crore fund. This fund is specifically designed to support and nurture emerging tech startups in various sectors. With a primary focus on Deep-Tech, Deep-Sciences, Biosciences, Agri-Tech, Climate, and Enterprise Tech, Aeravti Ventures aims to invest in promising startups at the pre-seed to pre-series A stages.
The fund has a strong commitment to fostering innovation in Bharat, with a particular emphasis on backing new age technologies across the country. Rishabh Singh, the Managing Partner at Aeravti Ventures, brings a wealth of experience as an investor, having worked with deep-tech ventures in Silicon Valley and Southern California through the incubator StartR. After relocating to India, he founded Capnetic Consulting Group, an early-stage investment banking and financial advisory firm.