Led · Series B · Jan 2026

Founded in 2015 by Rajneesh and Anita Bhandari, FutureCure Health develops and operates NeuroEquilibrium, an integrated platform that combines proprietary diagnostic hardware, cloud-based remote software and treatment protocols to manage vertigo and dizziness. The company partners with hospitals, ENT clinics and neurology centres to provide non-invasive vestibular diagnostics and targeted therapy. It currently runs more than 300 clinics across India and 16 other countries, having treated over 150,000 patients. FutureCure plans to scale its vertigo offering globally while expanding into other chronic lifestyle conditions such as migraine and diabetes. The firm positions its deep-tech tools as a means to bridge the shortage of specialist doctors worldwide. Recent funding underscores management’s view that globally relevant healthcare technology can be built in India. The business generates revenue from its clinical network and technology deployments, though specific financial figures beyond patient and clinic counts were not disclosed.

Participated · Equity · Oct 2025

Founded in 1975, Studds Accessories designs, manufactures, markets, and sells two-wheeler helmets under its mass-market Studds line and its premium SMK line, alongside ancillary motorcycle gear such as luggage, gloves, rain suits, riding jackets, eyewear, and helmet locks. The company also contract-manufactures helmets for global brands like Jay Squared’s Daytona and O’Neal, distributing these products across Europe, the United States, and Australia. Studds exports to over 70 countries, giving it a broad international footprint in the Americas, Asia, and Europe while maintaining a significant domestic presence in India. Its customer base includes leading motorcycle OEMs such as Hero MotoCorp, Honda Cars India, Suzuki Motorcycle India, Eicher Motors’ Royal Enfield, and India Yamaha Motor, as well as institutional buyers like Central Police Canteens and the Canteen Stores Department. The firm is preparing for a ₹455 crore initial public offering priced between ₹557–585 per share, which implies a valuation of roughly ₹2,300 crore at the top end. Because the IPO is entirely an offer for sale, Studds itself will not receive any primary proceeds. The company recently completed an anchor investor allocation to bolster demand ahead of the listing.

Participated · Equity · Sep 2025

Zelio E-Mobility builds and sells electric two- and three-wheelers aimed at India’s rapidly expanding e-mobility market. The company positions itself as a fast-growing player with a business model that has attracted strong investor confidence. Ahead of a planned SME initial public offering, it secured significant anchor interest, indicating belief in its profitability and growth trajectory. Foreign investors accounted for 30 % of the anchor tranche, underscoring international appetite for India’s EV sector. By allotting shares at ₹136 (₹10 face value plus ₹126 premium), the firm demonstrated its ability to command a premium valuation. The upcoming IPO window is scheduled for 30 September 2025 to 3 October 2025, providing the company with further capital for expansion. Management highlights the anchor round as validation of its market strategy and future growth plans. No operating metrics such as revenue or unit sales were disclosed in the press release.

Led · Equity · Aug 2025

Kimirica is a personal-care and hospitality-products brand selling skincare, bodycare, fine fragrances, luxury gifting, home and wellness products through D2C, ecommerce, quick-commerce and B2B hospitality channels. Founded in 2013 and based in Indore, Madhya Pradesh, the company reports about 80% of revenue comes from online channels and exports to more than 70 countries. It partners with over 10,000 luxury hotels and airlines, including Marriott, Hilton, Hyatt, Accor, Leela and Air India. India currently accounts for roughly 70% of sales while exports contribute 30%; management expects this to shift to 60/40 by the end of the financial year. Kimirica operates about three lakh square feet of manufacturing space and is building a second six-lakh-square-foot integrated manufacturing facility, including a dedicated hotel‑amenities plant that the company says could enable exports and generate up to Rs 2,000 crore in revenue. The company plans offline expansion with more than 10 experiential stores across India and the Middle East and aims to grow revenue from Rs 300 crore in FY25 to Rs 1,000 crore within the next three to four years.

Participated · Equity · Jun 2023

Course5 Intelligence delivers AI-driven products, advanced analytics, and IP-led solutions supported by industry-specific domain experience to help organizations solve customer, market, and supply‑chain challenges. Led by Chairman and CEO Ashwin Mittal, the company combines a multi-disciplinary approach to integrate structured and unstructured data at scale. Its clients span Technology, Media & Telecom (TMT), Pharma & Lifesciences, CPG, Retail, and other sectors. Course5 operates AI Labs to innovate in applied AI areas including deep learning, computer perception, natural language, and Generative AI. The company has absorbed Incivus, an AI-based ad-creation and optimization startup that uses computer vision, computer audition, Generative AI, and NLP to evaluate and predict ad performance. Course5 completed a $53M growth funding second close to support inorganic expansion, add IP and capabilities, and pursue targeted acquisitions over the next 12 months.