Participated · Seed · Jul 2026

Operon develops software to digitalize operational workflows, asset management, and processes used in manufacturing and process industries. It targets bringing the rigorous SOPs, quality systems, and engineering processes of large enterprises—such as MOC, PHA, HAZOP, QMS, CAPA, and engineering change management—to smaller plants. The founder has experience at SHL and is pausing university studies to focus on the company full time. Operon is part of Y Combinator’s S26 batch. No revenue, user, or other operating metrics were disclosed in the article.

Led · Series B · Jul 2026

Founded in 2021 and headquartered in Gurugram by Pratik Tiwari and Subin Mitra, Groyyo operates an AI-driven platform that digitises the entire apparel production cycle from design and costing to production tracking, quality checks and logistics. The company also offers a factory operating software that enables manufacturers to manage production, inventory and finance while giving brands real-time visibility into the manufacturing process. Groyyo reports a supplier network of more than 470 manufacturers and serves over 45 international brands across 10 countries. Recent financing activity includes a $40 million Series A in June 2022 (debt and equity) and $5.4 million in debt in January 2024; it has just closed Rs 90 crore in the first tranche of a Rs 200 crore Series B. The company plans to use new capital to expand its manufacturing network, scale its AI infrastructure and strengthen its technology platform, and to grow its presence in North America, Europe and the Middle East. Management is targeting an annualised revenue run rate of Rs 500 crore in FY26 and aims to hit Rs 3,000 crore in revenue over the next three years while improving profitability.

Led · Series A · Apr 2026

Founded in 2024 by Aditya Gupta, Sandeep Ghule, Anand Kapadia, and Manish Sinha, Novio issues RuPay credit cards backed by user fixed deposits. Users can open a fixed deposit through the app and receive a credit card within hours without income proof or credit checks, while the deposit continues to earn interest. Cards can be linked to UPI for payments and offer features such as rewards, travel benefits, and real-time redemption. Novio partners with banks including SBM Bank and DCB Bank to issue its cards. The company says it has crossed 1 lakh active cardholders within a year of launch and plans to issue 50 lakh cards over the next three years. It intends to use recent funding to expand distribution in tier II–V markets, strengthen bank partnerships, and build out UPI and AI-led credit advisory features.

Led · Series A · Mar 2026

Founded in 2020 by Aditya Gupta, Sandeep Ghule, and Anand Kapadia, Credilio is a Mumbai-based fintech platform that facilitates connections between financial advisors, lenders, and consumers for credit card and loan distribution. The company reported flat revenue of Rs 79.79 crore in FY25 versus Rs 79.67 crore in FY24, while losses narrowed slightly to Rs 19.35 crore in FY25. Credilio has raised multiple rounds, including a pre-Series A of about $4 million from Cornerstone Venture Partners Fund, Exfinity Venture Partners, and Mukul Agarwal. The latest Series A was structured via CCCPS and values the business at about Rs 330 crore post-money. Management intends to deploy proceeds toward growth, geographic or product expansion, and general corporate purposes. The founders retain significant stakes alongside Cornerstone Ventures and Ashra Private Equity Fund as institutional investors.

Led · Series A · Jan 2026

Founded in 2023 in Gurugram, India, Nitro Commerce provides a unified, AI-powered marketing automation suite tailored to e-commerce and direct-to-consumer merchants. Its product family includes NitroX for storefront management, Nitro Ads for advertising, Nitro SSO for single sign-on, Nitro Rewards for customer incentives, Nitro Capital for financial tools, and Nitro Recover for cart abandonment solutions. By combining these modules, the platform streamlines digital commerce operations ranging from customer acquisition to retention. The startup emphasizes advanced AI and emerging agentic capabilities to optimize campaign performance and personalize shopper journeys. With fresh capital, Nitro Commerce plans to accelerate platform-led growth, bolster its AI features, hire additional staff, and expand internationally. The company did not disclose revenue or user metrics in the announcement.