Rajeev Mantri leads Navam Capital in securing significant funding from top technology founders and ultra-high-net-worth investors in India

✔ Fact Checked by TDPel News Desk

By Gift Badewo

Published: January 28, 2026 | 2:38 PM

Kolkata-based venture capital firm Navam Capital is officially entering the big league.

The deeptech-focused firm has successfully raised $34.3 million for its very first institutional fund, marking a significant milestone in its journey to back science-driven innovation.

Backing from Top Industry Players

The fund attracted limited partners (LPs) from an impressive range of backgrounds.

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Contributors included technology company founders, major family offices, and ultra-high-net-worth business leaders and owners, all signaling strong confidence in Navam Capital’s investment strategy.

A Focus on Deeptech and Innovation

Under the leadership of Rajeev Mantri, founder and managing director, Navam Capital targets seed and early-stage ventures that are driven by intellectual property and cutting-edge science.

The firm is particularly interested in sectors like aerospace, advanced electronics and semiconductors, climate technology, robotics, industrial automation, biotech, and materials science.

The Team Behind the Vision

Alongside Mantri, the firm’s team includes Investment Partner Anjan Ray, bringing additional expertise to identify and nurture breakthrough technologies.

What’s Next for Navam Capital?

With its inaugural fund now in place, Navam Capital is poised to deploy capital into promising startups that have the potential to reshape industries with innovative solutions.

Investors and founders alike will be watching closely as the firm begins its first round of investments.

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About Gift Badewo

A performance driven and goal oriented young lady with excellent verbal and non-verbal communication skills. She is experienced in creative writing, editing, proofreading, and administration. Gift is also skilled in Customer Service and Relationship Management, Project Management, Human Resource Management, Team work, and Leadership with a Master's degree in Communication and Language Arts (Applied Communication).