Participated · Series B · Jul 2026

Freehand builds autonomous AI agents that read contracts, negotiate rates, approve invoices, process payments and reconcile records directly inside enterprise systems using a Category Context Graph to combine structured data and unstructured documents. The company was founded in San Francisco in 2024 and has achieved full production deployments at large customers including Meta, Unilever, Johnson & Johnson, Pfizer, Dunkin’ and Cardinal Health. Early customer outcomes reported include recovering 5–10% of spend, completing workflows 5–7x faster, and reducing procure-to-pay cycles by more than 70%. Freehand positions its agents as decision-making and action-taking software rather than chat-based copilots. The company plans to use the $75 million raise to expand beyond invoice processing into direct materials and maintenance, repair and operations categories and to embed its agents deeper into enterprise supply chains. Investors in the round include Battery Ventures, NewRoad Capital Partners, PSP Growth and Nexus Venture Partners.

Led · Series C · Jun 2026

Founded in 2020 by Dhruv Gupta and Tarun Bhambra and based in Bengaluru, Orange Health Labs operates a full-stack diagnostics and healthcare platform that provides on-demand testing and at-home sample collection for routine diagnostics. The company has raised nearly $50 million prior to the Series C, including a $25M Series B in 2022 led by General Catalyst and Bertelsmann and a $12M round in 2024 led by Amazon Sambhav Venture Fund. In FY25 Orange Health Labs reported revenue of Rs 84 crore and a loss of Rs 81 crore. The Series C consists of issuance of Series C compulsorily convertible preference shares to raise Rs 277 crore, led by Iron Pillar India alongside Crescent Enterprises, Bertelsmann, Accel India, General Catalyst, Good Capital, and Paramark Frontier Fund. The round values the company at approximately Rs 1,950 crore (~$205M) post-money and adjusts major shareholdings, with Accel India remaining the largest external investor.

Led · Series C · Sep 2025

Founded in 2016 by IIT Delhi graduates, Chakr Innovation is a deep-tech company focused on material-science driven clean-tech products. Its flagship offering, Chakr Shield, is India’s first certified retrofit emission control device for diesel generators and can cut particulate emissions by more than 80%. The firm is also commercialising an aluminium-air energy storage technology made entirely from indigenous raw materials, aiming to provide a higher-density, lithium-free alternative for batteries. Chakr Innovation claims over 5,000 installations across more than 2,000 customers and reports having abated more than 2.5 million tonnes of CO₂-equivalent emissions. With the latest capital, the company plans to expand manufacturing capacity, pursue international markets, strengthen backward integration, and deepen R&D. It also intends to establish the country’s first dedicated materials science centre focused on critical materials, furthering its vision of building world-class technologies from India.

Participated · Series C · Sep 2025

Flipspaces' core product is a proprietary tech suite that combines space planning, immersive VR walkthroughs, procurement, and end-to-end execution on a single platform. The platform is designed to deliver efficiency, transparency, and timely execution in a traditionally fragmented commercial design-and-build sector. The company says it has delivered over 1,000 projects spanning 8 million sq. ft., serving enterprises, startups, and SMEs across IT, retail, education, healthcare, and financial services. Flipspaces plans to use new capital to scale operations across India, the U.S., and the U.A.E., deepen supply-chain integration, and enhance its technology stack with AI-driven interventions. Strategic acquisitions in adjacent categories are also on the roadmap. Financially, Flipspaces reported operating revenue of Rs 190 crore in FY24 (a 90% increase from Rs 100 crore in FY23) and narrowed losses to Rs 8 crore in FY24 from Rs 19 crore in FY23; it has yet to file its annual report for FY25. Competitors include traditional interior design firms and tech-driven players like Livspace and Space Matrix. Flipspaces builds VR-based design and contracting products and operates a B2B SaaS vertical called Vizstore that lets furniture and furnishing brands virtualize the showroom experience. The product aims to reduce real estate costs and give consumers greater control of interior design and execution. The company targets the commercial interior design and build market and describes its core technology as a path-breaking platform for the interior-designing experience. Flipspaces says it will use new capital to grow its U.S. business and expand its newly launched SaaS offering. The Mumbai/New Delhi–based startup claims to have seen 25X growth in its U.S. business. It is also backed by Carpediem Capital.

Led · Equity · Jul 2023

Fold Health offers an end-to-end platform built to support value-based primary care, integrating with electronic health records and allowing customers to use modular tools to meet unique needs. Its suite includes a ClinOps Efficiency Engine that automates roughly 60% of the work required to succeed in value-based care, a Care Team Enablement Suite that unifies patient data, task management and omnichannel communications, and a Patient Enablement Suite that provides a white-labeled web/app experience with self-scheduling, chart access and wearables/RPM integration. The company positions its platform as eliminating the need for providers to build software from scratch and claims it enables advanced primary care groups to achieve 3x tech-related cost savings. Fold Health said the new capital will be used to continue scaling the platform and to hire talent. The company opened an R&D office in Pune, India in 2023 and is looking to expand headcount across the U.S. Early customers and prospects have endorsed the built-from-scratch VBC technology stack.