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The Venture Codex

Rocket Capital

WeWork, Weesperstraat 61, Amsterdam, North Holland, 1018 VN, Netherlands

Overview

Rocket Capital is a VC fund focusing on New Media Technology start-ups globally. We invest in pre-Series A, Series A & Series B companies and help founders scale in Asia.

Total investments
5
Lead investments
0
Investments · 12mo
1
Active investors
1
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Investment portfolio

  • Knight FinTech

    Participated · Series A · Jan 2026

    Founded in 2019, Knight FinTech develops core infrastructure that lets banks, large NBFCs, and digital platforms originate, distribute, and manage loans while overseeing liquidity and treasury operations. Its modular stack covers co-lending, digital lending, embedded finance rails, and a treasury management system that tracks liquidity, risk, borrowings, and investments. The company already supports more than 150 partnerships across 85 lenders—including Bank of Baroda, ICICI Securities, Bajaj Auto, and NABARD—and has facilitated over $7 billion in loan disbursements with more than $5 billion in active assets on the platform. Knight’s treasury product manages over $125 billion in assets for clients. Looking ahead, the Mumbai startup plans to expand into Asia-Pacific and Gulf markets while using fresh capital to deepen product capabilities. Management targets scaling annual revenue to $85–100 million within four years and aims to push assets under management beyond $50 billion. Prior to the latest financing, the company had raised roughly $6 million, bringing total capital to $30 million to date.

  • EloElo

    Participated · Series B · Sep 2023

    Eloelo offers a creator-led social gaming and livestreaming platform featuring audio and video live chat rooms with interactive games. The company builds IPs around these offerings to support creators’ content. Founded in 2020 by Saurabh Pandey and Akshay Dubey in Bengaluru, Eloelo raised $22M in a funding round. The round was led by Courtside Ventures and Griffin Gaming Partners, with participation from Mixi, Waterbridge Ventures, Lumikai Fund, Kalaari Capital, Convivialite Ventures, and Rocket Capital. Eloelo intends to use the funds to expand its business reach. The company plans to develop tools such as AR filters, AI-based moderation, and analytics to improve creator engagement and watch time. Eloelo is a homegrown live video streaming platform focused on creator-led interactive live experiences. Founded in August 2020 by ex-Flipkart executives Saurabh Pandey and Akshay Dubey, the startup enables creators to host live video rooms, build interactive communities, and monetize directly from fans. The product emphasizes a wide range of tools for creators and support for low-spec devices in tier-2/3/4 Indian markets to broaden access. Eloelo has crossed over 3.5 million users and 40,000 creators and reports 40% month-over-month growth. The company is preparing monetization at scale, exploring NFTs for top creators, and plans to expand its tech, product, and content teams while fostering new creator partnerships. To date the startup has raised roughly $16 million in total funding. Eloelo operates a creator-led live social gaming platform that brings indigenous activities such as tambola, antakshari, chidiya udd, and musical chairs to live formats with creators hosting games for their communities. Founded in August 2020 by Saurabh Pandey and Akshay Dubey, the company emphasizes creator partnerships and interactive entertainment to unlock monetisation for creators. Over the past six months Eloelo reports a 15x spike in users, crossing one million users and recording over 100 million game events, while onboarding over 15,000 influencers organically. Users reportedly spend 30–35 minutes daily on the app enjoying live games and streams. The company plans to use new funding to launch multiple creator-led live game and event formats and scale the platform toward the next 10 million users. Eloelo is a short-video social commerce app offering curated 60-second videos by top influencers, expert answers, and gamified shopping rewards focused on beauty, health and lifestyle. Launched two weeks before the article, the platform targets Bharat millennial users with a content-community-commerce blend. The company reported ~20,000 downloads within 15 days, over 80% from non-metro cities, and nearly 700,000 actions on the platform. The fresh seed funding will be used to build the core tech and non-tech team, pursue new product initiatives, and drive user acquisition. Eloelo positions itself as a discovery and distribution channel for brands in the beauty and wellness verticals through trust-driven short-form content. With the current round the startup's valuation stands at $2 million.

