• Neo

  Led · Equity · Aug 2025

  Meolaa operates as an end-to-end FMCG company that leverages technology to manage product development, branding, and distribution. The startup integrates AI and data science throughout its operations to improve supply-chain efficiency and consumer insights. Launched in 2023, the company plans to channel new capital into expanding its brand portfolio and strengthening its AI and data science infrastructure. Management also intends to enhance operational agility and scale across additional categories and markets. To date, Meolaa has secured total external funding of approximately $10.43 million, including its latest pre-Series A round and an earlier $4.43 million seed raise. Key backers span large venture funds, family offices, and prominent angel investors, underscoring early confidence in the firm’s tech-driven FMCG approach.

• Neo Asset Management

  Led · Equity · Aug 2025

  Neo Asset Management is the alternative asset management arm of Neo Group, focused on delivering consumer-oriented wealth and investment solutions in India. The firm claims to manage more than Rs 10,000 crore in assets across strategies such as private credit and alternative equities. Founded in 2021 in Mumbai by Nitin Jain and Hemant Daga, Neo is steadily broadening its product suite to capture India’s growing appetite for non-traditional assets. In April 2025 the company achieved the first close of its second private credit fund at Rs 2,000 crore, signaling continued expansion in credit. For the fiscal year ended March 2024, revenue jumped 2.7× year-on-year to Rs 177 crore, though losses widened to Rs 13.7 crore. The fresh capital injection is earmarked for growth initiatives and general operations as the platform scales nationwide. Management continues to engage both institutional and strategic backers to accelerate its roadmap.

• Freyr Energy

  Participated · Series B · Oct 2023

  Freyr Energy is a Hyderabad-based rooftop solar company that oversees the entire process of designing, acquiring, and installing rooftop solar systems. The company sells and implements rooftop solar solutions and manages system performance end to end. According to the company press release, proceeds from the recent round will be used to expand the team, advance product development, and increase marketing. Freyr disclosed a Series B equity infusion of Rs 58 crore ($7 million) in the most recent financing. In April 2021 the startup previously received equity investments totaling Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia, and C4D Partners. No operating metrics (revenue or user counts) were disclosed in the article. Freyr Energy uses a proprietary software environment and the SunPro+ customer app to digitalise the rooftop solar customer journey for homeowners and MSMEs. SunPro+ is designed to simplify acquisition, financing, execution and after-sales service, making ownership of a solar system simple and seamless. The company announced an equity investment of ₹18 crore to accelerate growth and enhance customer experience. Investors praised the SunPro+ platform as a key success factor that can ease rooftop customer acquisition and management. Freyr intends to scale its rooftop offering and contribute to mass-market solar adoption while creating employment opportunities within its vendor network. Strategic backers are expected to provide not only capital but global energy-sector experience to support expansion. Freyr Energy is a Hyderabad-based rooftop solar company that builds and deploys decentralized solar installations supported by a technology platform. The company says it will use new capital to improve its technology platform, expand its sales and channel partner network, and support marketing to accelerate growth in India and other major solar markets. Freyr has achieved 16X revenue growth over the last four years and has been profitable for the past two years. It has completed over 1,000 installations across 18 Indian states and serves customers in the USA, Nigeria and Ghana. Last year it secured seed funding from Doen-Participaties, a Netherlands-based investor, and is now pursuing broader international expansion supported by its platform and partner strategy.

No current team members are available.