Ideaspring Capital

Ideaspring Capital is a Bangalore-based venture capital firm founded in April 2016, focusing on seed and early-stage investments in India. The firm primarily targets technology companies with unique intellectual property in sectors such as healthcare, Internet of Things, machine learning, deep learning, computer vision, enterprise solutions, big data analytics, augmented and virtual reality, and cybersecurity. Ideaspring Capital typically invests between INR 30 million and INR 50 million in its portfolio companies. By partnering with entrepreneurs, Ideaspring Capital aims to support innovative technology initiatives that contribute to a better world, leveraging the founders' experience as former technology entrepreneurs to guide startups on their journey to success.

Naganand Doraswamy

Managing Partner

Sulesh Kumar

Associate

Aniketh Mj

Associate Vice President

19 past transactions

Smart Ship

Seed Round in 2022
The Smart Ship Hub is an easy and quick to deploy remote vessel management platform for safety, reliability, and cost savings.

Karomi

Seed Round in 2022
Karomi Technology Pvt. Ltd. develops software that provides artwork management and enterprises solutions. The company was incorporated in 1997 and is based in Chennai, India.

B2Brain

Seed Round in 2021
Developer of an account intelligence platform intended to deliver insights about the business ecosystem. The company's platform assists in discovering agencies, service providers, vendors, and business opportunities through business-to-business and peer-to-peer relationships to get all types of key insights on the clients, enabling companies to discover, engage, and convert prospects and leads into opportunities.

Ahammune Biosciences

Seed Round in 2021
Ahammune Biosciences is an innovation-led drug discovery company started in 2016 which focuses on developing new treatment options for immune mediated diseases of the skin. Our current program is on the depigmenting disorder, Vitiligo.

Mihup Communications

Series A in 2020
Mihup Communications Private Limited develops and provides, Mihup, a personal mobile assistant with artificial intelligence that provides users their desired information from the Web with curate recommendations. It helps to provide information on shopping, travel, food, entertainment, and real estate sectors. The software is based on automatic speech recognition in Indian languages with an AI foundation for scale and reliability in natural language processing (NLP) and information retrieval (IR). The company was incorporated in 2016 and is headquartered in Kolkata, India.

Nimesa Technology

Pre Seed Round in 2020
NIMESA is an enterprise-class Application Aware data protection & copy data management Solution for applications running on both virtual and cloud environment like AWS.

Numocity

Seed Round in 2020
Numocity is a company with business focus at the intersection of Automobile, Energy and Digital Technologies for Electric Mobility. We offer middleware platform for providing "Energy as a Service" with with fixed EV chargers or Battery swappable solutions. Our platform helps Oil marketing companies, Power Utility companies, Fleets and auto OEMS to build , operate and monetise services for Electric Mobility.

Bewgle

Seed Round in 2019
Bewgle is a computer software company that uses cutting-edge artificial intelligence platform and machine learning to help e-commerce companies and brands understand and leverage customer reviews.

Mihup Communications

Series A in 2019
Mihup Communications Private Limited develops and provides, Mihup, a personal mobile assistant with artificial intelligence that provides users their desired information from the Web with curate recommendations. It helps to provide information on shopping, travel, food, entertainment, and real estate sectors. The software is based on automatic speech recognition in Indian languages with an AI foundation for scale and reliability in natural language processing (NLP) and information retrieval (IR). The company was incorporated in 2016 and is headquartered in Kolkata, India.

Peritus.ai

Seed Round in 2019
Peritus.ai Inc. is a technology company based in Palo Alto, California, established in 2017. It specializes in developing an artificial intelligence-based virtual expert to enhance customer service for IT products and services. The company's platform leverages natural language processing and deep learning to analyze patterns from product designs, historical incidents, configurations, and log data, enabling it to predict support needs and incident characteristics. Peritus.ai aims to automate support delivery and incident resolution for complex systems, ultimately facilitating faster problem-solving. Co-founded by industry veterans Robin Purohit and Santhosh Srinivasan, the company is currently in stealth mode and has secured seed funding, with several early adopters utilizing its technology in production.

Lavelle Networks

Series A in 2019
Lavelle Networks Private Limited specializes in software-defined networking solutions, primarily focusing on software-defined wide area network (SD-WAN) technologies. Founded in 2015 and based in Bengaluru, India, the company offers a comprehensive SD-WAN platform that connects users to applications across various locations, facilitating access to data centers and cloud services. Lavelle Networks provides a range of professional services, including managed services, migration, deployment, data services, and technical support. Its solutions are tailored for diverse industries such as banking, retail, government, e-commerce, and logistics, aiming to enhance network performance for distributed enterprises. The company’s ScaleAOn SD-WAN solution is designed to ensure a seamless network experience, emphasizing scale, speed, and security, particularly for enterprises undergoing digital transformation and utilizing hybrid WAN or cloud applications.

