About JSS STEP
JSS STEP, an accelerator and incubator program founded in 2000, is based in Noida, India. With a presence in 4 countries, it has supported around 45 startups in sectors like Enterprise Applications, HealthTech. Most notable companies in
its portfolio include RailYatri, OneSpot and Agatsa. The program is backed by a team of 2 people who primarily support Seed startups based in India. Its latest investment was a $11.5K Seed round in Defy Aerospace on Jan 06, 2025.
Key Metrics
Founded Year
2000
Location
Noida, India
Sectors of Investment
Stages of Investment
Seed & Conventional Debt
Locations of Investment
JSS STEP's List of Top Investments
JSS STEP has a portfolio of 45 companies. Their most notable investments are in Defy Aerospace and mLeAP.Their portfolio spans across India, United States, Ghana and 1 more locations. They have invested in Enterprise Applications, HealthTech, Consumer and 22 other sectors, across stages such as Seed, Conventional Debt stages. Here is the list of top investments by JSS STEP:1. RailYatri
App-based platform offering real-time rail transit information and ticketing solutions. The platform offers information about live train status, PNR status, train stations, timetable, and more. Their platform also allows users to make the purchase of train tickets, and food order delivery at nearby stations. Their mobile app is available for both Android and iOS devices.
Key facts about RailYatri
- Founded Year: 2011
- Location: Noida (India)
- Annual Revenue: $20.1K as on Dec 31, 2016
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $82.5M
- Employee Count: 771 as on Oct 31, 2024
- Investors: Helion Venture Partners, BlackSoil and 21 Others
- Latest Funding Round: Series D, Oct 30, 2025, $*****
- Highlight: Editors' Pick
2. OneSpot
OneSpot is a content advertising platform. Automatically converts content into native-like ad units. Features proprietary "Content Sequencing", which builds profiles of target users based on cookies and IP addresses and retargets content according to the user’s customer journey stage. Provides a suite of products namely OneSpot OnSite, ReAct, InBox, InAd and Insights. Clients include Johnson & Johnson, Dell, Rackspace, Domo, General Mills, Home Depot and Remington, among others.
Key facts about OneSpot
- Founded Year: 2005
- Location: Austin (United States)
- Stage: Series A
- Total Funding till date: $18.9M
- Employee Count: 23 as on Dec 31, 2022
- Investors: Mack Capital, Mohr Davidow Ventures and 11 Others
- Latest Funding Round: Series A, Apr 13, 2016, $*****
- Highlight: Editors' Pick
3. Agatsa
Developer of devices for remote electrocardiogram monitoring and cardiac health insights. The company provides devices that allow users to monitor heart health. It offers devices and applications for health tracking and analysis. The company's products are intended for use by medical professionals, fitness enthusiasts, and individuals seeking to monitor their cardiac health.
Key facts about Agatsa
- Founded Year: 2014
- Location: Noida (India)
- Annual Revenue: ₹98.7L as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $10M
- Employee Count: 19 as on Feb 28, 2025
- Investors: Haystack, Texport Industries and 79 Others
- Latest Funding Round: Series A, Oct 17, 2023, $*****
- Highlight: Editors' Pick
4. Fretbox
SaaS-driven property management solution for property owners & managers. Provides a dashboard that allows users to manage and track the complaint status, get live updates, see charts of complaint status, and track paralyzed complaints. Notable features include multilingual, reporting and analytics, and customer feedback. Their apps are available for Android & iOS devices.
Key facts about Fretbox
- Founded Year: 2017
- Location: Jhansi (India)
- Annual Revenue: ₹62.3L as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $279K
- Employee Count: 13 as on Jul 01, 2024
- Investors: India Accelerator, Ministry of Electronics & Information Technology and 29 Others
- Latest Funding Round: Seed, May 08, 2024, $*****
- Highlight: Editors' Pick
5. Zolt Energy
Provider of residential solar rooftop installation services. It offers a wide range of services like on-grid and off-grid solar, Zolt PowerPlans, site evaluation, custom system design, installation, maintenance, regulatory approvals assistance, and solar system relocation.
Key facts about Zolt Energy
JSS STEP's Year-on-Year Investment Trends
JSS STEP has invested in 45 companies over the last 19 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in Defy Aerospace and most recent follow-on round was in mLeAP.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 1 | 0 | 1 |
2023 | 1 | 0 | 1 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 1 | 1 |
2019 | 3 | 0 | 3 |
JSS STEP's Investments by Stage
JSS STEP has made 8 investments in Seed stage with an average round size of $48.8K and 1 investment in Conventional Debt stage with an average round size of $59K.Stage of entry | No. of Investments |
|---|---|
Seed | 8 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
JSS STEP's Investments by Sector
JSS STEP has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, HealthTech, Aerospace, Maritime and Defense Tech and Consumer. Notably, it has invested in 31 Tech companies, 24 Enterprise (B2B) companies, 20 Software companies and at least 13 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
Vertical SaaS | 4 |
HealthTech | 2 |
Aerospace, Maritime and Defense Tech | 1 |
Consumer | 1 |
Others | 13 |
Note: We have considered here, only first round of investments
JSS STEP's Investments by Geography
JSS STEP has made most investments in India (9).JSS STEP's recent investments
JSS STEP has not made any investment in 2026 so far.Here are the most recent investments by JSS STEP:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 06, 2025 | India | Seed | 4299 | - | |
Mar 05, 2024 | India | Seed | 3507 | [+1] | |
Feb 06, 2023 | India | Seed | 2404 | [+3] | |
Apr 03, 2020 | India | Seed | 5431 | ||
Apr 30, 2019 | India | Seed | 9191 | - |
Team profile of JSS STEP
JSS STEP has a team of 2 members located in India. JSS STEP's team does not sit on the board of any company as of now.Co-investors of JSS STEP
Over the past 19 years, 125 investors have co-invested in JSS STEP's portfolio companies. This includes funds and angels.
- Invested before JSS STEP: Stan Kuruvilla, McCandless Management and 36 others have invested in rounds before JSS STEP. There is 1 company where Stan Kuruvilla has invested before JSS STEP and 1 company where McCandless Management has invested before JSS STEP.
- Top Co-investors of JSS STEP: 6 investors entered a company along with JSS STEP. These include investors like Manju Minhas (1 company).
- Invested after JSS STEP: A total of 81 investors have invested in JSS STEP's portfolio after their investments. Top Investors include Sun Pharma (1 company) and Orchid Medical Solutions (1 company).
Recent News related to JSS STEP
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IndusGo, FretBox, and Doqfy raise fundingYourStory•Mar 21, 2023•Fretbox, JSS STEP, India Accelerator
