SRI Capital

SRI Capital is an early-stage venture capital firm founded in 2007, with headquarters in Philadelphia and an office in India. The firm focuses on funding innovative technology startups, primarily in India and the United States, while also considering global companies aiming to enter the Indian consumer market. SRI Capital's primary investment areas include enterprise software and deep tech, targeting startups that develop scalable applications for the U.S. market, Indian startups that leverage the Digital India initiative for middle-income consumers, and cross-border innovations to serve the Indian market. Typically, SRI Capital acts as the first institutional investor, committing between $500,000 and $1,000,000 for a meaningful minority stake, and often leads investment rounds. The firm is known for its active involvement with portfolio companies, providing support beyond financial investment, and may invest up to $5,000,000 in any one company.

Doc Parghi

Managing Partner

Sashi Reddi

Managing Partner

31 past transactions

Brown Foods

Seed Round in 2022
Brown Foods is to produce “real cow’s milk” in a laboratory.

Xook

Pre Seed Round in 2022
Xook is a developer of robotic fresh food kiosks that delivers fresh food at the office, cafeteria, or at an apartment. Xook offers freshly prepared food to users' order and served in under a minute.

Meddo

Seed Round in 2021
Meddo, operating under Arctern Healthcare, is transforming the delivery of primary and secondary healthcare in India through a connected care platform. The company focuses on providing digitized health records and specialized doctors within its clinics. Its services include in-clinic diagnostics and the dispensing of medications, along with a door-to-door drug delivery system. This approach aims to enhance patient access to professional healthcare services while prioritizing convenience and reducing stress associated with medical treatment. Meddo's innovative model seeks to create a more efficient and patient-centered healthcare experience.

Fakespot

Series A in 2020
Fakespot Inc. is a New York-based company that specializes in data analytics to identify fake online product reviews. Established in 2016, it offers a platform that employs patented algorithms to evaluate the reliability of reviews on various e-commerce sites. By analyzing product feedback, Fakespot provides consumers with a grade indicating the authenticity of the reviews, helping them avoid misleading content while shopping online. The company's application is accessible on both the App Store and Google Play, further expanding its reach to consumers seeking trust and transparency in online purchasing.

Spoonshot

Seed Round in 2020
Spoonshot Inc. is a technology company that specializes in artificial intelligence-driven analytics for the food and beverage industry. Founded in 2015 and based in Saint Paul, Minnesota, with additional offices in London and Bengaluru, Spoonshot provides a mobile application and online platform that offers personalized insights and recommendations. Its innovative approach combines food science and AI to analyze consumer behavior and market trends, allowing clients to develop menus, select recipes, and gather customer feedback effectively. By connecting various data sets, Spoonshot helps industry stakeholders predict future trends and identify novel opportunities, ensuring they can meet evolving consumer demands. The company, originally known as Dishq, rebranded to Spoonshot in October 2018.

Meddo

Seed Round in 2019
Meddo, operating under Arctern Healthcare, is transforming the delivery of primary and secondary healthcare in India through a connected care platform. The company focuses on providing digitized health records and specialized doctors within its clinics. Its services include in-clinic diagnostics and the dispensing of medications, along with a door-to-door drug delivery system. This approach aims to enhance patient access to professional healthcare services while prioritizing convenience and reducing stress associated with medical treatment. Meddo's innovative model seeks to create a more efficient and patient-centered healthcare experience.

Fitso

Seed Round in 2019
Fitso is a fitness-focused mobile application that aims to assist individuals in reaching their fitness objectives. The app offers a variety of free features, including GPS tracking for running and cycling, home workout videos, and a calorie counter for meal logging. It also incorporates engaging elements such as challenges, badges, and a social feed that allows users to monitor fitness activities within their network or globally. Additionally, Fitso operates a marketplace that connects users with fitness coaches, training partners, and other professionals such as yoga instructors, dieticians, and masseurs. This platform provides fitness enthusiasts with accessible and affordable personal training options, making Fitso a comprehensive fitness solution.

