Seafund, one of the leading venture capital firms in India, focuses on early-stage deep-tech sectors like EVs, AI, semiconductors, and energy. In a May 2024 interview, partner Narendra Bhandari highlighted strategic investments in EV-focused startups such as Swapp Design and Simatricals. The firm aims to drive innovation in EV manufacturing, automation, and circular battery systems through smart capital and industry expertise.