CALLAPINACAPITAL
← Fund I portfolio
Angel Portfolio

The track record that came before the fund.

Vinod's first angel check went out in 2013 — three years before "India SaaS" was a category LPs would underwrite. Twenty-four bets later, the angel portfolio is what gave us the conviction (and the data) to raise Fund I.

24
Total angel investments
Since 2013
4
Realized exits
Carestack, Profoundis, Aisle, Insent
3.15×
Realized MOIC
30%
Realized IRR
Across 13 years

Realized exits

4 of 16

The four bets we have already returned capital on. Each represents the kind of contrarian-vintage conviction that defines the practice.

Carestack logo
Carestack2013
Pre-seed
End-to-end practice-management SaaS for dental clinics.
Exited in April 2021 (company buyback). Carestack subsequently raised over $145M.
Read the deal anatomy
Exited (buyback)
10.9×
MOIC
Profoundis logo
Profoundis2014
Pre-seed
Sales-intelligence and contact-enrichment SaaS, founded in Kochi.
Acquired by FullContact (Denver) on 23 August 2016. Same founder later went on to build Insent (acquired by ZoomInfo, 2021) and Docket AI.
Read the deal anatomy
Exited (acquired)
2.20×
MOIC
Aisle logo
Aisle2017
Seed
Relationship-focused matchmaking platform for Indian singles.
Acquired by Info Edge (Naukri / Jeevansathi parent) on 4 March 2022 — 76% stake for ₹91 Cr (~$11.8M). Info Edge has since walked the stake to 100%.
Read the deal anatomy
Exited (acquired)
2.18×
MOIC
Insent logo
Insent2018
Pre-seed
B2B conversational marketing platform built by repeat founder Arjun Pillai.
Acquired by ZoomInfo on 8 June 2021 — pre-Series A on ~$2.7M total funding. Rebranded as ZoomInfo Chat. Founder went on to lead ZoomInfo as Chief Data Officer.
Read the deal anatomy
Exited (acquired)
6.12×
MOIC

Active investments

12 of 16

Public company list only. Unrealized markups and active-portfolio results are available to qualified investors through the data room.

AdmitKard logo
AdmitKard2017
Seed
AI-powered international university admissions platform.
$6M Series A led by GSV Ventures.
Active
Another 1 logo
Another 12021
Seed
Web3 luxury and NFT-based fashion platform.
Active
Buildnext logo
Buildnext2017
Seed
Tech-enabled home design, construction, and project-management platform for India.
JSW One announced the acquisition of BuildNext in April 2026, with continued participation from Pidilite Ventures.
Active
Certifyme logo
Certifyme2021
Pre-seed
Digital credentialing platform for document verification.
Active
Cookd logo
Cookd2021
Pre-seed
Cooking inspiration and e-commerce platform with recipes-to-shop integration.
Active
Crosspay logo
Crosspay2019
Seed
Cross-border remittances platform for personal and SME flows.
Active
Explara logo
Explara2017
Seed
Event ticketing and management platform.
Active
Hyreo logo
Hyreo2021
Seed
Candidate-experience platform for hiring and onboarding.
Active
Pupilfirst logo
Pupilfirst2021
Seed
Open-source LMS and online teaching platform.
Active
Seekho logo
Seekho2021
Pre-seed
Netflix-style OTT learning platform focused on vocational and skills content for India.
$25M Series B led by Bessemer.
Active
Sellerapp logo
Sellerapp2021
Seed
E-commerce seller analytics platform to optimize Amazon listings and ads.
Active
Zoko logo
Zoko2020
Pre-seed
WhatsApp commerce platform for Shopify merchants.
Active
Active results gated

Current marks and unrealized performance are shared privately with qualified investors.

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From angels to Fund II

The angel portfolio is why we know what we believe. Fund II takes the same conviction and scales it with structure.

Fund I portfolio →The thesis →Fund II →
Realized multiples shown are return divided by capital invested, sourced from the latest internal angel ledger. Active-portfolio results and specific check sizes are intentionally not disclosed publicly.