Aarin Capital
Venture capitalBangalore · Seed–Series A · 4 people tracked
Investment thesis
Aarin Capital is a proprietary venture fund that backs technology-driven businesses addressing large India-centric or India-first opportunities, particularly in life sciences, healthcare, and education. It partners with capable, passionate founder teams and emphasizes technology and differentiation, aiming to fund companies that build sustainable and profitable value propositions from inception. Beyond capital, the firm supports portfolio companies with strategic advice and network access, helping validate strategy, drive profitable growth, scale across geographies, optimize cash flow, and strengthen governance and compliance. Aarin also invests in entrepreneurial fund managers whose theses complement its own, broadening access to the Indian startup ecosystem.
Source: firm website, verified Aug 2, 2026.
Team · 4 people
from the firm's websiteCo-founder of Aarin Capital and an entrepreneur who built the Manipal Education and Medical Group (MEMG), including Manipal Global Education Services and Stempeutics. He has incubated and invested in numerous startups in life sciences, healthcare, and education, and is a medical doctor by training.
Co-founder of Aarin Capital and founder of the Manipal Education and Medical Group (MEMG), Ranjan Pai built businesses in healthcare, life sciences, and education, including Manipal Global Education Services, Manipal Hospitals, and Stempeutics. A medical doctor from Kasturba Medical College, Manipal, he has incubated and invested in numerous startups with several notable exits.
Co-founder of Aarin Capital and Chief Advisor to the Manipal Education and Medical Group. He was previously CFO of Infosys (1994-2006) and a board member, later leading HR and Education & Research. He holds commerce and law degrees and is a fellow of the Institute of Chartered Accountants of India.
Known as 'KV', Venkatesh has over two decades of experience in capital raising, deployment, and management. He previously worked as a fund manager at a Bengaluru family office handling seed to Series A investments, with earlier investment banking stints at SBI Capital Markets, Cazenove, and a boutique corporate finance firm. He is an engineer (UVCE) and holds an MBA (XIMB).
Investments · 12 tracked
founders shown can be your intro pathCreates personalised learning programmes tailored to individual students' proficiency and pace.
HRTech SaaS platform for tech-talent discovery, assessment, and engagement.
Branded economy hotels offering value-for-money accommodation mainly for corporate travelers.
Curated online peer-to-peer lending and personal loans marketplace in India.
Provides customised modular home interior design solutions.
Biopharmaceutical company developing next-generation cancer therapeutics.
India's direct-to-home early childhood learning brand delivering monthly theme-based activity kits for children aged 1.5 to 12.
Online pharmacy aggregator connecting patients to pharmacies and diagnostic partners.
Digital entertainment company creating and distributing original content for Indian millennials via channels like Dice Media, FilterCopy, and Gobble.
Online holiday planning platform for booking customized travel packages.
Clinical-stage biopharmaceutical company with a drug pipeline for antibiotic-resistant acne and anti-fungal dermatology treatments.
Omni-channel marketing personalization platform using real-time customer insights for contextual communication.
Frequently asked questions
- What stage does Aarin Capital invest at?
- Aarin Capital invests at the Seed, Series A stages.
- What sectors does Aarin Capital focus on?
- Aarin Capital focuses on Biotech, Digital Health, EdTech, Fintech, Healthtech.
- Where is Aarin Capital located?
- Aarin Capital is headquartered in Bangalore, IN.
Media · Podcasts & interviews
featuring the teamTV Mohandas Pai Of Aarin Capital Speaks On The Direct Tax Proposals | CEO Budget Poll | CNBC TV18 - YouTube
CNBC-TV18 · TV Mohandas Pai
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