Molbio Diagnostics Private Limited manufactures and distributes medical appliances, instruments, and appliances for measuring, checking, testing, navigating, and other purposes. The company products include Truelab; real-time quantitative micro PCR and micro PCR printer, Truenat; chip-based real-time PCR test for mycobacterium tuberculosis, and Trueprep; pre-treatment pack for non-MTB samples. Molbio Diagnostics Private Limited was founded in 2000 and is based in Verna, India with additional offices in Goa, West Bengal, Delhi, Maharashtra, Tamil Nadu, and Karnataka.
DotPe is a technology start-up based in Gurgaon, Haryana, India, founded in 2019 by Anurag Gupta, Gyanesh Sharma, and Shailaz Nag. The company operates a commerce and payments platform designed to enhance customer engagement and streamline the payment experience for offline enterprises. By facilitating digital transformation, DotPe enables businesses to sell directly to consumers, manage their catalogs, and improve overall efficiency. The platform offers various features, including customer management, order management, website management, shipping and logistics, and marketing, helping offline businesses grow and adapt to modern sales strategies.
Shiprocket is a logistics aggregation platform designed to facilitate global and domestic shipping for micro, small, and medium enterprises (MSMEs) in the e-commerce sector. Launched in 2017, the platform serves around 1.5 lakh sellers, enabling shipping to approximately 220 countries and 26,000 PIN codes in India through partnerships with 18 courier services. Shiprocket stands out for its AI-driven recommendation engine, which helps businesses select appropriate courier services, and its cost-effective shipping rates. The platform provides a user-friendly integrated ecosystem, including tools like Shiprocket 360 and Shiprocket Social, enabling sellers to manage their shipping and returns efficiently from a single interface. With a remarkable year-over-year growth rate of 300%, Shiprocket has established itself as a key player in the logistics landscape for e-commerce in India.
Lenskart Solutions Private Limited operates as a prominent online eyewear retailer in India, offering a wide range of products including prescription glasses, sunglasses, and contact lenses for men, women, and children. Established in 2008 and based in New Delhi, the company has expanded its presence through numerous retail stores across various cities in India. Lenskart is known for its user-friendly online platform, where customers can select from over 500 designs of eye frames and enjoy features like 48-hour free home delivery and a 365-day return policy. The company provides an extensive selection of contact lenses from leading brands, catering to diverse customer needs. Additionally, Lenskart offers home eye check-up services in several major cities, enhancing customer convenience and accessibility to eye care.
ShareChat is an Indian social media startup. It offers the content consumption and sharing platform only in Indian vernacular languages to cater to over 1.17 billion wireless network users of India. It is available in 15 Indian languages. The company was founded in 2015 and is headquartered in Bangalore, Karnataka.
Country Delight produces and distributes milk intended to provide good quality and unadulterated milk at doorstep. The company's application offers to order milk products and have them delivered directly from the farmer, enabling customers to get rid off the hassle of managing ones milk requirements.
Map-based intelligent platform with single-click access to street-level location data - demographics, competitions, movements - for retail.
Dr. Agarwal's Eye Hospital Limited is a prominent healthcare provider specializing in eye care and treatment, with operations in India and internationally. Founded in 1957 by Dr. R.S. Agarwal in Delhi, the organization has grown to encompass a network of hospitals, clinics, and research facilities. The hospital offers a wide range of services, including treatments for cataracts, glaucoma, corneal disorders, refractive issues, and pediatric ophthalmology, among others. Additionally, it is involved in healthcare-related activities and the operation of various medical facilities. With a commitment to advancing eye care, Dr. Agarwal's Eye Hospital has established itself as a leader in the field, contributing to the upliftment of community health and well-being.
Open develops and offers an online platform for banking and intercompany settlement. It offers digital banking service for startups and small and medium enterprises that offer digital bank accounts that includes a current account packed with tools for bookkeeping, invoices, moving money, and accessing credit. Open's application programming interface platform lets financial institutions integrate banking and payments into their applications and accounting systems. Anish Achuthan founded it in 2017, with its headquarters in Bengaluru in India.
Waresix is a logistics platform for freight-forwarding, warehouse, and land transportation. It is a platform that matches unused warehouse space with users in need of such facility, looks to capitalize on the demand for flexible warehousing given the booming e-commerce market in the country. Waresix provides a solution for dynamic warehousing strategy that allows customers, retailer, distributor, and manufacturer to quickly adapt to variable demand. Waresix is headquartered in Jakarta, Indonesia.
Country Delight produces and distributes milk intended to provide good quality and unadulterated milk at doorstep. The company's application offers to order milk products and have them delivered directly from the farmer, enabling customers to get rid off the hassle of managing ones milk requirements.
eFishery is automatic fish feeder for all types of fish. This tool can not only provide feed scheduled, with a dose efficient, and automatic, but also record every feed in real-time. You can access the data feed, anytime, anywhere with precision. There is no longer a problem of over-feeding, fish feeding or feed irregularly diverted. eFishery provide the best solutions, reliable, and affordable.
ShareChat is an Indian social media startup. It offers the content consumption and sharing platform only in Indian vernacular languages to cater to over 1.17 billion wireless network users of India. It is available in 15 Indian languages. The company was founded in 2015 and is headquartered in Bangalore, Karnataka.
