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.
Health and wellness platform taking a holistic approach to personal health- combining smart wearables, AI-powered coaching, personalised nutrition, and skincare under one roof. Its flagship titanium smart ring tracks 150+ health markers like sleep, recovery, activity, stress, and nutrition, with a companion app delivering AI-driven insights, custom fitness plans. The brand also has a skincare range tailored to different skin types, and in 2024 acquired Sweden-based nutrition brand Näck to strengthen its supplements play. ₹36CR Pre-Series A5 from angels including Deepak Gupta, Arnab Basu, Manav Gupta, and Vilas Dhar. Founded in 2022, Gurugram-based. Founders: CEO Gaurav (IIT Delhi '03, BTech; IIM Calcutta '05, MBA) spent 6 years at Zomato, rising to Co-Founder and COO and before that was a Senior Principal at Kearney. Arpana (IIM Calcutta, MBA '05, IIT Kharagpur, BTech '03) previously founded SkillTap and Spark and held roles at McKinsey, and UNINOR before co-founding Gabit.
Agri-fintech platform that uses data and AI to fix the broken economics of India's post-harvest supply chain, giving farmers, traders, commission agents, transporters, and buyers real-time intelligence on pricing, volumes, logistics, and market behaviour, while also unlocking access to formal credit for underserved Agri-SMEs. ONO has also acquired a stake in an NBFC to deepen its lending capabilities directly. Scaled to 12 states and 125+ districts, serving over 1.3 lakh ecosystem participants. $1.2M Pre-Series A led by Aeravti Ventures (which also led the seed round), with participation from Tremis Capital and angels. Founded in 2021, Bengaluru-based. Founders: CEO Rama Rao (Andhra University, MIT OpenCourseWare MS Computer Science '17, Illinois State University '14) previously worked at Google and SuneraTech before founding ONO. David (BTech, Acharya Nagarjuna University '10) was previously at Amazon, Delhivery, Snapdeal, and Rokitt Technology before co-founding the company.
Biotechnology company focused on cell and gene therapies. It develops next‑generation therapies utilising Chimeric Antigen Receptor T (CAR-T) cells to treat cancers and blood disorders with an aim to make life-saving therapies more affordable and accessible. Current treatments cost $500-$700K, the startup aims to price its treatments at $60-$70K. . This round will be used to advance Cellogen’s CAR‑T clinical programs, expand its gene therapy pipeline, and strengthen its GMP‑compliant manufacturing and regulatory capabilities. ₹20CR Series A led by Kotak Alternate Asset Managers via its Kotak Life Sciences Fund I (KLSF-I). Hyderabad-based pharmaceutical company Natco Pharma acquired a ~5% stake in Cellogen Therapeutics for ₹15CR in 2024. Founded in 2021, Noida based. Founders: Dr. Gaurav Kharya ( Netaji Subash Chadra Bose Medical College, Jabalpur '21) has been the Director of the Department of Bone Marrow Transplant and Cellular Therapy at Apollo Hospital in Delhi since 2019; Dr. Tanveer Ahmad (Masters in Biochemistry, University of Kashmir '07) has been an Assistant Professor at Jamia Millia Islamia since 2017.
Bengaluru-based premium toy brand built around character-driven, story-led remote-controlled vehicles, including RC drift cars, off-road trucks, tabletop RC drift cars, and high-speed RC cars, targeting both children and adult collectors. Every product belongs to a broader fictional universe with its own backstory and character, and the brand backs this with a free Lifetime Service programme for repairs rather than replacements. Crossed ₹30CR in annualised revenue within 18 months of launch, growing at 20% month-on-month. ₹21CR Pre-Series A from Singularity Early Opportunities Fund, Veltis Capital, Enzia Ventures, DeVC, Atrium Angels, and Stride. Founded in 2024, Bengaluru-based. Founders: Afshaan (ISB, PGP '17) held category and growth roles at Supertails and The Wellness Shop before founding the company. Vinay (ISB, PGP '17) was in finance and sales leadership at Livspace, Supertails, and Unacademy.
Premium beverage brand modernising India's most nostalgic flavours across eight drinks including banta, kala khatta, masala cola, jeera soda, and shikanji, with contemporary branding, better ingredients, and premium packaging. Built with 100% backward integration. Distributed across airlines, hotels, restaurants, and quick commerce platforms. ₹8CR Pre-Series A at a ₹80CR post-money valuation, led by DSG Consumer Partners, with participation from Kapil Chopra (EazyDiner & The Postcard Hotel). DSG led the seed round in 2023. Founded in 2021, Mumbai-based. The founders are a wife-husband duo. CEO Meet Singh Malhotra (Oberoi Centre of Learning & Development '13) was an executive chef with the Oberoi group for 11 years. CMO Akkshita (also Oberoi Centre for Learning and Development '12, Sri Guru Gobind Singh College of Commerce '15) worked in marketing roles at Nestle and PVR.
