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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 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
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 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

  • Founded Year: 2014
  • Location: Hyderabad (India)
  • Annual Revenue: 0 - ₹10 Cr 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, Aeroflex Enterprises and 64 Others
  • Latest Funding Round: Series A, Aug 07, 2024, $*****
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, $*****
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, $*****
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

  • Founded Year: 2010
  • Location: Hyderabad (India)
  • Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2023
  • Valuation: $*****
  • Stage: Seed
  • Total Funding till date: $707K
  • Employee Count: 17 as on Sep 30, 2026
  • Investors: Pearson, Gray Matters Capital and 8 Others
  • Latest Funding Round: Seed, Nov 15, 2017, $*****

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.
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 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.
Here are Ennovent's investments by sector:
Sector
No. of Investments
Environment
2
Healthcare
2
Education
1
Energy
1
HealthTech
1
Breakdown of Ennovent's investments by sectorsEnvironment (2)Healthcare (2)
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
2196
-
Apr 21, 2021
India
Seed
8010
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).

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