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 18

Techfino is a Bengaluru-based fintech player that streamlines financial operations for businesses by integrating cloud-native ERP systems such as Oracle NetSuite, and automating finance, accounting, and compliance workflows. Its platform brings together financial data, lending, insurance, and analytics in one suite to help SMEs and mid-market companies improve financial visibility and operational efficiency . ₹65CR growth round led by Stellaris Venture Partners and Saison Capital, focused on bolstering Secured MSME lending through partnerships with NBFCs and banks . Founders include Nikhil Mukka – Co-founder & CEO, previously led finance teams at Bridgeweave and built digital lending products at Lendingkart, Rahul Khione – Co-founder & CTO, a veteran in payments and banking tech from his time at RBL Bank and PayU and Sujit Kumar – Co-founder & Chief Growth Officer, with experience in financial product strategy from Eduvanz and Vivriti Capital.

Founders
June 18, 2025
Fundraise news
Investors
Wk 25 (16-22 Jun)
Jun 19

Seven (7 Ring) is a Mumbai-based wearable fintech startup founded in 2020 , building a seamless tap-to-pay smart ring powered by NFC and UPI. Its flagship 7 Ring works offline- drawing power from payment terminals, requires no battery nor smartphone, and is certified on RuPay and Mastercard networks. The startup recently closed a ₹4CR Pre‑Series A round, led by Venture Catalysts with participation from existing backer Vinners, Anchorage Capital Partners, and the Sheth family office, to scale manufacturing, roll out the more affordable 7 Ring Air, and expand distribution via metro stations and e-commerce platforms like Amazon and Flipkart . Founders: Vijay Khubchandani, Mahek P Savla, and Karthik Menon.

Founders
June 19, 2025
Fundraise news
Investors
Wk 25 (16-22 Jun)

Pico Xpress is a Bengaluru-based quick-commerce logistics startup building India’s next-gen delivery backbone. They power ultra-fast e-commerce fulfillment- from 5‑minute to 120‑minute delivery windows using smart routing, automation, and real-time tracking across micro-fulfillment centers in over eight cities. Enrission India Capital led Pico Xpress’s latest Pre-Series A funding, joined by existing investors Inuka Capital and Blume Ventures. Co‑Founders Aniruddha Gangopadhyay and Kamal Syal, who drive product innovation and supply chain automation respectively, have steered the startup from its rapid setup in 2023 to a live operation serving major quick commerce brands across India.

Founders
June 19, 2025
Fundraise news
Investors
Wk 25 (16-22 Jun)

Oben Electric is a Bengaluru-based EV startup focused on manufacturing performance electric motorcycles built entirely in-house, from battery packs and vehicle control units to home charging solutions. With a production facility in Jigani capable of rolling out 100,000 vehicles annually, Oben has expanded rapidly across India, now operating 37 showrooms in 26 cities and employing over 500 specialists in engineering and EV tech. ₹100CR Series A round (₹50CR in January 2025 + ₹50CR in May 2025) led by Helios Holdings, the Sharda family office, and the Kay family, bringing the company’s total funding to ₹200CR. Founders: Madhumita Agrawal (Founder & CEO), Dinkar Agrawal (Founder, CTO & COO), and Sagar Thakkar (Co-Founder & CPO).

Founders
June 19, 2025
Fundraise news
Investors
Wk 25 (16-22 Jun)

Seed deals that closed each week, every Monday morning.

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