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.
On-demand recycling platform for households and companies to arrange doorstep pickup of their e-waste, paper, metals, cartons, plastics, textiles and even end-of-life vehicles. It has recycled over 20 million kilograms of waste worth more than ₹45CR, has 350K app downloads and has completed 300K pickups. It contracts with 200 informal workers. ₹22CR (c. $2.2M) Pre-Series A round co-led by Orios and Acumen Fund. Other investors in the round: Upaya Social Ventures, Venture Catalysts, We Founder Circle, Soonicorn Ventures, Bharat Jaisinghani (Polycab). Featured on Shark Tank Season 2, has raised ₹3CR in a seed round prior to this round. Founded in Jul 2019, Delhi based. Founder Mukul (Indraprastha Institute of Information Technology '20) co-founded DroneMed (UAVs) in college before starting ScrapUncle.
Chain of clinics to address chronic pain - knee, back, shoulder and neck pain - which effect 20% of Indians. The clinics offer a combination of expert pain consultations, minimally invasive procedures, physiotherapy and guided lifestyle interventions. Clinics are in Delhi and Mumbai with satellite clinics in markets like Jaipur and Lucknow. They have completed more than 40,000 patient consultations and around 5,000 minimally invasive procedures so far. $7M Series A led by Sorin, along with existing investors W Health Ventures, Endiya Partners, Rebright Partners who led the $4.25M seed round in Feb 2025. Founders: Nivesh (UCLA '01; Wharton '10) previously built Medbay (fintech in healthcare space) and was COO at Ridge IVF; Vishwas (IIT Kanpur '06) is from ops roles at PayU, Shuttl, 1MG, HealthKart. Comps: FlexifyMe, OSSO.
Re-commerce startup building a full-stack platform for refurbished consumer electronics. The company sources, repairs and resells premium devices, primarily Apple iPhones, MacBooks and iPads, offering quality-checked, warranty-backed products at lower price points. With its own large refurbishment facility and a growing online-plus-offline retail footprint across India, Grest is positioning refurbished electronics as a reliable, mainstream alternative while pushing a more circular, lower-waste model for consumer tech. ₹16CR in a growth round led by Equentis Wealth, along with JIIF, The Chennai Angels, India Accelerator, Lead Invest, 8i Ventures. Seed round of an undisclosed amount led by India Accelerator in April 2025. Founded in Oct 2018, Gurgaon based. Founders: CEO Shrey is ex-L&T and Punjj Lloyd; COO Nitin is a former telecoms engineer (ZTE, Nokia Siemens, Ericsson). Comps: Cashify (selling all brands) did ₹935CR (~$100M) of revenue in FY24.
Bangalore based microbrewery that brings together craft beer, vinyl culture, and a modern food program under one roof. Positioned as India’s first vinyl-themed brewpub, the space pairs small-batch beers and vinyl-era cocktails. $2.2M Series A self-funded round from Optimistic Capital, a ₹200CR fund focused on owning and operating craft beer brands and microbreweries. Founder Karthik (Rochester Institute of Technology '06, ISB '17) is both the co-founder of 33&Brew as well as of Optimistic Capital.
Community-led travel company that designs and runs group trips for young, experience-seeking travellers. The brand focuses on curated, offbeat journeys across India and overseas, covering everything from road trips and treks to custom group and corporate travel. It has bootstrapped its way to a ₹100CR gross revenue business. By managing the entire travel stack, from planning to on-ground execution, it is a social, hassle-free way for millennials and Gen Z to explore the world beyond typical tourist routes. ₹54CR / $5.9M Series A round led by DSG and Client Associates Alternate Fund. Founded in Jul 2018, Delhi based. The four founders are National Institute of Technology Kurukshetra grads, who had very brief stints after college before starting WanderOn.
