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.

Builds AI-led technology infrastructure for banks, NBFCs and fintechs to run and scale their digital lending and treasury operations. Positioning itself as an ecosystem enabler, the company connects lenders, borrowers and partners through an unified platform that supports loan origination and management - automating underwriting, UPI-based credit and real-time analytics. A co-lending stack enables banks and large NBFCs to partner with other institutions for origination and distribution of loans. The company manages over $5B in assets and has faciliated over $7B in disbursements. It supports over 150 partnerships across 85 lenders. $23.6M Series A round led by Accel; along with IIFL and Rocket Capital; and existing investors Prime Venture Partners, 3One4, Commerce VC and Trifecta. Founded in Jun 2019, Mumbai based. Founders: CEO Kushal (IIT Roorkee dual degree '09) was previously Founder & CEO of QuantMagnum Technologies (full stack platform for algorithmic trading), and before that, was a quant for a hedge fund in Austria; CBO Parthesh (Sardar Patel Institute of Technology '09) was a key account manager at Bloomberg and a business technology analyst at Deloitte.

Founders
January 2, 2026
Fundraise news
Investors
Wk 53 (29 Dec - 4 Jan)
Dec 31

Proptech startup focused on making home buying transparent, faster and easier. The company curates quality verified and fully renovated apartments in the best building societies, offering buyers clear property insights while enabling sellers to transact faster through assured pricing. Backed by data-led pricing models and complete transaction support. A 300-point checklist ensures high quality renovation standards. Focused on the Mumbai market, revenue scale undisclosed. $6.32M Series A round at a $31.6M post-money valuation, led by existing investors Stellaris (who led the seed in Aug 2024) and Orios. Founded in Jul 2023, Mumbai based. Founders: Puneet (IIT Bombay dual degree '15) was COO and CPO of Ion Energy (battery management systems), prior to which he was an product manager at Housing.com and Haptik; Monil (SRCC, Stanford MBA - years undisclosed) was a partner at startup studio Meraki Labs, a program manager at Central Square Foundation and ex-IB analyst at Deutche Bank; Ankit (IIT Delhi dual degree '07) was Head of Product, Engineering, HR at CureFit, after over four years each as a software engineer at Walmart Labs and Google.

Founders
December 31, 2025
Fundraise news
Investors
Wk 53 (29 Dec - 4 Jan)

Manufacturer of high efficiency electric motors and controllers for electric mobility and other industrial use cases. The company develops both axial flux (more powerful, smaller) and radial flux (more cost effective) motor systems between 1kW and 10kW for applications such as two-wheelers, L5 loaders, drones, power tools and agricultural equipment. The company aims to deliver fully localised powertrain solutions and strengthen India’s domestic EV and industrial motor ecosystem. Supplies to both the domestic and export market, production with this round scales to 50K motors a month. Customers and revenue traction undisclosed. $3M Pre-Series A round. Angels in the round include existing investors Mohit Tandon (Delhivery), Himanshu Aggarwal (Aspiring Minds), Vijay Shekhar Sharma (Paytm), Sunik Kalra (Stride Ventures), Aloke Bajpai (Ixigo), Narayan (Ather Energy) and new investors Anupam Jalote (iCEM), Soumitra Mishra (Operators Studio), Hemant Daga (Neo Asset). Seed led by GVFL and Ixigo co-founder Rajnish Kumar in Dec 2024. Founded in 2021. HQ in Gurgaon, manufacturing in Ahmedabad. The three founders, Abhilash (CEO), Arnav (COO) and Piyush (CTO), started out while at the Institute of Infrastructure Technology Research and Management (IITRAM), Ahmedabad.

Founders
December 29, 2025
Fundraise news
Investors
Wk 52 (22-28 Dec)

Investment advisory platform that helps retail investors manage mutual fund portfolios with research-led guidance. There are over 5,000 mutual funds that are selected by over 50M investors in India largely by word of mouth. The platform offers PowerUp Elite, subscription-based institutional-grade research for personalised fund selection, rebalancing and goal planning. PowerUp Elite has over 25,000 paying subscribers. The company has also launched Power FD (find the highest paying fixed deposits across banks and NBFCs) and Power Age (long term wealth planning). With this round, customers will be able to begin their purchase/sale of mutual funds from within the platform. $12M Series A funding led by Peak XV. Other investors in the round: Accel, Blume and Kae Capital who led the $7.1M seed round in June 2025 along with 8i Ventures and DeVC. Founded in Jan 2024, Bangalore based. Founder and CEO Prateek (Bharati Vidyapeeth College of Engineering '08, IIM Mumbai '13) was previously the Co-Founder and CPO of Uni Cards. The company was incubated within Uni Cards.

Founders
December 24, 2025
Fundraise news
Investors
Wk 52 (22-28 Dec)

Packaged food startup which owns brands MOM - Meal of the Moment (instant meals and snacks) and Gimi Gimi (Korean-style noodle brand). Revenue scale undisclosed. MOM products are made with natural ingredients, with no artificial colours, flavours or preservatives. ₹52CR ($5.8M) Series A round. Founded in Jul 2015, Kota based. No information on prior work experience of the founders Prateek (Alliance Manchester Business School '07) and Mugdha (Masters from King's College London '11), who are married. Comps are largely legacy incumbents: ITC, Tata Consumer Products, HUL, MTR Foods, iD Fresh Food.

