InnoVen Capital

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.

Tarana Lalwani

Partner

Punit Shah

Director

Ashish Sharma

CEO

Past deals in India

Ace Turtle Omni Pvt Ltd

Series B in 2023
Ace Turtle Omni Pvt Ltd is a technology and services company based in Bengaluru, India, specializing in e-commerce and multichannel solutions for brands and retailers. Established in 2013, the company provides an end-to-end enterprise solution that facilitates engagement and transactions with omni-channel consumers. Its offerings include a comprehensive e-commerce platform, omni-channel operations, customer support, marketing, analytics, and fulfillment services. Ace Turtle also features a proprietary order management system designed to optimize inventory, margins, and conversions. The company is known for its vertical integration, encompassing design, local manufacturing, and marketing, which enables it to respond effectively to consumer demands. Additionally, Ace Turtle holds exclusive licenses for well-known global brands such as Lee, Wrangler, Toys“R”Us, Babies“R”Us, and Dockers in India and other South Asian markets, driving innovation and transformation within the retail sector.

Niro

Debt Financing in 2023
Niro is a fintech startup focused on embedding personal credit products into prominent consumer internet platforms. By providing a financial platform that includes an application programming interface, Niro allows these platforms to integrate tailored credit offerings that enhance user engagement and generate substantial revenue. The company aims to transform the consumer lending landscape in India, targeting the 624 million internet users by democratizing access to convenient and hassle-free embedded credit solutions. Through its innovative approach, Niro seeks to empower internet brands to offer personalized credit products, fostering growth and accessibility in the financial services sector.

Jumbotail Technologies

Debt Financing in 2023
Jumbotail operates an online marketplace focused on simplifying food and grocery shopping in India, primarily targeting wholesale buyers and connecting them with numerous Kirana stores, brands, and staple producers. The company provides a comprehensive suite of services, including supply chain logistics, a mobile app for order placement, point-of-sale integration, and credit solutions for shop owners lacking access to traditional bank loans. Jumbotail aims to enhance the food and grocery ecosystem by leveraging technology and data science to meet the unique needs of India's diverse population. With a wide selection of high-quality staples, packaged foods, and personal care products from leading brands, the company envisions a vast market potential worth hundreds of billions of dollars. Jumbotail's core team comprises experienced professionals from top educational institutions and renowned companies, committed to reimagining the grocery retail landscape through innovative technology and design.

Turno

Series A in 2023
Turno is a fintech startup that provides electric vehicle solutions for operators and owners. It helps commercial vehicle operators make the switch to EVs. Turno accomplishes this by offering a diverse range of vehicles from partner OEMs, affordable financing, and battery value guarantees to ensure the best possible return on investment for EV owners. Turno's mission in India is to convert gasoline miles to electric miles. The startup sells EVs manufactured by various brands both online and in physical stores, as well as providing financing options and buying back used batteries.

Ather Energy

Debt Financing in 2022
Ather Energy is an Indian manufacturer of electric scooters and a charging network known as AtherGrid, dedicated to creating a comprehensive ecosystem for electric vehicles in the country. The company's flagship product, the Ather 450X, is celebrated for its powerful performance, extended range, and innovative smart features, including a touchscreen dashboard and connectivity through a mobile app. Ather also offers the Ather 450 Plus, which shares many of the advanced features of the 450X while being more affordable. Both models are equipped with lithium-ion battery packs and a digital battery management system, providing users with essential functions such as navigation, ride statistics, and access to charging points, thereby promoting a cleaner and safer mode of transportation. Ather Energy emphasizes indigenous design and local manufacturing in its operations.

Mylo

Series B in 2022
Mylo is a company based in India that offers a community application designed for pregnant women and mothers. The platform serves as a trusted resource for young parents, providing support and information to help them raise happy and healthy families. In addition to its digital offerings, Mylo also publishes a monthly magazine that further supports its mission of assisting parents during their parenting journey.

