About Florintree
Florintree is a private equity firm founded in 2010. It is primarily based in Mumbai, India. As of Oct 2026, Florintree has a portfolio of 22 companies, comprising 22 funding rounds and 2 acquisitions. The firm primarily invests in companies based in India. Its portfolio is spread across a wide range of sectors from High Tech to Consumer. Its latest investment was a $***** Series D round in Tonbo Imaging on Apr 03, 2025 which also saw participation from Exim Bank and Tenacity Ventures.
A lot of funds co-invest with Florintree, with names like Elizabeth Mathew sharing a substantial percentage of its portfolio.
Florintree has a team of 26 people, including 10 partners.
Key Metrics
Founded Year
2010
Location
Mumbai, India
Portfolio Companies
Portfolio Locations
Acquisition Deals
Investment Deals
Florintree's Portfolio
Florintree has a portfolio of 22 companies. They have invested in a total of 22 companies. Their most recent investment was in Tonbo Imaging (Series D round) on Apr 03, 2025. Here are the most recent investments by Florintree:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Apr 03, 2025 | Series D | 9260 | ||
Jul 22, 2024 | Series A | 6481 | and 3 others | |
Mar 11, 2024 | Series C | 7192 | ||
Sep 14, 2023 | Series B | 9023 | - |
Florintree has acquired 2 companies. Their most recent acquisition was of Accutest Global on Oct 07, 2022. Here are the most recent acquisitions by Florintree:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Oct 07, 2022 | CRO offering clinical studies | - | 1998 | |
Jul 15, 2022 | Manufacturer of equipment for nuclear power, aerospace, and medical sectors | - | 1985 |
Here is the portfolio snapshot of Florintree:
Investments by Year
The maximum number of investments were made in 2022
Acquisitions by Year
The maximum number of acquisitions were made in 2022
Portfolio by Location
Companies are primarily in India
Portfolio by Sector
Companies are primarily in High Tech
Team profile of Florintree
Florintree has a team of 26 members including 10 Partners and 3 Principals located in India. Florintree's team sits on the board of 4 companies.Here is a list of top team members in Florintree:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | India | Fino Paytech, ideaForge and 7 more | ||
Partner | Mumbai | |||
Partner | Mumbai | - | ||
Partner | Chennai | - | ||
Partner | Mumbai | - | - | |
Partner | Mumbai | - | ||
Partner | Bengaluru | - | - | |
Partner | Mumbai | - | - | |
Partner | - | - | ||
Principal | - |
Co-investors of Florintree
Over the past 16 years, 85 investors have co-invested in Florintree's portfolio companies.
- Top Co-investors of Florintree: 85 investors entered a company along with Florintree. These include investors like Elizabeth Mathew (3 companies).
Florintree News
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IPO-bound Tonbo Imaging raises ₹175 cr in series D funding roundFortune India•Apr 03, 2025•Tonbo Imaging, Exim Bank, Celesta Capital, Artiman and 8 others
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BlackSoil NBFC Secures INR 100 Cr To Boost Its Credit Playbookhtsyndication.com•Mar 11, 2024•BlackSoil, Allcargo Logistics, mahaviragency.com, Navneet Publications and 7 others
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IndoStar Capital Finance Ltd to raise over INR 450 crore by preferential allotment of warrantsequitybulls.com•Feb 27, 2024•Indostar Capital Finance, Brookfield Asset Management, Florintree
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Florintree backs video computing platform VideoneticsVCCircle•Sep 15, 2023•Florintree, Videonetics, GenNext Hub
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Harsha Bhogle-Backed Fantasy Akhada Raises USD 11 Million To Launch New BrandEnablers•Mar 10, 2023•Fantasy Akhada, GMR Group, Super Six Sports, Florintree and 2 others
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Mathew Cyriac's Florintree bets on fantasy sports startupVCCircle•Mar 10, 2023•Blackstone, Florintree
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Florintree Advisors buys stake in CybrillaMint•Dec 21, 2022•Cybrilla, Florintree, Blackstone, White Oak
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Footwear brand Plaeto raises funds from Florintree, othersMint•Jul 17, 2022•Plaeto, Florintree, Blackstone
