Roots Ventures

Roots Ventures is a venture capital firm based in Mumbai, India, founded in 2018. The firm focuses on investments in the consumer non-durables and wellness sectors, specifically targeting companies that align with the principles of a sustainable lifestyle. It aims to support businesses that prioritize health and well-being, seeking to drive growth in these sectors within the Indian market. Roots Ventures typically invests between INR 100 to 300 million in each company, reflecting its commitment to nurturing innovative enterprises that contribute positively to consumer health and sustainability.

Gaurav Navani

Senior Associate

Ravinder Vashist

Co-Founder and Partner

Japan Vyas

Co-Founder and Managing Partner

31 past transactions

Cancrie

Seed Round in 2025
Cancrie produces sustainable advanced material for energy storage devices. It transforms waste into high-quality battery materials, enhancing device efficiency through a simple drop-in solution.

Sports For Life

Seed Round in 2024
Sports For Life operates sports academies across the United States, aiming to elevate the standard of sports nationwide. The company invests in these academies, enhancing their operations through advanced technology, strategic business services, and targeted investments. This enables the academies to improve management, boost athlete performance, and achieve sustainable growth, fostering a thriving sports ecosystem.

DailyObjects

Series B in 2024
DailyObjects is an Indian e-commerce platform established in 2012, focused on providing a wide range of stylish and functional gadget accessories. The platform serves as a virtual marketplace, featuring over 150 renowned international brands that offer various products, including mobile cases, screen guards, tote bags, camera accessories, and cable organizers. DailyObjects emphasizes product design and originality, allowing customers to find accessories that not only enhance their devices but also improve their daily lives. With its diverse catalog, the company aims to simplify the shopping experience for consumers seeking high-quality technology-related accessories.

GO DESi

Series B in 2024
GO DESi manufactures packaged confectionery products inspired by regional Indian flavors. It collaborates directly with local farmers and self-help groups, empowering them to expand their businesses and capture a significant share of consumer value in rural India.

Accio Robotics

Seed Round in 2024
Accio Robotics is a robotics automation company focused on developing advanced hardware and software solutions to streamline material handling processes in warehouses and industrial settings. Their innovative technology enables robots to autonomously transport materials between locations, with adaptable modules for delivery and disinfection tasks, particularly suited for hospital environments. The company aims to make robotics more accessible and beneficial to businesses across various sectors by enhancing efficiency and minimizing human error.

Manastu Space

Seed Round in 2023
Manastu Space is a space logistics company specializing in in-space refueling, life extension, and deorbiting services. It develops green propulsion technology using hydrogen peroxide-based propellant to reduce debris pollution and enhance safety.

Raaho

Seed Round in 2023
Raaho is a trucking marketplace that connects shippers with carriers across India, focusing on enhancing operational and cost efficiencies within the logistics sector. The company offers a range of services, including real-time tracking of freight-loaded vehicles, instant digital payments, and vehicle verification, all facilitated through its proprietary applications. By providing transparent tracking and ensuring on-time delivery, Raaho aims to transform the traditionally opaque and fragmented transportation industry. The company leverages a nationwide network of truckers to facilitate freight movement, ultimately benefiting shippers by reducing costs and increasing driver income while also aiming to lower the carbon footprint associated with transportation.

The Kabadiwala

Seed Round in 2022
The Kabadiwala operates an online platform facilitating doorstep collection of recyclable waste materials. They offer on-demand, transparent services for various scrap materials, enabling individuals and businesses to manage their waste responsibly and contribute to the circular economy.

Jar

Series B in 2022
Jar is a Bangalore-based fintech startup that lets users save and automatically invest spare change from online transactions into digital gold. The service offers daily, weekly, monthly, and instant savings, enabling users to build a digital gold balance that can be redeemed at any time or withdrawn easily. Founded in 2021 by Nishchay AG and Misbah Ashraf, Jar is based in Karnataka, India, and focuses on simplifying automatic small-savings and micro-investments through a digital gold instrument.

Smytten

Series B in 2022
Founded in 2015 by Swagata Sarangi and Siddhartha Nangia, Smytten is an online platform that facilitates discovery of premium products and services. It offers assisted shopping, customised offers, and wishlist creation for regular purchases.

Jimmy's Cocktails

Convertible Note in 2022
Jimmy's Cocktails produces premium, low-calorie cocktail mixers infused with natural flavors. Their product range includes margaritas, whiskey sour, cosmopolitans, and mango chili mojitos, allowing consumers to enjoy crafted cocktails at home affordably.