ElasticRun

Series E in 2022
ElasticRun is a logistics and distribution platform that enables businesses to access traditionally underserved consumers, particularly in rural areas of India. By acting as an extension of fast-moving consumer goods (FMCG) companies' distribution networks, ElasticRun helps these companies tap into new customer bases through its connections with local Kirana stores. The platform not only facilitates eCommerce companies in reaching remote customers but also connects banks and financial institutions with small and medium-sized enterprises (SMEs) in these regions. Additionally, ElasticRun leverages the data generated on its platform to assist clients in refining their marketing strategies, ultimately enhancing their outreach and operational efficiency.

Scribox

Series D in 2022
Scribox operates as a digital wealth management platform that facilitates mutual fund investments in India. Founded in 2012 and headquartered in Bengaluru, the platform allows users to buy and sell various mutual funds, including equity, debt, and tax-saving options. By providing financial advice and streamlined investment services, Scribox aims to enhance users' investment experiences and help them achieve better returns. The company's focus on simplifying the investment process makes it a valuable resource for individuals looking to navigate the complexities of mutual fund investing.

Udaan

Debt Financing in 2021
Udaan operates as a comprehensive B2B e-commerce platform in India, connecting businesses with suppliers across various sectors, including FMCG, pharmaceuticals, and staples. The platform addresses key trade challenges faced by small, medium, and large enterprises by enabling direct connections for better deals. Udaan facilitates the buying and selling process through secure payment options and efficient logistics, allowing retailers and businesses to source products from manufacturers, brands, white labels, and importers all in one place. Additionally, Udaan provides financial products to support small businesses, thereby streamlining supply chain operations and enhancing overall efficiency in the marketplace.

Shiprocket

Series D in 2021
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.

Chqbook

Debt Financing in 2021
Chqbook, based in Gurugram, is a fintech startup that aims to establish India's first Market Place Bank specifically for small business owners, including SMEs, HoReCa, and Kiranas. The platform supports these entrepreneurs through five key areas: accounts, lending, insurance, rewards, and knowledge. By leveraging alternative data, Chqbook collaborates with credit bureaus and financial institutions to deliver financial services to over 12,000 business owners and process more than 40,000 applications each month. The Chqbook app features over 60 financial products, including business loans and credit cards, all offered at zero fees and negotiated rates, providing significant choice for its users. To date, Chqbook has catered to more than 200,000 customers across 20 cities and has received multiple awards for its innovative approach, including recognition from the UK-India Fintech Rocketship Programme and SuperStartups Asia.

DealShare

Debt Financing in 2021
DealShare is a social e-commerce startup focused on providing an online buying platform for a wide range of consumer products, targeting the growing population of users in non-metro and rural areas of India who are less familiar with traditional online shopping. The platform is designed for mobile and social media use, allowing users to easily purchase items with just a few clicks. DealShare enables customers to buy and share deals with friends, offering discounts based on the number of purchasers, which promotes demand aggregation of mass-market products through social engagement. Its product catalog includes fruits, vegetables, grocery items, beauty and wellness products, fashion accessories, electronics, and home décor. By focusing on a streamlined assortment, DealShare aims to achieve high capital and price efficiency while making online shopping accessible and affordable for its target demographic.

BharatPe

Debt Financing 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.

Shiprocket

Series C in 2020
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.

Bounce

Debt Financing in 2020
Bounce (formerly known as Metro Bikes) is a smart mobility solution, with a mission of making daily commute stress-free, time-saving, reliable, and convenient. With a breakthrough technology that lets users access the bike with just an OTP, the Keyless bikes, have not only done away with keys, but the whole process of renting a bike has just become devoid of any physical or human intervention. With Bounce's new One Way Rental service, users can now pick up and drop the bike anywhere they need to and be done with the ride. This is aimed at providing a seamless first mile and last-mile connectivity to metro users. Founded in 2014, Bounce aims at decongesting the roads by encouraging commuters to choose public transport by delivering convenient options to rent bikes and reach their destinations from metro stations. It is based in Bangalore, India.

Milkbasket

Debt Financing in 2019
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.

