Participated · Seed · Apr 2026

SatLeo Labs develops multi-spectral satellite systems combining thermal (IR) and visible imaging and an AI-powered platform to deliver continuous, high-resolution Earth observation insights. The company has designed and delivered an experimental thermal payload, TAPAS-1, achieving TRL-8 readiness for satellite integration. SatLeo has translated its technology into commercial pilots—such as urban heat island and air-pollution monitoring with Ahmedabad and Tumakuru—that have impacted more than 400,000 citizens. Financially, the company has raised $5.5M to date, including a $2.2M seed round in April 2026, and reports Letters of Intent growing from roughly $15M to over $42M. The team has grown from 8 to 30 employees in the past year, expanding engineering and research capacity. In the next 12 months SatLeo plans to pursue satellite launch readiness, scale its thermal intelligence capabilities, and expand commercial deployments.

Participated · Seed · Jan 2025

ProcureYard operates an AI-driven raw material procurement platform focused on construction, manufacturing, and infrastructure supplies. Founded in 2023 and based in Gurugram, India, the company works with a network of over 200 suppliers and operates across more than 20 states. ProcureYard raised a $1.72M seed round in January 2025 to support its growth. The company plans to use the proceeds for product development, working capital, and to expand its AI-driven platform. The founding team includes Anshu Kandhari, Pankaj Bisht, Somdutt Parashar, and Tushar Agarwal. Its go-to-market is aimed at streamlining raw-material sourcing for large, distributed buyers and supplier networks.

Participated · Seed · Nov 2024

Taqtics offers a SaaS platform for retail store operations featuring live store audits, employee training and SOP management, visual merchandising, asset management, and an issue-tracking system. The product is designed to help retail managers streamline processes, maintain compliance, and drive operational excellence across stores. The company is led by CEO Yuyutsu Sharma and is headquartered in Bengaluru, India. Taqtics plans to accelerate development of AI-driven analytics capabilities to enhance insights and decision-making. It also intends to expand market reach and enhance its product offerings using the newly raised capital. The recent seed funding provides financial backing to execute on these product and go-to-market priorities.

Participated · Series B · Nov 2024

ePlane, founded in 2019 by IIT Madras aerospace professor Satya Chakravarthy, is building the e200x eVTOL for intra-city commuter and cargo applications. The vehicle uses a lift-plus-cruise, winged architecture with vertical rotors and a proprietary "synergistic lift" technology to enable a compact eight-meter wingspan and tighter landing footprints. The company says the design can perform up to 60 trips a day on a single charge, cut commute times by as much as 85%, and operate at under twice a typical Uber fare. ePlane manufactures airframe components and assembles batteries at its IIT Madras facility while outsourcing battery cells, and the team previously developed unmanned drones for cargo and camera use. The startup has a workforce of over 100 people and was valued at $46 million post-money after its latest financing. It plans to prototype the e200x in the first half of 2025 and commercialize in mid-to-late 2026 pending Indian and global regulatory certifications, with expansion targets including the Middle East, Southeast Asia, Australia, and Europe. The ePlane Company develops compact electric flying taxis (the e200) with a hybrid rotor-and-wing design intended for short-range intra-city transport. The startup says its vehicle can enable 10× faster door-to-door commutes at about 1.5× the cost of a regular taxi and requires no dedicated infrastructure. The company has test-flown a lab-scale prototype and is on course for a full-scale prototype in April, with a cargo carrier targeted for February 2023 and a passenger version by December 2024. Founded in 2017 and launched in 2019, the firm was incubated at IIT‑Madras and the Kerala Startup Mission. Financially, it has raised $5.0 million in a pre-Series A and previously raised $1.0 million in a Seed round the prior March. The new funds will be used for product development, increased engineering bandwidth, local certification efforts, and hiring. The ePlane Company is an aerial mobility firm developing vertical-take-off-and-landing (VTOL) electric planes intended for small door-to-door urban commutes. The company was founded in 2017 and is incubated at IIT Madras; it was set up by Pranjal Mehta and Satya Chakravarthy, an IIT Madras professor. The firm is based in Bengaluru. It will use the newly raised seed capital to build out its engineering team, develop intellectual property, and conduct early product demonstrations this year. The company previously announced an undisclosed seed raise led by Speciale Invest with participation from CIIE.CO and ShareChat co-founder Farid Ahsan.

Participated · Seed · Oct 2023

AuditCue is a B2B SaaS startup that provides auditing and risk-analysis platforms focused on Governance, Risk, and Compliance (GRC). Its software helps businesses identify and rectify financial errors, monitor expenses, and ensure accurate financial record-keeping. Founded in 2022 and based in Chennai, India, the company was started by Gaurav Kulkarni and Naren Janakiraman. AuditCue says it will continually enhance its product by collaborating with industry experts and expand access to its solutions for companies seeking streamlined audit processes. The company recently raised $1.5M in a seed round and plans to use the proceeds for product development, refining its go-to-market strategy, and expanding the engineering team. AuditCue targets B2B customers looking for proactive, efficient GRC and audit workflows.