AWE Early Growth Fund I – equity investment
A programme by AWE Funds
Venture equity investment from AWE Funds' SEBI-registered India fund into tech-led companies at Pre-Series A to Series A, with follow-on investment deal by deal.
At a glance
| Best for | Tech-led and deep-tech companies in India with a working product and customers, at Pre-Series A to Series A |
|---|---|
| Stage | Early revenue – Growth |
| Duration | Rolling, no fixed intake window |
| Cost | Takes equity |
About AWE Early Growth Fund I – equity investment
AWE Early Growth Fund I, also called the Achieving Women Entrepreneurs Early Growth Fund I, is a SEBI-registered Category II Alternative Investment Fund in the venture capital category. It takes equity in tech-led companies led by driven entrepreneurial teams, mainly in India and selectively in the USA.
What you get
- An initial equity investment, with follow-on investment as the company grows
- Investment sizes set deal by deal
Who can apply
- Tech-led innovation, with the homepage stressing deep-tech
- Pre-Series A to Series A stage, with proof of concept and product-market fit
- Revenue-generating companies preferred; pre-revenue considered selectively
- Sectors on its pages include climate and sustainability, energy, mobility, sustainable food and agriculture, healthcare, future of work and fintech
- Experienced teams, large and growing markets, defensible products, capital-efficient models, strong potential for return
- Businesses that are or can become gender smart
How selection works: AWE Funds reviews applications as an investor. It does not describe fixed stages or a set timeline.
How to apply: Use the Apply button on the AWE Funds website to enter summary information. An executive summary or information deck can be sent as well. Receipt is usually confirmed within 10 to 15 business days. There is no fixed intake window.
Where to apply
Other AWE Funds programmes
- AWE Tech Innovation Challenge 2026A time-boxed challenge for India-focused tech and deep-tech startups creating impact in small towns and villages, with the top five going to a funding stage. The 2026 edition is closed.
- AWE Fellowship ProgramA paid, live-virtual fellowship for people who want careers in venture capital and private equity. It trains aspiring investors and does not fund or support startups.