In a major boost to India’s deep tech ecosystem, Bengaluru-based startup Vimano has secured ₹25 crore in seed funding, led by Ankur Capital — marking the first investment from the firm’s third fund. Founded in 2019 by materials scientists Murari Ramkumar and Dr. Nagesh Kini, Vimano is pioneering advanced ion-conductive membranes designed to dramatically improve the efficiency and affordability of clean energy technologies.
These membranes play a critical role in next-generation energy systems such as redox flow batteries, PEM fuel cells, and electrolyzers used in green hydrogen production. Vimano’s proprietary membrane electrolyte technology addresses long-standing challenges in the sector, such as cost, scalability, and performance degradation.
“This investment helps us bring our high-performance membranes to market at scale,” said CEO Murari Ramkumar. “Membrane electrolytes are the unsung heroes of the energy transition.”
Ankur Capital’s Ritu Verma called the technology a “breakthrough in nanotechnology” that aligns with their mission to support science-driven innovations tackling global sustainability challenges.
With this funding, Vimano aims to scale up manufacturing, expand its team, and accelerate pilot deployments — moving one step closer to making clean energy mainstream.