Participated · Series A · Jan 2022

Chingari is a short-form video app that claims over 110+ million downloads and 35+ million monthly active users, with a two-fold increase in users since April 2021. The company is focused on expanding regional content by supporting 20+ languages and increasing reach into Tier III and IV markets. Product plans include launching live-streaming, socio-commerce and audio chat features to boost creator engagement and enable brand collaborations. Chingari recently launched its crypto token $GARI (debut event featured brand ambassador Salman Khan) and intends to list the token on six global exchanges including FTX, Huobi, Kucoin, OKEX, Gate.IO and MEXC Global. The startup aims to grow its user base to 200+ million by the end of 2022. It plans to invest in backend technology and AI/ML talent to enrich user experience and creator monetization. Chingari is a video‑streaming "super-app" founded by Sumit Ghosh and Biswatma Nayak that positioned itself as a TikTok replacement in India. The company, which started in 2018, targets users in tier‑2 and tier‑3 towns and non‑urban areas. It has grown from 10 million users to 50 million active users and has been downloaded around 86 million times. Chingari is built on the Solana blockchain and has launched a native GARI token, which rewards users for engagement and can be used to buy creators' NFTs and merchandise. After a private fundraising round that raised $19 from leading crypto VCs, Chingari is moving forward with a public token sale facilitated by Republic. Proceeds are intended to further develop the product on Solana and to expand user engagement worldwide. Chingari operates a short-form video platform with strong user retention and growth. The company reported 56 million users and plans to use fresh capital to improve its content portfolio, accelerate user acquisition, and expand hiring. Following the latest investment, Chingari will integrate OnMobile’s direct-to-consumer gaming platform, Onmo, into its app and pursue additional product integrations with OnMobile. Leadership and strategic support are being strengthened: OnMobile CEO Krish Seshadri will join Chingari’s board. The startup has previously raised $1.4 million from a group of early investors. Chingari has also engaged celebrities in its cap table via non-cash share allotments to support global brand efforts. Chingari is a social media platform focused on short-form content that gained traction after the government banned several Chinese apps. The app pays content creators a 30% commission on advertisements. It reports about 25 million downloads and roughly 3 million daily active users. The company says it will use recent funding to hire, accelerate product development, ramp up its platform, and improve consumer engagement. Chingari recently won the Indian government's Aatmanirbhar App Innovation Challenge in the social media category and received a ₹20 lakh prize. The company announced the funding from New Delhi.

Participated · Seed · Jan 2022

Easy to Pitch Networks Pvt Ltd is a Delhi-based pitching solution startup founded in 2019 by Priyanka Madnani and Nikhil Parmar. The company operates an AI-driven, SaaS pitching platform and provides customized services to help founders prepare investment-ready pitches. It has served 350+ founders across India and positions itself as India’s first AI platform for founder readiness. In January 2022 the company raised Rs 1 crore in a pre-seed round led by Venture Catalysts with participation from JPIN Venture Catalysts UK. The funds will be used to develop and launch a new SaaS-based product. The company lists its website as https://www.easytopitch.com/ and continues to focus on founder-facing pitching solutions.

Led · Equity · Oct 2021

Koovers is a B2B automobile spare-parts startup that disrupts the automotive aftermarket by leveraging technology, procurement contracts with OEM/OES, and a point-of-consumption focus. Founded in 2016 and headquartered in Delhi, the company currently focuses on the passenger car segment while planning to expand into commercial vehicles and two-wheelers. Koovers operates a B2B ecommerce platform and claims a network of over 5,000 workshops. Despite the COVID-19 lockdown, it has recorded 100% annual growth and reports $4.5 million ARR. The startup aims to expand its product portfolio, enter more geographies across India, and upgrade its technology platform to support growth and high fill rates.

Participated · Series A · Sep 2021

Biddano is a Pune-based healthcare supply-chain platform that uses technology to bridge gaps between distributors and chemists in offline pharma distribution. Its core product is a 'plug and expand' platform that helps distributors manage demand and supply while expanding their geographic reach. The tech platform simplifies order management by consolidating orders from multiple distributors into pharmacy-specific deliveries and includes a virtual inventory app for just-in-time procurement. The start-up plans to use the $2 million funding to invest in product, engineering, and market teams, develop new products, and improve customer experience. Biddano currently serves more than 20,000 pharmacies and intends to scale to over 100,000 pharmacies within 12 months while growing headcount from 30 to 100 in the next ten months. It aims to become India’s largest healthcare supply chain, logistics, and payment platform over the next two to three years. Biddano is a tech-enabled B2B healthcare product distribution platform that uses a 'plug and expand' model to help distributors manage demand and expand geographic reach. The platform simplifies order management by consolidating orders from multiple distributors into pharmacy-specific deliveries and enables procurement in less than three hours. Founded in 2016 by Talha Shaikh and Ashok Yadav and based in Pune, Biddano applies an AI-led approach to increase the reach and speed of healthcare delivery. The company aims to organise the offline pharmaceutical supply chain and become a one-stop solution for procurement and fulfilment for chemists and hospitals. It is targeting the Indian pharmaceutical market, noted in the article as worth over $24 billion and comprising over one million chemists and 65,000 distributors. The article states the pre-Series A funding will help the company continue building on its tech-led disruption in the Indian pharma space.

Led · Series A · Jan 2021

CreditEnable is an AI-based SME credit marketplace that simplifies obtaining business loans and helps SMEs manage their credit profiles. The company has been operating in India since 2017 and is described as UK and India-based. It was founded by CEO Nadia Sood and CFO Varun Sahni; Sood is an alumnus of Columbia SIPA and has worked with Nestlé and Impact Investment Partners, while Sahni graduated from the London School of Economics and has worked at Acumen Impact Investment Partners. CreditEnable recently raised $2 million in a pre-Series A round. The company plans to use the capital to enhance its technological infrastructure and expand its user base. CreditEnable provides technology and credit analytics solutions and credit-profiling tools to Small and Medium Enterprise (SME) lenders and borrowers to help them secure affordable debt. The company focuses on expanding access and usage in underserviced areas and develops products aimed at improving SME credit assessment. It has commercial relationships with multiple lenders that represent billions of dollars in SME loan books. CreditEnable is led by CEO and co-founder Nadia Sood and was named to the Inclusive Fintech 50 by the MetLife Foundation and Visa. While the current operational focus is on India, where it has offices in Mumbai, the firm plans to expand to a global focus over time.