Equanimity Investments

Equanimity Investments is a venture capital firm based in Mumbai, India, established in 2017. The firm specializes in investing in Indian startups and early-stage businesses, focusing on seed to series A funding rounds. Equanimity Investments is sector-agnostic and prioritizes capital-efficient business models that leverage technology to create high-quality products and services. Committed to supporting the growth of the Indian startup ecosystem, the firm aims to be the partner of choice for emerging companies while promoting global best practices in the industry.

Rajesh Sehgal

Managing Partner

34 past transactions

Utsav

Seed Round in 2025
Utsav operates a digital platform that facilitates spiritual engagement for individuals and organizations. It allows users to book online pujas, participate in communities, and receive prasad delivered to their homes. The platform also provides access to regular darshans at prominent temples in India and features daily horoscopes, the Hindu calendar, and astrology content focused on figures like Shiva and teachings from the Gita. By connecting like-minded individuals, Utsav fosters a meaningful environment for spiritual practices and exploration.

Nirmaan

Seed Round in 2025
Nirmaan is a B2B platform that supplies building materials such as sanitaryware, PVC, tiles, electricals, and more to retailers

Consint

Seed Round in 2025
Consint is a fraud and risk management platform that simplifies the process of health insurance claims.

edept

Seed Round in 2024
Edept is a training and educational services platform focused on enhancing employability outcomes for young graduates. The company collaborates with top universities and leading industries to offer industry-focused postgraduate courses and innovative degree and certification programs in emerging fields. By bridging the gap between academia and industry, Edept empowers students to achieve academic excellence and equips them with the skills necessary to meet the demands of the job market. This approach not only supports students in their career aspirations but also fosters the development of skilled professionals who can contribute effectively to their respective industries.

BIVA

Seed Round in 2024
BIVA helps D2C Brands scale by offering 1. Instant Connections (<10 hours) to all sources - API or non-API/ online or offline 2. Curated & Pre-built Business Function-wise Dashboards and reports addressing 80% of use cases 3. Custom calculations & Excel Add-in addressing other 20% of use cases 4. Alerts and notifications for timely actions

Consint

Venture Round in 2024
Consint is a fraud and risk management platform that simplifies the process of health insurance claims.

Navata Supply Chain Solutions

Seed Round in 2024
Navata Supply Chain Solutions is a logistics company that offers warehouse, transportation, and supply chain management services.

Grel Cabs

Seed Round in 2024
Grel Cabs provides electric cab booking service in the region.

Monitra Healthcare

Seed Round in 2023
Monitra Healthcare Pvt. Ltd is a med-tech company based in Hyderabad, India, specializing in cardiac monitoring solutions. Founded in 2014, the company has developed a product called upBeat, which enables real-time monitoring of heartbeats and the detection of cardiac arrhythmias and cardiovascular diseases. This technology facilitates pre-emptive treatment strategies, capturing critical cardiac events anytime and anywhere. Monitra Healthcare aims to improve heart health management by integrating monitoring and pre-emptive care into daily life, thereby helping to mitigate the impact of heart disease. The applications of their products extend to various healthcare scenarios, including monitoring cardiac activity before and after surgical procedures and assessing the effects of therapeutic drugs.

BIVA

Seed Round in 2023
BIVA helps D2C Brands scale by offering 1. Instant Connections (<10 hours) to all sources - API or non-API/ online or offline 2. Curated & Pre-built Business Function-wise Dashboards and reports addressing 80% of use cases 3. Custom calculations & Excel Add-in addressing other 20% of use cases 4. Alerts and notifications for timely actions

Neuron Energy

Seed Round in 2023
Neuron Energy operates as an EV solutions company. Neuron Energy focus on the assembly and provision of batteries for Electric 2-Wheelers and Electric 3-Wheelers.

The Yarn Bazaar

Seed Round in 2023
The Yarn Bazaar operates as a modern managed marketplace specifically for yarn, facilitating transactions between buyers and sellers. The platform offers real-time access to yarn prices, market information, and trends, thereby streamlining the procurement and sales processes. It features a mobile application designed to enhance ease of business in marketing, distribution, and sales. By providing trading, lending, and logistics services in one integrated platform, The Yarn Bazaar helps sellers expand their market reach and improve profit margins while enabling buyers to find high-quality yarn at competitive prices. This approach ultimately reduces raw material costs and saves time and effort for all parties involved.

