Navam Capital

Navam Capital is a venture capital firm based in Kolkata, India, founded in 2008. The firm specializes in making seed and early-stage investments, primarily focusing on the sectors of energy, technology, and healthcare. Its investment strategy emphasizes identifying and supporting innovative companies that have the potential for significant growth and impact. By concentrating on these key areas, Navam Capital aims to foster advancements that can contribute to the development of sustainable solutions and transformative technologies in India and beyond.

Rajeev Mantri

Founder and Managing Director

Tarun Mehta

Venture Partner

Shiladitya Sengupta Ph.D

Venture Partner

Past deals in Drones

Vayudh

Venture Round in 2025
Vayudh's aim is to create next-generation nanodrones and swarming technologies for modern defense and security applications.

Aereo

Series B in 2024
Aereo is a Bangalore-based Indian drone manufacturer and solutions provider focused on end-to-end enterprise drone technology for industries including urban and rural development, agriculture, mining, construction, irrigation, forest conservation, renewable energy, and infrastructure. Founded in 2013 as Aarav Unmanned Systems at IIT Kanpur, it offers survey-grade drones with secure three-dimensional web-GIS and 360-degree visibility, enabling users to process over fifty thousand images per instance with multi-stage quality checks. The company has introduced India’s first DGCA-certified survey-grade PPK drone and has mapped over 34,000 villages, touching the lives of more than 45 million people through aerial intelligence that supports critical decision-making and productivity.

TechEagle

Convertible Note in 2024
TechEagle is a drone logistics company focused on ultrafast, temperature-controlled last-mile delivery for healthcare, e-commerce and essential goods. It develops long-range, heavy-payload drones and autonomous fleet management systems, backed by cloud-based software and UTM traffic management to coordinate operations. The company serves multiple sectors including healthcare, e-commerce, maritime, hyperlocal and government, and has executed projects with organizations such as AIIMS and India Post. Based in India, TechEagle holds regulatory approvals for operations in restricted airspace, underscoring its commitment to safe, reliable deliveries of medicines, vaccines and perishables. Its technology enables doorstep package delivery through a global drone delivery network, positioning TechEagle as a leader in drone-enabled logistics.
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