What stage does pi Ventures invest at?

pi Ventures invests at the Seed and Series A stages.

What sectors does pi Ventures invest in?

pi Ventures focuses on Applied AI, Machine learning, Deeptech, Healthtech and IoT.

Who are the partners at pi Ventures?

Key people include Manish Singhal (Founding Partner) and Umakant Soni (Co-founder (former)).

Where is pi Ventures based?

pi Ventures is headquartered in Bengaluru.

Does pi Ventures invest in women founders?

pi Ventures is a generalist fund and backs strong founders regardless of gender, women founders included. For funds with an explicit women-founder mandate, see our women-focused funds list.

Early-stage VC · Seed–Series A · Bengaluru

pi Ventures

Verified by Women Can Startup

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Snapshot

Firm type: Early-stage VC
Founded: 2016
Headquarters: Bengaluru
Fund / AUM: Fund I ₹225 Cr (final close 2018); Fund II reported at ~₹702 Cr
Geographies: India
Leads rounds: Yes
Last updated: 23 July 2026

About pi Ventures

An early-stage deep-tech fund backing startups that build defensible IP in applied AI, ML and IoT across healthcare, enterprise and industrial problems.

pi Ventures is an early-stage vc based in Bengaluru, founded in 2016, investing in India. It backs companies at the Seed and Series A stages, with a focus on Applied AI, Machine learning, Deeptech, Healthtech and IoT. It usually leads the rounds it joins.

On fund size, the firm reports Fund I ₹225 Cr (final close 2018); Fund II reported at ~₹702 Cr. Its portfolio includes SigTuple, Niramai, Locus.sh, Zenatix and Ten3T Health.

Investment focus

Stages

Seed Series A

Sectors

Applied AI Machine learning Deeptech Healthtech IoT

Notable investments

5 of pi Ventures’s better-known bets, grouped by sector. Names in coral open the company’s profile or founder story on this site.

AI diagnostics

SigTuple

AI cancer screening

Niramai

Logistics AI

Locus.sh

IoT & energy

Zenatix

Healthtech

Ten3T Health

How to pitch pi Ventures

Practical pointers drawn from what pi Ventures says it backs. Always confirm the current focus and process with the firm before you reach out.

They invest at Seed and Series A. Approach them when your company is with an early product and first signs of traction, through to companies with clear product-market fit and early revenue.
Their focus is Applied AI, Machine learning, Deeptech, Healthtech and IoT, so lead with why you fit there.
The strongest way in is a warm introduction, ideally from a founder they have backed, such as SigTuple, Niramai and Locus.sh.
You can find the team and their current focus on their website, linked below.

Partners

Manish Singhal

Founding Partner

Umakant Soni

Co-founder (former)

Website & links

Website ↗

Frequently asked questions

What stage does pi Ventures invest at?: pi Ventures invests at the Seed and Series A stages.
What sectors does pi Ventures invest in?: pi Ventures focuses on Applied AI, Machine learning, Deeptech, Healthtech and IoT.
Which companies has pi Ventures invested in?: Notable investments include SigTuple, Niramai, Locus.sh, Zenatix and Ten3T Health. See the full list on this page.
Who are the partners at pi Ventures?: Key people include Manish Singhal (Founding Partner) and Umakant Soni (Co-founder (former)).
Where is pi Ventures based?: pi Ventures is headquartered in Bengaluru.
Does pi Ventures invest in women founders?: pi Ventures is a generalist fund and backs strong founders regardless of gender, women founders included. For funds with an explicit women-founder mandate, see our women-focused funds list.