About Claypond Capital
Claypond Capital is a family office founded in 2023. It is primarily based out of Bengaluru, India. As of Nov 2026, Claypond Capital is an active investor, having invested in 15 companies, with 4 new investments in the last 12 months. It primarily invests in Seed round in India based companies. Its investments are spread across a wide range of sectors from High Tech, Enterprise Applications. Its latest investment was a $40M Series B round in Flam on Sep 14, 2026, which also saw participation from QED Investors and RTP Global.
Overall, Claypond Capital portfolio has seen 2 unicorns including key companies like Zepto, Akasa Air and Emergent. A lot of funds co-invest with Claypond Capital, with names like Singularity AMC sharing a substantial percentage of its portfolio.
Claypond Capital's List of Top Investments
Claypond Capital has a portfolio of 15 companies, including 2 unicorns. Their most notable investments are in August AI and Emergent.Their portfolio spans across India and United States. They have invested in High Tech, Enterprise Applications, Consumer and 17 other sectors, across stages such as Series B, Seed and 4 more. Here is the list of top investments by Claypond Capital:1. Zepto
Retailer of groceries fresh produce household items and personal care. It delivers groceries, fresh produce, personal care items, electronics, and more to customers in minutes through a network of dark stores. Customers select items through an application for fulfillment and delivery. The operation manages a supply chain to distribute consumer goods directly to households.
Key facts about Zepto
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $2.29B
- Employee Count: 47,173 as on May 31, 2026
- Investors: Glade Brook Capital, Nexus Venture Partners and 190 Others
- Latest Funding Round: Series H, Oct 16, 2025, $*****
- Highlight: Editors' Pick

2. Akasa Air
Provider of commercial passenger air transport services on scheduled routes. Operations include domestic and international flight services for passengers across various regional hubs. The service facilitates air travel through an established network of routes and aircraft. Additional services include baggage handling, cargo transport, and in-flight catering options.
Key facts about Akasa Air

3. Emergent
Developer of platforms that build full-stack applications using AI. The system transforms natural language prompts into production-ready software through a coordinated team of specialized agents. These virtual specialists manage the architecture, database design, backend infrastructure, and frontend development. The platform automates testing and deployment, providing users with functional applications and full ownership of the resulting codebase via source control integration.
Key facts about Emergent
- Founded Year: 2024
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $230M
- Employee Count: 410 as on Sep 30, 2026
- Investors: SoftBank Vision Fund, Prosus and 13 Others
- Latest Funding Round: Series C, Jul 15, 2026, $*****
- Highlight: Editors' Pick

4. HomeLane
Provider of end-to-end interior design and home decor solutions. The company offers comprehensive services for residential spaces, including modular kitchens, wardrobes, storage units, and space-saving furniture. It manages the entire interior design process from initial consultation and 3D visualization to procurement, manufacturing, and final installation. The service includes custom design planning, material selection, and project execution to create functional and aesthetic living environments.
Key facts about HomeLane
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $202M
- Employee Count: 1,958 as on Mar 01, 2026
- Investors: WestBridge Capital, Oman India Joint Investment Fund and 85 Others
- Latest Funding Round: Series F, Feb 10, 2026, $*****
- Highlight: Editors' Pick

