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.

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)

Bean-to-bar craft chocolate brand built around Indian-grown cacao, working with 250+ cacao farmers in Andhra Pradesh and operating one of the country's largest cacao fermentation facilities. Offers experiential retail formats including its flagship Manam Chocolate Karkhana in Hyderabad, a beverage bar in Knowledge City, and a recently launched outlet in New Delhi, alongside D2C sales across India. Aiming to grow revenue from ₹53CR to ₹260CR; plans to expand into the Delhi-NCR region over the next 12 months, with Mumbai and Bengaluru in later phases. $9M Series A led by Omnivore, with participation from the Turner Morrison consortium. Founded in 2021, Hyderabad-based. Founders: Chaitanya (Sauder School of Business, University of British Columbia, Bachelor of Commerce '14) has been CEO of Almond House, his family's well-known Hyderabad mithai chain, for over 12 years before founding Manam Chocolate.

Founders
June 11, 2026
Fundraise news
Investors
Wk 24 (8-14 Jun)
Jun 11

Korean-inspired gifting retail brand offering over 1,000 products across plush toys, stationery, bags, travel accessories, beauty and personal care, and gifting essentials. The brand blends Korean design elements with affordability and trend-led merchandising. Currently operates 15 stores across Bengaluru, Mumbai, Hyderabad, Pune, Chennai, and Ahmedabad, with plans to scale to 500 touchpoints over the next five years and enter quick commerce platforms. ₹35CR Series A co-led by Riverwalk Holdings and Sauce.vc, with participation from Panthera Peak Ventures and existing angel investors. Founded in 2023, Pune-based. Founders: Mohit (Devi Ahilya Vishwavidyalaya, MBA Marketing & Finance '13) previously worked as Director of New Initiatives at WhiteHat Jr for 1 year and as Director of Inside Sales at Lentra for 1 year before co-founding Uni Seoul. Gaurav (Devi Ahilya Vishwavidyalaya, MBA Business Administration '12) was a Wealth Manager at Deutsche Bank for 2 years before co-founding Uni Seoul.

Founders
June 11, 2026
Fundraise news
Investors
Wk 24 (8-14 Jun)

Healthcare payments platform that helps you pay for medical bills across hospitals, clinics, diagnostics, dental care, dermatology, eye care, mental health services, and pharmacies, all through a single app, with no network restrictions. The platform combines payments with instant cashback, embedded employer health benefits, mutual fund savings access, and medical financing for expenses not covered by insurance. Used by 7,00,000+ people, with an average usage frequency of 9 times a month across a network of 15,000+ healthcare partners. Series A round; amount raised undisclosed. Investors include Unicorn India Ventures, India Accelerator Growth Opportunities Fund, Brew Opportunities Fund, Finvolve Ventures, FirstPort Capital, and Maithan Family Office. Founded in 2019, Mumbai-based. Founders: Chris (NYU Stern School of Business; St. Mary's University) was Founder & Group CEO of EBS Worldwide for 9 years and earlier spent 7.5 years as Associate Vice President at Ernst & Young before co-founding QubeHealth-Pay. Gagan (St Joseph's College of Commerce, Bachelors in Commerce '97; École des Ponts Business School, MBA Finance '98) was Vice President at Argonaut Private Equity for 2.5 years and Associate Vice President at Ernst & Young Global Consulting Services for 7.5 years before co-founding QubeHealth-Pay.

Founders
June 11, 2026
Fundraise news
Investors
Wk 24 (8-14 Jun)

Robotics and AI company building systems for industrial, defence, security, warehousing and manufacturing operations. Its portfolio spans collaborative and industrial robotic arms, unmanned ground vehicles, vision systems and automation platforms, all built on a shared technology architecture that combines human supervision with machine autonomy. $1.12M pre-Series A co-led by Finvolve and India Accelerator, with participation from GrowthCap Venture Fund. Founded in 2017, Bengaluru-based. Founders: Abhit (Dr. A.P.J. Abdul Kalam Technical University, Bachelor's in Biomedical Engineering '16) has been CEO of the company since founding it in 2017, with no previous work experience available. CMO Cameron (Digital Youth Academy, IT Application Specialist Apprenticeship; Canterbury College, Creative Media Production Diploma) was Social Media & Community Manager at Wevolver for 3 years 3 months and a Contributing Writer for HackSpace Magazine for 1 year before co-founding Integra Robotics.

Founders
June 10, 2026
Fundraise news
Investors
Wk 24 (8-14 Jun)

AI-native debt financing platform that helps Indian businesses access non-dilutive capital quickly and transparently, without giving up equity. Its proprietary AICA (AI Credit Analyst) system evaluates businesses across 200+ parameters, including revenue velocity, customer churn, concentration risk, and business momentum to match each borrower with the most suitable lender across a network of 100+ banks, NBFCs, AIFs, and family offices, reducing what is normally a weeks-long process to as few as five days. Has facilitated over ₹3,000CR in capital across 2,000+ companies including MoveInSync, Zypp, Captain Fresh, Sagar Asia, and Palmonas. $50M Series A round- $8M in equity led by Info Edge Ventures, with participation from LC Nueva, Physis Capital, String Ventures, and IA Finvolve, plus a $42M debt allocation from institutions like InCred, U GRO Capital, and Lighthouse Canton. Founded in 2021, New Delhi-based. Founders: Eklavya (Netaji Subhas Institute of Technology, BE Instrumentation and Control Engineering '10; IIM Calcutta, MBA Finance '15) was an Investment Professional at Ivanhoé Cambridge for 3 years and Investment Manager at Kotak Investment Advisors for 2 years before co-founding Recur Club. Abhinav (IIT Delhi, BTech Electrical Engineering '13; IIM Calcutta, MBA '15) was a Sr. Product Manager at OperaSolutions for 3 years and Product Owner at Gartner for 2 years before co-founding Recur Club.

