About Alfa Ventures
Alfa Ventures is a venture capital firm founded in 2003. It is primarily based out of India. As of Jun 2023, Alfa Ventures has invested in 8 companies. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from High Tech to Consumer and Enterprise Applications. Most recently it participated in the $***** Series A round of Ten Thousand Overall, Alfa Ventures portfolio has seen 3 acquisitions, namely GoMechanic, ClearDekho and Prolixr. A lot of funds co-invest with Alfa Ventures, with names like Green Shoots Capital sharing a substantial percentage of its portfolio. Alfa Ventures has team of 4 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Alfa Ventures' List of Top Investments
Alfa Ventures has a portfolio of 8 companies. Their most notable investments are in Prolixr and Lleaf.Their portfolio spans across India, Australia and United States. They have invested in High Tech, Consumer, Enterprise Applications and 11 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Alfa Ventures:1. GoMechanic
Provider of car service and repair network. This network connects vehicle owners with local garages for scheduled maintenance, AC repair, cleaning, detailing, and other services. It offers services for various car brands and provides access to a range of repair options, including denting, painting, insurance work, and custom repairs. The network also facilitates services related to batteries, tires, windshields, and detailing. Luxury and popular car brands are supported.
Key facts about GoMechanic
- Founded Year: 2016
- Location: Gurugram (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $62M
- Employee Count: 171 as on May 31, 2025
- Investors: Chiratae Ventures, Orios Venture Partners and 16 Others
- Latest Funding Round: Venture Debt, Nov 08, 2023, $*****
- Highlight: Acquired
Provider of personal hygiene products. The company offers a range of hygiene consumables. It addresses personal hygiene issues with its products. The company's customer base is continuously expanding through partnerships. The products perform to the unique requirements and standards across a broad industry base.
Key facts about Redcliffe Hygiene
3. Ten Thousand
Internet first brand offering sportswear apparel for men made from performance fabric. The product catalog includes shorts, shirts, pants, outerwear, and accessories like caps, beanies, socks, and more. The apparel is made from performance fabrics having features like anti-chafe flatlock seams, sweat-wicking, quick-drying, and more.
Key facts about Ten Thousand
- Founded Year: 2016
- Location: New York City (United States)
- Annual Revenue: $0 - $1M as on Dec 31, 2017
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $24.5M
- Employee Count: 45 as on Sep 30, 2026
- Investors: Quotidian Ventures, Innovation Department and 14 Others
- Latest Funding Round: Series B, Aug 07, 2025, $*****
- Highlight: Editors' Pick
4. ClearDekho
Retailer of affordable eyewear including prescription glasses and protective sunglasses. This business operates through an omnichannel model that integrates physical storefronts with digital platforms. It provides a diverse range of optical products such as eyeglasses, sunglasses, and contact lenses to address vision care needs. The organization focuses on standardized service delivery and product quality to ensure accessibility for consumers. By utilizing a franchise-based structure, the entity maintains a consistent retail presence while offering various vision correction solutions. The inventory includes multiple frame styles and lens types designed for different age groups. All operations prioritize the distribution of functional optical goods to support improved vision health.
Key facts about ClearDekho
- Founded Year: 2016
- Location: Ghaziabad (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $12.1M
- Employee Count: 261 as on Sep 30, 2026
- Investors: 9Syndicate, NB Ventures and 128 Others
- Latest Funding Round: Series A, Dec 10, 2022, $*****
- Highlight: Acquired

5. Lleaf
Provider of light diffusers for indoor farms and greenhouses. It offers luminescent diffusers to deal with the issue of growth, yield, and crop control. Its products are designed to increase the photosynthesis activity of plants and crops. It is also used to stimulate phytochromes. It is mainly used for fruits, flowers, and aquatic plants.
