Avaana Appoints New Investment Principal

Vishnu Rajeev, Investment Principal, Avaana Climate and Sustainability Fund

Mumbai-based Avaana Climate and Sustainability Fund, solidifies its leadership team by roping in Vishnu Rajeev – the erstwhile Mobility and Climate Tech Lead at Axilor Ventures – as an Investment Principal and promoting Shruti Srivastava, former Principal to the role of Investment Director. In addition to investments, Vishnu and Shruti will work closely with founders and portfolio companies in the Fund’s focus sectors of energy transition, resource management, mobility, supply chain decarbonisation, and sustainable agriculture and food systems.

Speaking on the appointments, Anjali Bansal, Founder of Avaana Capital shared, “We are delighted to welcome Vishnu to the Avaana team and to recognize Shruti’s exceptional contributions to Avaana. Climate action and sustainability are emerging as the next big mega trend, with significant global capital coming in the space. We are seeing exceptional founders now working to solve global Climate. In India, the confluence of significant corporate interest, policy support, continuing technology and digitization, and excellent quality of entrepreneurial talent makes it a window of opportunity for Avaana, India’s leading Climate Tech investment platform. We already see 200 new climate opportunities every quarter, and our team enhancements have only accelerated our ongoing momentum.”

Earlier this year, the Fund had onboarded Swapna Gupta as a Partner. Swapna was previously at Qualcomm Ventures where she invested in several category leaders including Shadowfax and Ninjacart.

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