Fundraising Fox
Avaana Capital
Venture capitalMumbai · Pre-Seed–Series A · 18 people tracked
Also known as Avaana
Find your way into Avaana Capital
Sign up to see every warm intro you have to Avaana Capital
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Avaana Capital team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Investment thesis
Avaana Capital partners with visionary founders leveraging frontier and deep tech innovation to build globally competitive businesses for India and the world. The firm focuses on key economic sectors including energy, mobility and supply chains, precision manufacturing, agriculture and food systems, nanotechnology, robotics, advanced materials, AI, and biotech. Beyond capital, Avaana provides domain insight, business-building expertise, and ecosystem connectivity spanning technology, industry, academia, capital, and policy. It aims to help founders scale disruptive, transformative businesses into market leaders through a connected network of high-impact partners.
Source: firm website, verified Sep 27, 2026.
Team · 18 people
from the firm's website & public directories
Founder mafia
2 people who came through Avaana Capital went on to found or lead other companies.
What they invest in
from 28 of 38 portfolio companiesCleantech ×10AgTech ×7Climate Tech ×7Energy ×6Fintech ×6FoodTech ×6Advanced Manufacturing ×4B2B Marketplaces ×4
HQs:India×21United States×2Finland×1
Investments · 38 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 142024 · 22023 · 22022 · 42021 · 225 dated
Eeki develops IoT-enabled, climate-controlled farming technology that uses a closed-loop irrigation system to grow vegetables with lower water use, lower production cost, and higher yield than conventional soil farming.
AgTechFoodTechIoTKota, IN
Amit Kumar(Founder)inAbhay
Co-investorsGeneral CatalystBetter CapitalGSF AcceleratorSixth Sense Ventures
.png)
46 Capital is an investment firm focused on early-stage companies across multiple sectors, led by experienced professionals with backgrounds in venture capital, private equity, healthcare, energy, and finance.
Fintech
Tim Clark(Managing Director)
Co-investorsHurricane VenturesAndreessen HorowitzAscenta CapitalBoxGroupClaypond CapitalFirst Round Capital+7 more
Aerem is a "FinTech for CleanTech" group that runs a digital lending platform and B2B marketplace to finance and supply rooftop solar in India, serving businesses, homeowners, and solar EPC companies.
B2B MarketplacesCleantechEnergyFintech
Anand(CEO)inAditya Vikram Kejriwal(Founder)Anand Jain(Founder)Vikesh Agarwal(Founder)
Co-investorsAlteria CapitalIncubate FundSE VenturesUTECBlume VenturesBritish International Investment+2 more
Outdoors91 manufactures and sells bicycles and fitness equipment in India, delivering 99% pre-assembled products directly to customers across 600+ cities.
Advanced ManufacturingConsumerE-commerceIndia, IN
Co-investorsAlteria CapitalTitan Capital
AmpereHour provides battery energy storage systems and energy management software for utilities, developers, and enterprises seeking to integrate renewable energy at scale.
AI & Machine LearningCleantechEnergyHardware
Co-investorsCore91.vc
BacAlt uses fermentation to convert agricultural waste into fully natural bacterial biopolymers that replace synthetic ingredients.
BiotechCircular EconomyNew Materials
Shruti KutmutiaDr Pranav Nairin
Carboledger provides compliance automation and AI-powered data validation for sustainability reporting across supply chains, helping companies meet evolving regulations like ISCC PLUS, REDCert, RED III, and CORSIA.
Climate TechEnterprise SoftwareSaaS
Nikha Garg(Founder)in
Co-investorsArka Venture LabsBioGeneration Ventures
Climes builds Carbon-OS, a carbon accounting and emissions data platform that traces every tonne of CO₂e back to source documents for audit and regulatory purposes.
CleantechClimate TechSaaSDelhi, IN
Anirudh Gupta(Founder)in
Co-investorsPeak XV PartnersKalaari CapitalSequoia Capital
Clinikk is a healthcare service and product, launched in 2018, that aims to be a family's first point of contact for illnesses through affordable, accessible care.
