About TCA
TCA, established in 2007, is an angel investment group based in Chennai, India. It primarily focuses on Seed investments in companies in India. Its portfolio includes 115 firms, spanning the Enterprise Applications, Retail sectors. Its most notable investments include companies like Purplle, STAGE and Kreedo Early Childhood Solutions. As of Nov 2026, TCA has 1 unicorn under its belt and has witnessed 8 portfolio exits. Its latest investment was a Undisclosed Seed round in Konwert India Motors on Oct 23, 2026, which also saw participation from Campus Angels Network and Keiretsu Forum.
To date, 1,385 investors have co-invested in TCA's portfolio companies, including prominent names like Lakshminarayanan Subramanian.
TCA's List of Top Investments
TCA has a portfolio of 115 companies, one of which is a Unicorn. Their most notable investments are in Polka Pop and TurboHire.Their portfolio spans across India, United States, China and 1 more locations. They have invested in Enterprise Applications, Retail, Consumer and 26 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by TCA:1. Purplle
Retailer of beauty and cosmetic products. This omnichannel platform offers a wide range of beauty and grooming items, including makeup, skincare, hair care, and fragrance products. The company provides a personalized shopping experience by recommending items based on individual preferences and purchase behavior. It operates both online and through physical retail outlets to provide a comprehensive selection of beauty solutions. PF = Yes
Key facts about Purplle
- Founded Year: 2012
- Location: Mumbai (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $560M
- Employee Count: 973 as on Jul 31, 2025
- Investors: ADIA, Goldman Sachs and 108 Others
- Latest Funding Round: Series F, Jun 27, 2024, $*****
- Highlight: Editors' Pick
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2. STAGE
Provider of Indian movies, web series and originals. It offers a variety of content in different languages such as Haryanvi, Rajasthani, Bhojpuri, and Gujarati. The platform provides access to a wide selection of movies and shows across genres like drama, romance, thriller, and comedy.
Key facts about STAGE
- Founded Year: 2019
- Location: Delhi (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $23.7M
- Employee Count: 109 as on Aug 31, 2025
- Investors: GrowthStory, NB Ventures and 203 Others
- Latest Funding Round: Series B, Dec 13, 2024, $*****
- Highlight: Editors' Pick
Provider of non-franchise preschool and school solutions. It offers an academic partnership, assisting schools in setup and operation. This includes a play-based learning framework, comprehensive support such as branding, marketing, training, assessments, and technology solutions. The curriculum aligns with national education policies, focusing on literacy, numeracy, and socio-emotional development. Support extends to teacher training and mentoring. The company also provides educational materials and learning resources.
Key facts about Kreedo Early Childhood Solutions
- Founded Year: 2012
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $6.3M
- Employee Count: 434 as on Aug 31, 2025
- Investors: UBS, OCTAVE Capital and 10 Others
- Latest Funding Round: Conventional Debt, Dec 10, 2024, $*****
- Highlight: Editors' Pick
Developer of integrated renewable energy solutions including solar, wind, and battery storage systems. The company provides clean energy transition services for commercial and industrial sectors, facilitating the adoption of sustainable power through rooftop, ground-mount, and carport solar installations, as well as open access wind and solar hybrid projects. It focuses on delivering reliable, round-the-clock clean energy to support decarbonization goals for various industries.
Key facts about Fourth Partner Energy
- Founded Year: 2010
- Location: Hyderabad (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $531M
- Employee Count: 463 as on Jul 31, 2025
- Investors: Triodos Investment Management, The Rise Fund and 37 Others
- Latest Funding Round: Conventional Debt, Nov 03, 2025, $*****
Manufacturer of healthy toxin-free cookware and kitchen utensils. The company produces a variety of cooking equipment including cast iron, stainless steel, and sheet iron items. Product offerings include pressure cookers, frying pans, kadai, tawa, and various kitchen accessories. The manufacturing process focuses on creating durable and safe cooking tools for daily use. The company also provides wooden kitchen tools and serving utensils.
