FinTech platform which provides UPI-based credit cards and helps customers build their credit profiles. Credit cards (issued in partnership with SBM Bank and DCB Bank) are backed by fixed deposits, targeting users without formal credit history. The company has 100K active cardholders and plans to get to five million cards in the next three years. $10.5M Series A led by Cornerstone Ventures, with participation from Shepherd's Hill Private Equity, ESV-Arthya AIF, Roots Ventures.The round also included venture debt from Innoven Capital and Alteria Capital. The company closed ₹30CR this March led by Cornerstone Ventures, with participation from Ashra Private Equity Fund - it’s unclear whether that was an earlier round or part of this round. Founded in Aug 2020, Mumbai based. CEO Aditya (Sri Venketeshwara College, Delhi Univ. '99; MDI Gurgaon '01), Co-Founder Sandeep (VJTI '96; Narsee Monjee '99) and CBO Anand (K.J. Somaiya Management Institute '99) built Transerv from 2011-2020, a payment solutions provider which offered a social wallet called Udio. The company was acquired by Indiabulls Consumer Finance in two tranches between 2019-2020. The team is all ex-HSBC. The fourth co-founder, Manish (IIT Kanpur '93; IIM Calcutta '95) joined more recently in 2025. He was a Partner at PwC.

eCommerce marketplace focused on proteins and supplements, with 10,000 products across 450 brands. It combines content, discovery, and assisted shopping to help consumers make informed health choices. The product line includes supplements, health foods and beverages, fitness gear, weight management items and sexual health items. The company will build a dark store network for faster deliveries, with this round. HyugaLife’s parent company Pratech Brands, also owns Inaari, a natural healthcare brand supporting hormonal balance. $10.6M Series A. The company raised $6.3M at seed from Peak XV, Spring Marketing Capital in 2024. Founded in 2021, Mumbai based. Founders: Sachin (Univerity of Mumbai '04, University of Massachusetts Dartmouth '06, University of Michigan '12) was at Nykaa for five years, where he was CFO and ran Nykaa Superstore, their B2B platform; CBO Anvi (Institute of Chemical Technology '12, Cambridge Judge Business School '17) was at Unilever (a year in business development) and Amazon (two years as a category manager) and was an Executive Director at family owned Prasol Chemicals; Neehar (Institute of Chemical Technology '12, Said Business School '17) was at Amazon for four years as a product manager.

Fabless semiconductor company developing REDEFINE, a runtime reconfigurable core processor designed for use cases in data centres, AI infrastructure and high-performance computing. Its many-core architecture allows hardware to reconfigure itself in real time, which means a single chip can handle multiple applications without needing separate hardware. Commercial launch in 2027. ₹42CR (~$4.4M) raised from Hero Enterprise Partner Ventures, Colossa Ventures and Navam Capital as part of a Series A round which closes at ₹80CR. The company had closed ₹38.4CR (~$4.3M) earlier, in Oct 2025 from IAN Alpha Fund, Speciale Invest, IvyCap Ventures, Golden Sparrow Ventures, IIMA Ventures, DeVC. Bangalore based, founded in Jun 2006 by Ranjani Narayan and S.K. Nandy, with Deepak Shapeti joining as CEO in 2021. Founders: CEO Deepak (BMS College of Engineering '03; Stanford '06) was Co-Founder & COO of Scool (mentorship platform), was Head of Strategy at TutorMate, and Director of Rupak Enterprises (API manufacturer) for a decade; CTO Ranjani (IISc PhD '89) was a technical lead at HP for a decade; S.K. Nandy has been a Professor at IISc since 1982.

Surveillance-technology company building AI-powered systems for defence and commercial use. The company develops imaging platforms that provide real-time, actionable insights across land, air, and aerospace applications. Its technology is deployed with the Indian Army and Indian Navy, and across Bharat Dynamics Limited (BDL), Bharat Electronics Limited (BEL), India Optel Limited, and L&T Defence. ₹35CR round led by Exfinity Ventures with existing investors Blume, Mela Ventures, Venture Catalysts Group Angel Fund. Founded in 2017, Bangalore based. Founders: Sandeep (Gujarat University '01, IIM Calcutta '04) has been the chairman of Optimized Solutions (automated test equipment, monitoring and automation) for 21 years; Dharin (IISc) was a principal engineer at MediaTek for two years, before which he was co-founder of Immensa Semiconductors for two years. He was with Texas Instruments for over a decade. Purvi (KS School of Business Management '02) was Chief Strategy Officer at Paperchase (accountancy firm for the hospitality industry) and has been a non-executive director at Optimized Solutions since 2009.