Simyog Technology

Seed Round in 2019
Simyog Technology Private Limited offers software programs through its product Compliance Scope, that allow builders to check digital parts’ resistance to electromagnetic interference within the design stage. The company was founded in 2017 and is based in Bengaluru, India.

worxogo

Series A in 2018
worxogo was setup in 2015 by a team of seasoned professionals with decades of experience in Business transformation, Operations, Analytics & Big data at IBM, PwC, KPMG & Opera. With an advisory board of world-renowned experts in neuro-economics and behaviour design, worxogo looks to change the way teams are managed and their productivity improved. Using an AI engine built on proprietary algorithms, it acts like a KPI coach that understand employee motivations, and 'nudges' them to improve their productivity one activity at a time.

Spanugo

Seed Round in 2018
Spanugo Inc. provides security solutions for IT infrastructure. The company automates the reading of all device settings, configurations, and logs and then comparing them to the requirements of industry standards (PCI, HIPAA). Spanugo Inc. was founded in 2016 and is based in Santa Clara, California.

Peritus.ai

Seed Round in 2018
Peritus.ai Inc. is a technology company based in Palo Alto, California, established in 2017. It specializes in developing an artificial intelligence-based virtual expert to enhance customer service for IT products and services. The company's platform leverages natural language processing and deep learning to analyze patterns from product designs, historical incidents, configurations, and log data, enabling it to predict support needs and incident characteristics. Peritus.ai aims to automate support delivery and incident resolution for complex systems, ultimately facilitating faster problem-solving. Co-founded by industry veterans Robin Purohit and Santhosh Srinivasan, the company is currently in stealth mode and has secured seed funding, with several early adopters utilizing its technology in production.

Zapty

Seed Round in 2017
Zapty provides everything you need to be on top of your work, be it personal or social or with teams and projects at work. It essentially flips traditional work management on its head by putting conversations at the center of work to naturally and seamlessly discover, collaborate and manage work. At the most rudimentary level, imagine, "WhatsApp" with accountability and workflow. Zapty is not only a great personal to-do but also a fun tool for communication, project tracking and planning combined with very simple intuitive workflow capabilities. The to-do provides one single source of everything you have to do to effectively organize your work, projects, personal and extended social life. The uncluttered simple list can be continuously used for planning and staying organized. In addition, there is a simple “WhatsApp” like conversation/collaboration platform that allows one to communicate with anyone inside or outside the organization. One can not only send messages, but also request for responses and approvals, schedule meetings, conduct surveys and polls with a capability to even further extend by adding your own simple workflows and additional context. Think of the simplicity of “WhatsApp” that is extended to become highly structured and accountable. The solution also provides a birds eye view on everything that matters to you, be it your personal to-dos, people you are dependent upon and those that depend on you, your family and your projects. It also allows planning around more sophisticated projects, sharing and managing documents, and tracking completion of the projects. With the growing popularity of mobile devices, Zapty is designed to provide a seamless multi-screen responsive user experience for simultaneous and synchronous usage of devices while getting your work done. This design allows one to switch devices based on context and situation without having to stop any conversation or work while you are online or offline. In short, it revolutionizes how individuals and businesses perform work by collaborative decision making to eliminate everyday chaos and unnecessary noise, introduce standardized work practices and create transparency, thus dramatically increasing the pace at which work gets done.

Whodat

Seed Round in 2017
At Whodat, we are a team of engineers, designers, and scientists building the next generation Marker-less Augmented Reality Platform. Our platform will empower developers to create beautiful AR experiences that the world can benefit from and enjoy. Our goal is to simplify experience creation, and make the crazy ideas in AR more tangible and achievable. We believe that inclusive AR experiences are a big part of our future, and want to be a part of the movement spearheading this leap.

Lavelle Networks

Seed Round in 2017
Lavelle Networks Private Limited specializes in software-defined networking solutions, primarily focusing on software-defined wide area network (SD-WAN) technologies. Founded in 2015 and based in Bengaluru, India, the company offers a comprehensive SD-WAN platform that connects users to applications across various locations, facilitating access to data centers and cloud services. Lavelle Networks provides a range of professional services, including managed services, migration, deployment, data services, and technical support. Its solutions are tailored for diverse industries such as banking, retail, government, e-commerce, and logistics, aiming to enhance network performance for distributed enterprises. The company’s ScaleAOn SD-WAN solution is designed to ensure a seamless network experience, emphasizing scale, speed, and security, particularly for enterprises undergoing digital transformation and utilizing hybrid WAN or cloud applications.

Karomi

Seed Round in 2017
Karomi Technology Pvt. Ltd. develops software that provides artwork management and enterprises solutions. The company was incorporated in 1997 and is based in Chennai, India.
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