  • Admix

    Participated · Series B · Oct 2021

    Admix builds an "In-Play" advertising platform that places programmatic, non-intrusive ads inside games, e-sports, virtual reality and augmented reality environments. The company is focused on providing infrastructure to automate ad serving and enable creators to monetize real-time 3D content. Admix says its tech scales across 300+ games and hundreds of advertisers, with roughly 90% of advertisers self-onboarding over the last two years. It has signed In-Play campaigns with brands including Calvin Klein, Schuh, Movember and Sky. The team positions the product for upcoming metaverse platforms and broader Web 3.0-style real-time 3D interactions. Admix competes with firms like Bidstack, Adverty, Anzu and Frameplay but emphasizes infrastructure and automation as its differentiators. Admix builds an SDK that enables developers to place programmatic ads inside games, esports, virtual reality and augmented reality. The SDK supports Unity and Unreal and allows developers to drag and drop ad formats such as billboards, posters and 3D spaces into their games. Admix emphasizes scalability, letting advertisers bid programmatically through traditional ad-buying platforms rather than relying on an ad-agency model. The company works with more than 200 developers and runs campaigns from more than 500 advertisers each month, with past advertisers including National Geographic, Uber and State Farm. Financially, Admix announced a $7M Series A and previously raised $2.1M; the company later added $1.5M to the Series A. Founders Samuel Huber (CEO) and Joe Bachle-Morris (COO) bring backgrounds in indie game development and the ad agency world, respectively. Admix provides a monetisation platform for AR and VR developers that enables placement of non-intrusive programmatic ads inside applications. The company positions its product as an alternative to intrusive ads that are poorly adapted to immersive formats. Admix recently partnered with Oath, the parent company of Yahoo and AOL, to broaden its media and advertising reach. Founded in 2017, the company operates from offices in London and San Francisco and employs 15 people. Management plans to double headcount within the next year. The startup has just raised $2.1 million to support its growth and product deployment.

  • Nium

    Participated · Series D · Jul 2021

    Nium is a global leader in real-time cross-border payments led by founder and CEO Prajit Nanu. Its payout network supports 100 currencies and spans 220+ countries, 100 of which operate in real-time, with disbursements to accounts, wallets, and cards and local collections in 35 markets. Nium’s card issuance business is available in 34 countries. The company holds regulatory licences and authorizations in more than 40 countries, enabling onboarding, rapid integration, and compliance across jurisdictions. Nium raised US$50M in a Series E funding round that values the company at US$1.4 billion post-money. The round was led by a sovereign wealth fund in Southeast Asia and included participation from BOND, NewView Capital, and Tribe Capital; proceeds will be used to expand its global network, accelerate product innovation, hire talent, and pursue M&A. Nium offers a global payments infrastructure through a single API, providing card issuance, accounts receivable and payable, and banking-as-a-service. Its network enables customers to send funds to more than 100 countries, pay out in over 60 currencies, accept funds in seven currencies and issue cards in more than 40 countries, and it holds money transfer, card issuance and banking licenses in 11 jurisdictions. The company processes $8 billion in payments annually, has issued over 30 million virtual cards since 2015, and reported revenue growth of more than 280% year-over-year. Nium employs roughly 700 people and is now Singapore-based while planning to shift to the Bay Area; the U.S. currently represents about 3% of revenue and the company aims to grow that to 20% within 18 months. Recent acquisitions include virtual card issuer Ixaris and Wirecard Forex India; the new funding provides a 12–18 month runway for further M&A. Management says the company is on a trajectory toward an IPO and plans to expand its payments network, product development and headcount to onboard thousands more enterprise clients. Nium is a Singapore-based company that provides cross-border payments services. The article identifies its core business as cross-border payments. It has recently secured fresh funding, indicating continued investor interest. The company raised about $21 million in the latest transaction. The investment came from Temasek Holdings. The article does not disclose operating metrics, future plans, valuation, or use of proceeds. Nium is a global financial technology platform that enables consumers and businesses to send, spend and receive funds across borders. Its core product is a diversified payments infrastructure offering Send, Spend and Receive services to consumers, SMEs, large enterprises, banks and financial institutions. The company is regulated across multiple jurisdictions — Australia, Canada, the European Union, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore and the United States — and processes billions of dollars a year. Nium currently operates in over 90 countries, 65 of which have real-time capabilities, and supports 63 currencies. The newly raised (undisclosed) funds will be used primarily for product development and tuck-in acquisitions to compress time to market, with acquisition focus on vertical expertise in Europe, India, the U.K. and the U.S. Led by CEO and co-founder Prajit Nanu, Nium serves banks, payments institutions, e-commerce players, OTAs and retail users globally.

Team