Anicut Capital

Anicut Capital is a venture capital investment firm established in 2016 and based in Chennai, India. Founded by seasoned professionals with extensive experience in commercial, private, and investment banking, the firm focuses on providing growth equity investments. Anicut Capital targets sectors such as consumer internet, direct-to-consumer brands, business-to-business services, and software-as-a-service. The firm's expertise in finance and investment positions it to effectively identify and support promising companies in these industries.

Ajay Anand

Partner

Ilayaarunachalam Balamurugan

Co-Founder, Managing Partner and Member of Investment Committee

IAS Balamurugan

Managing Partner

Adithya Bharadwaj

Vice President, Growth Equity

Dhruv Kapoor

Partner, Growth Equity

Veenu Mittal

CFO

Harsh Mohan

Associate, Seed Fund

Ankita Poddar

Senior Associate, Private Credit

Dhruv Ranjan

Associate Vice President, Seed Fund

I A S Balamurugan

Co-Founder and Managing Partner

A. Jayaseelan

Partner, Private Credit

99 past transactions

Navadhan

Series A in 2025
Navadhan Capital operates as a financial platform focused on enhancing financial well-being and accessibility for under-banked households and small businesses. The company provides a range of financial software solutions that include features such as pension liquid investing and the digitization of unorganized value chains. By offering flexibility in parameters such as loan tenors, drawdown options, repayment frequencies, collection purposes, and amounts, Navadhan aims to reduce financial risks and improve resilience. The platform's mission is to expand access to finance, facilitating financial growth and ultimately helping to improve incomes for its users.

Pilgrim

Venture Round in 2025
Pilgrim is a direct-to-consumer startup specializing in the beauty industry. The company manufactures a range of personal care products designed to be chemical-free and safe for daily use. All of Pilgrim's products are FDA-approved and free from harmful ingredients such as parabens, sulfates, and mineral oil. The brand focuses on providing fully vegan and toxin-free options, ensuring that their offerings cater to the diverse needs of customers while promoting safe and responsible beauty practices.

CapGrid

Series A in 2025
CapGrid is a B2B commerce company that focuses on sourcing and procurement of direct-material supplies, specifically for the automotive and industrial manufacturing sectors. The company operates an AI-enabled sourcing platform that simplifies the sourcing process by providing detailed capability intelligence on over 30,000 global manufacturers. This comprehensive platform helps auto manufacturers navigate the complexities of procurement, allowing them to identify cost-reduction opportunities and streamline their supply chains. By leveraging its Digital Supply Network, CapGrid transforms traditional supply chain practices, facilitating more efficient manufacturing processes.

Hair Originals

Series A in 2025
Hair Originals provides DIY hair extension products. They offer solutions for hair loss that include extensions, permanent hair extensions without installation, and raw hair products.

MasterChow

Series A in 2024
MasterChow is a ready-to-cook Asian cuisine brand that specializes in providing premium pantry staples such as noodles, sauces, and condiments. The company aims to enhance home cooking by offering a variety of flavored sauces like holy basil, chili and garlic, hot and spicy, and black bean and garlic. These products are designed to simplify meal preparation, allowing consumers to create delicious, restaurant-style dishes at home with ease. MasterChow's offerings include not only individual items but also hampers that bundle these essentials together, complete with step-by-step instructions for making scrumptious family dinners.

SUGAR Cosmetics

Series E in 2024
SUGAR Cosmetics is a Mumbai-based manufacturer and retailer of color cosmetics, founded in 2012. The company offers a diverse array of premium makeup products, including lipsticks, eyeliners, foundations, face palettes, blushes, bronzers, highlighters, primers, translucent powders, cleansing water, compact powders, nail lacquers, and cosmetics gift sets. Known for its cruelty-free stance, SUGAR has garnered a loyal following among millennials and bold, independent women, distinguishing itself with unique packaging and high-quality offerings. The brand's products are crafted in advanced facilities across Germany, Italy, India, the USA, and Korea, and are available through both retail stores and online channels, making it one of the fastest-growing beauty brands in India.

Wheelocity

Debt Financing in 2024
Wheelocity is a supply chain network dedicated to addressing India's malnutrition issue by minimizing food waste through innovative, technology-driven solutions. Founded in 2021, the company has established itself as a leading provider of fresh supply chain solutions, processing nearly 700 tonnes of fresh food daily across a network that spans the entire country. Wheelocity aims to reshape the fresh produce market by integrating various components of the supply chain, including collection centers, distribution centers, and logistics, to create an efficient and optimized ecosystem for perishable goods such as fruits, vegetables, dairy, poultry, and meat. By leveraging advanced technologies like artificial intelligence and the Internet of Things, Wheelocity enhances transparency and efficiency in its operations, facilitating a faster and more sustainable process for delivering food from farms to consumers. Ultimately, the company’s mission is to eliminate food waste and combat hunger through effective management of supply chain resources.

The ePlane Company

Series B in 2024
ePlane aims to tackle urban road traffic congestion by introducing innovative flying solutions. Their flagship product aims to provide a safe, sustainable, and affordable flying experience, contributing to a future of urban mobility that is efficient and eco-friendly.

Wheelocity

Series A in 2024
Wheelocity is a supply chain network dedicated to addressing India's malnutrition issue by minimizing food waste through innovative, technology-driven solutions. Founded in 2021, the company has established itself as a leading provider of fresh supply chain solutions, processing nearly 700 tonnes of fresh food daily across a network that spans the entire country. Wheelocity aims to reshape the fresh produce market by integrating various components of the supply chain, including collection centers, distribution centers, and logistics, to create an efficient and optimized ecosystem for perishable goods such as fruits, vegetables, dairy, poultry, and meat. By leveraging advanced technologies like artificial intelligence and the Internet of Things, Wheelocity enhances transparency and efficiency in its operations, facilitating a faster and more sustainable process for delivering food from farms to consumers. Ultimately, the company’s mission is to eliminate food waste and combat hunger through effective management of supply chain resources.

