IvyCap Ventures, founded in 2011, is an Indian venture capital fund that utilizes the networks of IIT and IIM alumni to support and nurture the startup ecosystem in India. The Platform has a portfolio of 50+ companies spread across sectors such as ConsumerTech, HealthTech, Fintech, EdTech, Saas, Enterprise Tech, DeepTech, and others.
IvyCap Ventures has 54 companies in its portfolio. On May 16, 2023, they made their most recent investment in Agraga (Series A Round). Purplle is the only unicorn owned by IvyCap Ventures. There have been 8 portfolio exits for IvyCap Ventures. The three most noteworthy exits are Bewakoof, Clovia, and Aujas.
Here is the list of the IvyCap Ventures Startup Portfolio | Startups Funded by IvyCap Ventures
Manish Taneja and Rahul Dash founded Purplle.com, an e-beauty platform in India that was established in 2012. They have over 7 million monthly active users base, and Purplle.com has become one of the largest platforms in the country for beauty products.
They offer a wide range of options with more than 1000+ brands and approximately 50,000 products, all accessible through their website and mobile application. IvyCap Ventures had invested ₹15 crore in Purplle, in a Series A funding round back in 2015. Purplle gives 22x return to the lvyCap.
In 2011 founded by Gaurav Singh Kushwaha, BlueStone is India’s leading digital-first fine jewelry brand. As an omnichannel jewelry brand, BlueStone provides excellent customer experience by placing a primary focus on top-notch quality and exquisite craftsmanship in its products.
Bluestone Raises $16 Mn From IvyCap, Accel, and Dragoneer in Jul 2015. IvyCap Ventures, Iron Pillar, and 4 more investors invested $1.95M in a Series D round on May 29, 2020.
Founded by B G Krishnan, eShakti is an international women’s fashion brand That made personalized clothing for every customer. Its global presence is in over 30 countries, including Canada, Australia, the UK, France, and Germany.
eShakti raises an undisclosed amount in Series B Funding From IvyCap & IDG Ventures. The Platform has more than 10 investors in its portfolio such as Chiratae Ventures, Innoven Capital, BlackSoil, IvyCap Ventures, and others.
Founded by Sneh Vaswani, Chintan Raikar, and Prashant Iyengar, Miko is an advanced robotics company that is dedicated to addressing significant consumer challenges by developing emotionally intelligent solutions.
Miko had raised ₹50 crore as a part of its latest fundraiser led by IvyCap Ventures. The Startup has raised a total funding of $61.9M in 14 rounds.
Mumbai-based Bewakoof.com, founded in 2012 by Prabhkiran Singh, is an online D2C fashion shopping site.
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Bewakoof raised $4 million from IvyCap Ventures on March 2021. The Startup had a total of 64 investors including Investcorp, Anicut Capital, AngelList, IvyCap Ventures, and others.
Founded by Siddharth Darbha, Advaith Mohan, and Ajith Kochery. Wagr is India’s first location and fitness tracker designed specifically for dogs.
Wagr had a total of 72 investors in its portfolio such as IvyCap Ventures, IPV, SAE, Kibo Capital Partners, and other Investors of which 11 were Institutional and 61 Angels.
Delhi-based Lendbox is founded by Ekmmeet Singh, Bhuvan Rustagi, and Jatin Malwal. It is an RBI-licensed NBFC – peer-to-peer lending platform.
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Lendbox had secured a total funding of $1.51M in 3 rounds. The Startup had 4 investors in its Potfolio including IvyCap Ventures, Online Potato Consultancy, Lumitree
Mumbai-based ftcash is founded by Vaibhav Lodha, Deepak Kothari, and Sanjeev Chandak. It aims to promote financial inclusion among underserved micro-merchants by leveraging digital payments and loan services.
Ftcash has 19 investors including Citi, 500 Global, FMO, Village Capital, IvyCap Ventures, and others. The platform secured a total funding of $14.8M in 6 rounds.
Fingpay, a subsidiary of Tapits Technologies Pvt Ltd, is a brand backed by ICICI Bank and IvyCap investments. Founded in 2016 by Pratyush Halen and Anuraag Agarwal, It aims to foster financial and digital inclusion by harnessing the power of technology.
Fingpay raises $3.5 mn from IvyCap Ventures on Aprl 2020. The Platform had secured total funding of $3.72M over 2 rounds.
