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.

Jun 13

Naagin is a bold and flavour-first Indian hot sauce brand founded in 2019 by Mikhel Rajani, Arjun Rastogi, and Kshitij Neelakantan. The company fuses regional chilli heritage with chef-crafted sauces, oils, and spice blends, all designed for modern kitchens. Today it’s available in over 700 premium Indian retail outlets and on international platforms like Amazon, Walmart, and Carrefour, having served over one million customers to date . With a focus on sustainable, traceable sourcing using blockchain tools and operating a plastic-neutral business- Naagin is positioning itself as a global contender in the spicy condiment category. The company recently raised ₹18CR (c. $2.1M) in a pre‑Series A round led by 360 ONE Asset. Existing investor 8i Ventures participated for the third time, alongside 12 new and returning angel investors. The proceeds will fund factory scaling, team expansion, R&D, and marketing- fueling growth across B2B, D2C, quick commerce, and global exports. Mikhel Rajani, Co‑Founder & CEO, brings deep experience in F&B innovation from Francesco’s Pizzeria and Mandala; Arjun Rastogi, Co‑Founder & COO, is an alumnus of BlackRock and EY; Kshitij Neelakantan, Co‑Founder & Head of Operations, comes with a background in public policy and supply chain, holding a degree from SOAS London.

Founders
June 20, 2025
Fundraise news
Investors
Wk 24 (9-15 Jun)

Pehle Jaisa is a Gurugram-based agritech startup that transforms village-level organic and agricultural waste into high-quality organic fertilizers and bio-stimulants. Using decentralized processing units integrated into local waste centers, it slashes the “first-mile” logistics cost and enables villages to produce their own fertilizers, gas, and electricity, empowering a circular rural economy. After selling over 1,500 MT of fertilizer and generating ₹2.5 crore in FY25, the company is targeting ₹100 crore in revenue in the coming years. $300K Pre-Series A. Founders: Pankaj Pandey previously founded Eggoz, CropCoin and KrishiGo; Ehtesham Farooqui has deep expertise in sustainable agriculture and climate-tech.

Founders
June 20, 2025
Fundraise news
Investors
Wk 24 (9-15 Jun)

Kisah Apparels is a rapidly scaling ethnic wear brand for Gen Z and millennial men, headquartered in Kolkata. Since its inception in 2018, the company has evolved from a marketplace-first play to a digitally-native, omnichannel fashion label. Kisah seamlessly combines direct-to-consumer online strategies with physical retail presence—currently operating two stores and planning three more—while achieving a ₹25CR revenue in FY24 (a 42 percent YoY increase) and reaching a run‑rate of approximately ₹100CR in FY25, all while remaining cash-flow positive and profitable.The company recently raised ₹13CR in a pre‑Series A round, led by Sagar Daryani, founder of Wow Momo. Other investors in the round: Apoorv Salarpuria (Salarpuria Investments), Rahul Todi (Shrachi Group), Vinod Dugar (RDB Group), Inflection Point Ventures . Yash Sarawagi, Co‑Founder and CEO, previously worked as an investment banker, bringing a strong strategic and data-led mind to the business. Yashwi Sarawagi Ladsaria, Co‑founder & Director, was formerly a consultant at EY and manages Kisah’s design and operations . Recently, Saurav Kothari, an e-commerce specialist, joined the founding team to strengthen their digital retail engine.

Founders
June 20, 2025
Fundraise news
Investors
Wk 24 (9-15 Jun)

Vecmocon Technologies is a Delhi-based deep-tech startup founded in 2016 by IIT and ISB alumni to drive the transition to smart, sustainable electric mobility. Its full-stack solutions include safety-compliant Battery Management Systems (BMS), smart chargers, motor controllers, vehicle intelligence modules, secure over-the-air update platforms, and AI-driven analytics. With deployments across 100K+ EVs- from two- and three-wheelers to light commercial vehicles, the company is enabling OEMs and fleet operators in India and globally to build connected, software-defined EVs tailored to Indian conditions. The company closed an $18M Series A round, with Ecosystem Integrity Fund (EIF) leading both the initial $10M tranche in November 2024 and the latest $8M segment in June 2025. Other participants in this round: Aavishkaar, British International Investment (BII), Blume Ventures (follow-on). This capital will fuel R&D in embedded EV systems, 5G-enabled connectivity, high-voltage platforms, and domestic manufacturing. The team comprises five tech-focused Co-Founders: Peeyush Asati, CEO and IIT Delhi alumnus; Adarshkumar Balaraman, Co‑founder; Shivam Wankhede, Co‑Founder & CTO; along with Akash Bansal and Nikesh Bisht, who hold board-level roles and drive engineering innovation for Ve­cmocon’s hardware-software stack.

