Rajasthan Venture Capital Fund

Rajasthan Venture Capital Fund, established in 2002 and based in Jaipur, India, is a venture capital firm that specializes in early-stage investments in small and medium-sized enterprises across various sectors. The firm primarily targets investments in information technology, healthcare, food processing, logistics, and education, while also exploring opportunities in areas such as financial technology, e-commerce, and clean technology. Rajasthan Venture Capital Fund supports startups and mid-stage companies by providing growth capital through equity, quasi-equity, and debt instruments, with investment amounts typically ranging from Rs. 50 million to Rs. 150 million. The firm has launched multiple funds, including RVCF Fund-I and SME Tech Fund – RVCF Trust II, which have collectively invested in numerous companies and achieved successful exits. Rajasthan Venture Capital Fund aims to exit its investments within three to five years through various means, including initial public offerings or sales to strategic investors.

Gaurav Chowdhry

Vice President

Girish Gupta

CEO

Ravi Mathur

Vice President

Suneet Mathur

CEO

28 past transactions

FutureCure Health

Series A in 2022
FutureCure Health harnesses emerging technologies to diagnose and treat patients with chronic diseases like dizziness, migraine, tinnitus, and others.

Dhurina

Venture Round in 2021
Developer of an online learning platform designed to help in competitive exam preparations. The company's platform offers a range of online courses, live classes, and mock tests through its mobile application for state civil service exams, enabling students to improve their skills to advance their careers.

Codevidhya

Seed Round in 2021
Operator of an educational platform intended to empower the young generation to Code. The company's platform offers an annual curriculum as a complete program, which is a combination of textbook and online learning and teaching and it also offers students workshops, code challenges, project mentorship, and quarterly product implementation effectiveness assessment, enabling kids to get the education that equips them with future skills and raises awareness to become the architect of their life.

Elixia Inc

Seed Round in 2021
Developer of supply chain technology services designed to enhance the logistics sector by introducing technological innovations. The company offers vehicle tracking, warehouse monitoring, complete transport management services, fleet management, document management, end-to-end logistics control tower, distribution, and sales management, enabling businesses to automate end-to-end logistics and operations.

Boon

Venture Round in 2021
Affordable, intelligent and energy smart water purification solutions for communities. Swajal is the next-gen solution to water scarcity challenge. They are working towards making water accessible for everyone.

Kirana King

Seed Round in 2020
Kirana King Retail Network Pvt. Ltd. is a grocery retail aggregator based in Jaipur, India, founded in 2017. The company focuses on supporting small retail stores by enhancing their operations through supply chain management, marketing services, and e-commerce solutions. Kirana King digitizes inventory for these stores, allowing them to process online orders and compete more effectively in the marketplace. By providing training, support, and a centralized platform, Kirana King aims to standardize and improve the visibility and competitiveness of traditional grocery stores. This enables clients to offer quality products at competitive prices, leveraging technology to enhance consumer convenience.

FreshoKartz

Seed Round in 2020
Freshokartz Agri Products Pvt. Ltd. operates an e-commerce marketplace specializing in the sale of farm-fresh fruits and vegetables. Established in 2016 and based in Jaipur, India, with an additional location in Gurugram, the company connects farmers directly with consumers via its website and mobile application. Freshokartz goes beyond retail by providing farmers with tailored agricultural advice based on soil data and historical crop performance, thereby enhancing productivity. The company also facilitates access to financial solutions and insurance through partnerships with financial institutions. By integrating various stakeholders in the agriculture sector—including farms, farmers, vendors, and customers—Freshokartz aims to streamline the supply chain and introduce modern farming techniques, such as greenhouse and drip irrigation practices. This comprehensive approach not only supports farmers in improving their yields and incomes but also fosters sustainable agricultural practices in India.

Krimanshi

Series A in 2020
Krimanshi Technologies Private Limited, established in 2015 and located in Jodhpur, India, focuses on manufacturing animal feeds utilizing food surplus, residues, and waste materials. The company produces a range of products, including dairy pellets, cottonseed cake, mineral mixtures, silage, and fruit powder. Founded by biotech engineer Nikhil Bohra, Krimanshi aims to enhance rural income by improving the productivity of Indian cattle through high-quality feed solutions. A notable innovation from the company is the development of nutritional feed pods derived from the mesquite plant, an invasive species in the region, which contributes to its mission of sustainable agricultural practices.

