WIOCC is revolutionising the delivery of high-capacity connectivity between Africa and the rest of the world. As a result, it is now widely recognised as Africa’s carriers’ carrier, offering a one stop-shop and end-to-end service between more than 30 African countries and the world’s key global financial and commercial centres. As a specialist in the wholesale market, WIOCC’s unique, flexible, bandwidth packages have been designed to enable carriers, mobile operators and internet service providers (ISPs) to take full advantage of Africa’s rapidly developing markets for fixed and mobile broadband and international corporate networking. WIOCC recognises that customers differ, and tailors many of its solutions to specific customer requirements.
Kitabisa.com is an online crowdfunding platform for social and personal medical causes. Since 2013, Kitabisa facilitates over $40 million donations from millions of donors across Indonesia.
Aadhar Housing Finance Limited is a housing finance company based in Mumbai, India, that focuses on providing affordable housing solutions primarily for low-to-middle-income individuals and families. Established in 1990, the company offers a variety of loan products, including home loans, home improvement and extension loans, loans for purchasing or constructing residential and non-residential properties, as well as loans against residential and commercial properties. Aadhar Housing Finance also facilitates balance transfer and top-up loans. The company serves a diverse clientele, including individuals, companies, and organizations, through an extensive network of 311 branches across 20 states and one union territory as of March 2019. It operates as a subsidiary of Wadhawan Global Capital Limited.
Vayana Network is a financing network that enables Businesses and their Trade Partners to capture their entire receivable and payable trades electronically and finance through Banks and Financial Institutions. Businesses can finance their payables, or factor their receivables or make financing available to their counterparties. Vayana Network, in partnership with MasterCard and Banks, also offers its award winning Commercial Card solution for Payable financing.
SayurBox, PT operates a platform that allows customers to buy pesticide-free vegetables through farm-to-table concept. Its platform allows users to choose organic, hydroponic, pesticide-free, and chemical-free produce in various categories, such as vegetables, fruits, grains, herbs and seasonings, protein food, and ready to consume; click-to-harvest on the produce and adjust quantity; and select delivery date. The company sources and delivers the produce directly from local farmers to customers in DKI Jakarta and South Tangerang areas. SayurBox, PT was founded in 2016 and is based in Jakarta Selatan, Indonesia.
AwanTunai is a fintech company based in Jakarta Timur, Indonesia, established in 2017. It focuses on transforming the banking landscape for micro merchants by providing them with access to mobile-based loans for working capital. Through its innovative mobile application, AwanTunai digitizes the traditional fast-moving consumer goods (FMCG) supply chain, enabling online inventory ordering and facilitating digital payments for small and medium enterprises. The platform also connects borrowers with lenders, allowing Indonesian banks and multi-finance companies to offer affordable financing solutions. By supporting the financial needs of micro merchants and enhancing government initiatives, AwanTunai aims to improve the welfare of Indonesians who previously lacked access to conventional banking products.
Mintifi Private Limited develops and operates online lending platform that provides unsecured credit to small and medium businesses. Its products include working capital loan, bill discounting limit for invoice financing, and term loans. Mintifi Private Limited caters to hospitality, travel, education, logistics, retail, and computer peripherals industries. The company was incorporated in 2017 and is headquartered in Mumbai, India.
WayCool Foods & Products Pvt. Ltd. is an agri-tech company based in Chennai, India, specializing in the procurement, processing, and distribution of fresh produce, dairy products, and grocery staples. Founded in 2015, the company sources fruits and vegetables from smallholder farmers and aggregators, facilitating direct links between farmers and consumers. WayCool employs innovative technology to enhance logistics and food safety, ensuring the quality of its products. It operates a diverse distribution network that includes retail stores under the brand SunnyBee, mobile stores on trucks, and e-commerce platforms, primarily serving the Chennai area. Additionally, WayCool designs and manages storage facilities and cold chain distribution operations, aiming to increase farmers' incomes while providing fresh produce to local shops, restaurants, and catering establishments. The company's vision focuses on becoming a leading food development and distribution entity in India, positively impacting the agricultural community.
WayCool Foods & Products Pvt. Ltd. is an agri-tech company based in Chennai, India, specializing in the procurement, processing, and distribution of fresh produce, dairy products, and grocery staples. Founded in 2015, the company sources fruits and vegetables from smallholder farmers and aggregators, facilitating direct links between farmers and consumers. WayCool employs innovative technology to enhance logistics and food safety, ensuring the quality of its products. It operates a diverse distribution network that includes retail stores under the brand SunnyBee, mobile stores on trucks, and e-commerce platforms, primarily serving the Chennai area. Additionally, WayCool designs and manages storage facilities and cold chain distribution operations, aiming to increase farmers' incomes while providing fresh produce to local shops, restaurants, and catering establishments. The company's vision focuses on becoming a leading food development and distribution entity in India, positively impacting the agricultural community.
Bizongo is an innovative online B2B marketplace catering to the diverse packaging and material handling industries. It makes packaging sourcing, distribution, inventory management, and design hassle-free for enterprises. The company's automated supply chain platform ensures availability of packaging for business with lower inventory. It addresses challenges such as inventory stock out, excess inventory, and obsolescence that are common for enterprises. Bizongo was founded in 2015 by Aniket Deb, Ankit Tomar, and Sachin Agrawal and is headquartered in Mumbai, Maharashtra, India.
WIOCC is revolutionising the delivery of high-capacity connectivity between Africa and the rest of the world. As a result, it is now widely recognised as Africa’s carriers’ carrier, offering a one stop-shop and end-to-end service between more than 30 African countries and the world’s key global financial and commercial centres. As a specialist in the wholesale market, WIOCC’s unique, flexible, bandwidth packages have been designed to enable carriers, mobile operators and internet service providers (ISPs) to take full advantage of Africa’s rapidly developing markets for fixed and mobile broadband and international corporate networking. WIOCC recognises that customers differ, and tailors many of its solutions to specific customer requirements.