Shiprocket is a logistics aggregation platform designed to facilitate global and domestic shipping for micro, small, and medium enterprises (MSMEs) in the e-commerce sector. Launched in 2017, the platform serves around 1.5 lakh sellers, enabling shipping to approximately 220 countries and 26,000 PIN codes in India through partnerships with 18 courier services. Shiprocket stands out for its AI-driven recommendation engine, which helps businesses select appropriate courier services, and its cost-effective shipping rates. The platform provides a user-friendly integrated ecosystem, including tools like Shiprocket 360 and Shiprocket Social, enabling sellers to manage their shipping and returns efficiently from a single interface. With a remarkable year-over-year growth rate of 300%, Shiprocket has established itself as a key player in the logistics landscape for e-commerce in India.
Ola Electric Mobility Pvt Limited, founded in 2017 and headquartered in Bengaluru, India, is a prominent player in the electric vehicle sector. As a subsidiary of ANI Technologies Private Limited, the company specializes in the manufacturing of electric vehicles and key components, such as battery packs, motors, and vehicle frames, at its Ola Futurefactory. Ola Electric aims to enhance electric mobility by collaborating with vehicle and battery manufacturers, cities, and driver-partners to create a comprehensive and affordable mobility ecosystem. The company not only focuses on the domestic market but is also exploring opportunities for exporting its electric vehicles to select international markets, positioning itself to capitalize on the growing demand for sustainable transportation solutions in India and beyond.
Grab Holdings Inc., based in Singapore, is a prominent mobile technology platform operating in Southeast Asia. Founded in 2012, the company offers a wide range of services, including ride-sharing through GrabTaxi and GrabCar, and food and grocery delivery. Grab also provides financial services, such as payments, consumer loans, and insurance, catering to both merchants and consumers. Its platform connects drivers and customers, generating revenue primarily through commissions from ride-sharing and food delivery services. Grab operates in eight countries, including Singapore, Indonesia, and Malaysia, where it holds a significant market share. The company has expanded its offerings to include various options for transportation and delivery, as well as a mobile wallet for seamless transactions. Grab continues to face competition from other regional players, such as Foodpanda and Gojek.
Private Equity Round in 2021
J&T Express is a freight service e-commerce company located in Jakarta.
SaladStop! is a pioneer in the healthy food movement in Singapore and aims to serve the best tasting and most nutritious salads, wraps and grain bowls. SaladStop! currently operates 23 outlets in Singapore and Manila and quickly approaching their vision of becoming the world’s leading nutrition, health and wellness company, expanding to Indonesia and Japan later this year.
CureFit is a health and fitness company that provides both digital and offline experiences focused on fitness, nutrition, and mental well-being. Founded in 2016 by Mukesh Bansal and Ankit Nagori, the company is headquartered in Bangalore, Karnataka. CureFit aims to make fitness enjoyable by offering a variety of trainer-led group workout classes that transform traditional exercise routines. Additionally, it emphasizes the importance of nutrition by delivering healthy, freshly prepared meals directly to customers' doorsteps. The company's offerings also include yoga and meditation sessions to promote mental fitness, along with accessible medical and lifestyle care services.
DeHaat, developed by Green Agrevolution Pvt. Ltd., is an innovative technology-driven platform that provides comprehensive agricultural services to Indian farmers. Launched in 2012 and based in Patna, India, DeHaat connects small farmers with essential resources such as seeds, fertilizers, and equipment, while also offering crop advisory and market linkage. The platform operates through a network of trained micro-entrepreneurs who facilitate last-mile delivery and personalized support. Registered farmers can access high-quality agricultural inputs at competitive prices and receive tailored crop reminders and monitoring assistance in their local language. Additionally, DeHaat enables farmers to sell their produce directly to institutional buyers, enhancing the efficiency of the agricultural value chain. By leveraging technology and local expertise, DeHaat aims to improve the livelihoods of thousands of farmers across India.
DeHaat, developed by Green Agrevolution Pvt. Ltd., is an innovative technology-driven platform that provides comprehensive agricultural services to Indian farmers. Launched in 2012 and based in Patna, India, DeHaat connects small farmers with essential resources such as seeds, fertilizers, and equipment, while also offering crop advisory and market linkage. The platform operates through a network of trained micro-entrepreneurs who facilitate last-mile delivery and personalized support. Registered farmers can access high-quality agricultural inputs at competitive prices and receive tailored crop reminders and monitoring assistance in their local language. Additionally, DeHaat enables farmers to sell their produce directly to institutional buyers, enhancing the efficiency of the agricultural value chain. By leveraging technology and local expertise, DeHaat aims to improve the livelihoods of thousands of farmers across India.
GoTo Group is the technology group formed by merging Gojek and Tokopedia.
ShopBack offers a one-stop lifestyle portal that powers smarter purchase decisions for consumers. Today, ShopBack is the dominant player in Southeast Asia’s e-commerce Cashback market, with an established presence in Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, powering over 1,000 orders per hour. ShopBack enhances shopping by providing up to 30% Cashback for consumers to boost their purchasing power while providing cost-effective marketing solutions for merchant partners. With over 1,300 merchant partners, including Uber, Expedia, and Lazada, ShopBack constantly strives to bring a smarter shopping experience to the consumers. In October 2015, ShopBack was awarded the winner of the Gold award in the Best Start-up (Growth Stage) category and Silver award in the Best Innovative Infocomm Products (Consumers) category at the 7th Singapore Infocomm Technology Federation (SiTF) Awards. This is the local start-up’s maiden voyage in industry awards, pitting against more than 300 nominations for the esteemed titles. The company was recently awarded the Emerging Enterprise Award in September 2016, jointly organized by The Business Times (Singapore) and OCBC Bank, which recognizes outstanding small and medium enterprises (SMEs) in Singapore.