MedCords

Series A in 2020
MedCords Healthcare Solutions Private Limited, founded in 2016 and based in Kota, India, offers a digital platform designed for the secure storage and management of medical records for patients, healthcare providers, pharmacies, and laboratories. The platform aims to enhance the healthcare experience, particularly for the rapidly growing rural population in India, by providing easy access to medical history anytime and anywhere. MedCords emphasizes data security, employing high standards and granular permissions to ensure that only authorized individuals can view a patient's records. By digitizing medical information, MedCords facilitates seamless connections between patients and local healthcare professionals, allowing for simplified consultations and access to medical stores. This innovative approach seeks to transform healthcare delivery for millions of families across the country.

Wooden Street

Series A in 2020
Wooden Street is an online furniture retailer that specializes in custom-made wood furniture and home accessories. The company offers a unique platform where customers can choose from a catalog of pre-made designs or request modifications tailored to their specific needs. This customization extends to various aspects of the furniture, including the type of wood, finishes, fabric options, and colors. With a robust omni-channel presence, Wooden Street operates over 25 experience stores across India and provides services in more than 100 cities through its online platform and delivery centers. Its focus on personalized furniture solutions positions Wooden Street as a notable player in the Indian furniture market.

Fabriclore

Seed Round in 2020
Fabriclore is a digital retailer of fabrics that sells through its own platform both in India and abroad.

Be U Salons

Seed Round in 2018
Be U is India's first subscription based Salon Chain, Helping customers experience quality services at neighbourhood salons through an annual subscription while helping neighbourhood salons utilise their idle capacity at a minimal franchise subscription cost.

Wholesalebox

Venture Round in 2018
WholesaleBox is a platform for wholesale buying and selling across India, for retailers (Shopkeepers) to be able to buy directly at factory prices. They are a bunch of technology and business people from IIMs, IITs, NITs, etc, who are working to bring efficiency in the whole distribution system and help retailers get more variety at their doorsteps at 25-40% lower prices. They can take advantage of our simple app / web interface to buy products for their retail outlets and get those without having to travel to different cities / manufacturing hubs or to buy at much higher prices from the wholesalers near them.

Wholesalebox

Venture Round in 2018
WholesaleBox is a platform for wholesale buying and selling across India, for retailers (Shopkeepers) to be able to buy directly at factory prices. They are a bunch of technology and business people from IIMs, IITs, NITs, etc, who are working to bring efficiency in the whole distribution system and help retailers get more variety at their doorsteps at 25-40% lower prices. They can take advantage of our simple app / web interface to buy products for their retail outlets and get those without having to travel to different cities / manufacturing hubs or to buy at much higher prices from the wholesalers near them.

Wooden Street

Series A in 2018
Wooden Street is an online furniture retailer that specializes in custom-made wood furniture and home accessories. The company offers a unique platform where customers can choose from a catalog of pre-made designs or request modifications tailored to their specific needs. This customization extends to various aspects of the furniture, including the type of wood, finishes, fabric options, and colors. With a robust omni-channel presence, Wooden Street operates over 25 experience stores across India and provides services in more than 100 cities through its online platform and delivery centers. Its focus on personalized furniture solutions positions Wooden Street as a notable player in the Indian furniture market.

Direct Create

Venture Round in 2017
Direct Create Private Limited operates an online retail platform in India that connects artisans and buyers, facilitating the sale of a diverse range of lifestyle products. Established in 2015 and based in Gurugram, the company offers items such as tableware, bedding, décor products, and accessories, along with clothing and travel goods for both men and women. In addition to its online marketplace, Direct Create fosters a community that encourages collaboration between makers, designers, and buyers to create customized and handcrafted products. By blending traditional skills with modern manufacturing techniques, the platform aims to expand the reach of local artisans while providing consumers with unique, customizable options.

Mosambee

Series B in 2015
Mosambee is a provider of a mobile point-of-sale (POS) system that is both EMV and AADHAAR compliant, offering a complete range of payment solutions. The company serves offline and online merchants, small and medium enterprises, and government departments, enabling them to process various types of transactions, including bank transfers, cash, cheques, and debit and credit card payments. By integrating digital wallet options, Mosambee allows merchants to enhance their revenue streams and streamline their operational costs.

SoftTech Engineers

Venture Round in 2014
SoftTech Engineers Limited is a prominent software product company based in Pune, India, specializing in the architecture, engineering, and construction sectors. Established in 1996, the company develops a range of software solutions, including AutoDCR, an online system for building plan scrutiny and approval; the Public Works Information Management System, which streamlines various management processes for construction projects; and OPTICON, an enterprise resource planning tool designed for construction enterprises. Additionally, SoftTech offers BIMDCR, a 3D model-based system for automatic building proposal scrutiny, and RuleBuddy, an e-commerce platform providing investment risk analysis and project feasibility services. The company's clients include property developers, investors, real estate firms, contractors, architects, and consultants, reflecting its commitment to enhancing efficiency and compliance within the construction industry.

