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.
Brandworks Technologies is an electronics innovation and manufacturing company- handling everything from design to final delivery. Started in 2017, the company has grown from a small power-bank assembler into a full-scale electronics manufacturer in Mumbai, now producing devices across AI, IoT, audio, charging, surveillance, and renewable energy, all rooted in a strong “Make in India” focus. $7M Series A round led by Cactus Partners, with participation from Gujarat Venture Finance, Legacy Assets, and the Hira Group. Co-founder and Managing Director Nikita Kumawat leads design, innovation, and the vertically integrated production model. Co-founder Ishwar Kumhar drives strategy and growth, ensuring the team scales operations rigorously while pushing for global competitiveness and sustainability.
Ace Blend is a Mumbai-based wellness brand rethinking nutrition with science-first formulations. Founded in 2018 to address unsubstantiated supplements in the market, it delivers clean-label, clinically backed products like protein blends, functional beverages, and targeted supplements. $3.3M pre-Series A round led by Fireside Ventures, aimed at expanding product lines, boosting brand awareness, and scaling both online and offline distribution. Co-founder and CEO Shivam Hingorani leads brand vision and product strategy, while Co-founder Saif Mekhri brings deep R&D and formulation expertise to the table.
Manastu Space is a spacetech startup crafting eco-friendly propulsion systems for satellites. Founded in 2017, the company is pioneering non-toxic, high-performance alternatives to conventional fuels. Alongside propulsion, it is also working on services like in-orbit refuelling, safe deorbiting, and extending satellite life, helping space companies cut costs and reduce space junk. $3M extended Series A (or extended Pre-Series A) round led by Capital-A, with continued backing from Capital 2B, Indian Angel Network (IAN), E2MC, the Bhagnani Family Office, and Jeet Chandan. Co-founder and CEO Tushar Jadhav spearheads strategic direction and technical vision, while co-founder and CTO Ashtesh Kumar leads R&D, technology development, and execution.
Dashverse is an entertainment startup revolutionizing mobile-native storytelling. Founded in 2023 and based in Bengaluru, Dashverse offers creators easy tools to craft and earn from micro-dramas, comics, and serialized content, all designed for phones. Their products- Dashtoon for AI-generated comics, Frameo.AI for video creation, and DashReels for micro-drama distribution have together attracted over 20 million users. $13M Series A round led by Peak XV Partners, with participation from returning backers Z47 (formerly Matrix Partners India) and Stellaris Venture Partners. Co-founder and CEO Sanidhya Narain leads product vision and growth, while co-founders Lalith Gudipati and Soumyadeep Mukherjee drive platform strategy and scaling across formats and geographies.
Pronto is a home-services platform delivering trusted help within minutes. Launched in 2024, Pronto connects households with trained, background-verified professionals for tasks like cleaning, laundry, and utensil washing. The startup runs through local hubs and a shift system, allowing it to deliver services in under 10 minutes while giving workers steady jobs and income. $11M Series A round co-led by General Catalyst and Glade Brook Capital, with continued backing from Bain Capital Ventures. Co-founder and CEO Anjali Sardana leads Pronto’s product strategy, while her partner in leadership Chirag Goyal brings deep operational experience and helps expand the platform across new cities.
Holiday Tribe is a travel-tech startup reimagining leisure trips through AI-powered personalisation. They offer two main products: instant customized travel packages with the assistance of travel experts for bundled holidays, and an AI-powered platform for independent travellers to create, modify, and book personalized itineraries. They are backed by a vast supply network of over 100,000 hotels and 1 million+ experiences and ties with tourism boards from Abu Dhabi to Switzerland. ₹25CR Pre-Series A round led by Powerhouse Ventures and GSF, with other angels also supporting the mixed equity-and-debt raise. Co-founder and CEO Anshu Sharma drives product and growth strategy, drawing on his leadership experience at MakeMyTrip. Co-founder and CEO Chirag Goyal brings deep travel industry expertise, steering operations and partnerships.
Fairdeal is a B2B quick-commerce platform built to empower micro-retailers across India. In operation since 2022, the company equips kirana shops with a cloud-based inventory of over 1,000 SKUs and advanced demand-sensing tools to deliver what retailers need, when they need it, hence eliminating overstock and freeing up working capital. It blends lightning-fast fulfillment with data intelligence to help retailers thrive while offering D2C and regional brands streamlined access to offline retail reach. $3M pre-Series A round led by Incubate Fund Asia and Waterbridge Ventures, with participation from angel investors. Co-founder and CEO Prateek Bansal steers growth and strategic vision. Co-founder and Chief Information Officer, Yash Bansal, guides its technology infrastructure and analytics capabilities.
Elever is a digital-first wealth platform that helps people and businesses grow their money through smarter, more automated investing. Instead of relying on gut calls or manual portfolio management, Elever uses data-driven strategies to build customised plans for different financial goals. The idea is to make wealth creation accessible, transparent, and less dependent on market guesswork. $1.1M Pre-Series A round led by Brand Capital (the Times of India Group’s investment arm), with participation from global CXOs, existing investors, and promoters. Co-founder and CEO Anshul Sharan drives vision, strategy, and brand-building. Co-founder and CTO Ram Subramaniam leads tech architecture and product innovation. Co-founder and CMO Santosh R owns distribution, goal-based positioning, and investor engagement. Co-founder and CIO Karan Aggarwal heads investment model design and financial structuring.
MangoPoint is a Chennai-based AgriTech exporter of chemical-free, single-origin Indian mangoes and related products. The startup operates APEDA-, NPPO-, and FDA-certified packhouses to ensure global-grade quality and traceability. Currently processing 2,000 MT of mangoes annually, MangoPoint plans to scale tenfold, venturing into processed mango ingredients for food, pharma, and cosmetics, and building infrastructure closer to farms to enhance post-harvest handling. $1M Pre-Series A round led by Inflection Point Ventures, with participation from The Chennai Angels, Native Angel Network, Keiretsu Forum India, Fondation Botnar, IIM-CAN, Metis Family Office, and JITO Incubation and Innovation Foundation (JIIF). Co-founder and MD Manjula Gandhi Rooban leads vision, quality control, and export strategy. Co-founder and Director of Finance Prasanna Venkatarathnam drives operations, logistics, and scaling capabilities.
Outzidr is a D2C fashion brand catering to Gen Z women with fast, occasion-ready western wear. The brand operates on a rapid “test-and-react” model, launching small batches, tracking customer response, and scaling only the winners. It typically introduces around 2,000 new styles per month through its own platform and top marketplaces like Myntra, Nykaa Fashion, and Ajio. In just a few months, it has won over 100,000 customers, boasts retention rates 1.5x above industry norms, and launched over 8,000 styles already. ₹27CR Pre-Series A round led by RTP Global, with participation from existing investor Stellaris Venture Partners. Co-founder and CEO Nirmal Jain, who previously scaled Landmark Group’s Styli leads brand strategy and design-to-market execution. Co-founder and CMO Mani Kant Mani, with a background in digital strategy at Max Fashion, drives marketing and omnichannel growth. Co-founder and COO Justin Mario, who brings operational expertise from Aymakan and Styli, heads supply chain and customer experience scaling.