Credit Saison India
Debt Financing in 2025
Credit Saison India is a non-banking finance company that focuses on credit solutions for various sectors, including MSMEs and individuals. The company offers a variety of financial products and services aimed at fostering business growth and financial inclusion in India. Credit Saison India provides a variety of loan solutions including collateral-free Business Loans and Small Business Loans with quick approvals and flexible repayment options, ideal for startups and growing enterprises. They also offer Vyapari Loans with minimal documentation for merchants, and Loan Against Property for those seeking substantial funding backed by property assets.
Aerem
Debt Financing in 2025
Aerem is a Mumbai-based FinTech platform dedicated to promoting clean energy solutions for businesses and commercial enterprises. By facilitating the adoption of rooftop solar systems, Aerem enables organizations to significantly reduce electricity costs by up to 70%. The company utilizes a comprehensive installer network and offers financing options through its in-house non-banking financial company or partner banks, making it easier for businesses, particularly micro, small, and medium enterprises, to transition to solar energy. Aerem’s mission is to democratize access to clean energy and contribute to a sustainable future, achieving a positive impact on the environment, society, and economy through its innovative services. With its growing presence across India, Aerem is positioned to lead the charge in solar energy adoption.
Highways Infrastructure Trust
Debt Financing in 2025
Highways Infrastructure Trust is an Infrastructure Investment Trust (InvIT) focused on the transportation sector.
Avaada Energy
Debt Financing in 2025
Avaada Energy is a renewable energy company that develops and operates solar and wind power projects in India. The company's unique approach integrates business objectives with environmental sustainability and social responsibility, creating mutual benefits. Avaada contributes to the socio-economic development of communities where it works, aiming to deliver long-term value to shareholders while improving local lifestyles through community engagement initiatives.
Martial Solren
Debt Financing in 2024
Martial Solren is a company focused on harnessing and delivering solar energy through a variety of advanced solar technologies. Martial Solren mission is likely centered around generating sustainable energy by utilizing different solar power systems, such as photovoltaic panels, solar thermal systems, and perhaps innovative energy storage solutions.
Power Finance
Post in 2024
Power Finance Corporation Limited is a non-banking finance company based in New Delhi, India, specializing in providing financial products and advisory services to the power sector. Established in 1986, the company offers a range of fund-based products, including various types of loans such as corporate, bridge, and term loans, as well as financing options for renewable energy projects like solar and wind power. Additionally, Power Finance provides tools for debt refinancing, energy efficiency projects, and equipment leasing. Its non-fund based offerings include guarantees and letters of comfort for credit enhancement. The corporation serves a diverse clientele, including state and central power utilities, private power sector entities, and equipment manufacturers. Through its services, Power Finance aims to support the development and enhancement of India's power infrastructure.
Blueleaf Energy
Debt Financing in 2024
Blueleaf Energy is a company focused on the development, financing, construction, and operation of utility-scale solar systems tailored for commercial and industrial applications. The company engages in the production, installation, and planning of solar systems, as well as wind power stations and related plant components. By specializing in project development and the implementation of large-scale photovoltaic projects, Blueleaf Energy facilitates access to innovative and sustainable renewable energy solutions.
Axis Max Life Insurance
Corporate Round in 2024
Max Life Insurance Company Limited is a prominent life insurance provider in India, established in 2000 and headquartered in Gurugram. The company, a joint venture between Max Financial Services Ltd. and Mitsui Sumitomo Insurance Co. Ltd., offers a diverse range of life insurance products, including participating, non-participating, and linked plans that cater to various needs such as protection, child insurance, retirement, and long-term savings. Additionally, Max Life provides pension, annuity, and health benefit solutions, ensuring comprehensive financial security for individuals and families. The company's products are distributed through multiple channels, including individual agents, corporate agents, banks, and brokers, with a notable bancassurance partnership with YES BANK Limited. In June 2012, the company rebranded from its previous name, Max New York Life Insurance Company Limited, reflecting its commitment to the Indian market and its focus on delivering quality insurance solutions.
