Lighthouse Funds

Lighthouse Funds is a private equity firm established in 2006 that focuses on early-stage investments in consumer-facing companies in India. The firm was founded by a group of investors and entrepreneurs who recognize India as a dynamic and vibrant economy with significant growth potential. Originally rooted in the United States, Lighthouse shifted its focus to India in the mid-2000s, driven by the country's burgeoning entrepreneurial spirit. The firm is dedicated to capitalizing on the evolving market landscape in India, aiming to support innovative businesses that are poised for growth.

Sachin Kumar Bhartiya

Partner

Nitya Khemlani

Head of Investor Relations

Yatin Mohane

Investment Manager

Ashutosh Sardesai

Vice President

30 past transactions

Medikabazaar

Series D in 2022
medikabazaar is a India’s pioneering and largest B2B online marketplace helping healthcare and other medical establishments in the procurement of medical supplies. We disrupted the medical supply market and leveled the playing field by launching a large-scale digital platform in 2015. With a catalog of more than 100,000 products, Medikabazaar is a single contact for purchase of medical supplies. Medikabazaar’s online platform cuts across geographical distances and enables the medical institutions in tier 2, 3 cities and remote locations in India to get quality medical supplies at competitive prices with the doorstep delivery. With its vast distribution setup, Medikabazaar aims to make last mile delivery of medical supplies available to every pin-code across India. We are presently serving 15,000+ Medical Centers; 80,000+ independent doctors and clinics across India for their regular medical supplies. We started from a one-room office in Mumbai, now we have 6 state-of-the-art regional offices and fulfillment centers spread across India. Our recent achievement includes National Icon Award 2018 for being India’s largest marketplace of medical equipment & devices.

Ferns N Petals

Private Equity Round in 2022
Ferns N Petals, the only Indian name at par with the standards of international flower brands in quality and designs, caters to all your floral requirements. Founded by Mr Vikaas Gutgutia in 1994, it is the country's only branded chain of retail flower shops and online flower stores providing a one stop solution for all floral needs be it buying flowers for occasions, floral décor for weddings, parties or just delivering fresh flowers to corporate not only in India but across the globe. In less than a decade of its inception, Ferns N Petals Group encompasses FNP Retail & Franchising, FNP E-commerce, FNP Events & Weddings, and the latest venture ‘FNP Tahiliani' For every Occasion, Ferns N petals, leading florists in India, helps you send your love, in a unique floral form or in the form of gift items. Make your selection from our wide range of flowers and gifts for all occasions and let us do the rest. We will deliver you heartfelt wishes and blessings right to the door step of the one you care for, with fresh bouquets, floral arrangements or with gift bundled in. We are offering our services with personal touch in more than 150 countries across the world.

Wow! Momo

Series C in 2021
Wow! Momo is a chain of fast-food restaurants in India that specializes in momos. Wow Momo aims to become Kolkata and India's biggest chain of momos and to create lots and lots of jobs and achieve their dream of becoming a successful employee sensitive organization, where every team member has his upliftment and enjoys his work to the fullest.

Wow! Momo

Series C in 2021
Wow! Momo is a chain of fast-food restaurants in India that specializes in momos. Wow Momo aims to become Kolkata and India's biggest chain of momos and to create lots and lots of jobs and achieve their dream of becoming a successful employee sensitive organization, where every team member has his upliftment and enjoys his work to the fullest.
Shaily Engineering Plastics Limited manufactures and sells injection molded precision plastic components and sub-assemblies in India. The company offers plastic pumps, spray devices, and insulin injector pens, as well as packaging solutions for healthcare industry; kitchen and cooking devices, storage and cleaning products, and plastic and plastic/electronic toys; casings for cosmetics; and automotive and engineering plastics. The company also exports its products. Shaily Engineering Plastics Limited was incorporated in 1980 and is based in Vadodara, India.

Fabindia

Private Equity Round in 2019
Fabindia Overseas Pvt. Ltd. is a prominent retail chain based in New Delhi, India, specializing in a diverse range of products made from traditional techniques and craftsmanship. Established in 1960, the company connects over 55,000 rural producers with urban markets, promoting sustainable employment while preserving India's rich handicraft heritage. Fabindia offers an extensive selection of ready-to-wear garments and accessories for men, women, and children, as well as home textiles, furniture, lighting, and handcrafted utility items. Its product portfolio also includes food items such as tea, coffee, and organic personal care products. The company operates retail stores across various countries, including India, Singapore, Bhutan, and the United Arab Emirates, and also serves customers through online channels. Fabindia emphasizes the use of natural materials, ensuring its offerings are contemporary yet affordable, thus appealing to a wide consumer base.

Arkis BioSciences

Convertible Note in 2019
Arkis BioSciences develops, markets, and sells advanced catheters and minimally invasive instrumentation for neurosurgery. Arkis' proprietary catheters incorporate Endexo, intended to reduce catheter related complications, while the company's instrumentation is designed to be less invasive over a variety of neurosurgical procedures. Altogether, the company's portfolio enables healthcare practitioners the potential to reduce surgical trauma, shorten surgical duration, and reduce treatment complications.

