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The Venture Codex

Cactus Venture Partners

Unit 2106, One Lodha Place, 21st Floor, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, 400013, India

Overview

Cactus Venture Partners (CVP) is a purpose-driven, early-growth stage venture fund with a particular focus on technology start-ups. Its goal is to help entrepreneurs build sustainable, fulfilling businesses that scale rapidly. The fund works with founders and teams that are motivated by both purpose and financial success. CVP provides portfolio companies with active founder support, business building best practices, and access to its combined network, relationships and talent.

Total investments
11
Lead investments
8
Investments · 12mo
7
Active investors
3
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Investment portfolio

  • Kapture CX

    Participated · Series B · Jul 2026

    Co-founded in 2014 by Sheshgiri Kamath and Vikas Garg and based in Bengaluru, Kapture CX builds a vertically focused, full-stack agentic AI platform combining AI agents, operational intelligence, and human oversight to run complex enterprise operations at scale. The platform is deeply verticalized and the company emphasizes owning and optimizing the full technology stack—from models to the agentic layer and user interface—to simplify AI deployment for enterprises. Kapture CX claims its platform is trusted by over 1,000 enterprises across 18 countries, including customers such as Bajaj Finance and multiple companies within the Tata Group and Reliance Group, and works with consulting firms and hyperscalers as partners. The company competes with established players such as Salesforce, Decagon, and Sierra AI. Following the recent pre-Series B, Kapture plans to expand into multiple global markets and continue investing in R&D and product development.

  • Bellatrix Aerospace

    Led · Series B · Mar 2026

    Bellatrix Aerospace designs and manufactures propulsion systems for satellites. Founded in 2015 and based in Bengaluru with operations in the U.S., the company serves demand from satellite constellations domestically and internationally. Following a $20 million pre-Series B raise led by Cactus Partners, Bellatrix plans to expand manufacturing capacity and increase annual production. Management has emphasized the need to scale manufacturing and delivery to meet rising market demand. The company’s investor base includes both new institutional backers and existing venture investors, reflecting continued external support for its growth.

  • Showroom B2B

    Led · Series A · Feb 2026

    Headquartered in Noida, India, Showroom B2B operates at the intersection of merchandising, manufacturing, and technology to streamline the apparel value chain. Its platform offers an end-to-end, design-to-delivery sourcing model that helps organized retailers, brands, and buying houses execute predictable, large-scale orders with improved transparency and cost efficiency. The company emphasizes quality control, timely execution, and data-driven processes to reduce friction between manufacturers and buyers. With its latest capital infusion, Showroom B2B plans to expand manufacturing capacity and deepen partnerships across large enterprises, SMB retailers, and garment manufacturers. Management aims to leverage technology to enhance supply-chain visibility and operational scalability. Although the company has not publicly disclosed revenue or user metrics, the new funds are intended to accelerate growth and solidify its presence within India’s apparel manufacturing ecosystem.

  • IndiGrid Technology

    Led · Series A · Feb 2026

    Founded in 2015 by Sameer Narang and Rishab Purias, IndiGrid Technology focuses on developing and producing embedded electronic systems for the automotive and consumer-appliance markets. Its product line includes motor controllers, DC-DC converters, regulator rectifiers for two- and three-wheelers, control systems for appliances, and battery pack assemblies for electric vehicles and drones. The company operates a manufacturing plant in Gurugram and recently opened an additional unit in Goa, where it has also acquired land for a larger future facility. Proceeds from its latest funding will be directed toward expanding production capacity, deepening research and development, meeting working-capital needs, and pursuing vertical integration opportunities. Although specific revenue or user metrics were not disclosed, management emphasized that the new capital will accelerate scale-up across its supply chain. IndiGrid positions itself as a key electronics supplier to leading automotive OEMs, aiming to capture the growing demand for EV and smart-appliance components.

  • Brandworks Technologies

    Led · Series A · Nov 2025

    Brandworks Technologies integrates in-house R&D with manufacturing to create electronics products spanning AI hardware, IoT platforms, audio systems, automotive electronics, renewable-energy devices, and power-charging technologies. Founded by Nikita Kumawat and team, the company positions itself as a key contributor to India’s emerging high-tech hardware ecosystem. The firm plans to establish a Design Centre in Taiwan and to enlarge its engineering and operations teams to fuel innovation-led growth. With fresh capital, Brandworks intends to accelerate global expansion, deepen its advanced design capabilities, and strengthen R&D. Its strategy centers on delivering end-to-end design and production services that enable next-generation connected device ecosystems. No revenue or user figures were disclosed in the articles, but the company emphasized scaling its AI and IoT hardware offerings.

Team