Founders
June 9, 2026
Fundraise news
Investors
Wk 24 (8-14 Jun)

Aerospace and defence tech company building mission-critical systems and subsystems for space, launch vehicle, and defence applications. Includes propulsion systems, avionics, and guidance and navigation technologies. The company is an official supplier for India's Gaganyaan human spaceflight programme, contributing hardware for astronaut training simulations. $3.3M / ₹31.5CR Series A led by Helios Holdings, with participation from angel investor Meenu Sharma. Founded in 2016, Bangalore based. Founders: Chairman & MD Shaju (University of Hull, MBA) was previously the MD and CEO of SENER India (engineering services for the aerospace industry). CEO Sunderarajan (Kerela University) was previously the Director of Aerospace at SENER India . CTO Pradeep is a retired Group Director from ISRO and brings 40+ years in propulsion systems experience. Sabu Joseph (Director, People and Culture), Amarnath Reddy (GM-Systems Engineering) and Varun Kurup (Director, Finance) also co-founded the company alongside them.

Founders
June 5, 2026
Fundraise news
Investors
Wk 23 (1-7 Jun)

Clean label regional snacking brand. No palm oil, no preservatives and no artificial chemicals. Focused on South Indian snacks which is, predictably, a ₹25,000CR market. The goal is to build the Haldirams of South Indian snacks, and to build a consumer (not just D2C) brand. It currently serves customers in Chennai, Bangalore, Mumbai and Hyderabad and Delhi through its own website, Zomato and Swiggy, and offline channels (modern trade). Pre-Series A round of an undisclosed amount from institutional investors. The round includes a secondary transaction giving 4x returns to early investors. Last raised a ₹2.14CR interim round from undisclosed investors in Dec 2025, following a ₹2.2CR pre-seed round led by Titan in June 2025. Founded in Nov 2023, Chennai based. Founders: Rajakumaran (IIM Kozhikode '21) was Head of Growth at ShopUp (B2B e-commerce for Bangladesh), VP of Product at Uniform Junction and a category manager at VOONIK, and also co-founded school uniforms supplier Schoolay; Anbarasan was Principal Product Manager at ShopUp and co-founded WholesaleX (B2B grocery ordering).

Founders
June 5, 2026
Fundraise news
Investors
Wk 23 (1-7 Jun)

AI video platform that lets businesses generate hyper-personalised, studio-quality videos and avatars at scale, turning a single 5-minute recording into thousands of contextual videos in over 175 languages, with no additional shoots required. Used by over a hundred enterprises across banking, FMCG, retail, healthcare, and hospitality, including Bajaj Finance, HDFC Bank, Zomato, Cipla, and BharatPe. Use cases: digital marketing, language localisation, engaging suppliers and partners, and employee learning and development. Rvenue grew 131% year-on-year to ₹17.1CR in FY25. $10M Series A led by Baring Private Equity Partners India and Z3Partners, with participation from existing investors IAN Alpha Fund and 3Lines Venture Capital. Founded in 2020, Gurugram-based. Founders: CEO Nimish (IIT Kharagpur, BTech '15) was a PE associate at Warburg Pincus for three years and a Strategy Consultant at EY-Parthenon for two. Devender (IIT Kharagpur, BTech) was previously the co-founder of HomeVisitors and TFIDF Labs, before which he was an engineer at Tower Research Capital.

Founders
June 4, 2026
Fundraise news
Investors
Wk 23 (1-7 Jun)

Premium fragrance brand building a modern Indian perfume house, offering narrative-led, culturally attuned Eau De Parfums. They are manufactured in small batches and priced accessibly between mass deodorants and imported luxury brands. Currently offers 32 perfumes, with scents like Baked Vanilla, Drunken Cake, and Beach Holiday built to resonate with younger Indian consumers. 400K customers till date. Revenue grew 5x in FY26, targeting ₹60CR in FY27 and ₹100CR in 18 months. $3M Series A led by V3 Ventures ($2.4M), with participation from existing investor Rukam Capital ($0.6M), which invested $1M in a Pre-Series A in Aug 2025. Founded in 2022, Delhi-based. Founders: CEO Garima (University of Manchester) was previously the co-founder of Adgarde, before which she was an Account Director at RepIndia. Arjun previously worked at MobiKwik before co-founding the brand.

Founders
June 4, 2026
Fundraise news
Investors
Wk 23 (1-7 Jun)

Seed deals that closed each week, every Monday morning.

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