5. Rideriver
Manufacturer of electric scooters designed for personal and professional use. These vehicles provide transportation for individuals and support various work-related tasks. The product line includes accessories and maintenance support through service centers. Owners access vehicle information and management tools through a mobile application. The business provides warranty coverage and roadside assistance for its products.
Key facts about Rideriver
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $174M
- Employee Count: 396 as on Apr 30, 2025
- Investors: HDFC Mutual Fund, 360 One and 20 Others
- Latest Funding Round: Series C, Aug 05, 2026, $*****
- Highlight: Editors' Pick
Claypond Capital's Year-on-Year Investment Trends
In 2025, it made 7 investments, while as of Sep 2026, it has made 5 investments in this year. Its most recent first time investment was in Flam and most recent follow-on round was in Easy Home Finance.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 1 | 5 |
2025 | 6 | 1 | 7 |
2024 | 5 | 0 | 5 |
Claypond Capital's Investments by Stage
Claypond Capital has made 4 investments in Series B stage with an average round size of $55.7M, 3 investments in Seed stage with an average round size of $3.39M and 3 investments in Series A stage with an average round size of $4.87M.Stage of entry | No. of Investments |
|---|---|
Series B | 4 |
Seed | 3 |
Series A | 3 |
Series C | 3 |
Series F | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Claypond Capital's Investments by Sector
Claypond Capital has a diverse portfolio, with companies operating in the High Tech, Consumer, Enterprise Applications, Real Estate and Construction Tech and FinTech. Notably, it has invested in 13 Tech companies, 12 Consumer (B2C) companies, 6 Software companies and at least 5 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
High Tech | 5 |
Consumer | 4 |
Enterprise Applications | 4 |
Real Estate and Construction Tech | 3 |
FinTech | 2 |
Others | 22 |
Note: We have considered here, only first round of investments
Claypond Capital's Investments by Geography
Claypond Capital has made most investments in India (14), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
India | 14 |
United States | 2 |
Note: We have considered here, only first round of investments
Claypond Capital's recent investments
Claypond Capital has made 5 investments in 2026 so far. Flam and Benne are the latest among them.Here are the most recent investments by Claypond Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 14, 2026 | United States | Series B | 2764 | [+7] | |
Aug 07, 2026 | India | Seed | 2280 | [+3] | |
Aug 05, 2026 | India | Series C | 6364 | [+12] | |
Jul 15, 2026 | United States | Series C | 1836 | [+6] | |
Jan 16, 2026 | India | Series C | 2421 | [+9] |
Unicorns in Claypond Capital's Portfolio
Claypond Capital has 2 unicorns in its portfolio - Emergent and Zepto. The most recent unicorn in their portfolio is Emergent. It became a unicorn in 2026.Here is a list of unicorns in Claypond Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
74 | Developer of platforms that build full-stack applications using AI | 2024 | San Francisco | Series C | mtwv{nd | ||
84 | Retailer of groceries fresh produce household items and personal care | 2021 | Bengaluru | Series H | prpdfrt |
Co-investors of Claypond Capital
Over the past 2 years, 535 investors have co-invested in Claypond Capital's portfolio companies. This includes funds and angels.
- Invested before Claypond Capital: Alteria Capital, Manipal Group and 283 others have invested in rounds before Claypond Capital. There are 3 companies where Alteria Capital has invested before Claypond Capital and 3 companies where Manipal Group has invested before Claypond Capital.
- Top Co-investors of Claypond Capital: 225 investors entered a company along with Claypond Capital. These include investors like Singularity AMC (2 companies).
- Invested after Claypond Capital: A total of 25 investors have invested in Claypond Capital's portfolio after their investments. Top Investors include CalPERS (1 company) and Azo4 (1 company).
Recent News related to Claypond Capital
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Akasa Air onboards Premji Invest, Claypond Capital, 360 ONE Asset, as new investorsIndiatimes•Feb 06, 2025•Akasa Air, Premji Invest, Claypond Capital, 360 One
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Fintech startup GrayQuest raises Rs 80 crore from IIFL Fintech Fund, Ranjan Pai's Claypond CapitalIndiatimes•Jan 09, 2025•Claypond Capital, GrayQuest, IIFL Finance
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Ranjan Pai's Claypond Capital hires Shravan Subramanyam to lead medical tech platformYourStory•Jan 03, 2025•GE HealthCare, Claypond Capital, GE HealthCare
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Ranjan Pai’s family office Claypond creating medtech platform, beefs up top deckVCCircle•Jan 02, 2025•Claypond Capital
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Akasa Air in Talks to Raise ~ $125 Mn from Consortium that includes Premji Invest, Family Offices of Azim Premji and Ranjan PaiIndianWeb2•Aug 23, 2024•Akasa Air, Premji Invest, Claypond Capital
