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.
EV as a service fleet operator for Amazon, Flipkart, Blue Dart and Porter. Fleet of 1,000 two and three wheelers. Profitable in key markets - Bangalore, Chennai, Hyderabad. Expanding into Southeast Asia. $2.5M round, the company has raised seed rounds in the past, in 2019 and 2020. This round is funded by individuals - Vijay Kedia (public markets investor), Lloyd Balajadia (Lloyd Laboratories in the Philippines), Rahul Bothra (CFO at Swiggy). Visakh, the Founder & CEO, started this out of IIT Madras Research park almost 12 years ago as Pi Beam, an EV manufacturer, which then pivoted to the current model.
Refrigerated container shipping platform for perishible goods. Operates in a niche for temperature-controlled exports of fresh produce, meat, marine products and flowers from India. "Our platform has been instrumental in solving export inefficiencies for Indian SMEs. We’ve reduced booking times from 72 hours to just 10 minutes, while also helping clients cut down spoilage and expand market reach by over 40%.” ₹2.5CR bridge round, following on ₹2.75CR raised earlier. The founders have built this business over the last nine years. The CEO comes from the freight industry. Comps: Wiz Freight, Cogoport, Intercont.
Food-tech startup offering non-refrigerated plant-based protein products - mixes for samasos, momos, kebabs and so on. The impact angle - it aims to reduce protein deficiency in markets with limited cold chain infrastructure, while also reducing emissions compared to the farming, production and transport of non-vegetarian, cold-chain dependent products. The company has 30 B2B clients, including food manufacturers and HoReCa customers. The company is looking beyond India, to West Africa and other markets. Founders: the CEO co-founded Wok Hospitality (cloud kitchen with 20 locations).
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).
Music licensing platform for independent artists in Asia, i.e. "vernacular sounds, regional beats, and culturally relevant music assets". 30,000 musicians on the platform which launched in 2019, no metrics provided on usage. Seed round of an undisclosed amount. The Founder & CEO is from investment banking (Technology Holdings, Yukon).
B2B supplier of Indian sweets - single serve sizing, preservative-free with a 6-month shelf life. Sold through 27 B2B clients across 1,500 distribution points. Clients are largely HoReCa, it will now look at smaller scale HoReCa (chains with <5 outlets), caterers and launch a B2B2C brand - "FAAD". Targetting ₹20CR revenue in the next 15 months and entering the Middle East in 2026. ₹2CR seed extension round. Co-Founder Sanket ran Urban Spice for a decade, operating food kiosks in corporate parks.
Recruitment platform combining a network of freelance recruiters with - you guessed it - AI. A key positioning of the platform is towards building recruiter supply - "empowering recruiters to work remotely and independent". ₹1.2CR seed round. Three of the founders built VictaMan Services, a dev firm. The fourth, the CEO, was a sales manager in the pharma industry - Lupin/Dr. Reddy's/Emcure.
Animal and plant nutrition products, made from insects. Fundraise towards building a Black Soldier Fly factory (i.e., a facility dedicated to rearing Black Soldier Fly larvae) that will process 150 tonnes of feedstock on a daily basis; and global expansion. ₹32CR (~3.8M) seed round. Other investors in the round: Blume Founders Fund, Nitin Sharma (Nexus), Sameer Brij Verma (Northpoint), Anchit Gupta (Samara), David Chen (Equilibrium Capital). Founders: Siddharth (BITS/Kellogg) comes from Intact Infosys (a system integrator); Shivali (TERI, Humbodlt Fellow- Leibniz University) is a waste management expert. Comps: Loopworm (WaterBridge, Omnivore), Arthro Biotech (not funded).
Construction materials marketplace: connects US contractors and distributors directly with vetted manufacturers, offering integrated logistics, quality control and financing. AI is used for pricing predictions, lead-time optimisation and supplier recommendations. $750K pre-seed round. Founders: Harsh built product at US construction tech startup Katerra; Nasir, Raghav and Shubham (not listed here) are from OfBusiness.
B2B auto spare parts marketplace for independent workshops. Currently in Gurgaon with an "on-demand retail" model, i.e. quick delivery. $1M seed round. Other investors in the round: 1947 Rise, a dozen angels. The founder, Vivek, was the Head of Business at Spinny for four years, prior to which he was Co-Founder at Stichio, a social network. Comps: SparesHub (Anthill), Boodmo, Koovers (acquired by Schaeffler), TyrePlex (PeerCapital).