Tracking Pre-Series A and Series A deals that close in India every week
Links out to the the websites of the startup and its investors, along with LinkedIn profiles of the founders and fundraising news.
Clean-tech startup building a reusable packaging system for the food industry. The company replaces single-use containers with durable, traceable boxes that are collected, washed and circulated back into use. Designed for restaurants, corporate campuses and delivery platforms, InfinityBox’s containers can be reused hundreds of times, helping reduce packaging waste and the carbon footprint of food delivery. The company was at ₹17.8CR in FY25 revenue with minimal losess. ₹14.1CR Pre-Series A at ~₹87CR post-money, led by existing investor Rainmatter, along with existing investors AAR EM Ventures, Capital-A, and Dhyanesh Shah. Founded in Feb 2019, Bangalore based. Founders: Shashwat (IIT Kharagpur '19) started this part-time out of college, spent a year each at McKinsey and advisory firm SAGANA before shifting focus to InfinityBox; along with fellow alum Keshav who is IIT Kharagpur '22).
The scale of quick commerce in India is immense and has become table stakes for brands. This platforms runs their QC operations for them - it manages the backend infrastructure for rapid delivery, including dark store operations, inventory management and last-mile logistics. Positioned as an operational backbone, it enables brands to scale on QC without building the supply chain themselves. $8M Series A ($2M of which is venture debt) led by Prime , along with existing investors Shastra VC, Antler and Gemba who invested $3M in seed in Sep 2025. The company operates in six cities, operates 80 dark stores and manages 1.8M orders a month. Founded in Jan 2024, Mumbai based. Founders: CEO Sumit (BIT Sindri '03; SP Jain '10) was National Sales Head at Ola (six years) after 13 years across sales, marketing and engineering at Tata Motors + Jaguar Land Rover. He had a brief stint at ApnaKlub, where his co-founder Rupesh (Savitribai Phule Pune University '05; IIM Kozhikode '10) was Head of Product. Rupesh spent close to a decade as a Portfolio Manager and equity analyst at Goldman Sachs Asset Management. The company's other co-founders include Nikesh (Bombay College of Pharmacy '11; K J Somaiya Institute of Management '13) who was a Product Lead at Yes Bank and Regional Lead at Ola; and Mohsin (Univ. of Mumbai '05; Welingkar Institute of Management '17) who was at Meru for a decade and at Ola for seven (senior manager for Mumbai).
Export focused marketplace, offering engineering and precision manufacturing. The company operates as a single point of contact manufacturing partner for complex industrial requirements sourced from India and South East Asia by clients from a dozen countries including the US and UK. It has worked for more than 22 global enterprises and with over 300 suppliers. $6.6M Series A led by Z47, along with Nexus, AdvantEdge Founders, Stride Ventures. $3.5M seed led by Z47 and Nexus in Aug 2023. Founded in Mar 2023, Gurgaon based. Founders: CEO Karan (Delhi Univ. '08; Stanford '19) was previously the Director of BD and Strategy at Zume Inc (the American food packaging company which started out with pizza-making robots); co-founder Himanshu (IIT Kharagpur '13) was Senior Manager of Technology and Operations at Zume.
AI-powered music licensing marketplace built for content creators, filmmakers and brands. It offers a library of 12,000+ royalty-free tracks and sound effects, enabling users to legally source music without copyright risks. The platform also creates monetisation opportunities for independent artists by connecting them directly with commercial demand. Undisclosed amount from The Chennai Angels as part of its ongoing Pre-Series A round. Founded in Dec 2021, Mumbai based. Founders: CEO Gaurav (Thadomal Shahani '04; IIMA '06) was Co-Founder & CEO of creative agency Songfest; Head of Revenue Meghna (Dr. DY Patil Vidyapeeth '13) was Co-Founder & CMO of Songfest and held Head of Marketing roles at HUBILO and co-working company YesssWorks.
