Udaan
Debt Financing in 2024
Udaan is a B2B e-commerce platform based in India that connects businesses with suppliers across various sectors, including FMCG, pharmaceuticals, and staples. It aims to address core trade challenges faced by small, medium, and large enterprises by providing a centralized platform for buying and selling goods. Udaan facilitates direct connections between clients, allowing them to negotiate better deals while ensuring secure payment processes and efficient logistics. The platform also supports small businesses by offering financial products tailored to their needs, thereby enhancing their operational capabilities and market reach.
Ather Energy
Debt Financing in 2024
Ather Energy specializes in manufacturing electric scooters and developing an extensive charging network called AtherGrid. The company focuses on creating a comprehensive ecosystem for India's electric vehicles, with all products designed and manufactured locally.
Lendingkart
Debt Financing in 2024
Lendingkart is an Indian fintech company that offers working‑capital loans to small and medium enterprises. Using data analytics and a digital platform, it evaluates creditworthiness quickly, allowing businesses to apply online and receive funding promptly. The service targets firms that struggle to obtain traditional bank credit because of limited collateral or credit history, providing an alternative source of short‑term finance to support growth and operations.
Ather Energy
Debt Financing in 2024
Ather Energy specializes in manufacturing electric scooters and developing an extensive charging network called AtherGrid. The company focuses on creating a comprehensive ecosystem for India's electric vehicles, with all products designed and manufactured locally.
The Good Glamm Group
Venture Round in 2024
The Good Glamm Group is a Pune-based company that specializes in the marketing and distribution of a diverse portfolio of beauty and personal care brands. It focuses on sustainable and cruelty-free beauty products, investing in and promoting companies that align with these values. The Good Glamm Group operates an online marketplace that provides a wide range of beauty and grooming products, including spa and salon essentials such as waxing, facials, manicures, and pedicures. The platform aims to make international standard products accessible to customers at competitive prices, consolidating various offerings into a single, user-friendly platform.
BluSmart Mobility
Series A in 2023
BluSmart Mobility provides an intelligent electric shared mobility platform for efficient and sustainable transportation. Its mission is to transform Indian cities by developing a comprehensive electric on-demand mobility solution.
slice
Debt Financing in 2023
Slice is a fintech startup aimed at enhancing the financial experience for young Indians. The company offers a transparent and efficient platform designed to simplify payments and access to credit. Its flagship product, the slice card, allows users to make seamless credit payments while ensuring a high-quality mobile experience and responsive customer service. Additionally, slice provides other financial products, such as slice borrow and slice account, which facilitate fast and straightforward transactions and help users build their credit scores. By focusing on the needs of young consumers, slice seeks to improve their financial literacy and empower them in managing their money more effectively.
Showroom B2B
Seed Round in 2023
Showroom B2B is developing a comprehensive platform aimed at transforming India's $108 billion fashion industry by directly connecting Tier 2+ clothing retailers with small to mid-scale apparel manufacturers. This innovative “Phygital” marketplace emphasizes a "Touch & Feel" selling approach, minimizing product returns through an effective distribution model. Showroom B2B creates Experience Centres for retailers, fostering confidence in their purchases by ensuring they can assess product quality firsthand. The platform enhances the business landscape by offering effective solutions in distribution, credit, logistics, and marketing, benefiting both clothing retailers through improved margins and manufacturers with opportunities for aggressive growth. By providing insightful data and tools, Showroom B2B empowers all participants in the fashion value chain to streamline operations and maximize sales.
Castler
Funding Round in 2023
Castler is a technology-driven company established in 2020 in Delhi, India, focused on transforming the escrow services landscape. By digitizing the escrow process, Castler aims to make these services more accessible and convenient for both enterprises and consumers. The company's platform offers a secure environment for transactions, featuring two-factor authentication, digital escrow capabilities, email notifications, and comprehensive transaction data. This innovative approach addresses the challenges of fraud and uncertainty in payment environments, enabling users to engage in secure transactions when buying or selling goods on various platforms and marketplaces.
