Investing in bold ideas.
Building the technology to scale them.
About
Utkal Ventures is an early-stage investment firm backing founders who are reshaping industries through technology. We partner with visionary teams at the intersection of hardware, software, and sustainability — providing not just capital, but strategic conviction.
Beyond investing, we operate as a technology consultancy helping enterprises modernize their infrastructure and chart clear architectural direction. From legacy system overhauls to cloud-native transformations, we bring deep technical expertise to every engagement.
Portfolio
IG Defence
India's leading defense drone startup building FPV kamikaze, surveillance, and counter-drone systems for the Indian Army and enterprise applications.
Spacefields
Bengaluru-based deep-tech startup developing next-generation dual-use solid rocket propulsion systems for commercial spaceflight and national security.
PaperCycle
Bhubaneswar-based startup making paper waste recycling effortless — doorstep scrap pickup at competitive market rates, closing the loop on paper waste.
Homvery
Sambalpur-based hyperlocal home services platform connecting users with 250+ vetted professionals for repairs, maintenance, and renovation across tier-2 cities in Odisha.
Contact
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