Participated · Equity · Nov 2025

Founded in December 2020 by former banking executive Suvalaxmi Chakraborty, FinReach Solutions runs a Credit Guarantee Program that links private guarantors with banks and NBFCs to de-risk lending to micro, small, women-led, agriculture, and climate-focused enterprises. Its analytics-powered guarantee engine assesses borrower risk and facilitates guarantees, enabling credit flow in India’s tier-III to tier-V regions where formal financing is scarce. To date, the company says it has supported 14,150 borrowers, including more than 2,050 women entrepreneurs. Development finance institutions such as British International Investment and several global foundations partner with the platform to widen credit access. With fresh capital, FinReach plans to scale operations, broaden guarantee facilitation, and strengthen its risk and technology stack to process larger volumes of credit assessments. The company generates impact-oriented metrics but has not disclosed revenue figures. Management aims to become a key infrastructure layer for inclusive lending in India’s MSME ecosystem.

Participated · Series B · Aug 2025

CredRight is a Hyderabad-based non-bank financial company (NBFC) that provides lending to nano and micro enterprises through a phygital model combining digital lending with 125 low-cost branches across four states. The company serves over 20,000 micro-enterprises, including shopkeepers and traders traditionally excluded from formal finance, targeting India’s $530 billion MSME credit gap (with a $169 billion micro segment). Founded in 2016 by Neeraj Bansal and Vineet Jawa, CredRight focuses on deepening financial access in tier-II to tier-IV markets. Its core product is small-ticket business loans for micro-enterprises, backed by a technology platform and branch network. The company plans to use new capital to expand its loan book, strengthen its technology platform, and increase geographic reach. CredRight competes with players such as Kinara Capital, Varthana, Aye Finance, U GRO Capital, and Indifi. CredRight is a Hyderabad-based data-driven lending platform that facilitates credit to small businesses and MSMEs via NBFCs and banks. It has built a distribution model to reach India’s 10 million Registered chit subscribers, largely in tier-III and tier-IV cities, and focuses on nano entrepreneurs with annual turnover up to Rs 1 crore. The company says it has served more than 5,000 nano enterprises to date and recently received an NBFC license, claiming one of the lowest NPAs in the industry. CredRight reports a 10x growth in assets under management (AUM) over the past three years and is targeting AUM of Rs 2,000 crore over the next three years. Financially, it recorded Rs 3.93 crore in revenue and a Rs 4.73 crore loss in FY22 and has yet to file its FY23 annual statements. The firm plans to use new capital to expand into new locations, strengthen its technology stack, and increase access to formal finance for small business owners. CredRight is a data-driven fintech that facilitates credit to small businesses and MSMEs by building credit profiles from chit-fund data and distributing loans through NBFCs and banks. The company has developed a proprietary credit-modeling algorithm and an end-to-end digital process that can enable loans to reach bank accounts within 3–5 business days. It targets India's roughly 10 million registered chit subscribers, largely in tier-II and tier-III cities, and focuses on underwriting and collections to maintain strong operational metrics. CredRight has disbursed more than INR 50 crore to over a thousand customers. Management plans to use the new funding to increase the managed loan book, expand the team, and invest in technology platforms and analytics. Investors cite the company’s low NPAs during the pandemic and expect significant loan-book growth following the raise. CredRight offers collateral-free business loans to micro, small, and medium enterprises by leveraging expected chit fund receivables and other data points. The company partners with chit funds across India to access members' past payment and default data for underwriting. It uses a machine-learning-based credit algorithm and digital processing capabilities to analyze cash flows and assess ability and willingness to repay, claiming approvals within 24 hours and disbursements within three business days. CredRight said it will use new funding to strengthen its technology platform, grow its team, and expand its customer reach. The startup aims to disburse Rs 100 crore in the next 12–15 months. CredRight was founded in 2016 by Neeraj Bansal.

