Fundraising Fox

Upsparks Capital

Venture capital

Bangalore · Pre-Seed–Seed

Fox Verdict
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Investment thesis

Upsparks Capital invests primarily at the pre-seed and seed stage, prioritizing founder-market fit and backing passionate founders committed to their goals. Their process is founder-first: startups can submit a pitch deck directly without a warm introduction, receive feedback within a week, and progress through an initial chat, partner discussions, and a formal pitch before an internal decision. The firm emphasizes seamless, helpful diligence and quick, transparent decisions. Beyond capital, Upsparks connects founders with co-investors from its network and onboards them into a community, offering guidance on common startup challenges such as hiring, go-to-market, operations, and PR.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
HQ
Bangalore, IN
Instruments
Equity
Founded
2020
Tracked investments
69

What they invest in

from 53 of 69 portfolio companies

AI & Machine Learning ×20Fintech ×14SaaS ×14Marketing Tech ×8Consumer ×7Developer Tools ×7E-commerce ×6Enterprise Software ×5

HQs:India×26United States×5Indonesia×1

Who they back

founder profiles across 19 portfolio companies
53%
solo founders
10 of 19 mapped founding teams
79%
repeat founders
of 14 founders with career history

Founding team size:solo founder×102 founders×63 founders×3

Where their founders studiedfrom 14 founders with education data

Birla Institute of Technology and Science, Pilani ×3Indian Institute of Technology, Delhi ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×3Entrepreneur First ×2

Investments · 69 tracked

founders shown can be your intro path

By year:2024 · 12023 · 34 dated

Anaranar.biz

Anar Business App was a B2B marketplace that connected small businesses, sellers, and buyers across India, facilitating business enquiries and product listings.

B2B Marketplaces

Nishank Jain(CEO and Co-founder)

Co-investorsElevation CapitalTitan CapitalAccelAll In CapitalFirst ChequeAccel India+1 more

Arcabarcab.ae
Aspireletsaspire.inin

Aspire offers short-term personal loans of up to ₹5,00,000 repaid in weekly instalments over a tenure of up to 25 weeks, with reducing-balance interest.

FintechBengaluru, IN

Manoj Kumar Rathi(Co-Founder)inTushar Viswanath Garimalla(Co-Founder)in

Co-investorsPICUS CAPITALCapital-A

Atomgridatomgrid.inin

Atomgrid is a chemical manufacturer and supplier based in India, producing chemicals for industries such as pharmaceuticals, advanced materials, and consumer goods.

Advanced ManufacturingNew Materials

Co-investorsMerak Ventures

Bambrew Sustainable Packagingbambrew.inin

Bambrew develops plastic-free packaging built on its proprietary meta-materials, including a paper-based material called Biophil and a patented "Reinforced Paper," for brands across various industries.

Circular EconomyDeep TechNew Materials

Co-investorsBlue Ashva CapitalCapital-A

Beatovenbeatoven.aiin𝕏

Beatoven.ai is an AI music generator that lets users describe and create custom royalty-free background music tracks and sound effects using its in-house "maestro" AI model.

AI & Machine LearningCreator EconomyMedia & EntertainmentBangalore, IN

Mansoor Rahimat Khan(CEO)inSiddharth Bhardwaj(CTO)in

Co-investorsCapital2BEntrepreneur FirstIvyCap VenturesRedstart Labs

BiteSpeedbitespeed.coin

BiteSpeed provides an AI-native marketing, sales, and support platform for e-commerce brands, using AI agents to manage customer conversations across WhatsApp, voice, email, SMS, and social channels.

AI & Machine LearningE-commerceMarketing Tech

Vinayak Aggarwal(Founder)inKshitij Abhishek(Founder)inAman Mishra(Founder)in

Co-investorsFirst ChequePeak XV PartnersWhiteboard Capital

Blockfendersblockfenders.com

Co-investorsArka Venture LabsBetter Capital

Bodhibodhi.appin

Bodhi is a mobile app that connects users in India with verified astrologers, tarot readers, and numerologists for online consultations via chat or call.

ConsumerMarketplacesWellness & Fitness

Co-investorsLIONHEART VENTURES

Bryskbrysk.comin𝕏

Brysk provides autonomous retail hardware and AI software solutions that operate checkout-free stores in hotels, universities, and other venues.

AI & Machine LearningHardwareRetail TechChicago, US

Co-investorsFirst ChequeTechstars

Cavacavaathleisure.comin

CAVA sells activewear, athleisurewear, streetwear, and co-ord sets, and offers gift cards that let recipients choose their own apparel.

