Get All Access for $5/mo

Synapses Launches USD 125 Mn Climate and Health Venture Fund The New Delhi-based venture capital firm aims to use the limitless potential of human intelligence, business, and teamwork to address the climate change crisis that the world is currently facing.

By Paromita Gupta

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

[L-R] Karthik Chandrasekar & Ruchira Shukla, Co-founders & Managing Partners of Synapses

Synapses, a venture capital firm devoted to finding and advancing STEM-based (Science, Technology, Engineering, and Mathematics) solutions for health and climate change, on Tuesday announced the launch of a USD 125 million venture fund.

The fund aims to use the limitless potential of human intelligence, business, and teamwork to address the climate change crisis that the world is currently facing.

It intends to invest in five to six firms in seed to Series B rounds before wrapping up its first investment round in September or October.

Ruchira Shukla, Co-founder and Managing Partner of Synapses, said, "Climate change and an increasing disease burden are the defining challenges of our generation. Synapses is built on the belief that science and technology hold the key to solving these challenges at scale, not just for India but for the world."

"We are nurturing a new generation of audacious, path-breaking innovators and helping them build leading global technology businesses to deliver outsized financial returns," she added.

Founded by IIT alumni and veteran investors, Ruchira Shukla and Karthik Chandrasekar, Synapses seeks to close the gap between scientific innovation and commercialization by supporting early-stage companies that use STEM and IP to address urgent health and climate issues and generate significant returns.

Apart from the venture fund, the Synapses platform also manages a multi-year seed investment program and an incubator in collaboration with Niti Aayog.

Karthik Chandrasekar, Co-founder and Managing Partner of Synapses, said, "The climate tech and healthtech solutions needed today sit at the intersection of STEM-innovation and agile as well as resilient, future-ready, infrastructure-like solutions that need to be deployed at utility scale. Commercialising innovations at this intersection is hard and requires deep sector immersion. We are taking on this challenge because solving for this complexity is what drives alpha and impact."

Paromita Gupta

Entrepreneur Staff

Features Writer with Entrepreneur India

Covering news and trends in AI and Metaverse segments. An avid book reader running her personal blog on the side. You may reach me at paromita@entrepreneurindia.com. 
Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Business News

'I'm Not Trying to Land on Mars': Mark Cuban Takes Dig at Elon Musk to Explain Why His Online Pharmacy Isn't Trying to Make More Money

Mark Cuban Cost Plus Drug Co. is an online pharmacy co-founded by Cuban and radiologist Alex Oshmyansky.

News and Trends

Talent, Digital Infra, Policy, and Startups Driving India's GCC Ecosystem

By leveraging its demographic dividend and evolving policies, India is uniquely positioned to become the preferred choice for global enterprises seeking scalability, resilience, and a future-ready operational base.

Leadership

I've Spent 37 Years in Business — Here's How I Beat the Odds and Stayed Ahead

For over thirty years, I have led a successful media production and communication consulting company. Only 25% of new businesses survive for 15 years or more, so I have beat the odds. But having staying power is not a matter of luck.

Entrepreneurs

This Entrepreneur is Carrying the Torch Toward a Brighter Future for the Real Estate Industry

Craig Sewing founded American Dream TV ten years ago and he seeks to empower the current and future players in real estate by providing a network that celebrates authenticity and community-driven storytelling.

Business News

'It's Not About You': How to Fire Someone Effectively, According to Kevin O'Leary

O'Leary says that if you can't fire someone, you aren't the right leader for the organization.