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The Venture Codex

Aureolis Ventures

1604 Lodha Supremus Dr. E Moses Road, Worli, Mumbai, Maharashtra, 400018, India

Overview

Aureolis is founded by Paula Mariwala, who brings in more than two decades of business and investing experience across Silicon Valley and India. Her love for mentoring early-stage entrepreneurs has helped build some innovative companies of today.

Total investments
5
Lead investments
0
Investments · 12mo
1
Active investors
0
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Investment portfolio

  • Milo Drive

    Participated · Seed · Jul 2026

    Milo Drive builds an asset-light, technology-led EV mobility platform that aggregates demand across ride-hailing, corporate travel, airport transfers, rentals and other mobility channels. The platform uses data intelligence and machine-learning-led ride assignment to improve vehicle utilisation, driver earnings and service reliability. Founded by Monil Jayeshkumar Khatri and Vishal Jewrajka, the company has powered more than one million rides to date. Milo Drive positions itself as the supply layer to make it economically viable for individual drivers and small operators to own and run electric vehicles. Coverage highlights a broader market opportunity as EV penetration in Indian cab fleets is under 5 percent and industry projections forecast rapid growth through 2030. The company is pursuing expansion of its technology-enabled EV supply in India's ride-hailing ecosystem.

  • NoPo Nanotechnologies

    Participated · Series A · May 2024

    NoPo Nanotechnologies produces premium single-walled carbon nanotubes (SWCNTs) and claims a unique, patented process. The company says it is the only firm in India and among a few worldwide to have developed this technology. Founders Gadhadar Reddy and Kelley Bradley have been developing the technology for the past ten years, and the business has five years of continuous production. The startup is expanding its electronics and semiconductor offerings and increasing production capacity to serve global battery manufacturers. Proceeds from the latest financing will fund a global go-to-market strategy, improved engineering capabilities, and higher production volumes. The company highlights SWCNT applications including higher-energy-density EV batteries and potential use in next-generation semiconductors for quantum computing.

  • Fasal

    Participated · Series A · Dec 2023

    Fasal develops a patented IoT-SaaS platform that delivers farm-level, crop-specific and crop-stage specific actionable intelligence for progressive horticulture farmers. Its platform provides real-time crop growing intelligence to Indian farmers to enable data-driven decisions. Co-founded by Shailendra Tiwari (CEO) and Ananda Verma (CTO), the company has more than 160 employees, a presence across 12 districts in India and Southeast Asia, and has deployed over 6,000 IoT devices. The company intends to use new funds to expand operations domestically and internationally. Fasal also plans to diversify into new business streams including secondary processing of farm produce and Software as a Service (SaaS) intelligence. Fasal received an investment from Beyond Capital Ventures; the amount of the deal was not disclosed. Fasal is a precision horticulture company that combines AI, crop sciences and proprietary IoT-crop intelligence to deliver farm-level, crop-specific and crop-stage-specific insights. Its platform enables resource optimization (water, pesticides) and higher farm productivity while procuring high-quality, traceable produce for an end-to-end optimized value chain. Since commercializing its technology, Fasal has worked with horticulture farmers across more than 75,000+ acres on crops including grapes, pomegranates, bananas, apples, chili and cardamom. The company describes its IoT-crop intelligence as patented and operates a B2B brand, Fasal Fresh. It plans to use new funding to accelerate R&D, innovate its proprietary farm IoT-crop intelligence, and develop advanced cross-industry data products to foster a carbon-negative agriculture value chain. Fasal intends to expand the business in India, Southeast Asia and Africa. Fasal is a full-stack, artificial intelligence-powered IoT SaaS platform for progressive horticulture that uses on-farm sensors and scientific algorithms to deliver farm- and crop-specific actionable insights in vernacular languages. The company provides on-farm sensing and analytics to generate agronomy recommendations and monitoring for growers. Fasal is developing additional services including fruit and vegetable market linkages and parametric crop insurance. The platform reports saving more than 9 billion liters of irrigation water, reducing pesticide expenditure by about 60%, and increasing yields across more than 40,000 acres to date. Fasal plans to use its new funding to expand across India and Southeast Asia and to strengthen its full-stack services. The company also intends to ramp up hiring across sales and marketing, agronomy, and technology teams. Fasal, launched in 2018 by Ananda Prakash Verma and Shailendra Tiwari and operated by Wolkus Technology Solutions Pvt. Ltd, is an AI-powered IoT‑SaaS platform for horticulture. It captures real-time data from a field sensor array that measures micro-climate, soil, and crop conditions and claims the array can be installed by farmers in less than 15 minutes. The platform translates that data into farm-specific, actionable advisories delivered via mobile in vernacular languages. Fasal says farmers have seen major increases in profitability and significant water savings after using its service, and the company aims to become a full‑stack platform for horticulture farmers. It is presently operating in Maharashtra, Karnataka, Chhattisgarh, Madhya Pradesh, Tamil Nadu, and Andhra Pradesh and plans pan‑India expansion and entry into Southeast Asian markets. The recent funding will be used to build AI capabilities for each horticulture value chain and to launch a lower‑cost installable version of its field sensor array.

  • Zyla Health

    Participated · Series A · Dec 2023

    Zyla Health is a Gurugram-based healthcare management platform that helps patients manage chronic conditions and maintains close communication between patients and doctors. The company serves three verticals—insurance, corporates and big pharma—and counts clients including Max Life Insurance, HDFC Ergo, Pfizer, Zydus, IBM, DHL and Godrej. Zyla reported 300% year-on-year growth and 100% retention of its key B2B accounts in the last year. The startup will use the new funding to drive growth across its insurance, corporate and pharma verticals and to integrate its product across the healthcare ecosystem for scale. The platform enables doctors and their teams to monitor patients, make informed decisions and timely interventions to deliver improvements in personal health outcomes. Earlier it raised $1 million in a pre-Series A from Canbank Venture Capital Fund with participation from Seeders, Secocha Ventures and some angel investors. Zyla Health, based in New Delhi, is a personalised care management platform that provides health risk assessment and personalised care journeys across medical, physical and mental health needs. Its offerings span chronic disease management to wellness programs. The company said it will use the fresh funds to accelerate growth, strengthen leadership, and integrate Zyla’s care product across the ecosystem. Zyla raised $1 million in a pre-series A round and has previously raised capital from Kae Capital and Secocha Ventures. Leadership highlighted the need for precision, real-time and convenient healthcare management leveraging digital technologies as rationale for the company’s growth plans.

  • Impossible Metals

    Participated · Seed · Jun 2022

    Impossible Mining builds responsible seabed mining and refining technology with a focus on deep‑sea robotics and Bio‑Extraction. Based in San Jose and a graduate of Y Combinator's W22 batch, the company is developing a four‑mile‑deep robotic collection system to selectively recover battery metals from the seafloor. It is also developing Bio‑Extraction refining technology intended to process recovered materials in an environmentally responsible way. The team says its approach aims to preserve the seafloor environment compared with dredge‑based methods. Impossible Mining closed an additional $10.1 million in seed funding to fund development and testing of its deep‑sea robotics and to continue advancing its extraction technology. Leadership has emphasized the strategic importance of securing independent access to critical battery metals amid rising lithium‑ion battery demand.

Team

No current team members are available.