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Backing India’s deep-tech future
Managed by The Innovation Fund
Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
The Innovation Fund Trust is a SEBI-registered Category II Alternative Investment Fund focused on backing deep-tech and innovation-led startups. Managed by The Innovation Fund Advisors Private Limited, the platform is closely associated with the Bharat Innovation Fund ecosystem, targeting breakthrough technologies across sectors such as AI, enterprise tech, healthcare, and advanced engineering. The fund invests in companies building globally competitive products from India, emphasizing strong technical moats and scalable business models. With a team of experienced investors and operators, the fund provides capital along with strategic guidance, helping startups navigate growth, product development, and global expansion.

Ashwin Raguraman
Co-founder & Partner
Ashwin Raguraman is Co-founder and Partner at The Innovation Fund, with experience in venture capital and deep-tech investing.
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View the investment manager profile with all PMS strategies and AIFs under The Innovation Fund.