Participated · Seed · Oct 2023

Done Deal is building an operating system of products and services that help startups progress from idea to exit, starting with a platform for anonymous discovery of vetted startups by potential acquirers. The company focuses on streamlining legacy acquisition processes and enabling global acquirer discovery. It plans to use new funding to accelerate product development and scale the platform. Done Deal was founded earlier this year by Rohit Raj, Aneesh Sivakumar and Ankur Jain and is based in Mumbai. The startup has gained traction with over 500 startups listed across consumer goods, fintech and SaaS/AI, more than 100 marquee corporate buyers, and has facilitated two acquisitions including Flatheads.

Participated · Series A · Feb 2023

Cusmat offers a VR-based, metaverse skilling platform designed to train industrial workers and develop muscle memory for real-world activities. The platform has been deployed with industrial brands in India and some South Asian markets and is positioned as improving productivity and safety. The company reports that workers trained via its platform are 30% more productive, 25% more efficient, 70% safer, and show about 70% retention on average. Cusmat plans to use new funding to strengthen R&D and engineering, scale enterprise sales, expand internationally, and add newer industry-specific skills to its offering. Leadership cites initial traction and strong large-enterprise references as evidence of product-market fit and readiness for wide-scale adoption. The company emphasizes reducing training time from months to days and improving key business metrics for customers. Cusmat builds high-immersion AR/VR training systems and a cloud-based learning management system for enterprise upskilling. Its XR Industrial Learning platform enables organisations to onboard, assess, train, upskill and plan learning tracks to improve retention and on-the-job performance. The company cites use cases across manufacturing, healthcare, supply chain, education, mining, infrastructure, logistics and pharma. Cusmat says it has trained more than 30,000 workers pan-India. The startup plans to use new funding to scale its enterprise sales team, develop product training content, and add industry-driven features to the platform. Financially, the startup raised $100K in this pre-Series A and has raised $650K in total to date. Founders are Abhinav Ayan and Anirban Jyoti Chakravorty, and the team says it pursued a seed round over the last 10 months to find product-market fit. Cusmat Technologies is a Hyderabad-based company that builds AR, VR and AI-powered training and assessment systems for enterprises. Its core product is a cloud-linked, learning-management-system-integrated platform that enables enterprises to standardise training across locations and to track, compare and visualise skill-specific workforce competency levels. The startup currently offers five training products serving at least 15 industries, including logistics, electronics, manufacturing, mining, steel and pharmaceuticals. Cusmat has raised seed funding in a round led by Venture Catalysts and has reportedly already garnered traction. The company was founded by Abhinav Ayan, Anirban Jyoti Chakravorty and Soumyaranjan Harichandan. Venture Catalysts said Cusmat is well-positioned to take a lead in its market segment.

Participated · Series A · Oct 2021

Tamasha is a social gaming app that lets creators host live social games and enables game developers to publish community-driven games. Launched in April 2020 by IIT Bombay graduates Saurabh Gupta (CEO) and Siddharth Swarnkar (CPO), the platform emphasizes immersive audio, virtual gifting and giveaways to drive engagement. Tamasha says it has grown 30x in the last six months and recorded more than two million gameplays. The product roadmap focuses on accelerating product development, expanding game offerings, and scaling a creator ecosystem. The company plans to strengthen its team and onboard a large network of vernacular content creators to build diverse gaming communities. Financially, Tamasha has just raised a new round to fund these initiatives. Tamasha.live is an influencer-led live online gaming platform founded in 2020 by Saurabh Gupta and Siddharth Swarnkar. The product enables new-age influencers and content creators to host live games with real cash prizes for winners, funded by a small entry fee. The company plans to use its recent funding to strengthen its team with cross-functional expertise, invest in building a stronger product, and grow its initial user base. Management frames the opportunity as intersecting real-money gaming and influencer trends, addressing a reported serviceable addressable market of $5.6 billion in India in 2021. The platform’s model emphasizes creator monetization and live engagement mechanics to attract and retain users. No revenue or user figures were disclosed in the article.