Led · Seed · Apr 2022

Futwork offers a mobile app-based contact-center platform that lets companies create flexible, cost-effective outbound calling teams without fixed costs. The platform integrates AI tools to boost agent performance and training while supporting voice, chat, email and WhatsApp channels. Futwork emphasizes a human+AI approach and champions work-from-home opportunities, with over 500 female agents using its app. Notable clients include Flipkart, BharatPe and DTDC, and the company has made inroads in logistics, e-commerce and last-mile operations. The team plans to scale the product, roll out additional AI-driven solutions, and pursue international expansion. The company reports 11–50 employees and has raised capital previously, per the article. Futwork provides sales-as-a-service tooling that helps companies set up distributed tele-calling teams on demand and scale inside-sales operations without fixed overhead. The platform targets large outbound calling use cases and enterprise customers. With the fresh $1 million fundraise, the company plans to build more tools for customers and expand its team. Futwork was founded in 2015 (formerly known as Frapp) by Armaan Vananchal, Niranjan Nakhate and Sri Ganapathy and is headquartered in Mumbai. Company leadership has expressed an ambition to become the de facto black box solution for Indian enterprises to scale inside sales. The articles do not disclose revenue or user metrics.

Participated · Series A · Oct 2021

Fleksy builds mobile keyboard software and licenses a white-label SDK that lets third parties brand and customize predictive, context-specific keyboard experiences. The company pivoted from a consumer keyboard to a B2B focus, keeping a consumer app as a privacy-focused showcase. Its SDK can be used to integrate context-specific advertising, forthcoming CRM features, and security-focused customizations for enterprise clients. Fleksy says dozens of companies currently license its tech and it has about 50 prospects in the pipeline. Revenue from the SDK business grew 10x year-over-year, and the company plans to use new funding to accelerate growth and hiring for its 13-person team. Fleksy cites strong traction across the US and Europe and customers worldwide. Fleksy is a mobile keyboard app offering gesture-based typing, next-word and content prediction, in-keyboard web search and an "apps within apps" extension platform. The product is engineered by the Barcelona-based startup behind ThingThing and is available on Android and iOS in 45+ languages. The team emphasizes privacy-by-design and plans further investment in its core AI engine, additional features like swipe-to-type, and broader language support. Growth strategy focuses on licensing the keyboard to Android OEMs as the default input method, with a revenue-share model and a fleksyapps store/affiliate linking for monetization. Fleksy reports just over 1M active users today and has public user targets including a short-term goal of 25M users and an aspirational 550M-device target by 2020. Early OEM partnerships include Palm, which ships a custom Fleksy keyboard on its ultra-mobile device. Fleksy builds a mobile software keyboard and sells keyboard apps for iOS and Android. The company said its growth got a big boost from the launch of iOS 8 and it has released frequent iOS updates to improve its predictive engine. Fleksy’s Android reach has exceeded two million downloads, and its iOS app has topped the charts in at least 25 countries. A new Android update adds a repositioned backspace and shift key (toggle option), a minimal-layout language selector, and improved automatic word‑correction accuracy. Management plans to use the new financing to fund development on both iOS and Android and to continue iterating on product design and accuracy. The company faces competition from better‑funded rivals like SwiftKey but emphasizes design proficiency and rapid iteration. Fleksy builds a third‑party software keyboard designed to let users type without looking at the device, originally conceived to help people with visual impairments. The product emphasizes an eyes‑free typing experience and aims to become a next‑generation input method for a range of connected devices. The company had focused primarily on Android up to now and moved quickly to deliver a beta of its keyboard for iOS 8 following Apple’s platform change. Fleksy is accepting beta testers for the iOS 8 build and is working to replicate features that Apple does not expose via API. The team has been developing capabilities such as dictation, automatic capitalization and autocorrect internally to overcome iOS limitations. Fleksy’s co‑founder Ioannis Verdelis has spoken about the growth opportunity on iOS if Apple relaxes previous default‑keyboard policies.

Participated · Series A · May 2019

Founded about a decade ago, Spinny operates a consumer-facing platform that sells roughly 13,000 used cars each month, supported by its own large reconditioning centers. The Gurugram-based company controls most of the used-car value chain, from purchase and refurbishment to direct sale, and augments supply through an auction channel that serves dealers. To deepen post-sale engagement, Spinny currently relies on third-party service shops, a gap it intends to close by acquiring car-services startup GoMechanic. Recent strategic initiatives include the acquisitions of auto publications Autocar India, Autocar Professional, and What Car? India, as well as the launch of Spinny Capital, a non-banking finance arm that offers vehicle loans. Spinny’s expansion comes amid expectations that India’s used-car market will grow from about 6 million units to 9.5 million units by 2030. The company was valued at approximately $1.8 billion after its last funding round and has previously raised around $170 million in Series F capital to scale its core operations.

