SarvaGram
Series D in 2024
SarvaGram Fincare Private Limited is a fintech startup based in Mumbai, India, that provides financial services to individuals and small enterprises in rural and semi-urban areas. Founded in 2018, the company offers a range of loan products, including gold loans, consumer durable loans, farm loans, and business loans. By leveraging a data science-enabled platform, SarvaGram assesses the financial potential of rural households, treating them as cohesive economic units. The company's approach incorporates a comprehensive understanding of household cash flows, balance sheets, and various income streams. In addition to credit services, SarvaGram facilitates access to productivity-enhancing tools and risk management solutions, thereby supporting livelihood upgrades for underserved communities and enabling small to medium businesses to secure necessary financing.
Lenskart
Secondary Market in 2024
Lenskart is an innovative online optical store in India that offers a wide range of eyewear, including prescription glasses, branded contact lenses, sunglasses, and accessories. Customers can choose from over 500 designs of eyeglass frames, with prices ranging from Rs. 399 to Rs. 4,000. The platform provides a user-friendly experience, allowing customers to select a frame, input their prescription details, and place an order easily. Lenskart ensures a hassle-free shopping experience with a 48-hour free home delivery guarantee and a 365-day return policy. Additionally, it boasts a comprehensive collection of discounted contact lenses from top brands, catering to various needs, including disposable, toric, colored, and bifocal options. By focusing on convenience and affordability, Lenskart aims to transform the eyewear shopping experience for its customers.
Blaize, Inc., founded in 2010 and headquartered in El Dorado Hills, California, specializes in edge AI processing solutions through its proprietary hardware architecture and low-code/no-code software platform. The company targets various industries, including automotive, retail, security, industrial automation, and healthcare, providing efficient solutions that address the challenges of edge AI processing, such as low latency and high thermal and power efficiency. Blaize's innovative approach overcomes limitations of traditional AI solutions, which are often optimized for data centers rather than edge environments. With a workforce of over 200 employees, the company has established teams in California, North Carolina, and international subsidiaries in India and the UK. Blaize has successfully raised over $200 million from a mix of strategic and financial investors, reinforcing its position as a leader in the AI-enabled edge computing market.
ShareChat
Debt Financing in 2024
ShareChat is an Indian social media startup founded in 2015 and headquartered in Bangalore, Karnataka. It provides a content consumption and sharing platform specifically designed for the diverse vernacular audience in India, supporting 15 Indian languages. The platform caters to over 1.17 billion wireless network users in the country, allowing them to share videos, jokes, songs, and other social content. ShareChat includes features for private messaging and tagging, making it easy for users to connect and communicate in their preferred language.
Twin Health
Series D in 2023
Twin Health, Inc. is a precision health company focused on reversing diabetes and chronic diseases through its innovative health platform. Founded in 2018 and based in Mountain View, California, with additional offices in India, Twin Health utilizes artificial intelligence and Internet-of-Things technologies to accurately measure and address metabolic health issues, which are often the underlying causes of chronic conditions. The platform incorporates sensors and advanced machine learning to analyze biosignals from wearables, predict metabolic outcomes, and provide personalized treatment recommendations tailored to each patient's metabolic profile. The company has secured significant funding from prominent venture capital firms and holds multiple patents related to its technology, positioning it as a leader in the field of metabolic health.
Skyroot Aerospace
Series C in 2023
Skyroot Aerospace is an aerospace manufacturer and launch service provider based in Hyderabad, India, established in 2022. The company focuses on developing launch vehicles aimed at providing cost-effective access to space, primarily for small satellites. By building technologies that enhance the reliability, responsiveness, and economics of space launches, Skyroot Aerospace seeks to make spaceflight as regular and affordable as air travel. Their mission is to enable businesses and organizations to access space more frequently and economically, thereby expanding opportunities in the burgeoning space industry.
Niva Bupa
Private Equity Round in 2023
Niva Bupa the best health insurance company in India. Trusted by millions, which deliver exceptional coverage, tailored to your needs. With a comprehensive network of hospitals, transparent policies Niva Bupa safeguard your well-being. Committed to quality healthcare, we stand as your reliable partner, ensuring a healthy and secure future.
