Sector : Enterprise Tech

Alchemyst builds your context and memory engine for AI systems and LLM applications. It gives them persistent, auditable memory across sessions, so agents stop forgetting. It has three parts: Context API: upload and query enterprise data with user- and organization-level access control. Context Router: an OpenAI-compatible proxy that filters and structures context before it reaches the LLM, cutting token use. IntelliChat: streaming chat with visible “thinking steps” drawn from memory. Developers integrate through APIs, SDKs (Python, Java, JavaScript) and MCP. Kathan is our Voice OS for enterprise voice agents in BFSI, healthcare and EdTech. Zemory gives it memory of each caller. Differentiation: Our proprietary edge is a model-agnostic, access-controlled context layer built from production voice deployments, backed by three years of context-engineering research.

Stage : Seed

• Valuation: INR 100 Cr
• Ask: INR 25 Cr
• ARR: INR 2.38 CR
• MRR: 25000

MOAT

• Our moat is a model-agnostic context layer between enterprise data and any LLM, so the memory, access rules and audit trail belong to the customer, not to a model vendor.
• Context Router: an OpenAI-compatible proxy, so integration means changing the base URL. It selects and structures relevant context before inference, cutting tokens and latency by 40%.
• Governance at the memory layer: user- and organization-level access control applied to every read and write, plus auditable memory. Regulated BFSI and healthcare buyers need this, and chat-oriented memory tools like Mem0 and Zep don’t centre on it.
• Voice-grade engineering: retrieval has to fit real-time latency budgets and survive language switching and ASR errors. Our production voice deployments give us failure data that text-only memory vendors don’t have.
• Compounding switching cost: every deployment adds organizational context and integrations (APIs, SDKs, MCP), so replacing us means rebuilding that context.

Traction

• 1)M-o-M growth: 43%, ~$270K ARR in 3 months (F500s, Post IPO contracts)
• 2)Consumer traction: 11,500+, DAU: WAU - 66.7%, Paid Pilots: 13+
• 3) Founding Team: Ex- Google Deepmind, AI4bharat, NIT, BITs

Headquarter: Bengaluru, India

Sector : Fin-Tech

Bharatsure is an AI-powered OS for Insurance Distribution that enables agents, brokers, fintechs, platforms, and affinity partners to run, scale, and automate their insurance business. In response to regulatory commission changes, our full-stack AI platform replaces heavy manual overhead with intelligent automation—from automated underwriting and policy issuance to instant claims routing and real-time partner management.

Stage : Series A

• Valuation: INR 150 CR
• Ask: INR 20 CR
• ARR: INR 10 CR
• MRR: INR 1 CR

MOAT

• Bharatsure’s MOAT lies in its AI-native Operating System for Insurance Distribution. As commission regulations tighten margin profiles across the industry, distributors can no longer rely on human-heavy back-office operations. Bharatsure solves this structural shift by embedding deep AI automation across the entire lifecycle—automated underwriting, AI-assisted document segregation, real-time claims triage, and plug-and-play distributor workflows. By drastically lowering the cost-to-serve and time-to-issue for partners, Bharatsure creates high platform stickiness, compounding data network effects, and unit economics that traditional infrastructure cannot match.

Traction

• 500,000+ lives covered across group, retail, and embedded insurance programs
• 80+ active channel partners (50 institutional, 30 non-institutional)
• 20,000+ claims processed with strong service outcomes and a 4.9/5.0 Google Rating 🌟
• House-of-Brands model across Healthysure, Bharatsure, Assurety, Coverbiz, and Mitra
• Achieved monthly profitability, demonstrating strong operating discipline

Headquarter: Mumbai

Sector : Fin-Tech

Bondscanner is a SEBI-registered Online Bond Platform Provider (OBPP) operated by Sustvest Broking Private Limited, unlocking retail access to a market that has been institutionally locked for decades — the ₹50L Cr+ in annual FD rollovers and ₹6.3L Cr+ in insurance payouts, capital that typically earns 3–4% instead of the 7–14% available from bonds. The platform lets investors discover, evaluate, and invest in listed corporate, PSU, and NBFC bonds with zero brokerage and a minimum investment of just ₹1,000. It has processed ₹100+ Cr in cumulative GTV with 2,801 transacting investors and a 60.5% repeat rate, at a 1.96% take rate, 1.91x blended paid ROAS, and CAC of ₹2,734 per investor. Habit is compounding: 67.5% of repeat orders happen within 7 days, 43% of coupon landings are redeployed within 5 days (2.5x lift over baseline), and 42% of GTV comes from returners deploying fresh money. Twelve-month revenue per investor is ₹14–16k with 3–5x LTV:CAC at 12 months, and monthly retention flattens at 22–24%, creating a stable annuity base. Marquee issuers include Government of India, Tata Capital, HDFC, ICICI, Mahindra, Aditya Birla, Godrej, SBI, and Indiabulls.

Stage : Series A

• Valuation: INR 200 Cr
• Ask: INR 60 Cr
• ARR: INR 18 CR
• MRR: INR 1.5 Crore

MOAT

• Regulatory access, trust, and distribution.
• (1) Regulatory moat: Bondscanner holds a SEBI-registered Online Bond Platform Provider (OBPP) licence — a hard-to-obtain, limited-licence category that structurally restricts new entrants.
• (2) Marquee issuer network: Live access to Government of India, Tata Capital, HDFC, ICICI, Mahindra, Aditya Birla, Godrej, SBI, and Indiabulls bonds — built over years of relationship and compliance work that a new platform cannot shortcut.
• (3) Trust and habit flywheel: 60.5% repeat rate, 67.5% of repeat orders within 7 days, and 42% of GTV from returners deploying fresh money — meaning capital that was sitting in 3–4% FDs is being redeployed into 7–14% bonds on the platform. Monthly retention flattens at 22–24%, creating a stable annuity base.
• (4) Unit economics as a moat: 3–5x LTV:CAC at 12 months, 1.91x blended paid ROAS, and CAC of ₹2,734/investor — capital-efficient acquisition that competitors burning on paid channels cannot match.
• (5) Founder pedigree: IIT/IIM founders with deep fintech and capital markets experience.

