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Aavishkaar Venture Management Services Private Limited

Impact investor

Mumbai · Seed–Growth · 23 people tracked

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Investment thesis

Aavishkaar Capital aims to leverage the intersection of consumption, financial inclusion, and technology across emerging low- and middle-income populations to build sustainable, impactful, and scalable businesses that generate returns for investors and society. It targets businesses serving the emerging 3 billion population, with models capable of significant scale within 4-5 years and strong management teams. The firm concentrates on three core sectors — Financial Inclusion, Food & Agriculture, and Essential Services — and follows a multi-stage 'sow-tend-reap' strategy supporting companies from seed through growth. It takes an active role, advising portfolio companies on strategy, governance, operations, HR, and fundraising.

Source: firm website, verified Sep 15, 2026.

Stage
Seed–Growth
Check
$5M – $25M
HQ
Mumbai, IN
Leads rounds
Follows
Instruments
Equity · Debt
Founded
2001
AUM
$500M
Tracked investments
31
Acquisitions
1

Team · 23 people

from the firm's website & curated & public directories
Ajay Maniar· Advisorin
Shriya Khanna· Associate Director – Capital Formationin

What they invest in

from 10 of 31 portfolio companies

Fintech ×4Advanced Manufacturing ×2AgTech ×2B2B Marketplaces ×2Data & Infrastructure ×2Mobility & Transportation ×2AI & Machine Learning ×1Circular Economy ×1

HQs:India×11

Investments · 31 tracked

founders shown can be your intro path
AgroStaragrostar.inin𝕏

AgroStar builds technology solutions for Indian farmers, combining agricultural inputs, crop care products, and farm implements with digital platforms and farmer-focused applications.

AgTechB2B MarketplacesData & InfrastructureIndia, IN

Shardul Sheth(CEO & Co-Founder)inSitanshu Sheth(COO & Co-Founder)in

Co-investorsAccelAlteria CapitalChiratae VenturesEvolvence India FundStride Ventures

Altum Credo Home Financealtumcredo.co.in

Altum Credo Home Finance is a Pune-based, RBI-registered housing finance company providing long-term home loans to low-income, first-time homeowners across six Indian states.

Pune, IN

Co-investorsAmicus Capital PartnersBritish International Investment

Arohanarohan.inin𝕏

Arohan Financial Services Limited is an India-based financial services company preparing for an initial public offering of equity shares on the BSE and NSE.

Fintech

Co-investorsGoodwell Investments

Balaji Groupunitedaryan.net

Balaji Group is a Nairobi-based holding company that manufactures woven and knit apparel for global brands through subsidiaries United Aryan Ltd and Suman Shakti.

Electronica Financeelectronicafinance.comin𝕏

Electronica Finance is a financial services company with operations in India.

FintechPune, IN

Shilpa Pophale(MD & CEO)in

Co-investorsLeapFrog Investments

ERGOSergos.inin𝕏

Ergos operates a "Grainbank" model that provides small and marginal farmers with warehouse storage at the farmgate, credit access through partner banks, and market linkage to sell produce during favorable seasons.

AgTechB2B MarketplacesFintechBengaluru, IN

Kishor Kumar Jha(CEO and Director)Praveen Kumar(COO and Director)

Co-investorsChiratae VenturesTrifecta Capital Advisors

Gnanignani.aiin𝕏

Gnani.ai builds proprietary speech and language models for enterprise voice AI applications, including speech-to-text, text-to-speech, and voice agents trained on multilingual telephonic audio.

AI & Machine LearningEnterprise SoftwareSector Agnostic

Ananth Nagaraj(Founder)inGanesh Gopalan(Founder)in

Co-investorsInfo Edge Ventures

Go DESigodesi.in

GO DESI makes traditional Indian snacks and confectionery, including tamarind-based lollipops (Imlipop), positioned as healthier alternatives to sugary sweets for consumers such as families and children.

ConsumerDirect to ConsumerFoodTech

Co-investorsRoots VenturesRukam Capital

Jumps Autojumpsindia.com

Jumps is an India-based, fully integrated manufacturer of automotive rotating electricals, including starter motors, alternators, and related sub-assemblies.

Advanced ManufacturingHardwareMobility & TransportationGurgaon, IN

Midland Bankmidlandbankbd.netin

Midland Bank PLC is a commercial bank based in Dhaka, Bangladesh, offering financing services with a focus on SMEs and the textile/RMG sector, including ESG-compliant lending.

NEPRAnepra.co.inin

NEPRA Group operates technology-driven platforms for waste management, recycling, and sustainability, serving regulatory and corporate clients through data-centric solutions.

Circular EconomyCleantechClimate TechData & Infrastructure

Unnamed Founder(Founder)Snehal Jariwala

Co-investorsCirculate Capital

Poshs Metalposhsmetal.com

Poshs Metal Industries operates a steel service centre offering precision steel processing — coil slitting, cut-to-length, continuous die blanking, and trapezoidal cutting — for automotive manufacturers.

Advanced ManufacturingMobility & TransportationNew Materials

Robust International Pte Ltd.robust-international.com

Robust International is a Singapore-headquartered agri-commodity trading and processing company sourcing sesame, cashew nuts, rice, maize and gum from smallholder farmers in Africa.

Sei Balai Green Energysbge.co.id

Sei Balai Green Energy is an Indonesian agri-food company operating an integrated cassava/tapioca starch processing plant in North Sumatra, powered by biogas from its own production waste with wastewater recycling.

Utkarsh SFButkarsh.bank.in

Utkarsh Small Finance Bank is an Indian small finance bank offering retail and business banking products including savings and current accounts, fixed and recurring deposits, personal, home, gold, MSME and commercial vehicle loans, plus insurance and investment options.

Fintech

WorkIndiaworkindia.in

Bengaluru, IN

Nilesh Dungarwal(Founder)

Co-investorsInsitor

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Connect India Distribution RevolutionEPS A Payment System CompanyFREEDGoboltHelaHorizon GroupINI FarmsLEO1MaNewtracePrivam NutsSeven OceansVecmocon TechnologiesZero GravityZouk

Exits · 1

1 acquisitions

INI Farmsacq. by AgroStar

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Aavishkaar Venture Management Services Private Limited made?
Aavishkaar Venture Management Services Private Limited has 31 tracked investments, 1 of which have exited.
What stage does Aavishkaar Venture Management Services Private Limited invest at?
Aavishkaar Venture Management Services Private Limited invests at the Seed, Growth stages.
What is Aavishkaar Venture Management Services Private Limited's typical check size?
Aavishkaar Venture Management Services Private Limited typically writes checks of $5M – $25M.
What sectors does Aavishkaar Venture Management Services Private Limited focus on?
Aavishkaar Venture Management Services Private Limited focuses on AgTech, Fintech, Healthtech, Impact & Social Good.
Where is Aavishkaar Venture Management Services Private Limited located?
Aavishkaar Venture Management Services Private Limited is headquartered in Mumbai, IN.
Does Aavishkaar Venture Management Services Private Limited lead rounds?
Aavishkaar Venture Management Services Private Limited typically participates in rounds rather than leading them.
Who does Aavishkaar Venture Management Services Private Limited co-invest with?
Aavishkaar Venture Management Services Private Limited most often shares deals with Chiratae Ventures, Accel, Insitor, among 13 tracked co-investors.

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