When was Venture Garage founded?

Venture Garage was founded in 2016.

Where is Venture Garage's headquarters located?

Venture Garage's headquarters is located in Delhi (India).

How big is Venture Garage's investment team?

Venture Garage has a team of 15, including 3 partners.

How many companies has Venture Garage invested in?

Venture Garage has invested in 164 companies, including Kraken & Garuda Aerospace.

Which companies has Venture Garage invested in lately?

Clog London & Peep Beauty are the latest investments by Venture Garage.

How many exits has Venture Garage been involved in?

Venture Garage's portfolio has seen 3 IPOs and 1 acquisition.

How many unicorns are there in Venture Garage's portfolio?

There are 2 unicorns in Venture Garage's portfolio.

Venture Garage - 2026 Investor Profile, Portfolio, Team & Investment Trends

Venture Garage, an accelerator and incubator program founded in 2016, is based in Delhi, India. With a presence in 4 countries, it has supported around 164 startups in sectors like Enterprise Applications, Consumer. As of Oct 2026, Venture Garage has 2 unicorns under its belt and has witnessed 4 portfolio exits. Most notable companies in its portfolio include Kraken, Garuda Aerospace and People.ai. The program is backed by a team of 15 people who primarily support Seed startups based in India. Its latest investment was a Undisclosed Seed round in Clog London on Aug 31, 2026.

Key Metrics

Founded Year

2016

Location

Delhi, India

Portfolio Companies

Kraken, Garuda Aerospace & 162 more

Sectors of Investment

Enterprise Applications, Consumer & 31 more

Stages of Investment

Seed & Series A

Locations of Investment

India, United States & 2 more

Unicorn in Portfolio

People.ai & Kraken

View Venture Garage's full profile

Venture Garage has a portfolio of 164 companies, including 2 unicorns. Their most notable investments are in InfoBay and The Health Factory.Their portfolio spans across India, United States, Singapore and 1 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 30 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Venture Garage:

1. Kraken

Provider of a multi-asset trading platform. It is a multi-faceted company offering a range of services including cryptocurrency trading, asset management, and digital marketing solutions.

Key facts about Kraken

Founded Year: 2011
Location: Cheyenne (United States)
Valuation: $*****
Stage: Series D
Total Funding till date: $866M
Employee Count: 1,170 as on Aug 31, 2026
Investors: ADS Ventures, InvestX and 128 Others
Latest Funding Round: Series D, Jan 20, 2026, $*****
Highlight: Editors' Pick

2. Garuda Aerospace

Manufacturer of unmanned aerial vehicles for agricultural and industrial applications. Operations include the design, development, and deployment of aerial systems for surveying, mapping, precision spraying, and security monitoring. The business model integrates hardware production with remote pilot training and service-based drone access for various sectors. Solutions facilitate data collection, infrastructure inspection, and logistical support through a network of operational teams and technology platforms. Services are provided to entities needing aerial data and analysis without necessitating direct ownership of drone equipment. The organization maintains internal engineering and research capabilities to support fleet management and maintenance requirements. Training programs are conducted to certify operators in accordance with regulatory standards for professional drone usage.

Key facts about Garuda Aerospace

Founded Year: 2015
Location: Chennai (India)
Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2026
Valuation: $*****
Stage: Series B
Total Funding till date: $49.5M
Employee Count: 135 as on Apr 30, 2026
Investors: Ocgrow Group of Companies, Aamara Capital and 172 Others
Latest Funding Round: Series B, Jun 11, 2025, $*****
Highlight: Editors' Pick

3. People.ai

Developer of an AI revenue platform for sales team enablement. The platform provides forecasting, sales insights, and account execution tools. It offers features such as opportunity management and data-driven strategies. The platform helps align sales teams and automate sales processes. It also integrates with customer relationship management systems.

Key facts about People.ai

Founded Year: 2016
Location: San Francisco (United States)
Valuation: $*****
Stage: Series D
Total Funding till date: $198M
Employee Count: 129 as on May 31, 2026
Investors: Western Technology Investment, West Coast Equity Partners and 48 Others
Latest Funding Round: Series D, Aug 11, 2021, $*****
Highlight: Editors' Pick

4. InfoBay

Provider of expert-verified training data, annotation infrastructure, and evaluation systems for artificial intelligence models. The company engineers training intelligence by combining proprietary multilingual corpora, domain expertise, structured annotation methodology, and rigorous evaluation design to support model development. Services include pre-training data curation, instruction dataset design, reinforcement learning from human feedback, and factuality auditing. The company provides specialized datasets across audio, healthcare, coding, and textbook domains to improve model reasoning, reduce hallucinations, and ensure alignment with production requirements.

Key facts about InfoBay

Founded Year: 2016
Location: Fremont (United States)
Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2026
Valuation: $*****
Stage: Seed
Total Funding till date: $4.26M
Employee Count: 434 as on Aug 31, 2026
Investors: Maruna Exports, Lead Angels and 111 Others
Latest Funding Round: Angel, Sep 26, 2023, $*****
Highlight: Editors' Pick

5. Frido

E‑commerce brand selling ergonomic and comfort products. The company's product range include ergonomic footwear (sandals, insoles), memory-foam cushions and sleep pillows, posture supports, and workspace comfort accessories.

