Asiana Scheme I
Transforming ventures with patient capital
Investing in tomorrow’s category leaders
A Category II AIF designed to back category creators across tech led sectors and stages. Asiana Scheme I emphasizes the importance of patient capital in fostering the enduring evolution of ventures.
Fund Structure
Category II AIF
Fund Size
USD 105 Mn
80% deployed
First close
10 February 2023
Fund tenure
11 years
2 × 1 year extensions, if required
Built for the long horizon
The long view
A thriving venture generates value gradually over time, and the scheme commits to being a partner through that journey. Value is rarely created in a single event, so connection is built through fewer, more considered bets, held through the cycles a business needs to mature.
What we look for
We back tech-led ventures driven by passionate founders with exceptional execution capabilities, recognising that only a select few businesses have the potential to endure and create lasting value. What distinguishes these ventures is their intentional approach to building something differentiated—often by creating or reshaping a category, rather than simply competing for share in an already mature market.
Where we invest
First closed in February 2023, the scheme is stage-agnostic and tech-led, having invested across early-stage, growth-stage and listed opportunities. Our portfolio spans Robotics & Automation, Drone-tech, Clean-tech, Med-tech, Home Improvement, Educational Games & Toys, Power infrastructure and other tech-led businesses.
How we partner
Investments are chosen for their potential to establish a right to win within 3–5 years, evaluated with a six-to-ten-year exit window in mind. As a long-term partner, the scheme typically seeks board or observer seats, and our experienced team working closely alongside founders to build sustainable, scalable ventures.
Scheme I portfolio
Flipspaces is a tech-enabled design and build firm transforming commercial interiors through its proprietary VR platform. The technology enables businesses to visualise, customise, and virtually walk through future spaces. With integrated design, in-house manufacturing, and a curated supply chain, it delivers turnkey workspace solutions. The result is enhanced decision-making, efficiency, scalability, and visual impact.
Sector
Commercial design and build
Status
Active
Region
India, USA, and UAE
Venture into the
future
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