Private Equity Round in 2021
Hikal Limited, together with its subsidiaries, manufactures and sells various chemical intermediates, specialty chemicals, and active pharma ingredients to pharmaceutical, food, animal healthcare, biotech, crop protection, and specialty chemicals and biocides companies. It operates in two segments, Pharmaceuticals and Crop Protection. The Pharmaceuticals segment produces active pharmaceutical ingredient (APIs). The Crop Protection segment manufactures pesticides and herbicides. The company collaborates with other companies and offer solutions in contract research, custom synthesis, and custom manufacturing of intermediates and APIs. It also provides specialty biocides and antimicrobial actives, as well as additives for leather, paint coatings, paper, water treatment, personal care, building materials, and textile industries. The company was founded in 1988 and is headquartered in Navi Mumbai, India.
LeadSquared is a unified lead conversion and marketing automation platform that helps B2B & B2C businesses track, nurture and manage their leads seamlessly. It includes services like sales CRM, mobile CRM, marketing automation, integrations and conversion platform.LeadSquared lets you manage your entire database on its intuitive interface, where you can build your own custom logic. It helps you to increase your closures and manage your pipelines easily. LeadSquared was founded by Nilesh Patel (CEO), Prashant Singh (COO) and Sudhakar Gorti (CPO) in 2013 and is headquartered in Bengaluru, India.
Evermos is a social commerce startup that connects resellers-to-brands to consumers via platform to sell everyday Muslim products in Indonesia. Founded in November 2018, by utilizing the reseller program, Evermos incentivizes individuals to share the provided products on their messaging application or social media. Allowing the reseller to own a business or online store without requiring operating capital and complex e-commerce system. Evermos focuses on bringing the everyday needs for every Moslem, by providing halal products in various verticals, including fashion, food, cosmetics, home appliances, and business opportunities that comply with Sharia laws.
UpGrad is an online education platform based in Mumbai that provides a variety of programs aimed at enhancing professional skills. Launched in 2015 by Phalgun Kompalli, Ronnie Screwvala, Ravijot Chugh, and Mayank Kumar, UpGrad offers courses in digital marketing, product management, entrepreneurship, data analytics, and digital technology management. The platform caters to both individual learners and enterprise clients, focusing on corporate learning and workforce development. It provides diploma, master's, and executive doctorate programs, along with certification courses, enabling students and professionals to acquire recognized qualifications in technology and business. UpGrad also emphasizes student support and industry insights to help learners advance their careers.
Housing Development Finance Corporation (HDFC) is a prominent financial institution in India that specializes in providing housing finance solutions to both individuals and corporate clients. Established in 1977, HDFC offers a diverse range of loan products, including loans for purchasing, constructing, renovating, or extending homes, as well as loans for agricultural purposes and education. The corporation also caters to non-resident Indians and provides loans against property. In addition to its core lending activities, HDFC engages in life and general insurance, asset management, and various investment advisory services. The company operates through numerous outlets across India and maintains representative offices in key international cities, enhancing its reach and service delivery. By integrating the housing finance sector with domestic financial markets, HDFC aims to facilitate a greater flow of resources into the housing sector, thereby contributing to the overall development of the industry.
Keeping technology at the core, Zinka Logistics is redefining the logistics landscape of India, making it reliable and efficient. Our comprehensive approach to problems creates impact on the entire ecosystem of transportation, which stitches across large number of livelihoods. The transportation sector is ripe for a revolution, and Zinka Logistics marks the beginning.
EduGorilla Community Pvt. Ltd. develops online mock tests platform. It helps students with career related queries, study materials, and information of different coaching institutes and schools. The company offers coaching services for defense and police, civil service, management, medical, banking, designing, skill, aptitude, language test, computer and information technology, government exams, teaching, railway, engineering, school level state and all India level, law, arts, commerce, SSC, foreign education, other, insurance, graduate engineering, IT placement papers, PSUs and research, license, and finance exams. EduGorilla Community Pvt. Ltd. was incorporated in 2016 and is based in Lucknow, India.
AssessHub is an online skill assessment platform that helps companies to hire, develop, and scale talent. Companies can measure competency, behavioural assessment, general aptitude, language proficiency, technical and functional skills using AssessHub platform.
MedGenome Labs Private Ltd. is a molecular genetic diagnostics company based in Chennai, India, focused on personalized healthcare through advanced sequencing technologies. The company specializes in Sanger sequencing and next-generation sequencing, offering a variety of diagnostic tests, including exome, whole genome, and mitochondrial genome sequencing. MedGenome provides comprehensive disease panels, such as hereditary cancer panels for mutations linked to various cancer syndromes, tumor somatic mutation panels for detecting DNA alterations in tumors, and genetic tests for cardiac, eye, and neuromuscular diseases. Additionally, it offers targeted panels for genetic mutations related to non-syndromic deafness and autism. MedGenome also features OncoMD, a database of cancer-related mutations derived from peer-reviewed sequencing studies. Through these molecular diagnostic tests, MedGenome assists clinicians in identifying gene variations relevant to treatment options and disease risk assessment. The company has strategic collaborations, including one with Denali Therapeutics, and was incorporated in 2013 as a subsidiary of SciGenom Labs Pvt Ltd.
Daystar Power specialises in providing solar power and energy efficiency solutions for businesses in the commercial, industrial, and agricultural sectors that result in significant reduction of power costs, diesel consumption and pollution.
OCP S.A. is a Moroccan company specializing in the production and sale of phosphate rock, phosphoric acid, and fertilizers. Founded in 1920 and headquartered in Casablanca, it operates through two main segments: Northern Axis and Central Axis. The company provides a variety of products, including phosphate rock for fertilizers and animal feed, as well as purified and merchant grade phosphoric acid for use in industries such as food and pharmaceuticals. Additionally, OCP S.A. produces binary fertilizers like mono-ammonium phosphate, di-ammonium phosphate, and triple super phosphate, along with fortified and soluble fertilizers and animal phosphate feed. The company exports its products to multiple regions, including North America, South America, Europe, Africa, India, Asia, and Oceania, and collaborates closely with over 160 clients worldwide to enhance soil quality and agricultural productivity sustainably.
