First close of Rs 200 Cr Fund II to back deep-tech startups in climate, healthcare, energy, and education.

Fund I portfolio impact 3.5M+ student learning hours, 10K+ healthcare interventions, 303 MT CO2 reduction.

Ticket size Rs 2- Rs 15 Cr with focus on scalable impact, sustainability, and clear exit potential.

Lavni Ventures has announced the first close of its Rs 200 crore deep-tech impact fund, which aims to grow India's most promising science-based startups in the areas of climate, healthcare, energy, and education.

Building on the momentum of government efforts such as the National Deep Tech Startup Policy and the Deep Tech Innovation Platform, Lavni Fund II aims to support technology solutions that help solve global challenges while providing sustainable returns.

Portfolio companies from Fund I including Padcare Labs, Monitra Healthcare, and MedPrime Technologies have already made measurable impact, contributing over 3.5 million student learning hours, 10,000+ healthcare interventions in underserved regions, and reducing 303 metric tons of CO2 emissions by FY25.

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"Fund II's healthy first close, supported by repeat commitments from Fund I LPs, validates our confidence that Indian deep-tech founders are capable of creating scalable impact with robust financial returns," added Vasu Guruswamy, Co-founder and General Partner at Lavni Ventures.

The fund will invest Rs 2 -Rs 8 crore at the Seed to Series A level and Rs 8- Rs 15 crore at follow-on levels, examining over 800 deep-tech opportunities a year. Choice centers on durable business models, quantifiable impact, and transparent exit potential.

Established in 2020 by Vasu Guruswamy, Sanjay Kanvinde, and Krishna Shivram, Lavni Ventures is a SEBI-registered Category II Alternative Investment Fund with a focus on early-stage investments in medtech, edtech, cleantech, and agritech.