growX Ventures

growX Ventures is a venture capital investment firm based in New Delhi, India, founded in 2008. The firm specializes in early-stage investments, focusing primarily on business-to-business and deep technology sectors. By targeting innovative companies in these areas, growX Ventures aims to support and foster the growth of emerging businesses. The firm is also committed to investing in line with environmental, social, and governance (ESG) principles, reflecting a responsibility towards sustainable development in the industries it supports.

Bahl, Sheetal

MD

Ashita Gupta

Principal

Manish Gupta

Principal

Sheetal Ranganathan

Venture Partner

Manu Rikhye

Partner

Ashish Taneja

MD

60 past transactions

Pixxel

Venture Round in 2023
Pixxel is a space data company that develops a constellation of hyperspectral earth imaging satellites and analytical tools to mine insights from that data. The constellation is designed to provide global coverage every 24 hours, aiming to detect, monitor, and predict global phenomena.

RACEnergy

Debt Financing in 2023
RACEnergy is a manufacturer of electric vehicle powertrains and battery swapping stations that aim to improve mobility by utilizing clean and efficient technologies. The company's powertrains have more power and torque than conventional ones, and the stations refuel vehicles in less than two minutes, allowing clients and fleet operators to save money and reduce emissions and costs.

RACEnergy

Seed Round in 2023
RACEnergy is a manufacturer of electric vehicle powertrains and battery swapping stations that aim to improve mobility by utilizing clean and efficient technologies. The company's powertrains have more power and torque than conventional ones, and the stations refuel vehicles in less than two minutes, allowing clients and fleet operators to save money and reduce emissions and costs.

Multipl

Seed Round in 2022
Multipl is building a movement of mindful consumption, planning it out and rewarding yourself with patience and good habit of saving up. With SNBL, no purchase is out of your reach. It's just a matter of smarter planning and a platform to support you. Multipl was established in 2020 in Bengaluru, Karnataka.

Wiom

Seed Round in 2022
WIOM provides internet to middle and lower-middle-income households. Essentially, it is a Public Data Office Aggregator (PDOA) which authenticates users and connects them with their local access point of choice, after charging a specific amount.

CynLr

Seed Round in 2022
CynLr is a technology company that develops a visual object intelligence platform for industrial robotic arms. The platform allows robots to see, understand, and manipulate objects in unstructured environments without pre-training.

Cosmofeed

Seed Round in 2022
We are building a powerful ecosystem of products designed to transform global content monetisation for solopreneurs, creators, and teams. At the heart of our innovation is SuperProfile, an all-in-one platform that empowers users to seamlessly sell digital products like eBooks, templates, and downloadable resources. It also offers robust solutions for hosting online and offline events—from webinars and workshops to exclusive in-person meetups—catering to diverse audience needs. SuperProfile simplifies course creation and management with intuitive tools for designing, distributing, and marketing educational content. Additionally, it provides a structured and professional space for 1-on-1 coaching, enabling personalised mentorship and consultation.

Zuddl

Series A in 2022
Zuddl is a conference management company that provides online conferencing services. The company's virtual event platform allows for the creation, management, and hosting of high-impact events. Zuddl was founded in 2020 and is based in San Francisco, California.

Immensitas

Seed Round in 2021
Immensitas is a marketing automation solution built on a customer data platform.

RACEnergy

Seed Round in 2021
RACEnergy is a manufacturer of electric vehicle powertrains and battery swapping stations that aim to improve mobility by utilizing clean and efficient technologies. The company's powertrains have more power and torque than conventional ones, and the stations refuel vehicles in less than two minutes, allowing clients and fleet operators to save money and reduce emissions and costs.

MedPay

Seed Round in 2021
MedPay® is building an AI-powered platform that connects healthcare service providers like Doctors, Pharmacies, and Diagnostic centers to insurers. Our network is called as MedPay® Connected Care Network (CCN) which enables you to accept insurance payments in real-time and facilitates a cashless claims process for the insured.

Cell Propulsion

Venture Round in 2021
Cell Propulsion is a fleet electrification company developing technologies and solutions for large scale electrification of commercial vehicle fleets ranging from light commercial vehicles to heavy electric vehicles like eBuses and eTrucks.