Private Equity Round in 2021
Dodla Dairy Ltd is an integrated dairy company based in south India that specializes in a wide range of milk products. Its offerings include fresh milk, butter, ghee, paneer, curd, flavored milk, doodh peda, ice cream, and skimmed milk powder. The company focuses on meeting various consumer needs through conveniently packaged products. While primarily serving the Indian market, Dodla Dairy also exports its products internationally, with a significant portion of its revenue generated from domestic sales.
UpGrad is an online education platform based in Mumbai that provides a variety of programs aimed at enhancing professional skills. Launched in 2015 by Phalgun Kompalli, Ronnie Screwvala, Ravijot Chugh, and Mayank Kumar, UpGrad offers courses in digital marketing, product management, entrepreneurship, data analytics, and digital technology management. The platform caters to both individual learners and enterprise clients, focusing on corporate learning and workforce development. It provides diploma, master's, and executive doctorate programs, along with certification courses, enabling students and professionals to acquire recognized qualifications in technology and business. UpGrad also emphasizes student support and industry insights to help learners advance their careers.
Bizongo is an innovative online B2B marketplace catering to the diverse packaging and material handling industries. It makes packaging sourcing, distribution, inventory management, and design hassle-free for enterprises. The company's automated supply chain platform ensures availability of packaging for business with lower inventory. It addresses challenges such as inventory stock out, excess inventory, and obsolescence that are common for enterprises. Bizongo was founded in 2015 by Aniket Deb, Ankit Tomar, and Sachin Agrawal and is headquartered in Mumbai, Maharashtra, India.
Mintifi Private Limited develops and operates online lending platform that provides unsecured credit to small and medium businesses. Its products include working capital loan, bill discounting limit for invoice financing, and term loans. Mintifi Private Limited caters to hospitality, travel, education, logistics, retail, and computer peripherals industries. The company was incorporated in 2017 and is headquartered in Mumbai, India.
Liquid Telecom is an independent data, voice, and IP provider that commits to build a digital future. Liquid Telecom has built Africa’s largest single fibre network, currently stretching over 18,000km across Uganda, Kenya, Rwanda, Zambia, Zimbabwe, Botswana, DRC, Lesotho and South Africa. The award-winning Pan-African fibre network covers Africa’s fastest growing economies, where no fixed network has existed before.
Private Equity Round in 2021
PasarPolis is the leading Insuretech company in Southeast Asia and the only company jointly invested by three Unicorns in Indonesia, Go-Jek, Tokopedia, and Traveloka working to enable consumers to be protected. Offers customised tailor made insurance products via B2B strategic partnerships and direct to consumers. Products extend beyond traditional insurance to address consumer needs across multiple tech ecosystem. Leverages cutting-edge technology to redefine insurance.
Bizongo is an innovative online B2B marketplace catering to the diverse packaging and material handling industries. It makes packaging sourcing, distribution, inventory management, and design hassle-free for enterprises. The company's automated supply chain platform ensures availability of packaging for business with lower inventory. It addresses challenges such as inventory stock out, excess inventory, and obsolescence that are common for enterprises. Bizongo was founded in 2015 by Aniket Deb, Ankit Tomar, and Sachin Agrawal and is headquartered in Mumbai, Maharashtra, India.
Blue Sky is building AI-powered infrastructure to analyze every pixel on the planet to retrieve the pertaining insights on air quality, water pollution, heat index, flood risk, and more.
Samata AI enables balanced decision-making through techniques that identify and remove human biases in AI training datasets.
Predible Health Pvt. Ltd. designs, develops, and operates an artificial intelligence based cancer radiology platform. The company's platform aids radiologists and surgeons to diagnose and size cancerous tissue and lesion in treatments and also interpret images. Its products include Predible Liver, which offers autosegmentation of liver and Predible Lung, which offers malignancy scoring, nodule tracking, and response assessment. Predible Health Pvt. Ltd. was founded in 2016 and is based in Bengaluru, India.
Myelin Foundry Pvt Ltd. is a technology start-up based in Bengaluru, India, founded in 2019. The company specializes in developing a platform that leverages artificial intelligence algorithms for analyzing video, voice, and sensor data on edge devices. This platform offers a range of services aimed at enhancing user experiences and industry outcomes, including augmented creativity, improved streaming quality, actionable insights, and better handling of sparse data. Myelin Foundry serves various sectors, including media and entertainment, health and wellness, and national security, utilizing advanced deep learning techniques such as convolutional neural networks and generative adversarial networks.
Limechat provides a personalized shopping experience for D2C companies on chat platforms using L3 conversational AI. Its NLP expertise and a deep focus on the D2C domain helped us develop the right features to enable D2C brands to give compelling buying experiences on chat.
Ramkrishna Forgings Limited, founded in 1981 and headquartered in Kolkata, India, specializes in the manufacture and supply of open and closed die forgings made from carbon, alloy, micro alloy, and stainless steel. The company produces a diverse range of components, including crown wheels, I beams, crankshafts, connecting rods, and various axle and transmission parts. Its products serve multiple industries such as automotive, mining, agriculture, railways, and steel manufacturing, catering to both domestic and international markets. Ramkrishna Forgings is recognized as a critical supplier for railway components and partners with prominent original equipment manufacturers (OEMs) like TATA Motors and Ashok Leyland, as well as global companies such as Meritor. With advanced manufacturing facilities and stringent quality control measures, the company emphasizes integrity and skilled craftsmanship in its operations.
Onsitego, founded in 2010 and headquartered in Mumbai, India, provides extended warranty services for digital products and home appliances. The company offers damage protection plans for devices such as mobile phones, tablets, and laptops, which can be purchased directly from its website or through various online and offline partners across India. In addition to warranty services, Onsitego enhances customer experience with convenient features, including free pick-up and drop-off for devices and at-home service for larger appliances. The repair or replacement process is streamlined, typically taking 14 to 21 days, depending on the brand.
