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The Venture Codex

Department of Science and Technology

Technology Bhavan, New Mehrauli Road, New Delhi, Delhi, 110016, India

Overview

Promotes and coordinates science and technology activities.

Founded

1971

Deals ยท 12mo

2

Links

WebsiteLinkedInX (Twitter)

Stage focus

Grant
Seed
Series A

Geographic focus

India
Philippines

Sector focus

Association
Government
Information Technology
Life Science

Investment portfolio

3rounds
NAMEDATESIZE
QNu Labs
Sep 2026Led
$21 MSeries A
Reneonix
Feb 2026Participated
$0.19 MSeed
Packworks
Jul 2024Led
$0.06 MGrant
QNu Labs
Sep 2026Led
$21 MSeries A
Reneonix
Feb 2026Participated
$0.19 MSeed
Packworks
Jul 2024Led
$0.06 MGrant
3
Items
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Insights

Time horizon

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Deal Distribution

Department of Science and Technology: 3 funding rounds are recorded in the selected participation categories.All available history.
Department of Science and Technology: 3 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A10
Grant10

Monthly Deal Activity

Department of Science and Technology: 3 deals are recorded across 28 months.All available history.
Department of Science and Technology: 3 deals are recorded across 28 months. All available history
MonthDeals
Jul '241
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '261
Oct '260

Sector Breakdown

Department of Science and Technology: Hardware & Robotics is the largest displayed sector by deal count (1 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Department of Science and Technology: Hardware & Robotics is the largest displayed sector by deal count (1 deals). All available history
SectorDeals
Hardware & Robotics1
Fintech1
Cybersecurity & Privacy1
E-Commerce & Retail1
Clean Energy & Sustainability1
Space & Frontier Tech1

Deal Size Distribution

Department of Science and Technology: 3 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Department of Science and Technology: 3 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M0
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Department of Science and Technology: India has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Department of Science and Technology: India has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
India2
Philippines1
Department of Science and Technology: 8 co-investors are shown, with Artha Ventures sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Department of Science and Technology: 8 co-investors are shown, with Artha Ventures sharing 1 recorded deals. All available history
Co-investorShared deals
Artha Ventures1
Gaja Capital1
Inflection Point Ventures1
ITEL Foundation1
NSRCEL-IIM Bangalore1
Sony1
Speciale Invest1
SustainTN1

Investment Strategy

Department of Science and Technology: Led accounts for 67% and participating for 33% of round participation.All available history.
Department of Science and Technology: Led accounts for 67% and participating for 33% of round participation. All available history
CategoryDeals (count)Share (%)
Led267%
Participating133%
Department of Science and Technology: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
Department of Science and Technology: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead150%
Co-led150%

Team

Sayanton Mondal

Junior Research Fellow

Shri P. S. Acharya

Head & CEO