FinTech company focused on the healthcare space, with a platform which enables upfront claims disbursals from within 10 minutes, helping hospitals and clinics overcome revenue realization delays while improving the patient experience. Documentation and claims processing (via a SaaS offering), along with collections, and financing (through its NBFC) are provided from a single platform. It manages 10K discharges per month. It plans to expand across India, as well as the US and Middle East. $8M Series A round. Other investors in the round: Sadev Ventures. Founded in Nov 2021, Gurgaon based. Founders: Sidak (Guru Nanak Dev Engineering College '13) is from Avail Finance (neobank), FarmGuide (agritech) and Clix Capital; Vikrant (DCE '08; Northeastern Univ. MBA '10) is also from Clix Capital, prior to which he was at Philips for five years.

Sanitary pad recycling company. The company manages the collection and recycling of used menstrual hygiene products, replacing traditional incineration and landfill dumping with a circular approach. Using its patented tech, it converts used pads into cellulose pulp and plastic. It operates in 24 cities, with collections from 2,000 sites for 685 business, industrial and residential clients. It will soon launch PadCare Orbit, a B2C app to organize collection in housing socities. The company raised $3M in a Pre-Series A round led by Rainmatter, with the participation of 3one4 Capital, Brigade REAP, PKRBCV Shroff Trust. Existing backers Lavni Ventures and 3i Partners also doubled down, with additional debt financing coming in from EXIM Bank and ICICI Bank. Founded in June 2018, Pune based. Founder & CEO Ajinkya (Shri Guru Gobind Singhji Institute, Nanded '17) worked briefly as an R&D engineer at Grind Master Machines, and completed a fellowship at the Royal Academy of Engineering in the UK, before starting PadCare.

DSLR, the parent company, is building a house of lifestyle brands backed by a vertically integrated supply chain across. The company focuses on creating identity-led consumer brands which can retain a distinct positioning. Its first label, Aramya, caters to everyday ethnic wear for women, and now has five stores in Bangalore. The company touched ₹200CR in annualised revenue, a month ago. ₹80CR Series A round from existing investors Z47 and Accel. Founded in Jan 2022, Jaipur based. Founder & CEO Ankush (IIT Delhi '13) was a VP at Z47 (three years) and the Co-Founder of DayBox (fruit and veg supply chain) and EximBook (export-import marketplace).

Pet food brand offering ready-to-eat, preservative-free meals for dogs, designed to deliver home-style nutrition with the convenience of long shelf life. It is expanding its portfolio to protein supplements, fresh cart food and meal toppers. ₹100CR revenue target for FY27. $1.4M Pre-Series A funding led by Atomic Capital. Founded in Aug 2021, Delhi based. Founder Akshay (Hindu College, D.U. '13) founded Pet Fed, India's biggest pet festival across DEL/MUM/BLR, out of college before starting Benny's in 2021.

Healthcare devices company with a wearable non-invasive medical device designed to deliver drug-free pain relief for musculoskeletal conditions. Built on photobiomodulation technology, it stimulates cellular repair to help manage musculoskeletal conditions such as arthritis, sciatica, back pain, and joint stiffness. Sold upon clinician recommendations and direct to customer. ₹20CR (~$2.2M) Pre-Series A round led by V3 Ventures, 3i Partners and Ideaspring Capital. Founders in Jun 2022, Hyderabad based. Founders: CEO Sri Velliyur (UVCE '91) was an ERP consultant to UNDP before a five year stint at Peoplesoft Financial, working on projects for Ford Motor Corp; no prior information available on CTO Surya.

Textile and apparel manufacturer specialising in premium woven and knitted fabrics, best known for corduroy and velveteen. They are big on sustainability and staying abreast with emerging global trends with their in-house R&D team. ₹200 CR series A round from the Lohia Family Office, operated under Indorama Capital Holdings Pte. Ltd. No information available on their founders- Arun Jain, Rajender Jain and Anil Jain.

