Tracking pre-seed and seed rounds 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.
Debt resolution platform for banks and NBFCs. Product offering is almost identical to CredResolve (also funded in the same week, see below). $3.5M seed round. The founders are two of the four co-founders behind digital lending startup Kissht - Karan was CTO/Sonali was COO over there.
Micro-investing platform that rounds up your online transactions and invests the spare change in mutual funds. $3M seed round. Satyajeet was the co-founder of Grospire, an aquaponics startup.
Chain of fertility clinics, with the first location now open in Whitefield, BLR (fertility testing, consultations, egg freezing, and IVF), and scaling to 10 locations in NCR, MUM, BLR by 2027. Started as a commmunity product with 40K members currently, along with online consultations. $1M pre-seed round. Other investors in this round: Galaxy. Founders: Dipalie comes from Adobe (BLR/SF), Nidhi was with Earlsfield Capital Partners.
SaaS tools for debt collection. Works with over 20 banks and NBFCs. 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. $1.1M seed round. Founders: Balaji, IIT Roorkee, comes from WheelsEye Finance (unsecured credit for fleet owners); Prashanth is a software lead from WheelsEye; Vijay, IIT Roorkee, brings product experience, also ex-WheelsEye.
Building India's first dedicated PC and console game publishing house, to publish world-class indie and AA games for global audiences. Three upcoming releases announced for this year. Pre-seed round, amount undisclosed. Deepak (co-founder) built Street Lamp Games (hyper casual games) for eight years; while Mantena (co-founder) most recently spent 5 years at PTW (ptw.com), as VP of Products. Other investors in this round: Sridhar Muppidi (YesGnome), Tanay Tayal (Ex-Moonfrog), the founders of Playsimple, Vatsal Chintalpati (ExMachina Investment Partners), Rick Herman (Ex-Sony)
Home decor products capturing "the essence of Indian traditions while making it relevant for modern homes". $1M seed round (mix of primary+secondaries). Co-Founder Neha was a Buyer at Trent and Shoppers Stop.
Spacetech startup which has built India’s first drone-borne synthetic aperture radar (SAR) system. $1.5M seed round. Tapan, the Chairman, is the former Director of the Space Applications Center (SAC) at ISRO; Soumya, CEO, worked at Hike, Creo, Intel; and co-built Summachar, an edtech startup with Urmi, the CTO.
Crypto forensics startup, with compliance and investigation solutions across B2C, B2B and the government market. Currently building AML and counter-terrorism financing compliance tools for financial institutions, as well as a risk analysis app for individual users. India focused for now. ₹4CR seed round.
Logistics provider across last-mile delivery, bulk transportation and warehousing, using an electric vehicle fleet. Present in the Chandigarh tri-city area and NCR. $500K pre-seed round. The CEO's and COO's backgrounds aren't available. Chandra, the CTO, spent 17 years at QA Source.
Plant based nutrition brand - multivitamins and protein supplements. Products are designed around end-use: for PCOS, menoapause, sleep and stress, and so on. 1L customers to date, 70%+ from D2C site, currently at ₹15CR annualised revenue. ₹5CR seed round. Sudha, IIT-K + ISB, had stints at ITC, Uber, UrbanTouch; Veda comes from IIT-K, Deutsche, Meesho.