Participated · Seed · Oct 2025

Thrustworks Dynetics is a propulsion systems company focused on designing and building advanced liquid rocket engines and subsystems for commercialisation. Founded in 2023 by Manan Joshi, Kalyani Shinde and Vinith Shenoy, the firm is developing ANYA, a scalable liquid rocket engine platform supported by proprietary design software and in-house test infrastructure. Its Mobile Rocket Engine Test Bed enables rapid, flexible hot-fire testing, while additional R&D targets micro-combustors and High Thrust High Impulse (HTHI) engines. The startup plans to establish an Integrated Rocket Facility that will unite design, manufacturing and testing to accelerate development cycles. Incubated at SINE-IIT Bombay, Thrustworks Dynetics collaborates with ISRO, IN-SPACe, Bharat Forge, Godrej Aerospace and INOXCVA to advance its technology. Recent funding will finance expansion of R&D, testing capacity and facility build-out, positioning the company to meet rising global demand for affordable space access.

Participated · Series A · Apr 2024

Endimension Technology offers an AI platform for radiology diagnosis that can be customised and is capable of detecting a wide range of conditions. The company uses generative AI to streamline report generation and to reduce the time required by radiologists. Its platform has processed over 1 million scans and is deployed in 400 hospitals and diagnostic centres across multiple regions. Endimension plans to use new funding to advance AI research and development, expand its team, and enhance its software. The company aims to strengthen its market position and accelerate growth in a radiology AI market projected to expand significantly by 2029. Founders are Bharadwaj Kss and Apparao Mlv. Endimension Technology Private Limited develops AI solutions for medical image analysis that automatically detect abnormalities and diseases from medical scans. Its platform is designed to reduce patient misdiagnosis and increase radiologists' efficiency. The company maintains an in-house AI technology team with a combined experience of over 35 years. In September 2021 Endimension raised Rs 2.3 Cr in a seed round led by Inflection Point Ventures. The funds are planned for hiring talent for new product development, supporting R&D, and boosting the sales team to fuel growth. The company lists its website as http://www.endimension.com/.

Participated · Seed · Feb 2024

Torus Robotics develops motors and controllers intended to reduce reliance on imported powertrain components for the EV market. The company’s products are, according to the startup, up to 15% more efficient, at least 50% lighter and more compact, and more affordable than traditional alternatives. Founded in Chennai in 2019 by Vignesh M, Vibhakar Senthil, and Abbhi Vignesh K, the startup targets industrial, energy, and electric vehicle applications. It has obtained funding for applications under the FLCTD program facilitated by UNIDO. The $470K seed will be used to fund innovation and expansion and to expand R&D operations to accelerate technology transfer from lab to market. The round was raised under the Tamil Nadu Emerging Sector Seed Fund (TNESSF).

Participated · Equity · Jul 2020

Ameliorate Biotech is a PadUp mentee developing ASSURED, a device for rapid detection of malaria, chikungunya and dengue. ASSURED is designed to provide early detection of these mosquito-borne illnesses and support public-health efforts. CEO and co-founder Dr Rashbehari Tunga said the product will contribute immensely to the nation’s fight against these diseases by enabling early detection. The company raised Rs 2 Cr in angel funding to support its work. The funds will be used to conclude clinical trials efficiently and to pursue subsequent commercialisation of the kits.

Participated · Series A · Jun 2019

Bellatrix Aerospace designs and manufactures propulsion systems for satellites. Founded in 2015 and based in Bengaluru with operations in the U.S., the company serves demand from satellite constellations domestically and internationally. Following a $20 million pre-Series B raise led by Cactus Partners, Bellatrix plans to expand manufacturing capacity and increase annual production. Management has emphasized the need to scale manufacturing and delivery to meet rising market demand. The company’s investor base includes both new institutional backers and existing venture investors, reflecting continued external support for its growth.