Marine robotics startup building AI-enabled underwater drones and vessels for inspecting infrastructure that is hard to reach. Its robots are used to survey pipelines, ports, tunnels and offshore assets, delivering high-accuracy visual data, 3D mapping and non-destructive inspections for energy, defence and maritime operators. This replaces manual, risky underwater work with faster and safer automation. The company has executed 150 projects acros 80 clients including Tata Power, NHPC, Adani, ONGC, BPCL and Maersk, and has a recent ₹47CR order from the Indian Navy. ₹13CR Pre-series A round by AWE Funds and Unicorn India Ventures. Founded in Sep 2016, Kochi based. Founders: CEO Johns (College of Engineering Trivandrum '10; IIT Delhi '13) was previously an engineer at Grey Orange and Samsung; CTO Kannappa (College of Engineering Trivandrum '10; IIT Delhi '14) was previously a project scientist at the National Institute of Ocean Technology. Comps: Octobotics (seed round led by Navam Capital last week); AquaAirX (seed round led by Rainmatter last month).

Omnichannel platform that simplifies how interior materials are sourced. Built for architects, designers and homeowners, it brings a large, curated catalogue of tiles, laminates, surfaces and fittings onto its marketplace, supported by 3D visualisation tools and three physical experience centres in Bangalore (with a heavy focus on private label brands). Will open 30 more centres in multiple cities in the next 12-18 months. By connecting projects directly to manufacturers and handling logistics in-house, Material Depot cuts friction in procurement while offering transparent pricing and faster delivery. $10M Series A co-led by Accel and Stellaris, along with Whiteboard Capital, DeVC, Soma Capital, MyAsiaVC and angels Ramakant Sharma (Livspace), Ankit Nagori (Curefoods), Shashvat Nakrani (BharatPe), Niraj Singh (Spinny), Abhishek Goyal (Tracxn). Part of YC Winter '22, $4M raised from YC and others in the prior round. Founded in Jul 2021, Bangalore based. Founders: Sarthak (IIT Bombay '16) was previously an AVP at Flipspaces (interior design/project execution); Manish (Blekinge Institute of Technology '15) is from BCG.

Petcare startup offering veterinary care through a hybrid model. It combines at-home vet visits and 24/7 multispecialty hospitals (with three operational in Bangalore and four more set to open this year), making quality pet care more accessible, convenient and alway available. It has treated 30,000 pets and performed more than 1,000 surgical procedures over the last year. $3.3M/₹30CR Pre-Series A round, with ₹20CR in equity and ₹10CR in debt. Led by V3 Ventures, along with Campus Fund and Thackersey Family Office, angels Yatin Shah and Karan Bhagat (360 ONE Wealth) and Gautam Dalmia (Dalmia Bharat Group). Founded in Oct 2023, Bangalore based. Founders: CEO Utsav (Delhi Univ '22) is from E&Y and Navi; co-founder Yash (SRTMUN - Swami Ramanand Teerth Marathwada University '21) is also from Navi.

Fashion quick commerce. The platform delivers products from 200+ premium brands within 60 minutes, positioning fashion shopping with the same speed and ease as food delivery. Built for last-minute needs, ZILO offers features like try-at-home, instant returns and 24/7 service in Mumbai and will now expand to more cities. $15.3M Series A led by Peak XV Partners (with $8M), with participation from existing investors InfoEdge Ventures and Chiratae who led the $4.5M seed in Jun 2025. Other investors in the round include Alteria Capital, Stride Ventures, and angels Lalit Keshre (Groww), Kunal Shah (CRED), Sachin Oswal (Originity), Ayyappan R (FirstClub), Abhishek Bansal (Shadowfax), Sreevathsa Prabhakar (Servify), Preeta Sukhtankar (Foxtale, Luma Fertility). Founded in Feb 2025, Mumbai based. Founders: CEO Padmakumar was VP - Fashion at Flipkart; and a Board Member and Head of Apparel & Fast Fashion at Myntra for eight years; after over a decade at Shoppers Stop; co-founder Bhavik is an engineer who was Senior Director of Product Management at Myntra for over six years. Comps: Slikk Club (Lightspeed, Nexus), M-Now (by Myntra), KNOT (12 Flags, Kae Capital, Boundless).