Led · Series A · Jan 2024

Glamplus offers a SaaS solution for salons, spas, and beauty chains to optimize operations and manage staff, appointments, and revenue. The platform also supplies beauty products, professionals, and personal-care items both online and offline to chain spas. It aims to digitize informal-economy gyms, salons, and spas to improve operational efficiency. The company was founded in 2020 and is based in Bengaluru, India. Glamplus combines software tools with marketplace supply functions to serve B2B customers in the beauty sector. It plans to use new funding to expand B2B presence in tier I and tier II Indian cities and to pursue international market ventures. Glamplus offers an AI-based salon and spa platform combining a CRM for customer management, an ERP for staff and inventory, and a B2B marketplace layered on its SaaS product. The platform supports appointment scheduling, digital invoicing, bulk SMS/WhatsApp promotions, loyalty schemes, stylist efficiency tracking and inventory management. Glamplus aims to premiumize salon offerings via B2B2C interactions and a curated beauty order marketplace on its SaaS platform. The company says it has scaled to 4,000 paying partners in less than eight months across six cities (Bengaluru, Delhi, Kolkata, Ahmedabad, Nagpur and Pune) and reports strong retention and unit economics. Management plans to expand tech capabilities and grow its B2B marketplace, targeting 10,000 B2B partners and monthly revenue of Rs 5 crore by March 2022. Founders Vatsalya Agarwal, Divyanshu Singh and Rohan Singh launched the company in July 2020 to address the fragmented SMB salon market. Glamplus, founded in July 2020 and Bengaluru-based, offers an experience-driven CRM platform for salons and related partners that manages appointments, staff management, suppliers and provides analytical reports on customer visit patterns. The product targets repeat engagement through a simple dashboard and analytics to help businesses elevate customer experience. The startup says it scaled to 500 paying partners in under three months across Bengaluru, Delhi and Pune and aims to grow to 3,000 partners in the next six months. Glamplus plans vertical expansion of its business lines and will use new funding to enhance product and technology capabilities and support business expansion. Management has set a longer-term target to capture a substantial share of a large and growing salon market over the next 2–3 years.

Participated · Equity · Feb 2022

Life & Pursuits is an Ayurveda beauty and wellness brand that combines ancient Ayurvedic formulations with modern scientific quality standards. Founded in 2016 by Mudit Consul and Aditi Consul, with co-founders Manshu Aneja and Mani Agrawal, the company sells a range of organic hair, skin, baby and aromatherapy products. Its products and ingredients carry certifications including USDA Organic, NATRUE and India Organic. The company says it is experiencing increasing global demand and high repeat transactions. With the new funding, Life & Pursuits plans to grow its product range and enhance its global footprint by launching D2C operations in the US, UK and EU, while investing in building trust and authenticity to become a market leader in organic Ayurveda beauty and wellness. The company raised $500K (around Rs 3.75 crore) in angel funding to support these initiatives.

Participated · Equity · Jan 2022

Bolo Live is a social live-streaming platform that focuses on creator monetization through microtransactions, gamification and communities. The company claims more than one lakh content creators monetising on the platform and an 80% creator retention rate, and reports a more than threefold increase in net revenue over the last six months. The product emphasizes gamification and community features to drive high stickiness. The company plans to use fresh capital to accelerate product development, expand penetration in India and South Asia, and strengthen its team. Bolo Live says it will continue to innovate new monetisation opportunities for its content creators and scale its microtransactions-driven creator-economy model.

