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.
Mass premium whiskey distillery which retails it Himalayan-origin flagship brand Woodsmen Whiskey. The goal is to move beyond the traditional Indian Made Foreign Liquor (IFML) narrative in Indian whiskeys, with three "expressions" (i.e. distinct bottles) - Extra Smooth, Black Barrel and Mountain Whiskey - in the c. ₹1,000 price range. The company has reached ₹100CR in annualised revenue. ₹11CR Series A1 round led by DA Group India, with 10 existing investors including Nikhil Vora (Sixth Sense Ventures), Chaitanya Rathi (ex Sula Vineyards), and the company's management team. Founded in Jan 2016, Delhi based. Founder Shivam Ginglani (Delhi Univ. '12; Alliance Manchester Business School '13) spent two years after business school understanding the Indian spirits industry before starting up.
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.
Men’s skincare brand. The company targets common concerns such as acne, pigmentation, oil control and hydration. Products are made with clinically proven ingredients including niacinamide, salicylic acid, kojic acid and hyaluronic acid. Marketing, branding and comms managed by Mumbai based Lap Ventures. ₹4CR Pre-Series A funding led by Resolute Ventures. Founded in Dec 2022, Bangalore based. Founders: CEO Shriyash Jichkar (IIT Guwahati '08; IIM Bangalore '13) was the founder of upskilling company Jichkar Academy of Digital Skills, and of marketing consultancy Ecommasters; actor Tiger Shroff (40M IG followers) is a co-founder and the brand’s face.
Toy manufacturing company. Its consumer brand 'Chanak - the Smartest Kid', develops toys designed to support early childhood development, which are sold through 150 distributors, 15K retailers and exported to 12 countries. It has 280 products including plastic, die-cast, electric, STEM, silicone, wooden and ride-on toys. Current revenue scale undisclosed, it closed FY25 with ₹68.6CR. ₹36CR round led by GVFL, along with the founders' friends and family. Founded in Jan 2014, Rajkot based. Founders: Subhash is from The Maharaja Sayajirao University of Baroda and IIM Ahmedabad; Arvindsinh is from Gujarat University.
Streetwear brand targeting Gen Z and millennial consumers. The label focuses on oversized silhouettes and graphic-led apparel, such as t-shirts, hoodies and co-ord (two piece) sets. Positioned around accessible, trend-driven fashion, Bonkers blends street culture with pop-culture influences like anime, and characters from Marvel and Disney. It did ₹123CR in FY25 with a ₹4CR profit. This is a $10.5M Series A at a c. $48M post-money valuation, led by India SME Investment Fund, with participation from Radhakrishna Ramnarain, Namita Thapar (who invested in the company via Shark Tank Season 5) and over 20 other angels. Founded in Jan 2018, Mumbai based. Founder Shubham was just starting college when his father's longstanding textile business faced bankruptcy. Brand Bonkers was then started out of economic necessity. Within the fashion business, over-sized is on trend, as seen with MyDesignation which raised a ₹40CR Series A led by RPSG Capital Ventures two weeks ago.
Fashion label with culturally inspired apparel. The brand focuses on distinctive shirts (think "Starry Night" on a shirt), polos and jackets, with oversized silhouettes. Sold D2C and through an expanding retail presence in Bengaluru, Kochi, Thiruvananthapuram and Calicut for now, with eight new stores opening this year. ₹40CR Series A led by RPSG Capital Ventures, along with existing investors Veltis Capital, Multiply Ventures, Dominor Investments. Founded in Jan 2017, Kerala based. Co-founders Swaroop (VIT) and Gopika (Mar Baselios College of Engineering) started almost straight out of college.
Functional, multi-category, kids essentials for everyday use. The company focuses on bento boxes, insulated food jars, lunchboxes. Expanding into bags and water bottles. ₹36 annualised revenue, with ₹100CR targetted for FY27. $2M Pre-Series A led by Prime Venture Partners, with continued participation from Appreciate Capital and IIMA Ventures. Founders: Harini (INSEAD '19) was a product manager at Amazon and Johnson & Johnson; Mahesh (IIMA ‘08) was previously a country manager at Rapyd (fintech), GM at Uber and Country Head for Singapore at OYO.
Nutraceutical company blending plant-based ingredients with patented nanotechnology to enhance supplement efficacy. Using a chemical-free extraction process, the company claims significantly higher bioavailability compared to conventional formulations.Its portfolio spans solutions for immunity, gut health, stress, sleep, weight management and overall vitality. ₹40CR investment by Kotak Alternate Asset Managers Limited, through its Kotak Life Sciences Fund I. Founded in Oct 2020, Hyderabad based. Founder & CEO Sachin (Auckland University of Technology '07; Univ. of Sydney '11) was CEO of Simply Fresh (precision farming) after over a decade of tech roles in Australia/NZ.
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).
DSLR, the parent company, is building a house of lifestyle brands backed by a vertically integrated supply chain across. The company focuses on creating identity-led consumer brands which can retain a distinct positioning. Its first label, Aramya, caters to everyday ethnic wear for women, and now has five stores in Bangalore. The company touched ₹200CR in annualised revenue, a month ago. ₹80CR Series A round from existing investors Z47 and Accel. Founded in Jan 2022, Jaipur based. Founder & CEO Ankush (IIT Delhi '13) was a VP at Z47 (three years) and the Co-Founder of DayBox (fruit and veg supply chain) and EximBook (export-import marketplace).