Aum Ventures announces second edition of India DeepSpark

Aum Ventures, an early-stage venture capital firm focussed on technology-led and deeptech companies and an early backer of Skyroot Aerospace, has launched the second edition of India DeepSpark, its initiative to discover and back India’s next generation of deeptech founders. The founders building breakthrough.

The programme will also host a DeepSpark Roadshow featuring 1:1 founder office hours, investor-readiness sessions and interactions with sector experts. One of the companies to emerge from the initiative was Sanyark Space, which is building space navigation and communications technology.

What Happened

Aum Ventures has also backed deeptech companies including Skyroot Aerospace, Azimuth AI, Cosmoserve and Sharang Shakti. Aum Ventures backs ambitious Indian entrepreneurs building technology-led companies with global potential.

• Selected startups will have the opportunity to receive up to $1 million in investment, along with strategic and financial mentorship, investor-readiness support and access to Aum Ventures’ global network across the US, Israel and.

• The first edition of DeepSpark had received more than 500 applications, engaged closely with over 20 startups, partnered with over 30 incubators and innovation hubs, and invested $625,000 through the programme.

• INDIA Deepspark is Aum Ventures’ flagship initiative designed to accelerate early-stage, IP-led deep tech companies taking breakthrough technologies from research to market.

Key Details

Its investment focus spans space-tech, semiconductors, defence-tech, AI, robotics, advanced manufacturing, energy transition and other deep-tech sectors.

What Reports Say

Coverage of the story so far points to:

• Continued reporting by Fortune India as more details emerge