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.

Apr 9

Formerly known as Kluisz.ai. Cloud infrastructure company built specifically for AI workloads, i.e. offering inference as a service. Unlike traditional cloud offerings retrofitted for AI, it offers a purpose-built stack optimized for model training, inference, and scaling. It orchestrates AI workloads across hybrid, on-premise, edge, and sovereign cloud environments. $22M led by Greenoaks, along with seed stage investors RTP Global, Unicorn India Ventures, Blume Founders Fund, Climber Capital. The company raised a $9.6M seed round in Jul 2025. Founded in Apr 2025, Bangalore based. Founders: CEO Abhinav (HBS '09) was previously the Global COO and CPO at OYO (for a decade) and was a Principal at BCG; Vamshidhar (Stanford Master's; ISB) was a Partner at McKinsey for 12 years and is ex-AMD (product development engineer); Abhijeet was previously a VP at Jio (Cloud Technology & Infra) and and was with AT&T for 15 years, most recently as Director Member of Technical Staff, Cloud Roadmap & Architecture. All three co-founders graduated from IIT Kharagpur.

Founders
April 9, 2026
Fundraise news
Investors
Wk 15 (6-12 Apr)
Apr 8

Skincare brand, now entering new segments like body and hair care. Revenue was ₹72CR in FY26, up from ₹5CR in FY24, registering 14x growth in two years. The company bridges traditional global beauty rituals (especially from Japan) with modern scientific formulations. ₹34.6CR Series A led by Unilever Ventures, with participation from ICMG Global Ventures II. Unilever Ventures invested $2M in 2024. Founded in Jan 2023, Mumbai based. Founder and CEO Niharika (LSE '12) was previously the Founder of Sugarbox (theme based gift boxes) for eight years.

Founders
April 8, 2026
Fundraise news
Investors
Wk 15 (6-12 Apr)

Also known simply as Grid. AI native operations intelligence platform for utilities across power, water, and gas. The company enables real time data integration, predictive analytics and workflow automation to help utilities improve efficiency, reliability and decision making. it works with over 20 utilities globally and manages data from millions of smart meters. ₹22.5CR round, likely a Series A. Founded in 2017, Bangalore based. Founders: CEO Udit (St. Xavier's College, Kolkata '14) was a data scientist for a year each at Quizizz, SocialCops, MuSigma; COO Shreyansh (RV College Of Engineering '15) was a data analyst at Mu Sigma for two years; CTO Aayush (RV College Of Engineering '15) was a data engineer at LogMeIn and Citrix for two years each; co-founder Shaurya (St. Xavier's College, Mumbai '15) was an account manager at Google for two and a half years.

Founders
April 7, 2026
Fundraise news
Investors
Wk 15 (6-12 Apr)

Direct-from-origin food brand, which sources single-origin, natural products directly from farmer producer organizations across India. It connects consumers to authentic, region-specific produce while ensuring better price realization for farmers. The company has scaled to over 100 SKUs across 12 categories, partnering with 25 farmer enterprises and reaching nearly 50,000 farmers across nine states. Sold D2C, via e-commerce and quick commerce, and through select retailers in Delhi NCR. ₹34CR funding led by NABVENTURES through the AgriSURE Fund. Founded in Oct 2023, Gurgaon based. Founders: CEO Nitin (Institute of Rural Management Anand '01, Cornell University '03) was the head of business development at FarMart for a year, before which he was the head of e-marketplace at Innoterra; Manoj (University of Lucknow '01, IRMA '04) was the project lead at the Foundation for Development of Rural Value Chains for four years, before which he was the national sales head at Mount Meru Group for two years; Vaishali was the head of accounts and finance at SEWA GRIH for three years, before which, she was the CFO at Karina Fincap for two years.

Founders
April 7, 2026
Fundraise news
Investors
Wk 15 (6-12 Apr)
Apr 7

Collects used cooking oil from businesses and converts it into biodiesel. It provides waste management solutions to restaurants and food manufacturers while enabling sustainable fuel production. $2.5M Series A led by Fundalogical Ventures, along with Caspian Impact Investment, Momentum Capital, and existing investor The Chennai Angels. Founded in Nov 2019, Delhi based. Founders: Sushil (Symbiosis International University '09) was a supply chain manager at Admirals Trading LLC (F&B manufacturer and distributor in the UAE) for 10 years, before which he was a supply chain manager at IFFCO; Kirti (MBM Jodhpur '06) was a supply chain specialist at Gourmet Gulf LLC (operator of F&B chains in Dubai) for a year, before which she was a supply chain specialist at Knight Frank.