Capital Trust

Private Equity Round in 2019
This story is of Mukesh Kumar and his wife Rukmani from Aligarh, who with their dedication and hard work have made a mark in the society. It is said that for a successful person, self-confidence is a must which Mukesh and Rukmani had. The only issue was that they did not have access to money and the right guidance. In that process, they met the Centre Manager of Capital Trust Limited and informed that they were having a small business of Cosmetics.

Aqualite India

Private Equity Round in 2018
Aqualite India Pvt Ltd manufactures and distributes footwear. It offers sandals, flip flops, and slippers for men, women, and children. The company was founded in 2004 and is headquartered in Bahadurgarh, India.

Duroflex

Private Equity Round in 2018
Duroflex Pvt. Ltd. is a prominent manufacturer of coir mattresses and polyurethane foam products, headquartered in Alleppey, India. Established in 1963, the company has evolved to become a leading player in the mattress industry, offering a diverse range of products designed to enhance sleep quality. Its product lineup includes the ENERGISE series for active individuals, the Duropedic range for back support, as well as various luxury and spring mattresses. Additionally, Duroflex produces pillows and protectors to complement its sleep systems. The company operates manufacturing facilities in Tamil Nadu, Telangana, and Kerala, and distributes its products through retail outlets, solidifying its position as a key player in the market for sleep and comfort solutions.

Nykaa

Secondary Market in 2018
Nykaa is an e-Commerce platform for different beauty and wellness products for men and women. They also offer comprehensive content including product reviews, beauty how-to videos, articles by experts, and an e-beauty magazine. Their helpline helps to choose products and services best suited for customer's needs. Nykaa's products are authentic sourced directly from brands and provide a delivery experience. Nykaa was founded in 2012 by Falguni Nayar and is headquartered in Mumbai, Maharashtra, India.

Tynorindia

Private Equity Round in 2018
Tynorindia was conceived at a time when Orthopedic products available to the Indian patient were either of a very low quality if produced in India or they were very expensive and not affordable if they were imported.Providing world class and innovative solutions in orthopedics and allied fields, through focus on R & D. Its Vision is to work in collaboration with academic and medical fraternity to improve health care standards.

V2 Retail

Post in 2017
V2 Retail Limited is one of the fastest growing Retail Company in India. The company offers a portfolio of products, including apparel and non-apparel. The company sells ready made, apparels, household merchandise and other consumer goods like footwear, toys, games, handbags, cosmetics, home furnishing, décor product & sports items, . V2, which stands for ‘value and variety’ it sells good quality fashion garments at prices significantly lower than other clothing brands.V2 Retail has stores which are between 3500 and 25,000 sq ft in size.

Stylam Industries

Private Equity Round in 2017
Stylam Decorative Laminates are specially designed laminate sheets of classy brown Kraft papers and decorative printed papers fused together using pressure & heat.They are used for wall panelling and to add stylised finishes to furniture items, cabinets, counters, worktops and other installations.

Wow! Momo

Series B in 2017
Wow! Momo is a chain of fast-food restaurants in India that specializes in momos. Wow Momo aims to become Kolkata and India's biggest chain of momos and to create lots and lots of jobs and achieve their dream of becoming a successful employee sensitive organization, where every team member has his upliftment and enjoys his work to the fullest.

Arkis BioSciences

Series A in 2016
Arkis BioSciences develops, markets, and sells advanced catheters and minimally invasive instrumentation for neurosurgery. Arkis' proprietary catheters incorporate Endexo, intended to reduce catheter related complications, while the company's instrumentation is designed to be less invasive over a variety of neurosurgical procedures. Altogether, the company's portfolio enables healthcare practitioners the potential to reduce surgical trauma, shorten surgical duration, and reduce treatment complications.

Suraksha Diagnostics

Series B in 2015
Established in 1992 as Suraksha Diagnostics & Eye Centre (P) Ltd. in Kolkata, they started as one of the first diagnostic centers in Kolkata to provide all pathology and radiology services under one roof. This convenience, along with their unwavering commitment to accuracy and service, resulted in steady growth and popularity. Within 3 years they could confidently open a second Center at Siliguri, in North Bengal, which remains the largest such facility in the region, and today serves not only to patients from North Bengal, but also neighbouring States and countries. Since then they have grown steadily across Bengal, Bihar, and Delhi NCR.

Indian Herbs

Private Equity Round in 2015
Indian Herbs manufacturs herbal human and animal health care products intended to produce result oriented products based on original research. Its herbal human and animal health care products offered after a detailed research, scientific development, pharmacological testing and clinical evaluation, helps consumers with pharmaceuticals and drugs primarily for the treatment of ruminants, poultry, pigs, equines, and pets.

