Theia Ventures

Sarla Aviation designs and manufactures electric vertical take-off and landing (eVTOL) aircraft, aiming to revolutionize urban mobility. Their aircraft feature modular, spacious cabins for multiple passengers, rapid charging capabilities, and extended operational ranges, enabling affordable, safe, and efficient flying taxi services.

Varaha specializes in generating carbon credits through innovative technology solutions aimed at combating climate change. The company operates nature-based carbon removal projects, utilizing advanced measurement technologies to ensure high-integrity carbon credits. This approach enhances smallholder livelihoods by providing sustainable income opportunities while contributing to global efforts in reducing greenhouse gas emissions and improving climate resilience.

Claim operates a social shopping app that lets brands invest directly in customer acquisition through weekly Drops, helping Gen Z discover products with friends. The platform turns brand discovery into a social experience by linking consumer credit cards and social habits, enabling users to earn cash back for finding and sharing places they love. This approach aims to attract and engage the next generation of shoppers for brands in a scalable, low-risk way.

altM is a company specializing in the research, development, and manufacturing of sustainable bio-chemicals and biomaterials. It focuses on upgrading lignocellulosic agricultural residues to create eco-friendly substitutes for traditional, unsustainable materials used in various industries, including consumer packaged goods, fast-moving consumer goods, pharmaceuticals, textiles, industrial chemicals, and packaging. By partnering with these industries, altM helps reduce their carbon footprint and promotes circularity in their supply chains.

Metastable Materials develops chemical-free lithium-ion battery recycling technology to recover metals from end-of-life batteries, including copper, aluminum, cobalt, nickel, and lithium. The company uses patented metal-extraction methods to enable a safer, net-zero circular supply chain and reduce life-cycle costs, supporting reliable access to critical raw materials for industries.

EdgeGrid is a Hyderabad-based clean-tech company that operates a power trading platform. This platform connects energy sellers with consumers, businesses, and distribution companies, facilitating the transition to a zero-carbon future. The platform manages last-mile delivery of energy-saving consumer utility bills via network-level optimization, utilizing Internet of Things, artificial intelligence, and industry innovation.

Aleph.im offers a distributed cloud platform that delivers serverless computing services, secure file storage, and database hosting.

Sheru develops a cloud-based platform that aggregates power from electric vehicles, swapping stations, and solar sources. This creates flexible storage on demand, helping providers stabilize electricity supply, reduce transmission losses, and enhance energy utilization via a scalable pay-per-use model.

Exponent Energy is a start-up dedicated to enhancing electric vehicle (EV) charging through innovative fast charging technology. The company specializes in battery-swapping infrastructure, aiming to provide a more efficient and cost-effective charging solution for EV users. It manufactures an integrated energy stack designed to minimize impedance build-up, which facilitates a smooth energy flow. This system includes a cohesive battery management system, battery pack, and charger that work in unison to streamline the charging process. By focusing on these advancements, Exponent Energy seeks to simplify and accelerate the energy replenishment for electric vehicles, catering to the growing demand for sustainable transportation solutions.

Canvaloop is a company dedicated to promoting sustainability within the textile and fashion industry by producing alternative fibers derived from hemp and other agricultural waste. The organization manufactures sustainable fibers that cater to various sectors of the textile chain, including home textiles, fashion accessories, shirting, suiting, denim, medical textiles, and sportswear. By utilizing agricultural waste, Canvaloop not only helps reduce the burning of this waste but also decreases dependence on traditional crude and cotton-based textiles. Additionally, the company aims to enhance the income of small and marginal farmers, thereby contributing to both environmental sustainability and economic development in the agricultural community.

Probus Smart Things Pvt. Ltd. is a New Delhi-based company that specializes in developing Internet of Things (IoT) solutions for electricity distribution utilities, aimed at enhancing smart grid automation. Established in 2017, the company provides an integrated end-to-end IoT platform that enables utilities to digitize their distribution grids and gain comprehensive visibility into their networks. Probus Smart Things offers an analytics dashboard that facilitates condition-based maintenance, continuous monitoring, and real-time information, allowing utilities to improve asset performance and reduce distribution losses. Their solutions support predictive and preventive maintenance, help in root cause analysis, and enable efficient scheduling and tracking of on-field operations, ultimately contributing to a more reliable power supply and potentially boosting the country's GDP.