An angel network of industrialists and domain experts. We invest at TRL 6 and beyond: when the technology works and capital is hardest to find.
Next forumSaturday 3 October, 9:30 amIIT Madras Research Park, ChennaiSoonOne company we seeded at a Rs 16 Cr valuation is now valued above Rs 1,000 Cr. Three went on to raise from Accel. Exits include GoBumpr, acquired by TVS, and Ressy, acquired by eatigo.
Every dot is a company we backed. One line runs around all of them, the way a keiretsu links its members.
Design in India,
not just make in India.
We back teams that own their IP and replace what India imports today: industrial AI, robotics, defence, mobility, medtech.
Once a Keiretsu Chennai company proves out, these investors have followed our first cheque.
Members are C-suite leaders, founders and domain experts in electronics, mobility, medicine, AI and sustainability.
Once a month at IIT Madras Research Park, startups pitch to the members. Then the room discusses each one in Mindshare. Guests are welcome to watch.
85 companies since 2015, one dot each. Tap a sector, then a dot. Every company we profile has its own page.
The full record. Breakouts, exits and the companies that did not make it. Deep tech is hard, and we back it anyway.
47 profiled here, 85 dots in all
Companies that have been acquired, or where members have sold their stake.
AI that watches industrial sites for safety risks in real time.
T-Pulse combines AI and IoT to monitor industrial sites in real time, at Shell, Vedanta and other global majors. Present in 12 countries. Follow-on backers include Shell Ventures and Naspers.
Public information only. Figures are the companies' own announcements.
Compact underwater robots that inspect dams, bridges, ports and oil and gas assets.
India's first compact ROVs for underwater inspection of dams, bridges, ports and oil and gas assets, with AI to read what they see.
Public information only. Figures are the companies' own announcements.
Robots that 3D-print carbon fibre parts for aerospace and clean energy.
Carbon fibre 3D printing (the FibrBot series) for aerospace and clean energy. A supplier to ISRO.
Public information only. Figures are the companies' own announcements.
Wireless access control for buildings, run from the cloud.
Cloud-based wireless access control for enterprises. The third K4C portfolio company to be backed by Accel.
Public information only. Figures are the companies' own announcements.
Connected electric vehicles for last-mile logistics.
Connected EVs across two-, three- and four-wheelers for last-mile logistics and shared mobility, with a fleet of 1,500+ vehicles.
Public information only. Figures are the companies' own announcements.
Kits that convert autorickshaws to electric, with battery leasing.
Retrofit kits for autorickshaws with battery security and predictive maintenance, sold as a kit plus battery leasing.
Public information only. Figures are the companies' own announcements.
An electric, autonomous farm tractor.
The world's first electric autonomous tractor: a 6-hour runtime and an 80 km range, cutting operating costs up to four times against conventional tractors.
Public information only. Figures are the companies' own announcements.
Battery swapping, so EV owners pay for energy, not batteries.
An operating system for battery swapping in Tier-1 India that turns the battery from a capital cost into a running cost for EV owners.
Public information only. Figures are the companies' own announcements.
Hybrid and electric drivetrains for two- and three-wheelers.
Hybrid and electric drivetrain solutions for two- and three-wheelers in urban mobility.
Public information only. Figures are the companies' own announcements.
Solar cold storage for villages without steady power.
Off-grid solar DC refrigerators for food and vaccines, built for rural livelihoods.
Public information only. Figures are the companies' own announcements.
Solar technology that gets more energy from the same footprint.
Next-generation solar panel technology that improves energy yield from the same footprint.
Public information only. Figures are the companies' own announcements.
Sensors that cut energy and crop losses in cold storage.
IoT monitoring for energy-intensive post-harvest storage and logistics, reducing energy and crop losses.
Public information only. Figures are the companies' own announcements.
A smart stethoscope that turns heart and lung sounds into pictures.
AI-powered smart stethoscopes for cardio-respiratory care that turn heart and lung sounds into visual waveforms for early detection.
Public information only. Figures are the companies' own announcements.
A self-sampling kit for cervical cancer screening.
Cervicheck, a self-sampling kit for cervical cancer screening, in partnership with the Adyar Cancer Institute.
Public information only. Figures are the companies' own announcements.
A digital microscope that works with a smartphone.
The world's first smartphone-integrated digital microscope for clinical and research use, with remote access and high-resolution imaging.
Public information only. Figures are the companies' own announcements.
The lightest surgical helmet for joint-replacement surgeons.
The world's lightest surgical helmet, protecting hip and knee replacement surgeons from splashes, bone debris and cautery smoke.
Public information only. Figures are the companies' own announcements.
Sensors that measure knee injury and muscle strength in rehab.
Fitknees, sensor-based knee injury monitoring validated through clinical trials, and Fitmust, a muscle strength dynamometer for rehabilitation.
Public information only. Figures are the companies' own announcements.
Solar-powered irrigation for small farms.
Solar-powered irrigation that lowers energy costs and improves water access for farmers.
Public information only. Figures are the companies' own announcements.
Single-origin, chemical-free mangoes from farmer clusters.
Single-origin, chemical-free mangoes and value-added products, training farmers through market clusters across South India.
Public information only. Figures are the companies' own announcements.
A botanical spray that keeps wild animals off crops.
Herboliv+ protects crops from wild animals with botanical extracts, and doubles as a bio-fertiliser and pest control.
Public information only. Figures are the companies' own announcements.
Software that automates ESG and impact reporting.
An AI-powered sustainability platform for ESG, carbon, energy, supply chain and social impact, with automated compliance.
Public information only. Figures are the companies' own announcements.
A nationwide network of field agents for rural verification.