Open develops and offers an online platform for banking and intercompany settlement. It offers digital banking service for startups and small and medium enterprises that offer digital bank accounts that includes a current account packed with tools for bookkeeping, invoices, moving money, and accessing credit. Open's application programming interface platform lets financial institutions integrate banking and payments into their applications and accounting systems. Anish Achuthan founded it in 2017, with its headquarters in Bengaluru in India.
Unacademy is an online learning platform based in Bangalore, India, that focuses on helping students prepare for major competitive examinations. Originally launched in 2010 as a YouTube channel, it officially became a platform in 2015. Unacademy provides a wide range of educational content, including short video lectures on various subjects, which are accessible for free. This approach enables aspiring students to enhance their study techniques and fosters a culture of self-learning. As India's largest learning platform, Unacademy plays a significant role in the educational landscape by supporting students in their exam preparations.
ShareChat is an Indian social media startup. It offers the content consumption and sharing platform only in Indian vernacular languages to cater to over 1.17 billion wireless network users of India. It is available in 15 Indian languages. The company was founded in 2015 and is headquartered in Bangalore, Karnataka.
Lenskart Solutions Private Limited operates as a prominent online eyewear retailer in India, offering a wide range of products including prescription glasses, sunglasses, and contact lenses for men, women, and children. Established in 2008 and based in New Delhi, the company has expanded its presence through numerous retail stores across various cities in India. Lenskart is known for its user-friendly online platform, where customers can select from over 500 designs of eye frames and enjoy features like 48-hour free home delivery and a 365-day return policy. The company provides an extensive selection of contact lenses from leading brands, catering to diverse customer needs. Additionally, Lenskart offers home eye check-up services in several major cities, enhancing customer convenience and accessibility to eye care.
Nium is an advanced payments platform redefining the way consumers and businesses send, spend, and receive funds across borders. Nium’s goal is to make the movement of money seamless through being a universal plug for financial services. The company uses agile, elegant, and modular solutions for complex business problems. Be it an Individual, new-age digital bank, or a traditional industry behemoth, Nium pride itself on creating financial infrastructure for every level of sophistication. Nium has created a payment mesh in Asia, which is being leveraged by individuals and corporates. The company also offers a configurable, multi-featured platform MassPay that helps corporate and SME users to manage and control their high-volume remittances to multiple beneficiaries in multiple currencies via a seamless process, enabling them to reduce cross-border money transfer costs by up to 80%. The company is licensed in the EU, Australia, Canada, Hong Kong, Malaysia, India, and Singapore. It is backed by marquee investors such as Vertex Ventures, Fullerton Financial Holdings, Global Founders Capital, GSR Ventures, and SBI-FMO Ventures. Its services and business model have been recognized on prestigious platforms such as Singapore Fintech Festival and India Fintech Awards in 2017.
Private Equity Round in 2021
Ola is a mobile technology platform based in India that connects passengers with a variety of transportation options, including cabs, auto-rickshaws, bikes, and shuttle buses. Founded by Ankit Bhati and Bhavish Aggarwal in December 2010, the company operates its services through a mobile application available on Windows, Android, and iOS platforms. Ola's platform is designed to provide convenient and transparent ride-hailing services, enabling users to book city taxis, outstation travel, car rentals, and corporate travel. With its headquarters in Bengaluru and additional offices across the country, Ola aims to enhance urban mobility by offering a broad network of transportation solutions. Additionally, Ola Café focuses on delivering food from top-rated local restaurants to customers within 20 minutes, further diversifying the company’s offerings.
PharmEasy is a leading pharmacy aggregator in India that operates an online drug delivery platform aimed at enhancing the supply chain of pharmaceuticals. By digitizing the process, it connects patients with local pharmacy stores and diagnostic centers, ensuring they can easily access a wide range of medicines and healthcare products. The platform is designed to make healthcare services more accessible and affordable, emphasizing the importance of good health for everyone. Through its services, PharmEasy strives to simplify the healthcare experience for patients, allowing them to fulfill their medical needs efficiently.
Licious is a path breaking concept in the Indian Food industry; aimed at solving the perennially existing problem of finding safe, delectable, trustworthy fresh meat in India. The company builds a world-class enterprise that's bound to upgrade the way the company procures, sells, buys, and consumes meat in India.
Pine Labs Private Limited is a technology company that operates a cloud-based unified point-of-sale (POS) platform designed for merchants across India, Southeast Asia, and the Middle East. The company provides a range of digital payment solutions and merchant commerce services, including Android-based smart POS devices and options for instant equated monthly installment (EMI) payments, loyalty programs, gift cards, and customer analytics. Pine Labs connects financial institutions and consumer brands, facilitating offline and online retail transactions and delivering customer insights for targeted sales strategies. Its platform supports over 350,000 POS terminals in more than 3,700 cities and towns, serving over 100,000 merchants across various sectors such as electronics, food and beverage, and fashion. The company also offers applications like myPlutus, which provides real-time transaction data, and Promozone, which aids in running promotional campaigns. Founded in 1998 and headquartered in Noida, India, Pine Labs has expanded its presence with offices in multiple Indian cities, as well as locations in Kuala Lumpur and Dubai.
