About TCI Ventures
TCI Ventures is an accelerator and incubator program based in Dubai, United Arab Emirates. With a presence in 1 country, it has supported around 2 startups in sectors like Transportation and Logistics Tech, High Tech. Most notable companies in
its portfolio are Log9 and Dunzo. The program is backed by a team of 1 people who primarily support Series B startups based in India. Its latest investment was a $781K Series B round in Log9 on Oct 03, 2023 along with Girish Jain.
Key Metrics
Location
Dubai, United Arab Emirates
Sectors of Investment
Stages of Investment
Series B & Series E
Locations of Investment
TCI Ventures' List of All Investments
TCI Ventures has a portfolio of 2 companies. Their most notable investments are in Log9 and Dunzo.Their portfolio spans across and India. They have invested in Transportation and Logistics Tech, High Tech, Consumer and 6 other sectors, across stages such as Series B, Series E stages. Here is the list of all investments by TCI Ventures:
1. Log9
Online platform offering advanced battery technology solutions for electric vehicles. It is an innovative nanotechnology company specializing in the production of graphene based materials and the development of advanced battery solutions.
Key facts about Log9
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $90.3M
- Employee Count: 265 as on Apr 30, 2026
- Investors: Innoven Capital, Trifecta Capital and 79 Others
- Latest Funding Round: Angel, May 10, 2024, $*****
- Highlight: Editors' Pick
2. Dunzo
On-demand hyperlocal delivery app for food and groceries. The app allows customers to get multiple products delivered to the doorstep. It offers various services such as grocery shopping, food delivery, medicine delivery, and package delivery. It also allows users to send parcels through the application. The platform connects users with nearby delivery services, offering fast and convenient delivery options.
Key facts about Dunzo
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2023
- Last Known Valuation: $*****
- Stage: Deadpooled
- Total Funding till date: $452M
- Employee Count: 158 as on Jan 31, 2025
- Investors: Evolvence Equity Partners, Google and 81 Others
- Latest Funding Round: Series F, Mar 24, 2023, $*****
TCI Ventures' Year-on-Year Investment Trends
TCI Ventures has invested in Log9 in 2023 and Dunzo in 2020. Its most recent first time investment was in Log9.TCI Ventures' Investments by Stage
TCI Ventures has made 1 investment in Series B stage with an average round size of $781K and 1 investment in Series E stage with an average round size of $44.2M.TCI Ventures' Investments by Sector
TCI Ventures has a diverse portfolio, with companies operating in the Transportation and Logistics Tech, Auto, Auto Tech, Consumer and Energy Tech. Notably, it has invested in 2 Tech companies, 1 Consumer (B2C) company, 1 Enterprise (B2B) company and 1 company focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Transportation and Logistics Tech | 2 |
Auto | 1 |
Auto Tech | 1 |
Consumer | 1 |
Energy Tech | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
TCI Ventures' Investments by Geography
TCI Ventures has made most investments in India (2).TCI Ventures' recent investments
TCI Ventures has not made any investment in 2026 so far.Here are the most recent investments by TCI Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 03, 2023 | India | Series B | 6600 | ||
Aug 28, 2020 | India | Series E | 1987 | [+39] |
Team profile of TCI Ventures
TCI Ventures has a team of 1 member located in Canada. TCI Ventures' team does not sit on the board of any company as of now.Co-investors of TCI Ventures
Over the past 6 years, 140 investors have co-invested in TCI Ventures's portfolio companies. This includes funds and angels.
- Invested before TCI Ventures: PETRONAS, InCred and 92 others have invested in rounds before TCI Ventures. There is 1 company where PETRONAS has invested before TCI Ventures and 1 company where InCred has invested before TCI Ventures.
- Top Co-investors of TCI Ventures: 33 investors entered a company along with TCI Ventures. These include investors like Girish Jain (1 company).
- Invested after TCI Ventures: A total of 13 investors have invested in TCI Ventures's portfolio after their investments. Top Investors include Kasturilal Kundanlal Wasan (1 company) and Sachit Passi (1 company).
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