Led · Equity · Oct 2025

One Prastha focuses on plotted and township developments, with its flagship project spanning roughly 57 acres in Sonipat. The company positions the development as a premium, sustainable community distinguished by extensive club amenities and significant pre-launch work. Management believes Sonipat is a high-potential Tier-II market, benefiting from new infrastructure such as the Urban Extension Road and Rapid Transport Rail that improve connectivity to Delhi and the airport. Co-founders Somesh Mittal and Aditya Goel state that the firm intends to expand the scope of the township by acquiring additional land and enhancing infrastructure. The recent funding provides growth capital to ensure timely project delivery while scaling the community’s size and offerings. Financially, One Prastha has secured ₹80 crore to advance these plans, but no additional revenue, user, or prior funding metrics were disclosed.

Participated · Seed · Aug 2025

Launched in 2022 and headquartered in Mumbai, Phab develops high-protein, calorie-efficient snacks including protein milkshakes, energy bars, and other protein-powered snacks. The brand reports a 50% offline footprint across modern trade and general trade, and a growing dark store presence on quick commerce across tier II and III cities. Phab says its market share is steadily increasing across platforms and it competes with brands such as Super You, Max, Whole Truth, and Yoga Bar. The company raised $2 million in a seed round in April last year and has now secured $4 million in a pre-Series A to support brand building, geographic expansion, and team strengthening. The raise is positioned to scale distribution and marketing as Phab expands its retail and quick-commerce presence.

Participated · Equity · Aug 2025

Parth Electricals & Engineering manufactures electrical components including RMUs and compact substations and operates a unit in Vadodara, Gujarat. The company says production rose from 900 RMUs two years ago to about 3,000 annually, and it currently makes roughly 100 compact substations per year. Parth has an order book of ₹140 crore, including a recent ₹48 crore contract from Waaree Energies for a 6.5 GW solar project. It reported FY2024–25 revenue from operations of ₹174.67 crore and a net profit of ₹10.11 crore. Parth plans significant expansion, investing ₹40 crore to build a GIS facility in Vadodara and a new plant in Khurda, Odisha, and intends to raise headcount from 250 to 550. Planned uses of its imminent IPO proceeds include ₹20 crore for the GIS facility, ₹19 crore for the Odisha plant, ₹15 crore to repay debt, with the balance for general corporate purposes.

Participated · Seed · Aug 2023

Vegapay offers a lending tech stack and a card management platform that helps banks, NBFCs and fintechs launch and manage configurable card and credit-based products quickly. Its platform supports credit, debit, prepaid, and forex cards as well as credit-on-UPI-based solutions. The company also provides Loan Origination Systems (LOS), Co-lended Loan Management Systems (Co-LMS), and Loan Collection Systems (LCS). Vegapay targets speed, scale, and innovation to help clients deliver financial services. Following its seed raise, the company plans to hire developers, designers, and engineers and to enhance its product suite. It is also focusing on product development and regulatory compliance updates. Vegapay is building a tech stack and card management system that enables regulated entities as well as fintechs to issue cards and lending products in India. The company is developing a microservice-driven issuance stack intended to let issuers integrate and launch lending products tailored to different consumer cohorts. Co-founded in October 2022 by Gaurav Mittal (Ex-Zeta), Himanshu Agrawal (Ex-Amazon), Puneet Sharma (Ex-BharatPe) and Abhinav Garg (Ex-Podeum), Vegapay is based in Gurgaon. The startup raised $1.1M in pre-seed funding to support product and technology development. Vegapay intends to use the funds to further develop its technology to make frontline adoption easier for both institutions and non-institutions. The product roadmap is focused on increasing card and lending penetration across consumer segments in India.

Participated · Equity · Sep 2022

StayVista (earlier Vista Rooms) operates a curated portfolio of 500+ luxury villas across 50+ destinations. Founded in 2015, the company employs over 300 people and has hosted more than 300,000 guests. Management says it doubled revenue during the pandemic driven by high repeat bookings and referrals. The firm positions itself as a category leader in luxury villa getaways and aims to become a trusted 'home away from home' for Indian travelers. StayVista intends to use the fresh capital to expand its footprint, build the team, strengthen its brand, and develop its technology infrastructure. Investors highlighted the company's capital-efficient growth, market leadership, and healthy operating margins in certain markets. Vista Rooms operates as a full-stack hospitality brand that manages holiday homes and villas, serving both property owners and travelers. The company takes over property maintenance and guest service for supply-side owners while marketing locations to demand-side travelers. It was set up in 2015 by Pranav Maheshwari, Ankita Sheth and Amit Damani and is operated by Stay Vista Pvt. Ltd. The startup has raised Rs 10 crore (about $1.37 million) in the latest funding round. Vista Rooms will use the capital to launch new locations under its management, build out its team, enhance its technological infrastructure, and increase brand awareness. The company cited a secular shift in traveler behavior toward homestays, driven by WFH and online schooling, as a growth tailwind.