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.
Dashcams for retail customers and fleet operators. Dashcams now come with ADAS and driver monitoring (for fatigue etc.). Fleet customers include Shoffr, Euro Cars, Namma Yatri, Cityflo. ₹11CR seed round. Other investors in the round: Infinyte Club; MeitY through PIEDS-BITS Pilani; Gajendra Jangid and Vikram Chopra (CARS24). Founders: Ankit is from Bounce and Bounce Infinity; Pranjal was an EIR at Antler and a coder at Dream11, Urban Company. Comps: Safe Cams and NEXDIGITRON (not funded).
QSR chain of fresh fruit juice bars, starting with one location in Indiranagar, ₹99+ price points. This is India, so the juice bar also does burgers. "Drinking juice from a place you can trust for transparency, value and quality, all at an unbelievable price point.” $1.2M seed round from Prakash Sikaria (Super.money), Ravi Iyer (Flipkart), Arpan Sheth (Bain) and others. Abhishek and Vikram were Head of Marketing and Head of Business Strategy & Growth respectively at 4700BC, the popcorn brand. That brand, incidentially, is at ₹125CR of revenue for FY25.
Chain of coffee shops in North India with a vegetarian menu. Now in 35 locations. Pre-seed round of an undisclosed amount. Recent comps: Fast Coffee; First Coffee.
Hybrid-casual gaming studio. It's first game, Ludo Hero, released this Feb. $1M pre-seed round. Other investors in the round: Ventana Ventures, 91 ventures, Untitled Ventures. Dhananjai brings experience from GamesKraft/Mayhem Studios/Dream Game Studios. Neeraj spent close to nine years at Zynga.
Quick commerce for fashion, with delivery in 60 minutes. The immediate goal is to cover 80% of Bangalore's PIN codes, while diversifying into over seven lifestyle categories (categories undisclosed), and expanding across Tier 1/2 in the next five years. It's Try & Buy feature allows you to do exactly that, while the delivery exec waits. $3.2M seed round, with participation from existing investors (Better Capital, Untitled Ventures) and angels Abhishek Goyal (Tracxn), Abhinav Pathak (Perpule), Madhav Tandan, Nikhil (Panthera), Saurabh Gupta (DST Global). The three founders worked together at Amazon and Perpule (self checkout solutions).
Mobile games publisher. Focuses on hybrid-casual games in collaboration with 10 Indian studios. Has crossed $1M ARR in Feb (4x of Nov 2024's number) and 1M downloads with its top titles - Seek & Find and Nova Solitaire. $3M seed round. Existing investors DeVC and Visceral Capital also participated. Anurag, the CEO, was Co-Founder at Wakao (social video app); ex-Swiggy, ex-Snapdeal.
Capsule hotels come to India! Starting with one location in Noida, the startup will provide affordable, hygienic, tech-driven stays in IT hubs and near religious sites. The budget hotel market in India is $20B and growing 13-15% a year. $500K pre-seed round. Nitin was the founder of 247around (acquired by Servify), repair and maintenance for home appliances. Himanshu comes with a decade of experience as a customer experience manager.
Building India's first dedicated PC and console game publishing house, to publish world-class indie and AA games for global audiences. Three upcoming releases announced for this year. Pre-seed round, amount undisclosed. Deepak (co-founder) built Street Lamp Games (hyper casual games) for eight years; while Mantena (co-founder) most recently spent 5 years at PTW (ptw.com), as VP of Products. Other investors in this round: Sridhar Muppidi (YesGnome), Tanay Tayal (Ex-Moonfrog), the founders of Playsimple, Vatsal Chintalpati (ExMachina Investment Partners), Rick Herman (Ex-Sony)
Mobile gaming studio for hyper and hybrid casual games. Developing mobile games in the “relax and unwind” category for audiences in the US/Europe. $1.2M pre-seed round. Other investors in the round: Visceral Capital, Signal Ventures, Surojit Roy (Firescore) and other angels. The founder, Karan, was earlier co-founder of Firescore Interactive, acquired by CrazyLabs, a Top 3 mobile games publisher globally. Core members of the team also come from Firescore.
It was inevitable the pickleball craze would bounce outside the court and get funding - the setup doesn't need much space, the ROI is great. GoRally operates four centers across Bengaluru with 15 courts, including a 15,000 square feet indoor facility near Indiranagar. Will expand to eight centres and 42 courts by year end (two of which will be paddle courts). $750K pre-seed round. Other investors include Mohit Kumar and Vatsal Singhal (Ultrahuman), Viren Singhvi (ex-American Razor Safety Co.), Kartik Kapoor (East Africa Racquet Sports), Abhishek Goyal (Tracxn), Deepak Singh (Gameskraft), Arjun Vaidya (V3 Ventures).