# Seafund

Seafund is a Venture Capital based in Bangalore, India.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Bangalore, India
- **Region:** Asia
- **Address:** Bangalore, India
- **Founded:** 2018
- **Assets under management:** Undisclosed
- **Website:** www.seafund.in
- **LinkedIn:** https://www.linkedin.com/company/salamander-technologies-inc.

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Deep Tech
- Enterprise Software
- FinTech
- Semiconductors
- SpaceTech
- AI/ML
- Cybersecurity
- Robotics & Automation
- ClimateTech
- Mobility & Transportation
- AgriTech & FoodTech
- Digital Health
- Consumer Tech

## Offices

- Delhi, India

## People

- Mayuresh Raut — Co-Founder & Managing Partner
- Manoj Kumar Agarwal — Co-Founder & Managing Partner
- Narendra Bhandari — General Partner
- Agam Gupta — Principal

## 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.

## Related profiles

- [SALA Corporation](https://altss.com/profile/sala-corporation)
- [Salem Investment Partners](https://altss.com/profile/salem-investment-partners)

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Last updated: 2026-08-11T15:08:04.536Z

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