Participated · Series F · Nov 2025

Lendingkart operates a digital non-banking financial company (NBFC) platform focused on extending working-capital and short-term business loans to SMEs across India, with typical ticket sizes of Rs 5–6 lakh. The company says it has disbursed more than Rs 18,700 crore to over 300,000 businesses to date, underscoring its scale in the underserved SME credit market. For FY24, Lendingkart reported revenue of Rs 1,090 crore, a 36% year-on-year increase, while net profit slipped 5.9% to Rs 175 crore. In March 2025, Temasek-owned Fullerton Financial acquired a 56% majority stake, positioning the firm for further expansion. The newly announced capital will fund growth initiatives across Lendingkart and its wholly owned subsidiary, Lendingkart Finance, as well as general corporate purposes. Post-transaction, Fullerton Financial’s ownership will rise to 58.35%, with earlier backers such as Bertelsmann Nederland, Mayfield India, and Saama Capital retaining significant minority stakes. Prior to the latest round, Lendingkart had raised Rs 1,050 crore (about $126 million) in equity funding from many of the same investors.

Participated · Series B · Feb 2022

Airmeet offers a 360-degree attendee engagement suite with two product formats—Conference and Social Webinar—enabling webinars, hybrid conferences, trade shows, and workshops. The platform supports up to 100,000 participants and aims to extend into virtual reality and the metaverse to deliver more immersive experiences. Airmeet reports strong growth: recurring revenue scaled 24X since its Series A, it is growing 30% month-over-month, and has enabled more than 120,000 event organizers to stream 150 million minutes of video airtime globally. Over 5,500 brands use Airmeet’s platform to host events every month. The company is remote-first, headquartered in the USA, employs 300+ people across India and North America, and was co-founded in 2019. Airmeet targets marketers, community managers, sales, and customer-relationship teams and plans to invest in R&D and scale its go-to-market function. Airmeet is a virtual-events platform that lets users and businesses host interactive online events with features like backstage areas, table-based networking and sponsor integrations that replicate aspects of physical events. The platform is in public beta and operates on a freemium model, charging businesses based on usage. Airmeet is built on WebRTC, is accessible through Chrome and Firefox, and sessions are end-to-end encrypted; it does not have a native mobile app though mobile browsers can consume sessions. Usage on the platform grew 2,000% over the last quarter without any advertising. In recent months it expanded use cases beyond large conferences to professional meetups at film festivals, university resource fairs and technical industry summits. Airmeet plans to use new funding to add features and scale globally. Airmeet is a virtual meetup management startup that provides tools to organize and manage virtual meetups. The article reports that Airmeet has raised $3 million in a funding round led by Accel India. No other investors were named in the piece. The article does not disclose the funding instrument (equity, debt, etc.), valuation, revenue, or user metrics. There is no information on the company's founding year, location, prior rounds, or detailed product roadmap. The brief report also omits use of proceeds and other strategic plans.

Participated · Series C · Sep 2021

Exotel offers a full-stack customer engagement platform that includes contact center capabilities, APIs, voice and chatbots, and touchpoints such as web chat, co-browsing and video. Its platform is used by large Indian enterprises including Ola, Swiggy and HDFC Bank, and the company says it has over 4,000 customers. Exotel has expanded beyond India into Southeast Asia and the Middle East and has grown in part through acquisitions of Ameyo and conversational AI startup Cogno AI. The company emphasizes serving emerging markets and differentiates itself by offering a wide range of services versus global competitors like Microsoft, Amazon, Twilio, Salesforce and Zoom. Exotel employs more than 1,000 people, reports an annualized recurring revenue of $50 million, and aims to grow ARR to $200 million. It also plans to hire about 200 people by the end of the year. Exotel provides cloud telephony services, offering voice and SMS contact-center capabilities to help clients manage customer engagement over the cloud. The company was co-founded in 2011 and is based in Bengaluru. Its services are used by more than 6,000 companies across India, the USA, SE Asia, the Middle East, Australia, and Africa, with customers including Ola, Flipkart, GoJek, and HDFC Bank. Exotel reported 70% year-over-year growth and an ARR of $45 million, and it has stated a goal of reaching $200 million ARR over the next five years. The company announced a merger with contact-center software provider Ameyo to build a full-stack customer engagement platform and add conversational AI capabilities. Exotel said it will use the new funding to boost product offerings and plans to increase headcount by 200 over the next 12 months. Exotel provides a cloud communication / cloud telephony platform offering omnichannel customer communication tools and AI-powered co-pilots for agents and self-serve customers. The product is positioned to enable hyper-personalized interactions, automate repetitive tasks, and improve customer experience and operating costs. The company reports powering 4,000+ organisations and handling roughly 10 million conversations daily, with notable customers including Flipkart, Ola, Swiggy and Zerodha. Exotel says it is the largest and fastest-growing cloud telephony platform in Asia and is seeing adoption across BFSI, Auto and FMCG verticals. The company is profitable and at a USD 25 million top-line run rate. With the new funding it plans accelerated growth and to hire 200+ people in product, engineering and customer-facing roles.

Participated · Series C · Jul 2021

Founded in 2012 by Tushar Vashisht and Sachin Shenoy, Healthify (formerly HealthifyMe) operates a consumer health app that offers individualized diet, exercise, and lifestyle recommendations through a mix of artificial intelligence and more than 600 human coaches. The company claims a user base of over 40 million across 300+ cities and says its model has delivered meaningful health outcomes at scale in India. Leveraging this traction, Healthify is preparing to enter the U.S.—the world’s largest health and fitness market—while also deepening B2B partnerships in diagnostics, insurance, and pharmaceuticals. The platform’s AI aims to give every user a “personal nutritionist and health coach,” enhancing daily decision-making around food and exercise. Management reports the business is on track to reach EBITDA-positive status by the end of the fiscal year. Total equity raised now stands at roughly $125 million, providing a solid capital base for global expansion and continued AI development.

Participated · Series C · Feb 2021

Founded in 2016 by Aaditya Sharda and Souvik Sengupta, Infra.Market operates a technology-enabled platform across multiple construction material categories including ready-mix concrete, steel, paints, electricals and modular kitchens. For FY26 the company is estimated to have reported consolidated revenue close to Rs 20,000 crore, up about 7 percent year-over-year, with EBITDA of around Rs 1,750-1,800 crore and margins improving to roughly 9 percent; net profit for FY26 is estimated at about Rs 300-325 crore. The company has raised more than $500 million in funding since inception and continues to attract participation from large investors. Infra.Market has confidentially filed draft IPO papers for a proposed Rs 5,000 crore public issue and received SEBI observations in January 2026, and is targeting a public listing within the next four to six months. The company is pursuing a final private capital raise (Series H) to shore up its balance sheet and reduce debt ahead of the IPO.