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TDK Ventures Announces Investment Team For Its India Innovation-Hub Location

In addition to Vasan Churchill, who heads investment analysis, tech entrepreneur and business executive Ravi Jain was hired to oversee Indian investments.

By Ajay Kumar
New Update
TDK Ventures Announces Investment Team For Its India Innovation-Hub Location

TDK Ventures, Inc. has named its Investment Team for its recently opened India office. Ravi Jain will lead the corporate venture capital firm’s regional India investments, and Vasan Churchill will drive investment analysis.

The two, who were both born in the country, would be based in Bengaluru at the company's innovation headquarters. Using TDK Ventures' expertise in growing international deep-tech firms, they will concentrate on allowing Indian entrepreneurs to expand the development of their cutting-edge ideas and solutions outside of India.

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TDK Ventures Bengaluru innovation hub office is its first expansion outside the U.S. “This move reflects a shift to bring investors to entrepreneurs, rather than the other way around,” TDK Ventures President Nicolas Sauvage noted. “By situating TDK Ventures closer to India’s visionary startups and innovators, the goal is to offer TDK Goodness firsthand, accelerating the development of transformative technologies that can benefit the global ecosystem. 

In the past three years, Ravi Jain has led ola Consumer, Ola Electric, and Ola Krutrim. Ravi established and led Ola Electric's Aftersales and Ola Cars' pre-owned automobile business. He oversaw the Ola Group strategy. His last role was directing business and strategy at Krutrim, India's AI unicorn.

After three years leading business development at ADAXIS, a robotic additive-manufacturing software company he co-founded, Vasan Churchill joined TDK Ventures. He supports startups, business, and finance. He led several materials and manufacturing projects as a senior scientist at RISE (Research Institutes of Sweden).

“TDK Ventures entered the Indian market with a mission to accelerate learning, bring meaningful contributions to society, and invest in startups with similar ideals,” said Anil Achyuta, TDK Ventures Investment Managing Director. “Investing in and being present in India, alongside phenomenal startups addressing these critical challenges, enables us to take a meaningful step toward uniting global innovators and providing them with the support needed to drive real change—a win for everyone.” 

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About TDK Ventures

TDK Ventures Inc. invests in startups to bolster innovation in materials science, energy/power and related areas typically underrepresented in venture capital portfolios. Established in 2019 as a wholly-owned subsidiary of TDK Corporation, the corporate venture company’s vision is to propel the digital and energy transformations of segments such as health and wellness, next-generation transportation, robotics and industrial, mixed reality and the wider IoT/IIoT markets. 

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