Digital HealthHealthtechInsurTechWellness & FitnessBengaluru, IN
Bhavjot Kaur(Co-founder)inDr. Suraj Baliga(Co-founder)
Co-investors500 GlobalBeyond Capital VenturesEmphasis VenturesWEH VenturesCrane Venture PartnersEMV Capital+3 more
Dreamfly Innovation manufactures advanced thermal battery technology for drones, addressing safety, weight, lifespan, and charging issues in the drone battery market.
AgTechCleantechEnergyHardwareBengaluru, IN
Kajal Shah(Co-Founder and CEO)Dr. Saurabh Markandeya(Co-Founder and CTO)
Co-investorsCore91.vcRajul Sandeep JhaveriBetter Capital
Eggoz is a farm-to-plate egg brand that supplies fresh eggs laid by hens raised on herbal (chemical-free) feed and subjected to quality checks.
AgTechDirect to ConsumerFoodTech
Abhishek Negi(Founder)inAditya Singh(Founder)in
Co-investorsIvyCap VenturesNabventuresRebright PartnersSpring Marketing CapitalStride VenturesTracxn labs
Cloud-native and AI enabled building automation platform
Equilibrium Group is a global developer of decentralized technologies and operates a venture capital arm investing in blockchain, cryptocurrency, and Web3 infrastructure projects.
Crypto & Web3Data & InfrastructureDeep TechFintech
Olli Tiainen(Chief Executing Officer)inVesa-Ville Piiroinen(Chief Technology Officer)Otto Wirkkala(Chief Financial Officer)in
BoardVille Tapani(Chairman of the Board)
Co-investorsKalaari CapitalWintermutePeak XV Partners
Equilibrium develops carbon removal systems that integrate ecological restoration with technical infrastructure, focusing on long-term stewardship across forests, coastlines, and soils.
AgTechCircular EconomyCleantechClimate TechImpact & Social Good
Co-investorsKalaari CapitalPeak XV Partners
FarMart operates an AI-enabled food sourcing and procurement platform connecting suppliers, processors, and food manufacturers, with integrated logistics, verified supplier discovery, compliance flows, and automated settlements.
AgTechB2B MarketplacesFoodTech
Alekh Sanghera(Founder)inMehtab Hansin
Co-investors500 GlobalOrios Venture PartnersZ47IAN Group
GreenGrahi uses Black Soldier Fly biotechnology to convert organic waste into ingredients for animal feed, pet food, and agriculture.
AgTechBiotechCircular EconomyClimate TechIndia, IN
Shivali Sugand(Founder)Siddharth Sharma(Founder)in
High Time Foods produces traditional Indian snacks (tikki, samosa, momo) formulated with increased protein content, addressing nutritional accessibility for the Indian market.
FoodTechHealthtechWellness & FitnessCambridge, US
Co-investorsSustainable Food VenturesTBD AngelsTechstarsBabel Ventures
Intello is a talent agency representing knowledge and impact creators on YouTube, Instagram, TikTok, and LinkedIn, connecting them with brands.
Creator EconomyMarketing TechMedia & Entertainment
Kunal Almadi(Founder)in
Co-investorsKima VenturesAgFunderBoxGroupKaedan CapitalNexus Venture PartnersOmnivore
Gurgaon, IN
Nishant Mishra(Founder)Devendra Chandani(Founder)Himani Shah(Founder)Milan Sharma(Founder)
Co-investorsAgFunderTrifecta Capital AdvisorsNexus Venture Partners
Kazam builds infrastructure systems that connect energy, technology, and operations to support the shift to electric mobility.
CleantechEnergyMobility & TransportationBengaluru, IN
Paras Shah(Founder)inAkshay Shekhar(Founder)Vaibhav Tyagi(Founder)
Co-investorsLVX VenturesVertex Ventures Sea Management Pte. Ltd.We Founder Circle Global Angels FundAlteria CapitalInternational Finance CorporationIPV+3 more
Kazam builds charging infrastructure and software systems for electric vehicle operators and networks, connecting energy, technology, and operations to support sustainable mobility at scale.
