Anicut Capital is a venture capital investment firm established in 2016 and based in Chennai, India. Founded by seasoned professionals with extensive experience in commercial, private, and investment banking, the firm focuses on providing growth equity investments. Anicut Capital targets sectors such as consumer internet, direct-to-consumer brands, business-to-business services, and software-as-a-service. The firm's expertise in finance and investment positions it to effectively identify and support promising companies in these industries.
Co-Founder, Managing Partner and Member of Investment Committee
IAS Balamurugan
Managing Partner
Adithya Bharadwaj
Vice President, Growth Equity
Ashvin Chadha
Co-Founder
Dhruv Kapoor
Partner, Growth Equity
Veenu Mittal
CFO
Harsh Mohan
Associate, Seed Fund
Ankita Poddar
Senior Associate, Private Credit
Dhruv Ranjan
Associate Vice President, Seed Fund
I A S Balamurugan
Co-Founder and Managing Partner
A. Jayaseelan
Partner, Private Credit
99 past transactions
Pilgrim
Venture Round in 2025
Pilgrim is a direct-to-consumer startup specializing in the beauty industry. The company manufactures a range of personal care products designed to be chemical-free and safe for daily use. All of Pilgrim's products are FDA-approved and free from harmful ingredients such as parabens, sulfates, and mineral oil. The brand focuses on providing fully vegan and toxin-free options, ensuring that their offerings cater to the diverse needs of customers while promoting safe and responsible beauty practices.
Hair Originals
Series A in 2025
Hair Originals provides DIY hair extension products. They offer solutions for hair loss that include extensions, permanent hair extensions without installation, and raw hair products.
The ePlane Company
Series B in 2024
ePlane aims to tackle urban road traffic congestion by introducing innovative flying solutions. Their flagship product aims to provide a safe, sustainable, and affordable flying experience, contributing to a future of urban mobility that is efficient and eco-friendly.
WayCool
Debt Financing in 2024
WayCool is an agri-tech company focused on the processing, distribution, and procurement of fresh produce, dairy products, and staples. By utilizing technology and innovative quality management practices, WayCool enhances logistics and distribution services while also increasing farmers' income. The company sources fruits and vegetables primarily from smallholder farmers and aggregators, distributing these products to local shops, modern retail outlets, hotels, restaurants, and catering establishments. Additionally, WayCool operates a retail brand called SunnyBee, which includes physical stores, mobile stores on trucks, and e-commerce platforms. Through these channels, WayCool establishes direct connections between farmers and consumers, ensuring efficient access to fresh, clean, and quality produce. The company also offers a range of high-quality private label products through collaborations with sister companies.
Blue Tokai Coffee Roasters
Series C in 2024
Blue Tokai Coffee Roasters provides an online marketplace specifically to sell roasted coffee. Blue Tokai Coffee Roasters operates as a specialty coffee e-tailer for sourcing single-estate Arabica coffee beans from Indian coffee estates, burns them on an order basis, and delivers directly to customers, allowing customers to order online or visit their particular retail stores. Blue Tokai focuses on sourcing coffee beans from specific regions or estates, highlighting the unique flavor profiles of each coffee origin. They offer a variety of single-origin coffees, including beans from Karnataka, Tamil Nadu, and other coffee-growing regions in India. In addition to selling coffee beans online, Blue Tokai operates cafes in select cities across India. These cafes serve a variety of coffee beverages and provide a space for customers to enjoy freshly brewed coffee.
BlueBinaries
Debt Financing in 2024
BlueBinaries accelerates future mobility with expansive engineering expertise and global scale to bring unprecedented intelligence into visionary automotive technologies.
BlueBinaries
Venture Round in 2024
BlueBinaries accelerates future mobility with expansive engineering expertise and global scale to bring unprecedented intelligence into visionary automotive technologies.
Assembly
Seed Round in 2024
Assembly provides luggage and travel products. Their product line includes hard luggage, soft luggage, a trolley backpack, a backpack, a laptop bag, and travel accessories. They allow consumers to directly buy goods or services from a seller over the internet using a web browser.
The Ayurveda Experience
Series C in 2024
The Ayurveda Experience is an online platform based in India that specializes in ayurvedic products, focusing on health and wellness. The company offers a diverse range of personal care items, including lotions, cleansers, serums, and hair potions, along with dietary supplements aimed at promoting hair health, vision, and blood sugar management. By collaborating with various affiliates, The Ayurveda Experience provides customers with a comprehensive selection of products designed to enhance well-being through traditional Ayurvedic principles.