Lenskart Solutions Private Limited operates as a prominent online eyewear retailer in India, offering a wide range of products including prescription glasses, sunglasses, and contact lenses for men, women, and children. Established in 2008 and based in New Delhi, the company has expanded its presence through numerous retail stores across various cities in India. Lenskart is known for its user-friendly online platform, where customers can select from over 500 designs of eye frames and enjoy features like 48-hour free home delivery and a 365-day return policy. The company provides an extensive selection of contact lenses from leading brands, catering to diverse customer needs. Additionally, Lenskart offers home eye check-up services in several major cities, enhancing customer convenience and accessibility to eye care.
UpGrad is an online education platform based in Mumbai that provides a variety of programs aimed at enhancing professional skills. Launched in 2015 by Phalgun Kompalli, Ronnie Screwvala, Ravijot Chugh, and Mayank Kumar, UpGrad offers courses in digital marketing, product management, entrepreneurship, data analytics, and digital technology management. The platform caters to both individual learners and enterprise clients, focusing on corporate learning and workforce development. It provides diploma, master's, and executive doctorate programs, along with certification courses, enabling students and professionals to acquire recognized qualifications in technology and business. UpGrad also emphasizes student support and industry insights to help learners advance their careers.
PT HaloDoc is a digital healthcare platform based in Jakarta, Indonesia, founded in 2016. It connects patients with a network of 19,000 licensed doctors and 1,000 certified partner pharmacies through its services. Users can engage with medical professionals via video calls, voice calls, and chat, facilitating real-time online consultations. The platform also allows patients to order laboratory tests that can be conducted at home and helps them locate nearby hospitals and clinics. Additionally, HaloDoc provides access to licensed medical laboratory services and a medical delivery service known as ApotikAntar, further enhancing the convenience and accessibility of healthcare for its users.
Private Equity Round in 2021
Nium is an advanced payments platform redefining the way consumers and businesses send, spend, and receive funds across borders. Nium’s goal is to make the movement of money seamless through being a universal plug for financial services. The company uses agile, elegant, and modular solutions for complex business problems. Be it an Individual, new-age digital bank, or a traditional industry behemoth, Nium pride itself on creating financial infrastructure for every level of sophistication. Nium has created a payment mesh in Asia, which is being leveraged by individuals and corporates. The company also offers a configurable, multi-featured platform MassPay that helps corporate and SME users to manage and control their high-volume remittances to multiple beneficiaries in multiple currencies via a seamless process, enabling them to reduce cross-border money transfer costs by up to 80%. The company is licensed in the EU, Australia, Canada, Hong Kong, Malaysia, India, and Singapore. It is backed by marquee investors such as Vertex Ventures, Fullerton Financial Holdings, Global Founders Capital, GSR Ventures, and SBI-FMO Ventures. Its services and business model have been recognized on prestigious platforms such as Singapore Fintech Festival and India Fintech Awards in 2017.
PharmEasy is a leading pharmacy aggregator in India that operates an online drug delivery platform aimed at enhancing the supply chain of pharmaceuticals. By digitizing the process, it connects patients with local pharmacy stores and diagnostic centers, ensuring they can easily access a wide range of medicines and healthcare products. The platform is designed to make healthcare services more accessible and affordable, emphasizing the importance of good health for everyone. Through its services, PharmEasy strives to simplify the healthcare experience for patients, allowing them to fulfill their medical needs efficiently.
Private Equity Round in 2021
LeapFrog Investments is a private equity and venture capital firm founded in 2007 and headquartered in London, with additional offices in various locations including Australia, South Africa, and several countries in Asia. The firm focuses on making growth-stage and emerging growth investments in financial services and healthcare sectors, particularly targeting businesses that provide essential financial products and healthcare delivery services. LeapFrog invests in disruptive mobile payments, insurance, pensions, credit, and retail healthcare distribution. Primarily active in emerging markets such as Kenya, Nigeria, Ghana, South Africa, India, and Indonesia, the firm typically targets equity investments ranging from $10 million to $50 million. LeapFrog aims to exit its investments within four to seven years through initial public offerings, trade sales, or secondary sales, and it is committed to both minority and majority investments in its portfolio companies.
Svante specializes in providing innovative solutions for capturing large-scale CO2 emissions from emissions-intensive industries. The company offers a commercially viable method to capture carbon dioxide from existing infrastructure, allowing for either safe storage or recycling for industrial use in a closed loop. Svante's technology stands out by enabling CO2 capture at less than half the capital cost of traditional solutions, making industrial-scale carbon capture both feasible and efficient. The company is supported by a distinguished Board of Directors, including notable figures such as Nobel Laureate Steven Chu and former Airbus Group Chief Technical Officer Jean Botti, which underscores its commitment to advancing carbon capture technologies.
Info Edge is a technology company based in Uttar Pradesh that specializes in online services across several sectors, including recruitment, matrimony, real estate, and education. Founded in 2016, the company operates multiple platforms, with its recruitment solutions segment featuring well-known websites such as Naukri.com, Quadrangle.com, Naukrigulf.com, and FirstNaukri.com. The real estate segment is represented by 99acres.com, which generates revenue through property listings and branding services for real estate developers and brokers. Additionally, Info Edge has expanded its offerings to include career counseling, professional networking, and educational classifieds, with a focus on addressing the job market in the Middle East through a dedicated Gulf version of its recruitment site. The company aims to provide comprehensive online services tailored to the needs of job seekers, property buyers, and other users in its target markets.
