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.
Aerospace startup developing advanced propulsion and power systems. Its first three engine prototypes will undergo trials with local UAV manufacturers, reducing India's dependence on imported propulsion systems. Its small gas turbines also have uses cases for decentralised power generation for the oil & gas and manufacturing industries. $3M seed round. All three founders are ex Rolls Royce and GE.
Lab grown diamonds. Going from 4 to 20 stores in the next two years, currently in Mumbai, Pune, Bengaluru, Hyderabad. $3M seed round. Two brothers - Adit is from WestBridge and BCG; Aayush worked at family business Prism Jewellery, a manufacturer of traditional diamond jewellery. Comps: COLUXE, Fiona Diamonds, Limelight Lab Grown Diamonds, Jewelbox.
AI driven audit and compliance automation. $1M seed round. The three founders worked together at Spyne (AI to improve visuals for used car retailing), in sales, product and AI roles.
One-stop-shop to help students answer all their questions regarding colleges, courses and exams - covering 6,000 institutions across 500 cities. Content on the platform is a funnel to drive 1-1 counselling sessions. Seed round of an undisclosed amount. Sanjay was CBO at Collegedunia.
Ride-hailing platform operating on zero commission, fixed monthly subscriptions fees for drivers. Claims to be the only platform with an LOI to operate auto services in Chennai; 45,000 drivers; 75,000 passengers (monthly or till date, unknown). Operates in Chennai, Salem, Tiruppur, Erode, Coimbatore. ₹1.5CR seed round. The founder Pinku was CTO and then CEO of Remote Backup Services. Comps: Rapido, Namma Yatri - Uber itself has moved to the zero subscription model for autos this February.
Listings platform for luxury real estate, with a portfolio management arm. $2.5M seed round. Sumesh, the CEO, was the COO of property developer Sunteck Realty.
Humanoid robotics startup. Has developed Tara Gen-1, a semi-humanoid robot, for use in hospitality and customer service roles. ₹4.3CR pre-seed round, investors undisclosed. The three founders are from the Akshaya College of Engineering and Technology, Coimbatore and started soon after graduating.
Carbon offset platform. Enables high-quality carbon removal at scale. Companies globally can offset their emissions by leveraging its dMRV stack, carbon credit assessment engine and on-ground presence. ₹1CR round. Angels in this round: Anindya Sengupta, Mohan Alexander, Sameer Prabhudesai, Sandeep Datta, Shantanu Pratap Singh, Sidd Gandhi, Sumit Harit, Tanmay Das. Founders: Vineet is former CEO of SG Analytics, Director at Moody's; Utkarsh worked at Eximius Ventures; Anwita is a lawyer turned sustainability consultant. Info on this round has only been disclosed to us, so far.
Digital speech therapy for stuttering and other communication disorders. Eloquent, it's first app, has resulted in a 53% reduction in stuttering severity and a 34% improvement in communication confidence. $500K pre-seed round. The founder was most recently Chief Data Scientist at DeepTek (AI in Radiology), while the CTO was also a data scientist at the same firm.
Pre-launch venture that will establish medical and surgical oncology facilities in Delhi and Mumbai, with plans for 10 cities over the next three years. Fully integrated care, with shorter wait times for treatment, mental health support, nutritional care and pain management. $10M seed round, in a JV between the renowned hospital group and a healthcare focused VC firm. 2070 Health is the venture studio arm of W Health Ventures The founding team/CXOs are undisclosed, the company has no online presence as yet.