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.
Mass-premium shapewear and innerwear brand, akin to SKIMS (Kid Kardashian), by influencer Kusha Kapila. Was at 192K Instagram followers within a week of launch, now at 400K - driven by Kusha Kapila's 4M followers. Priced 30-40% lower than global competitors. "Our goal is to be the first brand Indian women think of when they need shapewear, just as SKIMS has done globally". Offers fuctionality and minimal aesthetics, positioning itself as a modern alternative to legacy lingerie labels. ₹150CR annualised revenue and EBITDA profitable within eight months of launch in April 2025. $6M Pre-Series A round led by existing investor Fireside, following their ₹8-10CR seed round (exact amount undisclosed) in April 2025. Founders: Kusha Kapila as mentioned; Co-Founder & CEO Vimarsh (NIFT '01, IIM Calcutta '17) spent 17 years at apparel exporter Orient Craft, then built Attic Salt, a D2C fashion brand as well as B2B manufacturing partner to fashion brands, for 8 years.
Climate-tech startup with an intelligience platform for environmental monitoring and compliance. The company offers hardware and software solutions that track air quality, emissions and other environmental parameters in real time, helping companies and government bodies meet regulatory requirements and make data-backed sustainability decisions. Over the last year, Aurassure has launched a subsidiary in Brazil and and begun pilot projects in Bangladesh, in addition to its India business. Enterprise customers across construction, insurance, healthcare, industrial operations and infrastructure. ₹25CR Pre-Series A. Founded in May 2022, Bhubaneswar based. Founders: CEO Akanksha (NIT Rourkela '16; University of Illinois Urbana-Champaign MBA '24) was previously the Co-Founder and COO of Pheonix Robotics (IOT for city planning, pollution and environmental management); CTO Vamsi (also NIT Rourkela '16; Caltech '24) was Head of Engineering at DATOMS (hardware and firmware for IOT).
Spacetech startup which will launch India’s first private L-band synthetic aperture radar (SAR) satellite in 2026. L-band radars send out long-wavelength radio signals which makes it possible to use them day and night, in all weather conditons and to see through forests and crop cover. The satellite will deliver high resolution imagery for applications including national security, environmental monitoring, urban planning and disaster management. The company has designed both proprietary L-band and P-band (deeper penetration than L band, with lower resolution) SAR. It claims its 0.75 metre resolution in L-band and 2.5 metre resolution in P-band SAR is 10 times better than global standards. $7M Series A round. Follows a $1.5M seed round in Feb 2025 (Shastra, Riverwalk, INVSTT). Founded in Feb 2022, Calcutta based. Founders: Tapan, the Chairman, is the former Director of the Space Applications Center (SAC) at ISRO where he worked on India's first SAR satellite mission; Soumya, CEO, worked at Hike (product), Creo (head of hardware engineering), Intel (software engineer); and co-built Summachar, an edtech startup with Urmi, the CTO.
Engineering solutions company which is a Tier 1 supplier focused on simulation-based new product development for defence, aerospace and space customers. The firm provides the full product lifecycle, from CAD and CAE-driven design and simulation to manufacturing and testing, helping industrial clients build lighter, faster and more cost efficient systems. Its work spans complex hardware such as aircraft seating systems, landing gear and rotor dampers (used in helicopters), with customers including ISRO and DRDO. Pre-series A round of an undisclosed amount from Ashish Kacholia, the stock market investor. Founded in July 2007, Noida based. Founders: Amitav (IIT Kharagpur, IIM Calcutta) was at Maruti Udyog for nine years and subsequently founded Bionic Yantra (therapy to improve walking disabilities). Girish (Univ. of Michigan) was previously an application specialist at Altair Engineering (software dev. for high performance computing) in Michigan.
An end-to-end electronics design and manufacturing company that enables customers to take hardware concepts from idea to production. Positioned as a vertically integrated partner, the company aims to simplify the otherwise complex hardware lifecycle for customers like Panasonic, Schneider, Motherson, Urban Company and Zetwerk. $5.5M Series A round led by Nexus, with participation from SE Ventures (Schneider Electric's investment arm) and Riverwalk. Founded in Jul 2018, Gurgaon based. Founders: CEO Saurav worked briefly in Amdocs in the business intelligence team; co-founder Nikhil was a core team member of TradeFin (B2B payment on blockchain). Both founders are from Guru Gobind Singh Indraprastha University.