DSIL is based in Northern India with a portfolio of products comprising of sugar, alcohol, fine chemicals and rayon tyrecord.
1mg is a digital consumer healthcare platform based in Gurgaon, Haryana, India, launched in 2015. It aims to make healthcare more accessible, understandable, and affordable for users. The platform allows individuals to find detailed information about medicines prescribed by doctors and purchase them directly. Users can search for medications based on ailments, drug classes, companies, and brands. Additionally, 1mg features a doctor platform designed to help users locate suitable healthcare professionals for their needs. The company also offers a diagnostics service that enhances transparency and cost-effectiveness for lab tests, empowering Indian consumers and caregivers to choose the right healthcare services at competitive prices.
John Keells Group is a diversified conglomerate based in Colombo, Sri Lanka, with operations spanning various sectors including transportation, consumer foods, retail, leisure, property, and financial services. The transportation segment encompasses ports and shipping, integrated logistics, and airline services, including a container terminal in the Port of Colombo. In consumer foods, the company offers a wide array of products under established brands such as Elephant House and Keells-Krest, which include dairy items, soft drinks, and processed meats. Its retail division operates a network of stores and a mobile loyalty program. The leisure segment is involved in managing five-star hotels and resorts, alongside destination management services. Additionally, the group develops residential and commercial properties, manages office spaces and malls, and provides various financial services such as insurance and banking. Other ventures include business process outsourcing, software development, and tea production. Established in 1870, John Keells Group has a significant presence in Sri Lanka and operates in various international markets.
Bizongo is an innovative online B2B marketplace catering to the diverse packaging and material handling industries. It makes packaging sourcing, distribution, inventory management, and design hassle-free for enterprises. The company's automated supply chain platform ensures availability of packaging for business with lower inventory. It addresses challenges such as inventory stock out, excess inventory, and obsolescence that are common for enterprises. Bizongo was founded in 2015 by Aniket Deb, Ankit Tomar, and Sachin Agrawal and is headquartered in Mumbai, Maharashtra, India.
Navi is building consumer-centric and technology-driven businesses in the BFSI (Banking, Financial Services & Insurance) space.
Shadowfax Technologies Pvt. Ltd. is an on-demand logistics platform based in Bengaluru, India, founded in 2015. The company specializes in providing last-mile delivery services for local businesses, including restaurants, e-commerce, FMCG, and pharmaceuticals. Shadowfax's technology-driven platform offers a comprehensive delivery solution that enhances customer experiences through efficient logistics. With a presence in over 75 cities across India and more than 7,000 active delivery personnel, the company utilizes a crowdsourced model to optimize its operations. In addition to its delivery services, Shadowfax provides clients with valuable analytics and consumer insights by analyzing delivery data, enabling merchants to focus on their core business while benefiting from improved delivery efficiency.
Mahindra & Mahindra Financial Services Limited, a non-banking financial company, provides asset finance in the rural and semi-urban areas in India. The company offers financing for auto and utility vehicles, tractors, cars, commercial vehicles and construction equipment, and preowned and others vehicles to transport operators, farmers, small businesses and self-employed and salaried individuals; personal Loans for weddings, children’s education, medical treatment, and working capital for a small or medium-sized enterprise; and project finance, equipment finance, working capital finance, vehicle finance, and bill discounting services to small and medium-sized enterprises. It also provides life, non-life, and reinsurance products; housing finance; equity mutual funds, tax saver mutual funds, monthly income funds, and other investment products; and investments and advisory services. The company was formerly known as Maxi Motors Financial Services Limited and changed its name to Mahindra & Mahindra Financial Services Limited in November 1992. Mahindra & Mahindra Financial Services Limited was founded in 1991 and is headquartered in Mumbai, India. Mahindra & Mahindra Financial Services Limited is a subsidiary of Mahindra & Mahindra Limited.
Srinivasa Farms is a poultry farming and breeding service provider located in Hyderabad, India. The company specializes in animal husbandry, focusing on the breeding of layers and broilers. In addition to its breeding services, Srinivasa Farms engages in the trading of poultry and poultry-related products, ensuring the availability of quality poultry items for its customers. Through its operations, the company aims to meet the demands of the poultry market while maintaining high standards in its farming practices.
PNB Housing Finance Limited is a housing finance company based in New Delhi, India, that specializes in offering a wide range of financial products primarily focused on housing-related needs. The company provides housing loans for various purposes, including the purchase, construction, repair, and renovation of residential properties, as well as loans for commercial spaces and against property. Additionally, it offers loans for the purchase of residential plots and extensions of existing dwellings. PNB Housing Finance also caters to non-resident Indians and individuals of Indian origin with specialized home loan options. Beyond housing finance, the company extends its services to include loans for commercial properties, lease rental discounting, and mortgage loans for real estate developers. Founded in 1988, PNB Housing Finance also provides fixed deposit services to its customers.
Coverfox Insurance is an insurtech platform that provides hassle-free online insurance broking services. It offers car, bike, health, travel, terms, investments, and home insurance products. They also provide end-to-end support for claims. They have partnered up with 35+ insurance providers to provide the best policies and plans at the best possible premiums.
Coverfox Insurance Broking was incorporated in 2013 and is based in Mumbai, Maharashtra, India.
Bizongo is an innovative online B2B marketplace catering to the diverse packaging and material handling industries. It makes packaging sourcing, distribution, inventory management, and design hassle-free for enterprises. The company's automated supply chain platform ensures availability of packaging for business with lower inventory. It addresses challenges such as inventory stock out, excess inventory, and obsolescence that are common for enterprises. Bizongo was founded in 2015 by Aniket Deb, Ankit Tomar, and Sachin Agrawal and is headquartered in Mumbai, Maharashtra, India.
Moglix is an e-commerce platform for industrial tools and equipment. The company is engaged in marketing industrial supplies, in particular, MRO, Safety, Electrical & Lighting, Cleaning & Laundry Supplies, Office Supplies, Tools and many more industry essentials. The company was started in 2015 by a group of young entrepreneurs with the aim of bringing in revolutionary and exciting solutions to global e-commerce. The team brings in experiences from large global and e-commerce companies like Google, Amazon, and Snapdeal. We derive its strength and pride from its highly passionate team joining from ISB, IIMs, and IITs. Its headquarters is based in Singapore with a location in India.
