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.

Leading battery recycling and critical mineral recovery company which uses its proprietary Net Zero Waste, zero emissions hydro-metallurgical process to extract battery-grade Lithium, Nickel, Cobalt, and Manganese from end-of-life lithium-ion batteries and manufacturing scrap, reintroducing them into the domestic battery supply chain to enable a circular economy for critical minerals. ₹105CR Series A led by IvyCap Ventures, with participation from existing investors Zephyr Peacock, Mankind Pharma Family Office, Excel Industries Family Office, and JITO. Founded in 2020, Gurugram-based. Utkarsh (BML Munjal University, BS Computer Science ’18) previously worked as Business Head for European and North American Markets at CNS Comnet, and prior to that as Operations and CSR Lead at the Raman Kant Munjal Foundation. Vikrant (BML Munjal University, BTech Mechanical Engineering ’19) conducted research in lithium-ion cell fabrication at university and co-founded Batene India (structural engineering consultants) during this time.

Founders
July 2, 2026
Fundraise news
Investors
Wk 27 (29 Jun-5 Jul)

DeepTech startup developing proprietary liquid desiccant-based AC and dehumidification systems for industrial applications, using a process that removes moisture directly from air, cutting the energy consumed in humidity control by up to 50% compared to conventional cooling systems, without harsh chemicals. They serve sectors like pharmaceuticals, semiconductors, electronics, battery manufacturing, food processing, chemicals, and textiles where precise, energy-efficient humidity control is critical. $1.05M Pre-Series A led by Transition VC. Founded in 2021, Mumbai-based. CEO Sudarsan M S (IIT Madras, BTech Mechanical Engineering ’20) previously served as a Tata Trusts’ Entrepreneurs for Impact (e4i) Fellow at Social Alpha for approximately a year, and prior to that as Head of Project Management at the Centre For Innovation (CFI) at IIT Madras for over a year. CTO Srihari (IIT Bombay, MTech Mechanical Engineering ’23; Rajalakshmi Engineering College, BE Mechanical Engineering ’18) previously served as Project Technical Assistant at the Heat Pump Laboratory at IIT Bombay for approximately four years (concurrent with his MTech research), and prior to that as Research Assistant at IIT Madras for approximately a year.

Founders
July 1, 2026
Fundraise news
Investors
Wk 27 (29 Jun-5 Jul)
Jun 16

Industrial AI transformation platform delivering VR-based training and real-time AI-powered field guidance for frontline and non-desk workers, through immersive VR modules, smart glasses, and mobile applications. Its AI engine converts existing documents into VR training modules, cutting development time significantly, while also helping workers identify unsafe conditions and reducing manual inspection and paperwork on the job. Has trained over 5,00,000 users across North America, Europe, the GCC, and India in companies including Amazon, Shell, ADNOC, ExxonMobil, Bosch, and NTPC. The company has crossed $8M in annualised revenue within 12 months of its global roll-out. $2.4M round co-led by Singularity AMC's Large Value Fund III and Early Opportunities Fund, along with existing investor Lumikai. Founded in 2016, Bengaluru-based. Founders: Ashwin (BITS Pilani '15) was an Apps Dev Programmer at Citi for a year before co-founding AutoVRse. Adarsh (RV College of Engineering '14) was an Application Engineer at Fybr for a year.

Founders
June 16, 2026
Fundraise news
Investors
Wk 25 (15-21 Jun)

Robotics and AI company building systems for industrial, defence, security, warehousing and manufacturing operations. Its portfolio spans collaborative and industrial robotic arms, unmanned ground vehicles, vision systems and automation platforms, all built on a shared technology architecture that combines human supervision with machine autonomy. $1.12M pre-Series A co-led by Finvolve and India Accelerator, with participation from GrowthCap Venture Fund. Founded in 2017, Bengaluru-based. Founders: Abhit (Dr. A.P.J. Abdul Kalam Technical University, Bachelor's in Biomedical Engineering '16) has been CEO of the company since founding it in 2017, with no previous work experience available. CMO Cameron (Digital Youth Academy, IT Application Specialist Apprenticeship; Canterbury College, Creative Media Production Diploma) was Social Media & Community Manager at Wevolver for 3 years 3 months and a Contributing Writer for HackSpace Magazine for 1 year before co-founding Integra Robotics.

Founders
June 10, 2026
Fundraise news
Investors
Wk 24 (8-14 Jun)

Green chemical propulsion systems for the global small satellite market, offering an indigenous, non-toxic alternative to conventional satellite thrusters. Its flagship CUBEHOOD module is a plug-and-play propulsion system, designed for safer and more sustainable space missions. Incubated at IIT Kanpur, with an active contract with ISRO for technical support on its first in-orbit demonstration mission planned for 2026. ₹10CR pre-Series A round led by 247VC and Campus Angels Network, with participation from Chandigarh Angels Network and other angel investors. Founded in 2022, Chennai-based. Founders: Hari Krishnan KJ (Indian Institute of Technology, Kanpur, PhD Aerospace; Hindustan University, BTech Aerospace Engineering '21)- no previous work experience available. Rogith (IIT Kanpur; Hindustan University, Bachelor's Aeronautical/Aerospace Engineering '21) did a 2-month internship at MLR Institute of Technology in 3D modelling and flight simulation before co-founding Dream Aerospace.

