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.

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.

Founders
March 12, 2026
Fundraise news
Investors
Wk 11 (9-15 Mar)

AI-led computer vision solutions for manufacturing and retail operations. Its visual intelligence tools automate tasks such as product quality inspection on factory lines and real-time shelf monitoring in retail stores. The platform helps manufacturers detect defects and ensure consistent product quality, while enabling retailers to track stock availability, shelf placement and compliance through automated image-based analytics. Revenue scale undisclosed, clients include Fortune 500 companies - Nestle, Johnson & Johnson, GSK, Reckitt, Pepsico. $2M Pre-Series A co-led by Finvolve and India Accelerator, with existing investors Cognify, IPV, AIF, IIM Lucknow Enterprise Incubation Centre (where it was incubated). Founded in Mar 2017, Noida based. Founders: CEO Amit Singh (IIM Lucknow '19) is ex-IMRB International and Tetra Pak, and was Retail Strat Planning Lead on the Samsung account at Cheil Worldwide; CTO Amit Srivastava (IIM Lucknow '16) was at ST Microsystems for 16 years, most recently as Principal Product Manager.

Founders
March 12, 2026
Fundraise news
Investors
Wk 11 (9-15 Mar)

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.

Founders
March 11, 2026
Fundraise news
Investors
Wk 11 (9-15 Mar)

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.

Founders
March 11, 2026
Fundraise news
Investors
Wk 11 (9-15 Mar)
Mar 11

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.

Founders
March 11, 2026
Fundraise news
Investors
Wk 11 (9-15 Mar)
Mar 11

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.

Founders
March 11, 2026
Fundraise news
Investors
Wk 11 (9-15 Mar)

Clean-label beverage brand which operates 70 retail touchpoints in NCR, Bangalore and Chandigarh, including compact kiosks and its proprietery automated beverage machines. Its machines can be deployed in offices, hospitals, universities and malls. It aims to get to 1,000 touchpoints in the next three years. It is positioned as a healthier alternative to fast food, with natural ingredients and preperation on the spot. $1.5M Pre-Series A round from Whiteboard Capital, Brigade REAP, Barbershop Fund, along with Deep Bajaj (Sirona), Siddharth Kothari (Om Infra) and other angels. Founded in April 2021, Delhi based. Founders: CEO Harshita (IIT Delhi '18) was at BCG for ~two years before starting Basil; CTO Akshay (Savitribai Phule Pune University '16; VIT '18) was at Capgemini and Xook (automated fresh food kiosks for the US) for two years each.

Founders
March 10, 2026
Fundraise news
Investors
Wk 11 (9-15 Mar)

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.

Founders
March 10, 2026
Fundraise news
Investors
Wk 11 (9-15 Mar)

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.

Founders
March 6, 2026
Fundraise news
Investors
Wk 10 (2-8 Mar)

Clean-tech startup building a reusable packaging system for the food industry. The company replaces single-use containers with durable, traceable boxes that are collected, washed and circulated back into use. Designed for restaurants, corporate campuses and delivery platforms, InfinityBox’s containers can be reused hundreds of times, helping reduce packaging waste and the carbon footprint of food delivery. The company was at ₹17.8CR in FY25 revenue with minimal losess. ₹14.1CR Pre-Series A at ~₹87CR post-money, led by existing investor Rainmatter, along with existing investors AAR EM Ventures, Capital-A, and Dhyanesh Shah. Founded in Feb 2019, Bangalore based. Founders: Shashwat (IIT Kharagpur '19) started this part-time out of college, spent a year each at McKinsey and advisory firm SAGANA before shifting focus to InfinityBox; along with fellow alum Keshav who is IIT Kharagpur '22).

Founders
March 5, 2026
Fundraise news
Investors
Wk 10 (2-8 Mar)

Seed deals that closed each week, every Monday morning.

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