SERIES A TRACKER

Tracking Pre-Series A and Series A deals that close in India every week

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Links out to the the websites of the startup and its investors, along with LinkedIn profiles of the founders and fundraising news.

Leafybus is a sustainable mobility startup pioneering electric intercity bus travel. Since launching on the Delhi–Dehradun corridor with India’s first 360 kW fast-charging station, it has delivered three daily round trips and 900 km of service per bus each day. With a focus on efficiency and affordability, the startup offers services across high-demand routes like Agra, Lucknow, Chandigarh, Amritsar, and Patna. $4.1M pre-Series A round led by Enetra India, supported by Singapore’s Impact Capital Asia Management (ICAM), to scale its fleet from 10 to over 100 electric buses in the next two years and enhance real-time trip planning and operations tech. CEO Rohan Dewan steers strategy and execution, while Co-founder Animesh Sharma oversees operations and technology integration.

Founders
September 2, 2025
Fundraise news
Investors
Wk 36 (1-7 Sep)
Aug 25

Wastelink is a Delhi-based clean-tech startup turning food surplus into reliable animal feed. Its proprietary product, ECOMIX, uses AI-powered processing and reverse supply chain tracking to transform FMCG leftovers into traceable, nutrient-consistent feed, helping farmers and feed manufacturers avoid price volatility while supporting over 38,500 animals each year. The platform serves more than 5,000 pincodes across India and has upcycled over 35,000 tonnes of waste so far. $3M Series A round led by Avaana Capital, with proceeds earmarked for scaling nationally, enhancing R&D, and expanding its technology platform. Co-founder and CEO Saket Dave leads vision and strategy, while Co-founder Krishnan Kasturirangan oversees technology and operations.

Founders
August 25, 2025
Fundraise news
Investors
Wk 35 (25-31 Aug)

Manastu Space is a spacetech startup crafting eco-friendly propulsion systems for satellites. Founded in 2017, the company is pioneering non-toxic, high-performance alternatives to conventional fuels. Alongside propulsion, it is also working on services like in-orbit refuelling, safe deorbiting, and extending satellite life, helping space companies cut costs and reduce space junk. $3M extended Series A (or extended Pre-Series A) round led by Capital-A, with continued backing from Capital 2B, Indian Angel Network (IAN), E2MC, the Bhagnani Family Office, and Jeet Chandan. Co-founder and CEO Tushar Jadhav spearheads strategic direction and technical vision, while co-founder and CTO Ashtesh Kumar leads R&D, technology development, and execution.

Founders
August 12, 2025
Fundraise news
Investors
Wk 33 (11-17 Aug)
Aug 6

Hylenr is a clean-energy innovator building compact, carbon-free heat systems using proprietary Low Energy Nuclear Reaction (LENR) tech that converts a small electric input into amplified heat, ideal for industrial, residential, and space applications. Led by breakthrough R&D and backed by patents, the startup is moving quickly from lab demos to real-world pilots with mission-aligned partners. $3M Pre-Series A round led by Valour Capital and Chhattisgarh Investments Ltd, with individual participation from Karthik Sundar Iyer and Anant Sarda. Co-founder and Chairman & MD Siddhartha Durairajan drives strategic vision and global outreach. Co-founder and CEO Ram Ramaseshan leads operational execution and business development. Co-founder and Chief Innovation Officer Prahlada Ramarao leads the push on new ideas and tech development.

Founders
August 6, 2025
Fundraise news
Investors
Wk 32 (4-10 Aug)
Jul 24

EVeez is a platform enabling access to electric bikes via flexible subscription plans primarily for gig workers, delivery partners and small logistics operators. Started in 2019, EVeez operates a fully managed fleet of e‑bikes across 15 cities. The service removes barriers to EV access by offering weekly plans (starting ₹1,100), maintenance support, insurance, and battery swaps letting riders transition from petrol scooters to electric bikes without upfront investment, while boosting their net earnings through lower operational costs. $5.4 M Series  A round led by the Michael & Susan Dell Foundation, with participation from Caret Capital, ThinKuvate, Ev2 Ventures, Barbershop With Shantanu, SailThru Ventures, and Ah! Ventures Fund. CEO & Co‑founder Gaurav Rathore shaped EVeez’s vision to provide affordable, zero‑emission two‑wheeler access for last‑mile delivery partners, increasing adoption among first‑time gig workers. COO & Co‑founder Abhishek Dwivedi leads operations across fleet scaling, partnerships with aggregators, and ensuring vehicle uptime and rider profitability.

Founders
July 24, 2025
Fundraise news
Investors
Wk 30 (21-27 Jul)
Jul 7

Shrimpl is a Singapore-headquartered agritech startup that’s bringing data-driven precision to shrimp farming. Their platform combines in-depth biological models, AI, satellite imagery, and environmental sensors to give farmers a clear view of farm health, risks, and sustainability metrics like carbon emissions. This holistic approach helps improve yield, reduce disease, and make shrimp farming more profitable, especially in countries like India, Brazil, and Vietnam. Round led by MileDeep Capital, the strategic investment arm of Hyderabad’s Mile Deep Group, to accelerate Shrimpl’s entry into the Indian shrimp-farming market and build out its analytics capabilities in Asia and Latin America. Ciaron McKinley, CEO- spearheads Shrimpl’s commercial rollout and data-product strategy. Dr. Daniel Penalosa, Chief Scientific Officer oversees bioeconomic and risk analytics.  Dr Tom Ludescher, Chairman & Chief Strategy Officer drives finance, insurance, and global scale planning

Founders
July 7, 2025
Fundraise news
Investors
Wk 28 (7-13 Jul)

Loopworm is a Bengaluru-based biotech startup rethinking how the world produces protein- by using silkworms instead of traditional industrial reactors. Their “reactor-free” approach lets them grow useful proteins, enzymes, and other materials directly inside insect biomass, making the process faster, cheaper, and more scalable. Founded in 2019, the startup runs a 6,000-tonne/year insect-processing plant that exports products globally- serving aquaculture, pet food, diagnostics, and animal vaccine markets and has secured international certifications. $3.25M Pre‑Series  A round led by WaterBridge Ventures and Enrission India Capital. Ankit Alok Bagaria, Co‑founder & CEO- leads vision and commercialization after developing Loopworm’s core biotech process. Abhi Gawri, Co‑founder & CTO oversees tech development and product innovation direction.

Founders
July 1, 2025
Fundraise news
Investors
Wk 27 (30 Jun - 6 Jul)

Oben Electric is a Bengaluru-based EV startup focused on manufacturing performance electric motorcycles built entirely in-house, from battery packs and vehicle control units to home charging solutions. With a production facility in Jigani capable of rolling out 100,000 vehicles annually, Oben has expanded rapidly across India, now operating 37 showrooms in 26 cities and employing over 500 specialists in engineering and EV tech. ₹100CR Series A round (₹50CR in January 2025 + ₹50CR in May 2025) led by Helios Holdings, the Sharda family office, and the Kay family, bringing the company’s total funding to ₹200CR. Founders: Madhumita Agrawal (Founder & CEO), Dinkar Agrawal (Founder, CTO & COO), and Sagar Thakkar (Co-Founder & CPO).

Founders
June 19, 2025
Fundraise news
Investors
Wk 25 (16-22 Jun)

Seed deals that closed each week, every Monday morning.

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