About Pinaki Ventures
Pinaki Ventures, established in 2000, is an angel investment group based in Delhi, India. It primarily focuses on Seed investments in companies in India. Its portfolio includes 6 firms, spanning the Food and Agriculture Tech, Auto Tech sectors. Its most notable investments include companies like myHQ, Crofarm and KarmaLife. As of Apr 2026, Pinaki Ventures has witnessed 1 portfolio exit. Its latest investment was a $652K Seed round in BharatNXT on Jun 23, 2021, which also saw participation from Soll Industries and KKD Advisors.
To date, 46 investors have co-invested in Pinaki Ventures's portfolio companies, including prominent names like India Quotient.
Pinaki Ventures' List of Top Investments
Pinaki Ventures has a portfolio of 6 companies. Their most notable investments include myHQ and Crofarm.Their portfolio spans across and India. They have invested in Food and Agriculture Tech, Auto Tech, Enterprise Applications and 10 other sectors, across stages such as Seed stage. Here is the list of top investments by Pinaki Ventures:
1. myHQ
Provider of an online marketplace to book shared office membership pass. Amenities provided include wifi, on-demand pass for individuals, permanent space for teams, on-demand pass for teams, professional business address, virtual office, discounted food, and beverages are provided as a part of the chosen plans.
Key facts about myHQ
- Founded Year: 2016
- Location: Delhi (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $2.74M
- Employee Count: 290 as on Oct 31, 2024
- Investors: LetsVenture, RB Investments and 46 Others
- Latest Funding Round: Seed, Jan 16, 2021, $*****
- Highlight: Acquired
2. Crofarm
B2B supply chain for fresh farm produce. The service streamlines the supply chain, ensuring high-quality products reach consumers quickly. It utilizes technology to manage orders, track deliveries, and maintain transparency throughout the process.
Key facts about Crofarm
- Founded Year: 2016
- Location: Gurugram (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $41.7M
- Employee Count: 71 as on Jan 31, 2026
- Investors: LetsVenture, Konark Trust and 72 Others
- Latest Funding Round: Series B, Aug 03, 2023, $*****
- Highlight: Editors' Pick
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3. KarmaLife
Provider of financial solutions enabling access to earned wages and credit. The company offers a platform for workers to access a portion of their earned income before their regular payday. It also provides deduction management services for loan repayments and savings contributions. The platform automates technology to streamline partner experience and ensure easy integration.
Key facts about KarmaLife
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $9.02M
- Employee Count: 117 as on Feb 28, 2025
- Investors: Astir Ventures, LetsVenture and 46 Others
- Latest Funding Round: Series A, Mar 31, 2023, $*****
- Highlight: Editors' Pick
4. BharatNXT
Provider of B2B compliant payment solutions. It allows users to make payments to suppliers, GST, rent, utilities, and other business payments using the credit cards. It also enables users to earn rewards and cashback on business payments. The application is available on both iOS and Android platforms.
Key facts about BharatNXT
- Founded Year: 2018
- Location: Mumbai (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.43M
- Employee Count: 41 as on Aug 31, 2025
- Investors: Firstport Capital, Panthera Peak Capital and 76 Others
- Latest Funding Round: Angel, May 15, 2023, $*****
- Highlight: Editors' Pick
Manufacturer of electric tractors for agriculture, industry, and defense applications. These tractors support material handling, site maintenance, and logistical operations across various sectors. The tractors offer options for remote operation and all-terrain capabilities. They are designed to handle tasks related to construction, metal manufacturing, and airport operations.
Key facts about AutoNxt Automation
- Founded Year: 2016
- Location: Thane (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $5.31M
- Employee Count: 25 as on Jul 31, 2025
- Investors: Bluehill VC, Keiretsu Forum and 75 Others
- Latest Funding Round: Seed, Feb 13, 2024, $*****
- Highlight: Editors' Pick
Pinaki Ventures' Year-on-Year Investment Trends
Pinaki Ventures has invested in 6 companies over the last 8 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in BharatNXT and most recent follow-on round was in myHQ.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 | 0 | 0 | 0 |
2021 | 2 | 1 | 3 |
2020 | 1 | 0 | 1 |
2019 | 1 | 0 | 1 |
2018 | 2 | 0 | 2 |
Pinaki Ventures' Investments by Stage
Pinaki Ventures has made 6 investments in Seed stage with an average round size of $889K.Pinaki Ventures' Investments by Sector
Pinaki Ventures has a diverse portfolio, with companies operating in the Auto Tech, Consumer, Enterprise Applications, FinTech and Food and Agriculture Tech. Notably, it has invested in 6 Tech companies, 5 Enterprise (B2B) companies, 3 Consumer (B2C) companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
Auto Tech | 2 |
Consumer | 2 |
Enterprise Applications | 2 |
FinTech | 2 |
Food and Agriculture Tech | 2 |
Others | 10 |
Note: We have considered here, only first round of investments
Pinaki Ventures' Investments by Geography
Pinaki Ventures has made most investments in India (6).Pinaki Ventures' recent investments
Pinaki Ventures has not made any investment in 2026 so far.Here are the most recent investments by Pinaki Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 23, 2021 | India | Seed | 5199 | [+2] | |
Jan 16, 2021 | India | Seed | 1708 | [+9] | |
Jan 15, 2021 | India | Seed | 5029 | [+14] | |
Nov 06, 2020 | India | Seed | 9648 | [+10] | |
Nov 02, 2019 | India | Seed | 5864 | [+15] |
Acquired companies in Pinaki Ventures' Portfolio
1 company from Pinaki Ventures' portfolio has been acquired. The most recent acquisition was myHQ in Apr 2022 by ANAROCK for $*****.Here are Pinaki Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 05, 2022 | Nov 02, 2019 | Seed | 8874 |
Co-investors of Pinaki Ventures
Over the past 8 years, 299 investors have co-invested in Pinaki Ventures's portfolio companies. This includes funds and angels.
- Invested before Pinaki Ventures: LetsVenture, Outbox Ventures and 118 others have invested in rounds before Pinaki Ventures. There are 2 companies where LetsVenture has invested before Pinaki Ventures and 1 company where Outbox Ventures has invested before Pinaki Ventures.
- Top Co-investors of Pinaki Ventures: 46 investors entered a company along with Pinaki Ventures. These include investors like India Quotient (1 company).
- Invested after Pinaki Ventures: A total of 133 investors have invested in Pinaki Ventures's portfolio after their investments. Top Investors include Helios Holdings (2 companies) and Syed Zaki Ishrati (2 companies).
