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.
Logistics startup providing last mile delivery for D2C brands and e-commerce sellers. It operates a network of dark stores, offering 4-hour, same day and next day delivery. It processes 15,000 orders a day, helping brands reduce RTOs and increase on-time delivery. ₹6.5CR seed round. Founders: the CEO managed procurement at Greaves Electric, Ola and Honda Motorycles; the COO was former COO at GO with DOT (last mile delivery).
SaaS product that enables live video eCommerce for brands as well as shoppable reels. It combines live video shopping, Agentic AI and conversational commerce to reduce bounce rates and drive engagement up by 2x, as well as increase sales by up to 30%. It has over 300 clients from Manyavar to Thomas Cook. $300K seed round. It had previously raised from 100x and Pentathlon Ventures. Founders: The CEO comes from Publicis Sapient (heading Cloud Managed Services) and Infosys; the CTO is from Publicis Sapient and Globallogic.
Chain of skincare clinics. "Korin": Korea+India, "Mi" = Beauty. ₹3CR pre-seed round led by angels including Vikas Agarwal (Kaya Skin Clinic UAE), Vivek Kumar (VentureGarage). Currently operates from two locations in NCR (Worldmark, Defence Colony), with 25 outlets planned over the next three years (entering Mumbai, Chennai, Hyderabad). The company is also launching its own skincare brand, sold D2C and via Nykaa etc. “We are formalising a new category in professional Korean skincare tailored for Indian consumers with a high-trust clinical approach". Founders: the CEO was a Senior Brand Manager at Mars (confectionary), the COO is a cosmetologist.
Gut-health D2C brand, as the name suggests. It offers at-home testing kits (a saliva-based pH test for acidity) along with clinically validated Ayurveda-inspired nutraceutical supplements. $360K raised in this extended seed round. It has previously raised $500K at seed. Founders: Mukul, ex-NestAway, was the Founder & COO of YoloBus. Mansi is ex-Honeywell and managed Customer Experience at YoloBus.
Lab grown diamond and polki jewellery brand. Targetting ₹60CR this FY, from ₹14CR in FY25. Current stores: Delhi, Noida, Mumbai, Surat, Nagpur - now opening in Chandigarh and Ahmedabad. However, IG+their own website contribute 60% of sales. ₹2CR seed round. Founder Ayushi Jindal is from Pearl Academy and was the founder of House of Her (fashion brand). Comps: Firefly Diamonds (WestBridge), True Diamond (Titan, Huddle, Zeropearl), COLUXE (angels), Fiona Diamonds (Venture Catalysts, AC Ventures), Limelight Lab Grown Diamonds, Jewelbox (V3)
Offline social networking platform from the founder of Aisle. Launched last September, the product is in its early days - focused on getting the number of jams (group hangouts offline) to 500 a week. Aiming at a weekly frequency use case - "we've consistently seen over 40% weekly activity from our core member base". The company is also testing a second unnamed product in beta mode - "a link-in-bio to turn visitors into friends, clients, teammates and more". Seed round, amount undisclosed. Founder Able Joseph built dating app Aisle over a decade and sold 76% of it for ₹91CR to InfoEdge in 2022. Aisle has ~1M MAU today, made ₹35CR for IndoEdge in FY24 and is now focused on getting to profitability.
AI-driven English learning platform. Offers a voice-first tutor for English as a second language. Users improve their spoken English - across fluency, pronunciation, vocabulary and grammar. The app has 4M installs, ~500K MAUs and 45K paying users. Expansion will focus on Latin America (40% of revenue today) and South East Asia. The majority of users are already outside India. $3.75M Pre-Series A round. Other investors in the round: Rebright, Force Ventures, GradCapital, Operators Studio. The founders started building Stimuler midway through college - three are from IIT BHU, the fourth, CTO Akshat Baranwal (not linked below) is from IIIT Allahabad.
Platform aggregating hostels and PGs. Assures a common quality of service through the brand - food, hygiene, security - at 25 locations. ₹8.5CR round, including primary and secondaries. Vaibhav, Co-Founder & CEO, is from KPMG. Full stack student housing operators (not aggregators) have seen a clearing out in recent years - YourSpace (₹143CR revenue in FY24) and Stanza Living (₹458CR in FY23, now raising at a down round) continue to operate; NestAway raised $115M and sold for $11M in 2023; Oxfordcaps raised $11M and was sold in a distressed deal in 2021.
High-resolution thermal imaging through a constellation of Low Earth Orbit (LEO) satellites. Applications across agriculture, environmental conservation, urban planning and defence. "Beyond economics, thermal EO can help cut 2 Gigaton of GHG emissions annually and drive nature-positive action". In agriculture, for example, thermal imaging optimizes irrigation practices and prevents crop failure. Other investors in the round: Java Capital, IIMA Ventures, PointOne Capital, angels Manish Gandhi and Dheer Baldua. Two of the three founders are from Amnex Infotechnologies - heading business development for satellite solutions. The third was a scientist at ISRO for 26 years.
Robotic systems that automate exterior building maintenance, currently operating in Chennai. Saves 70% in time, 50% in cost and 15% in materials used; with applications in both building cleaning and painting. ₹1.5CR seed round. It was earlier part of the Brigade REAP Accelerator. The founders come from Flipkart (supply chain), Air Defence Agency (electrical design) and TCS (systems engineering).