1mg is a digital consumer healthcare platform based in Gurgaon, Haryana, India, launched in 2015. It aims to make healthcare more accessible, understandable, and affordable for users. The platform allows individuals to find detailed information about medicines prescribed by doctors and purchase them directly. Users can search for medications based on ailments, drug classes, companies, and brands. Additionally, 1mg features a doctor platform designed to help users locate suitable healthcare professionals for their needs. The company also offers a diagnostics service that enhances transparency and cost-effectiveness for lab tests, empowering Indian consumers and caregivers to choose the right healthcare services at competitive prices.
Cholamandalam Investment and Finance Company Limited is a non-banking finance company based in Chennai, India, and serves as the financial services arm of the Murugappa Group. Established in 1978, it provides a wide range of financial services through three primary segments: Vehicle Finance Loans, Home Equity, and Other Loans. The company offers various loan products including two-wheeler and commercial vehicle loans, tractor loans, and home loans for self-construction and property purchases. Additionally, it provides loans against property and business loans for small and medium enterprises, as well as rural and agricultural financing. Cholamandalam also engages in wealth management services, encompassing mutual funds, fixed deposits, and insurance products. Its insurance division, established in 2001, offers a variety of assurance schemes for both individuals and corporate clients, including health, motor, and property insurance. As of March 31, 2020, Cholamandalam operated a network of 1,091 branches across India.
Keeping technology at the core, Zinka Logistics is redefining the logistics landscape of India, making it reliable and efficient. Our comprehensive approach to problems creates impact on the entire ecosystem of transportation, which stitches across large number of livelihoods. The transportation sector is ripe for a revolution, and Zinka Logistics marks the beginning.
Sohan Lal Commodity Management Pvt Ltd, based in New Delhi, India, specializes in agricultural commodity warehouse management and procurement services. Founded in 1971, the company provides a range of offerings, including commodity warehousing, agricultural financing, collateral management, risk mitigation, and analytical services. Its Commodity Market Intelligence division conducts primary and secondary crop surveys and monitors crop cycles. The company also ensures quality testing of agricultural products and offers pest control and disinfestation services for stored grains. In addition, Sohan Lal Commodity Management provides assaying, trade and export services, and skill-building initiatives. Its diverse clientele includes farmers, processors, millers, traders, importers, exporters, commodity exchanges, and government entities, with operations extending across India and into Myanmar.
Moglix is an e-commerce platform for industrial tools and equipment. The company is engaged in marketing industrial supplies, in particular, MRO, Safety, Electrical & Lighting, Cleaning & Laundry Supplies, Office Supplies, Tools and many more industry essentials. The company was started in 2015 by a group of young entrepreneurs with the aim of bringing in revolutionary and exciting solutions to global e-commerce. The team brings in experiences from large global and e-commerce companies like Google, Amazon, and Snapdeal. We derive its strength and pride from its highly passionate team joining from ISB, IIMs, and IITs. Its headquarters is based in Singapore with a location in India.
RedDoorz is an online platform that facilitates budget accommodations across Southeast Asia, catering to both travelers and hoteliers. Founded in 2015 and headquartered in Jakarta, Indonesia, the company operates a network of branded budget hotels, providing its partners with tools for distribution, marketing, technology, customer experience, and pricing. This end-to-end platform allows guest house owners and hotel operators to enhance their visibility, reach a broader audience, and streamline their operations. RedDoorz has expanded significantly, employing over 1,000 individuals across five countries and attracting investment from notable backers. The platform focuses on two-star and three-star budget hotels, enabling travelers to discover affordable lodging options in key business and tourist destinations.
Mintifi Private Limited develops and operates online lending platform that provides unsecured credit to small and medium businesses. Its products include working capital loan, bill discounting limit for invoice financing, and term loans. Mintifi Private Limited caters to hospitality, travel, education, logistics, retail, and computer peripherals industries. The company was incorporated in 2017 and is headquartered in Mumbai, India.
NephroPlus is a network of dialysis centers in India that focuses on providing high-quality and affordable dialysis services. Co-founded by a dialysis patient with 16 years of experience, the organization is committed to improving the lives of individuals with kidney ailments. NephroPlus offers a range of unique dialysis options, including nocturnal, short daily, and holiday dialysis, which help patients maintain a more normal lifestyle. The network employs standardized treatment protocols and emphasizes continuous staff training and innovation to ensure effective care. In addition to dialysis, NephroPlus provides treatments for kidney stones, arteriovenous fistula surgeries, and other kidney-related issues, enabling patients to receive specialized care tailored to their needs.
MEP Infrastructure Developers Limited engages in the construction, operation, and maintenance of road infrastructure in India. MEP Infrastructure Developers Limited was founded in 2002 and is headquartered in Mumbai, India.
Srinivasa Farms is a poultry farming and breeding service provider located in Hyderabad, India. The company specializes in animal husbandry, focusing on the breeding of layers and broilers. In addition to its breeding services, Srinivasa Farms engages in the trading of poultry and poultry-related products, ensuring the availability of quality poultry items for its customers. Through its operations, the company aims to meet the demands of the poultry market while maintaining high standards in its farming practices.
Mahindra & Mahindra Financial Services Limited, a non-banking financial company, provides asset finance in the rural and semi-urban areas in India. The company offers financing for auto and utility vehicles, tractors, cars, commercial vehicles and construction equipment, and preowned and others vehicles to transport operators, farmers, small businesses and self-employed and salaried individuals; personal Loans for weddings, children’s education, medical treatment, and working capital for a small or medium-sized enterprise; and project finance, equipment finance, working capital finance, vehicle finance, and bill discounting services to small and medium-sized enterprises. It also provides life, non-life, and reinsurance products; housing finance; equity mutual funds, tax saver mutual funds, monthly income funds, and other investment products; and investments and advisory services. The company was formerly known as Maxi Motors Financial Services Limited and changed its name to Mahindra & Mahindra Financial Services Limited in November 1992. Mahindra & Mahindra Financial Services Limited was founded in 1991 and is headquartered in Mumbai, India. Mahindra & Mahindra Financial Services Limited is a subsidiary of Mahindra & Mahindra Limited.
