Avaana Capital
Venture capitalMumbai · Seed–Late Stage · 18 people tracked
Find your way into Avaana Capital
2,534 people in our graph share verified history with the Avaana Capital team — schools, employers, funds. One of them is your warm intro.
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 Aug 3, 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 27 of 40 portfolio companiesCleantech ×9AgTech ×8FoodTech ×7Climate Tech ×6Energy ×6Fintech ×5Advanced Manufacturing ×4B2B Marketplaces ×4
HQs:India×20United States×2Finland×1
Investments · 40 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 132024 · 22023 · 22022 · 42021 · 224 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 CapitalSixth Sense Ventures
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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)in
Co-investorsAlteria CapitalIncubate FundSE VenturesUTECBlume VenturesRiverwalk Holdings+1 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
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
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 PartnersMassMutual Ventures
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-investorsBetter Capital
Eggoz produces and sells farm-fresh eggs from hens fed herbal (chemical-free) feed and subjected to quality checks, aiming to give consumers awareness of egg quality and freshness.
AgTechDirect to ConsumerFoodTech
Abhishek Negi(Founder)inAditya Singh(Founder)in
Co-investorsRebright PartnersTracxn labsIvyCap VenturesNabventures
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 VenturesNabventuresSpring Marketing CapitalStride VenturesRebright Partners
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-investorsWintermuteKalaari CapitalPeak 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 PartnersZ47
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 VenturesAgFunderBoxGroupNexus Venture PartnersOmnivore
Gurgaon, IN
Nishant Mishra(Founder)
Co-investorsAgFunderTrifecta Capital Advisors
Kazam builds infrastructure systems that connect energy, technology, and operations to support the shift to electric mobility.
CleantechEnergyMobility & TransportationBengaluru, IN
Paras Shah(Founder)in
Co-investorsLVX VenturesAlteria CapitalInternational Finance CorporationVertex VenturesWe Founder Circle
E-mobility startup offering device-agnostic solutions for EV charging and battery swapping.
Paras Shah(Founder)in
Co-investorsVertex Ventures Sea Management Pte. Ltd.Alteria CapitalIFCVertex VenturesWe Founder Circle
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 QuotientKae Capital3one4 CapitalJuly Ventures
Pune-based digital lender offering personal, MSME and invoice-financing loans in India through its own RBI-registered NBFCs.
Satyam Kumar(Founder)inVikas Kumar(Founder)in
Co-investorsKae Capital3one4 CapitalIndia QuotientJuly Ventures
MEKR Technologies is a manufacturing company that produces OEM products and consumer electronics solutions.
Advanced ManufacturingB2B MarketplacesConsumerHardware
Anand Yadav(Founder)in
Co-investorsBetter Capital
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
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(Co-Founder)Sudhindra Reddy(Co-Founder)in
Co-investorsMudita VentureQuona CapitalStellaris Venture Advisors 2 LlpB Capital
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 InnovationsEnlite
Portfolio news
latest coverage across their companiesFarmart · farmartmedia.co.uk · Aug 19, 2026
46 · seedtable.com · Aug 4, 2026
Wastelink · startupintros.com · Jul 13, 2026
Aerem Solutions Pvt Ltd · entrackr.com · Jan 21, 2026
Turno · entrackr.com · Dec 25, 2025
Eggoz · hindustantimes.com · Dec 11, 2025
Equilibrium · india.entrepreneur.com · Sep 22, 2025
Equilibrium · india.entrepreneur.com · Sep 22, 2025
Frequently asked questions
- How many investments has Avaana Capital made?
- Avaana Capital has 40 tracked investments, including 14 dated in the last 24 months.
- What stage does Avaana Capital invest at?
- Avaana Capital invests at the Seed, Series A, Series B, Series C, Late Stage 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.
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 an India-focused early-stage venture investor backing startups across sectors including consumer, mobility, fintech, edtech, ecommerce and gaming.
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 venture capital firm that invests in early-stage biotech companies in Europe, with a focus on healthcare innovations.
3one4 Capital is an early-stage venture capital firm focused on India, partnering with mission-oriented founders across select market categories.
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 venture capital firm based in New York City that invests at the edge of large markets undergoing transformation from technological and societal pressures.
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.
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