SERIES A TRACKER

Tracking Pre-Series A and Series A deals that close in India every week

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Links out to the the websites of the startup and its investors, along with LinkedIn profiles of the founders and fundraising news.

Managed marketplace connecting farmers, biomass aggregators, biofuel manufacturers, and industrial consumers to digitise India's biomass supply chain. A network of 'biomass banks' source, store, and distribute agricultural residue to industrial buyers. The company reported operating revenue of ₹160CR in FY26, up over 3x from ₹52CR the prior year, and currently operates 80 biomass banks across 10 states. ₹35CR in a bridge round led by Pooja Unichem LLP, with participation from Varanium Venture, Rajeev Kumar and Karma Capital Advisors. The company raised its Series A from Spectrum Impact in 2024. Founded in 2020, Pune-based. Founders: Suhas (VNIT Nagpur, Mechanical Engineering '88) was MD - South Asia at Konecranes (€4.2B global leader in crane manufacturing and servicing), before which he was President & CEO of Pennar Industries (₹3,000CR engineering and manufacturing conglomerate). Ashwin (Indian Institute of Foreign Trade, Masters in International Business '98) was VP Customer Delight and VP Customer Success at Icertis, before which he spent a decade at Triple Point Technology.

Founders
July 14, 2026
Fundraise news
Investors
Wk 29 (13-19 Jul)

Electric mobility company developing scooters aimed at family commuters and gig workers. The company will soon commercially launch its 3 TRION electric scooter, a modular electric scooter that uses software to improve vehicle safety, reliability, charging and ownership experience. ₹100CR Series A led by BluVenture Holdings (Singapore based, wholesale specialists in fresh and frozen seafood). Founded in Sep 2024, Bengaluru-based. Founder & CEO P. Sanjeev (Univ. of Madras) was a Business Head - EV at TVS Motors, prior to which he was with Greaves Electric Mobility, serving as COO of their two wheeler division. Prior to this year he spent 14 years in leadership roles at Huawei's Consumer Business Group, starting out as a technical sales manager and rising to India Business Head for Huawei's B2C business.

Founders
July 15, 2026
Fundraise news
Investors
Wk 29 (13-19 Jul)

Green packaging engineering company offering sustainable packaging solutions for industrial supply chains, using a combination of proprietary materials, space optimisation, and a design-to-cost methodology (meaning, the packaging is deliberately designed to meet a target cost from the outset). This helps manufacturing clients reduce their packaging carbon footprint by up to 93% and total packaging costs by 10–15%. Clients include Tier 1 suppliers to auto OEMS, including JLR, General Motors, Stellantis, Mahindra, Kubota, and Vinfast. The company also makes lithium ion battery packaging, heavy duty export packaging, returnable and expendable packaging. This round will be to expand into clients across steel, defence, and broader industrial supply chains. ₹40CR Pre-Series A led by Rainmatter, with participation from Rockstud Capital. Founded in Dec 2018, Pune-based. Founder & MD Ramesh spent over six years at FCA Fiat Chrysler Automobiles as Head of Metallic Commodity for the Jeep and Fiat brands in Pune, and prior to that spent over 12 years at Mahindra and Mahindra across roles spanning International Operations & China Global Sourcing and Component Development.

Founders
July 7, 2026
Fundraise news
Investors
Wk 28 (6-12 Jul)

Leading battery recycling and critical mineral recovery company which uses its proprietary Net Zero Waste, zero emissions hydro-metallurgical process to extract battery-grade Lithium, Nickel, Cobalt, and Manganese from end-of-life lithium-ion batteries and manufacturing scrap, reintroducing them into the domestic battery supply chain to enable a circular economy for critical minerals. ₹105CR Series A led by IvyCap Ventures, with participation from existing investors Zephyr Peacock, Mankind Pharma Family Office, Excel Industries Family Office, and JITO. Founded in 2020, Gurugram-based. Utkarsh (BML Munjal University, BS Computer Science ’18) previously worked as Business Head for European and North American Markets at CNS Comnet, and prior to that as Operations and CSR Lead at the Raman Kant Munjal Foundation. Vikrant (BML Munjal University, BTech Mechanical Engineering ’19) conducted research in lithium-ion cell fabrication at university and co-founded Batene India (structural engineering consultants) during this time.

Founders
July 2, 2026
Fundraise news
Investors
Wk 27 (29 Jun-5 Jul)

DeepTech startup developing proprietary liquid desiccant-based AC and dehumidification systems for industrial applications, using a process that removes moisture directly from air, cutting the energy consumed in humidity control by up to 50% compared to conventional cooling systems, without harsh chemicals. They serve sectors like pharmaceuticals, semiconductors, electronics, battery manufacturing, food processing, chemicals, and textiles where precise, energy-efficient humidity control is critical. $1.05M Pre-Series A led by Transition VC. Founded in 2021, Mumbai-based. CEO Sudarsan M S (IIT Madras, BTech Mechanical Engineering ’20) previously served as a Tata Trusts’ Entrepreneurs for Impact (e4i) Fellow at Social Alpha for approximately a year, and prior to that as Head of Project Management at the Centre For Innovation (CFI) at IIT Madras for over a year. CTO Srihari (IIT Bombay, MTech Mechanical Engineering ’23; Rajalakshmi Engineering College, BE Mechanical Engineering ’18) previously served as Project Technical Assistant at the Heat Pump Laboratory at IIT Bombay for approximately four years (concurrent with his MTech research), and prior to that as Research Assistant at IIT Madras for approximately a year.

