About 12 Flags Group
12 Flags Group is a venture capital firm founded in 2023. It is primarily based out of Bengaluru, India. As of Jul 2026, 12 Flags Group is an active investor, having invested in 8 companies, with 5 new investments in the last 12 months. It primarily invests in Series A round in India based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and Food and Agriculture Tech. Most recently it participated in the $***** Series A round of Sumosave A lot of funds co-invest with 12 Flags Group, with names like Enzia Ventures sharing a substantial percentage of its portfolio. 12 Flags Group has team of 8 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Series A, Seed & 1 more
Portfolio Soonicorns
Deals in last 12 months
12 Flags Group's List of Top Investments
12 Flags Group has a portfolio of 8 companies. Their most notable investments are in FES Cafe and Beyond Snacks.Their portfolio spans across India and United Kingdom. They have invested in Retail, Consumer, Food and Agriculture Tech and 3 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by 12 Flags Group:
Retailer of freshly roasted coffee beans. The company introduces customers to the estates it directly buys coffee from, roasts the beans, and makes coffee accessible through its cafes and website. It researches, tests and implements practices throughout its business. The company has created coffee training centres to impart procedures and ensure consistent quality.
Key facts about Blue Tokai Coffee Roasters
- Founded Year: 2013
- Location: Gurugram (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $113M
- Employee Count: 2,872 as on Aug 31, 2025
- Investors: HDFC Mutual Fund, Verlinvest and 75 Others
- Latest Funding Round: Series C, Jun 23, 2026, $*****
- Highlight: Editors' Pick
2. Codeyoung
Provider of live online classes for kids. It delivers interactive, personalized learning experiences through a curriculum spanning math, English, science, robotics, and financial literacy. The platform uses technology to support mentors and adapt learning to individual needs. It also provides progress tracking for parents.
Key facts about Codeyoung
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $3.75M
- Employee Count: 209 as on Aug 31, 2025
- Investors: Enzia Ventures, Leaders For India Organization and 9 Others
- Latest Funding Round: Series A, Nov 14, 2025, $*****
- Highlight: Editors' Pick
3. Inde Wild
Retailer of ayurvedic skincare and hair care products. The company offers a collection of beauty items formulated with nourishing oils and botanical ingredients. Product offerings include serums, hair oils, scalp treatments, and lip care items designed to support skin and hair health. These products combine traditional rituals with modern chemistry to provide topical solutions for various beauty needs.
Key facts about Inde Wild
- Founded Year: 2021
- Location: Mumbai (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $8M
- Employee Count: 46 as on Apr 30, 2026
- Investors: SoGal Ventures, Necessary Ventures and 4 Others
- Latest Funding Round: Seed, Feb 2026, $*****
- Highlight: Editors' Pick
Internet first brand offering banana chips. The product catalog includes various flavors of chips such as salted, pepper, cream, pepper, onion, and more. The company claims chips are free from trans fat, unsaturated fats, and cholesterol.
Key facts about Beyond Snacks
- Founded Year: 2018
- Location: Alappuzha (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $14.9M
- Employee Count: 70 as on Aug 31, 2025
- Investors: Faad Capital, Enrission India Capital and 78 Others
- Latest Funding Round: Series A, Mar 24, 2026, $*****
- Highlight: Editors' Pick
5. KNOT
Online platform offering fashion delivery and try-before-you-buy services. The platform offers trendy, same-day fashion delivery in select cities, enabling customers to try before they buy and receive outfits at the doorstep.