WayCool

Debt Financing in 2024
WayCool is an agri-tech company focused on the processing, distribution, and procurement of fresh produce, dairy products, and staples. By utilizing innovative quality management and food safety technology, WayCool enhances farmers' incomes and streamlines logistics and distribution services. The company sources fruits and vegetables primarily from smallholder farmers and aggregators, distributing them to local shops, retail outlets, hotels, restaurants, and catering establishments. WayCool operates a retail brand called SunnyBee in Chennai, which includes physical stores, mobile stores on trucks, and e-commerce platforms. Additionally, SunnyBee offers a range of high-quality private label products developed through partnerships with sister companies. By establishing direct connections between farmers and consumers, WayCool effectively integrates physical and information technology to facilitate efficient distribution of fresh produce.

Blue Tokai Coffee Roasters

Series C in 2024
Blue Tokai Coffee Roasters provides an online marketplace specifically to sell roasted coffee. Blue Tokai Coffee Roasters operates as a specialty coffee e-tailer for sourcing single-estate Arabica coffee beans from Indian coffee estates, burns them on an order basis, and delivers directly to customers, allowing customers to order online or visit their particular retail stores. Blue Tokai focuses on sourcing coffee beans from specific regions or estates, highlighting the unique flavor profiles of each coffee origin. They offer a variety of single-origin coffees, including beans from Karnataka, Tamil Nadu, and other coffee-growing regions in India. In addition to selling coffee beans online, Blue Tokai operates cafes in select cities across India. These cafes serve a variety of coffee beverages and provide a space for customers to enjoy freshly brewed coffee.

MiClient

Seed Round in 2024
MiClient offers a proposal generation application that streamlines the management of proposals and client onboarding for businesses in the service sector. The platform simplifies document creation and lead management, enhancing workflow efficiency to improve sales conversion rates. With various built-in proposal templates, MiClient makes it easier for businesses to create winning proposals and track their deals, ultimately facilitating faster closure of transactions. Additionally, the application automates the client onboarding process and enhances the payment collection experience, making it a comprehensive solution for service-oriented organizations.

BlueBinaries

Venture Round in 2024
BlueBinaries accelerates future mobility with expansive engineering expertise and global scale to bring unprecedented intelligence into visionary automotive technologies.

BlueBinaries

Debt Financing in 2024
BlueBinaries accelerates future mobility with expansive engineering expertise and global scale to bring unprecedented intelligence into visionary automotive technologies.

Ummeed Housing Finance

Series F in 2024
Ummeed Housing Finance Private Limited is a housing finance company based in Gurugram, India, founded in 2016. The company specializes in providing home loans and loans against property specifically tailored for lower and middle-income families, particularly those with informal incomes who often face challenges in accessing organized financial services. Ummeed Housing Finance aims to enhance operational efficiency and minimize turnaround times for customers by utilizing technology in its processes. In addition to home loans and loans against property, the company also offers services for home renovation and construction, as well as insurance products, thereby supporting families in achieving their housing goals in a personalized and customer-friendly manner.

Enmovil

Seed Round in 2024
Enmovil is a provider of a Business Intelligence Platform focused on enhancing operational efficiency for organizations. The company combines a sophisticated front-end software that utilizes analytical and machine learning algorithms with proprietary hardware, referred to as "satellites," which are deployed in the field. This integrated system delivers actionable intelligence that helps management understand the utilization model of their resources, ultimately enabling improvements in logistics decisions and overall efficiency. Through its innovative approach, Enmovil addresses the challenges faced by businesses in optimizing their operations.

Assembly

Seed Round in 2024
Assembly provides luggage and travel products. Their product line includes hard luggage, soft luggage, a trolley backpack, a backpack, a laptop bag, and travel accessories. They allow consumers to directly buy goods or services from a seller over the internet using a web browser.

M2P Fintech

Debt Financing in 2024
M2P Fintech is a leading provider of a comprehensive API infrastructure designed to facilitate banking, payments, and lending services for businesses. The company offers a unified platform that supports various payment methods, including cards and digital wallets, while ensuring compliance with regulatory standards. M2P Fintech's technology enables seamless customer onboarding and compliance checks, thereby streamlining operations for financial institutions. By equipping sales teams with essential tools and information, M2P Fintech enhances the management of financial services, ultimately improving customer experiences in an increasingly digital economy.

The Ayurveda Experience

Series C in 2024
The Ayurveda Experience is an online platform based in India that specializes in ayurvedic products, focusing on health and wellness. The company offers a diverse range of personal care items, including lotions, cleansers, serums, and hair potions, along with dietary supplements aimed at promoting hair health, vision, and blood sugar management. By collaborating with various affiliates, The Ayurveda Experience provides customers with a comprehensive selection of products designed to enhance well-being through traditional Ayurvedic principles.

Dubpro.ai

Seed Round in 2024
Dubpro.ai specializes in video content localization through advanced AI-driven dubbing solutions. The company offers a platform that enables the generation of high-quality vernacular content in multiple Indic languages, making localization more accessible and cost-effective. By utilizing sophisticated algorithms, Dubpro.ai's technology learns the complexities of voice and captures nuanced details, allowing clients to produce quality long-format content efficiently. This innovative approach addresses the challenges of traditional dubbing methods, which are often time-consuming and expensive.

Illumine-i

Series A in 2024
Illumine-i is an energy company that provides power, consultancy, and construction services.

SportVot

Seed Round in 2024
SportVot is a sports technology company focused on digitizing grassroots sports in India. It offers a multi-sports OTT platform that facilitates the streaming of sports events and aids in the discovery of emerging talent. The platform provides comprehensive tools for performance analysis, player profiling, and data management to support community sports. By enabling high-quality live sports broadcasting with minimal resource requirements, SportVot allows athletes and organizations to easily digitize and share their games online. This approach not only enhances visibility for local talent but also contributes to the overall growth of sports at the grassroots level.

Salty

Seed Round in 2024
We are making fashion accessible to women across India. At Salty, we bring forward the trendiest and most affordable fashion accessories for everyday wear

Grip Invest

Series B in 2024
Grip is a SEBI regulated investment platform that allows retail investors to make small-ticket investments. Grip helps you #GoBeyond inflation, low returns & volatility through an investment discovery platform. Grip lists curated investment leasing opportunities on its platform. Investors browse through the active assets to review financial details, terms, and return expectations and identify the right investment opportunity, investors choose the investment amount and confirm their interest, investors make an online transfer of the committed amount.

