About Think9
Think9, an accelerator and incubator program founded in 2021, is based in Mumbai, India. With a presence in 1 country, it has supported around 14 startups in sectors like Retail, Consumer. As of Oct 2026, Think9 has witnessed 1 portfolio exit. Most notable companies in
its portfolio include Amar Chitra Katha, Broadwaylive and Foodstories. The program primarily supports Seed startups based in India. Its latest investment was a $1.09M Series A round in The Good Bug on May 15, 2023 along with Sanvi Ventures.
Key Metrics
Founded Year
2021
Location
Mumbai, India
Portfolio Companies
Stages of Investment
Seed & Series A
Locations of Investment
Think9's List of Top Investments
Think9 has a portfolio of 14 companies. Their most notable investments are in Carrot and The Good Bug.Their portfolio spans across and India. They have invested in Retail, Consumer, HealthTech and 6 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Think9:Provider of comic book publishing services. Its comics are based on religious legends and epics, historical figures and biographies, folktales, and cultural stories
Key facts about Amar Chitra Katha
- Founded Year: 1967
- Location: Mumbai (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $31M
- Employee Count: 65 as on Aug 31, 2025
- Investors: Burman Family, Elephant Capital and 20 Others
- Latest Funding Round: Unattributed, Feb 17, 2020, $*****
- Highlight: Acquired
2. Broadwaylive
Chains providing retail space for apparel footwear beauty and wellness. These physical locations feature curated selections of menswear, womenswear, footwear, skincare, beauty products, and health technology items. The stores facilitate in-person shopping experiences and offer appointment-based personal styling assistance. Operations include hosting brand workshops and event programming within the retail environment.
Key facts about Broadwaylive

3. Foodstories
Food retailer of organic and hydroponic produce. The company has skilled chefs, chocolatiers, cheesemakers, fermenters, and roastmaster. It offers cheese, fruits & vegetables, dry fruits, chocolates, gift hampers, and spices.
Key facts about Foodstories

4. The Good Bug
Provider of personalised synbiotic supplements and fermented products for gut health. It offers a gut test for personalised products recommendation. It offers a range of products addressing various health concerns, including weight management, bloating, constipation, and immune support. The products utilize clinically validated probiotic strains formulated for optimal gut survival. It also provides educational resources on gut health and offers expert consultations. Product lines include daily probiotics, prebiotic fibers, super bundles, detox shots, and fermented foods like kombucha and kefir.
Key facts about The Good Bug
- Founded Year: 2022
- Location: Mumbai (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $20.6M
- Employee Count: 114 as on Aug 31, 2025
- Investors: Fireside Ventures, Sharrp Ventures and 9 Others
- Latest Funding Round: Series B, Apr 30, 2025, $*****
5. SuperYou
Manufacturer of protein-based snacks and nutritional supplements. The company produces a variety of protein wafers, multigrain chips, and fermented yeast protein powders. These products are formulated to provide functional nutrition through clean ingredients. The offerings include various flavors of protein-enriched snacks and dietary supplements designed to support fitness and recovery.
Key facts about SuperYou
- Founded Year: 2024
- Location: Mumbai (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $8.5M
- Employee Count: 65 as on May 31, 2026
- Investors: Rainmatter, V3 Ventures and 3 Others
- Latest Funding Round: Series B, Dec 17, 2025, $*****
- Highlight: Editors' Pick
Think9's Year-on-Year Investment Trends
Its most recent first time investment was in The Good Bug.Think9's Investments by Stage
Think9 has made 1 investment in Seed stage with an average round size of $612K and 1 investment in Series A stage with an average round size of $1.09M.Think9's Investments by Sector
Think9 has a diverse portfolio, with companies operating in the Life Sciences and Retail. Notably, it has invested in 12 Consumer (B2C) companies, 7 Tech companies and 2 Enterprise (B2B) companies.Think9's Investments by Geography
Think9 has made most investments in India (2).Think9's recent investments
Think9 has not made any investment in 2026 so far.Here are the most recent investments by Think9:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 15, 2023 | India | Series A | 2548 | ||
Nov 23, 2022 | India | Seed | 2065 | [+1] |
Acquired companies in Think9's Portfolio
1 company from Think9's portfolio has been acquired. The most recent acquisition was Amar Chitra Katha in Jan 2022 by Future Group for $*****.Here are Think9's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 15, 2022 | - | - | 9502 |
Co-investors of Think9
Over the past 4 years, 19 investors have co-invested in Think9's portfolio companies. This includes funds and angels.
- Top Co-investors of Think9: 3 investors entered a company along with Think9. These include investors like Sanvi Ventures (1 company).
- Invested after Think9: A total of 16 investors have invested in Think9's portfolio after their investments. Top Investors include The Good Gut Private Family Trust (1 company) and Fireside Ventures (1 company).
Recent News related to Think9
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Think9 acquires Whoppl, launches Nova9 for culture-led marketingIndiantelevision.com•Mar 19, 2026•Think9, Whoppl
•
Ranveer Singh Launches SuperYou Protein Brand in Collaboration with Think9LAFFAZ•Nov 26, 2024•Think9
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Nykaa Board appoints Santosh Desai as Independent DirectorBusinessnewsthisweek•May 27, 2024•Nykaa, Think9
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Think9 Consumer in talks to acquire D2C brands in categories including fashion, beautyFashion Network•Jan 23, 2023•Think9