Everest Fleet
Debt Financing in 2024
Everest Fleet is a fleet management company that specializes in providing sustainable mobility solutions for businesses. The company focuses on leasing vehicles to ride-hailing drivers associated with platforms such as Uber and Ola in India. By offering comprehensive fleet management services, Everest Fleet allows drivers to concentrate on their transportation services, while the company handles vehicle maintenance, insurance, and compliance requirements. Through its platform, Everest Fleet ensures efficiency in operations by partnering with various ride-hailing companies, facilitating an accessible and streamlined vehicle acquisition process for clients.
VRO Hospitality
Debt Financing in 2024
VRO Hospitality is a company that operates a diverse portfolio of food and beverage brands, managing eight distinct brands across various dining formats, including fine dining, casual dining, quick service restaurants, and cafes. With a presence in Bengaluru through 18 outlets, VRO Hospitality focuses on delivering high-quality food and an inviting ambiance, allowing customers to relax and enjoy their dining experiences. The company is dedicated to enhancing the hospitality landscape by providing a range of culinary options that cater to different tastes and preferences.
VRO Hospitality
Venture Round in 2024
VRO Hospitality is a company that operates a diverse portfolio of food and beverage brands, managing eight distinct brands across various dining formats, including fine dining, casual dining, quick service restaurants, and cafes. With a presence in Bengaluru through 18 outlets, VRO Hospitality focuses on delivering high-quality food and an inviting ambiance, allowing customers to relax and enjoy their dining experiences. The company is dedicated to enhancing the hospitality landscape by providing a range of culinary options that cater to different tastes and preferences.
Vivriti Capital
Debt Financing in 2023
Vivriti Capital is a financial services company established in 2017 and headquartered in Chennai, India. It operates as a marketplace aimed at small enterprises and individuals who face challenges in accessing efficient financial services. The firm offers a range of services, including lending, investing, investment banking, and advisory services, supported by a technology-enabled platform designed for credit facilitation. Vivriti Capital serves various industries, such as information technology, financial services, transportation, real estate, media, and retail. By leveraging data analytics, the company assesses client needs and crafts tailored financial solutions, combining a deep understanding of client business models with the expertise of structured finance professionals and a broad network of investors.
CESC Limited is an integrated electrical utility company headquartered in Kolkata, India, and is part of the RP-Sanjiv Goenka Group. Founded in 1899, it provides electricity generation, transmission, and distribution services to approximately 3.3 million consumers across a 567 square kilometer area that includes Kolkata, Howrah, and surrounding regions. The company operates a diverse portfolio of power generation facilities, including three thermal power plants with a total capacity of 1,125 megawatts, as well as additional thermal projects in Maharashtra and West Bengal. CESC also invests in renewable energy, operating solar plants in Gujarat and Tamil Nadu, a hydroelectric project in Arunachal Pradesh, and several wind power projects in different states. The company's transmission and distribution network consists of extensive circuit lines that connect its generating stations to numerous distribution points, ensuring a reliable electricity supply to both domestic and commercial users.
Axis Max Life Insurance
Corporate Round in 2023
Max Life Insurance Company Limited is a prominent life insurance provider in India, established in 2000 and headquartered in Gurugram. The company, a joint venture between Max Financial Services Ltd. and Mitsui Sumitomo Insurance Co. Ltd., offers a diverse range of life insurance products, including participating, non-participating, and linked plans that cater to various needs such as protection, child insurance, retirement, and long-term savings. Additionally, Max Life provides pension, annuity, and health benefit solutions, ensuring comprehensive financial security for individuals and families. The company's products are distributed through multiple channels, including individual agents, corporate agents, banks, and brokers, with a notable bancassurance partnership with YES BANK Limited. In June 2012, the company rebranded from its previous name, Max New York Life Insurance Company Limited, reflecting its commitment to the Indian market and its focus on delivering quality insurance solutions.
Go Digit-Life Insurance
Debt Financing in 2023
Go Digit-Life Insurance offers life insurance products.
