The Venture Codex

Participated · Series B · Dec 2021

Ripplr operates a unified distribution network that combines logistics, on-ground execution, inventory intelligence, and retailer relationships to help consumer brands manage everything from demand forecasting to last-mile delivery. Its platform services large FMCG players such as Unilever, Nestlé, Tata, Godrej, Nivea, and Dabur. The company claims to reach roughly 100,000 retailers and to process hundreds of thousands of orders each month, underscoring its nationwide footprint and operational scale. In FY25, Ripplr’s gross revenue grew 13% year-on-year to Rs 1,164 crore, while losses remained nearly flat at Rs 91 crore. Founded by Abhishek Nehru and Santosh Dabke, the startup positions its technology backbone as a key differentiator in India’s fragmented distribution landscape. The fresh capital is expected to bolster its tech stack and expand geographic coverage, further deepening penetration with existing and new brand partners.

Participated · Series A · Jul 2021

Oliveboard operates an online test-preparation platform that offers courses and practice materials, with particular strength in banking and insurance exam categories. The company says it provides data-driven, personalized coaching tailored to each learner's preparation level. Oliveboard plans to expand its portfolio of national-level courses, add state-level categories, and invest in technology for interactive, data-driven products for customized learning. The firm claims to have eight million users across India. Management frames the pandemic as a catalyst accelerating adoption of online solutions formerly dominated by offline coaching. The company and investors cite a large market opportunity, with the government job entrance exam preparation industry estimated at about Rs 40,000 crore.