The Venture Codex Logo

The Venture Codex

PeerCapital

3rd Floor, Prestige DotCom, No 16/2, Residency Road, Bengaluru, Karnataka, 560025, India

Overview

PeerCapital is a venture capital equity fund that invests in early-stage, tech-first, multi-sector projects.

Total investments
11
Lead investments
6
Investments · 12mo
5
Active investors
2
Visit website

Investment portfolio

  • Vaaree

    Participated · Series A · Aug 2026

    Founded in 2022 by Garima, Varun Vohra and team, Vaaree operates a curated online marketplace offering more than 1.5 lakh home products across décor, furnishings, bed & bath, kitchen and lighting. The company provides an AI-powered product discovery and home styling stack, including its VibeCheck platform that helps users discover products by preference, create moodboards, visualise combinations and shop coordinated looks. Vaaree plans to expand its fulfilment and quality verification centres to bring inventory closer to customers and reduce delivery times, targeting next-day delivery across major Indian cities. The startup has raised a Series A of Rs 65 crore led by Hero Enterprise and Cap Alpha Ventures and counts investors such as Peak XV’s Surge, PeerCapital, All In Capital, Better Capital, OTP Ventures and Kunal Shah. The fresh funding will be allocated to fulfilment expansion, faster deliveries and product discovery/AI investments.

  • Spill Games

    Led · Seed · Apr 2026

    Founded in 2024 by former PlaySimple Games executives Om Misra, Tapan Ranjan and Harsh Garg, Spill Games develops free-to-play casual mobile games. The company has built an in-house game engine and tooling stack intended to accelerate development and launch timelines. Spill reports about 300,000 monthly active users across its portfolio, including a significant international user base in the US. Management plans to test over 20 prototypes and focus on building a diversified portfolio of five to ten profitable titles rather than relying on a single breakout hit. The startup raised a $3.1 million seed round from Centre Court Capital and PeerCapital, with proceeds earmarked for growth, user acquisition, backing promising titles, and deepening its technology advantage.

  • Bidso

    Participated · Series A · Mar 2026

    BIDSO integrates product design, licensing execution, and manufacturing to serve global toy and consumer-products brands. Over the past 12 months the company has more than doubled its revenue and expanded global B2B partnerships, while securing licenses for characters such as Peppa Pig, Harry Potter, Transformers, and NASA. Founding leaders Vivek Singhal, Rahul Agarwal, and Aditya bring complementary operating experience and aim to scale BIDSO's manufacturing network and design capabilities. The company is focused on expanding production capacity, its product portfolio, and hiring across design, engineering, production, and sales as it grows domestically and internationally. BIDSO intends over time to leverage its capabilities to enter adjacent consumer product categories representing a large global market opportunity. The firm emphasizes moving from contract manufacturer perception toward being a strategic partner in product development and innovation.

  • Game State Labs

    Led · Seed · Jan 2026

    Game State Labs builds a specialized data layer that captures real-time in-game events and player state data, processes that information at scale, and feeds it into AI models for gaming studios. Its tools enable developers to generate faster insights, run player-level predictive analytics, and deliver personalized experiences such as dynamic difficulty tuning, ad-pricing optimization, and tailored in-app purchase bundles. The company is already integrating its platform with partner studios to improve gameplay and retention while supporting data-driven revenue strategies. Fresh capital will be used to enhance the product, expand engineering and business teams, and pursue global expansion. Founded in 2025 by Aashbir Bhatia, Ashwin Ramakrishnan, and Jagveer Gandhi, the Bengaluru startup aims to become the underlying AI infrastructure for studios as games grow in complexity. The $2 million seed round marks its first disclosed financing and sets the foundation for scaling its technology worldwide.

  • Redacto

    Led · Seed · Oct 2025

    Redacto is a Hyderabad-based startup building an AI-driven platform that enables enterprises to automate compliance, manage sensitive data, and monitor third-party data handling. Its software integrates four core modules—Privacy Engine for automated data discovery, ConsentFlow for permission management, VendorShield for vendor risk checks, and TrustCentre for regulatory reporting and transparency—into a single system that gives companies a unified view of their privacy posture. Current customers include payment firms and non-banking financial companies, and the team is actively courting banks, fintechs, and insurers preparing for India’s new Digital Personal Data Protection Act. Founded in 2025 by Shashank Karincheti and Amit Kumar, the company positions itself against privacy-tech peers like SecurWeave, Privado, TrustCheckr, and Seclore through deeper AI integration and industry-specific workflows. Redacto recently secured a ₹12 crore (≈$1.4 million) seed round, providing its first significant external capital. The fresh funds will be used to strengthen its AI systems, grow product and engineering teams, and accelerate enterprise adoption. With new capital in hand, Redacto aims to make proactive, business-friendly compliance the standard for India’s expanding digital economy.

Team

  • Karthik Prabhakar

    Executive Director & Global Head - Fundraising

    LinkedIn
  • Ankur Pahwa

    LinkedIn