What AUM Ventures does

AUM Ventures is an early-stage venture capital firm founded in 2022 that invests in pre-seed and seed-stage Indian deeptech startups with global ambition. The firm is led by Founding Partner Chetan Mehta and General Partner Nisha Shah, supported by a six-person investment team and a bench of strategic advisors with operating experience at TSMC, Skyroot Aerospace/ISRO, Tata Advanced Systems, HCL Technologies, CNA Insurance, and Khosla Ventures. It pursues a focused thesis across space technology, semiconductors, AI/edge compute, defence technology, robotics, energy, bioscience, and fintech, with initial cheques of $750,000 to $2 million and a stated emphasis on IP-led companies requiring longer gestation periods.

The firm operates two funds. India Innovation Fund I (AUM VC Fund LP, ADGM-registered June 2022) has deployed approximately $30 million across 24 portfolio companies since inception. India Innovation Fund II (AUM Ventures Investment Trust – Scheme II, SEBI-registered Category II AIF, February 2026) targets Rs 750 crore (~$80 million) and expects its first close in July 2026, supporting 25–30 portfolio companies. Revenue derives from management fees on committed/deployed capital and prospective carried interest on exits; the firm has already realised at least one exit (Sharang Shakti acquired by LAT Aerospace in February 2026) and produced one unicorn (Skyroot Aerospace in 2026).

The platform's only externally facing product is a web-based pitch submission form (aumvc.com/form) that accepts decks across ten sector categories. Deal sourcing is conducted through direct founder engagement, industry networks, and strategic advisor introductions rather than through a scaled intermediary or LP-led channel. The firm's core value proposition to founders is patient capital, technical diligence, and access to global markets via a network spanning India, Israel, the GCC, and the United States.

Name

AUM Ventures

Legal name

AUM Ventures

Website

https://aumvc.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

AUM Ventures is an India-focused early-stage venture capital firm (founded 2022) investing pre-seed and seed capital of $750K–$2M in IP-led deeptech startups across space tech, semiconductors, AI, and defence technology.

Ownership category

akta.pro rank

Product category

Venture Capital / Private Equity

NAICS

Other Investment Pools and Funds (5259), Other Financial Vehicles (52599)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

Keywords

• Early-stage venture capital
• Deeptech startup investing
• Alternative investment fund
• Pre-seed seed funding
• Portfolio investment management

Headquarters

HQ city

Abu Dhabi

HQ country

United Arab Emirates

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Fund Management Fees: AUM Ventures generates revenue through management fees charged on funds under administration. Fund II (India Innovation Fund II) is a SEBI-registered Category II Alternative Investment Fund offered on a private placement basis.
2. Carried Interest: VC firm generates returns through carried interest (performance fees) from successful portfolio company exits including IPOs, acquisitions, and secondary sales.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

AUM Ventures is an early-stage venture capital firm that invests in Indian deeptech and IP-led startups through two funds. India Innovation Fund I (AUM VC Fund LP) is a Category 3C AIF registered with ADGM that has deployed approximately $30 million across 24 companies since 2022. India Innovation Fund II is a SEBI-registered Category II AIF targeting Rs 750 crore (~$80 million) for pre-seed and seed-stage investments of $750,000 to $2 million in sectors including space technology, semiconductors, AI, and defence technology.

Product overview

AUM Ventures operates as an early-stage venture capital firm offering two investment funds: India Innovation Fund I (registered as AUM VC FUND LP, Category 3C, registered June 2022) and India Innovation Fund II (SEBI-registered Category II AIF, registered February 2026, targeting Rs 750 crore/~$80 million). The firm's primary client-facing product is its Pitch Submission Platform—a web form enabling founders to submit pitch decks and company information for funding consideration. The platform supports multiple technology sectors and serves as the intake mechanism for their investment thesis focused on pre-seed and seed-stage deeptech and IP-led companies with global competitiveness potential.

Differentiator

Problem solved

Functional benefit

Products and services

• India Innovation Fund I (AUM VC Fund LP) A Category 3C Alternative Investment Fund registered with ADGM (Abu Dhabi Global Market) that has deployed approximately $30 million across 24 early-stage deeptech companies in India since 2022. Managed by Assets Under Management Ventures Ltd.
• India Innovation Fund II (AUM Ventures Investment Trust - Scheme II)

Quantifiable outcome

• Skyroot became India's first space tech unicorn in 2026
• +4 more outcomes

Named customers9 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Starlab SpacecoreStrategic or Co-development Partner · 1 May 2026Helogen announced partnership with Starlab Space to advance life sciences research in microgravity. Helogen is developing automated plug-and-play satellite labs for bio manufacturing in orbit.
• SpeechmaticscoreStrategic or Co-development Partner · 1 May 2026Sully AI partnered with Speechmatics to scale healthcare AI infrastructure globally. Sully AI builds AI medical assistants for modern healthcare organisations.
• Inferigence Quotient Pvt (InferQ)coreStrategic or Co-development Partner · 1 March 2026Latent AI partnership with InferQ to deliver real-time edge AI solutions for Indian defence forces. Investment from AUM Ventures aims to strengthen Latent AI's expanding presence in India and complement its U.S. operations. Collaboration advancing India's role in next-generation defence and industrial AI.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Kalaari Capital: One of India's longest-standing early-stage venture capital firms with a broad portfolio across consumer, enterprise, and emerging deeptech. Larger and more diversified than AUM, but overlapping in India seed-stage investing.
• Blume Ventures: India-focused early-stage VC with broad sector coverage including deeptech, fintech, and SaaS. Comparable stage and geography to AUM but at a meaningfully larger fund size.
• Peak XV Partners: India- and Southeast Asia-focused venture capital firm (formerly Sequoia India). Far larger AUM and broader stage coverage but increasingly competing in deeptech themes where AUM operates.
• Accel India: Established early- and growth-stage VC in India with broad sector exposure including deeptech and AI. Relevant as a frequent co-investor in AUM's portfolio (e.g., Newme Series A lead).

Direct peers

• Bharat Innovation Fund: Early-stage deeptech-focused venture fund in India backing IP-led startups in healthcare, agriculture, and frontier tech. Closely comparable to AUM in stage, geography, and deeptech focus.
• Inflexor Ventures: India-focused deeptech and enterprise-tech venture capital firm investing at seed and Series A. Comparable stage and sector overlap with AUM's space, semiconductor, and AI themes.
• Pi Ventures: India-based early-stage VC fund focused on AI, deeptech, and frontier-tech startups. Comparable to AUM in stage (seed/Series A), geography (India), and thematic focus on applied AI and deep tech IP.
• Speciale Invest: India-focused early-stage venture capital firm specializing in deeptech and enterprise-tech startups. Both firms share the same thesis of backing IP-led founders at pre-seed/seed in sectors like space, semiconductors, and AI, making Speciale the closest direct comparable.
• Ankur Capital: India-focused early-stage fund investing in deeptech, agritech, and health-tech startups. Shares AUM's IP-led, science-driven investment philosophy and pre-seed/seed stage focus.

Emerging players

• 100X.VC: India-focused pre-seed and seed VC investing in early-stage tech startups through a cohort/Class model. Smaller and earlier-stage than AUM but competes for similar founder mindshare in the India seed market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aum-ventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments18 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AUM Ventures