Sublime Life

Seed Round in 2022
Sublime Life is a curator of clean beauty products, offering sustainable, ethical, and cruelty-free options. Its e-commerce platform focuses on planet-friendly beauty items, allowing conscious consumers to prioritize health, performance, and environmental impact.

1908 e-ventures

Venture Round in 2022
1908 E-Ventures runs an online platform and community called Sublime Life that connects and accesses ethical, sustainable, and clean brands

DailyObjects

Venture Round in 2022
DailyObjects is an Indian e-commerce platform established in 2012, focused on providing a wide range of stylish and functional gadget accessories. The platform serves as a virtual marketplace, featuring over 150 renowned international brands that offer various products, including mobile cases, screen guards, tote bags, camera accessories, and cable organizers. DailyObjects emphasizes product design and originality, allowing customers to find accessories that not only enhance their devices but also improve their daily lives. With its diverse catalog, the company aims to simplify the shopping experience for consumers seeking high-quality technology-related accessories.

StockGro

Series A in 2022
StockGro is a social investment platform that offers a gamified virtual interface designed to facilitate learning about stock market investing. The platform allows users to buy and sell virtual securities using virtual money, thereby enabling them to explore various trading strategies without any financial risk. Users can engage with one another, compete, and earn rewards, enhancing the learning experience. Additionally, StockGro provides tools for accessing, evaluating, copying, and implementing different trade techniques, making it a valuable resource for individuals looking to improve their investment skills in a risk-free environment.

Hood

Seed Round in 2021
The world often sugarcoats everything and we don’t believe in it. Hood, a new age pseudonymous social network, empowers common people to stand up and share their true story without having to worry about being judged. Hood wants you to be bold and unforgiving when it comes to unveiling the truth. On Hood, anyone can share their thoughts using a pseudonymous username. The app aims to provide an anonymous social media platform for everyone to speak the truth fearlessly, to stand up to power and to discover reality. It empowers individuals to share their true experiences with the community. Wear a mask and express yourself fearlessly! Be a part of an unfiltered honest world.

Raaho

Seed Round in 2021
Raaho is a trucking marketplace that connects shippers with carriers across India, focusing on enhancing operational and cost efficiencies within the logistics sector. The company offers a range of services, including real-time tracking of freight-loaded vehicles, instant digital payments, and vehicle verification, all facilitated through its proprietary applications. By providing transparent tracking and ensuring on-time delivery, Raaho aims to transform the traditionally opaque and fragmented transportation industry. The company leverages a nationwide network of truckers to facilitate freight movement, ultimately benefiting shippers by reducing costs and increasing driver income while also aiming to lower the carbon footprint associated with transportation.

Smytten

Series A in 2021
Founded in 2015 by Swagata Sarangi and Siddhartha Nangia, Smytten is an online platform that facilitates discovery of premium products and services. It offers assisted shopping, customised offers, and wishlist creation for regular purchases.

StockGro

Seed Round in 2021
StockGro is a social investment platform that offers a gamified virtual interface designed to facilitate learning about stock market investing. The platform allows users to buy and sell virtual securities using virtual money, thereby enabling them to explore various trading strategies without any financial risk. Users can engage with one another, compete, and earn rewards, enhancing the learning experience. Additionally, StockGro provides tools for accessing, evaluating, copying, and implementing different trade techniques, making it a valuable resource for individuals looking to improve their investment skills in a risk-free environment.

Railofy

Seed Round in 2020
Railofy is an Indian travel platform that focuses on rail travel, offering train ticket booking, PNR status updates, and IRCTC enquiry services. It provides a travel guarantee for waitlisted and RAC passengers at a nominal fee, pairing rail tickets with flight options at prices aligned with Tatkal fares. The service also includes food delivery and helps travelers access the airport nearest their destination station, providing an affordable, integrated backup option for rail itineraries.

ProEves

Seed Round in 2020
ProEves is a pro-woman initiative focused on empowering women by providing essential support for their personal and professional lives. The company operates a childcare discovery and booking platform that offers verified information on daycare centers and preschools throughout India. By aggregating data on childcare options, ProEves enhances discovery efficiency and offers decision counseling, allowing parents to make informed choices for their children's early education. Additionally, ProEves maintains a blog that covers topics related to childcare, parenting, toddler activities, recipes, and inspirational stories from mothers, further supporting women in their journey of parenthood.

