About TIDES
TIDES, an accelerator and incubator program founded in 2011, is based in Roorkee, India. With a presence in 4 countries, it has supported around 59 startups in sectors like Enterprise Applications, High Tech. Most notable companies in
its portfolio include Log9, Pibit AI and Ingenium. The program is backed by a team of 29 people who primarily support Seed startups based in India. Its latest investment was a $60K Seed round in Feynman Energy on Mar 27, 2024 along with Indian Institute of Technology Roorkee.
Key Metrics
Founded Year
2011
Location
Roorkee, India
Sectors of Investment
Stages of Investment
Seed & Grant (prize money)
Locations of Investment
TIDES's List of Top Investments
TIDES has a portfolio of 59 companies. Their most notable investments are in The Indian Iris and Aeva.Their portfolio spans across India, United States, Egypt and 1 more locations. They have invested in Enterprise Applications, High Tech, Environment Tech and 24 other sectors, across stages such as Seed, Grant (prize money) stages. Here is the list of top investments by TIDES:
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: 261 as on Jun 30, 2026
- Investors: Innoven Capital, Trifecta Capital and 80 Others
- Latest Funding Round: Angel, May 10, 2024, $*****
- Highlight: Editors' Pick
2. Pibit AI
AI-powered underwriting platform for commercial property and casualty insurance. The platform transforms unstructured data into actionable insights for risk assessment. It streamlines the underwriting process by analyzing loss runs, MVRs, supplements, and third-party data. The platform categorizes coverage and accident descriptions to enable precise risk evaluation.
Key facts about Pibit AI
- Founded Year: 2020
- Location: San Francisco (United States)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $7.64M
- Employee Count: 51 as on Aug 31, 2025
- Investors: Stellaris, Startup Reseau and 11 Others
- Latest Funding Round: Series A, Jun 27, 2025, $*****
- Highlight: Editors' Pick
3. Ingenium
Provides coaching centers and schools with digital solutions. It helps instructors to hold online classes, market their courses, hold online tests, and many more. Through the app, students can keep track of their progress.
Key facts about Ingenium
- Founded Year: 2018
- Location: Delhi (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $701K
- Employee Count: 13 as on Jun 30, 2026
- Investors: Faad Capital, Indian Angel Network and 81 Others
- Latest Funding Round: Seed, Mar 09, 2023, $*****
- Highlight: Editors' Pick
4. ElectreeFi
SaaS and IoT-enabled platform offering battery swapping and electric fleet management solutions. The company offers an IoT-based platform offering charging monitoring solutions, a cloud-based electric fleet management system, battery swapping management solutions, and others.
Key facts about ElectreeFi
5. SafexPay
White-label payment gateway solutions. It is a fintech company that provides a converged payments platform for businesses, offering a range of payment solutions designed to facilitate transactions across multiple channels. The company's platform provides multiple payment modes, multiple banking partners, and security measures to ensure transactions. With a focus on customized payment solutions, it aims to help businesses boost their online sales and grow their customer base. It specializes in making payouts easy to manage for merchants. It offers a range of services, including bulk and single payments.
Key facts about SafexPay
- Founded Year: 2017
- Location: Thane (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $6.04M
- Employee Count: 166 as on Feb 28, 2026
- Investors: Startup Reseau, RISE and 5 Others
- Latest Funding Round: Series A, Mar 30, 2021, $*****
- Highlight: Editors' Pick
TIDES's Year-on-Year Investment Trends
TIDES has invested in 59 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Feynman Energy and most recent follow-on round was in Logy.AI.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 2 | 2 | 4 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 4 | 0 | 4 |
2019 | 3 | 0 | 3 |
2018 | 2 | 0 | 2 |
TIDES's Investments by Stage
TIDES has made 13 investments in Seed stage with an average round size of $29.5K and 1 investment in Grant (prize money) stage.Stage of entry | No. of Investments |
|---|---|
Seed | 13 |
Grant (prize money) | 1 |
Note: We have considered here, only first round of investments
TIDES's Investments by Sector
TIDES has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Energy Tech, Environment Tech and Sustainability Tech. Notably, it has invested in 42 Tech companies, 31 Enterprise (B2B) companies, 19 Software companies and at least 18 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
High Tech | 5 |
Energy Tech | 4 |
Environment Tech | 3 |
Sustainability Tech | 3 |
Others | 27 |
Note: We have considered here, only first round of investments
TIDES's Investments by Geography
TIDES has made most investments in India (13).TIDES's recent investments
TIDES has not made any investment in 2026 so far.Here are the most recent investments by TIDES:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 27, 2024 | India | Seed | 6672 | ||
May 30, 2023 | India | Seed | 8588 | - | |
May 30, 2023 | India | Grant (prize money) | 3348 | - | |
Mar 31, 2023 | India | Seed | 9647 | - | |
Mar 08, 2023 | India | Seed | 1130 |
Team profile of TIDES
TIDES has a team of 29 members including 2 Partners, 4 Venture Partners and 4 Principals located in India. TIDES's team does not sit on the board of any company as of now.Here is a list of top team members in TIDES:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | India | - | - | |
Partner | - | - | - | |
Venture Partner | India | - | - | |
Venture Partner | India | - | - | |
Venture Partner | India | - | ||
Venture Partner | Patna | - | - | |
Principal | Roorkee | - | - | |
Principal | Dehradun | - | - | |
Principal | Roorkee | - | - | |
Principal | Gwalior | - | - |
Co-investors of TIDES
Over the past 10 years, 130 investors have co-invested in TIDES's portfolio companies. This includes funds and angels.
- Invested before TIDES: Maharashtra State Innovation Society, IIIT Hyderabad and 19 others have invested in rounds before TIDES. There is 1 company where Maharashtra State Innovation Society has invested before TIDES and 1 company where IIIT Hyderabad has invested before TIDES.
- Top Co-investors of TIDES: 3 investors entered a company along with TIDES. These include investors like Indian Institute of Technology Roorkee (3 companies).
- Invested after TIDES: A total of 106 investors have invested in TIDES's portfolio after their investments. Top Investors include Kasturilal Kundanlal Wasan (1 company) and Sachit Passi (1 company).
