Bengaluru · Seed–Series B · 35 people tracked
Also known as KALAARI CAPITAL ADVISORS PVT LTD
Investment thesis
Kalaari Capital positions itself as a founder-first, early-stage investor known for spotting trends early and backing the first generation of Indian consumer internet startups. The firm emphasizes long-term partnership, supporting founders through the full journey by celebrating successes and helping solve problems as they arise. Its portfolio spans consumer internet, edtech, SaaS, fintech, and long-cycle deep-tech areas such as space surveillance, reflecting a willingness to commit patient capital to ambitious, differentiated companies building at scale.
Source: firm website, verified Aug 25, 2026.
Team · 35 people
from the firm's website & curated & public directoriesFounder mafia
3 people who came through Kalaari Capital went on to found or lead other companies.
What they invest in
from 54 of 82 portfolio companiesAI & Machine Learning ×23SaaS ×17Consumer ×11Enterprise Software ×8Fintech ×7E-commerce ×6Cybersecurity ×4Data & Infrastructure ×4
HQs:India×28United States×6United Kingdom×1
Who they back
founder profiles across 23 portfolio companiesFounding team size:solo founder×162 founders×53 founders×14+ founders×1
Where their founders studiedfrom 12 founders with education data
Indian Institute of Technology, Delhi ×5Stanford University Graduate School of Business ×3
Where their founders worked beforefrom 13 founders with career history
Knolskape ×2
Investments · 82 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 22023 · 32015 · 12014 · 18 dated
Baaz Bikes manufactures electric scooters and swappable batteries for gig workers and last-mile delivery services in India.
EnergyHardwareMobility & TransportationDelhi, IN
Anubhav Sharma
Co-investorsRakuten CapitalAdvantedge FoundersAlteria Capital
India's leading digital lending platform for MSMEs
Palo Alto, US
Akash Gehani(Director)Sampad Swain(Executive Officer, Director)Mandar Dandekar(Director)
Board seatVani Kola· per SEC Form D
Co-investorsFundamentumGMO VenturePartners
Gupshup provides AI-powered conversational communication solutions for businesses to automate, personalize, and scale customer interactions across multiple channels.
AI & Machine LearningEnterprise SoftwareMarketing TechSaaS
Co-investorsCRV (Charles River Ventures)Tiger Global Management
Aeria builds digital tenant experience solutions for commercial real estate, focused on improving tenant and employee engagement, satisfaction, and retention.
AI & Machine LearningEnterprise SoftwarePropTechSaaS
Priyanka Gera(Founder & CEO)inPiyush Kateja(Co-Founder & Director)inAwnish Kumar(Co-Founder & Head of Engineering)in
Co-investorsFoundamental
AgNext operates an AI and data-driven assurance platform for rapid food quality testing, traceability, and quality-linked payments across food supply chains.
AgTechAI & Machine LearningFoodTech
Co-investorsAlpha Wave Global
Agrim operates a B2B wholesale platform connecting retailers with suppliers for agricultural inputs and related goods.
AgTechB2B MarketplacesE-commerceGurugram, IN
Co-investorsAccionCapria VenturesIndia QuotientTrifecta Capital AdvisorsOmnivore
AirPay helps dental practices automate insurance verification and patient coverage checks, integrating with major carriers to streamline front desk workflows and improve claim acceptance rates.
HealthtechSaaS
Co-investorsWavemaker Three-Sixty Health
Co-investorsGranite Hill
BlueStone is an omnichannel jewellery retailer selling certified fine jewellery such as rings, earrings, pendants, mangalsutras, bangles, and engagement rings online and through stores.
ConsumerDirect to ConsumerE-commerce
Gaurav Singh Kushwaha(Founder)in
Co-investorsAccelInfo Edge VenturesIron PillarIvyCap VenturesPeak XV PartnersSaama Capital+1 more
Bombay Play develops hybrid casual mobile games focused on social, multiplayer play with friends.
