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The Venture Codex

Silverneedle Ventures

T-Hub 2.0 | 20, Inorbit Mall Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana, 500081, India

Overview

SilverNeedle Hospitality Pte. Ltd. provides hospitality services. The Company designs and manages hotels and shared working spaces. SilverNeedle Hospitality also creates virtual reality experiences for travel, real estate, and luxury brands. SilverNeedle Hospitality serves customers worldwide.

Total investments
11
Lead investments
4
Investments · 12mo
3
Active investors
3

Sector focus

  • Logistics
  • Supply Chain Management
  • Transportation
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Investment portfolio

  • Samaaro

    Participated · Series A · Oct 2025

    Samaaro provides an AI-driven software platform that turns corporate events into measurable revenue outcomes by automating promotion, attendee registration, in-event engagement, and post-event analytics. Founded by Purnank Prakash and Mayank Banka, the company serves enterprise customers such as ICICI Lombard, Modon Properties, Apex Group, the Ministry of Housing and Urban Affairs, and Varun Beverages. Its footprint spans India, the Middle East, and North America. With its latest capital infusion, Samaaro plans to strengthen brand presence across India and the Middle East, target mid-market and enterprise clients, and accelerate AI-led product innovation. The platform is positioned within the MarTech and EventTech segments, leveraging artificial intelligence to increase event ROI for its customers. No operating revenue or user metrics were disclosed in the article.

  • VAMA

    Participated · Series A · Sep 2025

    Founded in 2020 by Acharya Dev and Manu Jain, Vama blends tradition with technology by streaming temple rituals, providing on-demand astrology consultations, and selling authentic spiritual products through its Vama Mall. Temple services contribute roughly 70% of revenue, while astrology and Vama Mall account for the rest. The company doubled its revenue in FY24 to Rs 19.5 crore and expects to double again in FY25, all while maintaining contribution margins above 10% and targeting EBITDA profitability. More than 150,000 users have already transacted on the platform, and Vama aims to reach 1 million users and expand its network of partnered temples from 250 to 500 within two years. Future plans include launching additional service categories, entering offline spiritual travel, and tailoring offerings for the NRI market as it pursues international expansion. Vama competes with players such as AppsForBharat, DevDham, Utsav App, Sutradhar, and Ghar Mandir.

  • OnFinance AI

    Participated · Series A · Sep 2025

    OnFinance AI is a Bengaluru-based startup founded in 2023 by Anuj and Priyesh Srivastava to bring domain-specific generative AI to the BFSI industry. Its flagship ComplianceOS platform is powered by NeoGPT, India’s first BFSI-focused large language model trained on more than 300 million regulatory tokens, and offers over 70 intelligent agents to interpret regulations, monitor compliance, and streamline internal workflows. The company also sells InvestigativeOS, which delivers specialized capabilities such as KYC compliance, cyber-security framework adherence, vendor risk assessment, and AI-driven market-abuse surveillance. By turning traditionally manual compliance tasks into automated, data-driven processes, OnFinance AI helps banks, insurers, and asset managers maintain regulatory clarity while focusing on innovation. The startup plans to expand its proprietary models, accelerate R&D, and scale hiring in engineering and AI research. It also intends to enter international markets to broaden its customer base. Including the latest Pre-Series A round, OnFinance AI has raised a total of approximately $5.25 million in equity funding to date.

  • SuperK

    Participated · Series B · Aug 2025

    Founded in 2019 and based in Bengaluru, SuperK operates a tech-enabled grocery retail franchise model that helps small-town entrepreneurs run supermarkets. The company uses a data-driven, inventory-light approach to provide technology, procurement, intelligence, branding, and marketing at scale. Its model focuses on licensing the brand and operational tools to local operators rather than owning all storefronts directly. In FY24 SuperK reported revenue of Rs 84.5 crore (a 41% year-on-year increase) while losses rose 30% to Rs 30.67 crore; the firm had not filed its FY25 annual report at the time of the article. SuperK has raised capital in prior rounds, including a $6 million Series A led by Blume Ventures, and has raised about $24 million to date according to TheKredible. The company competes in the branded retail franchise space with players such as ApnaMart and ShopKirana (acquired by Udaan). SuperK operates walk-in, 500–1,000 sq ft franchised grocery stores carrying roughly 2,500 SKUs, focused on Tier 3–5 towns. The chain has served more than 500,000 families over the past four years across over 80 towns in Andhra Pradesh. Customers are shifting from disorganized kirana shops to branded, self-service shopping at SuperK, often using self-service for the first time. The company uses technology to collect detailed transaction-level data, track customer behavior, and tailor offers; it also gamifies and incentives store partners to promote sales practices. SuperK positions itself as providing contemporary grocery experiences and healthier, packaged staples at transparent prices. The funding will be used to hire, scale the platform, and invest in technology infrastructure to link digital-native brands with SuperK customers. SuperK operates a tech-enabled grocery retail aggregator that connects warehouses, stores, and vendors via mobile apps and enables local entrepreneurs to run mini supermarkets in Tier III–V towns. The company offers in-store tech for engagement and marketing and is launching a customer mobile app plus financial services through its stores. Founders Neeraj Menta and Anil Thontepu started SuperK in December 2019 and have spent the last 1.5 years validating and refining the operating playbook. SuperK reports positive contribution margins across its early stores and has added 20+ stores, serving 40,000+ families in the past year. The company says it has achieved 3–4x growth in sales volume in early stores and is on track to reach 70+ stores with an annual GMV of $10 million by the end of 2021. Planned uses of the new capital include expanding infrastructure, investing in logistics and tech products, and hiring talent to scale the network.

  • Dhruva Space

    Participated · Series A · Apr 2024

    Dhruva Space is developing a 500 kg-class, modular satellite platform designed for constellation-scale missions and commercial deployment. The company intends to industrialise satellite manufacturing by establishing infrastructure and processes to enable repeatable, production-ready systems and faster integration and deployment cycles. Project objectives include scaling manufacturing to support up to two satellites per day and an annual capacity of 500–600 satellites. Targeted applications for the platform include telecommunications, national security, Earth observation, and data-driven services. Financially, Dhruva Space has secured a ₹105 crore grant from the Research, Development & Innovation Fund to develop and commercialise the architecture and build manufacturing capabilities.

Team