Siana Capital

Deep Science India Fund Trust is a SEBI-registered Category II Alternative Investment Fund (reg. IN/AIF2/18-19/0528), managed by Siana Capital Management LLP, a Bengaluru-based venture fund management company founded by Siddharth Pai. The fund was formed to invest in early to mid-stage deep science and deep technology startups across the Indian innovation ecosystem — specifically startups based on path-breaking innovations across the life cycle from seed to Series B and beyond. The fund's initial focus sectors are Healthcare & Biotechnology, Clean Energy & Water, Agriculture & Food Processing, and Robotics & Artificial Intelligence. A foundational partnership was established with the Society of Innovation and Development (SID), an initiative of the Indian Institute of Science (IISc), giving the fund access to a pipeline of deep science companies emerging from India's premier science incubators. Siana Capital maintains a presence in both Bengaluru (for deal sourcing and research) and Mumbai (for access to financial services institutions). The fund's registered Mumbai address at Axis House, Worli — historically associated with Axis Capital's operations — reflects Siddharth Pai's connectivity to institutional finance partners.

Siana Capital invests in the thesis that India's deep science and technology startups — while thriving in government-sponsored incubators — are grossly underfunded for further growth. By deploying patient, long-term capital to startups at the intersection of exact sciences and life sciences, Siana seeks to monetise this funding gap. The firm believes that the most distinguishing feature of deep science businesses is the ability to build intellectual property protections, providing durable competitive moats. Siana's vision is to become India's leading fund house in deep science and deep technology emanating from India, working closely with academic institutions, government incubators, and industry to bridge the gap between scientific innovation and commercial success.