SERIES A TRACKER

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

Also available in a weekly newsletter every Monday morning. Sign up here.

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 8 (17-23 Feb)

Premium apparel brand that launched earlier this month. Catering to the premiumisation trend, while the majority of new brands have entered fast fashion. One of the co-founders has a family business in manufacturing/export. ₹6CR seed round.

February 18, 2025
Fundraise news
Investors
Founders
Wk 8 (17-23 Feb)

Power converters for clean energy products - EV chargers and battery swapping stations. Also developing solutions for clean energy storage and for hydrogen electrolysers. Has deployed 14K power converters across 20 clients in India. Dynolt's expertise is in control systems using general-purpose microcontrollers and software, instead of traditional application-specific integrated circuits (ASICs), which gives it a cost and efficiency advantage. $1.7M seed round.

February 18, 2025
Fundraise news
Investors
Founders
Wk 7 (10-16 Feb)

AI-powered channel loyalty and rewards platform. Helps brands reward their channel partners as well as drive customer loyalty, engagement, education and rewards. 100 clients include Coca Cola, Pepsi, Hyundai, Nestle, Asian Paints etc. and their 6M channel partners. ₹16CR (~$1.9M) seed round. Other investors in the round: Ever Grow Capital, Nine ALPS, Hemant Jain (KLJ Group), Nitin Jain (OfBusiness).

February 14, 2025
Fundraise news
Investors
Founders
Wk 7 (10-16 Feb)

Online English and Maths tutoring for 4-12 year olds. "Bambinos Doodle", an AI-enabled camera, live-streams a child's writing to their teacher for instant feedback. Current revenue undisclosed, targeting ₹100CR ARR by December. ₹1CR round by Shark Tank angels (company was on Season 4). Last raised a $500K seed round in 2021 at which time it covered a broader set of categories (music, dance, art).

February 13, 2025
Fundraise news
Investors
Founders
Wk 7 (10-16 Feb)

Robots for moving things around within warehouses, factories and logistics centers, also known as autonomous mobile robots (AMR). 15 enterprise customers (Samsung, Tata, Bajaj etc.) across the US, India, Singapore and Japan. Brijesh CA is the 4th co-founder, not linked below. Recently appointed a CEO for the US business. $2M seed round.

February 13, 2025
Fundraise news
Investors
Founders
Feb 12
Wk 7 (10-16 Feb)

Real-time and wireless intelligent patient monitoring across hospitals, ambulances and home care. FDA-approved hardware and software is used by over 200 hospitals in India, reducing the burden on nurses and reducing Code Blue's by 90%. Undisclosed seed round, the company had raised $1.6M earlier, including from this round's investor.

February 12, 2025
Fundraise news
Investors
Founders
Feb 12
Wk 7 (10-16 Feb)

Performance analysis for football clubs and youth academies. Uses AI/ML upon video feeds to track every event on the field. This automates the traditionally time-consuming manual data collection process, providing "valuable insights into player and team performance". Works with elite clubs from around the world - AFC Ajax from the Eredivisie (league in the Netherlands) and Rayo Vallecano from La Liga (Spain). Bengaluru based, NIT Durgapur grads. $500K seed round. Other investors include Marwah Sports Group.

February 12, 2025
Fundraise news
Investors
Founders
Feb 12
Wk 7 (10-16 Feb)

It was inevitable the pickleball craze would bounce outside the court and get funding - the setup doesn't need much space, the ROI is great. GoRally operates four centers across Bengaluru with 15 courts, including a 15,000 square feet indoor facility near Indiranagar. Will expand to eight centres and 42 courts by year end (two of which will be paddle courts). $750K pre-seed round. Other investors include Mohit Kumar and Vatsal Singhal (Ultrahuman), Viren Singhvi (ex-American Razor Safety Co.), Kartik Kapoor (East Africa Racquet Sports), Abhishek Goyal (Tracxn), Deepak Singh (Gameskraft), Arjun Vaidya (V3 Ventures).

February 12, 2025
Fundraise news
Investors
Founders
Feb 12
Wk 7 (10-16 Feb)

Unified finance and banking platform for mid-size businesses ($10-40M revenue scale). The platform takes care of 1) Billing - ensuring bills are pulled in from various sources (email, slack) and errors in billing are automatically addressed, 2) Accounting - with AI replacing the need for large inhouse accounting teams and 3) Banking - automatically taking care of payments. Fundraise coincides with the company coming out of closed beta. The founders worked together on games and gamification at Flipkart. $2.8M seed round. Other investors in this round: Neon Fund, IIMA Ventures and angels - Sriharsha Majety (Swiggy), Mohit Kumar (Ultrahuman), Naiyaa Saagi (EDTLife, ex-MyGlamm), Nitin Gupta (Uni), Nishith Rastogi (Locus).

February 12, 2025
Fundraise news
Investors
Founders
Wk 7 (10-16 Feb)

Chain of clinics to address chronic pain - knee, back, shoulder and neck pain - which effect 20% of Indians. Treated 10K patients and performed 1,400 procedures in the last 18 months. $4.25M seed round.

February 12, 2025
Fundraise news

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

Thank you. You will receive our newsletter from the following Monday.
Oops! Something went wrong while submitting the form.
Receive a weekly summary of pre-seed and seed deals that closed. You can unsubscribe anytime.