Auxano leads SanchiConnect's latest funding round
What's the deal? SanchiConnectDealroom has a profile for this one. Try Dealroom → has raised an undisclosed seed round led by Auxano, with existing backers Seafund, 8X VenturesDealroom has a profile for this one. Try Dealroom →, and Arctic Invent.
Shashikant ChaudharyDealroom has a profile for this one. Try Dealroom →, former managing director of GlobalLogic India, joined as a new investor. The company called the round a precursor to a larger raise.
Founded in 2022, SanchiConnect connects startups, investors, industry, academia, and government across India's innovation lifecycle.
Why now? The funding lands as SanchiConnect prepares its next growth phase, backed by fresh leadership.
Vijay Bawra, formerly of T-HubDealroom has a profile for this one. Try Dealroom →, will lead its business verticals. Ashutosh Srivastava, a three-year veteran of the company, steps up to senior leadership.
Since inception, SanchiConnect has facilitated more than INR 400 crore in capital for portfolio companies. Its ecosystem now spans nearly 5,000 members, including over 800 venture funds, family offices, syndicates, and corporates.
What could go wrong? The round is undisclosed and described as a bridge, signalling the company still needs a bigger raise to fund its ambitions.
Its flagship platform, SanchiAPP, and DeepTech Hub in Noida operate in a market that, by Auxano's own admission, was until recently fragmented and unproven.
The signal: Still classed as early stage by Dealroom, SanchiConnect has drawn an unusual coalition of backers — an investment fund lead in Auxano, two specialist funds in Seafund and 8X Ventures, a government-and-non-profit entity in Arctic, and now an angel in former GlobalLogic India boss Shashikant Chaudhary. That spread reflects how India's deep tech enablement layer is shifting from a fragmented, unproven niche into a category that institutional, public, and operator capital all want exposure to.
Read more: india.entrepreneur.com
