Akti India Innovation Fund — Akti Ventures | Wisefolio

Akti India Innovation Fund

Cat II · Managed by Akti Ventures

Building strategic autonomy through indigenous technology.

Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.

Overview

About

Akti Ventures is an India-focused deep-tech venture capital fund. It backs founders building strategically important technologies in semiconductors, space, defence, robotics, clean energy, biotechnology and other deep-science sectors, and pairs capital with operator expertise in hardware.

Investment philosophy

The firm typically makes a first cheque of Rs 4 to 8 crore, with about a 4-week close from application to funding. It cites access to founders who have built large companies and to ecosystem contacts including DRDO, ISRO, semiconductor fabs and contract manufacturers.

Team9

Vamshi Reddy

Managing Partner

A Founder/Investor with over two decades of experience, as a tech entrepreneur and more recently as a Partner at Kalaari Capital for close to six years, evaluating deals and investing in companies like Deconstruct, AGRIM, Samosa Party, and others. That range brings a rare combination: knowing what it actually takes to build a company from 0-to-1 and 1-to-10, not just fund it. Before Kalaari, I was a hands-on deep tech founder: built Apalya, raised capital from marquee investors including Qualcomm, Cisco, IDG, and NEA, scaled the platform to 100M+ downloads, and ran a team of 250+ people. I'm drawn to founders with revolutionary ideas that challenge the status quo, deep domain expertise paired with bold technology that pushes real boundaries. I like being in the trenches with them: helping navigate the journey, making the right connects, being genuinely on their side.

Aviral Pandey

Investment Partner

Aviral brings 21 years of experience across engineering, product, global business and company building. He co-founded AUMHUM, a psychiatrist-led mental health platform building structured care for Tier 2 and Tier 3 India. Before that, he led global business and expansion at Peel in the San Francisco Bay Area, including partnerships with handset brands across China and India, and built the consumer business at Apalya Technologies, where he helped close its third funding round. He began his career as an engineer at Citrix and Pi Corp (acquired by EMC). Aviral holds a B.Tech in Computer Science from IIT (BHU) Varanasi and an MBA from the Indian School of Business.

Raja Koduri

Advisor

Advisor, Semiconductors

Founder of Oxmiq Labs; former Chief Architect at Intel and AMD's Radeon Technologies Group.

Dr. Satya Gupta

Advisor

Advisor, Semiconductors

President of the VLSI Society of India; co-founder of IESA; a pioneer of India's chip design ecosystem.

Registration

SEBI registration

SEBI-registered

SEBI registration no.IN/AIF2/26-27/2347

RegisteredOct 2026

Valid untilPerpetual

Contact personBanda Reddy

AddressA 904, My Home Abhra Apartments, Opposite Inorbit Mall, Madhapur, Hyderabad, Telangana, 500081

Investment manager

Akti Ventures

Insights

No insights published yet.

Disclaimer

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