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About Riidl

Riidl, an accelerator and incubator program founded in 2010, is based in Mumbai, India. With a presence in 3 countries, it has supported around 91 startups in sectors like High Tech, Enterprise Applications. As of Oct 2026, Riidl has witnessed 2 portfolio exits. Most notable companies in its portfolio include Miko, Swipe and Pocketly. The program is backed by a team of 16 people who primarily support Seed startups based in India. Its latest investment was a $14.3K Grant (prize money) round in KriSHE Carbon on Mar 2025 along with OmniActive.
Key Metrics
Founded Year
2010
Location
Mumbai, India
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed, Grant (prize money) & 1 more
Locations of Investment

Riidl's List of Top Investments

Riidl has a portfolio of 91 companies. Their most notable investments are in Offee and Offee.Their portfolio spans across India, United States and Italy. They have invested in High Tech, Enterprise Applications, HealthTech and 28 other sectors, across stages such as Seed, Grant (prize money)  and 1 more. Here is the list of top investments by Riidl:

1. Miko

Developer of AI-powered educational robots for children. These intelligent devices provide interactive learning experiences designed to engage and entertain young users through conversational artificial intelligence and robotics. The technology focuses on fostering creativity, critical thinking, and problem-solving skills in a safe, age-appropriate environment. By integrating advanced hardware with adaptive software, the robots offer a platform for educational play that supports developmental growth and curiosity.

Key facts about Miko

  • Founded Year: 2015
  • Location: Mumbai (India)
  • Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Series D
  • Total Funding till date: $99.5M
  • Employee Count: 228 as on May 31, 2026
  • Investors: Chiratae Ventures, 360 One and 121 Others
  • Latest Funding Round: Series D, Sep 21, 2026, $*****
  • Highlight: Editors' Pick
SaaS-based billing and accounting solutions for SMEs. It offers a solution that enables the creation and sharing of GST compliant invoices, sales tracking, real-time purchases and estimates, inventory management, and more. It also provides GST filing with multiple GST reports, links, and QR codes for payment acceptance, business analytics, and more.

Key facts about Swipe

  • Founded Year: 2021
  • Location: Hyderabad (India)
  • Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Seed
  • Total Funding till date: $2.05M
  • Employee Count: 17 as on Jan 31, 2025
  • Investors: Global Founders Capital, Locus Ventures and 14 Others
  • Latest Funding Round: Seed, Feb 11, 2022, $*****
  • Highlight: Editors' Pick
Provider of short-term personal loans to young professionals. It offers a fully digital application process with minimal Know Your Customer (KYC) requirements. Loans are designed to be affordable and flexible, with various repayment options available. The company emphasizes a simple and user-friendly application process, aiming to provide quick access to credit for immediate financial needs. It also features a referral program and provides 24/7 online support. The platform allows users to manage their loans and track repayments through a mobile application.

Key facts about Pocketly

  • Founded Year: 2019
  • Location: Bengaluru (India)
  • Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Seed
  • Total Funding till date: $2.83M
  • Employee Count: 395 as on Aug 31, 2025
  • Investors: Dholakia Ventures, Prophetic Ventures and 31 Others
  • Latest Funding Round: Seed, Aug 01, 2024, $*****
  • Highlight: Editors' Pick
Developer of virtual reality and gaming-based systems for mobility rehabilitation. The company offers portable systems designed to evaluate, assist, strengthen, and engage patients through unique exercises. These systems focus on improving balance, coordination, and stability using static and dynamic training modes. The products provide graphical tracking of the recovery cycle.

Key facts about Rymo Technologies

  • Founded Year: 2020
  • Location: Navi Mumbai (India)
  • Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Seed
  • Total Funding till date: $1.42M
  • Employee Count: 32 as on Aug 31, 2025
  • Investors: IKP Knowledge Park, IAN Group and 11 Others
  • Latest Funding Round: Seed, Mar 19, 2026, $*****
Manufacturer of decentralized wastewater treatment systems using electrochemical technology. The company provides modular systems for industrial and municipal wastewater treatment. Its technology offers solutions for applications including industrial wastewater, sewage, and zero liquid discharge. The company also provides separation and intelligence layers to complete the ecosystem.

Key facts about INDRA

Riidl's Investments by Stage

Riidl has made 18 investments in Seed stage with an average round size of $87.7K, 1 investment in Grant (prize money) stage with an average round size of $14.3K and 1 investment in Series C stage with an average round size of $10.5M.
Here are Riidl's investments by stage:
Stage of entry
No. of Investments
Seed
18
Grant (prize money)
1
Series C
1
Breakdown of Riidl's investments by stage of entrySeed (18)Grant (prize money) (1)
Note: We have considered here, only first round of investments

Riidl's Investments by Sector

Riidl has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Sustainability Tech, Environment Tech and Food and Agriculture Tech. Notably, it has invested in 58 Tech companies, 37 Consumer (B2C) companies, 34 Enterprise (B2B) companies and at least 28 companies focusing on Software.
Here are Riidl's investments by sector:
Sector
No. of Investments
Enterprise Applications
8
High Tech
7
Sustainability Tech
7
Environment Tech
5
Food and Agriculture Tech
4
Others
29
Breakdown of Riidl's investments by sectorsEnterprise Applic... (8)High Tech (7)
Note: We have considered here, only first round of investments

Riidl's Investments by Geography

Riidl has made most investments in India (19), followed by United States where it has made 2 investments.
Here are Riidl's investments by geography:
Country
No. of Investments
India
19
United States
2
Breakdown of Riidl's investments by countriesIndia (19)United States (2)
Note: We have considered here, only first round of investments

Riidl's recent investments

Riidl has not made any investment in 2026 so far.
Here are the most recent investments by Riidl:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Mar 2025
India
Grant (prize money)
6248
Jun 06, 2024
India
Seed
5482
Jul 07, 2023
India
Seed
9474
May 05, 2023
India
Seed
4119
Mar 30, 2023
India
Seed
2646

Acquired companies in Riidl's Portfolio

2 companies from Riidl's portfolio have been acquired. The most recent acquisition was Square Off in Oct 2022 by Miko for $*****.
Here are Riidl's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Oct 05, 2022
Jul 26, 2017
Seed
9485
Nov 08, 2021
-
-
1417

Team profile of Riidl

Riidl has a team of 16 members including 3 Principals located in India. Riidl's team does not sit on the board of any company as of now.
Here is a list of top team members in Riidl:
Name
Designation
Location
Board Memberships
Contact Details
Principal
Mumbai
-
Principal
Mumbai
-
-
Principal
Mumbai
-
-

Co-investors of Riidl

Over the past 9 years, 248 investors have co-invested in Riidl's portfolio companies. This includes funds and angels.

  • Invested before Riidl: 100X.VC, Chiratae Ventures and 83 others have invested in rounds before Riidl. There are 3 companies where 100X.VC has invested before Riidl and 1 company where Chiratae Ventures has invested before Riidl.
  • Top Co-investors of Riidl: 43 investors entered a company along with Riidl. These include investors like India Quotient (2 companies).
  • Invested after Riidl: A total of 120 investors have invested in Riidl's portfolio after their investments. Top Investors include Kunal Shah (2 companies) and India Accelerator (2 companies).

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