Participated · Series A · Sep 2018

Slice issues physical and virtual cards aimed at millennials and lets professionals and students buy collateral-free goods and services on estimated monthly installments (EMIs) via an app to build credit scores. The company is led by co-founder Rajan Bajaj and is Bengaluru-based. In November 2021 Slice’s Series C valued the company at over $1.5 billion; the article reports $340 million raised to date. Slice has pursued financial-sector expansion, including a March 2022 acquisition of a 5% stake in North East Small Finance Bank for roughly $3.42 million and an announced merger with the bank in October 2023. The business reported a 59.8% increase in losses to Rs 406 crore for the fiscal year ended March 2023 and showed 3X growth, and it has not yet filed FY24 annual results. The company has raised multiple debt tranches this year as part of its broader financing strategy. Slice is a consumer lending and payments startup that provides credit and payments solutions. The company has pursued bank partnerships, acquiring a 5% stake in Guwahati-headquartered North East Small Finance Bank and announcing a merger with NESFB to expand financial accessibility. Slice has raised $340 million to date and was valued at over $1.5 billion during its Series C in November 2021. According to reporting, its revenue jumped to around Rs 870 crore in FY23, while operating revenue grew to Rs 283.08 crore in FY22 from Rs 67.7 crore in FY21. Losses widened to Rs 253.67 crore in FY22, reflecting increased operating losses. Gunosy Capital is reported as the largest shareholder with a 14.84% stake and co-founder Rajan Bajaj holds 8.21%. Slice offers credit-card features including rewards, 2% cashback, and a buy-now-pay-later option with merchants such as Amazon and MakeMyTrip. Launched in 2019 and headquartered in Bengaluru, the startup serves over 12 million Indians and is issuing roughly 300,000–400,000 cards per month. Recently it added UPI support to drive daily engagement; the UPI product is reported to be gaining strong early traction. Slice is focused on broadening its payments offerings while working to make its core credit business profitable in the coming months. The company targets underserved consumers who lack traditional credit access by using modern underwriting systems to expand card eligibility. Slice issues multiple consumer credit cards and card products aimed at tech‑savvy young professionals, and provides features such as no‑fee bill installments over three months and merchant discounts. The company uses its own underwriting system and has launched ultra‑low‑limit products (including a $27‑limit card) to reach underpenetrated segments. Slice says it issues over 200,000 cards each month, has a registered user base of over 5 million and a waitlist of more than 1 million users. The median age of its customers is 27, which the company says mirrors its team. A source quoted in the articles reported an annual revenue run rate of over $60 million. Planned product work includes adding UPI support, new card products (including a teen‑focused card) and a decentralized identity product called '&ID'; Slice is also hiring and offering new hires a three‑day week with steady pay and benefits. Slice is a Bangalore-headquartered fintech that has built a "super card" and companion app to simplify credit-card signup and usage for millennials and Gen Z. The product lowers barriers to credit for users who are often ineligible for traditional cards, offers up to 2% instant cash back, and surfaces hyperlocal restaurant deals. Slice issues credit limits from its own balance sheet and supports in-app payments including QR-code purchases, plus a bill-splitting feature that allows up to three months of interest-free payments. The company has amassed over 3 million users and says it is profitable; it also reports that more than 65% of members see credit scores climb to 730 within six months of joining. Slice says roughly 50% of new customers previously held competitor cards and that more than half of those switch Slice to be their primary card; it expects to convert over 80% to primary use in the next six to eight months. The startup recovered from pandemic-related declines, reporting May as its best month and 25% growth in June, and plans to use new funding to develop additional features.

Participated · Seed · May 2016

Thingthing is an iOS keyboard app that adds functionality to the keyboard, including working with attachments and photos inside any app to reduce switching. The company says its vision is for users to 'just type' and focus on one task at a time, a goal emphasized by CEO Olivier Plante. The app is currently available only on iOS and will remain the immediate focus, with an Android version planned eventually. Thingthing has partnerships in the pipeline that it plans to announce soon. It has over 25,000 users and won the Disrupted By Mobile award at 4YFN in Barcelona. To support product expansion and a new updated version, the startup raised €350,000 in funding.