Traction

• Unlocking retail access to a market that has been institutionally locked for decades — ₹50L Cr+ in annual FD rollovers and ₹6.3L Cr+ in insurance payouts, capital that typically earns 3–4% instead of 7–14% from bonds.
• Platform has processed ₹100+ Cr in cumulative GTV with 2,801 transacting investors and a 60.5% repeat rate.
• Take rate stands at 1.96%, blended paid ROAS at 1.91x, and CAC at ₹2,734 per investor.
• 67.5% of repeat orders happen within 7 days.
• 43% of coupon landings are redeployed within 5 days (2.5x lift over baseline) — habit-forming behaviour, not one-time transactions.
• 42% of GTV comes from returners with fresh money — a compounding flywheel.
• Twelve-month revenue per investor is ₹14–16k.
• 3–5x LTV:CAC at 12 months.
• Monthly retention flattens at 22–24% — a stable annuity base.
• Marquee issuers include Government of India, Tata Capital, HDFC, ICICI, Mahindra, Aditya Birla, Godrej, SBI, and Indiabulls.

Headquarter: Gurugram, Haryana, India

Sector : DeepTech

Cellivate Technologies is a biotechnology company developing cell-based alternatives to replace biological ingredients traditionally sourced from animal agriculture. Using our proprietary technology, we harness cells to produce bioactive compounds and extracellular vesicles that can replace animal-derived ingredients used in biotechnology. Our first product, BOOSTER, is an animal-free alternative to fetal bovine serum (FBS), designed to support more consistent, scalable and sustainable cell culture. Our long-term vision is to replace animal-derived biological inputs across biotechnology, biomanufacturing and other industries.

Stage : Bridge Round

• Valuation: INR 55 CR
• Ask: INR 2 CR
• ARR: NA
• MRR: NA

MOAT

• ~30× lower production cost than FBS
• Up to 60% better cell growth, 100% xeno-free
• Grown in hours; cells reused ~50× — clean & scalable
• Same platform extends to skincare, cultivated meat & therapeutics

Traction

• Just started commercialisation

Headquarter: Singapore

Sector : Services

India's highest-rated home-services company(4.9★, 31,000+ reviews) , is expanding its reach through high-frequency services such as Househelps and Beauty. With an established portfolio of high-AOV offerings, Clean Fanatics is uniquely positioned as a true challenger to Urban Company—driving household acquisition, deeper engagement, and upselling across higher-value categories including cleaning, beauty, and renovation.

Stage : Pre series A

• Valuation: TBD
• Ask: INR 45 CR
• ARR: INR 28 CR
• MRR: INR 2.2 CR

MOAT

• Highly quality, differentiated supply, strong processed built over a period of time, 20-30% premium over Urban Company

Traction

• Revenue grew 10x in 4 years and last 3 months Volume has shot up 3 x

Headquarter: Bangalore

Sector : DeepTech

Cognecto is building the Physical OS for the physical economy. It combines sensing (IoT/telemetry), vision (edge video analytics with VLM verification) and a hash-chained event ledger to turn messy, mixed-OEM site data into one standard, verifiable record of how work actually happens at roads, water networks and mines. In India, Cognecto’s verification report is a written condition for central funds being released to states for rural road programmes. In water, it carries contractual accountability for non-revenue-water numbers. Its customers are state governments, EPC firms and mine owners across 3 continents. The standardised cross-site operational corpus is the foundation for orchestration and a behavioural foundation model.

Stage : Series A

• Valuation: INR 150 Cr
• Ask: INR 27 CR
• ARR: INR 16 CR

MOAT

• 1. Physics-based AI: Proprietary models for infrastructure monitoring and prediction.
• 2. Data advantage: 500M+ data points across 15K+ active assets.
• 3. Integrated technology stack: Boson (IoT sensing — Hear), Photon (computer vision — See), and Cortex (AI-driven decision intelligence — Act).
• 4. Deep industrial integration & IP: OEM integrations, a proprietary data model, and patented technology create barriers to replication.

Traction

• 1. FY26 ARR: ₹10.08 Cr; FY27 projected revenue: ₹25.2 Cr.
• 2. Customers: 25 active customers across 10+ countries.
• 3. Scale: 15K+ active assets tracked and 500M+ data points ingested.
• 4. Growth & profitability: FY26 EBITDA of ₹5.02 Cr (~50% margin); NRR >100% and churn
• LOI received from the lead investor; in-principle approval from one additional investor, pending IC approval.

Headquarter: Bengaluru, Karnataka, India

Sector : D2C

Great coffee shouldn’t be elitist or complicated. Cohoma bridges the gap between the coffee someone wants and how easily they can get it, hastening the shift from instant to roasted coffee. We're not another brand selling jargon in a pouch. Like our consumers, we are omni-channel: 1) Consumer (Grind-on-demand coffee kiosks across India, supported by unique 1 min brew FMCG products) and B2B (machine-rental, consumables, experiences for hotels, offices). With in-house roasting and machine manufacture, we combine quality, convenience, and customization to deliver great end-cup experiences.

Stage : Pre Series A

• Valuation: INR 75 Cr
• Ask: INR 15 Cr
• ARR: INR 11-12 Crore (Net)
• MRR: INR 85-90 Lacs / month (Net)

MOAT

• Positioned to differentiate from the crowd:
• 1) Focus on end-cup experience beyond just products, driving 90%+ monthly repeat and 60% NPS
• Embedding Convenience & Assistance for Consumers:
• 2) India’s only grind-on-demand café kiosks across retail, clubs, airports, etc. offering i) over 15 grind-on-demand coffees to fresh grind and brew easily at home ii) full-service coffee bar, with live assistance (20+ units). Exclusive partnerships with key retailers like Nature’s Basket, Reliance, Le Marche. (<12 month capital recovery)
• 3) India’s only natural flavour infused roasted coffees (0% Sugar I 0% preservatives).
• 4) India’s fastest manual brew without compromise on taste. Our trademarked, pocket-sized, reusable PureBrew Filter® - brews a cup in 30 sec without additional equipment. (Ships inside our coffee cans)
• Convenient Turnkey Solutions for B2B:
• 5) In-house manufacture of super automatic coffee machines – key entry barrier for large hotels & offices (<12 month capital recovery)
• Vertically integrated supply chain: Lower cost, flexibility:
• 6) Vertically integrated supply and in-house machine manufacture (not contract mfr.)
• 7) Not another café chain or high-burn ‘online brand’
• 8) Experienced Founders: 30+ years of experience in F&B, hospitality, consumer behaviour & finance.