Console

Seed Round in 2024
Console is an omnichannel engagement and retention software that helps personalize and optimize all customer touchpoints.

Typo

Seed Round in 2024
Typo is an AI-driven software delivery management platform that enables dev teams with real-time SDLC visibility, automated code reviews & DevEX insights to code better, deploy faster & stay aligned with business goals. It connects with the existing tool stack within 30 seconds & empowers with : - Real-time SDLC visibility, DORA Metrics & Delivery Intelligence - Automated code reviews, vulnerabilities & auto-fixes - Developer experience insights & potential burnout zones Join 1000+ high-performing engineering teams across the globe that are using Typo to ship reliable software faster. Start your 14-day free trial now at - https://typoapp.io

Inspecity

Seed Round in 2024
Inspecity is a company focused on advancing aerospace technology, particularly in the realm of satellite maintenance and support. It provides a variety of services tailored for aerospace companies, including end-of-mission deorbit, fleet deployment, mission extension vehicles, and reliable servicing. Inspecity also specializes in active deorbiting, utilizing autonomous robotics to service satellites across all orbital altitudes. In addition to its technological offerings, the company aims to develop human habitats that transcend current planetary limitations, contributing to the establishment of a new economy in space.

Leumas

Seed Round in 2024
Leumas operates a digital platform that facilitates on-demand manufacturing for brands, offering flexibility in batch size, product mix, and formats. This service caters to a diverse range of clients, from emerging direct-to-consumer brands to established companies. By enabling efficient tracking of inventory and orders, Leumas helps its clients reduce excess inventory and optimize production processes, making it easier for them to respond to market demands and scale operations effectively.

Tao Digital

Debt Financing in 2023
Tao Digital Solutions is a technology services provider that focuses on helping businesses navigate the digital economy through innovative solutions. The company specializes in a variety of IT consultancy services, including product engineering, product development, and managed services. It offers expertise in advanced areas such as blockchain, the Internet of Things (IoT), and artificial intelligence, enabling clients to adopt transformative technological strategies. Additionally, Tao Digital emphasizes cybersecurity and payment solutions, ensuring that businesses can operate securely and efficiently in an increasingly digital landscape. Through its comprehensive range of services, the company aims to enhance accessibility to digital innovations and drive business growth.

Ellipsol

Seed Round in 2023
Ellipsol is a climate tech company that offers a retrofittable solution to double the energy yield of conventional photovoltaic panels.

Navadhan

Seed Round in 2023
Navadhan Capital operates as a financial platform focused on enhancing financial well-being and accessibility for under-banked households and small businesses. The company provides a range of financial software solutions that include features such as pension liquid investing and the digitization of unorganized value chains. By offering flexibility in parameters such as loan tenors, drawdown options, repayment frequencies, collection purposes, and amounts, Navadhan aims to reduce financial risks and improve resilience. The platform's mission is to expand access to finance, facilitating financial growth and ultimately helping to improve incomes for its users.

Leumas

Pre Seed Round in 2023
Leumas operates a digital platform that facilitates on-demand manufacturing for brands, offering flexibility in batch size, product mix, and formats. This service caters to a diverse range of clients, from emerging direct-to-consumer brands to established companies. By enabling efficient tracking of inventory and orders, Leumas helps its clients reduce excess inventory and optimize production processes, making it easier for them to respond to market demands and scale operations effectively.

XYXX Apparels

Series C in 2023
XYXX Apparels is a retail and fashion company that offers clothing and accessories for men. It makes life interesting via functional and refreshing products with quirky designs. The company was founded in 2016 and is headquartered in Surat, India.

UzhavarBumi

Venture Round in 2023
UzhavarBumi Agro Products Pvt Ltd, established in July 2017 and headquartered in Chennai, India, specializes in fresh dairy products. The company aims to facilitate direct trade between local farmers and consumers, ensuring that customers receive fresh, uncontaminated, and chemical-free products. UzhavarBumi offers a range of items, including cow milk, cow ghee, eggs, and natural honey. Over the years, it has emerged as one of the leading brands in Tamil Nadu's fresh dairy market, emphasizing quality and sustainability in its offerings.

Inspecity

Pre Seed Round in 2023
Inspecity is a company focused on advancing aerospace technology, particularly in the realm of satellite maintenance and support. It provides a variety of services tailored for aerospace companies, including end-of-mission deorbit, fleet deployment, mission extension vehicles, and reliable servicing. Inspecity also specializes in active deorbiting, utilizing autonomous robotics to service satellites across all orbital altitudes. In addition to its technological offerings, the company aims to develop human habitats that transcend current planetary limitations, contributing to the establishment of a new economy in space.

Uravu Labs

Seed Round in 2023
Uravu Labs, founded in 2017 in Bangalore, Karnataka, is focused on addressing water scarcity through innovative renewable water technology. The company has developed a patent-pending solar adsorption reactor that extracts moisture from the atmosphere, particularly at night, and uses solar energy to release high-quality drinking water during the day. This technology aims to provide sustainable solutions for communities facing water crises by generating several liters of potable water daily. Uravu Labs is committed to fostering resilience and sustainability in human life and communities, recognizing the urgent need for innovation within the water industry.

SatSure

Series A in 2023
SatSure is a decision analytics company that utilizes satellite technology, machine learning, and big data analytics to address challenges related to food, water, and energy security. The company operates a geospatial big data platform designed to deliver insights specifically for the agriculture sector. By integrating satellite data with financial and socio-economic information, SatSure generates agricultural risk profiles that assist in areas such as irrigation, infrastructure, and climate action. This innovative approach enables financial institutions to obtain real-time, location-specific insights, facilitating informed decision-making in their operations.

Blue Tokai Coffee Roasters

Series B in 2023
Blue Tokai Coffee Roasters provides an online marketplace specifically to sell roasted coffee. Blue Tokai Coffee Roasters operates as a specialty coffee e-tailer for sourcing single-estate Arabica coffee beans from Indian coffee estates, burns them on an order basis, and delivers directly to customers, allowing customers to order online or visit their particular retail stores. Blue Tokai focuses on sourcing coffee beans from specific regions or estates, highlighting the unique flavor profiles of each coffee origin. They offer a variety of single-origin coffees, including beans from Karnataka, Tamil Nadu, and other coffee-growing regions in India. In addition to selling coffee beans online, Blue Tokai operates cafes in select cities across India. These cafes serve a variety of coffee beverages and provide a space for customers to enjoy freshly brewed coffee.

