Skip to content

VC fund (Cat I) · SEBI registry

Blue Ashva Varenya Fund

Early stage (Pre-Series A) · Deep Tech (AI/ML/Robotics) · Mumbai

Pitch this investorRequest an intro

Contact on file — shared on accepted request

At a glance

Stage focus
Early stage (Pre-Series A)
City
Mumbai
HQ / office
Mumbai (BKC, Bandra East), Maharashtra
Fund registered
2021
Investments on record
6
LinkedIn
Profile ↗

About

Blue Ashva Varenya Fund is the Category I Angel AIF vehicle of Blue Ashva Capital, a Mumbai-based deep-tech and impact-focused venture firm.

Investment focus

Early-stage / angel (Category I AIF) venture capital; deep-tech and impact sectors — spacetech, battery/energy storage, climate/clean-tech, sustainable materials, agritech, fintech

Cheque size

Angel/early-stage cheques (Cat I Angel AIF); typically small angel-stage tickets, exact range not disclosed (platform-wide deals up to ~USD 1-5M)

As compiled from public sources — verify with the investor.

SEBI registration

SEBI AIF Category I — reported as “Cat I

  • IN/AIF1/21-22/0933

SIDBI Fund of Funds

None found

Notable portfolio

Dhruva Space; Godi Energy; GreenJoules; Tan90; Bambrew; Devic Earth

Team & organisation

~12-person team incl. 2 partners and 4 principals (India + Singapore), led by Satya Bansal

Manager: Blue Ashva India LLP. Blue Ashva Varenya Fund is a Category I Angel AIF (SEBI Reg. IN/AIF1/21-22/0933) within the Blue Ashva multi-fund platform. Same manager, team, LinkedIn and email ([contact on file]) as the other Blue Ashva funds; no public phone.

Connect through iHub India

Open a funding round and send a structured pitch from this profile. It's recorded now and delivered the moment this investor joins iHub India; if they accept, contact details are shared and the conversation moves into a tracked deal room.

Raising a round? Send a funding pitch with your traction — an acceptance opens a tracked deal room. Mentors, incubators, corporates and students can request an intro instead.

Work at Blue Ashva Varenya Fund? Claim this profile to keep it current and receive pitches directly.

Frequently asked

What does Blue Ashva Varenya Fund invest in?
Early-stage / angel (Category I AIF) venture capital; deep-tech and impact sectors — spacetech, battery/energy storage, climate/clean-tech, sustainable materials, agritech, fintech
What cheque size does Blue Ashva Varenya Fund write?
As compiled from public sources: Angel/early-stage cheques (Cat I Angel AIF); typically small angel-stage tickets, exact range not disclosed (platform-wide deals up to ~USD 1-5M)
How do I pitch Blue Ashva Varenya Fund through iHub India?
Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

Similar investors

About this record

Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.

Sources: https://blueashvacapital.com/investment; https://thebalancesheet.in/investor/64c7dc2f676beb1d2a6b5252/blue-ashva-varenya-fund