Biryani By Kilo
Biryani By Kilo is a food service company founded by Vishal Jindal, Ritesh Sinha, and Kaushik Roy. The platform prepares and delivers authentic food, especially Biryani.
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Biryani By Kilo has a total of 91 investors in its portfolio such as SBI, Alpha Wave, Smile Group, and Yukti. The Platform had secured a total funding of $46.9M in 6 Seed and 5 Early-Stage
Founded by Arvind Murali, Avinash B R, Santosh Narasipura, and Gururaj Rao. It is a D2C brand for fruits & veggies in Bengaluru & Hyderabad.
Deep Rooted secured $12.5 million in funding led by IvyCap in Sep 2023. The Platform had 4 investors in its portfolio including Accel, Mayfield, IvyCap Ventures, and Omnivore.
Eggoz was founded by Abhishek Negi, Aditya Singh, and Uttam Kumar. The platform provides anti-biotic-free eggs sourced directly from farmers.
Eggoz had raised Series B funding of $8.8 million led by Mumbai-based IvyCap Ventures Pvt Ltd on Dec 2022. The Startup had raised a total funding of $15.1M over 7 rounds.
Delhi-based Elucidata was founded by Abhishek Jha and Swetabh Pathak. The platform builds algorithms and software for biotech companies.
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Elucidata had raised $5 million (Rs 36.4 crore) in its pre-Series A funding round led by IvyCap Ventures on Jan 2021. The Startup had raised a total funding of $22.7M over 4 rounds.
Gurgaon-based Lissun is founded by Krishna Veer Singh and Tarun Gupta. It is a tech-enabled mental health startup that supports people in fulfilling their mental and emotional wellness needs.
Lissun had a total of 38 investors in its portfolio such as IvyCap Ventures, We Founder Circle, Stargazer, Supermorpheus, and others investors. The Startup secured a total funding of $1.52M in 3 rounds.
Convosight is founded by Tamanna Dhamija and Tarun Dhamija, It is a first-of-its-kind global community management platform that provides creators with unique opportunities to monetize their content and establish meaningful connections with their members.
Convosight had secured $4.6 million in a pre-Series B round which is co-led by IvyCap Ventures and Qualgro Venture Capital in 2022. IvyCap Ventures and Qualgro Venture Capital invested Rs 16.46 crore each.
In 2007, founded by Venkat Nott, Annajee Nott, and Deepak Singla. It is a worldwide software company that facilitates Omni Channel Retailing, assisting brands and retailers in effortlessly expanding their operations to reach and satisfy customers across various channels on a global scale.
Vinculum Solutions hastotal 24 investors in its portfolio such as Accel, Partners For Growth, Innoven Capital, RB Investments, and more. The Startup secured a total funding of $21.7M in 10 Early-Stage and 2 Late-Stage.
Singularity Automation is an Internet of Things (IoT) platform that helps property owners in the realm of shared living, working, and hospitality, enabling them to enhance the efficiency of their property management processes.
It is founded by Akash Goel and Chakradhar Reddy. Singularity Automation Pvt. Ltd had received Rs 8.5 crore from IvyCap Ventures in the pre-Series A round on Mar 2020. The Platform had raised a total funding of $1.24M in 3 rounds.
Bidgely was founded by Abhay Gupta, The platform unlocks the power of data and AI to be an indispensable innovation partner for the modern energy provider.
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Bidgely secured ₹15 crore, from IvyCap Ventures, on Mar 2021. The Platform used this fund to accelerate its growth in the Indian market.
Bengaluru-based FieldEZ is Founded by Megha Birudavolu. The platform helps customers digitize and transform field operations.
It is designed for small and medium businesses. FieldEZ has 4 investors including Chiratae Ventures, IvyCap Ventures, and NuDigiTranz. The Platform has secured total funding of $3.68M in 5 rounds.
Get My Parking
In 2015, founded by Chirag Jain and Rasik Pansare. It is an IOT-based smart parking platform based out of New Delhi.
Get My Parking secured $6 million in a new funding round led by IvyCap Ventures in May 2021. Some Existing investors IAN Fund also participated in the round.
