About Ennovent
Ennovent, an accelerator and incubator program founded in 2008, is based in Vienna, Austria. With a presence in 2 countries, it has supported around 7 startups in sectors like Healthcare, Environment. Most notable companies in
its portfolio include Hasiru Dala Innovations, Karma Primary Healthcare and Barefoot Power. The program is backed by a team of 5 people who primarily support Seed startups based in India. Its latest investment was a Undisclosed Series A round in ERC Lens on Apr 21, 2021.
Key Metrics
Founded Year
2008
Location
Vienna, Austria
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Series A
Ennovent's List of Top Investments
Ennovent has a portfolio of 7 companies. Their most notable investments are in Anant Learning and Development and ERC Lens.Their portfolio spans across India and Australia. They have invested in Healthcare, Environment, Energy and 2 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Ennovent:Provider of waste management and circular economy services. It services include the collection, transport, and processing of municipal solid waste for bulk generators. It operations involve the provision of composting solutions, event waste management, and the aggregation of plastic waste for recycling. The business integrates informal waste workers into the circular economy value chain to facilitate the recovery and processing of materials.
Key facts about Hasiru Dala Innovations
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.02M
- Employee Count: 114 as on Mar 31, 2026
- Investors: Rainmatter, Yunus Social Business and 12 Others
- Latest Funding Round: Seed, May 10, 2024, $*****
Karma Healthcare is a developer of an online platform for primary health services remotely. It offers tech-enabled remote patient monitoring services for rural villages and rural health clinics in villages. It also offers remote consultation with a doctor for multiple diseases. The clinic staffs a community health worker, who records vital parameters, facilitates a video consultation between the patient and a physician, prints the e-prescription emailed by the doctor, and provides free of cost medicines.
Key facts about Karma Primary Healthcare
Manufacturer of solar powered lighting and home energy storage systems. Operations include the development and distribution of portable lamps and energy units for residential use. These assets generate power for illumination and electronic device operation in areas lacking connection to electrical infrastructure. Equipment designs focus on technical durability and functionality for off-grid environments.
Key facts about Barefoot Power
- Founded Year: 2005
- Location: Sydney (Australia)
- Stage: Series B
- Total Funding till date: $6M
- Employee Count: 70 as on Sep 30, 2026
- Investors: Insitor Partners, GoBeyond and 8 Others
- Latest Funding Round: Grant (prize money), Feb 01, 2018, $*****

4. ERC Lens
Retailer of eyeglasses, computer glasses, reading glasses, kids glasses, and lenses. They provide eye tests, hospital appointments, and cataract surgery. Additionally, they offer home eye tests and eye test camps. Products include eyeglasses, computer glasses, reading glasses, contact lenses, sunglasses, kids' glasses, and power lenses. Services encompass home eye tests, hospital appointments, and cataract surgery.
Key facts about ERC Lens
- Founded Year: 2013
- Location: Guwahati (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $2.36M
- Employee Count: 62 as on Mar 31, 2025
- Investors: The World Bank, Ankur Capital and 6 Others
- Latest Funding Round: Series A, Sep 29, 2021, $*****
5. Sudiksha
Sudiksha operates pre schools which caters to lower income group. Operates in franchisee model of business. Sudiksha currently manages 12 schools in Hyderabad and 6 in rural Andhra Pradesh. Started in 2010, Co-founded by alumni of Indian Institute of Forest Technology Bhopal.
Key facts about Sudiksha
Ennovent's Year-on-Year Investment Trends
Ennovent has invested in 7 companies over the last 15 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Karmaprimaryhealthcare and most recent follow-on round was in ERC Lens.Ennovent's Investments by Stage
Ennovent has made 6 investments in Seed stage with an average round size of $188K and 1 investment in Series A stage.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 1 |
Note: We have considered here, only first round of investments
Ennovent's Investments by Sector
Ennovent has a diverse portfolio, with companies operating in the Environment, Healthcare, Education, Energy and HealthTech. Notably, it has invested in 5 Social impact companies, 3 Consumer (B2C) companies, 1 Enterprise (B2B) company and 1 company focusing on Tech.Sector | No. of Investments |
|---|---|
Environment | 2 |
Healthcare | 2 |
Education | 1 |
Energy | 1 |
HealthTech | 1 |
Note: We have considered here, only first round of investments
Ennovent's Investments by Geography
Ennovent has made most investments in India (6), followed by Australia where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 6 |
Australia | 1 |
Note: We have considered here, only first round of investments
Ennovent's recent investments
Ennovent has not made any investment in 2026 so far.Here are the most recent investments by Ennovent:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 21, 2021 | India | Series A | 2196 | - | |
Apr 21, 2021 | India | Seed | 8010 | [+1] | |
Dec 12, 2020 | India | Seed | 5660 | [+1] | |
Mar 20, 2018 | India | Seed | 9582 | [+3] | |
Feb 02, 2018 | India | Seed | 5343 | [+30] |
Team profile of Ennovent
Ennovent has a team of 5 members including 2 Partners. Ennovent's team does not sit on the board of any company as of now.Co-investors of Ennovent
Over the past 15 years, 86 investors have co-invested in Ennovent's portfolio companies. This includes funds and angels.
- Invested before Ennovent: Social Alpha, Ranganathan TS and 4 others have invested in rounds before Ennovent. There is 1 company where Social Alpha has invested before Ennovent and 1 company where Ranganathan TS has invested before Ennovent.
- Top Co-investors of Ennovent: 12 investors entered a company along with Ennovent. These include investors like Ankur Capital (3 companies).
- Invested after Ennovent: A total of 68 investors have invested in Ennovent's portfolio after their investments. Top Investors include Beyond Capital Fund (1 company) and Elea (1 company).
Recent News related to Ennovent
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Karma Primary Healthcare Secures $1.3 Mn Series A Funding from UBS Optimus FoundationViestories•Aug 07, 2024•Karma Primary Healthcare, UBS, 1Crowd, Ennovent and 3 others
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Karma Healthcare raises Rs. 3 crore from 1Crowd, Ankur Capital & othersIndiatimes•Mar 20, 2018•Karma Primary Healthcare, 1Crowd, Ankur Capital, Beyond Capital Fund and 27 others
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Karma Primary Healthcare raises funds from 1Crowd, othersDeal Street Asia•Feb 02, 2018•Karma Primary Healthcare, 1Crowd, Ankur Capital, Beyond Capital Fund and 27 others
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ERC Eye Care, trading platform STREAK raise fundingDeal Street Asia•Jan 17, 2018•ERC Lens, ERC Eye care, Ennovent, Ankur Capital
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Udaipur based rural health provider Karma Healthcare bags funding from Ankur CapitalFranchise India•Sep 29, 2017•Karma Primary Healthcare, Ankur Capital, Ennovent, Beyond Capital Fund
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Ennovent Impact Investment Holding invests in Karma HealthcareEnnovent•Jun 01, 2015•Karma Primary Healthcare, Ankur Capital, Ennovent, Beyond Capital Fund
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Ennovent Impact Investment Holding invests in Karma HealthcareEnnovent•Jun 01, 2015•Karma Primary Healthcare, Ennovent, Ankur Capital
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