India's first app-based toy and book subscription library for children, operating on a circular play model where families access 1,000+ toys and books across 90+ brands through monthly plans starting at ₹599, returning items when interests change and swapping for new ones. Families can get these items delivered or visit one of EleFant's library hubs. The platform has 125+ franchise partners across 18 cities, with franchises available between ₹15-40 lakhs. The company also operates toy libraries for schools, with over a hundred school partners. The goal is to cross 50K subscribers across 20 cities in the next year. $1M Pre-Series round led by Growth Sense Venture Fund, with participation from JIIF, Arian Capital, and angels including Asit Oberoi (ex-YES Bank) and Vimal Saboo (Fibe). The company previously raised $750K in July 2024 from Venture Catalysts, Malpani Ventures and others. Founded in 2023, Mumbai-based. Founders: CEO Sourabh (KC College '09, The Institute of Chartered Accountants of India '11) was the Director of supply chain management at Chai Point before founding The EleFant. Co-Founder Srishti (Narsee Monjee '09) was previously the Chief Compliance Officer and company secretary of Ashv Finance for a year, before which she was the head of legal compliance at Monedo Financial Services.
AI-native intelligence platform that helps large organisations convert fragmented, siloed data into clean, AI-ready intelligence through a unified Data Hub, combining data integration, governance, analytics, AutoML, conversational AI, and GenAI tools in a single no-code platform. Generated ₹4.76CR in revenue in FY25 with a 142% CAGR. $1.5M Pre-Series A round led by Triton Investment Advisors (Triton Fund II). Founded in 2023, Gurugram-based. Founders: CEO Gaurav Shinh (University of Toronto- Rotman School of Management '09, Punjab Technical University '98) brings 27+ years of expperience in data and analytics, including a decade as founder of Daaslabs.ai and prior stints at Royal Bank of Scotland, Barclays, and HCL Technologies. COO Rohit Kumar (VIT '06, IIM Lucknow '15) was previously the director of operational risk reporting at Barclays, before which he was a global head at Syngenta.
Fabless semiconductor startup designing AI-native System-on-Chip (AISoC) products for edge computing and Physical AI applications. The company is developing purpose-built chips for consumer electronics, EVs, industrial automation, and data centres that deliver low-latency, high-efficiency AI processing directly on devices, reducing reliance on cloud. They co-designed the Indus 1011 chip with boAt, to be integrated into 25% of boAt's devices by 2026, assembled by Tata Electronics. $13M Series A led by Ideaspring Capital, with participation from Singularity AMC, Avatar Growth Capital, and existing investor Persistent Systems. Founded in August 2023, Bangalore-based. Founders: CEO Ramamurthy (IIT Kharagpur; MS Computer Science, New Mexico Institute of Mining and Technology) was VP and Managing Director at Intel Capital for over a decade. COO Ganesh (BMS College of Engineering '87, MS EE, University of Idaho '92) previously held senior roles at SanDisk, Motorola/Freescale, and AMD.
Full-stack Original Design Manufacturer (ODM) providing end-to-end product development and manufacturing for consumer appliance brands, covering product engineering, prototyping, proprietary tooling, certification, and mass production across home and kitchen appliances, personal care, and car accessories. Serves 40+ brands including Croma, Wipro, Amazon Basics, and Flipkart. ₹67CR Series A round led by Avaana Capital, with participation from Titan Capital Winners Fund. Founded in 2022, New Delhi-based. The company previously raised a ₹5.8CR seed round in June 2022 led by Titan Capital and Better Capital, along with 2am VC. Founders: Anand (IIT Delhi, BTech Textile Sciences '19) previously founded E-TEX Healthcare (smart textile solutions including the KAWACH Mask which was popular during COVID). Gaurang (Delhi College of Engineering, BTech Electrical & Electronics '16) previously founded Fivido Technologies (smart sanityware) and is a former Systems Engineer from Texas Instruments and Cube26. They were Founders in Residence in Entrepreneur First's Bangalore cohort (BA6).
Construction robotics startup building Physical AI for the built environment, deployed on-site as a service across construction, mining and warehousing. Its flagship Flo Hauler is a battery-powered autonomous mobile robot carrying up to 1.5 tonnes of materials across multi-floor projects, uneven terrain, and changing site layouts, with the company also developing automation for tiling, wall finishing, and screeding (a construction technique). Over 60 robots are deployed across 10 Indian states with clients including L&T, Godrej Properties and Embassy Group. Customers report ~45% cost savings, 50% faster material movement, and a 67% reduction in accidents. $2.5M Pre-Series A co-led by Mela Ventures and Arali Ventures. The company raised its seed round (amount undisclosed) in December 2024 from JIIF, and a $400K pre-seed round in December 2021 from DevX Venture Fund, Venture Garage Angels, Blume Founders Fund, Indian Institute of Science (IIsc). Founded in December 2019, with operations starting around 2021. Bangalore-based. Founders: CEO Manesh (MBM Engineering College, Jodhpur '02, MDI Gurgaon '05) previously co-founded EdTech startup Mockbank (for government jobs) and was a Strategy Consultant at IBM. COO Pratik (Shri Ramdeobaba Kamla Nehru Engineering College '16) co-founded Lithos Motors, an EV venture, before Flo Mobility and also worked at BYJU's for a year in the business development team.