Edgetensor

Seed Round in 2019
Edgetensor Technologies Inc. specializes in developing an artificial intelligence-based driver monitoring system that identifies and alerts distracted drivers. Founded in 2019 and located in Plano, Texas, the company offers a range of features including face tracking, head pose detection, emotion recognition, and gaze tracking. By utilizing an AI inference engine, Edgetensor's system performs real-time analytics, enhancing driver safety. The company's solution is designed to be efficient and cost-effective, functioning across various hardware and camera setups while maintaining a cloud back-end. This approach addresses the critical needs for speed, latency, privacy, and reliability in edge-based AI applications.

DreamVu

Funding Round in 2018
DreamVu Inc. is a technology company based in Lafayette, California, founded in 2017, specializing in the development of omni-stereo camera hardware and software platforms that unify human and machine vision. The company's innovative camera system features a unique coffee-shaped filter designed to capture a wide range of light rays, allowing for advanced visual processing capabilities. DreamVu's platform offers a 7D output that facilitates live VR streaming, localization and mapping, and object tracking, significantly enhancing the ability to process visual information. The technology is applicable across various industries, including autonomous vehicles, drones, virtual and augmented reality, robotics, and health-tech. By simplifying the processing pipeline with its 4D light field function captured in a single sensor, DreamVu aims to transform how reality is captured and understood.

VideoKen

Seed Round in 2018
VideoKen Inc. operates a video-based social learning platform designed to enhance the consumption and utility of informational videos. Founded in 2016 and based in Princeton, New Jersey, the company leverages artificial intelligence techniques to automatically index videos, creating tables of contents and phrase clouds that summarize key topics. This approach allows viewers to navigate directly to their areas of interest, addressing the common issue of short attention spans among users. VideoKen's platform supports effective video search without relying on manual tags, facilitates lead generation for businesses, and provides insights into audience viewing behavior. By transforming how people engage with educational and informational videos, VideoKen not only enhances the learning experience but also adds value to organizations that produce such content.

LetsMD

Seed Round in 2018
LetsMD hopes to change the way people access healthcare in India. With no price transparency, healthcare pricing in India is a black hole. We aim to provide an avenue for prospective patients to connect with ethical healthcare service providers offering transparency in pricing. Founded and advised by people with decades of experience in healthcare, LetsMD aims to be the go to destination for people seeking high quality healthcare at affordable prices.

Fischer Block

Series A in 2018
Fischer Block, Inc. provides a technology to the electrical power industry with a solution to embed advanced high-speed sensors throughout the electrical grid internationally. It offers ASAP Grid Sensor Analytics System, a solution to simplify the installation, operation, and maintenance of large and distributed sensor network; fault anticipation and detection, substation monitoring, synchro phasor streaming, power quality, troubleshooting, distributed energy resources monitoring, and cyber threat reduction solutions; intelligent recording devices; and ASAP Pro Software Analytics System, which analyzes three-phase RMS and high-speed data. The company serves wind integration, inverting solar, transportation, manufacturing, oil and gas, chemical processing, mining, and hydro power industries. Fischer Block, Inc. was incorporated in 2013 and is based in Royersford, Pennsylvania with sales and support offices in the United States and internationally.

Fakespot

Seed Round in 2018
Fakespot Inc. is a New York-based company that specializes in data analytics to identify fake online product reviews. Established in 2016, it offers a platform that employs patented algorithms to evaluate the reliability of reviews on various e-commerce sites. By analyzing product feedback, Fakespot provides consumers with a grade indicating the authenticity of the reviews, helping them avoid misleading content while shopping online. The company's application is accessible on both the App Store and Google Play, further expanding its reach to consumers seeking trust and transparency in online purchasing.

MyShubhLife

Venture Round in 2018
MyShubhLife is a full stack financial services provider for the Next Half Billion. With Real-time analytics and credit reports based on alternative data, MyShubhLife reaches unserved and underserved market segments to provide meaningful financial inclusion. MyShubhLife has further strengthened its financial inclusion goal through its financial wellness program for corporates and individuals by expanding its portfolio to include Mini and Micro loans, Insurance, Mutual Fund SIPS, Tax filing service and more.

