Pavestone VC
Pavestone VC backs Indian deep-tech, aerospace, robotics, enterprise software, and industrial technology companies.
Overview
Pavestone VC is an India-focused venture capital firm founded in 2021. It backs businesses developing technology for complex industrial and enterprise problems, with an emphasis on scientific innovation, engineering capabilities, and solutions that can scale across markets.
Investment Focus and Stage
Pavestone invests in early-stage and growth-stage companies, with reported investments ranging from $1 million to $10 million depending on the company's maturity. Its focus areas include deep tech, enterprise software, robotics, artificial intelligence, defence technology, logistics, energy, and advanced manufacturing.
The firm looks for businesses with differentiated technology and the potential to address large, difficult markets. Its investment interests extend to aerospace, industrial automation, supply-chain infrastructure, and other sectors where engineering depth and specialised intellectual property can create a competitive advantage.
Fund Size and Portfolio
Pavestone Technology Fund is a SEBI-registered Category I alternative investment fund. The platform reports more than ₹800 crore in fund capital and follows a selective investment strategy, backing companies with established market traction as well as early-stage businesses developing scientific and engineering innovations.
Its portfolio includes NewSpace Research Technologies, Bizom, Bellatrix Aerospace, CynLr, and LivNSense. These companies work across aerospace and defence, supply-chain analytics, satellite propulsion, industrial robotics, and AI-powered industrial sustainability.
Leadership
Pavestone VC's leadership team includes Sridhar Rampalli, Managing Partner and Chief Investment Officer, who previously founded Blue Ocean Multi-Client Family Office and co-founded Parampara Early-Stage Opportunities Fund.
Srikanth V. J. Tanikella, Managing Partner, previously served as Chief Operating Officer at CAMS and held leadership roles at Williams Lea, HP, Infosys BPO, and Accenture.
V. Laxmikanth, Managing Partner, has more than 35 years of experience in business strategy, sales, product innovation, and mergers and acquisitions. He previously served as India Managing Director at Broadridge Financial Solutions.