Just Herbs

Seed Round in 2019
Just Herbs is a manufacturer of herbal and Ayurvedic skincare and hair care products that emphasize plant-based ingredients, essential oils, and herbs. The company offers cosmetics and skincare lines designed as chemical-free alternatives, avoiding harsh chemicals and foaming agents to provide herbal options for various cosmetic needs. The products aim to combine traditional Ayurvedic principles with natural ingredients to deliver safe, effective skincare and hair care solutions.

Smytten

Series A in 2019
Founded in 2015 by Swagata Sarangi and Siddhartha Nangia, Smytten is an online platform that facilitates discovery of premium products and services. It offers assisted shopping, customised offers, and wishlist creation for regular purchases.

Hoi Foods

Seed Round in 2019
Hoi Foods is a food and beverage services platform founded by Indrajeet Roy in 2017. The company focuses on delivering high-quality, multi-cuisine combination meals tailored for Millennials, offering them at affordable prices. By providing a diverse range of meal options, Hoi Foods aims to meet the evolving tastes and preferences of its target demographic, ensuring convenience and satisfaction in their dining experience.

Plant Power

Seed Round in 2019
Plant Power is a health-focused brand established by a Whole-Food nutritionist who identified a market need for transparent and wholesome food options. The company specializes in producing protein snacks designed to deliver nutrition without sacrificing taste. Their products are natural, vegan, gluten-free, and minimally processed, containing no added preservatives or additives. This approach allows consumers to enjoy clean, healthy snacks that meet their daily nutritional needs.

Teamonk

Seed Round in 2019
Teamonk is a specialty tea brand in India that sources premium teas from authentic plantations across the country, including Darjeeling, Nilgiris, Assam, and Arunachal. It offers black, green, oolong, and white teas curated by tea connoisseurs, delivering fresh, handpicked teas to customers' doorsteps.

Supa Star Food

Venture Round in 2019
SUPA STAR FOODS is a packaged food business that is selling its products under 2 brands SUPACORN and MISHT. SUPACORN is about healthy and tasty snacking using corn as its base. This flagship brand currently represents Sweet Corn Kernel and Cob products that are packed using unique "OXYFRESH" packaging technology that gives the products 9 months shelf life at ambient without any preservatives. All these products are ready to eat and are available in natural and pre-flavored options. SUPACORN is being sold through offline and online stores throughout India. Some of the channel partners include Spencers, Metro, Spar, More, Big Bazaar, Le Marche, Needs and many other GT outlets. There are also institutional customers like Beer Cafe etc. MISHT is a packaged Mithai with each piece packaged using special technology to give them 45 days shelf life. This brand is creating disruption in the traditional sweets market by providing convenience in storing, eating and buying. The products are sold in beautiful giftable boxes of 2 or 8 pieces. MISHT is currently sold through various supermarkets in NCR and also through speciality stores like Barista, Ferns and Petals, etc.

Misht

Venture Round in 2019
Their products are the conception of our unwavering passion for preserving traditional Indian snack food and making them available in attractive, hygienic packaging with high shelf life. Misht is a tradition which will never let your memories go and keeping the food heritage alive for future generations.

Truly Financial

Venture Round in 2019
Truly Financial operates a fintech platform designed specifically for small businesses. It offers an integrated business banking solution that combines checking accounts with credit card acceptance, multi-currency accounts, and Visa cards for expenses. This enables small business owners to efficiently manage payments to local and international suppliers, streamlining their expenses globally.

Coccoon

Venture Round in 2019
At Coccoon, they surround you with products that are paraben-free, devoid of any harmful chemicals and developed from a composition of ingredients that include natural actives obtained from natural sources across the globe.

Captain Zack

Seed Round in 2019
Captain Zack is a pet grooming brand dedicated to providing canines with a comforting and reaction-free experience. The company specializes in manufacturing toxin-free products infused with natural actives, essences, and oils, ensuring that pets remain happy, shiny, and well-groomed without exposure to harmful chemicals or substances. Captain Zack's product range includes dry shampoo, dog cologne, and conditioner, all of which are paraben-free, vegan, anti-irritant, anti-bacterial, anti-fungal, and antiseptic. This commitment to natural ingredients and pet health enables pet owners to maintain their dogs' well-being effectively.
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