Pontaq
71-75 Shelton Street, London, Greater London, WC2H 9JQ, United Kingdom
Overview
Pontaq, trading name of Anugraha Ventures Limited, is a UK registered venture capital fund, with a core USP of cross border technology transfer between UK and India. Since inception in 2015, the firm has been capitalizing on the massive opportunity of “#Innovation #Startup #Scaleup” through its UK India Innovation Funds (UIIF), whilst creating sustainable economic development through jobs creation in both the economies.
- Total investments
- 3
- Lead investments
- 0
- Investments · 12mo
- 2
- Active investors
- 1
Sector focus
- Venture Capital
Investment portfolio
- TrackerSuite AI
Participated · Series A · Jun 2026
Founded in 2021 by Neha Chandra and Rishab Chandra, TrackerSuite AI offers an integrated platform that enables businesses to manage sales, workforce operations, inventory, task execution, attendance, and reporting through a single AI-powered operating system. The platform aims to replace fragmented workflows and manual processes by providing intelligent automation and actionable insights. TrackerSuite serves more than 1,800 businesses across 25 countries, including customers in India, the Middle East, and Southeast Asia. With the Rs 6 crore pre-Series A raise, the company plans to strengthen its AI capabilities, expand enterprise-grade offerings, accelerate customer acquisition, deepen ecosystem integrations, and support global expansion. The articles did not disclose revenue, valuation, or prior funding details.
- Coratia Technologies
Participated · Equity · Nov 2025
Coratia Technologies is a deep-tech company that designs and manufactures advanced Autonomous Underwater Vehicles (AUVs) and Remotely Operated Vehicles (ROVs) such as Jalasimha, Jaladuta, Oceanus and Navya. Incubated at NIT Rourkela by founders Debendra Pradhan and Biswajit Swain, the firm targets dual-use markets that span critical naval missions and commercial infrastructure inspections. Its technology was recently validated through a ₹66 crore contract from the Indian Navy for the UWROV Jalasimha, underscoring its strategic relevance to India’s “Make in India” and iDEX programs. Previous domestic customers include Indian Railways and IOCL Paradip, and the company has begun demonstrating its systems internationally, including in Brunei Darussalam for subsea energy infrastructure inspections. To date, Coratia has attracted more than ₹22 crore in venture funding, including over ₹17 crore from MGF Kavachh and Pontaq Ventures in July 2025 and a new ₹5 crore round led by Piper Serica Angel Fund. The fresh capital will be directed toward expanding R&D, scaling manufacturing to meet naval and commercial demand, and building a global export-oriented supply-chain. Management aims to position the company as a cornerstone of India’s emerging blue-economy while maintaining a strong technological moat in underwater robotics.
- DevicePilot
Participated · Equity · May 2019
DevicePilot is a London-based software company that builds a Service Monitoring platform for businesses with large networks of connected IoT devices. The platform collects data from individual devices and produces KPIs such as device uptime and site availability. It enables businesses to check SLA adherence and carry out root-cause analysis when service issues occur. The company says the new funding will allow it to expand the Service Monitoring platform. Company leaders framed the investment as helping DevicePilot reach the next level as connected-product companies require real-time oversight. After the latest injection, DevicePilot has secured more than £3 million in total investment. DevicePilot is an IoT analytics platform offered as SaaS and designed to work across verticals. Its product emphasizes zero-code integrations with leading device manufacturers, cloud IoT services (AWS, Azure, Google) and business platforms like Zendesk, Salesforce, and Slack. The solution can be installed via sensors in a maximum of 15 minutes, targeting non-technical users and rapid deployment. Founder Pilgrim Beart, who previously built Hive (sold to British Gas for $100 million) and Antenova, is leading the company. DevicePilot recently secured $19 million in fresh funding to expand the platform. Investors named in the article include Maria Dramalioti-Taylor/Beacon Capital, Pontaq, 8point Capital, Skyscanner, Moonfruit and Pachube; Maria will join the board alongside chairman Rob Dobson. DevicePilot is a cloud-based connected device management platform that enables developers to locate, monitor and manage connected devices at scale. The service emphasizes proactive management of the entire device lifecycle. As of May 2016 the platform was in alpha. DevicePilot raised £600k ($900k) in angel funding. The company said it will use the funds to continue developing the platform. DevicePilot is based in Cambridge, UK, and its team includes CEO Pilgrim Beart, Chair Rob Dobson, CTO Toby Jaffey, COO Keith Reed and CMO Gordon Ellis-Brown.
Team
Prem Barthasarathy
Managing Partner
LinkedIn