About The Stepup Ventures
The Stepup Ventures, an accelerator and incubator program founded in 2020, is based in Bengaluru, India. With a presence in 1 country, it has supported around 53 startups in sectors like Enterprise Applications, Consumer. Most notable companies in
its portfolio include Alchemyst, Boingg and Unique Creations. The program is backed by a team of 8 people who primarily support Seed startups based in India. Its latest investment was a $199K Seed round in Crink on Feb 11, 2026 along with Kerala Startup Mission.
The Stepup Ventures' List of Top Investments
The Stepup Ventures has a portfolio of 53 companies. Their most notable investmentis in NewBooTheir portfolio spans across and India. They have invested in Enterprise Applications, Consumer, Retail and 22 other sectors, across stages such as Seed stage. Here is the list of top investments by The Stepup Ventures:
1. Alchemyst
Provider of an auditable context engine for artificial intelligence agents. This technology functions as a persistent memory and data layer for autonomous systems. It enables applications to retain user preferences, business information, and operational context across sessions. By providing a verifiable infrastructure, the system ensures that retrieved information remains accurate and reliable for complex tasks. The architecture integrates with existing development stacks through application programming interfaces and software development kits. It supports multiple programming languages to facilitate the deployment of production-ready agents. The solution addresses the limitations of standard model context windows by managing data storage and retrieval independently. This approach allows developers to build agents capable of reasoning, planning, and executing tasks with consistent access to relevant historical information. The platform provides access control and streaming functionality to support continuous, personalized interactions within various professional environments.
Key facts about Alchemyst
- Founded Year: 2023
- Location: Bengaluru (India)
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.35M
- Employee Count: 25 as on Jun 30, 2026
- Investors: Firstport Capital, Inflection Point Ventures and 32 Others
- Latest Funding Round: Seed, Jan 2025, $*****
2. Boingg
Internet first brand offering furniture for kids. The product offering includes cribs & cots, changing tables, nursing chairs, crib organizers, crib sheets, baby proofing, toy storage, cabinets, chest of drawers, bookshelves, wardrobes, side tables, wall shelves, teepee, clocks, chalk/corkboards, rockers, bedding sheets, mirrors, lamps, cushions, etc.
Key facts about Boingg
- Founded Year: 2018
- Location: Gurugram (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.21M
- Employee Count: 25 as on Jul 31, 2025
- Investors: Firstport Capital, Inflection Point Ventures and 75 Others
- Latest Funding Round: Seed, Jun 03, 2025, $*****
- Highlight: Editors' Pick
Unique Creations provides services related to the development of custom applications for enterprises. These include websites, mobile applications and web-based applications. Besides this, it also provides cloud services based on 3 models - Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure as- a-Service (IaaS). The services are also offered for the development of IoT based applications and e-commerce websites. Its portfolio includes websites in the education, healthcare, and retail sectors.
Key facts about Unique Creations
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Stage: Funding Raised
- Employee Count: 24 as on Jun 30, 2026
- Investors: The Stepup Ventures

4. Naario
Retailer of healthy breakfast cereals snacks and multi grain flour. This business provides food products formulated without refined flour, palm oil, or added sugar. The inventory includes various dry-roasted grain blends, snack crackers, and beverage additives. Each product is developed through community feedback and testing to ensure specific ingredient standards. The selection focuses on providing alternatives to conventional pantry staples by utilizing whole ingredients and traditional processing methods. Customers can purchase these items through an online storefront for direct delivery.
Key facts about Naario
- Founded Year: 2021
- Location: Delhi (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $336K
- Employee Count: 12 as on Jun 30, 2026
- Investors: Angel List, Arise Ventures and 18 Others
- Latest Funding Round: Seed, Jan 25, 2023, $*****

5. Fixit
AI based sales enablement tool for businesses. It leverages AI to automate the end-to-end sales processes and helps business teams to optimize performance, increase revenues, and meet targets. It provides step-by-step instructions for troubleshooting and fixing various problems. It allows users to compare individual sales agents performance against predefined benchmarks or team averages to identify high-performing agents.
Key facts about Fixit
The Stepup Ventures' Year-on-Year Investment Trends
The Stepup Ventures has invested in 53 companies over the last 3 years, with an average of 0 new investment annually in the last 3 years. As of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in Crink.The Stepup Ventures' Investments by Stage
The Stepup Ventures has made 2 investments in Seed stage with an average round size of $123K.The Stepup Ventures' Investments by Sector
The Stepup Ventures has a diverse portfolio, with companies operating in the Consumer, Consumer Goods, HealthTech and Retail. Notably, it has invested in 35 Tech companies, 24 Consumer (B2C) companies, 20 Enterprise (B2B) companies and at least 15 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Consumer Goods | 1 |
HealthTech | 1 |
Retail | 1 |
Note: We have considered here, only first round of investments
The Stepup Ventures' Investments by Geography
The Stepup Ventures has made most investments in India (2).The Stepup Ventures' recent investments
The Stepup Ventures has made 1 investments in 2026 so far - Crink.Here are the most recent investments by The Stepup Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 11, 2026 | India | Seed | 7479 | ||
Mar 30, 2023 | India | Seed | 5930 | - |
Team profile of The Stepup Ventures
The Stepup Ventures has a team of 8 members including 7 Partners located in India, United Arab Emirates and 1 more location. The Stepup Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in The Stepup Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mumbai | - | - | |
Partner | Dubai | - | ||
Partner | Chennai | - | - | |
Partner | Abu Dhabi | - | ||
Partner | - | - | ||
Partner | United States | - | - | |
Partner | Delhi | - |
Co-investors of The Stepup Ventures
Over the past 3 years, 15 investors have co-invested in The Stepup Ventures's portfolio companies. This includes funds and angels.
- Top Co-investors of The Stepup Ventures: Kerala Startup Mission entered a company along with The Stepup Ventures.
- Invested after The Stepup Ventures: A total of 14 investors have invested in The Stepup Ventures's portfolio after their investments. Top Investors include Bright Moon Ventures (1 company) and Radiantmoon Ventures (1 company).
