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 Aug 2026, 12 Flags Group is an active investor, having invested in 9 companies, with 6 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 EdTech. Most recently it participated in the $***** Seed round of Wippi 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
12 Flags Group's List of Top Investments
12 Flags Group has a portfolio of 9 companies. Their most notable investments are in Wippi and FES Cafe.Their portfolio spans across India and United Kingdom. They have invested in Retail, Consumer, EdTech 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:
Chains providing freshly roasted coffee beans and specialty coffee beverages. The company offers a variety of single origin coffees, blends, and coffee concentrates through its retail outlets and online platform. It focuses on sourcing high-quality beans and providing brewing equipment and accessories to support coffee preparation.
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: $133M
- Employee Count: 2,872 as on Aug 31, 2025
- Investors: HDFC Mutual Fund, Verlinvest and 75 Others
- Latest Funding Round: Series C, Apr 29, 2026, $*****
- Highlight: Editors' Pick
2. Codeyoung
Provider of live online tutoring for mathematics coding and science. This service facilitates one-to-one instruction between mentors and students across various academic subjects. The platform utilizes digital tools to deliver lessons, track progress, and provide feedback on student performance. Curriculum offerings include instruction in programming languages, mathematics, English, science, robotics, and financial literacy. Students access these sessions through a web-based interface to receive personalized guidance on specific topics. The instructional model focuses on mastery-based learning, requiring students to demonstrate understanding of concepts before advancing to subsequent material. Additional resources include practice exercises and digital tools for skill reinforcement.
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: $4.04M
- Employee Count: 246 as on May 31, 2026
- Investors: Enzia Ventures, MYCap Investments 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: $21.9M
- Employee Count: 70 as on Aug 31, 2025
- Investors: Aeroflex Enterprises, Faad Capital and 79 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: 82 as on Sep 30, 2026
- Investors: Titan Capital, Blume Venture 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 Aug 2026, it has made 5 investments in this year. Its most recent first time investment was in Wippi and most recent follow-on round was in Blue Tokai Coffee Roasters.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 2 | 5 |
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 $5.25M, 3 investments in Seed stage with an average round size of $1.1M and 1 investment in Series B stage.Stage of entry | No. of Investments |
|---|---|
Series A | 5 |
Seed | 3 |
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 EdTech. Notably, it has invested in 9 Consumer (B2C) companies, 7 Tech companies, 2 Software companies and at least 1 company focusing on Saas.Sector | No. of Investments |
|---|---|
Consumer | 6 |
Retail | 6 |
Consumer Goods | 4 |
Food and Agriculture | 3 |
EdTech | 2 |
Others | 2 |
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 (9), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 9 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
12 Flags Group's recent investments
12 Flags Group has made 5 investments in 2026 so far. Wippi and Sumosave 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 |
|---|---|---|---|---|---|
Aug 12, 2026 | India | Seed | 8301 | [+2] | |
Jul 10, 2026 | India | Series A | 5878 | - | |
Apr 29, 2026 | India | Series C | 6630 | [+9] | |
Mar 24, 2026 | India | Series A | 7848 | ||
Feb 2026 | India | Seed | 8965 | - |
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, 263 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 244 others have invested in rounds before 12 Flags Group. There are 4 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: 9 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), HDFC Mutual Fund (1 company) and Waterfield Advisors (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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FES Cafe Secures $1 Million in Pre-Series A Funding Led by 12 FlagsEnablers•Nov 12, 2025•For Earths Sake, Wolfpack Labs, 12 Flags Group
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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