Cult.Fit

Series D in 2019
Cult.Fit is a health and fitness company that provides a comprehensive platform for fitness, nutrition, and mental well-being. Founded in 2016 by Mukesh Bansal and Ankit Nagori, and headquartered in Bangalore, Karnataka, Cult.Fit aims to make fitness enjoyable and accessible. The company offers a variety of trainer-led group workout classes and emphasizes preventive healthcare techniques through its mobile application. This platform integrates services for mental wellness, healthy eating, and fitness, allowing users to manage their health and lifestyle in one place. By combining engaging content, coaching, and convenient delivery, Cult.Fit supports individuals in adopting healthier habits while promoting overall well-being.

Ather Energy

Series C in 2019
Ather Energy is an Indian manufacturer of electric scooters and a charging network known as AtherGrid, dedicated to creating a comprehensive ecosystem for electric vehicles in the country. The company's flagship product, the Ather 450X, is celebrated for its powerful performance, extended range, and innovative smart features, including a touchscreen dashboard and connectivity through a mobile app. Ather also offers the Ather 450 Plus, which shares many of the advanced features of the 450X while being more affordable. Both models are equipped with lithium-ion battery packs and a digital battery management system, providing users with essential functions such as navigation, ride statistics, and access to charging points, thereby promoting a cleaner and safer mode of transportation. Ather Energy emphasizes indigenous design and local manufacturing in its operations.

DocsApp

Debt Financing in 2019
DocsApp is an online doctor consultation platform. DocsApp is a mobile platform where people from India can consult a specialist MD Doctors with in 30 minutes in various specialisations through chat or call from the location of their convenience. DocsApp has specialist Doctors in the following specialisations.

Bounce

Debt Financing in 2019
Bounce (formerly known as Metro Bikes) is a smart mobility solution, with a mission of making daily commute stress-free, time-saving, reliable, and convenient. With a breakthrough technology that lets users access the bike with just an OTP, the Keyless bikes, have not only done away with keys, but the whole process of renting a bike has just become devoid of any physical or human intervention. With Bounce's new One Way Rental service, users can now pick up and drop the bike anywhere they need to and be done with the ride. This is aimed at providing a seamless first mile and last-mile connectivity to metro users. Founded in 2014, Bounce aims at decongesting the roads by encouraging commuters to choose public transport by delivering convenient options to rent bikes and reach their destinations from metro stations. It is based in Bangalore, India.

KrazyBee

Venture Round in 2019
KrazyBee is India's largest student credit platform, allowing college students to buy anything online and repay it later with flexible monthly installments. KrazyBee offers a wide range of services, including financial aid for e-commerce purchases (through partnerships with all leading e-commerce platforms such as Amazon, Flipkart, Paytm, Myntra, and others), two-wheeler loans (both first- and second-hand), semester loans (college tuition fees), and even cash loans (Paytm recharges and top-ups on KrazyBee Student PayCard - India's First Student Credit Card).

Dailyhunt

Series E in 2019
Dailyhunt is a content discovery platform based in Bangalore, India, founded in 2007 by Virendra Gupta. The platform offers a mobile application that provides users with updates on trending topics, including online news, books, and magazines. Dailyhunt specializes in curating content tailored to individual preferences, utilizing vertical search and recommendation tools to track user interests. This enables users to receive personalized content and notifications, enhancing their media consumption experience. The platform primarily serves a diverse audience in India, facilitating engagement with various forms of media.

GreyOrange

Venture Round in 2019
GreyOrange is a global company that specializes in modernizing order fulfillment through the integration of artificial intelligence and robotics. Its platform, powered by the GreyMatter operating system, utilizes predictive and real-time data to optimize warehouse operations, enabling seamless cooperation between mobile robots and human workers. This system is designed to enhance agility, accuracy, and efficiency in order fulfillment for retailers, warehouse operators, and logistics providers. By leveraging advanced technology, GreyOrange aims to help organizations improve productivity, reduce costs, and enhance customer satisfaction in an increasingly demanding market. The company operates in key regions including the United States, Singapore, Germany, Japan, and India.

