About 3i Partners
3i Partners is a venture capital firm founded in 2020. It is primarily based out of Los Altos, United States. As of Jan 2026, 3i Partners is an active investor, having invested in 18 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from High Tech to Life Sciences and Enterprise Applications. Most recently it participated in the $***** Seed round of Litemed A lot of funds co-invest with 3i Partners, with names like Shalini Chhabra sharing a substantial percentage of its portfolio. 3i Partners has team of 12 people including 7 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Deals in last 12 months
3i Partners' List of Top Investments
3i Partners has a portfolio of 18 companies. Their most notable investments are in Cellarim Labs and ReCircle.Their portfolio spans across India and United States. They have invested in High Tech, Life Sciences, Enterprise Applications and 11 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by 3i Partners:Provider of marine underwater robotics inspection platform. Its offerings include remotely operated underwater vehicles (ROVs) and autonomous systems for visual inspection, ultrasonic testing, sonar surveys, and real-time data collection for maritime and infrastructure assets. It also provides non‑destructive testing (NDT) services, corrosion monitoring, structural health assessment, digital reporting dashboards, and Internet of Underwater Things (IoUT) capabilities for remote monitoring. The platform uses AI-enabled analytics, laser and sonar defect quantification, high-definition video, ultrasonic thickness gauging, and modular ROV and AUV technology for inspection in hostile or submerged environments.
Key facts about Planys Technologies
- Founded Year: 2015
- Location: Chennai (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $21.4M
- Employee Count: 113 as on Aug 31, 2025
- Investors: Shell, LetsVenture and 121 Others
- Latest Funding Round: Series B, Nov 08, 2025, $*****
- Highlight: Editors' Pick
2. PadCare Labs
Manufacturer of sanitary waste disposal bins and recycling processing systems. These systems collect used hygiene products from commercial and residential washrooms for subsequent material recovery. The process involves specialized technology to break down waste components into reusable materials. This approach diverts hygiene waste from landfills and supports waste management efforts at various facilities.
Key facts about PadCare Labs
- Founded Year: 2018
- Location: Pune (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.74M
- Employee Count: 161 as on May 31, 2026
- Investors: 3one4 Capital, ICICI Bank and 26 Others
- Latest Funding Round: Seed, Dec 16, 2025, $*****
- Highlight: Editors' Pick
3. Hemex Health
Portable diagnostic devices empowering healthcare frontlines with affordable, accurate testing. They break traditional barriers with an innovative diagnostic system that expands the potential of diagnostics for important conditions, making accurate tests accessible to new locations and new populations. They design diagnostic technologies for the real world by listening to the needs of healthcare providers including those in some of the most remote and challenging settings. Their initial tests include sickle cell disease, beta thalassemia, and ferritin. They offer a miniaturized version of the gold standard test known as cellulose acetate electrophoresis. Results are displayed quickly and can be stored locally or transmitted to the Cloud for patient and disease tracking. They are focused on point-of-care diagnostics, portable diagnostics, and affordable healthcare solutions. They are working towards social impact by enabling early diagnosis and disease tracking.
Key facts about Hemex Health
- Founded Year: 2016
- Location: Portland (United States)
- Stage: Series A
- Total Funding till date: $6.24M
- Employee Count: 33 as on Jun 30, 2025
- Investors: Alliance of Angels, Social Alpha and 18 Others
- Latest Funding Round: Grant (prize money), Sep 16, 2024, $*****
4. Tan90
Manufacturer of phase change materials and cold chain shipping products. The company provides phase change materials for insulated containers. These materials passively absorb heat, maintaining temperature stability. The company offers ice boxes, material packs, insulation bags, delivery bags, and thermal panels. It also provides blast freezers for high-throughput freezing.
Key facts about Tan90
- Founded Year: 2019
- Location: Chennai (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $5.22M
- Employee Count: 35 as on Aug 31, 2025
- Investors: Cisco, NABARD and 26 Others
- Latest Funding Round: Series A, Apr 23, 2026, $*****
- Highlight: Editors' Pick

5. Litemed
Manufacturer of wearable light therapy devices for pain management relief. These devices utilize red and near-infrared light wavelengths to target musculoskeletal discomfort and joint stiffness. The technology is designed for application on various body areas to support tissue recovery and local circulation. Each unit functions as a non-invasive, drug-free tool for individuals seeking to manage chronic or acute physical pain through consistent daily use. The system includes adjustable straps and adhesive components to ensure direct contact with the skin during therapy sessions.
