Startup · India
Velmenni
HQ New Delhi, IndiaFounded 2014
Develops optical wireless communication and LiFi mesh networking for civil and defense uses.
Funding1 round · ₹300M
- Disclosed
- ₹300M
- Latest
- 300M INRStage undisclosed · Mar 17, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Mar 17, 2026 | Undisclosed | 300M INR | — | pi Ventures | Apekso, MountTech Growth Fund-Kavachh | Reported |
- 300M INRMar 17, 2026
Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.
Government awards & programs1 award
Awards received1
| Announced | Award | Agency | Type | Program | Obligated | Ceiling | Confidence |
|---|---|---|---|---|---|---|---|
| Jul 1, 2024 | iDEX Li-Fi technology development grantpress:velmenni:2024-07-01:idex-lifi | Ministry of Defence (India) | Grant | — | Undisclosed | — | Reported |
- Undisclosed
Obligated is what has been committed so far; ceiling is the most the award can reach. Joint values cover all recipients and are excluded from this company’s money totals.
Sources5
Profile2
- 1DatabaseVelmenni — hq city
Supports Organization · country, Organization · hq city
“Location:New Delhi,Delhi,India”
- 2
Velmenni · Supports Organization
“Registered Office: Plot No 2, Shambhu Dayal Marg, New Delhi 110020, India”
Funding1
- 3
SiliconIndia / StartupCity · Supports Funding round
“**Velmenni**, a deep-tech startup specializing in **light-based wireless communication**, has raised **Rs 30 crore** (around $3.3 million) in a **pre-Series A** funding round. The round was led by **pi Ventures**, with participation from **MountTech Growth Fund-Kavachh and Apekso**. The Delhi-based company had previously raised the same amount in seed funding, along with grants from the Department of Telecommunications and Ministry of Defence's iDEX programme.”
Government1
- 4
ETTelecom · Jul 1, 2024 · Supports Government award
“Velmenni on Monday said it has received a grant from the Ministry of Defence (MoD) under the Innovations for Defence Excellence (iDEX) for its Light Fidelity (Li-Fi) technology.”
People1
- 5CompanyVelmenni | Our Story
Velmenni · Supports Organization, Role
“Founded in 2014 ... LiFi based mesh network solution ... sectors like defence, telecommunication, etc have already started adopting the technology commercially.”
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