ConsumerGaming
Oliver Jones(Co-founder)Abhas Saroha(Co-founder)
Co-investorsAdvantedge FoundersLeo Capital VenturesLumikai
CashKaro is an India-based cashback and coupons platform where users shop at partner online retailers such as Amazon, Flipkart, Myntra and Nykaa via its app or site to earn cashback, which can be withdrawn to a bank account, UPI, or as gift cards.
ConsumerE-commerceRetail TechGurgaon, IN
Swati Bhargava(Founder)
Chara develops synchronous reluctance motor systems and intelligent controllers that avoid rare-earth magnets, using sustainable materials to reduce energy costs and CO2 footprint.
CleantechHardwareMobility & Transportation
Bhaktha Keshavachar(Founder)
Co-investorsArkam Ventures
CleanElectric develops EV battery packs featuring rapid-charging and swappable technology across multiple product series for two-, three-, and four-wheeler vehicles as well as stationary energy storage.
CleantechEnergyMobility & Transportation
Co-investorsIIMA VenturesInfo Edge Venturespi Ventures
Convin builds AI-powered conversation intelligence and speech analytics software that records and analyzes customer conversations for customer-facing teams such as contact centers and sales teams.
AI & Machine LearningSaaSSales Tech
Atul Shree(Founder)in
Co-investorsCapria VenturesIndia QuotientJSW VenturesSparrow CapitalTitan Capital
Toondemy provides NEP and EYFS aligned smart book sets, AI-powered learning tools, and a unified school app for preschool and kindergarten education (Preschool, Nursery, Junior KG, Senior KG).
AI & Machine LearningEdTechSaaS
CreditVidya offers automated employment verification that confirms employment details in under a minute, replacing manual checks and office visits.
AI & Machine LearningFintechSaaS
cult.fit offers fitness memberships (cultpass) providing access to group classes, gyms, at-home workouts, and sports facilities, along with weight-loss coaching, workout gear, and wellness services.
ConsumerSports TechWellness & FitnessBangalore, IN
Mukesh Bansal(Founder)
Co-investorsBetter CapitalChiratae VenturesExfinity VenturesAccelOaktreeSouth Park Commons
The Deconstruct sells skincare products, including a hydrocolloid acne pimple patch formulated with 2% salicylic acid, 0.2% tea tree oil, and ingredients like Centella Asiatica and niacinamide to treat pimples.
ConsumerDirect to ConsumerE-commerceWellness & Fitness
Malini A.(Founder)in
Co-investorsV3 Ventures
Rahul Rawat(Founder)inTanveer Ahmed(Founder)in
Co-investorsAditya Birla VenturesGlobal BrainVenture Catalyst Space
Space surveillance and intelligence company focused on protecting and defending sovereign and allied interests across contested operational domains.
Dream11 is a fantasy sports platform operated by Sporta Technologies where users create fantasy teams to play games based on real-world sporting events.
ConsumerGamingSports TechMumbai, IN
Harsh Jain(Founder)in
Co-investorsAlpha Wave GlobalThink InvestmentsDST GlobalTiger Global ManagementTPG
Pune, IN
Sandeep Deshmukh(Founder)inShitiz Bansal(Founder)in
Co-investorsSoftBank Vision FundAvataar Venture Partners
Bengaluru-based live social entertainment platform combining video and audio streaming with gaming and creator micropayments.
Bengaluru, IN
Akshay Dubey(Founder)Saurabh Pandey(Founder)in
Co-investorsBetter CapitalCourtside VenturesFundamental VCLumikaiPlay VenturesWaterBridge Ventures+2 more
Co-investorsLightbox
Equilibrium Group designs, builds, and funds computational infrastructure for decentralised technologies, operating a portfolio of web3, blockchain, and cryptography companies.
Crypto & Web3Data & InfrastructureDeep Tech
Co-investorsWintermuteAvaana CapitalPeak XV Partners
Equilibrium Earth builds carbon removal infrastructure using multiple pathways such as mangrove afforestation, sustainable paddy farming, and industrial-scale biochar production from agricultural residues and invasive biomass.
