Fund profile / India

Avaana

Geography
India
Stage
Pre-Seed
Fund size
$135M
Focus
AI/ML, Climate & Sustainability, Deep Tech and SaaS
Signals
Published
Share
N°01 / About

About Avaana

Avaana  is a venture capital firm based in India, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, Climate & Sustainability, Deep Tech, SaaS, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionIndia
Funding StagePre-Seed
Industry Focus
AI/ML
Climate & Sustainability
Deep Tech
SaaS

Investor Signals Profile

active

Sweet Spot

IP-led Indian deep tech founder in climate/EV/manufacturing

climate tech
India energy transition
deep tech / IP-led
advanced manufacturing
robotics
AI
semiconductors
battery tech
energy storage
physical AI
space & defense
supply chains
propulsion tech
hydrogen solutions
aerial mobility
global commercialization
industry adoption

Bullish Signals

Portfolio co Tsuyo: 250K+ powertrains deployedexternal
Tsuyo: 25+ OEM clients incl. Hero, Mahindraexternal
Patent granted to portfolio co — IP-led thesis liveexternal
37K+ LinkedIn followers — strong brand signalexternal
Tsuyo: 29+ patentable innovations pipelinelinkedin
OEMs: Volvo-Eicher & Sonalika addedlinkedin
Tsuyo patent: dual inverter open winding motorlinkedin
Actively recruiting pre-seed & idea-stage founderslinkedin
Rigorous antithesis dialogues pressure-test ideaslinkedin
IIT Madras partnership—campus pipeline integrationlinkedin
3 portfolio cos recognized NASSCOM Emerge 50linkedin
Dreamfly: next-gen battery for aerial mobilitylinkedin
AmpereHour: India's full-stack BESS platformlinkedin
Intello Labs: Physical AI for horticulture resiliencelinkedin
Portfolio reflects world-class deep tech executionlinkedin
Deep tech foundational to India growth & resiliencelinkedin
Anjali: PRana 2026 speaker on India deep tech frontierlinkedin
India building globally competitive deep tech companieslinkedin
Full-spectrum capital architecture: early to growth stagelinkedin
Generational moment: India building what world hasn't seenlinkedin
Dheya Engineering: ₹43Cr Series funding led by Avaanalinkedin
Dheya: indigenous micro gas turbine propulsion platformlinkedin
Dheya: full-stack design, manufacturing, testing, integrationlinkedin
Dheya: fuel-flexible, modular H2 & SAF capablelinkedin
Dheya founders: decades advanced turbomachinery experiencelinkedin
Dheya addresses India's historical supply chain dependencieslinkedin
DPIIT Startup India Grand Challenge: ecosystem leadership rolelinkedin
Focus on tech→commercial pathways & industry adoptionlinkedin
38.7K followers: thought leadership on deep tech scalinglinkedin

Contrarian Signals

Heavy India-only focus — geography concentration riskexternal
Industrial deep tech = long capital cyclesexternal
Emphasis on pressure-testing = selective founder fitlinkedin

Founder Do's

Show proprietary IP & patent portfolio
Target India's industrial/auto sectors
Demonstrate OEM partnerships early
Build scalable indigenous technology
Come with clearly defined problem statement
Pursue NASSCOM/award recognition pathways
Compete on global benchmarks: performance, cost, scale
Address mission-critical India resilience & sovereignty
Plan global relevance from day one
Translate breakthrough innovation to commercial advantage

Founder Don'ts

Avoid non-IP-defensible hardware plays
Don't pitch without India market traction
Avoid vague ideas—pressure-test assumptions first

57 signals on Avaana

29 bullish · 3 contrarian · 10 pitch do's · 3 don'ts · 12 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size$135M
Saves1
People

Key People

Anjali Bansal

Anjali BansalPartner
Sandeep SinghalPartner
Vikas VermaTeam
Shruti SrivastavaTeam
Rahul BhapkarTeam
Dr. Aastha PaliwalTeam
Rishubh MalpaniTeam
Archit BhargavaTeam
Shreya BhattacharjeeTeam
Sparsh KumarTeam
Samridhi SinghTeam
Param BafnaTeam
N°04 / See also

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