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IndigoEdge Advisors

1st floor, Nitesh Timesquare, 8, MG Road, Bengaluru, Karnataka, 560001, India

Overview

Established in 2006, IndigoEdge is an investment banking firm based in Bangalore, India. The firm's primary areas of service include investment advisory, capital raising, mergers and acquisitions, post-transaction integration, deal negotiations, and cross-border transactions. IndigoEdge caters to the real estate, technology, manufacturing, e-commerce, hospitality, and healthcare sectors.

Total investments
5
Lead investments
0
Investments · 12mo
1
Active investors
3

Sector focus

  • Banking
  • Consulting
  • Finance
  • Financial Services
  • Real Estate
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Investment portfolio

  • Exiles Interactives

    Participated · Seed · Oct 2025

    Exiles Interactives is building Centarius, a curated browser, PC/console and mobile gaming platform focused on mid-core titles that can be played instantly across devices. The service weaves social, community, competitive and reward mechanics into each game session to drive retention and engagement. By bypassing native app store policies, it aims to give indie developers multi-device reach while delivering high-quality, socially immersive gameplay for users. The company intends to collaborate with leading creators on TikTok, Twitch and YouTube and to run community campaigns and industry events once the platform launches. Recently funded, the startup will channel new capital into final product development, marketing and community-building ahead of launch. Competitors include Kongregate, CrazyGames, Poki, Roblox’s browser ecosystem and Steam Web, but Centarius differentiates itself through curation and a mid-core focus. Financially, the company is in a pre-revenue, pre-launch stage and has just closed a pre-seed round of $355,000 to support its roadmap.

  • StepOut

    Participated · Seed · Mar 2025

    StepOut is a Bengaluru-based sports-tech company that applies artificial intelligence and computer vision to football match analysis, player development, and scouting. Its platform delivers AI-driven match breakdowns, automated highlights, live analytics, and advanced metrics such as xG, xA, PPDA, and player impact scores. Since its last funding round, the startup has analysed over 25,000 matches and tracked more than 150,000 players while achieving 3× year-on-year revenue growth and a 90 % customer renewal rate. StepOut currently serves 120 clubs, academies, and federations across 23 countries, including high-profile organizations such as AFC Ajax, Rayo Vallecano, Bengaluru FC, Hong Kong FC, and the All India Football Federation, and is piloting with Real Madrid, Chelsea, Fulham, and Espanyol. The company plans to channel new capital into international expansion, deeper AI and computer-vision capabilities, and broadening its offering beyond football to other amateur sports disciplines. Founded by Jeet Karmakar and Sayak Ghosh, StepOut positions itself as a comprehensive performance intelligence layer for the global sports ecosystem.

  • SatSure

    Participated · Series A · Aug 2023

    SatSure develops large AI-powered Earth observation models that combine satellite and drone data to produce geospatial intelligence tailored to Indian conditions. The company plans to build reusable intelligence infrastructure that improves accuracy over global models by reflecting local geography, climate dynamics and agricultural diversity. Its datasets and models will cover monsoon patterns, agricultural landscapes and urban expansion, with potential applications across infrastructure, finance and disaster management. SatSure is participating in India's partnership programme to develop a commercial satellite constellation, and the recent ₹246 million grant from the country's space regulator will fund model development and that participation. The funding is grant capital provided as part of a national effort to bolster sovereign AI and geospatial capabilities. The company is based in Bengaluru.

  • WinZO

    Participated · Series B · Sep 2020

    WinZO is an Indian gaming and entertainment platform that operates a platform offering gaming and entertainment content. The company announced a $65 million Series C funding round led by California-based Griffin Gaming Partners. The Series C increases the total capital raised by WinZO to $90 million. The article notes this is Griffin Gaming Partners' first ever investment in India. The article does not disclose other participating investors, use of proceeds, revenue, user metrics, or future plans. WinZO Games operates a real-money multiplayer gaming platform offering third-party titles across Casual, Card, Action, Esports, and Battle Royale categories in 12 languages. The four-year-old company, founded by Paavan Nanda and Saumya Singh Rathore, reports over 25 million registered users and claims to process more than 1 billion micro-transactions monthly. During FY 2019-20 WinZO recorded a 7x jump in revenue from operations to Rs 26.72 crore. Expenses rose to Rs 54.06 crore in FY20 from Rs 8.87 crore the prior year, producing total losses of Rs 26.68 crore in FY20. The company has recently raised debt to address corporate financing events and to provide liquidity to an early investor. According to filings and sources, proceeds will be used to pay a proposed buyback and to offer an exit to early backer Hike following Hike’s pivot into gaming. WinZO is a vernacular gaming platform that partners with third‑party game studios to host their titles on a Netflix‑like Android app experience. The platform is available in 12 languages and offers 70+ games across various multiplayer formats. It targets a community of gamers and game influencers in Tier 2–Tier 5 cities of India. The app has 25+ million registered users and records over 1 billion micro‑transactions per month. WinZO was launched in early 2018 and maintains a team of about 40 people. The company plans to use new funding to strengthen its content pipeline. WinZO is a vernacular, social multiplayer skill-gaming platform operated by The TickTock Skill Games Pvt. Ltd that lets users play titles such as carrom, cricket, 8 Ball Pool, fantasy leagues and trivia for real-world monetary benefits. The platform currently offers over 30 games in ten languages and says it has over seven million registered users, with average daily time spent per user exceeding 55 minutes. Co‑founded by Paavan Nanda and Saumya Singh Rathore, WinZO plans to expand its content library to more than 100 games and roll out additional local languages. The company aims to reach 40 million users by March next year and to create multiple social‑gaming activities tailored to vernacular audiences. WinZO will use the new capital to acquire gaming content and to hire and strengthen its staff. Investors and founders have cited strong product‑market fit and confidence in the startup’s unique product.

Team

  • Zerin Rahiman

    Founder & Director

    LinkedIn
  • Shivakumar Ramaswami

    Founder & Director

    LinkedIn
  • Sandeep Ramesh

    Founder