AgTechCleantechClimate Tech
Co-investorsAvaana Capital
Figr is an AI-driven product design tool that analyzes a team's product data and usage patterns to recommend UX and onboarding improvements grounded in proven design patterns.
AI & Machine LearningData & InfrastructureSaaSDelhi, IN
Chirag Singla(Founder)
Co-investorsGolden Sparrow Ventures, Llc
GuardianLink builds AI systems and blockchain infrastructure for enterprises, including agentic AI stacks, model training pipelines, RAG systems, and Layer 2 blockchain tooling, wallets, and DeFi/DApp frameworks.
AI & Machine LearningCrypto & Web3Enterprise Software
HealthPlix provides an online and offline electronic medical record (EMR) platform and clinic management software for doctors and healthcare facilities in India, including prescription tools, teleconsultation, and specialty-specific modules across 16 medical specialties.
Digital HealthHealthtechSaaS
Co-investorsChiratae VenturesAvataar Venture PartnersJSW VenturesLightspeed Venture Partners
Hiver is a SaaS customer service platform that turns Gmail shared inboxes into an omnichannel, AI-assisted help desk.
Co-investorsKae CapitalMars Growth Capital
Hiver is an AI-native customer service platform that unifies email, chat, Slack, voice, social, and WhatsApp into one workspace, with AI Agents that triage tickets, draft replies, and run multi-step resolutions across connected tools like Salesforce, Shopify, Jira, and NetSuite.
AI & Machine LearningEnterprise SoftwareSaaS
Co-investorsLiquidity Capital
The site publishes reviews, guides, rankings, and tips about online web slot games, aimed at online casino players.
GamingMedia & Entertainment
Co-investorsIndia QuotientInnoVen CapitalSIDBI Venture Capital
Hyperbots offers an agentic AI platform with finance-specific "co-pilots" that automate accounts payable and receivable tasks such as invoice processing, accruals, procurement, payments, sales tax verification, vendor management, collections, and cash application.
AI & Machine LearningFintechSaaS
Co-investorsArkam Ventures
IndustryBuying is a B2B e-commerce platform for procurement of industrial, MRO, and office supplies, offering over 1 million products from 8,000+ brands across 25+ categories to business customers in India.
Advanced ManufacturingB2B MarketplacesE-commerceEnterprise SoftwareIndia, IN
Swati Gupta(Founder)in
Co-investorsElevation CapitalTrifecta Capital Advisors
Jar is an Indian fintech app that helps users save money by investing in digital gold, positioning itself as a simplified savings tool for everyday consumers.
ConsumerFintechSaaS
Misbah Ashraf(Founder)in
Co-investorsAdvantedge FoundersCapria VenturesEmphasis VenturesEximius VenturesKube VCLVX Ventures+11 more
Jumbotail runs a B2B marketplace platform connecting India's mom & pop grocery retailers (kirana stores) and supermarkets with brands and staples producers, offering products across staples, packaged foods, personal care, and home care.
B2B MarketplacesLogistics & Supply ChainRetail Tech
S.Karthik Venkateswaran(Founder)inAshish Jhina(Founder)in
Co-investorsBarrel VenturesCapria VenturesSC VenturesSiddhi CapitalArkam Ventures
Kindlife is an Indian online retailer selling curated skincare and fitness-nutrition products, offering K-beauty and dermatological brands (such as Beauty of Joseon, COSRX, SKIN1004, CeraVe, Bioderma) and protein/nutrition brands (SuperYou, MyFitness) with direct sourcing and authenticity certification.
ConsumerDirect to ConsumerE-commerceWellness & Fitness
Co-investorsTDV Partners
Matters.AI builds an autonomous AI security engineer for the data and AI layer that detects, analyzes, and resolves data misuse across hybrid clouds, endpoints, microservices, and AI pipelines.
