Somany Impresa Group Launches Venture Capital Arm ‘Tattva�
27 Feb 2025
1 Min Read
CW Team
Somany Impresa Group (SIG), a diversified conglomerate with brands across packaging, sanitaryware, faucets, consumer appliances, and plastic pipes, has launched ‘Tattva,� its corporate venture capital (CVC) arm.
Tattva will invest in start-ups focused on deep-tech manufacturing, enterprise SaaS, clean technologies, next-gen e-commerce, and disruptive product innovations. Beyond capital, it will offer strategic guidance, industry access, and operational expertise to drive innovation and accelerate SIG’s transformation.
Derived from Sanskrit, “Tattva� means “essence� and “fundamental truth,� reflecting SIG’s commitment to impactful, long-term innovation.
“With a history of market leadership, SIG is committed to shaping the future by supporting the next wave of disruptive innovators,� said Sandip Somany, Chairman, SIG.
Shashvat Somany, Strategy Head, SIG, added, “Tattva is more than an investment arm—it’s our bridge to the next generation of ideas that will redefine industries.�
Startups can reach out at
[email protected], connect on LinkedIn (SIG Tattva), and stay tuned for the website launch. SIG has also partnered with IIT Bombay, IIT Madras, and IIM Bangalore to identify and support high-potential ventures.
Photo: Freepik
Somany Impresa Group (SIG), a diversified conglomerate with brands across packaging, sanitaryware, faucets, consumer appliances, and plastic pipes, has launched ‘Tattva,� its corporate venture capital (CVC) arm.Tattva will invest in start-ups focused on deep-tech manufacturing, enterprise SaaS, clean technologies, next-gen e-commerce, and disruptive product innovations. Beyond capital, it will offer strategic guidance, industry access, and operational expertise to drive innovation and accelerate SIG’s transformation.Derived from Sanskrit, “Tattva� means “essence� and “fundamental truth,� reflecting SIG’s commitment to impactful, long-term innovation.“With a history of market leadership, SIG is committed to shaping the future by supporting the next wave of disruptive innovators,� said Sandip Somany, Chairman, SIG.Shashvat Somany, Strategy Head, SIG, added, “Tattva is more than an investment arm—it’s our bridge to the next generation of ideas that will redefine industries.”Startups can reach out at [email protected], connect on LinkedIn (SIG Tattva), and stay tuned for the website launch. SIG has also partnered with IIT Bombay, IIT Madras, and IIM Bangalore to identify and support high-potential ventures.Photo: Freepik
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States� share of global activity below 15 per cent. Meanwhile, in..