Archive · 27 Jan 2026
Navam Capital Closes Maiden Fund at INR 315 Cr
Navam Capital, a company that helps startups with money, has finished raising funds for its first investment fund.
They aimed to collect INR 250 Cr but ended up with INR 315 Cr because many people wanted to invest.
This money will be used to support Indian startups that work on advanced technologies like robots, drones, and space tech.
The fund has already invested in several companies like Aereo and Agnikul Cosmos.
The founder of Navam Capital, Rajeev Mantri, said they want to help startups that create new technologies in India for the world.
Many other investors are also interested in deeptech startups, with several new funds being launched recently.
Navam Capital closed its maiden fund, Navam Venture Fund I, at INR 315 Cr, exceeding its target corpus of INR 250 Cr.
The fund attracted investments from business operators, family offices, tech founders, industrial groups, and conglomerates.
Navam Capital has already backed deeptech startups in sectors like advanced computing, semiconductors, robotics, and spacetech.
The fund's portfolio includes companies like Aereo, Agnikul Cosmos, EnNatura, GalaxEye, TechEagle, and Vayudh.
Navam Capital was founded by Rajeev Mantri, who aims to support startups developing IP-rich, proprietary platforms and products invented in India and built for the world.
- Who
- Navam Capital
- What
- Closed maiden alternative investment fund (AIF) at INR 315 Cr
- When
- Final close; first close in March 2024
- Where
- Kolkata, India
- Why
- To back Indian deeptech startups building for global markets
- Fund Name
- Navam Venture Fund I
- Fund Size
- INR 315 Cr
- Target Corpus
- INR 250 Cr
- First Close
- INR 50 Cr in March 2024
- Investor Types
- Business operators, family offices, tech founders, industrial groups, conglomerates
- Focus Areas
- Deeptech startups for global markets
- Portfolio Companies
- Aereo, Agnikul Cosmos, EnNatura, GalaxEye, TechEagle, Vayudh
- Founder
- Rajeev Mantri