Zomato Private Limited is a food aggregator based in New Delhi, India, connecting users to restaurants in India and internationally. Founded in 2008, the company offers a platform for discovering restaurants, ordering food for delivery, and making table reservations. Users can search for restaurants, read and write reviews, and share recommendations within their personal network of food enthusiasts. Zomato also operates Zomato Base, a cloud-based point-of-sale system for restaurants that includes features such as inventory management and real-time analytics. As of now, Zomato serves over 55 million users across 24 countries and generates revenue primarily from food ordering and delivery services, as well as through advertising for restaurant partners. The company has attracted significant investment from various firms, reinforcing its growth and expansion in the food service sector.
Sociolla is an online beauty and personal care shopping platform based in Indonesia, designed to provide women with a convenient way to purchase a wide range of products, including makeup, skincare, haircare, and perfumes. The platform offers various items such as lip gloss, serums, lipsticks, eyeshadow palettes, hair oils, face masks, and more. Sociolla ensures the authenticity of its products by collaborating exclusively with authorized distributors and brand holders, emphasizing the importance of quality in beauty products that come into contact with the skin. The service also facilitates home delivery, enhancing the shopping experience for its customers.
PT. Tokopedia owns and operates an online platform that allows individuals and small-to-mid-sized business owners in Indonesia to open and manage their online stores. The company was founded in 2009 and is based in Jakarta Selatan, Indonesia.
CarTrade is a leading online automotive marketplace in India, facilitating the buying and selling of new and used vehicles. The platform operates across more than 80 cities and engages over 1,200 dealers through car auctions, allowing buyers and sellers to make informed decisions and access vehicles at competitive prices. CarTrade encompasses multiple brands, including CarWale, BikeWale, and Shriram Automall, and serves as a multi-channel auto platform connecting customers, dealers, original equipment manufacturers (OEMs), and other businesses. The company provides a comprehensive range of solutions for automotive transactions, encompassing marketing, financing, and various other services to streamline the vehicle exchange process.
CureFit is a health and fitness company that provides both digital and offline experiences focused on fitness, nutrition, and mental well-being. Founded in 2016 by Mukesh Bansal and Ankit Nagori, the company is headquartered in Bangalore, Karnataka. CureFit aims to make fitness enjoyable by offering a variety of trainer-led group workout classes that transform traditional exercise routines. Additionally, it emphasizes the importance of nutrition by delivering healthy, freshly prepared meals directly to customers' doorsteps. The company's offerings also include yoga and meditation sessions to promote mental fitness, along with accessible medical and lifestyle care services.
ShopBack offers a one-stop lifestyle portal that powers smarter purchase decisions for consumers. Today, ShopBack is the dominant player in Southeast Asia’s e-commerce Cashback market, with an established presence in Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, powering over 1,000 orders per hour. ShopBack enhances shopping by providing up to 30% Cashback for consumers to boost their purchasing power while providing cost-effective marketing solutions for merchant partners. With over 1,300 merchant partners, including Uber, Expedia, and Lazada, ShopBack constantly strives to bring a smarter shopping experience to the consumers. In October 2015, ShopBack was awarded the winner of the Gold award in the Best Start-up (Growth Stage) category and Silver award in the Best Innovative Infocomm Products (Consumers) category at the 7th Singapore Infocomm Technology Federation (SiTF) Awards. This is the local start-up’s maiden voyage in industry awards, pitting against more than 300 nominations for the esteemed titles. The company was recently awarded the Emerging Enterprise Award in September 2016, jointly organized by The Business Times (Singapore) and OCBC Bank, which recognizes outstanding small and medium enterprises (SMEs) in Singapore.
Private Equity Round in 2020
O2 Power Private Limited develop and execute utility scale renewable energy project. The company was incorporated in 2019 and is based in Gurugram, India.
PharmEasy is a leading pharmacy aggregator in India that operates an online drug delivery platform aimed at enhancing the supply chain of pharmaceuticals. By digitizing the process, it connects patients with local pharmacy stores and diagnostic centers, ensuring they can easily access a wide range of medicines and healthcare products. The platform is designed to make healthcare services more accessible and affordable, emphasizing the importance of good health for everyone. Through its services, PharmEasy strives to simplify the healthcare experience for patients, allowing them to fulfill their medical needs efficiently.
Sociolla is an online beauty and personal care shopping platform based in Indonesia, designed to provide women with a convenient way to purchase a wide range of products, including makeup, skincare, haircare, and perfumes. The platform offers various items such as lip gloss, serums, lipsticks, eyeshadow palettes, hair oils, face masks, and more. Sociolla ensures the authenticity of its products by collaborating exclusively with authorized distributors and brand holders, emphasizing the importance of quality in beauty products that come into contact with the skin. The service also facilitates home delivery, enhancing the shopping experience for its customers.
Private Equity Round in 2019
LF Logistics is a leading provider of logistics services across the Asia-Pacific region, specializing in supply chain management for various sectors, including fast-moving consumer goods, food and beverage, footwear, apparel, and retail. The company manages a vast network that spans Greater China, ASEAN, Japan, Korea, the Middle East, and the Indian subcontinent, which enhances its ability to navigate the diverse and economically vibrant markets of Asia. With 26 million square feet of operational space and an impressive annual growth rate of 35%, LF Logistics partners with over 400 renowned companies, facilitating the delivery of 100 million units of consumer products daily. The firm ensures that clients' products are efficiently handled from the point of manufacture to the end consumer.
