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.
Subscription based smart water purifiers for urban households. The company has a rent-to-own model that removes upfront costs while including installation, maintenance and relocation. 80% of customers are first-time purifier users, shifting over from bottled water. Revenue went up from ₹47CR in FY24 to ₹72CR in FY25. ₹20CR in an unnamed funding round by Artha Venture Fund and Mirabilis Investment Trust. It had raised a ₹21CR Pre-Series A from Peak XV Surge in 2021, followed by ₹60CR in equity and debt from Omidyar in 2022, and $3M from SIDBI in 2024. Founded in Nov 2015, Bangalore based. Founders: CEO Vijender (Sreenidhi Institute of Science and Technology '10; IISc '12) worked on Compilers and Performance Analysis for three years at AMD before co-founding WaterWala (hyperlocal delivery of 20L cans); co-founder Manas (VTU '08; Pondicherry Univ. '11) held biz dev roles at Sonata Software and DWP Global. Comps: LivPure Smart, Zunpulse, OCEO.
QSR brand focused on bubble tea and Korean street food, across 95 outlets. The company is expanding in Tier 1 and select Tier 2 cities, and also has a packaged snack offering available omnichannel/on quick commerce. Revenue has grown from ₹5CR in FY24 to ₹30CR in FY25 to an estimated annualised ₹100CR in the next two months. ₹40CR round led by existing investors 8i Ventures, Titan Capital Winners Fund and Global Growth Capital, with participation from BIG Capital and angel investors. This follows on a Series A raised 12 months ago. Founded in Oct 2023, Bangalore based. Founder Dhruv (Western Sydney Univ. '17; The University of New South Wales MBA '22) built Grabox, a data driven sampling platform in Australia, before joining acquirer GBR Technologies, where he built their global QSR chain Geezy.
Zero-commission ride-hailing platform which was developed by fintech company Juspay and is integrated into ONDC. The company monetizes through driver subscriptions, rather than commissions. As of September 2025, its revenue was 55% autos, 40% taxis and 5% bike taxis, it had two plans for autos (₹25 a day, or ₹3.3 per ride) and it had enabled ₹2,033CR in earnings between its Nov 2022 - Sep 2025. $4.4M Pre-Series A extension led by Vimal Kumar (Juspay), with participation from existing investors Blume Ventures and Antler, along with Navin Dalmia, Plutus Investment Trust, Phi Investment Partners. It raised its $11M Pre-Series A from Blume, Antler, Google in July 2024. CEO Magizhan (College of Engineering, Guindy '06; IIM Bangalore '16) was CPO at Juspay (a decade); COO Shan (College of Engineering, Guindy '03; IIM Bangalore '08) was CEO of HiveMinds (part of Madison World) for a decade, before joining Juspay as Chief Growth Officer. Competes with Uber, Ola, Rapido.
Clean-label beverage brand which operates 70 retail touchpoints in NCR, Bangalore and Chandigarh, including compact kiosks and its proprietery automated beverage machines. Its machines can be deployed in offices, hospitals, universities and malls. It aims to get to 1,000 touchpoints in the next three years. It is positioned as a healthier alternative to fast food, with natural ingredients and preperation on the spot. $1.5M Pre-Series A round from Whiteboard Capital, Brigade REAP, Barbershop Fund, along with Deep Bajaj (Sirona), Siddharth Kothari (Om Infra) and other angels. Founded in April 2021, Delhi based. Founders: CEO Harshita (IIT Delhi '18) was at BCG for ~two years before starting Basil; CTO Akshay (Savitribai Phule Pune University '16; VIT '18) was at Capgemini and Xook (automated fresh food kiosks for the US) for two years each.
South Indian food brand recreating traditional homemade-style sweets and savouries. Its portfolio covers classic snacks, filter coffee, nutri-milk mixes, all made using clean ingredients. Positioned around “un-junking” everyday indulgence, the brand eliminates palm oil, maida and preservatives. FY25 revenue was ₹46CR. ₹30CR in its Series A extension from existing investors Peak XV Partners and Fireside Ventures. Founded in May 2015, Chennai based. Founders: CEO Nalini (Anna University; College of Engineering, Guindy MBA '11) started out as a Quality Analyst at Royal Bank of Scotland and was a product owner at IDP Education (global student placements) till 2022, alongside building Sweet Karam; CMO Veera (Arignar Anna Institute '14) was at Accenture (team lead) and Google (digital marketing lead) till 2023, alongside building Sweet Karam; co-founder Anand (College of Engineering, Guindy '09) was at Unilever for 12 years (heading demand and supply planning across categories for South India).
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).
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.
Tech-enabled sports startup working to make organised sports more accessible. The company operates a network of large, multi-sport centres (both owned and franchised) across Hyderabad and Vizag, offering international-standard facilities for badminton, squash, basketball, football, swimming and more. Alongside this, it runs a structured academy that provides professional coaching for both children and adults. Its platform also hosts tournaments, corporate sports events and a sports retail offering. Aims to scale to 300 centres in the next five years. ₹7CR Pre-Series A led by Raj P Narayanam (Zaggle) and Aditya Vuchi (VCMint), walong with Praveen Raju (Suchitra Academy) and others. Founded in May 2016, Hyderabad based. The two founders are brothers. CEO Aditya (Osmania University '01; IIM Calcutta '03) worked at United Breweries before founding Thinkcell Learning Solutions (test prep institute with centres in 50 cities); Siddharth (Osmania University '99; XIME Bangalore '05) founded CADVision Engineers (services firm)
Petcare startup offering veterinary care through a hybrid model. It combines at-home vet visits and 24/7 multispecialty hospitals (with three operational in Bangalore and four more set to open this year), making quality pet care more accessible, convenient and alway available. It has treated 30,000 pets and performed more than 1,000 surgical procedures over the last year. $3.3M/₹30CR Pre-Series A round, with ₹20CR in equity and ₹10CR in debt. Led by V3 Ventures, along with Campus Fund and Thackersey Family Office, angels Yatin Shah and Karan Bhagat (360 ONE Wealth) and Gautam Dalmia (Dalmia Bharat Group). Founded in Oct 2023, Bangalore based. Founders: CEO Utsav (Delhi Univ '22) is from E&Y and Navi; co-founder Yash (SRTMUN - Swami Ramanand Teerth Marathwada University '21) is also from Navi.
Fashion quick commerce. The platform delivers products from 200+ premium brands within 60 minutes, positioning fashion shopping with the same speed and ease as food delivery. Built for last-minute needs, ZILO offers features like try-at-home, instant returns and 24/7 service in Mumbai and will now expand to more cities. $15.3M Series A led by Peak XV Partners (with $8M), with participation from existing investors InfoEdge Ventures and Chiratae who led the $4.5M seed in Jun 2025. Other investors in the round include Alteria Capital, Stride Ventures, and angels Lalit Keshre (Groww), Kunal Shah (CRED), Sachin Oswal (Originity), Ayyappan R (FirstClub), Abhishek Bansal (Shadowfax), Sreevathsa Prabhakar (Servify), Preeta Sukhtankar (Foxtale, Luma Fertility). Founded in Feb 2025, Mumbai based. Founders: CEO Padmakumar was VP - Fashion at Flipkart; and a Board Member and Head of Apparel & Fast Fashion at Myntra for eight years; after over a decade at Shoppers Stop; co-founder Bhavik is an engineer who was Senior Director of Product Management at Myntra for over six years. Comps: Slikk Club (Lightspeed, Nexus), M-Now (by Myntra), KNOT (12 Flags, Kae Capital, Boundless).