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Anthill Ventures

Venture capital

Hyderabad · Seed–Series A · 23 people tracked

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Investment thesis

Anthill Ventures focuses on three core themes: living healthy (digital therapeutics and genomics), mitigating climate change (decarbonizing energy and industry), and enhancing urban lifestyles (consumer brands and platforms for young India). The firm applies a 'speed-scaling' model to accelerate breakthrough startups, connecting founders, frontier technologies and high-growth markets globally. It looks for ideas with market proof, strong unit economics, staged projections, demonstrated traction, resilient teams and measurable impact. Its portfolio spans over 80 startups across ten countries, with companies having raised more than $1 billion in follow-on capital.

Source: firm website, verified Nov 8, 2026.

Stage
Seed–Series A
HQ
Hyderabad, IN
Instruments
Equity
Founded
2014
Tracked investments
29

Team · 23 people

from the firm's website & public directories
Prasad Vanga· Founder & CEOin

Founder and CEO of Anthill with venture-building and growth expertise, having worked on transformations such as GE Capital into Genpact; he has led the firm's portfolio of over 80 startup investments.

Sailesh Sigatapu· General Partnerin𝕏

General Partner leading investor relations and the Urban Tech vertical, with two decades of global experience; has backed early-stage companies including Dhruva Space and Concu.

Mike Binn· Partner

Partner focused on expanding Anthill's US presence and scaling Indian tech internationally, with a background in corporate ventures, business development, and innovation.

Aharon Schwartz· Partnerin

Aharon Schwartz is a founding partner at a legal and business consulting firm and holds a law degree with distinction from an academic center for law and business, complemented by studies in East Asian studies from the Hebrew University of Jerusalem. Since 1989, he has worked as an investor and business consultant across multiple sectors including consumer products, textiles, real estate, and finance, with experience in East Asia, Europe, Ukraine, the United States, and the Middle East. Schwartz advises clients on business transactions, negotiations, due diligence, partnership structures, mergers, and acquisitions.

Antonio Mazzara· Partnerin

Antonio Mazzara is a partner at Anthill Ivy ventures fund and a board member at the Harvard Business School Club of Connecticut Community Partners. With over two decades of experience as a CEO and general manager, he has held leadership positions across Europe and the United States, with expertise in natural language coding, augmented reality, and other emerging technologies. He has mentored startup founders and held leadership roles at organizations including Screen Service Broadcasting Technologies.

Devang Mehta· Partnerin

Devang Mehta is a founding team member at Pressplay Capital and venture partner at Anthill Ventures, investing in and advising early-stage technology companies. He holds degrees in computer science and an MBA from Carnegie Mellon University, and brings over 20 years of operational experience across engineering, sales, business development, product marketing, and strategy. His investment portfolio includes companies in AI-based healthcare, chronic wound management, food tech, and electric vehicle technologies, and he provides advisory services on business planning, go-to-market strategy, fundraising, and capital connections for startups in India.

Mahesh Balani· Partnerin
Ofir Elyasaph Madmon· Partnerin
Rahul Mansabdar· Partnerin
Rajeev Menon· Partnerin

Rajeev Menon is Group CEO at Deccan Transcon Leasing Limited with over 25 years of experience in large corporations across manufacturing and services sectors. He holds Six Sigma Master Black Belt certification from GE and works as a Gallup-Certified Strengths Coach with senior leadership. Menon advises early-stage startups on scaling and operational excellence, facilitates connections between startups and corporate partners, and has established multiple business operations including manufacturing facilities and consulting practices.

Pradeep Mittal· Venture Partnerin
Ramana Gogula· Venture Partnerin𝕏

Ramana Gogula is Vice President of Corporate Innovation at Stanley Black & Decker, where he identifies emerging technologies and startups to support business unit growth. With over two decades of experience in business strategy, product marketing, and operations across Europe and Asia, he has founded companies in eLearning, entertainment, and clean energy sectors, and previously worked as a venture capitalist at Unitus Seed Fund and Anthill Ventures. Gogula holds an M.Tech in Mechanical Engineering from IIT Kharagpur and an M.S. in Computer Science from Louisiana State University.

Bhargav Panguluri· Portfolio Manager

Portfolio Manager responsible for optimizing the firm's venture portfolio and supporting the strategic growth of invested companies.

