Stride Ventures is a New Delhi-based credit institution founded in 2019 that focuses on providing debt solutions to innovative startups across India. The firm aims to support businesses with strong unit economics and operating cash flows, leveraging institutional backing and sound corporate governance. By investing in a diverse range of sectors, Stride Ventures seeks to empower emerging companies to scale their operations and drive growth within the Indian market.
Lendingkart is a financial technology company based in India that focuses on providing working capital loans and financing solutions for small and medium-sized enterprises (SMEs). By utilizing technology and data analytics, Lendingkart assesses the creditworthiness of businesses swiftly, enabling a fast and convenient loan approval process. The company aims to meet the financing needs of SMEs that often struggle to secure traditional bank loans due to insufficient collateral or credit history. Through its online platform, Lendingkart offers a user-friendly experience for businesses seeking funding, allowing them to apply for loans online and receive funds promptly, thereby supporting their growth and operational needs.
The Good Glamm Group
Venture Round in 2024
The Good Glamm Group gathers and markets various beauty and personal care brands. It searches for sustainable and cruelty-free beauty companies to invest in and helps with advertising them under their existing digital spaces. The Good Glamm Group is based in Pune, India.
BluSmart Mobility
Series A in 2023
BluSmart Mobility is a provider of electric shared smart mobility solutions aimed at enhancing urban transportation in India. The company operates an all-electric ride-hailing platform that promotes sustainable and reliable mobility services. BluSmart offers a range of services including ride-sharing, car-sharing, and shared charging for electric vehicles, enabling users to access electric cars while contributing to a future with zero tailpipe emissions. Through its comprehensive on-demand mobility platform, BluSmart seeks to facilitate the transition to more efficient and environmentally friendly transportation in Indian cities.
Showroom B2B
Seed Round in 2023
SHOWROOM B2B is establishing a comprehensive platform for India’s $108 billion fashion industry, focusing on connecting Tier 2+ clothing retailers with small to mid-scale apparel manufacturers. The company employs a "Phygital" approach, integrating physical experiences with digital solutions to enhance sales. Its unique distribution model minimizes product returns by allowing retailers to experience products in dedicated Experience Centres, thereby boosting their confidence in purchasing decisions. Additionally, SHOWROOM B2B provides essential services such as distribution, credit, logistics, and marketing, enabling retailers to achieve better profit margins while facilitating aggressive growth for manufacturers. By offering a one-stop marketplace, SHOWROOM B2B equips clients with the tools and data needed to shop intelligently and expand their businesses effectively.
Castler
Funding Round in 2023
Castler is a technology-driven company established in 2020 in Delhi, India, focused on enhancing the accessibility and convenience of escrow services for both enterprises and consumers. The company offers a digital escrow platform that addresses the challenges of an uncertain payment environment, where fraud is prevalent and traditional escrow services are often difficult to obtain. By providing features such as two-factor authorization, digital escrow transactions, email notifications, and detailed transaction data, Castler enables secure and transparent transactions for users engaged in buying or selling goods on various platforms and marketplaces.
HealthifyMe
Debt Financing in 2023
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.
Chalo
Debt Financing in 2023
Chalo develops a transport application that delivers real-time transit information such as live tracking, get transit arrival time, and more. From live tracking buses to providing digital solutions focusing on cashless rides, Chalo dreams to make public transport accessible, affordable, and hassle-free for Indian commuters. The Chalo App provides live tracking of over 15,000 buses in 21 cities and has more than 70 lakh downloads as of July 2021. The Chalo Card, a contactless tap-to-pay travel card, is a successful bus travel card. Chalo also offers products like mobile tickets, mobile bus passes, and multi-trip 'Super Saver' plans that can be bought on the Chalo App as well as through the Chalo Card. Chalo partners with bus operators to deploy this technology and improve the bus travel experience.
Castler
Seed Round in 2023
Castler is a technology-driven company established in 2020 in Delhi, India, focused on enhancing the accessibility and convenience of escrow services for both enterprises and consumers. The company offers a digital escrow platform that addresses the challenges of an uncertain payment environment, where fraud is prevalent and traditional escrow services are often difficult to obtain. By providing features such as two-factor authorization, digital escrow transactions, email notifications, and detailed transaction data, Castler enables secure and transparent transactions for users engaged in buying or selling goods on various platforms and marketplaces.