Grasim Industries
Post in 2023
Grasim Industries Limited is an Indian manufacturing company based in Mumbai, primarily engaged in the production of building materials, viscose staple fiber (VSF), and chemicals. Established in 1947 as a textile manufacturer, it has evolved into a leading global player in the VSF market, accounting for approximately 17% of global production. Grasim is recognized as the largest producer of chlor-alkali chemicals in India and operates a significant cement business through its subsidiary, UltraTech Cement, which has a capacity of 96.5 million tonnes per annum (MTPA). The company has strategically strengthened its operations by focusing on backward integration in key areas such as dissolving grade pulp and caustic soda, essential for VSF production. Grasim's diversified portfolio also includes financial services, which were previously part of Aditya Birla Nuvo and were demerged in 2017 to form Aditya Birla Capital. The majority of Grasim's revenue is generated from the domestic market, supplemented by exports to international markets.
Northern Arc
Debt Financing in 2023
Northern Arc Capital Limited is a non-banking financial company based in Chennai, India, that focuses on providing access to debt finance for underserved households and businesses. The company offers a diverse range of financial products, including microfinance, agricultural finance, housing finance, vehicle finance, consumer finance, small business loans, and gold loans. In addition to traditional lending, Northern Arc Capital provides fintech services, structured products, and capital market instruments. The company also engages in debt syndication and guarantee-backed lending, facilitating connections between originators to enhance the delivery of financial services. Established in 1989 and originally named IFMR Capital Finance Private Limited, it rebranded to Northern Arc Capital Limited in March 2018.
Ecozen
Debt Financing in 2023
Ecozen is a company focused on providing innovative solutions for the agriculture sector, particularly in the handling of perishable goods. It offers Ecofrost, a portable solar-powered cold room that utilizes thermal energy storage to maintain low temperatures without needing backup power, significantly extending the shelf life of fruits, vegetables, and flowers. This capability allows farmers to reach more distant markets and enhance their profitability. Additionally, Ecozen has developed Ecotron, a smart irrigation pump controller that incorporates IoT technology and efficient motor systems, optimizing water usage and enabling remote monitoring and diagnostics. This product has established a strong presence in the Indian market. Ecozen also operates Eco-Connect, a digital platform that links farmers of perishables directly with organized buyers, including exporters and retailers, while integrating cold chain logistics to streamline the distribution process. Through these offerings, Ecozen aims to transform the agricultural landscape by enhancing the efficiency of perishable goods management and promoting eco-friendly practices.
Credable
Venture Round in 2022
CredAble is a fintech platform that specializes in supply chain financing, aimed at enhancing working capital management for vendors, distributors, and dealers across Asia. By integrating technology, deep learning, and data analytics, CredAble provides tailored financial solutions that improve cash flow and strengthen supplier relationships. The platform enables businesses to access necessary funds against approved invoices, facilitating timely payments and operational efficiency. Through its innovative approach, CredAble supports companies in meeting their financial needs and seizing growth opportunities.
Citigroup - Indian Consumer Banking
Acquisition in 2022
Citigroup - Indian Consumer Banking provides credit cards, retail banking, wealth management, and consumer loans services.
National Asset Reconstruction Company
Corporate Round in 2022
NARCL has been incorporated under the Companies Act and has applied to Reserve Bank of India for license as an Asset Reconstruction Company (ARC). NARCL has been set up by banks to aggregate and consolidate stressed assets for their subsequent resolution. PSBs will maintain51% ownership inNARCL. NARCL is intended to resolve stressed loan assets above ₹500 crore each amounting to about ₹ 2 lakh crore. In phase I, fully provisioned assets of about Rs. 90,000 crores are expected to be transferred to NARCL, while the remaining assets with lower provisionswould be transferred in phase II
Open Network For Digital Commerce
Corporate Round in 2022
Open Network for Digital Commerce (ONDC) is an initiative designed to enhance e-commerce accessibility in India by fostering an open network that employs open-source methodologies and specifications. The network aims to facilitate the inclusion of diverse sellers, from small vendors to large enterprises, by creating a framework that supports various categories such as food, fashion, home goods, electronics, beauty, and personal care. By utilizing open protocols, ONDC promotes a collaborative environment that allows buyers, sellers, technology service providers, and payment gateways to participate seamlessly in the digital commerce ecosystem. This approach not only aims to increase e-commerce penetration across the country but also seeks to make the advantages of digital commerce available to a broader audience, ensuring scalable and cost-effective solutions for all stakeholders involved.
