Venkat Vallabhaneni
Founder And Managing Director
Deep-tech and engineering investments, technology diligence and company building.
LinkedIn profile ↗India / Direct investor
Building tomorrow together.
Science, engineering and technology-led businesses with defensible intellectual property and global markets.
Connect NowFund III reported initial cheque₹15Cr-₹45Cr
Fund III entryPre-Series A / Series A
July 2026 first close₹400Cr of ₹1,250Cr target
Official public directory30 companies
01 / The fund
Science, engineering and technology
Inflexor backs early-stage companies with difficult-to-copy technology, technical founders and room to build global businesses. Its public portfolio ranges from semiconductors, space propulsion and materials to medical devices, industrial AI and enterprise software.
Fund III, Inflexor Technology Discovery Fund, announced a roughly ₹400Cr first close in July 2026 against a ₹1,250Cr target. Its reported initial-cheque range is ₹15Cr-₹45Cr, primarily at pre-Series A and Series A, with a planned 22-25-company portfolio. The target is not a final close. One PTI account quotes ₹15Cr-₹25Cr initial investments; the ₹15Cr-₹45Cr launch range is repeated by Mint, VCCircle and BusinessLine.
Fund II closed in 2021 at over ₹600Cr, above a ₹500Cr initial target. A separate ₹350Cr Opportunities Fund closed in 2024, according to July 2026 reporting. The official site reports four funds, $150M+ AUM and 14 exits. Those are firm-wide figures, not claims that this directory has 14 independently verified full exits. Current AIF registration records separately name the Technology Fund, Opportunities Fund, Technology Discovery Fund and its GIFT vehicle.
Official first-close news ↗ · Fund III terms ↗ · Official vehicle register ↗02 / Portfolio
Explore by sector
All 30 companies in the official public directory, including historical acquisitions. The firm reports 14 exits overall but does not map that headline to 14 fully exited companies here. Three explicit acquisitions are marked from company records. Entry-stage labels reproduce the fund directory and are not current financing-round claims. Sector groups are DTT technology groupings.
BioTech 5
Fund-listed entry: Series A
Point-of-care devices for detecting diabetic-foot and vascular risks, including nerve function, blood flow and foot pressure.
Holding source ↗
Fund-listed entry: Pre-series A
Agricultural biologicals and biostimulants designed to improve crop growth, nutrient use and resilience to climate stress.
Holding source ↗
Fund-listed entry: Series A+
Child-development and behavioral-health centres supported by software for tracking therapy progress and keeping parents informed.
Holding source ↗
Fund-listed entry: Series A
Robotic tissue preparation and digital microscopy systems that help pathology laboratories process and inspect medical samples.
Holding source ↗
Fund-listed entry: Series A
An external bioengineered liver-support system under development, designed to support patients with acute liver failure.
Holding source ↗Energy & Materials 3
Fund-listed entry: Seed
Energy-efficient household appliances, including brushless-motor ceiling fans, plus smart home products and kitchen appliances.
Holding source ↗
Fund-listed entry: Seed
Emission-control equipment that captures particulate pollution from diesel generators and related clean-technology systems.
Holding source ↗
Fund-listed entry: Seed
Single-walled carbon nanotubes, tiny carbon structures used in advanced electronics, batteries and other high-performance materials.
Holding source ↗Physical AI 2
Fund-listed entry: Series A
A video-AI platform for developing and deploying computer-vision applications on existing camera infrastructure.
Holding source ↗
Fund-listed entry: Seed
Physical learning toys paired with augmented-reality games, combining objects children can hold with interactive digital activities.
Holding source ↗Semiconductors 2
Fund-listed entry: Seed
AI-assisted chip verification and debugging software that finds logic-design errors before a semiconductor is manufactured.
Holding source ↗
Fund-listed entry: Pre-series A
Radar semiconductor technology that helps vehicles and industrial systems recognize objects in three dimensions and track movement.
Acquirer confirms completion on October 17, 2022, correcting the fund profile’s August agreement date. Original company domain no longer verifies.
Holding source ↗Space Tech 1
Fund-listed entry: Seed
Satellite propulsion systems, including electric and green chemical thrusters and orbital-mobility platforms.
Fund website icon mistakenly points to an unrelated LinkedIn company. Replaced with the verified Bellatrix-owned website.
Holding source ↗Others 17
Fund-listed entry: Pre-series A
Software for distributed 4G, 5G and Wi-Fi core networks, allowing operators and enterprises to manage connected systems across locations.
Holding source ↗
Fund-listed entry: Seed
AI-generated fashion and product photos, virtual models and videos for brands and online retailers.
Holding source ↗
Fund-listed entry: Series A
Logistics software for e-commerce shipping, carrier allocation, shipment tracking, delivery exceptions and returns.
Holding source ↗
Fund-listed entry: Seed
Cybersecurity intelligence that identifies external digital risks, exposed assets and potential attack paths.
Holding source ↗
Fund-listed entry: Series A
Small-business software for cash-flow visibility, invoice collections and payment follow-ups, alongside lending services.
