growX ventures

growX ventures is a New Delhi-based early-stage venture capital firm with a distinct focus on B2B and deep technology startups within the Indian ecosystem. Established to support innovative companies leveraging advanced technologies, the firm primarily targets sectors such as Artificial Intelligence, Machine Learning, Internet of Things, Robotics, and other enterprise-focused solutions. Their investment philosophy centers on identifying disruptive technologies and backing strong founding teams poised to solve significant market challenges.

The firm typically invests in seed to pre-Series A rounds, providing crucial capital during the formative stages of a startup's journey. growX ventures is known for its hands-on approach, offering strategic guidance, mentorship, and access to a robust network of industry experts and potential clients. Their initial investment cheques generally range from $500,000 to $1.5 million, reflecting their commitment to providing substantial early-stage funding to help companies achieve product-market fit and scale their operations. This targeted investment size allows them to be either lead investors or significant co-investors in promising ventures.

Having successfully deployed capital from its first fund, which reportedly stood at INR 150 crore (approximately $20 million), growX ventures has demonstrated its capacity to identify and nurture high-potential B2B and deep tech ventures. The firm is actively expanding its investment capacity, with plans to raise a second fund targeting INR 300 crore (approximately $40 million). This expansion underscores their continued belief in the growth potential of India's deep tech landscape and their commitment to playing a pivotal role in its development, fostering innovation across various industrial and enterprise applications.