The Venture Codex

Led · Equity · Aug 2022

Winuall is a Bengaluru-based online education platform that helps coaching institutes digitize their offerings by providing content, performance-improvement recommendations, and tools for educators to sell courses. Founded in 2019 by Ashwini Purohit and Saurabh Vyas, the platform offers live lectures, a recorded video library, tests and quizzes, an e-commerce store, fee collection, on-app doubt resolution, attendance and batch management, notifications, and event management. The company operates as a social-commerce marketplace enabling tutors to reach larger audiences and monetize their knowledge. In August 2022 Winuall raised Rs 17 crore (about $2 million) to support its growth. The funding will be used to strengthen technological and product capabilities, hire for leadership positions, and expand its marketplace by bringing on more creators, content suppliers, and educators. The company is legally listed as Kuzagan Technologies Private Limited and maintains a website at https://www.winuall.com/. Winuall is an education-technology company that provides technology infrastructure to offline coaching institutions on a subscription model, enabling them to offer study materials, conduct assessments and run live courses. The platform is aimed at helping tutors and coaching institutes go digital while retaining their own brand identity. It reports more than 5,000 tutors currently on its platform and says adoption of live online classes has increased amid the Covid-19 lockdown. Winuall plans to register 20,000 institutions to reach three million students by the end of 2021. The company will use the new funding to build product and hire across technology, product, AI and business growth functions. The move to online learning during the pandemic has driven a surge in sign-ups on edtech platforms, increasing demand for B2B solutions like Winuall.

Led · Equity · Jul 2022

Founded in 2020, GetVantage is a Mumbai-based B2B fintech platform that embeds seamless financing solutions into marketplaces, merchant ecosystems, and B2B ecommerce platforms via a plug-and-play API. The company underwrites businesses using alternate data and predictive analytics, focusing on actual cash flows to provide growth capital without equity dilution or heavy collateral. It targets India's estimated Rs 30 lakh crore MSME credit gap and partners with platforms, marketplaces, and logistics hubs to offer embedded financing to merchants. GetVantage has built committed funding capacity of over Rs 700 crore and is backed by investors including Chiratae Ventures, Varanium Fintech Fund, Sony Fund, InCred, and industry veterans. In 2024 it launched the Rs 100 crore Rise Up Fund for women entrepreneurs and the SaaS Accelerator Fund II to support B2B SaaS businesses. The company plans to scale its capital gateway, accelerate its AI-native capabilities, and announce strategic seller financing partnerships to expand its embedded finance footprint.

Participated · Series A · Aug 2021

SuperGaming is an Indian game development studio best known for titles such as Indus Battle Royale and Silly Royale, and for producing award-winning mobile experiences. The company develops proprietary technology including the Indus Engine and SuperPlatform, a cloud-based SaaS built in partnership with Google Cloud to power hyperscale, real-time multiplayer games for lower-end devices in emerging markets. SuperGaming has pursued Web3 integration through projects like Tower Conquest: Metaverse Edition on Polygon and a Layer-3 Superchain partnership with B3 GameChain on Base to enable asset continuity and interoperable progression. The new capital will be used to expand Indus internationally (starting with Latin America in partnership with LOUD.GG), scale game development capabilities, hire top-tier talent, create new original IP, and deepen publisher partnerships. Financially, the company closed a $15M Series B following a $5.5M Series A in October 2021, with returning backers reaffirming support. SuperGaming highlights strong market validation—Indus won Google Play's "Best Made in India" award for 2024—and positions SuperPlatform as the primary focus for global expansion and developer-facing monetization and live-ops tools. SuperGaming is a Pune-based game developer that builds and publishes mobile and multiplayer titles. It has developed its own game engine for running hyper-scale, real-time multiplayer games and holds the official PAC-MAN mobile game. Its catalogue includes MaskGun (which crossed 50 million installs), Devil Amongst Us (10 million installs within four months), and Tower Conquest. The company also offers Bored, a suite of games for remote teams used in over 2,500 Slack workspaces across the US, UK, Europe and India. SuperGaming raised $5.5M in a Series A and plans to use the proceeds to expand talent by 60%, build a publishing division and market existing titles. It intends to launch a battle royale, Indus, in early 2022. SuperGaming is building a social platform that serves as a party hub for casual gamers, offering a genre of casual, social and party games. The product targets a broader audience than hard-core titles, aiming for games played by a much larger and diverse audience. The company plans to use the newly raised capital to launch its social platform and to enter international markets within the next year. SuperGaming raised $1.3 million in a seed round to fund these efforts. Founders are Roby John (co-founder and chief executive), Navneet Waraich (director of technology), and Sanket Nadhani; John previously co-founded and led Pune-based June Gaming. The article cites a KPMG and Google study projecting India’s online gaming market to grow to $1 billion by 2021 from $290 million in 2017, highlighting the opportunity SuperGaming targets.

Participated · Series B · May 2021

Koo is an Indian microblogging platform positioned as a homegrown alternative to Twitter. The article identifies the company primarily by its microblogging product and market positioning. Koo has raised funding to support its growth, most recently a $30 million Series B. The round was led by Tiger Global with participation from existing investors Accel Partners, Kalaari Capital, Blume Ventures, and Dream Incubator. The article does not disclose the company’s valuation, prior rounds, operating metrics, or specific use of proceeds. No founding year or additional financial details were provided in the article. Koo is a microblogging app focused on amplifying daily voices in Indian languages. The company raised $4.1 million in a Series A round. Participating investors include 3one4 Capital, Accel Partners, Kalaari Capital, Blume Ventures and Dream Incubator. Koo said the funding will be used to ramp up capabilities to solve uniquely Indian engineering challenges and for marketing to increase awareness about the app. CEO Aprameya Radhakrishna said existing microblogging platforms have not been able to grow beyond the English-speaking population and that Koo enables free expression for every Indian irrespective of language preference. The raise was announced on February 4, 2021.

Participated · Series B · Mar 2020

Founded in 2014 by interventional cardiologist Dr. Charit Bhograj, Tricog Health builds multimodal AI models that interpret ECG and ultrasound signals to detect up to 140 cardiac conditions in real time. Its flagship solutions—InstaECG™, InstaEcho™, and the Keebo™ cardiovascular AI platform—are integrated into 12,500+ clinics and hospitals across more than 12 countries in Asia and Africa. To date, the company has screened over 31 million patients and identified about 1 million critical cardiac cases, making it one of the world’s most widely used cardiovascular AI systems. Tricog pairs its AI analytics with a team of more than 100 in-house clinical specialists to streamline diagnosis and activate standardized care pathways from hospital to home. The firm is collaborating with global device makers, including OMRON Healthcare, to expand remote monitoring and guideline-directed therapy optimization. Its stated goal is to make quality heart care accessible to 100 million people by 2030. No revenue or profitability figures were disclosed in the article.