When was Piper Serica founded?

Piper Serica was founded in 2003.

Where is Piper Serica's headquarters located?

Piper Serica's headquarters is located in Mumbai (India).

How big is Piper Serica's investment team?

Piper Serica has a team of 15, including 3 partners.

How many companies has Piper Serica invested in?

Piper Serica has invested in 20 companies, including Alt Mobility & Zippee.

Which companies has Piper Serica invested in lately?

Astrogate Labs & Pantherun are the latest investments by Piper Serica.

What sectors does Piper Serica focus on for investments?

Top sectors in Piper Serica's portfolio are Enterprise Applications (10 investments) and High Tech (3 investments).

Piper Serica - 2026 Investor Profile, Portfolio, Team & Investment Trends

1. Alt Mobility

Provider of electric vehicle leasing and lifecycle management solutions. The company delivers vehicle selection, leasing, service, and repairs. Real-time fleet monitoring, charging, and hubs are also provided. It offers financing options for vehicle leasing. Support for service, repair, warranty, and insurance claims is available.

Key facts about Alt Mobility

Founded Year: 2020
Location: Delhi (India)
Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series A
Total Funding till date: $17.3M
Employee Count: 118 as on Jul 31, 2026
Investors: Shell, Trifecta Capital and 18 Others
Latest Funding Round: Series A, Mar 28, 2025, $*****
Highlight: Editors' Pick

2. Zippee

Network of fulfillment centers providing rapid delivery for consumer brands. This infrastructure enables businesses to manage inventory and execute order processing through integrated software systems. The service facilitates the storage of goods in decentralized facilities to support accelerated shipping timelines for online orders. Operations include inventory management, order picking, and packing services to coordinate the movement of products from storage to the final destination.

Key facts about Zippee

Founded Year: 2021
Location: Gurugram (India)
Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Seed
Total Funding till date: $10.7M
Employee Count: 83 as on May 01, 2026
Investors: LetsVenture, Piper Serica and 140 Others
Latest Funding Round: Seed, Sep 04, 2025, $*****
Highlight: Editors' Pick

3. Floworks

Cloud-based RPA platform for basic automation. The platform enables online businesses to track, analyze and automate operations running over WhatsApp. It offers AI assistants for the sales team. It enables clients to manage all their customer and vendor processes like payments, orders, and logistics. It helps with collaboration among teams and stakeholders. It enables clients to automate conversations in various languages through the B2B chatbot.

Key facts about Floworks

Founded Year: 2021
Location: Lewes (United States)
Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Seed
Total Funding till date: $1.55M
Employee Count: 58 as on Jul 31, 2026
Investors: LetsVenture, Venture Catalysts and 18 Others
Latest Funding Round: Seed, Jun 02, 2023, $*****

4. Six Sense Mobility

End-to-End fleet management solutions for fleet operators. The company's modular IoT devices enhance connected car security and smart mobility through real-time location tracking and precision accuracy.

Key facts about Six Sense Mobility

Founded Year: 2020
Location: Delhi (India)
Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Seed
Total Funding till date: $5.67M
Employee Count: 19 as on Jan 31, 2025
Investors: Piper Serica, Piper Serica and 8 Others
Latest Funding Round: Seed, Feb 13, 2026, $*****
Highlight: Editors' Pick

5. Pantherun

Provider of cybersecurity, encryption, data protection, and industrial communication solutions. The company offers encryption technology, data protection, Ethernet switches, and IOT products. Their encryption solutions cater to data at rest, in transit, and in use. They provide switches for industrial controls, railways, surveillance, security, and smart cities. The company's IOT and RTU products are tailored for industrial communications, drones, surveillance, and controls.

Key facts about Pantherun

Founded Year: 2019
Location: Bengaluru (India)
Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series A
Total Funding till date: $19.9M
Employee Count: 51 as on Jul 31, 2026
Investors: SIDBI Venture Capital, F2A and 39 Others
Latest Funding Round: Series A, Aug 20, 2025, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Piper Serica has invested in 20 companies over the last 4 years, with an average of 4 new investments annually in the last 3 years. In 2025, it made 2 investments. Its most recent first time investment was in Astrogate Labs and most recent follow-on round was in Pantherun.

Here are Piper Serica's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	1	1	2
2024	9	0	9
2023	5	1	6
2022	1	0	1

View all investments by Piper Serica

Piper Serica has made 13 investments in Seed stage with an average round size of $1.56M and 3 investments in Series A stage with an average round size of $3.42M.

Here are Piper Serica's investments by stage:

Stage of entry	No. of Investments
Seed	13
Series A	3

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

View all investments by Piper Serica

Piper Serica has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Enterprise Infrastructure and Financial Services. Notably, it has invested in 19 Tech companies, 15 Enterprise (B2B) companies, 11 Software companies and at least 7 companies focusing on Consumer (B2C).

Here are Piper Serica's investments by sector:

Sector	No. of Investments
Enterprise Applications	8
Consumer	4
FinTech	4
Enterprise Infrastructure	3
Financial Services	3
Others	23

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

View all investments by Piper Serica

Piper Serica has made most investments in India (15), followed by Lithuania where it has made 1 investment.

Here are Piper Serica's investments by geography:

Country	No. of Investments
India	15
Lithuania	1
United States	1

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

View all investments by Piper Serica

Piper Serica has not made any investment in 2026 so far.

Here are the most recent investments by Piper Serica:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Feb 03, 2025	Astrogate Labs	India	Seed	2930	-
Jan 06, 2025	Pantherun	India	Seed	5141	ThinKuvate [+5]
Dec 28, 2024	Rupeeflo	India	Seed	2952	Ravi Shankar [+6]
Sep 30, 2024	Swara Fincare	India	Series A	4764	UC Impower
Sep 16, 2024	DesignX	India	Seed	9383	PPAP [+4]

See more recent investments made by Piper Serica

Piper Serica has a team of 15 members including 3 Partners and 4 Principals located in India. Piper Serica's team does not sit on the board of any company as of now.

Here is a list of top team members in Piper Serica:

Name	Designation	Location	Board Memberships	Contact Details
Abhay Agarwal	Partner	India	Piper Serica	1 Email
Ajay Modi	Partner	Mumbai	-	-
Rajni Agarwal	Partner	Mumbai	-	1 Email
Shubham Kumbhar	Principal	-	-	-
Akshay Kadam	Principal	-	-	-
Anuja Mohare	Principal	-	-	-
Rahul Chaudhari	Principal	-	-	-

View team details of Piper Serica

Over the past 4 years, 536 investors have co-invested in Piper Serica's portfolio companies. This includes funds and angels.

Invested before Piper Serica: LetsVenture, Angel List and 399 others have invested in rounds before Piper Serica. There are 3 companies where LetsVenture has invested before Piper Serica and 3 companies where Angel List has invested before Piper Serica.
Top Co-investors of Piper Serica: 78 investors entered a company along with Piper Serica. These include investors like LetsVenture (2 companies).
Invested after Piper Serica: A total of 57 investors have invested in Piper Serica's portfolio after their investments. Top Investors include Piper Serica (3 companies) and ThinKuvate (2 companies).