SML Isuzu
Acquisition in 2025
SML Isuzu is a reputable manufacturer of commercial vehicles, primarily focused on the production and sale of light and medium trucks and buses. Operating throughout India, the company offers a diverse product portfolio that includes special application vehicles such as ambulances, tippers, dumper placers, troop carriers, prison vans, dual cab trucks, 4X4 trucks, water tanker trucks, closed vans, and refrigerated vans. The majority of SML Isuzu's revenues are generated from vehicle sales, underscoring its commitment to providing reliable and efficient transportation solutions within the commercial sector.
M.I.T.R.A stands for Machines, Information, Technology, Resources for Agriculture. They develop new machines to serve farmers growing “high-value crops” like fruits and vegetables.
TVS Automobile Solutions
Corporate Round in 2020
TVS Automobile Solutions Private Limited, formerly known as MyTVS, is a prominent provider of automobile aftermarket services based in Chennai, India. Established in 2009, the company specializes in a wide range of car services, including maintenance and repair for various vehicle components such as engines, brakes, and electrical systems. It also offers additional services like roadside assistance, extended warranty, insurance brokerage, and telematics. With a multi-brand car servicing approach, TVS Automobile Solutions aims to enhance vehicle operational uptime and reduce fleet costs for its clients. The company operates under the umbrella of T V Sundram Iyengar & Sons Private Limited and has established a reputation for quality service in the automotive sector.
Aquasail
Corporate Round in 2020
Aquasail is a boating company based in India that provides a variety of sailing experiences for individuals, families, and corporate clients. The company specializes in offering enjoyable and educational programs aboard high-quality boats, catering to diverse market segments. For individuals and families, Aquasail provides fun and learning opportunities that enhance sailing skills and foster a love for the water. Additionally, the company offers corporate programs focused on brand building and employee motivation, creating unique experiences that promote teamwork and engagement. Through its range of services, Aquasail aims to deliver memorable and enriching sailing adventures for tourists and local clients alike.
Meru Cabs
Acquisition in 2019
Meru Cabs is a pioneering provider of metered radio taxi services in India, first launched in Mumbai in April 2007. The company has expanded its operations significantly, now serving five major cities: Mumbai, Delhi, Hyderabad, Bengaluru, and Jaipur. Meru Cabs offers customers a comfortable and reliable commuting experience in well-equipped, air-conditioned vehicles, available 24/7. The company emphasizes passenger safety by employing GPS and GPRS technology in its fleet. Customers can conveniently book rides online, via phone, or through a mobile application, and receive e-bill receipts at the end of their journeys to ensure transparent billing. The name "Meru," inspired by a mountain symbolizing reliability, reflects the company's commitment to providing dependable transportation services.
ParkourSC
Series B in 2019
ParkourSC is a logistics and supply chain company that delivers a cloud‑based sensor platform for real‑time visibility of assets in motion. The platform creates a digital twin of the supply chain, processing billions of events per second to provide continuous insight into location, condition, timing, and utilization. By collecting data from any source, it enables predictive analytics that detect anomalies and forecast disruptions before they occur. Founded in 2014 and headquartered in Milpitas, California, the company serves manufacturing and pharmaceutical sectors with diagnostic and actionable intelligence.
Gamaya is a company focused on enhancing the efficiency and sustainability of both large-scale and small-holder farming through advanced farmland mapping and diagnostics solutions. It employs patented hyperspectral imaging technology, embedded cameras, and analytical software to convert raw hyperspectral and satellite data into actionable insights for farmers. This innovative approach enables farmers to optimize their use of water, fertilizers, chemicals, and fuel, ultimately improving the quality and quantity of their agricultural production. By facilitating better decision-making, Gamaya's solutions contribute to increased crop yields while minimizing environmental impact, thereby supporting sustainable agriculture and global food security.
Centre for Sight
Venture Round in 2019
Centre for Sight, established in 1996, is a leading eye care provider in India, headquartered in New Delhi with additional facilities in the city. The company specializes in a wide range of eye care services, including cataract and LASIK surgery, retina and glaucoma treatment, cornea and pediatric ophthalmology, and oculoplasty and facial aesthetics. Centre for Sight is committed to patient-centric care, offering personalized treatment plans and comprehensive services from basic diagnostics to complex surgical procedures, all under one roof.
Resson is a bioinformatics and data analytics company based in Fredericton, New Brunswick, specializing in customized agriculture solutions for large corporate clients. The company employs advanced technologies such as cloud-based data processing, swarm robotics, computer vision, and machine learning to enhance agricultural productivity. Its proprietary platform, the Resson Agricultural Management and Analytics System, analyzes crop metrics to assess the health and status of crops. By providing actionable insights derived from field data, Resson enables agricultural operators to optimize their operations, improve efficiency, increase yields, and maximize profitability.