Log 9 Materials

Series B in 2023
Log 9 Materials specializes in the manufacturing, research, and development of nanotechnologies. Log 9 Materials Scientific Private Limited is a graphene research and development company. This innovative graphene-based cigarette filter reduces the risk of getting cancer by 90%. We offer a wide range of graphene (CVD graphene, rGO) and its derivatives. We bring to you graphene as researchers and not just manufacturers, so we understand the triviality of the grade of our products.

Hair Originals

Seed Round in 2022
Hair Originals provides DIY hair extension products. They offer solutions for hair loss that include extensions, permanent hair extensions without installation, and raw hair products.

Bigyellowfish

Seed Round in 2022
Bigyellowfish is a platform dedicated to enhancing safety engagement and behavioral risk management by integrating psychology, business, and technology. It offers a digital mobile suite of solutions aimed at improving decision-making, behavior, and situational responsiveness among employees. The platform emphasizes the cognitive, behavioral, and emotional dimensions of the employee experience, providing tools for skill-building, resilience, and on-demand well-being support. This approach not only aims to boost employee performance but also helps businesses reduce healthcare costs and improve overall return on investment.

The Ayurveda Experience

Venture Round in 2022
The Ayurveda Experience is an online platform based in India that specializes in ayurvedic products, focusing on health and wellness. The company offers a diverse range of personal care items, including lotions, cleansers, serums, and hair potions, along with dietary supplements aimed at promoting hair health, vision, and blood sugar management. By collaborating with various affiliates, The Ayurveda Experience provides customers with a comprehensive selection of products designed to enhance well-being through traditional Ayurvedic principles.

GalaxEye

Seed Round in 2022
GalaxEye provides satellite-based imaging services that leverage advanced space technology to deliver high-frequency data for earth observation. By utilizing multi-sensor imaging satellites, the company offers detailed spatial and temporal resolution, allowing businesses in both government and commercial sectors to enhance decision-making and operational efficiency.

Swageazy

Seed Round in 2022
Swageazy is a leading enterprise gifting platform in India that streamlines the processes of curation, procurement, branding, and fulfillment for HR and marketing teams. The platform caters to over 300 enterprise clients, including notable companies like Coursera, LinkedIn, and Amazon, by providing an easy-to-use solution for enhancing brand visibility and engagement through a variety of offerings. These include branded merchandise, event swag, and customized onboarding kits. By automating the gifting process for employees, customers, and prospects, Swageazy enables organizations to foster authentic connections while boosting brand awareness and driving engagement on a global scale.

ChargeUp

Seed Round in 2022
ChargeUp operates a battery swapping network designed to address the challenges of long electric vehicle charging times and associated costs. By providing an affordable solution, ChargeUp enables a growing community of approximately 2.4 million e-rickshaws to enhance their operational efficiency and revenue potential. The company’s platform focuses on delivering proprietary battery technology and a battery-as-a-service model, which allows e-rickshaw owners to access lithium batteries through strategically placed swapping stations. This innovative approach not only alleviates the inconvenience of charging but also supports the electric mobility sector by promoting sustainable transportation options.

Snapmint

Series A in 2022
Snapmint is an online shopping platform based in Mumbai, India, that facilitates purchasing in installments without the need for credit cards. Founded in 2015, the company streamlines the buying process through a simple five-minute online application, allowing customers to access no-cost EMI plans. Snapmint offers a diverse range of products, including mobile phones, electronics, appliances, and fashion items, enabling consumers to afford their desired purchases through flexible and manageable installment payments while eliminating the complexities associated with traditional loan applications.

Artium Academy

Seed Round in 2022
Artium Academy is an online music education platform that aims to make learning enjoyable and accessible for individuals of all ages. The platform features a performance-based curriculum crafted by industry experts, which standardizes teaching methods while emphasizing one-on-one learning experiences. By focusing on personalized instruction, Artium Academy enables students to engage with music in a meaningful way, fostering both their own musical development and the ability to inspire others through their knowledge and skills in the art of music.

Epigamia

Debt Financing in 2022
Epigamia is a producer of premium dairy-based food products, specializing in all-natural Greek yogurt. Launched in June 2015, the company aims to promote a healthy lifestyle through its diverse product offerings, which include Greek yogurt, almond milk, plant-based alternatives, lactose-free snacks, ice creams, ghee-based spreads, and chilled shakes made from real fruit. With a focus on low-fat and high-protein content, Epigamia ensures that consumers can enjoy nutritious desserts and beverages at an affordable price.

Wingreens Farms

Venture Round in 2022
Wingreens Farms is a producer of a diverse range of food products, specializing in healthy snack alternatives. Founded in 2011 and headquartered in Gurgaon, Haryana, the company has pioneered the fresh dips and pita chips category in India. Its offerings include gourmet dips, pickles, breakfast cereals, and teas, all crafted by underprivileged women, thereby promoting social empowerment. Wingreens Farms employs a unique sampling sales model, allowing customers to experience the products before purchase, and retails through both online platforms and various market channels. The company is committed to providing consumers with accessible and healthy food options.

Wingreens Farms

Debt Financing in 2022
Wingreens Farms is a producer of a diverse range of food products, specializing in healthy snack alternatives. Founded in 2011 and headquartered in Gurgaon, Haryana, the company has pioneered the fresh dips and pita chips category in India. Its offerings include gourmet dips, pickles, breakfast cereals, and teas, all crafted by underprivileged women, thereby promoting social empowerment. Wingreens Farms employs a unique sampling sales model, allowing customers to experience the products before purchase, and retails through both online platforms and various market channels. The company is committed to providing consumers with accessible and healthy food options.

Uravu Labs

Seed Round in 2022
Uravu Labs, founded in 2017 in Bangalore, Karnataka, is focused on addressing water scarcity through innovative renewable water technology. The company has developed a patent-pending solar adsorption reactor that extracts moisture from the atmosphere, particularly at night, and uses solar energy to release high-quality drinking water during the day. This technology aims to provide sustainable solutions for communities facing water crises by generating several liters of potable water daily. Uravu Labs is committed to fostering resilience and sustainability in human life and communities, recognizing the urgent need for innovation within the water industry.