Nationwide "Digital Runners" for doorstep verification, data collection and customer engagement in rural and semi-urban India.
Public information only. Figures are the companies' own announcements.
Selling on WhatsApp and Instagram for D2C brands.
D2C customer acquisition and conversion on WhatsApp and Instagram, across India, Latin America, Southeast Asia and Europe.
Public information only. Figures are the companies' own announcements.
Loyalty and payments for restaurant chains.
RewardsPay and Konnect: loyalty, payments and AR marketing for small restaurant businesses.
Public information only. Figures are the companies' own announcements.
A smart ring that measures blood pressure without a cuff.
Ring One, the world's first smart ring with cuff-less blood pressure measurement, multi-vital tracking and tap-to-pay.
Public information only. Figures are the companies' own announcements.
Clean-label lollipops, candy canes and marshmallows.
India's first clean-label brand for swirl lollipops, candy canes and marshmallows.
Public information only. Figures are the companies' own announcements.
Live, project-based learning with university experts.
Live, project-based learning led by global university experts.
Public information only. Figures are the companies' own announcements.
A K-12 platform for creative, holistic learning.
A K-12 learning platform focused on creative and holistic education.
Public information only. Figures are the companies' own announcements.
AI-personalised learning that adapts to each child's pace.
An AI-powered learning platform that adapts the curriculum to each learner.
Public information only. Figures are the companies' own announcements.
Affordable, engaging K-12 education.
K-12 education made simple, affordable and engaging.
Public information only. Figures are the companies' own announcements.
Job-ready AI skills training for under $500.
AI-driven upskilling for under $500, so young people get job-ready and companies hire faster.
Public information only. Figures are the companies' own announcements.
Healthcare payments with cashbacks and instant medical credit.
A healthcare payments app, offered through employers, that lets people pay hospitals, clinics and pharmacies from one place, earn cashbacks, and draw instant medical finance for costs their insurance does not cover. It works with 15,000+ healthcare providers.
Public information only. Figures are the companies' own announcements.
Peer-reviewed video lessons for doctors' continuing education.
An online library of peer-reviewed medical videos for continuing medical education (CME), sold to doctors on subscription.
Public information only. Figures are the companies' own announcements.
A bagless ostomy system that gives patients back control.
SphinX, a patented bagless continent ostomy management system. It lets ostomates control when they empty, restores continence and removes the problems of adhesive bags.
Public information only. Figures are the companies' own announcements.
A self-standing crutch that grips any floor.
Assistive technology: a self-standing crutch that does not slip on any terrain and relieves the hand and shoulder pain of everyday crutch use.
Public information only. Figures are the companies' own announcements.
Formerly Swadha Energies
A cloud platform that runs a building's energy from one screen.
Web-based building management that brings a building's energy assets under central control to cut consumption. Incubated at IIT Madras. Formerly Swadha Energies.
Public information only. Figures are the companies' own announcements.
IoT energy analytics for factories, hospitals, hotels and homes.
IoT sensors and analytics that show where energy is used and wasted, for industries, hospitals, hotels and homes.
Public information only. Figures are the companies' own announcements.
Assisted e-commerce and last-mile delivery for rural India.
Rural e-commerce that brings consumer durables, appliances, electronics and mobiles to remote consumers through assisted buying and its own last-mile network, in partnership with leading brands.
Public information only. Figures are the companies' own announcements.
Ready-to-eat and ready-to-cook millet snacks and drinks.
A millet-based food brand making healthy snacks, cookies and shakes in ready-to-eat and ready-to-cook formats.
Public information only. Figures are the companies' own announcements.
Organised, on-demand ironing through neighbourhood stores.
An on-demand ironing and laundry service built on a network of neighbourhood stores, bringing order to a fragmented everyday service.
Public information only. Figures are the companies' own announcements.
Built farm robots, from tree-climbers to remote-controlled weeders.
Built patented machines for agriculture at scale, including tree-climbing robots, remote-controlled machines and a para weeder.
Public information only. Figures are the companies' own announcements.
Developed zero-emission particle board and MDF from bamboo.
Developed particle board and MDF made from bamboo with zero emissions, as an alternative to wood-based panels.
Public information only. Figures are the companies' own announcements.
Developed OmniPD, a portable cycler for peritoneal dialysis.
Worked on renal care through research and frugal innovation. Its flagship, OmniPD, was a portable peritoneal dialysis cycler designed so dialysis could run anytime, anywhere. Incubated at IIT Madras.
Public information only. Figures are the companies' own announcements.
Built a smart trap that lured mosquitoes with non-toxic pheromones.
Built a smart machine that used non-toxic pheromones to attract, catch and eliminate mosquitoes.
Public information only. Figures are the companies' own announcements.
Built an IoT platform for secure, distributed devices across industries.
Built an IoT platform for creating and running secure, flexible and transparent infrastructure for distributed things and devices across industries.
Public information only. Figures are the companies' own announcements.
Delivered genuine spare parts wherever a vehicle broke down.
Kept vehicles running with minimum downtime by sourcing and delivering genuine spare parts wherever they were needed.
Public information only. Figures are the companies' own announcements.
Built IoT products for home automation.
Built connected IoT products for automating the home.
Public information only. Figures are the companies' own announcements.
We back Indian teams that own their technology and replace what India imports today. The first institutional cheque goes in at TRL 6 or later: a prototype working in the customer's conditions, before the business is proven.
Technology readiness levels 1 to 9. The line marks where we write the first cheque: between a working prototype (6) and a product at scale (9).
A Saturday morning every month at IIT Madras Research Park. Startups pitch to the members, then the room discusses each one.
Guests are welcome to watch. The programme and anonymised pitches for the next forum are on the guest hub, where you can request a seat.