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.
Acess control company replacing traditional keycard systems with wireless, cloud-based, smartphone-enabled entry solutions. Its platform allows users to unlock doors using their phones. Serving offices, tech parks, co-working spaces. India is the largest market with 500 customers, along with 100 customers in the US and 10-15 in the Middle East. Design is in-house, manufacturing via contract manufacturers in Gujarat/TN. $8M Series A led by Accel, along with Enrission India Capital, SucSEED Ventures, Alumni Ventures, Chakra Growth Fund. Founded in Jan 2020, SF and Bangalore based. Founders: CEO Rohin (Goa College of Engineering '01; UT Dallas MBA '12), ex Nokia and Broadcom; and CTO Malcolm (also Goa College of Engineering '01), ex-TCS (12 years), built Mrinq Technologies (wireless product development and technical consulting company) together.
IOT based asset management systems for multiple industries - construction, warehousing, agriculture, mining and ports. Customers include Tata Motors Gensets, Mahindra Powerol, Jindal and Tata Steel. $2.77M Series A round. $1.2M Pre-Series A round by YourNest in Oct 2023. Founded in Jan 2021, Bangalore based. Founders: CEO Amiya (NIT Rourkela '14) founded Phoenix Robotix (smart city and industrial IoT) in 2015, along with CTO Nataraj (also NIT '14); Product Head Asish (NIT '16) was a Product Designer at Phoenix while Sales Head Amrit (Sharda Univ.) was an angel investor in Phoenix.
Fleet telematics and vehicle intelligence company building intelligent, connected hardware that turn vehicles into smart, data-enabled machines. Its solutions span vehicle safety, security and fleet intelligence. Products include crash detection with automatic SOS alerts, remote immobilisation to prevent theft, AI-based driver behaviour tracking, and fleet management platforms that offer real-time tracking, vehicle diagnostics and regulatory compliance. OEM customers include Sonalika and Volvo Eicher. $4.8M in a funding round led by Ashish Kacholia, with participation from existing backer Piper Serica Angel Fund. Founded in Jan 2021, Delhi based. Founders: CEO Sumit (SRM IST '17) founded Fidomotus (used cars retailer) in 2018; CTO Kapil (Maharaja Agrasen '20) is from E&Y and TantraByte (data scientist); CPO Narendra (Dr. APJ Abdul Kalam '17) is also from TantraByte and STEMROBO Technologies.
Electronics manufacturing company handling everything from design to final delivery. Started in 2017, the company has grown from a small power-bank assembler into a full-scale electronics manufacturer in Mumbai, producing devices across audio (soundbars, speakers), charging equipment, IoT, surveillance, and renewable energy. $11M Series A comprising of a $7M tranche led by Cactus Partners in August and a subsequent $4M tranche this month from the Roha Family Office. Founders: Ishwar was a Senior Software Engineer at Atos Origin and business head at IoT Enterprises. ; Nikita previously held consulting roles at Tata Communications, Tech Mahindra and EY;
Aether MindTech is a Hyderabad-based neuro-wellness startup that’s redefining mental health through science-backed wearables. Its flagship product, Evolv28, is a device worn around the neck and delivers ultra-low magnetic fields to promote stress relief, better sleep, focus, and overall mindfulness. The device is backed by roughly 4 years of R&D and comes with multiple safety certifications like FCC, CE, and WPC. ₹4.5CR Pre-Series A round, backed by Anthill Angel Fund, MeitY Startup Hub–linked investors, and deep-tech family offices (Max Nemmers and Radhika Laxmikanth) to accelerate clinical trials, regulatory approvals, product advancement, and market expansion. Co-founder and CEO P V Shyam Sunder leads the vision and clinical strategy, while Co-founder and CTO Sreeram Vanga heads product innovation and R&D execution.
Beyond Appliances is a smart kitchen appliance startup rethinking how Indian homes cook and connect. Founded in 2024 in Bengaluru, the brand makes Android-enabled chimneys, smart hobs, and cooktops with digital timers and safety features, blending tech and practicality. Its offerings help users stream music and apps, set reminders, and plan meals. $4M Series A round led by Fireside Ventures, with participation from Dharana Capital fueling expansion in manufacturing, R&D, and retail footprint. Co-founder and CEO Eshwar K. Vikas drives product innovation and brand vision, while Co-founder and CTO Rakesh Patil steers technology development and execution.
Brandworks Technologies is an electronics innovation and manufacturing company- handling everything from design to final delivery. Started in 2017, the company has grown from a small power-bank assembler into a full-scale electronics manufacturer in Mumbai, now producing devices across AI, IoT, audio, charging, surveillance, and renewable energy, all rooted in a strong “Make in India” focus. $7M Series A round led by Cactus Partners, with participation from Gujarat Venture Finance, Legacy Assets, and the Hira Group. Co-founder and Managing Director Nikita Kumawat leads design, innovation, and the vertically integrated production model. Co-founder Ishwar Kumhar drives strategy and growth, ensuring the team scales operations rigorously while pushing for global competitiveness and sustainability.
DesignX is a Noida-based startup enabling manufacturers to digitize and automate their setup. Its flagship platform, Df‑OS (Digital Factory Operating System), s a plug-and-play software that connects machines, tracks real-time production data, and uses AI to improve output, cut down on waste, and lower emissions. It’s already being used by big names like Unilever, Hero MotoCorp, and Dabur. With this new round of funding, DesignX is looking to expand into markets like APAC, Japan, and Europe. $2M pre-series A round led by Rockstud Capital, with participation from We Founder Circle, Piper Serica, and some existing clients. CEO & Co‑founder Rajat Srivastava, an engineer-turned-factory-tech innovator oversees platform vision and customer deployment. CTO & Co‑founder Nishant Srivastav leads the technical architecture behind real-time analytics and process automation for Df‑OS.
Netrasemi is a Kerala-based startup that designs chips (they don’t manufacture them) to make small devices like cameras, sensors, robots, and drones smarter and more efficient. Their technology lets these devices process information on their own, without always needing the internet or cloud. making them faster, cheaper, and more secure to run. ₹107 CR Series A round led by Zoho Corporation and Unicorn India Ventures. Co-founder and CEO Jyothis Indirabhai leads product strategy and chip innovation. The other Co‑founders- Sreejith Varma and Deepa Geetha are experts in semiconductor systems.
Shrimpl is a Singapore-headquartered agritech startup that’s bringing data-driven precision to shrimp farming. Their platform combines in-depth biological models, AI, satellite imagery, and environmental sensors to give farmers a clear view of farm health, risks, and sustainability metrics like carbon emissions. This holistic approach helps improve yield, reduce disease, and make shrimp farming more profitable, especially in countries like India, Brazil, and Vietnam. Round led by MileDeep Capital, the strategic investment arm of Hyderabad’s Mile Deep Group, to accelerate Shrimpl’s entry into the Indian shrimp-farming market and build out its analytics capabilities in Asia and Latin America. Ciaron McKinley, CEO- spearheads Shrimpl’s commercial rollout and data-product strategy. Dr. Daniel Penalosa, Chief Scientific Officer oversees bioeconomic and risk analytics. Dr Tom Ludescher, Chairman & Chief Strategy Officer drives finance, insurance, and global scale planning