Bigspoon

Series A in 2022
Bigspoon Foods Private Limited is a cloud kitchen based in Ahmedabad, India, that specializes in a diverse range of culinary offerings. Founded in 2019 by Kapil Mathrani, Rohan Bhatt, and Poojan Thakkar, the company focuses on North Indian cuisine, American quick-service restaurant (QSR) options, and healthy meal choices. Bigspoon provides an omni-channel approach to food ordering and delivery, emphasizing quality, health, and hygiene in its operations. The menu includes popular dishes such as chicken tikka, paneer rolls, butter paneer, dal Bukhara, paneer tikka, ras omelette, and various biryanis, catering to a wide array of customer preferences. The company facilitates online orders and home delivery services, making its offerings accessible to a broad audience.

Wheelocity

Debt Financing in 2022
Wheelocity is a supply chain network dedicated to addressing India's malnutrition issue by minimizing food waste through innovative, technology-driven solutions. Founded in 2021, the company has established itself as a leading provider of fresh supply chain solutions, processing nearly 700 tonnes of fresh food daily across a network that spans the entire country. Wheelocity aims to reshape the fresh produce market by integrating various components of the supply chain, including collection centers, distribution centers, and logistics, to create an efficient and optimized ecosystem for perishable goods such as fruits, vegetables, dairy, poultry, and meat. By leveraging advanced technologies like artificial intelligence and the Internet of Things, Wheelocity enhances transparency and efficiency in its operations, facilitating a faster and more sustainable process for delivering food from farms to consumers. Ultimately, the company’s mission is to eliminate food waste and combat hunger through effective management of supply chain resources.

Wheelocity

Series A in 2022
Wheelocity is a supply chain network dedicated to addressing India's malnutrition issue by minimizing food waste through innovative, technology-driven solutions. Founded in 2021, the company has established itself as a leading provider of fresh supply chain solutions, processing nearly 700 tonnes of fresh food daily across a network that spans the entire country. Wheelocity aims to reshape the fresh produce market by integrating various components of the supply chain, including collection centers, distribution centers, and logistics, to create an efficient and optimized ecosystem for perishable goods such as fruits, vegetables, dairy, poultry, and meat. By leveraging advanced technologies like artificial intelligence and the Internet of Things, Wheelocity enhances transparency and efficiency in its operations, facilitating a faster and more sustainable process for delivering food from farms to consumers. Ultimately, the company’s mission is to eliminate food waste and combat hunger through effective management of supply chain resources.

Glamyo Health

Series A in 2022
Glamyo Health is a healthcare provider focused on delivering a seamless experience for elective surgeries and cosmetic procedures. The company offers a wide range of services, including hernia treatment, gallstone treatment, laser piles treatment, sports orthopedics, liposuction, and hair transplants. In addition to surgical procedures, Glamyo Health provides diagnostic tests, health checkups, and online consultations, facilitating convenient and safe treatment options for patients. With a commitment to streamlining the healthcare experience, Glamyo Health aims to make elective procedures more accessible and hassle-free.

Lemme Be

Seed Round in 2022
Lemme Be is a gender-inclusive period care brand focused on providing eco-friendly sanitary products made from organic cotton. The company aims to establish a global presence in the period care market by offering a diverse range of products, including pads, tampons, pantyliners, and menstrual cups. Lemme Be caters to the needs of both teens and adults, ensuring that individuals can find products that suit their unique bodies and menstrual flows. Through its commitment to sustainability and inclusivity, Lemme Be seeks to redefine period care for a broader audience.

Kytchens

Seed Round in 2022
Kytchens operates a comprehensive "Kitchen as a Service" platform designed to assist food and beverage brands in broadening their reach across the country. By managing the entire customer experience—from order acceptance to cooking and delivery—Kytchens ensures that consumers can enjoy their favorite brand's food from the comfort of their homes. This cloud kitchen network allows brands to scale sustainably and efficiently, optimizing resources while accelerating growth.

Neemans

Series B in 2022
Neeman's is a sustainable footwear brand in India that specializes in creating comfortable shoes for men and women using natural materials. The company focuses on utilizing organic and renewable Australian Merino wool, which enhances the footwear's functionality by evaporating sweat and moisture rather than absorbing it. This innovative approach results in lightweight, breathable shoes that provide a sock-free and temperature-regulating experience, making them suitable for all-day wear and various seasons. Neeman's aims to redefine the shoe industry by prioritizing comfort and sustainability in its product offerings.

SUGAR Cosmetics

Series D in 2022
SUGAR Cosmetics is a Mumbai-based manufacturer and retailer of color cosmetics, founded in 2012. The company offers a diverse array of premium makeup products, including lipsticks, eyeliners, foundations, face palettes, blushes, bronzers, highlighters, primers, translucent powders, cleansing water, compact powders, nail lacquers, and cosmetics gift sets. Known for its cruelty-free stance, SUGAR has garnered a loyal following among millennials and bold, independent women, distinguishing itself with unique packaging and high-quality offerings. The brand's products are crafted in advanced facilities across Germany, Italy, India, the USA, and Korea, and are available through both retail stores and online channels, making it one of the fastest-growing beauty brands in India.

MasterChow

Seed Round in 2022
MasterChow is a ready-to-cook Asian cuisine brand that specializes in providing premium pantry staples such as noodles, sauces, and condiments. The company aims to enhance home cooking by offering a variety of flavored sauces like holy basil, chili and garlic, hot and spicy, and black bean and garlic. These products are designed to simplify meal preparation, allowing consumers to create delicious, restaurant-style dishes at home with ease. MasterChow's offerings include not only individual items but also hampers that bundle these essentials together, complete with step-by-step instructions for making scrumptious family dinners.

