Spring Marketing Capital
Venture capitalSeed–Growth · 24 people tracked
Find your way into Spring Marketing Capital
2,424 people in our graph share verified history with the Spring Marketing Capital team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Spring Marketing Capital invests in consumer-facing startups in India, differentiating itself as a brand-first firm that pairs capital with hands-on brand and marketing advisory. It runs a growth-stage fund (~INR 150Cr, anchored by Verlinvest) focused on growth-stage consumer brands and an early-stage fund, Early Spring (~INR 300Cr, anchored by Godrej Consumer Products), targeting early-stage D2C brands. Alongside investing, the firm operates a consulting arm providing brand strategy, design, communications and content, working closely with founders to define brand propositions, build identities and scale their presence across categories like health, nutrition, beauty, fashion, fintech and edtech.
Source: firm website, verified Aug 7, 2026.
Team · 24 people
from the firm's websiteWhat they invest in
from 16 of 66 portfolio companiesConsumer ×12Direct to Consumer ×8E-commerce ×4AI & Machine Learning ×3EdTech ×3Fintech ×3FoodTech ×3Digital Health ×2
HQs:India×15
Who they back
founder profiles across 14 portfolio companiesFounding team size:solo founder×92 founders×44+ founders×1
Where their founders studiedfrom 14 founders with education data
Indian Institute of Management Ahmedabad ×3Indian Institute of Technology, Bombay ×2Institute Of Chemical Technology ×2University of Calcutta ×2
What their founders studiedfrom 16 founders with field-of-study data
Engineering ×7Business & Management ×6Computer Science ×5Finance & Accounting ×2
Where their founders worked beforefrom 16 founders with career history
Prasol Chemicals Ltd. ×2Stanford University ×2
Investments · 66 tracked
founders shown can be your intro pathThis is a product listing page on an online pharmacy for Tugain Twins 5 Solution, a topical minoxidil-based medicine sold to treat hair loss and promote hair regrowth.
Digital HealthE-commerceHealthtechIndia, IN
Co-investorsKae CapitalLeo Capital VenturesPeak XV PartnersVenturEastMaverick Ventures
Atomberg Technologies is an India-based company preparing for an initial public offering on Indian stock exchanges, with this page serving as its investor relations section hosting regulatory and financial disclosures.
Advanced ManufacturingConsumerDirect to ConsumerHardwareMumbai, IN
Arindam Paul(Founder)inSibabrata (Shibam) Das(Founder)inManoj Kumar Meena(Founder)Sibabrata Das(Co-founder)in
Co-investorsInflexor VenturesJungle VenturesPavestoneTrifecta Capital AdvisorsWhiteboard CapitalA91 Partners+3 more
Bewakoof is an online fashion and apparel retailer selling clothing and accessories for men and women, along with lifestyle products.
ConsumerDirect to ConsumerE-commerce
Prabhkiran Singh(Founder)in
Co-investorsAnicut CapitalInvestcorpIvyCap Ventures
BYJU'S offers online learning programs, video lessons, and a personalized learning app for students in India, including tutoring and exam-preparation programs for competitive tests such as JEE and NEET.
ConsumerEdTech
Byju Raveendran(Founder & CEO)
Co-investorsAarin CapitalAlkeon InnovationKaizenvestLightspeed Venture PartnersSilver Lake PartnersSmash Capital+2 more
Dhan is an Indian fintech platform providing stock trading, options, futures, commodities, and investment products through mobile and web applications.
ConsumerFintechSaaSUnknown - inferred as India-based but no specific city stated, IN
Jay Prakash Gupta(Founder)in
Co-investorsMars Shot Ventures3one4 CapitalBEENEXTMUFG
Eggoz is a farm-to-plate egg brand that supplies fresh eggs laid by hens raised on herbal (chemical-free) feed and subjected to quality checks.
AgTechDirect to ConsumerFoodTech
Abhishek Negi(Founder)inAditya Singh(Founder)in
Co-investorsIvyCap VenturesNabventuresStride VenturesAvaana CapitalRebright Partners
Health and wellness platform; first early-stage fund investment.
Mumbai, IN
Neehar Modi(Founder)inAnvi Shah(Founder)in
Co-investorsPeak XV Partners
Khetika is a consumer food brand selling stoneground powdered and whole spices, dry fruits, nuts, seeds, makhana, and stone-ground idli/dosa batters and chutneys.
ConsumerDirect to ConsumerFoodTechMumbai, IN
Raghu Allada(Founder)inRaghuveer Allada(Founder)in
Co-investorsAnicut CapitalSIDBI Venture Capital
Leverage Edu is an India-based study-abroad platform that helps students pursue global higher education, offering services such as university admissions guidance, education loans through a financial services arm, and student accommodation.
AI & Machine LearningEdTechFintechFuture of WorkMarketplaces
Akshay Chaturvedi(Founder & CEO)in
Co-investorsETS Strategic CapitalLVX VenturesSprint VcTrifecta Capital AdvisorsNB Ventures
mCaffeine sells personal care and body care products such as body washes, body lotions, and serums formulated with active ingredients like salicylic acid, niacinamide, and glycolic acid.
