About Vel Tech TBI
Vel Tech TBI, an accelerator and incubator program founded in 2017, is based in Chennai, India. With a presence in 2 countries, it has supported around 17 startups in sectors like Enterprise Applications, Consumer. Most notable companies in
its portfolio include Empfly, Ozone Motors and ProducerBazaar. The program is backed by a team of 20 people who primarily support Seed startups based in India. Its latest investment was a $32.1K Seed round in ProducerBazaar on Mar 11, 2024.
Key Metrics
Founded Year
2017
Location
Chennai, India
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
Vel Tech TBI's List of Top Investments
Vel Tech TBI has a portfolio of 17 companies. Their most notable investments are in Regeno and Empfly.Their portfolio spans across India and United States. They have invested in Enterprise Applications, Consumer, EdTech and 15 other sectors, across stages such as Seed stage. Here is the list of top investments by Vel Tech TBI:1. Empfly
Provider of expense and attendance management platform for enterprises. The platform provides solutions such as field force automation, AI interfaced attendance management, managed travel and expense services. It also features such as location monitoring, time calculation, face recognition, shift scheduling, and more.
Key facts about Empfly
- Founded Year: 2021
- Location: Gurugram (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Stage: Seed
- Employee Count: 17 as on Jul 31, 2026
- Investors: 10000 Startups, STPI and 1 Other
- Latest Funding Round: Seed, Mar 07, 2025, $*****
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2. Ozone Motors
Ozone Motors develops advanced technologies in the fields of connected mobility & electric vehicles. The company has developed a modular electric vehicle platform that consists of smart powertrain, battery packs, and vehicle control unit. Offers a range of integrated hardware & software products for vehicle health & analytics, tracking, connectivity, safety, fleet management, and more.
Key facts about Ozone Motors
Retailer of digital collectibles featuring unique artistic designs and characters. This service facilitates the acquisition of virtual assets through a secure transaction process. Users manage their inventory by adding specific item properties and levels to enhance the visibility of their holdings within the collection interface. The system supports the verification of creator earnings and ensures compliance with established service terms during the checkout procedure. All transactions are processed through a digital wallet integration to finalize the transfer of ownership for these virtual items.
Key facts about ProducerBazaar
- Founded Year: 2021
- Location: Chennai (India)
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $32.1K
- Employee Count: 21 as on Jul 31, 2026
- Investors: Vel Tech TBI and 2 Others
- Latest Funding Round: Seed, Mar 11, 2024, $*****
Platform providing resources for students seeking funding for international education. It offers information on scholarships and education loans for individuals pursuing studies abroad. The platform features details on various degree programs, countries of interest, and universities. Additionally, it provides access to loan tools, blog articles, and contact information for further assistance.
Key facts about WeMakeScholars
- Founded Year: 2015
- Location: India
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Stage: Funding Raised
- Employee Count: 58 as on Aug 31, 2025
- Investors: Vel Tech TBI

5. CAPCP
Key facts about CAPCP
- Founded Year: 2013
- Location: Chennai (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Stage: Funding Raised
- Employee Count: 85 as on May 31, 2026
- Investors: Vel Tech TBI
Vel Tech TBI's Year-on-Year Investment Trends
Vel Tech TBI has invested in 17 companies over the last 5 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in ProducerBazaar.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 1 | 0 | 1 |
Vel Tech TBI's Investments by Stage
Vel Tech TBI has made 3 investments in Seed stage with an average round size of $32.1K.Vel Tech TBI's Investments by Sector
Vel Tech TBI has a diverse portfolio, with companies operating in the Consumer, Blockchain - Industry Applications, Enterprise Applications, Environment Tech and Industrial Goods and Manufacturing. Notably, it has invested in 7 Tech companies, 4 Consumer (B2C) companies, 4 Enterprise (B2B) companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Blockchain - Industry Applications | 1 |
Enterprise Applications | 1 |
Environment Tech | 1 |
Industrial Goods and Manufacturing | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Vel Tech TBI's Investments by Geography
Vel Tech TBI has made most investments in India (3).Vel Tech TBI's recent investments
Vel Tech TBI has not made any investment in 2026 so far.Here are the most recent investments by Vel Tech TBI:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 11, 2024 | India | Seed | 1747 | - | |
Apr 30, 2022 | India | Seed | 2970 | - | |
Mar 30, 2021 | India | Seed | 3116 | - |
Team profile of Vel Tech TBI
Vel Tech TBI has a team of 20 members including 5 Partners and 7 Principals located in India. Vel Tech TBI's team does not sit on the board of any company as of now.Here is a list of top team members in Vel Tech TBI:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Chennai | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Principal | Chennai | - | - | |
Principal | Chennai | - | - | |
Principal | India | - | - | |
Principal | Chennai | - | - | |
Principal | Chennai | - | - | |
Principal | Chennai | - | - |
Co-investors of Vel Tech TBI
Over the past 5 years, 3 investors have co-invested in Vel Tech TBI's portfolio companies. This includes funds and angels.
- Invested after Vel Tech TBI: A total of 3 investors have invested in Vel Tech TBI's portfolio after their investments. Top Investors include STPI (1 company) and Michelle Poonawalla (1 company).