Agentic-AI led platform that helps users check, build, and improve their credit score. By integrating with major bureaus and payment systems, it provides actionable insights, credit-building tools, and bill payment features to drive better credit behavior. Current scale undisclosed. At the time of the last round in Sep 2025, the company had 2M users and had processed ₹100CR in credit repayments. Founded in Jan 2024, Bengaluru based. ₹130CR (~$14M) round led by Accel. Investors that led the $8M seed round in Sep 2025, Lightspeed and Z47, along with angels including Vidit Aatrey and Sanjeev Barnwa (Meesho) participated. Founder & CEO Utkrishta (IIT Kharagpur) was previously Chief Experience Officer at Meesho for five years, before which he was in the founding team of Hopscotch.

Recommerce platform offering certified refurbished iPhones at more affordable prices. Current scale not disclosed. As of Sept 2025 (during its last round), the company retailed online and through 60 stores, and had a 20,000 sq. ft. in-house refurbishment lab. In FY25 it had sold 15,000 devices across its omni-channel network with ₹26 crore in revenue. It partners with over 15 suppliers including Flipkart, Croma, Reliance Digital, Sangeetha Mobiles and Apple premium resellers. Products undergo 60 quality checks and come with a six month warranty. Pre-Series A of an undisclosed amount from Japanese VC ICMG. The company raised a ₹16CR round in Sep 2025 from Equentis, The Chennai Angels, Lead Invest (a mix of equity and debt, and either a seed extension round or Pre-Series A following its seed round in April 2025 from India Accelerator. Founded in Oct 2018, Gurugram based. Founders: CEO Shrey (MDI, Gurgaon '16) was previously a business manager at iQor for a year, before which he was at Punj Lloyd Limited for three years. Nitin (MDI Gurgaon '18) was previously at Nokia as a NPO Specialist for a year, before which he was a senior network engineer at Ericsson for four years.

School management and school consultancy company helping schools in Tier 2 and Tier 3 India improve academics, operations, and long-term growth. It provides curriculum design, teacher training, and school operating systems using an asset-light model. It runs Rysen, a group of schools in Rajasthan, with 15 campuses across nine cities and more than 10,000 students enrolled. It aims to get to 100 campuses and 100K students in three years. $4M Pre-Series A funding led by Big Capital and Redbrook Fund. Angels in the round: Sujeet Kumar (Udaan), Ramakant Sharma (Livspace), Roman Saini (Unacademy). Founded in Oct 2023, based in Jaipur. Founders: CEO O.P. (IIT Delhi '15) was previously the co-founder of Tinkerly for eight years. Kapil (IIT Delhi '15) was Co-Founder & Chief R&D Oficer of Tinkerly for 8 years. No previous information available on third founder, Dr. Kapil.

Contract development and manufacturing (CDMO) platform for fashion businesses, focused on fabric development and textile manufacturing (through partner factories in India and Bangladesh). It can take a fabric from concept to production in ~45 days and works largely with brands in the UK and Europe. It has a $15M order book. $5.5M Pre-Series A led by Omnivore, along with Kae Capital and WVC. Founded in 2025, Bengaluru based. Founders: CEO Narahari (IIT Guwahati '11, IIM Indore '15) built Ziraaf (new-age minerals discovery) for a year, before which he was at ZETWERK for four years. He is also ex-RIVIGO. Co-Founder Aseem (Maharishi Institute of Management Studies, Indore '93) was an associate director at ZETWERK for three years, before which he was a self employed marketing consultant for two years.

AI-native cybersecurity company building platforms for real-time threat detection and response. Its products use continuous learning to identify anomalies, prevent breaches, and secure digital identities and data. It serves clients across BFSI, fintech, and enterprise, including Canara Bank, Karnataka Bank, DCB Bank, CSB, NCRTC and BVH. ₹16CR Pre-Series A led by Unicorn India Ventures. Other investors in the round: SB Investment (UAE), Prakash Govindan (Gradiant), Himanshu Singhal (inMorphis). Founded in 2021, based in Hyderabad. Founders: CEO JP Mishra (IIM Calcutta '13, IIT Mandi '26) was previously the founder and CEO of DA Algorithms LLP for four years, before which he was a senior manager of data science at Sutherland Healthcare Solutions.

Legal-tech startup which started out with a focus on the mobility sector and is expanding into finance, real estate, healthcare. It has two offerings - LOTS247, which is a roadside legal assistance platform with a network of lawyers available on call or at the accident site 24/7; and ChallanPay, a unified platform to find, resolve, and track traffic challans across all states/enforcement authorities. . $2.5M Pre-Series A co-led by Rainmatter and Turbostart, along with participation from its existing investor Finvolve. In December 2025 the company raised a ₹8.5CR round, raised on Zee TV's entrepreneurship show Ideabaaz from Pawan Jaggi (Peakzi), Sandeep Sharda (Miracle Systems), Priyanka Salot (The Sleep Company), Arjun Vaidya (V3 Ventures). Founded in May 2018, Gurgaon based. Founder & CEO Himanshu (Punjab Engineering College '99; IIM Calcutta '15) is a software engineer by background who was at LexisNexis India (the global content and tech provider focused on legal research) for 10 years, most recently as Associate Director of Online Solutions.