Fund I — fifteen active companies. Three convictions in the data already.
Pre-seed and seed bets across the US-India corridor. Three follow-on rounds led by tier-1 firms.
Fifteen companies, constructed across thesis, market, stage, and investment year.
No-code DataOps + AI for industrial data — energy, utilities, heavy manufacturing.
Largest school-based child-wellbeing platform in India — 240,000+ children served.
Cloud-liberated computing — VDI / on-demand compute for the post-pandemic workforce.
AI account context and response generation for B2B customer support teams.
Robotic systems for automated testing of physical interfaces — aerospace, automotive, medical.
AI-driven shoppable video for D2C brands — 3× conversion uplift, 10× ROAS.
AI-enabled smart-utility software for small and mid-sized US utilities.
AI-powered vision-based safety automation for industrial environments.
SIM-based mobile call CRM — 450+ paying customers, $750K+ ARR, customers include Honda and Bajaj Finserv.
Battery-enabled SaaS platform for mobility and EV infrastructure.
Atmospheric water generation for the Global South — water from air at affordable scale.
Offline-first social platform for Gen Z India.
Smart locks enabling 24/7 monitoring for global asset and access management.
AI-native cybersecurity for the post-LLM enterprise stack.
Reimagining premium home interiors for India's rising middle class.
Why we backed them, and what has happened since.
Fund I deep dives now sit with the portfolio, where LPs and founders can move directly from company overview to the full investment story.
Why we backed Casa Melhor
India's middle class has been told for two decades that premium home interiors are something they can aspire to but cannot quite afford. Casa Melhor is rebuilding the economics of premium home design from the ground up — for the household that finally has both the budget and the appetite.
Why we backed Jamm
India's Gen Z does not socialize the way Indian millennials did, and they do not socialize the way American Gen Z does either. Jamm is the offline-first social platform built specifically for the way young Indians actually meet.
Why we backed Orca AI
B2B customer teams are drowning in disconnected account signals — support tickets, success notes, product usage, sales context, and renewal risk. Orca AI is the layer that turns those signals into a customer-decision substrate.
Why we backed Perleybrook
Every industrial site in the world has a safety problem and a labor-shortage problem. Perleybrook builds AI-powered vision systems that solve both — replacing rooms full of human safety monitors with continuous, accurate, frame-by-frame computer vision that catches incidents before they become injuries.
Why we backed Sector Qube
There are 30 million commercial padlocks deployed across global supply chains, warehouses, transport corridors, and energy infrastructure. Almost none of them are intelligent. Sector Qube is rebuilding that layer with smart locks that turn every shipment, every facility, and every asset into a continuously-monitored data point.
Why we backed Skydda
On April 7, 2026, an AI model read the Linux kernel and found vulnerabilities thousands of human engineers had missed for decades. The defender's edge in the world that announcement created is no longer about scanning faster — it is about knowing your specific business deeply enough to detect a patient, business-aware attacker.
Why we backed The Energy Company
India will deploy more than $1 trillion of climate-aligned infrastructure by 2030. The hardest piece of that buildout is not generating clean energy — it is storing, distributing, and operating the EV and grid assets that make the energy actually useful. The Energy Company builds the SaaS layer that makes those assets tractable.
Why we backed AeroNero
Two billion people on this planet do not have reliable access to drinking water. AeroNero is one of a small handful of companies trying to solve that problem with technology that actually works at scale — and they are doing it from Chennai, for the markets where the problem is most acute.
Why we backed Bynry
There are over one hundred thousand small and mid-sized water, electric, and gas utilities in North America, and almost every one of them is running customer-information software that was written before the iPhone was invented. Bynry is the AI-native platform that finally makes their modernization economically viable.
Why we backed DeepIQ
Most AI companies in 2024 told a story about the foundation models. DeepIQ told a story about the unglamorous middle: the messy, multi-decade-old SCADA and historian data that runs every refinery, utility, and mine on earth — and the fact that no one had built a no-code DataOps layer that could turn that data into something AI could actually use.
Why we backed Runo
Runo is the kind of company that the conventional VC model misses entirely. It is profitable. It is unsexy. It serves Indian MSMEs whose CIO no one has ever heard of. And it is one of the highest-return-per-dollar SaaS businesses in our portfolio.
Why we backed Sastra Robotics
Sastra is solving a problem that almost no one in the consumer technology world thinks about, and almost everyone in the regulated industrial world is pricing out: how do you automate the testing of physical interfaces — the touchscreens, control panels, and HMI systems — that mediate every cockpit, vehicle dashboard, surgical device, and factory line on earth?
