Windrose Capital
1, Business Embassy, 1205/3/3, J M Road, Shivajinagar, Pune, Maharashtra, 411004, India
Overview
Founded in 2013 by two Digital Natives, who have been Founders themselves, Windrose Capital exists to support India’s Fast-transforming Economy through early and mid-stage investments in promising Start-ups. We are disciplined, thesis-driven investors with a deep lens on sectors we understand and ideas that have a wide margin to succeed.We are active investors, thoughtful advisors and dedicated problem-solvers with a passion for technology and a deep belief in the transformative power of Digital-first Businesses. We invest in the creation of industries that are a beneficiary of demographic growth in consumption, simultaneously transforming its modes of value-delivery underpinned by emerging technology platforms. Looking at disruption as a side-effect of positive change. Which means we are on the look-out for businesses creating, delivering and capturing new paths to value in their customers’ world. We are not interested specifically in the disruption, but in its efficiency of value creation, distribution and capturing. Our understanding and experience leads us to be particularly interested in FinTech (Financial Inclusion and Assurance), Connectivity and Flow (Logistics, IoT Enabled Businesses and Physical Networks), Business Enablement (AI, ML and Smarter Process Automation) and Improving Basic Human Quality of Life at Scale (HealthTech and AgriTech).
- Total investments
- 4
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Venture Capital
Investment portfolio
- Datachamps
Led · Seed · Jun 2024
Datachamps provides a business analytics platform with ready-made workflows spanning data-to-decision processes, intelligent dashboards, digital transformation services, and business intelligence solutions. Its offerings include process automation, data engineering, and cloud solutions to help organizations organize and derive insights from data. The company primarily serves executives and founders, aiming to enable data-driven decision-making. Datachamps was founded in 2021 and is based in Nashik, India. In June 2024 it secured seed funding and plans to use the proceeds to enhance technology infrastructure and accelerate sales and marketing efforts. The company is positioning its workflow solutions to support customers’ digital transformation and analytics needs.
- Skye Air Mobility
Participated · Series A · Jun 2024
Founded in 2019, Skye Air Mobility develops and operates a hyperlocal drone delivery network that combines aerial drones capable of carrying up to 10 kg with a proprietary traffic management system called Skye UTM and an AI-enabled hub-pod-walker ground logistics layer. The company’s ‘Physical AI stack’ links autonomous drones, airspace management and ground robotics into a single delivery chain designed for India’s dense urban environments. Over a little more than two years of commercial operations, Skye Air has completed 3.6 million autonomous deliveries for e-commerce, healthcare and industrial clients. Management positions the platform as a way to shorten last-mile delivery times while preserving jobs through its hybrid ground-and-air approach. With fresh capital, Skye Air plans to scale from its Delhi-NCR base to Bengaluru, Mumbai, Pune, Hyderabad and Kolkata within the next 18 months. The expansion will focus on deepening its Physical AI stack and building additional delivery infrastructure to capture a share of India’s $5.5 billion—and rapidly growing—last-mile logistics market.
- Nivesh
Led · Seed · Dec 2019
Nivesh is focused on providing financial products to consumers and has set its sights on broadening the breadth of those offerings. The company disclosed that it secured USD 1.6 million in new capital, which it plans to use to expand its portfolio of financial products. Beyond the intent to widen its product suite, the article did not outline additional strategic initiatives or technology enhancements. Key operating metrics such as revenue, user numbers, or profitability figures were not shared. No other data points—such as geographic focus, founding year, or leadership—were mentioned in the article, leaving the company’s broader operational profile undisclosed.
- Cleardekho
Participated · Series A · Jun 2018
ClearDekho sells affordable eyewear and operates an online marketplace alongside a network of physical stores. The company targets low‑income mass‑market consumers across Tier II, III and IV Indian cities and towns. It follows an asset‑light omnichannel O2O model and has opened over 100 stores across 40 Indian cities since its 2017 founding. Management reported the business grew by almost 60% from FY21 to FY22. The company plans to use new funding to support operations and its expansion strategy in Bharat. ClearDekho emphasizes standardising a largely unorganised optical retail market and scaling organised penetration. ClearDekho operates an affordable eyewear retail brand aimed at improving accessibility of high-quality eyeglasses for low-income, mass-market consumers across Tier II/III/IV towns in India. Founded in 2017 by Shivi Singh and Saurabh Dayal, the company combines retail stores and private-label products to serve underserved smaller cities. It plans aggressive physical expansion, targeting 200 stores across Tier II/III/IV towns and presence in 100+ cities within 12 months, with a longer-term ambition to add another 1,000 retail stores via collaborations over the next three years. The company will use funding to expand stores (40%), drive marketing and on-ground customer acquisition (30%), and strengthen backend operations including automation of fittings and quality checks, hiring, training, inventory, and private-label development (20%). The article does not disclose revenue or user metrics. Management says the funding will strengthen backend operations and scale the customer experience as it standardises a fragmented optical market. ClearDekho (Cleardekho Eyewear Pvt. Ltd), founded in 2016, operates an online and retail marketplace offering budget eyewear including prescription eyeglasses, sunglasses, reading glasses and branded contact lenses. The company uses an asset-light franchise model and has opened 25 stores across Delhi, Haryana, Uttar Pradesh, Uttarakhand and Rajasthan within six months of operations. It claims to be serving more than 50,000 customers. ClearDekho raised Rs 2 crore (about $300,000) in a pre-Series A investment and will deploy the funds to boost marketing, strengthen back-end operations and hire talent. The startup plans to expand its product portfolio and launch private-label brands in the budget category. Leadership includes co-founders Shivi Singh and Saurabh Dayal, who have prior experience at VisionSpring, Paytm and other firms.