Agrim Wholesale
Series A in 2022
Agrim creates a B2B commerce marketplace app for Agri-Inputs, bringing retailers and manufacturers together on a single platform. It aims to connect 40K+ small to large size manufacturers with the large and loyal retailer network and improve the supply chain by enabling 1M+ Agri-input retailers to discover superior quality products at the right price and on-time delivery.
REC Limited is a public financial institution based in New Delhi, India, specializing in financing services for the power sector. Established in 1969, the company provides a range of loans, including long-term, medium-term, and short-term financing, to various entities such as state electricity boards, government power utilities, independent power producers, and rural electric cooperatives. REC also plays a crucial role as a nodal agency in implementing key government initiatives aimed at universal household electrification and improving power distribution. In addition to its financing activities, the company offers consultancy services related to transmission and distribution, and it coordinates competitive bidding processes for transmission service providers. REC Limited was previously known as Rural Electrification Corporation Limited before rebranding in October 2018. It operates through an extensive network of offices across India, serving both public and private sector utilities.
Teksun
Private Equity Round in 2021
Positioning : For fast growing companies who lead with innovation, Teksun is a Technology Solutions Partner who engineers right-fit products and services using time-proven processes in Design, Development, Certification, System Integration, and Manufacturing; empowering our Clients to confidently accelerate their time to market. Vision : Becoming a global technology leader by providing innovative and affordable solutions which support humanity. Mission : Accelerating digital transformation through innovation as a Technology Solution Partner. Manifesto : As the Technology Solution Partner for the lifetime of your organization, Teksun develops highly innovative products and services which support the ongoing digitization of your enterprise mission. A global technology leader amidst a sea of options, Teksun offers world-class IoT & AI Product Design & Development, Systems Integration, and Electronics Manufacturing. A team of 300+ engineers, we maintain meticulous end-to-end control of quality across the entire product development lifecycle, with a 100% in-house embedded hardware, firmware, cloud, software, web, mobile, and manufacturing team. Delivering to-requirements, on-time, and above-quality. Every time. And as Teksun manages and manufactures what we design, we view every opportunity as a long-term relationship by thinking in your shoes- ultimately setting you up for the greatest chance of long-term business, technical, and commercial success. Core Values : 1. Delivering World-Class Products 2. Honoring Every Commitment 3. Crafting a Perfect Client Experience 4. Building Win-Win Relationships 5. Making Positive Contributions 6. Fostering an Innovation-Driven Culture 7. Maintaining High Morals & Ethics Offering : Teksun serves as a Complete Offshore Development Center, composed of a dedicated engineering team with niche expertise in key technology-driven industries, and required experience in IoT & AI Product Design & Development, Systems Integration, and Electronics Manufacturing. Key Differentiators : 1. Not a traditional IT shop, rather a a long-term Technology Solution Partner, with Teksun’s average client-relationship is measured in years 2. In-house engineering team of 300+ capable of all stages of the PDLC- Design, Development, Certification, System Integration, & Manufacturing 3. A 360 degree, vertically integrated approach of creating technical, business, and commercial value for our clients 4. Teksun’s key aim is in providing long-term support beyond the initial Design and Development phases, by maintaining long-term engagement with Manufacturing Services (Electronics) and Managed Services (IT Software) 5. Serves as an Offshore Development Center (ODC) for Medium Stage Start-ups, Small Medium Enterprise, Enterprise, and Tier 1 Clients 6. Teksun’s proprietary, end-to-end RFQ to FDR Project Management process which ensures that all projects are delivered on-time, to-requirements, and above quality. 7. Teksun’s blended On-shore / Off-shore business model ensures our clients receive world-class talent and cutting-edge technology, at highly competitive rates.
Airtel Africa
Post in 2021
Airtel Africa Plc is a telecommunications company that delivers mobile voice and data services, as well as mobile money solutions, across Nigeria, East Africa, and Francophone Africa. The company offers a variety of services including prepaid and postpaid wireless voice, international roaming, data communication, and fixed-line telephone services. In addition, Airtel Africa provides mobile money services that encompass payment systems, microloans, savings, and international money transfers. Established in 2018 and headquartered in London, Airtel Africa aims to make mobile communications affordable, thereby supporting economic and social development in the regions it serves. As of March 2020, the company catered to approximately 110.6 million customers, with the majority of its revenue generated from its operations in Nigeria. Airtel Africa is committed to extending its network to rural areas and engaging in community-focused education initiatives.