Ola Electric
Series E in 2023
Ola Electric Mobility is an Indian company that specializes in electric vehicles (EVs) and their components. Founded on May 26, 2017, by Ankit Jain and Anand Shah, the company is headquartered in Bengaluru. Ola Electric is dedicated to enhancing electric mobility by developing vertically integrated technology and manufacturing capabilities for EVs, including battery packs, motors, and vehicle frames. It operates the Ola Futurefactory, where it produces these core EV components. The company also focuses on leasing electric cars and providing shared daily mobility solutions. Additionally, Ola Electric is building charging and battery swapping networks to ensure convenient and reliable access to electric mobility. As part of its growth strategy, the company aims to capitalize on the electrification of transportation in India and explore export opportunities in select international markets.
Ola Electric
Private Equity Round in 2023
Ola Electric Mobility is an Indian company that specializes in electric vehicles (EVs) and their components. Founded on May 26, 2017, by Ankit Jain and Anand Shah, the company is headquartered in Bengaluru. Ola Electric is dedicated to enhancing electric mobility by developing vertically integrated technology and manufacturing capabilities for EVs, including battery packs, motors, and vehicle frames. It operates the Ola Futurefactory, where it produces these core EV components. The company also focuses on leasing electric cars and providing shared daily mobility solutions. Additionally, Ola Electric is building charging and battery swapping networks to ensure convenient and reliable access to electric mobility. As part of its growth strategy, the company aims to capitalize on the electrification of transportation in India and explore export opportunities in select international markets.
Cloudnine Hospitals
Private Equity Round in 2023
Cloudnine Hospitals, founded in 2007 by Dr. R. Kishore Kumar and his co-founders, is a leading healthcare provider in India specializing in maternal, gynecological, neonatal, and pediatric care. With a mission to elevate healthcare standards, Cloudnine aims to transform societal attitudes towards pregnancy, promoting the idea that it is a celebration of life rather than an illness. The organization offers a wide range of services, including support for infertility, conception, and delivery, while ensuring comprehensive medical care throughout pregnancy and beyond. Cloudnine operates over 20 facilities across major cities such as Bengaluru, Chennai, Gurgaon, Mumbai, Pune, and Chandigarh, with plans for further expansion to enhance access to quality healthcare for women and children throughout India. The hospital group is committed to maintaining international standards of care, reflecting its vision of providing world-class healthcare services.
DeHaat is a technology-driven platform dedicated to providing comprehensive agricultural services to small farmers in India, aiming to enhance the efficiency of the agricultural value chain. The company connects farmers with essential resources, including seeds, fertilizers, and equipment, through a network of trained micro-entrepreneurs. Registered farmers benefit from direct access to competitive agricultural inputs and receive personalized crop advisory services and monitoring support in their local language. Additionally, DeHaat facilitates the sale of farm produce to institutional buyers, ensuring farmers can reach markets effectively. Farmers can communicate their needs for agricultural inputs or services through a toll-free number or mobile application, receiving last-mile assistance from assigned micro-entrepreneurs. By leveraging artificial intelligence-enabled technologies, DeHaat seeks to optimize supply chain and production efficiency, ultimately supporting farmers in increasing their revenue throughout the year.
Molbio Diagnostics
Venture Round in 2022
Molbio Diagnostics Private Limited, founded in 2000 and headquartered in Verna, India, is a manufacturer of molecular diagnostic products focused on the low-cost diagnosis of infectious diseases. The company specializes in developing innovative solutions for the rapid identification of conditions such as tuberculosis, H1N1 swine flu, dengue, and HIV. Its key products include Truelab, a real-time quantitative micro PCR system, Truenat, a chip-based PCR test for mycobacterium tuberculosis, and Trueprep, a pre-treatment pack for non-MTB samples. With a commitment to providing affordable healthcare solutions, Molbio Diagnostics operates in multiple regions across India, including Goa, West Bengal, Delhi, Maharashtra, Tamil Nadu, and Karnataka, delivering essential diagnostic tools that enhance patient care and outcomes.
DotPe is a technology startup based in Gurgaon, Haryana, India, founded in 2019 by Anurag Gupta, Gyanesh Sharma, and Shailaz Nag. The company operates a commerce and payments platform designed to enhance customer engagement and streamline the payment experience for offline enterprises. By providing tools for catalog discovery, customer management, order management, website management, and logistics, DotPe empowers businesses to transition to digital sales effectively. Its solutions aim to help offline businesses increase their sales, improve operational efficiency, and foster direct interactions with customers, thereby facilitating their digital transformation in an increasingly competitive marketplace.
