Shastra VC

Shastra VC is an early-stage micro venture capital firm founded in 2020 and based in Bangalore, India. The firm focuses on investing in companies across various sectors, including enterprise software as a service (SaaS), retail, gaming, insurance technology, education technology, financial technology, electric mobility, consumer internet, and new age commerce. With a portfolio that reflects a commitment to innovative and emerging markets, Shastra VC aims to support and nurture startups that are poised for growth and transformation in their respective industries.

Venus Dhuria

Co-Founder and Partner

Jivesh Madan

Vice President

Ashis Nayak

Co-Founder and Partner

Vasant Rao

Co-Founder and Managing Partner

54 past transactions

Xindus

Series A in 2025
XINDUS uses technology to help SMEs access new markets, handle order fulfillment, ship globally, and stay compliant in international trade.

Sisir Radar

Seed Round in 2025
Sisir Radar is a tech company focusing on radar systems development and services.

TrueGradient

Seed Round in 2024
TrueGradient is a developer of an AI platform focused on enhancing supply chain efficiency for e-commerce and direct-to-consumer brands. The platform provides tools for demand forecasting, inventory optimization, price and promotion planning, and assortment planning. By enabling businesses to effectively manage their strategic and operational planning, TrueGradient aims to reduce waste and improve overall supply chain performance. Its self-serve model allows brands to optimize their operations and align their resources more effectively.

Simplismart

Venture Round in 2024
Simplismart is a company that enables enterprises to create scalable, production-grade artificial intelligence systems while managing the development lifecycle without the need for coding. Specializing in both amateur and expert training, Simplismart provides tools for collaborative monitoring of machine learning models across various types of data and use cases. This approach allows businesses to deploy AI solutions efficiently, facilitating the integration of advanced technology into their operations without requiring extensive programming expertise.

SWIRL

Seed Round in 2024
SWIRL is the premier live shopping mobile SaaS to engage, convert and retain more customers. It uses video as a backbone to power real-time virtual shopping – helping brands build authentic customer engagements by bridging the online-offline gap. Our product improves the probability of sales conversions by turbocharging the pre-purchase journey of both new and existing customers using cloud-based interactive video commerce and live shopping software. We are trusted by over 100+ formidable brands from Retail, Lifestyle, Fashion, Beauty, F&B, and many more and we are headquartered in the charming and bustling city of Vadodara.
International Battery Company (IBC) is focused on developing high-performance lithium-ion cells, specifically I-NMC Prismatic cells, at its planned Gigafactory in India. These cells feature a large form factor that simplifies battery design and offers 40% more energy density compared to lithium iron phosphate (LFP) cells, making them well-suited for electric vehicle applications. IBC's cells are also recyclable, aligning with sustainable practices. The company emphasizes a localized supply chain to enhance energy independence and ensure secure operations, contributing to the growing demand for efficient and reliable battery solutions in mobility applications.

DevDham

Seed Round in 2024
DevDham provides Temples and Gurus with a Digital Platform for imparting the millennia-old teachings of Hinduism and Buddhism, Sikhism and Jainism, and Indian civilization.

Kloudlite

Seed Round in 2024
Kloudlite is a developer of automated devops console platform that simplifies the code-to-cloud process.

Depo 24

Seed Round in 2024
Depo 24 is an online platform for interior designers, architects, technicians, homeowners to purchase home building materials.

MiniMines

Seed Round in 2024
MiniMines is an Indian Startup in the cleantech domain specializing in the sustainable recycling of end-of-life Li-ion batteries. Our proprietary "HYBRID-HYDROMETALLURGY-TM" process extracts rare elemental compounds like Nickel, Cobalt, Lithium, and Manganese in their respective salts with pure copper and alumina with spherical graphite from mineral-rich "Black Mass" which can be directly utilized in the manufacturing of new Li-Ion cells. In September 2022, MiniMines was officially recognised among the Top 30 StartUps of India by the Agence Française de Dévelopement (AFD), Government of France and Ministry of Urban Development, Government of India.

Molequle

Seed Round in 2024
Molequle is a global business-to-business platform that specializes in supplying a diverse range of specialty chemicals, primarily manufactured in India. The platform aims to simplify cross-border commerce in the specialty chemicals sector by providing efficient in-house formulation, a rapid sampling process, and comprehensive post-production testing. Additionally, Molequle offers cost-effective logistics solutions and credit support options, catering to the needs of pharmaceutical manufacturers and various other industries. This approach enables clients to access chemical ingredients tailored for specific applications, enhancing their operational efficiency and product quality.