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2020, the company operated 43 utility scale projects and various commercial rooftop projects with a combined rated capacity of 1,808 MW. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.
As the market leader and Sri Lanka's most successful start-up business in recent times, they envision the intelligent upgrade of the local transportation industry; consequently inspiring Sri Lanka towards matching global standards in effective problem solving via technology. PickMe is the proud product of this vision, instilled by their leadership that comprises the enterprisingly youthful and highly accomplished, and realized by talent warehoused at their headquarters in Colombo, Sri Lanka. The PickMe software is a platform that facilitates a real time connection between the taxi passenger and the taxi driver, enabling mutual engagement for the receipt and delivery of a seamless service.
Bizongo is an innovative online B2B marketplace catering to the diverse packaging and material handling industries. It makes packaging sourcing, distribution, inventory management, and design hassle-free for enterprises. The company's automated supply chain platform ensures availability of packaging for business with lower inventory. It addresses challenges such as inventory stock out, excess inventory, and obsolescence that are common for enterprises. Bizongo was founded in 2015 by Aniket Deb, Ankit Tomar, and Sachin Agrawal and is headquartered in Mumbai, Maharashtra, India.
Lithium is a business that accelerates sustainability, by bringing solutions to the marketplace that are forward-looking, consumer-friendly and responsible. Lithium represents that unique mix of a company founded on strong commercial basis, proudly anchored in social responsibility and in continuous innovation. Lithium is India's first zero emission transport service, with our fleet of Electric Vehicles (EVs) and associated charging infrastructure, backed by strong technology platform for telemetry, GIS, employee transport management, scheduling, rostering and analytics based optimisation; and trained and certified drivers.
Craftsman Automation is a manufacturer of high-quality complex precision engineered machined components ,industrial gear boxes, sheet metal parts and assemblies for automotive and industrial customers worldwide. The company has manufacturing facilities in Coimbatore, Pune, Sriperumbudur (near Chennai), Bangalore, Faridabad, Jamshedpur and Pithampur.
Its customer base includes companies such as General Electric, Daimler, Mitsubishi, Caterpillar, Siemens, Mahindra & Mahindra (M&M), Tata Cummins, and Tata Motors.
Private Equity Round in 2018
Bandhan Bank Limited is a commercial bank focused on micro banking and general banking services. Bandhan Bank has a license to provide banking services pan-India across customer segments. Bank offer a variety of asset and liability products and services designed for micro banking and general banking, as well as other banking products and services to generate non-interest income.
RedDoorz is an online platform that facilitates budget accommodations across Southeast Asia, catering to both travelers and hoteliers. Founded in 2015 and headquartered in Jakarta, Indonesia, the company operates a network of branded budget hotels, providing its partners with tools for distribution, marketing, technology, customer experience, and pricing. This end-to-end platform allows guest house owners and hotel operators to enhance their visibility, reach a broader audience, and streamline their operations. RedDoorz has expanded significantly, employing over 1,000 individuals across five countries and attracting investment from notable backers. The platform focuses on two-star and three-star budget hotels, enabling travelers to discover affordable lodging options in key business and tourist destinations.
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.
Radana Bhaskara Finance is a financial services platform focusing more on motorcycle financing activities for both new and used motorcycles, used four-wheeled financing as well as multipurpose financing.
The Company is currently headquartered in Jakarta with its branch offices spread across Java and Sumatra. As of November 30, 2015, the number of Branch Offices of the Company amounts to 49 Branch Offices.
CleanMax is now the largest developer of onsite and off-site solar solutions for corporate customers in India, on a build-own-operate basis. We develop solar projects on a turnkey basis, covering includes construction, financing and O&M in our scope, and providing power on a per-kWh basis under long-term Power Purchase Agreements, at rates cheaper than grid tariffs.
Portea Medical Private Limited is a leading provider of home healthcare services in India, established in 2012 and headquartered in Bengaluru. With a presence in 24 cities, including Mumbai, Indore, Kolkata, Mangaluru, Vijayawada, and Ahmedabad, Portea offers a wide range of medical care options directly at patients' homes. Services include visits from doctors, nurses, and physiotherapists, as well as physiotherapy, nursing care, vaccination, and newborn and elder care. The company also provides lab sample collection and medical equipment rental, addressing various healthcare needs such as post-operative care, palliative care, and gestational diabetes management. By focusing on improving health outcomes, Portea aims to make healthcare more accessible and affordable for patients across the country.
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2020, the company operated 43 utility scale projects and various commercial rooftop projects with a combined rated capacity of 1,808 MW. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.
Power2SME Private Limited operates an online buying club for small and medium enterprises. The company offer steel, commodity polymer, engineering polymer, chemical, and yarn products. It also provides products through its mobile application. The company serves businesses, offices, and manufacturing units in India. Power2SME Private Limited was formerly known as BEBB India Private Limited. The company was founded in 2012 and is based in Gurugram, India with additional offices in Ahmedabad, Kolkata, Pune, Chennai, Mumbai, and Surat, Raipur, Indore, Lucknow, Jaipur, Hyderabad, Bhubaneshwar, and Bangalore, India.
Moglix is an e-commerce platform for industrial tools and equipment. The company is engaged in marketing industrial supplies, in particular, MRO, Safety, Electrical & Lighting, Cleaning & Laundry Supplies, Office Supplies, Tools and many more industry essentials. The company was started in 2015 by a group of young entrepreneurs with the aim of bringing in revolutionary and exciting solutions to global e-commerce. The team brings in experiences from large global and e-commerce companies like Google, Amazon, and Snapdeal. We derive its strength and pride from its highly passionate team joining from ISB, IIMs, and IITs. Its headquarters is based in Singapore with a location in India.
