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About PSG-STEP

PSG-STEP, an accelerator and incubator program founded in 1951, is based in Coimbatore, India. With a presence in 2 countries, it has supported around 32 startups in sectors like Enterprise Applications, Retail. As of Apr 2026, PSG-STEP has witnessed 1 portfolio exit. Most notable companies in its portfolio include Metayage IP Strategy Consulting, Greenerg and DelvingRD. The program is backed by a team of 6 people who primarily support Seed startups based in India. Its latest investment was a $20.1K Seed round in Doctor Oxy on Nov 30, 2013.
Key Metrics
Founded Year
1951
Location
Coimbatore, India
Sectors of Investment
Stages of Investment
Seed
Locations of Investment

PSG-STEP's List of Top Investments

PSG-STEP has a portfolio of 32 companies. Their most notable investments include Metayage IP Strategy Consulting and Greenerg.Their portfolio spans across India and Norway. They have invested in Enterprise Applications, Retail, High Tech and 18 other sectors, across stages such as Seed stage. Here is the list of top investments by PSG-STEP:
Provider of intellectual property protection and strategy services. It offers a full suite of IP services, including patent, trademark, and design protection, as well as due diligence and patent intelligence. The firm assists clients throughout the entire IP lifecycle, from initial idea generation to monetization. Services also encompass IP audits and strategic planning to align business goals with IP initiatives. It aims to simplify the complexities of IP management and help clients secure and leverage their intellectual assets.

Key facts about Metayage IP Strategy Consulting

Developer of electric mobility components, including powertrain and instrument cluster. It focuses on engineering solutions for electric vehicle component development. It offers solutions such as digital instrument clusters and connected mobility options. The company integrates engineering disciplines with multidisciplinary skills for problem-solving.

Key facts about Greenerg

  • Founded Year: 2020
  • Location: Coimbatore (India)
  • Annual Revenue: ₹5.94Cr as on Mar 31, 2024
  • Valuation: $*****
  • Stage: Funding Raised
  • Employee Count: 35 as on Aug 31, 2025
  • Investors: PSG-STEP
DelvingRD is an ERP solutions provider for construction, textile, and manufacturing industry. Construction ERP has modules for monitoring, inventory management, transport management and project management. Textile ERP has modules for Labour management, sales management, spare parts module and maintainance module. Manufacturing ERP has modules for sales, inventory management, production and assessment reports. Other solutions include research and GST.

Key facts about DelvingRD

  • Founded Year: 2015
  • Location: Coimbatore (India)
  • Annual Revenue: ₹32.9L as on Mar 31, 2025
  • Stage: Funding Raised
  • Investors: SINE and PSG-STEP
SlickPOS provides cloud-based PoS solutions for restaurants. It offers Slick PoS software that enables food establishments and retailers to manage menu prices, track sales, go through customer metrics, and integrate online orders from its food delivery partners. Also, allows them to manage table orders, kitchen inventory, and CRM solutions.

Key facts about SlickPOS

  • Founded Year: 2017
  • Location: Coimbatore (India)
  • Annual Revenue: ₹40.4L as on Mar 31, 2021
  • Stage: Deadpooled
  • Employee Count: 6 as on Jul 31, 2024
  • Investors: PSG-STEP
Provider of a bioinformatics and gene sequencing platform for research. The company has VarDiGmix a Saas-based platform of bioinformatics methodologies and manual curation procedures for identifying clinically actionable and biologically significant variants. It has applications for clinicians, researchers, academicians, molecular geneticists, bioinformaticians, and more.

Key facts about Genomatics

  • Founded Year: 2017
  • Location: Coimbatore (India)
  • Annual Revenue: ₹88.8L as on Mar 31, 2025
  • Stage: Funding Raised
  • Employee Count: 1 - 10 as on Jul 01, 2024
  • Investors: PSG-STEP

PSG-STEP's Investments by Stage

PSG-STEP has made 1 investment in Seed stage with an average round size of $20.1K.

PSG-STEP's Investments by Sector

PSG-STEP has a diverse portfolio, with companies operating in the Enterprise Applications, HealthTech and Vertical SaaS. Notably, it has invested in 13 Enterprise (B2B) companies, 9 Software companies, 9 Tech companies and at least 5 companies focusing on Saas.
Here are PSG-STEP's investments by sector:
Sector
No. of Investments
Enterprise Applications
1
HealthTech
1
Vertical SaaS
1
Breakdown of PSG-STEP's investments by sectorsEnterprise Applic... (1)HealthTech (1)
Note: We have considered here, only first round of investments

PSG-STEP's Investments by Geography

PSG-STEP has made most investments in India (1).

PSG-STEP's recent investments

PSG-STEP has not made any investment in 2026 so far.
Here are the most recent investments by PSG-STEP:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Nov 30, 2013
India
Seed
5123
-

Acquired companies in PSG-STEP's Portfolio

1 company from PSG-STEP's portfolio has been acquired. The most recent acquisition were Hglund Group in Jan 2023 by Eitzen Group.
Here are PSG-STEP's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Jan 20, 2023
-
-
4683

Team profile of PSG-STEP

PSG-STEP has a team of 6 members including 3 Partners and 2 Principals located in India. PSG-STEP's team does not sit on the board of any company as of now.
Here is a list of all team members in PSG-STEP:
Name
Designation
Location
Board Memberships
Contact Details
Partner
-
-
-
Partner
-
-
-
Partner
-
-
-
Principal
Coimbatore
-
-
Principal
-
-
-

Recent News related to PSG-STEP

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FAQs about PSG-STEP

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