Founders
April 7, 2026
Fundraise news
Investors
Wk 15 (6-12 Apr)
Apr 7

Fintech rewards platform that allows users to earn Bitcoin (Sats) and gold on everyday spending. Through a prepaid card, gift cards, and browser integrations, it replaces traditional cashback with asset-based rewards. The platform currently operates at an annualised GMV of $40M and has distributed over ₹50CR worth of Bitcoin and gold rewards since launch. It has partnerships with major brands including Flipkart and Google. Founded in May 2020, Bangalore based. Founders: CEO & CTO Mohammed (Sri Siddhartha Institute of Technology '12) was the Founder of SaffronCoin, a P2P decentralised multi-algorithm crypto-currency; Co-Founder & Head of Finance Roshni (Jain University, Bangalore; University of Strathclyde '17) was a Research Analyst at ONEX AE, a management consulting firm in Dubai.

Founders
April 7, 2026
Fundraise news
Investors
Wk 15 (6-12 Apr)
Apr 2

B2B credit-tech startup building an AI-led underwriting and intelligence layer for secured lending products such as home loans, LAP (loan against property) and MSME credit. It digitises and standardises property diligence for lenders - helping banks and NBFCs speed up loan origination, ensure compliance, and monitor portfolios more efficiently. The company raised a ₹6CR Pre-Series A in Nov 2025, led by GrowthCap Ventures. That round is now ₹10.5CR in total, with the additional ₹5.5CR from Equentis. Founded in Jan 2022, Bangalore based. Founders: CEO Nagachethan was previously the head of housing business operations at Navi and product head at Vistaar; CTO Byom was previously a Senior NLP Engineer at ConcertAI and comes from DataWeave.

Founders
April 2, 2026
Fundraise news
Investors
Wk 14 (30 Mar-5 Apr)

Aquaculture technology platform using AI and data-driven tools to help fish and shrimp farmers optimize operations. It offers solutions across farm management, disease control, biomass tracking, and compliance. This round will help set up a state-of-the-art processing facility, and scale its farmer network from 6K to 15K across Odisha, Andhra Pradesh, and West Bengal. $2.7M Series A led by NABVENTURES. Founded in Jan 2023, Bhubaneswar based. Founders: no prior information available on Founder Ananya; Co-Founder & CEO Abhishek (Orissa University of Agriculture and Technology '13; IGNOU Master's 16) was at aquaculture tech company Aquaconnect as AVP for Exports and worked at aquaculture non-profit Solidaridad Network; Co-Founder & CGO Abhilash (Utkal University '14 was a regional business manager at agriculture sciences business FMC Corporation, was a state activation manager at Bayer Crop Science and a territory manager at Syngenta.

Founders
April 2, 2026
Fundraise news
Investors
Wk 14 (30 Mar-5 Apr)

AI-led debt recovery platform, helping lenders improve collections and underserved borrowers unlock credit access. Works with over 40 banks and NBFCs across 10 states (now going to 15 with this round), with $6B in AUM. Automates constant communication with borrowers during the tenure of their loan along with customised payment links, sends digital notices, solves litigations online and provides a multi-lingual field collection app. Pre-Series A of an undisclosed amount led by Merak Ventures, along with UNLEASH Capital Partners and CDM Capital who invested $1.1M in the Aug 2025 seed round. Founded in Aug 2023, Gurgaon based. Founders: Balaji (IIT Roorkee '14) built the lending business at logistics platform WheelsEye and the co-lending product at SREI Infra Finance; Vijay (IIT Roorkee '15) was an EIR at WheelsEye, also working on the lending business. He is ex-ClearTax and BlackBuck (product roles).

Founders
April 1, 2026
Fundraise news
Investors
Wk 14 (30 Mar-5 Apr)
Mar 31

Fintech platform focused on helping India’s self-employed (i.e. non salaried) workforce build a daily savings habit and access financial services. Its core offering allows users to invest in debt mutual funds with ticket sizes starting from ₹100. It has acquired 3M users since launch (May 2025) and executed over 2M mutual fund transactions in February alone. $12M Series A led by Accel, along with Lightspeed and InfoEdge who led the seed round last April 2025. Founded in Nov 2024, Delhi based. Founders: CEO Anugrah (IIT Kanpur '12; IIMA '14) was a Partner at BCG (11 years) where he helped an NBFC build out two lending businesses from the ground up; Ankur (IIT Kanpur '13; IIM Bangalore '17) was VP-Business at Battery Smart, and VP and Head of India Revenue & Demand at OYO; Mayank (IIT Roorkee '12; IIM Bangalore '17) worked across product and growth at Urban Company and is ex-BCG and ITC

Founders
March 31, 2026
Fundraise news
Investors
Wk 14 (30 Mar-5 Apr)

Seed deals that closed each week, every Monday morning.

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