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MGM Foundation

MGM Foundation

Bhubaneswar, Odishamgmfoundation.org

Overview

MGM Foundation is the corporate social responsibility (CSR) arm of the Odisha-based MGM Minerals group, which focuses on philanthropic activities in areas like health and education, and also participates in venture capital investments.

Year Founded

2012

Portfolio Companies

1

Investments

MGM Foundation investments
CompanyDateStageLead
Garuda Aerospace Private LimitedApr 2025Series BCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Where is MGM Foundation based?

MGM Foundation is headquartered in Bhubaneswar, Odisha, India.

When was MGM Foundation founded?

MGM Foundation was founded in 2012.

How many portfolio companies does MGM Foundation have?

MGM Foundation has 1 portfolio company in Caplight's dataset.

What are some companies in MGM Foundation's portfolio?

Portfolio companies visible on Caplight include Garuda Aerospace Private Limited.

What was MGM Foundation's most recent investment shown here?

MGM Foundation's most recent investment in this portfolio sample was in Garuda Aerospace Private Limited in 2025.

What sectors does MGM Foundation focus on?

MGM Foundation focuses on Frontier & Industrial Tech, Mobility, Transportation & Logistics.

What company stages does MGM Foundation focus on?

MGM Foundation typically invests at the Mid stage.

Firmographic Details

HeadquartersBhubaneswar, Odisha
Year Founded2012

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