Alt Carbon

Pre Seed Round in 2023
Alt Carbon is a climate technology platform focused on sustainable agriculture and carbon capture. It has developed a tracker that utilizes proprietary machine-learning algorithms to monitor and trace captured carbon as it moves through various ecosystems. By analyzing site-specific soil samples, the tracker optimizes carbon dioxide capture strategies, enhances crop yields, and improves soil health. This innovative approach enables farmers to maximize land productivity while also generating revenue through carbon removal initiatives.

Klaar

Seed Round in 2023
Klaar offers a comprehensive platform focused on enhancing employee performance, learning, development, and engagement specifically tailored for hybrid and remote teams. The platform integrates various functionalities such as mentoring, social learning, inclusion initiatives, and workforce management, all aimed at fostering a productive work environment. By connecting performance metrics with engagement and talent management, Klaar enables organizations to effectively manage and develop their workforce. This approach not only supports individual growth but also drives significant business outcomes by addressing the critical aspects necessary for success in modern workplaces.

ZapScale

Seed Round in 2023
ZapScale is a business-to-business SaaS customer success platform. The company was founded in 2020 and is based in Delaware.

Alltius

Pre Seed Round in 2023
Alltius operates a conversational AI assistant platform called KNO, designed to enhance user interaction with SaaS products. The platform enables product owners to incorporate Generative AI capabilities, allowing users to access information rapidly and efficiently. KNO functions as a no-code Help SaaS tool, trained on various data sources such as product knowledge bases, support tickets, and video tutorials. By streamlining the process of finding answers, it significantly reduces the time users spend seeking information, thereby improving customer satisfaction and reducing support costs by 40-70%. The team behind Alltius comprises experts from notable institutions and companies, all focused on augmenting human intelligence through advanced AI solutions. KNO can be easily integrated into platforms like Slack or used as a standalone widget or API, further enhancing employee productivity and operational efficiency.

Covrzy

Pre Seed Round in 2023
Covrzy is an insurance platform designed to assist business owners in evaluating and acquiring insurance coverage tailored to their specific needs. The platform offers a diverse range of business insurance options and facilitates various aspects of insurance management, including claims processing and recommendations for essential coverages. By providing customized quotations at competitive prices, Covrzy aims to simplify the insurance purchasing process for small businesses and startups, ensuring they have the necessary protection for their operations.

Inspecity

Pre Seed Round in 2023
Inspecity is a company focused on advancing aerospace technology, particularly in the realm of satellite maintenance and support. It provides a variety of services tailored for aerospace companies, including end-of-mission deorbit, fleet deployment, mission extension vehicles, and reliable servicing. Inspecity also specializes in active deorbiting, utilizing autonomous robotics to service satellites across all orbital altitudes. In addition to its technological offerings, the company aims to develop human habitats that transcend current planetary limitations, contributing to the establishment of a new economy in space.

Knowl

Seed Round in 2023
Knowl is a company focused on enhancing the software development process through AI-driven tools designed for code editors and CI/CD pipelines. Its platform offers automated analysis and insights, including pre-commit summaries, code suggestions, and in-editor documentation, aimed at streamlining developers' workflows. In addition to these features, Knowl provides a documentation platform that allows developers to store and link important documents to their code. This functionality helps reduce the need for meetings, accelerates onboarding, and saves time during production issues, enabling clients to consolidate key documentation such as architecture diagrams, technical designs, root cause analyses, and product requirement documents. Through these offerings, Knowl seeks to free developers from repetitive tasks, allowing them to concentrate on creating innovative products.

BlockFenders

Pre Seed Round in 2023
BlockFenders is a startup that operates a blockchain-powered data exchange platform designed to facilitate secure data sharing among businesses. The platform enables real-time data exchange between multiple parties while minimizing liability. It supports the transfer of both streaming data and data at rest across various environments, including cloud, on-premise, and hybrid setups. By ensuring trustworthy data sharing with verifiability, privacy enhancements through de-identification and encryption, and context-aware features with data lineage, BlockFenders aims to provide organizations with a controlled and secure method to manage their data exchanges effectively.

Xindus

Seed Round in 2023
XINDUS uses technology to help SMEs access new markets, handle order fulfillment, ship globally, and stay compliant in international trade.

Everheal

Seed Round in 2023
Everheal is a health-tech startup focused on providing comprehensive support for women during the pre-conception, pregnancy, and post-partum periods. The company operates a maternity care platform that serves as an all-in-one resource for mothers. It offers gynecologists tools to enhance clinical outcomes and generate revenue through various patient support features. These include tech-assisted service packages, an e-store, and monitoring devices that facilitate nutrition tracking, video consultations, and automated vital sign monitoring for patients dealing with gestational diabetes or hypertension. By integrating multiple healthcare services into a single platform, Everheal aims to streamline the maternal care experience and improve health outcomes for women.

