About Venture Garage
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 162 startups in sectors like Enterprise Applications, Consumer. As of Aug 2026, Venture Garage has 2 unicorns under its belt and has witnessed 4 portfolio exits. Most notable companies in
its portfolio include Kraken, Frido and InfoBay. The program is backed by a team of 14 people who primarily support Seed startups based in India. Its latest investment was a $329K Seed round in CarePay on Feb 04, 2026, which also saw participation from Powerhouse Ventures and Shubham Goyal.
Venture Garage's List of Top Investments
Venture Garage has a portfolio of 162 companies, including 2 unicorns. Their most notable investments are in 91Squarefeet 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 31 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: 1,160 as on Jun 30, 2026
- Investors: ADS Ventures, InvestX and 126 Others
- Latest Funding Round: Series D, Jan 20, 2026, $*****
- Highlight: Editors' Pick

2. 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: $36.6M
- Employee Count: 734 as on Mar 31, 2026
- Investors: Orbimed, Indian Angel Network and 91 Others
- Latest Funding Round: Series A, Nov 28, 2025, $*****
- Highlight: Editors' Pick

3. InfoBay
Provider of curated datasets and benchmarks for artificial intelligence model training. They engineer datasets to enhance pre-training, alignment, and real-world performance. The company crafts specialized datasets and post-training signals to sharpen model reliability and multimodal depth. It delivers production-ready intelligence for enterprise and research applications through intelligent curation and scalable data pipelines.
Key facts about InfoBay
- Location: Farrukhabad (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $6.34M
- Employee Count: 14 as on Aug 31, 2025
- Investors: LetsVenture, Maruna Exports and 108 Others
- Latest Funding Round: Seed, May 24, 2022, $*****
- Highlight: Editors' Pick

4. 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, Hanover Capital and 48 Others
- Latest Funding Round: Series D, Aug 11, 2021, $*****
- Highlight: Editors' Pick
Provider of unmanned aerial vehicles for agricultural and industrial applications. It designs, develops, manufactures, and operates unmanned aerial vehicles for a wide range of industrial and social‑impact use‑cases. It runs a hybrid model combining drone hardware manufacturing with Drone‑as‑a‑Service (DaaS) and remote‑pilot training. These systems facilitate crop monitoring, precision spraying, and data collection for various operational requirements. The business provides training programs for remote pilot certification and technical instruction. Equipment supports surveillance, mapping, and inspection tasks across multiple sectors.
Key facts about Garuda Aerospace
- Founded Year: 2015
- Location: Chennai (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $49.5M
- Employee Count: 135 as on Apr 30, 2026
- Investors: Ocgrow Group of Companies, Claris Capital and 172 Others
- Latest Funding Round: Series B, Jun 11, 2025, $*****
- Highlight: Editors' Pick
Venture Garage's Year-on-Year Investment Trends
Venture Garage has invested in 162 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 Feb 2026, it has made 2 investments in this year. Its most recent first time investment was in CarePay and most recent follow-on round was in Flo Mobility.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 1 | 0 | 1 |
2024 | 3 | 0 | 3 |
2023 | 0 | 0 | 0 |
2022 | 5 | 2 | 7 |
2021 | 5 | 1 | 6 |
2020 | 4 | 1 | 5 |
Venture Garage's Investments by Stage
Venture Garage has made 18 investments in Seed stage with an average round size of $872K and 1 investment in Series A stage with an average round size of $1.81M.Stage of entry | No. of Investments |
|---|---|
Seed | 18 |
Series A | 1 |
Note: We have considered here, only first round of investments
Venture Garage's Investments by Sector
Venture Garage has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Consumer Goods, High Tech and HealthTech. Notably, it has invested in 137 Tech companies, 86 Consumer (B2C) companies, 86 Enterprise (B2B) companies and at least 69 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 11 |
Consumer | 4 |
Consumer Goods | 4 |
High Tech | 4 |
HealthTech | 3 |
Others | 30 |
Note: We have considered here, only first round of investments
Venture Garage's Investments by Geography
Venture Garage has made most investments in India (19).Venture Garage's recent investments
Venture Garage has made 2 investments in 2026 so far - CarePay and Flo Mobility.Here are the most recent investments by Venture Garage:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 04, 2026 | India | Seed | 2134 | [+15] | |
Jan 20, 2026 | India | Seed | 4447 | [+5] | |
Apr 02, 2025 | India | Seed | 1193 | [+13] | |
Jul 05, 2024 | India | Seed | 2960 | ||
May 07, 2024 | India | Seed | 7510 | [+15] |
Unicorns in Venture Garage's Portfolio
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:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Developer of an AI revenue platform for sales team enablement | 2016 | San Francisco | Series D | gubcnsk | ||
82 | Provider of a multi-asset trading platform | 2011 | Cheyenne | Series D | yt{jtjw |
IPOs and Publicly Listed companies 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:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 08, 2025 | - | - | 3240 | |
Sep 30, 2025 | Mar 12, 2024 | Seed | 5300 | |
Feb 19, 2025 | - | - | 7024 |
Acquired 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:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 27, 2019 | - | - | 5942 |
Team profile of Venture Garage
Venture Garage has a team of 14 members including 4 Partners and 1 Principal located in India. Venture Garage's team sits on the board of 1 company.Here is a list of top team members in Venture Garage:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Gurugram | - | ||
Partner | Delhi | |||
Partner | Gurugram | - | ||
Partner | Noida | - | ||
Principal | Delhi | - |
Co-investors of Venture Garage
Over the past 6 years, 1090 investors have co-invested in Venture Garage's portfolio companies. This includes funds and angels.
- Invested before Venture Garage: LetsVenture, Gopal Kumar Agrawal and 422 others have invested in rounds before Venture Garage. There are 4 companies where LetsVenture has invested before Venture Garage and 2 companies where Gopal Kumar Agrawal has invested before Venture Garage.
- Top Co-investors of Venture Garage: 409 investors entered a company along with Venture Garage. These include investors like Maruna Exports (8 companies).
- Invested after Venture Garage: A total of 257 investors have invested in Venture Garage's portfolio after their investments. Top Investors include We Founder Circle (4 companies) and Chona Family Office (2 companies).
Recent News related to Venture Garage
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South Africa's FARO secures $6 million to make fashion affordableTechpoint.Africa•Jan 15, 2025•FARO Africa, Presight Capital, Venture Garage, Faro and 1 other
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B2B e-procurement platform Centriti raises INR 6 Cr in funding round led by Emergent India VenturesSnackfax•Jul 09, 2024•Centriti, Ev2 Ventures, Emergent Ventures India, Atrium Angels and 7 others
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BharatRohan's Latest Round of USD 2.3 Million to Fuel Growth in Drone-Based Agricultural SolutionsLokmat•May 07, 2024•BharatRohan, Villgro, Revx, Caspian Venture Capital and 2 others
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Protein bread maker The Health Factory raises Rs 2Cr in a seed roundIndian Startup News•Aug 18, 2022•The Health Factory, Venture Garage, Happilo
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Vernacular Test Series Provider EduGorilla Raises ₹16.5 Cr Funding Led by SucSEED Indovation FundEdTechReview•Jun 08, 2022•SucSEED Indovation, Lead Angels, Mumbai Angels, The Indus Entrepreneurs and 6 others
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