Participated · Series A · Jan 2026

Founded in October 2023, Ringg AI offers a no-code platform that lets enterprises design, deploy and manage voice agents for both inbound and outbound use cases such as customer support, sales, collections, logistics and appointment scheduling. Its voice agents currently handle about 1.5 million conversations per month, with roughly 77 % of those fully automated. The system supports 18 languages—including 10 Indian languages plus English, Arabic, Spanish, French, German and Bahasa—enabling deployment across diverse geographies. Ringg AI serves more than 20 enterprise customers, including CRED, PharmEasy, Shiprocket, Flipkart and Shell, and is running pilots in the GCC, US-East and North America. The company aims to scale to 100 million voice interactions over the next 12 months and ultimately reach 100 million interactions per month by 2027. Near-term plans also include building in-house GPU clusters and proprietary AI models to shorten deployment cycles and reduce dependence on third-party APIs.

Led · Seed · Dec 2025

Founded in 2023 by Aditya Varma, Himanshu Arora and Nikhil Shanker, Frex delivers a peer-to-peer money transfer service designed for immigrants and migrant workers. The platform leverages modern blockchain rails, rigorous compliance controls and local banking partnerships to provide near-instant settlement at better-than-mid-market FX rates. By eliminating multi-day transfer times, hidden fees and 1–5 % forex mark-ups, Frex positions itself as a transparent, low-cost alternative to incumbents such as Wise, Remitly and Xoom. Since its November launch, the startup has reported steadily rising transaction volumes and anticipates crossing $1 million in monthly transfers within the next two to three months. Capital from its recent raise will expand on- and off-ramp infrastructure across North America and India, strengthen regulatory and compliance capabilities, and scale engineering and ledger systems. Additional funds will accelerate go-to-market initiatives targeting NRI and migrant communities.

Participated · Series A · Sep 2025

Founded in 2022 by Naimisha Rao, Dilip Jain and Manthan Shah, Gullak offers a gold savings app where users can set up SIPs from as little as ₹100 per day or make one-time gold purchases. The company positions itself as a neutral redemption layer, partnering with multiple major jewellery chains rather than building its own retail brand, and already supports redemptions at 5,000 outlets across India as well as doorstep delivery of gold coins and cash withdrawals. Gullak reports three lakh active transacting users who collectively have saved more than 1,000 kg of gold on the platform, with the average customer saving about ₹7,000 per month. The business currently generates $2.5 million in annual recurring revenue and has set a target of reaching $10 million ARR and one million users within the next 12 months. Revenue comes from small spreads on gold transactions and value-added services. By focusing on Tier-II and Tier-III cities, the firm aims to capture a broader middle-income demographic interested in disciplined gold investing.

Led · Equity · Jul 2024

Jugyah is an online real estate broker that positions itself as a full‑stack, vertically integrated managed marketplace with 100% verified listings. The company operates an internal mortgage origination division and produces images and 360‑degree virtual tours so buyers and tenants can book appointments online. Jugyah also assists customers through offline experience centers in South and Navi Mumbai. Founded in 2023 by Arshad Balwa and Ansuman Mohanty, the company emerged from stealth prior to its funding announcement. Proceeds will be used to increase market share in specific high‑demand areas and to expand throughout the Mumbai metropolitan area. The article compares Jugyah to Redfin in the USA and Loft and Quinto Andar in Brazil.

Participated · Series A · Sep 2023

Data Sutram offers an AI-powered platform (Trust Score) that leverages millions of digital footprints and alternative data sources to build real-time, 360-degree customer risk profiles. Its product is used to streamline customer onboarding and manage risk across the lifecycle of lending, payments, and insurance. The company serves clients in the banking, retail, and insurance sectors. Data Sutram plans to use its new funding to expand into cryptocurrency, real-time payments, gaming, e-commerce, and insurance, to enhance its AI capabilities, and to support international expansion into the Middle East and Southeast Asia. Founded in 2018 by Rajit Bhattacharya, Ankit Das, and Aisik Paul, the company is based in Mumbai, India. It raised a $9.0M Series A in May 2025. Data Sutram is a B2B SaaS platform that aggregates intelligence from more than 250 sources to help banks and financial-services companies make decisions across the customer lifecycle. Founded in 2019 by Rajit Bhattacharya, Ankit Das and Aisik Paul and headquartered in Mumbai, it focuses on answering questions on markets, consumers, businesses and risk. The platform blends GDPR-compliant data from multiple sources to address core banking challenges such as credit underwriting, fraud detection and collections. The company positions itself in the AI and SaaS-based local data platform category. Reported uses for new capital include improving product offerings and facilitating customer acquisition and financial-services use cases. Data Sutram provides an AI/ML-driven, cloud-based B2B data marketplace that aggregates location intelligence from over 250 data partners. Its proprietary engine converts unstructured sources such as satellites and mobile data into structured datasets. The company operates on a Data-as-a-Service model and serves retail, e-commerce and BFSI customers. Data Sutram is led by founders Rajit Bhattacharya, Lasik Paul and Ankit Das and is incorporated as Extrapolate Advisors Private Limited in Mumbai, Maharashtra. The startup will use new capital to expand operations into Southeast Asia and the Middle East and to invest in new data sources. As of February 2022 the company has raised $2.07M in the reported financing.