Portea

Venture Round in 2019
Portea Medical is a leading provider of home healthcare services in India, operating in 24 cities and recognized as a pioneer in the sector. The company offers a wide range of services including geriatric care, post-operative care, palliative care, and physiotherapy, ensuring that medical support is accessible directly in patients' homes. Portea employs a team of healthcare professionals, including doctors, nurses, and physiotherapists, who conduct regular health assessments and provide disease management. Additionally, the company facilitates the collection of lab samples and offers medical equipment rentals, making comprehensive healthcare services readily available at affordable rates. Through its commitment to enhancing health outcomes, Portea Medical has established itself as a vital resource for home-based medical care in India.

Chillr

Venture Round in 2019
Chillr is an Indian FinTech startup that offers a mobile and web application designed to facilitate simple and instant financial transactions for users. The platform allows users to send money directly between bank accounts using only a mobile number, eliminating the need for account details. Chillr collaborates with major banks, including HDFC Bank and Bank of Baroda, to ensure secure and efficient payments. The app enables users to transfer money, request payments, recharge accounts, and pay utility bills directly from their bank accounts, streamlining the process of managing financial transactions for millions of users. As a mobile payment subsidiary of MobME Wireless, Chillr aims to enhance the ease of banking and financial services in India.

GoldVIP Technology Solutions (Crown-it)

Venture Round in 2019
Crown It is a mobile app which is set to revolutionize retail business in India. It’s a customer club through which customers get cash back each time they visit and spend on retail outlets.

Flyrobe

Venture Round in 2019
Flyrobe is India's largest fashion rental platform, specializing in occasion wear for both men and women. Operating in ten major cities across India, it offers a wide range of branded and designer clothing through an on-demand rental service. Customers can access a luxury fashion rental store that provides options for renting labels and accessories at a fraction of the retail price. Flyrobe also maintains offline stores in Mumbai and Delhi, enhancing its accessibility for customers seeking stylish attire for various events.

Eye-Q

Venture Round in 2019
Eye-Q operates a network of eye-care hospitals in India, dedicated to providing high-quality eye care at affordable prices. The organization is led by Dr. Ajay Sharma, a renowned eye surgeon, and is supported by a team of specialists with extensive experience from leading hospitals across the country. Eye-Q offers a wide range of services, including comprehensive eye care, glaucoma treatment, laser surgeries, and specialized care for both pediatric and senior patients. The hospital chain also focuses on retina services and diabetic eye care, aiming to address various eye-related diseases and enhance the vision of its patients. As an ISO 9001-2000 registered organization, Eye-Q is committed to maintaining high standards in its medical practices.

Apalya

Venture Round in 2019
Apalya is a mobile video delivery platform that specializes in content aggregation, provisioning, and distribution services. The platform is designed to optimize content for viewing on various screens and collaborates with mobile operators, content owners, and advertisers. Apalya aggregates over 120 linear channels and offers products such as Myplex, which provides on-demand and live TV content, and Mobile TV, which allows for live broadcasting across mobile networks. The company serves telecom operators, handset manufacturers, and content providers primarily in India, Sri Lanka, and Indonesia, with a client roster that includes major players like Dialog, Airtel, and Vodafone. Founded in 2005 and headquartered in Hyderabad, India, Apalya aims to deliver a comprehensive entertainment experience across digital devices.

SureWaves

Venture Round in 2019
SureWaves MediaTech Private Limited, founded in 2006 and headquartered in Bengaluru, India, provides innovative media convergence solutions aimed at transforming television advertising. The company operates Skynet, a programmatic advertising marketplace that allows marketers to efficiently plan and purchase audience-targeted ads on broadcast TV. Additionally, SureWaves Spot TV Network enables brands to connect with diverse audiences through local cable and regional satellite channels. The organization is leveraging advances in cloud computing to develop the SureWaves Media Grid, an integrated platform for ad aggregation, content delivery, and media management. With a leadership team comprised of experienced professionals from various sectors, SureWaves has filed over 40 patents related to its technology. The company has successfully entered the digital out-of-home market and expanded its services to local television advertising, making advertising more accessible and measurable for clients.

