Participated · Series A · Feb 2026

Founded in 2018, PadCare Labs operates a chemo-mechanical recycling system that converts used sanitary pads into cellulose pulp and plastic, enabling the manufacture of items such as paper stationery and moulded goods. The company serves more than 685 enterprise and institutional clients across 24 Indian cities and manages sanitary-waste collection at over 2,000 sites. It currently runs facilities in Pune and Bengaluru with a combined capacity of 500 kg per day, operating at roughly 96 % utilisation and achieving a 99.8 % material recovery rate. Financially, PadCare reported FY25 revenue of ₹15 crore, an 8 % PAT margin and 26 % EBITDA margins, maintaining profitability for two consecutive years while growing at a 136 % CAGR. Future plans include commissioning the PadCareX gigafactory in Pune, expanding recycling hubs in Bengaluru and Delhi NCR, and scaling total capacity to 2,000 metric tonnes annually by March 2027. The firm also intends to launch PadCare Orbit, a B2C sanitary-waste management app, and expand distribution of its Rebirth recycled-stationery line from 2 % of revenue in FY25 to about 10 % in FY26. Overall, PadCare positions itself as a technology-driven solution for India’s under-addressed sanitary-waste segment while maintaining strong operational efficiency and profitability.

Led · Series A · Aug 2023

Monitra Health develops upBeat®, a vertically integrated remote cardiac monitoring platform that owns wearable devices, proprietary signal-acquisition technology, cloud software, analytics and clinical reporting. The company reports clinical scale—50,000+ patients monitored and over 10 billion heartbeats analyzed—and cites adoption by hospital networks including Manipal, Apollo, Aster and AIG. Monitra says revenue has grown 11x over the past four years and that patient coverage rose fivefold since its previous funding round. Its technology is supported by patents granted in the United States, Australia and India. The company positions its full-stack approach as a differentiator that drives diagnostic precision, cost advantage and scalability. Near-term plans include accelerating global certifications, expanding commercial reach within India, and building clinical and organizational capacity for global expansion.

Participated · Seed · Aug 2022

Vidcare Technologies is a Pune-based startup founded in 2017 that develops point-of-care and consumer diagnostic tests built on its patented Mu-sure lab-on-a-chip platform. The Mu-sure technology is positioned as an alternative to conventional lab methods and bulky devices, enabling convenient, accessible testing anywhere and faster results for clinical decisions. Its first product targets hypothyroidism testing, a condition the company says affects more than 150 million Indians. Vidcare plans further product development, clinical testing, and real-world effectiveness studies ahead of regulatory approvals and early commercialization. The company aims to expand reach into smaller cities and remote areas through partnerships with public health systems, NGOs, and pharma companies. Founders include Rohan Aggarwal, Karan Aggarwal, and Saurabh Kumar Srivastava.

Participated · Seed · Sep 2020

StayQrious is an edtech startup that teaches STEM foundations with an initial focus on coding literacy, using a ‘Learn to code and then code to learn’ approach. Founded in 2020 by Aanand Srinivas, the company targets students aged 8–14 in metropolitan, Tier‑I and select Tier‑II cities. The platform plans to build product features, coach tools, and instructional content to enable its vision of a 'classroom of the future'. The founding team brings over seven years of experience with leadership roles at organisations such as BYJU’S and Khan Academy. The company will use the new funding primarily to develop its product, coaching tools, and instructional content. StayQrious is based in Bengaluru.