Fundraising Fox

Spring Marketing Capital

Venture capital

Seed–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.

Chris Bischoffunlockedknows Kaushik Dasgupta · together at Goldman Sachs (overlapped)
×3knows the team · via Goldman Sachs
×3knows the team · via Ey
×2knows the team · via Deutsche Bank
knows the team · via Oracle India Private Limited
knows the team · via National Institute of Technology, Tiruchirappalli
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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.

Stage
Seed–Growth
Leads rounds
Follows
Instruments
Equity
Founded
2019
Tracked investments
66

Team · 24 people

from the firm's website
Kaushik Dasgupta· Head - Investmentsin
Varun Khullar· Creative Partnerin
Ashok Abraham· Junior Portfolio Partnerin
Drishti Chikhal· Creative Associatein
Neel Shetye· Creative Associatein
Priyanka Krishnan· Junior Portfolio Partnerin
Purva Bakalkar· Junior Design Partnerin
Rishav Srivastava· Creative Associatein
Satvika Jain· Portfolio Associatein
Vanessa Travasso· Head - Business Administrationin

What they invest in

from 16 of 66 portfolio companies

Consumer ×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 companies
64%
solo founders
9 of 14 mapped founding teams
63%
repeat founders
of 16 founders with career history

Founding 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 path
1Mg1mg.comAcquired

This 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

Atombergatomberg.comin𝕏

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

Bewakoofbewakoof.com

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'Sbyjus.com

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

Dhandhan.coin𝕏

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

Eggozeggoz.com𝕏

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

HyugaLifehyugalife.comin

Health and wellness platform; first early-stage fund investment.

Mumbai, IN

Neehar Modi(Founder)inAnvi Shah(Founder)in

Co-investorsPeak XV Partners

Khetikakhetika.comin𝕏

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 Eduleverageedu.comin𝕏

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

M Caffeinemcaffeine.comin

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 Wellnessmosaicwellness.inin

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

Orraorra.co.inin𝕏

ORRA designs and sells natural diamond jewellery, including mangalsutras, earrings, bracelets, bangles, necklaces, and rings, through retail stores and online.

ConsumerE-commerceRetail Tech

Ozivaoziva.in𝕏

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

Stockgrostockgro.clubin𝕏

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

Troovytroovyfoods.com

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 Companyurbancompany.comin𝕏

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 Flowwisprflow.aiin𝕏

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 companies

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 team

Juiciest 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

Spring Marketing Capital photoSpring Marketing Capital photoSpring Marketing Capital photoSpring Marketing Capital photoSpring Marketing Capital photo

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