Hospals

Venture Round in 2019
India has some of the finest hospitals in the world with best in class equipment, healthcare and doctors. It would be right to say that India presents the best and the most affordable healthcare in the world. India is also the land where guests are considered representatives of God. Hospals represents this beautiful thought combined with the ability to facilitate the best healthcare in the world.. We are a Medical Tourism company that offers end to end Hospital services, as your Pals.

Core Diagnostics

Venture Round in 2019
Core Diagnostics is a Clinical laboratory focused on Next Generation Diagnostics for disease stratification and therapy selection. We are focused on bringing the most advanced testing techniques and expertise to India. We aim to become the destination for all your high-end diagnostic needs.

K-12 Techno Services

Venture Round in 2019
K12 Techno Services is an education service provider, delivering academic support and solutions to schools across major cities. The company provides a range of services, including learning materials, school management services, transportation, and curriculum aids to enhance the educational experience. he company operates in various metropolitan areas such as Hyderabad, Chennai, Mumbai, and Bangalore, catering to multiple educational institutions.

Furlenco

Venture Round in 2019
Furlenco is a Bangalore-based home furniture subscription service founded in 2012 by Ajith Karimpana. The company addresses the need for well-designed and affordable furniture rental solutions, catering to a diverse clientele, including students, families, and expatriates. Furlenco offers a curated selection of furniture for various living spaces such as living rooms, bedrooms, and dining areas. Its online platform provides convenience through features like free relocation, free swapping of items, complimentary deep-cleaning services, and damage waivers. This model allows customers to access quality furniture while being able to adapt their selections to meet changing lifestyle needs.

Kiran Energy Solar Power

Venture Round in 2019
Kiran Energy Solar Power is an independent power producer specialising in solar energy generation.

Quikr

Debt Financing in 2018
Quikr is an online marketplace and classified advertising platform that facilitates the buying, selling, renting, and discovering of various goods and services across India. It allows users to find apartments, sell vehicles, promote small businesses, and discover local events or classes. The platform aims to empower individuals to connect independently with buyers and sellers, offering a diverse range of advertisements for items such as furniture, jobs, and personal services. Quikr continually seeks to enhance user experience through innovative features like QuikrNXT, which prioritizes user privacy, and a missed call service catering to those with limited internet access.

HealthifyMe

Series B in 2018
HealthifyMe is a fitness application designed to help users achieve their health and weight loss objectives through their computers and smartphones. Launched in 2012 by a team of doctors, nutritionists, and fitness trainers in Bangalore, India, the app allows users to track their calorie intake, monitor nutrition and fitness activities, and assess their weight to determine overall health. With features that enable users to set and work towards healthy goals, the platform also facilitates data sharing with experts, who provide personalized advice and recommendations. The application is enhanced by an artificial intelligence-powered fitness coach that leverages automated analytics, making it easier for users to receive tailored online fitness consultations and achieve their health aspirations.

TravelTriangle

Debt Financing in 2018
TravelTriangle.com is an exciting new way of buying trips online in India (currently). They promote local travel agents and get you best trips from them. They have created a marketplace where travelers can interact with local travel agents. This also empowers local travel agents to come online and compete with big fishes. Travelers on the other hand get customized trips at cheap prices and also with a taste of local salt. The dreams of a heavenly vacation are often overshadowed by the nightmares of one that turns out to be total disaster due to technical hitches. A holiday today can be more taxing than your workplace if not planned right. The misfortunes like travel agent's craftiness, the discontent over the abode, all travel and no rest can actually be done without! It's a vacation after all! Bringing to the same platform an assortment of agents with the best they have to offer, traveltriangle.com gives the traveller a chance to compare and choose the one most suited to him. Once you have submitted your trip request, you're poured with options; competing quotes from travel agents on your desired holiday plan. Hence, you are saved the trouble of calling up and negotiating with travel agents individually. Also, the reasonable quotes of travel agents add to your delight! exclaims Sanchit, flaunting of the winning cards up his sleeve. While traveltriangle.com is soon going to expedite newer spaces, it is continually striving to improve its present services to give its visitors worldwide a splendid vacation! So, the next time you have so much as a thought of a holiday; let traveltriangle.com take care of the rest and you would be glad you did.

