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Inuka Capital

Mumbai, Maharashtra, India

Overview

Inuka works with pre-seed and seed stage startups being established in India, investing $150k-$400k in what is usually their first institutional round of funding.

Total investments
3
Lead investments
1
Investments · 12mo
2
Active investors
2
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Investment portfolio

  • Vingo

    Participated · 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.

  • Armatrix

    Participated · Seed · Feb 2026

    Founded in 2024 by IIT Kanpur engineers Vishrant Dave, Prateesh Awasthi and Ayush Ranjan, Bengaluru-based Armatrix is building 3–5-metre snake-like robotic arms with diameters of just 50–150 mm and more than 22 degrees of freedom. The robots use an extrinsic actuation architecture—placing motors outside the arm—to improve safety and enable operations in flammable, high-temperature or liquid settings where conventional robots fail. Integrated AI provides real-time path planning, while digital-twin simulation allows operators to optimise missions before deployment. Modular end-effectors let a single arm tackle varied inspection and operational tasks without swapping machines. Target customers span shipbuilding, nuclear energy, oil and gas, and aviation, where reducing downtime and human risk is critical. The company has already demonstrated a three-metre proof-of-concept unit and plans to use new capital to finish product development, expand engineering and research teams, and launch pilots with industrial partners. Armatrix is positioning itself to capture a share of the robotics maintenance market, projected to grow from $41.66 billion in 2023 to $150 billion by 2032.

  • Terafac

    Led · Seed · Aug 2025

    Terafac develops an AI-powered platform (WeldT) that uses computer vision to scan parts and automatically determine precise weld execution, enabling standard industrial robots to self-adjust without manual programming. The company is initially focused on welding automation to address high product variation and skilled labor shortages, eliminating constant reprogramming. Terafac plans to expand the technology beyond welding to tasks such as gluing, buffing, and painting, aiming to make intelligent automation broadly accessible across factory floors. The startup intends to scale deployments from Indian MSMEs to global markets through OEM and system integrator partnerships and to build a large physical intelligence team of AI researchers, robotics engineers, and manufacturing experts. Financially, Terafac closed an INR 6.5 crore Pre-Seed round and is targeting 80 deployments across 20+ customers with a goal of achieving ₹8 crore (about $1M) ARR by FY26. Its long-term vision is an AI coordination layer that autonomously manages entire factory operations without programming.

Team

  • Gautam Shewakramani

    Co-Founder & Partner

    LinkedIn
  • Raj Sheth

    Co-founder & General Partner

    LinkedIn