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The Venture Codex

Pratithi Investment Trust

No. 515, 1st Cross, 12th Main, IV Block, Koramangala, Bangalore, Karnataka, 560034, India

Overview

Our thesis is to invest in growth/late stage startups with great founders/products and startups having a high standard of corporate governance. We are sector angostic. We are focused on supporting entrepreneurship, technological advances and scientific research in India.

Total investments
9
Lead investments
1
Investments · 12mo
2
Active investors
0
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Investment portfolio

  • Planys Technologies

    Participated · Equity · Dec 2025

    Founded in 2015 by IIT-Madras alumni and professors, Planys Technologies builds hybrid remotely operated vehicles (ROVs), robotic crawlers and autonomous underwater vehicles (AUVs) that inspect hard-to-reach marine and industrial infrastructure. Its platform combines patented hardware—21 granted patents and 15 pending—with an AI-enabled 3D Inspection Twin to deliver advanced non-destructive testing, including the world’s only underwater concrete testing solution for infrastructure. The company has logged more than 25,000 operational hours across 500 sites in over 10 countries for 150+ enterprise customers such as Reliance Industries, Shell and Saudi Aramco. Planys is now creating an explosion-proof ROV called TankRover for in-service hydrocarbon tank inspections and is scaling a defence-focused subsidiary, Planys Ark, to supply mission-ready unmanned underwater vehicles (UUVs) for mine countermeasures, ISR and expendable missions. Backed by three iDEX challenge wins, it is also planning a new UUV production facility in South Chennai with advanced fabrication and testing capabilities. International expansion is underway through partnerships with Applus Velosi in Qatar and HUB71 in Abu Dhabi, aimed at broadening global inspection delivery and product commercialisation.

  • Agnikul

    Participated · Debt Financing · Nov 2025

    AgniKul Cosmos is a space-tech startup led by CEO and co-founder Srinath Ravichandran. The company was publicly highlighted when it secured a ₹25 crore equity investment from TIDCO under the TIDCO Startup Investment Policy 2025. The investment is presented as part of Tamil Nadu’s initiative to support deep-tech and advanced manufacturing startups through a newly structured venture investment framework. AgniKul’s leadership has engaged directly with state officials, and the company framed the funding as an endorsement of Tamil Nadu’s intent to build a technology hub. Beyond the equity commitment, the article does not disclose additional financial metrics, specific products, or revenue figures.

  • Myelin Foundry

    Participated · Equity · May 2024

    Myelin Foundry is positioned as an artificial-intelligence startup, though specific product details were not disclosed in the available article. The company has attracted investor interest on the strength of its AI capabilities and market opportunity. A recent infusion of capital underscores both the firm’s growth potential and the confidence investors have in its technology stack. While quantitative operating metrics such as revenue, users, or profitability were not shared, the new funds provide additional runway for product development and commercial expansion. Management has not publicly shared future product road-maps or sector focus in the referenced material. The company’s financial standing has been strengthened by the latest ₹48 crore raise, which adds to its balance sheet and supports scaling initiatives.

  • Vahdam

    Participated · Series D · Sep 2021

    Vahdam India is a six-year-old DTC brand that retails tea, spices and superfoods under a home-grown label across global markets. It directly sources tea and spices from farms and estates and owns an in-house manufacturing unit in the national capital region, leveraging technology to cut out middlemen and disrupt traditional supply chains. The company plans to use new capital to expand distribution across online and offline channels, enter new geographies and complementary categories, invest in R&D and strengthen its management team. Financially, Vahdam more than doubled income in FY21, clocking over Rs 160 crore in net revenues versus Rs 75 crore in FY20, and has achieved EBITDA profitability. Post this round, total funding to date stands at Rs 290 crore and the company’s valuation is about Rs 700 crore. Management targets reaching Rs 500 crore in revenue over the next three years.

