About Myth Ocean
Myth Ocean, an accelerator and incubator program founded in 2016, is based in Delhi, India. With a presence in 1 country, it has supported around 6 startups in sectors like Food and Agriculture Tech, High Tech. As of Jul 2026, Myth Ocean has witnessed 1 portfolio exit. Most notable companies in
its portfolio include Asteria Aerospace, PetSutra and Achromic Point. The program is backed by a team of 2 people who primarily support Seed startups based in India. Its latest investment was a $66.4K Seed round in PetSutra on Apr 02, 2022, which also saw participation from Lead Angels and R.N.R Finvest Private Limited.
Key Metrics
Founded Year
2016
Location
Delhi, India
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
Myth Ocean's List of Top Investments
Myth Ocean has a portfolio of 6 companies. Their most notable investments include Asteria Aerospace and PetSutra.Their portfolio spans across and India. They have invested in Food and Agriculture Tech, High Tech, Environment Tech and 6 other sectors, across stages such as Seed stage. Here is the list of top investments by Myth Ocean:Provider of enterprise drone technology. It develops and manufactures autonomous drones, flight software, cloud-based drone management platforms, and aerial intelligence solutions for enterprise and government customers. Its portfolio includes surveillance, inspection, mapping, and VTOL drones, the AI-powered SkyDeck drone data management platform, and Drone-as-a-Service (DaaS) offerings. Serving industries such as defense, homeland security, agriculture, telecommunications, energy, oil and gas, mining, utilities, and geospatial surveying, it combines in-house hardware design, software development, manufacturing, and analytics to deliver actionable intelligence from aerial data.
Key facts about Asteria Aerospace
- Founded Year: 2011
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $459K
- Employee Count: 242 as on May 31, 2026
- Investors: Boundary and Myth Ocean
- Latest Funding Round: Seed, Sep 14, 2018, $*****
- Highlight: Acquired

2. PetSutra
Online retailer of pet supplies. The product catalog includes vegetarian food, grooming products, toys, clothing, collars, and more. The products are available for pets such as dogs, cats, fishes, rabbits, guinea pigs & birds. It also provides information about the behavioral traits of pets, nutrition, and more. Its app is available on Android and iOS platforms.
Key facts about PetSutra
- Founded Year: 2016
- Location: Gurugram (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $214K
- Investors: Lead Angels, Venture Garage and 7 Others
- Latest Funding Round: Seed, Apr 02, 2022, $*****
- Highlight: Editors' Pick
Manufacturer of electrical motor and submersible pump stampings. It produces various electrical stampings and laminations used in pumps, electric motors, power tools, and generators. The company also manufactures electrical home appliance stampings and die-cast rotors. Its products cater to the needs of pump, motor, and generator industries. The manufacturing process emphasizes quality control to ensure high-quality products.
Key facts about Achromic Point
- Founded Year: 2010
- Location: Delhi (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Stage: Funding Raised
- Investors: Myth Ocean
4. Brand Stand
Brand Stand is an OOH advertising platform which offers varied locations in various outlets for brand promotions. It does motion posters, brandings, audience engagement, strategic brand alliances, lead generation etc. Claims to have partnered with 1000+ cafes, 500+ restaurants, 500+ retail stores, 100+ book stores etc.
Key facts about Brand Stand
- Founded Year: 2008
- Location: Delhi (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2022
- Stage: Deadpooled
- Employee Count: 11 as on Apr 30, 2026
- Investors: Myth Ocean
5. Ambrosia
Key facts about Ambrosia
- Founded Year: 1917
- Location: Delhi (India)
- Stage: Deadpooled
- Employee Count: 5 as on Apr 30, 2026
- Investors: Myth Ocean
Myth Ocean's Year-on-Year Investment Trends
Its most recent first time investment was in PetSutra.Myth Ocean's Investments by Stage
Myth Ocean has made 1 investment in Seed stage with an average round size of $66.4K.Myth Ocean's Investments by Sector
Myth Ocean has a diverse portfolio, with companies operating in the Consumer and Retail. Notably, it has invested in 3 Tech companies, 2 Enterprise (B2B) companies, 1 Consumer (B2C) company and at least 1 company focusing on Software.Myth Ocean's Investments by Geography
Myth Ocean has made most investments in India (1).Myth Ocean's recent investments
Myth Ocean has not made any investment in 2026 so far.Here are the most recent investments by Myth Ocean:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 02, 2022 | India | Seed | 7942 | [+2] |
Acquired companies in Myth Ocean's Portfolio
1 company from Myth Ocean's portfolio has been acquired. The most recent acquisition was Asteria Aerospace in Dec 2019 by Reliance Industries for $*****.Here are Myth Ocean's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 13, 2019 | - | - | 7838 |
Team profile of Myth Ocean
Myth Ocean has a team of 2 members. Myth Ocean's team does not sit on the board of any company as of now.Co-investors of Myth Ocean
Over the past 4 years, 5 investors have co-invested in Myth Ocean's portfolio companies. This includes funds and angels.
- Invested before Myth Ocean: Michael Patrick Hickey and Mayank Sharma have invested in rounds before Myth Ocean. There is 1 company where Michael Patrick Hickey has invested before Myth Ocean and 1 company where Mayank Sharma has invested before Myth Ocean.
- Top Co-investors of Myth Ocean: 3 investors entered a company along with Myth Ocean. These include investors like Lead Angels (1 company).
