Ankur Capital

Provides seed funding, technical know-how and expert assistance to startups working in the social impact sector

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About

  • Headquarters

    Mumbai, Maharashtra

  • Since

    2014

Provides early stage seed funding to startups working to address problems and challenges in the field of agri-tech, education, healthcare, skill devel Read moreopment and food with the aim of supporting and promoting innovative technologies and products in these fields. Apart from providing direct funding, it also allows these startups to leverage its funding to raise further rounds of funding from other investors. Through its portfolio management team, it also assists early stage ventures in making an impact at the ground level by way of marketing management, business development, strategy formulation, HR & finance management, recruitment and operations management. Its connections portfolio connects startups to experts in various fields including manufacturing, energy efficiency, accountancy, law, rural marketing, publishing, human resources and science with the aim of providing comprehensive assistance in their growth and development. It follows the approach of providing capital, know-how and connections to startups and has invested seed capital. Its portfolio contains companies in sectors such as Agritech, healthtech, edtech, deep-science tech, Fintech, climate and SMETech. Some of the companies are Myoworks, project HERO, ibisa, Sportvot, Joshtalks, Offgrid energy labs, Superfone, Rupifi, Numen, Vegrow, Jiny, and TBH.

Demographies Served

Programs

  • Project Hero

    Project Hero has a vision to revolutionize how construction workers engage with the broader ecosystem. This project is dedicated to constructing a technology-driven, all-inclusive platform designed to source, oversee, and facilitate services for construction workers. Their approach places the workers at the forefront, offering transparency in job opportunities, addressing skill development requirements, assisting workers in creating comprehensive career profiles, and enabling access to pertinent products and services within the formal economy. Project Hero has already successfully onboarded 400,000 construction workers onto their platform and deployed 3,000 of them to construction sites. In this endeavour to transform the conventions of the construction workforce, Ankur Capital has joined hands with Project Hero.

  • Piatrika Biosystems

    Piatrika is a bioinformatics platform taking a more profound approach to aid seed manufacturers in the discovery, development, and deployment of advanced seed varieties. The company employs computational biology algorithms to analyze crop genotypes (genetic characteristics) and phenotypes, ultimately determining the fusion of traits. Piatrika expedites the seed discovery process by swiftly identifying desirable traits, including those that enhance yield, bolster resistance to diseases, and withstand changing climate conditions. Ankur Capital has collaborated with Piatrika Biosystems and is eagerly anticipating the development of tools for next-generation seeds.

  • Agrizy

    Agrizy is currently in the process of developing a technology platform designed to offer comprehensive solutions to agri-processors. By facilitating transactions through their platform, Agrizy intends to optimize order processing, provide forecasts for demand and supply, enhance logistical efficiency for order fulfillment, and enable access to financial services. Ankur expresses its consistent enthusiasm for teams dedicated to effecting systemic change in extensive, unexplored markets. The organization anticipates the opportunity to collaborate with the Agrizy team in their efforts to digitize the agri-processing value chain.

  • Offgrid Energy Labs

    Offgrid Energy Labs is in the process of developing fundamental battery chemistry, with a focus on its zinc-based technology. This innovative approach aims to enable batteries to store a substantial amount of charge over extended periods while maintaining stability and cost-effectiveness. Notable features of this technology include high roundtrip efficiencies, rapid charging and discharging capabilities, and an extended cycle life, making it versatile for various applications. Offgrid's batteries have the potential to influence grid balancing, expedite the charging of electric vehicles, and address power mobility needs, particularly in situations with relatively low energy density requirements, such as scooters, auto rickshaws, and tempos, which are significant modes of transportation in many parts of the world.
    Ankur's investment is poised to support Offgrid Energy Labs in transitioning from laboratory development to the commercial market.

Leadership Team

  • Rema Subramanian

    Co-Founder, Managing Partner

  • Ritu Verma

    Co-Founder, Managing Partner

  • Krishnan Neelakantan

    Director

  • Burzin Dubash

    Chief Operating Officer

  • Kamakshi Rao

    Advisor

Demographics & Structure

  • No. of Employees

    21-50

M&E

  • Internal, External Assessors

    No

Policies

  • Ethics and Transparency Policies

    No

  • Formal CEO Oversight & Compensation Policy

    No

Political & Religious Declarations

  • On Affiliation if any

    No

  • On Deployment Bias if any

    No

Registration Details

  • Registration ID

    U65923MH2013PTC247200

  • FCRA

    Not Available

  • CSR Registration Number

    Not Available

Location

  • Headquarters

    Ankur Fincon Management Pvt Ltd, Unit 5 Jetha Compound, Byculla (E), Mumbai, 400027

    Directions
  • Offices in Cities

Other Details

  • Type & Sub Type

    For-profit
    Private Limited Company