Key facts about The Indus Valley
- Founded Year: 2016
- Location: Chennai (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $25.2M
- Employee Count: 186 as on Sep 30, 2026
- Investors: Acsys Investments, Lead Angels and 78 Others
- Latest Funding Round: Series B, Jun 29, 2026, $*****
- Highlight: Editors' Pick
TCA's Year-on-Year Investment Trends
TCA has invested in 115 companies over the last 16 years, with an average of 7 new investments annually in the last 10 years. In 2025, it made 13 investments, while as of Oct 2026, it has made 9 investments in this year. Its most recent first time investment was in Konwert India Motors and most recent follow-on round was in The Indus Valley.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 3 | 9 |
2025 | 8 | 5 | 13 |
2024 | 6 | 2 | 8 |
2023 | 6 | 2 | 8 |
2022 | 18 | 2 | 20 |
2021 | 8 | 4 | 12 |
2020 | 7 | 0 | 7 |
2019 | 3 | 0 | 3 |
2018 | 3 | 0 | 3 |
2017 | 4 | 0 | 4 |
TCA's Investments by Stage
TCA has made 89 investments in Seed stage with an average round size of $780K, 6 investments in Series A stage with an average round size of $1.03M and 2 investments in Angel stage with an average round size of $464K.Stage of entry | No. of Investments |
|---|---|
Seed | 89 |
Series A | 6 |
Angel | 2 |
Note: We have considered here, only first round of investments
TCA's Investments by Sector
TCA has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, Consumer Goods and High Tech. Notably, it has invested in 96 Tech companies, 70 Consumer (B2C) companies, 54 Enterprise (B2B) companies and at least 37 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 36 |
Retail | 27 |
Enterprise Applications | 26 |
Consumer Goods | 20 |
High Tech | 18 |
Others | 112 |
Note: We have considered here, only first round of investments
TCA's Investments by Geography
TCA has made most investments in India (90), followed by United States where it has made 5 investments.Country | No. of Investments |
|---|---|
India | 90 |
United States | 5 |
China | 1 |
Singapore | 1 |
Note: We have considered here, only first round of investments
TCA's recent investments
TCA has made 9 investments in 2026 so far. Konwert India Motors and The Betel Leaf are the latest among them.Here are the most recent investments by TCA:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 23, 2026 | India | Seed | 2292 | ||
2026 | India | Seed | 3836 | - | |
Aug 10, 2026 | India | Seed | 6874 | [+1] | |
Jun 29, 2026 | India | Series B | 1909 | [+2] | |
Apr 13, 2026 | India | Seed | 8845 | [+2] |
Unicorns in TCA's Portfolio
TCA has 1 unicorn in its portfolio - Purplle. The most recent unicorn in their portfolio is Purplle which became a unicorn in 2022, 8 years after TCA first invested in it.Here is a list of unicorns in TCA's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
85 | Retailer of beauty and cosmetic products | 2012 | Mumbai | Series F | ihziyxa |
IPOs and Publicly Listed companies in TCA's Portfolio
1 of TCA's portfolio company became public - FinanceBuddha. It got listed on the National Stock Exchange (NSE), in Nov 2025 at marketcap of $30.5MHere are TCA's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 13, 2025 | Feb 20, 2016 | Seed | 2772 |
Acquired companies in TCA's Portfolio
7 companies from TCA's portfolio have been acquired. The most recent acquisition was Polka Pop in Sep 2026 by Cavinkare for $*****.Here are TCA's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 25, 2026 | Jan 07, 2025 | Seed | 8341 | |
Jun 29, 2021 | - | - | 1275 | |
Jun 18, 2021 | Jan 21, 2016 | Seed | 5312 | |
Aug 07, 2020 | Nov 07, 2014 | Series A | 7725 | |
Aug 26, 2019 | May 18, 2015 | Seed | 2938 |
Team profile of TCA
TCA has a team of 27 members including 14 Partners located in India, United Kingdom and 3 more locations. TCA's team sits on the board of 7 companies.Here is a list of top team members in TCA:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | ||
Partner | India | - | ||
Partner | India | - | ||
Partner | Chennai | - | ||
Partner | Chennai | Yubi, IIT Madras and 5 more | ||
Partner | London | - | ||
Partner | India | Olympia Group, Khivraj Tech Park and 1 more | ||
Partner | Chennai | - | ||
Partner | Dublin | - | ||
Partner | Chennai | - | - | |
Partner | Irvine | - |
Co-investors of TCA
Over the past 16 years, 3640 investors have co-invested in TCA's portfolio companies. This includes funds and angels.
- Invested before TCA: Inflection Point Ventures, Aeroflex Enterprises and 1170 others have invested in rounds before TCA. There are 6 companies where Inflection Point Ventures has invested before TCA and 5 companies where Aeroflex Enterprises has invested before TCA.
- Top Co-investors of TCA: 1385 investors entered a company along with TCA. These include investors like Lakshminarayanan Subramanian (17 companies).
- Invested after TCA: A total of 1083 investors have invested in TCA's portfolio after their investments. Top Investors include Sameer Mehta (6 companies) and Pearltri Business Services (6 companies).
Recent News related to TCA
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Gaja Capital Leads $17 Million Series B Funding for Cookware Firm The Indus ValleyVCCircle•Jun 30, 2026•Gaja Capital, The Indus Valley, TCA, DSG Consumer Partners and 1 other
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ECOIL raises $2.5 Mn in Series A led by Fundalogical VenturesEntrackr•Apr 07, 2026•Fundalogical Ventures, Ecoil, Momentum Capital, TCA and 1 other
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Hoopr Valuation Hits ₹160 Cr Following The Chennai Angels’ EntryBusiness Outreach•Feb 21, 2026•Hoopr, TCA, Ministry of Electronics & Information Technology, Inflection Point Ventures
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Full-stack re-commerce company Grest raises 16 Cr led by Equentis WealthEntrackr•Jan 21, 2026•Lead Invest, Equentis Wealth Advisory Services, Grest, 8i Ventures and 4 others
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BatteryPool raises ₹8 Cr in Pre-Series A round led by Inflection Point VenturesCXOtoday•Nov 27, 2025•Inflection Point Ventures, BatteryPool, IAN Group, TCA and 3 others
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Electronics re-commerce startup Grest raises Rs 16 Cr led by EquentisStartupNews•Sep 23, 2025•Equentis Wealth Advisory Services, Grest, TCA
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The Chennai Angels Funds Leanworx in INR 8 Cr Round Led by YourNest CapitalLokmat•Sep 16, 2025•TCA, YourNest
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IAN Angel Fund leads Rs 4 Cr in Seed round in FamyoEntrackr•Aug 19, 2025•Famyo, IAN Group, TCA, Indian Angel Network Fund
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MangoPoint raises $1 Mn in pre-Series A round led by IPVEntrackr•Aug 07, 2025•MangoPoint, Inflection Point Ventures, IAN Group, TCA and 8 others
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