Shiprocket
Series E in 2022
Shiprocket is an eCommerce shipping platform based in New Delhi, India, that was founded in 2017. The company specializes in providing cost-effective shipping solutions for direct-to-consumer retailers. Shiprocket's platform utilizes a machine-learning-based data engine to recommend appropriate courier services, select courier companies, print shipping labels, and track orders from a unified interface. This functionality allows businesses to efficiently manage their shipping and returns processes. Additionally, Shiprocket Packaging offers high-quality packaging materials with a focus on on-time delivery across India, catering to brands and businesses of all sizes.
Lenskart is an innovative online optical store in India that offers a wide range of eyewear, including prescription glasses, branded contact lenses, sunglasses, and accessories. Customers can choose from over 500 designs of eyeglass frames, with prices ranging from Rs. 399 to Rs. 4,000. The platform provides a user-friendly experience, allowing customers to select a frame, input their prescription details, and place an order easily. Lenskart ensures a hassle-free shopping experience with a 48-hour free home delivery guarantee and a 365-day return policy. Additionally, it boasts a comprehensive collection of discounted contact lenses from top brands, catering to various needs, including disposable, toric, colored, and bifocal options. By focusing on convenience and affordability, Lenskart aims to transform the eyewear shopping experience for its customers.
ShareChat
Venture Round in 2022
ShareChat is an Indian social media startup founded in 2015 and headquartered in Bangalore, Karnataka. It provides a content consumption and sharing platform specifically designed for the diverse vernacular audience in India, supporting 15 Indian languages. The platform caters to over 1.17 billion wireless network users in the country, allowing them to share videos, jokes, songs, and other social content. ShareChat includes features for private messaging and tagging, making it easy for users to connect and communicate in their preferred language.
SarvaGram
Series C in 2022
SarvaGram Fincare Private Limited is a fintech startup based in Mumbai, India, that provides financial services to individuals and small enterprises in rural and semi-urban areas. Founded in 2018, the company offers a range of loan products, including gold loans, consumer durable loans, farm loans, and business loans. By leveraging a data science-enabled platform, SarvaGram assesses the financial potential of rural households, treating them as cohesive economic units. The company's approach incorporates a comprehensive understanding of household cash flows, balance sheets, and various income streams. In addition to credit services, SarvaGram facilitates access to productivity-enhancing tools and risk management solutions, thereby supporting livelihood upgrades for underserved communities and enabling small to medium businesses to secure necessary financing.
ShareChat
Series G in 2021
ShareChat is an Indian social media startup founded in 2015 and headquartered in Bangalore, Karnataka. It provides a content consumption and sharing platform specifically designed for the diverse vernacular audience in India, supporting 15 Indian languages. The platform caters to over 1.17 billion wireless network users in the country, allowing them to share videos, jokes, songs, and other social content. ShareChat includes features for private messaging and tagging, making it easy for users to connect and communicate in their preferred language.
Shiprocket
Series E in 2021
Shiprocket is an eCommerce shipping platform based in New Delhi, India, that was founded in 2017. The company specializes in providing cost-effective shipping solutions for direct-to-consumer retailers. Shiprocket's platform utilizes a machine-learning-based data engine to recommend appropriate courier services, select courier companies, print shipping labels, and track orders from a unified interface. This functionality allows businesses to efficiently manage their shipping and returns processes. Additionally, Shiprocket Packaging offers high-quality packaging materials with a focus on on-time delivery across India, catering to brands and businesses of all sizes.
Ola Electric
Series C in 2021
Ola Electric Mobility is an Indian company that specializes in electric vehicles (EVs) and their components. Founded on May 26, 2017, by Ankit Jain and Anand Shah, the company is headquartered in Bengaluru. Ola Electric is dedicated to enhancing electric mobility by developing vertically integrated technology and manufacturing capabilities for EVs, including battery packs, motors, and vehicle frames. It operates the Ola Futurefactory, where it produces these core EV components. The company also focuses on leasing electric cars and providing shared daily mobility solutions. Additionally, Ola Electric is building charging and battery swapping networks to ensure convenient and reliable access to electric mobility. As part of its growth strategy, the company aims to capitalize on the electrification of transportation in India and explore export opportunities in select international markets.
