# TechNova Ventures

TechNova Ventures is a Venture Capital based in Mumbai, India.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Mumbai, India
- **Region:** Asia
- **Address:** Mumbai, Maharashtra, India
- **Founded:** 1952
- **Assets under management:** Undisclosed
- **Website:** technova.co.in

## Regulatory record

- **Reports private funds:** No

## About

TechNova Ventures is a Mumbai-based investment company that employs a Venture Capital strategy.

## Sectors

- Enterprise Software
- AI/ML
- Education

## People

- Shelina Pranav Parikh — Founder and Joint MD
- Pranav Natverlal Parikh — Founder and Chairman

## Questions

### Who runs investment decisions at TechNova Ventures?

Shelina Pranav Parikh, the group's joint managing director, heads TechNova Ventures. She operates alongside her father Pranav Natverlal Parikh, who founded TechNova Group and serves as chairman. Shelina Parikh is a Harvard Business School alumna and holds independent director roles at Zydus Lifesciences and Tube Investments of India.

### What investment stages does TechNova Ventures target?

The firm focuses on early-stage investments, specifically pre-seed and seed rounds. It concentrates on Indian startups and uses direct equity structures rather than fund commitments, as evidenced by its co-investment in Clever Harvey alongside Multiply Ventures.

### How does TechNova Ventures source its deals?

Deal flow comes through the Parikh family's deep corporate networks in Mumbai. Shelina Parikh's membership in the Young Presidents Organization and her founding role in the Indian chapter of Entrepreneurs Organization provide direct access to founder communities. Her board seats at Zydus Lifesciences and Tube Investments also create a bridge into India's wider corporate leadership.

### Which sectors does TechNova Ventures focus on?

The firm concentrates on enterprise software, artificial intelligence and machine learning, and education technology. Its confirmed portfolio includes Clever Harvey, an edtech company. Sector exclusions have not been publicly stated.

## Related profiles

- [Technology Partners](https://altss.com/profile/technology-partners)
- [Teknoseed](https://altss.com/profile/teknoseed)

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Last updated: 2026-06-03T20:00:00.000Z

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