Pi Ventures is a venture capital firm founded in 2016 and based in Bengaluru, India, that focuses on early-stage investments in technology-driven companies. The firm targets sectors such as healthcare, logistics, retail, financial technology, and enterprise solutions, with a particular emphasis on deep technology applications including artificial intelligence, machine learning, and the Internet of Things. Pi Ventures aims to identify and support innovative entrepreneurs who are addressing real-world challenges through disruptive technologies. The firm manages multiple funds, including Pi Ventures Fund II, which plans to invest in 20-25 startups across India, the United States, and Europe. With the potential for significant growth in India's economy, Pi Ventures is positioned to contribute to the development of global companies emerging from the region.
Private Equity Round in 2017
Hero Future Energies Limited specializes in the generation and distribution of renewable energy, focusing on wind, solar, and hydro power projects. Founded in 2012 and based in New Delhi, India, the company develops both rooftop and off-grid solutions to provide decentralized power to various consumers, including industries, businesses, educational institutions, non-profits, and governmental organizations. Hero Future Energies assists clients in meeting their Renewable Purchase Obligations (RPOs) by decreasing reliance on fossil fuels. The company also offers a range of services, including demand assessments, system design, engineering, and installation, as well as ongoing operation and maintenance support to ensure optimal performance. As a subsidiary of Hero MotoCorp Limited, it aims to integrate renewable energy into India's energy landscape, contributing to a sustainable future.
Apollo Clinic was born out of the perceived need to address the day-to-day health care needs of a typical family. It provides a wide range of superior quality health care services in the neighborhood, making health care of international standards accessible to every individual to address the day-to-day health care needs of the family. To maximize convenience and comfort, Apollo Clinic is a complete health care model and offers facilities for Specialist Consultation, Diagnostics, Preventive Health Checks , Vaccination and 24-hour Pharmacy, all under one roof. Apollo Clinic also pioneers in a range of value added services such as counselling on various lifestyle parameters being your new neighbourhood clinic.
RedDoorz is an online platform that facilitates budget accommodations across Southeast Asia, catering to both travelers and hoteliers. Founded in 2015 and headquartered in Jakarta, Indonesia, the company operates a network of branded budget hotels, providing its partners with tools for distribution, marketing, technology, customer experience, and pricing. This end-to-end platform allows guest house owners and hotel operators to enhance their visibility, reach a broader audience, and streamline their operations. RedDoorz has expanded significantly, employing over 1,000 individuals across five countries and attracting investment from notable backers. The platform focuses on two-star and three-star budget hotels, enabling travelers to discover affordable lodging options in key business and tourist destinations.
Utkarsh Micro Finance Private Limited is registered with Reserve Bank of India as Non Banking Finance Company (NBFC). Its registered office and corporate office is in Varanasi (Uttar Pradesh). It is started to provide financial and non financial services in its area of operations to the unbanked population who have the skill but are in need of capital. Initially it has started with credit and insurance, but eventually it will also undertake other activities to bring transformation in the lives of underprivileged.
Janalakshmi Financial Services is a for-profit NBFC serving the urban underserved, with the promoter stake held in the not-for-profit entity Janalakshmi Social Services. This is the only NBFC in India structured in such a manner, with the deliberate intent of keeping the social spirit intact. Janalakshmi Financial Services' market-based approach to financial inclusion is defined by three distinct characteristics: first, an exclusive focus on servicing the needs of the urban poor; second, a strong customer-value driven approach in designing financial products and services; third, the centrality of technology and processes as the foundation of a scalable enterprise.
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.
S Chand And Company Limited operates as an education content company in India. The company develops and delivers content, solutions, and services in the education K-12, higher education, and early learning segments. Company is involved in publishing, printing, sale, purchase, export, and import of various books and other literary work; agency ship and distribution of publishers for books and other literary work; selling of educational toys; and publishing books for children, schools, colleges, and universities, as well as digital content and interactive learning systems to schools and running pre-schools. The company also provides digital data management services and digital content books to schools and colleges; solutions for higher education in colleges, universities, and technical institutes; and DTP printing, DTP jobs, page making, editing and proof reading, and cover designing services of books, journals, tabloids, magazines, bulletins, brochures, and periodicals in the form of hard copy, compact disks, and e-forms. S Chand And Company Ltd offers 53 consumer brands across knowledge products and services including S.chand, Vikas, Madhubun, Saraswati, Destination Success and Ignitor. The company also exports its printed and digital content to Asia, the Middle East, Africa, and internationally.
Portea Medical Private Limited is a leading provider of home healthcare services in India, established in 2012 and headquartered in Bengaluru. With a presence in 24 cities, including Mumbai, Indore, Kolkata, Mangaluru, Vijayawada, and Ahmedabad, Portea offers a wide range of medical care options directly at patients' homes. Services include visits from doctors, nurses, and physiotherapists, as well as physiotherapy, nursing care, vaccination, and newborn and elder care. The company also provides lab sample collection and medical equipment rental, addressing various healthcare needs such as post-operative care, palliative care, and gestational diabetes management. By focusing on improving health outcomes, Portea aims to make healthcare more accessible and affordable for patients across the country.
NxtGen Datacenter & Cloud Technologies Private Limited provides datacenter and cloud-based services. The company offers solutions in the areas of Cloud Internet-as-a-Service, content delivery network, datacenters, continuity, Backup-as-a-Service, Disaster Recovery-as-a-Service, Data Protection-as-a-Service, Managed Security-as-a-Service, managed services, and infinite vault. The company was founded in 2012 and is based in Bengaluru, India with additional offices in Mumbai, Delhi, Chennai, and Hyderabad..
