Sector Focus
AVF focuses on five sectors where technology-enabled
innovation is most critical to India’s economic future,
and where AVF has developed domain expertise,
sector networks, and underwriting capability.
Enterprise Technology
AI, SaaS, and
Enterprise Technology
India is producing world-class enterprise software and AI-driven platforms. We back B2B SaaS and AI-first companies with strong growth trajectories, improving unit economics, and the potential to become category leaders — in India or globally.
Defense Technology
Deep Tech and
Defense Technology
India's defense and deep technology sectors are opening to private capital at an unprecedented pace. The iDEX program, ISRO's commercialization push through IN-SPACe, and the liberalisation of defense procurement are creating a new generation of deep-tech companies. We provide patient capital and regulatory navigation support to companies operating in these complex, high-potential sectors.
Sustainability
Climate Tech and
Sustainability
India's climate transition is a multi-decade investment opportunity. We back companies across clean energy, energy efficiency, sustainable infrastructure, and climate-resilient agriculture — businesses where commercial opportunity and climate impact are inseparable.
Financial Infrastructure
Fintech and
Financial Infrastructure
Credit, payments, insurance, and embedded finance. As a financial services group, we bring a practitioner’s perspective on the opportunities and challenges in the sector. We back companies building the next layer of India's financial infrastructure — particularly those operating in underserved credit markets or building B2B financial rails.
MedTech
Healthcare and
MedTech
India's healthcare system requires a fundamental upgrade in access, affordability, and quality. We invest in companies using technology to expand the reach of quality healthcare, reduce the cost of diagnostics and treatment, and improve patient outcomes.