GalaxEye

Seed Round in 2022
GalaxEye provides satellite-based imaging services that leverage advanced space technology to deliver high-frequency data for earth observation. By utilizing multi-sensor imaging satellites, the company offers detailed spatial and temporal resolution, allowing businesses in both government and commercial sectors to enhance decision-making and operational efficiency.

Vidyut

Seed Round in 2022
Vidyut provides financing solutions for small and medium commercial electric vehicle businesses for purchase, financing, and resale. It offers custom financing options and a secondary market for electric vehicles to help buyers with their entire ownership journey from distribution, financing and after-sales to resale by partnering with other key stakeholders in the ecosystem.

Wishlink

Seed Round in 2022
Wishlink operates a digital product discovery platform designed to facilitate collaboration between brands and influencers. The platform enables creators to generate personalized links that tag products in their social media posts, allowing them to curate collections of favored items. This functionality supports influencers by providing opportunities for paid collaborations and helping their audiences shop effectively. Through its innovative approach, Wishlink empowers influencers to monetize their social media presence while promoting various brands.

Awiros

Series A in 2022
Awidit offers a video intelligence OS by utilizing the applications of computer vision and AI.

Zevi

Pre Seed Round in 2022
Zevi is a search engine with natural language processing at its core, along with vernacular support that improves conversion and engagement for brands online

ElevateHQ

Pre Seed Round in 2022
ElevateHQ is a B2B SaaS company based in India that specializes in digital sales commissions automation. The company aims to transform how organizations implement sales incentives to motivate their employees. By streamlining the often complex and labor-intensive process of incentive calculation, ElevateHQ's platform eliminates ambiguity and allows businesses to explore diverse incentive plans tailored to the needs of all employees, not just top performers. This innovative approach empowers companies to create effective incentive strategies that enhance employee engagement and productivity.

CheQ Digital

Seed Round in 2022
CheQ Digital operates as a fintech startup. CheQ is a website that aims to make it easier for users to find and manage their credit products online.

Revamp Moto

Pre Seed Round in 2022
Revamp Moto specializes in the manufacture of electric bikes designed on modular utility platforms, aimed at facilitating the transition to a zero-emission society. The company focuses on creating affordable and environmentally friendly electric bikes that incorporate battery-swapping technology. These innovative designs allow for various adjustments, making them suitable for small vendors and large e-commerce businesses alike, enabling efficient product delivery and sales while maintaining cost-effectiveness. By prioritizing reliability and adaptability, Revamp Moto positions itself as a key player in the electric mobility sector.

Zevi

Pre Seed Round in 2022
Zevi is a search engine with natural language processing at its core, along with vernacular support that improves conversion and engagement for brands online

Kalvi

Seed Round in 2022
Kalvi is an ed-tech company to transform the future of higher education.

One Impression

Seed Round in 2022
One Impression is an influencer marketing platform that connects brands with over 7 million creators worldwide, including celebrities and regional influencers. Founded in July 2018 in Gurgaon, Haryana, by Apaksh Gupta and Jivesh Gupta, the platform offers features such as competitive creator pricing, compliant contract facilitation, automated payouts, and real-time campaign performance tracking. Operating in more than 14 countries, including India, the USA, UAE, and Indonesia, One Impression is trusted by over 500 prominent brands, such as Unilever, Amazon, Nestle, and Meta. By leveraging intelligent matching technology and pricing algorithms, the platform helps brands efficiently execute content creator-led campaigns, enabling them to achieve significant returns on their marketing investments.

GrowthSchool

Seed Round in 2022
GrowthSchool is an ed-tech platform founded in September 2021 by Vaibhav Sisinty in Bengaluru, Karnataka. The company focuses on providing community-led live learning experiences through high-impact, cohort-based programs designed to bridge the gap between industry requirements and traditional academic curricula. By collaborating with industry experts and top mentors, GrowthSchool offers courses aimed at personal and professional development, equipping learners with relevant skills that enhance employability. The platform emphasizes practical teaching and actionable knowledge, ensuring that students are prepared for the demands of the job market.