Cera Sanitaryware

Private Equity Round in 2015
An extensive product portfolio that includes high end showers, steam cubicles, and whirlpools, besides sanitaryware and faucets, has made CERA the primary choice of customers looking for stylish products in a contemporary lifestyle. CERA’s constant innovations have given several path breaking contributions to the industry. Some of its innovations have become benchmarks for the industry—like water-saving twin-flush coupled WCs, 4-litre flush WCs, and one-piece WCs.

Karma Ayurveda

Venture Round in 2014
Karma Ayurveda is one of the best Ayurvedic Hospital in India that provide best ayurvedic treatment for kidney disease. Karma Ayurveda is a Delhi based ayurvedic that is known well for providing its world class health care services. Karma Ayurveda is dedicate working from many years to provide best ayurvedic treatment for kidney failure disease.

Bikaji Foods

Private Equity Round in 2014
Bikaji Foods International Limited is a prominent producer and seller of a variety of food products, specializing in traditional Indian snacks and sweets. Founded in 1987 and headquartered in Bikaner, India, the company offers an extensive range of items, including bhujia, namkeen, papad, frozen snacks, and sweets like gulab jamuns. Bikaji Foods exports its products to various international markets, including Europe, the Americas, the Gulf region, Australia, Japan, and Singapore. In addition to its retail operations within India, the company operates Hotel Basant Vihar, further diversifying its business portfolio. Bikaji Foods was previously known as Shivdeep Industries Ltd. and maintains an additional office in Mumbai.

Suraksha Diagnostics

Series A in 2013
Established in 1992 as Suraksha Diagnostics & Eye Centre (P) Ltd. in Kolkata, they started as one of the first diagnostic centers in Kolkata to provide all pathology and radiology services under one roof. This convenience, along with their unwavering commitment to accuracy and service, resulted in steady growth and popularity. Within 3 years they could confidently open a second Center at Siliguri, in North Bengal, which remains the largest such facility in the region, and today serves not only to patients from North Bengal, but also neighbouring States and countries. Since then they have grown steadily across Bengal, Bihar, and Delhi NCR.

Dhanuka Agritech

Private Equity Round in 2010
Dhanuka Agritech Limited manufactures and sells a range of agro-chemicals for plant protection in India. It offers herbicides, insecticides, fungicides, miticides, and plant growth regulators in various forms, such as liquid, dust, powder, and granules. The company also generates electricity. It operates through a network of distributors/dealers. The company also exports its products. Dhanuka Agritech Limited was incorporated in 1985 and is based in Gurugram, India.

XSEED Education

Venture Round in 2010
XSEED Education is globally transforming K-8 education from rote to learning, from "telling" to teaching. Its 5-step method builds thinking skills and problem-solving confidence in children. XSEED serves 750,000 children. The XSEED School Learning Program replaces “rote-chalk-and-talk” with a well researched ‘five step’ process to teach every concept effectively using clear curricular aims, hands-on activity, reflective analysis, application, and assessment. Visible benefits of XSEED are curiosity, confidence, ability to reflect, and higher order thinking skills in children. The XSEED ‘classroom toolkit’ includes over 10,000 step-by-step teaching plans, application-oriented student learning materials, and skill-focused assessment to provide individualized feedback. Year-round coaching and training situated in the classroom equip teachers with the know-how necessary to continuously uplift classroom practice. XSEED is now harnessing the power of technology to personalize learning for every child. XSEED has been featured among the top educational innovations in the world in “Learning Re-Imagined” (published the WISE Summit) and featured as a case-study by MIT’s Legatum Center.

Radiant Hospitality

Venture Round in 2009
Radiant Hospitality is a Mumbai based facilities management company. Radiant provides professional housekeeping services and facilities management to hotels, corporate and apartments.

Imperial Spirits

Venture Round in 2008
Manufacturer of fine liquor for both the domestic and international markets. The company uses the finest grape spirits and special grape extracts in brandy-blends and ensures that every blend is perfectly crafted and tested at its technical center, enabling all consumers to imbibe the true spirits of its products.

UNIBIC

Venture Round in 2007
UNIBIC Foods India Pvt. Ltd. is a manufacturer and marketer of premium cookies, offering a diverse range of flavors including choco chip, fruit and nut, butter, and various sugar-free options. Established in 2004 and based in Bengaluru, India, the company operates as a subsidiary of Unibic Australia Pty. Ltd. UNIBIC's product line also features festive and gift pack cookies designed for various occasions. Its cookies are sold online through platforms like Big Basket and Amazon and are exported to several countries, including the United Kingdom, Korea, Australia, New Zealand, and the Middle East.

Imperial Spirits

Venture Round in 2007
Manufacturer of fine liquor for both the domestic and international markets. The company uses the finest grape spirits and special grape extracts in brandy-blends and ensures that every blend is perfectly crafted and tested at its technical center, enabling all consumers to imbibe the true spirits of its products.