Avataar Ventures

Infinite Uptime, Inc. offers an integrated industrial solution that combines hardware, cloud analytics, and control software to enhance equipment monitoring and decision-making processes. The company's IoT platform automates predictive maintenance for industrial machines, primarily targeting sectors such as steel, power, cement, chemicals, automotive, and pharmaceuticals. Its industrial data analytics platform (IDAP) identifies patterns in data, assesses overall equipment effectiveness, and detects anomalies in real-time, thereby supporting ISO compliance and monitoring productivity trends. Founded in 2015 and headquartered in Berkeley, California, Infinite Uptime also operates an R&D and technology center in Pune, India, alongside a manufacturing facility in Vadodara, India. The company's innovative approach aims to reduce unplanned downtime, improve overall efficiency, and provide actionable insights into plant performance.

CredCore is a technology company that helps CFOs in North America manage complex large-scale debt lifecycle.

LambdaTest is a technology company that specializes in software testing and automation solutions for web applications. It offers a cloud-based platform designed for cross-browser testing, allowing users to assess their websites across various browsers and operating systems. The platform features both real-time and automated testing capabilities, which are particularly beneficial for industries such as software development, quality assurance, and e-commerce. By leveraging artificial intelligence, LambdaTest's unified enterprise test execution cloud platform enhances the efficiency of test execution, thereby reducing the time to market for businesses. The infrastructure supports end-to-end Selenium automation, facilitating precise debugging of browser compatibility issues on both desktop and mobile devices. This comprehensive approach enables developers and testers to manage issues collaboratively, ensuring quality releases and fostering accelerated digital transformation.

Finova Capital is a non-banking financial company focused on providing loans to micro and small businesses. The company aims to enhance access to finance for enterprises often overlooked by traditional banks, offering personalized financing options that include detailed insights into loan structures and payment plans. By prioritizing transparency and affordability, Finova Capital helps these businesses meet their production needs and achieve their financial goals.

interface.ai is an award-winning out-of-the-box Intelligent Virtual Assistant(IVA) that acts as a “personal bank teller” to help customers 24x7 through every step of the journey from being a prospect to achieving financial wellness. interface.ai has grown over 1600% in the last year from a couple of million dollars to several tens of millions of dollars in revenues. The company has won several industry awards including the coveted Finovate and CUNA Council 'Best of Show' awards. Currently, interface.ai powers 70+ financial institutions in the United States with their Artificial Intelligence-powered solutions and is one of the fastest-growing fintech providers across the globe.

interface.ai is an award-winning out-of-the-box Intelligent Virtual Assistant(IVA) that acts as a “personal bank teller” to help customers 24x7 through every step of the journey from being a prospect to achieving financial wellness. interface.ai has grown over 1600% in the last year from a couple of million dollars to several tens of millions of dollars in revenues. The company has won several industry awards including the coveted Finovate and CUNA Council 'Best of Show' awards. Currently, interface.ai powers 70+ financial institutions in the United States with their Artificial Intelligence-powered solutions and is one of the fastest-growing fintech providers across the globe.

Capillary Technologies Pvt Ltd. is a cloud-based software solutions provider that specializes in enhancing customer engagement for retailers. Founded in 2008 and headquartered in Bengaluru, India, the company offers an Intelligent Customer Engagement suite that helps businesses build, manage, and analyze customer data. Its platform integrates artificial intelligence and machine learning to facilitate personalized communication and cross-channel commerce experiences. Key offerings include Campaign Manager, Lifecycle Marketer, Loyalty Manager, Instore Marketer, E-Commerce Marketer, Mobile Marketer, and Social Connect, which collectively enable retailers to create detailed customer profiles and engage consumers effectively. Serving over 300 marquee brands in more than 30 countries, Capillary's solutions support over 300 million consumers and 25,000 stores, positioning the company as a leading SaaS provider in Asia. With a global workforce of over 700 associates, Capillary Technologies is committed to continuous innovation in improving retail customer experiences.

InsuranceDekho is an insurtech platform that enables users to compare and purchase a wide range of insurance products, including travel, health, life, and motor insurance. The platform streamlines the purchasing process by allowing customers to select policies, compare quotes, and complete transactions entirely online. By offering comparisons from various rated insurance companies, InsuranceDekho aims to provide consumers with the necessary information to make informed decisions about their insurance needs, ensuring they receive the appropriate coverage for their individual circumstances.