Oben Electric
Seed Round in 2023
Oben Electric is an electric two-wheeler manufacturing company based in Bangalore, India, established in August 2020. The company is dedicated to designing, developing, and manufacturing performance electric motorcycles and critical EV components in-house, aligning with India's "Make in India" initiative. Founded by industry veterans with over 25 years of collective experience in electric vehicle research and development, Oben Electric focuses on creating reliable and innovative electric motorcycles that meet the demands of both domestic and international markets. The company has pioneered the use of advanced battery technology, such as lithium iron phosphate (LFP), which enhances safety and range. With a strong emphasis on research and development, Oben Electric holds over 25 patents for its proprietary technology. As an early player in India's rapidly evolving electric motorcycle sector, the company aims to lead in the electric vehicle market and provide cutting-edge mobility solutions tailored to the diverse needs of riders.
Oben Electric
Seed Round in 2023
Oben Electric is an electric two-wheeler manufacturing company based in Bangalore, India, established in August 2020. The company is dedicated to designing, developing, and manufacturing performance electric motorcycles and critical EV components in-house, aligning with India's "Make in India" initiative. Founded by industry veterans with over 25 years of collective experience in electric vehicle research and development, Oben Electric focuses on creating reliable and innovative electric motorcycles that meet the demands of both domestic and international markets. The company has pioneered the use of advanced battery technology, such as lithium iron phosphate (LFP), which enhances safety and range. With a strong emphasis on research and development, Oben Electric holds over 25 patents for its proprietary technology. As an early player in India's rapidly evolving electric motorcycle sector, the company aims to lead in the electric vehicle market and provide cutting-edge mobility solutions tailored to the diverse needs of riders.
HealthifyMe
Debt Financing in 2023
HealthifyMe is a mobile and web-based health and fitness platform that helps users achieve fitness and weight management goals by tracking calories, nutrition, and physical activity. The app allows users to monitor weight, set healthy targets, and share data with nutritionists and fitness professionals for expert guidance. It features an AI-powered fitness coach that uses automated analytics to analyze food intake and activity, delivering personalized recommendations and progress insights. Founded in 2012 by doctors, nutritionists, and fitness trainers, HealthifyMe is based in Bangalore, India. In addition to consumer tools, the platform supports corporate wellness by offering online fitness consultations and tailored health programs for organizations.
Chalo
Debt Financing in 2023
Chalo is a technology-driven platform that provides live bus tracking and contactless payment services to enhance public transportation for its users. The app allows riders to track buses in real time, informing them of arrival times at their respective stops, thereby eliminating the need to wait at bus stops. Chalo utilizes a proprietary algorithm to calculate live arrival times, improving the overall travel experience. Additionally, the platform offers an NFC-enabled touch-to-pay card, allowing users to store funds for seamless payments. This combination of features aims to make urban commuting more efficient and affordable.
Castler
Seed Round in 2023
Castler is a technology-driven company established in 2020 in Delhi, India, focused on transforming the escrow services landscape. By digitizing the escrow process, Castler aims to make these services more accessible and convenient for both enterprises and consumers. The company's platform offers a secure environment for transactions, featuring two-factor authentication, digital escrow capabilities, email notifications, and comprehensive transaction data. This innovative approach addresses the challenges of fraud and uncertainty in payment environments, enabling users to engage in secure transactions when buying or selling goods on various platforms and marketplaces.
Exotel
Debt Financing in 2023
Founded in 2011, Exotel is a leading AI-powered cloud customer engagement platform serving over 6000 companies across India, Southeast Asia, the Middle East, and Africa. It simplifies customer engagement through its omnichannel contact center suite and voice/messaging APIs, empowering businesses like Ola, Swiggy, Flipkart, and HDFC Bank to enhance performance.
BluSmart Mobility
Series A in 2023
BluSmart Mobility provides an intelligent electric shared mobility platform for efficient and sustainable transportation. Its mission is to transform Indian cities by developing a comprehensive electric on-demand mobility solution.