Fazal Mohammed· Operations Manager

Operations Manager leading operational efficiency and HR, with expertise in team management and organizational planning.

Goutham Uppaluri· Head of Strategy

Head of Strategy shaping the firm's strategic direction and identifying growth opportunities across its ventures.

Lasya Nadimpally· Lead, Urban Tech

Leads Urban Tech investments focused on consumer tech and climate sustainability, with over 12 years of experience across social impact startups, corporate marketing, and innovation ecosystems.

Nagendra Khatri· Associate - Investments

Investments Associate leading sourcing, evaluation, and portfolio management in the consumer sector, with deal experience across D2C, fashion, new-age F&B, and alcobev.

Jaswanth Varma· Senior Associatein

Jaswanth Varma is a mentor and advisor at Wehouse - Home Construction with over 10 years of experience in venture capital, private equity, family offices, and consulting. He has worked with organizations including Udtara Ventures, Anthill Ventures, D.E. Shaw, Naspers, and Microsoft, and provides advisory services to multiple startups with expertise in financial modeling and valuations. He holds an MBA from UC Davis, an LLB from Osmania University, and a BE from Anna University.

Lanka Sai Sameeraz Sarma· Associatein
Saisumana Nimmagadda· Associatein

Saisumana Nimmagadda is a Director at TechQube AI, a boutique AI consulting firm he co-founded. Drawing on experience in venture capital, he works with businesses to design and implement customized AI solutions aimed at improving efficiency and driving growth. His focus is on making AI adoption accessible to organizations of varying sizes through strategic implementation and advisory services.

Shreya Namburu· Investorin
Varun Reddy· Associatein

Varun Reddy is Managing Partner at AGR Advisors LLP, a 40-year-old corporate advisory firm headquartered in Hyderabad with 40 employees. The firm serves over 300 recurring clients across IT, SaaS, and real estate sectors through an integrated service model encompassing legal, compliance, bookkeeping, VCFO services, M&A advisory, and stock exchange listing support. AGR Advisors operates on a retainer-based engagement model serving both domestic and international clients.

Zaran Bhagwagar· Senior Associatein

Zaran Bhagwagar is a Founding Member and Vice President at Biome with nine years of experience across investing and operating roles in five countries. He focuses on venture capital and technology opportunities in Southeast Asia and India, working with founders to develop category-defining companies.

What they invest in

from 8 of 29 portfolio companies

Consumer ×4Wellness & Fitness ×4FoodTech ×3AI & Machine Learning ×2Digital Health ×2Direct to Consumer ×2Healthtech ×2Logistics & Supply Chain ×2

HQs:India×6Singapore×1United States×1

Investments · 29 tracked

founders shown can be your intro path

By year:2023 · 12022 · 32021 · 12020 · 12018 · 22017 · 12015 · 110 dated

Ai Paletteaipalette.comin𝕏

Ai Palette provides AI-powered consumer intelligence used to identify trends and support product innovation in the food, beverage, beauty, and personal care industries.

AI & Machine LearningConsumerData & InfrastructureFoodTechLogistics & Supply ChainMarketing TechMedia & EntertainmentRetail TechSaaSSingapore, SG

Som GanChoudhuri(CEO)inHimanshu Upreti(Cofounder)inSOMSUBHRA CHOUDHURI

Co-investors500 GlobalAgFunderEntrepreneur FirstExfinity VenturesKickstart Innovationpi Ventures+3 more

Bold Careboldcare.in

Bold Care is an Indian direct-to-consumer men's health and wellness brand selling products for sexual health, stamina, immunity, and hair growth, including delay sprays, supplements, condoms, and lubricants.

ConsumerDirect to ConsumerWellness & FitnessMumbai, IN

Rahul Krishnan(Co-founder)inRajat Jadhav(Co-founder)inHarsh Singh(Co-founder)Mohit Yadav(Co-founder)

Co-investorsAudacity Venture CapitalNB VenturesRajul Sandeep JhaveriSharrp VenturesFractal Growth Partners

Deep Holisticsdeepholistics.com

Deep Holistics offers Baseline, a preventive health service combining an at-home advanced blood panel testing 100+ biomarkers with personalised insights and 1-on-1 longevity expert consultations.

Digital HealthLongevityWellness & Fitness

Dharmaseekdharma.comOct 2023

Dharma operates seekdharma.com, offering Emily in Paris-themed travel experiences and tours in Paris and Rome.

