Internal Server Error

About SINE

SINE, an accelerator and incubator program founded in 2004, is based in Mumbai, India. With a presence in 9 countries, it has supported around 425 startups in sectors like High Tech, Enterprise Applications. As of Oct 2026, SINE has witnessed 13 portfolio exits. Most notable companies in its portfolio include Siemens, Seclore and Atomberg. The program is backed by a team of 39 people who primarily support Seed startups based in India. Its latest investment was a $524K Seed round in BAAS Technologies on Jul 09, 2026 along with Inflection Point Ventures.
Key Metrics
Founded Year
2004
Location
Mumbai, India
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Grant (prize money)
Locations of Investment

SINE's List of Top Investments

SINE has a portfolio of 425 companies. Their most notable investments are in MyoWorks and iKuber.Their portfolio spans across India, United States, Australia and 6 more locations. They have invested in High Tech, Enterprise Applications, Life Sciences and 36 other sectors, across stages such as Seed, Grant (prize money) stages. Here is the list of top investments by SINE:
Provider of industrial automation, electrification, and digitalization technology solutions. The company develops advanced software and hardware systems that combine the real and digital worlds to enhance efficiency in manufacturing, infrastructure, and transport. Its offerings include industrial artificial intelligence, digital twin technology, and software-defined automation tools designed to optimize building operations, energy management, and product lifecycle processes. By integrating data-driven insights with engineering expertise, the company supports the transition toward sustainable and resilient industrial operations across various sectors.

Key facts about Siemens

  • Founded Year: 1847
  • Location: Munich (Germany)
  • Annual Revenue: €1B+ as on Sep 30, 2025
  • Stage: Public
  • Employee Count: 278,194 as on Sep 30, 2026
  • Investors: Jindal Ventures, Bluefish Capital and 11 Others
  • Latest Funding Round: Grant (prize money), Aug 01, 2024, $*****
  • Highlight: Public
Provider of data-centric security software for preventing data theft and compliance. The platform facilitates discovery, classification, protection, monitoring, and tracking of sensitive digital assets. It offers digital asset classification, enterprise digital rights management, and risk insights. The platform provides APIs, SDKs, and email encryption. It integrates with data loss prevention, cloud access security brokers, and SIEM tools.

Key facts about Seclore

  • Founded Year: 2008
  • Location: Mumbai (India)
  • Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Series D
  • Total Funding till date: $51.8M
  • Employee Count: 332 as on Aug 31, 2025
  • Investors: Helion Venture Partners, Trifecta Capital and 39 Others
  • Latest Funding Round: Series D, Oct 15, 2025, $*****
  • Highlight: Editors' Pick
Manufacturer of energy efficient ceiling fans kitchen appliances smart locks. The company specializes in energy-efficient smart home appliances like BLDC ceiling fans, mixer grinders, water purifiers, and more. These appliances utilize motor technology designed to reduce power consumption during operation. The product range covers household cooling, food preparation, and home security requirements.

Key facts about Atomberg

  • Founded Year: 2012
  • Location: Mumbai (India)
  • Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Series C
  • Total Funding till date: $119M
  • Employee Count: 1,045 as on Mar 31, 2026
  • Investors: Steadview, Temasek and 25 Others
  • Latest Funding Round: Series C, Oct 17, 2025, $*****
  • Highlight: Editors' Pick
Manufacturer of uncrewed aerial systems for military and civilian applications. These systems include hybrid multi-rotor aircraft, tethered electric platforms, and loitering munitions. The technology incorporates intelligent mesh networks and autonomous ground interdiction capabilities. These platforms support parallel task execution and dynamic retasking for various operational requirements.

Key facts about Newspace Research and Technologies

  • Founded Year: 2018
  • Location: Bengaluru (India)
  • Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Series B
  • Total Funding till date: $87.1M
  • Employee Count: 532 as on Apr 30, 2026
  • Investors: 360 One, Trifecta Capital and 100 Others
  • Latest Funding Round: Series B, Aug 01, 2024, $*****
  • Highlight: Editors' Pick
Manufacturer of motor vehicle parts and systems. Its product portfolio includes sensorless integrated starter generators, ECUs for fuel injection, smart ignition, voltage regulators, battery management systems, connectivity devices, generator controllers, and battery chargers. It supplies critical-to-the-application control products in large volumes, from in-house lines, to leaders of large markets.