CureFit is a Bangalore-based health and fitness company established in 2016 by Mukesh Bansal and Ankit Nagori. It offers integrated digital and offline experiences across fitness, nutrition, and mental well-being, aiming to make these aspects of life fun and accessible. The company provides trainer-led group workout classes, healthy meal delivery services, yoga and meditation sessions for mental fitness, and hassle-free medical and lifestyle care through its mobile application.
DeHaat is a technology-driven platform dedicated to providing comprehensive agricultural services to small farmers in India, aiming to enhance the efficiency of the agricultural value chain. The company connects farmers with essential resources, including seeds, fertilizers, and equipment, through a network of trained micro-entrepreneurs. Registered farmers benefit from direct access to competitive agricultural inputs and receive personalized crop advisory services and monitoring support in their local language. Additionally, DeHaat facilitates the sale of farm produce to institutional buyers, ensuring farmers can reach markets effectively. Farmers can communicate their needs for agricultural inputs or services through a toll-free number or mobile application, receiving last-mile assistance from assigned micro-entrepreneurs. By leveraging artificial intelligence-enabled technologies, DeHaat seeks to optimize supply chain and production efficiency, ultimately supporting farmers in increasing their revenue throughout the year.
Integrace Health
Acquisition in 2021
Integrace is a healthcare company based in Mumbai, India, specializing in the development and manufacture of orthopedic and pain relief medications. It focuses on providing innovative solutions for the management of musculoskeletal disorders and pain, with a product portfolio that addresses conditions such as osteoporosis, osteoarthritis, and related pain management issues. Integrace has gained recognition in the pharmaceutical industry, achieving a notable rank among the top 100 pharma companies according to IQVIA, and has three brands that are ranked first in their respective therapy areas. Through its targeted approach, Integrace aims to improve the quality of care for patients dealing with bone and joint disorders.
Blaize, Inc., founded in 2010 and headquartered in El Dorado Hills, California, specializes in edge AI processing solutions through its proprietary hardware architecture and low-code/no-code software platform. The company targets various industries, including automotive, retail, security, industrial automation, and healthcare, providing efficient solutions that address the challenges of edge AI processing, such as low latency and high thermal and power efficiency. Blaize's innovative approach overcomes limitations of traditional AI solutions, which are often optimized for data centers rather than edge environments. With a workforce of over 200 employees, the company has established teams in California, North Carolina, and international subsidiaries in India and the UK. Blaize has successfully raised over $200 million from a mix of strategic and financial investors, reinforcing its position as a leader in the AI-enabled edge computing market.
ShareChat
Series F in 2021
ShareChat is an Indian social media startup founded in 2015 and headquartered in Bangalore, Karnataka. It provides a content consumption and sharing platform specifically designed for the diverse vernacular audience in India, supporting 15 Indian languages. The platform caters to over 1.17 billion wireless network users in the country, allowing them to share videos, jokes, songs, and other social content. ShareChat includes features for private messaging and tagging, making it easy for users to connect and communicate in their preferred language.
Lenskart is an innovative online optical store in India that offers a wide range of eyewear, including prescription glasses, branded contact lenses, sunglasses, and accessories. Customers can choose from over 500 designs of eyeglass frames, with prices ranging from Rs. 399 to Rs. 4,000. The platform provides a user-friendly experience, allowing customers to select a frame, input their prescription details, and place an order easily. Lenskart ensures a hassle-free shopping experience with a 48-hour free home delivery guarantee and a 365-day return policy. Additionally, it boasts a comprehensive collection of discounted contact lenses from top brands, catering to various needs, including disposable, toric, colored, and bifocal options. By focusing on convenience and affordability, Lenskart aims to transform the eyewear shopping experience for its customers.
Ola
Private Equity Round in 2021
Ola operates a mobile technology platform that integrates city transportation for customers and driver partners in India. Its mobile application allows its customers to book a range of cabs, auto-rickshaws, bikes, and shuttle buses. Ola's mobile application allows customers to book city taxi, outstation travel, car rental, and corporate travel services. Its mobile application is available on Windows, Android, and iOS platforms. Ankit Bhati and Bhavish Aggarwal founded Ola on December 1, 2010. It has its headquarters with additional offices in Bengaluru in India.
