Aavishkaar Capital

Aavishkaar Capital Aavishkaar Capital is an Impact fund manager focused on the Global South. Aavishkaar means 'Invention' in Hindi.

Aavishkaar India Fund VI | SEBI Registered Category II AIF | Regn No: IN/AIF2/21-22/0877
Aavishkaar Bharat Fund | SEBI Registered Category II AIF | Regn No: IN/AIF2/16-17/0269 Aavishkaar started in the year 2001 with a vision to invest in entrepreneurs building sustainable enterprises that can catalyze development impact for excluded communities and remote geographies across the globe. Aavishkaar'

s initial focus was India and now it is looking to take its learnings to countries in South and South East Asia.

Credit as a Catalyst: Building Resilient Value ChainsCredit is often seen as a gap to be bridged — but what if it’s a ca...
14/05/2026

Credit as a Catalyst: Building Resilient Value Chains

Credit is often seen as a gap to be bridged — but what if it’s a catalyst?

This piece from Monu Jain, Ashish Patel and Abhishek Mittal from Aavishkaar Capital, explores how Aavishkaar Capital’s Global Supply Chain Support Fund is redefining SME financing by strengthening entire value chains, not just individual enterprises. When capital meets imagination, resilience follows.

By tailoring debt to SME realities and leveraging capital as a transformative narrative, the Global Supply Chain Support Fund is rewriting the story, where the real impact lies in the journey from survival to sustainability, and where SMEs, often overlooked, become leaders in redefining supply chains for the future.

The Global Supply Chain Support Fund isn't changing the game. It's changing who gets to play. As we share the Group Impact Report 2025, we continue to celebrate the enduring institutions that make this progress irreversible. Because when institutions endure, transformation lasts.

Read the full report here: https://ow.ly/baYx50YSi5c

Bengaluru-based voice-first AI startup Gnani AI has recently raised USD 10 Million (around Rs 94 crore) from Aavishkaar ...
13/05/2026

Bengaluru-based voice-first AI startup Gnani AI has recently raised USD 10 Million (around Rs 94 crore) from Aavishkaar Capital in its ongoing Series B round Capital to scale global voice AI push and strengthen its sovereign AI capabilities.

For Aavishkaar Capital, the investment reflects a broader conviction around deep-tech and sovereign AI.

“Deep-tech is no longer a niche, it is becoming central to solving the defining challenges of our time,” said Shilpa Maheshwari, Managing Director at Aavishkaar Capital. She added that India’s linguistic diversity played a key role in the investment thesis. "With the multilingual capability that Gnani has, it was a turning point for us, noting that deploying sovereign AI models at scale for underserved populations aligns with what she described as “True Bharat.”

With more than 200 enterprise clients, including global corporations, Gnani AI is positioned as a key player in frontier AI innovation with real‑world adoption at scale.

Read through to understand why we invested in Gnani AI -https://ow.ly/8jgA50YYwWI

Ambient AI Agents Are Closer Than You Think- Watch the latest podcast episode of Samvada, hosted by Shubhanga Prasad in ...
12/05/2026

Ambient AI Agents Are Closer Than You Think- Watch the latest podcast episode of Samvada, hosted by Shubhanga Prasad in which one of the panelist was Ganesh Gopalan, CEO & Co-founder at Gnani AI, an Aavishkaar Capital portfolio company.

Last month, Aavishkaar Capital led a Series B round of USD 10 Mn in Gnani AI a Bengaluru-based voice-first AI startup looking to scale global voice AI push and strengthen its sovereign AI capabilities.

In this episode, three of the sharpest minds in Voice AI- Ganesh Gopalan, CEO & Co-founder at Gnani AI , Mandeep Julka -Vice President at Chiratae Ventures and Ajay Kumar - Ai Product Leader at Salesforce go beyond the hype and get into the real mechanics the technology, the economics, and the business decisions shaping where this industry goes next.

The conversation covers various key areas like Why we converse in voice, How LLMs changed Voice AI ,The uncanny valley problem, Big tech vs startups — who wins, Building a moat in fintech & BFSI Latency vs reasoning, Why prompting-only doesn't work, Inbound vs outbound opportunity Ambient agents explained, Voice AI for Tier 4 India and What's still unsolved

Samvada is a podcast about first principles thinking how capital flows, how products are built, and how real operators make high-stakes decisions.

Watch the podcast – https://ow.ly/auT450YXXgj


In Episode 3 of Samvada, host Shubhanga Prasad sits down with three of the sharpest minds in Voice AI to go beyond the hype and get into the real mechanics t...

