AUM Ventures

Profile

AUM Ventures is a venture capital firm based in India, founded by Chetan Mehta. It focuses on early-stage investments in deeptech startups, supporting innovative and IP-led technology companies. The team comprises experienced professionals with backgrounds in venture capital, investment banking, and entrepreneurship, bringing strategic guidance and critical introductions to their portfolio companies. AUM Ventures differentiates itself by investing in companies with sovereign significance and building globally competitive technology from India.

The firm primarily invests in sectors like space tech, artificial intelligence, semiconductors, aerospace, defence tech, robotics, energy transition, and advanced manufacturing. Typical investment sizes range from $750,000 to $2 million at pre-seed and seed stages, with capital reserved for follow-on rounds in Series A and Series B. AUM Ventures has a total AUM of approximately $54 million, including their first fund, which had a corpus of $30 million. They collaborate with international limited partners, including family offices and strategic investors from the US and the Middle East.

Notable portfolio companies include Skyroot Aerospace - India's private rocket company, Azimuth AI - custom AI silicon designers, Sully AI - AI medical assistants, Latent AI - optimizing AI models for edge hardware, and Smiles.ai. The firm also has investments in international markets such as the US, Israel, and GCC countries.