Exotel
Debt Financing in 2023
Exotel is an AI-powered cloud customer engagement platform established in 2011, serving over 6,000 companies across India, Southeast Asia, the Middle East, and Africa. The platform facilitates 25 million calls daily and provides a comprehensive suite of cloud-based products, including an omnichannel contact center and various voice and messaging APIs. Exotel's technology is designed to streamline communication between businesses and their customers, enhancing overall business performance. Its offerings include artificial intelligence bots, cloud contact centers, and tools for generating conversational and cross-channel context. This enables organizations to optimize resources, reduce operational costs, and improve customer experiences, making Exotel a vital partner for fast-growing companies in emerging markets.
BluSmart Mobility
Series A in 2023
BluSmart Mobility is a provider of electric shared smart mobility solutions aimed at enhancing urban transportation in India. The company operates an all-electric ride-hailing platform that promotes sustainable and reliable mobility services. BluSmart offers a range of services including ride-sharing, car-sharing, and shared charging for electric vehicles, enabling users to access electric cars while contributing to a future with zero tailpipe emissions. Through its comprehensive on-demand mobility platform, BluSmart seeks to facilitate the transition to more efficient and environmentally friendly transportation in Indian cities.
BluSmart Mobility
Debt Financing in 2023
BluSmart Mobility is a provider of electric shared smart mobility solutions aimed at enhancing urban transportation in India. The company operates an all-electric ride-hailing platform that promotes sustainable and reliable mobility services. BluSmart offers a range of services including ride-sharing, car-sharing, and shared charging for electric vehicles, enabling users to access electric cars while contributing to a future with zero tailpipe emissions. Through its comprehensive on-demand mobility platform, BluSmart seeks to facilitate the transition to more efficient and environmentally friendly transportation in Indian cities.
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.
Jupiter
Debt Financing in 2022
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.
Battery Smart
Debt Financing in 2022
Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, that focuses on providing advanced lithium-ion batteries for electric two and three-wheelers. Established in 2019, the company has developed a retrofittable 48V lithium-ion twin battery system compatible with various electric rickshaw and two-wheeler models. Its network allows EV drivers to swap batteries in approximately two minutes, effectively addressing common challenges such as range anxiety and the downtime associated with charging. By offering interoperable battery solutions, Battery Smart enables users to avoid the recurring costs of battery replacement while enhancing the overall convenience of electric vehicle use.
Kristal.AI
Series B in 2022
Kristal.AI is a digital wealth management platform that caters to both accredited and retail investors by providing access to curated portfolios managed by top portfolio managers. Established in 2016 by Asheesh Chanda and Vineeth Narasimhan, the company is headquartered in Singapore and has additional offices in Hong Kong and India. Kristal.AI is licensed by the Monetary Authority of Singapore, the Securities and Futures Commission of Hong Kong, and the Securities and Exchange Board of India. The platform offers a diverse range of investment options, including bonds, equities, hedge funds, and alternative investments, supported by a tech-enabled team of Relationship Managers and Investment Advisors. Clients can benefit from a fully digital onboarding process, allowing for efficient portfolio management without extensive paperwork. The platform's user-friendly interface enables clients to customize their investment strategies and access their portfolios at any time. Kristal.AI's proprietary advisory algorithm has demonstrated resilience during market volatility, enhancing client confidence in AI-driven investments and solidifying the firm's position in the fintech space.
Perfios Software Solutions
Debt Financing in 2022
Perfios Software Solutions Private Limited is a fintech company based in Bengaluru, India, with an additional office in Mumbai. Founded in 2008, it specializes in developing personal finance software applications aimed at assisting financial institutions in decision-making, analysis, and credit underwriting. The company offers a range of solutions, including the Statement Analyser for automating financial checks and data extraction, E-Verification for streamlining financial processes, and APIs for financial data aggregation. Its products also include a Dashboard to consolidate transactions from multiple corporate bank accounts, an Advisor solution for financial advisors, and a Money Manager Solution that provides a comprehensive view of personal financial status. Perfios serves a diverse clientele, including banks, non-banking financial corporations, digital lending platforms, mutual fund companies, and insurance firms, both in India and internationally.