Earth Rhythm

Series A in 2022
Earth Rhythm is a direct-to-consumer personal care brand based in India, specializing in professional-grade products for haircare, skincare, and makeup. As the country's first homegrown brand to prioritize independent clinical trials and research, Earth Rhythm emphasizes smart and safe skincare solutions. The company offers a diverse range of non-toxic and plastic-free products, including face masks, toners, hair oils, shampoos, conditioners, lipsticks, and lip balms, all formulated to address various concerns such as acne, dehydrated skin, hyperpigmentation, dark circles, and signs of aging. Each product is developed in-house by trained cosmetic chemists, ensuring that the formulations are effective, safe, and supported by scientific research. Earth Rhythm is committed to creating products that are beneficial both for consumers and the environment.

Snapmint

Series A in 2022
Snapmint is an online shopping platform based in Mumbai, India, that facilitates purchasing in installments without the need for credit cards. Founded in 2015, the company streamlines the buying process through a simple five-minute online application, allowing customers to access no-cost EMI plans. Snapmint offers a diverse range of products, including mobile phones, electronics, appliances, and fashion items, enabling consumers to afford their desired purchases through flexible and manageable installment payments while eliminating the complexities associated with traditional loan applications.

ChargeUp

Seed Round in 2022
ChargeUp operates a battery swapping network designed to address the challenges of long electric vehicle charging times and associated costs. By providing an affordable solution, ChargeUp enables a growing community of approximately 2.4 million e-rickshaws to enhance their operational efficiency and revenue potential. The company’s platform focuses on delivering proprietary battery technology and a battery-as-a-service model, which allows e-rickshaw owners to access lithium batteries through strategically placed swapping stations. This innovative approach not only alleviates the inconvenience of charging but also supports the electric mobility sector by promoting sustainable transportation options.

Eplane

Seed Round in 2022
Eplane builds and develops electric air transportation systems.

Navadhan

Pre Seed Round in 2022
Navadhan Capital operates as a financial platform focused on enhancing financial well-being and accessibility for under-banked households and small businesses. The company provides a range of financial software solutions that include features such as pension liquid investing and the digitization of unorganized value chains. By offering flexibility in parameters such as loan tenors, drawdown options, repayment frequencies, collection purposes, and amounts, Navadhan aims to reduce financial risks and improve resilience. The platform's mission is to expand access to finance, facilitating financial growth and ultimately helping to improve incomes for its users.

Foodstrong

Seed Round in 2022
Foodstrong is a food and beverage company that specializes in manufacturing and selling a variety of protein-rich products aimed at addressing nutritional gaps in the Indian diet. The company's offerings include protein powders, shakes, oats and millet pancakes, and dosa mixes, all designed to deliver optimal nutrition without preservatives or added sugars. By focusing on taste and nutritional value, Foodstrong aims to provide consumers with accessible and healthy options that support their dietary needs and overall well-being.

Neemans

Series A in 2021
Neeman's is a sustainable footwear brand in India that specializes in creating comfortable shoes for men and women using natural materials. The company focuses on utilizing organic and renewable Australian Merino wool, which enhances the footwear's functionality by evaporating sweat and moisture rather than absorbing it. This innovative approach results in lightweight, breathable shoes that provide a sock-free and temperature-regulating experience, making them suitable for all-day wear and various seasons. Neeman's aims to redefine the shoe industry by prioritizing comfort and sustainability in its product offerings.

Aknamed

Venture Round in 2021
Aknamed is a company focused on enhancing the healthcare supply chain in India by providing procurement solutions tailored for hospital chains and mid-sized standalone hospitals. Utilizing its proprietary technology and analytics tool, SmartBUY, Aknamed aims to standardize healthcare service delivery. The company's platform integrates various components of the supply chain, including brand owners, distribution hubs, and healthcare providers, into a unified technology system. This real-time connectivity facilitates increased transparency and helps hospitals and medical manufacturers optimize costs while improving operational efficiency.

Milky Mist Dairy Foods

Debt Financing in 2021
Milky Mist Dairy Food Private Limited, established in 1997 by T. Sathish Kumar, is one of India’s leading manufacturers of dairy products, located in Perundurai, Tamil Nadu. The company specializes in the procurement, processing, and production of a diverse range of dairy items, including milk, curd, fresh cream, butter, ghee, cheese, and paneer. Milky Mist aims to provide consumers with high-quality dairy products that meet their nutritional needs. With a strong commitment to quality and customer satisfaction, the company has positioned itself as a prominent player in the Indian dairy industry.

Grip Invest

Seed Round in 2020
Grip is a SEBI regulated investment platform that allows retail investors to make small-ticket investments. Grip helps you #GoBeyond inflation, low returns & volatility through an investment discovery platform. Grip lists curated investment leasing opportunities on its platform. Investors browse through the active assets to review financial details, terms, and return expectations and identify the right investment opportunity, investors choose the investment amount and confirm their interest, investors make an online transfer of the committed amount.

Wow! Momo

Debt Financing in 2020
Wow! Momo is a chain of fast-food restaurants that specializes in momos. It operates out of kiosks, food court quick service outlets, shop-in-shop models, and high street quick service restaurants. Wow! Momo was established in 2008 in Kolkata, West Bengal by Sagar Daryani, and Shah Miftaur Rahman.

Blue Tokai Coffee Roasters

Funding Round in 2020
Blue Tokai Coffee Roasters provides an online marketplace specifically to sell roasted coffee. Blue Tokai Coffee Roasters operates as a specialty coffee e-tailer for sourcing single-estate Arabica coffee beans from Indian coffee estates, burns them on an order basis, and delivers directly to customers, allowing customers to order online or visit their particular retail stores. Blue Tokai focuses on sourcing coffee beans from specific regions or estates, highlighting the unique flavor profiles of each coffee origin. They offer a variety of single-origin coffees, including beans from Karnataka, Tamil Nadu, and other coffee-growing regions in India. In addition to selling coffee beans online, Blue Tokai operates cafes in select cities across India. These cafes serve a variety of coffee beverages and provide a space for customers to enjoy freshly brewed coffee.

Neemans

Seed Round in 2020
Neeman's is a sustainable footwear brand in India that specializes in creating comfortable shoes for men and women using natural materials. The company focuses on utilizing organic and renewable Australian Merino wool, which enhances the footwear's functionality by evaporating sweat and moisture rather than absorbing it. This innovative approach results in lightweight, breathable shoes that provide a sock-free and temperature-regulating experience, making them suitable for all-day wear and various seasons. Neeman's aims to redefine the shoe industry by prioritizing comfort and sustainability in its product offerings.