Quick commerce platform with a network of dark stores that deliver construction and interior materials to homeowners, contractors and architects within 60 minutes in Bangalore, using an all-electric fleet. The company delivers essentials like cement, electricals, plumbing supplies, hardware and paints. Was at ₹35CR annualised GMV in Nov 2025. ₹60CR Series A led by Sorin Investments along with Titan Capital Winners Fund, Sparrow Capital, Consumer Collective by Atrium and Helios Holdings. Raised a ₹9CR seed round in Nov 2025 from Titan, Sparrow, Atrium. Founded in Jun 2024, Bangalore based. Founder & CEO Pukhraj (IIT Roorkee) was Co-Founder & COO at both Project Hero (marketplace for construction workers) and at Tornado (a general contractor).
IOT based asset management systems for multiple industries - construction, warehousing, agriculture, mining and ports. Customers include Tata Motors Gensets, Mahindra Powerol, Jindal and Tata Steel. $2.77M Series A round. $1.2M Pre-Series A round by YourNest in Oct 2023. Founded in Jan 2021, Bangalore based. Founders: CEO Amiya (NIT Rourkela '14) founded Phoenix Robotix (smart city and industrial IoT) in 2015, along with CTO Nataraj (also NIT '14); Product Head Asish (NIT '16) was a Product Designer at Phoenix while Sales Head Amrit (Sharda Univ.) was an angel investor in Phoenix.
Manufacturer of embedded electronic systems for automotive and consumer appliance customers. It manufactures motor controllers, DC-DC converters and regulator rectifiers for automotive OEMs, along with control systems for consumer appliances, and battery pack assemblies for EVs and drones. Manufacturing in Gurgaon with a new plant in Goa. ₹40CR raised in additional funding, closing its extended Series A round to ₹75CR. Other investors in the round: Vimson Group, Global South Capital. Founded in Jan 2017, Gurgaon based. Founders: Rishab (City of Glasgow College '00) was chief engineer at Dole Fresh Fruit in Canada; no prior information available on co-founder Sameer.
Phygital marketplace that simplifies apparel sourcing for retailers, especially across Tier II and III cities. The platform connects retailers to manufacturers through a blend of physical experience centres and a digital supply chain layer. ₹150CR (~$17M) Series A funding led by Cactus Partners, along with new backer Zephyr Peacock and existing investors Jungle Ventures, Accion Venture Lab and NBD Ventures also doubling down. Founded in Aug 2020, Noida based. Founders: CEO Abhishek (Thapar Institute '10; IIM Lucknow '14) and CFO/CSO Shubham (Visvesvaraya National Institute of Technology '10; IIM Lucknow '14) founded Flavicon Eco Boards (eco friendly particle boards, as the name suggests) in 2015.
Textile and apparel manufacturer specialising in premium woven and knitted fabrics, best known for corduroy and velveteen. They are big on sustainability and staying abreast with emerging global trends with their in-house R&D team. ₹200 CR series A round from the Lohia Family Office, operated under Indorama Capital Holdings Pte. Ltd. No information available on their founders- Arun Jain, Rajender Jain and Anil Jain.
Omnichannel platform that simplifies how interior materials are sourced. Built for architects, designers and homeowners, it brings a large, curated catalogue of tiles, laminates, surfaces and fittings onto its marketplace, supported by 3D visualisation tools and three physical experience centres in Bangalore (with a heavy focus on private label brands). Will open 30 more centres in multiple cities in the next 12-18 months. By connecting projects directly to manufacturers and handling logistics in-house, Material Depot cuts friction in procurement while offering transparent pricing and faster delivery. $10M Series A co-led by Accel and Stellaris, along with Whiteboard Capital, DeVC, Soma Capital, MyAsiaVC and angels Ramakant Sharma (Livspace), Ankit Nagori (Curefoods), Shashvat Nakrani (BharatPe), Niraj Singh (Spinny), Abhishek Goyal (Tracxn). Part of YC Winter '22, $4M raised from YC and others in the prior round. Founded in Jul 2021, Bangalore based. Founders: Sarthak (IIT Bombay '16) was previously an AVP at Flipspaces (interior design/project execution); Manish (Blekinge Institute of Technology '15) is from BCG.