Traction

• 1) Established business model: ₹ 11 Crore ARR; 20+ Crore in 6m (signed contracts not just potential). Proven models, primed for explosive growth
• 2) Diversified channel mix: 65-70% Consumer I 30% branded institutional. 90%+ monthly repeat.
• 3) Leading client portfolio: Retail (Exclusive partnerships for SIS with Nature’s Basket, Reliance FreshPik, Le Marche, etc.), Hospitality ( Vantara, Hyatt, IHG, Marriott, Leela, Alila, L’Opera, Sugar & Spice, PVR-Inox, Delhi Golf Club, etc.) Offices (DLF, JLL, Grant Thornton, Gartner, etc.)
• 4) Unique, relevant IP to differentiate us from the noise
• 5) Financially sound: ~EBITDA breakeven. Low cash burn (5-9 lacs / month). Efficient capital utilization (only 8-9 crore raised to date in 6 years) – focus was on proving models and scalability, with emphasis now on rapid expansion with clients in place.
• 6) Experienced Founders: 30+ years of experience in F&B, hospitality, consumer behaviour & finance. Senior team in place.

Headquarter: Delhi NCR

Sector : DeepTech

Com Olho is a cyber-stack backed by 4+ patents that fuses ethical hacker insights with client telemetry to power transformer-based AI. It scores threats in real time, suggests fixes, learns continuously, and enforces zero-trust governance, delivering a scalable, crowdsourced defence beyond legacy tools. AI may detect threats, but it's human curiosity that hunts them - Com Olho just scales both.

Stage : Pre-Series A

• Valuation: INR 100 CR
• Ask: INR 10-15 CR
• ARR: INR 8-10 Cr
• MRR: INR 60-75 Lakh

MOAT

• 4 Patents ( 3 Granted)

Traction

• 100+ Clients Globally

Headquarter: Gurugram, Haryana, India

Sector : DeepTech

Constems-AI is a Noida-based deep-tech startup that builds AI-powered computer-vision solutions for retail and manufacturing. Its platforms analyse images and video in real time to automate shelf audits, track product availability and planogram compliance, and inspect production quality—helping businesses improve business operational efficiency, KPI accuracy, and enable customer experiences

Stage : Pre-series A

• Valuation: INR 110 Cr
• Ask: INR 11 Cr
• ARR: INR 27 Cr (INR 15 Cr in Recurring Revenue, and Onboarding Revenue 12 Cr)
• MRR: INR 1.2 Cr MRR (expected to increase in this quarter given the new client onboarded, revenue to be realised- ~2-2.5 Cr)

MOAT

• Constems-AI's moat rests on three layers that competitors cannot easily replicate.
• 1. Data
• 3-Netra, our vision-first model, trained on 100M+ labelled industrial images and 7.1B vision data points
• Built from 8 years of live deployments across India, Thailand, the Philippines, and the GCC
• Coverage of 40,000+ SKUs and pack formats
• 96%+ production accuracy
• 2. Efficiency
• Distilled model versions run on-device in under 10ms
• No cloud dependency — compute cost stays off each image
• Enables 60% gross margin
• 3. Embedding
• SDK runs inside systems enterprises already use — e.g., P&G's Salesforce SFA
• No new app required
• No IT migration required

Traction

• Category-defining product. Constems-AI is a cognitive vision AI platform powering physical AI — machines that see, understand, and decide inside real-world operations. We don't deliver dashboards. We deliver decisions, made at the edge, in the moment.
• 12 enterprise customers. 4 countries. Zero pilots. We run in production across India, Thailand, the Philippines, and the GCC. In retail, we power shelf execution for P&G, ITC, BAT, and Colgate-Palmolive. In quality, we run inspection on Havells' retail point-of-sales audits. In agriculture, we grade leaves for the Tobacco Board's auctions — a category no one else has cracked.
• The numbers. At P&G, our SDK embedded inside Salesforce delivered a 5% topline lift. Accuracy exceeds 96% across 40,000+ SKUs. ARR stands at $1.3M, up 43% year on year — built on 100M+ labelled images and 7.1B vision data points from eight years of live deployment.
• Two new growth engines already in motion. We are expanding into infrastructure intelligence with Astrikos.ai and into Thailand through a channel partner. Both are live engagements, not roadmap slides.

Headquarter: Noida

Sector : Logistics

We empower D2C brands, retailers, and quick-commerce players with fast, reliable, and flexible last-mile delivery — from 30 minutes to same/next-day formats.

Stage : Seed

• Valuation: INR 50 Cr
• Ask: INR 5 Cr
• ARR: INR 6 Cr
• MRR: 45 Lac/Monthly

MOAT

• Daakit's moat is a sticky full-stack logistics OS: micro-hub network + AI-driven inventory orchestration + deep platform integrations that make switching costly for brands. With 20-25% cost reduction and RTO halved, brands can't afford to leave.

Traction

• Daakit is a tech-enabled last-mile logistics platform for D2C brands, live in 3 cities (Delhi-NCR, Bangalore, Lucknow) with 10+ paying brands including RP-Sanjiv Goenka Group, Bombay Shaving Company, and Dr. Vaidya's, operating at an estimated ~₹6 Cr ARR. For brands, it delivers measurable outcomes: RTO halved from 10% to 5%, delivery TAT cut from 2 days to under 24 hours, and logistics costs down 20-25%. Backed by IPV ($138K pre-seed) and recognized as "Logistics/Fulfilment Startup of the Year" by Entrepreneur India, Daakit is scaling into Mumbai and Kolkata.