Key facts about SEDEMAC

  • Founded Year: 2007
  • Location: Pune (India)
  • Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
  • Stage: Public
  • Total Funding till date: $26.2M
  • Employee Count: 518 as on May 31, 2026
  • Investors: Nexus Venture Partners, 360 One and 26 Others
  • Latest Funding Round: Angel, Sep 01, 2025, $*****
  • Highlight: Public

SINE's Investments by Stage

SINE has made 84 investments in Seed stage with an average round size of $172K and 2 investments in Grant (prize money) stage with an average round size of $72.1K.
Here are SINE's investments by stage:
Stage of entry
No. of Investments
Seed
84
Grant (prize money)
2
Breakdown of SINE's investments by stage of entrySeed (84)Grant (prize money) (2)
Note: We have considered here, only first round of investments

SINE's Investments by Sector

SINE has a diverse portfolio, with companies operating in the High Tech, Life Sciences, Sustainability Tech, Enterprise Applications and HealthTech. Notably, it has invested in 287 Tech companies, 273 Enterprise (B2B) companies, 132 Software companies and at least 119 companies focusing on Tech hardware.
Here are SINE's investments by sector:
Sector
No. of Investments
High Tech
36
Life Sciences
20
Sustainability Tech
20
Enterprise Applications
19
HealthTech
17
Others
125
Breakdown of SINE's investments by sectorsHigh Tech (36)Life Sciences (20)
Note: We have considered here, only first round of investments

SINE's Investments by Geography

SINE has made most investments in India (85), followed by United States where it has made 1 investment.
Here are SINE's investments by geography:
Country
No. of Investments
India
85
United States
1
Breakdown of SINE's investments by countriesIndia (85)
Note: We have considered here, only first round of investments

SINE's recent investments

SINE has made 3 investments in 2026 so far. BAAS Technologies and Boltzmann are the latest among them.
Here are the most recent investments by SINE:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Jul 09, 2026
India
Seed
8744
Mar 26, 2026
India
Seed
1876
-
Feb 02, 2026
India
Seed
5845
-
Nov 22, 2025
India
Seed
3728
Nov 21, 2025
India
Seed
9672
-

IPOs and Publicly Listed companies in SINE's Portfolio

5 of SINE's portfolio companies have become public. SEDEMAC got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Mar 2026 at marketcap of $650M and ideaForge got listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE) at marketcap of $339M.
Here are SINE's portfolio companies that went public:
Company
IPO Date
First Invested on
First Round of Investment
Round Size
Mar 11, 2026
-
-
1222
Jul 07, 2023
-
-
9030
Sep 05, 2019
Feb 25, 2016
Seed
4749
Jul 14, 1995
-
-
9560
Jun 28, 1962
-
-
8564

Acquired companies in SINE's Portfolio

8 companies from SINE's portfolio have been acquired. The most recent acquisition was Elcome in Nov 2025 by Syrma SGS for $*****.
Here are SINE's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Nov 11, 2025
-
-
8555
Jun 14, 2022
-
-
8940
Nov 11, 2021
Nov 07, 2017
Seed
7730
Nov 11, 2021
Nov 07, 2017
Seed
4219
Jun 01, 2019
-
-
7984

Team profile of SINE

SINE has a team of 39 members including 10 Partners, 3 Venture Partners and 7 Principals located in India. SINE's team sits on the board of 9 companies.
Here is a list of top team members in SINE:
Name
Designation
Location
Board Memberships
Contact Details
Partner
Mumbai
Partner
Mumbai
-
Partner
Mumbai
-
Partner
Mumbai
-
-
Partner
Mumbai
-
-
Partner
Mumbai
-
-
Partner
Mumbai
-
-
Partner
Mumbai
-
-
Partner
Mumbai
-
-
Partner
Mumbai
-
-
Partner
Mumbai
-
-

Co-investors of SINE

Over the past 12 years, 899 investors have co-invested in SINE's portfolio companies. This includes funds and angels.

  • Invested before SINE: Startup Karnataka, Subu Goparaju and 263 others have invested in rounds before SINE. There are 2 companies where Startup Karnataka has invested before SINE and 1 company where Subu Goparaju has invested before SINE.
  • Top Co-investors of SINE: 110 investors entered a company along with SINE. These include investors like HPCL (2 companies).
  • Invested after SINE: A total of 524 investors have invested in SINE's portfolio after their investments. Top Investors include Inflection Point Ventures (3 companies) and IIT Bombay (3 companies).

Recent News related to SINE

View all news related to SINE

FAQs about SINE

Tracxn powers 1,000+ customers across 30+ countries
Accel PartnersPartechIN-Q-TEL - USFujitsuTenityStanford