IdeaSpring Capital

Ideaspring Capital, based in Bengaluru, is an early-stage venture fund established by entrepreneurs for entrepreneurs, with the goal of driving India's next wave of technological innovation.

Founded in 2016 with a ₹125 crore fund, Ideaspring Capital is dedicated to supporting science and deep-tech startups developing global enterprise products from India.

Investment Philosophy & Focus:

Ideaspring Capital collaborates with visionary founders possessing deep technical and domain expertise, aiming to connect bold ideas with resources for tangible impact. The fund focuses on areas such as:

Artificial Intelligence & Machine Learning

Climate Tech

Defence

BioTech

Enterprise SaaS

Deep Tech (including Computer Vision, Big Data Analytics, IoT, AR/VR, HealthTech, FinTech)

A key distinguishing factor is their focus on intellectual property, prioritizing startups with robust proprietary algorithms and deep technology.

Approach & Support:

Ideaspring is notable for its high-touch, participative model. Through its ‘Startup Assist’ program, the firm offers hands-on support in areas such as:

Product management

Business-market fit

Customer management

Access to a strong network of industry leaders and next-level investors

This approach is crafted to assist startups in building for global scale and achieving sustainable growth.

Portfolio & Impact:

Ideaspring Capital has made over 40 investments, maintaining a selective approach by investing in only 4–6 startups annually. Its portfolio includes innovative companies like:

Ahammune Biosciences Pvt. Ltd. (biotech)

Ambee (climate tech)

BluJ Aerospace Private Limited (aerospace)

Nimesa (cybersecurity)

Whodat (acquired by BYJU'S) (AR)

Okulo Aerospace (solar-electric UAVs for defence & enterprise)

Gyrophint (deep science)

The fund has also achieved successful exits, such as the acquisition of Numocity in 2022.

Leadership:

Ideaspring is led by a team of experienced investors and entrepreneurs, including Naganand Doraswamy, Kailashnath MS, among others. Their combined expertise provides not only capital but also strategic guidance and operational insights for founders.

Ideaspring Capital is more than just a funding source—it is a genuine partner for deep-tech founders, offering strategic mentorship, operational support, and a robust network. By empowering Indian startups to innovate and scale globally, Ideaspring is contributing to the future of tech entrepreneurship.