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.
Community-led travel company that designs and runs group trips for young, experience-seeking travellers. The brand focuses on curated, offbeat journeys across India and overseas, covering everything from road trips and treks to custom group and corporate travel. It has bootstrapped its way to a ₹100CR gross revenue business. By managing the entire travel stack, from planning to on-ground execution, it is a social, hassle-free way for millennials and Gen Z to explore the world beyond typical tourist routes. ₹54CR / $5.9M Series A round led by DSG and Client Associates Alternate Fund. Founded in Jul 2018, Delhi based. The four founders are National Institute of Technology Kurukshetra grads, who had very brief stints after college before starting WanderOn.
Materials science-driven manufacturer of technical textiles and engineered fashion. The company functions as a cross-border Contract Development and Manufacturing Organization (CDMO), bringing together its in-house design lab and a global supply chain to innovate on and manufacture newly developed textiles for a range of industries beyond fashion (e.g. automative; housing; medical; protective clothing). $15M Series A funding round led by Fundamentum, with participation from South Korea based LB Investment and existing investors Lightspeed and BEENEXT, who led the $4.2M seed round in Feb 2025. Founded in Oct 2024, Bengaluru based. Founder Shreshtha, ex-ITC and Johnson & Johnson, was the Business Head for Textiles at Zetwerk.
D2C accessories brand building a Gen-Z–first playbook around trendy, affordable fashion. The brand sells a wide range of everyday jewellery and accessories online, with quick design drops. Beyond earrings and necklaces, it has expanded into lifestyle add-ons like sunglasses, scarves and bag charms, with bags next on the roadmap. ₹30.1CR in a fresh funding round led by MG Investment; along with Anicut Capital, All In Capital and JK Group who led the seed in Jan 2024. Founded in Jul 2022, Delhi based. Founders Kanishka (SRCC '18) and Twishaa ('18), both ex-EY Parthenon, were the co-founders of Wizaru (online extra-curricular platform for kids); co-founder Sonaal (SRCC '18, ISB '22), ex-BCG, was previously the Head of Operations at Ranicherra Tea.
Drone company building indigenous, plug-and-fly FPV (first person view) drones for defence and allied use cases. It designs high-speed, AI-enabled drones for surveillance, interception and tactical operations, with products tailored for quick deployment and ease of use. The company works closely with defence and institutional partners on customised drone systems, pilot training programmes and R&D lab setups, positioning itself as a full-stack player in India’s growing defence drone ecosystem. ₹6CR Pre-Series A round led by GVFL. Founded in Jul 2020, Surat based. All three founders, Arth, Devyant and Oshi, are from VIT and ISB.
Bangalore based microbrewery that brings together craft beer, vinyl culture, and a modern food program under one roof. Positioned as India’s first vinyl-themed brewpub, the space pairs small-batch beers and vinyl-era cocktails. $2.2M Series A self-funded round from Optimistic Capital, a ₹200CR fund focused on owning and operating craft beer brands and microbreweries. Founder Karthik (Rochester Institute of Technology '06, ISB '17) is both the co-founder of 33&Brew as well as of Optimistic Capital.
Homegrown D2C sneaker brand blending Indian culture with contemporary streetwear. The company designs and manufactures premium sneakers inspired by Indian art forms, regional stories and youth culture. With all design and production done in-house and materials sourced locally, Gully Labs focuses on craftsmanship, cultural storytelling and community-led retail, while scaling from online-first to offline stores and building early traction in global markets. ₹30CR Series A round led by Saama Capital, with participation from existing investor Zeropearl VC. The round attracted participation from a mix of founders and angel investors across the consumer and technology space, including Sangeet Agrawal of Mokobara, Viraj Bahl of Veeba, Unacademy co-founders Roman Saini and Gaurav Munjal, Genesis Luxury founder Sanjay Kapoor, and Edelweiss Mutual Fund MD and CEO Radhika Gupta. Co-founder Arjun was previously a fund operator at Graph Advisors. Co-founder Animesh was previously a senior project leader at Bain & Company.
Known as Ethereal Exploration Guild in its full form, the company is developing a fully reusable medium-lift rocket called Razor Crest Mk-1. The upper-stage reusable engine named Pegasus has already been manufactured, while the launch vehicle itself is being built. It will be capable of carrying 24.8 tonnes into Low Earth Orbit (LEO) and 10.8 tonnes into Geosynchronous Transfer Orbit (GTO). $20.5M Series A round. Other investors in the round: Prosus, YourNest Venture Capital, BlueHill Capital, Campus Fund, Riceberg Ventures. $5M seed round in Aug 2024 led by YourNest. Founded in April 2022, Bangalore based. Founders: CEO Manu (BML Munjal University '20) was Head of Strategy & BD at Manastu Space; COO Shubhayu (Indian Institute of Space Science and Technology '12) was at ISRO for a decade; CTO Prashanth (UPES '21) was a rocket propulsion engineer at Manastu Space.
AI infrastructure and analytics company focused on making enterprise AI systems reliable, governable and production-ready. The company started with analytics for conversational AI, allowing teams to understand how users interact with AI products and improve performance. It is now expanding into AI reliability and governance, offering tools that monitor AI agents in real time and act as guardrails in production. Alongside its platform, Coxwave also works with enterprises to help them deploy AI across core business operations. $5M pre-series A funding led by L&S Venture Capital, with participation from existing investor KB Investment and new investors Hyundai Venture Investment, Hyundai Motor Company's ZERO1NE Ventures, and KDB Capital. Founder Gijung previously worked at Enterprix. Co-founder Joowon was previously a senior manager at Qraft Technologies.
Fleet management company providing large, sustainable fleets for ride-hailing platforms in India. It owns and operates CNG and electric vehicles across major cities, partnering closely with players like Uber. It has 3,000 vehicles on its platform, is at ₹300CR annualised revenue, has saved over 6K tons of carbon emissions, and operates with Uber in five cities (Mumbai, Bengaluru, Hyderabad, Pune, Delhi). Series A round of an undisclosed amount. Founded in May 2024, Gurgaon based. Founder Karan co-founded Revv (the self drive car rental platform), building it over a decade, prior to which he was an Associate Partner at McKinsey for 12 years.
Platform working closely with universities to embed industry-aligned, job-ready training into degree programs. By co-creating curricula with employers such as hospitals and hotel chains, the company ensures students gain practical skills, hands-on exposure and clear pathways to employment. Alongside integrated degree programs, Emversity also offers short-term certifications and placement support, positioning itself as a bridge between academic education and real workforce demand. In under two years of operations, Emversity says it has expanded to serve over 4,500 learners across 40+ campuses, building employer-led talent pipelines in partnership with industry players. $30M in a Series A round led by Premji Invest. Lightspeed and Z47 also participated in the round. Founder and CEO Vivek was previously the COO at Unacademy.