Led · Seed · Aug 2026

Founded in 2022 by Darshan Meher and based in Pune, Adiabatic Technologies designs in-house lithium-ion battery systems including cell selection, pack architecture, thermal management and a proprietary Battery Management System. Its product suite includes custom battery packs and smart chargers built for high discharge performance, fast charging, intelligent management and thermal safety. The company says it has deployed more than 20,000 battery systems across over 25 OEMs serving robotics, defence, drones, agriculture equipment, electric vehicles and solar energy. Adiabatic plans to focus on specialised battery platforms for robotics, autonomous mobile robots, industrial automation and unmanned aerial systems. The recent seed funding will be used to expand manufacturing capacity to 100 MWh annually, accelerate product development and grow its engineering team to scale deployments. Reported competitors include EMO Energy, Clean Energy, Neuron Energy and Inverted Energy.

Led · Seed · Nov 2025

Founded in 2023 by Jitendra Yadav and Nishant Agarwal, DOCO operates a technology-driven Rural Distribution-as-a-Service (Rural DaaS) model. Its platform integrates dark stores, local partners, and a data-oriented supply-chain system to enable fast, reliable delivery of FMCG products to rural and semi-urban retailers. Currently, the company runs 10 dark stores across western Uttar Pradesh, collectively serving more than 5,000 retailers and partnering with over 15 FMCG brands such as Bikano, Jabsons, Yellow Diamond, and Kingfisher. DOCO plans to scale to 25 dark stores and 25,000 retailer touchpoints within the next year. The newly raised capital will be deployed to expand the technology stack, grow the dark-store network, and support operational scaling across additional rural clusters. By bridging distribution gaps for consumer brands, the company positions itself as critical infrastructure for India’s fast-growing rural consumption market.

Led · Seed · Jul 2024

The EleFant operates a toy-subscription and circular play platform for children aged 0–12, offering more than 1,000 toys and books from over 90 brands. Families subscribe through monthly plans starting at Rs 599 and can return toys after use and select new ones through the platform. The company uses a Franchise-Invested, Company-Operated (FICO) model and has over 125 franchise partners across 18 cities. Founded by Sourabh Jain and Srishti Jain, The EleFant has set goals to cross 50,000 subscribers and expand into more than 20 cities within the next 12 months. Following its recent $1 million pre-Series raise, the startup plans to use proceeds to strengthen technology infrastructure and expand its market presence.

Participated · Series A · Jun 2024

Clodura.AI builds an AI-driven sales prospecting platform that leverages large language models (LLMs) and generative AI to accelerate the sales process from prospecting to closing. The platform automates outreach campaigns, helps identify decision-makers, and collects actionable sales intelligence to create a 10X sales pipeline. It includes email cadence features that automate follow-ups and scheduling to reduce manual labor and increase meetings. The company plans to use the new funding to improve the Clodura.AI platform and its AI capabilities. Clodura.AI raised $2 million in a pre-Series A round led by Bharat Innovation Fund with support from Malpani Ventures. Founder Kapil Khangaonkar is named in the announcement.

Led · Series A · Jul 2023

Selligion Technologies, founded in 2020 by Naman Chakraborty and Apeksha Mehta, develops Praho, a direct-to-consumer hybrid cloud-based computer and the Selligion Abacca OS. Praho is positioned to provide affordable computers to Indian students at a subscription price target of Rs 399 or less. The company plans manufacturing improvements and R&D to support its upcoming phase of expansion and expects a multifold increase in manufacturing capacity to reach over 1 lakh students by March 2024. Selligion intends to offer advanced, accessible computers across India through a subscription-based business model aimed at building digital skills. Financially, the company has completed a pre-Series A and previously raised a seed round, and will deploy new capital toward manufacturing and product development.