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The Venture Codex

Singularity Growth

A 1404, 14th Floor, Naman Midtown, Near India Bulls, Senapati Bapat Marg, Mumbai, Maharashtra, 400013, India

Overview

Founded in 2021, Singularity AMC is a Mumbai-based growth equity investment firm that invests across private and listed equities in India. The firm identifies and accelerates companies at their "singularity moment," the inflection point where proven business models meet massive market opportunities. Singularity focuses on India's key growth drivers, backing exceptional entrepreneurs across consumer brands, financial services, energy transition, next-gen industrials, and healthcare. The firm differentiates itself through deep research capabilities, comprehensive macro and micro market understanding, and an extensive access network across India's investment ecosystem.

Total investments
27
Lead investments
9
Investments · 12mo
16
Active investors
6

Sector focus

  • Asset Management
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Investment portfolio

  • Greenjoules

    Participated · Series B · Aug 2026

    Founded in 2018 and based in Pune, Greenjoules converts agricultural residues and farm waste into renewable fuels that can be used in existing diesel engines and industrial equipment. Its pipeline includes sustainable aviation fuel, green hydrogen and biomethane alongside fuels that substitute crude oil-derived diesel. The company positions its technology as enabling use of agricultural waste as feedstock for drop-in renewable fuels. Prior financing includes a $4.5 million raise in 2021 from Blue Ashva Capital provided as a mix of equity and debt. Greenjoules is currently pursuing a Series B led by Amazon.com NV Investment Holdings with participation from Singularity AMC’s Singularity Strategic Autonomy Fund. The articles note broader market context that India’s cleantech market is projected to become a $152.5 billion market by 2030.

  • BlissClub

    Led · Series B · Aug 2026

    Founded in 2020, BlissClub began as a women's activewear label and has expanded into a broader omnichannel athleisure business. The company has grown revenue by more than 60% year-on-year over the past two years and has expanded its retail footprint to more than 40 stores. Earlier this year the brand entered the menswear category, representing its category-expansion strategy. BlissClub is led by founder and CEO Minu Margeret and counts investors including Elevation Capital and Eight Roads Ventures. Following the Rs 160 crore funding round led by Singularity AMC, the company plans to use the capital to grow offline retail, strengthen product development and hire for its next stage. Existing investors and new participants, including Meesho cofounder Vidit Aatrey, also took part in the round.

  • River

    Participated · Series C · Aug 2026

    River designs and sells electric two-wheelers, with its core model the River Indie priced between ₹1 lakh and ₹1.5 lakh. The company delivered about 3,000 EVs monthly in the last fiscal year and ranked seventh among manufacturers in April. River has experienced rapid revenue growth—projected FY26 revenue nearing ₹500 crore—but remains loss-making, with reported losses of ₹196 crore in FY25. Its growth plan includes launching at least one new EV model annually beginning fiscal 2027, expanding retail presence from roughly 40 stores to over 350 by March 2028, and building a new manufacturing plant. River has also manufactured the Yamaha EC-06 in Karnataka, indicating potential manufacturing partnerships. The company faces strong competition from established incumbents with deeper service networks and brand recognition, and will require significant capital and operational execution to reach profitability.

  • Steamhouse

    Participated · Equity · Jun 2026

    Steamhouse provides industrial steam and gas services. The company completed a ₹50 crore pre-IPO placement priced at Rs 73 per share, allotting 68.49 lakh equity shares to investors who now hold about 2.94% of pre-offer equity. Steamhouse is pursuing a public listing and has proposed an IPO to raise ₹425 crore, consisting of a ₹345 crore fresh issue and an ₹80 crore offer for sale. The company is described as being based in Surat. Steamhouse has not yet disclosed IPO dates or the IPO issue price. No other financial metrics or prior funding rounds were reported in the provided article.

  • Bodycraft

    Led · Series A · Jun 2026

    Founded in 1997, Bodycraft operates an integrated network of 67 outlets — 33 clinics and 34 salons — across more than 10 cities using a mix of COCO and FOFO models. The company offers beauty, wellness, and medical aesthetic services and is led by CEO Sahil Gupta and Medical Director Dr. Mikki Singh. Bodycraft plans to add 30 new locations as part of its expansion strategy funded by the recent Rs 120 crore raise. The company intends to invest the capital in clinical technology and equipment, management and operations, AI-led efficiencies, and customer experience improvements. In 2017 it raised Rs 18 crore at a pre-money valuation of Rs 55 crore. Bodycraft cited a growing clinical aesthetics market in India, which it expects to expand from around $2 billion in 2024 to more than $7 billion by 2033, as an opportunity for organised players.

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