Participated · Equity · Mar 2026

Mufin Green Finance operates a suite of technology-driven lending platforms, including Mufin Pay, Vouchagram India, BimaPay and Hindon Mercantile Limited, to extend credit to segments traditionally overlooked by mainstream banks. Its offerings span insurance-premium financing via BimaPay, salary-advance products aimed at government employees, and other fintech-led credit solutions. The company positions itself around sustainable, inclusive finance and leverages digital tools to improve underwriting and disbursement efficiency. With a multi-platform approach, Mufin Green Finance seeks to deepen wallet share across its ecosystem while maintaining a focus on responsible lending. The newly secured capital will be used to bolster its balance sheet, scale product capabilities and expand market reach, helping accelerate disbursement growth and operational efficiency. Management expects the strengthened capital base to support significant expansion and improved profitability in coming quarters.

Participated · Equity · Feb 2026

Founded in 2011, Pepperfry connects consumers with over 10,000 furniture and home-decor products from brands such as Godrej, Springfit, and Spacewood. The company follows a marketplace model that combines e-commerce with a nationwide network of 200+ Pepperfry Studios spanning 100+ cities. After raising more than $275 million to date, Pepperfry’s post-money valuation is projected to drop 44 % to Rs 1,661 crore (~$185 million) following its latest share issue. Financially, operating revenue declined 14 % year-over-year to Rs 163 crore in FY25, though net losses narrowed 27 % to Rs 85 crore. The fresh capital will fund business expansion, support subsidiaries, cover working-capital needs, and general corporate purposes. Despite revenue pressure, management continues to expand its offline footprint and streamline costs to move toward profitability.

Participated · Equity · Dec 2025

Founded in 2013 by Saurav Bhaik, Tagbin develops tech-driven experiential products that blend artificial intelligence, augmented and virtual reality, and robotics. Its offerings include digital museums, brand centres, smart-city installations, hologram exhibits, and AI strategy labs for government agencies. Notable projects include the Pradhanmantri Sangrahalaya museum, the Netaji Subhas Chandra Bose hologram at India Gate, and the nationwide Har Ghar Tiranga campaign. Tagbin also builds predictive policing platforms and AI command-and-control centres, underscoring its role in technology-enabled governance. The company plans to use fresh capital to scale operations in India and abroad while deepening its AI and creative-tech capabilities. Management has set a goal of taking Tagbin public by March 2027. No revenue or user figures were disclosed in the articles, but the firm positions itself as a leader in experiential technology deployments across multiple sectors.