Navya Nanda launches Naveli Ventures for deep-tech bets
Navya Naveli Nanda has formally launched her investment platform. She announced Naveli Ventures in a LinkedIn post on October 6.
It is the venture arm of the Nanda Family Office. She is its managing partner. The family group includes Escorts Kubota, the farm equipment company.
The platform will back startups in deep tech, space, clean energy, artificial intelligence, advanced manufacturing and health. It will not be limited by sector.
Nanda said the focus is on the scale of the problem and the conviction of the people solving it. The platform will invest directly, through funds, as co-investments, and in academic and patent partnerships.
The LLP was registered in March 2023. Her brother Agastya Nanda is the other partner. The October 6 announcement is the formal unveiling of its strategy.
Nanda has said the platform is not chasing quick returns. The goal is to build companies with a lasting impact on India.
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