We primarily partner with companies at the Series A and Series B stage. However, if you would like to speak with us at an earlier stage in your journey, we are open to that so feel free to reach out.

At Asha Ventures we are driven by our vision to help create a more inclusive and sustainable world. So if you believe you are solving a problem that helps power such a future, please reach out.

We invest in the USD 2-10 mn range.

We are passionate about working with founders who use technology to challenge the status quo when it comes to sticky problems for India’s emerging middle class. If this resonates with your own vision, we promise to ride the thick and thin with you as partners, offering our time, institutional intellect and networks every step of the way.

The ability to generate measurable impact is a key part of our investment evaluation. We use global industry best practices for this, including the IMP Project framework and GIIN Iris metrics. We help you understand these and work with you to create internal KPIs for measuring parameters that capture both depth and width of impact created. We also couple this with primary interactions with key stakeholders of the business to understand additionality from their perspective.

Yes, absolutely. We are led by our own conviction, and work with you to help lead round constructions.

The biggest market opportunities in India come from hard problem statements. We’d love to understand your unique insights into the problem you’re looking to solve and how you’re using technology to build a long term moat. Being able to see the disproportionate advantage that the team and product has, is critical to our decision making.

We believe in playing a meaningful role in the long journey of company building. Thus, Board positions are part of our standard investment terms.

Yes we do, the best partnerships run deep!

We follow a two stage approval process with our Investment Committee. We run the process transparently and keep you informed at critical steps along the way, and try to align with the overall fundraise plans you may have.

You can reach us on deals@ashaventures.in. In addition, all our investment team members are active on platforms like LinkedIn and also have their emails listed on this website. If you find common overlaps with our founder network, please do connect with us through them.

Adda 247 is a category leading edtech company serving 30mn+ Indian students aspiring for government jobs. With a brand built over nearly a decade, Adda enjoys tremendous trust in its student base from Tier II and Tier III towns, offering them the convenience of online test preparation, through content across various formats like Live Classes, Video on Demand and Test Series.

Company Name:

Adda247

Sector:

Ed-Tech

Year of Investment:

2019

Team:

Anil Nagar, Saurabh Bansal

Website:

Latest News, Videos or Press:

Today Affordable housing finance companies have grown rapidly to build a loan portfolio of Rs. 745 billion, however, if one is self-employed, and without comprehensive documented income or adequate credit history, getting a home loan can prove to be a huge challenge. This is because of traditional lenders, in the current eco-system, find it difficult to ‘fit’ the average person’s case into their income assessment methods. Vastu Housing Finance is a housing finance company that addresses this gap by using a combination of technology and the traditional distribution model to provide simple, easy and flexible loans. Through its unique ability to acquire and underwrite large volumes of such loans, Vastu serves the under-served community.

Company Name:

Vastu

Sector:

Financial Services

Year of Investment:

2015

Team:

Sandeep Menon, Sujay Patil

Website:

Latest News, Videos or Press:

Avanti has pioneered a blended learning model to provide science and mathematics teaching and JEE coaching at affordable prices across India. Unlike a traditional learning model, in which teachers lecture students for close to 80 percent of their classroom time Avanti, uses a combination of video content and collaborative activities that allows teachers to focus less on lecturing and a lot more on working individually with students in the classroom to teach them problem-solving skills.

Company Name:

Avanti

Sector:

Ed-Tech

Year of Investment:

2016

Exited in (Year):

2021

Team:

Akshay Saxena, Krishna Ramkumar

Website:

Latest News, Videos or Press:

Janaadhar is India’s leading affordable housing developers that offers affordable homes in the price range of Rs. 8 Lakhs – Rs. 15 Lakhs to families belonging to lower income groups. Janaadhar promoted by Jana Urban Foundation and Sterling builders, aims to fulfill the home ownership aspirations of every Indian guided by an uncompromising approach to quality, an emphasis on value for money, and transparency in dealings with all stakeholders. By leveraging the power of technology and building strategic partners with state governments, Janaadhar hopes to realize its vision of building homes that shelter dreams of the economically underserved.

Company Name:

Janaadhar

Sector:

Climate-Tech

Year of Investment:

2014, 2020

Team:

Sandeep Bedi

Website:

Latest News, Videos or Press:

Nepra Resource Management is one of India’s largest waste management solution providers. Nepra has formalized the Indian unregulated and unorganized waste management sector by sourcing waste from the marginalized waste pickers, ensuring long standing relationships by providing fair and transparent prices. Nepra has impacted the lives of 5000+ people from bottom of pyramid and the company processes over 500 tonnes of solid waste per day across Ahmedabad, Indore and Pune.

Company Name:

Nepra

Sector:

Climate-Tech

Year of Investment:

2018, 2019

Team:

Sandeep Patel, Dhrumin Patel

Website:

Latest News, Videos or Press:

Greenway Appliances offer a viable replacement for the traditional mud chulhas, while also taking cognisance of the health hazards posed by the latter. Greenway’s stoves deliver 65% fuel savings and 70% smoke reduction with no noxious fumes, while working on all solid biomass fuels.

