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Companies across health, science, consumer and AI.Each one stands on its own commercial merits.Each one reflects a part of our thesis.

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Wellopia

Clean-label remedies for kids are now available on 1mg.

Perfora founders sitting on a sofa

A digital-first oral care range spans toothpaste, whitening, and electric toothbrushes.

Infrax Renewable

Rooftop solar EPC serves residential, commercial, and industrial customers.

Better Nutrition

India’s first biofortified atta and rice brand fortifies everyday staples.

Infinite Locus

AI demand forecasting now powers planning for global retail brands.

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Sustainability

E-waste and Li-ion battery recycler that has processed 1,00,000+ MT and recovers cobalt for India.

Rajesh Gupta
Founder
Rupesh Chitte
Founder
SUSTAINABILITY
Investment Thesis
Critical minerals will decide India's energy transition, and Recyclekaro is the scaled domestic source.

The Gap

Informal recyclers burn and leach cells in the open, losing most of the value. Few formal players can take a lithium-ion pack apart and return refined metal.

Details

Over 90% material recovery from end-of-life batteries

375+ corporate partners feeding a steady supply

IIT Bombay technology licence; CPCB and MPCB authorised, ISO 9001, 14001, 45001

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Pharma distribution operator consolidating 80,000 distributors onto one platform, targeting ₹6,500 Cr GMV by FY30.

Ankit Solanki
Founder
HEALTHCARE
Investment Thesis
Pharma distribution consolidates into a few owners everywhere; Kyoora is building India's.

The Gap

Distribution is the least digitised link in Indian pharma. Orders move by phone and paper, and no distributor can fund software alone.

Details

~3,000 manufacturers and 9 lakh pharmacies sit on either side of the chain

A pharmacy buys from about 20 distributors today

Target of 70,000+ retailers by FY30

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Paris luxury perfume house founded in 2013, stocked at Harrods and backed by Eurazeo Brands.

Sylvie Loday
Founder
Olivier Royère
Founder
Benoît Verdier
Founder
LUXURY FRAGRANCE
Investment Thesis
A proven Paris luxury house with global retail reach, now with Indian capital behind it.

The Gap

Niche luxury perfumery is dominated by European houses, and entry into top retail demands a distinct creative identity.

Details

Founded by three luxury-industry veterans

Built on a belief in radical creative freedom in perfumery

Creative direction stays with the founders

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B2B quick-commerce for kirana stores, delivering 1,000+ FMCG products in under 60 minutes to 20,000+ retailers.

Prateek Bansal
Founder
Yash Bansal
Founder
COMMERCE
Investment Thesis
Whoever owns the kirana's daily restock owns the layer between brands and 13 million shops.

The Gap

Kiranas restock from wholesale markets with little credit or price visibility. Quick-commerce apps serve consumers, not the shop owner buying inventory.

Details

$15M raised, led by Bertelsmann India Investments

25+ brands grew retailer reach 38% in four months

One shop moved from ₹30-35K bulk buys to ₹5-6K daily orders

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Clinical-grade longevity and wellness equipment maker, with 50+ projects delivered across 5+ countries.

Akshay Vatsa
CEO
WELLNESS INFRASTRUCTURE
Investment Thesis
Every longevity clinic needs equipment; Alteon sells the picks and shovels, not one brand's bet.

The Gap

Premium longevity centres mostly run on imported machines, with long lead times, high costs and little local service.

Details

Designs and manufactures its own equipment

Offices in Mumbai, Albany and Dubai

Part of India's rehabilitation and assistive technology ecosystem

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Herbal extract manufacturer supplying 200 products and 20 branded ingredients to health brands in 50 markets.

Madhu Krishnamani
Founder
Gaurav Soni
Founder
NUTRACEUTICALS
Investment Thesis
A manufacturer serving hundreds of brands grows with the whole category, not one label.

The Gap

Global supplement brands want standardised, certified botanicals, but plant sourcing is fragmented and hard to audit.

