Z47

Founded in 2006, Z47 is a venture capital firm based in Bengaluru, India. It invests in technology startups focused on the Indian consumer market and global enterprise solutions, typically at seed, early, and early growth stages.

Rajat Agarwal

Managing Director

Rahul Chaudhary

Venture Partner

Samarth Sethi

Associate

Chandrasekhar Venugopal

Principal

Past deals in FMCG

The Whole Truth

Series C in 2025
The Whole Truth is a manufacturer of protein bars that focuses on creating nutritious snack options devoid of added sugar, artificial sweeteners, and preservatives. The company emphasizes the use of natural ingredients, including dry fruits, cocoa, and raw whey, to produce minimally processed products that are both tasty and health-conscious. Catering to a health-oriented consumer base, The Whole Truth offers its protein bars for online purchase, allowing customers across India to conveniently access wholesome snacks delivered directly to their homes.

Foxtale

Series C in 2025
Foxtale is a skincare brand offering a range of products for all skin types. Utilizing modern science and technology, their product line includes moisturizers, vitamin C serum, sunscreen, and face wash, providing high-quality skincare at affordable prices.

Foxtale

Series B in 2024
Foxtale is a skincare brand offering a range of products for all skin types. Utilizing modern science and technology, their product line includes moisturizers, vitamin C serum, sunscreen, and face wash, providing high-quality skincare at affordable prices.

Foxtale

Series A in 2024
Foxtale is a skincare brand offering a range of products for all skin types. Utilizing modern science and technology, their product line includes moisturizers, vitamin C serum, sunscreen, and face wash, providing high-quality skincare at affordable prices.

The Whole Truth

Series B in 2022
The Whole Truth is a manufacturer of protein bars that focuses on creating nutritious snack options devoid of added sugar, artificial sweeteners, and preservatives. The company emphasizes the use of natural ingredients, including dry fruits, cocoa, and raw whey, to produce minimally processed products that are both tasty and health-conscious. Catering to a health-oriented consumer base, The Whole Truth offers its protein bars for online purchase, allowing customers across India to conveniently access wholesome snacks delivered directly to their homes.

Open Secret

Series B in 2022
Open Secret produces healthier snack alternatives for children, focusing on cookies made primarily from nuts and chocolates. Their product line includes butter cookies, almond cookies, peanut butter cookies, and cashew cookies, offering a variety of options while maintaining a balance between health and taste.

Foxtale

Seed Round in 2022
Foxtale is a skincare brand offering a range of products for all skin types. Utilizing modern science and technology, their product line includes moisturizers, vitamin C serum, sunscreen, and face wash, providing high-quality skincare at affordable prices.

The Whole Truth

Series A in 2021
The Whole Truth is a manufacturer of protein bars that focuses on creating nutritious snack options devoid of added sugar, artificial sweeteners, and preservatives. The company emphasizes the use of natural ingredients, including dry fruits, cocoa, and raw whey, to produce minimally processed products that are both tasty and health-conscious. Catering to a health-oriented consumer base, The Whole Truth offers its protein bars for online purchase, allowing customers across India to conveniently access wholesome snacks delivered directly to their homes.

Open Secret

Series A in 2021
Open Secret produces healthier snack alternatives for children, focusing on cookies made primarily from nuts and chocolates. Their product line includes butter cookies, almond cookies, peanut butter cookies, and cashew cookies, offering a variety of options while maintaining a balance between health and taste.

OZiva

Series B in 2021
OZiva is a plant-based clean nutrition brand that specializes in producing organic nutritional products aimed at promoting healthier lifestyle choices. The company offers a diverse range of items, including those focused on fitness, hair and skin health, and both men's and women's wellness. OZiva distinguishes itself by integrating ancient Ayurvedic principles with modern micronutrient science, creating a comprehensive nutrition and fitness ecosystem. This approach not only addresses everyday nutritional needs but also fosters a supportive digital community for individuals pursuing healthier living. Through its offerings, OZiva aims to make healthy dietary planning convenient and accessible for its customers.

OZiva

Series A in 2020
OZiva is a plant-based clean nutrition brand that specializes in producing organic nutritional products aimed at promoting healthier lifestyle choices. The company offers a diverse range of items, including those focused on fitness, hair and skin health, and both men's and women's wellness. OZiva distinguishes itself by integrating ancient Ayurvedic principles with modern micronutrient science, creating a comprehensive nutrition and fitness ecosystem. This approach not only addresses everyday nutritional needs but also fosters a supportive digital community for individuals pursuing healthier living. Through its offerings, OZiva aims to make healthy dietary planning convenient and accessible for its customers.

Open Secret

Seed Round in 2019
Open Secret produces healthier snack alternatives for children, focusing on cookies made primarily from nuts and chocolates. Their product line includes butter cookies, almond cookies, peanut butter cookies, and cashew cookies, offering a variety of options while maintaining a balance between health and taste.

The Whole Truth

Seed Round in 2019
The Whole Truth is a manufacturer of protein bars that focuses on creating nutritious snack options devoid of added sugar, artificial sweeteners, and preservatives. The company emphasizes the use of natural ingredients, including dry fruits, cocoa, and raw whey, to produce minimally processed products that are both tasty and health-conscious. Catering to a health-oriented consumer base, The Whole Truth offers its protein bars for online purchase, allowing customers across India to conveniently access wholesome snacks delivered directly to their homes.
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