Aujas Cybersecurity

Series B in 2013
Aujas Networks Pvt. Ltd. is a cybersecurity firm based in Bengaluru, India, established in 2008. The company provides a comprehensive range of cybersecurity services aimed at various sectors, including banking, insurance, retail, energy, communications, and technology, primarily in North America, South Asia, and the Middle East. Aujas specializes in managing information security risks through services such as identity and access management, security intelligence, data protection, and critical infrastructure security. Its offerings encompass security strategy and consulting, incident response, and risk assessments, along with cloud and mobile security solutions. Aujas also focuses on security governance and compliance, helping organizations protect their data, software, and identities while adhering to best practices. The company operates as a subsidiary of NSEIT Ltd. and emphasizes enhancing information value and mitigating risks for its clients.

Chatha Foods

Venture Round in 2013
Chatha Foods Pvt Ltd. is a prominent processed meat company based in Mohali, India, established in 1997. The company specializes in producing a wide range of frozen, ready-to-eat, and canned meat products for both Indian and international markets. Their offerings include various chicken and mutton curries, chicken sausages, cold cuts, and meals ready-to-eat, alongside meal kits that feature Indian, Chinese, and continental cuisines. Additionally, they provide individual serving pouches and a variety of accompaniments such as energy drinks, snacks, and condiments. Chatha Foods serves diverse clients, including the Indian Army, air caterers, and numerous hotels, emphasizing high-quality production processes using advanced technology. The company's commitment to hygiene and quality has positioned it as a leading manufacturer in the processed meat industry in India.

Network1 Media

Venture Round in 2013
N1 Media is the first media house in India that has an impeccable track record of providing TV consultancy. It involves launching TV networks from a ground zero position and combining that with a new vehicle called nnis (Network 1 News and Information Syndicate), that is catering to broadcast networks, online and mobile. The team has launched news channels like Sahara Samay, Channel 7 (now IBN 7) and News X for the INX Media group.

International Oncology Services

Venture Round in 2012
International Oncology Services Private Limited is a cancer treatment and care service provider based in Noida, India. Established in 2005, the company offers a comprehensive range of services, including cancer prevention, diagnostics, rehabilitation, and treatment. It operates a network of cancer treatment clinics that focus on delivering tertiary and quaternary care, making cancer services more accessible to patients in their communities. The company also engages in clinical research and has formed strategic partnerships with prominent institutions, such as Albert Einstein College of Medicine and Fortis Hospital. Through its initiatives, International Oncology Services aims to provide affordable and high-quality cancer care across India.

Frontier Lifeline

Venture Round in 2012
Frontier Lifeline Private Limited, based in Chennai, India, specializes in providing comprehensive cardiac care services to both adult and pediatric patients from India and 21 other countries. Established in 2003, the facility features a 100-bed capacity and is recognized as one of the leading heart hospitals in India. It offers a wide range of services, including diagnostic and interventional cardiology, preventive cardiology, cardiac rehabilitation, and both cardiac and vascular surgeries. Pediatric services include advanced procedures such as balloon pulmonary valvotomy and device closures for congenital heart defects. The hospital is also equipped to perform heart and lung transplants, as well as various radiology services, including nuclear scans and SPECT imaging. Additionally, Frontier Lifeline provides outpatient counseling services, ensuring holistic care for its patients. The hospital is staffed by top cardiac surgeons and cardiologists, delivering state-of-the-art treatments for all types of cardiac diseases.

NexTenders

Venture Round in 2011
NexTenders (India) Private Limited specializes in electronic government procurement solutions for government agencies and public sector organizations in India and beyond. Established in 2000 and headquartered in Mumbai, the company offers a range of products, including eProcurement and eTendering solutions, application service provider-based e-marketplaces, and electronic tender management systems with transactional capabilities. NexTenders' platform facilitates secure end-to-end e-tendering, e-sourcing, and catalog management, allowing clients to efficiently approve tenders and negotiate deals while ensuring security and transparency. Their services extend to business-to-business software consultancy, enabling organizations to transition their processes online. With operations across Asia, Africa, and Europe, NexTenders aims to enhance procurement efficiency and contribute significant value to its clients.

PR Packaging

Venture Round in 2011
Manufacturer of folding cartons and corrugated boxes. The company's product portfolio includes foil board cartons, food packaging cartons, litho-laminated cartons and special format cartons.

TechAxes

Venture Round in 2006
Provider of a business analytics software. The company offers business intelligence and analytics software that enables businesses to align business performance with corporate strategy by integrating all aspects of financial management, operations management, customer relationship management and human resources management.
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