Led · Series A · Aug 2025

EVeez offers weekly EV subscriptions (starting at ₹1,100) that bundle EV rental, insurance, battery swaps and rider training so gig workers can operate without large upfront costs. The company targets delivery, quick commerce and ride-hailing riders who cannot afford EV ownership. Today EVeez operates roughly 7,000 EVs across 15 cities and reports that 55% of its gig users are first-time workers while 45% migrated from petrol bikes. Riders report clear financial benefits from lower fuel and maintenance costs. EVeez plans to scale its fleet to 50,000 vehicles by FY2027 and expand service to 30 Indian cities to power 40,000+ new gig riders. The product mixes technology and human-centered operations to reduce operating costs for workers and emissions for cities. EVeez (a proprietary brand of TravelTech Experiences Pvt. Ltd.) offers electric vehicles on subscription for commute, delivery services, and in-campus mobility, targeting last-mile delivery players and gig economy workers. The company provides a full-stack solution for delivery partners and aggregators, with subscription plans designed around subscribers and technology to maximize vehicle uptime and useful life. EVeez operates in Delhi/NCR, Hyderabad, and Kolkata and reports a monthly revenue run-rate of over Rs 10 lakhs sustained over the past 18 months. The startup says its flexible subscription removes entry barriers for gig workers to join last-mile delivery or switch from petrol vehicles to EVs. Management plans to expand its eMobility subscription service to six new cities in the next six months and target 5x revenue growth. Founders state they will scale operations to unlock operational efficiencies and improve unit economics.

Participated · Series C · Jan 2025

Eleos builds AI agents and multimodal LLM-powered tools that streamline clinical documentation, surface care insights, and improve patient engagement for behavioral health providers. The company recently launched Eleos Compliance, a clinical documentation improvement (CDI) product that uses agentic AI to flag documentation errors and simplify appeals and accreditation work. Eleos uses the industry’s largest dataset of real-world treatment sessions and claims randomized controlled trial results showing >80% faster progress note submission, doubled client engagement, and 3–4x improved care outcomes versus treatment as usual. The company has more than 120 customer organizations across 30+ U.S. states and reports rapid revenue growth, tripling annual revenue over its first three years and doubling revenue in 2024. Eleos plans to use new funding to expand product offerings, grow its commercial team, hire senior leaders and engineering/data talent, and push into underserved segments—particularly substance use disorder and post-acute behavioral healthcare. Eleos Health develops AI that interprets, analyzes and documents behavioral health conversations using proprietary, behavioral health–specific large language models trained on treatment data and clinical expertise. The system reduces operational burden on providers by automating documentation and surfacing objective insights into evidence-based care and the therapeutic alliance. Leadership teams can scale supervision and training and gain visibility into staff activity, caseloads, performance and population health. The company plans new and enhanced AI solutions for group therapy, compliance automation, case management, concurrent documentation and value‑based care support. Eleos intends to expand its reach to more behavioral health providers and segments, deepen strategic partnerships with EHRs and industry associations, and hire more than 50 people by the end of 2024. It is led by CEO Alon Joffe and is based in Boston and Tel Aviv. Eleos Health provides CareOps Automation solutions that consolidate the behavioral care workflow by automating operational necessities, including documentation and compliance administration, and by delivering session intelligence. Its session intelligence tools generate clinical insights that enable clinicians, providers, and networks to track treatment and progress in a measurable way. The company is led by CEO Alon Joffe and is used by thousands of clinicians across more than 20 national care providers and health plans, including Gaudenzia Home, The Brookline Center for Mental Health, and Coleman Health Services. Eleos has captured more than 6.5 million minutes of treatment to date and is projecting 30 million minutes captured by the end of 2022. The company intends to use the funding to accelerate growth and expand its operations, team, and product. Eleos is based in Boston, MA. Eleos Health develops an AI-powered Speech-to-Insights system that analyzes behavioral health sessions to surface actionable insights for clinicians. Its VoiceAI technology runs securely in the background of sessions and analyzes hundreds of data parameters to accelerate clinical decision-making and personalize care. The company has deployed its solution with over a dozen provider organizations, including Solvista Health, Achieve, Yeshiva University and ReachLink. Eleos plans to use the recent funding to expand sales, marketing, and solution delivery teams needed to meet demand for enterprise software deployments across providers and payors. Founded in 2020 and based in Boston and Tel Aviv, the company has added Dr. David Shulkin to its board. Eleos closed a $6M seed round in 2021.