Cell Propulsion

Seed Round in 2021
Cell Propulsion is a fleet electrification company developing technologies and solutions for large scale electrification of commercial vehicle fleets ranging from light commercial vehicles to heavy electric vehicles like eBuses and eTrucks.

Pixxel

Seed Round in 2021
Pixxel is a space data company that develops a constellation of hyperspectral earth imaging satellites and analytical tools to mine insights from that data. The constellation is designed to provide global coverage every 24 hours, aiming to detect, monitor, and predict global phenomena.

Zuddl

Seed Round in 2020
Zuddl is a conference management company that provides online conferencing services. The company's virtual event platform allows for the creation, management, and hosting of high-impact events. Zuddl was founded in 2020 and is based in San Francisco, California.

Cell Propulsion

Venture Round in 2020
Cell Propulsion is a fleet electrification company developing technologies and solutions for large scale electrification of commercial vehicle fleets ranging from light commercial vehicles to heavy electric vehicles like eBuses and eTrucks.

Pixxel

Seed Round in 2020
Pixxel is a space data company that develops a constellation of hyperspectral earth imaging satellites and analytical tools to mine insights from that data. The constellation is designed to provide global coverage every 24 hours, aiming to detect, monitor, and predict global phenomena.

RACEnergy

Seed Round in 2020
RACEnergy is a manufacturer of electric vehicle powertrains and battery swapping stations that aim to improve mobility by utilizing clean and efficient technologies. The company's powertrains have more power and torque than conventional ones, and the stations refuel vehicles in less than two minutes, allowing clients and fleet operators to save money and reduce emissions and costs.

Cell Propulsion

Seed Round in 2019
Cell Propulsion is a fleet electrification company developing technologies and solutions for large scale electrification of commercial vehicle fleets ranging from light commercial vehicles to heavy electric vehicles like eBuses and eTrucks.

Meddo

Seed Round in 2019
Meddo (Arctern Healthcare) are re-defining how primary and secondary healthcare is provided in India through a connected care delivery platform.

AdvantageClub.ai

Seed Round in 2019
Advantage Club provides an AI-driven platform intended for driving employee engagement. It delivers programs that connect and benefit both the brands and an organization's clients/employees. The company intends to provide an end-to-end solution to facilitate meaningful client and employee engagement through exclusive privileges and rewards provided by its brand partners.

Doxper

Series A in 2019
Updating electronic health records is often the responsibility of doctors and care providers, but no one likes the burden and inconvenience of typing. Doxper is an AI powered data capture solution that allows doctors to instantly digitise their case sheets using a digital pen and encoded paper. The solution can be fully integrated with existing EMR systems. There is no change in behaviour or workflow required.

CynLr

Seed Round in 2019
CynLr is a technology company that develops a visual object intelligence platform for industrial robotic arms. The platform allows robots to see, understand, and manipulate objects in unstructured environments without pre-training.

Progcap

Series A in 2019
Progcap is a financial service company that provides financial opportunities for micro and small businesses. It also uses a mix of technology and its unique delivery model to underwrite credit and thus provide the underbanked semi-urban and rural retailers in India access to flexible, collateral-free working capital. The company also offers finance and supply chain-based solutions for micro and small enterprises. The lending platform risk models these businesses using non-traditional ecosystem data creating credit scores for customers. The company's mission is to empower these customers by providing them affordable and timely credit leveraging world-class technology. Progcap was founded in 2017 and is headquartered in New Delhi, Delhi, India.

Pixxel

Seed Round in 2019
Pixxel is a space data company that develops a constellation of hyperspectral earth imaging satellites and analytical tools to mine insights from that data. The constellation is designed to provide global coverage every 24 hours, aiming to detect, monitor, and predict global phenomena.

Bellatrix Aerospace

Seed Round in 2019
Bellatrix Aerospace is an Indian space R&D company that specializes in satellite propulsion.

Progcap

Seed Round in 2019
Progcap is a financial service company that provides financial opportunities for micro and small businesses. It also uses a mix of technology and its unique delivery model to underwrite credit and thus provide the underbanked semi-urban and rural retailers in India access to flexible, collateral-free working capital. The company also offers finance and supply chain-based solutions for micro and small enterprises. The lending platform risk models these businesses using non-traditional ecosystem data creating credit scores for customers. The company's mission is to empower these customers by providing them affordable and timely credit leveraging world-class technology. Progcap was founded in 2017 and is headquartered in New Delhi, Delhi, India.