HomeLane
Debt Financing in 2022
HomeLane is a home interior company based in Bangalore, Karnataka, that specializes in providing personalized interior design solutions for the urban Indian middle class. Founded in 2014, it has successfully delivered over 21,000 projects across the country, demonstrating significant expertise in helping customers realize their dream homes. The company offers a comprehensive range of services on a single platform, including interior design, modular furniture, decor products, painting, loose furniture, appliances, and home automation. HomeLane enables customers to visualize various design options in three dimensions and provides instant quotes, making the process of home interior design accessible and efficient.
91Squarefeet
Series A in 2022
91Squarefeet is a retail design and development company based in Haryana, India, founded in 2018. It focuses on addressing scalability challenges faced by offline businesses. The company provides a comprehensive platform that offers turnkey development solutions, including fixtures and fit-outs, as well as digital alternatives and maintenance services. By streamlining the retail store expansion process, 91Squarefeet enables brands to efficiently scale their operations and enhance their presence in the market.
BluSmart Mobility
Series A in 2022
BluSmart Mobility is a provider of electric shared smart mobility solutions aimed at enhancing urban transportation in India. The company operates an all-electric ride-hailing platform that promotes sustainable and reliable mobility services. BluSmart offers a range of services including ride-sharing, car-sharing, and shared charging for electric vehicles, enabling users to access electric cars while contributing to a future with zero tailpipe emissions. Through its comprehensive on-demand mobility platform, BluSmart seeks to facilitate the transition to more efficient and environmentally friendly transportation in Indian cities.
FabAlley
Venture Round in 2022
FabAlley is an online-to-offline high-end fashion platform that provides and sells women’s western apparel and lounge wear. The company sells its products and accessories through its website, online marketplaces, offline retail stores, and large format chains including Lifestyle and Shoppers Stop, among others. FabAlley was co-founded by Shivani Poddar and Tanvi Malik in 2012 and is headquartered in Noida, Uttar Pradesh, India.
Moeving
Seed Round in 2022
MoEVing is an electric mobility startup based in Gurgaon, India, established in 2021. The company specializes in developing a technology platform aimed at enhancing e-mobility for drivers and small fleet operators. It offers comprehensive solutions that encompass electric delivery vehicles, charging infrastructure, financing options, and analytics tailored for various sectors, including e-commerce, e-grocery, FMCG, logistics, and direct-to-consumer businesses. MoEVing's focus is on facilitating the transition to electric mobility, making it accessible and efficient for its clients while promoting sustainable transportation solutions.
PhableCare
Series B in 2022
PhableCare creates an ecosystem of patients, doctors, hospitals, health devices, insurance, and patient care service providers. In India, 1 in 4 people suffer from chronic ailments. Meanwhile, 80% of patients cannot comply to the treatment plan provided by the doctor leading to even more complications. This poses a huge burden on the healthcare system. Phable solves this by making care autonomous and predictive. Our AI-enabled health assistant significantly improves health outcomes by enabling disease-specific guidance and continuous monitoring.
BluSmart Mobility
Debt Financing in 2022
BluSmart Mobility is a provider of electric shared smart mobility solutions aimed at enhancing urban transportation in India. The company operates an all-electric ride-hailing platform that promotes sustainable and reliable mobility services. BluSmart offers a range of services including ride-sharing, car-sharing, and shared charging for electric vehicles, enabling users to access electric cars while contributing to a future with zero tailpipe emissions. Through its comprehensive on-demand mobility platform, BluSmart seeks to facilitate the transition to more efficient and environmentally friendly transportation in Indian cities.
Locofast
Debt Financing in 2022
Locofast is a rapidly growing B2B textile marketplace that focuses on efficient and sustainable fabric sourcing solutions for businesses globally. Headquartered in New Delhi, with additional offices across India and Bangladesh, Locofast utilizes technology to enhance textile procurement services, offering clients deep visibility and control over their supply chains. The company's platform supports fashion and lifestyle brands in launching new clothing lines and improving existing ones, covering aspects such as garment design and fabric procurement. With two rounds of funding secured, including Series B financing, Locofast is backed by notable investors and is committed to ensuring timely delivery of goods without interruptions.
TenderCuts
Debt Financing in 2021
TenderCuts is an online meat shop that delivers antibiotic-free, hygienic, and farm fresh chicken, free range goat, and seafood in 120 mins at the doorstep. It has its headquarters in Chennai in India.
