Participated · Series B · Apr 2022

UrbanPiper operates a one-shop app that syncs inventory, billing and commerce flows across multiple food-delivery platforms for restaurants. The startup processes 18% of all online food orders in India and handles about 14 million orders a month, up from 2 million in 2019. It manages more than 27,000 restaurant locations across eight countries and has expanded to seven nations outside India. UrbanPiper says it has grown the number of restaurants it serves tenfold since 2019. The company plans to deploy the new funds to launch in more regions across India, MENA and the EU and aims to onboard over 200,000 restaurant locations in the next two years. The recent financing strengthens its position as infrastructure connecting digital players to merchants in the F&B ecosystem. UrbanPiper operates a platform that simplifies online ordering for restaurants. The company’s core product streamlines the process of taking and managing online orders. In the announced raise the firm said it will use proceeds to crystallize an analytics product. That analytics product is intended to turn order and operational data into actionable insights for restaurateurs. The article does not disclose revenue, user counts, or other operating metrics. UrbanPiper’s stated near-term plan centers on enhancing its analytics offering to better serve restaurant customers.

Led · Series E · Dec 2021

Shiprocket operates as a horizontal e-commerce enablement platform serving merchants and large retailers, with operations split into Core Business and Emerging Business segments. Its Core Business includes domestic shipping and shipping applications, while Emerging Businesses comprise cargo and fulfillment, cross-border shipping, advertising and marketing solutions, capital solutions, and hyperlocal deliveries. According to a Redseer Report cited by the company, Shiprocket was the largest new-age, end-to-end horizontal e-commerce enablement platform in India by revenue from operations for fiscal 2026. The company is pursuing growth through both organic expansion of its shipping and fulfillment offerings and by building out adjacent services such as advertising, capital solutions, and cross-border logistics. As part of its IPO, Shiprocket has signaled plans to invest in marketing and technology infrastructure, repay or prepay certain borrowings, and consider potential acquisitions using proceeds from the fresh issue. Current public disclosures around revenue, users, or founding year were not provided in the article.

Participated · Series F · Dec 2021

Founded in 2016 by Mukesh Bansal and Ankit Nagori, Cult.fit operates a mix of physical and digital fitness offerings, including group and individual workouts at Cult.fit centres, partner gyms, online training, and physical and online retail. The company reported operating revenue of Rs 1,216 crore in FY25, a 31% increase from Rs 927 crore in FY24, driven by rising same-store sales, online sales of fitness equipment and accessories, and growth in its services business. Cult.fit has raised over $650 million to date from investors such as Accel, Temasek, Chiratae, Kalaari Capital and Valecha Investments. In 2024 the firm raised $10.2 million in a round led by Valecha that valued it at over $1.5 billion. Leadership changes reported in 2024 include the appointment of Naresh Krishnaswamy as CEO and Mukesh Bansal moving to chairman. The company’s recent fundraising and reported revenue growth suggest continued investor support and operational expansion.

Led · Equity · Nov 2021

BigFoot Retail Solutions Pvt. Ltd. entered into an agreement to receive INR 13,800,000,000 in an equity round. The transaction was announced on November 10, 2021. The round is led by new investor Zomato Limited and includes participation from other investors. The financing is being raised at a post-money valuation of over $930,000,000 (INR 69,093,978,000). The company stated it expects to receive the funds under the agreement. The article does not list the other participating investors or provide additional financial or operational metrics. BigFoot Retail Solutions operates KartRocket, a platform that helps SMEs and home-based sellers go online by providing web and mobile sites, payments, logistics and marketing capabilities. In September the company launched Kraftly, a mobile-first online-to-offline marketplace targeting small sellers, individuals and homepreneurs in categories such as apparel and accessories. Kraftly has over 15,000 shops and the company says it is adding over 17,000 listings per day. Management says a major part of the latest funding will be used to enhance Kraftly through product development, talent acquisition, seller ecosystem development and performance marketing. The company has recently hired Ankit Sood as chief financial officer and Akshay Ghulati as chief business officer for Kraftly. KartRocket is based in New Delhi. KartRocket provides an ecommerce enabler platform that helps small retailers and SMEs launch branded online stores. The platform includes 100+ responsive design templates, payment gateway integration, automated shipping solutions, marketplace integration, traffic-generation tools and a store management app. Led by CEO and co-founder Saahil Goel, the company in September 2015 launched Kraftly, a mobile-first O2O marketplace. KartRocket raised funding to expand its operations. The company is headquartered in New Delhi, India. No operating metrics were disclosed in the article. Kartrocket provides an ecommerce platform for SMEs to launch web- and mobile-ready stores with built-in shipping, payment and multi-channel sales integration. It is integrated with eBay, Amazon and Snapdeal to allow multi-channel sales. Clients include Da Milano, Uni Style Image, Valyoo Technologies, TantraTshirts, Gaurav Gupta, Gyans, Divani, Karol Bagh Saree House and Latin Quarters. Founded in 2012 by Saahil Goel (CEO) and Gautam Kapoor (COO), the company is based in New Delhi, India. Kartrocket raised a $2m Series A led by Nirvana Venture Advisors with participation from 500 Startups and Beenos (NetPrice). The company intends to use the funds to expand operations in India. BigFoot Retail Solutions Pvt Ltd, owner-operator of KartRocket.com, provides a DIY e-commerce platform that enables Indian SMEs to launch their own e-commerce sites. The platform offers storefront designs, domestic and international payment options, integrated shipping via ShipRocket with a single shipping dashboard, mobile-ready stores, and marketplace integrations with eBay and Amazon. It also includes in-built marketing features such as coupons, gift certificates and automatic onsite SEO, and pricing ranges from Rs 500 to Rs 7,000 per month. The startup launched a public beta in January and reports over 100 paying customers and more than 500 trial customers across categories including clothing, electronics, and home goods. The company said the funds will be used to increase sales and to scale its technology and services. KartRocket was founded in 2011 by Saahil Goel, Gautam Kapoor and Vishesh Khurana and is based in Delhi.