Lavni Ventures announces first close of Rs.200-Cr deep-tech fund

Bengaluru- and Newark, New Jersey (USA)-based Lavni Ventures has made the first close of its INR 200 crore deep-tech focused VC fund. Lavni Fund II seeks to back technology-driven solutions that can profitably address some of the world’s toughest challenges.Fund II will invest INR 2 crore to INR 8 crore at the seed to Series A stage and INR 8 crore to INR 15 crore in follow-ons.Founded in 2020 by Vasu Guruswamy, Sanjay Kanvinde, and Krishna Shivram, Lavni Ventures is a Category II Alternative Investment Fund (AIF) specialising in early-stage deep-tech impact investments across medtech, edtech, cleantech, and agritech.