Used-car subscription and leasing platform, providing certified pre-owned cars on monthly plans with no down payment, bundling insurance, maintenance and roadside assistance. Their goal is to offer a flexible, hassle-free alternative to traditional car ownership or rental. Powered by a fintech layer, it also enables partners to offer flexible car subscriptions while reducing cost and risk for end users. The company claims a 70% year-on-year growth, currently oversees a fleet of more than 1,000 vehicles, and has crossed ₹100 crore in assets under management. ₹18CR pre-series A round, led by LC Nueva with participation from Mufin Green and Anupam Finserv. Founder Tarun was previously an entrepreneur in residence at Technology 9 Labs. Co-founder Sameer was previously the VP of auto business at Clix Capital.
Food and beverage company building a portfolio of homegrown consumer brands anchored in craft and quality. Best known as the parent of Maverick & Farmer Coffee and Square Burgers & Co., the company operates an end-to-end model that spans sourcing, product development, retail and hospitality. Its focus is on creating scalable Indian F&B brands that stay rooted in origin, experimentation and long-term brand value rather than quick expansion. $1.5M in an ongoing pre-series A round led by CreedCap, with participation from Rohan Bopanna (Indian tennis player), Rahul Dravid (former Indian cricket team captain) and Meraki Sport & Entertainment. No previous information available on the founder and general manager- Ashish and Tej respectively. Partner Sreeram was previously a director at Origami Creative Concepts.
Co-living startup with a full-stack rental platform offering fully furnished, ready to move in rooms/homes with flexible lease terms in Bangalore . It manages 360 residents across 150 homes, with 90-9% occupancy rates and average customer stays of 14 months. It removes common friction points such as brokerage fees, large security deposits and landlord coordination for tenants, while offering homeowners predictable returns and end-to-end property management. ₹17CR Pre-Series A round led by Incubate Fund Asia, along with WEH Ventures, Twin & Bull Family Office, Stride Ventures, 91Ventures, Untitled VC, as well as 40 landlords and tenants on the platform. Alongside a ₹4CR debt raise. Founded in Oct 2023, Bangalore based. Founders: CEO Shail (IIT Kharagpur) and CPO Rishabh was co-founders of Slaash (AI-based CRO tool for D2C brands); COO Mayank (also IIT Kharagpur) was a software engineer at Cisco.
HealthTech company built around a managed-care model that combines health insurance with ongoing medical support. Instead of standalone coverage, it offers a subscription-style membership that includes unlimited doctor consultations, diagnostics, and cashless hospitalisation coverage of up to ₹50 lakh across partner hospitals. The platform emphasises preventive and continuous care, especially for chronic and lifestyle conditions alongside everyday medical needs. It is moving towards a managed care model and opened its firs hospital in Bangalore. $20M extended Series A round led by existing investors Lachy Groom and Alpha Wave, along with new investor Sharrp Ventures, following on its $30M Series A in Nov 2024 which includes Khosla Ventures. Founded in Apr 2020, Bangalore based. Founders: Mayank (Oxford '14) was previously the Co-Founder of Compass News (in the UK); Matilde (Luiss Guido Carli University '14, LSE '15) was also the Co-Founder of Compass News and a Principal at Hambro Perks (VC); Alessandro (UCL undergrad '13 and Master's '14) has a PhD in Machine Learning from Cambridge ('21).
Operates NeuroEquilibrium, a wholly owned subsidiary and network of vertigo care and dizziness diagnostic and rehabilitation clinics. It operates 300 clinics across India and 16 countries that diagnose and treat chronic neurological conditions such as vertigo, dizziness, migraine and tinnitus. Instead of managing symptoms alone, the platform focuses on identifying the underlying cause, whether linked to the inner ear or the brain and delivering targeted, protocol-driven therapy. ₹104CR funding led by Carnelian Asset Management LLP, with participation from other investors. Founded in Aug 2019, Jaipur based. Founders: Rajneesh Bhandari (IIT Delhi '89) is the Founder of Cosmo Infrasolutions (telecom infra service provider); Dr. Anita Bhandari is a neurotologist who worked as an assistant professor at SMS Medical College from 1997 to 2006.