Led · Series A · Dec 2019

Awign, founded in 2016 and based in Bengaluru, provides outcome-based execution, payroll management, and deployment services. The company serves a wide client base, from Fortune 500 companies to startups. It has 201–500 employees and has raised $44.3M to date. In 2024 Awign secured $24.5M in a Series C from Mynavi Corporation, which acquired a 73% stake. The Series C proceeds are earmarked for working capital, improving operational efficiency, and funding expansion. Previously, in 2022 Awign raised $15M in a Series B led by Bertelsmann India Investments and Amicus Capital Partners, with additional support from Mynavi. Awign Enterprises operates a work-fulfillment platform dedicated to the gig workforce, matching contractual talent with enterprise needs across nine hyperlocal and digital service lines. Its service lines include auditing, diligence, proctoring, content and data operations, invigilation, last-mile delivery, new business development, telecalling and end-to-end management of high-skilled niche contractual profiles. The company serves enterprises across more than 500 cities in India. Founded in 2016 by IIT alumni Annanya Sarthak, Gurpreet Singh and Praveen Sah, Awign focuses on scaling digital and hyperlocal labor solutions. Following its latest financing, the company plans to enhance technological capabilities, expand its digital services into global markets and bolster supply- and demand-side acquisitions. The article reports a $15M Series B raise to support these strategic priorities. Awign Enterprises operates a work-fulfilment platform that connects businesses to a trained gig workforce. The company reports a registered workforce of 6.5 lakh gig workers across 450 cities and says it has completed over 50 lakh on-the-ground tasks. Awign bills clients based on successful outcomes rather than hours and serves 100+ clients including Swiggy, ITC, Bigbasket, Britannia, and Aditya Birla Capital. Its client base spans FMCG, BFSI, ecommerce, fintech, edtech, assessments, and logistics. Founded in 2016 by IIT alumni Annanya Sarthak, Gurpreet Singh, and Praveen Sah and based in Bengaluru, Awign says it provides work and skilling opportunities to students, graduates, and women returning to work. The company will use the fresh funding for working capital requirements and business expansion. Awign operates a technology-enabled work-fulfilment platform and workforce-facing app that matches and manages gig workers to execute ground-level tasks for enterprises across sectors such as FMCG, CPG, retail, BFSI, telecom, ecommerce and mobility. The platform bills customers for outcomes rather than man-hours and supports enterprise-facing workflows for auditing, diligence and new business development. The company says it has over half a million gig workers on the platform and has fulfilled more than three million micro-jobs across 200 cities in India, serving clients including Swiggy, OYO, Accenture, BCG, Raymond, Wipro and Udaan. Awign plans to use the new investment to strengthen its workforce app and enterprise platform, develop sales and marketing channels, pursue strategic acquisitions and target 10x growth in the next financial year. Founded in 2016 by IIT alumni Annanya Sarthak, Gurpreet Singh and Praveen Sah, the company is Bengaluru-based and recently completed a Series A funding round. Awign, founded in 2016 by IIT Ropar alumni including Sarthak, Gurpreet Singh and Praveen Sah, offers a platform for companies to outsource business functions to a distributed, time-bound workforce drawn largely from student communities. The company converts location-dependent tasks into project-based internship programs for UG/PG students and supplies manpower on demand for tasks such as e-KYC, merchant onboarding, customer acquisition, audits and data gathering. It is operational in 130 cities across India and serves clients in e-commerce, IT, banking, consumer food products and logistics, including Paytm, Treebo Hotels, Oyo, Quikr and Kotak. Awign competes with other outsourcing and third-party payroll providers such as The Testament. The startup plans to use new funding to improve productivity, scale outreach, engage more corporates and students, and expand operations to additional locations. Financially, the company has previously raised about Rs 90 lakh from a clutch of angel investors in August 2017 and has now received a new institutional investment.

Participated · Seed · Sep 2018

Owned and operated by Matelabs Innovations Private Limited, Mate Labs has built Mateverse, a fully automated machine learning platform that lets data scientists and analysts build tailored machine learning and deep learning models without writing code. The startup was founded by NIT Bhopal graduates Rahul Vishwakarma and Kailash Ahirwar. Mate Labs is developing small, medium and big-enterprise pipelines targeting banking, financial services and insurance (BFSI) and retail sectors. The company was helped by Zeroth, a Hong Kong-based AI and ML accelerator. Financially, Mate Labs completed a seed funding round of $550,000 (Rs 4 crore) led by Omphalos Ventures. The product and go-to-market focus aim to open machine learning to non-developers and business decision-makers who lack dedicated data science teams.