About Company
Aum Ventures
Aum Ventures is a premier early-stage venture capital firm engineered to identify and scale the next generation of deep technology and innovation-led enterprises. Founded in 2022, the firm specializes in providing robust institutional scaffolding to high-growth startups building proprietary technologies. By merging disciplined risk capital with an elite global network across deeptech supply chains, Aum Ventures empowers exceptional engineering talent to transform non-consensus, high-barrier concepts into structurally sound, globally competitive market leaders like Skyroot Aerospace and Azimuth AI.
Fund Snapshot
| Parameter | Details |
| Fund Name | AUM Ventures Investment Trust (Aum Ventures) |
| SEBI Category | Category II AIF (Alternative Investment Fund) |
| SEBI Registration No. | IN/AIF2/25-26/2048 |
| Active Vehicle | India Innovation Fund II (Target Corpus: ₹750 Crore / ~$80M$) |
| Primary Focus | DeepTech, IP-driven Innovation, Spacetech, Semiconductors, AI, and Defence Tech |
| Investment Stage | Early Stage (Pre-seed, Seed, with follow-on capacity up to Series A/B) |
| Check Size | $750,000 to $2 Million (Initial investments) |
| Geography Focus | Indian founders building globally competitive technology businesses |
Fund Purpose
The overarching purpose of the AUM Ventures Investment Trust is to back visionary Indian founders building high-moat, intellectual property-driven deep technology companies capable of competing globally from day one. Operating at a unique macroeconomic inflection point where strong policy momentum (such as the India Semiconductor Mission and iDEX), deep domestic STEM talent, and specialized capital converge, the trust provides critical institutional anchor support. By channeling targeted venture capital into long-gestation, high-barrier frontier tech, the fund aims to accelerate Indian innovation, capture international market share, and foster systemic capital efficiency.
Fund Philosophy
IP-Led Economic Moats
The fund firmly believes that sustainable competitive advantages are built through breakthroughs in core technology and proprietary intellectual property, rather than superficial operational styling. Investment allocations are strictly directed toward engineering teams developing highly defensible, hard-to-replicate tech stacks.
Global-First Scale
AUM Ventures operates on the philosophy that modern deeptech ventures emerging from India must target international market integration from their very inception. Portfolio companies are evaluated systematically on their ability to deploy product workflows seamlessly across highly demanding cross-border tech corridors.
High-Conviction Structural Anchoring
True frontier tech innovation is rarely obvious or consensus-driven at the starting line. The fund seeks to act as the first institutional capital on the cap table, moving with high velocity to anchor pre-seed and seed rounds and giving technical teams the early validation needed to scale.
Sovereign Tech Significance
A core pillar of the fund’s investment thesis is supporting innovations that strengthen national technological infrastructure and self-reliance. The fund actively prioritizes dual-use and breakthrough capabilities across Aerospace, Spacetech, Custom Silicon, and Defence systems.
Programmatic Lifecycle Backing
Nurturing deeptech requires patient, milestone-based capitalization. The fund’s philosophy extends far beyond the initial check; it structures substantial follow-on reserves to systematically support portfolio companies through their Series A and Series B rounds to ensure a long execution runway.
Learn about the experienced fund managers responsible for investment decisions, portfolio strategy, and long-term fund performance.
Chetan Mehta
Chetan Mehta is the Founding Partner of AUM Ventures, bringing over two decades of extensive global asset management, venture allocation, and corporate advisory experience to the trust. Known for a distinctively high-conviction and long-term oriented approach to alternative assets, he has successfully steered capital allocations into prominent frontier tech startups from their earliest stages. Under his management direction, the fund pairs institutional financial engineering with a dedicated hands-on advisory model, guiding exceptional technical founders through complex global go-to-market strategies and milestone-driven fundraising lifecycles.
Find answers to common questions about fund investments, performance, portfolio strategy, and investor services.
The trust focuses exclusively on deeptech and intellectual property-led sectors. This includes Spacetech (such as launch vehicles and satellite subsystems), custom Semiconductors (System-on-Chip design), Edge AI, and highly advanced Defence technology infrastructure.
Following the successful deployment of its inaugural pool across 24 early-stage companies, the trust launched its second major vehicle, the India Innovation Fund II. This fund targets a total corpus of ₹750 Crore to build out a concentrated portfolio of 25 to 30 deeptech startups.
AUM Ventures acts as an early-stage institutional partner, entering primarily at the Pre-seed and Seed stages. Initial check sizes typically range between $750,000 and $2 Million, with additional milestone-based capital ringfenced for subsequent financing rounds.
The firm actively leverages deep cross-border networks spanning India, the United States, and Israel. It pairs technical founders with an elite advisory ecosystem consisting of domain experts across aerospace, defence, and semiconductor engineering to streamline global market entry.
Qualitatively, the fund values deep founder conviction, a resilient leadership structure, and clear milestone-based execution roadmaps. Quantitatively, it prioritizes the technical defensibility of the proprietary IP, capital efficiency, and a clear global addressable market potential.
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