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Home Funding News Biome announces first close; raises Rs 100 Cr to build co-founded startups

Biome announces first close; raises Rs 100 Cr to build co-founded startups

Biome has committed ₹100 crore over the next three years to co-found and scale high-impact startups with strong operational backing.

By Jitendra swami
New Update
Biome announces first close; raises Rs 100 Cr to build co-founded startups

Biome, a Venture studio has completed the first close of its capital raise, bringing together a group of backers that includes entrepreneurs and strategic family offices.

Biome is built for experienced founders ready to start from scratch, offering deep operational support. Each year, it co-creates a few high-conviction startups through a fully integrated model that combines strategy, talent, and capital.

Read also- Xovian Aerospace raises $2.5 Mn in Pre-Seed round led by Piper Serica and TurboStart

Biome’s first close brings in prominent backers including BVR Mohan Reddy, Prasad Yerneni, and Abhinav Reddy, as well as the family offices of Raj Phani (Zaggle), Aditya Vuchi and the Phoenix Group.

These investors bring more than just capital—they also offer strategic networks across enterprise, infrastructure, and innovation, adding significant value to Biome’s co-creation model.

Biome has committed ₹100 crore over the next three years to co-found and scale high-impact startups with strong operational backing. Its early bets include a stealth-mode frontier AI venture based in the US, led by a globally renowned AI scientist, and Zoop.Money, a startup redefining access to home loans.

“At Biome, we’re not deploying capital from the sidelines — we’re building hands-on with our founders,” said Srinivas Kollipara, Managing Partner at Biome. “We’ve built Biome to be the kind of early partner we believe early-stage companies truly need: deeply embedded, execution-led, and committed through every phase of growth. Our capital doesn’t just support companies — it helps build them, brick by brick”.

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"Through its mission of transforming ‘Ideas to Enterprises,’ Biome and its portfolio firms are built and operate on a foundation of strong ethos, robust governance, operational & financial excellence, and a thriving entrepreneurial ecosystem,” said Madhu Poomalil, Managing Partner, Biome.

“While India excels with instant payments via UPI and quick unsecured personal loans, the time taking manual processes in secured loans like home loans – taking weeks or months to get sanctioned – hinders economic progress,” said Nishant Mehta, CEO, Zoop.Money. “While UPI moves money in seconds, secured credit still takes weeks. That is the bottleneck we are solving. Our partnership with Biome has been crucial. Their full-stack team has helped us build quickly, set up core functions and execute with focus,” he added.

Led by Srinivas Kollipara, Madhu Poomalil, Kaustubh Patekar, and Zaran Bhagwagar, Biome is a venture studio that originates and co-founds startups from the ground up. 

Its operating team includes experienced product leaders, growth experts, and domain specialists who are embedded into each venture from day one—fast-tracking validation, execution and growth.

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