Enventure: An Interview With Ankit Shrivastava About This Space, Sustainability, And Healthcare-Focused Firm

By Amit Chowdhry • Sep 7, 2024

Enventure is an investment firm at the forefront of innovation, inclusivity, and global impact. Pulse 2.0 interviewed Enventure founder and managing partner Ankit Shrivastava to learn more about the firm.

Ankit Shrivastava’s Background

What is Ankit Shrivastava’s background? Shrivastava said:

“I have over 23 years of experience in consulting and business strategy, including working at IBM, Deloitte, and Publicis, where I specialize in driving business strategy and transformation, financial management, and market insights for Fortune 500 companies.”

“As the Founder and Managing Partner of Enventure, a Private Equity & Venture Capital firm, I focus on driving innovation in sectors like Space, Sustainability, and Healthcare through strategic investments in the USA and India.”

“My goal is to continue applying industry and operational expertise and ecosystem network to amplify businesses in our key investment sectors, fostering growth and sustainable economic impact.”

Evolution Of Enventure’s Thesis

How has Enventure’s thesis evolved over time? Shrivastava noted:

“Initially, Enventure’s investment strategy revolved around identifying profitable companies ready for investment then we realized our second secret weapon – identifying emerging technologies which is where we help our LPs have top-notch access to India’s massive growth opportunities.”

“As technology started playing a role in shaping various sectors we broadened our investment strategy to include a strong focus on emerging and profitable technologies in our investment sectors. We acknowledged the impact of AI, blockchain, data analytics and cloud computing as we expanded to focusing on healthcare, space exploration, and sustainability.”

Significant Milestones

What have been some of your firm’s most significant milestones? Shrivastava cited:

“Enventure, having launched its fund a few months ago in March of 2024, has achieved several significant milestones in its early journey:

1.) Robust Investment Pipeline: Identified and shortlisted robust deal flow ready for investments in promising startups and businesses in the USA and India in the USA and India. Two allocations so far have been done in India in Sustainability and Digital Health sector.in producing fuel from grain and digital healthcare in India. Since then, we have short-listed a few exciting startups and businesses to make investments in Q4 2024/Q1 2025. 

2.) Strategic Partnerships and Value Chain Ecosystem: Established key partnerships to enhance network, , operational excellence investment, exclusive deal flows and operational excellence capabilities in the USA and India. Developed a robust value chain ecosystem in the USA and India to support end-to-end fund (formation to divestment) and deal lifecycle (origination to exit). end to end deal lifecycle, from origination to exit.

3.) Advisory Board Formation: Onboarded key advisors such as Raavi Gupta, Dina Ellis Rochkind, Ajit Kumar, Suma Chander, Katie Sudol, and Apostolis Sambanis to strengthen strategic direction.”

Industry Focus

What are some of the industries that your firm is focused on? Shrivastava pointed out:

Enventure is focused on Space, Sustainability, Healthcare: key industries that promise significant growth and impact. By concentrating on these industries, Enventure aims to drive innovation, drastically improve patient outcomes, create lasting value, and make a positive impact in both the USA and India.

Synergies Among These Industries

How do you see synergies among the sectors of healthcare, space, and sustainability play to your strengths and success? Shrivastava explained:

“At Enventure, we believe that the intersection of our focus sectors—Healthcare, Space, and and Sustainability underpinned by e underpinned by emerging technologies—creates powerful synergies that play to our strengths and drive our success. Here’s how these synergies work:

1.) Technological Advancements Driving Innovation: AI, Cloud computing, IoT, and blockchain are enhancing operational efficiency and scalability across all sectors. In healthcare, these technologies streamline data management and secure patient information. In space and sustainability, they enable real-time monitoring and efficient resource utilization.

2.) Space and Sustainability: The development of space technologies often involves sustainable practices, such as creating eco-friendly materials and energy-efficient systems. Space missions can also contribute to sustainability efforts by providing critical data on climate change and natural resource management.

3.) Integrated Approaches: By leveraging the synergies among these sectors, we can create holistic solutions that address multiple challenges simultaneously. For instance, a project combining AI, satellite data, and sustainable practices could monitor environmental health and predict disease outbreaks, leading to more effective interventions.

Differentiation From Other Firms

What differentiates Enventure from other firms? Shrivastava affirmed:

“Enventure blends diversification of fund structure, sector, and nationality to generate superior returns from socially-impactful innovation.”

1.) Global Perspective with Hands-on Expertise: We operate with a dual focus on the USA and India, combining global insights with hands-on expertise. This enables us to identify and capitalize on cross-border opportunities, fostering innovation and growth in diverse markets.

2.) Holistic Approach to Value Creation: Beyond financial returns, we focus on venture philanthropy taking a global perspective to a local level. We accelerate, integrate, maximize the value creation with our hands-on approach.

By combining these differentiators, Enventure positions itself as a forward-looking and impactful investment firm, dedicated to driving innovation and creating value in our focus sectors through cross-border and cross-sector synergies between India and the USA.”

Future Firm Goals

What are some of your firm’s future goals? Shrivastava concluded:

“ As we look ahead, our future goals include Enhancing Cross-Border Synergies and Fostering Innovation and Impact cultivating some of India’s best opportunities for our LPs.”