Unbox Robotics

Series A in 2021
Unbox Robotics is a company based in Pune, India, specializing in automated parcel sorting solutions for the logistics industry. Founded in 2019, it has developed a patent-pending, AI-powered robotic system that significantly enhances sorting efficiency. This innovative platform allows for rapid installation, taking ten times less time than traditional systems, and requires 50% fewer robots, leading to space savings of over 50%. By utilizing swarm intelligence and advanced algorithms, Unbox Robotics' technology improves productivity by more than fivefold, enabling logistics operators to optimize their sorting and order consolidation processes while minimizing the need for extensive warehousing. The company's subscription-based model further supports its mission to streamline operations within a limited footprint and capital investment.

Entri

Series A in 2021
Entri is a vernacular language learning platform for teachers and students. Up to 750k students and 2300 teachers have used Entri to improve their learning and teaching so far.

Even

Venture Round in 2021
Even is a health tech company and healthcare provider that partners directly with the top hospitals in the country to offer you unlimited diagnostics, consultations, and 50 lakh worth of hospitalisations all with one monthly subscription cost.

Shuru

Seed Round in 2021
Shuru is a location-based social networking platform that aims to empower local communities by facilitating connections among users in close proximity. The platform employs audio technology to enable both private and public meetings, allowing individuals to engage in discussions, interact, and collaboratively address key issues. By fostering an environment where users can seek help and support from those nearby, Shuru enhances social interaction and community engagement, making it easier for people to connect and collaborate on shared concerns.

Zaroor

Seed Round in 2021
Zaroor is a retail-focused platform aiming to create India's largest retail entity by aggregating standalone grocery stores. The company has developed a supply chain platform that streamlines ordering for retailers, enhances warehouse management, and improves demand prediction for brands. By leveraging technology, analytics, and automation, Zaroor facilitates the transition of traditional trade into a more modern retail approach, allowing clients to effectively manage complex store operations.

Rigi

Seed Round in 2021
Rigi is a creator-focused company that assists content creators and influencers with growing, managing, and monetizing their communities. Rigi allows creators of all levels to begin earning revenue. Rigi's automated features free users from the hassle of manual tasks, allowing them to concentrate on creating content. Rigi was founded in 2021 with the goal of enabling India's ever-growing creator economy.

KahaniBox

Seed Round in 2021
Kahanibox is an interactive story platform which allows audiences not only to consume but also interact and influence stories.

Rezo.ai

Seed Round in 2021
Rezo is an AI-powered platform that automates conversations over Voice, emails, WhatsApp, social media, and chats. Rezo.ai simplifies workflows by performing many of the time consuming, manual tasks that humans are unable to perform at the speed and scale required for efficient and effective customer interactions. Using deep learning and neural networks Rezo.ai understands the customers and provides them end to end resolution. A platform to transform the customer experience landscape for enterprises. Reach out to us at info@rezo.ai for a Quick Demo.

Flurn

Seed Round in 2021
Flurn is an EdTech platform designed to enhance learning opportunities for children through both online and offline classes. It aims to create a safe, trusted, and enjoyable environment for holistic education by connecting parents with qualified freelancers and contractors. By establishing learning centers in apartment complexes and schools, Flurn facilitates skill development at home while providing freelancers with additional income opportunities. The platform's innovative approach seeks to make quality education accessible to diverse communities.

Zumen

Seed Round in 2021
Zumen enables product manufacturing companies to digitize their direct sourcing and procurement, and manage every detail of the process in a transparent, collaborative platform. With Zumen’s part life cycle management, BOM interface, supplier base visibility, and product cost management, companies can build an agile, resilient supply chain and get their products to market faster.

Likeminds

Seed Round in 2021
LikeMinds provides a platform that specializes in community entrepreneurs. The company is based in Haryana, India.

NirogStreet

Seed Round in 2020
NirogStreet is a technology-driven platform that focuses on enhancing the accessibility and delivery of Ayurvedic healthcare services. By creating a community commerce environment, it connects patients with authentic Ayurvedic doctors globally, allowing them to review practitioners and share case studies and research reports. This approach promotes evidence-based treatment within the Ayurvedic framework, paralleling modern medical practices. The platform aims to streamline the supply chain of Ayurvedic medicine and services, ultimately enabling healthcare providers to offer improved care and management of various ailments.

Redesyn

Seed Round in 2020
Redesyn is a content-to-commerce platform that empowers influencers and brands to monetize their digital content effectively. By seamlessly integrating branded products into viral videos, Redesyn enhances the shopping experience for over 300 million consumers who spend significant time on social media and streaming platforms. The platform addresses key challenges faced by shoppers, influencers, and brands, creating a streamlined process for purchasing featured products. For brands, it provides tools to embed their products into engaging content, driving higher conversion rates. Influencers benefit from a simplified method to make their content shoppable, maximizing their revenue potential while maintaining creativity. The platform employs AI algorithms to match relevant products with content, ensuring a natural fit and improved engagement. Furthermore, it offers enhanced analytics for brands to track performance metrics and optimize advertising campaigns, making it a trusted partner for over 30 brands and 10,000 influencers.