Dubpro.ai
Seed Round in 2024
Dubpro.ai specializes in video content localization through advanced AI-driven dubbing solutions. The company offers a platform that enables the generation of high-quality vernacular content in multiple Indic languages, making localization more accessible and cost-effective. By utilizing sophisticated algorithms, Dubpro.ai's technology learns the complexities of voice and captures nuanced details, allowing clients to produce quality long-format content efficiently. This innovative approach addresses the challenges of traditional dubbing methods, which are often time-consuming and expensive.
Illumine-i
Series A in 2024
Illumine-i is an energy company that provides power, consultancy, and construction services.
SportVot
Seed Round in 2024
A sports tech company that empowers sports digitization at the grassroots level. With premium & hassle-free cloud studio for LIVE sports broadcasting and a multi-sports OTT platform for talent discovery, SportVot is the go to solution for all things sports!
Salty
Seed Round in 2024
We are making fashion accessible to women across India. At Salty, we bring forward the trendiest and most affordable fashion accessories for everyday wear
Grip Invest
Series B in 2024
Grip is a SEBI regulated investment platform that allows retail investors to make small-ticket investments. Grip helps you #GoBeyond inflation, low returns & volatility through an investment discovery platform. Grip lists curated investment leasing opportunities on its platform. Investors browse through the active assets to review financial details, terms, and return expectations and identify the right investment opportunity, investors choose the investment amount and confirm their interest, investors make an online transfer of the committed amount.
Console
Seed Round in 2024
Console is an omnichannel engagement and retention software that helps personalize and optimize all customer touchpoints.
Typo
Seed Round in 2024
Typo is an AI-driven software delivery management platform that enables dev teams with real-time SDLC visibility, automated code reviews & DevEX insights to code better, deploy faster & stay aligned with business goals. It connects with the existing tool stack within 30 seconds & empowers with : - Real-time SDLC visibility, DORA Metrics & Delivery Intelligence - Automated code reviews, vulnerabilities & auto-fixes - Developer experience insights & potential burnout zones Join 1000+ high-performing engineering teams across the globe that are using Typo to ship reliable software faster. Start your 14-day free trial now at - https://typoapp.io
Tao Digital
Debt Financing in 2023
Tao Digital Solutions is a technology services provider that focuses on helping businesses navigate the digital economy through innovative solutions. The company specializes in a variety of IT consultancy services, including product engineering, product development, and managed services. It offers expertise in advanced areas such as blockchain, the Internet of Things (IoT), and artificial intelligence, enabling clients to adopt transformative technological strategies. Additionally, Tao Digital emphasizes cybersecurity and payment solutions, ensuring that businesses can operate securely and efficiently in an increasingly digital landscape. Through its comprehensive range of services, the company aims to enhance accessibility to digital innovations and drive business growth.
Ellipsol
Seed Round in 2023
Ellipsol is a climate tech company that offers a retrofittable solution to double the energy yield of conventional photovoltaic panels.
Navadhan
Seed Round in 2023
Navadhan Capital operates as a financial platform focused on enhancing financial well-being and accessibility for under-banked households and small businesses. The company provides a range of financial software solutions that include features such as pension liquid investing and the digitization of unorganized value chains. By offering flexibility in parameters such as loan tenors, drawdown options, repayment frequencies, collection purposes, and amounts, Navadhan aims to reduce financial risks and improve resilience. The platform's mission is to expand access to finance, facilitating financial growth and ultimately helping to improve incomes for its users.
XYXX Apparels
Series C in 2023
XYXX Apparels is a retail and fashion company that offers clothing and accessories for men. It makes life interesting via functional and refreshing products with quirky designs. The company was founded in 2016 and is headquartered in Surat, India.
Inspecity
Pre Seed Round in 2023
Inspecity is a company focused on advancing aerospace technology, particularly in the realm of satellite maintenance and support. It provides a variety of services tailored for aerospace companies, including end-of-mission deorbit, fleet deployment, mission extension vehicles, and reliable servicing. Inspecity also specializes in active deorbiting, utilizing autonomous robotics to service satellites across all orbital altitudes. In addition to its technological offerings, the company aims to develop human habitats that transcend current planetary limitations, contributing to the establishment of a new economy in space.
Uravu Labs
Seed Round in 2023
Uravu Labs, founded in 2017 in Bangalore, Karnataka, is focused on addressing water scarcity through innovative renewable water technology. The company has developed a patent-pending solar adsorption reactor that extracts moisture from the atmosphere, particularly at night, and uses solar energy to release high-quality drinking water during the day. This technology aims to provide sustainable solutions for communities facing water crises by generating several liters of potable water daily. Uravu Labs is committed to fostering resilience and sustainability in human life and communities, recognizing the urgent need for innovation within the water industry.
SatSure
Series A in 2023
SatSure is a decision analytics company that utilizes satellite technology, machine learning, and big data analytics to address challenges related to food, water, and energy security. The company operates a geospatial big data platform designed to deliver insights specifically for the agriculture sector. By integrating satellite data with financial and socio-economic information, SatSure generates agricultural risk profiles that assist in areas such as irrigation, infrastructure, and climate action. This innovative approach enables financial institutions to obtain real-time, location-specific insights, facilitating informed decision-making in their operations.
Blue Tokai Coffee Roasters
Series B in 2023
Blue Tokai Coffee Roasters provides an online marketplace specifically to sell roasted coffee. Blue Tokai Coffee Roasters operates as a specialty coffee e-tailer for sourcing single-estate Arabica coffee beans from Indian coffee estates, burns them on an order basis, and delivers directly to customers, allowing customers to order online or visit their particular retail stores. Blue Tokai focuses on sourcing coffee beans from specific regions or estates, highlighting the unique flavor profiles of each coffee origin. They offer a variety of single-origin coffees, including beans from Karnataka, Tamil Nadu, and other coffee-growing regions in India. In addition to selling coffee beans online, Blue Tokai operates cafes in select cities across India. These cafes serve a variety of coffee beverages and provide a space for customers to enjoy freshly brewed coffee.
Log 9 Materials
Series B in 2023
Log 9 Materials specializes in the manufacturing, research, and development of nanotechnologies. Log 9 Materials Scientific Private Limited is a graphene research and development company. This innovative graphene-based cigarette filter reduces the risk of getting cancer by 90%. We offer a wide range of graphene (CVD graphene, rGO) and its derivatives. We bring to you graphene as researchers and not just manufacturers, so we understand the triviality of the grade of our products.
Hair Originals
Seed Round in 2022
Hair Originals provides DIY hair extension products. They offer solutions for hair loss that include extensions, permanent hair extensions without installation, and raw hair products.
Bigyellowfish
Seed Round in 2022
Bigyellowfish is a platform dedicated to enhancing safety engagement and behavioral risk management by integrating psychology, business, and technology. It offers a digital mobile suite of solutions aimed at improving decision-making, behavior, and situational responsiveness among employees. The platform emphasizes the cognitive, behavioral, and emotional dimensions of the employee experience, providing tools for skill-building, resilience, and on-demand well-being support. This approach not only aims to boost employee performance but also helps businesses reduce healthcare costs and improve overall return on investment.
The Ayurveda Experience
Venture Round in 2022
The Ayurveda Experience is an online platform based in India that specializes in ayurvedic products, focusing on health and wellness. The company offers a diverse range of personal care items, including lotions, cleansers, serums, and hair potions, along with dietary supplements aimed at promoting hair health, vision, and blood sugar management. By collaborating with various affiliates, The Ayurveda Experience provides customers with a comprehensive selection of products designed to enhance well-being through traditional Ayurvedic principles.
GalaxEye
Seed Round in 2022
GalaxEye provides satellite-based imaging services that leverage advanced space technology to deliver high-frequency data for earth observation. By utilizing multi-sensor imaging satellites, the company offers detailed spatial and temporal resolution, allowing businesses in both government and commercial sectors to enhance decision-making and operational efficiency.
ChargeUp
Seed Round in 2022
ChargeUp operates a battery swapping network designed to address the challenges of long electric vehicle charging times and associated costs. By providing an affordable solution, ChargeUp enables a growing community of approximately 2.4 million e-rickshaws to enhance their operational efficiency and revenue potential. The company’s platform focuses on delivering proprietary battery technology and a battery-as-a-service model, which allows e-rickshaw owners to access lithium batteries through strategically placed swapping stations. This innovative approach not only alleviates the inconvenience of charging but also supports the electric mobility sector by promoting sustainable transportation options.
Snapmint
Series A in 2022
Snapmint is an online shopping platform based in Mumbai, India, that facilitates purchasing in installments without the need for credit cards. Founded in 2015, the company streamlines the buying process through a simple five-minute online application, allowing customers to access no-cost EMI plans. Snapmint offers a diverse range of products, including mobile phones, electronics, appliances, and fashion items, enabling consumers to afford their desired purchases through flexible and manageable installment payments while eliminating the complexities associated with traditional loan applications.
Artium Academy
Seed Round in 2022
Artium Academy is an online music education platform that aims to make learning enjoyable and accessible for individuals of all ages. The platform features a performance-based curriculum crafted by industry experts, which standardizes teaching methods while emphasizing one-on-one learning experiences. By focusing on personalized instruction, Artium Academy enables students to engage with music in a meaningful way, fostering both their own musical development and the ability to inspire others through their knowledge and skills in the art of music.
Wingreens Farms
Debt Financing in 2022
Wingreens Farms, founded in 2011 and headquartered in Gurgaon, Haryana, specializes in producing a variety of food products, including fresh dips, pita chips, gourmet items, breakfast cereals, and pickles. The company is known for pioneering the fresh dips category in India and focuses on providing healthy snack alternatives. Its products are handmade by underprivileged women, supporting community empowerment. Wingreens Farms employs a unique sampling sales model, allowing customers to experience the products before purchase, and sells through both retail and online channels, ensuring accessibility to a wide consumer base.
Uravu Labs
Seed Round in 2022
Uravu Labs, founded in 2017 in Bangalore, Karnataka, is focused on addressing water scarcity through innovative renewable water technology. The company has developed a patent-pending solar adsorption reactor that extracts moisture from the atmosphere, particularly at night, and uses solar energy to release high-quality drinking water during the day. This technology aims to provide sustainable solutions for communities facing water crises by generating several liters of potable water daily. Uravu Labs is committed to fostering resilience and sustainability in human life and communities, recognizing the urgent need for innovation within the water industry.
Bigspoon
Series A in 2022
Bigspoon is a multi-brand omnichannel cloud kitchen start-up, founded by Kapil Mathrani (ex VP GoJek, VP Uber) and Poojan Thakkar (ex ITC limited, Wgsha Alumni) focused on Tier-2 and Tier-3 cities. Bigspoon came into existence in 2019 with the mission to minimize the delta between fine-dine and delivered-food experience. Under their brand umbrella are eight food brands, including a celebrity Biryani Brand called Mehfil Biryani by Zakir Khan. Bigspoon serves over 150,000 customers every month. Bigspoon has also started to incubate other brands under its infrastructure under its Kitchen-as-a-Service model (KaaS) and has brands like The Brooklyn Creamery, Baskin Robins, Smoodies, and Hao-Chi operating under this model.
Wheelocity
Series A in 2022
Wheelocity is a supply chain network dedicated to addressing India's malnutrition issue by minimizing food waste through innovative, technology-driven solutions. Founded in 2021, the company has established itself as a leading provider of fresh supply chain solutions, processing nearly 700 tonnes of fresh food daily across a network that spans the entire country. Wheelocity aims to reshape the fresh produce market by integrating various components of the supply chain, including collection centers, distribution centers, and logistics, to create an efficient and optimized ecosystem for perishable goods such as fruits, vegetables, dairy, poultry, and meat. By leveraging advanced technologies like artificial intelligence and the Internet of Things, Wheelocity enhances transparency and efficiency in its operations, facilitating a faster and more sustainable process for delivering food from farms to consumers. Ultimately, the company’s mission is to eliminate food waste and combat hunger through effective management of supply chain resources.
Wheelocity
Debt Financing in 2022
Wheelocity is a supply chain network dedicated to addressing India's malnutrition issue by minimizing food waste through innovative, technology-driven solutions. Founded in 2021, the company has established itself as a leading provider of fresh supply chain solutions, processing nearly 700 tonnes of fresh food daily across a network that spans the entire country. Wheelocity aims to reshape the fresh produce market by integrating various components of the supply chain, including collection centers, distribution centers, and logistics, to create an efficient and optimized ecosystem for perishable goods such as fruits, vegetables, dairy, poultry, and meat. By leveraging advanced technologies like artificial intelligence and the Internet of Things, Wheelocity enhances transparency and efficiency in its operations, facilitating a faster and more sustainable process for delivering food from farms to consumers. Ultimately, the company’s mission is to eliminate food waste and combat hunger through effective management of supply chain resources.
Glamyo Health
Series A in 2022
Glamyo Health is a healthcare provider focused on delivering a seamless experience for elective surgeries and cosmetic procedures. The company offers a wide range of services, including hernia treatment, gallstone treatment, laser piles treatment, sports orthopedics, liposuction, and hair transplants. In addition to surgical procedures, Glamyo Health provides diagnostic tests, health checkups, and online consultations, facilitating convenient and safe treatment options for patients. With a commitment to streamlining the healthcare experience, Glamyo Health aims to make elective procedures more accessible and hassle-free.
Kytchens
Seed Round in 2022
Kytchens is a full-stack "Kitchen as a Service" platform that empowers F&B brands to expand their footprint across the country.
Neemans
Series B in 2022
Neemans is a footwear startup that offers natural fiber footwear for men and women. The company's products are made from natural and renewable Australian Merino wool that evaporates sweat and moisture and offers a lightweight, breathable, sock-free, and temperature regulating experience. It was co-founded by Taranjeet Singh Chhabra and Amar Preet Singh in 2018 and is based in Hyderabad, Andhra Pradesh, India.
SUGAR Cosmetics
Series D in 2022
SUGAR Cosmetics is a Mumbai-based company that manufactures and retails a diverse range of color cosmetics. Founded in 2012, it offers products including lipsticks, eyeliners, foundations, face palettes, blushes, bronzers, highlighters, and primers, as well as nail lacquers and cleansing products. The brand is recognized for its cruelty-free approach and has gained popularity among millennials, becoming one of the fastest-growing premium beauty brands in India. SUGAR Cosmetics is known for its unique packaging and appealing product offerings, catering to bold, independent women. The products are crafted in advanced facilities located in Germany, Italy, the USA, and Korea, and are available through retail stores and online platforms, allowing the brand to reach customers worldwide.
MasterChow
Seed Round in 2022
MasterChow is a ready-to-cook Asian cuisine brand that specializes in providing premium pantry staples such as noodles, sauces, and condiments. The company aims to enhance home cooking by offering a variety of flavored sauces like holy basil, chili and garlic, hot and spicy, and black bean and garlic. These products are designed to simplify meal preparation, allowing consumers to create delicious, restaurant-style dishes at home with ease. MasterChow's offerings include not only individual items but also hampers that bundle these essentials together, complete with step-by-step instructions for making scrumptious family dinners.
Earth Rhythm
Series A in 2022
Earth Rhythm is a direct-to-consumer personal care brand based in India, specializing in professional-grade products for haircare, skincare, and makeup. As the country's first homegrown brand to prioritize independent clinical trials and research, Earth Rhythm emphasizes smart and safe skincare solutions. The company offers a diverse range of non-toxic and plastic-free products, including face masks, toners, hair oils, shampoos, conditioners, lipsticks, and lip balms, all formulated to address various concerns such as acne, dehydrated skin, hyperpigmentation, dark circles, and signs of aging. Each product is developed in-house by trained cosmetic chemists, ensuring that the formulations are effective, safe, and supported by scientific research. Earth Rhythm is committed to creating products that are beneficial both for consumers and the environment.
ChargeUp
Seed Round in 2022
ChargeUp operates a battery swapping network designed to address the challenges of long electric vehicle charging times and associated costs. By providing an affordable solution, ChargeUp enables a growing community of approximately 2.4 million e-rickshaws to enhance their operational efficiency and revenue potential. The company’s platform focuses on delivering proprietary battery technology and a battery-as-a-service model, which allows e-rickshaw owners to access lithium batteries through strategically placed swapping stations. This innovative approach not only alleviates the inconvenience of charging but also supports the electric mobility sector by promoting sustainable transportation options.
Eplane
Seed Round in 2022
Eplane builds and develops electric air transportation systems.
Navadhan
Pre Seed Round in 2022
Navadhan Capital operates as a financial platform focused on enhancing financial well-being and accessibility for under-banked households and small businesses. The company provides a range of financial software solutions that include features such as pension liquid investing and the digitization of unorganized value chains. By offering flexibility in parameters such as loan tenors, drawdown options, repayment frequencies, collection purposes, and amounts, Navadhan aims to reduce financial risks and improve resilience. The platform's mission is to expand access to finance, facilitating financial growth and ultimately helping to improve incomes for its users.
Neemans
Series A in 2021
Neemans is a footwear startup that offers natural fiber footwear for men and women. The company's products are made from natural and renewable Australian Merino wool that evaporates sweat and moisture and offers a lightweight, breathable, sock-free, and temperature regulating experience. It was co-founded by Taranjeet Singh Chhabra and Amar Preet Singh in 2018 and is based in Hyderabad, Andhra Pradesh, India.
Aknamed
Venture Round in 2021
Aknamed is focused on enhancing the healthcare supply chain in India by providing procurement solutions tailored for hospital chains and mid-sized standalone hospitals. Utilizing its proprietary technology and analytics tool, SmartBUY, the company aims to standardize healthcare service delivery. Aknamed's platform integrates various stakeholders, including brand owners, field force, distribution hubs, and customers, into a unified system that operates in real time. This comprehensive approach enables hospitals and medical manufacturers to improve transparency and optimize costs within their operations.
Grip Invest
Seed Round in 2020
Grip is a SEBI regulated investment platform that allows retail investors to make small-ticket investments. Grip helps you #GoBeyond inflation, low returns & volatility through an investment discovery platform. Grip lists curated investment leasing opportunities on its platform. Investors browse through the active assets to review financial details, terms, and return expectations and identify the right investment opportunity, investors choose the investment amount and confirm their interest, investors make an online transfer of the committed amount.
Wow! Momo
Debt Financing in 2020
Wow! Momo is a chain of fast-food restaurants that specializes in momos. It operates out of kiosks, food court quick service outlets, shop-in-shop models, and high street quick service restaurants. Wow! Momo was established in 2008 in Kolkata, West Bengal by Sagar Daryani, and Shah Miftaur Rahman.
Blue Tokai Coffee Roasters
Funding Round in 2020
Blue Tokai Coffee Roasters provides an online marketplace specifically to sell roasted coffee. Blue Tokai Coffee Roasters operates as a specialty coffee e-tailer for sourcing single-estate Arabica coffee beans from Indian coffee estates, burns them on an order basis, and delivers directly to customers, allowing customers to order online or visit their particular retail stores. Blue Tokai focuses on sourcing coffee beans from specific regions or estates, highlighting the unique flavor profiles of each coffee origin. They offer a variety of single-origin coffees, including beans from Karnataka, Tamil Nadu, and other coffee-growing regions in India. In addition to selling coffee beans online, Blue Tokai operates cafes in select cities across India. These cafes serve a variety of coffee beverages and provide a space for customers to enjoy freshly brewed coffee.
Neemans
Seed Round in 2020
Neemans is a footwear startup that offers natural fiber footwear for men and women. The company's products are made from natural and renewable Australian Merino wool that evaporates sweat and moisture and offers a lightweight, breathable, sock-free, and temperature regulating experience. It was co-founded by Taranjeet Singh Chhabra and Amar Preet Singh in 2018 and is based in Hyderabad, Andhra Pradesh, India.
GIVA
Seed Round in 2019
GIVA is an omnichannel platform that offers fine jewelry. GIVA also offers a range of designs in metals like 18K gold, rose gold, and oxidized silver with embellishments of zircon, pearl, marcasite, and other colored stones. GIVA's collection includes earrings, necklaces, bracelets, and rings, crafted from sterling silver for everyday wear.
Astrogate Labs
Seed Round in 2019
Astrogate Labs is a space-technology startup focused on developing advanced communication systems for the space industry. The company specializes in laser communication technologies designed to operate effectively in the harsh conditions of space, offering high-speed communication solutions for small satellites. Astrogate Labs aims to provide a secure communication link with high data rates while minimizing mass and power requirements compared to traditional radio frequency systems. Their products include terminals and an optical ground network, presenting a comprehensive alternative for satellite communication needs. This innovative approach enables the space industry to address challenges related to low bandwidth and high spectrum licensing costs.
Clairco
Seed Round in 2019
Clairco specializes in advanced air purification systems that enhance indoor air quality and provide real-time monitoring of various air quality parameters. By integrating their technology into existing air conditioning systems, Clairco offers efficient filtration, achieving up to MERV-13 standards with minimal pressure drop. Their solutions include an IoT device and a web dashboard that enable businesses to monitor pollutants such as PM2.5, PM10, CO2, and VOCs, ensuring a healthy indoor environment. Additionally, Clairco's technology helps reduce maintenance costs and increases energy efficiency, making air purification both affordable and scalable for clients.
Bira 91
Debt Financing in 2019
Bira 91 is a craft beer brand established by B9 Beverages in 2015, initially producing its beers in Belgium before shifting production to India. The company operates five breweries across India, utilizing ingredients sourced from France, Belgium, the Himalayas, and Bavarian Farms to create a diverse range of beers. Bira 91 offers various styles, including low bitterness and high alcohol wheat beers, catering to consumers seeking unique and flavorful beverages. The brand has expanded its reach to over 600 towns and cities across 18 countries and has formed a partnership with Kirin Holdings, a Japanese beverage conglomerate. Bira 91 beers are available in multiple formats, including draft, 330ml bottles, 650ml bottles, and 500ml cans, appealing to a broad audience of beer enthusiasts.
Bira 91
Series B in 2019
Bira 91 is a craft beer brand established by B9 Beverages in 2015, initially producing its beers in Belgium before shifting production to India. The company operates five breweries across India, utilizing ingredients sourced from France, Belgium, the Himalayas, and Bavarian Farms to create a diverse range of beers. Bira 91 offers various styles, including low bitterness and high alcohol wheat beers, catering to consumers seeking unique and flavorful beverages. The brand has expanded its reach to over 600 towns and cities across 18 countries and has formed a partnership with Kirin Holdings, a Japanese beverage conglomerate. Bira 91 beers are available in multiple formats, including draft, 330ml bottles, 650ml bottles, and 500ml cans, appealing to a broad audience of beer enthusiasts.
Agnikul
Seed Round in 2019
Agnikul Cosmos Private Limited, founded in 2017 and based in Chennai, India, is a space technology startup specializing in the design, manufacture, testing, and launch of orbital-class rockets tailored for micro and nanosatellites. The company operates from the National Center for Combustion R&D at IIT-Madras, where a diverse team of rocket scientists, engineers, ex-bankers, and space lawyers collaborates to advance their capabilities. Agnikul's launch vehicles are mobile and can be deployed from various launch ports, utilizing kerosene as fuel. They are engineered to reach both low and high-inclination orbits, providing businesses with on-demand access to space at competitive prices.
Snapmint
Seed Round in 2018
Snapmint is an online shopping platform based in Mumbai, India, that facilitates purchasing in installments without the need for credit cards. Founded in 2015, the company streamlines the buying process through a simple five-minute online application, allowing customers to access no-cost EMI plans. Snapmint offers a diverse range of products, including mobile phones, electronics, appliances, and fashion items, enabling consumers to afford their desired purchases through flexible and manageable installment payments while eliminating the complexities associated with traditional loan applications.
Yaantra
Debt Financing in 2018
Yaantra is a Delhi-based company that specializes in the sale of refurbished, unboxed, and preowned mobile phones, along with a variety of accessories such as power banks, USB cables, adapters, and chargers. Founded in 2013, Yaantra provides mobile and tablet repair services, allowing users to book appointments and check the status of their repairs. The company operates in major Indian cities including Delhi, Gurgaon, Ghaziabad, Faridabad, Noida, Bangalore, and Mumbai, offering quality repair services for various issues such as broken screens, water damage, and software problems. Yaantra emphasizes customer satisfaction by providing quality-assured refurbished smartphones at competitive prices while ensuring that clients can manage the entire lifecycle of their devices conveniently. As a subsidiary of Gadgetwood eServices Pvt. Ltd., Yaantra serves a diverse clientele across the country.
PopiCorn
Debt Financing in 2018
PopiCorn is a ready-to-eat popcorn brand that has 6 different flavors. The company upgraded its production to a full-fledged factory as the demand increased manifold, making the brand grow exponentially. Popicorn aims to contribute to a proud legacy that India has and makes more and more people fall in love with this delicious, low calorie, easy access snack.
Navia Life Care
Seed Round in 2018
Navia Life Care is a health technology company focused on enhancing patient care through innovative digital solutions. It offers a health management platform that includes customized mobile applications for patient monitoring, engagement, and compliance. By simplifying the management of health information, Navia Life Care enables users to effectively oversee their health and wellness. The company aims to provide convenient tools that facilitate better health management for both patients and healthcare providers, ultimately improving the overall healthcare experience.
Aereo
Seed Round in 2018
Aereo, established in 2013 in Bangalore, India, is a leading homegrown drone manufacturing and solutions company. Specializing in enterprise applications, Aereo provides advanced drone technology across various industries, including urban and rural development, agriculture, mining, construction, irrigation, forest conservation, renewable energy, and infrastructure development. The company offers state-of-the-art survey-grade drones that enhance data collection and analysis, significantly improving operational efficiency. Aereo's drones are capable of processing over fifty thousand images per instance, allowing for comprehensive visual quality checks and efficient data management. Notably, Aereo has mapped more than 34,000 villages in India, positively impacting over 45 million lives. As a pioneer in the field, Aereo introduced India’s first DGCA-certified survey-grade PPK drone, the Aereo INP, while striving to elevate productivity and environmental sustainability through innovative aerial intelligence. The company is supported by prominent early-stage investors, reflecting its position as a key player in the drone technology sector.
ManiBhavnam Home Finance
Seed Round in 2018
ManiBhavnam Home Finance is a finance services firm that offers loans for home purchases and property.
Bira 91
Debt Financing in 2017
Bira 91 is a craft beer brand established by B9 Beverages in 2015, initially producing its beers in Belgium before shifting production to India. The company operates five breweries across India, utilizing ingredients sourced from France, Belgium, the Himalayas, and Bavarian Farms to create a diverse range of beers. Bira 91 offers various styles, including low bitterness and high alcohol wheat beers, catering to consumers seeking unique and flavorful beverages. The brand has expanded its reach to over 600 towns and cities across 18 countries and has formed a partnership with Kirin Holdings, a Japanese beverage conglomerate. Bira 91 beers are available in multiple formats, including draft, 330ml bottles, 650ml bottles, and 500ml cans, appealing to a broad audience of beer enthusiasts.
Curatio Healthcare
Venture Round in 2017
Curatio Healthcare (I) Pvt. Ltd. is a specialty dermatology company focused on addressing therapy gaps in general and specialty dermatology. The company conducts extensive market research to identify the needs within the dermatology field and develops innovative solutions. Curatio's product range includes dermatology and cosmetology offerings such as skincare, baby care, and hair care products, specifically targeting issues like pigmentary disorders, acne therapy, and providing emollients and protectives. With a strong emphasis on research and development, Curatio collaborates with top research partners to create effective products that meet the daily challenges faced by dermatologists and cosmetologists.
SUGAR Cosmetics
Venture Round in 2017
SUGAR Cosmetics is a Mumbai-based company that manufactures and retails a diverse range of color cosmetics. Founded in 2012, it offers products including lipsticks, eyeliners, foundations, face palettes, blushes, bronzers, highlighters, and primers, as well as nail lacquers and cleansing products. The brand is recognized for its cruelty-free approach and has gained popularity among millennials, becoming one of the fastest-growing premium beauty brands in India. SUGAR Cosmetics is known for its unique packaging and appealing product offerings, catering to bold, independent women. The products are crafted in advanced facilities located in Germany, Italy, the USA, and Korea, and are available through retail stores and online platforms, allowing the brand to reach customers worldwide.
Lendingkart
Debt Financing in 2017
Lendingkart is a financial technology company based in India that focuses on providing working capital loans and financing solutions for small and medium-sized enterprises (SMEs). By utilizing technology and data analytics, Lendingkart assesses the creditworthiness of businesses swiftly, enabling a fast and convenient loan approval process. The company aims to meet the financing needs of SMEs that often struggle to secure traditional bank loans due to insufficient collateral or credit history. Through its online platform, Lendingkart offers a user-friendly experience for businesses seeking funding, allowing them to apply for loans online and receive funds promptly, thereby supporting their growth and operational needs.
Vyapar App
Seed Round in 2017
Vyapar is a fully GST-compatible business accounting software aimed at simplifying the daily activities of micro and small businesses. Vyapar software is used by more than 1 Million small businesses for billing, inventory management, and GST filing purposes. Helping companies move their accounts from paper to smartphone, Vyapar has built an Android App that can be used by anyone even with no accounting knowledge.
ShareChat
Seed Round in 2016
ShareChat is an Indian social media startup. It offers the content consumption and sharing platform only in Indian vernacular languages to cater to over 1.17 billion wireless network users of India. It is available in 15 Indian languages. The company was founded in 2015 and is headquartered in Bangalore, Karnataka.
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