About DERBI Foundation
DERBI Foundation, an accelerator and incubator program founded in 2015, is based in Bengaluru, India. With a presence in 1 country, it has supported around 27 startups in sectors like HealthTech, Life Sciences. Most notable companies in
its portfolio include Ayati Devices, CoRover and SUIND. The program is backed by a team of 17 people who primarily support Seed startups based in India. Its latest investment was a $91.5K Seed round in SUIND on Aug 12, 2025, which also saw participation from Sun Icon Ventures and Deepak Patil.
Key Metrics
Founded Year
2015
Location
Bengaluru, India
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Grant (prize money)
Locations of Investment
DERBI Foundation's List of Top Investments
DERBI Foundation has a portfolio of 27 companies. Their most notable investments are in ASPIC Innovations and Neuphony.Their portfolio spans across and India. They have invested in HealthTech, Life Sciences, High Tech and 10 other sectors, across stages such as Seed, Grant (prize money) stages. Here is the list of top investments by DERBI Foundation:Manufacturer of diagnostic equipment for assessing diabetic foot health conditions. These systems evaluate nerve function, vascular status, microcirculation, and plantar pressure distribution. The technology integrates sensory testing tools, dopplers, imaging systems, and digital pressure analysis platforms. These devices assist clinicians in detecting risks and monitoring progression within clinical and hospital environments.
Key facts about Ayati Devices
2. CoRover
Conversational and generative AI platform. It leverages machine learning and natural language processing technology to help businesses give automatic responses to the users queries and actions, in multiple language, channel, and format. The platform provides an end-to-end managed chatbot as a service solution to train, integrate and upgrade chatbot models.
Key facts about CoRover
- Founded Year: 2016
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $5.72M
- Employee Count: 106 as on Aug 31, 2026
- Investors: Canbank Venture Capital Fund, Authum and 20 Others
- Latest Funding Round: Series A, Jun 28, 2025, $*****
- Highlight: Editors' Pick
3. SUIND
Developer of AI-powered drone systems for precision agriculture applications. These systems offer targeted application of treatments, early issue detection, and improved crop yields. The drones provide uniform coverage and resource efficiency. They are designed for pest control, disease management, and nutrient application. The company also shares testimonials and blog posts.
Key facts about SUIND
Developer of portable diagnostic kits for rapid health testing. It offers diagnostic solutions, providing precise results for key biomarkers like TSH and HbA1c. The company works in the following areas including in vitro diagnostics, point of care testing, home diagnostics.The testing kits require a small blood sample and do not need lab infrastructure, making them suitable for resource-limited settings. It aims to make diagnostics accessible, enabling healthcare delivery and eliminating the need for repeat doctor visits.
Key facts about Vidcare Innovations
5. Arva Health
Provider of fertility testing and reproductive health services. The company offers comprehensive diagnostic assessments for individuals and couples, including fertility consultations and specialized testing. It integrates medical expertise with supportive care to guide patients through their reproductive health journeys, focusing on evidence-based diagnostics and personalized treatment planning. PF = Yes
Key facts about Arva Health
DERBI Foundation's Year-on-Year Investment Trends
DERBI Foundation has invested in 27 companies over the last 6 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in SUIND and most recent follow-on round was in DeNovo.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 1 | 1 | 2 |
2023 | 1 | 0 | 1 |
2022 | 5 | 2 | 7 |
2021 | 2 | 2 | 4 |
2020 | 8 | 0 | 8 |
DERBI Foundation's Investments by Stage
DERBI Foundation has made 15 investments in Seed stage with an average round size of $263K and 3 investments in Grant (prize money) stage with an average round size of $33.5K.Stage of entry | No. of Investments |
|---|---|
Seed | 15 |
Grant (prize money) | 3 |
Note: We have considered here, only first round of investments
DERBI Foundation's Investments by Sector
DERBI Foundation has a diverse portfolio, with companies operating in the HealthTech, Enterprise Applications, High Tech, Life Sciences and Sustainability Tech. Notably, it has invested in 23 Tech companies, 16 Enterprise (B2B) companies, 15 Software companies and at least 12 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
HealthTech | 8 |
Enterprise Applications | 6 |
High Tech | 6 |
Life Sciences | 6 |
Sustainability Tech | 3 |
Others | 13 |
Note: We have considered here, only first round of investments
DERBI Foundation's Investments by Geography
DERBI Foundation has made most investments in India (18).DERBI Foundation's recent investments
DERBI Foundation has not made any investment in 2026 so far.Here are the most recent investments by DERBI Foundation:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 12, 2025 | India | Seed | 7270 | [+2] | |
Nov 12, 2024 | India | Seed | 7290 | - | |
Apr 30, 2024 | India | Seed | 1866 | ||
Jun 06, 2023 | India | Seed | 5947 | [+13] | |
Jun 25, 2022 | India | Seed | 5653 | [+3] |
Team profile of DERBI Foundation
DERBI Foundation has a team of 17 members including 5 Partners, 2 Venture Partners and 5 Principals located in India and United States. DERBI Foundation's team sits on the board of 1 company.Here is a list of top team members in DERBI Foundation:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | |||
Partner | Bengaluru | - | ||
Partner | Bengaluru | - | - | |
Partner | Bengaluru | - | - | |
Partner | - | - | - | |
Venture Partner | Bengaluru | - | - | |
Venture Partner | Bengaluru | - | - | |
Principal | Bengaluru | - | - | |
Principal | Bengaluru | - | - | |
Principal | Bengaluru | - | - | |
Principal | Bengaluru | - | - |
Co-investors of DERBI Foundation
Over the past 6 years, 173 investors have co-invested in DERBI Foundation's portfolio companies. This includes funds and angels.
- Invested before DERBI Foundation: Venture Center, Sameer Degan and 24 others have invested in rounds before DERBI Foundation. There are 2 companies where Venture Center has invested before DERBI Foundation and 2 companies where Sameer Degan has invested before DERBI Foundation.
- Top Co-investors of DERBI Foundation: 28 investors entered a company along with DERBI Foundation. These include investors like Chiratae Ventures (2 companies).
- Invested after DERBI Foundation: A total of 119 investors have invested in DERBI Foundation's portfolio after their investments. Top Investors include IIMA Ventures (2 companies) and Texport Industries (2 companies).
Recent News related to DERBI Foundation
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Pune-based Vidcare Technologies raises pre-seed roundEntrackr•Aug 25, 2022•Social Alpha, DERBI Foundation, Vidcare Innovations, Lavni Ventures
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KBCols puts focus on natural food coloursFFOODS Spectrum•Aug 26, 2020•KBCols Sciences, Chiratae Ventures, Axilor Ventures, DERBI Foundation
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LegaLogic Advises KBCols on Seed Funding from Chiratae Ventures, Axilor Technology Fund and DERBILegaLogic•Aug 20, 2020•KBCols Sciences, Chiratae Ventures, Axilor Ventures, DERBI Foundation and 2 others
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Ameliorate Biotech secured INR 2 crore as angel investmentTechStory•Jun 09, 2020•Ameliorate Biotech, Padup Ventures, Vinners, LetsVenture and 6 others
