Participated · Series A · Nov 2025

QuickShift provides an integrated fulfillment solution that combines technology, warehousing infrastructure, and logistics services to give brands real-time visibility and control over their inventory and orders. Its platform plugs into major marketplaces and quick-commerce players such as Amazon, Flipkart, Meesho, Blinkit, Zepto, Swiggy, JioMart, and BigBasket, enabling unified online and offline fulfillment. The company currently operates seven fulfillment centers covering 29,000 pincodes and handles about three lakh B2C shipments, seven lakh marketplace orders, and 5,000 quick-commerce replenishments each month. QuickShift claims 100% annual recurring revenue growth between September 2024 and September 2025. It serves more than 100 D2C and enterprise brands and plans to launch new centers in Hyderabad, Chennai, Ahmedabad, Lucknow, and Indore while expanding further in NCR, Mumbai, Bangalore, and Kolkata. The fresh capital will be directed toward enhancing its AI-led platform, scaling geographic coverage in North and South India, bolstering omni-channel programs, and adding leadership talent.

Led · Equity · Dec 2024

AdvantageClub.ai offers a global AI-powered platform for employee engagement, combining rewards & recognition, flexible benefits, surveys, moments that matter, and communities in a single product. The company leverages AI, data mining, and analytics and is developing AI-driven solutions such as Adva to enhance employee experience. It serves over 5 million users across 100+ countries, supports 1,000+ clients, and provides 10,000+ redemption options. Clients mentioned include BCG, Rakbank, Havelock One, Tabreed, and SGM. AdvantageClub.ai plans to expand its product suite with new tools and features and to strengthen its presence in the US and Asia. The company has raised a total of $11 million to date. Advantage Club provides a single app that combines rewards and recognition, perks, financial wellness, and employee engagement initiatives. Founded in 2016 by Sourabh Deorah and Smiti Deorah and incorporated in Delaware, the company is operational in more than 60 countries. It counts customers including Concentrix, Hexaware, EY and Target and is growing at about 20% month-on-month. The company plans to bolster its international presence and hire talent to expand operations globally, targeting Southeast Asia and the Middle East and North Africa markets. Advantage Club recently announced plans to increase headcount to 170 from 70. CEO Sourabh Deorah and COO Smiti Deorah say the company aims to build global products for HR teams to drive higher retention and productivity. Advantage Club is an HRtech startup that helps corporates improve employee engagement by providing perks and recognition. It provides perks and recognition services to employees and employers to boost engagement. The company raised $1 million in a pre-Series A funding round led by GrowX Ventures, with Sprout Venture Partners also participating. Existing investors Axilor Ventures and Mumbai Angels took part in the new round. Advantage Club previously raised $300,000 in 2018 in a round led by Axilor Ventures. Advantage Club operates a tech platform that provides curated employee perks and a recently launched rewards & recognition offering, with premium brands providing exclusive privileges across essential and luxury segments. The company says its platform effectively increases an employee's spending/saving power by 10% and enables brands to target niche corporate clientele without brand dilution. Its app includes features such as wish lists, a 365-day customer helpline and a usage dashboard, and it offers redemption options beyond gift cards and internal portals. Advantage Club claims 6,000+ brands across 12 categories and 200+ corporate customers, including Samsung, Accenture, Fidelity, Tech Mahindra and others. The founders, Sourabh and Smiti Deorah, are UCLA alumni who previously worked at Amazon and Microsoft. The company plans to enhance its rewards and recognition program, build distinguished features and redemption options, and expand its presence across India including stronger focus on tier-2 cities.

Led · Series A · Jun 2024

Alyve Health operates a healthtech platform that covers a wide range of healthcare journeys including doctor consultations, diagnostics, medication purchases, dental procedures, gym memberships, and proactive well‑being. The platform supports integrations with payers (insurers, TPAs), intermediaries (brokers, financial institutions, digital platforms), and providers (clinics, diagnostic centers, fitness studios). It offers customized solutions to groups such as employees, customers, and channel partners and currently serves over 1 million members. The company intends to use new funding for strategic growth initiatives including talent acquisition, platform enhancement, operational expansion, service amplification, and increased member engagement. Alyve was founded in May 2020 by Shashank Avadhani, Sushant Roy, and Vineet Mehta. Recent financings include a Series A and venture debt to support its expansion.

Participated · Seed · May 2024

Founded in 2024, Bengaluru-based Knit delivers a unified application programming interface that aggregates and normalizes data from disparate SaaS applications. The platform supports real-time integrations for HRIS, ATS, CRM, payroll, compliance and verification, expense management, and accounting systems, giving customers a single point of connectivity. Knit’s value proposition is to reduce integration complexity for developers and accelerate time-to-market for enterprise software products. With its newly raised capital, the company intends to deepen its product stack and embed generative AI capabilities to enhance functionality and user experience. While specific revenue or user metrics were not disclosed, the company’s focus on SaaS data integrations positions it within a growing market for developer-friendly infrastructure solutions.

Participated · Series A · Feb 2024

Metalbook operates a full-stack platform for the metal supply chain, offering services such as credit, logistics, inventory liquidation, and procurement to businesses including SMEs. The company says it works across 16 countries with more than 500 suppliers, dealers, and manufacturers, including ArcelorMittal Nippon Steel, Tata Steel, and JSW. Metalbook was founded in 2021 and is headquartered in Delhi. It completed a $15 million Series A in February 2024 led by Rigel Capital and had earlier raised a $5 million seed round led by Axilor. In FY22 the company reported operating revenue of Rs 85.39 crore and losses of Rs 25.90 crore. Metalbook stated an aim to reach an annualized revenue run rate of $200 million by the end of FY24. Metalbook is an India-based B2B platform focused on the global metal supply chain, connecting a network of metal suppliers and buyers. It offers a full-stack digital supply-chain solution covering manufacturing and procurement of metal, including financing, logistics, scrap recycling, customization, and buying and selling. The company has expanded its product categories to include copper, aluminium, and metal scrap. Metalbook said it is profitable and currently serves more than 1,000 clients across 450 markets. The startup aims to reach an annualized revenue run rate of $200 million by the end of the 2024 fiscal year. Leadership has expressed plans to consider an IPO in four to five years once there is sufficient market track record for investors. Metalbook is a full-stack digital supply-chain platform that connects a global network of metal suppliers and consumers, offering procurement, fabrication, and customization for finished and semi-finished metal goods. The platform facilitates transactions, smart matchmaking, automation of manual tasks, and provides traceability while aiming for competitive pricing and on-time delivery. Today the company focuses on steel and plans to add other metal categories such as aluminum and zinc. Metalbook generated annualized revenue of more than INR 100 Cr in fiscal 2021-22 and targets an annualized run rate of over $100 million by fiscal 2024. The startup intends to use new funding to expand its geographical footprint, strengthen its network of processing centers, grow its workforce, and further develop its platform. The company was founded in 2021 and operates as Mbook Technology Private Limited.