Participated · Seed · Jun 2022

SolarSquare Energy focuses on residential rooftop solar installations, emphasizing installation quality, financing support, and after-sales maintenance. The company is Mumbai-based and competes with players such as Zunroof, Mysun, and Adani Solar. It reported operating revenue of Rs 355 crore in fiscal 2025 and an annualised revenue run rate of about Rs 800–1,000 crore. SolarSquare raised $40 million about 18 months before the latest round and has now closed a $50–55 million financing led by B Capital that values it at $450–500 million. The company is positioned to benefit from government programs like the PM Surya Ghar Muft Bijli Yojana that aim to scale rooftop solar adoption among households. The articles do not provide details on specific product roadmaps or explicit use of proceeds for the new funding.

Participated · Equity · Oct 2021

Melorra is a direct-to-consumer brand that designs and sells fashion-forward fine and hallmarked gold jewellery. The company emphasizes a digital-first, multi-channel approach and operates experience centres across India. Melorra has delivered hallmarked gold to all 718 Indian districts and to over 2,700 towns, and reports 200% year-on-year growth. It has recorded Rs 160 crore in revenue over 3.5 years. The brand plans to use new funding for technology upgrades, ramping up brand marketing, and expanding its experience-centre footprint pan-India. Melorra aims to reach $1 billion in revenue within five years. Melorra is an Indian online jewellery brand. It announced on Wednesday that it has raised $12.5 million in funding. Private equity firm Symphony Asia participated in the round. Lightbox Ventures and Alteria Capital also participated. The announcement specified the funding amount and the participating investors.

Participated · Series F · Sep 2021

Meesho operates a large-scale online marketplace that, in FY25, connected over 500,000 transacting sellers with 199 million annual transacting users who placed 1.8 billion orders. The platform generated Net Merchandise Value of ₹29,988 crore in FY25, reflecting 29 % year-on-year growth after a 21 % rise in FY24. While it reported a FY25 net loss of ₹3,942 crore due to one-time items tied to its public-listing restructure, losses narrowed sharply to ₹700.72 crore in the first half of FY26 as revenue rose to ₹5,577.54 crore. Meesho plans to channel fresh capital into cloud infrastructure, marketing and brand initiatives, and inorganic growth via acquisitions, alongside general corporate purposes. The company’s marketplace model focuses on low-cost, long-tail consumer goods, enabling micro-entrepreneurs to sell online. Backers include SoftBank, Elevation, Peak XV, Venture Highway and Y Combinator, several of whom will partially exit through the upcoming IPO. The business is preparing to debut on public markets on 10 December.

Led · Series A · Nov 2019

Smarten Spaces provides a SaaS-based, AI-powered platform that enables space owners and managers to digitize and manage spaces, aiming to improve productivity, reduce operational costs and offer conveniences to end-users. The company focuses on enterprise offices, real estate developers, coworking, co-living and other spaces of work and leisure. Founded in 2017 by Dinesh Malkani with co-founders Anushka Verghese and Prithvi Shergill, Smarten Spaces is based in Singapore. It has customers in Singapore and India. The company closed a $12M Series A funding round from Symphony International Holdings Limited. Smarten Spaces intends to use the proceeds to expand across the Asia Pacific and North America within the proptech industry.