B2B MarketplacesCleantechEnergyEnterprise SoftwareFintechIoTMobility & TransportationBengaluru, IN
Co-investorsChakra Growth FundVertex Ventures Sea Management Pte. Ltd.
LoanTap is an Indian fintech company offering personal loans aimed at millennials, with an in-house RBI-registered NBFC.
ConsumerFintech
Satyam Kumar(Founder)inVikas Kumar(Founder)in
Co-investorsIndia QuotientJuly VenturesKae Capital3one4 CapitalShunwei Capital
MEKR Technologies is a manufacturing company that produces OEM products and consumer electronics solutions.
Advanced ManufacturingB2B MarketplacesConsumerHardware
Anand Yadav(Founder)in
Co-investors2am VCBetter CapitalTitan Capital
Mudrex is a cryptocurrency trading platform that enables users to buy, sell, and trade 650+ digital assets including Bitcoin, altcoins, and Web3 tokens in Indian Rupees.
Crypto & Web3FintechBengaluru, IN
Edul Patel(CEO)inAlankar Saxena(Founder)Prince Arora(Founder)Rohit Goyal(CEO)Snehil Buxy
Co-investorsArkam VenturesBetter CapitalCapria VenturesIncrypt BlockchainVentureSouqWoodstock Fund+11 more
Phyx44 designs novel proteins engineered for food applications using precision fermentation and protein engineering, serving food manufacturers seeking specific taste, texture, and nutritional functionality.
BiotechDeep TechFoodTechBengaluru, IN
Bharath Bakaraju(Founder)in
Co-investorsBetter Bite VenturesBig Idea VenturesIdeaspring Capital
Sentra.world offers a carbon accounting platform for industrial manufacturing, using AI and blockchain-enabled cloud technology to help industries measure, mitigate, and monetise their carbon footprint.
Advanced ManufacturingCleantechClimate TechEnterprise SoftwareSaaS
Co-investorsGolden Sparrow Ventures, LlcIIMA Ventures
Tech-enabled Emergency Response Services provider with transportation solutions for hospitals, corporates, and patients (operates as Red.Health).
Co-investorsHealthQuadHealthXCapitalKalaari CapitalHyderabad AngelsN+1 Capital
TSUYO manufactures electric vehicle powertrain components including motors, drives, converters, gearboxes, axles, and e-axle solutions for OEMs and commercial applications across India and Southeast Asia.
Advanced ManufacturingCleantechHardwareMobility & TransportationBengaluru, IN
Vijay KumarLalit BaidTripurari Kumar
Turno leases commercial electric vehicles and extracts value from their batteries across a battery lifecycle spanning lending, manufacturing, and second-life energy storage for stationary applications.
CleantechClimate TechEnergyMobility & TransportationIndia, IN
Hemanth Aluru(Founder)Sudhindra Reddy(Founder)in
Co-investorsB Capital GroupMudita VentureQuona CapitalStellaris Venture Advisors 2 LlpB CapitalRET Ventures
.jpeg){kind=logo}
WasteLink operates a food waste management platform that upcycles food surplus from food producers and retailers into bakery-based animal feed ingredients.
AgTechCircular EconomyClimate TechFoodTech
Saket Dave(Founder and CEO)inKrishnan Kasturirangan(Co-Founder)in
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AeremAmperhourDharakshaDharaksha EcosolutionsDreamflyDreamfly Innovations
Portfolio news
latest coverage across their companies
Mudrex · mudrex.com · Jul 17, 2026
Tsuyo · app.fundz.net · Oct 29, 2025
Loantap · fintech.global · Jun 9, 2025
Frequently asked questions
- How many investments has Avaana Capital made?
- Avaana Capital has 38 tracked investments, including 15 dated in the last 24 months.
- What stage does Avaana Capital invest at?
- Avaana Capital invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Avaana Capital focus on?