ConsumerDirect to ConsumerE-commerceSports Tech

Ria Mittal(Founder)inShreya Mittal(Founder)in

Co-investorsV3 Ventures

Crypsocrypso.club

Suraj Kalwani(Founder)in

Co-investors2am VCBetter Capital

CustomFitcustomfit.aiin𝕏

CustomFit.ai provides website personalization software that dynamically adjusts content, layout, offers, and product recommendations based on each visitor's traffic source, device, geography, behavior, and cart contents.

E-commerceMarketing TechSaaS

Co-investorsFirst ChequeVelocity

Decentrodecentro.techin𝕏

Decentro provides APIs and SDKs that enable companies to connect with legacy financial institutions across India and APAC, replacing the fragmented integration process with a unified platform and sandbox environment.

Developer ToolsEnterprise SoftwareFintechBengaluru, IN

Rohit Taneja(Founder)in

Co-investorsCathexis VenturesFundersClubY CombinatorLocus Ventures

Descryptdescrypt.com

Bengaluru, IN

Abhishek Uppala(Founder)

EthosXethosx.xyzin𝕏

EthosX is a blockchain-based trading platform for perpetual options and other derivatives, offering high-leverage trades on real-world assets and native crypto assets with on-chain settlement and no intermediaries.

Crypto & Web3FintechClaymont, US

Deepanshu ‎‏‏‎ ‎(Founder)

Fellofello.inin𝕏Defunct

Fello is an investment app for first-time investors in India designed to simplify wealth building through disciplined, consistent investing.

FintechGamingBengaluru, IN

Manish Maryada(Founder)inShourya Lala(Founder/President)inJatin Malwal(Co-founder & CTO)

Co-investorsFlucas VenturesIIMA VenturesJITO Angel NetworkKube VCSprint VcY Combinator+3 more

Flamflamapp.comin𝕏

Flam builds AI-native content models that generate life-like immersive visuals with real-time interactive controls, streamed instantly without app downloads.

AI & Machine LearningEnterprise SoftwareMarketing Tech

Shourya Agarwal(Founder)inMalhar Patil(Founder)in

Co-investorsInventus Capital PartnersRTP GlobalTwin Ventures

Fleekgetfleek.appin𝕏

Fleek is a subscription management product that lets users discover, track, and manage their recurring subscriptions.

ConsumerFintechSaaSBengaluru, IN

Aditya Uttaravalli(Founder)

Co-investorsAxilor VenturesBetter CapitalPitchRight VenturesSprint VcBurda Principal InvestmentsEbay+1 more

FunctionUp (FanPlay)functionup.orginAcquired

FunctionUp, now operating as Polaris School of Technology under Classplus, offers outcome-focused engineering education in computer science and AI/ML for Indian students, partnering with UGC universities and delivered by IITians and software engineers.

AI & Machine LearningEdTechBengaluru, IN

Bharat Gupta(Founder)inPritesh Kumar(Founder)in

Co-investorsSprint VcY Combinator

GalaxEyegalaxeye.spacein𝕏

GalaxEye builds Mission Drishti, a satellite carrying both synthetic aperture radar (SAR) and multispectral imaging (MSI) sensors on a single platform to produce aligned, all-weather, analysis-ready Earth observation imagery.

AI & Machine LearningDeep TechSpace Tech

Co-investorsDholakia VenturesFalconX VenturesLVX VenturesMela VenturesSeraphim Space

Glamplusglamplus.in

Bengaluru-based SaaS-enabled B2B beauty marketplace supplying salons and spas with management software and products.

Bengaluru, IN

Vatsalya A(Founder)Vatsalya Agarwal(Founder)Divyanshu Singh(Founder)inRohan Singh(Founder)in

Co-investorsHyderabad AngelsKube VC

Glorootsgloroots.comin

Gloroots is an Employer of Record platform that lets companies hire, onboard, pay, and manage full-time employees or contractors across 150+ countries without setting up local entities.

Future of WorkHR TechSaaS

Co-investorsFoster VenturesZ21 Ventures

Hobspacehobspace.com

Mumbai, IN

Priya Goel Sheth(Founder)

Co-investorsFirst Cheque

HuddleUphuddleup.aiin𝕏

HuddleUp offers an employee experience platform with continuous pulse check-ins, attrition prediction, peer recognition, and an employee helpdesk.

Future of WorkHR TechSaaS

Hypergrohypergro.aiin

Hypergro (a product of TruVi) is an AI platform that generates video ads from a text prompt, producing concepts, scripts, and visuals in minutes.