Robotic Wares Financial Newspaper of Hindustan Times
Suryoday Small Finance Bank Limited is a small finance bank in India focused on promoting financial inclusion for the unserved and underserved segments of the population. Established in 2008 and based in Navi Mumbai, the bank offers a range of banking services, including savings and current accounts, term deposits, and loans for mortgages, commercial vehicles, and micro, small, and medium enterprises. It also provides home loans, secured business loans, and group loans, along with various insurance products and pension schemes. The bank supports its customers with debit cards, NRI banking services, and digital banking facilities, while also operating 482 banking outlets across 12 states and union territories as of July 2020. Originally founded as Suryoday Micro Finance Limited, the institution rebranded in January 2017 to better reflect its broader banking services aimed at improving the financial well-being of economically disadvantaged individuals and reducing poverty in its operational areas.
Private Equity Round in 2014
SAMHI Hotels is a privately owned hotel asset company in India, specializing in the development, acquisition, and ownership of branded hotels. With a focus on prime markets that have high barriers to entry and significant unaccommodated demand, SAMHI has established a strong presence in the Indian hospitality sector. The company operates a diverse portfolio of hotels under well-known brands such as Courtyard by Marriott, Hyatt Place, Fairfield by Marriott, and Four Points by Sheraton. These partnerships with global hotel operators provide SAMHI's properties with enhanced visibility, loyalty programs, and corporate relationships, contributing to superior market penetration. Founded by industry veterans Ashish Jakhanwala and Manav Thadani, SAMHI has attracted prominent investors, including Equity International and GTI Capital Group. Its unique combination of experienced management, strategic partnerships, and a robust portfolio positions SAMHI as a significant player in the Indian hotel ownership landscape.
RBL Bank is one of India’s fastest growing scheduled commercial banks. It is continuously expanding its presence across India through a growing network of branches and ATMs. Established in 1943, RBL Bank undertook a transformational journey under a new management team in 2010. RBL Bank embarked on an aggressive growth plan based on a robust platform of strong governance, relationships, technology infrastructure, high quality capital and geographic expansion. Over the last two years, it has infused capital of over र 1,100 Crore from some of the most notable global and domestic names, taking the TIER 1 capital to र 1,600 Crore (approx.) Today, RBL Bank offers specialized services under the five business verticals: namely Corporate & Institutional Banking, Commercial Banking, Retail Banking, Agri & Development Banking and Financial Markets. The bank currently services over 5 Lakh customers and has a total business size of over Rs. 14,500 Crore. s of August, 2014, RBL Bank has grown to a network of 180 branches and 374 ATMs across 13 Indian states.
Utkarsh Micro Finance Private Limited is registered with Reserve Bank of India as Non Banking Finance Company (NBFC). Its registered office and corporate office is in Varanasi (Uttar Pradesh). It is started to provide financial and non financial services in its area of operations to the unbanked population who have the skill but are in need of capital. Initially it has started with credit and insurance, but eventually it will also undertake other activities to bring transformation in the lives of underprivileged.
Avanse Financial Services Limited is a non-banking finance company based in Mumbai, India, specializing in education financing. Established in 1992, the company provides a range of loan products designed to support students pursuing higher education both in India and abroad. Avanse offers higher education loans that cover tuition fees and living expenses, as well as e-learning loans for vocational training, self-learning, and up-skilling programs. Additionally, it provides loans to educational institutions to meet their working capital and growth needs. Regulated by the Reserve Bank of India, Avanse aims to empower students by offering flexible and accessible financial solutions to help them achieve their academic and career aspirations, promoting the belief that financial constraints should not hinder educational opportunities.
Organica Water, Inc. is a wastewater design-build company specializing in innovative solutions for the treatment and recycling of wastewater. Established in 1998, the company has evolved from a traditional operator in Hungary to a global leader in biological wastewater treatment technology. Organica offers a range of products and services, including design packages, operational supervision, and advanced process control software. Key offerings include the Organica Bluehouse, a pre-assembled and containerized wastewater treatment solution, and the Organica Biomodule, which serves as a biofilm carrier. Additionally, the Organica Scallop Discfilter effectively removes remaining suspended solids post-treatment. The company's Fixed-Bed Biofilm Activated Sludge system and Organica Food Chain Reactor address various wastewater treatment needs, catering to municipal, industrial, and commercial clients. With a presence in multiple countries, including Hungary, the United States, India, China, and Indonesia, Organica Water has built over 75 wastewater treatment plants and continues to expand its innovative solutions globally.
NSL Renewable Power Private Limited is a prominent player in the renewable energy sector in India, focusing on the development, operation, and management of a diverse range of energy projects. Incorporated in 1985 and based in Hyderabad, the company operates as a subsidiary of NSL Group of Companies Pvt Ltd. Its portfolio includes wind, solar, biomass, hydel, and thermal power projects. With a skilled workforce, NSL Renewable Power has positioned itself as an independent power producer, leveraging its expertise across various energy verticals to implement and operate projects effectively. The company aims to generate returns while contributing positively to society through its renewable energy initiatives.
RBL Bank is one of India’s fastest growing scheduled commercial banks. It is continuously expanding its presence across India through a growing network of branches and ATMs. Established in 1943, RBL Bank undertook a transformational journey under a new management team in 2010. RBL Bank embarked on an aggressive growth plan based on a robust platform of strong governance, relationships, technology infrastructure, high quality capital and geographic expansion. Over the last two years, it has infused capital of over र 1,100 Crore from some of the most notable global and domestic names, taking the TIER 1 capital to र 1,600 Crore (approx.) Today, RBL Bank offers specialized services under the five business verticals: namely Corporate & Institutional Banking, Commercial Banking, Retail Banking, Agri & Development Banking and Financial Markets. The bank currently services over 5 Lakh customers and has a total business size of over Rs. 14,500 Crore. s of August, 2014, RBL Bank has grown to a network of 180 branches and 374 ATMs across 13 Indian states.
Utkarsh Micro Finance Private Limited is registered with Reserve Bank of India as Non Banking Finance Company (NBFC). Its registered office and corporate office is in Varanasi (Uttar Pradesh). It is started to provide financial and non financial services in its area of operations to the unbanked population who have the skill but are in need of capital. Initially it has started with credit and insurance, but eventually it will also undertake other activities to bring transformation in the lives of underprivileged.