Jump AI

Venture Round in 2019
Jump AI is a Developer of an AI-driven video production software for editors. The company focuses on building deep learning architectures to recognize faces in a video, find out camera parameters like zoom and pan and find out speaker changes in a video.

PaperToStone

Venture Round in 2019
PaperToStone provides full range of services for home improvement from design to construction, such as home re-modelling, construction, interior designing and architecture.

KyePot

Venture Round in 2019
Kyepot is a mobile platform that offers users with social financial services, including community-based saving, lending, and borrowing facilities. Users can find a group or create a group and carry out their financial transactions. They can perform real-time, automated payments over web and mobile platforms. Kyepot is focussed on India's markets

Paygilant

Venture Round in 2018
The mobile payments market is growing at an exponential rate, as consumers and merchants alike are adopting new financial, eCommerce and digital wallet payments methods. With mobile payments becoming mainstream, fraud continues to shift to the mobile channel, threatening this developing ecosystem. Banks, eCommerce and other payment providers are challenged to raise the security of their money transfer and payment solutions, while at the same time providing a smooth user experience and maintaining trust. Paygilant’s frictionless authentication and mobile fraud prevention solution protects the entire user-journey, detecting fraudulent transactions from app download to ongoing transactions, while seamlessly authenticating the legitimate customers. Paygilant’s end-to-end (login to logout) mobile provides the customer with a smooth payment experience. This document showcases Paygilant’s Mobile fraud detection and frictionless authentication solution, referring to specific use cases, product architecture and solution benefits.

Quandl

Venture Round in 2018
Quandl offers essential core financial and economic data alongside a suite of unique, alpha-generating alternative data. With an unrivaled delivery system -- whether through API or popular analytic tools, such as R, Python and Excel -- Quandl has cemented a reputation for understanding and providing what professional quantitative analysts need and want. The Quandl user base includes analysts from the world’s top hedge funds, asset managers and investment banks. The company was founded in 2011 and is based in Toronto, Canada.

Locus.sh

Series A in 2018
Locus is a leading-edge technology company solving one of the most challenging global supply chain problems: last-mile logistics. Locus' order-to-delivery dispatch management platform helps enterprises transform their last-mile logistics operations into growth centers through advanced optimization algorithms and intuitive workflow automation that equip businesses with the tools needed to maximize efficiency while delighting customers. Founded in 2015 and backed by GIC Singapore, Qualcomm Ventures, Tiger Global, and Falcon Edge, Locus has helped a wide range of customers globally across industries– including Unilever, Nestle, Bukalapak, The Tata Group, BlueDart, and more – execute 650 million deliveries across 30+ countries across North America, Europe, Southeast Asia, the Middle East, ANZ, and the Indian subcontinent. Its technology has also helped save $200 million in transit costs, offsetting 70 million kilograms in CO2 emissions while maintaining a 99.5% SLA adherence ratio. The company powers deliveries across North America, Europe, Southeast Asia, the Middle East, ANZ, and the Indian Subcontinent. Visit www.locus.sh to know more!

Fynd

Series C in 2018
Fynd is India's Largest Fashion O2O company with real-time inventory access to over 9000+ stores. Being a unique fashion e-commerce portal, it brings the latest in-store fashion online. The company channelizes its combined outreach to offer the best brands and fashion along with superior customer services to its ever-growing clientele. Technology plays a major part in the company's growth and APIs are the backbone of this business. Founded by Farooq Adam, Harsh Shah, and Sreeraman MG, the Mumbai-based firm was incepted in 2012 as Shopsense Retail Technologies Pvt Ltd. However, in November 2015 the company pivoted to Fynd, a unique fashion e-commerce portal offering fresh fashion to customers much ahead of any other e-commerce player. In March 2018, Fynd raised an undisclosed amount of funding in its Series C round led by Google and other existing investors including Kae Capital, IIFL, Singularity Ventures, GrowX, Tracxn Labs, Venture Catalyst, Patni family office and Hong Kong-based Axis Capital among other angel investors. The latest round of funding will be utilised to improve engagement between consumers and retailers. So far, Fynd had raised $3.4 Mn funding in Series A from investor groups led by IIFL. The capital was used to reach out to more than 20 million customers and increase inventory to include more than 15 lakh products. Fynd’s capability of sourcing its products across various fashion categories directly from most prominent brands' stores in the country, enables it to develop this edge over any other e-commerce marketplace. At present, Fynd serves customers located across India and receives inventory data from stores in 42+ cities.