ConsumerDirect to ConsumerE-commerce
Vikas Lachhwani(Founder)in
Co-investorsAmicus Capital PartnersLVX VenturesRPSG Capital VenturesSharrp Ventures
Mosaic Wellness operates a portfolio of consumer health and wellness brands in India, including Man Matters for men's health, Be Bodywise for women's health, Little Joys for children's health, and Root Labs, a unisex Ayurveda brand.
Digital HealthDirect to ConsumerWellness & Fitness
Dhyanesh Shah(Founder)in
Co-investorsElevation CapitalPeak XV PartnersZ47
OZiva sells plant-based nutrition and wellness products directly to consumers, offering supplements alongside expert consultations.
ConsumerDirect to ConsumerWellness & Fitness
Aarti Gill(Founder)in
Co-investorsF-Prime CapitalTitan CapitalZ47Eight Roads Ventures
Suyash Katyayani(Founder)in
Co-investorsIvyCap VenturesPeak XV PartnersPremji InvestSharrp VenturesTenacity VenturesVerlinvest
SBI Life Insurance Company Limited is an India-based life insurer offering savings-oriented, protection, and market-linked insurance plans across participating, non-participating, and linked product segments.
AI & Machine LearningConsumerEdTechFintechInsurTechSocial
Ajay Lakhotia(Founder)in
Co-investorsBitkraft Esports VenturesDholakia VenturesFundamental VCLVX VenturesRoots VenturesSquareOne Capital
Troovy is a food brand that produces healthy condiments and spreads made with natural ingredients, targeting families and consumers seeking clean-label alternatives without preservatives, palm oil, or refined sugar.
ConsumerDirect to ConsumerFoodTech
Co-investorsSharrp Ventures
Urban Company operates an on-demand marketplace connecting customers with vetted professionals for home services such as beauty and salon treatments, home cleaning, appliance repair, plumbing, electrical work, painting, and pest control.
ConsumerFuture of WorkMarketplacesGurgaon, IN
Raghav Chandra(Founder)in
Co-investorsAccelElevation CapitalSteadview CapitalTitan CapitalTrifecta Capital Advisors
Wispr Flow is a voice dictation platform that enables users to interact with devices and applications through natural conversation.
AI & Machine LearningConsumerDeveloper ToolsSaaS
Tanay Kothari(Founder)inSahaj Garg(Founder)in
Co-investorsAcrew CapitalAIX VenturesForerunner VenturesMenlo VenturesMVP VenturesNew Enterprise Associates (NEA)+4 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
360 One82eAgilitasAirtel XStreamAjmalBehrouzBharat MatrimonyBounce InfinityBrutCava AthleisureCookdCountry DelightDezyEat Better coFaces CanadaFAEFloryoGames24x7GivaHealth FactoryHoopIGPJarJuicy ChemistryKingfisherLevi'sLuciraManMattersMr. ButlerMuscleblazeNebulaNicotexNiyoNiyo GlobalOriginOwndPlixShree AnandhaasSkinInspiredSKINQSpinnyThe Pizza PeopleTLLLFUnileverUSPAWakefitZoya
Portfolio news
latest coverage across their companiesKhetika · retail.economictimes.indiatimes.com · Aug 20, 2026

Atomberg · inc42.com · Aug 17, 2026

Wispr Flow · computerworld.com · Aug 7, 2026
Dhan · m.economictimes.com · Jun 18, 2026
Troovy · indianretailer.com · Jun 16, 2026
Leverage Edu · datapile.co · May 27, 2026
Eggoz · timesofindia.indiatimes.com · Jun 30, 2025
Frequently asked questions
- How many investments has Spring Marketing Capital made?
- Spring Marketing Capital has 65 tracked investments, 1 of which have exited via acquisition or IPO.
- What stage does Spring Marketing Capital invest at?
- Spring Marketing Capital invests at the Seed, Series A, Growth stages.
- What sectors does Spring Marketing Capital focus on?
- Spring Marketing Capital focuses on Consumer, Direct to Consumer, E-commerce, Fintech, Healthtech, Wellness & Fitness.
- Does Spring Marketing Capital lead rounds?
- Spring Marketing Capital typically participates in rounds rather than leading them.
- Who does Spring Marketing Capital co-invest with?
- Spring Marketing Capital most often shares deals with Peak XV Partners, LVX Ventures, Trifecta Capital Advisors, among 51 tracked co-investors.
Media · Podcasts & interviews
featuring the teamJuiciest TRUTH or DRINK! | Raja Ganapathy x Karishma | Spring Marketing Capital x FAE Beauty - YouTube
FAE BEAUTY · Raja Ganapathy
Arun Iyer, Founder, Spring Marketing Capital at #e4mTVFirst Conference 2023. - YouTube
exchange4media Group · Arun Iyer
Raja Ganapathy on what makes Spring Marketing Capital different
Raja Ganapathy · businessinsider.in
STORYBOARD- Arun Iyer & Raja Ganapathy On Spring Marketing Capital - YouTube
CNBC-TV18 · Raja Ganapathy
100xEntrepreneur | Episode 23 | Raja Ganapathy, Co-Founder Spring Marketing Capital - YouTube
The Neon Show · Raja Ganapathy
Images
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