Licious is an innovative company in the Indian food industry focused on addressing the ongoing challenge of providing safe and high-quality fresh meat. It operates an online meat delivery platform that offers a variety of meat products, including fresh chicken, lamb, and seafood. Licious ensures that its products are carefully procured, processed, and stored, allowing consumers to conveniently receive fresh meat delivered directly to their homes. By enhancing the procurement and consumption of meat in India, Licious aims to transform the way meat is sourced and enjoyed by consumers across the country.
Pine Labs
Venture Round in 2021
Pine Labs is a technology and financial solutions provider focused on enhancing merchant operations and increasing revenue. The company offers a comprehensive platform that facilitates both online and offline transactions, enabling retailers to connect with financial institutions and consumer brands efficiently. Its services include processing easy monthly installment transactions, delivering customer insights for targeted sales, and simplifying payment acceptance. Pine Labs supports over 350,000 POS terminals across 3,700 cities in India and Malaysia, catering to more than 100,000 merchants in diverse sectors such as electronics, food and beverage, fashion, and airlines. The company collaborates with 15 major banks and 7 financial institutions, ensuring a robust ecosystem for retailers to engage and retain customers while minimizing operational complexities and risks.
Lenskart
Secondary Market in 2021
Lenskart is an innovative online optical store in India that offers a wide range of eyewear, including prescription glasses, branded contact lenses, sunglasses, and accessories. Customers can choose from over 500 designs of eyeglass frames, with prices ranging from Rs. 399 to Rs. 4,000. The platform provides a user-friendly experience, allowing customers to select a frame, input their prescription details, and place an order easily. Lenskart ensures a hassle-free shopping experience with a 48-hour free home delivery guarantee and a 365-day return policy. Additionally, it boasts a comprehensive collection of discounted contact lenses from top brands, catering to various needs, including disposable, toric, colored, and bifocal options. By focusing on convenience and affordability, Lenskart aims to transform the eyewear shopping experience for its customers.
Shiprocket
Series E in 2021
Shiprocket is an eCommerce shipping platform based in New Delhi, India, that was founded in 2017. The company specializes in providing cost-effective shipping solutions for direct-to-consumer retailers. Shiprocket's platform utilizes a machine-learning-based data engine to recommend appropriate courier services, select courier companies, print shipping labels, and track orders from a unified interface. This functionality allows businesses to efficiently manage their shipping and returns processes. Additionally, Shiprocket Packaging offers high-quality packaging materials with a focus on on-time delivery across India, catering to brands and businesses of all sizes.
Info Edge is an internet company based in Uttar Pradesh, India, that specializes in online services across various sectors, primarily focusing on recruitment, matrimony, real estate, and education. Established in 2016, the company operates several prominent online job portals, including Naukri.com, Quadrangle.com, Naukrigulf.com, and FirstNaukri.com, catering to the recruitment needs of job seekers and employers. Additionally, Info Edge manages 99acres.com, a platform for real estate that generates revenue through property listings and branding services for builders and brokers. The company also offers career counseling, professional networking, and educational classified services, aiming to enhance the job market and related sectors in the region.
Rivulis Irrigation
Acquisition in 2020
Rivulis Irrigation Ltd. is a manufacturer and distributor of micro-irrigation products, headquartered in Gvat, Israel. Established in 1966, the company offers a comprehensive range of irrigation solutions, including drip lines, drip tapes, filters, hoses, tubing, sprinklers, and valves. Its products are designed to optimize water usage and enhance agricultural yields by delivering precise amounts of water and nutrients directly to the plant root zone. Rivulis Irrigation serves various industries, including agriculture, horticulture, landscape, and mining, through a global network of dealer partners. Additionally, the company provides Manna Irrigation Intelligence, a software-based solution that offers site-specific irrigation recommendations. Rivulis has manufacturing and distribution operations in multiple countries, including the United States, India, and several nations across Europe and Latin America, ensuring a broad reach in the micro-irrigation market.