Axis Max Life Insurance
Corporate Round in 2021
Max Life Insurance Company Limited is a prominent life insurance provider in India, established in 2000 and headquartered in Gurugram. The company, a joint venture between Max Financial Services Ltd. and Mitsui Sumitomo Insurance Co. Ltd., offers a diverse range of life insurance products, including participating, non-participating, and linked plans that cater to various needs such as protection, child insurance, retirement, and long-term savings. Additionally, Max Life provides pension, annuity, and health benefit solutions, ensuring comprehensive financial security for individuals and families. The company's products are distributed through multiple channels, including individual agents, corporate agents, banks, and brokers, with a notable bancassurance partnership with YES BANK Limited. In June 2012, the company rebranded from its previous name, Max New York Life Insurance Company Limited, reflecting its commitment to the Indian market and its focus on delivering quality insurance solutions.
Niva Bupa
Corporate Round in 2021
Niva Bupa the best health insurance company in India. Trusted by millions, which deliver exceptional coverage, tailored to your needs. With a comprehensive network of hospitals, transparent policies Niva Bupa safeguard your well-being. Committed to quality healthcare, we stand as your reliable partner, ensuring a healthy and secure future.
The Catamount - Reboot (Formerly - Stylemaar) Revived - The Never Ending Journey
Pre Seed Round in 2020
India's Fastest Growing Footwear Brand Turned - The Catamount - Reboot
Teksun
Debt Financing in 2020
Positioning : For fast growing companies who lead with innovation, Teksun is a Technology Solutions Partner who engineers right-fit products and services using time-proven processes in Design, Development, Certification, System Integration, and Manufacturing; empowering our Clients to confidently accelerate their time to market. Vision : Becoming a global technology leader by providing innovative and affordable solutions which support humanity. Mission : Accelerating digital transformation through innovation as a Technology Solution Partner. Manifesto : As the Technology Solution Partner for the lifetime of your organization, Teksun develops highly innovative products and services which support the ongoing digitization of your enterprise mission. A global technology leader amidst a sea of options, Teksun offers world-class IoT & AI Product Design & Development, Systems Integration, and Electronics Manufacturing. A team of 300+ engineers, we maintain meticulous end-to-end control of quality across the entire product development lifecycle, with a 100% in-house embedded hardware, firmware, cloud, software, web, mobile, and manufacturing team. Delivering to-requirements, on-time, and above-quality. Every time. And as Teksun manages and manufactures what we design, we view every opportunity as a long-term relationship by thinking in your shoes- ultimately setting you up for the greatest chance of long-term business, technical, and commercial success. Core Values : 1. Delivering World-Class Products 2. Honoring Every Commitment 3. Crafting a Perfect Client Experience 4. Building Win-Win Relationships 5. Making Positive Contributions 6. Fostering an Innovation-Driven Culture 7. Maintaining High Morals & Ethics Offering : Teksun serves as a Complete Offshore Development Center, composed of a dedicated engineering team with niche expertise in key technology-driven industries, and required experience in IoT & AI Product Design & Development, Systems Integration, and Electronics Manufacturing. Key Differentiators : 1. Not a traditional IT shop, rather a a long-term Technology Solution Partner, with Teksun’s average client-relationship is measured in years 2. In-house engineering team of 300+ capable of all stages of the PDLC- Design, Development, Certification, System Integration, & Manufacturing 3. A 360 degree, vertically integrated approach of creating technical, business, and commercial value for our clients 4. Teksun’s key aim is in providing long-term support beyond the initial Design and Development phases, by maintaining long-term engagement with Manufacturing Services (Electronics) and Managed Services (IT Software) 5. Serves as an Offshore Development Center (ODC) for Medium Stage Start-ups, Small Medium Enterprise, Enterprise, and Tier 1 Clients 6. Teksun’s proprietary, end-to-end RFQ to FDR Project Management process which ensures that all projects are delivered on-time, to-requirements, and above quality. 7. Teksun’s blended On-shore / Off-shore business model ensures our clients receive world-class talent and cutting-edge technology, at highly competitive rates.
