Participated · Series C · Jun 2026

Founded in 2020 by Dhruv Gupta and Tarun Bhambra and based in Bengaluru, Orange Health Labs operates a full-stack diagnostics and healthcare platform that provides on-demand testing and at-home sample collection for routine diagnostics. The company has raised nearly $50 million prior to the Series C, including a $25M Series B in 2022 led by General Catalyst and Bertelsmann and a $12M round in 2024 led by Amazon Sambhav Venture Fund. In FY25 Orange Health Labs reported revenue of Rs 84 crore and a loss of Rs 81 crore. The Series C consists of issuance of Series C compulsorily convertible preference shares to raise Rs 277 crore, led by Iron Pillar India alongside Crescent Enterprises, Bertelsmann, Accel India, General Catalyst, Good Capital, and Paramark Frontier Fund. The round values the company at approximately Rs 1,950 crore (~$205M) post-money and adjusts major shareholdings, with Accel India remaining the largest external investor.

Led · Equity · Aug 2025

Nuuk is a direct-to-consumer (D2C) home appliance brand founded by Gazal Kalra and Shalabh Gupta that designs and sells high-performance, design-focused kitchen and home appliances. The company follows a design-first, human-centric engineering approach and operates a full-stack model with in-house product design, controlled supply chains, and direct online distribution. Nuuk manufactures its products in India and targets urban Indian consumers seeking modern, design-led appliances. Financially, the company has raised more than $10 million (~Rs 90 crore) in total funding. Proceeds from the latest round will be used to expand its made-in-India supply chain, build its brand, and continue product development.

Participated · Seed · Dec 2024

SkySQL is a San Francisco, CA–based database management company offering a cloud-native solution for MySQL and MariaDB with integrated AI and serverless capabilities. Its platform combines traditional database functionality with AI features including SkyCopilot for query optimization, Semantic Agents, and a conversational API to enable accurate, secure, and reliable AI responses. The service provides serverless auto-scaling (including scale-to-zero) to reduce costs and operates across 40+ regions and multiple cloud providers for multi-cloud flexibility. Continuous availability is supported via multi-zone replication, automated backups, and self-healing clusters. The company serves over 40 customers globally. SkySQL said it will use the newly raised $6.6M to expand operations and accelerate development efforts. The company was founded by Nithin Rao, Jags Ramnarayan, and Saravana Krishnamurthy. SkySQL focuses on supporting and developing MariaDB, the fast-growing open-source relational database that has been adopted by projects like Wikipedia and major Linux distributions. The company offers support services, assists migrations from MySQL, provides bug fixes, and develops commercial offerings for scaling the MariaDB server. SkySQL launched a service for scaling databases on Amazon Web Services to help administrators and less-technical end users manage instances, reconfigure nodes, and handle backups and restores. The company plans to invest in the MariaDB open-source project, deepen integration with NoSQL technologies, and capitalize on the NewSQL trend combining transactional and scale-out features. In April the company merged with Monty Program, reuniting original members of the MySQL AB team, which the article cites as strengthening SkySQL’s pedigree. The company recently raised funding to support these product and community initiatives. SkySQL today operates mainly as a services business, supporting existing MySQL customers in a model likened to RedHat servicing Linux. The company has backing from the former founders of MySQL and recently closed additional funding to expand support operations. It raised another €2 million in Series A funding from California Technology Ventures (CTV), bringing its total funding to €6 million. SkySQL plans to develop a cloud-based product/platform that will gradually handle more of the heavy lifting and provide an alternative migration path for users who want to avoid Oracle. Leadership changes include Patrik Sallner being named CEO (formerly VP of Professional Services at F‑Secure) and Ulf Sandberg moving to lead the U.S. operation as President of SkySQL Inc. The article frames SkySQL’s opportunity as a window created by EU competition rules that constrain Oracle for the next five years.

Participated · Preferred · May 2024

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.

Participated · Convertible Note · May 2024

SolarSquare Energy focuses on residential rooftop solar installations, emphasizing installation quality, financing support, and after-sales maintenance. The company is Mumbai-based and competes with players such as Zunroof, Mysun, and Adani Solar. It reported operating revenue of Rs 355 crore in fiscal 2025 and an annualised revenue run rate of about Rs 800–1,000 crore. SolarSquare raised $40 million about 18 months before the latest round and has now closed a $50–55 million financing led by B Capital that values it at $450–500 million. The company is positioned to benefit from government programs like the PM Surya Ghar Muft Bijli Yojana that aim to scale rooftop solar adoption among households. The articles do not provide details on specific product roadmaps or explicit use of proceeds for the new funding.