Corporate VC
Hitachi Ventures (India)
Hitachi corporate venture unit with a small India desk
3Indian companies
4StopDown stories
About Hitachi Ventures (India)
Hitachi Ventures is the corporate venture unit of Hitachi, set up in 2019 and now managing over $1 billion. Its fourth fund, launched in February 2025, has a $400 million allocation. Radhika Ananth, formerly of Accel, leads India. Its website lists no Indian portfolio, so confirmed India deals are few.
Investment thesis
- AI, biotech, manufacturing, energy and mobility in India
- Mostly Series A rounds per press reports
Sectors
Team
RARadhika AnanthInvestment Director and Head of India
Funds
- Fund IV (2025) · $400M · Global
Indian portfolio
Showing 3
- EE
Exponent EnergyMobility & Logistics · in at Growth · 2026 - RA
RapidCanvasAI & Deep Tech · in at Series B · 2026 - SC
ScimplifyIndustrial & manufacturing · in at Series C · 2026 · Led
India-based companies only. Linked names have a StopDown page; the rest link up on their own as soon as we cover them.
Hitachi Ventures (India) in the news
- RARapidCanvas · Funding · 16 October 2026 · $29MRapidCanvas lands $29M Series B roundRapidCanvas sells a platform for custom business AI, backed by field engineers who build and run each customer's applications
- SC
- SC
- EEExponent Energy · Funding · 10 June 2026 · ₹200 Cr ($21.1 Mn)Exponent Energy raises ₹200 Cr for EV chargingExponent Energy makes battery packs and chargers that fully charge commercial EVs in 15 minutes
Sources: globalventuring.com · globalventuring.com · ascendants.in · checked 2026-10-17