Details

Vertically integrated, seed to extract

Built to TGA, MEDSAFE and EU standards

$30M raised in January 2025 for international expansion; offices in 6 countries

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AI demand-forecasting and growth partner that cut Victoria's Secret planning time by 50% at 90% accuracy.

Ishmeet Singh Anand
Founder
Nabheet Madan
Founder
SUPPLY CHAIN AI
Investment Thesis
Enterprise AI with a proven result at a global retailer is rare, and this team has the delivery record to repeat it.

The Gap

Retail forecasting still leans on spreadsheets and judgement, and generic AI tools rarely fit a brand's own data.

Details

Founded 2019 by an operator with 16+ years in digital transformation

60+ brands retained across five continents

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Biofortified atta and rice brand, India's first, raised ₹10 Cr to put nutrition into everyday staples.

Prateek Rastogi
Founder
Aishwarya Bhatnagar
Founder
NUTRITION
Investment Thesis
Staples are in every kitchen and supplements are not, so fortification reaches further.

The Gap

Dietary advice asks households to change habits, and most do not. Micronutrient deficiencies persist even where calories are sufficient.

Details

Founded in 2017 by a husband-and-wife team

Backed publicly by PV Sindhu

Featured on Shark Tank India, Season 4

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Self-care brand built only for teens, founded by ex-Nykaa leaders and seeded with ₹10 Cr led by Fireside.

Rishi Seth
Founder
Mantosh Roy
Founder
CONSUMER
Investment Thesis
Teens are a category of their own, and the founders bring the e-commerce operating experience to serve it.

The Gap

Teenagers get scaled-down adult products or none at all, despite spending heavily on skin and grooming.

Details

Products shaped by the Sammmm Squad, a community of teen testers

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Rooftop solar installer for homes, businesses and industry, listed on BSE SME five years after its 2019 start.

Bhargv Vachhani
CEO
ENERGY
Investment Thesis
Rooftop solar adoption needs execution, and a listed installer brings governance with it.

The Gap

Rooftop solar has many installers and few reliable ones, with quality and after-sales service varying widely.

Details

ISO 9001:2015 certified

Converted from a partnership to a public limited company

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Clean-label OTC remedies for children aged 2+, on 1mg and seeded with ₹8 Cr led by Fireside.

Sanil Bhatia
Founder
Vishakha Paliwal
Founder
CHILDREN'S HEALTH
Investment Thesis
Parents will pay for ingredients they trust, and no one has owned that trust in children's OTC.

The Gap

Parents read labels closely, yet children's remedies are often adult formulations with added sweeteners and colours.

Details

Co-founded in late 2024

Range spans hydration, cough care and throat relief

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Agentic AI for enterprise workflows, from documents to hiring, built on 15+ years of IT automation.

Aditya Singh
Founder
ENTERPRISE AI
Investment Thesis
Enterprises are moving from chat to agents that complete work; Ibotix has the automation depth to deliver it.

The Gap

Most enterprise AI stops at answering questions. Work still waits for people to move files, check records and trigger the next step.

Details

Recognised under Start-up India

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AI ad-yield platform for publishers on its own DSP, Zillion Ex, across CTV, DOOH, app and web.

Shaurya Rao Nigam
Founder
Amandeep Kamboj
Founder
AI ADTECH
Investment Thesis
Owning the demand-side platform gives small publishers yield they could not buy before.

The Gap

Small publishers sell inventory through intermediaries, losing margin at every layer and seeing little of how ads perform.

Details

Integrated with Google

Headquartered in Singapore with a builder base in India, founded 2022

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Clean oral-care brand across toothpaste, whitening and electric brushes, at ~₹70 Cr revenue in four years.

Jatan Bawa
Founder
Tushar Khurana
Founder
ORAL CARE
Investment Thesis
Digital-first brands can rebuild daily-use categories, and Perfora is doing it in oral care.

The Gap

Mass toothpaste competes on foam, flavour and price, with little attention paid to ingredients.

Details

Founded in 2021

$8.63M raised across 5 rounds, led by RPSG Capital

Founder-written newsletters keep it close to customers

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AI video-ad generator that turns a brief into a studio-quality ad in minutes, at ~$4.4M ARR.

