Participated · Series B · Aug 2026

Simplismart develops an AI inference platform and has been expanding its enterprise AI offerings. Earlier reporting states the company planned to make its inference platform available on Nvidia infrastructure. The firm is described as an AI infrastructure startup and is currently pursuing external funding. Public coverage links the startup to a reported $20 million fundraise at about a $100 million valuation and notes participation by several angel investors. The articles do not provide revenue, user metrics, founding year, or location information.

Participated · Equity · Aug 2019

BluSmart is an Indian electric-vehicle ride-hailing company. It provides ride-hailing services using electric vehicles. The company closed a pre-Series B round raising $24 million. Investors named in the round include the MS Dhoni Family Office and responsAbility. The funds are intended to expand BluSmart's footprint in India. No other financial details or operating metrics were disclosed in the article. BluSmart is an Indian electric ride-hailing startup that provides ride-hailing services using electric vehicles. The company operates in India and focuses on EV-based transportation. The article reports BluSmart has raised $42 million in funding. The financing was provided through a combination of equity and debt. The round was led by the company’s founders and leadership team. The article does not disclose operating metrics, revenue, or future plans. BLU Smart Mobility operates an all-electric taxi-hailing platform serving customers across Delhi NCR and at Indira Gandhi International Airport terminals. The company has added long-range EVs and launched an all-electric inter-city service between Delhi NCR and Jaipur and Chandigarh. It plans to scale its fleet to over 5,000 BluSmart electric vehicles and expand a network of EV Superhubs across the Delhi NCR. BluSmart says it has scaled 25-fold since launch and emphasizes creating economic opportunities for driver-partners without asset ownership. To support growth it has secured equity, venture debt, and substantial EV asset financing, which it intends to deploy for fleet and hub expansion. BluSmart operates an app-based, all-electric ride-hailing service using electric sedan cabs across Delhi‑NCR. The company shares trip details and the carbon emissions saved with passengers after every ride. BluSmart has completed over one million all-electric trips, logged more than 35 million clean kilometres, and has over 350,000 app downloads in the region. To scale its fleet and increase EV adoption in Delhi‑NCR, BluSmart is procuring additional vehicles financed through a loan. The company has raised institutional capital previously, including a $25 million Series A in October 2021 and a pre-Series A in 2020. The new financing is intended to accelerate fleet expansion and emissions reductions in the national capital region. BluSmart operates an integrated electric-vehicle ride-hailing and charging service with a fleet of electric cabs and a large network of fast chargers across Delhi NCR. The company leases vehicles to drivers and handles vehicle maintenance to reduce driver financial and operational burdens. Its app shows operational safety details such as the last sanitisation time for each car and driver vaccination status. BluSmart has completed over 500,000 electric trips, covered more than 16 million clean kilometres, and recorded over 250,000 app downloads. The company plans to use new funding to expand its fleet and charging stations from Delhi to five additional Indian cities over the next two years. The business is led by Anmol Singh Jaggi.

Led · Series C · Apr 2016

TranServ provides payment APIs and operates a mobile wallet called Udio. Its APIs let merchants integrate payment tools and its clients include BookMyShow, PayU, Ixigo, and Askmebazaar. The company claims 10 million users and processes about $15 million per month through its APIs. Udio supports peer-to-peer transfers, bill splitting, and can be linked to a prepaid debit card accepted by about one million offline merchants. TranServ plans to launch micro-loan services, new non-payment features for its API stack, online meal vouchers, and will continue developing Udio. It has a strategic partnership with Micromax and a deal with Visa to offer NFC-based contactless payments on Micromax devices.

Participated · Series C · Jan 2016

MiMedia is a personal cloud platform that stores photos, videos, music and other files and is available on the web, iOS, Android and via desktop uploaders for Windows and OS X. The service emphasizes a coherent consumer experience and small-group sharing, positioning itself as an alternative to Google and Dropbox. Users on the free tier get 10GB of storage, and paid plans start at $7.99 per month. The team started building the product in 2010 and the company is New York-based. MiMedia plans to use the new funds to accelerate growth and support global distribution partnerships; it is piloting its platform in select RadioShack locations and plans a national RadioShack launch later in the year. Financially, the company has now raised a total of $35 million.