AdTechAI & Machine LearningMarketing TechBengaluru, IN

Abhijeet Kumar(Founder)Neha Soman(Founder)inRituraj Biswas(Founder)in

Co-investorsDholakia VenturesTDV PartnersAstir VenturesSilverneedle Ventures

Invesmintinvestmint.club
Jarmyjar.appin𝕏

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 VenturesKalaari CapitalKube VC+11 more

Julepjulep.ai
Keploykeploy.ioin𝕏

Keploy generates API and integration tests and dependency mocks by capturing real application traffic using eBPF and network-level interception, then replays them against new builds to detect regressions.

AI & Machine LearningCloud ComputingDeveloper Tools

Co-investorsChiratae Ventures

Kofluencekofluence.comin𝕏

Kofluence is an influencer marketing platform that uses AI/ML models for creator discovery, campaign targeting, and data-driven optimization, connecting brands with a network of over 750,000 creators across social media platforms.

AI & Machine LearningCreator EconomyMarketing Tech

KoinBasketkoinbasket.comin𝕏

KoinBasket is a cryptocurrency trading app that lets users buy, sell, and invest in multiple cryptocurrencies, including through curated coin baskets.

ConsumerCrypto & Web3Fintech

Khaleelulla Baig(Founder)

Co-investorsKube VC

Krazekrazeapp.com
Kushokusho.coin𝕏Jul 2023 · $600K

KushoAI is an AI-powered software testing platform that automatically generates and maintains test suites from API definitions, runs continuous security scanning, and validates workflows across APIs, databases, and UI layers.

AI & Machine LearningCybersecurityDeveloper ToolsRichmond, US

Abhishek Saikia(Executive Officer, Director)

Co-investorsAntler

MarianaAImarianaai.comin𝕏

MarianaAI offers CARE, an AI platform that integrates with electronic health records to automate clinical documentation, generate medical codes in real time, manage physician inboxes, and provide clinical decision support.

AI & Machine LearningDigital HealthHealthtech

Money Clubmoneyclubber.com

Co-investors1CrowdMyAsiaVCSupermorpheus

Multiplimultipli.fiin𝕏

Multipli is a yield infrastructure protocol that lets institutions and users generate on-chain yield on tokenized real-world assets such as gold, stocks, and stablecoins.

Crypto & Web3Fintech

Nakul G(Founder)

Co-investorsPantera CapitalBinance LabsCoinbase VenturesElevation CapitalSequoia Capital

Multiwovenmultiwoven.com

Multiwoven provides open-source data movement infrastructure with pre-built, extensible connectors for syncing data across sources and destinations.

Data & InfrastructureDeveloper ToolsSaaS

Nectornector.ioin𝕏

Nector is an omnichannel platform combining loyalty programs, referrals, and customer reviews for online and retail brands, with real-time point syncing across ecommerce sites and in-store POS systems.

Marketing TechRetail TechSaaS

Co-investorsTDV Partners

Nivasa Financenivasafinance.com

Nivāsa Finance is a home loan facilitator that connects borrowers with multiple partner lenders and provides personal guidance through the mortgage process, including loans for construction, home improvement, loan against property, and balance transfers.

B2B MarketplacesFintechPropTech

Co-investorsPrime Venture Partners

OneAssureoneassure.inin𝕏

OneAssure is an insurance advisory and brokerage service that helps individuals and families in India choose health and life insurance plans, file claims, and review existing policies.

Digital HealthFintechInsurTech

Co-investorsRainmatterSupermorpheus

Oyelaoyela.inOct 2023

Oyela is an online retailer offering apparel in a range of sizes, positioning itself around making global fashion trends accessible to shoppers.

ConsumerE-commerceRetail TechGurgaon, IN

Anjan Kumar Patel(Founder)

Co-investorsGood CapitalInvestopadEximius VenturesPrime Venture Partners

Pixispixis.aiin𝕏

Pixis builds AI-driven advertising tools for performance marketing teams, offering campaign optimization, creative, and ad strategy solutions.

AdTechAI & Machine LearningMarketing Tech

Vrushali Prasade(Founder)inHari Valiyath(Founder)in

Co-investorsCelesta CapitalCelesta CapitalChiratae VenturesExfinity VenturesPremji InvestSoftBank Vision Fund+4 more

Precarmartprecarmart.com

Precarmart is an online platform for buying pre-owned cars, offering vehicles that undergo an inspection and quality-testing process.

