Upsparks Capital
Venture capitalBangalore · Pre-Seed–Seed
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.
What they invest in
from 53 of 69 portfolio companiesAI & 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 companiesFounding 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
Investments · 69 tracked
founders shown can be your intro pathBy year:2024 · 12023 · 34 dated
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
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
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 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
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
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
Co-investorsArka Venture LabsBetter Capital
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
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
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
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
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
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
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
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, 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
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
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
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
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
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
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
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
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
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
Co-investors1CrowdMyAsiaVCSupermorpheus
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
Multiwoven provides open-source data movement infrastructure with pre-built, extensible connectors for syncing data across sources and destinations.
Data & InfrastructureDeveloper ToolsSaaS
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
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
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
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
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
Precarmart is an online platform for buying pre-owned cars, offering vehicles that undergo an inspection and quality-testing process.
E-commerceMarketplacesMobility & Transportation
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
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
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
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 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
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 Invest operates a fixed income investment platform in India, offering fixed-income products to retail investors.
Fintech
Co-investorsSnow Leopard Technology Ventures
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 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
Typo is an engineering intelligence platform that connects development signals to measure delivery speed, code quality, and developer experience, including how AI-generated code impacts these metrics.
AI & Machine LearningDeveloper ToolsSaaS
Co-investorsAnicut CapitalFirst ChequeSupermorpheus
Vegapay provides an API-first, cloud-native banking technology platform that lets banks and lenders build and launch products such as credit lines and credit cards on UPI, card programs (credit, prepaid, forex, debit), and lending tech for loan origination, management, and collections.
Cloud ComputingFintechSaaSMumbai, IN
Himanshu Agrawal(Founder)Puneet Sharma(Founder)Gaurav Mittal(Founder)in
Co-investorsElevation CapitalClimber CapitalEximius Ventures
Wherehouse offers e-commerce fulfillment and inventory management for online brands, using a warehouse management system and a hybrid network of hyperlocal and 3PL partners to pick, pack, and ship orders.
E-commerceLogistics & Supply ChainSaaS
Vaibhav Chawla(Founder)inJeevan Prakash(Founder)in
Co-investorsBetter CapitalFirst Cheque
Seattle, US
Siddhant Masson(Executive Officer, Director)Saswat Nanda(Executive Officer, Director)
Co-investorsArray Ventures Management LlcBreakwater VenturesGeek VenturesSeaChange
Zenopsys is an AI-native documentation workspace for authoring, reviewing, and submitting drug development documents such as clinical protocols, CSRs, and eCTD dossiers (IND, ANDA, NDA, MAA).
AI & Machine LearningHealthtechSaaS
Sriharsha Challa(Founder)inVarun Jampala(Founder)in
Co-investorsBetter Capital
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
Co-investorsChakra Growth FundDholakia VenturesLVX VenturesRiso CapitalShell FoundationSprint Vc+3 more
Portfolio news
latest coverage across their companiesGalaxEye · officechai.com · Aug 22, 2026
Kofluence · timesofindia.indiatimes.com · Aug 19, 2026

Jar · m.dailyhunt.in · Aug 18, 2026
Zypp Electric · whalesbook.com · Jul 28, 2026
Fleek · modaes.com · Jul 21, 2026
Decentro · ycombinator.com · Jun 25, 2026
Multipli · daily-tribune.com · Jun 18, 2026
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.
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