Led · Equity · Feb 2024

Keus develops and installs a cutting-edge smart home automation system for premium homes, working closely with interior designers and architects. The company has installed its system in more than 1,500 upscale homes and serves high-end and luxury homeowners. Keus was founded in 2017 and is based in Hyderabad. The startup plans to expand into tier I and II cities and open new experience centers in Delhi NCR, Bangalore, Pune, and Mumbai while strengthening its position in Hyderabad. It also intends to position the brand more strongly in the premium homes segment and develop new product offerings in lighting and home automation. The company completed its first external fundraising round in which outside capital was secured to support these plans.

Participated · Series D · Jan 2024

Launched in 2008 by Sagar Daryani and Binod Homagai, Wow! Momo operates over 850 outlets across more than 90 cities under brands including Wow! Momo, Wow! China, Wow! Chicken, and Wow! Kulfi. The company reported revenue of Rs 470 crore in FY24 (up 13% from FY23) and losses of around Rs 114 crore; it says revenue rose over 30% to about Rs 640 crore in FY25 and expects Rs 850 crore in FY26, targeting Rs 1,200 crore by 2027. Wow! Momo has diversified beyond its core QSR business, with its FMCG arm having crossed Rs 100 crore in revenue. The company has raised over $140 million to date, including a $42 million Series D led by Khazanah Nasional in January 2024, and last year secured roughly Rs 300 crore across multiple equity and debt rounds. Management plans to accelerate store expansion while using recent capital for refinancing, corporate purposes, and growth investments.

Participated · Equity · Aug 2022

CredAble digitizes corporate-led financing and underwriting to provide working-capital solutions to financial institutions, MSMEs, and corporates of all sizes. The platform reports over 125 corporate clients, more than 350,000 small business borrowers, and partnerships with over 35 major banks and financial institutions. Founded in 2017 by Nirav Choksi and Ram Kewalramani and based in Mumbai, the company grew operating revenue from Rs 4.92 crore in FY22 to Rs 13.94 crore in FY23 while reporting losses of Rs 22.40 crore in FY23. The article states CredAble secured Rs 30 crore in debt from SIDBI and a $10 million injection led by Equentia Natural Resources; the piece also reports total raised as nearly $60 million while a header lists $8.11M. CredAble plans to expand product lines and extend its financing scope, and has allocated Rs 200 crore to support over fifty women-led enterprises. Its growth-oriented strategy emphasizes digitization and partnerships with corporates and banks despite increased losses as it scales. CredAble (tradename for Equentia SCF Technologies Pvt Ltd and its wholly owned Equentia Financial Service Pvt Ltd) offers working-capital financing for vendors, distributors, dealers and retailers. The platform positions itself as a preferred working-capital solution provider to enterprise customers and financial institution alliances and emphasises fintech–bank partnerships to improve customer experience. It plans to use fresh funding to expand growth and deepen ties with existing enterprise customers and bank partners. CredAble was incorporated in July 2018. Financially, the company reported total income of Rs 8.35 crore in FY22, Rs 2.46 crore in FY21 and Rs 27.64 crore in 2019–20. Nirav Choksi, co‑founder and CEO, said the investment validates CredAble's journey and alignment with incoming investors' vision. CredAble is an AI-powered technology platform that provides working capital financing across enterprise ecosystems using digital KYC and onboarding, deep ERP and bank integrations, and digital documentation and transaction management. The company offers payable and receivable financing, inventory financing, securitization, debt capital markets solutions, and SME financing by partnering with capital providers and leveraging trade finance expertise and data analytics. CredAble plans to use its new funding to enhance its platform, innovate continuously, and penetrate deeper into enterprise ecosystems. It intends to deliver tailor-made working capital solutions for small businesses and develop innovative debt capital market products for corporates and financial institutions. The firm has received recognition including NASSCOM Emerge 50 (Fintech category), Best Supply Chain Finance Solution of the Year (Inflection 2019), participation in Oracle Startup Cloud Accelerator (2018) and SAP Startup Studio Cohort (2020), and an award from the Maharashtra Government as Best FinTech Startup (2018).

Led · Series A · Nov 2021

Operated by Mformillet Foods Pvt Ltd and founded in 2018 by Raju Bhupathi, Troo Good began by making millet-based chapatis and parathas for schools and IT companies and has expanded its product pipeline. The company markets millet snacks and related products and currently has a presence in Hyderabad and Andhra Pradesh. Troo Good says it is looking to upscale rapidly and will use the new capital to expand into several more Indian states. In the past three years the company sold around 100 million products. Financially, Troo Good recorded about Rs 12 crore in revenue in its first year of operations and expects to reach Rs 100 crore in revenue within the next 18 months. The Series A proceeds are intended to support distribution and growth initiatives as the company scales.