About Nisa Family Trust
Nisa Family Trust is primarily based out of Ahmedabad, India. As of Nov 2026, Nisa Family Trust has invested in 7 companies. It primarily invests in Series A round in India based companies. Its investments are spread across a wide range of sectors from Consumer, Retail. Its latest investment was a $13.3M Series A round in Frido on Nov 28, 2025 along with Orbimed.
Overall, Nisa Family Trust portfolio has seen 2 acquisitions including key companies like Leverage Edu, Agnikul and Frido. A lot of funds co-invest with Nisa Family Trust, with names like Chona Family Office sharing a substantial percentage of its portfolio.
Nisa Family Trust's List of Top Investments
Nisa Family Trust has a portfolio of 7 companies. Their most notable investmentis in FridoTheir portfolio spans across and India. They have invested in Consumer, Retail, Food and Agriculture Tech and 9 other sectors, across stages such as Series A, Series B and 1 more. Here is the list of top investments by Nisa Family Trust:
1. Leverage Edu
Company is an AI-native global talent mobility & upskilling platform, helping students and professionals from emerging markets access education and employment opportunities globally. The company has helped 200,000+ individuals over the last 9 years, channelled over $1 billion in forex, aggregated $500 million in education loans, secured 12,000+ student-housing beds, and hosts over a 1000 companies every year at job fairs for its alumni worldwide. For enterprise partners, Leverage Edu also offers LE AI, an AI product suite spanning coaching, interview readiness and quality compliance. The company has also more recently expanded into workforce mobility through Leverage Careers, and into industry-integrated online programmes and certifications through Leverage Upskilling.
Key facts about Leverage Edu
- Founded Year: 2017
- Location: Noida (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $64.6M
- Employee Count: 928 as on May 01, 2026
- Investors: BlackSoil, Avendus and 146 Others
- Latest Funding Round: Series D, Jun 25, 2026, $*****
- Highlight: Editors' Pick

2. Agnikul
Manufacturer of orbital launch vehicles for micro and nano satellites. Operations include the design and production of propulsion systems, avionics, and flight control software. The business utilizes additive manufacturing techniques to produce engine components. Vehicles are configured to accommodate specific payload requirements for deployment into orbit.
Key facts about Agnikul
- Founded Year: 2017
- Location: Chennai (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $62.2M
- Employee Count: 294 as on May 31, 2026
- Investors: Chiratae Ventures, LionRock Capital and 110 Others
- Latest Funding Round: Series C, Mar 14, 2026, $*****
- Highlight: Editors' Pick

3. Frido
E‑commerce brand selling ergonomic and comfort products. The company's product range include ergonomic footwear (sandals, insoles), memory-foam cushions and sleep pillows, posture supports, and workspace comfort accessories.
Key facts about Frido
- Founded Year: 2015
- Location: Pune (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $36.7M
- Employee Count: 734 as on Mar 31, 2026
- Investors: MGA Ventures, Chona Family Office and 103 Others
- Latest Funding Round: Series A, Nov 28, 2025, $*****
- Highlight: Editors' Pick

4. ShopKirana
Provider of B2B procurement platform for grocery retailers. The company provides a mobile application to manage orders, payment, delivery, and supply chain across the retail networks. It also offers products like home care, cosmetics, footwear, groceries, apparel, fashion accessories, and more.
Key facts about ShopKirana
- Founded Year: 2015
- Location: Indore (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $59.2M
- Employee Count: 379 as on Aug 31, 2025
- Investors: Oman India Joint Investment Fund, Sixth Sense Ventures and 68 Others
- Latest Funding Round: Series C, Mar 27, 2025, $*****
- Highlight: Acquired

5. Gramophone
Provider of technology solutions designed to empower farmers and improve yields. The company offers accessible agronomy intelligence and personalized farm management tools. It facilitates the purchase of agri-input products with home delivery services. Additionally, it provides a digital marketplace for buying and selling crops. The company also offers soil testing services and reports.
Key facts about Gramophone
- Founded Year: 2016
- Location: Indore (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $27.5M
- Employee Count: 13 as on Aug 31, 2025
- Investors: Z3Partners, Chona Family Office and 37 Others
- Latest Funding Round: Series B, Apr 09, 2024, $*****
- Highlight: Acquired
Nisa Family Trust's Year-on-Year Investment Trends
Nisa Family Trust has invested in 7 companies over the last 6 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 2 investments. Its most recent first time investment was in Arcatron Mobility and most recent follow-on round was in Frido.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 2 | 2 |
2024 | 0 | 3 | 3 |
2023 | 3 | 0 | 3 |
2022 | 2 | 0 | 2 |
2021 | 1 | 0 | 1 |
2020 | 1 | 0 | 1 |
Nisa Family Trust's Investments by Stage
Nisa Family Trust has made 3 investments in Series A stage with an average round size of $1.88M, 3 investments in Series B stage with an average round size of $19.6M and 1 investment in Series C stage with an average round size of $45.1M.Stage of entry | No. of Investments |
|---|---|
Series A | 3 |
Series B | 3 |
Series C | 1 |
Note: We have considered here, only first round of investments
Nisa Family Trust's Investments by Sector
Nisa Family Trust has a diverse portfolio, with companies operating in the Consumer, Food and Agriculture Tech, Retail, Aerospace, Maritime and Defense Tech and Consumer Goods. Notably, it has invested in 6 Tech companies, 5 Consumer (B2C) companies, 4 Enterprise (B2B) companies and at least 2 companies focusing on Marketplace.Sector | No. of Investments |
|---|---|
Consumer | 3 |
Food and Agriculture Tech | 2 |
Retail | 2 |
Aerospace, Maritime and Defense Tech | 1 |
Consumer Goods | 1 |
Others | 9 |
Note: We have considered here, only first round of investments
Nisa Family Trust's Investments by Geography
Nisa Family Trust has made most investments in India (7).Nisa Family Trust's recent investments
Nisa Family Trust has not made any investment in 2026 so far.Here are the most recent investments by Nisa Family Trust:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 28, 2025 | India | Series A | 6317 | ||
Mar 21, 2025 | India | Series A | 7491 | [+3] | |
Aug 29, 2024 | India | Series A | 2021 | [+2] | |
Feb 15, 2024 | India | Series A | 1447 | [+7] | |
Feb 15, 2024 | India | Series A | 5874 | [+7] |
Acquired companies in Nisa Family Trust's Portfolio
2 companies from Nisa Family Trust's portfolio have been acquired. The most recent acquisition was Gramophone in Jan 2026 by Unnati for $*****.Here are Nisa Family Trust's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 04, 2026 | Apr 20, 2021 | Series B | 4244 | |
Jul 18, 2025 | Jan 15, 2022 | Series C | 6925 |
Co-investors of Nisa Family Trust
Over the past 6 years, 486 investors have co-invested in Nisa Family Trust's portfolio companies. This includes funds and angels.
- Invested before Nisa Family Trust: Trifecta Capital, Gopal Kumar Agrawal and 305 others have invested in rounds before Nisa Family Trust. There are 2 companies where Trifecta Capital has invested before Nisa Family Trust and 2 companies where Gopal Kumar Agrawal has invested before Nisa Family Trust.
- Top Co-investors of Nisa Family Trust: 122 investors entered a company along with Nisa Family Trust. These include investors like Chona Family Office (6 companies).
- Invested after Nisa Family Trust: A total of 57 investors have invested in Nisa Family Trust's portfolio after their investments. Top Investors include Orbimed (2 companies) and Ganesh Sharad Sonawane (2 companies).
