N+1 Capital

N+1 Capital is a revenue-based growth capital firm founded in 2020 and headquartered in New Delhi, India. The firm specializes in providing financial support to early-stage companies across various sectors, enabling them to accelerate their growth. By focusing on revenue-based financing, N+1 Capital aims to empower businesses that are generating substantial revenue, allowing them to leverage capital without the pressures of traditional equity dilution. With a commitment to fostering innovation and supporting emerging enterprises, N+1 Capital plays a significant role in the Indian startup ecosystem.

Chinmaya Agarwal

Senior Associate

Rahul Chowdhury

Co-Founder and Managing Partner

Nimesh Kampani

Venture Partner

Ashish Singla

Co-Founder and Managing Partner

14 past transactions

Perpetuity Capital

Debt Financing in 2024
Perpetuity Capital is a financial technology (FinTech) company offering customized lending solutions for Commercial vehicles, Personal vehicles, and Two-Wheeler loans.

Moeving

Seed Round in 2022
MoEVing is an electric vehicle startup based in Gurgaon, India, focused on promoting e-mobility through a comprehensive technology platform designed for drivers and small fleet operators. Founded in 2021, the company offers a range of full-stack technology solutions that encompass delivery services, charging infrastructure, financing options, and data analytics. Its platform caters to various sectors, including e-commerce, e-grocery, fast-moving consumer goods, logistics, and direct-to-consumer businesses. By providing electric delivery vehicles and supporting charging station networks, MoEVing aims to facilitate an affordable and efficient transition to electric mobility, thereby accelerating the adoption of electric vehicles in the region.

Provet Pharma

Venture Round in 2022
Provet Pharma Private Limited specializes in animal healthcare solutions, focusing on enhancing the growth and wellbeing of various animal species. The company offers a diverse range of products and services, including feed additives and supplements designed to optimize growth, improve milk production, and enhance the health of weak animals. Provet Pharma also addresses skin health and enhances egg and feather quality in poultry. Additionally, the company is involved in producing antiparasitic agents derived from avermectins, which are effective against a wide range of parasites. By catering to the nutritional and healthcare needs of poultry, livestock, and aquaculture, Provet Pharma aims to boost productivity and performance in the animal husbandry sector.

Red.Health

Debt Financing in 2022
Red.Health is a healthcare services provider that specializes in emergency medical services, focusing on private ambulance services to enhance patient experiences throughout the emergency value chain. The company offers a diverse range of services including ambulance transportation, telemedicine, and emergency response solutions. Its ambulances are equipped with advanced diagnostic tools and come in various configurations, such as basic, advanced, and medical utility vehicles, tailored to meet specific medical needs. This ensures that patients receive prompt medical transport within minutes, accompanied by trained personnel.

Mivi

Debt Financing in 2022
Mivi is an electronic accessories startup founded by two engineers. For inquiries, telephone and contact numbers are used.

Kouzina FoodTech

Venture Round in 2022
Kouzina Food Tech is a technology-driven chain of virtual restaurants. Kouzina creates delicious food experiences for consumers through its delivery led food brands from a network of hyperlocal cloud kitchens. It is present in multiple cities including Bangalore, Hyderabad, Pune, Mangalore with company owned and franchise run kitchens. The key brands are WarmOven, Kaatizone and Indiana Burgers.

Clensta

Series A in 2021
Clensta is an Indian biotechnology start-up focused on enhancing national hygiene standards while promoting water conservation. In collaboration with IIT Delhi, Clensta develops innovative healthcare solutions aimed at making hygiene accessible to everyone, regardless of their location. The company offers a range of hygiene products, including sanitizers, waterless shampoo, and waterless body baths, designed to minimize the use of water and reduce the reliance on single-use plastics. By providing effective personal care solutions, Clensta enables individuals to maintain high levels of cleanliness and well-being in an environmentally sustainable manner.

