ICICI Bank

ICICI Bank, established in 1994, is a leading Indian multinational bank headquartered in Mumbai. It operates as a private sector bank, offering a broad spectrum of banking and financial services to both corporate and retail clients. These services include commercial lending, investment banking, wealth management, internet and online banking, venture capital, private equity, broking, corporate finance, and insurance. The bank caters to a diverse range of sectors such as business and consumer products, energy, financial services, healthcare, information technology, manufacturing, infrastructure, and technology. Its lending portfolio comprises working capital loans, term loans, overdrafts, cash credit, and collateral-free loans. ICICI Bank also has a subsidiary, ICICI Bank Canada, which specializes in retail banking services.

Rakesh Jha

Executive Director and Board Member

sai prasad somayajula

Assistant Vice President and Head-Operations canada

39 past transactions

Highways Infrastructure Trust

Debt Financing in 2025
Highways Infrastructure Trust is an Infrastructure Investment Trust (InvIT) focused on the transportation sector.

Poshn

Debt Financing in 2024
Poshn is an ag-fintech company that offers a comprehensive platform for wholesale buyers and sellers in the agricultural commodities market. The company facilitates the discovery of commodity prices and enables efficient online trading through its seamless platform. By providing full-stack services, Poshn streamlines the wholesale trading process, assisting in logistics and offering flexible payment options. The platform not only enhances cash flow management but also supports record-keeping, making it a robust solution for participants in the agriculture sector.

GPS Renewables

Debt Financing in 2024
GPS Renewables, established in 2010 and headquartered in Bengaluru, India, specializes in waste-to-energy solutions. The company develops and deploys BioOrja, a biowaste-to-energy reactor, which converts organic waste into bioCNG for cooking and electricity generation, and digested slurry for use as manure. Serving both private and institutional clients, GPS Renewables focuses on the urban waste market, particularly in tier I cities, where a significant portion of biodegradable waste originates from mass kitchens. The company's innovative technology, including a pending patent for BioUrja and specialized waste processing equipment, enables it to tackle the urban waste challenge while providing a sustainable energy source.

Quantum CorpHealth

Corporate Round in 2023
Quantum CorpHealth offers wellness programs and value-added health care services to corporate bodies and individuals

Auxilo

Venture Round in 2023
Auxilo Finserve is a non-banking financial company in India focused on addressing the financing gaps in the education sector. It offers a range of services, including student loan refinancing, educational infrastructure loans, and loan restructuring, aiming to facilitate access to finance for students pursuing graduate and postgraduate studies both domestically and internationally in countries like the US, UK, Canada, New Zealand, Germany, and Australia. By leveraging technology, Auxilo develops inclusive financial models that cater to the evolving needs of the educational ecosystem. The company strives to provide timely loans with competitive interest rates, thereby empowering aspiring students to pursue their educational goals without financial constraints.

PropertyPistol

Series A in 2023
PropertyPistol is a real estate firm that specializes in broking services, consulting, loan services, and builder services. The company aims to simplify the home buying process by leveraging modern technology to create an integrated e-commerce platform. This platform allows homebuyers to access a diverse range of property options, facilitating the search, selection, and transaction of real estate assets. PropertyPistol is dedicated to providing a seamless experience, enabling customers to efficiently navigate the complexities of real estate transactions. Through its comprehensive services, the firm strives to meet the diverse needs of buyers and sellers in the real estate market.

Affordmed

Debt Financing in 2023
Afford Medical Technologies is a healthcare company that manufactures and trades a wide range of medical equipment and other products.

Mufin Green Finance

Post in 2023
Mufin Green Finance is an Indian non-banking finance company that focuses on providing financial services primarily in the electric vehicle (EV) sector. The company specializes in offering various loan products, including used-car loans, personal loans, unsecured working capital loans, property loans, two-wheeler loans, and educational loans. Mufin Green Finance derives its revenue mainly from interest income generated through these financing activities. By concentrating on the burgeoning EV market, the company aims to support the transition to sustainable transportation while catering to diverse customer financing needs.

SatSure

Series A in 2023
SatSure is a decision analytics company that utilizes satellite technology, machine learning, and big data analytics to address challenges related to food, water, and energy security. The company operates a geospatial big data platform designed to deliver insights specifically for the agriculture sector. By integrating satellite data with financial and socio-economic information, SatSure generates agricultural risk profiles that assist in areas such as irrigation, infrastructure, and climate action. This innovative approach enables financial institutions to obtain real-time, location-specific insights, facilitating informed decision-making in their operations.