Doxper

Seed Round in 2018
Updating electronic health records is often the responsibility of doctors and care providers, but no one likes the burden and inconvenience of typing. Doxper is an AI powered data capture solution that allows doctors to instantly digitise their case sheets using a digital pen and encoded paper. The solution can be fully integrated with existing EMR systems. There is no change in behaviour or workflow required.

Aereo

Seed Round in 2018
Aereo, formerly known as Aarav Unmanned Systems, was founded in 2013 at IIT Kanpur and has since grown to become India's premier homegrown drone manufacturing and solutions company. Based in Bangalore, they specialize in providing enterprise solutions for a variety of industries such as urban and rural development, agriculture, mining, construction, irrigation, forest conservation, renewable energy, and infrastructure development. Their drones are 10X faster & generate million times richer data, helping deliver advanced business intelligence that drives critical decision-making. Being one of the only companies to provide end-to-end drone solutions, they have mapped over 34,000 villages and touched the lives of over 45 million people. Aereo was the first company to launch India’s first DGCA-certified survey-grade PPK drone – Aereo INP. Apart from pushing technology benchmarks, they have intensively worked to impact productivity, people, and the planet through superior aerial intelligence. Aereo is backed by well-known early-stage deep tech investors like Auxano Capital, KARSEMVEN fund, StartupXseed Ventures, 3one4 Capital, GrowX ventures, 500 Durians, Ashok Atluri (MD of Zen Technologies), etc

Wellthy Therapeutics

Seed Round in 2018
Wellthy’s mission is to advance health equity through digital care in all parts of the world. We solve difficult global challenges including disparities in access, poor patient outcomes, and socio-economic barriers to care. We deliver patient-companion and concierge solutions that leverage behavioural science mechanisms to deliver clinical and business outcomes at scale. Our platform enables our partners to build and own next-generation digital solutions through a single, commercially, and clinically validated front-end, on a regulatory-compliant back-end.

Doxper

Seed Round in 2017
Updating electronic health records is often the responsibility of doctors and care providers, but no one likes the burden and inconvenience of typing. Doxper is an AI powered data capture solution that allows doctors to instantly digitise their case sheets using a digital pen and encoded paper. The solution can be fully integrated with existing EMR systems. There is no change in behaviour or workflow required.

Stashfin

Series A in 2017
StashFin is a unique neo-banking platform with a mission to deliver seamless, transparent, and efficient financial services to everyone. It aims to empower customers by improving their financial health leading to inclusivity, growth, and economic independence. StashFin has disrupted the traditional banking formats with its easy and flexible digital lending solutions that enable customers to take control of their finances. It has already assisted millions of clients and created a mindset of trust and transparency with its distinct proposition. Backed by a strong leadership network, efficient workforce, data, technology, and analytics, StashFin has been ranked one of the best startup brands to work for by LinkedIn.

Fynd

Series A in 2017
Fynd is India's Largest Fashion O2O company with real-time inventory access to over 9000+ stores. Being a unique fashion e-commerce portal, it brings the latest in-store fashion online. The company channelizes its combined outreach to offer the best brands and fashion along with superior customer services to its ever-growing clientele. Technology plays a major part in the company's growth and APIs are the backbone of this business. Founded by Farooq Adam, Harsh Shah, and Sreeraman MG, the Mumbai-based firm was incepted in 2012 as Shopsense Retail Technologies Pvt Ltd. However, in November 2015 the company pivoted to Fynd, a unique fashion e-commerce portal offering fresh fashion to customers much ahead of any other e-commerce player. In March 2018, Fynd raised an undisclosed amount of funding in its Series C round led by Google and other existing investors including Kae Capital, IIFL, Singularity Ventures, GrowX, Tracxn Labs, Venture Catalyst, Patni family office and Hong Kong-based Axis Capital among other angel investors. The latest round of funding will be utilised to improve engagement between consumers and retailers. So far, Fynd had raised $3.4 Mn funding in Series A from investor groups led by IIFL. The capital was used to reach out to more than 20 million customers and increase inventory to include more than 15 lakh products. Fynd’s capability of sourcing its products across various fashion categories directly from most prominent brands' stores in the country, enables it to develop this edge over any other e-commerce marketplace. At present, Fynd serves customers located across India and receives inventory data from stores in 42+ cities.

