About Zenfold
Zenfold, an accelerator and incubator program founded in 2017, is based in Hyderabad, India. With a presence in 1 country, it has supported around 4 startups in sectors like Food and Agriculture Tech, HealthTech. Most notable companies in
its portfolio include String Bio, DoctorC and Esperer Nutrition. The program is backed by a team of 3 people who primarily support Seed startups based in India. Its latest investment was a $20M Series B round in String Bio on Jul 11, 2022, which also saw participation from Ankur Capital and Woodside Energy.
Key Metrics
Founded Year
2017
Location
Hyderabad, India
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
Zenfold's List of All Investments
Zenfold has a portfolio of 4 companies. Their most notable investments are in Esperer Nutrition and Esperer Nutrition.Their portfolio spans across and India. They have invested in Food and Agriculture Tech, HealthTech, Consumer and 2 other sectors, across stages such as Seed stage. Here is the list of all investments by Zenfold:1. String Bio
Provider of sustainable manufacturing through gas fermentation technology. It converts methane and industrial waste gases into high-value products for nutrition, agriculture, and personal care sectors.
Key facts about String Bio
- Founded Year: 2013
- Location: Bengaluru (India)
- Annual Revenue: ₹39.6Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $24.4M
- Employee Count: 182 as on Aug 31, 2025
- Investors: KITVEN, Seventure Partners and 20 Others
- Latest Funding Round: Series B, Jul 11, 2022, $*****
- Highlight: Editors' Pick
2. DoctorC
DoctorC is an online platform that enables users to search for various diagnostic tests in their city and book them on the platform. The platform offers a search engine that enables users to enter the name of the diagnostic test required and browse through the listings.
Key facts about DoctorC
- Founded Year: 2012
- Location: Hyderabad (India)
- Annual Revenue: ₹73.1Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $4.1M
- Employee Count: 130 as on Aug 31, 2025
- Investors: Accelerated Digital Ventures, Anthill Ventures and 85 Others
- Latest Funding Round: Angel, Oct 17, 2022, $*****
- Highlight: Editors' Pick
Developer of research-based nutritional therapies for disease-specific health management. The company focuses on creating scientifically proven nutritional interventions. It supports healthcare professionals and individuals in managing non-communicable diseases. The company develops condition and cancer-specific nutrition therapy to manage cancer-induced malnutrition.
Key facts about Esperer Nutrition

4. ESPERER
Developer of oncology products and services focused on cancer treatment support. The company provides medicines and molecules for cancer treatment. It also offers services during treatment to support end-users. The company aims to address the needs of individuals seeking a fulfilling life after cancer treatment.
Key facts about ESPERER
Zenfold's Year-on-Year Investment Trends
Zenfold has invested in 4 companies over the last 6 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in DoctorC and most recent follow-on round was in String Bio.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 2 | 3 |
2021 | 1 | 0 | 1 |
2020 | 2 | 1 | 3 |
Zenfold's Investments by Stage
Zenfold has made 4 investments in Seed stage with an average round size of $999K.Zenfold's Investments by Sector
Zenfold has a diverse portfolio, with companies operating in the Consumer, Food and Agriculture Tech, HealthTech, Healthcare and Life Sciences. Notably, it has invested in 3 Tech companies, 2 Consumer (B2C) companies, 2 Enterprise (B2B) companies and at least 1 company focusing on Marketplace.Sector | No. of Investments |
|---|---|
Consumer | 1 |
Food and Agriculture Tech | 1 |
HealthTech | 1 |
Healthcare | 1 |
Life Sciences | 1 |
Note: We have considered here, only first round of investments
Zenfold's Investments by Geography
Zenfold has made most investments in India (4).Zenfold's recent investments
Zenfold has not made any investment in 2026 so far.Here are the most recent investments by Zenfold:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 11, 2022 | India | Series B | 7754 | [+6] | |
Apr 18, 2022 | India | Seed | 6894 | - | |
Jan 10, 2022 | India | Seed | 5600 | ||
May 29, 2021 | India | Seed | 3304 | [+6] | |
Dec 30, 2020 | India | Seed | 4011 | - |
Team profile of Zenfold
Zenfold has a team of 3 members including 2 Partners located in India. Zenfold's team sits on the board of 1 company.Co-investors of Zenfold
Over the past 6 years, 99 investors have co-invested in Zenfold's portfolio companies. This includes funds and angels.
- Invested before Zenfold: Ankur Capital, Seventure Partners and 79 others have invested in rounds before Zenfold. There is 1 company where Ankur Capital has invested before Zenfold and 1 company where Seventure Partners has invested before Zenfold.
- Top Co-investors of Zenfold: 4 investors entered a company along with Zenfold. These include investors like RedStart Labs (1 company).
- Invested after Zenfold: A total of 14 investors have invested in Zenfold's portfolio after their investments. Top Investors include Woodside Energy (1 company) and Vsd Holdings and Advisory (1 company).
Recent News related to Zenfold
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String Bio to raise $20 million; collaborates for sustainable manufacturingworldofchemicals.com•Aug 06, 2022•String Bio, Woodside Energy, Ankur Capital, Redstart and 5 others
•
StringBio raises $20 million in Series B funding round; partners with Woodside Energy TechnologiesIndiatimes•Jul 11, 2022•String Bio, Woodside Energy, Ankur Capital, Dare Venture Group and 4 others
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Biotech Startup String Raises $20 Mn To Offer Sustainable Solutions To Diverse SectorsInc42•Jul 11, 2022•String Bio, Woodside Energy, Ankur Capital, Dare Venture Group and 2 others
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Healthcare startup Esperer Onco Nutrition raises funding from Zenfold VenturesVCCircle•Apr 15, 2020•ESPERER, Zenfold