BluSmart Mobility
Debt Financing in 2023
BluSmart Mobility provides an intelligent electric shared mobility platform for efficient and sustainable transportation. Its mission is to transform Indian cities by developing a comprehensive electric on-demand mobility solution.
Ace Turtle Omni Pvt
Series B in 2023
Ace Turtle Omni Pvt Ltd is a technology and services company based in Bengaluru, India, specializing in e-commerce, multichannel, and marketing solutions for brands and retailers. Established in 2013, the company provides a comprehensive enterprise solution designed to facilitate engagement and transactions with omni-channel consumers. Its offerings include an advanced e-commerce platform, omni-channel order management systems, and a suite of services encompassing technology, mobile support, marketing, analytics, and fulfillment. Ace Turtle is recognized for its proprietary technology, which leverages data science to optimize various retail processes from design to fulfillment. The company is also the exclusive licensee of notable global brands, including Lee, Wrangler, Toys“R”Us, Babies“R”Us, and Dockers, catering to the Indian and South Asian markets. Additionally, Ace Turtle focuses on innovative marketing solutions, utilizing proximity, augmented, and performance marketing strategies to enhance brand visibility and consumer engagement.
Jupiter
Debt Financing in 2022
Jupiter is a digital retail bank based in Mumbai, India, that offers a unique co-created banking experience tailored specifically for Millennials. Established in 2019, it provides a comprehensive digital banking application that enables users to efficiently manage their finances. The application assists users in tracking expenses by offering insights into their spending habits and savings growth. Additionally, Jupiter facilitates automated savings, loans, and debit card services, along with 24/7 customer support to enhance user convenience. Through its focus on user-friendly financial management, Jupiter aims to revolutionize the banking experience for the younger generation.
Battery Smart
Debt Financing in 2022
Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, founded in 2019. The company focuses on providing advanced lithium-ion batteries specifically designed for electric two-wheelers and three-wheelers. Its innovative retrofittable 48V lithium-ion twin battery system is compatible with various electric rickshaw and two-wheeler models. Battery Smart's fully interoperable battery-swapping solution allows EV drivers to efficiently swap their batteries in just two minutes, alleviating concerns related to range anxiety, charging downtime, and the recurring costs of battery replacements. By offering a practical and quick solution for battery management, Battery Smart aims to enhance the convenience and accessibility of electric mobility in India.
Kristal.AI
Series B in 2022
Kristal.AI is a digital wealth management platform that caters to both accredited and retail investors by providing access to curated portfolios managed by top portfolio managers. Established in 2016 by Asheesh Chanda and Vineeth Narasimhan, the company is headquartered in Singapore and has additional offices in Hong Kong and India. Kristal.AI is licensed by the Monetary Authority of Singapore, the Securities and Futures Commission of Hong Kong, and the Securities and Exchange Board of India. The platform offers a diverse range of investment options, including bonds, equities, hedge funds, and alternative investments, supported by a tech-enabled team of Relationship Managers and Investment Advisors. Clients can benefit from a fully digital onboarding process, allowing for efficient portfolio management without extensive paperwork. The platform's user-friendly interface enables clients to customize their investment strategies and access their portfolios at any time. Kristal.AI's proprietary advisory algorithm has demonstrated resilience during market volatility, enhancing client confidence in AI-driven investments and solidifying the firm's position in the fintech space.
Perfios Software Solutions
Debt Financing in 2022
Perfios Software Solutions Private Limited is a fintech company based in Bengaluru, India, with an additional office in Mumbai. Established in 2008, the company specializes in developing personal finance software applications tailored for financial institutions. Its offerings include the Statement Analyser, which automates financial checks and data extraction; E-Verification for streamlining institutional processes; and financial data aggregation APIs for personal finance applications. Additionally, Perfios provides a Dashboard that consolidates transactions from multiple corporate bank accounts, an Advisor solution for independent financial advisors, and a Money Manager Solution that allows users to monitor their financial status in real-time. The company serves a diverse clientele, including banks, non-banking financial corporations, digital lending platforms, mutual fund companies, and insurance firms, both in India and internationally.
