Navam Capital is a Kolkata based deeptech venture capital firm backing IP differentiated and science driven innovation across India. The firm targets founders developing advanced technologies with strong defensibility and long term industrial relevance. Navam invests early and supports technical teams building products at the intersection of research, engineering, and frontier industry needs.
Navam Capital closed its first institutional fund at 34.3 million dollars in January 2026. The fund is backed by technology founders, major family offices, and ultra high net worth business leaders who want exposure to India’s emerging deeptech ecosystem.
Fund I targets seed and early stage companies developing hard science innovations with strong IP foundations. The vehicle is built to support companies working in areas such as advanced materials, semiconductor technologies, next generation robotics, aerospace systems, industrial automation, and climate friendly industrial processes.
The fund’s strategy is designed to help India build capabilities in strategic and science intensive sectors, with active involvement from the partners and access to networks spanning industry, research institutions, and corporate adopters.
Leadership
Navam Capital is led by founder and managing director Rajeev Mantri, with investment partner Anjan Ray contributing scientific and industry experience across multiple deeptech segments.
Investment Strategy
The firm seeks companies with differentiated intellectual property, technical depth, and clear commercial pathways in sectors critical to industrial competitiveness.
Navam invests early, helping founders validate technology, refine deeptech commercialization strategies, and navigate regulatory or industry procurement challenges. The firm prioritizes ventures with global potential and strong defensibility through scientific advantage.
Notable Investments
Navam Capital is actively deploying its new fund into companies across aerospace, robotics, semiconductors, climate tech, materials science, and automation. Individual investments have not yet been publicly disclosed.
Notable Exits
Not publicly disclosed.
Other
Founders benefit from Navam’s close ties to industrial groups, scientific communities, and strategic investors in India. The firm is positioned as one of the few dedicated deeptech funds in the region and aims to support startups working on technologies with national and global importance.
India