Dr. Agarwal's Eye Hospital Limited is a prominent healthcare provider specializing in eye care and treatment, with operations in India and internationally. Founded in 1957 by Dr. R.S. Agarwal in Delhi, the organization has grown to encompass a network of hospitals, clinics, and research facilities. The hospital offers a wide range of services, including treatments for cataracts, glaucoma, corneal disorders, refractive issues, and pediatric ophthalmology, among others. Additionally, it is involved in healthcare-related activities and the operation of various medical facilities. With a commitment to advancing eye care, Dr. Agarwal's Eye Hospital has established itself as a leader in the field, contributing to the upliftment of community health and well-being.
BillDesk, founded in the early 2000s by IndiaIdeas.com Ltd., specializes in electronic payment and collections services aimed at simplifying the bill payment process for consumers. The company offers a comprehensive payment platform that facilitates online payments across various channels and methods. By providing tools for organizing and managing payments, BillDesk enables users to navigate the complexities of traditional bill payment services with greater ease and efficiency. Its focus on leveraging electronic mediums allows customers to make payments in a seamless and frictionless manner, enhancing their overall payment experience.
Ola is a mobile technology platform based in India that connects passengers with a variety of transportation options, including cabs, auto-rickshaws, bikes, and shuttle buses. Founded by Ankit Bhati and Bhavish Aggarwal in December 2010, the company operates its services through a mobile application available on Windows, Android, and iOS platforms. Ola's platform is designed to provide convenient and transparent ride-hailing services, enabling users to book city taxis, outstation travel, car rentals, and corporate travel. With its headquarters in Bengaluru and additional offices across the country, Ola aims to enhance urban mobility by offering a broad network of transportation solutions. Additionally, Ola Café focuses on delivering food from top-rated local restaurants to customers within 20 minutes, further diversifying the company’s offerings.
WeWork, formerly known as The We Company, is a commercial real estate firm that specializes in providing flexible shared workspaces and office services primarily for entrepreneurs, startups, and small businesses. Founded in 2010 and headquartered in New York, the company transforms buildings into dynamic environments that foster creativity, collaboration, and productivity. Its offerings include a range of workplace solutions, such as private offices, shared workspaces, and on-demand access to workstations. Additionally, WeWork connects members with a variety of third-party services and resources to support their business needs. The company emphasizes inclusivity and community, aiming to create a vibrant network of professionals who can collaborate and innovate together. With locations in various global markets, including China, WeWork continues to adapt its services to meet the evolving demands of the modern workforce.
Pine Labs Private Limited is a technology company that operates a cloud-based unified point-of-sale (POS) platform designed for merchants across India, Southeast Asia, and the Middle East. The company provides a range of digital payment solutions and merchant commerce services, including Android-based smart POS devices and options for instant equated monthly installment (EMI) payments, loyalty programs, gift cards, and customer analytics. Pine Labs connects financial institutions and consumer brands, facilitating offline and online retail transactions and delivering customer insights for targeted sales strategies. Its platform supports over 350,000 POS terminals in more than 3,700 cities and towns, serving over 100,000 merchants across various sectors such as electronics, food and beverage, and fashion. The company also offers applications like myPlutus, which provides real-time transaction data, and Promozone, which aids in running promotional campaigns. Founded in 1998 and headquartered in Noida, India, Pine Labs has expanded its presence with offices in multiple Indian cities, as well as locations in Kuala Lumpur and Dubai.
Policybazaar Insurance Brokers Private Limited is an online platform based in Gurugram, India, that specializes in offering a wide range of insurance services, including life, health, car, two-wheeler, travel, and home insurance. Founded in 2014, the company operates an insurance comparison portal and mobile application that allows consumers to compare various financial products effectively. By analyzing options such as medical, term life, and motor insurance, Policybazaar helps clients make informed decisions, often resulting in lower premiums due to competitive pricing. The company derives most of its revenue from its insurance services segment, aiming to raise awareness in India about the financial implications of unforeseen events like death and disease.
Gojek, founded in 2010 and headquartered in Jakarta, Indonesia, operates as a Super App that offers a wide range of services, including food delivery, transportation, digital payments, shopping, and various on-demand services. Launched in 2015, the Gojek app has rapidly become the largest consumer transactional technology platform in Southeast Asia, driven by its focus on speed, innovation, and social impact. The company aims to empower the informal sector in the region while serving diverse markets such as transport, logistics, food, and entertainment. Gojek has established itself as a leading player in the on-demand economy, contributing significantly to the growth of digital services in Southeast Asia.
Holachef Hospitality Pvt. Ltd. is a Mumbai-based food services company that specializes in selling and delivering ready-to-eat home-cooked meals to consumers in Mumbai and Pune. Founded in 2014 by Saurabh Saxena, the company offers a wide range of options, including breakfast, lunch, evening snacks, dinner, cakes, and sweets, which can be pre-ordered through its online platform. Holachef not only focuses on providing chef-crafted meals but also manages the logistics involved in food preparation, packaging, storage, and delivery. The company operates as a subsidiary of Pisces Eservices Pvt. Ltd. and has received investment from notable entities such as Kalaari Capital, India Quotient, SIDBI Venture Capital Limited, and Ratan Tata, the chairman emeritus of Tata Sons.