Axis Max Life Insurance
Corporate Round in 2020
Max Life Insurance Company Limited is a prominent life insurance provider in India, established in 2000 and headquartered in Gurugram. The company, a joint venture between Max Financial Services Ltd. and Mitsui Sumitomo Insurance Co. Ltd., offers a diverse range of life insurance products, including participating, non-participating, and linked plans that cater to various needs such as protection, child insurance, retirement, and long-term savings. Additionally, Max Life provides pension, annuity, and health benefit solutions, ensuring comprehensive financial security for individuals and families. The company's products are distributed through multiple channels, including individual agents, corporate agents, banks, and brokers, with a notable bancassurance partnership with YES BANK Limited. In June 2012, the company rebranded from its previous name, Max New York Life Insurance Company Limited, reflecting its commitment to the Indian market and its focus on delivering quality insurance solutions.
CarDekho provides enterprise mobility solutions, mobile application development, Web design and development, offshore staffing, and testing and quality assurance (QA) services. Its enterprise mobility solutions include enterprise mobility consulting, mobile business intelligence, business process mobilization, B2B mobile applications (app) development, enterprise iOS app development, enterprise Android app development, and enterprise app distribution; and mobile app development services include iPhone, iPad, Android, Blackberry, Windows8, Phonegap, and bootstrap. CarDekho’s Web design and development services include responsive design, PSD to HTML conversion, flash Website design, themes customization, content management system, E-commerce solution, CRM app development, open-source development, custom Web app development, regular Website maintenance, customized programming, online marketing, graphic design, Website hosting, employee management system, logo design, inventory management, and database design. Its offshore staffing services for designers, mobile apps developers,.NET developers, PHP developers, Java developers, Python developers, and ROR developers; and testing and QA services include automated, manual, usability, nonfunctional, specialized, mobile app, testing-as-a-service, integration, functional, system, localization, and acceptance testing. CarDekho develops entertainment, GPS tracking, weather, business and finance-related, multi-media, sports, social networking, education, and travel applications. It serves the automobile, E-learning, consultancy, finance, social networking, tours and travel, health and fitness, medical, job and career, news and magazine, utility/productivity, entertainment, lifestyle, and E-commerce industries; and IT and communication, and book and library industries.
Reliance Jio
Debt Financing in 2018
Reliance Jio Infocomm is a telecommunications company based in Mumbai, India, that offers a range of wireless telecom products and services, including voice, data, and messaging. The company utilizes Long-Term Evolution (LTE) technology to provide mobile and broadband services. In addition to its core offerings, Jio distributes smartphones and hotspot devices, enhancing connectivity options for consumers. Jio also invests in research and development across various fields such as blockchain, artificial intelligence, Internet of Things (IoT), data analytics, and next-generation cloud services. Its media services encompass a wide array of content, including recorded and live music, sports, television programs, movies, and events, catering to diverse entertainment needs.
Cult.Fit
Debt Financing in 2018
CureFit is a Bangalore-based health and fitness company established in 2016 by Mukesh Bansal and Ankit Nagori. It offers integrated digital and offline experiences across fitness, nutrition, and mental well-being, aiming to make these aspects of life fun and accessible. The company provides trainer-led group workout classes, healthy meal delivery services, yoga and meditation sessions for mental fitness, and hassle-free medical and lifestyle care through its mobile application.
Sensa Core Medical Instrumentation Pvt
Debt Financing in 2017
Sensa Core Medical Instrumentation is an in-vitro diagnostic company that designs, develops, manufactures, and sells medical devices. They manufacture and deliver a wide range of analytical and diagnostic analyzers, point-of-care devices, reagents, and consumables. They provides medical devices like electrolyte analyzers, blood gas analyzers, and glucose meters.
Affordmed
Debt Financing in 2017
Afford Medical Technologies is a healthcare company that manufactures and trades a wide range of medical equipment and other products.
Flipkart
Debt Financing in 2017
Flipkart, established in 2007, is a leading Indian e-commerce marketplace headquartered in Bengaluru. It offers a vast array of products, spanning over 70 categories and 30 million items, including electronics, home appliances, fashion, and health care. With a workforce of 33,000 and 75 million registered users, Flipkart facilitates over 10 million daily visits and delivers approximately 8 million shipments monthly. Founded by Binny and Sachin Bansal, the company was acquired by Walmart in 2018. Flipkart Ventures, its venture arm, invests in seed to series B-stage companies.
