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.
Importer and distributor of alcoholic beverages - whiskies and wine - sold under their own brand. Distribution network across seven states. Seed round, amount undisclosed.
Cross border payments for Indian SMEs. Avoids the multi-bank hopping of an international transaction that happens in the SWIFT system, which leads to multiple fees, by enabling direct transactions between Infinity's partner banks in India and abroad. This can reduce fees by 70%. Also enables SMEs to earn interest on idle cash through investment in government securities. Bengaluru based, the founders are siblings. $1.9M pre-seed round. Differentiation is well explained in the YourStory article linked below. It's a real shame this startup wasn't funded by India-based VCs.
Pediatric care platform - instant pediatrician support with a dedicated team of doctors for each parenting stage. 100 doctors onboard with pediatrician support at ₹1,000-2,000 a month and programs like sleep training at ₹2,500-5,000 a month. $700K seed round. Other investors in this round: Amplify, Abhishek Sharma (Fashinza), Ankit Gupta (Bicycle Health), Akshay Saxena (Avanti), Dhruv Dhanraj Bahl (Eternal Capital).
Enabling gamers to shop inside their favourite mobile games while playing. This unlocks a new monetization model for game developers and enhances player engagement. Seamlessly integrates rewards from 150+ D2C brands. $500K seed round.
Provider of IoT devices and AI-based predictive maintenance. Predict and prevents equipment failures, saving manufacturers up to $6K per machine annually. Clients across industries: Adani, Abbott Healthcare, BPCL. ₹5.6CR seed round. Part of the YourNest-SanchiConnect Velocity Program 2024.
Secured lending platform with a Loan Against Mutual Funds (LAMF) product, in collaboration with Bajaj and NBFCs. ₹6.75 crore pre-seed round. growX ventures (not linked below) also participated in the round.
AI-driven search for the workplace, that brings together a user's files, notes and information across apps while ensuring data privacy/security. The goal is to become an alternative to Dropbox or Google Drive - cloud storage with easily collatable information. Pre-seed, amount undisclosed.
Longer lasting, fast-charging batteries for agricultural drones. Existing drone batteries result in a short flying time which requires drone operators to carry up to six additional battery packs. The company specialises in Graphene and Lithium-ion based batteries, allowing drones to spray 40 litres of chemicals and pesticides over 4 acres in a single charge. $1.4M seed round.
Lab-grown diamond brand. Focused on contemporary designs, a customised offering, will launch online followed by flagship retail stores. Founded by Priyanka Gill, Venture Partner at Kalaari Capital; formerly Founder of POPxo (sold to Good Glamm Group). Angel round, amount and investors undisclosed.
AI presentation maker - "ChatGPT for presentations". In the company's own words it has "gone on to amass millions of users and millions of dollars in profit, not just revenue". $3M seed round. Twenty angels participated including Vijay Shekhar Sharma (Paytm), Kunal Shah (CRED), Girish Mathrubhootham (Freshworks).