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The Venture Codex

India Quotient

3rd Floor, J.K Plaza, 788, 12th Main Road, Indiranagar, Bengaluru, Karnataka, 560038, India

Overview

India Quotient is a new type of early stage investor. We fund companies building disruptive businesses aimed at Indian consumers. We're creating a powerful network of start-up enthusiasts. Please join the IQ community!

Total investments
79
Lead investments
31
Investments · 12mo
13
Active investors
8

Sector focus

  • Venture Capital
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Investment portfolio

  • Vingo

    Led · Seed · Aug 2026

    Founded in March 2026, Vingo operates a C2C marketplace for pre-owned goods and currently serves users in Bengaluru via Android and iOS apps. The platform supports categories including smartphones, cameras, gaming consoles, musical instruments, fashion and sports equipment. Vingo combines identity verification, community-based product discovery, escrow-backed payments and bidding features to address trust issues between buyers and sellers. The company plans to focus on expanding its C2C segment and growing its user base. After the seed raise, Vingo will invest in product development, trust and payment infrastructure, user behaviour research and targeted marketing. The article cites market research projecting India’s recommerce market to grow from $5.91 billion in 2026 to $8.61 billion by 2030.

  • Reo.Dev

    Participated · Series A · Jul 2026

    Reo.Dev is described as an AI sales intelligence company that provides tools and insights for sales teams. The company announced a $11.3 million raise intended to fund expansion into the U.S. Beyond the fundraising and U.S. expansion plans, the article does not provide specifics on products, customers, or financial metrics. No founding year, headquarters location, or historical funding details were disclosed in the coverage. The company's immediate focus, per the announcement, is growing its operations in the U.S.

  • Gimi Michi

    Led · Seed · Jun 2026

    Gimi Michi launched around six months ago and initially sells Korean ramen, positioning itself as an authentic Korean FMCG brand for Indian consumers. The company was founded by Nishank Goyal, Akhil Kumar, and Bodhi Rathor and is headquartered in Gurugram. It claims to be the top-selling noodles brand on Flipkart and reports Rs 1 crore in monthly net sales with roughly 60% month-on-month growth on a single product. Nearly half of its sales come from Tier II and Tier III cities, and it cites repeat purchase rates significantly higher than the category average across e-commerce and quick commerce channels. Gimi Michi distributes through quick commerce platforms and plans to expand its product portfolio into sauces, snacks, and ready-to-eat offerings. The team attributes demand to rising popularity of Korean culture in India and aims to build a broader Korean food brand as it scales."}omegranate

  • Omli

    Led · Seed · Jun 2026

    Omli's flagship product is the OmliKids app, which enables voice-based conversations between children aged three to ten and an AI companion called Doro. The company has developed VedAnsh-v1, a proprietary speech-to-text and voice activity detection model designed specifically for children's voices and reported improved word error rates versus real-time commercial systems when tested on children's speech. Omli has crossed 5 lakh downloads on the Google Play Store within months of launch and operates with a team of about 15 employees. The founders say they rebuilt core architecture around how children sound and are now developing the next-generation model in-house. Future plans include expanding into conversational intelligence systems that adapt in real time to a child's pace and confidence, and creating speech-based screening tools to detect articulation and pronunciation delays. The company positions its app as a conversational platform aimed at improving speaking skills and logical thinking rather than relying on games, rewards, or video content.

  • Helium Smart Air

    Led · Seed · Apr 2026

    Helium Smart Air develops smart, right-sized air conditioners aimed at bedrooms, study rooms, office cabins, shops, PGs, and hostels in India. The founders, Ashish Sharma and Aman Munka, launched the company to address issues with oversized, inefficient ACs that raise electricity costs for consumers. The product focus is on energy efficiency and appropriate sizing for compact spaces. The company recently raised a $2 million seed round to accelerate development of its smart AC offerings. Public reports do not disclose revenue, user metrics, or prior institutional financings.

Team