Policybazaar Insurance Brokers Private Limited is an online platform based in Gurugram, India, that specializes in offering a wide range of insurance services, including life, health, car, two-wheeler, travel, and home insurance. Founded in 2014, the company operates an insurance comparison portal and mobile application that allows consumers to compare various financial products effectively. By analyzing options such as medical, term life, and motor insurance, Policybazaar helps clients make informed decisions, often resulting in lower premiums due to competitive pricing. The company derives most of its revenue from its insurance services segment, aiming to raise awareness in India about the financial implications of unforeseen events like death and disease.
CarTrade is a leading online automotive marketplace in India, facilitating the buying and selling of new and used vehicles. The platform operates across more than 80 cities and engages over 1,200 dealers through car auctions, allowing buyers and sellers to make informed decisions and access vehicles at competitive prices. CarTrade encompasses multiple brands, including CarWale, BikeWale, and Shriram Automall, and serves as a multi-channel auto platform connecting customers, dealers, original equipment manufacturers (OEMs), and other businesses. The company provides a comprehensive range of solutions for automotive transactions, encompassing marketing, financing, and various other services to streamline the vehicle exchange process.
FirstCry is an online platform specializing in baby and children's products, offering over 20,000 items from more than 250 renowned international and Indian brands, including Mattel, Pigeon, Pampers, and Disney. Founded in 2010 and headquartered in Pune, India, the company focuses on providing a high-quality online shopping experience with competitive pricing, efficient delivery services, and responsive customer support. In addition to its retail operations, FirstCry is involved in the wholesale sector, promoting and selling baby products and fast-moving consumer goods through various business partners. The company also operates a preschool segment via franchise partnerships across India.
BillDesk, founded in the early 2000s by IndiaIdeas.com Ltd., specializes in electronic payment and collections services aimed at simplifying the bill payment process for consumers. The company offers a comprehensive payment platform that facilitates online payments across various channels and methods. By providing tools for organizing and managing payments, BillDesk enables users to navigate the complexities of traditional bill payment services with greater ease and efficiency. Its focus on leveraging electronic mediums allows customers to make payments in a seamless and frictionless manner, enhancing their overall payment experience.
CarTrade is a leading online automotive marketplace in India, facilitating the buying and selling of new and used vehicles. The platform operates across more than 80 cities and engages over 1,200 dealers through car auctions, allowing buyers and sellers to make informed decisions and access vehicles at competitive prices. CarTrade encompasses multiple brands, including CarWale, BikeWale, and Shriram Automall, and serves as a multi-channel auto platform connecting customers, dealers, original equipment manufacturers (OEMs), and other businesses. The company provides a comprehensive range of solutions for automotive transactions, encompassing marketing, financing, and various other services to streamline the vehicle exchange process.
Zomato Private Limited is a food aggregator based in New Delhi, India, connecting users to restaurants in India and internationally. Founded in 2008, the company offers a platform for discovering restaurants, ordering food for delivery, and making table reservations. Users can search for restaurants, read and write reviews, and share recommendations within their personal network of food enthusiasts. Zomato also operates Zomato Base, a cloud-based point-of-sale system for restaurants that includes features such as inventory management and real-time analytics. As of now, Zomato serves over 55 million users across 24 countries and generates revenue primarily from food ordering and delivery services, as well as through advertising for restaurant partners. The company has attracted significant investment from various firms, reinforcing its growth and expansion in the food service sector.
Private Equity Round in 2015
Jasper Infotech Private Limited owns and operates an online shopping site for Internet users in India. It provides an assortment of products across various categories, including mobiles and tablets; computers, and office and gaming products; televisions, audio and video equipment, appliances, grooming products, and cameras; men's and women's fashion products; kids' toys and fashion products; home and kitchen furnishings/appliances; beauty and personal care products, and food and household essentials; sports, fitness, and outdoor equipment; books, musical instruments, and gift cards; motors and accessories; and real estate and financial services. The company was founded in 2007 and is based in New Delhi, India with regional offices including Bangalore, Mumbai, Calcutta, and Hyderabad.
Private Equity Round in 2015
Crompton Greaves Consumer Electricals Ltd. manufactures and markets a wide spectrum of consumer products ranging from fans, light sources and luminaires, pumps and household appliances, such as geysers, mixer grinders, toasters and irons. Crompton has been the market leader in fans, domestic pumps and street lighting for over 20 years. It has manufacturing locations in Goa, Vadodara, Ahmednagar and Baddi. Crompton products are available in nearly 150,000 retail points across the country. The business is rapidly expanding into new categories and expanding it's "Reach".
Manthan is a leading cloud analytics company for consumer facing businesses. We excel in the application of decision sciences, advanced math and artificial intelligence and have a restless ability to invent and bring ideas to life. Manthan’s analytics solutions are powered by AI, cloud and prescriptive capabilities. They are unique in their ability to use machine intelligence to process every decision context and respond automatically with actions and recommendations to manage every aspect of a consumer business, whether its marketing, merchandising, channel/store, demand or supply. Manthan’s inventions aim to bring a new paradigm of context-aware, automated and algorithmic business decisions and actions, executed at scale.
Founded in 2008, InnoVen Capital India is a private venture debt firm focused on early and growth stage debt investments across India.
Jasper Infotech Private Limited owns and operates an online shopping site for Internet users in India. It provides an assortment of products across various categories, including mobiles and tablets; computers, and office and gaming products; televisions, audio and video equipment, appliances, grooming products, and cameras; men's and women's fashion products; kids' toys and fashion products; home and kitchen furnishings/appliances; beauty and personal care products, and food and household essentials; sports, fitness, and outdoor equipment; books, musical instruments, and gift cards; motors and accessories; and real estate and financial services. The company was founded in 2007 and is based in New Delhi, India with regional offices including Bangalore, Mumbai, Calcutta, and Hyderabad.