Optimized Electrotech

Series A in 2023
Optimized Electrotech specializes in the development of advanced electro-optic surveillance systems tailored for both strategic and commercial markets. The company focuses on creating high-end products capable of recognizing individuals from long distances, with features that allow them to automatically match alerts with existing databases. These surveillance systems utilize longer wavelengths, enabling them to function effectively in challenging atmospheric conditions such as fog and smoke. Their applications are diverse, including perimeter security and airport monitoring, supporting businesses and governmental agencies in areas related to homeland security and defense intelligence. Currently, Optimized Electrotech is seeking funding to initiate commercial production of its innovative solutions.

Insurance Samadhan

Series A in 2022
Insurance Samadhan is a grievance redressal platform based in Delhi, India, that specializes in resolving various insurance-related issues. Founded in 2018 by Deepak Uniyal, Sanjay Aggarwal, Shailesh Kumar, and Shilpa Arora, the company offers a range of services including assistance with lapsed insurance policies, case settlements, and claim recovery in instances of insurance fraud. Additionally, Insurance Samadhan provides support to Non-Resident Indians (NRIs) in managing their insurance policies. The platform aims to help clients navigate the complexities of insurance complaints and obtain suitable resolutions for their concerns.

Renee Cosmetics

Series B in 2022
Renee Cosmetics is an Indian makeup brand that aims to redefine beauty through its innovative and high-quality products, all of which are 100% cruelty-free. Founded by actress Aashka Goradia, the brand emphasizes the empowerment of women, encouraging them to embrace their bold and ambitious personas. Renee Cosmetics offers a diverse range of products, including eye makeup, lip colors, skin serums, and highlighters, all designed to be gentle on the skin. By providing access to these carefully formulated products via e-commerce platforms, Renee Cosmetics seeks to celebrate individual expression through the art of cosmetics.

Hi Hello

Seed Round in 2022
Hi Hello is an online dating application that aims to facilitate connections among users seeking new friendships or romantic relationships. The platform emphasizes safety and authenticity by ensuring that there are no fake or duplicate profiles. It features a multilingual interface to cater to a diverse user base and offers proprietary matching algorithms. Additionally, Hi Hello incorporates localized search capabilities, enabling users to find potential connections nearby. The app also includes secure in-app voice calling features, enhancing communication between users while prioritizing their safety and privacy.

Fraazo

Series B in 2022
Fraazo is a grocery delivery platform that specializes in providing fresh vegetables and fruits directly from farms to customers' doorsteps. The company operates under a farm-to-fork model, managing the entire supply chain from sourcing produce from farmers to delivering it through a network of micro-fulfillment stores. By leveraging data and precision agriculture, Fraazo ensures the selection of high-quality produce from trusted partners, enabling consumers to enjoy fresh groceries conveniently at home.

Renee Cosmetics

Series A in 2022
Renee Cosmetics is an Indian makeup brand that aims to redefine beauty through its innovative and high-quality products, all of which are 100% cruelty-free. Founded by actress Aashka Goradia, the brand emphasizes the empowerment of women, encouraging them to embrace their bold and ambitious personas. Renee Cosmetics offers a diverse range of products, including eye makeup, lip colors, skin serums, and highlighters, all designed to be gentle on the skin. By providing access to these carefully formulated products via e-commerce platforms, Renee Cosmetics seeks to celebrate individual expression through the art of cosmetics.

Insurance Samadhan

Seed Round in 2021
Insurance Samadhan is a grievance redressal platform based in Delhi, India, that specializes in resolving various insurance-related issues. Founded in 2018 by Deepak Uniyal, Sanjay Aggarwal, Shailesh Kumar, and Shilpa Arora, the company offers a range of services including assistance with lapsed insurance policies, case settlements, and claim recovery in instances of insurance fraud. Additionally, Insurance Samadhan provides support to Non-Resident Indians (NRIs) in managing their insurance policies. The platform aims to help clients navigate the complexities of insurance complaints and obtain suitable resolutions for their concerns.

