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The Venture Codex

Ventureast

Ventureast Plaza, Plot No. 40 & 41, Financial District, Nanakramguda, Gachibowli Post, Hyderabad, Telangana, 500032, India

Overview

They like to partner the entrepreneur that is trying to avoid doing the commonplace; one that is growing with the current trend but is preparing to lead the next trend. You are a mature India based businessman; you are a tech-savvy entrepreneur returning from overseas; or you are a corporate/scientific establishment employee …all are appealing to them, your drive to make a difference is what they are looking for.

Total investments
20
Lead investments
11
Investments · 12mo
1
Active investors
9

Sector focus

  • Finance
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Investment portfolio

  • Autoverse Mobility

    Participated · Equity · Nov 2025

    Autoverse Mobility operates the Autoverse Parts Procurement Platform, a fully integrated web and app tool that connects workshops to manufacturers and their distributor networks for real-time parts sourcing. The catalog hosts more than 6 million car-part mappings, allowing precise fitment checks and alternative part comparisons. Workshops receive instant visibility into stock levels, pricing, and delivery timelines, and can place one-click orders with end-to-end tracking. Complementary garage-management features such as loyalty programs, automated recommendations, and profitability insights further deepen adoption. Founded by Mihir Mohan alongside Shiv Soni and Krishnakumar, the company recently added industry veteran Rama Shankar Pandey as co-founder to strengthen manufacturer relations and scale distribution infrastructure. Autoverse has secured $3.2 million in venture funding from Exfinity Ventures and Ventureast. The capital is earmarked for expanding its catalog coverage, upgrading technology infrastructure, and broadening its logistics network. By tightening the supply chain for authentic parts, Autoverse aims to boost trust, speed, and transparency in India’s aftermarket service ecosystem.

  • Infinite Uptime

    Participated · Series B · May 2023

    Infinite Uptime offers predictive maintenance and repair recommendations through a stack of proprietary piezoelectric sensors, software analytics, and AI diagnostics, plus a smart dashboard for live monitoring and downtime forecasting. Its sensors are designed for high-temperature and acidic environments, and the company has secured about five patents. Infinite Uptime targets heavy industries including steel, cement, metals, mining, fertilizers, chemicals, and paper, and partners with OEMs to integrate its AI layer into new products. The startup says its solutions have delivered 74,274 hours of downtime savings and 5–10% improvements in productivity, energy efficiency, safety, and compliance. It currently serves 800 plants across nearly 30 countries and employs about 350 people. Financially, revenue has doubled year-over-year for the past three years and the business is operationally cash-flow positive. With the new funding, the company plans to expand further in the U.S., invest in product development, R&D and data science, and evaluate M&A to scale. Infinite Uptime provides a digital intelligence platform that leverages state-of-the-art sensor technology, advanced analytics, and machine-learning algorithms to monitor vital mechanical equipment and anticipate failures. Its Predictive Maintenance (PdM) platform bundles Diagnostics as a Service (DaaS), which monitors equipment 24/7 and flags faults, with a Digital Reliability Service (DRS) that prescribes interventions and delivers downtime savings. The platform uses frequency analysis of vibration data from integrated sensors as a physics-based foundation for AI-driven decision making. The company intends to use the recent investment to accelerate adoption of its platform across various industrial sectors. Infinite Uptime positions its offerings as part of an Industry 5.0 transformation to improve manufacturing efficiency, optimize resources, mitigate risk, and reduce waste. It serves a wide range of global manufacturing industries including cement, steel, metals & mining, FMCG, chemicals, oil & gas, power, pharma, tire, automotive, construction, and pipes. Infinite Uptime builds industrial IoT and predictive maintenance solutions for manufacturing equipment, using industrial data analytics to deliver real-time condition monitoring and cloud-backed data storage. Its platform includes a smart dashboard for live monitoring, forecasting Remaining Useful Life (RUL) and downtime, plus remote condition monitoring, data-driven diagnostics and digital reliability services. The company leverages advanced analytics and AI to enable failure predictability and has helped customers save over 11,000 hours of unplanned downtime. Infinite Uptime serves more than 300 customers, including Vedanta, JSW Steel, Hyundai, Borosil, Ceat and Adani. The startup plans to invest in fundamental research and product development and expand capabilities to strengthen global market share and value delivery. It operates from offices in Pune, India, with additional offices in Berkeley, California and Dubai. Infinite Uptime provides predictive maintenance and condition-based monitoring solutions for process and manufacturing companies, specializing in high-frequency data analytics to diagnose faults and recommend remote corrections. The company uses a unique edge computing technique and has developed over 80,000 asset libraries to enable early anomaly detection on the edge, along with advanced AI/ML capabilities on the cloud and configurable edge diagnostics for real-time actionable insights. Its platform has monitored over 75 million machine hours and delivered more than 10,000 actionable insights, and the company serves over 200 customers including Daikin, Crompton Greaves, Siemens, THK, TVS Motors and Tata Steel. Infinite Uptime has offices in Berkeley, California and Pune and will use the new funding to deepen its presence in Asia and scale operations in the Middle East, the US and Europe. Leadership says the capital will strengthen customer relationships, ensure availability of cost-effective diagnostics services to reduce equipment downtime and bearing consumption, and make the technology available at scale. The company also plans to invest heavily in research and development to further enhance its diagnostic solution.

