Participated · Series D · Aug 2026

Founded in 2020, BGauss designs and sells electric scooters that incorporate AI-enabled systems, IoT integration, fast charging and low-maintenance features. The company reported 5,518 retail registrations in July 2026, roughly triple year-on-year growth, and held about 0.3% of India’s electric two-wheeler market that month. BGauss faces competition from startups like Ather and River Mobility as well as established OEMs such as Ola Electric, Hero MotoCorp, TVS Motor and Bajaj Auto. Its recent financing history includes Rs 52 crore raised in April 2022 and $18.6 million from Bharat Value Fund in January of the prior year. The latest Rs 110 crore Series D CCPS raise, at an implied post-money valuation near Rs 1,000–1,100 crore, is intended to fund scaling of operations, product strengthening and geographic expansion.

Participated · Series A · Dec 2025

Founded in 2022, Aurassure is a Bhubaneswar-based climate tech startup building a climate intelligence platform for enterprises operating in volatile conditions. Its system draws on more than 2,000 street-level sensors combined with proprietary AI-physics fusion models to generate ultra-high-resolution data on air quality, heat stress, rainfall, water levels, wind behaviour and urban flooding. The company has rolled out two flagship offerings: the Climate Intelligence Analytics Platform (Aurassure Insights – AI Platform) and Avani, an AI bot that answers location-specific climate queries. Together, these tools give corporate users granular, actionable visibility into environmental risks. Aurassure plans to expand its reach across the Global South, with initial targets in Latin America, South Asia and Africa. No revenue or user figures were disclosed, but the company’s rapidly growing sensor network underpins its data advantage and commercial potential.

Participated · Series A · Aug 2025

Netrasemi develops system-on-chips (SoCs) for smart IoT products, designed to handle complex workloads such as video processing using an in-house AI acceleration core (NPU) and silicon IPs. Its energy-efficient chips enable advanced analytics directly on devices without relying on servers or the cloud. The company was founded in 2020 and is backed by IIM-Kozhikode. Netrasemi reported operating revenue of Rs 1.55 crore in FY24 and a profit of Rs 5.3 lakh; FY25 results are pending. The co-founders Jyothis Indirabhai, Deepa Geetha, and Sreejith Varma collectively retain over 50% ownership after the round. The company has an ESOP pool of 5.19%, valued at Rs 32.6 crore. Netrasemi, founded in 2020 and based in Kerala, India, develops system-on-chips (SoCs) and reference designs to enable on-device AI/ML for smart IoT products. The company is bringing a family of AI/ML-capable SoCs and reference designs aimed at solving 100+ AI/ML use cases to make Edge AI product development more efficient and economical. Its chips are designed to enable advanced AI-based analytics on the device without sending data to servers or the cloud, improving responsiveness and lowering cost. Key target segments include defense, surveillance, smart sensors, smart infrastructure, machine vision and Industry 4.0, robotics, drones and autonomous vehicles. The company has a 61-member team and was founded by Jyothis Indirabhai, Sreejith Varma and Deepa Geetha. Netrasemi plans to use the new funding to fabricate two ML SoC chips, Netra A2000 and Netra R1000.