# Forge Innovation & Ventures

> Forge Innovation & Ventures is a VC fund backing Artificial Intelligence. See 38 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Coimbatore, India
- Total investments: 38
- Last investment: Nov 2024
- Lead investor: 5%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/forge-innovation-accelerator/
- X (Twitter): https://twitter.com/forgeforward
- Website: http://forgeforward.in/
- Facebook: https://www.facebook.com/FORGEAccelerator/

Forge Innovation & Ventures is a VC fund in Coimbatore focused on Artificial Intelligence and Manufacturing. Forge Accelerator specializes in the fields of startup investments, entrepreneurship awareness, and business consulting. It offers holistic incubation services covering innovation labs, incubation grants, acceleration, and seed capital investment to transform innovative ideas into successful enterprises with the potential for growth, impacts, andprofits. Forge Accelerator was founded in 2014 and headquartered in Coimbatore, India.

## Contacts

5 contacts available for Forge Innovation & Ventures. Shizune tracks 6 team members at Forge Innovation & Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/forge-accelerator?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 10 | 26% |
| Manufacturing | 9 | 24% |
| Information Technology | 6 | 16% |
| Robotics | 5 | 13% |
| Health Care | 5 | 13% |

54 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 33 | 87% |
| Grant | 2 | 5% |
| Pre-Seed | 2 | 5% |
| Angel | 1 | 3% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 36 | 95% |
| Canada | 1 | 3% |
| United States | 1 | 3% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ashwini Metri | Program Manager | 0 | https://shizune.co/investors/profile/ashwini-metri |
| Dinesh Subburaj | Program Manager | 0 | https://shizune.co/investors/profile/dinesh-subburaj |
| Gokul Kumar Kolandavel | CTO | 0 | https://shizune.co/investors/profile/gokul-kumar-kolandavel |
| Lakshmi Meera | Program Director | 0 | https://shizune.co/investors/profile/lakshmi-meera |
| Shankar Vanavarayar | President And Co-Founder | 0 | https://shizune.co/investors/profile/shankar-vanavarayar |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Fabheads Automation | Fabheads Automation is specialises in composites part manufacturing sector. Also in tandem, Fabheads focuses a lot of their resources on developing better, more reliable, automated fabrication technologies for the composites sector. Ever since incorporation, Fabheads has went on to become the first company in Asia with in-house developed fiber 3Dprinting capabilities, got several awards for their innovative work in the composites fabrication sector and continue to keep setting themselves newer and bigger targets leading to an eventual complete automation in the composite manufacturing sector. | $47.4K | Grant | Nov 15, 2024 |  |
| Ai Health Highway | Ai Health Highway is an AI-first company focused on making screening of chronic diseases cost-effective at primary care clinics. Founded in 2018, Ai Health Highway is a global team of medical professionals, signal processing engineers, data scientists, and clinicians. | $1M | Seed | Oct 04, 2024 |  |
| Enmovil | Enmovil delivers a Business Intelligence Platform driven by a connected asset ecosystem that enables organizations to maximise their operational efficiency. Enmovil's platform, which is a combination of front-end software running analytical and machine learning algorithms, combined with its indigenous hardware "satellites"​ deployedin the field, deliver the intelligence to the management that enables them to understand the utilisation model of their resources. |  | Seed | May 13, 2024 |  |
| Solinas Integrity | Solinas solves problems of water leakage and eliminates manual scavenging. Their products are being designed for Indian challenges with products like short-range and long-range pipeline inspection and robotic cleaning of septic tanks. They provide internal condition assessment and defect detection in pipelines, identifying and analysing leaks,corrosion, sediments, and dents in critical pipeline infrastructure using NDT techniques. |  | Grant | Apr 12, 2024 |  |
| Planys Technologies | Planys Technologies is an IIT Madras incubated company that provides submersible robotic inspection and survey solutions using Remotely Operated Vehicles (ROVs). Planys has its head office in Chennai where it indigenously designs and manufactures compact ROVsPlanys brings world class technology and cutting-edge innovations in underwaterrobotics and diagnostics in the shallow-mid depth segment. Planys’ technology spans the domains of marine robotics, advanced Non-Destructive Evaluation (NDE), and post-inspection analysis. Planys provides a holistic service offering to customers through a design level fusion of ROV manufacture, operations and structural diagnostics. Planys is the first and currently the only OEM of ROVs in the Indian Sub-continent.Planys was founded by IIT Madras alumni and faculty who have been working together on various projects since 2012. | $5.2M | Seed | Apr 03, 2024 |  |
| Torus Robotics | Torus Robotics develops unmanned ground vehicles, robotics, and innovative powertrain technology for defense, aviation, automotive, and consumer applications. | $470K | Seed | Feb 07, 2024 |  |
| LivNSense Technologies | LivNSense Technologies provides cross-functional insights and predictive foresight by creating live digital twins of the collected data along with the economic impact assessment of every current or potential anomaly. The cloud-agnostic platform is available with on-premises, hybrid and cloud deployment options. | $2.8M | Seed | Dec 25, 2023 |  |
| Monitra Healthcare | Monitra Healthcare is a Hyderabad based med-tech company developing solutions that capture cardiac events anytime anywhere. Our products detect cardiac arrhythmias and cardiovascular disease at real-time for pre-emptive treatments. Cardiac monitoring is widely used to identify heart disease, to monitor cardiac activity before and after surgery andother cardiac procedures, and to assess the effects of therapeutic drugs on cardiac activity. The Company’s vision is to dramatically reduce the effects of heart disease by making monitoring and pre-emptive cardiac care a seamless part of everyday life. | $1.5M | Seed | Dec 17, 2023 |  |
| Okulo Aerospace | Okulo Aerospace is a drone technology company.It provides aircraft monitoring solutions that helps businesses to collect data and obtain useful information. | $995.1K | Pre-Seed | Jul 11, 2023 |  |
| Big Bang Boom Solutions | Big Bang Boom Solutions is India's hottest new Startup in the Defence Sector. Founded by a couple of serial entrepreneurs who are comfortable in Deep Tech, it aims to co-create intellectual property that can reside within the borders of the country. The Founders have great connects in the Research Space which helps them develop technology thatbolsters the capability of the Indian Armed Forces. |  | Seed | Jan 01, 2023 |  |

10 of 38 investments shown.

## Co-investors
- [Caret Capital](https://shizune.co/investors/profile/supply-chain-labs) — VC Fund, 3 deals together
- [Dominor Investment](https://shizune.co/investors/profile/dominor-investment) — VC Fund, 2 deals together
- [Rainmatter Capital](https://shizune.co/investors/profile/rainmatter-capital) — VC Fund, 2 deals together
- [Shell E4](https://shizune.co/investors/profile/shell-e4) — VC Fund, 2 deals together
- [Titan Capital](https://shizune.co/investors/profile/titan-capital) — VC Fund, 2 deals together
- [Venture Catalysts](https://shizune.co/investors/profile/venturecatalysts) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Forge Innovation & Ventures invest in?

Forge Innovation & Ventures invests primarily in Artificial Intelligence, Manufacturing and Information Technology startups, most often at Seed and Grant stage. Most of the 38 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Forge Innovation & Ventures?

Public channels for Forge Innovation & Ventures include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Forge Innovation & Ventures?

The team at Forge Innovation & Ventures includes Ashwini Metri (Program Manager), Dinesh Subburaj (Program Manager) and Gokul Kumar Kolandavel (CTO), among 6 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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