Avaamo is a deep-learning software company that specializes in enterprise conversational interfaces. It develops a platform that combines machine learning, conversation design, and integration with legacy enterprise workflows to automate the customer and employee service lifecycle, enabling enterprises to design and deploy bots and virtual assistants. The solution aims to improve engagement and reduce operational costs. Avaamo provides a mobile application on Android and iOS, was founded in 2014, and is based in Los Altos, California; it has a strategic partnership with Tech Mahindra.
Porter is an end-to-end logistics platform founded in 2014 and headquartered in Bangalore, Karnataka. It focuses on optimizing last-mile delivery operations for businesses, addressing inefficiencies in urban logistics. The platform allows companies to book mini trucks and tempos from a fleet of vehicles based on specific dates and locations. This service enables businesses to access reliable and economical transportation solutions while providing real-time tracking of their deliveries. Currently, Porter has served over 5 million customers across 12 cities in India, including major metropolitan areas like Mumbai, Delhi, and Bangalore, thereby transforming the way goods are transported in urban environments.
CarSense
Corporate Round in 2018
CarSense is a technology company focused on enhancing the connectivity and intelligence of vehicles, including cars and bikes. By developing innovative products, CarSense aims to improve the user experience through smarter, data-driven solutions. The company leverages advanced Internet of Things (IoT) devices that can be integrated into existing vehicles, providing valuable insights that help users make informed decisions. Through its commitment to connecting vehicles and optimizing their performance, CarSense positions itself as a leader in the automotive tech space.
Zoomcar is a leading car-sharing marketplace operating primarily in emerging markets, with over 20,000 cars available on its technology-driven platform across India, Southeast Asia, and Egypt. The company enables host entrepreneurs to share their vehicles safely and easily, generating additional passive income. Guests benefit from a wide range of affordable cars for memorable driving experiences. Founded in 2013 and based in Bengaluru, India, Zoomcar employs over 300 people and serves 50 cities across India, Indonesia, Vietnam, and Egypt. Uri Levine, co-founder of mobility companies Waze and Moovit, is the Chairman of the Board. The company's revenue comes mainly from short-term self-drive rentals and vehicle subscriptions, with a significant portion derived from its operations in India.
M.I.T.R.A stands for Machines, Information, Technology, Resources for Agriculture. They develop new machines to serve farmers growing “high-value crops” like fruits and vegetables.
Gold Farm
Seed Round in 2017
Gold Farm is a company that operates a farm equipment booking platform designed to support the farming community. Their platform offers clean technologies aimed at improving rural Indian power grid systems and providing essential farming equipment. By doing so, Gold Farm enables farmers to access affordable resources, thereby enhancing their agricultural capabilities.
Erkunt Sanayi
Acquisition in 2017
Erkunt Sanayi A.S. is a Turkish company founded in 1953 and based in Ankara, specializing in the production of iron castings. The company manufactures gray and ductile iron castings, primarily serving the automotive industry with a diverse range of products including engine blocks, cylinder heads, axle housings, flywheels, oil pans, and various other components and accessories. Since December 1, 2017, Erkunt Sanayi has operated as a subsidiary of Mahindra Overseas Investment Company (Mauritius) Limited, enhancing its operational capabilities and market reach.
Erkunt Traktor Sanayii
Acquisition in 2017
Erkunt Traktor Sanayii is engaged in the manufacturing of iron castings and machined parts specifically designed for the agricultural and construction sectors. The company operates a dealership that offers both new and used tractors, along with spare parts, catering to the diverse needs of the farming industry. By providing a comprehensive selection of products, Erkunt Traktor ensures that clients have access to essential machinery and components for their operations, streamlining their purchasing process.
ParkourSC
Series A in 2017
ParkourSC is a logistics and supply chain company that delivers a cloud‑based sensor platform for real‑time visibility of assets in motion. The platform creates a digital twin of the supply chain, processing billions of events per second to provide continuous insight into location, condition, timing, and utilization. By collecting data from any source, it enables predictive analytics that detect anomalies and forecast disruptions before they occur. Founded in 2014 and headquartered in Milpitas, California, the company serves manufacturing and pharmaceutical sectors with diagnostic and actionable intelligence.
Medwell Ventures
Series B in 2017
Medwell Ventures is a developer of a healthcare delivery platform designed to enhance accessibility and personalization in medical care. By integrating various delivery channels, the company focuses on providing specialty medical services in the home environment, particularly for chronic diseases outside traditional hospital settings. Utilizing a combination of healthcare expertise, advanced technology, and rigorous processes, Medwell Ventures aims to improve the accuracy and accountability of healthcare, ensuring that patients receive tailored treatments that cater to their specific health needs.