  • Cropin

    Participated · Series C · Jan 2021

    Cropin describes itself as the world’s largest deployed AI platform for food and agriculture, offering an AI-powered decision-support system for farmers and agribusinesses. Its core product, FIRST Potato, integrates crop-specific intelligence, real-time field data from sensors, satellite imagery, weather stations, IoT devices, Cropin’s proprietary data models, and predictive analytics to deliver plot-specific daily advisories. The platform helps farmers optimize irrigation, input usage, and residue management to adopt regenerative practices without compromising yield or quality, improving soil health and reducing environmental footprint. Cropin has secured a €700,000 AI deal under EIT Food’s Impact Funding Framework to scale the FIRST Potato deployment across Europe. Planned activities include scientific validation on pilot farms in Denmark and commercial pilots with two potato processors in Germany and the UK, in partnership with Aarhus University. The company is actively engaging in strategic commercial partnerships and is in advanced discussions with several UK and European agri-food brands, expecting to close multiple pilots before the end of the current financial year. Cropin offers an intelligent agriculture cloud platform (Cropin Cloud) and a suite of AI, machine-learning and remote-sensing SaaS solutions that help agribusinesses digitize operations from farm to fork. The company provides actionable, near–real-time farm data and predictive intelligence across crop types and geographies. Cropin reports partnerships with 250+ organizations, has digitized over 16 million acres, reached nearly 7 million farmers, and built intelligence for 400+ crops and 10,000+ crop varieties in 56 countries. Founded in 2010 and headquartered in Bangalore, Cropin focuses on making farms and harvests traceable, predictable, and sustainable. The company plans to expand Cropin Cloud’s capabilities, invest in go-to-market efforts, and develop next-generation predictive intelligence through Cropin AI Labs. Cropin says the new funding will support regional and industry expansion and solutions that address sustainable agriculture and global food security. CropIn offers SaaS and data solutions—notably SmartFarm (farm and agronomy management) and SmartRisk (machine-learning predictive analytics)—that help agri-enterprises improve efficiency, traceability, productivity, and sustainability across crop value chains. SmartRisk combines computer vision, deep learning, multispectral imagery, field scouting data, and hyperlocal weather to analyze over 388 crops and nearly 9,500 variants across trillions of data points. The company reports SmartRisk has processed more than 160 million hectares, has impacted 13 million acres and 4 million farmers to date, and could potentially reach 70 million farmers in the next 3–5 years. Smallholder farmers served by CropIn’s platforms have seen crop-yield increases of nearly 25% in the first year after adopting recommended practices. CropIn is investing the new capital to deepen AI capabilities, continue innovating SmartRisk, and expand globally—recently opening an Amsterdam office and hiring local leaders to drive growth in Europe. With partnerships spanning development finance institutions and government entities in 52 countries, CropIn focuses on digitization, predictability, traceability, financial inclusion, climate-smart agriculture, and sustainability. CropIn provides SmartFarm, a ground-to-cloud technology platform for plot-level farm management that is deployed through agribusinesses' field agents to enable B2B2F operations. The company also develops a machine-learning-based risk product called SmartRisk. It currently monitors about 3 million acres across 2 million farmers and serves 180+ customers, including large agribusinesses, banks, government bodies and development agencies, across 29 countries. CropIn plans to scale its platform in India and globally to monitor more than 10 million actively monitored acres across 7 million farmers. The company is co-founded by Krishna Kumar, Kunal Prasad and Chittaranjan Jena and is based in Bengaluru. Financially, the startup has raised a total of $12M to date. CropIn Technology Solutions is a Bengaluru-based agri-tech startup founded in 2010 by Krishna Kumar that provides a cloud-based software platform to help farmers track produce and consignments. Its offering includes enterprise resource planning and business intelligence with a built-in traceability system and tools to manage the field workforce. The platform collaborates with participants across the supply chain to monitor the status of farm produce. CropIn plans to invest the recent funding in technology, data science and predictive technologies to detect and predict crops in different regions. The company has raised about $4 million to date; the current pre-Series A amount was undisclosed. In August 2016 it raised $2 million from Denmark’s Sophia Investment ApS in a transaction that valued the company at $12 million.

Team

No current team members are available.