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Helping founders build valuable companies
Micelio Investment Trust (officially known as 'Micelio Technology Fund I') is a SEBI-registered Category I Alternative Investment Fund – Venture Capital Fund (IN/AIF1/19-20/0748), registered on November 22, 2019, and managed by Axilor Investment Advisors LLP (LLPIN: AAK-7787). The fund is dedicated to investments in the Clean Mobility sector — electric vehicles, EV infrastructure, battery technology, sustainable transportation, and allied cleantech segments. Micelio is a specialised fund within the Axilor Ventures ecosystem, which was co-founded in 2014 by iconic Infosys co-founders Kris Gopalakrishnan (S. D. Shibulal), S. D. Shibulal, and Srinath Batni, along with Ganapathy Venugopal (CEO) and Professor Tarun Khanna (Harvard Business School). Axilor runs a broader seed and early-stage investment platform from its JP Nagar, Bengaluru headquarters. Micelio's clean mobility investments are led by Alok Sood (Principal at Axilor), who has previously worked at Unitus Capital's Clean Mobility practice. The fund co-manages the Axilor Technology Fund II (IN/AIF2/22-23/1176) under the same manager entity. Notable portfolio companies include Kinetic Green, TrijN (material solutions), Euler Motors, Svitch, Log9 Materials, Ziptrax, and Altigreen.
Axilor takes a thesis-driven, sector-focused approach at the fund level while going deep at the sector level — betting that the best early-stage investors are those who combine thesis conviction with active portfolio support. The core belief is that 'capital does not create value, founders do' — Axilor's role is to make the Seed-to-Series A journey easier through capital at founder-friendly terms, talent acquisition support, industry expertise, tech partnerships, and a 400+ founder community. Axilor goes wide at the fund level but deep at the sector level, maintaining vertical-specific expertise in healthcare, enterprise SaaS, agritech, climate-tech, clean mobility, and supply chain. The firm also runs Axilor Labs — an initiative that incubates innovative deep-tech and IP-led ideas from scratch at the intersection of innovation and impact.
Ganapathy Venugopal
Co-Founder & CEO / SEBI Contact Person
Ganapathy Venugopal (VG) is Co-Founder & CEO of Axilor Ventures and the designated SEBI contact person for Axilor Investment Trust. Prior to co-founding Axilor, he was Head of Strategy & Planning at Infosys, having spent his first 15 years in leadership roles helping large corporates manage and mitigate risk. At Axilor, he focuses on commerce, fintech, and enterprise SaaS, and serves on the boards of several portfolio companies. He holds a B.E. and a postgraduate degree in management from IIM Lucknow.
S. Gopalakrishnan
Co-Founder & Chairman
Senapathy 'Kris' Gopalakrishnan is Chairman of Axilor Ventures and one of the seven co-founders of Infosys. He served as CEO & MD of Infosys from 2007 to 2011 and Vice Chairman from 2011 to 2014. Recognised as a global technology thought leader, he was voted top CEO (IT Services) in Institutional Investor's inaugural Asia ranking (2011) and selected to Thinkers 50 (2009). He was President of CII for 2013-14 and co-chaired the World Economic Forum in Davos in January 2014. In January 2011, the Government of India awarded him the Padma Bhushan. He serves on the Board of Governors of OIST and is Chairman, Board of Governors of IIIT Bangalore. He holds Master's degrees in Physics and Computer Science from IIT Madras.
S.D. Shibulal
Co-Founder
S.D. Shibulal is a co-founder of Axilor Ventures and one of the seven co-founders of Infosys (1981). He served as CEO & MD of Infosys from 2011 to 2014 and is credited with creating the Global Delivery Model that set a new standard for outsourced IT services. He is Trustee of the Infosys Science Foundation, Member of the Board of Trustees of Boston University, Member of the Board of Managers of Haverford College, and Chairman of the High Power Digital Advisory Committee of Kerala.
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Srinath Batni
Co-Founder / Designated Partner
Srinath Batni served as a member of the Board of Directors at Infosys from 2000 to 2014, responsible for delivery excellence across the company. He joined Infosys in June 1992 and held various roles from project management to heading key business units. He also served on the Executive Council of NASSCOM and is a non-executive Board Member at Axiscades Ltd and Global Edge Software Ltd.
Alok Sood
Principal – Clean Mobility
Principal at Axilor leading Clean Mobility investments for the Micelio Fund. Previously an Investment Banker at Unitus Capital where he set up the Clean Mobility practice.
Prof. Tarun Khanna
Co-Founder
Tarun Khanna is the Jorge Paulo Lemann Professor at Harvard Business School and Director of Harvard University's Lakshmi Mittal & Family South Asia Institute. For over 25 years he has studied entrepreneurship as a means of economic development. His online course on Entrepreneurship in Emerging Economies has been taken by more than half a million students across 200 countries. He serves on the boards of AES Corporation, InMobi (India's first unicorn), and Boston's Museum of Fine Arts. He is a co-founder of several ventures across the developing world.
Shubham Suresh Patel
Compliance Officer
Compliance officer at Axilor for all SEBI-registered AIF funds including Micelio Technology Fund I and Axilor Technology Fund II. Contact: compliance@axilor.com, +91-81689-67488.
Prachi Sinha
Partner — Healthcare, Agritech & Climate-Tech Investments
Prachi Sinha heads Healthcare, Climate-tech, and Agritech Investments at Axilor. She has a decade of public policy and consulting experience at organisations including Janaagraha and McKinsey, with a focus on business model viability, go-to-market strategies, corporate partnerships, and regulatory pathways. She is an MBA from ISB and an Economics graduate from Fergusson College, Pune.
Alok Chauhan
Principal — Clean Mobility (Micelio Fund)
Alok Chauhan leads Clean Mobility investments for Axilor's Micelio Fund. Previously he was an Investment Banker at Unitus Capital (impact-focused IB) where he set up the Clean Mobility practice, and has also worked at EY and Goldman Sachs. He is a CFA charterholder and holds a B.B.M. from Bangalore University.
Sanjana Manku
Senior Associate — Climate-Tech & Health-Tech Investments
Sanjana Manku is a Senior Associate at Axilor focusing on Climate and Health-Tech investments. Prior to Axilor she worked with January Capital (Singapore, B2B Commerce & Enterprise SaaS) and Wavemaker Impact's climate-tech venture build. She also has experience at PwC, Deloitte, and Vymo. She is a Chartered Accountant and holds an MBA from the National University of Singapore and a B.Com from Christ University.
Nidhi Mathur
Head — Axilor Labs
Nidhi Mathur focuses on incubating innovative ideas under the Axilor Labs initiative. She is a serial entrepreneur who co-founded Niramai (an AI startup for breast cancer screening, also an Axilor portfolio company). Previously she worked with corporate research labs and incubation offices on business models bridging the affordability and accessibility divide in emerging markets. She is an alumnus of IIM Bangalore (Marketing & Strategy).
Shubham Patel
Senior Manager — Legal & Compliance
Shubham Patel is Senior Manager of Legal and Compliance at Axilor, supporting portfolio companies on investment documentation and compliance. Prior to Axilor, he was a Senior Associate at Sarvaank Associates, practising Commercial Law and Private Equity. He holds a BBA LLB (Hons.) from Jindal Global Law School.