Founders
July 1, 2026
Fundraise news
Investors
Wk 27 (29 Jun-5 Jul)

Recycling company working across e-waste, batteries, glass, and other end-of-life material streams, with a focus on recovering critical, precious, and high-value materials such as indium, tin, and rare earth elements from discarded products. They have two recycling facilities and have channelised over 1,50,000 metric tonnes of waste. They work with over 50 corporations including Apple, Dell Technologies, Cisco, and Canon on recycled-content and sustainability goals. Karo Sambhav operated for 9 years without any external venture capital before this round. $6M Pr-e-Series A led by Rainmatter. Founded in 2017, Gurugram-based. Founders: Pranshu (KIT's College of Engineering Kolhapur, BE Environmental Engineering '00) was at Nokia for nearly 10 years and the Director of Digital Learning Strategy at Microsoft for two years.

Founders
June 18, 2026
Fundraise news
Investors
Wk 25 (15-21 Jun)

Green chemical propulsion systems for the global small satellite market, offering an indigenous, non-toxic alternative to conventional satellite thrusters. Its flagship CUBEHOOD module is a plug-and-play propulsion system, designed for safer and more sustainable space missions. Incubated at IIT Kanpur, with an active contract with ISRO for technical support on its first in-orbit demonstration mission planned for 2026. ₹10CR pre-Series A round led by 247VC and Campus Angels Network, with participation from Chandigarh Angels Network and other angel investors. Founded in 2022, Chennai-based. Founders: Hari Krishnan KJ (Indian Institute of Technology, Kanpur, PhD Aerospace; Hindustan University, BTech Aerospace Engineering '21)- no previous work experience available. Rogith (IIT Kanpur; Hindustan University, Bachelor's Aeronautical/Aerospace Engineering '21) did a 2-month internship at MLR Institute of Technology in 3D modelling and flight simulation before co-founding Dream Aerospace.

Founders
June 13, 2026
Fundraise news
Investors
Wk 24 (8-14 Jun)

Seafood export startup that connects small shrimp farmers directly with domestic and global buyers through a fully integrated, tech-enabled supply chain. Exports largely to China, Vietnam, Japan. AI and data-driven tools help farmers with water quality monitoring, feed discipline, disease early-warning systems, harvesting coordination, processing, and export logistics, all under one platform. This round will help set up a state of the art processing facility and scale its network from 6K to 15K farmers across Odisha (where it began), Andhra Pradesh, and West Bengal. ₹45CR Series A led by NABVENTURES (via its AgriSURE Fund), with IAN Alpha Fund. NABVENTURES is the venture arm of NABARD. This was initially announced in April 2026 as a $2.7M round which appears to have now gotten larger. Founded in 2023, Bhubaneswar-based. Founders: Founders: Co-Founder & CEO Abhishek (Orissa University of Agriculture and Technology '13; IGNOU Master's 16) was at aquaculture tech company Aquaconnect as AVP for Exports and worked at aquaculture non-profit Solidaridad Network; Co-Founder & CGO Abhilash (Utkal University '14 was a regional business manager at agriculture sciences business FMC Corporation, was a state activation manager at Bayer Crop Science and a territory manager at Syngenta; no prior information available on Founder Ananya.

Founders
June 2, 2026
Fundraise news
Investors
Wk 23 (1-7 Jun)
Apr 7

Collects used cooking oil from businesses and converts it into biodiesel. It provides waste management solutions to restaurants and food manufacturers while enabling sustainable fuel production. $2.5M Series A led by Fundalogical Ventures, along with Caspian Impact Investment, Momentum Capital, and existing investor The Chennai Angels. Founded in Nov 2019, Delhi based. Founders: Sushil (Symbiosis International University '09) was a supply chain manager at Admirals Trading LLC (F&B manufacturer and distributor in the UAE) for 10 years, before which he was a supply chain manager at IFFCO; Kirti (MBM Jodhpur '06) was a supply chain specialist at Gourmet Gulf LLC (operator of F&B chains in Dubai) for a year, before which she was a supply chain specialist at Knight Frank.

Founders
April 7, 2026
Fundraise news
Investors
Wk 15 (6-12 Apr)

EV financing and asset management platform. Its services include leasing, asset management, maintenance, roadside assistance, and recovery. It has enabled financing for over 25,000 EVs across two-wheelers, cars, buses, and trucks. $6.4M Series A led by IvyCap Ventures, along with existing investors Asian Development Bank, Advantedge Founders, as well as Trucks Venture Capital. The company raised $3M in March 2025. Founded in Apr 2023 in partnership with Grip Invest, Gurgaon based. Founder and CEO Kunal (IIM Bangalore '05) was previously the CEO of CARS24, was Executive VP at Bain Capital, and was MD and CEO of CEAT Specialty Tyres. He started out at BCG (eight years).

Founders
April 10, 2026
Fundraise news
Investors
Wk 15 (6-12 Apr)

Seed deals that closed each week, every Monday morning.

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