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Transition VC

Venture capital

Bengaluru · Seed–Series A · 25 people tracked

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Investment thesis

Transition VC positions itself as India's first energy-transition focused venture fund, investing in engineering-led companies building technologies to power, move, build, and secure India's next energy era. It targets areas including energy storage, mobility, industrial decarbonisation, and alternate fuels. The fund argues climate-aligned companies can win on both impact and financial returns. It deliberately constructs its portfolio so each company occupies a distinct technical wedge of the energy stack, generating synergies rather than overlap. Founders benefit from shared supplier knowledge, faster engineering feedback loops, and cleaner enterprise access, creating a network effect intended to accelerate scale, de-risk execution, and strengthen returns.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
HQ
Bengaluru, IN
Leads rounds
Follows
Instruments
Equity
Founded
2022
Tracked investments
20

Team · 25 people

from the firm's website & public directories
Aarti Kumari· Visualizer
Abhinaya Venkatesh· Operations Associate
Aditi Manjunath· Marketing & Events Associate
Anavi Panjwani· Portfolio - Investments Fellow
Annanya Mohan· Operations Analyst
Anuj Khanna· Sector Expert and Advisor
Bhoomika Jain· Sourcing Specialist
Dr Arvind Parthasarathy· Sector Expert and Advisor
Dr. Ingolf Gröning· Sector Expert and Advisor
Dristi Kedia· Investor Relations Analyst
Manasvi Patel· VP - Marketing and Communications
Mustafa Wajid· Sector Expert and Advisor
Naresh V Narasimhan· Sector Expert and Advisor
Rajesh Doshi· Sector Expert and Advisor
Ravin Mirchandani· Sector Expert and Advisor
Saloni Pattnaik· HR Manager
Stenson Sajee· Director - Investor Relations
Tejas Goenka· Sector Expert and Advisor
Vaibhav Shrivastav· Investment Analyst
Vishvas Shah· Investment Analyst
Yashodhara Bakliwal· VP - Portfolio Investments

What they invest in

from 9 of 20 portfolio companies

Cleantech ×4Energy ×4Hardware ×3Climate Tech ×2Mobility & Transportation ×2Advanced Manufacturing ×1AI & Machine Learning ×1Biotech ×1

HQs:India×4

Investments · 20 tracked

founders shown can be your intro path
CIMwarecimware.inin

CIMware is a deep-tech startup developing Composable Disaggregated Infrastructure (CDI) and a Smart ToR Switch aimed at improving efficiency and sustainability in modern data centers.

CleantechCloud ComputingDeep TechHardwareBangalore, IN

Rajiv Ganth(CEO)Anand Raghav(CFO)

Comminentcomminent.com

Builds standards-based RF mesh stack for smart meters and large-scale IoT infrastructure with high data rates and self-healing capabilities.

Dynoltdynolt.com

Develops software-defined power converters for EV charging, solar inverters, and battery energy storage systems.

EMO

Designs and manufactures immersion-cooled battery packs with integrated thermal management systems for mobility and energy storage applications.

EMO Energyemoenergy.inin𝕏

EMO Energy provides an energy platform for commercial establishments, combining battery technology, charging hardware, and energy storage systems (ESS) into software-driven system called NEXO to optimize energy use from grid to vehicles.

CleantechEnergyMobility & Transportation

Fitsolfitsol.green

Combines carbon accounting SaaS platform with on-ground decarbonization services including logistics optimization and waste solutions.

Greenfigreenfi.aiin𝕏

GreenFi provides a no-code AI platform for ESG compliance, due diligence, and risk assessment, ingesting unstructured ESG data to generate automated insights and decision recommendations.

AI & Machine LearningClimate TechFintech

GreenTech MWgreentechmw.comin

GreenTech provides wind asset management services for renewable energy operators, managing over 400 MW of operational capacity across nine wind-producing states.

CleantechClimate TechEnergy

Helionis Labs

Designs and manufactures high-performance Insulated Metal Substrates using proprietary ceramic-filled dielectric for thermal management in LEDs and power electronics.

Helionislabshelionislabs.in
Hyd Genhyd-gen.com
I Foundriesi-foundries.com

Intrinsic Foundries develops a Carbon Biofoundry platform that converts industrial carbon streams into biochemicals and materials using biological manufacturing.

Advanced ManufacturingBiotechCircular Economy

Intrinsic Foundries

Uses microalgae-based carbon utilization to capture CO₂ from industrial emissions and convert it into high-value biochemicals.

Matel.Comatel.co.in

MATEL designs, manufactures, and tests high-efficiency PMSM motors, drives, motor controllers, and geartrains for industrial applications such as textile, pumps, HVAC, and compressors, as well as EV powertrain solutions for two-, three-, and four-wheelers, buses, and commercial vehicles.

EnergyHardwareMobility & Transportation

Prithuprithu.earth

Develops regenerative agriculture and agroforestry-led carbon projects with farmers to generate nature-based carbon credits.

Promethean

Builds modular waste-heat recovery and high-temperature heat pump solutions with IoT diagnostics for industrial decarbonization.

Prometheanenergyprometheanenergy.com

Promethean Energy builds IoT-enabled thermal waste heat recovery systems — including heat recovery from air compressors, flue gases, chillers, and effluent, plus high-temperature heat pumps — to cut industrial energy costs and support decarbonization.

CleantechEnergyIoT

Protonasprotonas.tech

Develops cost-efficient PEM fuel cells with proprietary stack design for modular, long-duration backup power systems.

WorkOnGridworkongrid.comin𝕏

Grid is an operations management platform that provides structured data collection and process visibility through industry-level templates.

Data & InfrastructureEnterprise SoftwareSaaS

ZeroDragzerodrag.in

Zerodrag designs and manufactures FPV drone components in India, including flight controller stacks, 4-in-1 ESCs, GNSS systems, ExpressLRS receivers, drone motors, LEDs, and accessories.

HardwareRobotics

Frequently asked questions

What stage does Transition VC invest at?
Transition VC invests at the Seed, Series A stages.
What sectors does Transition VC focus on?
Transition VC focuses on Cleantech, Climate Tech, Deep Tech, Energy, Mobility & Transportation, New Materials.
Where is Transition VC located?
Transition VC is headquartered in Bengaluru, IN.
Does Transition VC lead rounds?
Transition VC typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Shantanu Chaturvedi From Transition VC - Fund Of The Day - EP5 | Startup September 2023

Headstart Network · Shantanu Chaturvedi

Inside the Investment 3: Albatross Energetics

Transition VC

The New Energy Order | Energy, Geopolitics and Growth

Transition VC

Inside The Investments E1: ZeroDrag

Transition VC

Building Next Generation Hydrogen Fuel Cell! Protonas

Transition VC

Driving the Future! Matel's High Efficiency Motors and Smart Controllers

Transition VC

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