- Avaana Capital focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Biotech, Cleantech, Climate Tech, Consumer, Deep Tech, Energy, Fintech, FoodTech, Impact & Social Good, Logistics & Supply Chain, Mobility & Transportation, New Materials, Retail Tech, Robotics, SaaS.
- Where is Avaana Capital located?
- Avaana Capital is headquartered in Mumbai, IN.
- Does Avaana Capital lead rounds?
- Avaana Capital typically participates in rounds rather than leading them.
- Who does Avaana Capital co-invest with?
- Avaana Capital most often shares deals with Golden Sparrow Ventures, Llc, IIMA Ventures, LVX Ventures, among 5 tracked co-investors.
- What size deals does Avaana Capital back?
- Across 7 deals with disclosed amounts, Avaana Capital has joined rounds of $2M – $8M (median $4M).
Media · Podcasts & interviews
featuring the teamAnjali Bansal, Avaana Capital | Startup Mahakumbh 2025
Businessworld · Anjali Bansal
Anjali Bansal, Founding Partner, Avaana Capital
Startup Mahakumbh · Anjali Bansal
What to build in Climate? with Anjali Bansal of Avaana Capital & Ashish Goel of ClimatexCapital
Antler in India · Anjali Bansal
LEAKED: This woman is the only Indian to... || Ft. Swapna Gupta, Partner at Avaana Capital w Radhika
Radically Yours by Radhika · Swapna Gupta
Avaana Capital’s Anjali Bansal on building inclusive workplaces and more
Outlook Magazine · Anjali Bansal
Keynote: Anjali Bansal from Avaana Capital
Terrado Climate School · Anjali Bansal
Images
Co-investors · 11
Better Capital is a global venture capital firm that backs bold innovators from day zero, with a portfolio focused largely on Indian startups.
General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.
MassMutual Ventures is the venture capital arm of Massachusetts Mutual Life Insurance Company, investing in technology companies and supporting their growth with capital, connections, and expertise.
BioGeneration Ventures is a European venture capital firm investing in early-stage biotech, medtech and life sciences companies developing novel therapeutics and medical technologies.
3one4 Capital is an early-stage venture capital firm based in India that partners with mission-oriented founders building companies for the new Indian economy.
UTEC is a venture capital firm that invests in seed and early-stage technology companies and is affiliated with the University of Tokyo.
Union Square Ventures is a New York-based venture capital firm that invests across a broad range of technology sectors, presenting a large portfolio spanning crypto, fintech, climate, AI, education, health, and marketplaces.
Foobar is the investment company of Icelandic entrepreneur David Helgason that focuses on supporting startups and investing in technology to accelerate global decarbonization and sustainability efforts.
V3 Ventures is an early-stage investment firm backing purpose-driven consumer brands and consumer technology businesses globally, with teams in the US, Europe and India. It was founded by entrepreneurs and is backed by Verlinvest.
100X.VC is an early-stage venture capital firm that invests in startups using founder-friendly India SAFE Notes, combining funding with mentorship and network support to help founders scale.
Firms observed investing alongside Avaana Capital, from public investor directories. Shared companies are the overlap with Avaana Capital's recorded portfolio.
Similar investors
Everywhere Ventures is an early-stage venture firm that writes pre-seed checks and is backed by a community of founder and operator LPs.
Khosla Ventures is a venture capital firm that backs bold, early-stage, technology-driven companies across deep tech and other sectors, providing hands-on 'venture assistance' to help founders build category-defining businesses.
VenturEast is one of India's longest-standing venture capital fund managers, investing since 1997 and managing over $325 million across more than 100 investments in technology, healthcare, and clean environment.
BDC (Business Development Bank of Canada) is a Canadian financial institution that has supported small and medium-sized businesses across all industries and stages of growth for over 80 years, providing financing and advisory services.
Ankur Capital is an early-stage deep science and frontier technology venture firm based in Mumbai, India, backing science- and engineering-driven founders from pre-seed to Series A.