Participated · Equity · Sep 2024

Kaleidofin is a financial-services platform that delivers tailored solutions to millions of customers and enterprises in India who lack convenient access to formal financial services. The company combines distinct products—credit, investment, insurance and savings—into integrated solutions built around customer profiles, underwriting, solution design and machine-learning suitability algorithms. It leverages distribution networks such as agents, cooperatives, self-help groups, temporary agencies and microfinance institutions to deliver solutions at scale. Kaleidofin’s technology and data-driven approach aim to craft products that work for customers’ real needs and risk profiles. The company is led by co‑founders Sucharita Mukherjee (CEO), Puneet Gupta (CFO), Natasha Jethanandani (CTO) and Vipul Sekhsaria (COO). The firm intends to use new funding to expand operations and accelerate product and development efforts. Kaleidofin operates a neobanking platform focused on the informal sector, offering products such as KaleidoGoals (goal-based savings), KiScore (ML-based credit health checks), KaleidoCredit (credit-as-a-service) and KaleidoPay (inclusive payments). The company serves over 1 million active transacting customers and has built a footprint across 230 districts and 14 states in semi-urban and rural India. Founded in 2018 and based in Chennai, Kaleidofin targets low-income and underserved communities with a specific focus on women customers. The platform combines savings, credit assessment and payment services to enable financial inclusion for individuals and nano/micro-SMEs. Management says new capital will be used to strengthen product lines and to launch and scale the KaleidoCredit business for customized credit products. Kaleidofin is a Chennai-based neo bank that offers goal-based savings, credit assessment, credit-as-a-service, and inclusive payments for informal-sector customers. Its core product lines include KaleidoGoals, KiScore (a supervised machine-learning credit health check), KaleidoCredit (credit as a platform), and KaleidoPay. The startup serves over one million active transacting customers across 230 districts and 14 states. Founders say they will scale the KaleidoCredit business line and deepen investments in technology, risk management, and data science. To support the next phase of growth, two founding team members, Natasha Jethanandani and Vipul Sekhsaria, were appointed co-founders. The company has raised $18 million to date, including a $10 million Series B announced in this round. Kaleidofin is a Chennai-based neobank founded in 2017 that provides curated, goal-based financial solutions to underbanked customers using a 'tech with touch' model. It creates individual household personas from demographic, income, and asset data to tailor savings, insurance and other financial plans. The company works through nearly 30 network partners, including MFIs, corporates, and NGOs, to reach customers. In less than two years of operations Kaleidofin has acquired over 50,000 customers across 10 Indian states. Management says the Series A proceeds will be used to strengthen the technology backend and pursue growth opportunities. The company positions itself around improving access to formal financial services for low-income segments. Kaleidofin is an app-based end-to-end financial-technology platform offering curated financial solutions aimed at the informal sector. The platform leverages the India stack (eKYC, eSign, eNACH) to provide seamless integration for customers and product partners. It acquires customers through partnerships with banks, NBFCs and microfinance institutions, and counts roughly 1,300 customers mainly in Chennai, Gujarat, and Bihar. Strategic partners named in the article include SEWA Bank, Sonata Microfinance, ICICI Pru MF, UTI, Aditya Birla, SBI, ICICI Pru Life and Bharti Axa. The company plans to expand its partner network into agents, banking correspondents, cooperatives and self-help groups while accelerating customer acquisition via technology and analytics. Over the next three years Kaleidofin aims to reach one million customers.