The Venture Codex

Led · Equity · Sep 2024

Big Bang Boom Solutions (BBBS) develops indigenous defense technologies across artificial intelligence, electronic warfare, and nanotechnology, including anti‑drone systems. The company emphasizes R&D and building core intellectual property while aligning timelines to monetization. BBBS recently secured an INR 200 crore contract from the Indian Ministry of Defense for its anti‑drone technology. It has also expanded into African markets, participating in an Indian MoD delegation to Kenya, Algeria, Tanzania, and Mozambique. Management advocates a capital‑rotation approach to provide investor exits over time while allowing stakeholders the option to stay invested. The company says the latest capital will support R&D, commercialization of IP, and geographic expansion.

Participated · Series A · Mar 2024

Founded in July 2018 in Bengaluru by Vaibhav Anant, Bambrew develops and manufactures sustainable packaging products such as bamboo straws, cutlery and other eco-friendly, biodegradable, and recyclable materials. The company works with tribal communities in Northeast India to source and fabricate its products, generating annual revenue of roughly INR 1 million (≈ Rs 10 lakh). Targeting the estimated $411 billion global packaging market, Bambrew aims to eradicate single-use plastics by supplying green packaging solutions to FMCG, food-service and e-commerce sectors. Early traction has drawn interest from international buyers including Sysco and Gordon Food Services in the United States and importers in Canada and the United Kingdom. Management plans to position Bambrew as a global brand while expanding its product range and production capacity. Proceeds from its latest financing will be channelled into team building, fulfilling current orders, and scaling supply capabilities across India and overseas markets.

Participated · Series A · Feb 2024

Knocksense builds visually appealing local news and recommendations content and curates regional events through a subscription-driven model. The platform combines exclusive access to regional events with carefully curated content feeds aimed at city-level audiences. It reports presence across multiple Indian cities, with mentions of Lucknow, Indore, Kanpur, Bandra (Mumbai), Ahmedabad, Delhi, Noida, and Jaipur. The company was founded in 2016 by Vibhore Mayank and Varul Mayank. Knocksense says it plans to continue growing its footprint in additional cities. No revenue or user metrics are disclosed in the article. Knocksense is a mediatech startup that produces locally generated content including news, recommendations, videos, and features with a stated focus on non-divisive, non-sensational stories. The company reports 20 million+ organic impressions per month and operates in six Indian cities: Mumbai, Lucknow, Kanpur, Goa, Indore, and Jaipur. It plans to launch video stories and Hindi content, expand further into other Tier-II cities, and introduce a subscription plan to strengthen user engagement and brand integration. Knocksense says it will use the new funding to improve IT infrastructure and strengthen its content team. The founders are Vibhore Mayank and Varul Mayank; the company was founded in November 2016. Target audiences are neighborhoods and millennial users in Tier-II cities, with a stated aim to bring the unorganised local ad market from offline to online.

Participated · Series A · Dec 2023

Proost Beer is a Delhi-based beer brewing company founded in 2017 by Vijay P Sharma and Tarun Bhargwa. The company sells beer across Delhi, Punjab, Uttar Pradesh and Kerala and reports selling nine beer units per minute. It aims to capture a 5%+ share of the Indian beer market by the end of the decade and plans to grow 300% by the end of fiscal year March 2024. Proost faces competition from Arbor Brewing Company, Bira 91, Simba, Kati Patang, Maka Di and Witlinger. The startup closed a Pre-Series A round raising about Rs 3 million (reported as $25 crore in the press release). The additional funds will be used for strategic expansion. Proost Beer is a brewery founded in 2017 that sources raw materials from both local and international suppliers to produce its beer. The company is present in more than 1,800 retail outlets and has sold over 10 million units. Proost plans to use new funding to expand production capacity, broaden its geographic reach, fulfil working capital needs, drive growth, and strengthen its position in the beer brewery space. Management expects the funding to help achieve 300% growth in FY24 and sees strong consumer willingness to try new, high-quality products. The company says the latest investment is part of a larger fundraising plan to support state-level expansion and ramp up production.

Led · Seed · Sep 2023

insideFPV is a defence drone technology startup founded in 2020 by Arth Chowdhary, Deyvant Bhardwaj and Oshi Kumari to plug critical gaps in India’s combat-ready unmanned systems. The company develops first-person-view (FPV) drones, surveillance drones and interceptor drones that are engineered to function reliably in harsh battlefield environments. Its platforms have already undergone high-altitude trials with the Indian Army, demonstrating performance in extreme conditions. With a product roadmap centred on trusted, indigenous hardware, insideFPV intends to deepen core engineering work and advance its defence platforms’ reliability. The startup plans to channel new capital into product development, capability building and fortifying its core drone lines. Financially, the company has secured a ₹6 crore pre-Series A round to fuel these initiatives, although no revenue or user figures were disclosed. Management views the recent investment as a key endorsement of its mission-critical technology ambitions.