E-commerceMarketplacesMobility & Transportation

Preimagepreimage.aiin𝕏

Preimage converts 360° videos and drone footage into measurable 3D models with AI analytics, letting teams document sites, track construction progress, and conduct virtual walkthroughs.

AI & Machine LearningConstruction TechPropTech

Siddharth Jha(Founder)in

Co-investorsArka Venture LabsBetter CapitalSprint VcTDV Partnerspi Ventures

Procuzyprocuzy.comin

Procuzy provides a cloud-based manufacturing ERP platform with modules for real-time inventory tracking, production planning, procurement, and batch tracking.

Advanced ManufacturingEnterprise SoftwareSaaS

Puchpuch.aiin𝕏

Puch AI is a multilingual AI assistant that responds fluently in Indian languages such as Hindi, Marathi, Tamil, Gujarati, Kannada, and others, handling tasks like answering questions, recommending places, checking facts, and generating images and videos.

AI & Machine LearningConsumer

QuickLendquicklend.inin𝕏

QuickLend offers loans against mutual funds, letting investors borrow cash of up to 80% of their mutual fund portfolio value without redeeming their units.

FintechBengaluru, IN

Abhishek Uppala(Founder)Sunanda Natrajan(Founder)

Qusoquso.aiin𝕏

quso.ai is an AI platform that turns long videos, podcasts, and streams into short vertical clips with automatic reframing, captions, and subtitles, then lets users schedule, publish, and analyze posts across social platforms.

AI & Machine LearningCreator EconomyMarketing TechBangalore, IN

Vedant Maheshwari Maheshwari(CEO)inKushagra Pandya(CTO)in

Co-investorsEntrepreneur FirstSoftBank Group

Refrensrefrens.comin𝕏

Refrens is a cloud-based, AI-powered platform for managing invoicing, accounting, GST compliance, payments, expenses, inventory, sales, and vendor workflows in one place.

Enterprise SoftwareFintechSaaS

Co-investorsFirst Cheque

Respctrespct.co
Rhymrhym.io
Ripplrippl.club
SkilloVillaskillovilla.comin𝕏

Skillovilla is an online learning platform offering live classes, mentorship, and career support to help students and job seekers build industry-relevant skills.

EdTechFuture of Work

Co-investorsSucSEED IndovationTitan Capital

Smallest AIsmallest.aiin𝕏

Smallest AI develops small, efficient multi-modal voice AI models, including text-to-speech, speech-to-text, and a sub-3B language model, along with an agentic platform for building and deploying voice agents.

AI & Machine LearningDeep TechDeveloper ToolsSan Francisco, US

Akshat Mandloi(Founder)inSudarshan Kamath(Founder)in

Co-investorsBetter CapitalInsiders VenturespeerchequeSierra Ventures3one4 Capital

Stangetstan.app

Indian live social and gaming platform where creators and communities connect through voice rooms, live chat and clubs.

Rahul Singh(Founder)in

Co-investorsBetter CapitalGFR FundMaelstromMyAsiaVCSony Ventures CorporationSprint Vc+2 more

Tap Investtapinvest.inin

Tap Invest operates a fixed income investment platform in India, offering fixed-income products to retail investors.

Fintech

Co-investorsSnow Leopard Technology Ventures

The Arcthearcweb.comin𝕏

The Arc produces specialized research, analysis, and intelligence on New Economy companies, delivered as multi-format projects created with select partners.

Data & InfrastructureMedia & Entertainment

The Gaming Projectthegamingproject.co

AATOTO - The Gaming Project is a cloud gaming service in Indonesia that lets users play online games through high-performance servers without downloading or installing large game files.

Cloud ComputingGaming

Co-investorsSucSEED Indovation

TurboML SaaSturboml.comin𝕏

TurboML is an AI platform for building continual, adaptive, and personalized machine learning models, covering data ingestion through post-deployment management with real-time data and continuous model updates.

AI & Machine LearningData & InfrastructureDeveloper Tools

Co-investorspeerchequeSprint Vc

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Upsparks Capital made?
Upsparks Capital has 69 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does Upsparks Capital invest at?
Upsparks Capital invests at the Pre-Seed, Seed stages.
What sectors does Upsparks Capital focus on?
Upsparks Capital focuses on AI & Machine Learning, Deep Tech, Enterprise Software, Fintech.
Where is Upsparks Capital located?
Upsparks Capital is headquartered in Bangalore, IN.
Who does Upsparks Capital co-invest with?
Upsparks Capital most often shares deals with Better Capital, First Cheque, Sprint Vc, among 77 tracked co-investors.

Images

Upsparks Capital photo

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