Indus Valley Capital
Indus Valley Capital is an early-stage venture capital fund based in Karachi, Pakistan, founded in 2020 by Aatif Awan. The firm focuses on supporting Pakistani startups that are making significant changes in various industries. As the first institutional VC for many leading startups, Indus Valley Capital provides capital investment, strategic guidance, and access to global networks. The firm primarily invests in Seed and Series A stages across diverse sectors, including software, retail and e-commerce, health tech, ed tech, and consumer goods. With an estimated $40 million in assets under man
Investing activity
Indus Valley Capital appears in 2 AI deals tracked by the AI Lounge deals desk, and led 1 of them. The rounds are mostly Seed, with a median round size of $5M. The most recent are Metal (Seed, $4.5M, Sep 2026) and Uplift AI (Seed, $3.5M, Jan 2026).
Indus Valley Capital most often invests alongside Y Combinator, Pioneer Fund, a16z Speedrun and Rebel Fund, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Indus Valley Capital
What AI companies has Indus Valley Capital invested in?
Indus Valley Capital's AI investments include Metal and Uplift AI. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Indus Valley Capital based?
Indus Valley Capital is based in Karachi, Sindh, Pakistan.
What stage does Indus Valley Capital invest at?
In the rounds tracked on AI Lounge, Indus Valley Capital has invested at Seed, with a median round of $5M. Indus Valley Capital led 1 of those rounds.
Who does Indus Valley Capital co-invest with?
Indus Valley Capital's most frequent co-investors on AI Lounge are Y Combinator (2 deals), Pioneer Fund (2 deals), a16z Speedrun (1 deal), Rebel Fund (1 deal) and Phaze Ventures (1 deal).
How can founders reach Indus Valley Capital?
Founders on AI Lounge can see Indus Valley Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Indus Valley Capital to their Investor Pipeline to track the conversation.