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India / Direct investor

Science, technology and entrepreneurs. Investing at the edge.

Early-stage investor in digital technology and deep science, backing companies from technical breakthrough to commercial adoption.

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Official initial cheque$500K - $2M
StageEarly stage
Across the platform3 funds
Official listed portfolio36 companies

01 / The fund

What Ankur looks for

Scientific or engineering breakthroughs with a credible path to commercial use. The firm backs founders across energy hardware, synthetic biology, agriculture, advanced materials, AI infrastructure and diagnostics, alongside digital businesses.

The current official FAQ gives initial cheques of $500K-$2M, with reserves for follow-on rounds. The team works with founders on product strategy, hiring, customer access and later fundraising.

Fund III was marketed with a $150M target in 2023-24. MacArthur's January 2026 impact report lists $60M for the fund. These records are not treated as interchangeable final-close figures; a current definitive final-close amount was not verified.

Read the official investment approach ↗

02 / Portfolio

Explore by sector

36 distinct companies in the current official portfolio list, across Funds I-III. The site marks 12 as exits. This is a listed-company count, not the broader forty-plus lifetime headline. DTT groups the companies by technology.

BioTech 5

StringBio logo
StringBio ↗

String Bio pioneers climate-friendly manufacturing through its advanced synthetic biology platform.

Holding source
D-NOME logo
D-NOME ↗

D-Nome is an award-winning synthetic biology company delivering point-of-care molecular diagnostics.

Holding source
MyoWorks logo
MyoWorks ↗

MyoWorks is a materials science company pioneering high-performance, plant-based leather for sustainable fashion - using a circular, waste-mushroom-based process.

Holding source
Niramai logo
Niramai ↗

Niramai revolutionises breast cancer screening with its proprietary AI-powered thermal imaging technology.

Holding source
Piatrika Biosystems logo
Piatrika Biosystems ↗
Exited

Piatrika is a deep-tech platform accelerating seed research and discovery - helping plant breeders and agri-scientists manage complex breeding pipelines, reduce time-to-variety, and bring better seeds to market faster.

Holding source

Energy & Materials 4

Pranos Fusion logo
Pranos Fusion ↗

Pranos Fusion is building compact tokamak reactors for abundant, scalable, and carbon-free power - combining expertise in reactor design, high-temperature superconducting magnets, and computational plasma control.

Holding source
Offgrid Energy Labs logo
Offgrid Energy Labs ↗

OffGrid Energy Labs has commercialised its ZincGel technology - powering energy storage using zinc-based batteries with minimal operating cost, abundant materials, and inherent safety.

Holding source
Vimano logo
Vimano ↗

Vimano is building electroconductive membranes for energy transition applications - free of PFAS chemicals, combining high performance with high purity.

Holding source
Tessol logo
Tessol ↗

TESSOL is a cold-chain technology company offering superior performance backed by real-time tracking - through proprietary designs and phase-change materials.

Holding source

Physical AI 1

CraftifAI logo
CraftifAI ↗

CraftifAI is an embedded AI platform that brings agentic AI to the edge - enabling autonomous, intelligent workflows on embedded hardware across robotics, drones, and industrial vision systems.

Holding source

Semiconductors 1

Turiyam logo
Turiyam ↗

Turiyam is a semiconductor startup building for next-generation AI inference.

Holding source

Others 25

Captain Fresh logo
Captain Fresh ↗

Captain Fresh is a multi-species, multi-geography, technology-driven packaged seafood company serving premium B2B customers across the US and Europe - with recognised global brands including Censea, Koral, Frime, and Senecrus.

Holding source
Vegrow logo
Vegrow ↗

Vegrow is revolutionising the fruit supply chain with its B2B tech-enabled matching platform.

Holding source
BigHaat logo
BigHaat ↗

BigHaat is a full-stack e-commerce platform revolutionising the agri-inputs market - delivering transparency and quality to farmers through extensive digital reach and traceable supply chains.

Holding source
Voice Arena logo
Voice Arena ↗

Voice Arena (formerly Josh Talks) is building the benchmarking infrastructure needed to evaluate voice AI models across languages and applications as voice AI becomes the primary interface for engaging with AI.

Holding source
Agrizy logo
Agrizy ↗

Agrizy is rebuilding India's food processing supply chain through an asset-light CRDMO model for leading brands in the processed food and wellness space.

Holding source
Cropin logo
Cropin ↗

Cropin transforms global agriculture with its AI-driven remote sensing platform - bridging the gap between growers and processors through unparalleled traceability and predictive yield intelligence.

Holding source
OneKiraana logo
OneKiraana ↗

OneKiraana transforms local retail by giving India's Mom & Pop stores a powerful data intelligence layer and modern logistics infrastructure.

Holding source
Saswat Finance logo
Saswat Finance ↗

Saswat is unlocking financial services for India's rapidly digitising supply chains - starting with dairy, where end-to-end digitisation is generating milk production and payments data that traditional lenders never had.

Holding source
IBISA logo
IBISA ↗

IBISA is rewriting climate risk insurance - co-creating parametric products with insurers and reinsurers through an AI-powered platform that leverages satellite and climate data to underwrite risk and automate payouts.

