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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 Energy, Healthcare. Most notable companies in its portfolio include Hasiru Dala Innovations, Karma Healthcare and Karma Primary Healthcare. The program is backed by a team of 6 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
Sectors of Investment
Stages of Investment
Seed & Series A
Locations of Investment

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 Energy, Healthcare, Education and 2 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Ennovent:

Key facts about Hasiru Dala Innovations

  • Founded Year: 2015
  • Location: Bengaluru (India)
  • Annual Revenue: ₹27.8Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Seed
  • Total Funding till date: $1.02M
  • Employee Count: 131 as on Aug 31, 2025
  • Investors: Social Alpha, Rainmatter and 10 Others
  • Latest Funding Round: Seed, Apr 01, 2025, $*****
Manufacturer of manual and power wheelchairs, scooters, and walkers. The company also offers custom-made wheelchairs, particularly for pediatric patients or those with specific needs. Products are categorized to match user physical condition, offering options for individuals with reduced mobility, good trunk control, partial trunk control, and those requiring positioning assistance. The company provides support and resources for users, including testimonials and information on choosing the right mobility device.

Key facts about Karma Healthcare

  • Founded Year: 2007
  • Location: Kolkata (India)
  • Annual Revenue: ₹57.4Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Seed
  • Total Funding till date: $5.2M
  • Employee Count: 119 as on Dec 31, 2024
  • Investors: Ankur Capital, 1Crowd and 14 Others
  • Latest Funding Round: Seed, Mar 20, 2018, $*****
  • Highlight: Editors' Pick
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

  • Founded Year: 2014
  • Location: Hyderabad (India)
  • Annual Revenue: ₹9.19Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Series A
  • Total Funding till date: $3.26M
  • Employee Count: 36 as on Aug 31, 2025
  • Investors: UBS, Ankur Capital and 63 Others
  • Latest Funding Round: Series A, Aug 07, 2024, $*****
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: ₹10.8Cr 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, $*****
Manufacturer and distributor of solar-powered assets for off-grid communities. This company designs and manufactures solar home systems and portable solar lighting solutions. These products are specifically engineered to meet the needs of households and communities lacking reliable electricity access. The focus is on providing sustainable energy solutions that also generate income opportunities. The company offers a range of products, including portable solar lamps and larger solar home systems.

Key facts about Barefoot Power

  • Founded Year: 2005
  • Location: Sydney (Australia)
  • Stage: Series B
  • Total Funding till date: $6M
  • Employee Count: 51 - 200 as on Jul 01, 2024
  • Investors: Unitus, Insitor Partners and 8 Others
  • Latest Funding Round: Grant (prize money), Feb 01, 2018, $*****

Ennovent's Investments by Stage

Ennovent has made 6 investments in Seed stage with an average round size of $506K and 1 investment in Series A stage.
Here are Ennovent's investments by stage:
Stage of entry
No. of Investments
Seed
6
Series A
1
Breakdown of Ennovent's investments by stage of entrySeed (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 Education, Energy, Environment, HealthTech and Healthcare. Notably, it has invested in 4 Consumer (B2C) companies, 4 Social impact companies and 2 Tech companies.
Here are Ennovent's investments by sector:
Sector
No. of Investments
Education
1
Energy
1
Environment
1
HealthTech
1
Healthcare
1
Breakdown of Ennovent's investments by sectorsEducation (1)Energy (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.
Here are Ennovent's investments by geography:
Country
No. of Investments
India
6
Australia
1
Breakdown of Ennovent's investments by countriesIndia (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
7651
-
Apr 21, 2021
India
Seed
6097
Dec 12, 2020
India
Seed
1314
  [+1]
Mar 20, 2018
India
Seed
1174
  [+3]
Feb 02, 2018
India
Seed
6804
  [+30]

Team profile of Ennovent

Ennovent has a team of 6 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, 95 investors have co-invested in Ennovent's portfolio companies. This includes funds and angels.

  • Invested before EnnoventSocial Alpha, Ranganathan TS and 15 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 Ennovent13 investors entered a company along with Ennovent. These include investors like Ankur Capital (3 companies).
  • Invested after EnnoventA total of 65 investors have invested in Ennovent's portfolio after their investments. Top Investors include Beyond Capital Fund (1 company) and Maharashtra State Innovation Society (1 company).

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