Participated · Series A · Jul 2026

Loopworm develops silkworm recombinant production technology for insect biotechnology and biomanufacturing. Founded in 2019 by IIT Roorkee alumni Ankit Alok Bagaria and Abhi Gawri and based in Bengaluru, the company employs over 60 people, including more than 20 scientists. Loopworm has raised $6.65 million to date, including a $3.4 million seed round in 2022 and a $3.25 million pre-Series A. The startup has generated approximately ₹20 crore in revenue since inception. Its recent funding is earmarked to expand silkworm recombinant production capabilities. Loopworm has also received support from organizations including Social Alpha, the H&M Foundation, the Ministry of Agriculture & Farmers Welfare, and the Department of Biotechnology.

Participated · Series A · May 2026

Fairdeal operates a dark store-led B2B quick commerce platform that promises to deliver more than 1,000 SKUs to kirana retailers within 60 minutes. The company is currently operational in Delhi-NCR, servicing over 20,000 active retailers and fulfilling about 50,000 orders monthly with an average order value of Rs 3,500. Fairdeal plans to expand into Mumbai and Bangalore and aims to scale its retailer network to more than 100,000 in the current financial year. It is focused on building supply and distribution infrastructure for offline retail, and competes with Udaan and Jumbotail in the food and grocery wholesale segment. The company intends to deploy new funding to add dark stores, improve technology and data capabilities, and expand last-mile delivery coverage.

Participated · Series D · Sep 2025

Citymall is an Indian e-commerce startup that offers budget-focused grocery delivery for value-conscious customers, primarily in tier 2 and tier 3 towns. The app carries roughly half the SKUs of quick-commerce apps and about double the selection of offline value stores, delivers typically within a day with no handling or delivery fees, and focuses on private labels and manufacturer partnerships to offer lower prices. The company originally used community leaders for marketing and fulfillment during its 2019 founding and later shifted to using them primarily for last-mile fulfillment to cut costs. Citymall operates in 60 cities including Delhi NCR, Uttar Pradesh, Haryana, Bihar, and Uttarakhand, targets customers earning roughly ₹15,000–₹80,000 monthly, and reports an average order value of ₹450–₹500. Management says it is operationally profitable but didn’t provide a timeline to overall profitability; outside research shows over 30% negative EBITDA margins in the last financial year. The company plans to expand into adjacent cities to better utilize existing warehouses and pursue economies of scale by serving more users. CityMall is an Indian social commerce startup. The company operates in the social commerce space. On Wednesday it announced a $75 million Series C funding round led by Norwest Venture Partners. The article names Norwest as the lead investor but does not list any other participating backers. The report provides no details on valuation, use of proceeds, prior rounds, founding year, or operating metrics such as revenue or user numbers. CityMall operates a social commerce platform that lets micro-entrepreneurs open virtual stores and aggregate demand via a community group buying model. The company sells groceries, FMCG, fashion, electronics, appliances, cosmetics and more. It provides income opportunities to a network of community leaders and aims to lower customer acquisition and logistics costs compared with traditional e-commerce. CityMall was founded in 2019 by Angad Kikla and Naisheel Verdhan and currently operates in 40 towns with plans to expand to 100. The startup will use new funding for hiring, technology, and to build its own logistics network, including warehouses and hubs. Total capital raised to date is $36.5M. CityMall operates a community commerce/group‑buying platform for everyday categories including grocery, FMCG, fresh produce, and home & kitchen products in lower‑tier Indian towns. Founded in 2019 by Angad Kikla and Naisheel Verdhan, the startup recruits community leaders to serve local customers and has expanded into several small towns such as Rewari, Dharuhera, Pataudi, Sonipat, Bahadurgarh, Jhajjar, Rohtak, and Panipat. Since its seed round in June 2020 led by Elevation Capital, CityMall reports 25× revenue growth. The company aims to have over two lakh (200,000) customers and the same number of community leaders by 2022. CityMall plans to use the new funding to strengthen its supply chain and logistics network and to expand its footprint to 20 new Tier‑II, III, and IV cities. CityMall is a social e-commerce venture based in India. The company raised $3 million in a seed funding round led by Elevation Capital. The round also included participation from Waterbridge Ventures and Arun Tadanki’s private syndicate on LetsVenture. The article does not provide additional details about the company’s product, operations, users, revenue, or founding year. No information on use of proceeds or future plans was disclosed in the coverage.

Participated · Series A · May 2025

Posha produces a $1,750 direct-to-consumer countertop robot that uses computer vision and recipe software to prepare meals after users add ingredients. Users pick recipes, add roughly measured ingredients or substitutions, and the machine handles most of the cooking while consumers do some prep work like chopping. The company emphasizes customer obsession, maintaining close WhatsApp contact with early users and relying largely on word-of-mouth marketing. Posha launched its robots in January 2025, sold out its first production batch, and is taking pre-orders for a second batch. The startup plans to expand its recipe library and add generative AI capabilities to turn user recipe ideas into device instructions quickly. Posha evolved from an earlier robotic-arm approach (formerly Nymble) after time in Bosch’s accelerator and aims to further product development with new funding. Nymble builds Julia, an AI- and machine-learning-powered domestic cooking robot that can cook most single‑pot meals unattended and handle multiple vegetables, meats, and spice blends. The company says Julia can manage about eight varieties of vegetables and meat and six different spice blends simultaneously, enabling dishes like curries, pastas, noodles, and rice-based meals. Founded in 2016, Nymble is a graduate of the Bosch DNA Accelerator and has received grants from the Government of Karnataka. The fresh funding will be deployed toward product development and innovation, expansion of its technical team, and conducting closed user trials with end customers. Nymble also plans to use the funds to augment its technology capabilities, create intellectual property, and establish a presence in China and the USA. Co‑founders Raghav Gupta and Rohin Malhotra emphasize the market need for fresh home-cooked food amid busy lifestyles and rising delivery costs.

Led · Series A · Oct 2024

Legitquest is a deep‑tech data service provider that offers an AI-enabled legal research and analytics platform for B2B and enterprise customers. The company has built a state-of-the-art legal research tool and is leveraging AI/ML to develop analytics products such as crafting winning arguments, predicting case outcomes, identifying best-performing lawyers, and trademark threat infringement assessment. Its flagship feature, iDRAF (Issue, Decision, Reasoning, Arguments, Facts), is promoted as a one-click judgment insight system powered by AI. Legitquest reports roughly 0.5 million monthly active users, more than 550 institutional/B2B clients, and average year-on-year gross revenue growth of 250%. The company aims to reach 3 million MAU by the end of FY21-22, triple revenues in the next financial year, and double its employee base within six months. It plans geographic expansion into five Indian states (Maharashtra, West Bengal, Karnataka, Gujarat and Tamil Nadu) and will use funding to expand the team and further develop iDRAF and its analytics capabilities. Legitquest is an artificial intelligence-enabled legal technology firm that builds tools to help lawyers become more effective by leveraging cutting-edge technology. The company said it will develop capabilities around issue, decision, reasoning, arguments and facts. It plans to use recent funding to expand its team and further develop those capabilities. Legitquest raised seed capital of Rs 3 crore from InfoEdge (India) and WaterBridge Ventures. The firm framed the funding as part of its vision to transform the legal profession. Co-founder and CEO Karan Kalia said he is excited to welcome InfoEdge and WaterBridge on this journey.