Peaceful Progress and Magnivia Ventures have partnered together to support deep-tech investments, strengthening their mission to empower innovation!
With India placing greater focus on building its deep-tech ecosystem, this partnership allows them to combine their networks, expertise, and on-ground insights to identify and support high-potential founders. By tapping into this growing momentum, they aim to back promising opportunities and play a meaningful role in shaping the country’s innovation journey.
About Magnivia Ventures:
Founded in 2014 by Mr. Abhi Anuket, a wall-street trained finance specialist and entrepreneur, in the United States, Magnivia Ventures is a US–India cross-border strategic investment and venture development firm focused on catalyzing and scaling transformative innovation in aerospace & defense, aviation, energy and climate, mobility, advanced manufacturing, with a selective focus on its industries of the future thesis.
Headquartered in New Jersey and Mumbai with remote presence in other international markets, and operating through a fully integrated platform of investment vehicles, research driven centers of excellence, resource infrastructure, Magnivia Ventures combines capital, advisory expertise, and GTM enablement to support IP led deep-tech startups that have the potential to create large scale impact.
The firm and its team has historically worked with various Fortune 500 organizations and the team continues to strengthen the pipeline of opportunities within this network. The team in India is led by Director of Investments, Mr. Sriram G Sastrigal and the Director of Corporate Strategy, Mr. Abhranil M Chatterjee. Leveraging a robust global network of academia, OEMs, and investors, the firm is most impactful in providing global market access to propel breakthrough technologies from innovation to commercialization worldwide.
About Peaceful Progress:
Founded in 2022, Peaceful Progress is a SEBI-registered CAT-I Angel Fund with a dynamic portfolio of 23 investments across tech-enabled sectors, including mobility (EVs and drones), consumer innovations, and disruptive technology ventures. The fund has backed leading names such as Bombay Shaving Company, Zypp Electric, Garuda Aerospace, Revamp Moto, Zomoz and Uravu Labs. Having recently closed its first fund at INR 50 Crores, Peaceful Progress remains committed to supporting early-stage businesses that drive industry transformation. Over the next three years, it aims to invest in more than 25 groundbreaking startups, fuelling innovation and growth.
This partnership is open to receiving project submissions and pitch decks for a review from founders and teams between the late seed to Series B journey! Reach out to their team below.
Magnivia Ventures Team:
Mr. Abhi Anuket, Founder and Managing Director
Mr. Sriram G Sastrigal, Director – Investments
Mr. Abhranil M Chatterjee, Director – Corporate Strategy & Partnership
Peaceful Progress – The General Partners
Mr. Chandrashekar Kupperi, Mr. Srinivasan Arunachalam, Mr. Kamal Kumar Agarwal, Mr. Sitaraman Parthasarathy
