Led · Equity · Aug 2026

Founded in 2018 and headquartered in Hyderabad, Tenet Diagnostics operates an integrated diagnostics platform offering radiology, pathology and nuclear medicine services. The company runs over 35 centres across 14 states and offers more than 3,000 super-speciality tests, with presence in states including Bihar, Jharkhand, Karnataka, Maharashtra, Andhra Pradesh, Uttar Pradesh and Telangana. Management has stated plans to deepen its footprint across India and expand access to diagnostics for more communities. The company recently raised $30 million from Tata Capital Healthcare Fund III and Blue Earth Capital, with the investors taking an undisclosed stake in the operating entity, Tenet Medcorp Pvt Ltd. Prior to the round, Tenet had been seeking a valuation of roughly Rs 1,000–1,200 crore.

Led · Debt Financing · Mar 2026

Founded in 2020 by Utham Gowda, Captain Fresh operates a digital operating system that integrates seafood sourcing, processing and distribution to bring greater traceability and efficiency to a traditionally fragmented supply chain. The company markets more than 90 species of seafood—including shrimp, salmon, tuna and lobster—through portfolio brands such as CenSea, Frime, Koral, Senecrus, ChopServe, Ocean Edge and Ocean Garden. Its network spans 650+ suppliers across 35 countries and roughly 1,300 distributor and retailer customers in over 30 markets including the US, Europe, the UAE and India. Captain Fresh has expanded its geographic reach via acquisitions, most recently buying Spanish tuna processor Frime after earlier deals for Poland’s Koral, US-based CenSea and France’s Senecrus. In FY25 the company reported a 2.5× jump in gross merchandise value to Rs 3,421 crore from Rs 1,395 crore in FY24. Over the same period it swung to a net profit of Rs 42 crore from a Rs 229 crore loss. The firm plans to use new capital to scale global distribution and deepen sustainability initiatives across its seafood value chains.

Led · Equity · Oct 2025

Founded in 2022, GrowXCD Finance focuses on extending loans to micro, small and marginal enterprises (MSMEs) as well as salaried individuals outside India’s major metros. The company operates 67 branches across Tamil Nadu, Karnataka, Andhra Pradesh, Telangana and Puducherry, using a mix of physical presence and technology to reach underserved borrowers. Management plans to deploy newly raised capital to enlarge its branch network, bolster its lending portfolio and upgrade its tech stack, funding operations for the next 12–18 months. GrowXCD currently manages assets under management (AUM) of about ₹300 crore and is aiming to grow this figure to ₹500 crore by March 2026. Longer-term, the lender intends to open 40–50 additional branches by March 2027 and enter Madhya Pradesh, Maharashtra and Uttar Pradesh. Key shareholder Lok Capital has invested a cumulative ₹93 crore since first backing the firm in November 2023.

Led · Series B · Jul 2025

GeologicAI combines a suite of sensors with advanced machine learning and High-Resolution Decision Engineering to scan and analyze drill core in real time. Its core scanning technology captures high-resolution data that, when paired with purpose-built AI models and deep domain expertise, gives geologists, minerals strategists and investors faster and more accurate insights. The platform is in use across exploration and development projects on five continents, helping mining leaders improve discovery rates, lower costs, and speed resource decisions. The company announced a $44 million US Dollar Series B to support scaling and technology expansion. Planned uses of the funding include scaling globally, expanding proprietary AI and sensor technologies, and deepening presence in key mining jurisdictions. GeologicAI positions its tools as a way to improve exploration efficiency and reduce environmental impact as demand for critical minerals grows. GeologicAI develops an integrated digital rock analytics platform that combines hardware, software, and advanced machine learning to analyze core samples. Its proprietary core-scanning robot captures high-resolution multi-sensor data and uses machine vision and AI algorithms to convert scans into key rock properties. The platform's cloud-based digital rock viewing and analysis software provides AI-enhanced digital rock twins and automated digital geoscience workflows. This approach reduces the need for costly laboratory testing and subjective manual interpretation. GeologicAI is working with leading mining and exploration companies and is deploying robots globally. The company is accelerating global expansion, with a robot en route to Australia and additional units being prepared for shipment to Finland, Brazil, and Chile. Financially, the company announced an additional US$10M from Export Development Canada as an extension to its Series A, bringing the total round to US$30M. GeologicAI operates field-deployable core-scanning systems that combine multiple sensors (X-rays, spectroscopes, lasers, cameras) with machine learning to process large volumes of drill core on-site. It offers two tech packages: a trailerized system and a lighter airliftable unit for remote mines. The trailer contains a rack of seven servers (each with 10 compute cores) and 192 TB of total storage so all processing can happen in the field; the company aims to return results within 24–48 hours. Scan data remains the property of the miner, while GeologicAI can use derived refinements to update its models. The startup pivoted from oil-and-gas consulting after participating in Creative Destruction Labs and lowered its costs to scale for mining customers. Its service targets faster exploration of battery-relevant minerals such as lithium, nickel, cobalt and manganese. GeologicAI is headquartered in Calgary, Canada, and has moved from consultancy work to a scalable AI-and-hardware offering.

Led · Series B · Apr 2025

Gradyent offers a real-time Digital Twin Platform that creates a digital copy of entire heating and cooling grids, integrating geographical, weather, and sensor data with physics-based models and AI. The platform lets energy providers optimise system performance, increase operational control, simulate future scenarios, and coordinate multiple energy carriers including heating, cooling, electricity and CO₂. Gradyent reports its technology can reduce CO₂ emissions by up to 10%, lower operational costs, and save up to 2% of capital expenditures; an offline analysis helped Helen close a coal plant, cutting Helsinki heat-production emissions by up to 40%. The company partners with leading energy firms across more than 35 European cities, including Veolia, Shell and Helen, and is piloting industrial use cases such as Shell’s steam grid in Rotterdam. Gradyent will use new funding to expand its Digital Twin Platform, grow its team and accelerate global growth to optimise and transform heating and cooling grids worldwide. Financially, the company has just closed a major growth round to support that expansion. Gradyent is a Dutch climate-tech company founded in 2019 in Rotterdam that builds Digital Twin software to help heating companies optimise district heating systems. Its platform creates a digital copy of a physical heat system by combining geographical, weather and sensor data with physical models and AI. The software enables real-time optimisation and simulations of future situations, which the company says saves on average 20% heat loss, 10% CO2 emissions and 5–10% fuel costs. Gradyent aims to increase the efficiency of existing systems and accelerate the transition to more sustainable, integrated energy systems to deliver affordable, reliable heat. The company has brought in €10 million in funding to support those efforts. Eneco, a long-time customer, joined the round alongside existing investors Capricorn Partners, ENERGIIQ and Helen Ventures.