Key facts about Litemed
- Founded Year: 2022
- Location: Hyderabad (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $4.63M
- Employee Count: 38 as on Mar 31, 2026
- Investors: Verlinvest, Ideaspring Capital and 20 Others
- Latest Funding Round: Seed, Jan 31, 2026, $*****
- Highlight: Editors' Pick
3i Partners' Year-on-Year Investment Trends
3i Partners has invested in 18 companies over the last 5 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 6 investments, while as of Jan 2026, it has made 1 investment in this year. Its most recent first time investment was in Cellarim Labs and most recent follow-on round was in Litemed.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 2 | 4 | 6 |
2024 | 4 | 0 | 4 |
2023 | 1 | 2 | 3 |
2022 | 3 | 0 | 3 |
2021 | 3 | 0 | 3 |
3i Partners' Investments by Stage
3i Partners has made 10 investments in Seed stage with an average round size of $809K, 2 investments in Series A stage with an average round size of $4.08M and 1 investment in Series B stage with an average round size of $2.7M.Stage of entry | No. of Investments |
|---|---|
Seed | 10 |
Series A | 2 |
Series B | 1 |
Note: We have considered here, only first round of investments
3i Partners' Investments by Sector
3i Partners has a diverse portfolio, with companies operating in the High Tech, Sustainability Tech, Environment Tech, Chemicals and Materials Tech and Enterprise Applications. Notably, it has invested in 16 Tech companies, 13 Enterprise (B2B) companies, 8 Consumer (B2C) companies and at least 6 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
High Tech | 5 |
Sustainability Tech | 5 |
Environment Tech | 4 |
Chemicals and Materials Tech | 2 |
Enterprise Applications | 2 |
Others | 12 |
Note: We have considered here, only first round of investments
3i Partners' Investments by Geography
3i Partners has made most investments in India (13).3i Partners' recent investments
3i Partners has made 1 investments in 2026 so far - Litemed.Here are the most recent investments by 3i Partners:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 31, 2026 | India | Seed | 6250 | [+2] | |
Dec 16, 2025 | India | Seed | 4164 | [+4] | |
Nov 08, 2025 | India | Series B | 8472 | [+23] | |
Oct 13, 2025 | India | Seed | 2302 | [+6] | |
Sep 10, 2025 | India | Seed | 8880 | [+8] |
Team profile of 3i Partners
3i Partners has a team of 12 members including 7 Partners, 2 Venture Partners and 1 Principal located in United States and India. 3i Partners' team sits on the board of 1 company.Here is a list of top team members in 3i Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mumbai | - | ||
Partner | - | - | ||
Partner | San Francisco | - | ||
Partner | United States | - | - | |
Partner | San Francisco | - | ||
Partner | Los Altos | - | - | |
Partner | - | - | - | |
Partner | San Francisco | - |
Co-investors of 3i Partners
Over the past 5 years, 311 investors have co-invested in 3i Partners's portfolio companies. This includes funds and angels.
- Invested before 3i Partners: Maharashtra State Innovation Society, IIMA Ventures and 148 others have invested in rounds before 3i Partners. There are 2 companies where Maharashtra State Innovation Society has invested before 3i Partners and 2 companies where IIMA Ventures has invested before 3i Partners.
- Top Co-investors of 3i Partners: 76 investors entered a company along with 3i Partners. These include investors like Shalini Chhabra (6 companies).
- Invested after 3i Partners: A total of 85 investors have invested in 3i Partners's portfolio after their investments. Top Investors include PKRBCV Shroff Trust (2 companies), Peyush Bansal (2 companies) and Namita Thapar (2 companies).
Recent News related to 3i Partners
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PadCare Labs Raises $3 Mn in Pre-Series A Led by RainmatterStartupTalky•Feb 10, 2026•PadCare Labs, Brigade Group, 3one4 Capital, Zerodha and 8 others
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Healthtech Startup CURAPOD Raises Rs 20 Cr Led by V3 VenturesViestories•Feb 10, 2026•3i Partners, V3 Ventures, Ideaspring Capital, and 1 other
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Cellarim Labs raises Rs 6 cr seed round co led by 3i Partners and Venture CatalystsEntrackr•Dec 17, 2025•Cellarim Labs, 3i Partners, Venture Catalysts, 3i Group and 1 other
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Tan90 Thermal Solutions has raised INR 20 Cr in a Series A funding round led by NABVENTURESEnablers•May 20, 2025•Tan90, NABVENTURES, Blue Ashva Capital, Capital A and 1 other