Boston-based Trillbit is founded by Shashikant Burnwal, Bhaskar Deo, and Mrigesh Parashar. The platform provides innovative software solutions which offer advanced methods of authenticating individuals and objects, eliminating the need for passwords.
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Trillbit has a total of 28 investors in its portfolio such as Techstars, Western Union, CIIE, and IvyCap Ventures with which 16 Institutional and 12 Angels.
OnlineSales.ai was founded by Ashish Mehta and Kaushik Paranjape. It is transforming the co-op marketing industry by creating the leading platform for cooperative and collaborative marketing.
OnlineSales has 21 investors in its portfolio such as Sequoia Capital, Athera, IvyCap Ventures, Groundupp Ventures, and 17 others. It has secured a total funding of $2.21M over 2 rounds.
Bangalore-based Superpro.ai is founded by Gaurav Tripathi, Sagar Ramteke, Vivek Kumar, and Vijay Goel. The platform offers businesses the ability to deliver exceptional customer experiences to their clients through automated video workflows.
Superpro.ai had 14 investors in its Portfolio such as Trinity Ventures, SOSV, MOX, IvyCap Ventures, and 10 others.
YelloSKYE contributes value and facilitates informed business decisions by providing sophisticated aerial intelligence solutions.
The platform is founded by Kiran Shah and Kush Agarwal. The Startup has raised an undisclosed amount in a seed funding round from lvyCap in Mar 2022.
GMetriXR is a no-code toolkit that empowers users to develop practical metaverse applications. It is the WordPress of the metaverse.
The platform is founded by Utsav Mathur and Sahil Ahuja. The Platform is backed by lvyCap.
Mumbai-based Purple Tutor Founded by Gaurav Perti and Yatish Gupta, is an edtech platform that offers live, online classes to kids aged 6-16 yrs.
Purple Tutor has 19 investors in its portfolio such as IvyCap Ventures, Logx Venture Partners, Disruptors Capital, Sheel Oil & Fats, and 15 more.
Mumbai-based Expertrons is the first AI video bot platform, that has been designed to aid students and professionals in their interview preparation. It is founded by Vivek Gupta and Jatin Solanki.
Expertrons had raised $2.3 million in Pre-Series A funding from Venture Catalysts, Auxano Capital, Venture Garage, Yoga Capital, Ah! Ventures, Lead Angels, and Hyderabad Angels on Aug 2021.
Some Existing investors LetsVenture, Ivycap Ventures, IVS, and Nikhil Vora also, take participated in the round. In April 2020 platform secured $700,000 in a Seed round from LetsVenture, Ivycap Ventures, and Iceland Venture Studios.
Celcius is an Indian startup that operates as a cold-chain marketplace, which offers the sole aggregator platform in the country. The company provides exclusive and advanced technology as well as operational solutions for reefer logistics and cold storage warehousing.
Celcius raises Rs 100 cr in a funding round led by IvyCap Ventures on April 2023, Earlier it had raised raised Rs 35 crore from Mumbai Angels, Supply Chain Labs, Endurance Capital, VCats, Huddle, Eaglewings Ventures (EVAN), and others.
Hyderabad-based ZestIoT is founded by Amit Sukhija, It is an IoT & AI-enabled aviation platform that integrates various aspects of air travel, including passenger services, baggage handling, aircraft operations, ground services, and airport operations.
The Startup has secured $6.5 million in a Series A funding round, led by IvyCap Venture on May 03, 2023. Loyal VC, a Toronto, Ontario-based venture fund also take participation in this round.
IvyCap Ventures is doing fabulous work in the Startup field, the platform not only helps Indian startups, but they also invested in many countries. Apart from this they also invested in multiple sectors. IvyCap Ventures not only help them financially but also nurtures them.
Frequently asked questions (FAQs)
What is the IvyCap Ventures Startup Portfolio | Startups Funded by IvyCap Ventures?
Purplle, BlueStone, eShakti, Miko, Bewakoof.com, Wagr, Lendbox, ftcash, Fingpay, Biryani By Kilo, Deep Rooted, Eggoz, Elucidata, Lissun, Convosight, Vinculum, Singularity Automation, Bidgely, FieldEZ, Get My Parking, Trillbit, OnlineSales.ai, Superpro.ai, YelloSKYE, GMetriXR, Purple Tutor, Expertrons and Celcius ZestIoT are the startups funded by IvyCap Ventures.