Supplied landing.html returns 404; current company homepage verified instead.
Holding source ↗
Fund-listed entry: Series A
Endpoint security and data-loss prevention that monitor insider threats, sensitive-data leaks and employee-device activity.
Holding source ↗
Fund-listed entry: Seed
Consumer and user-experience research software that analyzes attention, emotion and feedback to test products and content.
Holding source ↗
Fund-listed entry: Series A
Technology-assisted rural insurance distribution and servicing across crop, livestock and motor coverage.
Holding source ↗
Fund-listed entry: Series A
Cargo and logistics software that connects airports, ports, freight operators and other participants in shared digital workflows.
Holding source ↗
Fund-listed entry: Seed
Science and maths learning software using augmented reality, simulations and 3D video to explain classroom concepts.
Holding source ↗
Fund-listed entry: Series A
AI-driven marketing campaigns and lead qualification, including voice and WhatsApp conversations before leads reach sales teams.
Holding source ↗
Fund-listed entry: Series A
Structural-engineering software for analyzing and documenting concrete buildings. Acquired by Bentley Systems.
Fund profile records acquisition in December 2017; Bentley announcement was published January 2018. No current standalone company destination supplied.
Holding source ↗
Fund-listed entry: Series A
Automotive cybersecurity tools that protect connected vehicles across embedded hardware, telematics and cloud systems.
Holding source ↗
Fund-listed entry: Series A
Cloud-based time, attendance and workforce-management software with biometric-device integration. Acquired by ADP.
Original company domain now displays a domain-protection page. Linked to acquirer confirmation.
Holding source ↗
Fund-listed entry: Seed
Game platform and developer tools, including Unity assistance and live-operations tools for running and updating games.
Holding source ↗
Fund-listed entry: Series A
Customer-support automation across voice and messaging channels, combining AI responses with business-system information.
Holding source ↗
Fund-listed entry: Seed
AI tools for translation, subtitles, transcription and creating or adapting content across languages.
Holding source ↗03 / Team & connect
Investment team
Jatin Desai
Founder And Managing Director
Fund management, early-stage technology investments and portfolio strategy.
LinkedIn profile ↗
Pratip Mazumdar
Co-Founder And Partner
Early-stage investing, investment committee work and company scaling.
LinkedIn profile ↗
Murali Krishna Gunturu
Partner
Deal sourcing and analysis, investment opportunities and portfolio management. Also fundraising and investor management.
LinkedIn profile ↗
Harsha Mundhada
Partner
Investment transaction evaluation and deal execution, alongside portfolio, legal and investor-relations responsibilities.
LinkedIn profile ↗
Anush Prem
Principal
Technical diligence and technology evaluation across the investment team.
LinkedIn profile ↗
Parmi Doshi
Principal
Sourcing, evaluation, due diligence and post-investment portfolio support.
LinkedIn profile ↗
Aishwarya Kulkarni
Associate
Evaluating technology investment opportunities, with venture debt and quantitative-risk experience.
LinkedIn profile ↗
Pratik Ahuja
Associate
Investment research and deal evaluation, with technology, corporate-development and investment-banking experience.
LinkedIn profile ↗Nine investment professionals, with current official portraits and LinkedIn destinations checked. Murali and Harsha have fundraising or investor-relations duties but their biographies also explicitly describe investment evaluation, deal execution and portfolio work. Pratik’s current header is Associate; his biography describes joining as Senior Analyst in 2024. Strategic-development/portfolio-only staff, finance, compliance, investor-relations-only, executive assistance, ESG and venture advisors are excluded.
Official fund website ↗04 / Fund network
Limited partners
Named public institutional and family-office backing, separated by fund and date. July 2026 launch coverage and the 2021 final-close statement supply reported names; SIDBI’s own table supplies sanction records. Unnamed overseas institutions and HNIs are not invented as named LPs. No individual LP independently verified.
Self-Reliant India (SRI) Fund
Fund III institutional anchor, July 2026
Named in Fund III first-close reporting. Separate from SIDBI’s FFS. No amount inferred.
Investor source ↗HDFC Asset Management Company
Fund III institutional anchor, July 2026
Named separately from its Select AIF fund-of-funds in the first-close announcement. No amount inferred.
Investor source ↗HDFC AMC Select AIF FoF
Fund III fund-of-funds anchor, July 2026
Separately named Fund III backer, not merged into the AMC’s own commitment.
Investor source ↗SIDBI / Fund of Funds for Startups
Technology Fund and historical Parampara backing
Public table lists ₹100Cr sanctioned to Inflexor Technology Fund and ₹15Cr to Parampara Early Stage Opportunities Fund I. Sanction is not capital drawn.
Investor source ↗SBICap Ventures
Fund II reported institutional LP, 2021
Named in the Fund II final-close announcement. This historical reported entity is not assumed to be a separate Fund III commitment beyond SRI backing.
Investor source ↗Survam, Sumankant Munjal family office
Fund II reported family-office LP, 2021
Named in the Fund II final-close announcement. This is family-office backing, not a claim of personal investment by Sumankant Munjal.
Investor source ↗