Participated · Series A · Oct 2025

Founded in 2022, Fambo provides restaurants, cloud kitchens, and QSR chains with fresh farm produce and semi-processed food products that ensure cost-effective, consistent quality across outlets. The company partners with farmers on more than 75 acres of GAP-certified farms for crop planning and traceability, and it operates a temperature-controlled, AI-optimized logistics network and a highly automated micro-processing centre in Noida. Over 1,000 restaurants and cloud kitchens—including Burger King, McDonald’s, California Burrito, Burger Singh, Nomad Pizza, and Barbeque Nation—source ingredients through Fambo, giving the startup more than 50 marquee clients. A team of in-house chefs collaborates with customers to co-develop new menu items, further deepening client relationships. Fambo reported ₹20.3 crore in revenue in FY25 and projects an annualised revenue run-rate of ₹50 crore by Q2 FY26 while remaining profitable. The latest capital will fund nationwide expansion, product-line diversification, talent acquisition, and further tech investments.

Participated · Series A · Aug 2025

EVeez offers weekly EV subscriptions (starting at ₹1,100) that bundle EV rental, insurance, battery swaps and rider training so gig workers can operate without large upfront costs. The company targets delivery, quick commerce and ride-hailing riders who cannot afford EV ownership. Today EVeez operates roughly 7,000 EVs across 15 cities and reports that 55% of its gig users are first-time workers while 45% migrated from petrol bikes. Riders report clear financial benefits from lower fuel and maintenance costs. EVeez plans to scale its fleet to 50,000 vehicles by FY2027 and expand service to 30 Indian cities to power 40,000+ new gig riders. The product mixes technology and human-centered operations to reduce operating costs for workers and emissions for cities. EVeez (a proprietary brand of TravelTech Experiences Pvt. Ltd.) offers electric vehicles on subscription for commute, delivery services, and in-campus mobility, targeting last-mile delivery players and gig economy workers. The company provides a full-stack solution for delivery partners and aggregators, with subscription plans designed around subscribers and technology to maximize vehicle uptime and useful life. EVeez operates in Delhi/NCR, Hyderabad, and Kolkata and reports a monthly revenue run-rate of over Rs 10 lakhs sustained over the past 18 months. The startup says its flexible subscription removes entry barriers for gig workers to join last-mile delivery or switch from petrol vehicles to EVs. Management plans to expand its eMobility subscription service to six new cities in the next six months and target 5x revenue growth. Founders state they will scale operations to unlock operational efficiencies and improve unit economics.

Led · Equity · Jan 2024

Alt Mobility is a full‑stack electric vehicle as‑a‑service company that provides integrated leasing, servicing, charging, real‑time fleet monitoring and data‑driven insights for commercial fleet operators. The company manages a fleet of 13,000 vehicles and reports assets under management of over $30M across 30 Indian cities. Alt Mobility says it drives rapid EV adoption by lowering total cost of ownership and maximising fleet uptime through end‑to‑end asset management. It plans to expand its fleet to 30,000 vehicles and reach roughly $100M AUM by March 2027. The company will also invest in expanding its digital asset management platform and standardising battery technology to support scale. Founded in 2021 and led by CEO and co‑founder Dev Arora, Alt Mobility is headquartered in New Delhi, India. Alt Mobility is a technology-enabled electric-vehicle leasing and full-stack lifecycle management platform that offers Fleet Lease combining leasing with insurance, roadside service, maintenance, charging and parking hubs. The company operates FleetOS, an EV asset-management platform it plans to scale by hiring an engineering team. It began leasing vehicles in April 2022 and has scaled to assets under management (AUM) of $12 million (Rs 100 crore), comprising leased e2W, e3W, e4W and chargers. Alt Mobility plans to launch new verticals including Drive-to-Own, Parametric Insurance, Fleet Depots and a Battery Refurbishment Unit and to expand its presence to 20+ cities. Management is targeting an AUM of $100 million within the next two years and aims to become the largest proprietary EV fleet provider in India. The company was founded in 2021 by Dev Arora, Anuj Gupta, Manas Arora, Harsh Goyal and Jayant Gupta and is based in Gurgaon, India.