Managed workspace operator in Bangalore, with 16 centres, 13500 seats and over 1M sq ft of space in the city. The company operates sustainable workspaces that meet ESG norms mandated by global enterprises and caters to a hybrid working environment (which remains partly work from home for most companies), with a growing list of Global Capability Center (GCC) clients. ₹100CR revenue projected for FY26. Investment of an undisclosed amount, which appears to be a Series A. The last known financing of the company was a $1M debt raise from Nisus Finance Services (a listed asset manager) in Mar 2022, at which time it was preparing to raise a $10M Series A (the Series A itself was not subsequently announced at the time). Founded in Jul 2017, Bangalore based. Founders: both founders started their careers at Knight Frank. Rahul (IIT Roorkee) was a Co-Founder of IndianMoney (a financial education provider), Abhijith (Cambridge Judge) was a Partner at D&A Corporation , an advisory firm which simplifies setting up infra for industries and warehousing in South India.
Homegrown specialty coffee brand focused on sourcing, roasting and retailing single-origin Indian coffee. Toffee Coffee positions itself at the intersection of quality-led roasting, accessible pricing and a strong café-led consumer experience. The brand works closely with Indian coffee estates and aims to scale its footprint across cities while strengthening its retail and digital channels. ₹5CR Pre-Series A funding round led by IPV along with participation from 66 bridge partners, Abhijit Vemuganti and Invesst. Founders: Rishabh was building Pocket FM; Nandini previously worked at JSW.
Quick-commerce fashion startup focused on ultra-fast apparel delivery for urban consumers. Knot operates a hyperlocal supply chain that enables customers to discover and receive curated fashion products within 60 minutes, positioning itself at the intersection of fashion, logistics and convenience. The company is building tightly controlled dark-store infrastructure and brand partnerships to make impulse-led fashion purchases faster and more reliable across Indian cities. $5M funding round led by 12 Flags, with participation from Kae Capital and Boundless Ventures. Founders: CEO Archit previously co-founded CoinMint and before that, worked as a director in the CEO's office at Unacademy; CTO Rachit was previously a Quantitative Strategist at Quadeye.
Cross-border payments platform for Indian exporters, SaaS companies and other global facing businesses. Skydo enables exporters to collect international payments through local collections in overseas markets, reducing FX costs, settlement delays and operational friction. Positioned as a digital alternative to traditional correspondent banking and payment rails. Has the RBI's in-principle approval under the Payment Aggregator-Cross Border framework. Currently serves 30,000 clients, processing transactions in 32 currencies. Founded in Feb 2022, Bangalore based. $10M Series A round led by Susquehanna, with participation from existing investor Elevation. Founders: CEO Srivatsan (Coimbatore Institute of Technology, ISB) previously was SVP - Business at Rupeek, with a stint at Ola and six years at McKinsey; co-founder Movin (IIT Delhi, IIMA) started out as a fixed income trader at Barclays in the UK, and was most recently Director of Product Manager at PhonePe. Inbetween, he served in product roles at Meesho, Ola and InMobi.
Veterinary clinic chain in Bangalore. Operates a network of three 24/7 clinics, with two under construction, and offers diagnostics, treatments, wellness plans and offline/online consultations for pets. Will open new clinics in Bangalore in 2026, and enter Hyderabad and Pune. Revenue scale unknown, 30,000 appointments and 800 surgeries since inception. $3.2M / ₹29.3CR Pre-Series A round led by Chiratae Ventures, with continued backing from Sauce (₹7.8CR seed in Aug 2024) and venture debt from Trifecta Capital and Stride Ventures. Founders: Udit (LSE) was at BCG in London, worked in the Founders Office of Openhouse (pre-school) and co-founded BearHug (HR SaaS); Rakesh is also ex-BCG (India) and led Curefit ops in Hyderabad.