Hisarlar
Acquisition in 2017
Hisarlar Makina Sanayi Ve Ticaret A.S., established in 1973 and based in Eskisehir, Turkey, specializes in the manufacture of agricultural and sports equipment, as well as trucks. The company produces a wide range of products, including excavator and engineering vehicle chassis, bus chassis, tractor safety cabins, and various agricultural machines and components. Focused on the heavy metal industry, Hisarlar also offers agricultural tillage equipment, tools, and welding machines, aimed at enhancing soil quality and supporting mechanization throughout all stages of cultivation. As a significant player in the agriculture machinery sector, Hisarlar contributes to the advancement of agricultural practices.
FirstCry India
Series D in 2016
FirstCry is an online platform based in Pune, India, specializing in baby and kids' products. Founded in 2010, the company offers an extensive range of over 20,000 items from more than 250 renowned international and Indian brands, including Mattel, Pampers, and Disney. FirstCry's business model encompasses not only the sale of baby products and toys but also the wholesale distribution of fast-moving consumer goods (FMCG) through various partners. Additionally, the company operates a preschool segment via franchise partnerships across India. By focusing on quality products and providing a reliable online shopping experience, FirstCry aims to ensure customer satisfaction through prompt delivery services and responsive customer care.
Scoot provided shared electric mobility services, including electric scooters, mopeds, cars, and bicycles, in cities such as San Francisco, Barcelona, and Santiago. Established in 2012, the company was a pioneer in offering electric vehicles for rent via a smartphone app, allowing users to commute in an eco-friendly manner. Its network featured hundreds of electric scooters that facilitated zero-emission transportation at an affordable cost. In 2019, Scoot was acquired by Bird.
Babyoye
Acquisition in 2015
Babyoye is an online retailer based in India that specializes in providing a wide range of products and services for mothers and infants. The company offers an extensive selection of maternity goods, children's clothing, diapers, bath and skincare items, health and safety products, and toys, catering to the needs of modern Indian parents. In addition to its online marketplace, Babyoye also operates physical retail stores throughout India, enhancing its reach and accessibility to customers. The platform aims to deliver high-quality care products, ensuring that parents can find the best options for their families in a convenient manner.
Peugeot Motocycles
Acquisition in 2014
Peugeot Motocycles, founded in Mandeure, France, holds the distinction of being the oldest brand of two-wheelers in the world. The company specializes in the manufacturing of scooters, mopeds, and electric scooters, focusing on delivering safe, sustainable, and affordable mobility solutions. Renowned for its innovative spirit, Peugeot Motocycles pioneered the first European plastic-fibre scooter in 1982 and introduced the Scoot’elec electric scooter in 1996. It also played a pivotal role in enhancing safety features by implementing ABS braking systems in its 125 cc scooters starting in 2001. In 2013, the launch of the Peugeot Metropolis, a three-wheeled vehicle produced in France, further reinforced the brand's legacy and its connection to Automobiles Peugeot.
SsangYong
Acquisition in 2011
SsangYong Motor Company, headquartered in Pyeongtaek, South Korea, is a manufacturer of automobiles and parts, specializing in sports utility vehicles (SUVs) and recreational vehicles (RVs). Founded in 1954, the company offers a range of SUVs under the Rexton, Korando, and Tivoli brand names. Notably, the Korando Family was the first SUV produced in Korea. SsangYong exports its vehicles to approximately 126 countries through around 1,500 sales outlets and also engages in sales finance activities. The company operates as a subsidiary of Mahindra & Mahindra Limited.
EPC Industrie
Post in 2011
EPC Industrie is a manufacturers and suppliers of all components of drip, sprinkler irrigation systems.
The East India Company
Private Equity Round in 2011
The East India Company is a United Kingdom-based retailer specializing in gourmet foods, beverages and gifts. Through its stores and online channels it offers tea, coffee, chocolates, biscuits, accessories, and gift hampers, with luxury sets presented in distinctive red boxes or premium baskets. The offering also includes coins as part of its collectibles range. Founded in 1600 and headquartered in London, the company operates with a luxury-brand positioning and serves customers seeking globally sourced foods, drinks, and gift experiences across home, travel and hospitality categories.
D.light is a developer of solar home lighting and power products aimed at providing clean energy solutions to rural and semi-urban populations. The company offers a range of solar goods, including lights, radios, televisions, fans, and other home appliances, all powered by rechargeable solar kits. By making these products accessible and affordable, D.light seeks to improve health, increase productivity, and enhance the overall quality of life for its users.
G R Grafica Ricerca Design
Acquisition in 2008
G R Grafica Ricerca Design is a graphic design company
LocaModa was a company focused on creating and managing multi-channel marketing programs for brands and agencies. Headquartered in Cambridge, Massachusetts, LocaModa specialized in location-based text messaging services, place-based social media, and multiplayer mobile game software. The company aimed to connect individuals with their environments by enabling access to and control over media in various settings, including bars, cafes, colleges, public spaces, conferences, restaurants, retail locations, jukeboxes, and digital billboards. LocaModa was venture-backed and later acquired by Monster Media.