• Monnai

  Participated · Series A · Mar 2023

  Founded in August 2021, Monnai offers an ultra-low-latency data platform that aggregates hundreds of hard-to-access datasets to generate real-time identity, fraud, and credit risk signals. The system delivers decisioning latency of under 500 milliseconds, includes built-in back-testing and observability tools, and is already live across four continents. Customers process tens of millions of transactions each month through the platform and have achieved net revenue retention approaching 200 percent, with many realizing 8–10× returns on their initial investment. Internal results show the company achieved fivefold revenue growth over the past year and expects to be operating profitably in 2025. With the new funding, Monnai plans to expand data coverage in Europe and Latin America, improve response times, and hire across engineering, data, and go-to-market teams over the next 12–18 months. The company positions itself as the default data foundation for AI-driven risk decisioning worldwide.

• TartanHQ

  Participated · Series A · Aug 2022

  Tartan is an India-based SaaS startup offering an employee consent-driven data exchange and single-API platform for real-time work and income verification. Founded in 2021, the platform supports verification for employees, salaried workers, gig workers, and creators and enables employers to provision perks like loans, credit cards, and rewards in a single click. The company launched Batik, an employee benefits marketplace that lets employers and HR software providers offer earned wage access, salary-linked loans, credit card limit management, and emergency funds. In Aug 2022 Tartan raised $4.5M in a pre-Series A round. The startup plans to use the proceeds to improve operations, build its in-house engineering and product capabilities, and hire new talent. No operating metrics such as revenue or user counts were disclosed in the article.

• GramCover

  Participated · Series A · Oct 2021

  GramCover provides insurance products for farmers and rural households using an online-to-offline distribution model centered on trained local agents (POSPs) who sell policies and process payouts via smartphones. Its core offerings include crop, livestock, motor, and health insurance tailored to smallholder needs. The company leverages a technology platform plus a human-assisted agency network of micro-entrepreneurs (housewives, students, village-level businesspeople) to build trust and enable claims support. GramCover has served close to 1.7 million rural customers in the past year and reports ₹1.1 billion ($14.8 million) in premiums over that period; it has insured 3.7 million farmers since launch. The startup aims to insure 10 million farmers in the next three years and target ₹10 billion ($135 million) in premiums. It plans to use new funding to strengthen its technology stack and expand deeper in the 13 states (around 8,000 villages) where it currently operates. GramCover operates an online-to-offline insurtech platform that links rural customers to insurers and offers policies spanning health, life, crop, livestock, and vehicle protection. Central to its model is a POSP (point-of-sale-person) network of trained village entrepreneurs who can sell policies and process payouts in remote areas or local stores. The startup targets low insurance penetration in rural India by providing last-mile delivery, transparent pricing, and claims support tailored to smallholders. GramCover plans to expand its POSP network nationwide, launch new products for farmers and small-town consumers, and build out its technology stack. It aims to acquire 5 million customers over the next two years through a government partnership to distribute subsidized national crop insurance and collaborations with agribusinesses, cooperatives, and NGOs. The company says it has already hit bottom-line breakeven and expects to be profitable by March 2021.

• Wealthy

  Participated · Equity · Oct 2019

  Founded in 2015, Wealthy provides a technology stack and marketplace through which over 6,000 independent mutual-fund distributors and other advisors can offer mutual funds, insurance, fixed deposits, bonds, and similar products to more than 100,000 clients. The platform processes more than Rs 300 crore in transactions each month and has seen its assets under management climb from Rs 200 crore to Rs 5,000 crore in the past three years. Wealthy operates 20 offices in major Indian cities including Bengaluru, Mumbai, Hyderabad, and Delhi, supporting nationwide distribution. Revenue from operations increased to Rs 25 crore in FY25 from Rs 14.5 crore in FY24, though net loss widened to Rs 35 crore from Rs 24 crore year-over-year. With the fresh capital, the company plans to expand its advisor network, deepen penetration in new markets, enhance its product stack, and bolster technology infrastructure and compliance systems as it scales additional product categories. These initiatives aim to sustain rapid AUM growth while moving the firm toward operational efficiency.

No current team members are available.