HomeLane
Debt Financing in 2022
HomeLane is a home interior company based in Bangalore, Karnataka, that specializes in providing personalized interior design solutions for the urban Indian middle class. Founded in 2014, it has successfully delivered over 21,000 projects across the country, demonstrating significant expertise in helping customers realize their dream homes. The company offers a comprehensive range of services on a single platform, including interior design, modular furniture, decor products, painting, loose furniture, appliances, and home automation. HomeLane enables customers to visualize various design options in three dimensions and provides instant quotes, making the process of home interior design accessible and efficient.
91Squarefeet
Series A in 2022
91Squarefeet is a retail design and development company based in Haryana, India, founded in 2018. The company focuses on addressing the scalability challenges faced by offline businesses. It offers a comprehensive platform that provides turnkey development services, fixtures and fit-outs, digital alternatives, as well as maintenance and audit solutions. By simplifying the retail store expansion process, 91Squarefeet enables brands to effectively grow their presence in the market.
Groyyo is a B2B manufacturing and automation startup focused on transforming the manufacturing sector. The company leverages artificial intelligence, advanced technology, and industry expertise to enhance transparency, compliance, and quality in manufacturing processes. By offering low minimum order sizes, rapid turnaround times, and competitive pricing, Groyyo aims to empower micro-manufacturers and facilitate their access to global sourcing. The company's innovative approach is designed to make factories larger, faster, smarter, and more cost-effective, ultimately helping businesses grow and expand their operations across South Asia and beyond.
Uni Cards
Debt Financing in 2022
Uni Cards is a fintech company based in Bangalore, India, offering a digital pay-later card that lets users split purchases into installments over multiple months with no interest if paid on time. The Uni app enables access to the card and associated installment options, with cashback awarded for full payment. Founded in October 2020 by Nitin Gupta, Uni Cards aims to change how consumers manage credit by providing flexible, transparent repayment options.
BluSmart Mobility
Series A in 2022
BluSmart Mobility provides an intelligent electric shared mobility platform for efficient and sustainable transportation. Its mission is to transform Indian cities by developing a comprehensive electric on-demand mobility solution.
FabAlley
Venture Round in 2022
FabAlley is an online-to-offline high-end fashion platform that provides and sells women’s western apparel and lounge wear. The company sells its products and accessories through its website, online marketplaces, offline retail stores, and large format chains including Lifestyle and Shoppers Stop, among others.
FabAlley was co-founded by Shivani Poddar and Tanvi Malik in 2012 and is headquartered in Noida, Uttar Pradesh, India.
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.
PhableCare
Series B in 2022
PhableCare creates an ecosystem of patients, doctors, hospitals, health devices, insurance, and patient care service providers. In India, 1 in 4 people suffer from chronic ailments. Meanwhile, 80% of patients cannot comply to the treatment plan provided by the doctor leading to even more complications. This poses a huge burden on the healthcare system. Phable solves this by making care autonomous and predictive. Our AI-enabled health assistant significantly improves health outcomes by enabling disease-specific guidance and continuous monitoring.
BluSmart Mobility
Debt Financing in 2022
BluSmart Mobility provides an intelligent electric shared mobility platform for efficient and sustainable transportation. Its mission is to transform Indian cities by developing a comprehensive electric on-demand mobility solution.
Locofast
Debt Financing in 2022
Locofast is a rapidly growing B2B textile marketplace that focuses on providing innovative fabric sourcing solutions for businesses globally. Headquartered in New Delhi, with additional offices in Bangladesh and across India, Locofast utilizes technology to enhance the efficiency and sustainability of textile procurement. The company's platform offers comprehensive services that assist fashion and lifestyle brands in launching new clothing lines and improving existing ones, covering aspects such as garment design, fabric procurement, and texture selection. By facilitating greater visibility and control in the supply chain, Locofast ensures that clients can avoid disruptions and achieve timely delivery of goods.
