A initiative by Harmony Lifestyles Group
Harmony Ventures
We provide equity capital to early-stage sustainability-themed startups in the Indian VC ecosystem.
Harmony Ventures, the venture capital arm of Harmony Lifestyles Group, provides equity capital to early-stage sustainability-themed startups based in India, across pre-seed to Series A. We invest across four primary sectors:
Clean Tech
Climate Tech
Electric Vehicles
ESG-aligned sectors (with a particular focus on the built environment)
Process
Our investment process involves:
- Initial discussion with startup founders/fund managers to assess thesis alignment.
- Legal and financial due diligence exercise with Harmony Investment Committee.
- First cheque followed by review discussions until exit or next round of financing.
Mechanisms
Alongside our investments in the public markets (~60% allocation), we invest in the private markets (~40% allocation) in India via three mechanisms:
- Direct VC/PE funds [CAT-I or CAT-II AIFs].
- Direct equity in startups.
- Indirect VC/PE funds [CAT-III AIFs].