Capillary Technologies Pvt Ltd. is a cloud-based software solutions provider that specializes in enhancing customer engagement for retailers. Founded in 2008 and headquartered in Bengaluru, India, the company offers an Intelligent Customer Engagement suite that helps businesses build, manage, and analyze customer data. Its platform integrates artificial intelligence and machine learning to facilitate personalized communication and cross-channel commerce experiences. Key offerings include Campaign Manager, Lifecycle Marketer, Loyalty Manager, Instore Marketer, E-Commerce Marketer, Mobile Marketer, and Social Connect, which collectively enable retailers to create detailed customer profiles and engage consumers effectively. Serving over 300 marquee brands in more than 30 countries, Capillary's solutions support over 300 million consumers and 25,000 stores, positioning the company as a leading SaaS provider in Asia. With a global workforce of over 700 associates, Capillary Technologies is committed to continuous innovation in improving retail customer experiences.

Chalo develops a transport application that delivers real-time transit information such as live tracking, get transit arrival time, and more. From live tracking buses to providing digital solutions focusing on cashless rides, Chalo dreams to make public transport accessible, affordable, and hassle-free for Indian commuters. The Chalo App provides live tracking of over 15,000 buses in 21 cities and has more than 70 lakh downloads as of July 2021. The Chalo Card, a contactless tap-to-pay travel card, is a successful bus travel card. Chalo also offers products like mobile tickets, mobile bus passes, and multi-trip 'Super Saver' plans that can be bought on the Chalo App as well as through the Chalo Card. Chalo partners with bus operators to deploy this technology and improve the bus travel experience.

Chalo develops a transport application that delivers real-time transit information such as live tracking, get transit arrival time, and more. From live tracking buses to providing digital solutions focusing on cashless rides, Chalo dreams to make public transport accessible, affordable, and hassle-free for Indian commuters. The Chalo App provides live tracking of over 15,000 buses in 21 cities and has more than 70 lakh downloads as of July 2021. The Chalo Card, a contactless tap-to-pay travel card, is a successful bus travel card. Chalo also offers products like mobile tickets, mobile bus passes, and multi-trip 'Super Saver' plans that can be bought on the Chalo App as well as through the Chalo Card. Chalo partners with bus operators to deploy this technology and improve the bus travel experience.

HealthPlix is a pioneering digital health company in India that offers an AI-powered electronic medical record (EMR) platform designed to enhance healthcare delivery. The platform supports over 10,000 doctors across more than 370 cities, facilitating the treatment of over 22 million patients in various specialties. HealthPlix's technology provides clinical decision support at the point of care, particularly focusing on chronic diseases such as diabetes. The EMR system allows for personalized consultations based on individual patient histories and supports prescription generation in multiple languages, thus helping doctors transition from traditional paper-based methods to a more efficient digital approach.

InsuranceDekho is an insurtech platform that enables users to compare and purchase a wide range of insurance products, including travel, health, life, and motor insurance. The platform streamlines the purchasing process by allowing customers to select policies, compare quotes, and complete transactions entirely online. By offering comparisons from various rated insurance companies, InsuranceDekho aims to provide consumers with the necessary information to make informed decisions about their insurance needs, ensuring they receive the appropriate coverage for their individual circumstances.

Algonomy is a developer of software solutions focused on business intelligence and analytics for the retail sector. The company offers a SaaS-based platform that enables businesses to gain competitive advantages through enhanced analytical capabilities. Its software facilitates the tracking and analysis of various aspects of retail operations, providing tools for omnichannel personalization, customer journey orchestration, and customer analytics. By empowering clients to efficiently manage vendor performance, product development, inventory management, promotions, and customer insights, Algonomy aims to support businesses in adapting to constant change and enhancing their digital transformation strategies.

Amagi Media Labs is a media technology company that offers cloud-based solutions for broadcast and connected TV. The company facilitates the geographic targeting of TV advertisements. It is a unique mix of media and innovation that has made way for a new TV-media advertising platform. Amagi brings services that are cost-effective, powerful, focused, and result-oriented. Headquartered in New York, Amagi was founded in 2008.

