The Venture Codex

Participated · Seed · Jul 2026

Anmasa operates a hyperlocal, made-to-order grocery model focused on staples in India. The company processes roughly 700–800 online orders daily and reported a 90-day repeat rate of nearly 50%, with 23x growth over the past year. It runs a network of "bright stores" and is planning geographic expansion into Bengaluru and other cities while opening manufacturing hubs. Anmasa is investing in technology upgrades, including an in-house ERP and enhanced product personalization, and is building its leadership team as it scales. Financially, the company has raised a total of ₹47.5 Cr to date, including the recent ₹30 Cr seed round.

Participated · Seed · Jul 2026

Neothera was founded by former VC Radhika Agarwal and positions itself as a science-led skin health startup focused on acne care. The company emphasizes treating the root causes of skin issues rather than only addressing symptoms, combining diagnostics, doctor-backed care, behavioral science, technology, and clinical formulations. Public reporting highlights a patient-first approach and aims for long-term skin health outcomes. The company recently closed a Rs 9 Crore Pre-Seed round to support its launch and growth. Coverage does not provide specific operating metrics, revenue figures, or detailed product roadmaps.

Led · Series A · May 2026

Legend of Toys is a Bengaluru-based toy brand founded in 2024 that develops and sells toys across multiple play categories. The company plans to expand into DIY and adjacent play formats while strengthening its sourcing and manufacturing capabilities. It intends to scale consumer marketing, digital outreach, and pursue entry into overseas markets. Legend of Toys reported Rs 30 crore in annual recurring revenue within 18 months of operations and a monthly growth rate of 20%. The recent pre-series A funding is intended to finance product-category expansion, manufacturing scale-up, and broader marketing investments. Management cited positive consumer feedback as a driver for the planned extensions and international push.

Participated · Seed · Apr 2026

Intellithink offers an IoT-enabled platform and proprietary sensors that use AI to detect machine faults, enable predictive maintenance, remote monitoring, and fault diagnosis. Its flagship solution, Intellivibe, is designed to detect machine faults and help prevent unplanned downtime. The startup has served over 50 enterprise customers, including Jindal Steel, JSW Steel, and Adani, and reports growing international traction. Founded in 2017 by Sridhar Venugopal and Aswin Venu, the company is commercializing its AI platform and plans to launch an electrical health solution for rotating equipment by mid-2026. Financially, the company recently completed a Rs 17 crore seed raise led by Pentathlon Ventures.

Participated · Series A · Feb 2026

Founded in 2020 by husband-and-wife duo Swaroop Krishnan and Gopika B Raj, MyDesignation positions itself as a design-led, community-driven fashion label that focuses on culturally inspired casual wear for everyday and occasion use. The company primarily sells online but has begun building an offline footprint in Bengaluru, Kochi, Thiruvananthapuram, and Calicut. To date, it has served more than one million customers nationwide and reports strong repeat-purchase rates, driving approximately 100 percent annual revenue growth. MyDesignation employs roughly 100 people and plans to bolster leadership across finance, supply chain, merchandising, and marketing. Future initiatives include launching new product categories and executing a structured offline expansion strategy, with eight additional stores slated for Chennai, Hyderabad, and Bengaluru over the next year. The recent capital infusion strengthens its balance sheet as it scales both digital and physical channels.