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.
As the name suggest, a platform for farmers to buy, sell, finance and insure tractors and other rural commercial vehicles via both digital and offline channels. It operates 75 COCO (company owned company operated) outlets across Rajasthan, MP, UP and Maharashtra. FY25 revenue: ₹106CR with a ₹9CR loss. Founded in Feb 2018. Its FinTech arm FINJ has disbursed ₹1,500CR in loans through partners, since it launched in Jan 2024. $17M Series A round along with $5M in debt led by Astanor (a global impact investing firm). Founders: CEO Rajat was previously a general manager at National Motors (a Mahindra Tractors dealership); COO Animesh had worked first as a business development manager at Mahindra Group and then as an Associate Director at CARS24. No background information available on the third Co-Founder & President Shivani.
Founded in 2019, Pidge was a relatively entrant to last mile logistics for Tier 1 India, yet is growing fast - 10x year on year. Gurgaon based, the platform connects its delivery fleets, gig riders, order tracking systems and analytics into a single stack, serving over 20,000 brands across 50+ cities. Now at an annualised ₹250CR revenue run rate. The new funding will help the company expand deeper into TierII/III markets, upgrade its AI capabilities and start international pilots. 120CR Series A round led by La Vida es Chula (LVEC), the family office of billionaire Thomas Meyer, founderf of spanish retailer Desigual. La Vida es Chula, incidentally, means "life is pretty" in Spanish. Founders: Ratnesh was the President & MD for international business at Whitbread (the owner of Costa Coffee and Premier Inn) before founding Pidge; CPTO Rushil worked as a consultant at Redbox Automated Retail (video rental and streaming) and ShopRunner (shipping service for brands).
Mobile-first social gaming platform that connects gamers, creators and publishers through community clubs, live game integrations and creator monetisation features. 30M downloads till date. Will now focus on AI-powered personalisation, creator tools and global expansion. FY25 revenue of $7.8M. $10.5M Series A. Founded in Apr 2022. Founders: Parth was previously the Founder and CEO of EWar Games, an RMG based esports platform, before which he worked at JPMorgan as an associate; CTO Rahul was also CTO at EWar, prior to which he was an UI developer; COO Nauman was the head of e-sports at India Today Gaming.
AI led FinOps automation platform that helps finance teams with AI-led insights across finance functions - accounting, treasury and MIS reporting. This drives down reconcilation times and time taken to close books by up to 80%. No information on current customers. Founded in 2021, Hyderabad based. $7.35M Series A round led by Valorshield (no information available on this investor). The three founders are from Open, the neobank - CEO Satya was SVP and Division Head - Contexual Banking; CBO Nilotpal was VP of Sales.; Raghavendra was VP & Business Head of Lending & Wealth. Prior to this, the three worked together at Optobizz (founded by Satya), a GST and financial automation platform, which was acquired by Open in 2021 for $5M in cash+stock.
Mumbai-based music licensing marketplace that offers brands, creators and content producers access to a library of over 12,000 copyright-cleared music tracks and sound effects. It combines AI-driven tagging, digital rights management (DRM) workflows and a transparent royalty sharing model to simplify licensing for creators, while also enabling musicians and labels to monetise their work more equitably. It has 30K creators and 180 B2B clients onboard, and has paid out ₹4.5CR in royalties so far. The startup is building partnerships across Bollywood, regional labels and international publishers. ₹4CR raised in the first tranche of a Pre-Series A. Founded in Dec 2021. Founders Gaurav and Meghna built Songfest, a creative agency, together. Meghna also earlier led marketing teams in several companies - HUBILO (the webinar platform), YesssWorks (coworking) and FundTonic.
Live-one-to-one edtech platform for children aged 5-17 that offers coding, math, science, English and SAT courses online. The startup uses AI-driven personalisation and globally distributed educators to teach over 25,000 students across 15 countries, and claims to have strong completion and renewal metrics (metrics unknown). $5M Series A. Founders: CEO Shailendra (IIT Delhi) was a product manager at Next Education (smart class solutions); COO Rupika (also IIT Delhi) was an Assistant Manager at Flipkart.
A new business school offering undergraduate programs built around real world projects, practitioner-led teaching, and a strong focus on employability (examples: BSc in Artificial Intelligence, Bachelor of Management and Technology). Tetr positions itself as a “future-first” alternative to traditional commerce and management degrees. Rather than a single campus, students spend time in Tetr "base camps" during the course of the program - India, US, Europe, the UAE. $17.5M maiden funding round. Other investors in the round: 3one4 Capital, Blume Ventures, Titan Capital, and several angels. Founded in Jan 2024. Founder Pratham is the founder of Master's Union.
Electronics 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, producing devices across audio (soundbars, speakers), charging equipment, IoT, surveillance, and renewable energy. $11M Series A comprising of a $7M tranche led by Cactus Partners in August and a subsequent $4M tranche this month from the Roha Family Office. Founders: Ishwar was a Senior Software Engineer at Atos Origin and business head at IoT Enterprises. ; Nikita previously held consulting roles at Tata Communications, Tech Mahindra and EY;
Deep‑tech startup focused on underwater inspection. Born out of an NIT Rourkela student project in 2021, it develops remotely operated vehicles (ROVs) and autonomous underwater vehicles (AUVs) that inspect infrastructure like dams, bridges, ports and support national defence surveillance. There drones are capable of reaching depths of 300m respectively, with clients such as the Indian Navy, Railway, Tata Steel etc. ₹5CR cheque from Piper Serica, following a ₹17CR Pre-Series A from MGF Kavachh and Pontaq. Founders: CEO Debendra and CTO Biswajit, turned their NIT Rourkela project into Coratia.
D2C home and lifestyle label focusing on cotton-rich bedding, baby essentials and home decor accessories for urban millennials. Positioning: premium yet affordable design, frequent product drops and rapid delivery via quick-commerce channels. With this latest round, Haus & Kinder will expand its category range and deepen its omnichannel presence. $3.3M Series A round. Angels in the round: Yogesh Kabra (XYXX), Sangeet Agrawal and Navin Parwal (Mokobara). Founders: Saket was at ITC for 9 years, including as a brand manager at Wills Lifestyle, as well as Head-Fashion at IMG-Reliance; Kanupriya was a merchandiser at Trent and Wills Lifestyle.