Fraazo

Series B in 2021
Fraazo is a grocery delivery platform that specializes in providing fresh vegetables and fruits directly from farms to customers' doorsteps. The company operates under a farm-to-fork model, managing the entire supply chain from sourcing produce from farmers to delivering it through a network of micro-fulfillment stores. By leveraging data and precision agriculture, Fraazo ensures the selection of high-quality produce from trusted partners, enabling consumers to enjoy fresh groceries conveniently at home.

Renee Cosmetics

Seed Round in 2021
Renee Cosmetics is an Indian makeup brand that aims to redefine beauty through its innovative and high-quality products, all of which are 100% cruelty-free. Founded by actress Aashka Goradia, the brand emphasizes the empowerment of women, encouraging them to embrace their bold and ambitious personas. Renee Cosmetics offers a diverse range of products, including eye makeup, lip colors, skin serums, and highlighters, all designed to be gentle on the skin. By providing access to these carefully formulated products via e-commerce platforms, Renee Cosmetics seeks to celebrate individual expression through the art of cosmetics.

Fraazo

Series A in 2021
Fraazo is a grocery delivery platform that specializes in providing fresh vegetables and fruits directly from farms to customers' doorsteps. The company operates under a farm-to-fork model, managing the entire supply chain from sourcing produce from farmers to delivering it through a network of micro-fulfillment stores. By leveraging data and precision agriculture, Fraazo ensures the selection of high-quality produce from trusted partners, enabling consumers to enjoy fresh groceries conveniently at home.

Evenflow

Pre Seed Round in 2021
Evenflow is an e-commerce roll-up platform that specializes in acquiring and scaling third-party brands selling on major online marketplaces such as Amazon and Flipkart. The company focuses on brands with a proven history of positive reviews and ratings, allowing it to enhance their growth potential. Evenflow manages various aspects of brand performance, including inventory management, performance marketing, and on-platform merchandising, thereby providing brand owners with a profitable and streamlined experience. Through its strategic approach, Evenflow aims to optimize and elevate the brands it acquires, facilitating their success in the competitive e-commerce landscape.

PrepBytes

Seed Round in 2021
PrepBytes is an educational software platform that focuses on teaching coding to college students through personalized content and expert mentorship. The platform offers customized learning plans that include video lectures and interview notes tailored to individual needs. Additionally, PrepBytes conducts mock interviews with industry professionals, helping students gain practical experience and prepare effectively for future job interviews in the IT, software, and internet sectors. This approach aims to enhance students' skills and readiness for the evolving demands of the technology industry.

Bayside Media

Seed Round in 2020
Bayside Media is in the business of alternate skills development. We believe in the power of communities and we create technology and material that enables regular people to develop skillsets across verticals like journalism, psychology, law, and foreign languages to name a few. You can choose from our range of products that help you develop intellectual, familial and functional skills.

Samosa Singh

Series A in 2020
Samosa Singh is a snack outlet based in Bengaluru, India, founded in 2016. The business specializes in offering a variety of samosas and other Indian snack foods, catering to diverse regional preferences. By addressing gaps in the Indian samosa market, Samosa Singh provides a hygienic and fresh dining experience that appeals to a wide customer base. The menu includes not only fried samosas but also other popular street foods, allowing customers to enjoy authentic Indian flavors in one location.

Peel-Works

Series C in 2019
Peel-Works is a technology and data analytics company focused on enhancing eCommerce for corner stores in India. Through its ISO-certified platform, Taikee, the company offers a B2B grocery eCommerce solution that simplifies the procurement process for traditional grocery retailers. By partnering with leading FMCG brands, Taikee enables corner stores to source a diverse range of products at competitive prices via a single application, eliminating the need for multiple supplier interactions. The platform addresses key challenges such as inventory management, stock shortages, and working capital constraints by ensuring next-day delivery, ultimately improving the shopping experience for consumers. Additionally, Peel-Works provides inventory analytics services that deliver real-time insights to help retailers optimize operations, reduce costs, and enhance customer loyalty, thereby driving sales and profitability for small retail businesses.

