Participated · Seed · Jun 2026

VoltSeal builds distributed energy infrastructure by installing lithium iron phosphate (LFP) battery energy storage systems at commercial and industrial customers and operating those assets through a centralized energy management and dispatch platform. The company plans to aggregate its installed batteries into virtual power plants (VPPs) to offer grid-balancing and energy flexibility services. VoltSeal targets improved grid reliability and optimization as renewable adoption grows. The startup recently raised $1.5 million in a pre-seed round led by Theia Ventures, with participation from Rainmatter by Zerodha, Momentum Capital, and Social Alpha. The funds are earmarked for deployments of BESS hardware and development of the centralized dispatch platform. No revenue, user, or valuation metrics were disclosed in the article.

Participated · Seed · Mar 2023

Wundrsight is a Bengaluru-based digital therapeutics company that has developed VR-based interventions combining virtual reality with evidence-based therapeutic techniques to address anxiety, depression, and chronic pain. The platform delivers immersive, engaging experiences intended to help patients manage symptoms and improve quality of life. Its solutions have been reported to reduce symptoms of anxiety and depression and are positioned as cost-effective for resource-constrained settings. The company was founded in 2021 and focuses on expanding hospital and clinic partnerships across India to increase accessibility. Wundrsight plans to grow its team, develop additional VR interventions, and run clinical trials to further validate efficacy. The startup aims to make VR-based mental healthcare more widely available to those in need.

Led · Seed · Feb 2023

Founded in 2018, PadCare Labs operates a chemo-mechanical recycling system that converts used sanitary pads into cellulose pulp and plastic, enabling the manufacture of items such as paper stationery and moulded goods. The company serves more than 685 enterprise and institutional clients across 24 Indian cities and manages sanitary-waste collection at over 2,000 sites. It currently runs facilities in Pune and Bengaluru with a combined capacity of 500 kg per day, operating at roughly 96 % utilisation and achieving a 99.8 % material recovery rate. Financially, PadCare reported FY25 revenue of ₹15 crore, an 8 % PAT margin and 26 % EBITDA margins, maintaining profitability for two consecutive years while growing at a 136 % CAGR. Future plans include commissioning the PadCareX gigafactory in Pune, expanding recycling hubs in Bengaluru and Delhi NCR, and scaling total capacity to 2,000 metric tonnes annually by March 2027. The firm also intends to launch PadCare Orbit, a B2C sanitary-waste management app, and expand distribution of its Rebirth recycled-stationery line from 2 % of revenue in FY25 to about 10 % in FY26. Overall, PadCare positions itself as a technology-driven solution for India’s under-addressed sanitary-waste segment while maintaining strong operational efficiency and profitability.

Participated · Series A · Sep 2022

New Leaf Dynamic Technologies builds cold-chain solutions centered on a biomass-powered refrigeration unit designed to replace conventional compressor technologies. The company raised ₹6.15 crore in equity in a pre-Series A round from US-based Good Ventures LLC and previously received seed funding and incubation support from Social Alpha and Indigram Labs Foundation. It plans to strengthen India’s cold-chain infrastructure, reduce post-harvest losses, and expand its product portfolio. New Leaf intends to scale distribution by making its biomass-powered units available to more channel partners serving India’s rural cold chain. The company provides access to finance for end-users—farmers and farmer-producer companies—through loan guarantees with banks and financial partners, and offers ground-level hand-holding to build storage infrastructure near farms or aggregation points. New Leaf currently supports 15,000 farmers and aims to impact the livelihoods and incomes of more than 200,000 small and marginal farmers in the next three years.

Led · Seed · Aug 2022

Vidcare Technologies is a Pune-based startup founded in 2017 that develops point-of-care and consumer diagnostic tests built on its patented Mu-sure lab-on-a-chip platform. The Mu-sure technology is positioned as an alternative to conventional lab methods and bulky devices, enabling convenient, accessible testing anywhere and faster results for clinical decisions. Its first product targets hypothyroidism testing, a condition the company says affects more than 150 million Indians. Vidcare plans further product development, clinical testing, and real-world effectiveness studies ahead of regulatory approvals and early commercialization. The company aims to expand reach into smaller cities and remote areas through partnerships with public health systems, NGOs, and pharma companies. Founders include Rohan Aggarwal, Karan Aggarwal, and Saurabh Kumar Srivastava.