Headquarter: Gurgaon, India

Sector : Enterprise Tech

FireAI is an enterprise AI platform that turns a company’s scattered data into clear business decisions. Most companies have plenty of dashboards, but managers still can’t easily see why sales dropped or costs rose, or what to do next. Traditional BI tools only report what happened, and generic chatbots don’t understand the business. FireAI connects to a company’s existing systems, such as ERP, Tally, CRM and spreadsheets, and lets managers ask questions in plain English. It then uses causal AI and a knowledge graph of how the business works to find the root cause, estimate the impact and recommend an action. That’s why 85% of its users are non-technical. The company sells on an enterprise SaaS model to customers such as Mamaearth, Cipla, Glenmark, IDBI Intech and Stashfin, at an average of ₹11.3 L per customer.

Stage : Series A

• Valuation: TBD
• Ask: INR 50 CR
• ARR: INR 6 Cr
• MRR: INR 50 L

MOAT

• Causal AI: Explains why numbers moved and recommends actions, beyond BI dashboards and generic chatbots.
• Business knowledge graph: Maps how each customer’s business works, which makes answers context-aware and switching harder.
• Tally connector: Plug-and-play access to India’s huge Tally user base, with little competition.
• Built for non-technical users: 85% of users are non-technical, with 98% accuracy.

Traction

• ARR: ~₹4.6 Cr, with a target of ₹1 Cr MRR by Q2.
• Customers: Enterprises including Mamaearth, Cipla, Glenmark, IDBI Intech and Stashfin.
• Unit economics: ARPU of ₹11.3 L (vs ₹3 L planned) and CAC of ₹35K.
• Pipeline: ₹140 Cr across 250+ companies, with ₹25 Cr of contract value forecast to close in the next 3 months.

Headquarter: Mumbai

Sector : D2C

FitFeast is making protein mainstream in India by solving its three biggest barriers - bad taste, high prices and intimidating formats. Its hero product is a single-serve protein sachet that sits in the white space between traditional nutrition drinks (Protinex, Horlicks) and premium gym-first brands (ON, MuscleBlaze). The product range spans shakes, chips, bars, cookies and peanut butter in exciting flavours. ~90% of revenue comes from its own D2C website at 3.5x+ Meta ROAS, with Blinkit and Instamart pilots validated for Q-commerce scale-up. The company has hit ₹24 Cr net ARR on just ₹2.5 Cr total capital invested, and is backed by cricketers Shane Watson and Axar Patel, IPV and Tetration Ventures, and was featured on Shark Tank India S4.

Stage : Pre-Series A

• Valuation: INR 80 CR
• Ask: INR 12-15 Cr
• ARR: INR 24 Cr (Sep 2026 net ARR)
• MRR: ₹2.01 Cr (Sep 2026 net revenue)

MOAT

• 1) Product Innovation - taste-first, value-first positioning targets 10-15 Cr consumers vs <1-2% for gym-led protein brands resulting in a massive TAM. 2) Growth Hacking - founder’s deep growth-hacking background and a strong creative flywheel (300+ Meta creatives tested monthly) let us scale 5x+ in the last 12 months without losing ROAS (steady at 3.5x+) - something agencies struggle to do. ~90% of revenue comes via own D2C, building 250k+ first-party customers. 3) Manufacturing leverage - primary manufacturer is an equity investor with deep roots in the nutraceutical space and one of India’s largest protein importers, providing hedge against rising protein prices. 4) Celebrity co-builders - Shane Watson and Axar Patel hold equity; Watson co-created the protein cookie.

Traction

• ₹24 Cr net ARR; 5.35x revenue growth in 12 months (₹37.5L in Oct 2025 to ₹200.7L in Sep 2026); FY23 ₹94L, FY24 ₹1.35 Cr, FY25 ₹2.4 Cr, FY26 ₹7 Cr; 250k+ customers; 10k+ pincodes; 30%+ monthly repeat; ₹6.5 Cr raised to date (₹1 Cr pre-seed led by Tetration Ventures, ₹5.5 Cr seed led by IPV); ₹2.5 Cr total capital invested; Blinkit and Instamart pilots validated.

Headquarter: Gurgaon, India

Sector : Health-Tech

Gabify builds Gabify OS, a three-layer platform covering the full care pathway for children with autism, ADHD, and speech delays. Neurolens screens a child in about 5 minutes on any phone, using an AI model trained on 1 lakh+ India-specific datapoints across 189 parameters, with an RCI-registered clinician reviewing every report. Connect is the SaaS practice OS for therapy centres (60+ auto-scored Indian assessments, AI session notes, billing, and a parent portal). Care is a verified specialist marketplace with 300+ clinicians across 50+ centres.

Stage : Seed

• Valuation: INR 25 CR
• Ask: INR 2 CR
• ARR: NA
• MRR: INR 3 Lacs

MOAT

• (1) Proprietary India-specific dataset: 1 lakh+ datapoints, 189 parameters, 9 domains, 22+ Indian languages, validated with AIIMS and ICMR. (2) Full-stack lock-in: records, assessments, reports, and parent relationships live in Connect, so switching means losing the data. (3) A referral flywheel that converts one child into three revenue streams (screening, clinic SaaS, specialist booking). (4) Government integrations: ABDM-integrated, with UDID and RBSK workflow alignment. (5) A near-zero marginal cost structure, so revenue scales without proportional cost.

Traction

• 871 cases managed, 397 registered users, 59 organisations on platform, 377 Neurolens screenings on-platform (5,000+ including pilots and camps), 955 bookings, 1,465 therapy sessions logged, 1,062 clinical reports generated. NPS 42 (industry average 30–35), 5–8% monthly churn for therapy centres, CAC payback under one month, LTV:CAC of 33:1 to 61:1. Recognition includes the CII Award for Excellence in Disability Inclusion (2026), Forbes Asia 30U30, the NCPEDP–Mphasis Universal Design Award, a Top 10 DreamDeal selection, and an IdeaSchool win (₹1 Cr funding). Partnerships include APD (1 lakh screenings target, 60% women workforce), PGI Hospital, and UN Women + UNDP.

Headquarter: Delhi NCR

Sector : Services

A Pet Super App that connects a pet to every service across its entire lifetime, all anchored by a single Digital Pet Identity through an interoperable infrastructure layer Why? A fundamentally broken Pet Care System is risking Pet's Life everyday. Root cause if 70% missed vaccinations, >90% without any credible identity, fragmented medical histories, skipped mandatory treatments, forged documents, and siloed service providers, making Pet Parenting a nightmare.

