Social Impact Funds
This India-based fund invests in selected early stage startups using innovative technologies to create scalable and sustainable social impact in the areas of health, education, energy, housing, and the environment. The ticket sizes range from 50L to 150L. The Fund is hosted on the SEBI-compliant AngelList India platform and is currently open to investments.
Companies in the Fund 1 Portfolio
MedPrime Technologies addresses the lack of availability of quality pathology services across the country through digitization and automation of microscopy, enabling tele-pathology through their products.
The company’s vision is to enable complete digitization of microscopy, thereby facilitating telepathology, remote consulting, and automation of diagnostic tests using AI-based image analysis algorithms.
Learning Matters addresses resource constraints in Indian schools by delivering affordable technology-assisted teacher training and English language skilling for students. Through its AI-powered virtual voice teacher Tara, this company seeks to fix the biggest challenge in India’s educational system: reduced teacher proficiency, leading to poor student learning outcomes.
Vidcare develops easy to use, portable health tests to make diagnostic testing convenient, accessible and available to anyone, anywhere, anytime. This enables patients, their family or healthcare workers to monitor existing health conditions and screen for infections at patient’s home rather than in a lab. Results can immediately be shared with the doctor to help make much faster clinical decisions. The first application of this technology is an affordable, self-administered hypothyroidism diagnosis test (TSH) that will be used during pregnancy, for thyroid management in other hypothyroidism patients and for screening for congenital hypothyroidism.
PadCare’s unique recycling technology closes the loop of the menstrual hygiene economy by generating recyclable output out of used pads, which would otherwise take up to 800 years to decompose. The recycled output is further used to make paper and plastic-based objects. They also provide pad vending machines to enhance the accessibility to menstrual products.
PadCare recently appeared on Shark Tank India Season 2 and generated great interest from the judges Peyush Bansal, Namita Thapar, Vineeta Singh and Anupam Mittal. Shark Peyush Bansal offered them a blank cheque on the show, it was a first in the history of the show and became the biggest sensation across the country.
Monitra Healthcare offers a robust real-time 24×7 heart monitoring solution differentiated by an AI based screening report that is of high value, saving valuable time for cardiologists across the globe. The affordable and cutting-edge nature of the solution fits Lavni Ventures thesis of supporting deep-tech startups that help address the lower half of the socio economic strata.
Cardiovascular disease is a leading cause of death. Monitra’s affordable upBeat solution will make it possible to detect Heart Rhythm Disorders (HRD) in 50M+ patients and save many lives globally.
Companies in the Lavni USA Portfolio
FlytBase is an enterprise drone automation platform which provides drone agnostic software solutions to deploy fully automated & cloud-connected commercial drones at scale.
Lavni led the SEED round for Flytbase in 2019, sits on the board and provides continuous mentorship to the company
StayQrious, selected for Y Combinator’s W2020 cohort, is an educational startup based in India, built on the mission that if children could ask curious questions that go beyond their textbooks and practice using cutting edge learning techniques, they would develop a positive growth mindset for life.Lavni participated in the SEED round for this startup and continues to mentor the founders.
DeepIQ, founded in 2016, is a developer of innovative software applications focused on simplifying the AI journey for industrial companies. Users can more effectively harness their enterprise data using DeepIQ’s comprehensive time-series, machine learning and geospatial libraries that can be deployed and scaled easily on their existing cloud platforms. Lavni is excited to invest in DeepIQ, alongside CSL Ventures and Schlumberger.
Redlist is a field-first Computerised Maintenance Management System. It helps organizations manage and streamline their maintenance operations. It is used to plan, schedule, and track maintenance activities for various assets, such as buildings, equipment, and machinery. Customers use Redlist Enterprise Asset Management, Lubrication Management, HSE (Health Safety Environment) Management and Field Service Management through their intuitive, mobile, user-friendly device interfaces.
Revterra enables quick, cost-effective and simple installation of high-powered DC fast EV chargers. Revterra’s forward-thinking, scalable grid-stabilizing kinetic battery can ease grid demands from electric vehicle charging stations. Acting as a buffer that stores kinetic energy between utility grids and EV charging stations, Revterra limits costly peak-demand rates and recharges EVs faster than ever.