Led · Series C · Aug 2026

River designs and sells electric two-wheelers, with its core model the River Indie priced between ₹1 lakh and ₹1.5 lakh. The company delivered about 3,000 EVs monthly in the last fiscal year and ranked seventh among manufacturers in April. River has experienced rapid revenue growth—projected FY26 revenue nearing ₹500 crore—but remains loss-making, with reported losses of ₹196 crore in FY25. Its growth plan includes launching at least one new EV model annually beginning fiscal 2027, expanding retail presence from roughly 40 stores to over 350 by March 2028, and building a new manufacturing plant. River has also manufactured the Yamaha EC-06 in Karnataka, indicating potential manufacturing partnerships. The company faces strong competition from established incumbents with deeper service networks and brand recognition, and will require significant capital and operational execution to reach profitability.

Led · Series A · Jul 2026

Dovetail Capital is an independent asset servicing firm founded in 2017 that offers third-party fund management (TPFM), fund administration, derivative clearing, investment advisory, and compliance services. Its clients include foreign portfolio investors, alternative investment funds, family offices, insurers, mutual funds, and algorithmic funds. The firm is headquartered in Mumbai, operates in GIFT City, and maintains regulated entities in Mauritius, Dubai (DIFC), and Singapore. It is regulated by the International Financial Services Centres Authority (IFSCA), the Securities and Exchange Board of India (SEBI), and the Dubai Financial Services Authority (DFSA). Dovetail raised Rs 100 crore in a Series A mix of primary and secondary funding led by Elev8 Venture Partners and said it will use proceeds to expand its global business. Elev8 Venture Partners was founded in 2022 by Navin Honagudi and focuses on growth-stage investments across sectors including fintech, consumer, SaaS, mobility, and enterprise technology.

Led · Series D · Mar 2026

Fullife Healthcare operates consumer health and wellness brands across active nutrition, women’s wellness, hydration, metabolic health, sports nutrition, and beauty wellness. Its key brands include Fast&Up (active nutrition, protein, workout supplements, immunity boosters), Chicnutrix (women’s wellness, launched in 2019), and NightOut, with a combined portfolio of more than 100 SKUs. Sales from these branded products were the company's sole source of revenue in the last fiscal year, and its products are available in more than 40 countries. Fullife reported operating revenue growth of 36.4% year-on-year to Rs 256.04 crore in FY25 from Rs 187.64 crore in FY24, while losses narrowed to Rs 13.42 crore from Rs 30.16 crore. The company plans to deepen distribution, expand retail presence and online access, scale manufacturing, and pursue international market expansion in the UK, GCC, and the US.

Participated · Series F · Feb 2026

Founded in 2011, IDfy offers an integrated TrustStack platform that enables enterprises to handle identity verification, fraud detection, and privacy compliance in a single workflow. The company serves more than 500 enterprise clients across over 10 sectors and processes in excess of 500 million verification checks each year. IDfy’s operations span seven countries, including India, markets in Southeast Asia, and the Middle East. With the accelerating adoption of digital transactions and new regulations like India’s Digital Personal Data Protection Act, demand for its services continues to grow. The firm posted operating revenue of ₹186 crore in FY25, up from ₹145 crore in FY24, and recorded a ₹1.6 crore net profit after a prior fiscal loss. Proceeds from its latest funding will support strategic acquisitions, international expansion, and further product development, positioning the company for continued growth in the global regtech arena.

Participated · Series B · Nov 2025

Founded in 2017 by Nalin Agrawal, Anil Gelra, and Abhineet Sawa, Snapmint offers an EMI-on-UPI solution that lets consumers pay for electronics, fashion, travel, home, and lifestyle purchases in installments. The platform currently serves 7 million monthly active users across 23,000 Indian pincodes and finances more than 1.5 million transactions each month. Snapmint reported revenue of INR 158.5 crore for the fiscal year ending March 2025, up 80 percent year on year, and achieved profitability with a net profit of INR 15 crore. The company plans to use new capital to expand its EMI-on-UPI product and deepen its merchant network across India. Looking ahead, management aims to reach over 100 million consumers. Competitors include ZestMoney, LazyPay, Axio, Simpl, and CRED. To date, Snapmint has raised roughly USD 140 million in equity and debt financing.