Founders
June 13, 2026
Fundraise news
Investors
Wk 24 (8-14 Jun)

Aerospace and defence tech company building mission-critical systems and subsystems for space, launch vehicle, and defence applications. Includes propulsion systems, avionics, and guidance and navigation technologies. The company is an official supplier for India's Gaganyaan human spaceflight programme, contributing hardware for astronaut training simulations. $3.3M / ₹31.5CR Series A led by Helios Holdings, with participation from angel investor Meenu Sharma. Founded in 2016, Bangalore based. Founders: Chairman & MD Shaju (University of Hull, MBA) was previously the MD and CEO of SENER India (engineering services for the aerospace industry). CEO Sunderarajan (Kerela University) was previously the Director of Aerospace at SENER India . CTO Pradeep is a retired Group Director from ISRO and brings 40+ years in propulsion systems experience. Sabu Joseph (Director, People and Culture), Amarnath Reddy (GM-Systems Engineering) and Varun Kurup (Director, Finance) also co-founded the company alongside them.

Founders
June 5, 2026
Fundraise news
Investors
Wk 23 (1-7 Jun)

Building next-generation power management systems for AI data centres and cloud infrastructure. The company focuses on redesigning how power is delivered from the grid all the way to processor cores. Instead of optimizing individual components. Their software-defined power management platform reduces energy waste and heat at every conversion stage between the grid and the processor. The company recently completed the tape-out (a tape-out marks when a chip's design is completed, verified, and sent to a foundry to be manufactured into physical silicon) of its first smart power stage chip, designed entirely in India. A $15M Series A round closed in Feb 2025, led by Peak XV Partners, with participation from Yali Deeptech & TDK Ventures. That round has now gone up to $16.7M, with additional participation from TDK. Founded in Jun 2024, Bangalore based. Founders: CEO Ram (Rutgers Master's) was at Texas Instruments for 20 years (with almost a decade heading Power Management Products); Director of Mixed Signal Design Vikram (IIT Delhi '00; Stanford Master's 03) was also at TI for 20 years (applications engineer); VP of Engineering Preetam (IISc Master's '00) was at TI for 24 years (Architect and Chief Technologist).

Founders
May 29, 2026
Fundraise news
Investors
Wk 22 (25-31 May)
May 31

Controlled environment tech to keep extend the shelf life of fruits and vegetables, without requiring enclosed structures. Its customers include BigBasket, Paiyur group, and the distributors that work with Hyperpure and Zepto. Its proprietary tech actively control sethylene -the plant hormone that governs the ripening process- alongside a broader set of microclimate variables. ₹1.6CR Pre-Series A round (as labelled by the company) from angel investors affiliated with Keiretsu Forum Chennai Chapter, and IN44 Capital. Incubated at IIT Madras Research Park. Founded in May 2019, Chennai based. Founders: CEO Guru (Thiagarajar School of Management '19) was a Subject Matter Expert at Straive (data analytics); CTO Dinesh was a Project Manager at Emaar Farm Technik and Agrotron Automation Management, prior to which he was a Sr Project Engineer and Automation Team Lead at Chemtron Science Laboratories.

Founders
May 31, 2026
Fundraise news
Investors
Wk 22 (25-31 May)

Manufacturer of high-performance electrical connectors and interconnect systems. A connector is a detachable electromechanical device used to join two or more electrical circuits/wires. The company supplies manufacturers across electric mobility, aerospace, defence, avionics, and industrial sectors, with custom-engineered precision contacts, miniature connectors, and connectivity solutions. Incubated at IISc,. Current revenue scale unknown. ₹77CR Series A led by IvyCap Ventures, with participation from Jamwant Ventures, 8X Ventures and angels. Founded in 2019, Bengaluru-based. Founders: CEO Ajith (BTech Civil Engineering, College of Engineering Trivandrum '10) previously worked at UCORE Connectronics (his own firm), HPCL (in sales), and Simplex Infrastructures (as project engineer). CTO Punit (NIT Karnataka '10) was previously an Assistant Manager at HPCL for 7 years.

Founders
May 27, 2026
Fundraise news
Investors
Wk 22 (25-31 May)

Biotechnology company focused on cell and gene therapies. It develops next‑generation therapies utilising Chimeric Antigen Receptor T (CAR-T) cells to treat cancers and blood disorders with an aim to make life-saving therapies more affordable and accessible. Current treatments cost $500-$700K, the startup aims to price its treatments at $60-$70K. . This round will be used to advance Cellogen’s CAR‑T clinical programs, expand its gene therapy pipeline, and strengthen its GMP‑compliant manufacturing and regulatory capabilities. ₹20CR Series A led by Kotak Alternate Asset Managers via its Kotak Life Sciences Fund I (KLSF-I). Hyderabad-based pharmaceutical company Natco Pharma acquired a ~5% stake in Cellogen Therapeutics for ₹15CR in 2024. Founded in 2021, Noida based. Founders: Dr. Gaurav Kharya ( Netaji Subash Chadra Bose Medical College, Jabalpur '21) has been the Director of the Department of Bone Marrow Transplant and Cellular Therapy at Apollo Hospital in Delhi since 2019; Dr. Tanveer Ahmad (Masters in Biochemistry, University of Kashmir '07) has been an Assistant Professor at Jamia Millia Islamia since 2017.

Founders
May 18, 2026
Fundraise news
Investors
Wk 21 (18-24 May)

Seed deals that closed each week, every Monday morning.

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