Zomato is a global online platform that connects over 55 million users with restaurants across 24 countries. It offers a comprehensive restaurant guide, enabling users to discover, rate, and review eateries, as well as order meals for delivery or table reservations. The company also provides advertising and ingredient supply services to its restaurant partners.
CarTrade is a prominent online automotive marketplace in India, facilitating the buying and selling of new and used vehicles. The company operates a multi-channel platform featuring several brands, including CarWale, BikeWale, and Shriram Automall. CarTrade connects various stakeholders in the automotive sector, such as vehicle buyers, sellers, dealers, and original equipment manufacturers (OEMs). Through a network that spans over 80 cities and involves more than 1,200 dealers, CarTrade conducts car auctions, empowering customers to find suitable vehicles at competitive prices. The platform also offers a range of services that support automotive transactions, including marketing, financing, and other related activities, enhancing the overall experience for its users.
CureFit is a Bangalore-based health and fitness company established in 2016 by Mukesh Bansal and Ankit Nagori. It offers integrated digital and offline experiences across fitness, nutrition, and mental well-being, aiming to make these aspects of life fun and accessible. The company provides trainer-led group workout classes, healthy meal delivery services, yoga and meditation sessions for mental fitness, and hassle-free medical and lifestyle care through its mobile application.
O2 Power
Private Equity Round in 2020
O2 Power Private Limited is a renewable energy platform focused on developing and executing utility-scale renewable energy projects in India. The company serves distribution utilities and commercial and industrial (C&I) customers, aiming to promote sustainable development and enhance the livelihoods of local communities. By prioritizing the needs of society, employees, and stakeholders, O2 Power is committed to delivering real value through its renewable energy initiatives.
Blaize, Inc., founded in 2010 and headquartered in El Dorado Hills, California, specializes in edge AI processing solutions through its proprietary hardware architecture and low-code/no-code software platform. The company targets various industries, including automotive, retail, security, industrial automation, and healthcare, providing efficient solutions that address the challenges of edge AI processing, such as low latency and high thermal and power efficiency. Blaize's innovative approach overcomes limitations of traditional AI solutions, which are often optimized for data centers rather than edge environments. With a workforce of over 200 employees, the company has established teams in California, North Carolina, and international subsidiaries in India and the UK. Blaize has successfully raised over $200 million from a mix of strategic and financial investors, reinforcing its position as a leader in the AI-enabled edge computing market.
Ola
Secondary Market in 2018
Ola operates a mobile technology platform that integrates city transportation for customers and driver partners in India. Its mobile application allows its customers to book a range of cabs, auto-rickshaws, bikes, and shuttle buses. Ola's mobile application allows customers to book city taxi, outstation travel, car rental, and corporate travel services. Its mobile application is available on Windows, Android, and iOS platforms. Ankit Bhati and Bhavish Aggarwal founded Ola on December 1, 2010. It has its headquarters with additional offices in Bengaluru in India.
Pine Labs
Secondary Market in 2018
Pine Labs is a technology and financial solutions provider focused on enhancing merchant operations and increasing revenue. The company offers a comprehensive platform that facilitates both online and offline transactions, enabling retailers to connect with financial institutions and consumer brands efficiently. Its services include processing easy monthly installment transactions, delivering customer insights for targeted sales, and simplifying payment acceptance. Pine Labs supports over 350,000 POS terminals across 3,700 cities in India and Malaysia, catering to more than 100,000 merchants in diverse sectors such as electronics, food and beverage, fashion, and airlines. The company collaborates with 15 major banks and 7 financial institutions, ensuring a robust ecosystem for retailers to engage and retain customers while minimizing operational complexities and risks.
PolicyBazaar
Series F in 2018
PolicyBazaar Insurance Brokers Private Limited is an online platform based in Gurugram, India, that offers a range of insurance services, including life, health, car, two-wheeler, travel, and home insurance. Founded in 2014, the company provides a comparison portal and mobile application that enable users to analyze and compare various insurance products based on coverage, premiums, benefits, and exclusions. By doing so, PolicyBazaar helps consumers make informed decisions regarding their insurance needs. The platform also includes tools and calculators to assist users in estimating their insurance requirements. With a focus on creating awareness about financial impacts related to death, disease, and damage, PolicyBazaar generates the majority of its revenue from its insurance services segment, which includes insurance broker services.