NestAway

Venture Round in 2018
NestAway is a Bangalore-based home rental network founded in January 2015, which aims to enhance the rental experience through technology and design. The company operates an online marketplace that allows users to search for fully furnished rooms, houses, flats, and apartments across various Indian cities. Through its application, NestAway facilitates the entire rental process, enabling customers to find, book, and move into their desired homes seamlessly. The platform also provides additional services such as addressing maintenance issues and managing rent payments, ensuring a comprehensive solution for tenants from the initial search to moving out.

Hitachi Payment Services

Venture Round in 2018
Hitachi Payment Services is a prominent provider of payment solutions designed for financial institutions, merchants, and e-commerce aggregators. The company emerged from the integration of operations from Integrated Maintenance and Services Private Limited and a financial investment from Sequoia Capital. Hitachi Payment Services aims to create a modern payments ecosystem that benefits retailers, service providers, and financial institutions alike. With a presence in 70 cities across India, it manages over 3,500 electronic transaction terminals, including ATMs and kiosks. The company offers a comprehensive range of services such as cash recycling systems, POS solutions, internet payment gateways, and digital payment platforms, along with risk management and analytics. Hitachi Payment Services is committed to enhancing customer acquisition and retention for merchants, ensuring that users are always within a short distance of its spare part depots and service centers.

Blackbuck

Debt Financing in 2017
Blackbuck, founded in 2015, is a leading online platform in India that connects shippers with truck operators, transforming the logistics landscape through technology. The company focuses on streamlining the trucking process by facilitating load bookings, offering price discovery, route optimization, and in-transit tracking. This comprehensive approach not only enhances operational efficiency for shippers and truckers but also supports the livelihoods of many individuals within the transportation ecosystem. Blackbuck's commitment to reliability and efficiency has positioned it as the largest trucking network in India, backed by a strong team and notable investors. The company has received multiple accolades, including the 'Young Turks Startup of the Year' award and recognition as 'Company of the Year - Logistics' in 2018. Additionally, Blackbuck's innovative business model has been featured in a Harvard Business School case study.

Cogoport

Debt Financing in 2017
Cogoport is a multinational company headquartered in Singapore, with additional offices in India, Thailand, Vietnam, and Indonesia. As an Indian unicorn, it is privately owned and supported by prominent venture capitalists such as Accel Partners and Tiger Global. The company specializes in developing an enterprise platform that simplifies freight booking for businesses. Its platform provides instant rates, transparent pricing, and an efficient invoicing process, allowing companies to transport goods more quickly and cost-effectively. Cogoport is currently experiencing rapid growth, having been recognized as a High-Growth Company by the Financial Times and an Indian Growth Champion by the Economic Times. With over 1,000 employees across 10 offices in India, Cogoport is focused on streamlining logistics operations for its clients.

Ace Turtle Omni Pvt Ltd

Debt Financing in 2017
Ace Turtle Omni Pvt Ltd is a technology and services company based in Bengaluru, India, specializing in e-commerce and multichannel solutions for brands and retailers. Established in 2013, the company provides an end-to-end enterprise solution that facilitates engagement and transactions with omni-channel consumers. Its offerings include a comprehensive e-commerce platform, omni-channel operations, customer support, marketing, analytics, and fulfillment services. Ace Turtle also features a proprietary order management system designed to optimize inventory, margins, and conversions. The company is known for its vertical integration, encompassing design, local manufacturing, and marketing, which enables it to respond effectively to consumer demands. Additionally, Ace Turtle holds exclusive licenses for well-known global brands such as Lee, Wrangler, Toys“R”Us, Babies“R”Us, and Dockers in India and other South Asian markets, driving innovation and transformation within the retail sector.

