# Olympia Group

> Olympia Group is a VC fund in Chennai backing Battery and CleanTech. See 2 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Chennai, India
- Total investments: 2
- Last investment: Jul 2022
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/olympia_group/
- X (Twitter): https://twitter.com/OlympiaGroup
- Website: http://www.olympiagroup.in
- Facebook: https://www.facebook.com/OlympiaGroup

Olympia Group is a VC fund in Chennai focused on Battery and CleanTech. Olympia Group is one of South India’s leading developers. Founded in July 2004, the group has developed over 2000 homes and over 5 million square feet successfully. With an emphasis on highest quality, detailing, exceptional design and craftsmanship, Olympia Group has been leading the real estate market in Chennai, Kolkata, and Bangalore.

## Contacts

5 contacts available for Olympia Group. Shizune tracks 2 team members at Olympia Group. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/olympia-group?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Battery | 1 | 50% |
| CleanTech | 1 | 50% |
| Electronics | 1 | 50% |
| Clean Energy | 1 | 50% |
| Manufacturing | 1 | 50% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 1 | 50% |
| Convertible Note | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ajit Chordia | Managing Director | 0 | — |
| Chandrakant Kankaria | Director | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Northvolt | Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy. It provides electrification and renewable energy storage designed for lithium-ion battery plant to produce batteries for electric vehicles. Northvolt's product is an environment-friendly batterymanufactured with minimal carbon footprint and with recycling technology without compromising with important eco-systems, enabling the auto industry to replace fossil fuels with electricity in an efficient manner. The company aims to establish a supply of sustainable battery cells and systems.In 2016, Paolo Cerruti and Peter Carlsson headquartered the company in Stockholm, Stockholms Lan. | $1.1B | Grant | Jul 05, 2022 |  |
| Northvolt | Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy. It provides electrification and renewable energy storage designed for lithium-ion battery plant to produce batteries for electric vehicles. Northvolt's product is an environment-friendly batterymanufactured with minimal carbon footprint and with recycling technology without compromising with important eco-systems, enabling the auto industry to replace fossil fuels with electricity in an efficient manner. The company aims to establish a supply of sustainable battery cells and systems.In 2016, Paolo Cerruti and Peter Carlsson headquartered the company in Stockholm, Stockholms Lan. | $1B | Convertible Note | Jul 05, 2022 |  |

2 of 2 investments shown.

## Co-investors
- [Compagnia di San Paolo](https://shizune.co/investors/profile/compagnia-di-san-paolo) — VC Fund, 2 deals together
- Folksam — VC Fund, 2 deals together
- [Goldman Sachs Asset Management](https://shizune.co/investors/profile/goldman-sachs-asset-management) — VC Fund, 2 deals together
- [IMAS Foundation](https://shizune.co/investors/profile/imas-foundation) — VC Fund, 2 deals together
- OMERS Capital Partners — VC Fund, 2 deals together
- [PCS Holding AG](https://shizune.co/investors/profile/pcs-holding-ag) — VC Fund, 2 deals together

## Similar investors

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- [Scottish Enterprise](https://shizune.co/investors/profile/scottish-enterprise) — VC Fund
- [Foundation for Innovation and Technology (FIT)](https://shizune.co/investors/profile/foundation-pour-l-innovation-technologique) — VC Fund
- [Business Finland](https://shizune.co/investors/profile/tekes) — VC Fund

## FAQ

### What does Olympia Group invest in?

Olympia Group invests primarily in Battery, CleanTech and Electronics startups, most often at Grant and Convertible Note stage. Most of the 2 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Olympia Group?

Public channels for Olympia Group 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 Olympia Group?

The team at Olympia Group includes Ajit Chordia (Managing Director) and Chandrakant Kankaria (Director). 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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