Key facts about KNOT
- Founded Year: 2022
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $10.1M
- Employee Count: 87 as on Jun 30, 2026
- Investors: Blume Venture, Titan Capital and 48 Others
- Latest Funding Round: Series A, Dec 10, 2025, $*****
- Highlight: Editors' Pick
12 Flags Group's Year-on-Year Investment Trends
In 2025, it made 5 investments, while as of Jul 2026, it has made 3 investments in this year. Its most recent first time investment was in Sumosave and most recent follow-on round was in Beyond Snacks.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 1 | 3 |
2025 | 4 | 1 | 5 |
2024 | 2 | 1 | 3 |
12 Flags Group's Investments by Stage
12 Flags Group has made 5 investments in Series A stage with an average round size of $5.21M, 2 investments in Seed stage with an average round size of $1M and 1 investment in Series B stage.Stage of entry | No. of Investments |
|---|---|
Series A | 5 |
Seed | 2 |
Series B | 1 |
Note: We have considered here, only first round of investments
12 Flags Group's Investments by Sector
12 Flags Group has a diverse portfolio, with companies operating in the Consumer, Retail, Consumer Goods, Food and Agriculture and Food and Agriculture Tech. Notably, it has invested in 8 Consumer (B2C) companies, 6 Tech companies, 1 Social impact company and 1 company focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 6 |
Retail | 6 |
Consumer Goods | 4 |
Food and Agriculture | 3 |
Food and Agriculture Tech | 2 |
Others | 1 |
Note: We have considered here, only first round of investments
12 Flags Group's Investments by Geography
12 Flags Group has made most investments in India (8), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 8 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
12 Flags Group's recent investments
12 Flags Group has made 3 investments in 2026 so far. Sumosave and Beyond Snacks are the latest among them.Here are the most recent investments by 12 Flags Group:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 13, 2026 | India | Series A | 5678 | - | |
Mar 24, 2026 | India | Series A | 4485 | ||
Feb 2026 | India | Seed | 2347 | - | |
Dec 10, 2025 | India | Series A | 3406 | [+2] | |
Nov 14, 2025 | India | Series A | 6101 |
Team profile of 12 Flags Group
12 Flags Group has a team of 8 members including 2 Partners and 2 Principals located in India, France and 1 more location. 12 Flags Group's team does not sit on the board of any company as of now.Here is a list of all team members in 12 Flags Group:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Bengaluru | - | ||
Partner | - | - | ||
Principal | Villejuif | - | - | |
Principal | Indianapolis | - | - |
Co-investors of 12 Flags Group
Over the past 2 years, 253 investors have co-invested in 12 Flags Group's portfolio companies. This includes funds and angels.
- Invested before 12 Flags Group: Angel List, Z Nation Lab and 236 others have invested in rounds before 12 Flags Group. There are 3 companies where Angel List has invested before 12 Flags Group and 2 companies where Z Nation Lab has invested before 12 Flags Group.
- Top Co-investors of 12 Flags Group: 7 investors entered a company along with 12 Flags Group. These include investors like Enzia Ventures (1 company).
- Invested after 12 Flags Group: A total of 8 investors have invested in 12 Flags Group's portfolio after their investments. Top Investors include Verlinvest (1 company), Shivam Shahi (1 company) and HDFC Mutual Fund (1 company).
Recent News related to 12 Flags Group
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Wippi Raises $1.2M in Seed FundingFinSMEs•Aug 13, 2026•Ventana Ventures, Warmup Ventures, Ruvento Ventures, 12 Flags Group
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KNOT raises $5 Mn to scale 60 min delivery platform, led by 12 Flags.Entrackr•Dec 10, 2025•Kae Capital, Boundless Ventures, KNOT, 12 Flags Group and 1 other
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Codeyoung Bags $5 Mn To Expand Presence In Overseas MarketsStartupNews•Nov 14, 2025•12 Flags Group, Codeyoung, Enzia Ventures
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Blue Tokai Secures $25 Mn to Expand into Dubai and Japan MarketsStartupNews•Sep 01, 2025•Blue Tokai Coffee Roasters, Anicut Capital, Verlinvest, A91 Partners and 2 others
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D2C brand HairOriginals raises $5M in Series A fundingBEAMSTART•Feb 05, 2025•HairOriginals, 12 Flags Group, Anicut Capital
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Beyond Snack raises $8.3 million in Series A funding roundMint•Jan 09, 2025•Beyond Snacks, 12 Flags Group, NABVENTURES, Enrission India Capital and 1 other
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12 Flags Group takes a sip of Blue TokaiIndiatimes•Apr 10, 2024•12 Flags Group, Blue Tokai Coffee Roasters
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Rakesh Kapoor-backed 12 Flags invests in Blue Tokai; its first investment in IndiaIndiatimes•Apr 09, 2024•12 Flags Group, Blue Tokai Coffee Roasters, A91 Partners, Anicut Capital and 5 others