Stage : Series A

• Valuation: INR 160 CR
• Ask: INR 40 CR
• ARR: -

MOAT

• Our Unassailable Moat is an interoperable, asset-light identity layer. We start by offering a Universal Pet Identity—a single, lifelong, inter-shareable digital record. This creates an immediate, high-switching-cost lock-in. Once a pet’s entire medical and service history is centralized with us, the parent stays with us.
• Most important - Because we provide free CRM and zero-commission enablement to service partners, we align incentives instead of competing with them. This rapidly expands our service coverage across a massive provider network. This means two things: drastically lowered CAC through cross-service discovery and community referrals, and 360-degree omnichannel data visibility on pet spend. As our network grows, our compounding flywheel of data, retention, and scale creates an unassailable, highly defensible moat that local point-solutions simply cannot touch."

Traction

• What we have built is a foundation of 1.3 Lakh Pet Parents, while 3000 Pet Parents are adding every month. We are executing 250 relocations per month through a network of 200+ verified Service Providers in 8 Pet Service Categories which makes our current annualised turnover as ₹15 Cr.

Headquarter: Bengaluru

Sector : D2C

India is about to deal with pain at scale. Its median age is around 29 and pain typically sets in after 30, so as the country ages into its 30s and gets more active, pain becomes an everyday problem. Pain is democratic; care isn't: India has about 1 physiotherapist per 37,000 people against the WHO norm of 1 per 1,000, and most practise in Tier 1 cities, leaving Tier 2 and 3 to rely on oils and home remedies. India has historically bought passive care (braces, supports, soft goods), while active care (heat, TENS, recovery) is largely missing. The incumbents were built in chemist and general trade; as buying moves to e-commerce, quick commerce and D2C, this market is open for a new brand to own. Heatronics is building that brand through two routes: certified active care devices, starting with the hCore heat range made in-house in an ISO 13485, CDSCO Class B and BIS IS 302 certified facility, and pain-relief topicals next.

Stage : Seed

• Valuation: INR 55 Cr
• Ask: INR 8 CR
• ARR: INR 5.85 Cr
• MRR: ₹48.77L

MOAT

• Regulatory moat: ISO 13485, CDSCO Class B and BIS IS 302 certified (~1.5 years to attain); BIS mandate acts as a hard filter on uncertified importers/traders. In-house manufacturing with a fully Indian supply chain at ~50% lower COGS than China imports, enabling a dual OEM + brand engine (OEM funds cash flow, brand drives premium). Proprietary digital platform (NTC sensor, set-point temperature control, auto shut-off); design patents and trademarks filed (Heatronics, HCORE, TWINSHIELD). Two generations / 30+ years in medical devices.

Traction

• FY26 net sales ₹5.83 Cr (+54% YoY), 1L+ units sold, 1.5L+ customers, <0.01% warranty claim rate. Multi-channel: D2C (heatronics.in), Amazon, Flipkart, Blinkit, offline/general trade, plus OEM supply to leading Indian brands — makes most of India's sub-₹1K heating-pad tier.

Headquarter: Noida, Uttar Pradesh, India

Sector : Sports & Fitness

Hudle (Hsquare Sports Pvt Ltd) is a sports community platform and marketplace that lets players discover, book and play 40+ sports across 2,000+ venue partners in 120+ cities, and gives venues booking, payments, staffing, membership and analytics software. Player products include social games, the GRIP rating for racket sports and Hudle Vision (AI cameras for highlights and stats on padel/pickleball courts). Hudle also runs CoPlay, a chain of 36 operated centres. FY25-26: INR 180 Cr annual GMV (+93% YoY), INR 23 Cr revenue, gross margin ~45%.

Stage : Series B

• Valuation: INR 300 cr
• Ask: INR 70-100 Cr
• ARR: INR 24 cr
• MRR: INR 2 cr

MOAT

• Full Stack Platform solving every need of a recreational player and venue owner

Traction

• 180 cr Annual GMV, 1,50,000 games per month

Headquarter: Delhi

Sector : Agri-Tech

MangoPoint is an integrated, traceable mango B2B value chain and processing co- converting fresh mango into higher-value ingredients and products with one Mango and multiple value streams, making it a near zero-waste model. With deep sourcing access & a connected tech stack converting seasonal mango intake into year-round revenue through shelf-stable products and high-margin ingredients

Stage : Series A

• Valuation: INR 160 CR
• Ask: INR 30 CR
• ARR: INR 45 CR
• MRR: INR 3 CR

MOAT

• GENERATIONAL EXPERIENCE IN MANGO ECOSYSTEM

Traction

• 6 YEARS GROWING AT 100%

Headquarter: CHENNAI

Sector : Enterprise Tech

MBG Card is a SaaS-based digital marketing and automation solution from the very beginning, built to help businesses grow by simplifying customer engagement, improving online visibility, and automating interactions across channels such as WhatsApp, Facebook, Instagram, Google, and more. It focuses on digital transformation by enabling automated sales, support, and marketing through chatbot technology and multi-channel automation. MBG Card follows an education-first policy, ensuring users understand digital tools before implementation, and provides a user-friendly SaaS platform designed especially for non-tech-savvy users. Our aim is to transform Bharat into Digital India by empowering businesses at every level with accessible and practical digital solutions. With services including chat automation, local SEO, website development, and Google Business optimization, MBG Card supports small and medium-sized businesses in scaling efficiently and sustainably.

Stage : Pre-Seed

• Valuation: INR 200 CR
• Ask: INR 36 CR
• ARR: INR 25 CR
• MRR: INR 2.1 CR

MOAT

• A single dashboard enabling multi-channel automation through an education-first approach, empowering non-tech-savvy businesses to do zero-budget digital marketing while reducing manual effort and saving time.

