Tracking pre-seed and seed rounds 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.
SportsTech startup with a mobile app that standardises sports assesments for young athletes and delivers data-based feedback to improve their athletic potential. Benchmarking tools are in line with globally accepted frameworks. It then connects these athletes with scouts from Indian and global leagues, along with sponsors. Coaches and parents get to track progress in real time. $1M round. Other investors in the round: M Pallonji, Jeena and Co., Ayaz Billawala, Nimesh Kampani, Jaimin Bhat (ex-Kotak). Founders: the CEO was Head of Engineering, GetMega; the CTO was an Android Engineer at the same startup; the third co-founder was a Managing Partner at Thermotech (transformer components). Comps: SportsSkill (Waimea Bay Investments); KIBI Sports (angels).
Data security for Gen AI apps. Gives IT and security teams visibility into how AI is used across enterprises. Unbound's infras makes AI safe, observable and governable within large organisations. Their main product, Unbound AI Gateway, integrates with tools like Cursor, Roo, Cline, and internal copilots. "Defaulting to blanket bans on AI tools is like being in the times of GPT-3.5," notes CTO Subbiah. "Unbound introduces surgical security controls into every AI request so teams can innovate without compromising sensitive data." $4M seed round. Other investors in the round: Massive Tech Ventures, Northside Ventures, Liquid 2 Ventures, Pioneer Fund, Ram Shriram and others. Founders: the CEO started out at Datamattic and Adobe in Bengaluru, followed by Imperva and Palo Alto Networks in the Bay Area - and is also a Venture Partner at Pioneer Fund. His co-founder was at Adobe for seven years followed by Tophatter. Both founders are PSG College of Technology alumni. Comps: Singulr AI (Nexus, Dell).
Home cleaning products in concentrate format that are non-toxic and more environmentally friendly (water takes up 90% of the volume in cleaning liquids). 150K customers served so far, across D2C, Quick Commerce and eCommerce. The company will also look at select international markets. $1M seed round. Other investors in the round: Utsav Somani (iSeed), Suhail Sameer (OTP), Sumit Jalan, Ajay Kumar (Action Tesa Group), Alok Mittal (Indifi). Founders: Mayank founded Rusabl (D2C brand with a similar product range); Karan worked at Muktha Laboratories.
Marketplace for secondhand luxury fashion. The platform lists 10,000 products from global brands and provides authentication in-line with global comps (think Vestaire Collective) - every item comes with a authenticity certificate. Tata CLiQ Luxury collaborated with the company last year to offer a curated range of pre-owned handbags. Seed round of an undisclosed amount. The two co-founders, Ashri and Varun, started Ziniosa close to eight years ago. Comps: Confidential Couture, My Almari (neither are funded).
Wealth management firm to give access to - as the name suggests - alternative investments. Claims to have onboarded 100 HNI clients. ₹1CR seed round from undisclosed family offices. Founders: the CEO had a brief stint at Client Associates and as a Wealth Advisor to the founder of "one of India largest gaming company's"; the other co-founder was at Client Associates for close to five years.
SpaceTech - developing electric propulsion systems to enable longer duration sattelite missions in Ultra Low Earth Orbit (ULEO) - i.e. below 250 kms altitude. ULEO has traditionally remained largely inaccessible due to high atmospheric drag and fuel constraints. LEO itself (500-700km altitude) is a crowded space - both in terms of competitors as well as space debris. Orbitt's propulsion system uses residual atmospheric gases as propellant instead of carrying traditional fuel. $1M pre-seed round. The fundraise will go towards a first space demo mission by mid 2026. Both founders are ex-ISRO scientists from its Space Applications Centre - working at ISRO the last eight years before starting Orbitt Space this February.
AI for QA and QC in the construction industry, that automatically detects and tracks every defect across the construction site. A ~30mm accurate 3D model of the site is built using helmet mounted 360 degree cameras. The company claims it is seeing early enterprise adoption in India and abroad. $1.2M seed round. Founded at Entrepreneur First. Founders: the CEO, IIT Bombay was an EIR at Entrepreneur First and Head of Autonomy at Airbound. The CTO, IIT Madras, was the AI Lead and on the founding team of the ePlane Company. Comps: SitePace (funded by SucSEED Ventures in April) is a direct comp.
"Estailo - with love from Korea". Korean-inspired fashion accessories brand. Processes 1,500 daily orders and operates with a 70-member, 90% women team. ₹75L from Wolfpack - a venture studio. The Founder, Sangeeta, was a senior software engineer at Fiserv for five years, before starting Estailo in 2023.
FX infra startup which has just come out of stealth. New payment rails and a last-mile liquidity model ensure that 90% of FX transactions are settled within 60 minutes rather than the typical 2-7 day norm. In less than a year, the startup claims to have processed >$10B in annualised transaction volume. $23M seed round. Other investors in the round: Castle Island Ventures, Flybridge, Hash3. Founder & CEO Prabhakar Reddy, BITS and HBS, is ex-Accel, the former co-founder of Falcon X (digital assets brokerage) and former CEO of Dramatize (acquired by BookMyShow).
Dinnerware brand with toxin-free alternatives, including bone china (animal bone ash)-free ceramics, lead-free glassware, and 304 food-grade stainless steel cutlery. Neha Dhupia is a brand ambassador. Seed round of an undisclosed amount. Other investors in the round: GX Ventures, Neha Dhupia, Agnello Dias (JWT), Suraj Nalin (PlaySimple). Founders: Yadupati spent a year each at Avendus and JP Morgan; Vishal was the Head of Marketing & Sales at Wipro Consumer Care & Lighting and Head of Sales at VIP.