Participated · Series B · Sep 2023

Founded in 2016, Storebox operates a network of about 370 locations in 150 European cities, largely through a franchise system. Its business is split across self-storage, last-mile logistics, and click-and-collect services. The company has grown through significant past investment rounds and has been frequently labeled a "Soonicorn." Storebox has not yet achieved profitability at the group level, although its Austrian operations are already profitable. To drive group-wide profitability it is closing subsidiaries in Switzerland and the Netherlands, shifting those markets to franchise partners, and restructuring its German subsidiary via a Schutzschirmverfahren. The recent mid-seven-figure capital injection from existing shareholders, including the founders, is intended to strengthen the financial base and support organic, balanced growth during the restructuring.

Led · Equity · Jun 2017

V Resorts operates a portfolio of more than 70 resorts across 15 states in India. The company provides resort management services and works with property operators to scale inventory. It plans to use the newly raised capital to double its inventory and invest in consumer and operator interfaces. Management has initiatives to expand footprints to over 1,000 locations in India within the next two years and intends to pursue international expansion focused on Southeast Asia. The company is led by founder and CEO Aditi Balbir and recently completed a fresh funding round.