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 rounds. We invest in passionate entrepreneurs with bold ideas across four sectors:

Clean Tech

Climate Tech

Electric Vehicles (EVs)

ESG-aligned sectors (with a focus on Proptech)

Process

Our investment process involves:

  1. Initial discussion with startup founders to ensure mission alignment and product-market fit.
  2. Legal and financial due diligence exercise [typically 2-3 months] with Harmony Investment Committee.
  3. Initial investment and quarterly review discussions until startup exit or next round of financing [typically 3-4 years].

Mechanisms

Alongside our investments in the public markets (~60% allocation), we invest in the private markets (~40% allocation) in India via three mechanisms:

  1. Invest directly in the startup [typically small cheque sizes in pre-seed or Series A startups].
  2. Invest through our VC fund [SEBI-registered AIF fund proposal under internal review].
  3. Invest in other VC funds [run by partners in the VC ecosystem].

Our Portfolio

STARTUPS

FUNDS

1. Artha Group

2. Omnivore

(Partially Exited)

3. TVS Capital Funds (P) Limited

(Exited)

Our Co-Investment Network

9unicorns

Our Knowledge Partners