Participated · Series C · Aug 2026

River designs and sells electric two-wheelers, with its core model the River Indie priced between ₹1 lakh and ₹1.5 lakh. The company delivered about 3,000 EVs monthly in the last fiscal year and ranked seventh among manufacturers in April. River has experienced rapid revenue growth—projected FY26 revenue nearing ₹500 crore—but remains loss-making, with reported losses of ₹196 crore in FY25. Its growth plan includes launching at least one new EV model annually beginning fiscal 2027, expanding retail presence from roughly 40 stores to over 350 by March 2028, and building a new manufacturing plant. River has also manufactured the Yamaha EC-06 in Karnataka, indicating potential manufacturing partnerships. The company faces strong competition from established incumbents with deeper service networks and brand recognition, and will require significant capital and operational execution to reach profitability.

Participated · Equity · Jun 2026

SynapX builds a system architecture called SYNTH that links three domains—SYNAction (manipulation intelligence), SYNWorld (physical-world modeling), and SYNData (data systems)—to enable robots to execute complex operation tasks more efficiently and evolve autonomously. Its Omni-modal Physical Data System (OPDS) combines custom hardware design and AI algorithms to collect and generate high-quality multimodal physical signals such as vision, force, and touch at scale to continuously improve base models. The company plans to invest its recent $50 million raise into core technology and product R&D, construction of its multimodal data system, and hiring global talent. Founded in January 2026 by Tsinghua alumnus Du Dalong, SynapX positions itself as an emerging player in physical AI focused on large-scale data-driven model evolution. The article did not report revenue, user metrics, or a disclosed valuation.

Led · Series A · Mar 2026

LetzRyd operates a technology-enabled, asset-backed platform supplying vehicles and drivers to ride-hailing companies while creating leasing pathways and partnerships that enable driver ownership. Operational since March 2024, the company says it has increased driver earnings by 20–22% in its first year and reduced driver attrition below industry benchmarks. It currently operates in three cities with a fleet of over 1,000 vehicles and has reported double-digit month-on-month growth. LetzRyd plans to use new capital to expand into additional urban markets, grow its vehicle base, enter new mobility segments, scale its operating platform, and enhance technology-led fleet and driver lifecycle management. The company is also prioritizing systems to improve vehicle utilization and service efficiency and expanding driver-focused initiatives to support financial stability and ownership opportunities.

Participated · Series A · Mar 2025

Beacon.li (formerly Windo) provides an AI-powered product assistant that automates complex workflows, resolves user queries, automates tasks, and generates documentation in real time to reduce support overhead and improve user adoption. The company serves customers in India and the USA, including Darwinbox, Zluri, KekHR, and Planful. Beacon.li raised $7.0M in a Series A round. The company plans to use the funds to expand its AI capabilities, scale operations globally, and enhance enterprise software support and user adoption. Its core product focuses on improving enterprise software onboarding and support through real-time automation and documentation.

Participated · Equity · Oct 2024

Aiello develops an all-in-one SaaS management platform for the hospitality industry called Aiello-One, with core modules for Interface, Operations, and Insight. Its flagship product, Aiello Voice Assistant, is a talk-and-touch voice AI solution designed to improve hotel operations and guest experiences while generating customer behavior insights. The Voice Assistant has been deployed since 2019 in over 180 hotels covering roughly 20,000 rooms and has answered more than 14 million inquiries from about 2.5 million end users in Chinese, Japanese, Thai, and English. Founded in 2023 and based in Taipei, Aiello is positioning its products for international expansion, particularly into Japan and Southeast Asia. The company raised $5.0M in October 2024 to accelerate that expansion and further develop its hospitality-focused offerings. A representative from the lead investor CDIB Cross Border Innovation Fund II, Kenichi Sawaya, joined Aiello's board as part of the round. Aiello is a Taipei-based NLP and Voice AI startup whose flagship product is the Aiello Voice Assistant (AVA), an NLU-based solution tailored for hospitality. The company offers an AI SaaS platform built on proprietary NLU technology and in-house NLP and ML models. Aiello’s solutions process more than 900,000 speech and text interactions per month in Chinese, English, Thai, and Japanese. In the past six months it has won multiple international hotel contracts and signed corporate-level service contracts across Japan, Thailand, Malaysia, and Singapore. The new funding will be used to accelerate customer acquisition, expand internationally (particularly Japan and Thailand), boost R&D, and launch a Conversation Intelligence Platform by the end of the year. Founded in January 2019 by a team from Google, Qualcomm, and HTC, the company has now raised over $10 million in total.