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.
Real innovation in sustainable packaging solutions. Seaweed is sourced from villages and converted into clear thin films (to produce bags and wrappers); coatings (to ensure food preservation in food takeout/delivery packaging); and to produce wood-free paper (used for clothes tags, cartons and bakery boxes). Supplies primarily to Europe and GCC countries. ₹20CR raised in this seed round, which also included VC Grid, 7th Gen Ventures, Spectrum Impact and LNB Group. Also received a $100K grant from the Peak XV Spark Fellowship Programme.
Operates two B2B listings platforms for commercial vehicles, TrucksFloor and MotorFloor, to help buyers research new vehicles and connect with dealers. TrucksFloor is as the name suggest, while MotorFloor covers 3 wheelers, buses and tractors. Essentially a CarWale/CarDekho for commercial vehicles. Headquartered in Bhubaneswar, focused on buyers from Tier 2 cities and beyond. Pre-seed round, amount undisclosed.
Omnichannel marketplace for the purchase and financing of used tractors. Jabalpur based, outlets across eight towns in Madhya Pradesh. ₹4CR raised in this pre-seed round. Other investors in the round: Dhingra Partners Prosperity Fund, Samir Sood (ex Venture Highway), Abhishek Goyal (Tracxn), Puneet Kumar (Steadview Capital).
B2B construction materials marketplace. Connects manufacturers and retailers and has served 1,000 retailers in Kolkota. Construction materials is a highly fragmented industry with national players capturing <50% of the market. Seed round, amount undiclosed.
Building a digital sports ecosystem: a marketplace for sports equipment, a platform connecting athletes and institutions with brands for sponsorships, and a sporting events booking platform. $100K raised in this round.
Electric tractor company developing a range of heavy duty tractors, with two products to start with (50HP and 75HP tractors). The goal is to significantly reduce operating costs for farmers who rely on diesel tractors. $2.2M raised in this seed round.
AI enabled decision intelligence platform for large enterprises to optimize their logistics operations. Clients include Puma, Godrej, Metro Brands and Decathlon. Fundraise towards building global GTM. ₹6.75CR raised in this seed round, with other investors including Rajesh Sawhney, Dinesh Gulati, Dinesh Agarwal, Murugavel Janakiraman and SanchiConnect.
Decarbonisation platform for the manufacturing industry, focused on reducing Scope 3 emissions (i.e. indirect emissions produced from a company's supply chain). Fitsol has two service lines: an online platform helps manufacturers measure, report and benchmark emissions, while a marketplace provides green logistics, sustainable packaging, waste management and carbon offsetting services. $1M raised in this seed round.
Third party logistics using EVs. Targeting underserved Tier 2 cities. Aims to deploy 2,500 vehicles. Company was formerly known as EV91Technologies. ₹5CR raised in this seed round.
Customised fitouts, fixtures and furniture for premium retail outlets and workspaces. Utilizes in-house manufacturing and design. Clients include Emporio Armani, Kalki Fashions, Tumi. ₹3CR raised in this round.