Tracking Pre-Series A and Series A deals 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.
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.
Nutritional products including multivitamin and probiotic mixes, as well as fiber supplements, for kids and adults. Retails D2C and through quick commerce and eCommerce. ₹25CR (~$2.2M) Pre-Series A extension led by RPSG, along with Sharrp Ventures. Other participants include Aashray Family Trust and angel investors Manmohan Singh, Srivar Harlalka, Narinder Sawhney This follows the Pre-Series A last April 2025, with $2M from RPSG, Sharrp, Multiply Ventures and ThinKuvate. Founded in Oct 2021, Bangalore based. Founders Amarpreet and Sahiba are married. Amanpreet (IIT-BHU '99; IIM Calcutta '01) is an ex-Diageo EVP (six years); Mondolez (heading chocolates category) and Cadbury (11 years); Sahiba is from Delhi University; no prior information on her background.
D2C travel accessories with a multi-brand approach, including a line of suitcases sold under Hritihik Roshan's HRX brand. Travel products include luggage, backpacks, neck pillows and passport covers. Currently at ₹300CR annualised revenue, with 200K pieces of luggage sold every month and 600-700K customers served so far. Sold through marketplaces, D2C and through a growing offline network of 25 stores - the company plans to open 200 stores over the next few years. "“Everyone else is building brands. We’re building a platform. Like Decathlon for sports or Lenskart for eyewear, we want to solve for every travel need, across price points and geographies.” $25M Series A led by Jungle Ventures. $5M seed round from First Cheque at Jungle Ventures and Fireside Ventures in July 2025. Angels in the seed round: Revant Bhate (Mosoaic Wellness), Abhishek Goyal (Tracxn), Harsh Shah (Fynd), Chirag Taneja (GoKwik), Ramakant Sharma (Livspace) and more. Founded in Feb 2025, Bangalore based. Founders: Abhinav Pathak built Kalaari, Venture Highway and Prime backed Perpule, a cloud-based POS which was acquired by Amazon in 2021, before spending two years with Amazon; Abinav Zutshi is from Landmark Group, Trent and Big Bazaar.
Athleisure brand selling premium, sustainable everyday apparel for fitness and life beyond the gym. Focused on Gen Z and millennial consumers (15-30 age group), the brand designs and manufactures its own range of leggings, joggers, tops and loungewear. The company is targetting ₹40CR by end FY26. ₹40CR (c. $4.4M) Series A round led by Sharrp Ventures with ₹21CR, along with V3 Ventures and existing investor Spring Marketing Capital who led the seed round with $1.14M in June 2024. Founded in Oct 2020, Bangalore based. The two founders, Ria (University of the Arts London '21) and Shreya (Warwick '24), are sisters and started out of college.
D2C accessories brand building a Gen-Z–first playbook around trendy, affordable fashion. The brand sells a wide range of everyday jewellery and accessories online, with quick design drops. Beyond earrings and necklaces, it has expanded into lifestyle add-ons like sunglasses, scarves and bag charms, with bags next on the roadmap. ₹30.1CR in a fresh funding round led by MG Investment; along with Anicut Capital, All In Capital and JK Group who led the seed in Jan 2024. Founded in Jul 2022, Delhi based. Founders Kanishka (SRCC '18) and Twishaa ('18), both ex-EY Parthenon, were the co-founders of Wizaru (online extra-curricular platform for kids); co-founder Sonaal (SRCC '18, ISB '22), ex-BCG, was previously the Head of Operations at Ranicherra Tea.
Clean-label packaged food brand building healthier everyday snacks and sauces for kids and families. The company focuses on nutrient-dense products like roasted snacks and cooking sauces made without preservatives, artificial colours, or palm oil. Designed to boost protein and fibre without compromising on taste, it is a better-for-you alternative to junk food. $5M in a Series A round led by Fireside Ventures and Sharrp Ventures, along with Sring Marketing Capital and Veltis Capital. All four participated in the Pre-Series A round of ₹20CR in May 2025. The seed round was in 2023. Founded in Oct 2021, Gurgaon based. Founders: Mansi (IIM Bangalore) spent close to a decade at Bain & Company; Aditya (SMU, as well as IIM Bangalore) is a product guy from Zomato, Hike, Limeroad. He built Super School, an interactive learning app, for five years.
Kitchenware brand that launched in 2025 with a range of enamel cast iron products - pots and pans, tawas and kitchen tools. This is a premium brand, priced at ₹4,999 for a small pan. The product portfolio was expected to expand to 80+ products by end 2025 (at the time the seed round was announced). $5M Pre-Series A round led by Fireside along with Huddle, who were in the $1.5M seed round in Aug 2025. Alteria Capital joins this round. Founders: Niharika (ISB) was the Head of B2B Growth for Workplace at Meta and VP for B2B Sales at Noise; Udit (also ISB) is from Monitor Deloitte, EY-Parthenon, Zomato (Head of Growth and Partnerships) and Mastercard (Director - Growth). Comps: Indus Valley (DSG), Palette Brands (Rockstud Capital), incumbents Le Creuset and KitchenAid.
Homegrown D2C sneaker brand blending Indian culture with contemporary streetwear. The company designs and manufactures premium sneakers inspired by Indian art forms, regional stories and youth culture. With all design and production done in-house and materials sourced locally, Gully Labs focuses on craftsmanship, cultural storytelling and community-led retail, while scaling from online-first to offline stores and building early traction in global markets. ₹30CR Series A round led by Saama Capital, with participation from existing investor Zeropearl VC. The round attracted participation from a mix of founders and angel investors across the consumer and technology space, including Sangeet Agrawal of Mokobara, Viraj Bahl of Veeba, Unacademy co-founders Roman Saini and Gaurav Munjal, Genesis Luxury founder Sanjay Kapoor, and Edelweiss Mutual Fund MD and CEO Radhika Gupta. Co-founder Arjun was previously a fund operator at Graph Advisors. Co-founder Animesh was previously a senior project leader at Bain & Company.
Food and beverage company building a portfolio of homegrown consumer brands anchored in craft and quality. Best known as the parent of Maverick & Farmer Coffee and Square Burgers & Co., the company operates an end-to-end model that spans sourcing, product development, retail and hospitality. Its focus is on creating scalable Indian F&B brands that stay rooted in origin, experimentation and long-term brand value rather than quick expansion. $1.5M in an ongoing pre-series A round led by CreedCap, with participation from Rohan Bopanna (Indian tennis player), Rahul Dravid (former Indian cricket team captain) and Meraki Sport & Entertainment. No previous information available on the founder and general manager- Ashish and Tej respectively. Partner Sreeram was previously a director at Origami Creative Concepts.
Science-led skincare brand building dermatologist-recommended products tailored for Indian skin needs such as pigmentation, uneven tone and excess oil. The brand formulates clinically tested solutions using proven actives like niacinamide, retinol and hyaluronic acid, with a focus on hydration, skin repair and long-term skin health. Winner of the Beauty & You Award by Estee Lauder & Nykaa. ₹24CR Series A Round led by Spring Marketing Capital, along with Lotus Herbals’ Beauty Innovation Fund, Arihant Patni and existing backer Unilever Ventures. Founded in Mar 2022, Udaipur based. Founders: CEO Piyush was previously the Co-Founder of Yorgain, a haircare supplement brand. He was at P&G for 10 years, most recently as Director of Home Care, Skin & Personal Care; CPO Dr. Prashant Agrawal is a skin specialist and hair transplant surgeon.