Participated · Seed · Apr 2026

Ivory, co-founded by Issac John and Rahul Krishnan and launched in early 2023 in Mumbai, develops clinical-grade cognitive assessments and personalised brain health solutions delivered through its app. The platform combines neuroscience, neuropsychology, and data-driven interventions and is supported by a multidisciplinary clinical team including neuroscience, neurology, general medicine, and neuropsychology professionals. Ivory aims to make cognitive screening accessible and trackable as part of preventive care and has been expanding partnerships across the healthcare ecosystem, including a collaboration with Metropolis Healthcare to launch the TruHealth Mind & Body package. The company has raised multiple rounds to date, including $1M in April last year (co-led by IIM-A Ventures and Capital A), $500K from Capital A in February 2024, and the recent $1M seed round from Draper Associates, SAGE Venture Fund, MoSJE, IFCI Ventures, and SIDBI. Ivory plans to use the new proceeds to strengthen its technology stack, expand clinical capabilities, and enhance product offerings to build scalable, evidence-based solutions. The company has gained public visibility through an appearance on Shark Tank India.

Participated · Seed · Dec 2025

Lumov is a Bengaluru-based medical device startup that designs and produces clinically validated orthotics, rehabilitation aids, and pain-management solutions for musculoskeletal (MSK) care. Working closely with orthopedic specialists at hospital chains such as Manipal, Apollo, Sakra, and AIG, the company tailors its products for Indian patients recovering from surgery or managing chronic pain. Co-founded by Saumaric Dangwal and Ankit Gupta, Lumov positions itself as the "physical product layer" complementing advances in diagnostics and care delivery. The firm currently employs about 15 people and intends to grow its team as it scales manufacturing, product development, and market reach. Near-term expansion plans include entering Delhi-NCR, Hyderabad, and Mumbai and deepening sales and clinical partnerships. Capital raised will also accelerate R&D across post-surgical recovery and rehabilitation categories.

Participated · Equity · Nov 2025

Tsalla Aerospace, founded in 2019 and incubated at the Indian Institute of Science, creates an AI-based autonomy stack that allows drones and other unmanned platforms to operate without GPS or communications. The company designs, fabricates and integrates both fixed-wing and multi-rotor UAVs, providing end-to-end services from prototyping through full production. Its "AI Pilot" enables fully autonomous, zero-operator missions, and the firm collaborates with the Indian Navy and Army on confined-space reconnaissance, backpack-portable VTOL craft and ship-to-ship logistics solutions. Tsalla envisions a unified autonomy ecosystem linking satellites, aircraft, ground vehicles, ships and underwater platforms. In its first external raise, the startup secured $1 million, supplemented by equity-free defence grants, to expand R&D, manufacturing and market reach. Management is planning an additional $8 million Seed round to scale its autonomy stack globally across defence and industrial markets.

Participated · Series A · Sep 2025

Founded in 2021 by Apurwa Masook, Rounak Agrawal, and Sudarshan Samal, SpaceFields designs and manufactures solid-fuel powered propulsion systems for UAVs, rockets, and spacecraft. The company targets both defence and commercial aerospace markets and has already secured four defence contracts through the Ministry of Defence’s iDEX initiative. SpaceFields holds patents on four indigenously developed propulsion technologies, underscoring its technical differentiation. Management plans to use fresh capital to scale manufacturing capacity, obtain key regulatory certifications, and expand engineering, operations, and business teams. The firm is positioning itself as a provider of critical, sovereign, dual-use technologies within India’s defence and aerospace value chain. To date, SpaceFields has raised a cumulative $6.3 million, including a $1.3 million seed round earlier in 2024 and the current pre-Series A financing.

Participated · Debt Financing · Sep 2025

EcoSoul Home designs, manufactures, and markets a range of sustainable home-essentials such as tableware, trash bags, and related household products. Headquartered in Noida, India, the company operates five owned manufacturing plants across Uttar Pradesh, Uttarakhand, Karnataka, and Chhattisgarh, supplemented by 11 contract manufacturing units. Roughly 75 % of EcoSoul’s revenue comes from outside India, with current distribution spanning over 12 countries. Management plans to use new capital to double manufacturing capacity, add new product lines, and deepen omni-channel retail presence in the United States, United Kingdom, Europe, GCC nations, and India. Future initiatives include launching a more value-centric brand, expanding into the B2B segment, and entering additional markets such as Saudi Arabia, Oman, Qatar, Bahrain, France, Spain, Portugal, and Italy. Including the latest raise, the company’s cumulative funding exceeds $50 million.