Traction

• July 2026 - 1.9 Cr
• August 2026 - 1.8 Cr
• September 2026 - 1.37 Cr

Headquarter: Jabalpur , MadhaPradesh

Sector : Health-Tech

MediSim VR is an EBITDA-positive healthcare workforce training company that builds and operates fully managed VR simulation labs for medical and nursing institutions. Founded in 2018 at IIT Madras and incubated at Johnson & Johnson Innovation Labs (Boston), the company solves a critical structural problem: medical students currently learn procedures from textbooks and first practice on real patients, with no objective measure of competency. MediSim VR's full-stack solution—comprising patented VR stations, a curriculum-aligned clinical content library (mapped to NMC, GMC, and AAMC standards), AI-driven competency analytics, and on-site operations—enables institutions to deliver safe, repeatable, and measurable practical training. This is driven by a massive regulatory tailwind: India's National Medical Commission has mandated simulation labs and competency-based training at every medical college. MediSim VR capitalizes on an existing budget—colleges already collect a simulation fee from students—by offering a zero-CAPEX model where they own the hardware and charge a recurring annual license (₹35–65 lakh per institution). With 25+ institutional clients including AIIMS Delhi, Apollo, and Manipal, 168% net revenue retention, zero churn, and FY26 revenue of ₹7.5 Cr (guiding to ₹15–18 Cr for FY27)

Stage : Pre-Series A

• Valuation: INR 200 CR
• Ask: INR 30 CR
• ARR: INR 24 Cr
• MRR: INR 2 Cr

MOAT

• Deep institutional lock-in through managed lab operations, an AI engine building clinical content in 4 days, and proprietary competency data

Traction

• 25+ institutions, 10k+ users, FY27P is ₹18 Cr revenue, EBITDA positive, zero churn.

Headquarter: Chennai, India

Sector : Enterprise Tech

AI agents are only as good as the data underneath them, and e-commerce data is fragmented across a dozen tools: Shopify, Amazon, Meta, Google, ChatGPT Ads, checkout, WhatsApp and logistics. BooleanMaths is the data layer that fixes this. It captures accurate data at the source through server-side tracking, cart-token recovery from third-party checkouts, and cross-browser identity stitching. It then models that data into a consistent set of decision-ready metrics: attribution, SKU-level P&L, cohorts/LTV and creative intelligence. Through MCP, any agent (Claude, Gemini or ChatGPT, or a brand’s own) plugs in and gets the same trusted answer. Agents then act on it by training ad conversion APIs, building high-intent audiences, running WhatsApp retention, and triggering stockout and spend alerts. BooleanMaths is India-first, built for RTO/COD and Indian checkout and logistics realities. 100+ brands run on it today at $6,733 MRR, up 16.5x in eight months. It is incubated at BITS Pilani (PIEDS) and backed by Inflection Point Ventures.

Stage : Seed

• Valuation: INR 45 CR
• Ask: INR 7.10 Cr
• ARR: INR 0.7 CR
• MRR: $6,733 (as of 20 Sep 2026)

MOAT

• Agents are commoditising, but the data layer beneath them is not. The moat has three parts.
• Data: clean, unified, India-specific data across ads, P&L, RTO/COD, checkout recovery and marketplaces, refined over years of edge cases; no agent can rebuild it from APIs alone.
• Consistency: one metric framework exposed via MCP, so every agent returns the same answer, which a brand cannot get by pointing an LLM at raw sources.
• Foundation: once a brand’s agents, CAPI, audiences and retention flows run on BooleanMaths, the layer becomes infrastructure (“nothing works without it”). India-first integrations (GoKwik, Shopflo, Indian shipping partners) are a further barrier for global tools.

Traction

• 100+ brands on the data layer, 25+ case studies.
• MRR is up 16.5x in 8 months (44% MoM), and net new MRR grew from ~$400/mo to $2,280 in Sep.
• Agent usage: 350 monthly active marketers average 165 MCP prompts/month, and MCP adoption is up 4x in 3 months.
• Cohort retention is 80% for the oldest cohorts and 90%+ for recent ones,
• and new-cohort ARPU is up 5.3x ($39 → $207).

Headquarter: Mumbai, India

Sector : Clean-Tech

MOOEV is building an integrated, asset-light EV freight operating platform that combines electric truck deployment, charging infrastructure and proprietary fleet management software to make heavy-duty EV logistics commercially viable and scalable. The company addresses a key challenge in EV logistics: deploying electric trucks is only half the problem; maximising their utilisation and ensuring sustainable returns is what drives profitability. MOOEV’s technology automates charging schedules, vehicle allocation and fleet operations to reduce downtime, optimise truck utilisation and improve asset-level economics.

Stage : Pre-Series A

• Valuation: TBD
• Ask: INR 25 Cr
• ARR: INR 4 CR
• MRR: ~ 30 Lakhs per Month

MOAT

• Unique operational tech stack that maximizes asset utilization

Traction

• Existing operations: 4 electric trucks operational with JK Cement in Karnataka, supported by 2 charging stations. The current fleet generates approximately ₹4 Cr in annual revenue.
• Demand pipeline: Over 400 vehicles of potential demand from existing customers across different plants, 300+ vehicles from other industrial customers, and around 50 vehicles targeted for ports this financial year.
• Customer expansion: JK Cement has proposed additional EV fleet deployment, with opportunities to scale by another 100 vehicles across existing and adjacent customers. MOOEV is also engaging with the JSW group, which is looking for an integrated operator for EV fleet and charging logistics.
• Growth trajectory: Monthly revenue grew 3.6x between March and August 2026. The company is targeting 100 trucks over the next 12 months, with projected annual revenue of ₹100 Cr+.

Headquarter: Chennai / Bengaluru

Sector : D2C

PINQ POLKA is building India’s first fashion-forward, comfort-first innerwear brand combining functionality, innovation and modern design for Indian bodies, outfits and weather. The brand being one of the first in India began by solving overlooked intimate-wear problems through products such as nipple covers, breast tape, breast cups, and other invisible fashion solutions. This focused approach helped them build strong consumer trust before entering larger innerwear categories like shapwear and comfort bras and underwear. Over the last three years, PINQ POLKA has scaled annual revenue nearly 16X—from ₹1.22 crore in FY 2022–23 to ₹19.24 crore in FY 2025–26. The business has generated ₹42.85 crore in lifetime sales, reached an MRR of approximately ₹2 crore and served more than five lakh customers. Brand's entry into shapewear has opened the next growth chapter generating more than ₹50 lakh in its first month and proved the product market fit and supported strong business sense to scale the category. Within approximately five months, shapewear grew to contribute around 31% of overall revenue, with repeat purchases of nearly 35%. Brand is seeing similar potential in bras. With the launch of India's thinnest Cleavage Bra, the brand generated approximately ₹30 lakh per month, even before the launch of a wider functional comfort-bra portfolio. PINQ POLKA’s next phase is focused on expanding shapewear and entering the high-frequency bra and underwear categories with differentiated, research-backed products. With proven consumer acceptance, strong margins, an established omnichannel base and a clear product pipeline, the brand believes to be well positioned to scale towards ₹100 crore in revenue over the next 30 months.

