Somany Impresa Group announced the launch of Tattva, its corporate venture capital (CVC) arm. Tattva will invest in startups leveraging deep tech in manufacturing, enterprise SaaS, sustainability-driven clean technologies, next-gen e-commerce platforms, and disruptive product innovations. With a mission to empower innovative companies, Tattva will provide capital investment, strategic guidance, access to SIG's vast industry network, and operational expertise. By fostering a vibrant innovation ecosystem, SIG aims to accelerate its internal transformation, strengthen its market leadership, and create significant long-term value.
The name "Tattva," derived from Sanskrit, means "essence" and "fundamental truth," symbolising SIG's commitment to fostering impactful innovation rooted in strong fundamentals and long-term value creation.
"With a history of market leadership, SIG is committed to shaping the future by supporting the next wave of disruptive innovators. Tattva is our way of accelerating this journey, building an ecosystem where pioneering startups can leverage SIG's scale, expertise, and industry network to create groundbreaking solutions," said Sandip Somany, Chairman of Somany Impresa Group.
Shashvat Somany, Strategy Head, Somany Impresa Group, added, "The future of our industries lies in the ingenuity of today's startups. Tattva is more than just an investment arm; it is our bridge to the next generation of ideas that will redefine manufacturing, consumer experiences, and sustainability. We aim to collaborate with visionary entrepreneurs through this initiative to drive meaningful impact across industries."
