IDFC Parampara
IDFC FIRST Bank Tower, (The Square), C-61, G Block, Bandra-Kurla Complex, Bandra, Mumbai, Maharashtra, 400051, India
Overview
IDFC-Parampara fund is an early-stage capital fund that personal equity investment experience will add a lot of value and assist.
- Total investments
- 5
- Lead investments
- 3
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- CloudSEK
Participated · Series A · Dec 2021
Founded in 2015 by cybersecurity researcher-turned-entrepreneur Rahul Sasi, CloudSEK delivers a cloud-native SaaS platform that maps digital footprints, correlates weak signals, and identifies emerging attack paths for its clients. The Bengaluru-headquartered company serves more than 300 enterprises across BFSI, healthcare, technology, and government sectors. Its core offering focuses on AI-driven attack detection and predictive threat intelligence, enabling organizations to strengthen external security postures from day one. CloudSEK positions itself as a research-first firm and has recently framed its identity as an Indo-American cybersecurity player. Following its latest funding, the company plans to establish a U.S. regional hub in Connecticut, recruit local cybersecurity and AI talent, and collaborate with academic and corporate partners. Financially, CloudSEK has concluded a $29 million Series B round (comprising a $19 million B1 tranche and a $10 million B2 tranche) and is backed by a mix of global investors including Commvault, MassMutual Ventures, Inflexor Ventures, and Connecticut Innovations.
- Verloop.io
Participated · Series A · Aug 2020
Verloop.io provides a platform that enables businesses to automate customer support across channels. The company says it has processed over two billion customer queries and served more than 100 million unique users. Its platform is used by roughly 5,000 brands globally, including Decathlon, Cleartrip, Nykaa, Rentomojo, and Adani Capital. Verloop.io plans to use its latest financing to advance its product development roadmap and hire talent across data science and engineering. The startup intends to expand its presence in the Middle East, Southeast Asia, and the United States. Verloop is a SaaS startup focused on customer engagement. The article describes the company as offering software-as-a-service for customer engagement. In a statement released by the company, Verloop said it raised $3 million in a Series A funding round. The financing was led by IDFC Parampara Fund, with other unnamed investors participating. The article does not disclose revenue, user counts, location, founding year, or future product plans.
- Bellatrix Aerospace
Led · Series A · Jun 2019
Bellatrix Aerospace designs and manufactures propulsion systems for satellites. Founded in 2015 and based in Bengaluru with operations in the U.S., the company serves demand from satellite constellations domestically and internationally. Following a $20 million pre-Series B raise led by Cactus Partners, Bellatrix plans to expand manufacturing capacity and increase annual production. Management has emphasized the need to scale manufacturing and delivery to meet rising market demand. The company’s investor base includes both new institutional backers and existing venture investors, reflecting continued external support for its growth.
- Dataresolve Technologies
Led · Equity · Mar 2017
Data Resolve, incubated at IIT-Kharagpur, offers enterprises a cloud-based information security platform to address corporate fraud, data leaks and employee productivity. Its product suite covers insider threat, mobile security and user behaviour analytics. The company has signed up more than 100 clients, from startups and SMBs to multinationals. It plans to use the new funding to expand its sales and technology teams, grow across India and the Middle East, and launch products. Data Resolve previously raised angel funding from German investors and was one of six winners of the Next Big Idea contest in November 2016. Dexter Capital acted as adviser for the recent funding round.
Team
No current team members are available.