An "AI-native operating system" for e-commerce brands. The commerce stack 1) brings together AI agents to automatically generate content for catalogs and marketing; 2) creates localised ad campaigns and identifies customer segments and 3) adapts online stores for each visitor in real time (layout/content/recommendations). $20M round. Co-founders Sai Krishna (Stanford) and Ajay built Scapic together - AR/VR experiences for e-commerce, acquired by Flipkart. The two then worked together at Flipkart to head Flipkart Labs, before joining Polygon Labs together. Founded in Mar 2024. Comps: lots.

The company runs ENQBooks, an AI powered lead management platform - automating workflows, scoring leads and improving conversions. Since launch it has generated 2M leads and is used by 100 professionals across industries. Funding from an undisclosed angel. Originally incubated at AIC-BIMTECH. Founded in Oct 2023. The two founders, Divya and Keshav, have been running KBCD, an IT services firm, for over a decade.

Carbon emissions management platform. Combines SaaS tools with a network of solutions providers to provide the typical services offered, i.e. carbon measurement across the supply chain, benchmarking, reporting and compliance. 30 clients include Thermax, Delhivery and VW Group. $3M seed round. Founders: CEO Akash was most recently at Arista Networks, co-founders Rohit and Ravi were respectively co-founder and engineer at Arkin Net (acquired by VMware), the fourth co-founder Hemant Joshi (not linked here) is a Founding Partner of Pentathlon Ventures, the SaaS-focused VC firm. Founded in Apr 2022. Comps: GreenStitch (focuses on fashion/textiles, funded by Equirus/IvyCap, Warmup), Fitsol (focuses on manufacturing clients, funded by Transition VC), Sustainiam (also provides certificate issuance and trading, funded by Orios).

Omnichannel Gen AI stack to help enterprises drive sales conversion. The company drives sales automation 24/7 across voice, text-base chat and digital, and provides conversation insights. Clients across industries/geographies range from Giva (jewellery brand) and Emaar to Mashreq Bank, Aditya Birla Capital. $1.5M seed round. Other investors in the round: Growth Sense, Growth91, angels (Ankit Nagori, Sanjay Suri, Amit Lakhotia, Mekin Maheshwari). Founders: Ajay is a Venture Partner at First Cheque, was an Associate Director for New Initiatives at PayU and a GM for Market Expansion at CARS24; Hanit looked at business finance for North and East India at Udaan, prior to which she was at EXL; Kushal is from a sales background (Prestige Group, Hindustan Coca Cola). All three are from IIM. Founded in Jan 2022.

SaaS for childcare centres, from standalone preschools to chains that run such centres. "Aims to become the global operating system for childcare centres" - used by 3000 centres across 56 countries. Provides the full suite of SaaS tools - parent communication, learning and assessment tools, enrolment, attendance tracking and billing/payments. $2.5M seed round. Founders: CEO Navneet was an engineer at Media iQ for five years; CTO Sourabh and CPO Purva were also at Media iQ and at Oracle - Purva was also briefly Director of Product Management at Paytm Ads. Founded in Mar 2018. Comps: Brightwheel (SF, $55M Series C from Addition, Emerson Collective); Lillio (Canadian, $50M Series B from Bain Capital Double Impact); LineLeader (PE owned).

Cybersecurity firm that simulates real world attacks on AI systems for enterprise. $1.2M seed round. Angels in the round: Charlie Songhurst (board member at Meta), Vivek Raghavan (Sarvam.ai), Satya Vyas (Project Hero). The two co-founders were at IIT Roorkee together before founding Repello. They built Strello (enabling chat with users on the same website) for a year prior to this during college. SF and Bengaluru based.

Social commerce product suite to simplify monetisation for creators via high-traffic platforms (IG/WhatsApp/Telegram). 4 primary tools: link-in-bio storefronts; chat automation tools; smart links to streamline mobile checkout; affiliate program infrastructure to connect brands with influencers. $200K pre-seed round from undisclosed angels. Founders: the CEO was founder of Encore 2.2 (motorcycle accessories brand); the COO was the founder of MAGIC and comes from Genpact and GE Capital. Comps: Kosmc presents itself as an all in one alternative to Linktree+Shopify+Bitly and so on.

Agentic-AI led debt recovery platform that connects financial institutions (banks and NBFCs), legal teams, recovery agents and valuers on a single automated system. Traditionally, manual and branch-dependent processes lead to compliance issues for banks as well as delays (40% of delays could be avoided with automated workflows). "Banks rely on Excel spreadsheets and manual procedures for something that ought to be highly automated and compliance-driven. This increases operational costs and also diminishes recovery efficiency". Pre-seed round of an undisclosed amount. Founder Abhishek was the co-founder of SYAN Automation (IoT for home) with brief stints at BCG and Deloitte.

Data security for Gen AI apps. Gives IT and security teams visibility into how AI is used across enterprises. Unbound's infras makes AI safe, observable and governable within large organisations. Their main product, Unbound AI Gateway, integrates with tools like Cursor, Roo, Cline, and internal copilots. "Defaulting to blanket bans on AI tools is like being in the times of GPT-3.5," notes CTO Subbiah. "Unbound introduces surgical security controls into every AI request so teams can innovate without compromising sensitive data." $4M seed round. Other investors in the round: Massive Tech Ventures, Northside Ventures, Liquid 2 Ventures, Pioneer Fund, Ram Shriram and others. Founders: the CEO started out at Datamattic and Adobe in Bengaluru, followed by Imperva and Palo Alto Networks in the Bay Area - and is also a Venture Partner at Pioneer Fund. His co-founder was at Adobe for seven years followed by Tophatter. Both founders are PSG College of Technology alumni. Comps: Singulr AI (Nexus, Dell).

Agentic AI solutions for 7M+ local service businesses in the US. Helps small businesses like beauty salons, wellness studios, pet groomers get discovered, booked and re-booked - for e.g. by responding to leads 24/7. In a year the startup has driven 120K bookings for 1000 businesses, helping those businesses generate $10M in revenue. $6M seed round. Other investors in the round: Better Capital. The founders are IIT Kharagpur. The CEO Ashish had stints at Cognitio Education, WedMeGood, Able Jobs; Robin was a consultant at EXL.