Founders
December 19, 2025
Fundraise news
Investors
Wk 51 (15-21 Dec)
Dec 18

Industrial B2B solutions provider, offering customized raw materials sourcing and processing, along with green energy solutions, biomaterials, waste management services, and logistics. The company has 250 customers across ceramics, industrial chemicals, paper, polymers, plastics and packaging including Reliance, Adani and Arvind Group. $8M Series A round which closed in two tranches: $5M in Apr 2025 (led by Capria Ventures, with participating from Avinya Ventures and seed investors General Catalyst, Accion, WEH); and $3M this month. The $3M is split as a top up from Capria and Avinya ($1.2M combined), GVFL ($1.3M), AVNM Ventures ($0.5M). Founded in Feb 2022, Ahmedabad based. Founder and CEO Neal (San José State University '21) started straight out of college. Comps: Zetwerk, Infra Market, Moglix, OfBusiness.

Founders
December 18, 2025
Fundraise news
Investors
Wk 51 (15-21 Dec)

Haircare brand designed for Indian hair textures and climate conditions. The company has a portfolio of 19 products across shampoos, conditioners, styling formats and scalp care. At ₹100CR in annualised revenue, with a 4x jump year-on-year, with broad based customer retention of over 40%. Sold primarily on Nykaa, Amazon and D2C. $15M Series A round led by BVP, along with existing investor Fireside Ventures, and angels including Navin Parwal and Sangeet Agarwal (Mokobara), Arjun Purkayastha (Reckitt). Founded in Nov 2021, Delhi based. Founders: Nikita (XLRI Jamshedpur '16) was at McKinsey for five years; Anmol (FMS '15) worked at Paytm for seven years, most recently heading sales in the Paytm deals vertical. Both founders are from Shaheed Sukhdev College Of Business Studies.

Founders
December 17, 2025
Fundraise news
Investors
Wk 51 (15-21 Dec)

As the name suggests, a biotech startup focused on human longevity and understanding ageing at a molecular level using biomarker analysis and gut microbiome science. The company is working on one of the ‘most advanced’ whole genome gut microbiome analysis systems, providing high resolution insights into microbial diversity and its influence on immunity, metabolism and ageing pathways. This research will be used to create a new generation of research driven supplements. ₹14.48CR Pre-Series A round led by Krishna Prasad Chigurupati (Chairman of Granules India ~₹15K CR market cap, pharma API manufacturer). Founded in Nov 2020, Bangalore based. Founders: CEO Parth was previously the founder of ISP City Broadband; Chief Science Officer Darshit previously taught at Bharati Vidyapeeth. co-founder Rakesh built Sumicot Limited, a cotton yard manufacturer, for over a decade.

Founders
December 17, 2025
Fundraise news
Investors
Wk 51 (15-21 Dec)

Premium pet nutrition brand. The company sells dry food using a dehydration process to preserve natural nutrients without chemical preservatives along with grooming products, treats, and supplements. Revenue scale undisclosed, the company will scale manufacturing, distribution in India and start exports. Pet food is a ₹5,000 CR market in India with over 40M companion pets. ₹14CR Series A round from undisclosed angels. Founded in Dec 2020, Coimbatore based. Founders: Dhanu (PSG College '95) was with Standard Chartered for over 15 years, most recently as Executive Director and Head of Credit Trading in India, and has been a dog breeder for 30 years; Sameer (Panjab College '96) was Director at Evren Asset Advisors, a boutique financial advisory firm, for over 15 years. The two founders are classmates. Comps: Supertails, Drools, Dogsee Chew, Farmina, Pedigree.

Founders
December 17, 2025
Fundraise news
Investors
Wk 51 (15-21 Dec)
Dec 17

Clean-label packaged foods brand with a focus on better nutrition and transparent ingredients. The brand sells multigrain Korean and Chinese noodles, and pastas, made with minimal processing, positioning itself as a healthier alternative to conventional junk food. Revenue scale undisclosed. Now available in 2,000 retail stores including over 400 Reliance SMART Bazaar, Signature, and Freshpik stores. ₹20CR bridge/Pre-Series A extension round led by Orios, Asiana Fund and Shilpa Shetty, who led the Pre-Series A in Nov 2024. Angels in this round include Shajikumar Devakar (Neo Wealth), Ajay Mehta (formerly at WPP), Sonika Ravula (Optional Gravity), Rahul Colaco (Fraser & Neave). Founded in July 2021, Mumbai based. Founder and CEO Bhuman (BIT Pilani Dubai '10; INSEAD '14) was at BCG before building TGL, a fine tea brand, for nine years.

Founders
December 17, 2025
Fundraise news
Investors
Wk 51 (15-21 Dec)

Seed deals that closed each week, every Monday morning.

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