Why we backed Whatmore
We backed Whatmore at pre-seed because we saw what every D2C operator was about to discover: that the static product page was a 2010-era artifact, and the brands willing to rebuild around video commerce would compound advantages no Shopify theme could match.
Why we backed Neverinstall
While our workforces became distributed, our computing power stayed locked in traditional hardware. Neverinstall is computing reimagined from first principles for the cloud-native era.
Why we backed HealthBasix
1 in 5 Indian children require mental health services, but the country has a 95% treatment gap for pediatric mental health. HealthBasix bridges that gap by bringing healthcare directly into schools, where 240,000+ children are now served through full-time programs.
What we do beyond writing the check.
A pre-seed or seed cheque is the start of the relationship, not the end. We measure ourselves on the operational receipts — customer introductions delivered, follow-on rounds led, strategy sharpened, crises navigated. We track these per company per quarter and share the data with our LPs every half-year.
Direct lines into enterprise buyers across the corridor.
Through the Callapina diaspora circle, the Hurun India network, and ten years of operator relationships, we open doors that cold outbound can't. Customer intros are tracked per company per quarter and reviewed at every founder check-in.
- Sastra Robotics → Dixon Technologies. We facilitated the introduction to India's largest electronics manufacturing services company.
- Sector Qube → Shadowfax. We introduced the founder at the Hurun Future Unicorn event — signed contract within three weeks.
- AeroNero → Hurun Real Estate Awards (Ahmedabad). We put the founder in front of the exact ICP — premium real-estate developers — at a Hurun-curated audience.
- AeroNero → UPenn Water Center. We facilitated the founder addressing the University of Pennsylvania's Water Center, opening US-market entry conversations.
- Neverinstall → Savex. First-time intro of an India SaaS startup to one of the country's largest IT distribution houses.
Tier-1 follow-on signal, term-sheet brokerage, exit support.
A pre-seed lead's value to a founder shows up most clearly between rounds. We've led on follow-ons, brought in tier-1 anchors, brokered consensus on contested term sheets, and supported full-cycle outcomes from first close through exit.
- Carestack → Accel as Series A lead. Brought Accel into the round; Carestack subsequently raised over $145M.
- Aisle → Info Edge acquisition. Supported the founder through diligence and term-sheet negotiation; resulted in 76% acquisition by Naukri parent.
- Profoundis → first cheque despite 60+ rejections. Conviction in the founder before the consensus formed; FullContact acquisition followed.
- Fund I follow-ons. Three Fund I follow-on rounds were led by tier-1 firms after introductions originating in our network.
The hardest decisions get made in private, before the board.
Pricing pivots. Hiring the first VP of Sales. Walking away from a bad customer. Choosing between a lead investor's term sheet and an alternative. We are on call for the calls that don't go on the calendar.
- Neverinstall. Worked with the founders through the B2C-to-B2B pivot — repositioning, messaging, customer profile.
- Whatmore. Editorial input on the path from "shoppable video tool" to "AI-driven content studio" — sharpening the wedge for international expansion.
- Sastra Robotics. Strategy on shifting from one-time hardware sale to Robot-as-a-Service subscription model.
- DeepIQ. Repositioning into AWS + Armada marketplaces and reframing the buyer narrative for industrial enterprise CIOs.
Working capital, hires, regulators — when the founder is alone.
Seed-stage founders run thin. When working capital lags, when a senior hire falls through, when a regulator surfaces, we step in. Not as observers, as operators.
- Sector Qube. We worked through working-capital constraints on-site in Cochin — solving the operational gap before it became a fundraising one.
- Runo. Helped the team navigate new TRAI directives and turn a regulatory shift into a competitive advantage.
- Neverinstall. Brokered the Equirus strategic transaction; recruited a fractional CRO from Meta · Microsoft · Salesforce to rebuild the enterprise pipeline.
- BrightPay. When the company faced wind-down, we worked alongside the founders through the closure with discipline — and report on it openly to LPs.
The Hurun India network. The Callapina diaspora corridor. Ten years of operator relationships.
Hurun India — anchored on our co-GP relationship — is the canonical dataset of Indian wealth, founders, and future unicorns. Hurun events (Future Unicorn, India Rich List, Real Estate, Global Outreach) put our portfolio companies in front of the exact buyers, partners, and capital pools they need.
The diaspora corridor — 150+ co-investors and LPs across Philadelphia, NY, SFO, Seattle, Houston, London, Cochin, Dubai, Abu Dhabi, Singapore, Hong Kong, Sweden — many of whom are themselves potential customers, hiring leads, or follow-on capital sources.