Rewriting the Impact Investing Playbook for Low Income Geographies for IndiaWhen Aavishkaar deployed India’s first large...
08/05/2026

Rewriting the Impact Investing Playbook for Low Income Geographies for India

When Aavishkaar deployed India’s first large-scale impact fund into rural and underserved markets, the thesis was bold: India’s biggest challenges could become its biggest opportunities.

It’s the story of how India’s most pressing challenges became investment theses and how capital, when deployed with conviction and patience, doesn’t just flow; it transforms. Each of these
journeys reflects Aavishkaar’s unwavering belief that transformative, inclusive investing can unlock both human and financial potential, even in the toughest environments.

This thought piece from Aavishkaar Capital’s Shashvat Rai and Shilpa Maheshwari, highlights how first‑generation entrepreneurs built thriving enterprises in places where capital had never
dared to go — proving that impact and returns can grow together.

As we share the Group Impact Report 2025, we continue to celebrate the enduring institutions that make this progress irreversible. Because when institutions endure, transformation lasts.

Read the full report here: https://ow.ly/baYx50YSi5c

Impact investing didn’t just emerge — it was architected.Aavishkaar was born out of a naïve yet radical conviction that ...
07/05/2026

Impact investing didn’t just emerge — it was architected.

Aavishkaar was born out of a naïve yet radical conviction that risk capital could help solve India’s complex social problems by backing bold, mission-driven entrepreneurs.

At the Rockefeller Foundation’s Bellagio Center, Aavishkaar helped give the movement its name and philosophy, contributing to the creation of Global Impact Investing Network (GIIN) and later the Impact Investors Council (IIC), thereby architecting the impact ecosystem movement.

This piece from Aavishkaar Capital’s Anurag Agrawal and Sowmya Suryanarayanan, celebrates how pioneering conviction laid the groundwork for global standards, accountability, and a new paradigm for investing with purpose.

As we share the Group Impact Report 2025, we continue to shape the ecosystem with advocacy, research, industry engagement, and global positioning.​ And continue to celebrate the enduring institutions that make this progress irreversible. Because when institutions endure,
transformation lasts.

Read the full report here: https://ow.ly/baYx50YSi5c

At Aavishkaar Capital, part of the the Aavishkaar Group, we are delighted to share the launch of the India Impact Invest...
06/05/2026

At Aavishkaar Capital, part of the the Aavishkaar Group, we are delighted to share the launch of the India Impact Investors Handbook, developed by the Impact Investors Council as part of their ongoing efforts to strengthen cross-border investment collaboration. We are one of the member contributors and we are confident this handbook will serve as a valuable resource for creating meaningful partnerships.

By bringing together market context and fund
level insights, this handbook aims to support
deeper engagement between Japan and India’s
impact ecosystem, and to contribute to the next
phase of this growing partnership

Unveiled at the Indian Embassy, Tokyo, in IIC’s India Room, the handbook is a comprehensive guide for international LPs and GPs to better understand and engage with India’s rapidly evolving impact investing ecosystem. It brings together insights on market evolution, sectoral opportunities, and a curated set of fund and investor profiles shaping the landscape today.

The handbook provides a comprehensive view of India’s impact investment ecosystem through 35+ IIC Member Funds, highlights the Investment ecosystem in impact sectors: Agriculture, Climate-Tech, Education, Financial Inclusion, Healthcare, and Technology for Development and enable stronger connections between global capital and Indian investment opportunities.

Access the handbook here: https://ow.ly/zieJ50YVnan

Anurag Agrawal, Partner, Aavishkaar Capital featured in Insider Insights in DealStreetAsia’s Q1 2026 Startup Fundraising...
05/05/2026

Anurag Agrawal, Partner, Aavishkaar Capital featured in Insider Insights in DealStreetAsia’s Q1 2026 Startup Fundraising Report: The India Deal Review: Q1 2026 by Deal Street Asia

Fundraising by Indian startups rebounded sharply to touch $4.76 billion in Q1 2026 from $3.65 billion in Q4 2025, powered by some high-value deals. Four megadeals in the quarter collectively mopped up $1.8 billion in funding, compared with $1.34 billion from seven such deals in the previous quarter. Software emerged as the top industry, while AI and machine learning pipped e-commerce to become the most funded vertical in Q1 2026.

Download the report for exclusive data and insights on: Quarterly fundraising trends, Top industries and verticals, Top funding destinations and Megadeal value and volume
Most active investors

Access the Deal Street Asia Report - https://ow.ly/YP4a50YURk7

Vineet Rai, Founder and Vice Chairman, Aavishkaar Group will be delivering the Keynote at the ‘Founder-Funder Dialogues:...
05/05/2026

Vineet Rai, Founder and Vice Chairman, Aavishkaar Group will be delivering the Keynote at the ‘Founder-Funder Dialogues: Co-creating supportive startup ecosystems for Entrepreneurial Wellbeing’ , a part of the Resilient Founders programme, delivered by LSE Generate, ATLAS SkillTech University and MindHug (funded by the British Council and LSE).

