Read our 2025 India Deep Science Tech Report

Science, Technology, Entrepreneurs.

Ankur Capital

Portfolio Companies

Three funds. Twelve years. Forty-plus companies. From our portfolio: category leaders, global acquirers, and companies redefining markets from India to the world.
The breakthrough is always the reason.
Captain Fresh
Utham Gowda
Captain Fresh

The future of global seafood runs on technology. Captain Fresh is building it.

Craftif AI
Craftif AI

Embedded software runs the physical world. CraftifAI is reinventing how it's built.

OffGrid
Tejas Kusurkar
OffGrid

No storage. No planet. Offgrid Energy Labs is on it.

Pranos
Pranos

Fusion is the sun's secret. Pranos is unlocking it.

StringBio
Vinod Kumar and Ezhil Subbian
StringBio

Biology is the new manufacturing. StringBio is proof.

Turiyam
Turiyam

The next era of AI runs at the edge. Turiyam is building the chips powering it.

Vegrow
Praneeth Kumar, Shobhit Jain, Mrudhukar Batchu & Kiran Naik
Vegrow

Farm to customer. Technology-first. That's Vegrow.

Vimano
Vimano

Vimano. The membranes powering the clean energy future.

CrooinBigHaatString BioCaptain FreshAnkur Capitaljosh talk
Who We Are

We're  not observers. The Ankur Capital team are scientists, engineers, and  entrepreneurs who've done the hard work firsthand. We back founders the way  we'd want to be backed — with conviction, expertise, and skin in the game.

Ankur Capital
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The team brings operational experience to support entrepreneurs alongside an extensive network of technical experts and professionals from around the world.

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Ecosystem Initiatives

The ecosystem has a significant role to play in transforming breakthrough ideas into reality. We are building networks of entrepreneurs, scientists, investors, policymakers, and other like-minded individuals and organizations solving hard problems through innovation.

TechSprouts is a platform to engage with the deep science ecosystem in India

Explore innovations at the edge of life sciences, clean energy, advanced materials, machine learning and more.

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think

ThinkAg is a platform working with innovators and corporates to transform India's food and agriculture landscape.

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Ecosystem Builders

Most funds find the ecosystem. We built it.
ThinkAg and the Deep Science Forum give us structural early access — before the pitch deck exists.
Deep Science Forum 2024 / ThinkAg
Deep Science Forum 2024 / ThinkAg
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Recent posts

Putting the Risk back into Risk Capital
Team Ankur Capital
January 19, 2022

Putting the Risk back into Risk Capital

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Sci-Fi to Reality- The World of Deep Tech
June 6, 2022

Sci-Fi to Reality- The World of Deep Tech

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Energy Storage: The opportunities in the next decade
June 6, 2022

Energy Storage: The opportunities in the next decade

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Grid Battery Storage : Lithium and Other Alternatives
May 5, 2022

Grid Battery Storage : Lithium and Other Alternatives

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Batteries for Behind-the-Meter energy storage
June 28, 2022

Batteries for Behind-the-Meter energy storage

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Synthetic Biology - The ticket to a Sustainable Future
August 3, 2022

Synthetic Biology - The ticket to a Sustainable Future

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Perspectives from the Edge

How we think. What we're learning. Where we're investing.
Perspectives from twelve years at the edge of deep tech — in public.
WHAT WE'RE LEARNING
WHERE WE'RE INVESTING

Frequently Asked Questions

What does Ankur Capital evaluate in early-stage startups?

Three things, in this order.

The science. Is the core innovation a genuine breakthrough — defensible IP, meaningful technical progress, a problem that can't be solved with a better app?

The founder. Deep domain expertise, the resilience to build through long innovation cycles, and the honesty to know what they don't yet know.

The path. Not a hockey stick projection — a credible technical and commercial roadmap to category leadership.

Every company is different. These three questions are always the same.

What is Ankur Capital's investment criteria?

We invest in deep science and frontier technology companies, typically from pre-seed to Series A.

We don't rely on a single traction metric. Deep science companies have longer R&D cycles than software — a working prototype, a successful pilot, a strategic partnership, or a granted patent can all signal meaningful progress depending on the stage and sector.

What we're looking for: breakthrough technology, a founder who has gone deep into the problem, and a clear line from where the company is today to where it could lead the world.

How much does Ankur Capital invest?

Initial cheques range from $500K to $2M. We reserve significant capital for follow-on as our companies grow.

We are long-term partners. We don't write a cheque and step back — we stay through technical milestones, commercial inflections, and subsequent rounds.

How do I reach out to Ankur Capital?

The strongest introductions come through founders, researchers, or operators in our network who know you and your work. If you have a connection, use it.

If you don't, write to us directly. We read everything.

When you reach out, include: a brief overview of the problem you're solving, your technology or product, team backgrounds, current traction or technical milestones, and your fundraising plans. A deck helps.

What does Ankur Capital provide beyond funding?

Capital is the smallest thing we bring.

We work alongside founders through every stage — refining product strategy, making key hires, connecting them with customers, researchers, corporates, and global investors. We've built companies ourselves. We know which doors to open and when.

Our network includes experienced founders, operators, research institutions, and ecosystem partners across India and globally. Through ThinkAg, and the Deep Science Forum,we connect portfolio companies to the broader innovation ecosystem — not just at the point of investment, but throughout the journey.

Our goal is straightforward: help founders build enduring, globally significant companies. Everything else follows from that.
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Our Perspectives

Team Ankur Capital
January 19, 2022

Putting the Risk back into Risk Capital

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June 6, 2022

Sci-Fi to Reality- The World of Deep Tech

external link
June 6, 2022

Energy Storage: The opportunities in the next decade

external link
May 5, 2022

Grid Battery Storage : Lithium and Other Alternatives

external link
June 28, 2022

Batteries for Behind-the-Meter energy storage

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Read All

⚠️ A note on fraud

Ankur Capital does not offer retail investments or guaranteed returns. If you've encountered a site impersonating us, report it here.