Participated · Equity · Dec 2025

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 · Seed · Dec 2024

EzDubs builds a consumer-facing communication app that provides real-time translation for calls, voice messages, text and video, with the other party not required to have the app. The product rests on two core models: a voice-cloning model that preserves emotional tone and a translation model that handles interruptions and begins translating internally without waiting for sentence completion. The company first launched a Twitter/X dubbing bot in January 2023 (340,000 followers, >500 dub requests per day, translated videos >1M daily views) and a WhatsApp bot in July 2023 before releasing an early app version this year on iOS and Android. Users reportedly place hundreds of calls per day with an average call time of 17 minutes, with common use cases including cross-cultural dating and professionals communicating while abroad. Planned features include QR-code-initiated calls that don’t require app downloads, becoming a default phone calling app to handle incoming calls, and browser/meeting extensions for Google Meet, Microsoft Teams, Zoom and Slack.

Led · Seed · Sep 2024

Sharang Shakti is a Gurugram-based security robotics company co-founded in 2023 by Rishabh Choudhary, Jitendra Singh, Gaurav Kumar, Chirag Singla, and Karan Goyal. The company focuses on airborne threat mitigation and airspace surveillance and is developing a pipeline of robotic systems for defense applications. Its first product in development is an anti-drone system intended to detect, track, and neutralize hostile drones. Sharang Shakti aims to build a comprehensive technology stack and become the next-generation Lockheed Martin in India. The startup raised Rs 5 crore in a pre-seed round and will use the funds for team expansion and product development. The article also notes the launch of the I2A Launchpad by Indusbridge Ventures and FedTech to support Indian defense tech startups.

Participated · Series A · Jul 2024

Meragi is a wedding services startup focused on making exceptional services and beautiful designs accessible to more couples. The company operates a platform for wedding services and designs and positions itself to expand its geographic and product footprint. Meragi announced a $9.1M Series A to support expansion into new cities, the addition of new service categories, and the development of more products. The LinkedIn post thanked thousands of couples who have used the service to date. Meragi frames its opportunity against a large, under‑digitized wedding market, with commenters noting the industry drives almost 10% of India’s GDP and has been barely touched by tech. The company intends to use the capital to scale operations and broaden its offerings.

Led · Series A · May 2024

Kintsugi is an AI-enabled sales tax compliance platform that automates tax calculations and filings and integrates with Shopify, Stripe, Chargebee, QuickBooks, or custom APIs. The product offers free tax liability calculations, charges for tax filing, and provides an auto-remit option to file taxes automatically after ingesting revenue data. The company aims to support compliance across 171 countries and plans expansion into South America, Africa, India, and China. Founded in 2023 and based in San Francisco, Kintsugi targets small and medium businesses as well as larger customers. Kintsugi generated $3 million in annual revenue last year, reports profit margins above 93%, and targets over $10 million in revenue by the end of 2025. The startup serves 2,400 customers (45% SaaS), processes 5.5 million transactions valued at $7.7 billion, employs 95 people, and reports a 0.1% churn rate. Kintsugi automates sales tax compliance by connecting to companies’ billing and payment systems to determine state liabilities, register businesses in the correct jurisdictions, calculate taxes, and remit payments. The company uses in‑house AI models with humans in the loop, which the CEO says produces more accurate results than competitors relying on large language models. Founded in 2022 and based in San Francisco, Kintsugi launched its website in August 2023 and has grown to more than 1,100 users in the past year. The company has earned $1 million in revenue and offers a freemium approach: free, regularly updated analyses, $100 per tax filing, or custom plans. Competitors include Anrok, CereTax, and legacy outsourcing providers, but Kintsugi emphasizes easier onboarding and free ongoing reports as differentiators. Kintsugi plans to use new capital to expand its technology and to prepare for expansion into Canada and Europe. Kintsugi AI offers an end-to-end sales tax automation platform that handles real-time nexus monitoring, AI-enabled product categorization, rooftop-level tax calculation and validation, sales tax registration, filing, exemption certificate handling, and back-tax compliance. The platform is secure and encrypted, GDPR-compliant, and SOC 2 Type II compliant, aligning with the Trust Services Criteria for security, availability, processing integrity, confidentiality, and privacy. The company was co-founded by Pujun Bhatnagar, Barkin Doganay, and Jeff Gibson. Kintsugi intends to use the Series A proceeds to further develop its sales tax management solution. Financially, the company completed a $6M Series A at a $40M valuation. The product targets automation of sales tax compliance workflows for businesses.