AI & Machine LearningCybersecurityData & Infrastructure
Keshava Murthy(Founder)inHarsh Sahu(Founder)in
Co-investorsBetter Capital
Co-investorsPremji Invest
MeshDefend builds an AI agentic platform ("AI-Ops") for data infrastructure, using autonomous agents to automate tasks, analyze and resolve issues, and improve security posture.
AI & Machine LearningCybersecurityData & InfrastructureBengaluru, IN
Tejas(Co-founder)inRavi(Co-founder)inRavi Chitloor(Founder)Tejas Pandit of MeshDefend(Founder)
Last-mile grocery e-commerce delivery platform in India
Co-investorsElevenX CapitalUnilever Ventures
Modulus Housing is an IIT-Madras certified company that designs, manufactures, and installs modular and foldable prefabricated buildings, including emergency shelters, temporary offices, mobile facilities, and healthcare spaces.
Advanced ManufacturingConstruction TechPropTech
Bengaluru, IN
Ashutosh Lawania(Founder)in
Co-investorsAccelOrios Venture PartnersPremji Invest
Peer Robotics develops collaborative cobots for manufacturing environments, designed to work alongside human workers to automate repetitive tasks while enhancing productivity.
Advanced ManufacturingAI & Machine LearningHardwareRoboticsNew Haven, US
Rishabh Agarwal(Founder)in
Co-investorsAxilor VenturesConnecticut InnovationsDraper AssociatesSupermorpheusTechstars
Portl is an Indian fitness technology company that makes AI-powered smart mirror devices for strength training and personalized workouts at home.
AI & Machine LearningHardwareSports TechHyderabad, IN
Armaan Kandhari(Founder)
Pype provides AI-powered voice and WhatsApp agents that handle patient communications such as appointment reminders, scheduling, post-discharge follow-ups, chronic care check-ins, and billing reminders for hospitals and healthcare providers.
AI & Machine LearningDigital HealthHealthtechSan Francisco, US
Ashish Tripathy(Founder)
Resilience AI develops Resilience360, enterprise software that scores and flags physical climate and disaster risk at the asset, portfolio, and infrastructure level for businesses, governments, and agencies.
AI & Machine LearningClimate TechEnterprise Software
Samhita R(Founder & CEO)Sundeep Reddy Mallu(Founder)
Samosa Party is an Indian food brand offering 15+ varieties of samosas alongside items like burrito rice bowls, wraps, chole bhature, chaats, pav bhaji, and desserts, all made fresh and preservative-free.
ConsumerFoodTechBangalore, IN
Co-investorsLVX VenturesSupermorpheus
Signzy provides identity verification and onboarding software that lets companies verify, onboard, and monitor users, with tools for phone/email/device checks, identity and business verification, AML sanctions and PEP screening, transaction monitoring, and digital contracting.
AI & Machine LearningCybersecurityFintech
Ankit Ratan(Founder)in
Co-investorsCapria VenturesGemba Capital Venture PartnersStellaris Venture Advisors 2 LlpVertex Ventures Sea Management Pte. Ltd.8i VenturesArkam Ventures
SimpliContract is an AI-native contract lifecycle management platform, powered by its proprietary mNemoAI engine, that extracts and structures contract data to track obligations, SLAs, rebates, and pricing terms.
AI & Machine LearningEnterprise SoftwareLegalTechPleasanton, US
Guru Venkatesan(Founder)inMakesh Kumar(Founder)inJinaraj Patinjakkara Gopalan(Co-Founder & CTO)in
Co-investorsArka Venture LabsEMERGENT VENTURESFoster VenturesPICUS CAPITAL
Krishna Kumar(Founder)inArchana Krishna(Founder)in
Co-investorsGSV VenturesMayfield Fund
Skit.ai provides a platform of autonomous AI agents that handle debt collections across voice, SMS, email, and chat, covering account triage, payment negotiation, propensity scoring, skip-tracing, and compliance auditing.
