This company is a subsidiary of Banka BioLoo, the NSE listed manufacturer and operator of biotoilets and sewage treatment plants. Megaliter transforms sewage treatment plants into re-usable water utilities, for use in landscaping, air-conditioning plants and flushing toilets. The conversion and subsequent re-use is provided on a subscription model, with no capex for the client. The focus is to drive expansion in Mumbai and Bengaluru and benefit from water saving credits available under climate resilience programs. ₹15CR seed round from undisclosed institutional investors. Mentored by Brigade REAP (Brigade Group's real estate accelerator program). Founded in Aug 2022. Founders: Namita is the founder of Banka BioLoo, Vishal is Banka BioLoo's CEO.

Trade finance company focused on addressing a $525B shortfall in trade financing in India, particularly for SMEs. Operates as an "NBFC Factor", which is a specialised NBFC license from the RBI, for firms focused on purchasing a company's accounts receivables in exchange for immediate WC. It provides invoice discounting, factoring, supply chain financing and cross-border trade credit. No information on current scale. $15M round which is a mix of debt and equity (mix undisclosed). Led by Nicolas Walewski, founder of Alken, an asset management firm in London. Founded in Jan 2024. Founders: Taranjit was the Head of Corporate Banking in India for Barclays for nine years, after stints at Citibank, ICICI (their PE fund of funds) and Bank of America; Ajitabh worked cross Barclays investment banking and corporate banking for 17 years. Comps: M1xchange, A.TREDS, Receivables Exchange of India.

Denim and casual wear brand which operates through a network of 50 franchised stores and through its website. Revenue was ₹11CR in FY25, with ₹22CR targeted for FY26. The company identified a gap between expensive global brands and low-quality local offerings. Pricing for a pair of jeans is ₹1200-2500. The plan is to get to 500 stores by 2030, driving expansion in Tier 2 and Tier 3 cities. The brand appeared on "Pitch to Get Rich" (!), a fashion business reality show on Jio Hotstar. ₹3CR round. Founded in 2013, and in its current avatar from 2019. Founded by Ritika and Vishal, a husband-wife duo. Ritika was in HR at Genesis Fashion, Vishal was a business analyst at Ramco Systems.

AI-native platform research and task automation platform for investment banks and asset managers. The founder is of Indian origin, as is one of the lead investors (Peak XV), otherwise this is a London-based startup which is focused on expanding into New York. The startup builds a deep understanding of its financial sector clients’ information flows and user behaviour. It then assists in drafting investment memos, conducting research and assembling client materials. Combined $15M seed and Series A round, with the seed round led by Peak XV and the Series A by FinTech Collective, with the participation of original (pre-seed - ?) investor Hoxton Ventures. Founded in Sep 2023. Founder Sid Jayakumar worked across research and engineering at Google DeepMind in London for seven years. A Mumbai native, he is from Cambridge (Comp. Science) and began a PhD in Deep Learning and AI in 2019 (while at DeepMind), which he later deferred. Recent joinees include Chris Andrews as COO - who was Global COO of Research at Morgan Stanley; and Veeral Manek in product - who was General Manager of Wealth & Trading at Revolut.

Home care startup that enables families to manage healthcare for elderly family members back home. Launched six months ago, with 3,000+ care requests managed across 10 cities in India. Customers pay a base $100 monthly fee for support and companionship through local health and telehealth partners, while arranging home visits, medication tracking, medical appointmenrs and seamless payment for expenses on behalf of families abroad. $2.4M seed round by funds in the UK. Incubated at Founders Factory and Aviva in the UK. Founder Anthony was most recently Head of Growth for East Asia at Taptap Send (remmitances). He briefly built Anjara (employee wellbeing app for Slack/Teams) and was Founder in Residence at Antler Toronto. Came up with the idea from trying to arrange home care for his parents in India during COVID. Founded in Jul 2024. Nila operates out of London, Bangalore and New York.

AI-led workflow management for pharmacovigilance, which is required by drug regulators globally to monitor, detect and report adverse drug events (ADEs) throughout a drug's lifecycle - from trials to post-market use. Historically, this work has been outsourced to services firms who manually review social media, call centre logs, emails and legal filings to stay abreast. Targetting enterprise customers in the pharma industry. $3M seed round. Founders: Raghavendra was CBO for Hitech & Services at LTIMindree and Head of Hitech & Services at Larsen & Toubro Infotech; Vijay was at CISCO for 25 years and was more recently at Google Cloud (engineering product management across GCP); Mohan was at Yahoo, ServiceNow and Commure in head of engineering roles in the Bay Area; Ashutosh Bordekar (CFO), not linked here, joined from Mastek and LTIMindtree. Founded in July 2024.

Materials science company that is pioneering silica aerogel insulation sheets. Funding towards R&D and production while seeking customers in oil and gas, EVs, defence and construction. ₹12CR seed round. Founders: Ankit (IIT Roorkee) spent 12 years at Pluss Advanced Technologies (thermal energy storage and advanced polymers); Apoorv (also IIT Roorkee, with a PhD in Ionomer Membranes from Clemson University) also worked at Pluss; Devakar (also Clemson University) was a business lead at Pluss. Founded in Aug 2024.

Ride hailing platform for women, by women. Gurgaon based, with plans to expand beyond NCR. Works with 250 women drivers, who are known as "sister partners". 50K app downloads, no information on traction. ₹2.075CR seed round. IAN investors leading the round: Hari Balasubramanian, Uday Chatterjee, and Sri Prakash. Founders: Ajay and Vindhya started Fery Rides in Apr 2022 during their MBA (BML Munjal); CTO Himanshu joined a year later after two years in software dev agencies.

High-tech, climate resilient farming startup that produces European strawberries under its Oh! Fruits brand - these are twice as sweet and have three times the shelf life of typical Indian varieties. Output will be boosted from 2-3kg per day to 120kg per day, and will diversify into blueberries and raspberries. The goal is to solve inconsistent fruit quality and the lack of year-round supply in India, the world's second largest fruit producer. $2M seed round. Angels investors include Sashi Kumar (Akshayakalpa Organic). Founders: Harish is from BCG (six years) and Pure Harvest (agribusiness in Dubai); Timothy is a plant scientist from South Africa who also worked at Pure Harvest, and SMARTKAS (smart farms); Damien is also a plant scientist from Spain who worked at Viscon Group (food processing equipment manufacturer) and at SMARTKAS. Founded in Dec 2023.

Business intelligence startup which using its proprietary AI engine to deliver descriptive, diagnostic analytics for enterprises. Integrates with 700 data sources. Clients include the government's eMarketplace and IRCTC. ₹4CR seed round. Founder Vipul was at BharatPe, most recently as zonal head for Mumbai, Goa and Gujarat, followed by Tijoree, a neobank, where he headed sales. Founded in Dec 2023.