Amagi Media Labs is a media technology company that offers cloud-based solutions for broadcast and connected TV. The company facilitates the geographic targeting of TV advertisements. It is a unique mix of media and innovation that has made way for a new TV-media advertising platform. Amagi brings services that are cost-effective, powerful, focused, and result-oriented. Headquartered in New York, Amagi was founded in 2008.

CRMNEXT is an enterprise CRM solution provider credited with the world's largest installations in financial sector. From Fortune 500 to start-ups, businesses across nine verticals have built profitable customer relationships via CRMNEXT. CRMNEXT eliminates the barriers between human and digital channels, enabling world-class, omni-channel customer interactions from a single platform. It recalibrates banks’ potential to grow engagement, drive profitability, and deliver innovation. CRMNEXT’s customers include global brands like Pfizer, State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, Tata AIA, Reliance, Banco de Oro Philippines, National Bank of Oman, Pavers England etc. It is in Gartner Magic Quadrant for Lead management, Sales Force Automation and Customer Engagement. For more information,

Sense is a smart talent engagement and communication platform built for the staffing industry. It helps reduce turnover, increases re-deployment rates, and gives a real-time 360 view of the pulse of consultants. Founded in 2016, the company is headquartered in San Francisco, California.

ElasticRun is a logistics and distribution platform that enables businesses to access traditionally underserved consumers, particularly in rural areas of India. By acting as an extension of fast-moving consumer goods (FMCG) companies' distribution networks, ElasticRun helps these companies tap into new customer bases through its connections with local Kirana stores. The platform not only facilitates eCommerce companies in reaching remote customers but also connects banks and financial institutions with small and medium-sized enterprises (SMEs) in these regions. Additionally, ElasticRun leverages the data generated on its platform to assist clients in refining their marketing strategies, ultimately enhancing their outreach and operational efficiency.

RateGain Technology is a software company specializing in hospitality and travel technology solutions aimed at various sectors, including hotels, airlines, and travel operators. Established in 2004, the company provides a comprehensive range of services designed to optimize operations and enhance sales for its clients. RateGain operates across multiple verticals, serving online travel agents, meta-search companies, vacation rentals, and more. With a significant focus on the United Kingdom market, the company has built a reputation for innovation within the dynamic travel ecosystem, positioning itself as a thought leader and trendsetter in the industry. Through its SaaS offerings, RateGain continues to support customers globally in navigating the complexities of the travel and hospitality sectors.

Appnomic is a technology company that specializes in transforming digital enterprises into self-healing organizations through its machine-learning-powered analytics. Its software is designed to enable autonomous IT operations by predicting and preventing potential issues before they occur. Appnomic's patented cognitive capabilities include predictive anomaly detection and anomaly-linked healing triggers, which help navigate the connections between digital journeys, applications, and IT infrastructure across various environments, including edge and cloud. By providing full-stack visibility and preventive analytics, Appnomic simplifies the management of IT complexities, allowing clients to enhance digital customer experiences through actionable insights and automated alerts. Headquartered in Cupertino, California, Appnomic is backed by Avataar Ventures and aims to optimize IT resources and ensure uninterrupted operations for enterprises.

ElasticRun is a logistics and distribution platform that enables businesses to access traditionally underserved consumers, particularly in rural areas of India. By acting as an extension of fast-moving consumer goods (FMCG) companies' distribution networks, ElasticRun helps these companies tap into new customer bases through its connections with local Kirana stores. The platform not only facilitates eCommerce companies in reaching remote customers but also connects banks and financial institutions with small and medium-sized enterprises (SMEs) in these regions. Additionally, ElasticRun leverages the data generated on its platform to assist clients in refining their marketing strategies, ultimately enhancing their outreach and operational efficiency.

Chalo develops a transport application that delivers real-time transit information such as live tracking, get transit arrival time, and more. From live tracking buses to providing digital solutions focusing on cashless rides, Chalo dreams to make public transport accessible, affordable, and hassle-free for Indian commuters. The Chalo App provides live tracking of over 15,000 buses in 21 cities and has more than 70 lakh downloads as of July 2021. The Chalo Card, a contactless tap-to-pay travel card, is a successful bus travel card. Chalo also offers products like mobile tickets, mobile bus passes, and multi-trip 'Super Saver' plans that can be bought on the Chalo App as well as through the Chalo Card. Chalo partners with bus operators to deploy this technology and improve the bus travel experience.