Industrial 47

Industrial 47 (IN/AIF2/25-26/1868) is a SEBI-registered Category II AIF registered July 2025, managed by Industrial 47 Ventures Private Limited (manager legal entity pending MCA confirmation). Industrial47 is a Bengaluru-based pre-seed venture builder targeting India's deeptech industrial revolution — specifically in national security, space infrastructure, and strategic energy. The fund aims to 'Create $10 Billion in value in Indian Deeptech, this decade.' It is led by Maj Rahul Seth (Indian Army Infantry Officer/Reserves; ex-Antler VC India Director). Portfolio companies have raised $250M+ in follow-on capital. The SEBI registration address is 801, Pampess Heights Model Town Society, Gulmohar Cross Road No. 8, Juhu, Mumbai – 400049 (Rahul Seth's residential address). The website and operational office reference is Bengaluru.

Industrial47 believes that Indian engineers are no longer just coding software — they're designing satellites, building robots, revolutionising agriculture, reimagining defence, and rethinking energy. The fund backs companies with dual-use technologies that serve both commercial and national security needs, at the intersection of national security, space, and energy. Industrial47 employs a venture builder model: 'We find, fund, and scale' — taking a hands-on, roll-up-your-sleeves approach as seasoned operators. The fund is pre-seed stage, writing cheques of $500K–$1.5M in India. Cheque size and thesis overlap with IndusVridge Ventures Trust (also registered 2025, also dual-use focused) though portfolios differ.