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.
Recycling company focused on India's growing solar waste problem. They recycle end-of-life solar panels, recovering more than 95% of materials - glass, silicon, silver, copper, aluminum. India's solar adoption could generate about 1.2M tons of photovoltaic waste by 2040, much of which is hazardous. Panels are sourced from asset developers, EPC firms, manufacturers and dismantlers. 2,000 metric tons in their pipeline. ₹5CR pre-seed round. Other investors in the round: Oorjan Cleantech, Gautam Das. Founded in 2024.
B2B e-commerce platform that specializes in building materials. The company provides a line of credit to emerging architects, contractors and builders, powered by NBFCs like Muthoot Finance and Rupifi. ₹6CR seed round from the corporate venture capital arm of Somany Impresa Group, the owners of Hindware.
Therapeutics company developing a new class of targeted medicines for genetic kidney diseases. Nanoparticle therapeutics deliver "cargo" directly to kidney cells. This is a disease modifying medicine that transforms life for 12 million patients worldwide who have no effective treatment options for ADPKD, an inherited disorder. $3.5M seed round, bringing total funding till date to $6M. Founded in 2021.
Platform for the sale/purchase of pre-owned residential properties, starting with the Gurgaon market. The goal is to scale monthly GMV from ₹10CR to ₹100CR over the next 12-18 months. Properties are verfified, and come with a 900 day sale guarantee and complete transaction management - this is to take on issues of bogus listings, price opacity and unprofessional brokers. Their Data IQ engine analyses over 100K market data points to predict prices. $2M seed round. Other investors in the round: Mohit Gupta and Gunjan Patidar (Zomato), Gaurav Sharma (SaaS Labs), Ramanshu Mahaur (Spinny). Co-Founder Rahool was the founder of Fitso (acquired by Zomato).
AI data privacy and governance platform for enterprises. The focus is on payments companies and NBFCs and will expand to other financial institutions. No information on traction/pilots. ₹12CR seed round.
Gaming startup developing a yet to launch social gameplay platform called Centarius, which operates on the web (no app required) and offers a selection of midcore titles across genres, integrated with social and competitive elements to drive player engagement. The platform also serves as a distribution mechanism for indie developers. Will collaborate with gaming influencers to expand its user base. $255K pre-seed round. Other investors in the round: Dhruv Vohra, Sourav Gupta.
Loyalty and rewards platform for users to manage credit card and travel loyalty rewards. An app that provides rewards management and bill payment services. The company manages 1M credit cards, 400K loyalty program accounts. It has 100K users who pay their credit cards through the platform and an ARR of $1.1M. $1M in a mix of equity and debt Investors in the round: DSP Family Office, Venture Catalysts, and Suvrat Sehgal. Comps: CRED, CheQ.
AI-led B2B visa processing company, which enables agents, corporates and OTAs to process visas for over 80 countries. "“With AI, documentation can be made virtually error-free, reducing rejection chances considerably." 75K visas processed in the last six months with a 99.5% success rate. Also offers an insurance product which refunds booking value in case of visa rejections, and a global eSIM offering. ₹4CR bridge round, further to a ₹6.6CR seed round last year. Founded in 2023, the founders are ex-CRED and MakeMyTrip. Comps: Visa2Fly (M Venture Partners, Flipkart Ventures and others);
Packaged food brand focused on baked products, set to launch this December. The company is building an offline distribution network, aiming at 25,000 general trade stores to start with, particularly in Tier 2/3 cities. They are setting up a 40K square foot fully automated manufacturing facility in Noida. “Our goal is simple: deliver good quality, Indian-made confectionery at a Rs 20 price point, for the real Bharat.” ₹20CR round.
Home cleaning products brand - laundry and dishwashing liquids, floor and surface cleaners. The brand uses paper cartons and has a recycling program to drive down plastic wastage seen by traditional brands. Sold D2C and through marketplaces. Founded in 2021, Mumbai HQ. Comps: The Better Home, Beco, and incumbents like Unilever and Godrej. ₹18CR/$2M round.