Stage : Pre Series A

• Valuation: INR 70 Cr
• Ask: INR 8 Cr
• ARR: INR 22.8 CR
• MRR: 1.9 cr

MOAT

• 1. Consumer Problem Intelligence
• We build around problems conventional innerwear doesn't solve.
• 2. Product Innovation Engine
• Rapid concept → test → PMF → scale capability.
• 3. Consumer Permission
• Trust built in intimate solutions allows expansion into bras, shapewear and everyday innerwear.
• 4. Hero Product Playbook
• Repeatable ability to create differentiated SKUs that become meaningful revenue contributors.
• 5. Fashion × Function Brand Territory
• A distinct position between traditional lingerie, shapewear and fashion.

Traction

• 1. ₹42.85 Cr+ Lifetime Sales
• 2. 5 Lakh+ Customers
• 3. 16× Revenue Growth FY23 → FY26
• 4. ₹19.24 Cr FY26 Revenue
• 5. 81% Gross Margin
• 6. 51%+ of business already coming from newly launched Shapewear + Bras

Headquarter: Faridabad, Haryana

Sector : Consumer-Tech

Founded by IIT Delhi alumni, PrimeOS is a patented, award-winning Made-in-India operating system powering affordable Primebook laptops. Designed for AI-ready productivity, it delivers speed, extended battery life, and Android/Linux capabilities on budget hardware. With 100,000+ devices sold, 4.5/5 ratings, and revenue growing from ₹30 Cr in FY25 to ₹55 Cr in FY26 and ₹125 Cr is projected in FY27. PrimeOS transforming affordable computing in India.

Stage : Series A

• Valuation: INR 400 CR
• Ask: INR 50 CR
• ARR: INR 125 Cr
• MRR: INR 9 Cr

MOAT

• Operating System

Traction

• 100k+ MAU

Headquarter: New Delhi

Sector : Fin-Tech

Roopya is an AI-driven, low-code Lending-as-a-Service (LaaS) infrastructure platform engineered to streamline and automate end-to-end credit operations for financial institutions, fintechs, and lenders. By unifying digital loan origination, automated underwriting, custom credit scoring models, and multi-lender integrations into a single developer-friendly ecosystem, Roopya enables organizations to rapidly build, deploy, and scale tailored lending products with minimal engineering overhead and zero-downtime reliability.

Stage : Pre Series A

• Valuation: INR 125 CR
• Ask: INR 10 CR (3 Cr Soft commitment)
• ARR: INR 5 CR
• MRR: INR 40L

MOAT

• Go to lending infra platform for mid and small sized NBFCs
• RBI CICRA 'Specified User' designation (Sept 2022) — direct credit bureau access, a status not granted to every fintech that applies.
• Only platform in India combining lending infrastructure and capital in one signup — competitors offer one or the other, not both.
• 100% proprietary no-code AI stack — loan product launch reduced from months to 4–7 days.
• AI agents (launched Jan 2025) automate document verification and underwriting; NLP generates insights from complex data.
• 350+ data point underwriting engine integrated with all four major credit bureaus (CIBIL, Experian, Equifax, CRIF).
• 300+ pre-integrated APIs covering KYC, payment gateways, and banking — lenders go live without heavy IT spend.
• RBI-compliant autonomous lending workflows with full audit trails and mandatory human escalation for regulatory edge cases.
• Founder-market fit: Raman Vig (ex-VP CRIF, ex-HDFC, Tata Capital, Deutsche Bank) and Sudipta K Ghosh (ex-Tata Capital, Tata Steel) — 37+ years combined lending and underwriting experience.

Traction

• 250+ Cr loans processed in CY25.
• 25+ clients onboarded and counting.
• ₹25L MRR (Mar'26) | ₹4 Cr ARR.
• Tata Steel partnership: ₹30 Cr disbursed | <0.5% NPA | 2,200+ active sellers.
• Embedded finance AUM: ₹10 Cr.
• Revenue trajectory: ₹4 Cr ARR (Mar'26) → ₹30 Cr ARR (Mar'27) → ₹50 Cr ARR (Mar'28).
• Target: 100 clients by Mar'27 | 250 clients by Mar'28.
• 40 Cr active retail borrowers in the addressable market, growing 12–15% p.a.

Headquarter: Kolkata/Gurgaon

Sector : Sports & Fitness

TIDA Sports runs structured sports academies inside school campuses after school hours, on one curriculum, one coach network and one app. Schools earn a revenue share on otherwise idle grounds; parents get safe, professional coaching for their child at their own school, with assessments, levels and fitness reports in the TIDA app; children get leagues, leaderboards and a federation-linked pathway to state, national and international competition through the TIDA Performance Centre. TIDA runs 26 centres with 1,611 regular students and 180+ coaches across Punjab, Chandigarh tricity, Haryana, Uttarakhand and Rajasthan, partnered with chains including DAV, Sri Chaitanya, GD Goenka and St. Mary's. Mission: produce the maximum number of Indian Olympians in 2036.

