Tracking Pre-Series A and Series A deals that close in India every week
Links out to the the websites of the startup and its investors, along with LinkedIn profiles of the founders and fundraising news.
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.
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.
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.
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.
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
Fintech platform for NRIs which operates out of GIFT City. Offers USD denominated fixed deposits in India at a 5% interest rate (higher than can be earned outside India), along with compliance and tax filing services for NRIs. The company has taken a Payment Services Provider (PSP) licence and a broker-dealer licence. It now plans to roll out mutual funds, Indian and US equities and insurance products to its clients. $5M seed round. Angels in the round: Abhiraj Singh Bahl + Varun Khaitan (Urban Company), Akshant Goyal (Zomato), Varun Alagh (Mamaearth), Vineet Sethi (PayU), Aditya Sharma (McKinsey). Founders: Ankur (CEO), Savitri (COO), Ayush (CTO) and Sai Sankar (CBO) all worked together at Niyo (global travel cards) - they were respectively VP of Product, Chief Customer Experience Officer, VP of Engineering and CBO at Niyo. Ankur, Savitri and Ayush also built Goalwise together (as CPO, COO and CTO) - a mutual funds investment platform acquired by Niyo. Founded in Jan 2024. Comps: Rupeeflo (Piper Serica).
Tools for the gTLD system - i.e. the system that manages generic top level domains (.com, .org etc). Provides enterprises brand protection, domain portfolio management and advisory on the new gTLD ecosystem (there are a number of new top level domains on market). “As the internet grows and technology plays a bigger role for business, the need for robust brand protection and domain intelligence will only grow. Their approach is both policy-aware and tech-first — exactly what global enterprises need.” Angel round of an undisclosed amount, from the investors named above as well as David Yu Liu (Information Industry) and Vinay Hebbar (Harvard Business Impact). Founders Vinay (CEO) and Vivek (COO) started out in Aug 2017. Vinay is ex Thomson Reuters and LexisNexis, Vivek is ex Reliance Jio.
Aerospace startup building next-gen hydrogen powered propulsion systems for defence, civil aviation and shipping. Incubated at IIT Delhi, the company has test-fired India’s first hydrogen-based aero engine, with plans to commercialise its first small-category engine in the next 12 months. $1.6M seed round. Founder Prithwish has a PhD in Aerospace Engineering from North Carolina State University - he was a Research Scientist at Argonne National Laboratory (run by the US Dept. of Energy), with brief stints at Agnikul (Lead, Computational Studies) and Euler Motors (AVP - Thermal and Battery R&D). Founded in Nov 2023.
Kids focused health and wellness brand, with a range of clean-label products for coughs and colds - sore throat lollipops and throat sprays. For kids aged 2-12, going live D2C and on e-commerce this month/August. ₹8CR seed round. Angels in the round: Arjun Purkayastha (Reckitt), Arjun Vaidya (V3 Ventures), Avnish Chhabria (Wellbeing Nutrition), Mohit Gupta (Lyskraft), Siddhartha Nangia + Swagat Saranagi (Smytten). Founders: Sanil is ex-Flipkart (category head), Uber (GM), Udaan (pharma/medicines) with brief stints as a co-founder building Pharma.Tech (B2B pharma manufacturing marketplace) and Relymeds (15 min medicine delivery). Vishakha is ex-Agro Tech Foods (marketing), Ferrero (brand manager), Glenmark (marketing). Founded in Oct 2024.
SaaS tool providing revenue/monetization infrastructure for enterprise customers to unify pricing, billing and revenue management using a single no-code system. This gives clients the ability to experiment and scale new pricing strategies without being limited by legacy tools. Global customers including Neysa, NCR Voyix and Akoya. "Strategic investment" of an undisclosed amount from a $25M US-India fund. The company has already raised seed funding from Endiya Partners, Silicon Valley Quad and Idealabx. Founders: Murali is the CTO and sole founder. Ex Cisco and Intuit, he was the co-founder of Financial Technologies 360 (SaaS solution for banks in the US). Jayaram, CEO (not co-founder), was the CEO of Zenprise (acquired by Citrix). Founded in Feb 2021.
AI-driven MMP (Mobile Measurement Partner). MMP’s are third party tools to optimize mobile advertising campaigns. Customers can integrate Linkrunner’s MMP within 90 minutes - a process which has traditionally taken 2-4 weeks and 3-5 people. Most app installs for Indian customer acquisition campaigns are unattributed, given the cost of of attribution is a a significant % of CPI. The goal is to drastically reduce this attribution cost per install - alongside unifying customer data to run more affective campaigns. $560K pre-seed round. Founders: Shreyans (BITS Goa) and Darshil (SVIT) built Bluelearn together - a social learning platform also backed by Titan and 2am. Founded in Jul 2024.
Spiritual lifestyle brand built around Hindu traditions. Products include Rudraksha, agarbattis, puja kits, sacred jewellery, gemstones and religious books. ₹1.56CR seed round. Founders: brother Aniruddha and Anurodh built Cambik (a range of home decor brands) together along with experimenting with other D2C brands (Hometail - healthy snacks; Moon Lamp - 3D customised moon lamps). Founded in Nov 2023.
SpaceTech meets pharma manufacturing: the company plans to process pharmaceutical compounds in space and literally bring them back to earth with its reusable satellites. Microgravity (near to zero gravity) makes it possible to produce high-quality protein and drug crystals that can't be produced on earth. Pre-seed round of an undisclosed amount. Founders: Antariksh (CEO) recently graduated from the Technical University of Munich with an M.S. in Applied Physics; Jivitesh Debata (CTO) graduated and worked at the Rochester Institute of Technology; Dr. Monica Ekal (Chief of Space Systems) is a research scientist at German Aerospace Center with a Ph.D. in Space Robotics from Instituto Superior Tecnico, Portugal.
Chain of eggless dessert cafes starting with Gurgaon, with 10K monthly orders in June. Aiming at 100 stores by FY27. ₹3CR (~$350K) seed round. Founder Vidur had brief stints at OYO and Vodafone Idea, before founding Mulberry Experiences (catering co.).
Chip design company that aims to integrate Gen AI into its design and development workflows. The company believes its AI copilot can cut design cycles from weeks to days, as well as reduce manual iteration in analog integrated circuit design workflows. $4.15M seed round. Founder: Gireesh (CEO), ex-Texas Instruments, founded Steradian Semiconductors (imaging radars); Ashish (CBO) and Rakesh (CPO), also ex-Texas Instruments, were both founding directors at Steradian; the fourth founder, Krishna Sankar (CTO) spent 9 years at LifeSignals Group (patient monitoring devices). He is not linked here. Founded in Mar 2025.