Swirepay

Seed Round in 2023
Swirepay is a global payments platform that offers a comprehensive suite of services aimed at streamlining financial operations for businesses. It specializes in payments, invoicing, and lending, allowing companies to automate bookkeeping processes and enhance cash flow management. The platform facilitates both online and offline payment acceptance, enabling businesses to support various payment methods, including card payments, digital wallets, and wire transfers. Additionally, Swirepay provides access to working capital for small and medium-sized enterprises through a marketplace of lenders, leveraging purchase orders and invoices from established enterprise buyers. This integrated approach helps businesses optimize their financial transactions and improve overall efficiency.

LEAD

Debt Financing in 2023
LEAD School, founded in 2012 and based in Mumbai, Maharashtra, India, provides comprehensive educational services through an integrated Edtech platform. The company aims to enhance learning for every child by leveraging technology to empower teachers. Its platform offers detailed lesson plans, audio-visual resources, and curriculum materials, facilitating collaboration among teachers, parents, and schools to achieve educational excellence. Additionally, LEAD School provides teacher training programs and a school management system, which collectively improve learning efficiency and promote standardized curricula, contributing to professional development in the education sector.

Snapmint

Debt Financing in 2022
Snapmint is an online shopping platform based in Mumbai, India, that facilitates purchasing in installments without the need for credit cards. Founded in 2015, the company offers a straightforward five-minute online process that allows customers to buy a variety of products, including mobile phones, electronics, appliances, and fashion items. Snapmint's checkout financing product aims to simplify the buying experience by eliminating the reliance on credit cards and the complexities associated with physical documentation for loan applications. The platform provides no-cost EMI plans, enabling customers to acquire their desired products while allowing for flexible and affordable installment payments.

SolarClue

Pre Seed Round in 2022
Solarclue.com is an online marketplace for solar products based in Bangalore, India, founded in 2016 by Subham Charan. The company operates under both business-to-business (B2B) and business-to-consumer (B2C) models, providing a platform for individuals and businesses to buy and sell a diverse range of solar solutions, including solar panels, solar water heaters, and solar street lights. The website allows users to list unlimited items for sale at no cost, fostering connections among customers, dealers, distributors, and manufacturers within the solar industry. Solarclue.com aims to enhance the growth of the solar sector in India and has garnered notable clients such as GRAAM and the Government of Karnataka. The inception of Solarclue reflects an inspiring entrepreneurial journey, as Charan developed the idea while studying in college and subsequently launched the company after dropping out.

BizzO

Seed Round in 2022
BizzO is a company that develops a personalized booking platform tailored for the travel, tourism, and hospitality sectors. Its platform offers comprehensive business management solutions that integrate various channels, including payments, communication, bookings, and social media. By consolidating bookings from multiple social media platforms, BizzO allows service providers to automate routine tasks, thereby increasing efficiency and saving time. The platform is designed to cater to the needs of businesses operating in major tourism hubs, facilitating seamless interactions across transportation, accommodation, and sightseeing services.

Open Network For Digital Commerce

Corporate Round in 2022
Open Network for Digital Commerce (ONDC) is an initiative designed to enhance e-commerce accessibility in India by fostering an open network that employs open-source methodologies and specifications. The network aims to facilitate the inclusion of diverse sellers, from small vendors to large enterprises, by creating a framework that supports various categories such as food, fashion, home goods, electronics, beauty, and personal care. By utilizing open protocols, ONDC promotes a collaborative environment that allows buyers, sellers, technology service providers, and payment gateways to participate seamlessly in the digital commerce ecosystem. This approach not only aims to increase e-commerce penetration across the country but also seeks to make the advantages of digital commerce available to a broader audience, ensuring scalable and cost-effective solutions for all stakeholders involved.