Holding source
SportVot logo
SportVot ↗

SportVot is building the infrastructure layer for grassroots and recreational sports - live streaming, content production, and player monetisation for the billions who play but rarely make it on screen.

Holding source
Superfone logo
Superfone ↗

SuperFone is a neo-telco platform transforming how small businesses connect.

Holding source
Rupifi logo
Rupifi ↗

Rupifi is an embedded financing platform addressing the vast credit gap for micro, small, and medium enterprises in India.

Holding source
ERC Eyecare logo
ERC Eyecare ↗

ERC Eye Care brings clear vision to the underserved through a rapidly expanding chain of low-cost hospitals - delivering affordable, award-winning ophthalmic solutions across Tier-3 cities in Eastern India.

Holding source

Krishify connects the heart of Indian agriculture.

Holding source
Exited

Project Hero brings digital infrastructure to India's construction sector - giving smaller contractors the tools to manage workflows, win business, and compete in a market long dominated by larger players.

Holding source
MyCaptain logo
MyCaptain ↗
Exited

MyCaptain is a cohort-based learning platform helping students transition into new-age careers - through structured, mentor-led programmes across design, technology, and creative fields.

Holding source
TBH (To Be Honest) logo
TBH (To Be Honest) ↗
Exited

To Be Honest makes vegetable and fruit-based chips using vacuum-frying technology - delivering a healthier, cleaner alternative to conventional snacks without compromising on taste.

Holding source
Carmel Organics logo
Carmel Organics ↗
Exited

Carmel Organics builds sustainable, traceable supply chains for certified organic herbs, spices, and botanicals - connecting Indian growers to premium global markets.

Holding source
Exited

Jiny is an assistive UI layer that sits on top of any digital interface - guiding users through workflows and transactions in their own language, using multilingual audio-visual tools.

Holding source
Skillveri logo
Skillveri ↗
Exited

Skillveri uses VR, AR, and haptic simulation to train blue-collar workers - delivering hands-on technical skills at scale, without the cost or risk of on-site training.

Holding source
Suma Agro logo
Suma Agro ↗
Exited

Suma Agro manufactures humic acid-based organic soil amendments using its proprietary Active Humic Technology - improving soil health, nutrient uptake, and crop yields for farmers across India.

Holding source
HealthSutra logo
HealthSutra ↗
Exited

HealthSutra formulates millet-based ready-to-eat and ready-to-cook products - bringing nutritious, functional food to Indian breakfast and snacking occasions.

Holding source
Karma Healthcare logo
Karma Healthcare ↗
Exited

Karma Healthcare delivers quality primary care to underserved communities through a scalable digital health model - combining an intelligent technology platform with trained paramedics to reach patients that traditional systems miss.

Holding source
Exited

Numen is a chronic disease management platform focused on cardiac care - helping patients and providers manage long-term health outcomes through intelligent, continuous monitoring.

Holding source
Exited

Agricx uses computer vision and AI to assess the quality of agricultural produce - giving farmers, traders, and processors an objective, instant grading tool directly on their mobile.

Holding source

03 / Team & connect

Investment team

Rema Subramanian

Rema Subramanian

Co-Founder & Managing Partner

Firm strategy, fundraising, AI, digital infrastructure and agritech

LinkedIn profile ↗
Dr. Ritu Verma

Dr. Ritu Verma

Co-Founder & Managing Partner

Agritech, synthetic biology, fusion and deep science

LinkedIn profile ↗
Krishnan Neelakantan

Krishnan Neelakantan

Managing Partner

Portfolio strategy, fintech, enterprise technology and agritech

LinkedIn profile ↗
Shiva Shanker

Shiva Shanker

Partner

Industrial innovation, climate technology and energy systems

LinkedIn profile ↗
Dr. Vishal Katariya

Dr. Vishal Katariya

Vice President - Investments

Semiconductors, materials, quantum, AI infrastructure and energy

LinkedIn profile ↗
Suraj Nair

Suraj Nair

Assistant Vice President - Investments

Biotechnology, healthcare, synthetic and industrial biology

LinkedIn profile ↗

The official site also lists Vishal Aman as VP Investments, but his linked current profile describes a Chief of Staff role at Cent and says ex-VC. He is not presented as a confirmed current Ankur investment contact. Advisors, finance and operations staff are excluded from this team list.

Official founder contact ↗

04 / Fund network

Limited partners

Verified institutional backing is shown below. No individual LP identity was established in the checked sources, so there are no speculative individual portraits.

British International Investment

Fund III LP

$5M active commitment, July 2024, in BII's own fund record.

Investor record ↗

MacArthur Foundation

Fund III LP

$5M equity investment listed in its January 2026 impact report.

Foundation record ↗

U.S. International Development Finance Corporation

Fund III backing approved

$15M equity investment approved in its Q3 FY2023 announcement. Approval is not presented as proof of a fully drawn commitment.

DFC announcement ↗

Self-Reliant India Fund

Reported Fund III LP

Identified as an existing backer in August 2024 reporting.

LP reporting ↗