TrueScale Capital
TrueScale Capital is a venture growth firm established in 2020, based in Mumbai and Bengaluru, India. It specializes in investing in the Series B and C stages, focusing on consumer and enterprise technology sectors. The firm is led by Sameer Nath, a co-founder of Iron Pillar, and brings extensive technology investing and growth expertise to its operations. TrueScale Capital partners with established founders who demonstrate significant revenue growth in large target markets, emphasizing capital efficiency. The firm aims to support companies that are digitizing consumption in India and those developing innovative products for global markets, relying on strong relationships with early-stage investors to enhance its investment strategy.
ApnaKlub is a company focused on transforming the fast-moving consumer goods (FMCG) procurement market by creating a digital platform that connects buyers and brands. This platform aims to streamline the procurement process, ensuring supply consistency and enhancing profit margins for wholesale businesses. By providing access to a wide range of brands, ApnaKlub enables these businesses to thrive in generating revenue, ultimately contributing to a more organized and efficient market landscape.
Axio Biosolutions
Series B in 2021
Axio Biosolutions Private Limited, founded in 2007 and based in Ahmedabad, India, specializes in the development and commercialization of medical products for wound care. The company focuses on advanced surgical solutions and offers a range of products for pre-hospital emergency care and surgical wound management. Its flagship product, AXIOSTAT, is a sterile, single-use haemostatic dressing designed to control bleeding from traumatic injuries, including those resulting from accidents, cuts, lacerations, and punctures. Recognized as the first Indian company to receive USFDA clearance for a wound care product, AXIOSTAT is also CE approved and utilizes a patented chitosan platform. Axio’s products are primarily aimed at hospitals, trauma care services, emergency responders, military personnel, and sports officials, addressing the critical need to manage life-threatening bleeding effectively.
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