MobiGarage

Seed Round in 2020
MobiGarage is a marketplace focused on refurbishing and selling used smartphones, aimed at providing affordable access to technology for consumers in India. The company utilizes Artificial Intelligence to streamline the second-hand mobile supply chain, offering refurbished devices that are 70% cheaper than new models and come with certified components and warranties. MobiGarage caters to a growing market, targeting 100,000 smartphones annually with a monthly growth rate of 20%. Its unique hub-and-spoke model allows it to reach underserved Tier 2, Tier 3, and Tier 4 markets, while its e-commerce platform facilitates online sales. By thoroughly testing and revamping devices, MobiGarage enables consumers from lower-income brackets to overcome barriers to digital access, thus contributing to the increasing number of first-time internet users in India.

EloElo

Seed Round in 2020
EloElo is a developer of a social gaming software that facilitates interactive live broadcasts, allowing users to engage with content creators in a digital gathering space. The platform enables fans to unwind and communicate with their favorite influencers through audio and video live chat rooms, often incorporating games into the experience. EloElo focuses on discussions related to health and lifestyle, providing an environment where users can connect with creators and enjoy interactive entertainment.

Skit

Series A in 2020
Vernacular.ai is an AI-first SaaS business driven with the mission to end bad call center experiences. We help enterprises in enhancing customer experience through intelligent voice conversations by automating call center queries. VIVA (Vernacular Intelligent Voice Assistant) is our Voice AI-powered call center automation platform that helps enterprises streamline contact center operations and enhance customer experience & engagement. Empowered by our speech recognition engine and natural language understanding technology, you can now hold human-like conversations every time and Increase your self-service effectiveness.

Agnikul

Seed Round in 2020
Agnikul Cosmos Private Limited, founded in 2017 and based in Chennai, India, is a space technology startup specializing in the design, manufacture, testing, and launch of orbital-class rockets tailored for micro and nanosatellites. The company operates from the National Center for Combustion R&D at IIT-Madras, where a diverse team of rocket scientists, engineers, ex-bankers, and space lawyers collaborates to advance their capabilities. Agnikul's launch vehicles are mobile and can be deployed from various launch ports, utilizing kerosene as fuel. They are engineered to reach both low and high-inclination orbits, providing businesses with on-demand access to space at competitive prices.

HUVIAiR Technologies

Seed Round in 2020
HUVIAiR is a pioneer of visual-intelligence led construction management software. It’s flagship SaaS platform CONSTRA, enables customers to extract insights from visual inputs to make analytics driven decisions all along their planning, building and managing their projects better. CONSTRA ingests visual inputs from drones, 360 degree cameras, laser scanners, mobile phones and as well as traditional sources like CAD drawings and BIMS. The platform then extracts the technical and operational information within them onto a visually appealing dashboard. The various stakeholders of the project can then collaborate through this platform to meticulously plan each stage of the project, remotely monitor the progress, ensure the conformance to plan, identify deviations, list and manage snags, manage master data, and generate diverse formats of reports. At the heart of CONSTRA lies a computer vision based deep-learning engine system. This engine is capable of automatically detecting and reporting the actual progress of construction and benchmark it against the planned progress metrics captured within traditional CRM systems. Clients using CONSTRA can save up to 75% of time on progress monitoring, reduce their supervisory manpower requirement by at least 50% and reduce the overall costs of the project by up to 20%. CONSTRA is available for subscription in multiple attractive plans. The clients can access the platform though a web-interface as well as a mobile application.

Dukaan

Seed Round in 2020
Dukaan operates as a platform that enables small merchants to set up online stores in a process that it claims can be done within 30 seconds.

One Impression

Seed Round in 2019
One Impression is an influencer marketing platform that connects brands with over 7 million creators worldwide, including celebrities and regional influencers. Founded in July 2018 in Gurgaon, Haryana, by Apaksh Gupta and Jivesh Gupta, the platform offers features such as competitive creator pricing, compliant contract facilitation, automated payouts, and real-time campaign performance tracking. Operating in more than 14 countries, including India, the USA, UAE, and Indonesia, One Impression is trusted by over 500 prominent brands, such as Unilever, Amazon, Nestle, and Meta. By leveraging intelligent matching technology and pricing algorithms, the platform helps brands efficiently execute content creator-led campaigns, enabling them to achieve significant returns on their marketing investments.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.