Participated · Series A · Sep 2025

Founded in 2022 by Naimisha Rao, Dilip Jain and Manthan Shah, Gullak offers a gold savings app where users can set up SIPs from as little as ₹100 per day or make one-time gold purchases. The company positions itself as a neutral redemption layer, partnering with multiple major jewellery chains rather than building its own retail brand, and already supports redemptions at 5,000 outlets across India as well as doorstep delivery of gold coins and cash withdrawals. Gullak reports three lakh active transacting users who collectively have saved more than 1,000 kg of gold on the platform, with the average customer saving about ₹7,000 per month. The business currently generates $2.5 million in annual recurring revenue and has set a target of reaching $10 million ARR and one million users within the next 12 months. Revenue comes from small spreads on gold transactions and value-added services. By focusing on Tier-II and Tier-III cities, the firm aims to capture a broader middle-income demographic interested in disciplined gold investing.

Led · Seed · Sep 2025

FarmDidi is a direct-to-consumer pickle and condiments brand that enables rural women to produce homemade, chemical-free products at the farmgate. The company blends traditional recipes with modern food-safety protocols and a tech-enabled model to deliver clean-label, traceable products. It operates a community of women micro-units (“Didis”) and claims to be the number one pickle brand on Amazon India with four of the top ten best-sellers. FarmDidi reports an ARR of Rs 18 crore and fulfills over 30,000 monthly orders. The founders plan to use new funding to strengthen the team, invest in R&D, enhance tech-led quality systems, and expand the Didi community from about 2,000 to over 5,000.

Led · Seed · Aug 2025

Harajuku Tokyo Café operates two formats: a full-service café and a quick-service Bakehouse, supported by a central kitchen in Delhi NCR to ensure consistency and faster service. Founded in 2021 by Gaurav Kanwar, the brand currently runs seven outlets across Delhi NCR and Mumbai. It reported annual recurring revenue of over Rs 30 crore and competes with Asian dining chains such as Shizusan, Mamagoto, and Kofuku. The company is expanding geographically, with letters of intent signed for locations in Delhi NCR, Mumbai, Ludhiana and Chandigarh. Harajuku is diversifying into packaged foods through a D2C vertical, KoiKoi Essentials, offering ramen kits, sauces and frozen meals. Management plans to scale to 90 outlets across 20 cities and cross Rs 200 crore in revenue by 2027.