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 50 (9-15 Dec)

Credit card and loyalty management platform. Helps consumers track, manage and optimize over 500 credit cards and 74 loyalty programs. At beta stage with 5K users. India has 100M+ active credit cards across 60M people. ₹2.5CR raised in this round. Angels including Bhavesh Gupta, Shriram Nene and Ritesh Malik also participated.

December 9, 2024
Fundraise news
Investors
Founders
Wk 49 (2-8 Dec)

Customised fitouts, fixtures and furniture for premium retail outlets and workspaces. Utilizes in-house manufacturing and design. Clients include Emporio Armani, Kalki Fashions, Tumi. ₹3CR raised in this round.

December 5, 2024
Fundraise news
Investors
Founders
Wk 49 (2-8 Dec)

Healthcare diagnostics startup. Developing a device and AI based software that provides blood sample results in under ten minutes. $700K raised in this round.

December 5, 2024
Fundraise news
Investors
Founders
Wk 49 (2-8 Dec)

Sustainable and fair trade coffee chain, with its first outlet in Bengaluru that opened this December. Ten more stores planned for 2025. Started as a B2B supplier to HORECA under the Humble Bean brand. FAST stands for Fair and Sustainable Trade. $1M raised in this seed round.

December 4, 2024
Fundraise news
Investors
Founders
Dec 3
Wk 49 (2-8 Dec)

Startup that makes mutual fund investing easier for customers and provides tools and technology to distributors. Has 10K distributors and manages ₹1,000CR in AUM for 60K customers. ₹25CR raised in this round.

December 3, 2024
Fundraise news
Investors
Founders
Dec 3
Wk 49 (2-8 Dec)

Sustainable packaging for businesses - food packaging, tableware and cutlery. Converts agricultural waste - sugarcane bagasse and wheat straw - into packaging. Has served 3,500 businesses in India and globally. Angel round, amount undisclosed.

December 3, 2024
Fundraise news
Investors
Founders
Wk 49 (2-8 Dec)

AI driven mental health and wellness platform. Targets individuals and corporates who can measure, manage and improve their wellness and engagement. ₹1CR raised in pre-seed funding.

December 3, 2024
Fundraise news
Investors
Founders
Wk 49 (2-8 Dec)

Transaction and identity fraud prevention software. Applications in banking and e-commerce, focusing on fraud prevention, anti-money laundering (AML) and customer risk intelligence. ₹4CR raised in this pre-seed round. c. ₹1CR raised earlier as part of the same round.

December 2, 2024
Fundraise news
Investors
Founders
Nov 29
Wk 48 (25 Nov - 1 Dec)

SaaS based B2B marketplace for electronic subcomponents. Provides Bill of Material (BOM) quotes along with a streamlined supply chain for subcomponents. AI assists in listing parts and suggesting alternatives. Present clients include Park+ and Urban Company. Fundraise amount undisclosed.

November 29, 2024
Fundraise news
Investors
Founders
Wk 48 (25 Nov - 1 Dec)

Lab grown diamond startup. 5000 designs and a 1.7x customer repeat rate. Retails online with a store in Mumbai and additional stores opening in Mumbai and Delhi. $1M raised. Angel participation from founders of RENA-E Cosmetics, MamaEarth, Tracxn and Astrotalk.

November 26, 2024
Fundraise news

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

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