EyeMyEye

Seed Round in 2021
EyeMyEye is a comprehensive eyewear platform that manufactures and retails a diverse selection of eyewear products, including personalized eyeglasses, sunglasses, and various related accessories. The company offers both in-house collections and products from international brands, ensuring a broad range of options for customers. Additionally, EyeMyEye specializes in stylish eyewear for children, providing a variety of kids' eyeglasses, sunglasses, contact lenses, computer glasses, and reading glasses. By focusing on both functionality and style, EyeMyEye aims to enhance the quality of life for its customers while addressing their vision needs.

Xoxoday (formerly Giifty.com)

Seed Round in 2021
Giift operates a loyalty marketplace that enhances the value of loyalty programs by facilitating interaction between customers and diverse loyalty initiatives worldwide. By leveraging advanced technology, Giift has established a unified platform that allows for the exchange of loyalty points, miles, and gift cards across various programs globally. Its innovative approach integrates mobile payment technology with a single loyalty point system, ensuring ease of use and broad accessibility. Giift's marketplace serves multiple sectors, including hospitality, food and beverage, airlines, insurance, retail, banking, and payments, thereby creating a comprehensive ecosystem that fosters customer engagement and strengthens brand loyalty. Through its robust loyalty program management services, Giift helps organizations attract customers and build lasting relationships.

Teamonk

Debt Financing in 2021
Teamonk is a specialty tea company based in India, dedicated to offering pure and premium teas sourced from renowned tea plantations across the country. The brand features a diverse selection of black, green, oolong, and white teas, including prized varieties from Darjeeling, Nilgiris, Assam, and Arunachal. Each tea is carefully curated by tea connoisseurs to ensure a unique and high-quality experience for customers. Teamonk emphasizes freshness and authenticity, delivering its products directly to consumers' doorsteps, thereby enhancing the enjoyment of specialty tea.

shyplite

Debt Financing in 2021
Shyplite is a logistics platform that provides businesses with a single dashboard to manage all their shipping needs. By integrating multiple carriers, the platform allows e-retailers to automate their logistics processes, thereby enhancing efficiency in shipments. Shyplite leverages AI technology to offer instant access to pre-negotiated rates and services, streamlining the shipping experience for businesses. This comprehensive solution enables companies to simplify their logistics management and improve overall operational performance.

Clensta

Debt Financing in 2021
Clensta is an Indian biotechnology start-up focused on enhancing national hygiene standards while promoting water conservation. In collaboration with IIT Delhi, Clensta develops innovative healthcare solutions aimed at making hygiene accessible to everyone, regardless of their location. The company offers a range of hygiene products, including sanitizers, waterless shampoo, and waterless body baths, designed to minimize the use of water and reduce the reliance on single-use plastics. By providing effective personal care solutions, Clensta enables individuals to maintain high levels of cleanliness and well-being in an environmentally sustainable manner.

Shoptimize India

Venture Round in 2020
Shoptimize India offers a comprehensive cloud and AI-based software suite tailored for e-commerce businesses. The platform facilitates the establishment of online stores by providing essential tools for integrating payment gateways and logistics, as well as marketing solutions and real-time analytics. It is designed to assist brands in enhancing their online revenues, generating traffic, and converting visitors into customers. By leveraging advanced technology, Shoptimize enables businesses to expand their reach, gain valuable customer insights, and build profitable digital operations.

Browndove Healthcare

Venture Round in 2020
Browndove Healthcare specializes in providing solutions for the renal care sector, focusing on the manufacturing of dialysis medical devices. The company offers a range of products, including blood tubing sets, dialyzers, AV fistula needles, transducer protectors, sodium chloride, and dialysate mixers. With the support of specialized machinery, sterilization processes, a testing laboratory, and storage facilities, Browndove Healthcare aims to enhance the operational efficiency and effectiveness of renal care units in hospitals, addressing the specific needs of the healthcare community in this vital area.
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