Rituraj Biswas
Founder
Neha Soman
Founder
AI ADTECH
Investment Thesis
Creative is the bottleneck in performance marketing, and video is where it hurts most.

The Gap

Brands need dozens of ad variants a week, but agency production takes days and a budget most growing brands lack.

Details

Raised ₹7 Cr in a Pre-Series A

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Performance footwear and sportswear designed for Indian feet, co-founded by Sachin Tendulkar and launched in 2024.

Karthik Gurumurthy
Founder
Sachin Tendulkar
Founder
Karan Arora
Founder
SPORTSWEAR
Investment Thesis
India's sports market has no homegrown performance footwear brand, and a name the country trusts leads this one.

The Gap

Imported sports brands design for foot shapes from elsewhere, while Indian players have competed mostly on price.

Details

Launched from Bengaluru

Unveiled publicly in Mumbai in 2025

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Portable South Indian sweets brand that grew from ₹2,000 in 2015 to a ₹300 Cr+ run rate.

Nalini Parthiban
Founder
Anand Bharadwaj
Founder
Srivatsan Sundararaman
Founder
Veera Raghavan
Founder
CONSUMER
Investment Thesis
Founders who proved demand on ₹2,000 can compound it with institutional capital.

The Gap

Traditional sweets are regional, short-lived on shelf and tied to festivals, so they rarely become national brands.

Details

Four cousins, one family recipe book

Named to the Forbes Asia 100

Backed by Peak XV Partners

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Private-label cosmetics manufacturer formulating for 50+ beauty brands, backed by ₹100 Cr.

Rahul Tandon
Founder
Nukul Mehra
Founder
MANUFACTURING
Investment Thesis
India's beauty boom needs manufacturing capacity, and Naturis is the scaled R&D-led player.

The Gap

New beauty brands need formulation expertise and compliant facilities that most cannot build alone.

Details

Founded in Jammu in 2011

New facility in Vapi expanding manufacturing and R&D

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Exposome-based skincare for Indian skin, used by 70,000+ people and prescribed by 2,000+ doctors.

Dr. Renita Rajan
Founder
DERMATOLOGY-LED SKINCARE
Investment Thesis
Clinical evidence is the moat in Indian skincare, and CHOSEN is the one publishing it.

The Gap

Most skincare research is run on lighter skin tones, leaving melanin-rich skin with products never validated for it.

Details

Founded in 2020 by Dr. Renita Rajan

First Indian topical contour serum published in a clinical journal

Series A backing tied to L'Oréal

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Precision-fermentation protein company that began as a low-calorie ice cream brand in 2018.

Sourav Padhee
Founder
Shama Bhat
Founder
FOOD SCIENCE
Investment Thesis
Alternative protein will be built on fermentation, and IUVA has a revenue-earning base to fund the science.

The Gap

Protein demand is rising while livestock is resource-heavy. Fermentation-derived protein is still early and mostly built abroad.

Details

Incubated at KIIT

Research now runs under IUVA Labs

Co-founder with a biotech background

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Fine fragrance from Kannauj's perfumers, the first Indian fine-fragrance brand at Sephora.

Navneet Kaur
Founder
Fatema Raja
Founder
LUXURY FRAGRANCE
Investment Thesis
India's perfumery heritage had no global luxury champion, and this is the first built to be one.

The Gap

Kannauj has made attar for generations, but the craft rarely reaches buyers outside local markets or under a luxury identity.

Details

Featured in the Financial Times

Rooted in South Asian heritage and Ayurveda

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Advisory-first investing app for retail investors, backed by a $10M Series A led by Bertelsmann.

Pranit Arora
Founder
Avneet Dhamija
Founder
Vikash Agrawal
Founder
WEALTHTECH
Investment Thesis
Retail investors need guidance before trades, and that ground is open in India.

The Gap

Most retail investors in India act on tips and social media, with few affordable sources of research and guidance.

Details

Founded in 2022

Building India's stock market superapp

Projecting a nine-fold revenue jump by FY27, per VCCircle

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