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The Venture Codex

Multiply Ventures

4, Haudin Rd, adjacent to Haudin House, Halasuru, Yellappa Chetty Layout, Sivanchetti Gardens, Bengaluru, Karnataka, 560042, India

Overview

Multiply Ventures invest and support ambitious entrepreneurs who are embarking on launching products and services.

Total investments
19
Lead investments
9
Investments · 12mo
2
Active investors
2
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Investment portfolio

  • Lissun

    Participated · Series A · Aug 2026

    Founded in 2021 and based in Gurugram, Lissun is a tech-enabled mental health platform that provides therapy, counseling, and wellness solutions to individuals and enterprises. The company reports having delivered over 35,000 therapy sessions across more than 40 cities and serves over 200 clients via partnerships with corporates, healthcare providers, and educational institutions. In July last year, Lissun acquired US-based mental wellbeing startup Being Cares Inc as part of its push to build an AI-driven, child-first behavioural development ecosystem. Financially, Lissun’s operating revenue nearly doubled to Rs 5.13 crore in FY25 from Rs 2.66 crore in FY24, while losses increased to Rs 9.85 crore from Rs 9.10 crore. The company has approved an MSOP granting options worth roughly Rs 5.06 crore to key personnel. Lissun has not yet filed its FY26 financial statements.

  • MyDesignation

    Participated · Series A · Feb 2026

    Founded in 2020 by husband-and-wife duo Swaroop Krishnan and Gopika B Raj, MyDesignation positions itself as a design-led, community-driven fashion label that focuses on culturally inspired casual wear for everyday and occasion use. The company primarily sells online but has begun building an offline footprint in Bengaluru, Kochi, Thiruvananthapuram, and Calicut. To date, it has served more than one million customers nationwide and reports strong repeat-purchase rates, driving approximately 100 percent annual revenue growth. MyDesignation employs roughly 100 people and plans to bolster leadership across finance, supply chain, merchandising, and marketing. Future initiatives include launching new product categories and executing a structured offline expansion strategy, with eight additional stores slated for Chennai, Hyderabad, and Bengaluru over the next year. The recent capital infusion strengthens its balance sheet as it scales both digital and physical channels.

  • Slikk Club

    Participated · Equity · Mar 2025

    Slikk operates a 60-minute fashion delivery platform in Bengaluru, offering clothing and accessories with a Try and Buy model. The service targets college students, young professionals, and urban shoppers. Led by CEO Akshay Gulati, CTO Om Prakash Swami, and CPO Bipin Singh, the company focuses on rapid convenience in Indian e-commerce. It plans to launch new lifestyle categories, roll out instant returns, and expand into additional urban pin codes and key metros. Slikk intends to diversify into beauty and personal care, footwear, accessories, and wearables as it scales. The company recently raised $10M in Series A funding to accelerate growth. Slikk Club operates a 60-minute fashion delivery platform that brings clothing and accessories to customers across Bangalore. The company uses a Try & Buy model to reduce purchase friction and speed up e-commerce convenience. It was founded by Akshay Gulati (CEO), Om Prakash Swami (CTO), and Bipin Singh (CPO). Slikk Club recently raised $3.2M in equity funding to support its growth. The funds will be used to scale operations in Bangalore, make 80% of the city’s pincodes serviceable via multiple dark stores, and consolidate its team across technology, category management, operations, and supply chain. Over the next five years the company plans to expand into Tier 1 and Tier 2 cities and diversify into seven-plus lifestyle categories. It also intends to leverage advanced technology to improve shopping, fulfillment, and returns.

  • FREED

    Led · Series A · Mar 2024

    Founded in 2020, FREED operates an online platform that counsels consumers and negotiates with creditors to settle unsecured debt. The company has assisted more than 2 million (20 lakh) customers, maintains over 120,000 active accounts, and currently manages in excess of INR 3,200 crore in outstanding debt. Its technology stack supports personalized repayment plans, underwriting, and creditor negotiations, aiming to create transparent paths to financial rehabilitation. With consumer credit penetration rising across India, FREED plans to widen its geographic reach, deepen institutional partnerships, and enhance its product and underwriting capabilities. The firm positions itself as a critical player in India’s evolving financial-health ecosystem, focusing on innovation and compliance to scale responsibly.

  • Grip Invest

    Participated · Series B · Jan 2024

    Grip Invest is a Delhi-based, D2C investor-first digital investment platform that enables Indians to invest in regulated, curated, diversified opportunities offering attractive, predictable returns. The company holds a SEBI OBPP (Online Bond Platform Provider) license and offers listed, credit-rated investment opportunities executed through its integration with the NSE. Grip Invest operates the Grip Fixed Income Opportunities Fund (GFIO), a SEBI Category II AIF, and has co-founded Electrifi Mobility, a full life-cycle management company for electric vehicles. The platform has facilitated over INR 800+ Cr in investments. Co-founded by Aashish Jindal, Nikhil Aggarwal and Vivek Gulati, the company plans to use new capital to shape product development and distribution, enhance consumer reach, build its brand and advance tech capabilities. Its product emphasis remains on providing regulated fixed-income and bond opportunities with online execution via NSE integration. Grip Invest is a Gurgaon-based, around one-year-old fintech platform founded by Nikhil Aggarwal and Vivek Gulati that enables retail investors to take partial ownership of physical assets and earn fixed monthly returns. The company has facilitated around Rs 75 crore in investments and claims a user base of over 80,000 retail investors. Grip aims to facilitate investments worth Rs 1,000 crore by September next year. The startup will use the new funding to increase its range of investment products, launch new features, and strengthen its team. To date it has raised over $3.6 million across funding rounds. The platform positions itself as an alternative to traditional retail options like fixed deposits and mutual funds.

Team