Founded in 2018, Avaana Capital has backed startups such as Aerem, Amperehour, Eeki Foods, Kazam, Turno and GreenGrahi, and has previously invested in companies such as Agnikul, Delhivery, Nykaa and Urban Company. The fund’s focus areas include deeptech entrepreneurs building in the fields of energy, mobility and supply chains, advanced manufacturing, AI and robotics.