Company Name:

Greenway Appliances

Sector:

Climate-Tech

Year of Investment:

2015

Team:

Neha Juneja, Ankit Mathur

Website:

Latest News, Videos or Press:

Jana Care is a global company developing biomarker assays for its proprietary digital health platform with the goal of improving health outcomes for people living with chronic diseases. Our unique approach combines low-cost mobile diagnostics, lifestyle coaching, and predictive analytics, all delivered through a smartphone.

Company Name:

Jana Care

Sector:

Health-Tech

Year of Investment:

2019

Team:

Anh Hoang

Website:

Latest News, Videos or Press:

Saahas is a socio-environmental enterprise reclaiming waste as a resource by providing institutions, from small households to large institutions and manufacturers, complete end to end waste solutions. They help each of their clients emerge as zero waste entities by providing a range of services including setting up on-site facilities, providing consulting services, and building decentralized treatment centers. The collected waste is either composted, sorted, sent to the appropriate site or recycled into usable products such as notebooks, gift sets, paper, etc.

Company Name:

Saahas

Sector:

Climate-Tech

Year of Investment:

2017

Team:

Wilma Rodrigues

Website:

Latest News, Videos or Press:

Swarna Pragati Housing Microfinance is the country’s first housing finance company to launch a dedicated Housing Microfinance product. They provide loans in the range of Rs.50,000 – Rs.7 Lakhs targeted to economically underserved in rural India based on the principle of incremental housing, where low-income families build their houses one step at a time. With the first loan, families are able to add water and sanitation facilities, and with additional loans, they improve flooring, complete roofing and gradually add new rooms. They have also undertaken financial literacy programmes, income-generating activities, and several research studies to not just provide housing, but productive housing.

Company Name:

Swarna Pragati

Sector:

Financial Services

Year of Investment:

2016

Team:

Anil Nagar, Saurabh Bansal

Website:

Latest News, Videos or Press:

Automony, a commercial vehicle (CV) NBFC. They provide loans to drivers & small/medium transporters to finance pre-owned and new CVs like passenger vehicles, light/small CVs and MUV’s and vehicle parts. The CV financing sector is a huge market dominated by the unorganized segment Automony is building a business focused on Tier-II and Tier-III locations, thereby impacting over 50,000 small transporters / truck owners who traditionally take loans at exorbitant rates from informal money lenders. 

Company Name:

Automony

Sector:

Financial Services

Year of Investment:

2020

Team:

Rishab Bafna

Website:

Latest News, Videos or Press:

Truemeds is the first of its kind telehealth platform in India focused on recommending best value alternate brand medicines to chronic care patients. Truemeds leverages its intelligent medicine recommendation engine to help patients find the highest quality alternative medicines from the top 1% medicine manufacturers in India and provides free doctor consultations to help patients make the right decisions for themselves.On average, each Truemeds’ patient saves ~47% on their monthly medicine bills by using Truemeds’ proprietary recommendation engine.

Company Name:

Truemeds

Sector:

Health-Tech

Year of Investment:

2021

Team:

Akshat Nayyar, Dr. Kunal Wani

Website:

Latest News, Videos or Press:

Gramophone is a one-stop solution for all the farming needs right from personalized agronomic intelligence to access to agri-inputs and finally helping farmers with the post-harvest market linkages. With its targeted advisory first sale second approach, not only provides the inputs the farmer requires at his doorstep, but also engages in customized advisory which has the potential to reduce overall input cost, increase yield and potentially increase net- income. Gramophone has so far impacted the lives of ~1.2 million Indian farmers helping them achieve 30% improvement in crop productivity.

Company Name:

Gramophone

Sector:

Agri-Tech

Year of Investment:

2019,2020

Team:

Tauseef Khan, Nishant Vats, Harshit Gupta

Website:

Latest News, Videos or Press:

Varthana is one of India’s leading non-banking financial companies (NBFCs) focused on the education sector. Varthana provides affordable and tailored loans to budget private schools across India, empowering school owners to upgrade infrastructure, improve quality, and expand access to low-cost education. By bridging the financing gap for underserved schools, Varthana supports over 7,000 institutions, impacting the education of more than 3 million students, primarily from low-income families.

Company Name:

Varthana

Sector:

Ed-Tech

Year of Investment:

2015

Team:

Anil Nagar, Saurabh Bansal

Website:

Latest News, Videos or Press:

Ascend Capital is one of India’s pioneering non-banking financial companies (NBFCs) focused on bridging the credit gap for underserved micro, small, and medium enterprises (MSMEs). Ascend has formalized access to capital in regions traditionally overlooked by mainstream financial institutions, extending tailored lending solutions to first-generation entrepreneurs and small business owners. Through its inclusive approach, Ascend Capital has supported over 10,000 small enterprises across Tier 2 and Tier 3 cities, creating sustainable livelihoods and enabling local economic growth.

Company Name:

Ascend capital

Sector:

Financial Services

Year of Investment:

2024

Team:

Anil Nagar, Saurabh Bansal

Website:

Latest News, Videos or Press: