BEENEXT

BEENEXT is a venture capital firm based in Singapore, established in 2015. It focuses on supporting early-stage technology startups, primarily in South East Asia, India, and Japan. The firm is managed by a team of serial entrepreneurs who leverage their operational experience and extensive networks to assist founders. BEENEXT emphasizes building a community of entrepreneurs, aiming to create a platform that is by and for founders. Since its inception, the firm has invested in over 180 companies globally, focusing on new digital platforms powered by data networks.

Hero Choudary

Managing Partner

Hero Choudhary

Partner

Yusuke Kono

Director

Hiro Maeda

Managing Partner

Danella Muljono

Investment Associate

Ricky Nguyen

Director, Operations and Finance

Yukano Nishijima

Investment Manager

Faiz Rahman

Partner

Teruhide Sato

CEO and Founder

Chinmaya Saxena

Partner, Community Strategy

Saksham Pant

Principal

Past deals in South Asia

ProsParity

Pre Seed Round in 2024
ProsParity is a fintech platform specializing in the electric transportation sector, particularly in the electric vehicle market in India. The company connects lenders with borrowers by offering a comprehensive digital financing solution. This platform simplifies the loan process for various stakeholders, including individuals, fleet operators, electric vehicle dealerships, and manufacturers of electric vehicles. By facilitating access to a new and high-quality loan market, ProsParity aims to enhance financing opportunities within the rapidly evolving electric transportation industry.

StepChange

Seed Round in 2023
StepChange provides an enterprise sustainability management platform aimed at assisting large corporations and financial institutions in enhancing their environmental, social, and governance (ESG) metrics. The platform features advanced technologies for measuring, managing, and reporting climate impact across a wide range of metrics, while also offering specialized tools to help businesses achieve their sustainability objectives. StepChange boasts one of the largest carbon accounting databases specific to India, containing over 75,000 emission factors for various products and services. This robust database has facilitated leading enterprises in accounting for more than 250 million tons of carbon dioxide equivalent emissions, representing over 7.5% of India's total emissions. Through its comprehensive suite of cloud-based software tools, StepChange supports companies in effectively managing climate risk and reducing emissions throughout their supply chains and operations.

M1xchange

Secondary Market in 2022
M1xchange operates a Trade Receivables Discounting System (TReDS) approved by the Reserve Bank of India, aimed at facilitating the discounting of invoices and bills of exchange across India. Established in April 2017, M1xchange provides a digital marketplace that allows micro, small, and medium enterprises to secure financing against their unpaid invoices. By connecting these businesses with multiple financiers, M1xchange enables them to obtain funds at competitive rates through an open bidding process. This system helps to optimize financing costs and improve cash flow for smaller enterprises, fostering greater financial accessibility and efficiency in the market.

savart

Seed Round in 2022
Savart is an international investment advisory & technology company headquartered in Hyderabad, India. At Savart, it is our passion to help investors achieve out performance with investments in stock, mutual fund and bond investments in India & abroad.

PriceOye

Seed Round in 2022
PriceOye is an eCommerce platform based in Islamabad, Pakistan, that enables users to compare prices for consumer electronics. Founded in 2020, the platform aims to simplify online shopping by providing comprehensive product information, specifications, reviews, and photos, while listing prices from various online retailers. By eliminating counterfeits and promoting trust, PriceOye assists users in making informed purchasing decisions and finding the best deals available.

Twid

Series A in 2022
Twid is India's first rewards-based payment network, established in Bengaluru in October 2020. The platform consolidates various rewards points systems from different issuers into a single application, allowing consumers to access and utilize their rewards from banks, brands, travel, and dining for everyday payments. Twid connects over 50,000 merchants, including offline retailers, online partners, restaurants, and hotel and flight aggregators, creating a comprehensive network for users. The company has partnered with more than 10 issuers and serves a customer base exceeding 40 million. Founded by Amit Koshal, Rishi Batra, and Amit Sharma, Twid aims to make reward points a universal currency, enabling customers to spend their accumulated points freely across multiple platforms.

PayGlocal

Series B in 2022
PayGlocal’s AI-ML-based risk engine provides you with multiple layers & feeds of transaction. With PayGlocal, experience smooth transactions with recurring payments and standing instructions on global payments. PayGlocal was established in 2021 by Yogesh Lokhande in Bangalore, Karnataka.

mewt

Seed Round in 2022
Mewt is a fintech company that helps simplify business banking for MSMEs by unifying accounts offered by state-run banks, private banks, and neo banks under one account. Mewt allows businesses to make fast transfers and accept payments with no delays on proprietary QR code. Mewt was founded in 2021 and is located in Bangalore, India.

Jupiter

Series C in 2021
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.

PayGlocal

Series A in 2021
PayGlocal’s AI-ML-based risk engine provides you with multiple layers & feeds of transaction. With PayGlocal, experience smooth transactions with recurring payments and standing instructions on global payments. PayGlocal was established in 2021 by Yogesh Lokhande in Bangalore, Karnataka.

savart

Seed Round in 2021
Savart is an international investment advisory & technology company headquartered in Hyderabad, India. At Savart, it is our passion to help investors achieve out performance with investments in stock, mutual fund and bond investments in India & abroad.

mewt

Pre Seed Round in 2021
Mewt is a fintech company that helps simplify business banking for MSMEs by unifying accounts offered by state-run banks, private banks, and neo banks under one account. Mewt allows businesses to make fast transfers and accept payments with no delays on proprietary QR code. Mewt was founded in 2021 and is located in Bangalore, India.

smallcase

Series C in 2021
Smallcase Technologies Pvt. Ltd. operates an online trading platform that allows investors to engage with thematic portfolios of stocks and ETFs. Founded in 2015 and based in Bengaluru, India, the company promotes equity investing by offering curated baskets of securities designed around long-term trends, government policies, and sector dynamics. These investment products enable users to choose, buy, track, and manage their portfolios efficiently, facilitating a more accessible approach to investing. Smallcase aims to democratize equity investing by providing tools that cater to both novice and experienced investors, without the burden of management fees or lock-in periods. The platform's offerings are built by licensed professionals using quantitative models to ensure a diversified and low-cost investment experience.

Jupiter

Series B in 2021
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.

Finja

Series A in 2021
FINJA, founded by veterans of the tech and banking industry, is a new entity in the payments space of Pakistan. The top management of the company has over 40 man years of deep experience of delivering pioneering digital banking projects in Pakistan and other emerging markets.

Agnikul

Series A in 2021
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.

Sri Mandir

Seed Round in 2021
Sri Mandir is a spirituality-focused application developed by AppsForBharat, aimed at assisting millions of Indians in their spiritual and devotional journeys. Launched in November 2020, the app integrates spiritual offerings with engaging features to transition traditional offline behaviors into an online experience. Users can create personalized shrines, access a vast library of spiritual texts, scriptures, and videos, and connect with prayer groups. The app seeks to foster a sense of happiness and peace among its users, catering to their diverse devotional needs in a holistic manner.

Unbox Robotics

Seed Round in 2021
Unbox Robotics is a company based in Pune, India, specializing in automated parcel sorting solutions for the logistics industry. Founded in 2019, it has developed a patent-pending, AI-powered robotic system that significantly enhances sorting efficiency. This innovative platform allows for rapid installation, taking ten times less time than traditional systems, and requires 50% fewer robots, leading to space savings of over 50%. By utilizing swarm intelligence and advanced algorithms, Unbox Robotics' technology improves productivity by more than fivefold, enabling logistics operators to optimize their sorting and order consolidation processes while minimizing the need for extensive warehousing. The company's subscription-based model further supports its mission to streamline operations within a limited footprint and capital investment.

FloBiz

Series A in 2021
FloBiz is a neo-business platform in India that focuses on supporting small and medium enterprises through digital solutions. Its flagship product, FloBooks, is a mobile billing and inventory management application that operates both online and offline, allowing users to create invoices, manage outstanding payments, and monitor stock levels. The app includes features such as an online store, payment reminders, sales and purchase reports, a greetings module, and a web version, making it a comprehensive tool for business management. By offering these services, FloBiz aims to empower entrepreneurs to enhance their operations and drive growth in a competitive market.

BharatPe

Series D in 2021
BharatPe is an Indian fintech company dedicated to providing financial services tailored for small and medium-sized merchants. The company primarily facilitates digital payments through the Unified Payments Interface (UPI) and Point of Sale (POS) devices. BharatPe's application enables merchants to accept payments seamlessly using interoperable quick response codes, promoting efficient business transactions. In addition to payment solutions, BharatPe offers business loans and other financial products, empowering merchants to effectively manage their finances and enhance their operations.

GruBox

Angel Round in 2021
GruBox is India's largest network of app-based vending machines and cafeterias, offering users a convenient way to purchase food and beverages through its mobile app. Customers can collect their selected items from the nearest GruBox location, which is strategically placed in corporate offices, metro stations, and residential complexes across Gurgaon. The company supports a variety of cashless payment options, including e-wallets, credit cards, meal cards, and more. Founded in 2016 by alumni of IIT Kanpur and ISB Hyderabad, GruBox aims to establish itself as the leading unmanned retail player in India. With plans for expansion into the top four metropolitan areas, the company seeks to enhance its presence and accessibility for office-goers and other consumers seeking fresh food and snacks at any time of day.

Finja

Series A in 2020
FINJA, founded by veterans of the tech and banking industry, is a new entity in the payments space of Pakistan. The top management of the company has over 40 man years of deep experience of delivering pioneering digital banking projects in Pakistan and other emerging markets.

M1xchange

Venture Round in 2020
M1xchange operates a Trade Receivables Discounting System (TReDS) approved by the Reserve Bank of India, aimed at facilitating the discounting of invoices and bills of exchange across India. Established in April 2017, M1xchange provides a digital marketplace that allows micro, small, and medium enterprises to secure financing against their unpaid invoices. By connecting these businesses with multiple financiers, M1xchange enables them to obtain funds at competitive rates through an open bidding process. This system helps to optimize financing costs and improve cash flow for smaller enterprises, fostering greater financial accessibility and efficiency in the market.

Animall

Series A in 2020
Animall is an online platform based in Bangalore, India, that facilitates the buying and selling of dairy cattle. Launched in 2019, it aims to empower millions of dairy farmers by creating efficiencies within the dairy ecosystem through the use of technology and data science. The platform serves as a peer-to-peer marketplace, allowing farmers to trade livestock conveniently from any location, thereby saving time and reducing costs. By leveraging innovative design and technology, Animall seeks to drive a digital transformation in the dairy industry, contributing to what it terms a new digital white revolution.

Terra.do

Seed Round in 2020
Terra.do Inc. is an online platform dedicated to educating individuals about climate change and facilitating their transition to climate-related careers. Founded in 2020, the company operates from Bengaluru, India, with an additional office in Stanford, California. Terra.do collaborates with climate experts to provide a comprehensive overview of the climate landscape through its online programs. These programs cover a range of topics, including the scientific aspects of climate change, its global impacts, environmental finance, and strategies for mitigation. Participants have the opportunity to engage in practical climate projects, allowing them to apply their skills in real-world contexts and advance their professional journeys in the climate sector.

Blue Sky Analytics

Seed Round in 2020
Blue Sky Analytics is a climate technology company based in Gurugram, India, that specializes in extracting environmental intelligence from satellite data. Founded in 2018, it operates an artificial intelligence-powered platform designed to analyze various environmental factors, including air quality, water pollution, and greenhouse gas emissions. The company integrates data from NASA, European space agency satellites, and ground sensors to create a geospatial data refinery. Among its key offerings are BreeZo, which provides air quality datasets; Zuri, a global tracker for farm and forest fires that monitors greenhouse emissions; and Zorro, a tracker focused on industrial emissions. Blue Sky Analytics aims to deliver accessible insights through APIs, enabling clients to make informed decisions regarding air pollution, water crises, and environmental degradation.

Trusting Social

Series B in 2020
Trusting Social is an AI fintech company focused on enhancing financial inclusion for underbanked populations through innovative credit risk and identity verification solutions. By utilizing proprietary machine learning algorithms and alternative data sources, Trusting Social provides financial institutions with consumer credit scores that extend beyond traditional methods. This enables lenders to assess credit risk, verify identity, and confidently offer loans to individuals who lack conventional credit histories. Operating in Vietnam, Indonesia, India, and the Philippines, Trusting Social's platform addresses the needs of financially invisible consumers, facilitating access to credit for those often overlooked by traditional credit bureaus.

Milkbasket

Series B in 2020
Milkbasket, launched in early 2015, is India's first and largest micro-delivery service for daily essentials. The platform caters to household grocery needs by offering over 6,000 products across more than 13 categories, including milk, bread, eggs, and juices. Milkbasket has introduced innovative features such as flexi-ordering and contactless deliveries, allowing customers to modify their orders until midnight and receive silent deliveries by 7 am the next morning. This convenient service is operational in over 20 cities, including major urban centers like Delhi NCR, Bangalore, Hyderabad, Chennai, Jaipur, and Ahmedabad, with plans for further expansion into Tier I and Tier II cities. Backed by Reliance, Milkbasket aims to provide a hassle-free grocery shopping experience while helping users manage their daily expenses and streamline repeat orders.

Cube

Series A in 2020
Cube is enabling everyone to invest in the simplest manner possible along with guidance from the world’s top performing investment managers - the same that guide the world’s richest families. The service is already live in India, and soon to be available across USA and multiple Asian countries. Cube has an experienced team that comes from the world of fintech, entrepreneurship, design, systems, banking, and global sales. It is founded by Satyen Kothari, a battle scarred entrepreneur who is on his 5th adventure. He has previously founded Citrus Pay in India and three companies in the Silicon Valley. Citrus was sold in 2016 in India’s largest fintech cash deal at the time and was processing $2 bn at its peak and servicing 20 mn users.

Loadshare Networks

Series B in 2020
Loadshare Networks Private Limited is a logistics service provider based in Bengaluru, India, with additional offices in Kolkata, New Delhi, and Guwahati. Founded in 2017, the company specializes in a comprehensive range of logistics solutions, including first mile, line-haul, and last mile deliveries, as well as e-commerce forward deliveries and reverse pickups. Loadshare caters to various sectors, including e-commerce and financial services, and serves both B2B and B2C markets across regions in North East, East India, South India, Rajasthan, and Uttar Pradesh. In addition to its logistics services, Loadshare Networks offers a technology platform and operational expertise, enabling small and medium businesses to optimize their logistics operations and enhance their service delivery through a network of regional partners.

Animall

Seed Round in 2020
Animall is an online platform based in Bangalore, India, that facilitates the buying and selling of dairy cattle. Launched in 2019, it aims to empower millions of dairy farmers by creating efficiencies within the dairy ecosystem through the use of technology and data science. The platform serves as a peer-to-peer marketplace, allowing farmers to trade livestock conveniently from any location, thereby saving time and reducing costs. By leveraging innovative design and technology, Animall seeks to drive a digital transformation in the dairy industry, contributing to what it terms a new digital white revolution.

Loadshare Networks

Series B in 2019
Loadshare Networks Private Limited is a logistics service provider based in Bengaluru, India, with additional offices in Kolkata, New Delhi, and Guwahati. Founded in 2017, the company specializes in a comprehensive range of logistics solutions, including first mile, line-haul, and last mile deliveries, as well as e-commerce forward deliveries and reverse pickups. Loadshare caters to various sectors, including e-commerce and financial services, and serves both B2B and B2C markets across regions in North East, East India, South India, Rajasthan, and Uttar Pradesh. In addition to its logistics services, Loadshare Networks offers a technology platform and operational expertise, enabling small and medium businesses to optimize their logistics operations and enhance their service delivery through a network of regional partners.

Finja

Convertible Note in 2019
FINJA, founded by veterans of the tech and banking industry, is a new entity in the payments space of Pakistan. The top management of the company has over 40 man years of deep experience of delivering pioneering digital banking projects in Pakistan and other emerging markets.

Digifin

Seed Round in 2019
Digifin is a digital banking startup that has a comprehensive digital account opening platform along with the back office solution. It aims at simplifying and speeding up the account opening process. It also streamlines business processes and provides customer insight with the intent to support customer loyalty and retention. It was founded in 2011 and is headquartered in Chennai, India with offices in the USA and UAE.

Mall91

Series A in 2019
Mall91, founded in 2018 by Nitin Raj Gupta and Shubham Paramhans, is a social commerce platform focused on enhancing the online shopping experience for users in India. It integrates live video-based shopping and a local language voice recognition catalog, allowing customers to shop and communicate in their native languages. The platform also features a chat-based checkout process similar to WhatsApp, making transactions more accessible and user-friendly. Mall91 has successfully reached over 2,000 Tier 2, Tier 3, and Tier 4 towns and villages across India, facilitating e-commerce transactions for many users for the first time.

Trusting Social

Series A in 2019
Trusting Social is an AI fintech company focused on enhancing financial inclusion for underbanked populations through innovative credit risk and identity verification solutions. By utilizing proprietary machine learning algorithms and alternative data sources, Trusting Social provides financial institutions with consumer credit scores that extend beyond traditional methods. This enables lenders to assess credit risk, verify identity, and confidently offer loans to individuals who lack conventional credit histories. Operating in Vietnam, Indonesia, India, and the Philippines, Trusting Social's platform addresses the needs of financially invisible consumers, facilitating access to credit for those often overlooked by traditional credit bureaus.

NoBroker

Series C in 2019
NoBroker.com is an innovative property search portal in India that connects property owners directly with tenants, buyers, and sellers, effectively eliminating the need for intermediaries and brokerage fees. Founded in 2014 by alumni from IIT and IIM, the platform aims to streamline real estate transactions, making the process more efficient and user-friendly. By providing a comprehensive listing of properties, NoBroker.com enables users to make informed decisions without incurring additional costs. The company has successfully raised $361 million in funding from prominent investors, including Tiger Global and General Atlantic, among others. With its focus on enhancing the real estate experience, NoBroker.com is transforming the industry landscape.

BharatPe

Series B in 2019
BharatPe is an Indian fintech company dedicated to providing financial services tailored for small and medium-sized merchants. The company primarily facilitates digital payments through the Unified Payments Interface (UPI) and Point of Sale (POS) devices. BharatPe's application enables merchants to accept payments seamlessly using interoperable quick response codes, promoting efficient business transactions. In addition to payment solutions, BharatPe offers business loans and other financial products, empowering merchants to effectively manage their finances and enhance their operations.

Haber

Venture Round in 2019
Haber is an industrial automation company founded on February 28, 2017, by Vipin Raghavan and Priya Venkat in Maharashtra, India. The company specializes in providing automation services focused on chemical dosing for various sectors, including paper mills, sugar mills, distilleries, breweries, independent institutions, and mining. Haber has developed an automation platform designed to enhance sustainability in industries by transforming data into actionable insights. This platform collects data through sensors throughout the facility, allowing for the control of mechanical, operational, and chemical parameters. As a result, clients can achieve reduced operational costs and improved business efficiencies.

BharatPe

Series A in 2019
BharatPe is an Indian fintech company dedicated to providing financial services tailored for small and medium-sized merchants. The company primarily facilitates digital payments through the Unified Payments Interface (UPI) and Point of Sale (POS) devices. BharatPe's application enables merchants to accept payments seamlessly using interoperable quick response codes, promoting efficient business transactions. In addition to payment solutions, BharatPe offers business loans and other financial products, empowering merchants to effectively manage their finances and enhance their operations.

smallcase

Series A in 2019
Smallcase Technologies Pvt. Ltd. operates an online trading platform that allows investors to engage with thematic portfolios of stocks and ETFs. Founded in 2015 and based in Bengaluru, India, the company promotes equity investing by offering curated baskets of securities designed around long-term trends, government policies, and sector dynamics. These investment products enable users to choose, buy, track, and manage their portfolios efficiently, facilitating a more accessible approach to investing. Smallcase aims to democratize equity investing by providing tools that cater to both novice and experienced investors, without the burden of management fees or lock-in periods. The platform's offerings are built by licensed professionals using quantitative models to ensure a diversified and low-cost investment experience.

FloBiz

Seed Round in 2019
FloBiz is a neo-business platform in India that focuses on supporting small and medium enterprises through digital solutions. Its flagship product, FloBooks, is a mobile billing and inventory management application that operates both online and offline, allowing users to create invoices, manage outstanding payments, and monitor stock levels. The app includes features such as an online store, payment reminders, sales and purchase reports, a greetings module, and a web version, making it a comprehensive tool for business management. By offering these services, FloBiz aims to empower entrepreneurs to enhance their operations and drive growth in a competitive market.

Instamojo

Series B in 2019
Instamojo is a digital payments and e-commerce platform that addresses the needs of micro, small, and medium enterprises (MSMEs) in India. Over the past decade, the company has empowered more than a million businesses by providing an easy-to-use solution for buying and selling items online. Its platform supports merchants in showcasing products, collecting orders, tracking sales, connecting with customers, and managing shipping and other business operations. With a focus on leveraging technology, data, and design, Instamojo aims to enhance the entrepreneurial spirit in India and revolutionize the direct-to-consumer market by tailoring its services to meet the diverse needs of sellers.

Milkbasket

Series A in 2018
Milkbasket, launched in early 2015, is India's first and largest micro-delivery service for daily essentials. The platform caters to household grocery needs by offering over 6,000 products across more than 13 categories, including milk, bread, eggs, and juices. Milkbasket has introduced innovative features such as flexi-ordering and contactless deliveries, allowing customers to modify their orders until midnight and receive silent deliveries by 7 am the next morning. This convenient service is operational in over 20 cities, including major urban centers like Delhi NCR, Bangalore, Hyderabad, Chennai, Jaipur, and Ahmedabad, with plans for further expansion into Tier I and Tier II cities. Backed by Reliance, Milkbasket aims to provide a hassle-free grocery shopping experience while helping users manage their daily expenses and streamline repeat orders.

Cube

Series A in 2018
Cube is enabling everyone to invest in the simplest manner possible along with guidance from the world’s top performing investment managers - the same that guide the world’s richest families. The service is already live in India, and soon to be available across USA and multiple Asian countries. Cube has an experienced team that comes from the world of fintech, entrepreneurship, design, systems, banking, and global sales. It is founded by Satyen Kothari, a battle scarred entrepreneur who is on his 5th adventure. He has previously founded Citrus Pay in India and three companies in the Silicon Valley. Citrus was sold in 2016 in India’s largest fintech cash deal at the time and was processing $2 bn at its peak and servicing 20 mn users.

BharatPe

Seed Round in 2018
BharatPe is an Indian fintech company dedicated to providing financial services tailored for small and medium-sized merchants. The company primarily facilitates digital payments through the Unified Payments Interface (UPI) and Point of Sale (POS) devices. BharatPe's application enables merchants to accept payments seamlessly using interoperable quick response codes, promoting efficient business transactions. In addition to payment solutions, BharatPe offers business loans and other financial products, empowering merchants to effectively manage their finances and enhance their operations.

Revv

Series B in 2018
Revv is an Indian car rental startup that provides a diverse selection of vehicles to cater to various self-drive needs. The company operates an online platform where customers can rent a range of cars, including hatchbacks, SUVs, sedans, and luxury vehicles. Rentals are available for different durations, from an hour to a month, all at inclusive prices. Revv aims to facilitate hassle-free travel by enabling users to easily book cars that suit their plans.

Locus

Series A in 2018
Locus is a technology company based in Bengaluru, India, founded in 2015, that addresses challenges in last-mile logistics through its order-to-delivery dispatch management platform. The company offers automation and optimization solutions designed to enhance the efficiency of delivery operations for businesses. Its platform supports clients in managing deliveries, optimizing workflows, and improving customer experiences. Locus has successfully facilitated 650 million deliveries across over 30 countries, serving notable clients such as Unilever, Nestle, and BlueDart. The company’s solutions have resulted in significant cost savings, totaling $200 million in transit expenses, and have contributed to a reduction of 70 million kilograms in CO2 emissions while maintaining a high service level adherence rate of 99.5%. Locus is backed by prominent investors, including GIC Singapore, Qualcomm Ventures, Tiger Global, and Falcon Edge.

Milkbasket

Series A in 2018
Milkbasket, launched in early 2015, is India's first and largest micro-delivery service for daily essentials. The platform caters to household grocery needs by offering over 6,000 products across more than 13 categories, including milk, bread, eggs, and juices. Milkbasket has introduced innovative features such as flexi-ordering and contactless deliveries, allowing customers to modify their orders until midnight and receive silent deliveries by 7 am the next morning. This convenient service is operational in over 20 cities, including major urban centers like Delhi NCR, Bangalore, Hyderabad, Chennai, Jaipur, and Ahmedabad, with plans for further expansion into Tier I and Tier II cities. Backed by Reliance, Milkbasket aims to provide a hassle-free grocery shopping experience while helping users manage their daily expenses and streamline repeat orders.

Shiprocket

Series B in 2018
Shiprocket is an eCommerce shipping platform based in New Delhi, India, founded in 2017. It provides direct-to-consumer retailers with a cost-effective solution for shipping by utilizing a machine-learning-based data engine. This technology helps businesses select the most suitable courier service, generate shipping labels, and track orders from a centralized dashboard. In addition to its shipping services, Shiprocket also offers high-quality packaging materials through Shiprocket Packaging, ensuring brands and businesses of all sizes have access to necessary resources for their operations. With a focus on efficient and reliable service, Shiprocket aims to simplify the shipping and returns management process for its users across India.

Droom

Series C in 2017
Droom Technology Private Limited is an e-commerce company that operates an online marketplace for buying and selling automobiles in India. Established in 2014 and headquartered in Gurugram, with an additional office in Fremont, California, Droom facilitates transactions through a variety of formats, including B2C, C2C, C2B, and B2B. The platform offers a wide selection of over 600,000 vehicles, including cars, bikes, and other modes of transportation, with an inventory valued at over $14 billion sourced from more than 20,000 auto dealers across 1,091 cities. Droom provides additional services such as auto loans, vehicle insurance, roadside assistance, and various automobile maintenance services. The company has developed a comprehensive ecosystem around used automobiles, featuring tools for vehicle history checks, pricing, and inspections, making it a leader in the Indian online automobile market with an 80% share in online transactions. Droom is recognized for its innovative use of technology and data, earning a reputation as one of the most trusted consumer internet brands in India.

Loadshare Networks

Seed Round in 2017
Loadshare Networks Private Limited is a logistics service provider based in Bengaluru, India, with additional offices in Kolkata, New Delhi, and Guwahati. Founded in 2017, the company specializes in a comprehensive range of logistics solutions, including first mile, line-haul, and last mile deliveries, as well as e-commerce forward deliveries and reverse pickups. Loadshare caters to various sectors, including e-commerce and financial services, and serves both B2B and B2C markets across regions in North East, East India, South India, Rajasthan, and Uttar Pradesh. In addition to its logistics services, Loadshare Networks offers a technology platform and operational expertise, enabling small and medium businesses to optimize their logistics operations and enhance their service delivery through a network of regional partners.

Property Share Online Platform

Seed Round in 2017
Property Share Online Platform Pvt. Ltd., founded in 2015 and based in Bengaluru, India, operates a real estate platform that facilitates buying and selling properties through fractional ownership. This innovative marketplace allows individual investors to collectively invest in completed residential properties, thereby lowering the entry barrier typically posed by high investment thresholds. By enabling investments starting at Rs. 500,000, Property Share provides ordinary investors access to quality real estate opportunities that may otherwise be out of reach. Investors can own a share of high-quality developments and receive monthly rental income, reducing the risks associated with investing in less established projects.

NoBroker

Series B in 2016
NoBroker.com is an innovative property search portal in India that connects property owners directly with tenants, buyers, and sellers, effectively eliminating the need for intermediaries and brokerage fees. Founded in 2014 by alumni from IIT and IIM, the platform aims to streamline real estate transactions, making the process more efficient and user-friendly. By providing a comprehensive listing of properties, NoBroker.com enables users to make informed decisions without incurring additional costs. The company has successfully raised $361 million in funding from prominent investors, including Tiger Global and General Atlantic, among others. With its focus on enhancing the real estate experience, NoBroker.com is transforming the industry landscape.

Voonik

Series B in 2016
Voonik is an online personal shopping platform based in Bangalore, India, that aims to assist customers in dressing well within their budget by providing tailored style advice and curated recommendations. The platform utilizes a combination of machine learning and expert curation to address the common query of "What should I wear today?" By leveraging advanced technology and stylist recommendations, Voonik enables users to discover fashion that aligns with their personal preferences and body types. The company operates a multi-brand marketplace that focuses on delivering quality and affordable fashion products, making it easier for individuals to find outfits that suit their unique personalities. Founded by a team with backgrounds from leading tech companies and prestigious academic institutions, Voonik is focused on reshaping the future of shopping.

Droom

Series B in 2016
Droom Technology Private Limited is an e-commerce company that operates an online marketplace for buying and selling automobiles in India. Established in 2014 and headquartered in Gurugram, with an additional office in Fremont, California, Droom facilitates transactions through a variety of formats, including B2C, C2C, C2B, and B2B. The platform offers a wide selection of over 600,000 vehicles, including cars, bikes, and other modes of transportation, with an inventory valued at over $14 billion sourced from more than 20,000 auto dealers across 1,091 cities. Droom provides additional services such as auto loans, vehicle insurance, roadside assistance, and various automobile maintenance services. The company has developed a comprehensive ecosystem around used automobiles, featuring tools for vehicle history checks, pricing, and inspections, making it a leader in the Indian online automobile market with an 80% share in online transactions. Droom is recognized for its innovative use of technology and data, earning a reputation as one of the most trusted consumer internet brands in India.

Locus

Series A in 2016
Locus is a technology company based in Bengaluru, India, founded in 2015, that addresses challenges in last-mile logistics through its order-to-delivery dispatch management platform. The company offers automation and optimization solutions designed to enhance the efficiency of delivery operations for businesses. Its platform supports clients in managing deliveries, optimizing workflows, and improving customer experiences. Locus has successfully facilitated 650 million deliveries across over 30 countries, serving notable clients such as Unilever, Nestle, and BlueDart. The company’s solutions have resulted in significant cost savings, totaling $200 million in transit expenses, and have contributed to a reduction of 70 million kilograms in CO2 emissions while maintaining a high service level adherence rate of 99.5%. Locus is backed by prominent investors, including GIC Singapore, Qualcomm Ventures, Tiger Global, and Falcon Edge.

NoBroker

Series B in 2016
NoBroker.com is an innovative property search portal in India that connects property owners directly with tenants, buyers, and sellers, effectively eliminating the need for intermediaries and brokerage fees. Founded in 2014 by alumni from IIT and IIM, the platform aims to streamline real estate transactions, making the process more efficient and user-friendly. By providing a comprehensive listing of properties, NoBroker.com enables users to make informed decisions without incurring additional costs. The company has successfully raised $361 million in funding from prominent investors, including Tiger Global and General Atlantic, among others. With its focus on enhancing the real estate experience, NoBroker.com is transforming the industry landscape.

CREO

Seed Round in 2016
CREO is a consumer technology company based in Bengaluru, India, that specializes in designing and developing innovative streaming solutions. The company's flagship product, Teewe, is an HDMI dongle that allows users to wirelessly stream local media, such as photos, music, and movies, from their mobile devices or laptops to a television. Additionally, CREO offers a Teewe application that enables users to browse and play content from various online platforms, including YouTube and music services. In a business-to-business capacity, the company provides Teewe as an Infrastructure as a Service solution for enterprises. Founded in 2013 and originally known as Mango Man Consumer Electronics Pvt. Ltd., CREO rebranded in January 2016 and has since operated as a subsidiary of Hike Ltd.

Shiprocket

Series B in 2016
Shiprocket is an eCommerce shipping platform based in New Delhi, India, founded in 2017. It provides direct-to-consumer retailers with a cost-effective solution for shipping by utilizing a machine-learning-based data engine. This technology helps businesses select the most suitable courier service, generate shipping labels, and track orders from a centralized dashboard. In addition to its shipping services, Shiprocket also offers high-quality packaging materials through Shiprocket Packaging, ensuring brands and businesses of all sizes have access to necessary resources for their operations. With a focus on efficient and reliable service, Shiprocket aims to simplify the shipping and returns management process for its users across India.

PepperTap

Series B in 2015
PepperTap is a mobile application that provides grocery delivery service. It enables users to buy fruits, vegetables, and groceries that will be delivered in 2 hours with just a few taps. The company aims to be the fastest on-demand grocery delivery service in India that provides convenience, on-time and on-demand delivery to its patrons, along with superlative services and hand-picked products. PepperTap was founded in 2014 and is headquartered in Gurgaon, Haryana.

PepperTap

Series B in 2015
PepperTap is a mobile application that provides grocery delivery service. It enables users to buy fruits, vegetables, and groceries that will be delivered in 2 hours with just a few taps. The company aims to be the fastest on-demand grocery delivery service in India that provides convenience, on-time and on-demand delivery to its patrons, along with superlative services and hand-picked products. PepperTap was founded in 2014 and is headquartered in Gurgaon, Haryana.
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