PhableCare
Debt Financing in 2022
PhableCare creates an ecosystem of patients, doctors, hospitals, health devices, insurance, and patient care service providers. In India, 1 in 4 people suffer from chronic ailments. Meanwhile, 80% of patients cannot comply to the treatment plan provided by the doctor leading to even more complications. This poses a huge burden on the healthcare system. Phable solves this by making care autonomous and predictive. Our AI-enabled health assistant significantly improves health outcomes by enabling disease-specific guidance and continuous monitoring.
Groyyo is a B2B manufacturing and automation startup focused on transforming the manufacturing sector. The company leverages artificial intelligence, advanced technology, and industry expertise to enhance transparency, compliance, and quality in manufacturing processes. By offering low minimum order sizes, rapid turnaround times, and competitive pricing, Groyyo aims to empower micro-manufacturers and facilitate their access to global sourcing. The company's innovative approach is designed to make factories larger, faster, smarter, and more cost-effective, ultimately helping businesses grow and expand their operations across South Asia and beyond.
TenderCuts
Debt Financing in 2021
TenderCuts is an online meat shop headquartered in Chennai, India, specializing in the delivery of antibiotic-free, hygienic, and farm-fresh meat and seafood. The company's platform provides a range of products, including chicken, free-range goat, lamb, and prawns, along with marinades and other related items. With a focus on quality and convenience, TenderCuts ensures that customers receive their orders promptly within 120 minutes, catering to the growing demand for fresh and responsibly sourced meat and fish delivered directly to their doorsteps.
Neemans
Debt Financing in 2021
Neeman's is a sustainable footwear brand in India that specializes in creating comfortable shoes for men and women using natural materials. The company focuses on utilizing organic and renewable Australian Merino wool, which enhances the footwear's functionality by evaporating sweat and moisture rather than absorbing it. This innovative approach results in lightweight, breathable shoes that provide a sock-free and temperature-regulating experience, making them suitable for all-day wear and various seasons. Neeman's aims to redefine the shoe industry by prioritizing comfort and sustainability in its product offerings.
GramCover
Series A in 2021
GramCover is an InsurTech marketplace focused on providing insurance solutions tailored specifically for rural India, particularly for farmers. The company develops and brokers rural insurance products, aiming to enhance accessibility and affordability through technology-driven innovations. GramCover's mobile insurance platform allows partners to digitally onboard customers and issue insurance policies instantly, utilizing various payment collection methods suited for rural communities. By leveraging data from initiatives like Jan Dhan and Aadhar, GramCover enhances its underwriting capabilities and offers comprehensive risk analysis tools for crop insurance. This approach enables insurers and corporates to create personalized insurance products, thereby increasing penetration and reducing costs in underserved rural markets.
HomeLane is a home interior company based in Bangalore, Karnataka, that specializes in providing personalized interior design solutions for the urban Indian middle class. Founded in 2014, it has successfully delivered over 21,000 projects across the country, demonstrating significant expertise in helping customers realize their dream homes. The company offers a comprehensive range of services on a single platform, including interior design, modular furniture, decor products, painting, loose furniture, appliances, and home automation. HomeLane enables customers to visualize various design options in three dimensions and provides instant quotes, making the process of home interior design accessible and efficient.
Zetwerk
Debt Financing in 2021
Zetwerk is an end-to-end manufacturing supply chain solutions provider. It operates an online marketplace connecting large manufacturers with vendors and suppliers for customized products used in industrial machines and equipment. The company offers items such as crane parts, doors, machine chassis, ladders, and services in fabrication, machining, casting, and forging. Zetwerk facilitates collaboration tools for buyers and suppliers, execution tools for order fulfillment, and plans to host a third-party apps marketplace. Headquartered in Bengaluru, Karnataka, India, the company was founded in 2018.