National Asset Reconstruction Company

Corporate Round in 2022
NARCL has been incorporated under the Companies Act and has applied to Reserve Bank of India for license as an Asset Reconstruction Company (ARC). NARCL has been set up by banks to aggregate and consolidate stressed assets for their subsequent resolution. PSBs will maintain51% ownership inNARCL. NARCL is intended to resolve stressed loan assets above ₹500 crore each amounting to about ₹ 2 lakh crore. In phase I, fully provisioned assets of about Rs. 90,000 crores are expected to be transferred to NARCL, while the remaining assets with lower provisionswould be transferred in phase II

Verve Financial Services

Venture Round in 2022
Verve Financial Services is a leading financial consulting firm committed to overall growth and success of their clients. Their ranges of service offerings include Capital Services, Financial Advisory, Corporate Tax Planning, Technology Services, Real Estate, Business Process Optimization and Payroll Management Services. Their approach is to help businesses make smart decisions at every turn. As a continuous learning and growing financial services firm they are committed to provide value to the businesses they work with. Ranked as one of the rapidly growing financial consulting firm, Verve Financial Services has the in-depth knowledge and understanding to provide a wide array of services across diverse industries including Textile, Timber, Advertising, IT, Trading, Entertainment, Hospitality, Energy and Manufacturing.

BharatPe

Debt Financing in 2021
BharatPe is an Indian fintech company that specializes in offering financial services tailored for small and medium-sized merchants. It provides a platform for digital payments through the Unified Payments Interface (UPI) and Point of Sale (POS) devices, allowing merchants to accept payments efficiently. The company's application also features interoperable QR codes for seamless transactions, enhancing the payment experience for both merchants and customers. In addition to payment solutions, BharatPe extends its services to include business loans and various financial products, aiming to empower merchants in effectively managing their finances and growing their businesses.

MyClassboard

Corporate Round in 2020
MyClassboard is a cloud-based school management software designed to enhance the efficiency of educational institutions by automating and streamlining their administrative operations. The platform offers a comprehensive suite of features including tools for fee management, admissions, grade management, transportation, human resources, payroll, and library management. Additionally, it provides an application programming interface (API) and live dashboards, facilitating improved communication between schools and parents. By leveraging these capabilities, MyClassboard enables schools to optimize their administrative tasks and enhance overall operational effectiveness.

PumPumPum

Debt Financing in 2020
PumPumPum is a pre-owned car subscription service designed to provide an affordable and convenient alternative to traditional car ownership. The company allows users to select cars from a pool of certified owners, eliminating concerns related to down payments, financing, warranty, and depreciation. Its subscription model focuses on delivering flexibility and minimizing liability, particularly targeting the needs of millennials. PumPumPum aims to build a high-quality and risk-free pre-owned car portfolio, which also benefits financial partners through a B2B2C approach.

Karvy Data Management Services

Corporate Round in 2019
Karvy Data Management Services is emerging as a leading provider of business and knowledge process services by focusing on delivery of business services for our clients through an innovative framework that is directly tied to improving service delivery along the value chain. With a reach across the length and breadth of the country and an ISO 9001:2008 compliant service delivery mechanism, we deliver services that result in customer success stories through a collaborative approach with our clients. Our capabilities in large scale process management services across industry verticals is making us a partner of choice for leading organizations in the country.

Truhome Finance

Debt Financing in 2019
Truhome Finance operates as a housing finance company in India, providing a range of financial products tailored for residential needs. The company offers home loans for purchasing or constructing residential properties, as well as loans for residential plots, home improvement, and construction finance. Additional services include loans against both residential and commercial properties to accommodate diverse borrower segments. Established in 2010 and headquartered in Mumbai, Truhome Finance is a subsidiary of Shriram City Union Finance Limited, which is part of the Shriram Group, a well-known financial conglomerate in India. With a network of 65 branches and a dedicated workforce exceeding 800 employees, the company aims to meet various credit requirements across the country.

Embassy Buildcon

Debt Financing in 2019
New York-based WeWork is currently in the process of listing its IPO and has recently filed its registration statement. Founded by Adam Neumann and Miguel McKelvey in 2010, WeWork is a coworking space company with operations in 425 locations across 36 countries starting from its first office in SoHo, New York.