GIVA

Seed Round in 2019
GIVA is an omnichannel platform that offers fine jewelry. GIVA also offers a range of designs in metals like 18K gold, rose gold, and oxidized silver with embellishments of zircon, pearl, marcasite, and other colored stones. GIVA's collection includes earrings, necklaces, bracelets, and rings, crafted from sterling silver for everyday wear.

Bira 91

Series B in 2019
Bira 91 is a craft beer brand established by B9 Beverages in 2015. Initially, the company produced its beer in Belgium, using a craft distillery to source ingredients from France, Belgium, the Himalayas, and Bavarian Farms. Following early success, Bira 91 transitioned to manufacturing in India, where it now operates five breweries. The brand offers a diverse range of beers, including low bitterness and high alcohol wheat beers, and is available in various formats such as draft, 330ml bottles, 650ml bottles, and 500ml cans. Bira 91's products can be found in over 600 towns and cities across 18 countries, bolstered by a partnership with Kirin Holdings, a Japanese beverage company. The brand focuses on delivering unique and flavorful craft beers to consumers seeking authentic beverage alternatives.

Astrogate Labs

Seed Round in 2019
Astrogate Labs is a space-technology startup focused on developing advanced communication systems for the space industry. The company specializes in laser communication technologies designed to operate effectively in the harsh conditions of space, offering high-speed communication solutions for small satellites. Astrogate Labs aims to provide a secure communication link with high data rates while minimizing mass and power requirements compared to traditional radio frequency systems. Their products include terminals and an optical ground network, presenting a comprehensive alternative for satellite communication needs. This innovative approach enables the space industry to address challenges related to low bandwidth and high spectrum licensing costs.

Clairco

Seed Round in 2019
Clairco specializes in advanced air purification systems that enhance indoor air quality and provide real-time monitoring of various air quality parameters. By integrating their technology into existing air conditioning systems, Clairco offers efficient filtration, achieving up to MERV-13 standards with minimal pressure drop. Their solutions include an IoT device and a web dashboard that enable businesses to monitor pollutants such as PM2.5, PM10, CO2, and VOCs, ensuring a healthy indoor environment. Additionally, Clairco's technology helps reduce maintenance costs and increases energy efficiency, making air purification both affordable and scalable for clients.

Bira 91

Debt Financing in 2019
Bira 91 is a craft beer brand established by B9 Beverages in 2015. Initially, the company produced its beer in Belgium, using a craft distillery to source ingredients from France, Belgium, the Himalayas, and Bavarian Farms. Following early success, Bira 91 transitioned to manufacturing in India, where it now operates five breweries. The brand offers a diverse range of beers, including low bitterness and high alcohol wheat beers, and is available in various formats such as draft, 330ml bottles, 650ml bottles, and 500ml cans. Bira 91's products can be found in over 600 towns and cities across 18 countries, bolstered by a partnership with Kirin Holdings, a Japanese beverage company. The brand focuses on delivering unique and flavorful craft beers to consumers seeking authentic beverage alternatives.

Bira 91

Series B in 2019
Bira 91 is a craft beer brand established by B9 Beverages in 2015. Initially, the company produced its beer in Belgium, using a craft distillery to source ingredients from France, Belgium, the Himalayas, and Bavarian Farms. Following early success, Bira 91 transitioned to manufacturing in India, where it now operates five breweries. The brand offers a diverse range of beers, including low bitterness and high alcohol wheat beers, and is available in various formats such as draft, 330ml bottles, 650ml bottles, and 500ml cans. Bira 91's products can be found in over 600 towns and cities across 18 countries, bolstered by a partnership with Kirin Holdings, a Japanese beverage company. The brand focuses on delivering unique and flavorful craft beers to consumers seeking authentic beverage alternatives.

Agnikul

Seed Round in 2019
Agnikul Cosmos Private Limited, founded in 2017 and based in Chennai, India, is a space technology startup specializing in the design, manufacture, testing, and launch of orbital-class rockets tailored for micro and nanosatellites. The company operates from the National Center for Combustion R&D at IIT-Madras, where a diverse team of rocket scientists, engineers, ex-bankers, and space lawyers collaborates to advance their capabilities. Agnikul's launch vehicles are mobile and can be deployed from various launch ports, utilizing kerosene as fuel. They are engineered to reach both low and high-inclination orbits, providing businesses with on-demand access to space at competitive prices.

Snapmint

Seed Round in 2018
Snapmint is an online shopping platform based in Mumbai, India, that facilitates purchasing in installments without the need for credit cards. Founded in 2015, the company streamlines the buying process through a simple five-minute online application, allowing customers to access no-cost EMI plans. Snapmint offers a diverse range of products, including mobile phones, electronics, appliances, and fashion items, enabling consumers to afford their desired purchases through flexible and manageable installment payments while eliminating the complexities associated with traditional loan applications.

Yaantra

Debt Financing in 2018
Yaantra is a Delhi-based company that specializes in the sale of refurbished, unboxed, and preowned mobile phones, along with a variety of accessories such as power banks, USB cables, adapters, and chargers. Founded in 2013, Yaantra provides mobile and tablet repair services, allowing users to book appointments and check the status of their repairs. The company operates in major Indian cities including Delhi, Gurgaon, Ghaziabad, Faridabad, Noida, Bangalore, and Mumbai, offering quality repair services for various issues such as broken screens, water damage, and software problems. Yaantra emphasizes customer satisfaction by providing quality-assured refurbished smartphones at competitive prices while ensuring that clients can manage the entire lifecycle of their devices conveniently. As a subsidiary of Gadgetwood eServices Pvt. Ltd., Yaantra serves a diverse clientele across the country.

PopiCorn

Debt Financing in 2018
PopiCorn is a ready-to-eat popcorn brand that has 6 different flavors. The company upgraded its production to a full-fledged factory as the demand increased manifold, making the brand grow exponentially. Popicorn aims to contribute to a proud legacy that India has and makes more and more people fall in love with this delicious, low calorie, easy access snack.