ZipLoan

Seed Round in 2017
ZipLoan, RBI registered NBFC, is a technology-enabled on-line lending platform established to provide Small Business Loans. Small Business Loans as a segment until now has been ignored by Financial Institutions given the granular peculiarities of small businesses and poor cost benefit trade-off with respect to sourcing and underwriting small loans

FastFox

Series A in 2017
FastFox is building a central pool of house inventory, gathered by its captive agents from different localities. Their technology allows the agents to dip into this pool and find the most relevant houses to be shown to the customer leads given to them. Effectively, FastFox.com is a market network of home seekers and captive agents regulated by technology and the central pool of home inventory.

ZipLoan

Seed Round in 2016
ZipLoan, RBI registered NBFC, is a technology-enabled on-line lending platform established to provide Small Business Loans. Small Business Loans as a segment until now has been ignored by Financial Institutions given the granular peculiarities of small businesses and poor cost benefit trade-off with respect to sourcing and underwriting small loans

Mad Street Den

Series A in 2016
Mad Street Den is a computer vision and artificial intelligence startup. Vue.ai is its first vertically integrated AI stack for Retail. The AI stack provides 360* solutions for the entire Retail value chain with products supporting on-site, on-app experience to marketing and social channels to operations and automation. Mad Street Den was established in 2013 by Anand Chandrasekaran in Redwood City, California.

Broex.in

Series A in 2016
OKU TECH builds mobile first solutions for communication needs of different business verticals in India and emerging markets. We believe that WhatsApp and other messaging apps have given the first taste of the connected world to the businesses and they now need better, more precise and specialized solutions.

Locus.sh

Series A in 2016
Locus is a leading-edge technology company solving one of the most challenging global supply chain problems: last-mile logistics. Locus' order-to-delivery dispatch management platform helps enterprises transform their last-mile logistics operations into growth centers through advanced optimization algorithms and intuitive workflow automation that equip businesses with the tools needed to maximize efficiency while delighting customers. Founded in 2015 and backed by GIC Singapore, Qualcomm Ventures, Tiger Global, and Falcon Edge, Locus has helped a wide range of customers globally across industries– including Unilever, Nestle, Bukalapak, The Tata Group, BlueDart, and more – execute 650 million deliveries across 30+ countries across North America, Europe, Southeast Asia, the Middle East, ANZ, and the Indian subcontinent. Its technology has also helped save $200 million in transit costs, offsetting 70 million kilograms in CO2 emissions while maintaining a 99.5% SLA adherence ratio. The company powers deliveries across North America, Europe, Southeast Asia, the Middle East, ANZ, and the Indian Subcontinent. Visit www.locus.sh to know more!

TableHero

Seed Round in 2016
Reimagining the technology stack for small local businesses by building an intelligent small business OS. The OS includes a suite of products that will vastly simplify website and digital presence management; reservations, bookings and appointments; and payments and customer loyalty.

LensBricks INC

Convertible Note in 2016
LensBricks aims to democratize imaging for insights. LensBricks was founded by luminaries in the field of computational imaging, computer vision and big data. The team has vast experience in combining camera hardware, software and cloud to spawn new forms of imaging and unique visual experiences to the market.

i2e1

Seed Round in 2015
i2e1 develops a platform that provides Internet access on various wireless devices to businesses and end users in India.

Bite Club

Seed Round in 2015
Bite Club is a Gurgaon-headquartered food ordering start-up. Bite Club enables users to order meal from a dynamic changing menu through its Android app. The food is prepared by aggregated people like home chefs, amateur chefs, and professional chefs. Bite Club was founded on 2014 and is headquartered in Gurgaon, India.

BetterButter

Seed Round in 2015
BetterButter is a social discovery platform for recipes. Discover a range of recipes with the BetterButter community, made by your friends and celebrity chefs alike. Share your favourite recipes and get appreciated.

