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.
Operates bubble tea brand Bobaka. The company operates 14 compact-format outlets across food courts and high streets, with a range of fruit-based iced teas, milk teas, matcha drinks, and boba shakes. The company plans to open 30 stores this financial year, followed by 50 each in the subsequent two years, targeting ₹100CR annualised revenue by that time. Most stores are currently in Mumbai. ₹6CR Pre-Series A round by undisclosed investors. Founded in Mar 2023, Mumbai-based. Founders: CEO Rupali founded packaged tea brand TCW (Tea Culture of the World) Tea in 2010; Co-Founder Sannjeev (The Wharton School '12, Cornell '17) was CEO of Being Human Clothing, with senior BD roles at Raymond and at the Landmark Group. He was Vice-President for Apparel Operations & Business Development at Jubilant Retail for ~seven years.
Sports-tech platform enabling on-ground live production and streaming of local sports events. It provides tools for tournament organisers and clubs to capture, broadcast, and analyze matches, while giving emerging athletes greater visibility, and drawing in funding to local sports associations. It has streamed over 500,000 matches across 30 countries and reaches an audience of over 100 million viewers globally. A cloud production suite offers live sports production from mobile cameras, professional cameras and smart automated cameras. Its cloud studio offers multiple camera angle streaming, detailed scoring for over thirty sports, custom scoring graphics, automated highlights, live commentary, and integrated advertising options. The company also has an OTT platform streaming these matches. This round will help it scale from 100K to 500K matches annually. ₹32.7CR round led by IAN Alpha Fund, with participation from Anicut Capital, Lets Venture, Capital-A, Succeed Innovation. Founded in 2019, Mumbai based. Founders: CEO Sidhhant (University of Mumbai '12) was at Pirhoalpha Research (air quality and other indoor monitors) for eight years; COO Yash (Savitribai Phule Pune University '17) was previously in Accenture for a year, before which he was a junior project manager at Pirhoalpha Research for less than a year; CMO Shubhangi (University of Mumbai '16) was the founder of EthKnits, a crochet clothing and accesories brand, for a decade.
eCommerce marketplace focused on proteins and supplements, with 10,000 products across 450 brands. It combines content, discovery, and assisted shopping to help consumers make informed health choices. The product line includes supplements, health foods and beverages, fitness gear, weight management items and sexual health items. The company will build a dark store network for faster deliveries, with this round. HyugaLife’s parent company Pratech Brands, also owns Inaari, a natural healthcare brand supporting hormonal balance. $10.6M Series A. The company raised $6.3M at seed from Peak XV, Spring Marketing Capital in 2024. Founded in 2021, Mumbai based. Founders: Sachin (Univerity of Mumbai '04, University of Massachusetts Dartmouth '06, University of Michigan '12) was at Nykaa for five years, where he was CFO and ran Nykaa Superstore, their B2B platform; CBO Anvi (Institute of Chemical Technology '12, Cambridge Judge Business School '17) was at Unilever (a year in business development) and Amazon (two years as a category manager) and was an Executive Director at family owned Prasol Chemicals; Neehar (Institute of Chemical Technology '12, Said Business School '17) was at Amazon for four years as a product manager.
Legal-tech startup which started out with a focus on the mobility sector and is expanding into finance, real estate, healthcare. It has two offerings - LOTS247, which is a roadside legal assistance platform with a network of lawyers available on call or at the accident site 24/7; and ChallanPay, a unified platform to find, resolve, and track traffic challans across all states/enforcement authorities. . $2.5M Pre-Series A co-led by Rainmatter and Turbostart, along with participation from its existing investor Finvolve. In December 2025 the company raised a ₹8.5CR round, raised on Zee TV's entrepreneurship show Ideabaaz from Pawan Jaggi (Peakzi), Sandeep Sharda (Miracle Systems), Priyanka Salot (The Sleep Company), Arjun Vaidya (V3 Ventures). Founded in May 2018, Gurgaon based. Founder & CEO Himanshu (Punjab Engineering College '99; IIM Calcutta '15) is a software engineer by background who was at LexisNexis India (the global content and tech provider focused on legal research) for 10 years, most recently as Associate Director of Online Solutions.
Recommerce platform offering certified refurbished iPhones at more affordable prices. Current scale not disclosed. As of Sept 2025 (during its last round), the company retailed online and through 60 stores, and had a 20,000 sq. ft. in-house refurbishment lab. In FY25 it had sold 15,000 devices across its omni-channel network with ₹26 crore in revenue. It partners with over 15 suppliers including Flipkart, Croma, Reliance Digital, Sangeetha Mobiles and Apple premium resellers. Products undergo 60 quality checks and come with a six month warranty. Pre-Series A of an undisclosed amount from Japanese VC ICMG. The company raised a ₹16CR round in Sep 2025 from Equentis, The Chennai Angels, Lead Invest (a mix of equity and debt, and either a seed extension round or Pre-Series A following its seed round in April 2025 from India Accelerator. Founded in Oct 2018, Gurugram based. Founders: CEO Shrey (MDI, Gurgaon '16) was previously a business manager at iQor for a year, before which he was at Punj Lloyd Limited for three years. Nitin (MDI Gurgaon '18) was previously at Nokia as a NPO Specialist for a year, before which he was a senior network engineer at Ericsson for four years.
AAA game studio building its flagship title, eCricket, which is slated for release on mobile this year. The game will feature tactical batting and bowling systems, physics-driven gameplay (i.e. real time simulation of physical laws in the real world), AI commentary, and broadcast-style presentation. It has secured global player roster rights for over 600 professional cricketers, including Chris Gayle, Joe Root, Ben Stokes, Kane Williamson, Pat Cummins, Jos Buttler, Travis Head, and Andre Russell. It is also building Escape.ai, a creator marketplace and distribution platform. $11M Pre-Series A led by Blume, V3 Ventures, MIXI, Times Internet. The round also saw participation from Indian cricketers including MS Dhoni, Jasprit Bumrah, Shreyas Iyer, Ravindra Jadeja, Tilak Varma, Sai Sudharsan, and Hardik Pandya. It last raised an $8.5M seed round in Apr 2024 led by Blume, along with MIXI and Gemba. Founded in 2024, Bengaluru based. Founders: CEO Karan was previously CMO at Unacademy for a year, before which he was the head of brand marketing at Xiaomi India for four years. CPTO Anurag (Jaypee Institute of Information Technology '05) was the CTO of LivingCities for a year, before which he was at Improbable for four years. CPO Tina (XLRI Jamshedpur '07) was previously at Unacademy for three years, before which she was at Tencent Games as the HR head for India for two years.
Vehicle servicing platform that connects car owners with verified service centers. It enables booking, upfront pricing, and real-time tracking of repairs, making the maintenance process more transparent and convenient. ₹2.4CR Pre-Series A from undisclosed investors. Founded in 2019, based in Faridabad. Founder & CEO Pawan (VBS Purvanchal University '08) was previously the head of sourcing and supply chain at Lohia Auto for 2 years.
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.