Foyr

Series A in 2018
Foyr is a leading 3d visualization software for real estate and design professionals

Sports Flashes Pvt. Ltd

Seed Round in 2018
India Sports Flashes Pvt. Ltd. develops and operates a sports application which offers sports news, views, and trivia. The company was founded in 2016 and is based in New Delhi, India.

Yellowdig

Venture Round in 2018
Yellowdig's software platform creates a social layer on top of existing enterprise learning systems used by colleges, universities, and organizations. Unlike pre-existing social technology, Yellowdig is designed for higher education institutions. The platform provides instructors and learners with a private and secure experience, controlled and protected within the institution's designated environment. Yellowdig was established in 2015 and is headquartered in Philadelphia, Pennsylvania, USA.

LetsMD

Seed Round in 2018
LetsMD hopes to change the way people access healthcare in India. With no price transparency, healthcare pricing in India is a black hole. We aim to provide an avenue for prospective patients to connect with ethical healthcare service providers offering transparency in pricing. Founded and advised by people with decades of experience in healthcare, LetsMD aims to be the go to destination for people seeking high quality healthcare at affordable prices.

IndianMoney

Venture Round in 2018
IndianMoney is an online platform that offers free financial advice and education. The platform covers the categories of insurance, investment, loans, property, capital markets, mutual funds, loans and credit cards, mutual funds, and tax. It also features EMI calculators enabling individuals to calculate car, home, and personal loans. The company also offers a free mobile application, which is available for download on the Google Store. It enables users to access free financial advice, alerts, advice, and news right from their smartphones.

NumberMall

Series A in 2018
NumberMall is India’s First Merchant Managed Coupon Platform offering Local Merchant Discount Coupons with a promise to deliver the customers a great rewarding experience for your spends on Recharges, Payments & Tickets.

BuildSafe

Venture Round in 2017
BuildSafe Sweden AB is a Stockholm-based company that specializes in developing a digital safety management tool tailored for the construction industry. Founded in 2015, BuildSafe offers a mobile application and web platform designed to enhance safety, transparency, and efficiency in construction projects. The service enables construction companies to effectively report, document, and monitor risks, thereby maintaining high levels of security and quality while minimizing the burden of paperwork. Through its innovative solutions, BuildSafe aims to improve overall safety standards within the construction sector.

MyShubhLife

Seed Round in 2017
MyShubhLife is a full stack financial services provider for the Next Half Billion. With Real-time analytics and credit reports based on alternative data, MyShubhLife reaches unserved and underserved market segments to provide meaningful financial inclusion. MyShubhLife has further strengthened its financial inclusion goal through its financial wellness program for corporates and individuals by expanding its portfolio to include Mini and Micro loans, Insurance, Mutual Fund SIPS, Tax filing service and more.

Imaginate

Seed Round in 2017
Imaginate Software Labs Pvt Ltd is a prominent technology company specializing in augmented reality (AR) and virtual reality (VR) solutions. Founded in 2011 and headquartered in Hyderabad, India, the firm develops innovative products and services aimed at enhancing consumer experiences across various sectors, including retail, defense, entertainment, finance, and healthcare. Imaginate's offerings include advanced visualization technologies that facilitate immersive and interactive communication, allowing enterprises to implement experiential solutions effectively. With a strong foundation of expertise in AR and VR, Imaginate continues to lead in delivering cutting-edge technology to meet the evolving needs of its clients.