He will also be joining a panel on the theme 'Co-creating supportive startup ecosystems for Entrepreneurial Wellbeing' with stellar industry leaders Ms. Srishti Srivastava - Founder & CEO, Infiheal (Panelist - Founder) Mr. Chitraj Singh - Founder & CEO, MindHug (Panelist - Founder), Ms. Atrayee Chakraborty - Sr. Vice President Strategy, Omnicom Advertising Group; Founder, Coach Atrayee (Panelist - Business Leader & Founder), Mr. Manish Chhajed - Founder and Managing Partner, Sweat Equity Partners India (Panelist - Funder) and Ms. Sangeeta Bhattacharya - Associate Director, Dasra (Panelist – Funder). The Panel is being moderated by Dr. Paroma Bhattacharya - Head of Social Innovation, LSE Generate (Moderator)

Date - 6th May 2026 (Wednesday)
Time - 4:00 pm - 6:30 pm
Location - ATLAS SkillTech University, Room 704
Event Link - https://luma.com/ytyhheuh

Join us for an interactive evening focused on co-creating a supportive startup ecosystem for Entrepreneurial Wellbeing in India. This event is a part of the…

The Next 25 Years: Building Institutions for the FutureWhat carried Aavishkaar from a single rural thesis to global impa...
01/05/2026

The Next 25 Years: Building Institutions for the Future

What carried Aavishkaar from a single rural thesis to global impact? An “unreasonable” belief: that capital can serve those farthest from it.

Over twenty-five years, that naïve, yet unreasonable conviction carried the Aavishkaar Group from a single investment thesis in rural India to a global ecosystem today, impacting 140 million+ people, of whom 54% are women, and supporting 600,000+ jobs and livelihoods across Asia and Africa.

In his note for the Group Impact Report 2025, our Founder and Vice Chairman, Vineet Rai reminds us that as we step into the next horizon, we will continue to be unreasonable in the service of possibility and impact. We will continue to challenge the boundaries of what markets consider investible, what technology considers profitable, and what the world considers possible for the Global South.

Our journey continues, and so does our responsibility to build a world free from hunger, poverty and inequity.

As we share the Group Impact Report 2025, we celebrate the enduring institutions that make progress irreversible. Because when institutions endure, transformation lasts.

Read the full report here: https://ow.ly/baYx50YSi5c

On International Labour Day 2026,we at Aavishkaar Capital, recognize and celebrate the contributions of workers in our p...
01/05/2026

On International Labour Day 2026,we at Aavishkaar Capital, recognize and celebrate the contributions of workers in our portfolio companies, and reaffirm our commitment towards shaping an inclusive future of work where everyone feels valued, respected, and supported!

Vineet Rai, Founder and Vice Chairman, Aavishkaar Group is a Speaker / Panelist at ICICI Bank's CyberTech: Emerging Tren...
30/04/2026

Vineet Rai, Founder and Vice Chairman, Aavishkaar Group is a Speaker / Panelist at ICICI Bank's CyberTech: Emerging Trends

Date: 30th April 2026
Time: 4:00 pm to 8:00 pm
📍 Venue: 9th Floor, Auditorium, ICICI Bank, BKC

The event will feature a Keynote address by distinguished Leader Brijesh Singh, Principal Secretary to the Chief Minister of Maharashtra, followed by an insightful panel discussions with renowned leaders such as Vineet Rai, Madhavi Purandare (ICICI Bank), Nandkumar Saravade (Founding CEO of ReBIT), Pravin Kumar (NPCI), Vyom Upadhyay (ICICI Bank), Ishika Jain (Tribastion), Rajesh Thapar (NSE), Sudhir Rao (Celesta Capital) and, P R Srinivasan (Xponentia Capital), and Ankush Tiwari (pi-labs ai)

The event will also feature high-energy elevator pitches and product showcases by cutting-edge startups including Progist, FortyTwo Labs, Zeron, Matters.ai and Appsentinels, demonstrating real-world applications

Read More - https://luma.com/nru4nrpx

🚀 Hello Innovators! 🚀 Join us for an exciting evening of insights and innovation at CyberTech: Emerging Trends, hosted by ICICI Bank. Event Details: 🗓️…

Address

Aavishkaar Capital, 2nd Floor, Naman Center, C-31, G Block, Bandra Kurla Complex, Bandra East
Mumbai
400051

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm

Telephone

+912261248900

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