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.
Fairdeal is a B2B quick-commerce platform built to empower micro-retailers across India. In operation since 2022, the company equips kirana shops with a cloud-based inventory of over 1,000 SKUs and advanced demand-sensing tools to deliver what retailers need, when they need it, hence eliminating overstock and freeing up working capital. It blends lightning-fast fulfillment with data intelligence to help retailers thrive while offering D2C and regional brands streamlined access to offline retail reach. $3M pre-Series A round led by Incubate Fund Asia and Waterbridge Ventures, with participation from angel investors. Co-founder and CEO Prateek Bansal steers growth and strategic vision. Co-founder and Chief Information Officer, Yash Bansal, guides its technology infrastructure and analytics capabilities.
Manastu Space is a spacetech startup crafting eco-friendly propulsion systems for satellites. Founded in 2017, the company is pioneering non-toxic, high-performance alternatives to conventional fuels. Alongside propulsion, it is also working on services like in-orbit refuelling, safe deorbiting, and extending satellite life, helping space companies cut costs and reduce space junk. $3M extended Series A (or extended Pre-Series A) round led by Capital-A, with continued backing from Capital 2B, Indian Angel Network (IAN), E2MC, the Bhagnani Family Office, and Jeet Chandan. Co-founder and CEO Tushar Jadhav spearheads strategic direction and technical vision, while co-founder and CTO Ashtesh Kumar leads R&D, technology development, and execution.
Ace Blend is a Mumbai-based wellness brand rethinking nutrition with science-first formulations. Founded in 2018 to address unsubstantiated supplements in the market, it delivers clean-label, clinically backed products like protein blends, functional beverages, and targeted supplements. $3.3M pre-Series A round led by Fireside Ventures, aimed at expanding product lines, boosting brand awareness, and scaling both online and offline distribution. Co-founder and CEO Shivam Hingorani leads brand vision and product strategy, while Co-founder Saif Mekhri brings deep R&D and formulation expertise to the table.
Elever is a digital-first wealth platform that helps people and businesses grow their money through smarter, more automated investing. Instead of relying on gut calls or manual portfolio management, Elever uses data-driven strategies to build customised plans for different financial goals. The idea is to make wealth creation accessible, transparent, and less dependent on market guesswork. $1.1M Pre-Series A round led by Brand Capital (the Times of India Group’s investment arm), with participation from global CXOs, existing investors, and promoters. Co-founder and CEO Anshul Sharan drives vision, strategy, and brand-building. Co-founder and CTO Ram Subramaniam leads tech architecture and product innovation. Co-founder and CMO Santosh R owns distribution, goal-based positioning, and investor engagement. Co-founder and CIO Karan Aggarwal heads investment model design and financial structuring.
Pronto is a home-services platform delivering trusted help within minutes. Launched in 2024, Pronto connects households with trained, background-verified professionals for tasks like cleaning, laundry, and utensil washing. The startup runs through local hubs and a shift system, allowing it to deliver services in under 10 minutes while giving workers steady jobs and income. $11M Series A round co-led by General Catalyst and Glade Brook Capital, with continued backing from Bain Capital Ventures. Co-founder and CEO Anjali Sardana leads Pronto’s product strategy, while her partner in leadership Chirag Goyal brings deep operational experience and helps expand the platform across new cities.
MangoPoint is a Chennai-based AgriTech exporter of chemical-free, single-origin Indian mangoes and related products. The startup operates APEDA-, NPPO-, and FDA-certified packhouses to ensure global-grade quality and traceability. Currently processing 2,000 MT of mangoes annually, MangoPoint plans to scale tenfold, venturing into processed mango ingredients for food, pharma, and cosmetics, and building infrastructure closer to farms to enhance post-harvest handling. $1M Pre-Series A round led by Inflection Point Ventures, with participation from The Chennai Angels, Native Angel Network, Keiretsu Forum India, Fondation Botnar, IIM-CAN, Metis Family Office, and JITO Incubation and Innovation Foundation (JIIF). Co-founder and MD Manjula Gandhi Rooban leads vision, quality control, and export strategy. Co-founder and Director of Finance Prasanna Venkatarathnam drives operations, logistics, and scaling capabilities.
Outzidr is a D2C fashion brand catering to Gen Z women with fast, occasion-ready western wear. The brand operates on a rapid “test-and-react” model, launching small batches, tracking customer response, and scaling only the winners. It typically introduces around 2,000 new styles per month through its own platform and top marketplaces like Myntra, Nykaa Fashion, and Ajio. In just a few months, it has won over 100,000 customers, boasts retention rates 1.5x above industry norms, and launched over 8,000 styles already. ₹27CR Pre-Series A round led by RTP Global, with participation from existing investor Stellaris Venture Partners. Co-founder and CEO Nirmal Jain, who previously scaled Landmark Group’s Styli leads brand strategy and design-to-market execution. Co-founder and CMO Mani Kant Mani, with a background in digital strategy at Max Fashion, drives marketing and omnichannel growth. Co-founder and COO Justin Mario, who brings operational expertise from Aymakan and Styli, heads supply chain and customer experience scaling.
Hylenr is a clean-energy innovator building compact, carbon-free heat systems using proprietary Low Energy Nuclear Reaction (LENR) tech that converts a small electric input into amplified heat, ideal for industrial, residential, and space applications. Led by breakthrough R&D and backed by patents, the startup is moving quickly from lab demos to real-world pilots with mission-aligned partners. $3M Pre-Series A round led by Valour Capital and Chhattisgarh Investments Ltd, with individual participation from Karthik Sundar Iyer and Anant Sarda. Co-founder and Chairman & MD Siddhartha Durairajan drives strategic vision and global outreach. Co-founder and CEO Ram Ramaseshan leads operational execution and business development. Co-founder and Chief Innovation Officer Prahlada Ramarao leads the push on new ideas and tech development.
Gladful is a clean-label, protein-first nutrition brand for kids and families. The company offers quick-to-make (10-minute) breakfast and snack mixes like chilla, dosa, and pancake blends made entirely from plant-based ingredients and free of refined sugar or additives. It has now expanded into the kids’ health drink market with NutraMilk, reinforcing trust among health-conscious parents. ₹8CR Pre-Series A round led by Eternal Capital. The round also saw participation from Antler India, Venture Catalysts, and other angel investors. Co-founder and CEO Parul Sharma leads brand vision and strategy. Co-founder and COO Manu Sharma drives operations and product rollout.
Eon Space Labs is a Hyderabad‑based deep-tech startup building extremely compact, high-resolution imaging systems for satellites, drones, and ground platforms. Their flagship product is MIRA, a compact space telescope designed to deliver high-quality imaging while being lightweight and easier to launch. They’re also working on a set of imaging systems called LUMIRA that combine visible light and infrared technologies. This means they can capture detailed images even in low light or through smoke/fog. What makes EON different is that they’re trying to miniaturise space imaging tech without compromising quality. That means it's cheaper to launch, faster to build, and accessible to more industries, and not just governments or large defence agencies. $1.2M Pre‑Series A round led by MountTech Growth Fund Kavachh, with strategic investment from HHV Advanced Technologies. Co-founder and CEO Sanjay Kumar, previously at LV Prasad Eye Institute, leads product vision and aerospace partnerships. Co-founder and CTO Manoj Kumar Gaddam oversees hardware development and optical innovations. Co-founder and COO Punit Badeka manages operations and drives engineering scale-up. The trio started EON in 2022 to bring “Make‑in‑India” optics to global markets.