Participated · Equity · Jul 2026

Mahindra Last Mile Mobility manufactures electric three-wheelers and other last-mile electric commercial vehicles and is positioned as a market leader in its segment. The company currently commands around 40% market share in the L5 three-wheeler segment and reported crossing one lakh EV sales in FY26. It has seen a six-fold increase in electric three-wheeler sales over the last four years and posted 85% year-on-year volume growth in Q1 FY27. Management highlighted that EV penetration in the L5 segment rose from 12% to 40% over the past two years, which has been a key growth driver. The company reports six billion cumulative electric kilometres driven by its vehicles and has been India’s number one electric commercial vehicle manufacturer for four consecutive years. Leadership stated the firm aims to deploy one million EVs on Indian roads by 2031.

Led · Series B · May 2026

Stride provides financing solutions that let households and SMEs pay for rooftop solar installations through flexible payment plans instead of large upfront costs. The company operates in Vietnam and targets rapid adoption of residential and commercial rooftop solar, leveraging a network of installers and digital project-management tools. Following the $15 million Series B led by Lightrock and TRIREC’s Accelerate7, with participation from Clime Capital and UOB Venture Management, Stride plans to scale operations domestically and expand across Southeast Asia. It will deploy capital to expand its installer network, improve digital tools for project management, and uphold quality-control standards across projects. The company’s growth strategy aligns with rising rooftop solar capacity in Vietnam and increased investor interest in decentralized clean-energy finance.

Led · Equity · Mar 2026

Founded in 2015 and based in Chennai, WayCool operates a full-stack agritech platform that sources, distributes and processes food products while connecting more than 85,000 farmers through its engagement platform Outgrow. It sells fresh produce, staples and dairy under consumer brands including Madhuram, KitchenJi, L’exotique and Freshey’s. The company has raised significant funding prior to the rights issue—about $183 million from investors such as Lightrock, IFC, FMO and 57 Stars—and recently secured venture debt of Rs 110 crore. WayCool's operations span sourcing, distribution and food processing aimed at improving agricultural supply chains between farmers and institutional buyers. In recent months the company has taken steps toward profitability, including workforce reductions of over 200 employees in July 2024, and has experienced several senior leadership departures.

Participated · Series B · Feb 2026

Founded in 2020 and headquartered in São Paulo, Azos provides customizable life and health insurance policies that allow customers to update coverage and premium payments to fit their needs. The company reported it doubled revenue in 2025 and now manages over US$21.1 billion in policies under management. Azos plans to deploy its Series C proceeds to expand the use of artificial intelligence across its platforms and increase automation. It also intends to use the funds to grow its product offering, scale operations and improve customer experience. The article does not disclose additional financial details such as valuation or prior round specifics.

Led · Equity · Dec 2025

Sun King bundles solar generation hardware, energy-efficient appliances, installation services and consumer financing to deliver reliable electricity in regions with limited or no grid access. The company’s product line spans low-cost solar kits for lighting and phone charging up to multi-kilowatt inverter systems capable of powering homes, clinics, farms and commercial facilities. Since 2007, it has distributed 29 million solar products worldwide, with 67% of customers gaining electricity access for the first time, and it has extended $1.4 billion in consumer financing through its pay-as-you-go model that lowers daily energy costs to roughly $0.15–$0.20. Sun King currently sells about 330,000 solar kits per month through a network of 470 retail shops and 35,000 field agents operating in 11 African countries. Future plans include deploying 50 million additional solar kits and reaching 200 million people by 2030 while scaling its shop footprint to 1,650 locations and doubling its agent base to 90,000. The firm also intends to introduce higher-capacity solar systems, clean-cooking technologies, smartphones, refrigerators, and other productive-use appliances, targeting 3.8 GW of new distributed solar capacity by decade’s end.