Peel-Works

Series B in 2019
Peel-Works is a technology and data analytics company focused on enhancing eCommerce for corner stores in India. Through its ISO-certified platform, Taikee, the company offers a B2B grocery eCommerce solution that simplifies the procurement process for traditional grocery retailers. By partnering with leading FMCG brands, Taikee enables corner stores to source a diverse range of products at competitive prices via a single application, eliminating the need for multiple supplier interactions. The platform addresses key challenges such as inventory management, stock shortages, and working capital constraints by ensuring next-day delivery, ultimately improving the shopping experience for consumers. Additionally, Peel-Works provides inventory analytics services that deliver real-time insights to help retailers optimize operations, reduce costs, and enhance customer loyalty, thereby driving sales and profitability for small retail businesses.

Fraazo

Seed Round in 2019
Fraazo is a grocery delivery platform that specializes in providing fresh vegetables and fruits directly from farms to customers' doorsteps. The company operates under a farm-to-fork model, managing the entire supply chain from sourcing produce from farmers to delivering it through a network of micro-fulfillment stores. By leveraging data and precision agriculture, Fraazo ensures the selection of high-quality produce from trusted partners, enabling consumers to enjoy fresh groceries conveniently at home.

Peel-Works

Series B in 2019
Peel-Works is a technology and data analytics company focused on enhancing eCommerce for corner stores in India. Through its ISO-certified platform, Taikee, the company offers a B2B grocery eCommerce solution that simplifies the procurement process for traditional grocery retailers. By partnering with leading FMCG brands, Taikee enables corner stores to source a diverse range of products at competitive prices via a single application, eliminating the need for multiple supplier interactions. The platform addresses key challenges such as inventory management, stock shortages, and working capital constraints by ensuring next-day delivery, ultimately improving the shopping experience for consumers. Additionally, Peel-Works provides inventory analytics services that deliver real-time insights to help retailers optimize operations, reduce costs, and enhance customer loyalty, thereby driving sales and profitability for small retail businesses.

BookEventz

Series A in 2019
BookEventz.com is India's first comprehensive platform for booking party venues and banquet services. With a portfolio of over 1,000 venues, including restaurants, lounges, resorts, and hotels, it caters to various event needs across major cities like Mumbai, Pune, Delhi, Ahmedabad, and Bengaluru. The platform specializes in helping users find and secure the ideal locations for a range of occasions, from weddings and receptions to corporate meetings and birthday parties. By connecting clients with venue options that suit their specific requirements, BookEventz aims to streamline the event planning process and provide competitive pricing through expert negotiations. Its services are designed to save time and enhance the overall experience of organizing significant events.

Drstore

Seed Round in 2018
DrStore Healthcare Services India Pvt Ltd operates an e-commerce platform that supplies medical devices and equipment to hospitals, nursing homes, and clinics. Founded in 2015 and based in Thane, India, the company offers a wide range of products, including clinical diagnostic equipment, point-of-care devices, rapid diagnostic kits, surgical kits, and home healthcare solutions. In addition to its extensive product offerings, DrStore provides hospital advisory and consulting services, which encompass hospital design, lab design, equipment procurement, and financing solutions. The platform aims to streamline healthcare practices by providing comprehensive services such as genome testing, practice management solutions, prescription refills, and various hospital supplies, thereby enhancing the patient treatment journey.

Sqrrl

Seed Round in 2018
Sqrrl Fintech Private Limited is a financial technology company based in Gurugram, India, founded in 2016. The company develops a mobile investment application that assists users, particularly millennials, in making informed investment decisions tailored to their financial goals, risk tolerance, and needs. The application focuses on high-performing mutual funds and employs analytics and data science to enhance user experience. It also provides personalized support through one-on-one interactions with an advisory team. Sqrrl's operations are regulated by the Association of Mutual Funds of India and the Securities and Exchange Board of India, ensuring compliance with industry standards. The company aims to simplify the investment process and help young Indians achieve their financial aspirations.
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