Participated · Series A · Jul 2026

Naturis Cosmetics is a CDMO serving beauty and personal care brands, producing formulations and finished goods for over 50 BPC and D2C brands. The company operates a 200,000 sq ft facility with capacity to produce 84 million units and also partners with pharmaceutical firms for cosmeceuticals. Naturis has reported revenue growth of over 50% CAGR over the last four years. It manufactures for clients including Nykaa, Purplle, Pilgrim, Kay Beauty, and Colorbar, and partners with firms such as Glenmark and Dr Reddy’s Laboratories. The company plans to expand into men’s grooming, body care, color cosmetics, fragrances, and export markets over the next five years. Infrastructure expansion plans include a new 225,000 sq ft production facility in Vapi, an experience centre in the NCR, and an R&D hub in Mumbai.

Participated · Equity · Jun 2026

Steamhouse provides industrial steam and gas services. The company completed a ₹50 crore pre-IPO placement priced at Rs 73 per share, allotting 68.49 lakh equity shares to investors who now hold about 2.94% of pre-offer equity. Steamhouse is pursuing a public listing and has proposed an IPO to raise ₹425 crore, consisting of a ₹345 crore fresh issue and an ₹80 crore offer for sale. The company is described as being based in Surat. Steamhouse has not yet disclosed IPO dates or the IPO issue price. No other financial metrics or prior funding rounds were reported in the provided article.

Participated · Series B · Apr 2026

Kimbal’s core business centers on Advanced Metering Infrastructure (AMI), which the company says remains its largest vertical with over 10 million AMI endpoints deployed. In addition to AMI, Kimbal develops products for power quality, energy management, and battery storage. The company plans to use its latest funding to advance product development across those areas, expand manufacturing operations, and seed international expansion. Kimbal was founded in 2011. Leadership has stated the company will deepen engineering capabilities and scale faster following the Series B. Existing investor Niveshaay increased its stake in the round, and GEF Capital Partners joined as a new sustainability-focused backer.

Led · Equity · Dec 2025

Indian Snack House was founded in Tamil Nadu and positions itself as a clean-label traditional snacks brand that avoids palm oil, preservatives and additives. Its product portfolio includes regional items such as Nagercoil Banana Chips and Kovilpatti Kadalai Mittai (peanut chikki), which have helped build a loyal and growing consumer base. The company currently sells through its own website and third-party platforms including Swiggy, Zomato, Zepto and Instamart, and operates stores in Bengaluru, Chennai, Mumbai and Coimbatore. It has also opened stores in partnership with Indian Oil Corporation Limited to access high-footfall fuel retail locations. Financially, early Niveshagya investors who backed the company at a valuation of ₹7.5 crore and participated in an interim ₹2.14 crore round have exited via secondary sales with more than 4x returns. With Pre-Series A funding closed, the company plans to accelerate growth by expanding into new cities and opening over 200 new outlets.

Led · Equity · Oct 2025

CIMCON Software designs and manufactures remote terminal units (RTUs) and develops Supervisory Control and Data Acquisition (SCADA) software that together deliver end-to-end automation for utilities and infrastructure operators. Its platform enables data-driven operations for water utilities, street-lighting networks, and oil & gas assets, combining rapid deployment, lifecycle O&M support, and improved operational efficiency. The company works with utility firms and EPC partners across India and international markets and has technical approvals in more than 11 Indian states. CIMCON plans to expand its manufacturing capacity and scale delivery operations both domestically and abroad. Management expects to close FY25 with approximately Rs 100 crore in revenue while maintaining EBITDA margins above 30%. Newly secured capital will bolster working capital, fund large O&M contracts, and support capacity expansion in utility automation and digital infrastructure.