Zuppler

Seed Round in 2016
Zuppler provides online food ordering service to restaurants. Zuppler's online ordering technology integrates directly with restaurant's website and is also available via the the Zuppler Network. User's can order food for pickup or delivery from the restaurant's own website or via various dining guides and portals (including Zuppler.com). Restaurant's can integrate online ordering directly on their website using Zuppler API's. Users will remain on the restaurant website while ordering online and will NOT be redirected to an external website. This increases the traffic and the page rank for the restaurant website and converts the website into a revenue generating avenue. Zuppler network includes various online dining guides and portals. Websites on the Zuppler Network provide their users the ability to order online directly from their site using Zuppler's online ordering technology. The restaurant menu's are customized to match the look and feel of the network website. Website and Wordpress developers can leverage Zuppler's online ordering plugin to provide their restaurant clients advanced features including online ordering, discounts, coupons, catering, group ordering etc. Zuppler also integrates online ordering directly on restaurant's Facebook pages and enables their fans to order online directly from Facebook. Zuppler's online ordering technology is available and is optimized for all smart phone devices, iPads and other tablets. By using Zuppler's online ordering technology, mobile ordering is automatically enabled for restaurant websites, network portals and for website developers. The 24/7 customer service and the "no order left behind" policy ensures that every order placed via the restaurant website and any of the Zuppler's network are processed and completed in a timely manner. Users can use the "Live Order Tracking" feature to monitor the progress and status of their order while they are processed. Zuppler partners with independent restaurants, small and large restaurant chains and food trucks. Zuppler's order throttling feature enables restaurants to scale up and down dynamically and helps manage the order volume and enables restaurants to scale at a pace they are comfortable with.

Yellowdig

Seed Round in 2016
Yellowdig's software platform creates a social layer on top of existing enterprise learning systems used by colleges, universities, and organizations. Unlike pre-existing social technology, Yellowdig is designed for higher education institutions. The platform provides instructors and learners with a private and secure experience, controlled and protected within the institution's designated environment. Yellowdig was established in 2015 and is headquartered in Philadelphia, Pennsylvania, USA.

WorkApps

Seed Round in 2016
WorkApps Solutions Pvt. Ltd. is a business productivity and collaboration company that develops technology solutions for organizations to improve work management, team collaboration, knowledge transmission, and performance analysis. It offers WorkApps, a cloud based task management system that features tools, such as tasks lists, one to one chat, team discussions, files and backup, project working, and performance reports. The company was incorporated in 2015 and is based in Pune, India.

Sidecar

Series B in 2015
Sidecar is an e-commerce marketing company that builds the advanced technology retailers need to optimize cross-channel online shopping campaigns. With a team of data science and e-commerce experts, our state-of-the-art machine learning engine, and a massive volume of data, Sidecar is the magic behind retail's most efficient and powerful online shopping campaigns.

NumberMall

Series A in 2015
NumberMall is India’s First Merchant Managed Coupon Platform offering Local Merchant Discount Coupons with a promise to deliver the customers a great rewarding experience for your spends on Recharges, Payments & Tickets.

YUPPTV

Venture Round in 2014
YUPPTV is an online platform providing access to Indian TV channels and magazines of various languages. It provides a reliable, resilient, and scalable platform for all broadcasters and content providers to reach their target audience globally over 6 screens of connected TVs, STBs, PC, smartphones, tablets, and social networking sites like Face book.

Hello Curry

Seed Round in 2014
Hello Curry is a pioneering fast-food chain in India, founded by Raju Bhupati and Sandeep Penmatsa in 2014. It operates as an Internet-first, asset-light model, focusing on delivering fresh Indian cuisine through a unique quick service restaurant (QSR) approach. With 29 outlets across four cities, Hello Curry aims to expand its presence globally, targeting ten outlets per city over the next five years. Its innovative KICK (Kitchen in Commercial Kitchen) model enables rapid setup in partner kitchens, enhancing productivity and reducing overall costs. The brand is recognized for its exceptional packaging, awarded both the Best QSR Restaurant in South India and the best packaging award. To support its growth strategy, Hello Curry has made strategic acquisitions, including Paratha Post and Fire 42, and has partnered with the Pune-based fast-food chain EatSome. The company is focused on expanding its footprint in major Indian cities such as Delhi, Chennai, Hyderabad, Bangalore, Mumbai, and Kolkata, while ensuring a seamless online food delivery experience for its customers.

Identropy

Series A in 2012
At Identropy, we’re OCD about making customers successful in their Identity Management initiatives. It has been our sole focus since our founding in 2006, and most of us have over 10 years of experience in this space. While we’ve had the privilege of making many clients successful, we’ve also seen firsthand how difficult these programs can be to implement and to sustain. We believe that cloud computing provides the platform that can truly revolutionize how IDM solutions are delivered and consumed, and bring to fruition the vision of better security, lowered costs, and fast time-to-value.
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