Navia Life Care

Seed Round in 2018
Navia Life Care is a health technology company focused on enhancing patient care through innovative digital solutions. It offers a health management platform that includes customized mobile applications for patient monitoring, engagement, and compliance. By simplifying the management of health information, Navia Life Care enables users to effectively oversee their health and wellness. The company aims to provide convenient tools that facilitate better health management for both patients and healthcare providers, ultimately improving the overall healthcare experience.

mCaffeine

Seed Round in 2018
mCaffeine is a personal care brand that specializes in caffeine-infused products for skincare and haircare. The company's product range includes shampoos, face washes, shower gels, body lotions, and face masks, all formulated with caffeine as a key ingredient. mCaffeine aims to provide high-quality beauty care items made from natural ingredients, catering to consumers seeking effective personal care solutions. The brand has received recognition in the beauty industry, winning the Nykaa Femina Beauty Award in 2020 for the best Coffee body scrub. Through its diverse marketplace, mCaffeine enables customers to easily discover and purchase its innovative and effective personal care offerings.

Aereo

Seed Round in 2018
Aereo, formerly known as Aarav Unmanned Systems, is a leading drone manufacturing and solutions company based in Bangalore, India, founded in 2013 at IIT Kanpur. The company specializes in providing end-to-end drone technology solutions tailored for various sectors, including urban and rural development, agriculture, mining, construction, irrigation, forest conservation, renewable energy, and infrastructure development. Aereo's drones are designed to enhance productivity and data quality, offering advanced business intelligence that aids in critical decision-making. The firm has achieved significant milestones, including mapping over 34,000 villages and impacting the lives of over 45 million individuals. Notably, Aereo was the first to launch India’s DGCA-certified survey-grade PPK drone. Their technology includes a proprietary 3-dimensional web-GIS that allows for 360-degree visibility and efficient image processing, thereby supporting enterprise stakeholders in managing data more effectively.

ManiBhavnam Home Finance

Seed Round in 2018
ManiBhavnam Home Finance is a finance services firm that offers loans for home purchases and property.

Bira 91

Debt Financing in 2017
Bira 91 is a craft beer brand established by B9 Beverages in 2015. Initially, the company produced its beer in Belgium, using a craft distillery to source ingredients from France, Belgium, the Himalayas, and Bavarian Farms. Following early success, Bira 91 transitioned to manufacturing in India, where it now operates five breweries. The brand offers a diverse range of beers, including low bitterness and high alcohol wheat beers, and is available in various formats such as draft, 330ml bottles, 650ml bottles, and 500ml cans. Bira 91's products can be found in over 600 towns and cities across 18 countries, bolstered by a partnership with Kirin Holdings, a Japanese beverage company. The brand focuses on delivering unique and flavorful craft beers to consumers seeking authentic beverage alternatives.

SUGAR Cosmetics

Venture Round in 2017
SUGAR Cosmetics is a Mumbai-based manufacturer and retailer of color cosmetics, founded in 2012. The company offers a diverse array of premium makeup products, including lipsticks, eyeliners, foundations, face palettes, blushes, bronzers, highlighters, primers, translucent powders, cleansing water, compact powders, nail lacquers, and cosmetics gift sets. Known for its cruelty-free stance, SUGAR has garnered a loyal following among millennials and bold, independent women, distinguishing itself with unique packaging and high-quality offerings. The brand's products are crafted in advanced facilities across Germany, Italy, India, the USA, and Korea, and are available through both retail stores and online channels, making it one of the fastest-growing beauty brands in India.

Curatio Healthcare

Venture Round in 2017
Curatio Healthcare (I) Pvt. Ltd. is a specialty dermatology company focused on addressing therapy gaps in general and specialty dermatology. The company conducts extensive market research to identify the needs within the dermatology field and develops innovative solutions. Curatio's product range includes dermatology and cosmetology offerings such as skincare, baby care, and hair care products, specifically targeting issues like pigmentary disorders, acne therapy, and providing emollients and protectives. With a strong emphasis on research and development, Curatio collaborates with top research partners to create effective products that meet the daily challenges faced by dermatologists and cosmetologists.

Lendingkart

Debt Financing in 2017
Lendingkart is a financial technology company based in India that focuses on providing working capital loans and financing solutions to small and medium-sized enterprises (SMEs). The company employs advanced technology and data analytics to swiftly evaluate the creditworthiness of businesses, allowing for a fast and efficient loan approval process. By addressing the financing challenges faced by SMEs—particularly those lacking collateral or a robust credit history—Lendingkart offers a user-friendly online platform where businesses can easily apply for loans and receive funding in a timely manner. This innovative approach aims to support the growth and operational needs of SMEs in a competitive market.

Vyapar App

Seed Round in 2017
Vyapar is a fully GST-compatible business accounting software aimed at simplifying the daily activities of micro and small businesses. Vyapar software is used by more than 1 Million small businesses for billing, inventory management, and GST filing purposes. Helping companies move their accounts from paper to smartphone, Vyapar has built an Android App that can be used by anyone even with no accounting knowledge.

Eyefye

Seed Round in 2017
EyeFye is an optical platform that specializes in providing a wide selection of eyewear, including eyeglasses, sunglasses, and contact lenses. The company aims to streamline the shopping experience by offering a diverse range of brands and styles in one convenient location. This approach enables customers to easily browse and purchase various eyewear options to meet their individual needs.

ShareChat

Seed Round in 2016
ShareChat is an Indian social media startup founded in 2015 and headquartered in Bangalore, Karnataka. It provides a content consumption and sharing platform specifically designed for the diverse vernacular audience in India, supporting 15 Indian languages. The platform caters to over 1.17 billion wireless network users in the country, allowing them to share videos, jokes, songs, and other social content. ShareChat includes features for private messaging and tagging, making it easy for users to connect and communicate in their preferred language.

Inspecity

Inspecity is a company focused on advancing aerospace technology, particularly in the realm of satellite maintenance and support. It provides a variety of services tailored for aerospace companies, including end-of-mission deorbit, fleet deployment, mission extension vehicles, and reliable servicing. Inspecity also specializes in active deorbiting, utilizing autonomous robotics to service satellites across all orbital altitudes. In addition to its technological offerings, the company aims to develop human habitats that transcend current planetary limitations, contributing to the establishment of a new economy in space.
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