Co-investorsBY Venture PartnersFJ LabsMiroma VenturesShorooq PartnersRainmatterRSE Ventures

Erlysignerlysign.com

ErlySign, operated by CURO Biosciences, develops a non-invasive, saliva-based biomarker test kit that screens for oral precancerous conditions within about 15 minutes.

BiotechHealthtechMedical DevicesNagpur, IN

Front Range Biosciencesfrontrangebio.cominSep 2017 · $3M

US-focused tissue culture cloning and biotech.

Boulder, US

Christopher Zalewski(Founder)inJonathan Vaught(Founder)inNick Hofmeister(Founder)

Co-investorsKEY Investment PartnersSalveo CapitalSand Hill AngelsAFI Capital PartnersArcadian CapitalHALLEY Venture Partners+3 more

Moonshine Meadsmoonshinemeadery.cominSeed · Sep 2022 · $2M

Moonshine Meadery produces mead (honey-based alcoholic beverages) in a range of flavors made from honey and ingredients like fruits, spices, chillies, hops, and oak-aged variants.

ConsumerFoodTech

Nitin Vishwas(Founder)inRohan Rehani(Founder)in

Co-investorsSupermorpheusTitan Capital

Ray IoTrayiot.orgSeed · Mar 2018 · $1M

RayIoT builds an AI-powered respiratory monitoring product using acoustic technology and machine learning to detect breathing variations and conditions like asthma, sleep apnea, and fever in healthcare and wellness settings.

AI & Machine LearningDigital HealthHealthtechIoTWellness & Fitness

Co-investorsInfo EdgeRedstart LabsSOSV

Redesynredesyn.comSeed · Aug 2022 · $500K

Co-investorsChanakyaPaipal VenturesShe Capital

Spareshubspareshub.comSeed · Nov 2015 · $460K

B2B platform providing high-quality spare parts for automotive and industrial sectors in India.

Co-investorsHyderabad AngelsLumis PartnersThe Chennai Angels

Wiggleswiggles.inin𝕏Oct 2021 · $5.5M

Wiggles is a pet care company offering products and services for pet owners in India, aiming to provide comprehensive solutions for pet health and wellness needs.

B2B MarketplacesConsumerDirect to ConsumerE-commerceFoodTechWellness & Fitness

Co-investorsDholakia VenturesSprint Vc

Zypp Electriczypp.appin𝕏

Zypp Electric is an India-based EV rental platform that rents electric scooters and loaders to gig-economy delivery workers, providing IoT-enabled vehicles, battery-swapping infrastructure, and 24/7 support.

CleantechLogistics & Supply ChainMobility & Transportation

Akash Gupta(Founder)inAkash Gupta Rashi Agarwal(Founder)

Co-investors9Unicorns Accelerator FundAstarc VenturesChakra Growth FundDholakia VenturesGoodyear VenturesGSF Accelerator+14 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

2017 Erly Sign Health2020 Videoverse Media Tech2025 Super Human HealthAnthropodBoldcareBroadwayErly SignIkonzQuaQua Experiences Private LimitedSprdlxSunday Everyday SunscreenSuper HumanThe Light BulbUniti SwedenVideoverseWehouseWoodsmen Whiskey

Frequently asked questions

How many investments has Anthill Ventures made?
Anthill Ventures has 29 tracked investments.
What stage does Anthill Ventures invest at?
Anthill Ventures invests at the Seed, Series A stages.
What sectors does Anthill Ventures focus on?
Anthill Ventures focuses on AI & Machine Learning, Climate Tech, Consumer, Direct to Consumer, Healthtech, Marketing Tech, Media & Entertainment, Mobility & Transportation, PropTech, SaaS.
Where is Anthill Ventures located?
Anthill Ventures is headquartered in Hyderabad, IN.

Co-investors · 2

SOSV

SOSV is a deep tech venture capital firm that makes first-check pre-seed investments and follow-on rounds in startups focused on human and planetary health, providing lab space and hands-on support at its US locations.

Both backed · 1
$30K – $550K
Audacity Venture Capital

Audacity Venture Capital is a specialist media and technology fund backing founders from seed to growth, focused on the intersection of AI and media.

Both backed · 1

Firms observed investing alongside Anthill Ventures, from public investor directories. Shared companies are the overlap with Anthill Ventures's recorded portfolio.