Jewellery brand sold online, in stores (DLF Mall of India, Noida; DLF Promenade, Delhi) and via stockists including Ogaan. Four new stores opening in Delhi, Mumbai and Ahmedabad. Price points are largely sub ₹10K. $1M second round, following on a $250K seed round by She Capital in Jan 2023. Founded by Nikita Gupta (Pearl Academy) in 2018.

AI agents for workflows across the lifesciences industry, starting with medical writing. As explained by Forbes, "the highly-regulated process of creating literature for regulators, healthcare professionals, patients and other key stakeholders is hugely costly for life sciences business" and also adds significant time to bring new treatments to market. "LogicFlo's approach has therefore been to develop a set of AI agents that can interact with life science companies existing technologies - systems such as Veeva and IQVIA - in order to automate the creation of the content they need. Every piece of literature produced can then be checked by a human being, but staff no longer need to spend countless hours developing the documents from scratch in the first place." $2.7M seed round. Founders: Udith (IIT Madras, HBS) is ex-BCG, Abbott and Dynamo AI; Arun (IIT Madras, Purdue) is a data scientist from AB InBev, Solinftec and Intuitive. Founded in May 2024.

B2B solution for FinTech platforms (brokers, payment apps and wealth-tech companies) to offer a broad range of investment products (from multiple banks and NBFCs) to their clients. Over 30 FinTech companies like Mobikwik and Upstox currently offer fixed deposits and will soon be able to offer other investment and savings products. ₹4CR (~$470K) seed round, including funds raised earlier in the year from Mobikwik and Kapil Bharti (Delhivery). Founders: Ravi comes from PKC Advisory (close to a decade); Sandeep is from IndusInd, YES Bank and ICICI; Uday founded Teknomatics (IT services); the fourth founder Pankaj Pratap Singh is the CTO, who worked briefly at Teknomatics. He is not linked here. Founded in 2021.

Home services and house help on demand, currently operating in Bengaluru. Started off with car care, now covers all services (cooking, cleaning, gardening). Rumoured seed funding round which is unconfirmed. The three co-founders are IIT Delhi/IIT Roorkee - two of them worked at Apna Mart together. The third was with Peak XV for a year before starting Vah Vah (live online vocational training). Comps: Snabbit (Lightspeed, Nexus, Elevation), Pronto (Bain). Founded in Oct 2023.

Startup working on vaccine delivery through a needle-less Microneedle Array Patch (MAP). The technology eliminates the need for a cold chain, with vaccine viability maintained on the patch for up to 120 days at 40 degrees C. Clinical trials begin next year - built for the Indian market as well as other low and middle income countries. ₹5.5CR ($650K) seed round. The founders spun this out of IIT Kharagpur’s Microelectronics and MEMS Lab. Founded in Calcutta in 2020.

Fashion quick commerce, with 250 brands offered in under 60 minutes to customers in Mumbai. Customers can use its Scheduled Home Trials option to try multiple sizes while the delivery agent waits. Now expanding to other cities. $4.5M seed round. Founders: CEO Padmakumar was VP - Fashion at Flipkart; and a Board Member and Head of Apparel & Fast Fashion at Myntra for eight years; after over a decade at Shoppers Stop; co-founder Bhavik is an engineer who was Senior Director of Product Management at Myntra for over six years. Founded in Mumbai in Feb 2025. Comps: Slikk Club (Lightspeed, Nexus), Newme (Accel, Fireside, 2am, All In, AUM), M-Now (by Myntra), Knot and Blip (both currently out in market to raise).

All in one payments platform for finance teams to manage vendor payouts and employee reimbursement, while automating accounting and managing tax reconciliations. Clients across BFSI, retail and media include Plum Insurance, Fibe and Sprinto. The company has processed ₹3000CR of invoices so far. ₹6CR ($700K) pre-seed round. The co-founders, Pratik and Devyanshu, are from Pratilipi - product management/the CEO's office and software engineer respectively. Founded in Jun 2023.

An "AI-native operating system" for e-commerce brands. The commerce stack 1) brings together AI agents to automatically generate content for catalogs and marketing; 2) creates localised ad campaigns and identifies customer segments and 3) adapts online stores for each visitor in real time (layout/content/recommendations). $20M round. Co-founders Sai Krishna (Stanford) and Ajay built Scapic together - AR/VR experiences for e-commerce, acquired by Flipkart. The two then worked together at Flipkart to head Flipkart Labs, before joining Polygon Labs together. Founded in Mar 2024. Comps: lots.

Fixed income investing platform for institutional as well as retail investors - corporate bonds, government securities. Its public bond directory covers over 20,000 bonds. ₹32.5CR ($3.8M) first external funding round from undisclosed individual investors. Founders: Vishal has been a trader for over 20 years including 12 years at Deutsche Bank; Aditi comes from 20 years at family owned bond house - A K Capital Services. IndiaBonds was founded in Jan 2021.

Indigenously developed counter drone system that has undergone trials with multiple regiments of the Indian Army. Small, cheap drones are determining the outcome of conflicts across the world, as we've witnessed in the last two years - a reported 70% of deaths in Russia and Ukraine have been from drones. The company has developed its first product - Surge AR01 - a smart drone jamming gun which has a 1.6km jamming range. Current Indian comps are claimed to be ineffective against custom built drones and have little IP control given foreign collaborations. ₹13CR ($1.5M) seed round. Other investors in the round: AC Ventures, Dexter Ventures. Founder Amardeep (IIT Bombay - aerospace engineering) was CMO at ideaForge and co-founder at NexGear (adventure cameras like GoPro) and Vizard (contextualised creatives for brands). Founded in Apr 2024. Comps: Zen Technologies (listed), Big Bang Boom, Paras Defence.