Progcap
Debt Financing in 2021
Progcap is a financial services company based in New Delhi, India, focused on providing financial opportunities to micro and small businesses. Founded in 2017, the company employs a unique delivery model and advanced technology to underwrite credit for underbanked semi-urban and rural retailers. By utilizing non-traditional ecosystem data, Progcap creates credit scores for businesses often overlooked by conventional financial institutions. This innovative approach enables the company to offer flexible, collateral-free working capital and finance solutions tailored to the needs of micro and small enterprises. Progcap's mission is to empower these businesses by delivering affordable and timely credit, thereby fostering growth and economic development in underserved markets.
Pocket Aces
Debt Financing in 2021
Pocket Aces Pvt. Ltd., established in Mumbai, India in 2013, is a digital entertainment company that produces and distributes engaging content across multiple platforms. It operates FilterCopy for short videos, Dice Media for long-form web series targeting young audiences, Gobble for food and lifestyle content, and LOCO as an interactive live gaming platform. The company uses technology such as AI and machine learning to create and circulate entertaining content via social media channels and online platforms.
Awign
Debt Financing in 2020
Awign is a work fulfillment platform based in Bangalore, India, that specializes in providing a gig workforce and last-mile delivery services across multiple sectors, including education technology, hospitality, e-commerce, mobility, information technology, and financial technology. Founded in 2016 by IIT alumni Annanya Sarthak, Gurpreet Singh, and Praveen Sah, the company offers on-the-ground services such as auditing, assessments, proctoring, and business development for clients, including notable companies like Swiggy and ITC. Awign aims to address issues of unemployment and underemployment by offering work opportunities to college students, graduates, and women re-entering the workforce, as well as providing upskilling through internships and training in areas like digital marketing and application development. This approach not only enhances professional skills for individuals but also allows businesses to outsource tasks efficiently and cost-effectively.
HomeLane
Debt Financing in 2020
HomeLane is a home interior company based in Bangalore, Karnataka, that specializes in providing personalized interior design solutions for the urban Indian middle class. Founded in 2014, it has successfully delivered over 21,000 projects across the country, demonstrating significant expertise in helping customers realize their dream homes. The company offers a comprehensive range of services on a single platform, including interior design, modular furniture, decor products, painting, loose furniture, appliances, and home automation. HomeLane enables customers to visualize various design options in three dimensions and provides instant quotes, making the process of home interior design accessible and efficient.
ZipLoan
Debt Financing in 2020
ZipLoan is an Indian fintech company established in 2015. It operates as a technology-enabled online lending platform, specializing in providing customized business loans, including working capital and instant online loans, to small and medium enterprises.
Bulk MRO Industrial Supply
Debt Financing in 2020
Bulk MRO Industrial Supply Pvt. Ltd. is a Mumbai-based distributor of maintenance, repair, and operations products. Established in 2016, the company offers a wide range of items including abrasives, adhesives, cleaning equipment, electrical and electronic products, fasteners, hand tools, and safety products. Serving various sectors such as automobile, chemical, FMCG, hospitality, manufacturing, mining, oil and gas, pharmaceuticals, and power, Bulk MRO acts as a global B2B platform for large corporations and government customers across North America, Europe, India, the Middle East, and Africa. The company positions itself as a one-stop shop for millions of products sourced from thousands of manufacturers.
CredR
Debt Financing in 2020
CredR is an Indian online platform specializing in the trade of verified and certified pre-owned two-wheeler vehicles. It employs dynamic pricing algorithms and offers after-sales services, aiming to streamline the buying and selling process for users.
OneStack is a financial technology company focused on transforming the cooperative banking sector in India into a neo-banking environment. By serving as a technical service provider, OneStack offers a comprehensive suite of solutions, including a core banking system, mobile banking applications, and UPI/QR services. The company's objective is to digitize cooperative banks, allowing them to effectively engage with customers, enhance their service offerings, and ultimately drive growth in current and savings accounts. Additionally, OneStack's platform integrates various financial products and employs artificial intelligence to deliver personalized recommendations for savings, credit, and investments. This approach aims to provide users with a unified dashboard for managing their financial assets, thereby promoting financial inclusion and accessibility across Bharat.