Neemans
Debt Financing in 2021
Neemans is a footwear startup that offers natural fiber footwear for men and women. The company's products are made from natural and renewable Australian Merino wool that evaporates sweat and moisture and offers a lightweight, breathable, sock-free, and temperature regulating experience. It was co-founded by Taranjeet Singh Chhabra and Amar Preet Singh in 2018 and is based in Hyderabad, Andhra Pradesh, India.
GramCover
Series A in 2021
GramCover is an InsurTech marketplace focused on providing rural insurance products to farmers in India. The company aims to enhance insurance penetration in rural areas and reduce costs by utilizing technology and a unique distribution strategy. Its mobile insurance platform allows partners to digitally onboard customers at any time, offering various collection options tailored to the needs of rural clientele. GramCover employs extensive data sets and robust underwriting capabilities, leveraging systems like Jan Dhan and Aadhar to facilitate customer engagement. Additionally, the platform features a comprehensive risk analysis tool for crop insurance, enabling insurers and corporates to create personalized insurance products and improve risk assessment. Through these innovations, GramCover strives to make insurance more accessible and efficient for the rural population.
HomeLane
Series E in 2021
HomeLane is a home interior company based in Bangalore, Karnataka, that specializes in providing personalized interior design solutions for the urban Indian middle class. Founded in 2014, it has successfully delivered over 21,000 projects across the country, demonstrating significant expertise in helping customers realize their dream homes. The company offers a comprehensive range of services on a single platform, including interior design, modular furniture, decor products, painting, loose furniture, appliances, and home automation. HomeLane enables customers to visualize various design options in three dimensions and provides instant quotes, making the process of home interior design accessible and efficient.
Pocket Aces
Debt Financing in 2021
Pocket Aces Pvt. Ltd. is a digital entertainment company based in Mumbai, India, founded in 2013. The company specializes in creating and distributing engaging content across various mobile platforms. It operates several content channels, including FilterCopy, which focuses on short videos; Dice Media, dedicated to long-form web series; and Gobble, which offers food and lifestyle videos. Additionally, Pocket Aces runs LOCO, a live and interactive esports app that serves as a direct-to-consumer platform. The company leverages technology, including artificial intelligence and machine learning, to enhance its content and reach a diverse audience, particularly targeting young viewers with its innovative programming.
Awign
Debt Financing in 2020
Awign is a work fulfillment platform based in Bangalore, India, that specializes in providing a gig workforce and last-mile delivery services across various sectors, including education technology, hospitality, e-commerce, mobility, information technology, and financial technology. Founded in 2016 by IIT alumni Annanya Sarthak, Gurpreet Singh, and Praveen Sah, Awign offers a range of on-the-ground services such as auditing, assessments, proctoring, and business development for notable clients like Swiggy, ITC, and Bigbasket. The platform also addresses issues of unemployment and underemployment by offering work opportunities to college students, graduates, and women re-entering the workforce. Additionally, Awign focuses on skill development by providing internships and training programs that enhance professional skills in areas such as digital marketing and application development, enabling candidates to meet the demands of the job market while allowing companies to outsource tasks cost-effectively.
HomeLane
Debt Financing in 2020
HomeLane is a home interior company based in Bangalore, Karnataka, that specializes in providing personalized interior design solutions for the urban Indian middle class. Founded in 2014, it has successfully delivered over 21,000 projects across the country, demonstrating significant expertise in helping customers realize their dream homes. The company offers a comprehensive range of services on a single platform, including interior design, modular furniture, decor products, painting, loose furniture, appliances, and home automation. HomeLane enables customers to visualize various design options in three dimensions and provides instant quotes, making the process of home interior design accessible and efficient.
ZipLoan
Debt Financing in 2020
ZipLoan is a technology-driven online lending platform that focuses on providing small business loans to small and medium enterprises. Recognized as a registered non-banking financial company by the Reserve Bank of India, ZipLoan addresses the unique financial needs of small businesses, a segment often overlooked by traditional financial institutions. The platform employs an automated credit engine for risk assessment, allowing it to evaluate the creditworthiness of potential borrowers swiftly, often within minutes. This streamlined process enables small business owners to access unsecured loans, facilitating their growth and operational needs.
CredR
Debt Financing in 2020
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.
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