Founders
June 20, 2025
Fundraise news
Investors
Wk 24 (9-15 Jun)
Jun 10

Janitri is an India-based medtech startup developing smart, AI-enabled wearable tools for real-time monitoring of maternal and fetal health during the 1,000-day journey from pregnancy through postnatal care. Its flagship device, Keyar, enables continuous tracking of vital signs in labor and remote settings, aiming to reduce maternal and neonatal mortality across hospitals and homes. With deployment across 800+ hospitals and monitoring over 200,000 mothers monthly, Janitri recently posted revenue of ₹8.5 crore in FY24–25 and expects to double in Q1 FY26 . $1.4M pre‑Series A round. Other investors in the round: Prateek Maheshwari; Pradip Todi (O2 Angels); tal64 syndicate. Founders: CEO Arun Agarwal is a VIT graduate who, inspired by preventable maternal deaths in Rajasthan, built Janitri’s mission-driven device ecosystem; lead technologists and co-founders are documented on Janitri’s site and LinkedIn, leading R&D in wearable diagnostics

Founders
June 20, 2025
Fundraise news
Investors
Wk 24 (9-15 Jun)
Investors
Founders
Wk 10 (3-9 Mar)

No-code platform for micro SaaS startups to build web apps. "Fuzen provides the most robust backend building capabilities among NoCode platforms. And being able to build a fully functional backend is a game changer for our customers who are looking to build SaaS apps." $100K pre-seed round.

March 4, 2025
Fundraise news
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Founders
Wk 10 (3-9 Mar)

Beauty and wellness supplements, sold online and in partnership with VLCC. Expanding via retail - dermatologists, pharmacies, and wellness centers. ₹3CR pre-seed round, following on its ₹6CR raise last year (AC Ventures, GSF, Fluid Ventures). Shreyansh comes from Alcatel and Whirlpool. Anousha is a former model.

March 4, 2025
Fundraise news
Investors
Founders
Mar 4
Wk 10 (3-9 Mar)

Debt resolution platform for banks and NBFCs. Product offering is almost identical to CredResolve (also funded in the same week, see below). $3.5M seed round. The founders are two of the four co-founders behind digital lending startup Kissht - Karan was CTO/Sonali was COO over there.

March 4, 2025
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Founders
Mar 4
Wk 10 (3-9 Mar)

Micro-investing platform that rounds up your online transactions and invests the spare change in mutual funds. $3M seed round. Satyajeet was the co-founder of Grospire, an aquaponics startup.

March 4, 2025
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Founders
Wk 10 (3-9 Mar)

Chain of fertility clinics, with the first location now open in Whitefield, BLR (fertility testing, consultations, egg freezing, and IVF), and scaling to 10 locations in NCR, MUM, BLR by 2027. Started as a commmunity product with 40K members currently, along with online consultations. $1M pre-seed round. Other investors in this round: Galaxy. Founders: Dipalie comes from Adobe (BLR/SF), Nidhi was with Earlsfield Capital Partners.

March 3, 2025
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Founders
Wk 10 (3-9 Mar)

SaaS tools for debt collection. Works with over 20 banks and NBFCs. Automates constant communication with borrowers during the tenure of their loan along with customised payment links, sends digital notices, solves litigations online and provides a multi-lingual field collection app. $1.1M seed round. Founders: Balaji, IIT Roorkee, comes from WheelsEye Finance (unsecured credit for fleet owners); Prashanth is a software lead from WheelsEye; Vijay, IIT Roorkee, brings product experience, also ex-WheelsEye.

March 3, 2025
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Founders
Wk 9 (24 Feb - 2 Mar)

Building India's first dedicated PC and console game publishing house, to publish world-class indie and AA games for global audiences. Three upcoming releases announced for this year. Pre-seed round, amount undisclosed. Deepak (co-founder) built Street Lamp Games (hyper casual games) for eight years; while Mantena (co-founder) most recently spent 5 years at PTW (ptw.com), as VP of Products. Other investors in this round: Sridhar Muppidi (YesGnome), Tanay Tayal (Ex-Moonfrog), the founders of Playsimple, Vatsal Chintalpati (ExMachina Investment Partners), Rick Herman (Ex-Sony)

February 28, 2025
Fundraise news
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Founders
Wk 9 (24 Feb - 2 Mar)

Home decor products capturing "the essence of Indian traditions while making it relevant for modern homes". $1M seed round (mix of primary+secondaries). Co-Founder Neha was a Buyer at Trent and Shoppers Stop.

February 28, 2025
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Founders
Wk 9 (24 Feb - 2 Mar)

Spacetech startup which has built India’s first drone-borne synthetic aperture radar (SAR) system. $1.5M seed round. Tapan, the Chairman, is the former Director of the Space Applications Center (SAC) at ISRO; Soumya, CEO, worked at Hike, Creo, Intel; and co-built Summachar, an edtech startup with Urmi, the CTO.

February 28, 2025
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Investors
Founders
Wk 9 (24 Feb - 2 Mar)

Crypto forensics startup, with compliance and investigation solutions across B2C, B2B and the government market. Currently building AML and counter-terrorism financing compliance tools for financial institutions, as well as a risk analysis app for individual users. India focused for now. ₹4CR seed round.

February 27, 2025
Fundraise news

Our Newsletter: deals that closed each week, every Monday morning.

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