Federal Transport Private Limited

Debt Financing in 2019
Federal Transport began its journey in January 2013 initiated by Mr. Chandan Singh and it concerns on empty container transportation. Mr. Singh has an overall experience of 10 glorious years in this field. The main motive of initiating this portal is to deteriorate the complexities between the clients and service providers. This portal aims to provide a free, unique and single platform for hassle-free interaction between the clients and service providers. The portal is an embellishment of technological growth and usage between individuals to share details and place requests accordingly. This portal displays only valid and genuine rates that are quoted transparently. This initiative is beneficial to both clients and various service providers since it helps to create business opportunities and binds technological support for the welfare of individuals. This service can be accessed by anyone irrespective of distance and is free for a limited period of time.

ePayLater

Seed Round in 2019
ePayLater, founded in December 2015 by Aurko Bhattacharya, Prasannaa Murlidharan, Uday Somayajula, Shanmunathan Thiagaraja, and Saxena, operates an online payment platform that facilitates a 'buy now and pay later' model for consumers. This innovative service allows customers to make purchases on various online portals with a single click, providing them with a 14-day window to complete their payments. During this period, users can execute multiple transactions through streamlined checkouts, consolidating their payments into one at the end of the term. Utilizing advanced machine learning techniques, ePayLater conducts real-time credit assessments based on factors such as buying patterns and digital footprints, enabling frequent online shoppers to access credit terms that enhance their purchasing flexibility.

Avenues Payments India Pvt.

Corporate Round in 2018
Avenues Payments India Pvt. Ltd. is an eCommerce company based in Mumbai, India, specializing in payment gateway services for eMerchants globally. Incorporated in 1999, the company offers a range of financial services, including Remitguru.com, an online remittance platform tailored for the Indian diaspora residing abroad, and remit.in, which provides tools for banks and businesses to establish their own remittance services. Avenues Payments caters to various sectors, including online shopping, hospitality, travel, and event management, facilitating seamless transactions across these industries. The company is supported by significant investors, enhancing its capabilities in remittance and payment solutions.

Reliance Jio

Debt Financing in 2018
Reliance Jio Infocomm is a telecommunications company based in Mumbai, India, that offers a range of wireless telecom products and services, including voice, data, and messaging. The company utilizes Long-Term Evolution (LTE) technology to provide mobile and broadband services. In addition to its core offerings, Jio distributes smartphones and hotspot devices, enhancing connectivity options for consumers. Jio also invests in research and development across various fields such as blockchain, artificial intelligence, Internet of Things (IoT), data analytics, and next-generation cloud services. Its media services encompass a wide array of content, including recorded and live music, sports, television programs, movies, and events, catering to diverse entertainment needs.

ePayLater

Seed Round in 2018
ePayLater, founded in December 2015 by Aurko Bhattacharya, Prasannaa Murlidharan, Uday Somayajula, Shanmunathan Thiagaraja, and Saxena, operates an online payment platform that facilitates a 'buy now and pay later' model for consumers. This innovative service allows customers to make purchases on various online portals with a single click, providing them with a 14-day window to complete their payments. During this period, users can execute multiple transactions through streamlined checkouts, consolidating their payments into one at the end of the term. Utilizing advanced machine learning techniques, ePayLater conducts real-time credit assessments based on factors such as buying patterns and digital footprints, enabling frequent online shoppers to access credit terms that enhance their purchasing flexibility.

Arteria Technologies

Venture Round in 2018
Arteria Technologies, established in 2007 and headquartered in Bengaluru, India, is a technology company specializing in SAP enterprise application services. As an SAP partner, Arteria offers high-value IT management consulting, leveraging a skilled workforce to deliver customized solutions. The company's core business involves evaluating and implementing appropriate SAP technologies, ensuring clients derive measurable business benefits from their SAP installations. Additionally, Arteria develops a mobile-based software suite that enables organizations to extend their on-premises SAP data to external partners, tracking and managing data from the partner ecosystem and integrating it with their SAP system for faster ROI.

HomeEquity Bank

Debt Financing in 2017
HomeEquity Bank is a privately held financial institution that focuses on providing reverse mortgage solutions to senior homeowners in Canada. Through its key products, the CHIP Reverse Mortgage and Income Advantage, the company enables clients to access the equity accumulated in their homes. This approach allows seniors to maintain control over their properties while alleviating financial stress during retirement. HomeEquity Bank partners with various organizations, including chartered banks, credit unions, mortgage brokers, and financial planning firms, to offer its financial solutions. The company is dedicated to helping Canadians live their retirement comfortably and securely.