FreeCharge
Acquisition in 2017
FreeCharge is an e-commerce platform based in Mumbai, Maharashtra, specializing in online recharges for prepaid mobile phones, postpaid services, DTH, and data cards in India. Founded in August 2010 by Kunal Shah, FreeCharge revolutionized the recharge process by offering shopping coupons from major retailers as an incentive, effectively making recharges cost-free for users. Initially, the platform partnered with brands like McDonald's and Barista, later expanding to include prominent retailers such as Café Coffee Day, Domino's Pizza, and Shoppers Stop. By November 2012, FreeCharge reported daily online recharge transactions worth INR 6 million, amounting to INR 2.19 billion annually. In addition to recharges, the platform also facilitates bill payments for services like electricity, gas, and telecommunication, allowing users to complete transactions quickly and efficiently across various channels. Recognized for its innovative approach, FreeCharge was named one of India's most promising technology startups in 2011.
Aster DM Healthcare
Debt Financing in 2017
Aster DM Healthcare is a prominent healthcare provider based in India, offering a wide range of healthcare solutions across various sectors. The company operates multiple business divisions, including hospitals, clinics, retail pharmacies, and diagnostic centers. Aster integrates its existing brands under a unified name, enhancing recognition and service delivery through Aster Hospital, Aster Medical Centre, Aster Pharmacy, and Aster Diagnostic Centre. Its primary revenue is generated from the hospitals segment, reflecting its significant presence in the healthcare market. Aster DM Healthcare extends its operations across the Gulf Cooperation Council (GCC) countries, including the United Arab Emirates, Qatar, Oman, Saudi Arabia, Jordan, Kuwait, and Bahrain, as well as in India and Mauritius, thereby serving a diverse customer base.
Furlenco is a furniture subscription service based in Bangalore, founded in 2012 by Ajith Karimpana. The company was established to address the challenge of finding well-designed, affordable furniture for rent. Furlenco provides a curated selection of furniture tailored to various lifestyles, catering to students, families, and expatriates alike. Its platform allows customers to rent furniture for living rooms, bedrooms, and dining areas, offering a range of benefits such as free relocation, free swaps, deep-cleaning services, and damage waivers. This model enables clients to access quality furniture conveniently and cost-effectively, with the flexibility to exchange items based on their changing needs.
Mswipe is an independent company focused on providing mobile point-of-sale (POS) solutions to small and medium-sized enterprises (SMEs) in India. The company specializes in terminal use mobile POS technology that works with various devices such as smartphones, tablets, and computers, enabling merchants to accept debit and credit card payments using their mobile phones. Mswipe aims to link the vast majority of India's 12-15 million SMEs, currently underserved by traditional financial services, to mainstream digital commerce through efficient mobile POS solutions. The company strives to create India’s largest financial services platform for SMEs, with a current focus on expanding its reach across the country.
Mswipe is an independent company focused on providing mobile point-of-sale (POS) solutions to small and medium-sized enterprises (SMEs) in India. The company specializes in terminal use mobile POS technology that works with various devices such as smartphones, tablets, and computers, enabling merchants to accept debit and credit card payments using their mobile phones. Mswipe aims to link the vast majority of India's 12-15 million SMEs, currently underserved by traditional financial services, to mainstream digital commerce through efficient mobile POS solutions. The company strives to create India’s largest financial services platform for SMEs, with a current focus on expanding its reach across the country.
Mswipe is an independent company focused on providing mobile point-of-sale (POS) solutions to small and medium-sized enterprises (SMEs) in India. The company specializes in terminal use mobile POS technology that works with various devices such as smartphones, tablets, and computers, enabling merchants to accept debit and credit card payments using their mobile phones. Mswipe aims to link the vast majority of India's 12-15 million SMEs, currently underserved by traditional financial services, to mainstream digital commerce through efficient mobile POS solutions. The company strives to create India’s largest financial services platform for SMEs, with a current focus on expanding its reach across the country.