Avaana Capital

InvestorActive
Type: Venture FundStage: Series ALead: LeadsCheck: $1M–$2MFund Size: $100-499MLocation: IndiaContinent: AsiaWebsite

Avaana Capital is a venture capital firm headquartered in India investing in early-stage companies using technology to create scalable solutions for climate mitigation, adaptation and India's net zero transition. The firm closed India's largest climate-focused venture capital fund at $135 million in 2024, targeting 20-25 early-stage companies with initial investments of INR 10-30 crore across energy management, sustainable mobility and agriculture. Avaana's fund structure includes support from the Green Climate Fund, USDC DFC and Azim Premji Trust, positioning it as a leading climate venture capital vehicle in South Asia.

Clean Energy GenerationTransportationAgricultureConsumer ProductsAdvanced ManufacturingCarbon CaptureUtilizationand StorageClimate AdaptationConservationWater TechBuilt EnvironmentSoftware and SaaS

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