Qyk

Seed Round in 2015
Qyk lets you compare and hire quality service providers without hassles. Simply tell us your service requirements to receive competitive quotes from the most relevant service providers to compare and save time and money. It's super easy, fast and free.

Mad Street Den

Seed Round in 2015
Mad Street Den is a computer vision and artificial intelligence startup. Vue.ai is its first vertically integrated AI stack for Retail. The AI stack provides 360* solutions for the entire Retail value chain with products supporting on-site, on-app experience to marketing and social channels to operations and automation. Mad Street Den was established in 2013 by Anand Chandrasekaran in Redwood City, California.

Aspire Bariatrics

Debt Financing in 2015
The AspireAssist™ is a breakthrough weight loss solution for people with obesity. Unlike many other weight loss procedures, it's minimally-invasive and reversible. The AspireAssist is now commercially available in selected regions in Europe and beyond, and is currently in clinical trials across the US.

NexGear

Angel Round in 2015
NexGear is a Mumbai-based startup that develops wearable technology devices. Its primary product, Frodo, is an intelligent adventure camera that uses artificial intelligence and algorithms to edit hours of adventure footages into ready-to-share videos instantly. NexGear’s core objective is to develop, brand, and market wearable devices with connected applications. The company was founded in 2014 by Amardeep Singh and Rahul Vats.

ShepHertz

Venture Round in 2014
ShepHertz provides an Omni-Channel Platform (Mobile, Web, Social, Gaming, TV, IoT, Wearables etc.) for complete end to end digitization. Deployed in 9 countries and processing 120+ Billion API Calls, ShepHertz is trusted by thousands of Indie developers, App Studios and Enterprises in 150+ countries. Why ShepHertz is favoured by people in more than 150+ countries: • One-stop-shop solution for Enterprises, no need for multiple service providers • In context seamless transition of consumers across omni-channel devices • Build apps with complex use cases quickly by reducing time and effort • Choose from public/dedicated cloud, hybrid or on-premise services • Expose protected resources as APIs in a secure manner • Actionable big data analytics to meet constantly changing consumer expectations

FortunePay

Angel Round in 2014
The India market is ready for a team that can offer robust internet payment services which can be easily integrated to provide a seamless user experience.FortunePay is a venture started by seasoned payments professional with a track record in delivering innovative solutions for both emerging and developed markets. Having worked in the India payments market delivering proven products for internet & mobile payments, and for financial inclusion, the team's experience will translate to shorter Time-to-Market (TTM), a higher Return-on-Investment (ROI) and the ability to scale your business rapidly.While our corporate offices are in Bangalore, we are in the process of opening our office in Mumbai.

AdSparx

Angel Round in 2014
AdSparx is a technology platform that enables video content publishers to embed targeted in-stream ads in their products. It delivers targeted, high impact, high experience, frame-accurate video ads across all internet connected devices; and detects ""broadcast Ad breaks"" in real-time and supports streams with or without any Ad markers for replacement and monetization. Users can set their own rules for inventory sales, define ad campaigns with custom targeting and generate performance reports; access a single point of integration on all servers without the need for change in client apps; integrate ad networks for reporting and use competitive real-time bidding to maximize value of inventory; and more. AdSparx was launched by Ketan Barhate, Lilesh Ghadi, and Kunal Lagwankar and is based Great Neck, New York.

Zolijns

Venture Round in 2013
Impeccable design, exquisite craftsmanship, world class collaborations. These are the foundations upon which “Zolijns”, a boutique furniture house is built. With a strong contemporary aesthetic, Zolijns has created a modern space which houses award-winning European and homegrown designers who articulate sophistication.

Claro Energy

Angel Round in 2013
Claro Energy operates in high-power deficit, diesel dependent, agrarian, and poor economic regions of India. We use solar energy for developing mass irrigation solutions & generate power at point of use. According to the United Nations 2014 report, "Even if the UN Millennium Development Goal of halving the population without access to drinking water and sanitation by 2015 is achieved, 244 million people in rural India will still remain without access to sustainable water supply"​ Innovative thinking can result not only in preventing the crisis, but also in enhancing economic development and improving living standards at large. At Claro, we believe that an improvement in water productivity and food security can be done through revitalizing irrigation technology, practices and institutions.
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.