FreeCharge

Venture Round in 2017
FreeCharge is an e-commerce website headquartered in Mumbai, Maharashtra that provides online facility to recharge any prepaid mobile phone, postpaid mobile, DTH & data card in India. The website was started in August, 2010 by Kunal Shah of Accelyst Solutions Pvt. Ltd. In November 2012, the company claimed to be doing online recharge of INR 6 million on a daily basis, translating to INR 2.19 billion a year. It provides online facility to recharge any prepaid mobile phone in India. The amount paid by the user for recharge is returned in form of shopping coupons of some of the top retailers in India, thereby making the recharge virtually free. The first two retailers for which coupons were available were McDonald's and Barista. and were followed by other big retailers such as Café Coffee Day, Domino's Pizza, Cromā, Puma, Shoppers Stop and Jet Airways. In 2011, FreeCharge was named one of the most promising technology startups from India by Pluggd.in.

Shaadi.com

Venture Round in 2017
Shaadi.com is an online matchmaking site built especially for South-Asians. Besides one of most visited sites in India, it boasts more than 100 physical centers in 80 cities in India. Shaadi.com, one of India's best known brands and the world's largest matrimonial service was founded with a simple objective - to help people find happiness. The company pioneered online matrimonials in 1996 and continues to lead the exciting matrimony category after more than a decade. By redefining the way people meet for marriage, Shaadi.com has created a world-renowned service that has touched over 20 million people. Learn More at http://www.shaadi.com/introduction/letter-from-cmd.php

RentoMojo

Venture Round in 2017
RentoMojo is an online furniture rental platform that was incorporated in November 2014.It currently operates in Bangalore, Pune, Mumbai, Hyderabad, Chennai, Delhi, Gurgaon and Noida. RentoMojo was founded by Geetansh Bamania, an ex-IITM, in November 2014 in India. Like many other young working professionals, he was living in rented apartments, working long hours and found it inconvenient to equip the house with furniture when he moved. RentoMojo was developed to provide an alternative to buying and selling furniture in rental properties.

Zolo

Series A in 2017
Zolo is a company based in Bangalore, Karnataka, India, that specializes in providing managed co-living spaces for students and young professionals. Established in 2015, Zolo aims to enhance the traditional options of paying guest accommodations, service apartments, and hostels by offering a range of living amenities, both basic and luxurious. Its fully furnished rooms come with essential services such as hygienic food, daily housekeeping, internet access, and security features. By delivering a hassle-free long-term living experience, Zolo addresses the needs of individuals relocating to new cities, enabling them to adapt quickly to their new environments.

Coverfox Insurance

Venture Round in 2017
Coverfox Insurance Broking Pvt. Ltd. is an insurtech company based in Mumbai, India, that specializes in online insurance brokerage services. Established in 2013, it offers a wide range of insurance products, including two-wheeler, car, health, travel, term, life, and general insurance. The platform partners with over 35 insurance providers to deliver competitive policies and premiums, ensuring customers have access to optimal coverage options. Coverfox also provides comprehensive support for claims, streamlining the process for its users.

MobiKwik

Debt Financing in 2017
MobiKwik is a mobile payment platform that provides a wide array of financial products for both consumers and merchants in India. The company offers services such as a prepaid digital wallet, pay-later options, money transfers, loans, and investment opportunities. By leveraging big data analytics and machine learning, MobiKwik enhances user experiences and streamlines transactions for everyday needs, including phone recharges, online shopping, and purchasing movie tickets. Its goal is to deliver accessible payment and credit solutions, helping users manage their finances without the necessity of a credit card or bank account.

BYJU'S

Series E in 2016
BYJU'S is a prominent global ed-tech company founded in India in 2011, dedicated to providing engaging and effective learning solutions to over 150 million students worldwide. Its mission focuses on making high-quality education accessible, with a diverse range of offerings that include BYJU's: The Learning App and other brands like Disney-BYJU's Early Learn and BYJU's FutureSchool. The company's platform utilizes original content, watch-and-learn videos, animations, and interactive simulations to create a personalized educational experience that adapts to each student's unique learning style and pace. With a team of over 12,000 teachers, BYJU'S supports pre-K–12 education and various competitive exams, employing innovative methods that enhance engagement. The company has established partnerships with major firms such as Disney and Google to expand its reach and impact. Headquartered in India, BYJU'S operates in more than 21 countries, offering learning programs in over eight languages, and has made significant acquisitions to broaden its educational footprint.