Stage : Series A

• Valuation: TBD
• Ask: INR 12 Cr (5 Cr Soft Commitment)
• ARR: ~INR 5.2 Cr
• MRR: ~INR 43 lakh (~$50K), Apr-Aug 2026 average

MOAT

• Trust, built in three layers.
• (1) Founder: Adit ran a group of 3 schools (3,000+ children) for 5+ years, played football at national level, and opened North India's first Prakash Padukone academy, a Bhaichung Bhutia Football Schools academy, Minerva football academies and the first Harbhajan Singh cricket academy at his own school, so he knows first-hand why academy brands have not scaled.
• (2) Distribution through trusted school names: DAV, Sri Chaitanya, GD Goenka, St. Mary's, DPS, Apeejay, Bhavan, Milestone; one chain approval unlocks 50-900+ schools; schools are slow to sign and slow to switch, and no school has ever closed a TIDA centre.
• (3) Children's results: 103 district, 40 state, 20 national-level results and 3 athletes representing India. Plus city density (~10 schools per city), a growing talent dataset from every assessed child, and low venue cost via revenue share on existing school grounds.

Traction

• 1. 26 centres (8 at pre-seed, 12 at seed, 23 at bridge); 1,611 regular students (200 at pre-seed) + ~1,500 seasonal; 180+ coaches; 500+ schools in pipeline.
• 2. Revenue ~2.3x year on year (FY27 Apr-Aug ~$253K vs ~$110K same period FY26). 16 of 27 centres contribution-positive in Sep 2026 (before equipment and marketing).
• 3. Students stay up to 7 years; 600+ in-home sessions a month; ancillary sales (equipment, jerseys, kits, in-home MMA) $11.7K Jun-Oct 2026.
• Raised INR 3.75 Cr to date: pre-seed INR 40 lakh @ INR 10 Cr, seed INR 3 Cr @ INR 20 Cr, bridge INR 35 lakh @ INR 40 Cr cap (IPV, WeFounderCircle, EvolveX, angels).

Headquarter: Mohali, Punjab (Chandigarh tricity), India

Sector : DeepTech

Treacle Technologies is an IIT Kanpur-incubated deep-tech cybersecurity company, founded in 2021, that builds proactive defence instead of reactive security. Its flagship product, i-Mirage, places AI-driven decoys across a network, so any attacker who touches one is detected early, with near-zero false positives and malware capture for forensic analysis. i-Mirage is live with paying customers across banking, financial-market regulation, airports, and state police, with zero customer churn. It is sold through Tier-1 system integrators. FY26 revenue was INR 2.42 Cr, up 2.8x year on year. Two more products, AD Squirrel and an AI SOC agent, are due later this year.

Stage : Pre Series A

• Valuation: INR 70 Cr
• Ask: INR 15 Cr
• ARR: INR 2.2 Cr.
• MRR: INR 18 Lakhs

MOAT

• Treacle’s moat is research-backed technology. Treacle i-Mirage grew out of IIT Kanpur research. Its AI engine adapts decoys to each attacker’s behaviour, and it captures malware for forensic analysis. This produces near-zero false positives, which is hard for conventional tools to match. The product is MITRE ATT&CK-mapped and carries a registered trademark. It has cleared bank-grade technical evaluation and is sold through Tier-1 integrators, with zero customer churn and three repeat or renewed orders.

Traction

• Treacle i-Mirage is live with paying institutional customers across banking, financial-market regulation, airports, state police, state government, higher education and precision engineering, with zero customer churn and three repeat or renewed orders. FY26 revenue was INR 2.42 Cr, up 2.8x from INR 0.87 Cr, and the company exited the year at about INR 2 Cr ARR. Revenue over the last four quarters was INR 4.30 Cr. Our product caught 10 zero-day attacks in customer environments in the last 12 months, and we hold a qualified pipeline of INR 25 Cr+.

Headquarter: Technopark@iitk, Phase-1, Opposite NCC Office, Indian Institute of Technology Kanpur, Kanpur – 208016, Uttar Pradesh

Sector : E-Commerce

Urvann is India's first gardening hyperlocal platform. Our product portfolio includes live plants, soil, planters and gardening accessories. We started operations in 2021 with Gurugram as pilot and gradually scaled to entire Delhi NCR and Bangalore. We are currently at around INR 2 crore per month (Being EBITDA positive) and looking to scale this quickly to around INR 10 crores in the next one year. Our biggest differentiator is the operational model that we have developed over the last 5 years. We provide the customers with the convenience of buying plants online with the advantage of the variety, prices and quality of an offline plant store. From the current fund raise, we are looking to rapidly scale operations across top tier-1 cities and also enable quicker deliveries through our own dark store network as well as partnering with Q-comm players like Blinkit (Pilot operations started) and Zepto (Operations to commence in a week's time)

Stage : Series A

• Valuation: INR 120 CR
• Ask: INR 20 CR
• ARR: INR 25 CR
• MRR: INR 2.1 CR

MOAT

• Live plants category is a difficult category to crack in the online space. Our core competency is the operational excellence that enables us to match offline prices. We provide offline variety and quality with online convenience.

Traction

• Currently operate in Delhi NCR and Bengaluru, having served over 4 lakh customers and fulfilled more than 12 lakh orders since inception; Generated cumulative revenue of over ₹60 crore to date.

Headquarter: Delhi

Sector : DeepTech

Vividobots Private Limited is a robotics and automation startup developing innovative solutions for building maintenance and industrial applications. Its flagship product, Wiperque, is a robotic glass façade cleaning system designed to make high-rise cleaning safer, faster, and more efficient. By integrating suction-based adhesion, controlled movement, automated brush cleaning, wireless operation, and real-time monitoring, Wiperque reduces manual intervention, improves productivity, and targets significant water savings. The company aims to transform conventional cleaning practices through scalable, cost-effective, and sustainable robotic automation.

Stage : Pilot Deployment

• Valuation: INR 40 Cr
• Ask: INR 4 CR
• ARR: NA
• MRR: NR

MOAT

• Wiperque’s MOAT lies in its specialized robotic adhesion and cleaning technology, accumulated engineering know-how, field-validated performance, and scalable service-based business models, strengthened over time through intellectual property protection and customer partnerships.

Traction

• Established pilot/customer engagements with L&T Chennai, Ace Capitol Noida, Apple Tree Building Maintenance, and Brigade Tech Gardens Bengaluru. It is expanding enterprise discussions with JLL India, GMR/Hyderabad Airport, and Decathlon Bengaluru, while pursuing strategic partnerships and commercial deployments.

Headquarter: Chennai