  • ekincare

    Participated · Series B · Mar 2022

    ekincare is a personalised, full-stack health benefits platform founded in 2015 that uses behavioural data and a patented platform to personalise employees' health benefits journeys. The company offers an integrated, cashless IPD and OPD network across 150+ cities and a highly customisable system to help employers design benefits packages for employees and their families. ekincare aims to improve benefits adoption, employee engagement, and measurable health outcomes while helping payers underwrite health risks. Its customer base includes 400+ corporates and more than one million employees, with clients ranging from Fortune 500 firms to fast-growing startups and SMEs. The company reports an industry-leading NPS of 80 and is growing at a CAGR of 150 percent. ekincare plans to use new funding to accelerate growth, simplify health benefits and insurance experiences for employers, and expand its customer base. eKincare provides a mobile app that aggregates medical history from dental, body and vision health partners and presents a user-friendly profile to identify potential health risks. The platform aims to enable early diagnosis of chronic diseases and to prompt users to take corrective actions. It features flo, an intelligent chatbot that lets users ask health queries such as “What’s my BP” or “What’s my Fasting Blood Sugar count” for themselves and family members. The company is building appointment-booking APIs to schedule services across 1,500+ diagnostic centers, health-at-home providers, health coaches and doctors. The startup is led by Kiran Kalakuntla and focuses on consolidating disparate health data into actionable insights. Financially, eKincare announced a $1.5M Series A that brings its total funding to date to $2.13M. eKincare operates a platform that consolidates an individual's medical history from healthcare providers into a single personal health record accessible on computer, smartphone or tablet. The free-for-users platform stores unlimited data, manages multiple profiles, identifies potential health risks, and provides personalised health plans. The firm monetises by earning sales commissions from partnered healthcare organisations and reports growing interest from corporates to track employee wellness metrics. eKincare claims growth of 150% quarter-on-quarter and is planning to launch a wellness index to score individual health on a 1–100 scale. The startup will use the current funding to strengthen product development, hire talent, improve its B2B offering and expand to other cities. The company was founded in October 2014 and is led by founder and CEO Kiran Kalakuntla and co-founder and COO Dinesh Koka. eKincare offers an online platform and mobile app that digitizes existing physical medical records and aggregates medical results from various healthcare providers into a single repository. The service, operated by Aayuv Technologies Pvt Ltd and led by founder and CEO Kiran Kalakuntla, is currently in beta. The platform updates user profiles with incoming medical data and analyzes that data to identify potential health risks and prompt users to take action. The company plans to use recent funding to accelerate product development, expand hiring, and increase marketing. eKincare’s core product focuses on enabling users to monitor critical medical information and access it from anywhere.

  • Toch.ai

    Participated · Series A · Oct 2021

    Toch.ai provides an AI-driven SaaS platform that processes live sporting events, television shows, and library content to automatically meta‑tag images, video and text, identify key moments, and auto-create customized short-form video from existing feeds. The technology lets clients share dynamic, contextually adapted video content in real time, improving viewer engagement and monetization. Toch.ai says it has saved clients nearly 900 million hours of video processing time, driven a roughly 40% increase in viewers’ time spent watching videos, and achieved engagement rates nearly 3x higher per viewer. The company reports 300% year-over-year revenue growth and more than 500 active subscribers across 15+ countries. Toch.ai also says it is powering several of the largest sporting events and franchises, underscoring product-market fit. The company plans to scale technology infrastructure and pursue venture expansion into global markets, with particular emphasis on foreign markets and North America.

  • Cron AI

    Led · Series A · May 2021

    Cron AI develops senseEDGE™, a sensor-agnostic 3D data edge perception platform that aims to address 3D sensing, perception, and processing requirements. The platform enables innovators to build intelligent solutions using 3D sensors to perceive and learn the real world. The company says its technology is in advanced stages of development, with test kits slated to ship to customers in the second half of 2021. Founded in 2015 by Tushar Chhabra and Saurav Agarwala, Cron AI is planning global expansion to deliver adaptive perception across multiple industries. The startup aims to accelerate productisation, mitigate time and investment risks, and bring standardisation to a fragmented 3D sensing market. The new funding will be used to accelerate the delivery of senseEDGE and support those growth plans.

Team

  • Raghuveer "Raghu" Mendu

    General Partner & Co-Founder

    LinkedIn
  • Saras Agarwal

    Senior Analyst

    LinkedIn
  • Dr. Ramesh Byrapaneni

    Venture Partner

    LinkedIn
  • Aditya Kapil

    Principal