
Navam Capital
Continental Chambers, 4th Floor, 15A Hemanta Basu Sarani, Kolkata, West Bengal, 700001, India
Overview
Navam Capital is an India-based venture capital firm focused on making seed and early-stage investments in Energy, Technology and Health Care.
- Total investments
- 12
- Lead investments
- 3
- Investments · 12mo
- 4
- Active investors
- 3
Sector focus
- Energy
- Health Care
Investment portfolio
- e-TRNL Energy
Participated · Seed · Feb 2026
Founded in 2021 by Apoorv Shaligram and Uttam Kumar Sen, Bengaluru-based e-TRNL Energy is building advanced lithium-ion and emerging chemistry battery cells through a chemistry-agnostic, physics-based design approach. The company’s first commercial product will use LFP chemistry, with roadmap extensions into LMFP and sodium-ion technologies. e-TRNL operates a 20,000 sq. ft. R&D and early manufacturing facility and has secured two patents with additional filings in process. The startup’s technology targets improved safety, rapid charging, extended cycle life, and higher energy density while remaining compatible with scalable manufacturing. Capital from the current round will fund completion of product development, performance and safety validation, and demonstration of domestic manufacturing capability. e-TRNL plans to commission a 250 MWh pilot manufacturing plant by 2027 and eventually expand capacity to 2 GWh. Financial performance metrics have not yet been disclosed as the company is still in the product-development stage.
- Octobotics
Led · Seed · Feb 2026
Founded in 2020 by Ishan Bhatnagar and Gulshan Kumar, Octobotics builds AI-enabled NDT robotic platforms such as rail inspection systems, automated weld inspection units, and specialised tools for elevated or confined zones. These systems automate manual inspection tasks and translate the resulting data into actionable insights for operators in asset-intensive sectors including oil and gas, chemicals, power, marine, and railways. The company’s technology is already used by the Indian Navy, Indian Oil Corporation, BPCL, HPCL, Aarti Industries, GSFC, and Saudi S-Chem. Octobotics reported Rs 2 crore in revenue in the last fiscal year. With fresh capital, it plans to accelerate product development, enhance field validation, pursue key certifications, and expand operations across India, Singapore, and the Middle East. The startup ultimately aims to support broader international deployment of its AI-driven inspection solutions.
- Unbox Robotics
Participated · Series B · Jan 2026
Pune-based Unbox Robotics designs and deploys modular 3D robotic sorters coordinated by proprietary swarm-intelligence software, enabling faster and more scalable order fulfilment for e-commerce, retail and third-party logistics customers. Its systems allow large fleets of robots to collaborate dynamically, delivering high throughput with minimal fixed infrastructure. The company serves clients across India, Europe and the United States and reports more than 5× year-on-year growth while already operating profitably. With fresh capital, management plans to bolster leadership and engineering talent, speed up new product development and deepen its market footprint both domestically and in select global regions. Unbox Robotics also facilitated meaningful liquidity for employees through its ESOP programme during the latest transaction.
- Morphing Machines
Participated · Series A · Oct 2025
Public coverage of Morphing Machines in the cited article is limited to its Series A financing. The report confirms the company completed a Series A that raised ₹42 Cr at an ₹80 Cr valuation. The article does not describe the company’s products, services, or market. No financial metrics, users, or revenue figures were provided. Additional operational or strategic details were not included in the published piece.
- Frinks AI
Participated · Series A · May 2025
Frinks AI develops next‑generation foundational vision models and a no‑code platform to automate visual inspection and quality control on production lines. Its models are designed for reliability and generalization, enabling fine‑tuning with small image sets and claiming 99.99% accuracy to customers. The platform is deployed across automotive, consumer goods, building materials, medical devices, cement, and steel, running on over 1,000 production lines globally. The company was founded by IIT Hyderabad alumni Aditya Agrawal, Dharmgya Sharma, and Subhra S. Bhattacherjee and is based in Bangalore, India. With recent funding, Frinks AI plans to scale across global markets, invest aggressively in R&D, expand its presence in the US, and pursue partnerships with automation companies and OEMs. Strategic backers and advisors include industry leaders such as S Ramadorai, V Sumantran, Tarun Ramadorai, and Gopichand Katragadda.