Key facts about Frido

Founded Year: 2015
Location: Pune (India)
Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series A
Total Funding till date: $36.7M
Employee Count: 734 as on Mar 31, 2026
Investors: MGA Ventures, Chona Family Office and 103 Others
Latest Funding Round: Series A, Nov 28, 2025, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Venture Garage has invested in 164 companies over the last 6 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 1 investment, while as of Aug 2026, it has made 4 investments in this year. Its most recent first time investment was in Clog London and most recent follow-on round was in Flo Mobility.

Here are Venture Garage's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	3	1	4
2025	1	0	1
2024	3	0	3
2023	0	0	0
2022	5	1	6
2021	5	1	6
2020	4	1	5

View all investments by Venture Garage

Venture Garage has made 20 investments in Seed stage with an average round size of $899K and 1 investment in Series A stage with an average round size of $1.81M.

Here are Venture Garage's investments by stage:

Stage of entry	No. of Investments
Seed	20
Series A	1

Note: We have considered here, only first round of investments

View all investments by Venture Garage

Venture Garage has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Consumer Goods, Retail and High Tech. Notably, it has invested in 139 Tech companies, 87 Enterprise (B2B) companies, 86 Consumer (B2C) companies and at least 70 companies focusing on Software.

Here are Venture Garage's investments by sector:

Sector	No. of Investments
Enterprise Applications	11
Consumer	6
Consumer Goods	5
Retail	5
High Tech	4
Others	31

Note: We have considered here, only first round of investments

View all investments by Venture Garage

Venture Garage has made most investments in India (20), followed by United States where it has made 1 investment.

Here are Venture Garage's investments by geography:

Country	No. of Investments
India	20
United States	1

Note: We have considered here, only first round of investments

View all investments by Venture Garage

Venture Garage has made 4 investments in 2026 so far. Clog London and Peep Beauty are the latest among them.

Here are the most recent investments by Venture Garage:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Aug 31, 2026	Clog London	India	Seed	3439	-
Apr 15, 2026	Peep Beauty	India	Seed	5957	Sadev Ventures [+31]
Feb 04, 2026	CarePay	India	Seed	5852	Powerhouse Ventures [+15]
Jan 20, 2026	Flo Mobility	India	Seed	7789	Memorable Minds [+5]
Apr 02, 2025	Cleevo	India	Seed	1697	Eternal Capital [+13]

See more recent investments made by Venture Garage

Venture Garage has 2 unicorns in its portfolio - People.ai and Kraken. The most recent unicorn in their portfolio is People.ai. It became a unicorn in 2021, 5 years before Venture Garage first invested in it.

Here is a list of unicorns in Venture Garage's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
66	People.ai	Developer of an AI revenue platform for sales team enablement	2016	Enterprise Applications	San Francisco	Series D	erqobbu
82	Kraken	Provider of a multi-asset trading platform	2011	FinTech [+1]	Cheyenne	Series D	{knrbho

View more details about unicorns in Venture Garage's portfolio

3 of Venture Garage's portfolio companies have become public. Valplast Tech got listed on the Bombay Stock Exchange (BSE), in Oct 2025 at marketcap of $11.9M and BharatRohan got listed on the Bombay Stock Exchange (BSE) at marketcap of $19.1M.

Here are Venture Garage's portfolio companies that went public:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Valplast Tech	Oct 08, 2025	-	-	8633
BharatRohan	Sep 30, 2025	Mar 12, 2024	Seed	8616
Maxvolt Energy	Feb 19, 2025	-	-	1520

View more details about public companies in Venture Garage's portfolio

1 company from Venture Garage's portfolio has been acquired. The most recent acquisition was FlyRobe in Nov 2019 by Rent It BAE for $*****.

Here are Venture Garage's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
FlyRobe	Nov 27, 2019	-	-	1274

View all acquired companies in Venture Garage's portfolio

Venture Garage has a team of 15 members including 3 Partners and 1 Principal located in India. Venture Garage's team does not sit on the board of any company as of now.

Here is a list of top team members in Venture Garage:

Name	Designation	Location	Board Memberships	Contact Details
Vivek Kumar	Partner	Gurugram	-	1 Email, 1 Phone number
Mandeep M Singh	Partner	Gurugram	-	3 Emails
Virendra Prasad Bhagat	Partner	Noida	-	1 Email
Tulika Bhatia	Principal	Delhi	-	1 Email

View team details of Venture Garage

Over the past 6 years, 1137 investors have co-invested in Venture Garage's portfolio companies. This includes funds and angels.

Invested before Venture Garage: LVX, Raman Nanda and 418 others have invested in rounds before Venture Garage. There are 4 companies where LVX has invested before Venture Garage and 2 companies where Raman Nanda has invested before Venture Garage.
Top Co-investors of Venture Garage: 442 investors entered a company along with Venture Garage. These include investors like Maruna Exports (8 companies).
Invested after Venture Garage: A total of 275 investors have invested in Venture Garage's portfolio after their investments. Top Investors include We Founder Circle (4 companies) and Wellfound (2 companies).