AI & Machine LearningFintechSaaS
Co-investorsFundamental VCSenseAI Ventures
Studio Sirah develops midcore, India-first video games that draw on Indian mythology, history, and cultural heritage combined with strategic gameplay and progression systems.
GamingBengaluru, IN
Prateek Shah(Founder)
Co-investorsLumikai
Swipe Technologies operates Float, a cross-border business payment platform, and Accounteer, a cloud-based accounting and bookkeeping service for companies and independent professionals.
FintechLondon, GB
Jesse Ahin(Founder)
Co-investorsY Combinator
Co-investorsNSRCEL
Bengaluru full-stack fintech that manufactures and socially distributes credit, insurance, and savings products for emerging-middle-class families in 5,000+ small Indian towns through a network of local financial advisors and an in-house AI stack.
Bengaluru, IN
Vishal Chopra(Founder)inHimanshu Gupta(Founder)in
Co-investorsPICUS CAPITALSony Ventures Corporation3one4 Capital
YourStory is an Indian digital media outlet that publishes news, profiles, and features on startups, entrepreneurs, technology, and business.
Media & Entertainment
Co-investorsQualcomm Ventures3one4 Capital
Zluri provides an identity security platform built on IRIS, a real-time identity intelligence layer that discovers, analyzes, and governs human and non-human identities and their access across enterprise systems.
CybersecurityEnterprise SoftwareSaaS
Sethu Meenakshisundaram(Founder)inChaithanya Yambari(Founder)in
Co-investorsCrane Venture PartnersEndiya PartnersLightspeed Venture PartnersMassMutual Ventures
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Portfolio news
latest coverage across their companiesDream11 · storyboard18.com · Aug 22, 2026

Jar · m.dailyhunt.in · Aug 18, 2026

Bluestone · scanx.trade · Aug 15, 2026
WeRize · thehindubusinessline.com · Jun 4, 2026
Agrim · igrownews.com · Mar 24, 2026
Equilibrium · india.entrepreneur.com · Sep 22, 2025
ActiveAI · techcrunch.com · Jul 23, 2025
Frequently asked questions
- How many investments has Kalaari Capital made?
- Kalaari Capital has 76 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
- What stage does Kalaari Capital invest at?
- Kalaari Capital invests at the Seed, Series A, Series B stages.
- What is Kalaari Capital's typical check size?
- Kalaari Capital typically writes checks of $800K – $25M.
- What sectors does Kalaari Capital focus on?
- Kalaari Capital focuses on Cleantech, Consumer, Data & Infrastructure, Deep Tech, E-commerce, EdTech, Energy, Enterprise Software, Fintech, Media & Entertainment, New Materials, SaaS, Space Tech.
- Where is Kalaari Capital located?
- Kalaari Capital is headquartered in Bengaluru, IN.
- Does Kalaari Capital lead rounds?
- Kalaari Capital typically participates in rounds rather than leading them.
- Who does Kalaari Capital co-invest with?
- Kalaari Capital most often shares deals with Capria Ventures, Advantedge Founders, Better Capital, among 80 tracked co-investors.
Media · Podcasts & interviews
featuring the teamInvestor Mindset in 30 Seconds 💸 | Rajesh Raju – Kalaari Capital
Golf & Beyond with Chetan · Rajesh Raju
Inside the Mind of Rajesh Raju MD Kalaari Capital Investor into Myntra, CultFit, Dream11 and more
Golf and Beyond Show · Rajesh Raju
TiE Summit: Sampath P Of Kalaari Capital Sheds Light On AI And The Outlook For India Story
ET NOW · Sampath P
Vani Kola || Founder and Managing Director of Kalaari Capital || #ytshorts #reel #shorts
real.talks10 · Vani Kola
PART 1 | Five powerful entrepreneurship lessons from Kalaari Capital's Vani Kola | Pathbreakers
Forbes India · Vani Kola
Images
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