Textile and apparel manufacturer specialising in premium woven and knitted fabrics, best known for corduroy and velveteen. They are big on sustainability and staying abreast with emerging global trends with their in-house R&D team. ₹200 CR series A round from the Lohia Family Office, operated under Indorama Capital Holdings Pte. Ltd. No information available on their founders- Arun Jain, Rajender Jain and Anil Jain.

Omnichannel platform that simplifies how interior materials are sourced. Built for architects, designers and homeowners, it brings a large, curated catalogue of tiles, laminates, surfaces and fittings onto its marketplace, supported by 3D visualisation tools and three physical experience centres in Bangalore (with a heavy focus on private label brands). Will open 30 more centres in multiple cities in the next 12-18 months. By connecting projects directly to manufacturers and handling logistics in-house, Material Depot cuts friction in procurement while offering transparent pricing and faster delivery. $10M Series A co-led by Accel and Stellaris, along with Whiteboard Capital, DeVC, Soma Capital, MyAsiaVC and angels Ramakant Sharma (Livspace), Ankit Nagori (Curefoods), Shashvat Nakrani (BharatPe), Niraj Singh (Spinny), Abhishek Goyal (Tracxn). Part of YC Winter '22, $4M raised from YC and others in the prior round. Founded in Jul 2021, Bangalore based. Founders: Sarthak (IIT Bombay '16) was previously an AVP at Flipspaces (interior design/project execution); Manish (Blekinge Institute of Technology '15) is from BCG.

Plant-based food startup offering dairy-free alternatives using oats. The company has its own R&D and manufacturing setup, and is focused on the food service market - supplying plant-based dairy and frozen dessert products to corporate cafeterias, hotels and educational institutions, often in partnership with Compass Group and Sodexo. While B2B is the focus, it has expanded to D2C channels through premium retail outlets, experience centres and cloud kitchens. $1M Pre-Series A round. Founded in Oct 2022, Delhi based. Founders: Vedansh (Delhi College Of Arts and Commerce '23) was the founder of Finango (fundraising, compliance, ops for NGOs); Anagh just graduated from BITS Pilani with a BTech in Computer Science.

Tax and advisory firm helping companies navigate regulatory, financial and cross-border challenges. The company works with businesses across India, the UAE and the US on areas such as international taxation, transfer pricing, M&A advisory, valuations and Global Capability Centre (GCC) setup. They have worked with more than 350 clients, including multinationals, PE owned companies and Indian conglomerates. Pre-Series A round of an undisclosed amount, co-led by Raju Menon (Kreston Menon Group in the UAE) and Suresh Katamreddy (Kastech Group). Founded in Jan 2018, Hyderabad based. Founder and CEO CA Mithilesh was previously in the transfer pricing and international taxation department at EY for seven years.

Manufacturer of rare earth metals and alloys that are used in high-performance permanent magnets across electric vehicles, wind energy, defence systems and advanced electronics. Setting up manufacturing facilities in Chennai for neodymium-praseodymium (NdPr) metal (which is a key material for advanced magnets) and bonded powder alloys. ₹50CR (c. $5.5M) Series A led by ZeroW - which is part of the Mekapati Family Office (from the infrastructure company, KMC Group). Has previously raised $12M from Social Capital in the US. Founded in 2020, Chennai based. Founders: CEO Simha (Western University, Cambridge MPhil, Wharton MBA) started out at Deutsche Bank and McKinsey, followed by JPMorgan. He was then GM for Consumer Electronics at Amazon, followed by President for Toys, Sports and Fitness at Sears Corp. No information publicly available on co-founder Nagarajan Mahadevan.

Drone company building indigenous, plug-and-fly FPV (first person view) drones for defence and allied use cases. It designs high-speed, AI-enabled drones for surveillance, interception and tactical operations, with products tailored for quick deployment and ease of use. The company works closely with defence and institutional partners on customised drone systems, pilot training programmes and R&D lab setups, positioning itself as a full-stack player in India’s growing defence drone ecosystem. ₹6CR Pre-Series A round led by GVFL. Founded in Jul 2020, Surat based. All three founders, Arth, Devyant and Oshi, are from VIT and ISB.

Materials science-driven manufacturer of technical textiles and engineered fashion. The company functions as a cross-border Contract Development and Manufacturing Organization (CDMO), bringing together its in-house design lab and a global supply chain to innovate on and manufacture newly developed textiles for a range of industries beyond fashion (e.g. automative; housing; medical; protective clothing). $15M Series A funding round led by Fundamentum, with participation from South Korea based LB Investment and existing investors Lightspeed and BEENEXT, who led the $4.2M seed round in Feb 2025. Founded in Oct 2024, Bengaluru based. Founder Shreshtha, ex-ITC and Johnson & Johnson, was the Business Head for Textiles at Zetwerk.

EV infrastructure and financing platform focused on India’s 3-wheeler segment. It operates a battery-as-a-service network with swap stations that let drivers replace depleted batteries in minutes, cutting downtime and range anxiety. Alongside infrastructure, Chargeup also enables leasing and financing to lower upfront EV costs. The company aims to make EV ownership simpler, more reliable, and more profitable for commercial drivers - 10K of whom are on the platform. ₹22CR funding (undeclared, eitha Pre-Series A or Series A) backed by IAN Group, along with Capital-A and Anicut Capital. The last round was a $7M Pre-Series A1 in Nov 2022, led by Capital-A and Anicut. Founded in Feb 2019, Delhi based. Founders: CEO Varun was previously the CEO at Atlanta Energy (clean energy products/EPC); Chief Digital Officer Satish is ex-Meta and Vodafone (five years each) and was the CTO for Global Enteprise at Reliance Communications

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. ₹5CR Pre-Series A round co-led by 3one4 Capital and Rainmatter, along with 1Crowd, LNB Group and 7th Gen. Rainmatter led the ₹20CR seed round in Jan 2025, at which time they also received a $100K grant from the Peak XV Spark Fellowship Programme. Founded in Jan 2020, Mumbai based. Founder Neha is ex-Google (5 years at Google Analytics) and founded Fly by Knight (on demand delivery for Mumbai between '12-'15).

Fleet management company providing large, sustainable fleets for ride-hailing platforms in India. It owns and operates CNG and electric vehicles across major cities, partnering closely with players like Uber. It has 3,000 vehicles on its platform, is at ₹300CR annualised revenue, has saved over 6K tons of carbon emissions, and operates with Uber in five cities (Mumbai, Bengaluru, Hyderabad, Pune, Delhi). Series A round of an undisclosed amount. Founded in May 2024, Gurgaon based. Founder Karan co-founded Revv (the self drive car rental platform), building it over a decade, prior to which he was an Associate Partner at McKinsey for 12 years.