Led · Series C · Mar 2022

Launched in 2016 and operated by Pep Technologies Pvt. Ltd., mCaffeine is focused on millennial lifestyle personal care with mass-premium caffeine-infused offerings across face, hair, body and lip categories. The brand emphasizes vegan, cruelty-free, SLS- and paraben-free formulations and claims best-sellers on Amazon and Nykaa. It is present in more than 5,000 offline stores across India and has expanded globally to three countries. mCaffeine plans to expand into about 12 international markets including GCC countries (Saudi Arabia, UAE, Qatar, Bahrain, Oman, Kuwait), parts of Europe and the United States, and to adapt formulations for regional needs. Management says the company will scale R&D, strengthen brand awareness, and fortify marketing and distribution (online and offline). The team also intends to pursue acquisitions of small beauty brands to broaden its footprint. mCaffeine is a digital-first, Mumbai-based personal-care brand built around caffeine as the primary ingredient across face, hair, and body care. The company currently offers about 20 products formulated after extensive R&D and clinical/dermatological testing and manufactures its products in India. Over four years it has sold more than 2.8 million products, amounting to Rs. 100 crores, and has bounced back from COVID-19 disruptions to surpass its pre-COVID revenue run rate. Products are available across 18,000 pin codes and on its own e-commerce site as well as Amazon, Nykaa, and Flipkart. The company plans to scale up R&D significantly, expand digital and offline distribution, grow operations and brand building, and launch 15–20 new products in the next year. mCaffeine is a Bombay-based personal care brand founded in 2016 by Vikas Lachhwani and Tarun Sharma that positions itself as India’s first caffeinated skin and hair care company. It currently sells close to 10 products and reports having served more than half a million customers. The startup distributes through its own e-commerce portal and major marketplaces including Amazon, Nykaa, and Flipkart, and is available across 18,000 pin codes. The company plans to use the new funding to grow its online and offline presence and to invest in research and product development. mCaffeine intends to expand its portfolio by about 30 products in the next 12 months and is targeting one million customers and a ₹100 crore annual revenue run rate by 2020. The brand emphasizes a mass-premium, customer-driven approach aimed at young millennials in India.

Led · Series B · Jun 2021

GoBOLT, owned by Camions Logistics Solutions Pvt Ltd, operates as a logistics solution provider in India. The company focuses on delivering technology-enabled logistics services, though the Series B announcement did not disclose detailed product specifications. Existing investor Aavishkaar Capital’s continued participation signals confidence in GoBOLT’s operating model. The fresh capital is expected to bolster the company’s growth initiatives and strengthen its service capabilities. No specific information on revenue, user metrics, or profitability was provided in the funding disclosure.

Led · Equity · Mar 2021

TenderCuts operates as an omnichannel fresh meat and seafood brand that sells fresh meat and seafood through its stores and channels. Over the past year the company says it achieved profitability and focused on strengthening unit economics, improving supply-chain efficiencies, and restructuring store operations. Management describes this period as a meaningful reset of its operating and financial model that provides clear visibility on profitability and capital efficiency. The company plans to scale in a measured and sustainable manner from this foundation. TenderCuts raised $2 million in debt from Lakme Finance to provide working capital and to expand operations across its core markets while maintaining operational discipline.

Led · Series B · Mar 2020

SMEcorner is an NBFC fintech that provides small-ticket business loans to micro, small and medium enterprises and unorganized retail shopkeepers using a tech-enabled underwriting stack. The company uses proprietary scorecards, OCR tools and other machine-learning/AI techniques to accelerate credit underwriting. It operates an asset-light, co-lending model and is present across 15 cities in four Indian states. SMEcorner obtained its NBFC license in February 2018 and has serviced over 8,000 unique customers, disbursing more than INR 550 crore since licensing. The startup plans to rapidly scale lending partnerships and market expansion, target lending INR 1,000 crore by the end of the next financial year, and add over 20,000 new customers while continuing to build proprietary technology.

Participated · Equity · Nov 2018

InCred Finance operates as a tech-enabled lender focused on consumer loans, student loans, and MSME lending. Founded in 2016 by Bhupinder Singh, the company manages a loan book of Rs 7,500 crore. It is part of the broader InCred Group, which also includes wealth and asset management, investment banking, and retail bonds businesses. Sixteen months ago the firm completed an all-stock merger with KKR India Financial Services, creating InCred Financial Services. KKR, Teacher Retirement System of Texas and Abu Dhabi Investment Authority together hold a little more than a third of the merged entity. The company says it will deploy fresh capital across its core verticals and aims to eventually list the business to unlock value for shareholders. InCred is a digital lending platform focused on consumer and SME lending across four verticals: consumer finance, education, budget housing and SMEs. The company is using new capital to diversify its lending business model and to incubate new businesses. Investors expect the firm to broaden its product set and explore new segments; a July report indicated a possible move into wholesale lending. InCred has a prior funding history of about $75 million raised in 2016 in a round led by Anshu Jain. In September it was reported to be in talks to raise Rs 1,000 crore via equity selling. The article does not report revenue or user metrics.