Key facts about Lleaf
- Founded Year: 2016
- Location: Sydney (Australia)
- Stage: Seed
- Total Funding till date: $3.5M
- Employee Count: 3 as on Sep 30, 2026
- Investors: ALFA Ventures, Alfa Ventures and 4 Others
- Latest Funding Round: Seed, Sep 13, 2022, $*****
- Highlight: Editors' Pick
Alfa Ventures' Year-on-Year Investment Trends
Alfa Ventures has invested in 8 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Ten Thousand and most recent follow-on round was in Redcliffe Hygiene.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 1 | 0 | 1 |
2021 | 0 | 0 | 0 |
2020 | 1 | 0 | 1 |
2019 | 1 | 1 | 2 |
2018 | 0 | 1 | 1 |
2017 | 1 | 0 | 1 |
Alfa Ventures' Investments by Stage
Alfa Ventures has made 4 investments in Seed stage with an average round size of $1.69M and 1 investment in Series A stage with an average round size of $21.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 1 |
Note: We have considered here, only first round of investments
Alfa Ventures' Investments by Sector
Alfa Ventures has a diverse portfolio, with companies operating in the Consumer Goods, Consumer, Auto Tech, Energy Tech and Environment Tech. Notably, it has invested in 6 Consumer (B2C) companies, 5 Tech companies, 2 Enterprise (B2B) companies and at least 1 company focusing on AI-Native.Sector | No. of Investments |
|---|---|
Consumer Goods | 3 |
Consumer | 2 |
Auto Tech | 1 |
Energy Tech | 1 |
Environment Tech | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Alfa Ventures' Investments by Geography
Alfa Ventures has made most investments in India (3), followed by Australia where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 3 |
Australia | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Alfa Ventures' recent investments
Alfa Ventures has not made any investment in 2026 so far.Here are the most recent investments by Alfa Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 14, 2023 | United States | Series A | 1583 | [+4] | |
Sep 13, 2022 | Australia | Seed | 1443 | [+2] | |
Nov 19, 2020 | India | Seed | 2555 | ||
Apr 23, 2019 | India | Seed | 8434 | - | |
Mar 28, 2019 | India | Seed | 7323 | [+9] |
Acquired companies in Alfa Ventures' Portfolio
3 companies from Alfa Ventures' portfolio have been acquired. The most recent acquisition was ClearDekho in Apr 2025 by SMV Jaipuria Group for $*****.Here are Alfa Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 23, 2025 | - | - | 8625 | |
Mar 29, 2023 | - | - | 2814 | |
Oct 25, 2021 | Nov 19, 2020 | Seed | 5186 |
Team profile of Alfa Ventures
Alfa Ventures has a team of 4 members including 3 Partners located in India. Alfa Ventures' team sits on the board of 1 company.Here is a list of all team members in Alfa Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Gurugram | |||
Partner | Ernakulam | - | - | |
Partner | Ernakulam | - | - |
Co-investors of Alfa Ventures
Over the past 9 years, 64 investors have co-invested in Alfa Ventures's portfolio companies. This includes funds and angels.
- Top Co-investors of Alfa Ventures: 22 investors entered a company along with Alfa Ventures. These include investors like Green Shoots Capital (1 company).
- Invested after Alfa Ventures: A total of 42 investors have invested in Alfa Ventures's portfolio after their investments. Top Investors include Mayur Desai (1 company), Zerodha (1 company) and Angel List (1 company).
Recent News related to Alfa Ventures
•
Ranchi-based dairy start-up Puresh Daily raises Rs 1.2 cr seed fundBusiness Today•Apr 10, 2021•Puresh milk, Agility Ventures, Agility, Dream11 and 1 other
•
Skincare brand Prolixr secures seed fundingVCCircle•Nov 19, 2020•Prolixr, ALFA Ventures, Alfa Ventures
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Chiratae, Sequoia lead funding round in GoMechanicMint•Dec 29, 2019•GoMechanic, Chiratae Ventures, Sequoia Capital, Orios Venture Partners and 2 others
•
Vehicle services startup CleanseCar raises pre-Series A funding of $2MYahoo•Oct 09, 2019•CleanseCar, AutoBrix, Haldirams, Venture Catalysts and 18 others
