Blue Ashva Capital
Level 24, CapitaGreen, 138 Market St, Singapore, Central Region, 048946
Overview
Blue Ashva Capital is an investment Fund that is backing sustainable and long-term profitable businesses which are solving real challenges and building lasting value in core sectors.
- Total investments
- 9
- Lead investments
- 3
- Investments · 12mo
- 2
- Active investors
- 2
Investment portfolio
- Quick Clean
Participated · Series B · Jul 2026
Founded in 2010 by brothers Anshul and Ankur Gupta, Quick Clean operates a build-own-operate model managing on-premise laundry facilities for hospitality and healthcare institutions. The company manages more than 140 on-premise laundry facilities across over 38 cities and processes in excess of 100,000 kilograms of linen daily. Its client roster includes hotels and hospitals such as Marriott, Taj, Hyatt, Radisson, ITC Hotels, AIIMS, Lilavati Hospital and Bombay Hospital. Quick Clean plans to expand its network to more than 500 on-premise laundry facilities over the next five years and intends to enter international markets in Southeast Asia and the Middle East. The company raised Rs 50 crore (about $5.7 million) in a Series A in February last year and subsequently closed a $14 million Series B led by Stakeboat Capital. Proceeds from the Series B are earmarked for Indian expansion, international growth, and investments in AI-led operations, automation and predictive maintenance.
- Entuple
Participated · Series A · Dec 2025
Entuple E-Mobility develops complete electric powertrain systems, including motors and intelligent motor controllers, underpinned by proprietary control algorithms and firmware that are built without external licensing. Its in-house manufacturing facility in Bengaluru currently focuses on hub motor and mid-motor powertrains for two- and three-wheelers. The company plans to expand beyond these segments, using fresh capital to create next-generation high-voltage motors and strengthen power-electronics R&D. Management is also working on new intelligent motor controllers aimed at boosting efficiency, reliability and performance for OEM customers. The recent ₹13 crore pre-Series A infusion brings additional resources to deepen Entuple’s indigenous technology stack and broaden its EV platform coverage. Although no revenue or user figures were disclosed, the raise indicates continued investor confidence, with Blue Ashva Capital returning for this round alongside HNI and family-office backers.
- Stellapps
Participated · Series C · Aug 2025
Stellapps began by building a Digital Access Network (DAN) offering end-to-end digitised supply-chain solutions and has expanded into value-added dairy products under the mooMark brand. The company leverages IoT, advanced analytics and artificial intelligence, and partnerships with financial, insurance, veterinary, and cattle-nutrition providers to create value for small farmers and stakeholders. mooMark uses a tech-powered, low-capex approach for contract manufacturing and private labeling of traceable value-added dairy products, emphasising product traceability and reduced carbon footprints at the farm level. Stellapps' solutions are deployed in over 42,000 villages and digitise the flow of more than 14 million liters of milk every day. Financially, the company has raised over USD 50 million to date, including a recent USD 26 million Series C (equity and debt) and a USD 18 million pre-Series C from Nutreco in October 2021. The company intends to use the new capital to scale mooMark across India, strengthen its export segment, and support FMCG, D2C, and HoReCa customers focused on sustainability and traceability. Stellapps offers Internet-of-Things and digital solutions for the dairy supply chain, including smartMoo technology to enhance productivity, milk quality, and traceability. Its platform enables ecosystem partnerships to give farmers access to financial services, quality nutrition, and veterinary care, while its mooPay arm delivers digital payments, banking, savings, credit, and insurance. The company says it empowers farmers through technology, farm inputs, and market linkages and works with dairy farms, cooperatives, and private dairies across India, Nepal, Kenya, Bulgaria, Russia, and France. Stellapps plans to use the new funding to scale its traceability network and extend its digital footprint. The firm was incubated at the Rural Technology Business Incubator at IIT Madras and has previously received seed funding from Omnivore Partners. Stellapps is an IIT‑Madras incubated dairytech company that provides end-to-end farm optimization and monitoring solutions to dairy farmers and cooperatives. The startup leverages IoT, cloud, mobility, big data and analytics to improve milk production, procurement, cold chain, animal insurance and farmer payments. Its products and mechanization tools aim to maximize farmer profits while minimizing effort across the agri-dairy supply chain. Stellapps was founded by Ranjith Mukundan and Venkatesh Seshasayee and is based in Bengaluru. The company has previously raised a Series A from Blume Ventures and counts Flipkart executive chairman Binny Bansal among its supporters. It is currently raising follow-on capital as part of its Series B activity, indicating an active growth/expansion phase. Stellapps develops a full-stack IoT platform that spans precision farming, milk procurement, cold chain logistics and processing for the dairy sector. Its product suite includes SmartFarms, smartAMCU, ConTrak, AgRupay and MooKare. The company serves dairy clients across India, Nepal, Kenya, Bulgaria, Russia and France. Founded in April 2011 and incubated at the rural technology business incubator in IIT Madras, Stellapps combines hardware (wearables) and software to monitor milk quantity and quality and cattle health. The startup plans to use new capital for product development and geographic and commercial expansion, including wearable devices and cold‑chain infrastructure to help reduce costs for dairy value‑chain participants. Stellapps provides an end-to-end IoT data collection and analytics stack for the dairy supply chain, covering farm wearables, procurement sensors, cold-chain monitoring, payments, and insurance products. Its product suite includes SmartFarms, smartAMCU, ConTrak, AgRupay, and MooKare, and the full stack employs 26 different sensors across the chain. Wearable devices capture animal-specific data, quality sensors measure milk fat at collection sites, and cold-chain sensors monitor storage conditions; records are sent to company headquarters and to farmers via SMS. Stellapps reports having captured over $1 million of transaction data and serves dairy farms, cooperatives, and private dairies. Upfront hardware and platform costs range from $500–$1,500 with cloud service fees of $8–$10 per month, and the company is working with local banks to finance upfront costs. The system is designed for smallholder farms, runs on 2G data speeds, and Stellapps is developing a proprietary antenna to address rural connectivity issues. The company is pursuing international expansion and white‑label partnerships, with use in parts of Nepal and Kenya and plans to white‑label with agricultural retailers in France.
- MatchLog
Participated · Series A · Apr 2024
MatchLog Solutions provides container logistics and supply-chain optimization that triangulates import containers with export requirements to reduce empty container trips and eliminate needless dry runs. Its platform aims to improve carbon efficiency and sustainability in container logistics. The company plans to expand its reach and scale across India to maximize transport logistics and container utilization. MatchLog projects handling roughly 4–5 million containers a year as part of that expansion. The firm claims this scale would cut about 200,000 metric tonnes of carbon emissions annually and eliminate 10 billion km of needless travel worldwide. Raised funds are intended to boost market presence, strengthen strategic alliances, and deepen cooperation within international port and shipping communities.
- Dhruva Space
Participated · Series A · Apr 2024
Dhruva Space is developing a 500 kg-class, modular satellite platform designed for constellation-scale missions and commercial deployment. The company intends to industrialise satellite manufacturing by establishing infrastructure and processes to enable repeatable, production-ready systems and faster integration and deployment cycles. Project objectives include scaling manufacturing to support up to two satellites per day and an annual capacity of 500–600 satellites. Targeted applications for the platform include telecommunications, national security, Earth observation, and data-driven services. Financially, Dhruva Space has secured a ₹105 crore grant from the Research, Development & Innovation Fund to develop and commercialise the architecture and build manufacturing capabilities.