Poshmark, Inc. is a social marketplace that facilitates the buying and selling of new and secondhand lifestyle products, including apparel, footwear, home items, beauty products, and accessories. Founded in 2011 and headquartered in Redwood City, California, Poshmark combines the personal touch of physical shopping with the convenience of e-commerce, making transactions simple, social, and sustainable. The platform caters to a diverse community of over 80 million registered users across the United States, Canada, Australia, and India. Poshmark promotes sustainable consumption by encouraging users to resell and purchase pre-owned items, thereby fostering a more environmentally conscious approach to fashion and lifestyle choices. With millions of active buyers and sellers, Poshmark is shaping the future of commerce through its innovative platform.
PolicyBazaar
Series E in 2017
PolicyBazaar Insurance Brokers Private Limited is an online platform based in Gurugram, India, that offers a range of insurance services, including life, health, car, two-wheeler, travel, and home insurance. Founded in 2014, the company provides a comparison portal and mobile application that enable users to analyze and compare various insurance products based on coverage, premiums, benefits, and exclusions. By doing so, PolicyBazaar helps consumers make informed decisions regarding their insurance needs. The platform also includes tools and calculators to assist users in estimating their insurance requirements. With a focus on creating awareness about financial impacts related to death, disease, and damage, PolicyBazaar generates the majority of its revenue from its insurance services segment, which includes insurance broker services.
CarTrade is a prominent online automotive marketplace in India, facilitating the buying and selling of new and used vehicles. The company operates a multi-channel platform featuring several brands, including CarWale, BikeWale, and Shriram Automall. CarTrade connects various stakeholders in the automotive sector, such as vehicle buyers, sellers, dealers, and original equipment manufacturers (OEMs). Through a network that spans over 80 cities and involves more than 1,200 dealers, CarTrade conducts car auctions, empowering customers to find suitable vehicles at competitive prices. The platform also offers a range of services that support automotive transactions, including marketing, financing, and other related activities, enhancing the overall experience for its users.
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.
CarTrade is a prominent online automotive marketplace in India, facilitating the buying and selling of new and used vehicles. The company operates a multi-channel platform featuring several brands, including CarWale, BikeWale, and Shriram Automall. CarTrade connects various stakeholders in the automotive sector, such as vehicle buyers, sellers, dealers, and original equipment manufacturers (OEMs). Through a network that spans over 80 cities and involves more than 1,200 dealers, CarTrade conducts car auctions, empowering customers to find suitable vehicles at competitive prices. The platform also offers a range of services that support automotive transactions, including marketing, financing, and other related activities, enhancing the overall experience for its users.
Zomato is a global online platform that connects over 55 million users with restaurants across 24 countries. It offers a comprehensive restaurant guide, enabling users to discover, rate, and review eateries, as well as order meals for delivery or table reservations. The company also provides advertising and ingredient supply services to its restaurant partners.
Snapdeal
Private Equity Round in 2015
Snapdeal is India's largest online marketplace, launched in February 2010, that connects buyers and sellers across a wide range of product categories including mobile phones, electronics, apparel, cosmetics, and home goods. The platform is designed to create a reliable and frictionless commerce ecosystem, offering convenient delivery options even to remote areas. Snapdeal is notable for its competitive pricing, featuring daily deals and discounts that make various products accessible to consumers. It has established itself as a market leader in the retail space and is recognized for its significant presence in categories such as watches, sunglasses, and jewelry. With over 1,000 employees, Snapdeal fosters a vibrant work environment and continues to play a critical role in India's e-commerce landscape.
Crompton Greaves Consumer Electricals
Private Equity Round in 2015
Crompton Greaves Consumer Electricals Limited is a prominent manufacturer and marketer of consumer products in India, specializing in a diverse array of electrical consumer durables and lighting solutions. The company’s product portfolio includes ceiling, table, and pedestal fans; professional LED and conventional lighting products; residential and agricultural pumps; as well as various household appliances such as geysers, air coolers, and cooking devices. Notably, Crompton has maintained a leading position in the fans and domestic pumps markets for over two decades. With manufacturing facilities located in Goa, Vadodara, Ahmednagar, and Baddi, the company distributes its products through nearly 150,000 retail points across the country. Founded in 2015 and headquartered in Mumbai, Crompton Greaves Consumer Electricals is actively expanding its reach into new categories and markets, catering to a wide range of consumers, including residential, hospitality, and institutional sectors.