FirstCry is an online platform specializing in baby and children's products, offering over 20,000 items from more than 250 renowned international and Indian brands, including Mattel, Pigeon, Pampers, and Disney. Founded in 2010 and headquartered in Pune, India, the company focuses on providing a high-quality online shopping experience with competitive pricing, efficient delivery services, and responsive customer support. In addition to its retail operations, FirstCry is involved in the wholesale sector, promoting and selling baby products and fast-moving consumer goods through various business partners. The company also operates a preschool segment via franchise partnerships across India.
Xiaomi Corporation is an internet company based in Beijing that specializes in the manufacture and distribution of smartphones, consumer electronics, and internet services. Founded in 2010, Xiaomi operates through several segments, including Smartphones, IoT and Lifestyle Products, Internet Services, and Others. The Smartphones segment focuses on selling a range of mobile devices, while the IoT and Lifestyle Products segment includes smart TVs, laptops, AI speakers, and various lifestyle items. The Internet Services segment offers advertising and value-added services, and the Others segment provides hardware repair services. Xiaomi aims to create a comprehensive user experience by integrating user feedback into product design and continuously innovating its offerings. It also engages in wholesale and retail activities, software and hardware development, and operates retail stores and service centers in multiple countries, including India, Russia, and various European nations. The company's commitment to providing high-quality products at competitive prices has fostered a loyal customer base both in China and internationally.
Xiaomi Corporation is an internet company based in Beijing that specializes in the manufacture and distribution of smartphones, consumer electronics, and internet services. Founded in 2010, Xiaomi operates through several segments, including Smartphones, IoT and Lifestyle Products, Internet Services, and Others. The Smartphones segment focuses on selling a range of mobile devices, while the IoT and Lifestyle Products segment includes smart TVs, laptops, AI speakers, and various lifestyle items. The Internet Services segment offers advertising and value-added services, and the Others segment provides hardware repair services. Xiaomi aims to create a comprehensive user experience by integrating user feedback into product design and continuously innovating its offerings. It also engages in wholesale and retail activities, software and hardware development, and operates retail stores and service centers in multiple countries, including India, Russia, and various European nations. The company's commitment to providing high-quality products at competitive prices has fostered a loyal customer base both in China and internationally.
Tata Teleservices Limited spearheads the Tata Group’s presence in the telecom sector. The Tata Group includes over 100 companies, over 450,000 employees worldwide and more than 3.8 million shareholders. Incorporated in 1996, Tata Teleservices Limited was the pioneer of the CDMA 1x technology platform in India, embarking on a growth path after the acquisition of Hughes Tele.com (India) Ltd [renamed Tata Teleservices (Maharashtra) Limited] by the Tata Group in 2002. Over the last few years, the company has launched significant services CDMA mobile operations in January 2005 under the brand name Tata Indicom, market-defining wireless mobile broadband services under the brand name Tata Photon in 2008 and 2G GSM services under the brand name Tata DOCOMO in 2009. Tata Teleservices Limited also has a significant presence in the 2G GSM space, through its joint venture with NTT DOCOMO of Japan, and offers differentiated products and services. Tata DOCOMO was born after Tata Group’s strategic alliance with Japanese telecom major NTT DOCOMO in November 2008. Tata DOCOMO received a pan-India license to operate GSM telecom services and rolled out GSM services in all the 18 telecom Circles where it received spectrum from the Government of India in the quick span of just over a year. One of the key milestones in October 2011 was the brand integration exercise at TTL, which saw the Company’s many brands being consolidated under its single flagship brand, Tata DOCOMO. This helped TTL leverage the benefits of brand synergies and capitalize on its vast retail and distribution network, which is the largest amongst all private telecom operators in the country. Tata DOCOMO marks a significant milestone in the Indian telecom landscape, and has already redefined the very face of telecoms in India, being the first to pioneer the per-second tariff option part of its ‘Pay for What You Use’ pricing paradigm. Tata Teleservices Limited also became the first Indian private telecom operator to launch 3G services in India under with the launch of services in November 2010 in all nine telecom Circles where the company bagged the 3G license. In association with its partner NTT DOCOMO, the Company finds itself favorably positioned to leverage this first-mover advantage. With 3G, Tata DOCOMO has begun to redefine the very face of telecoms in India. Tokyo-based NTT DOCOMO is one of the world’s leading mobile operators in Japan, the company is the clear market leader, used by nearly 55 per cent of the country’s mobile phone users. TTL entered into a strategic partnership agreement with Indian retail giant Future Group to offer mobile telephony services under a new brand name T24, on the GSM platform. Tata Teleservices also has a strategic tie up with Virgin Mobile that primarily caters to youth segment offering mobility services on both CDMA and GSM platform. Tata Teleservices is the undisputed market leader in the fixed wireless telephony market amongst private operators. In the wireless mobility space, the company in the past has been rated as the ‘Least Congested Network’ in India for eight consecutive quarters by the Telecom Regulatory Authority of India through independent surveys. Today, Tata Teleservices, along with Tata Teleservices (Maharashtra) Limited, has a reach in more than 450,000 towns and villages across the country, with a bouquet of telephony services encompassing Mobile Services, Wireless Desktop Phones, Public Booth Telephony and Wireline Services.