About Starfish
Starfish, an accelerator and incubator program founded in 2016, is based in Hyderabad, India. With a presence in 3 countries, it has supported around 24 startups in sectors like Food and Agriculture Tech, High Tech. As of Jun 2026, Starfish has witnessed 1 portfolio exit. Most notable companies in
its portfolio include Cuemath, Siply and Makers Hive Innovations. The program is backed by a team of 19 people who primarily support Series A startups based in India. Its latest investment was a $9M Series A round in Makers Hive Innovations on Jan 27, 2021.
Starfish's List of Top Investments
Starfish has a portfolio of 24 companies. Their most notable investmentis in Makers Hive InnovationsTheir portfolio spans across India, Egypt and Japan. They have invested in Food and Agriculture Tech, High Tech, Consumer and 10 other sectors, across stages such as Series A stage. Here is the list of top investments by Starfish:
1. Cuemath
Online platform offering live classes for school students. It offers interactive and 1-on-1 classes for students. It also provides Math tutoring solutions for KG to 6th class students. The features include workbooks, puzzle cards, tab-based math activities, personalized learning, and more. It also offers math learning resources which include JEE materials, NCERT solutions, and more. Its mobile app is available for Android devices.
Key facts about Cuemath
- Founded Year: 2013
- Location: Bengaluru (India)
- Annual Revenue: ₹157Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $126M
- Employee Count: 315 as on Aug 31, 2025
- Investors: LGT Group, Peak XV Partners and 15 Others
- Latest Funding Round: Series D, Jun 01, 2022, $*****
- Highlight: Editors' Pick
2. Siply
Provider of micro‑savings and financial inclusion services via AI‑driven app. The platform enables underserved users to save in small increments and access investment offerings through a vernacular mobile interface. It supports automated savings pathways, micro‑loan disbursement, and participation in group savings formats. Integrated AI assists by tailoring product recommendations and optimizing user engagement based on behavior patterns and language preferences. Designed for digitally underserved populations, the app delivers flexible onboarding, instant access to savings and loans, and intuitive vernacular navigation without requiring financial literacy. This solution addresses inclusion by combining micro‑financial services, educational content, and AI personalization in one accessible ecosystem.
Key facts about Siply
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: ₹17Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $27.1M
- Employee Count: 36 as on Apr 30, 2026
- Investors: QED Innovation Labs, Angel List and 58 Others
- Latest Funding Round: Angel, Feb 10, 2023, $*****
- Highlight: Editors' Pick
Manufacturer of assistive devices specifically advanced prosthetic and bionic limbs. It develops 3D-printed, electromyography sensors embedded, lightweight bionic hands. The flagship product is KalArm a fully functional bionic hand designed to help upper-limb amputees regain everyday abilities devices include pre-defined grips and customizable outer panels. The bionic hands are paired with a mobile application that monitors performance and enables firmware updates.
Key facts about Makers Hive Innovations
Financial platform designed to make financial planning affordable. Its platform is coupled with investment advisory services, real-time portfolio tracking, and expense management and execution, enabling customers to be financially aware of their situation and spend accordingly.
Key facts about Capital Quotient
- Founded Year: 2016
- Location: Bengaluru (India)
- Annual Revenue: ₹1.55Cr as on Mar 31, 2022
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $2.72M
- Employee Count: 1 as on Aug 31, 2022
- Investors: Starfish, Cqwq Enterprises and 158 Others
- Latest Funding Round: Angel, Oct 11, 2021, $*****
- Highlight: Editors' Pick
5. F1 Studioz
F1 Studioz is a UI/UX design company headquartered in Hyderabad, India with another office in USA. Services include UX strategy, visual design, UI development, and product strategy. Recent work includes Darwinbox, Adappt, WesttJet, Dr. Reddy's, Commercial bank of Dubai, HDFC Life, Cognitive Scale among others.
Key facts about F1 Studioz
Starfish's Year-on-Year Investment Trends
Its most recent first time investment was in Makers Hive Innovations.Starfish's Investments by Stage
Starfish has made 1 investment in Series A stage with an average round size of $9M.Starfish's Investments by Sector
Starfish has a diverse portfolio, with companies operating in the HealthTech, High Tech and Robotics - Industry Applications. Notably, it has invested in 7 Consumer (B2C) companies, 7 Tech companies, 6 Enterprise (B2B) companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
HealthTech | 1 |
High Tech | 1 |
Robotics - Industry Applications | 1 |
Note: We have considered here, only first round of investments
Starfish's Investments by Geography
Starfish has made most investments in India (1).Starfish's recent investments
Starfish has not made any investment in 2026 so far.Here are the most recent investments by Starfish:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 27, 2021 | India | Series A | 9758 | - |
Acquired companies in Starfish's Portfolio
1 company from Starfish's portfolio has been acquired. The most recent acquisition was F1 Studioz in Oct 2022 by LS Digital for $*****.Here are Starfish's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 04, 2022 | - | - | 7631 |
Team profile of Starfish
Starfish has a team of 19 members including 3 Partners, 1 Venture Partner and 5 Principals located in India. Starfish's team does not sit on the board of any company as of now.Here is a list of top team members in Starfish:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Hyderabad | - | ||
Partner | Mumbai | - | - | |
Partner | Hyderabad | - | - | |
Venture Partner | Bengaluru | - | ||
Principal | Hyderabad | - | - | |
Principal | Hyderabad | - | - | |
Principal | Hyderabad | - | - | |
Principal | Bengaluru | - | - | |
Principal | Hyderabad | - | - |
Co-investors of Starfish
Over the past 5 years, one investor has co-invested in Starfish's portfolio companies. This includes funds and angels.
- Invested after Starfish: Dr. Ravindranath K. (1 company) is the only investor which has invested in Starfish's portfolio after their investments.
Recent News related to Starfish
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Makers Hive raises $9M from Starfish Growth Partners, InvestpadYourStory•Jan 27, 2021•Makers Hive Innovations, Starfish, , Investopad
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