The Venture Codex

Led · Series A · Jul 2024

ElectricPe operates an app that enables users to locate, access, and pay for EV charging points and aims to build a broader EV ecosystem including electric two-wheelers, financing, servicing, and subscription plans. Founded in 2021 and based in Bengaluru, Karnataka, the company lists 11–50 employees. The startup raised $3 million in a pre-Series A round from Green Frontier Capital and has raised $8 million in total to date. Proceeds are intended to expand services and reach new locations. ElectricPe has a partnership with Google to provide real-time availability and status of charging points within its app. The company positions itself to address EV adoption barriers by combining charging infrastructure with vehicle and finance offerings. Founded in May 2021 by Avinash Sharma and Raghav Rohila, ElectricPe operates a B2C EV charging and demand-generation app that aggregates charging and swapping points. The platform promises a one-stop experience for users to quickly identify, access, and pay for charging. ElectricPe says it has built the "most dense" charging network in Bengaluru with 10,000 live charging points since inception. App usage has grown 30% month-on-month over a 7.5-month period, and customers on the network have completed 4 million green kilometres. The company plans to deepen technology investments and scale operations using the combined capital raised to date. Management emphasizes stage-by-stage capitalization as it expands toward a holistic full-stack consumer-facing platform. ElectricPe builds a deep-tech, B2C EV charging and demand-generation app that lets users discover charging points, identify pricing, and transact across stations. The platform is OEM-agnostic and onboards a nationwide network of charging points and independent charge point operators. The company emphasizes trust and real-time usage tracking to ensure a reliable charging experience. ElectricPe aims to make access to charging simple, seamless, and efficient while addressing range anxiety and adoption barriers. Founders Avinash Sharma and Raghav Rohila launched the company in May 2021 and leverage their electric mobility experience to scale the product. The company plans to expand its platform capabilities and create a nation-wide EV charging network.

Led · Series A · Jan 2024

Founded in 2020 by Vivek and Nidhi Nirmal, KisanKonnect runs an omni-channel fresh-produce business that connects farmer communities with urban consumers in Mumbai and Pune. Its proprietary supply-chain tech suite—spanning IoT and RFID-based traceability, AI-driven demand forecasting, a farmer advisory app and real-time dashboards—allows the company to manage more than 650 SKUs of temperature-sensitive fruits and vegetables while curbing wastage. The platform serves over 100,000 customers and promises 60-minute delivery via its mobile app, complemented by KisanKonnect Farm Stores for offline shoppers. Revenue figures were not disclosed, but the company has raised at least $12.5 million across recent rounds. With the new capital, management plans to expand its technology stack, deepen its farmer network and scale both its digital and offline footprint. KisanKonnect positions itself as a sustainable, data-driven solution to the challenges of perishables logistics and urban fresh-produce demand.

Participated · Series B · Nov 2023

EMotorad manufactures and sells a portfolio of 14 electric-bike models, assembling batteries, motors and other components at its Pune facility and exporting to more than 18 countries. The company sells both own-branded and white-labeled models and has brand presence in the U.S., Europe, Australia, Japan and parts of the Middle East. It runs a 50-member tech center in Bengaluru developing proprietary software and technology and has about 160 employees globally. Current Pune capacity is up to 90,000 bikes annually, and a new 150,000-square-foot facility due in the next three months is expected to raise capacity to 400,000 units per year with an in-house smart drivetrain. EMotorad has sold 80,000 units to date (40,000 last year) and generated nearly $36 million in cumulative revenues; it reported nearly $2 million in India revenue last year and aims for about $7.8 million this year. The company is targeting expansion of retail presence from 200 to 800 stores, global sales of 100,000 by FY2025, and reduced reliance on Chinese suppliers by developing key components in-house.

Participated · Series C · Nov 2023

Founded in 2018, Euler Motors focuses on electric commercial vehicles for last-mile cargo delivery. The company targets commercial EV segments where uptime, reliability and operating economics are key decision factors. Euler is backed by investors including Hero MotoCorp and Blume Ventures and has raised about Rs 1,900 crore (roughly $229 million) to date. Management, led by founder and CEO Saurav Kumar, says the company is transitioning from early scale-up to a phase of deeper, more consistent growth across products, markets and operations. Euler plans to use recent funding to expand its product line and manufacturing capacity and to scale its network across India to capture market share in the commercial EV segment.

Led · Seed · Apr 2023

Zero Cow Factory is a New York-based biotechnology company co-founded in 2021 by Sohil Kapadia and Parini Kapadia that produces animal-free protein and dairy products. The company has developed patented technology to produce dairy proteins such as casein and whey without the use of animals, with a particular focus on animal-free casein production. Its first product is A2 Beta-casein, which the company says is healthier because it lacks the A1 milk protein associated with indigestion. Zero Cow Factory markets an animal-free 'Smart Protein' positioned as a healthy alternative to cow’s milk protein, free of lactose, antibiotics, growth hormones, cholesterol and saturated fat. The company plans to use new funding to accelerate R&D, scale up production capacity, and obtain regulatory approvals to bring products to market. Zero Cow Factory has participated in global innovation accelerators including Mylkcubator (Spain), MassChallenge (Switzerland) and Plug and Play (USA).