Participated · Seed · Jun 2023

Togai provides a no-code metering and pricing platform for B2B companies that integrates with CPQ, CRM, billing, usage analytics, and revenue-recognition tools. Its solution lets businesses communicate, implement, and analyze pricing changes without engineering effort. Togai launched its product in beta in April 2023 and has customers across developer tools, fintech, and conversational AI verticals. Its no-code usage metering solution (metering.ai) earned 2nd place Product of the Day on Product Hunt and has over 300 users automating metered billing. The company’s monetization marketplace is in beta and hosts more than 10 apps and integrations to help visualize flows and pinpoint quote-to-cash leakage. Togai plans to use the new funding to expand operations and broaden its business reach.

Participated · Seed · Oct 2022

Mason offers a no-code, plug-and-play commerce engine designed to let brands run D2C storefronts without a large engineering team. The platform charges 1% of customers' total sales, positioned as a lower-cost alternative to marketplace fees such as Amazon's ~30% cut. Founded in 2020 by Barada Sahu and Kausambi Manjita, Mason says it has more than 1,000 customers and powers over 8,000 brands worldwide, with North America among its strongest markets. The company reports product performance improvements including a 23% increase in average order value in 30 days, 17% longer session time, and 35% higher sell-through in 60 days. In addition to its flagship platform, Mason offers a Shopify plugin called ModeMagic to serve brands using Shopify as a backend. The startup plans to expand marketing, sales, customer success and partnerships teams and create more content to help entrepreneurs learn about e-commerce challenges.

Participated · Equity · Apr 2022

SpyneAI, founded in 2023 and based in New Delhi, offers AI-driven visual merchandising for automotive dealerships, producing studio-quality images, 360-degree spin videos, and automated marketing content. The company is launching a unified AI-powered automotive retail solution that leverages GenAI and Agentic AI to help dealerships source, price, and sell vehicles more efficiently. SpyneAI serves more than 1,500 dealer rooftops in the U.S. and plans to onboard over 20,000 rooftops in the coming years. Led by CEO Sanjay Varnwal, the startup aims to expand its U.S. presence and product innovation using the recent funding. The company intends to use the capital to accelerate U.S. expansion and further develop its GenAI-driven automotive retail suite. Spyne (Eventila Technologies Pvt Ltd) is a Gurugram-based deeptech company that builds AI-driven tools to create high-quality product images and videos at scale. Its platform claims to deliver fully automatic, industry-first AI image processing that can produce studio-finish images up to 500x faster, and it serves more than 80 customers across 15 countries, including Amazon India, Flipkart and OLACars. Founded in 2018 by Sanjay Kumar and Deepti Prasad, the company recently launched a self-serve product, Spyne AI Cars, for the automotive industry and plans to replicate the model for ecommerce and food. Spyne raised $7.0M in April 2022 in a funding round led by Accel with participation from Storm Ventures, Smile Group, Pentathlon Ventures, Core91 and other founders/CXOs. The fresh capital will be used to hire talent, support global expansion including entry into the US market, and establish a computer vision lab for deeper R&D. The company also intends to expand its technology into AR/VR to build products for the Metaverse and Omniverse.

Participated · Seed · Dec 2021

Dista is an AI-enabled location intelligence platform that offers solutions to power mobility and field operations, including field service management, shared mobility, field sales, last-mile delivery, logistics, cab-hailing, ridesharing/shuttle software, and location analytics. Its cloud platform, powered by Google Maps and Google Cloud, includes features such as locators, grid definition and management, dashboards, scheduling algorithms, route optimization, and asset tracking. The platform is used by more than 43,000 users globally to optimize mobile operations and field interactions. Dista said it will use funds to achieve scale and market expansion, build its brand, and strengthen product lines through R&D and enhanced user experience. The company operates as Dista Technology Pvt. Ltd. and is based in Pune and Delaware (US).

Participated · Seed · Jan 2021

KiWi, developed by Lausanne-based eBOP SA, is a digital platform that turns any smartphone into an affordable cash register and card-payment terminal for micro-businesses. Beyond basic acceptance of card payments, the app enables merchants to offer additional services such as prepaid mobile phone top-ups, creating incremental revenue opportunities. The solution is already live in Mexico, demonstrating product-market fit in emerging economies where small merchants are largely cash-based. Management plans to expand the service to ten countries and onboard one million merchants by 2020, pursuing a land-and-expand strategy across Latin America and other underserved markets. To finance this growth, KiWi secured a CHF 500 000 FIT Early loan, providing interest-bearing, non-recourse capital to accelerate commercial rollout. Although no revenue or user numbers were disclosed, the company’s stated merchant target underpins a substantial addressable market and a clear scaling roadmap.