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Seafund
Salamander Advisors LLP is a limited liability partnership and the Investment Manager for Seafund Venture India Trust, an alternative investment fund...
Seafund
Salamander Advisors LLP is a limited liability partnership and the Investment Manager for Seafund Venture India Trust, an alternative investment fund registered with SEBI. Seafund is a deep tech venture capital firm that invests early in mission-driven teams building disruptive scalable technology. It typically makes first investments of $300K to $750K at pre-seed to pre-series A, with follow-on capital set aside, and focuses on India-domiciled startups in deeptech and related sectors.
General information
Firm type
Venture Capital
Year founded
2018
Location
Region
Asia
Country
India
City
Bangalore
Corporate office
Bangalore, India
Additional offices
Delhi, India
Principals
Mayuresh Raut
Co-Founder & Managing Partner
Manoj Kumar Agarwal
Co-Founder & Managing Partner
Narendra Bhandari
General Partner
Agam Gupta
Principal
Sector focus
Frequently asked questions
Who runs investment decisions at Seafund?
Co-founders Mayuresh Raut and Manoj Kumar Agarwal lead the investment committee as managing partners. General Partner Narendra Bhandari and Principal Agam Gupta complete the four-person deal team. Raut’s background spans data science and technology leadership at GE and IBM; Agarwal’s experience includes finance and technology roles at Karuturi and Pursuit. Both hold INSEAD MBAs.
How does Seafund source proprietary deal flow?
Seafund sources through its thematic accelerator programs — a mobility initiative with Sanchiconnect, a dual-use defense partnership with India’s iDEX-DIO, and a dedicated track for Kerala-based startups — and through the partners’ deep operator networks built over two decades in Indian and global technology companies. The firm also invites founders to apply via its website.
At what stage does Seafund invest, and does it follow on?
Seafund writes the first institutional check at pre-seed, seed, and pre-Series A stages, then reserves capital for follow-on rounds. The website explicitly states “We invest early. We follow on,” and founder testimonials describe the firm staying active from seed to Series A and beyond for portfolio companies.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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