Moeving
Seed Round in 2023
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.
LetsVenture Online
Acquisition in 2023
LetsVenture Online Pte. Ltd. is a Singapore-based online platform that facilitates Indian startups in raising seed and angel funding. Established in 2014, the platform allows entrepreneurs to create investment-ready profiles and connects them with accredited investors. It serves as a private marketplace where startup founders can showcase their products, receive expert reviews of their business plans, and interact with mentors and peers. Additionally, LetsVenture provides assistance throughout the funding closure process with a commitment-to-closure package that helps manage the term sheet, shareholders agreement, and legal and financial due diligence. Primarily catering to the information technology sector, LetsVenture aims to streamline the fundraising journey for startups and enhance their access to capital.
Wiom is a company that provides internet services to middle and lower-middle-income households. It functions as a Public Data Office Aggregator (PDOA), authenticating users and connecting them to their preferred local access points for a specified fee. In addition to its internet services, Wiom has developed a network layer platform aimed at enhancing retail businesses and customer relationship management. This platform leverages advanced tools, technologies, cloud servers, and artificial intelligence to deliver real-time customer insights and analytics. By offering these services, Wiom enables clients to optimize decision-making processes in a scalable and cost-effective manner, contributing to a more efficient shared economy.
ZipLoan
Corporate Round in 2022
ZipLoan is a technology-enabled online lending platform that focuses on providing small business loans to small and medium enterprises. Established as a registered non-banking financial company (NBFC), ZipLoan aims to address the financing needs of small businesses, a sector often overlooked by traditional financial institutions due to its unique characteristics and the challenges associated with sourcing and underwriting small loans. The company utilizes an automated credit engine to quickly assess the creditworthiness of prospective borrowers, enabling them to apply for unsecured business loans within minutes. By streamlining the lending process, ZipLoan facilitates access to capital for small business owners, helping them scale their operations and achieve their financial goals.
EzCred
Acquisition in 2022
EzCred is a technology-driven consumer lending platform that aims to streamline the borrowing process for individuals seeking consumer loans. The company connects borrowers with suitable lenders, facilitating a seamless transaction experience. By offering instant access to consumer finance, EzCred enables businesses to provide credit to their customers at the point of sale. This innovative platform focuses on efficient loan origination and disbursement, ensuring robust credit underwriting to minimize risks. Through its services, EzCred helps reduce operational costs for businesses while enhancing the speed and efficiency of the lending process for consumers and lenders alike.