OYO

Debt Financing in 2016
OYO Hotels and Homes Pvt Ltd. is a hospitality company based in Ahmedabad, India, that was founded in 2013. The company specializes in owning and operating a network of hotels, homes, and living spaces, which are available for booking through its mobile application. OYO aims to provide affordable and comfortable accommodation options, catering to both budget-conscious travelers and those seeking premium experiences. By offering technology-driven solutions, OYO empowers entrepreneurs and small business owners in the hospitality sector, enhancing their operational efficiency and revenue potential. The company is a subsidiary of Oravel Stays Private Limited and is recognized for its commitment to delivering quality services comparable to those of five-star hotels while remaining accessible to a broader audience.

FabHotels

Venture Round in 2016
FabHotels operates a budget hotel chain in India, partnering with smaller hotels to offer standardized services aimed at budget travelers. The company employs an asset-light model, promoting its partner hotels, which typically have capacities ranging from twenty to forty rooms. This approach enables travelers to easily discover and book accommodations while enjoying exclusive benefits and rewards. By focusing on affordability and consistency, FabHotels caters to the needs of cost-conscious guests seeking reliable lodging options.

Voonik

Debt Financing 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.

CredR

Debt Financing in 2016
CredR operates as an online marketplace dedicated to the buying and selling of pre-owned two-wheeler vehicles in India. The company aims to bring structure to the unorganized second-hand vehicle market, which often suffers from inconsistent pricing and unsatisfactory user experiences. By utilizing a dynamic pricing algorithm, CredR evaluates various factors such as vehicle condition, seasonality, and demand to set competitive prices. Additionally, the platform offers after-sales services and a bike rental option, making it easier for users to access two-wheelers as needed. Through its verified and certified marketplace, CredR simplifies the transaction process, providing a more transparent and convenient experience for both buyers and sellers.

Snapdeal

Debt Financing in 2016
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.

Collectabillia.com

Debt Financing in 2016
Collectabillia.com is a celebrity commerce company offering a platform to fans to own memorabilia personally autographed by their icons as well as fan merchandise. It launched its auction platform during the 2012 season of the IPL partnering with master blaster Sachin Tendulkar exclusively to auction limited edition merchandise post his historical ‘hundredth, hundred’. Collectabillia’s objective is to extend the global market of memorabilia into India, allowing the ownership of personalized merchandise along the same lines as that of art, numismatics, and philately. Promoted by Anjana Reddy, a sports enthusiast and national level badminton player, and backed by the Accel Partners of the Angry Birds and Facebook fame, Collectabillia’s goal is to connect celebrities and their ardent fans. Incorporated in 2011, the company is headquartered in Bengaluru.

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.

MoveInSync

Debt Financing in 2015
MoveInSync is a leading employee commute platform based in Bangalore, India, serving over 300 clients, including 72 Fortune 500 companies. Established in 2009, the company specializes in providing reliable and sustainable commuting solutions for enterprises. MoveInSync's flagship offering, MoveInSync One, is a comprehensive employee transport solution that integrates fleet management, technology, and operations. The platform includes the SaaS solution Ion, which automates employee commuting through cabs, electric vehicles, and shuttles, while also managing corporate car rentals and workplace logistics. Additionally, the software enhances transport management by tracking cab usage, automating billing processes, and ensuring safety features for passengers. MoveInSync is recognized for its contributions to the industry, receiving multiple awards, including accolades from Deloitte and G2 for its innovative approach to employee transportation.

Zoomin

Debt Financing in 2013
ZoomIn is India's leading online photo service that specializes in preserving cherished memories through high-quality photobooks, prints, and gifts. The company operates a platform that allows users to store their photos in the cloud for free, facilitating easy import and export from social media sites. In addition to photo printing, ZoomIn offers a diverse online gift store where customers can create personalized items, including calendars, cards, and mugs, all based on their photos. This enables individuals to express their creativity through thoughtfully designed products at accessible prices.
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