Avinya Ventures
Express Highway, near Shankar Wadi, Jageshwari East, Mumbai, Maharashtra, 413414, India
Overview
Avinya Ventures seeks out startups with potential for scalability, market acceptance of their product, and unique product differentiation.
- Total investments
- 5
- Lead investments
- 2
- Investments · 12mo
- 4
- Active investors
- 3
Sector focus
- Venture Capital
Investment portfolio
- Adiabatic Technologies
Led · Seed · Aug 2026
Founded in 2022 by Darshan Meher and based in Pune, Adiabatic Technologies designs in-house lithium-ion battery systems including cell selection, pack architecture, thermal management and a proprietary Battery Management System. Its product suite includes custom battery packs and smart chargers built for high discharge performance, fast charging, intelligent management and thermal safety. The company says it has deployed more than 20,000 battery systems across over 25 OEMs serving robotics, defence, drones, agriculture equipment, electric vehicles and solar energy. Adiabatic plans to focus on specialised battery platforms for robotics, autonomous mobile robots, industrial automation and unmanned aerial systems. The recent seed funding will be used to expand manufacturing capacity to 100 MWh annually, accelerate product development and grow its engineering team to scale deployments. Reported competitors include EMO Energy, Clean Energy, Neuron Energy and Inverted Energy.
- Ctruh
Led · Seed · May 2026
Founded in 2022 by Vinay Agastya and based in Bengaluru, Ctruh develops browser-native 3D and extended reality infrastructure and platforms. Its VersaAI engine converts images, text, and video into 3D assets, while Commverse Studio provides a no-code platform for brands to create and deploy 3D/XR experiences and integrates content creation, deployment, commerce, and analytics. The company offers browser-native experiences that run across devices without downloads or specialized hardware. Ctruh serves clients in retail, e-commerce, real estate, automotive, education, and healthcare. It competes with players such as mirrAR, Eccentric, Metadome.ai, and Trezithe. The company plans to expand into the US and UAE in 2026 and is funding that growth in part with the newly raised seed capital.
- Pandorum Technologies
Participated · Series B · Feb 2026
Pandorum Technologies, operating in India and the United States, has built a proprietary platform that integrates biology, engineering and computation to create tunable exosome therapies capable of reprogramming pathological tissue states such as inflammation and fibrosis. Its lead product, Kuragenx, targets ocular surface diseases—including Stevens–Johnson Syndrome and Neurotrophic Keratitis—and has received U.S. FDA Orphan Drug Designation. The company’s broader vision is to scale from single-tissue repair to multi-tissue regeneration, ultimately enabling patients to "heal fast and age slow." To support commercialization, Pandorum has established a distributed manufacturing strategy, working with AGC Biologics in Italy for U.S. and European markets and Nucelion Therapeutics (a Bharat Biotech subsidiary) for Asia-Pacific supply, while evaluating partnerships in the Middle East. Future plans include expanding the platform to treat inflammatory and degenerative conditions affecting the lung, liver and nervous systems. The newly secured US$18 million Series B financing positions the company to advance clinical programs, scale production and enlarge its global footprint.
- Magma
Participated · Series A · Dec 2025
Founded in 2022 in Ahmedabad by Neal Thakker, Magma provides an integrated “Industrial Operations Stack” that helps factories and contract manufacturers streamline production, increase throughput, and create transparency in India’s fragmented industrial ecosystem. Its platform combines precision manufacturing networks with advanced industrial materials marketed under the TerraMag brand. The company already serves more than 250 industrial customers—including Reliance, Adani and Arvind Group—across chemicals, packaging, polymers, paper, plastics, and ceramics, and operates in 12 Indian states. Magma follows a profitability-first approach while embedding deep proximity to industrial clusters. With fresh capital, it plans to scale operations in Gujarat, Maharashtra, Karnataka, Rajasthan, and Telangana, reinforce its precision manufacturing network, and launch new factory-focused solutions. The firm will also expand Magma Green, a green manufacturing and materials initiative that delivers waste-management and recycled-materials solutions across paper, plastic, agro, and sawdust value chains. To date, Magma has raised $11.3 million, giving it resources to continue accelerating growth among India’s mid-market manufacturers.
- Neuralzome Cybernetic
Participated · Equity · Aug 2025
Neuralzome Cybernetic builds teachable, no-code AI agents and a core platform called NeuralPilot to enable real-world robot autonomy and quick deployment without in-house robotics expertise. Its NeuralPilot integrates with a RedPill simulation environment that creates photorealistic digital twins to train robots in complex scenarios, reducing on-field training time and costs. The startup targets a Robot-as-a-Service (RaaS) model for high-value, labor-intensive sectors such as orchard management and commercial landscaping. It is developing multi-agent autonomy and vision-based navigation capabilities to break barriers to robot adoption in real-world applications. The company plans to ramp up manufacturing and expand operations in North America and Europe. Neuralzome was founded in 2023 and aims to democratize the use of robots in everyday life.