VC fund (Cat I) · SEBI registry
INDUSAGE TECHNOLOGY VENTURE FUND I
Early stage (Pre-Series A) · Deep Tech (AI/ML/Robotics) · Bengaluru
At a glance
- Stage focus
- Early stage (Pre-Series A)
- Primary sector
- Deep Tech (AI/ML/Robotics)
- City
- Bengaluru
- HQ / office
- Bangalore, Karnataka (registry: No 9/1 Madras Bank Road, off St Marks Road, 560001); fund earlier shown at Adyar, Chennai
- Fund registered
- 2013
- Investments on record
- 5
About
SEBI Category I Venture Capital Fund (reg. IN/AIF1/13-14/0064, registered 29 Jul 2013) managed within IndusAge Partners / IndusAge Capital Managers LLP, an Indian tech-focused VC firm founded in 2000.
Investment focus
Early-stage technology venture capital — IP-led/deep-tech technology and tech-services companies (mobility, cloud, telecom, consumer internet, energy, fintech, health)
SEBI registration
SEBI AIF Category I — reported as “Cat I”
- IN/AIF1/13-14/0064
SIDBI Fund of Funds
None found
Notable portfolio
ideaForge; Cloudleaf; Get My Parking; Wooqer; Ineda Systems
Team & organisation
Founder/key person: Sudhir Rao ([contact on file]). Specific fund team size not disclosed.
Category I AIF — Venture Capital Fund (SEBI Reg. IN/AIF1/13-14/0064, registered 29-Jul-2013). Cross-border early-stage tech fund. IndusAge Partners later combined with Walden Riverwood Ventures to form WRVI Capital, now rebranded Celesta Capital; principal Sudhir Rao now at Celesta. Registry HQ listed Bangalore but operational office is Chennai (123A Justice Ramaswamy St, Adyar, Chennai 600020).
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Frequently asked
- What does INDUSAGE TECHNOLOGY VENTURE FUND I invest in?
- Early-stage technology venture capital — IP-led/deep-tech technology and tech-services companies (mobility, cloud, telecom, consumer internet, energy, fintech, health)
- How do I pitch INDUSAGE TECHNOLOGY VENTURE FUND I 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.
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About this record
- ⚑ rebrand — IndusAge Partners later combined with Walden Riverwood into 'WRVI Capital'; legacy indusage.com domain now 301-redirects to celesta.vc, so no live standalone IndusAge site confirmed
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://www.sebi.gov.in/sebi_data/attachdocs/1480410338614.pdf; https://www.celesta.vc/people/sudhir-rao