Spandana Sphoorty

Debt Financing in 2017
Spandana Sphoorty Financial Limited is a microfinance company based in Hyderabad, India, that specializes in providing financial services to low-income households. Founded in 1998, the company primarily focuses on offering income generation loans under the joint liability group model, with a strong emphasis on empowering women engaged in entrepreneurial activities. In addition to these loans, Spandana Sphoorty provides various financial products, including loans against property, gold loans for agricultural and business purposes, and interim loans, catering to both urban and rural clients. By facilitating access to credit for those who typically lack it from formal financial channels, Spandana Sphoorty aims to enhance financial security and improve the quality of life for its customers.

Gokaldas Exports

Post in 2016
Gokaldas Exports Limited, founded in 1979 and based in Bengaluru, India, is a leading manufacturer and exporter of garments, specializing in outerwear, activewear, and fashion wear for men, women, and children. The company caters to prominent international fashion brands and retailers, exporting its products to diverse markets including the United States, Europe, Canada, Japan, Russia, the Middle East, South Africa, and South America. With a workforce of approximately 25,000 across 23 manufacturing units, Gokaldas Exports has established itself as the largest apparel exporter in India, achieving an annual turnover of around US$200 million. The company is committed to responding to global fashion trends while maintaining high standards of quality and production efficiency.

Vishwa Infrastructures & Services

Series C in 2016
Vishwa Infrastructures and Services Pvt Ltd. is an established private sector company based in Hyderabad, India, specializing in engineering, procurement, and construction services for water management infrastructure projects. Founded in 1992, the company focuses on delivering essential solutions for water treatment, sewage management, and water supply and distribution across both urban and rural areas. Its services include executing pipeline contracts, constructing water treatment and sewage treatment plants, building reservoirs and pump houses, and installing electro-mechanical equipment. With a presence across 17 states in India, Vishwa Infrastructures aims to enhance water management systems to meet the needs of residential, commercial, and industrial sectors.

Brightcom Group (formerly LYCOS Internet)

Venture Round in 2011
Brightcom Group, formerly known as LYCOS Internet Ltd, operates in the realms of ad-tech, new media, and Internet of Things (IoT) businesses, focusing primarily on the digital ecosystem. The group serves a diverse portfolio of prestigious clients, including major brands such as Coca-Cola, Hyundai Motors, and Samsung, while collaborating with key publishers like Facebook and Twitter. Brightcom also partners with renowned advertising agencies to enhance its service offerings. Its consumer products division emphasizes IoT, exemplified by its LIFE product, which aims to facilitate communication and information management through interconnected everyday objects. With a significant global presence spanning regions such as the US, Israel, and Western Europe, Brightcom Group is well-positioned to assist partners in navigating and capitalizing on emerging global trends in the digital landscape.

Bank of Rajasthan

Acquisition in 2010
The Bank of Rajasthan Limited provides commercial banking, merchant banking, consumer banking, deposit and money placement.

IARC

Venture Round in 2008
IARC is a securitization and reconstruction company.

Financial Information Network & Operations Pvt

Venture Round in 2007
Financial Information Network & Operations Pvt. Ltd. provides technology and operational solutions to financial institutions. It designs and implements technology solutions, such as systems, services, and networks. The company offers Tijori, a biometric smart card based no frills saving account product designed for the banks/ micro finance institutions (MFIs) in the microfinance space; Saral, a loan management system; Parichay, which provides a foolproof and an easy-to-use means to establish an individual's identity; Sayana-Ravi, a credit scoring solution for banks and MFIs; Plus, an deposit management solution, which combines reach, services, delivery channel, and processing platform; and MITRA that covers operational tasks and mobile commerce transactions. It also provides business correspondent and banking ASP services. The company serves banking, micro finance, insurance, and government enterprises, as well as consultants. Financial Information Network & Operations Pvt., Ltd. was founded in 2006 and is based in Mumbai, India.

Microland

Venture Round in 2005
Microland Limited, established in 1989 and headquartered in Bengaluru, India, specializes in IT infrastructure services, providing a comprehensive range of solutions to support enterprises in their digital transformation journeys. The company offers cloud services, including assessment, migration, design, and automation, alongside data center consulting and management. Microland also delivers end-user services, such as enterprise mobility management and desktop virtualization, and network services encompassing LAN/WAN management and enterprise communications. Additionally, it provides application management services, managed services for infrastructure management, and professional consulting for cloud technologies. With over 4,500 digital specialists, Microland operates globally, with delivery centers in Asia, Australia, Europe, the Middle East, and North America, ensuring reliable, predictable, and stable technology solutions for its clients.
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