InnoVen Capital
Acquisition in 2015
InnoVen Capital is a prominent venture lending firm based in Mumbai, India, with additional offices in Singapore and Beijing. Established in 2008, it was re-branded following a buyout by Temasek Holdings and UOB Group in 2015. As the first and largest venture debt provider in India, InnoVen Capital specializes in offering debt financing to high-growth and innovative technology startups across various growth stages and sectors. The firm has a strong credit rating, reflecting its financial stability and reliability. InnoVen Capital has facilitated over 190 loans to more than 150 startups throughout India and Southeast Asia, providing a range of debt capital solutions, including venture debt, acquisition finance, growth loans, and syndication.
Snapdeal is India's largest online marketplace, launched in February 2010, that connects buyers and sellers across a wide range of product categories including mobile phones, electronics, apparel, cosmetics, and home goods. The platform is designed to create a reliable and frictionless commerce ecosystem, offering convenient delivery options even to remote areas. Snapdeal is notable for its competitive pricing, featuring daily deals and discounts that make various products accessible to consumers. It has established itself as a market leader in the retail space and is recognized for its significant presence in categories such as watches, sunglasses, and jewelry. With over 1,000 employees, Snapdeal fosters a vibrant work environment and continues to play a critical role in India's e-commerce landscape.
FirstCry India
Series C in 2014
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.
Xiaomi Technology
Series C in 2012
Xiaomi Corporation, founded in 2010 and headquartered in Beijing, China, is a prominent technology company that designs, manufactures, and markets smartphones and consumer electronics. The company's product range includes a variety of mobile devices, such as Android-based smartphones and smart home products, like smart TVs, AI speakers, and smart routers. Xiaomi is notable for its innovative approach, often incorporating user feedback into product development, which has fostered a loyal customer base. The company operates through several segments, including smartphones, Internet of Things (IoT) products, and Internet services, offering both hardware and software solutions. Additionally, Xiaomi engages in the retail and wholesale of its products, operates service centers, and has expanded its presence internationally, becoming a leader in markets such as India and gaining traction in Europe. With a commitment to providing quality technology at accessible prices, Xiaomi continues to innovate and adapt within the competitive landscape of the tech industry.
Xiaomi Technology
Series B in 2011
Xiaomi Corporation, founded in 2010 and headquartered in Beijing, China, is a prominent technology company that designs, manufactures, and markets smartphones and consumer electronics. The company's product range includes a variety of mobile devices, such as Android-based smartphones and smart home products, like smart TVs, AI speakers, and smart routers. Xiaomi is notable for its innovative approach, often incorporating user feedback into product development, which has fostered a loyal customer base. The company operates through several segments, including smartphones, Internet of Things (IoT) products, and Internet services, offering both hardware and software solutions. Additionally, Xiaomi engages in the retail and wholesale of its products, operates service centers, and has expanded its presence internationally, becoming a leader in markets such as India and gaining traction in Europe. With a commitment to providing quality technology at accessible prices, Xiaomi continues to innovate and adapt within the competitive landscape of the tech industry.
Tata Teleservices
Post in 2006
Tata Teleservices Limited, a key player in the Indian telecom sector and part of the Tata Group, has been operational since its incorporation in 1996. The company initially pioneered the CDMA 1x technology platform and expanded its services significantly after acquiring Hughes Tele.com (India) Ltd in 2002. Tata Teleservices launched various services over the years, including CDMA mobile operations branded as Tata Indicom, wireless mobile broadband as Tata Photon, and 2G GSM services under Tata DOCOMO, following a strategic alliance with NTT DOCOMO in 2008. Tata DOCOMO, known for introducing the per-second tariff model, has established a strong presence across India, operating in all 18 telecom circles. The company is recognized for its comprehensive suite of telecommunications services, including mobile, wireless desktop phones, and public booth telephony, and has been rated as having the least congested network in India. Tata Teleservices, alongside Tata Teleservices (Maharashtra) Limited, serves over 450,000 towns and villages, providing a diverse range of telecommunication solutions including cloud services and IoT solutions, primarily in the Indian domestic market.