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Carnelian Asset Advisors

B-1405, One BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra, 400051, India

Overview

Wealth creation and protection through efficient equity investments.

Deals · 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series B

Geographic focus

India

Sector focus

—

Investment portfolio

5rounds
NAMEDATESIZE
FutureCure Health
Jan 2026Led
$12 MSeries B
Studds Accessories
Oct 2025Participated
$15 MOther Equity
Zelio E-Mobility
Sep 2025Participated
$3 MOther Equity
Kimirica
Aug 2025Led
$15 MOther Equity
Course5 Intelligence
Jun 2023Participated
$53 MOther Equity
FutureCure Health
Jan 2026Led
$12 MSeries B
Studds Accessories
Oct 2025Participated
$15 MOther Equity
Zelio E-Mobility
Sep 2025Participated
$3 MOther Equity
Kimirica
Aug 2025Led
$15 MOther Equity
Course5 Intelligence
Jun 2023Participated
$53 MOther Equity
5
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Insights

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Deal Distribution

Carnelian Asset Advisors: 5 funding rounds are recorded in the selected participation categories.All available history.
Carnelian Asset Advisors: 5 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series B10
Other Equity13

Monthly Deal Activity

Carnelian Asset Advisors: 5 deals are recorded across 41 months.All available history.
Carnelian Asset Advisors: 5 deals are recorded across 41 months. All available history
MonthDeals
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '251
Sep '251
Oct '251
Nov '250
Dec '250
Jan '261
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Carnelian Asset Advisors: Manufacturing is the largest displayed sector by deal count (3 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Carnelian Asset Advisors: Manufacturing is the largest displayed sector by deal count (3 deals). All available history
SectorDeals
Manufacturing3
E-Commerce & Retail2
Transportation & Logistics2
Health & Life Sciences1
AI & Machine Learning1
Clean Energy & Sustainability1
Data, Analytics & IT1
Consumer & Lifestyle1

Deal Size Distribution

Carnelian Asset Advisors: 5 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Carnelian Asset Advisors: 5 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M0
$10M-$25M3
$25M-$50M0
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Carnelian Asset Advisors: India has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Carnelian Asset Advisors: India has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
India5
Carnelian Asset Advisors: 16 co-investors are shown, with Edelweiss Discovery sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

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Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Carnelian Asset Advisors: 16 co-investors are shown, with Edelweiss Discovery sharing 1 recorded deals. All available history
Co-investorShared deals
Edelweiss Discovery1
Edelweiss Tokio Life Insurance1
Finavenue Capital Trust1
HDFC Asset Management1
ICICI Prudential Mutual Fund1
India Max Investment Fund Limited1
ITI Mutual Fund1
Kedaara Capital1
Nippon India Mutual Fund1
Nuvama Asset Management1
Pinebridge Global Funds1
Rajasthan Global Securities1
Sanshi Fund-11
SB Opportunity Fund1
Sunrise Investment Trust1
Viney Growth Fund1

Investment Strategy

Carnelian Asset Advisors: Led accounts for 40% and participating for 60% of round participation.All available history.
Carnelian Asset Advisors: Led accounts for 40% and participating for 60% of round participation. All available history
CategoryDeals (count)Share (%)
Led240%
Participating360%
Carnelian Asset Advisors: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Carnelian Asset Advisors: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead2100%
Co-led00%

Team

No team members found for this fund.