About Amesten Capital
Amesten Capital is a venture capital firm founded in 2018. It is primarily based out of Mumbai, India. As of Aug 2024, Amesten Capital has invested in 26 companies. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from Blockchain Technology to High Tech and FinTech. Most recently it participated in the $***** Seed round of LYNC A lot of funds co-invest with Amesten Capital, with names like Sandeep Nailwal sharing a substantial percentage of its portfolio.Amesten Capital's List of Top Investments
Amesten Capital has a portfolio of 26 companies. Their most notable investments are in Carret and Kalamint.Their portfolio spans across India, Singapore, United Kingdom and 6 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 10 other sectors, across stages such as Seed stage. Here is the list of top investments by Amesten Capital:1. Delta
Derivative exchange & trading platform for cryptocurrency. Its features include REST APIs for programmatic trading, web socket feed for real-time market data, and enterprise-grade multi-factor security for digital assets. It offers multiple trading strategies for automatic trading. Users can create, backtest, and deploy trading strategies.
Key facts about Delta
- Founded Year: 2018
- Location: Kingstown (Saint Vincent And The Grenadines)
- Stage: Seed
- Employee Count: 393 as on Aug 31, 2026
- Investors: LuneX Ventures, Borderless Capital and 8 Others
- Latest Funding Round: Seed, May 27, 2020, $*****
- Highlight: Editors' Pick
2. KoinX
Provider of cryptocurrency tax calculation and portfolio tracking software solutions. The platform offers tools for importing transaction history from various exchanges and blockchain wallets. It provides portfolio insights and generates tax reports. The platform supports multiple countries and aims to simplify cryptocurrency tax reporting for individuals, professionals, and enterprises.
Key facts about KoinX
- Founded Year: 2022
- Location: Cuttack (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.56M
- Employee Count: 18 as on Aug 31, 2025
- Investors: The Rise Fund, Amplify Partners and 38 Others
- Latest Funding Round: Seed, Jun 06, 2026, $*****
- Highlight: Editors' Pick
Mobile game developer focusing on hypercasual games. The games developed by the company include Bricks n Bullet, Kill'em All, Tower Jump, Dino Run, Rescue, Shapes, and Quiz Ninja 'Shadow Art 3D' which is a puzzle game, and more. These games are available for Android and iOS platforms. It monetizes through in-app ads.
Key facts about Recreations Lab
- Founded Year: 2020
- Location: Faridabad (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.48M
- Employee Count: 48 as on Aug 31, 2026
- Investors: Info Edge Ventures and Amesten Capital
- Latest Funding Round: Seed, Sep 27, 2023, $*****
- Highlight: Editors' Pick

4. Oddz
Decentralized trading platform for cryptocurrencies and options. It offers to trade on Binance Smart Chain, Polkadot, & Ethereum. It provides liquidity for locking assets, staking rewards, call & put options for buying and selling underlying assets, conditional tokens, and more. It also provides solutions for traders and apps developers.
Key facts about Oddz
- Founded Year: 2020
- Location: Finland
- Stage: Seed
- Total Funding till date: $2.6M
- Employee Count: 4 as on Mar 31, 2026
- Investors: NGC Ventures, Woodstock and 20 Others
- Latest Funding Round: ICO, Mar 18, 2021, $*****
- Highlight: Editors' Pick

5. Crux
Online platform for campaign creation with tools to generate bespoke offers, airdrop tokens, and notifications. The company provides marketplaces that can target a specific audience and increase sales of a new category of NFTs or a new collection featured.
Key facts about Crux
- Founded Year: 2022
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Stage: Funding Raised
- Employee Count: 21 as on Jul 31, 2026
- Investors: First Cheque, Kube VC and 11 Others
Amesten Capital's Year-on-Year Investment Trends
Amesten Capital has invested in 26 companies over the last 5 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in LYNC.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 5 | 0 | 5 |
Amesten Capital's Investments by Stage
Amesten Capital has made 7 investments in Seed stage with an average round size of $1.92M.Amesten Capital's Investments by Sector
Amesten Capital has a diverse portfolio, with companies operating in the Blockchain Technology, FinTech, Blockchain - Industry Applications, High Tech and Consumer. Notably, it has invested in 24 Tech companies, 22 Blockchain companies, 15 Enterprise (B2B) companies and at least 14 companies focusing on Software.Sector | No. of Investments |
|---|---|
Blockchain Technology | 7 |
FinTech | 7 |
Blockchain - Industry Applications | 6 |
High Tech | 5 |
Consumer | 2 |
Others | 4 |
Note: We have considered here, only first round of investments
Amesten Capital's Investments by Geography
Amesten Capital has made most investments in India (2), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 2 |
Canada | 1 |
Finland | 1 |
Singapore | 1 |
United Kingdom | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Amesten Capital's recent investments
Amesten Capital has not made any investment in 2026 so far.Here are the most recent investments by Amesten Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 08, 2024 | United States | Seed | 6681 | [+9] | |
Aug 11, 2022 | India | Seed | 8397 | [+1] | |
May 27, 2021 | Singapore | Seed | 5364 | [+11] | |
May 07, 2021 | United Kingdom | Seed | 6742 | [+18] | |
Feb 25, 2021 | Finland | Seed | 5913 | [+18] |
Co-investors of Amesten Capital
Over the past 5 years, 81 investors have co-invested in Amesten Capital's portfolio companies. This includes funds and angels.
- Invested before Amesten Capital: Umang Shukla, Sanjeev Kumar Singh and 10 others have invested in rounds before Amesten Capital. There is 1 company where Umang Shukla has invested before Amesten Capital and 1 company where Sanjeev Kumar Singh has invested before Amesten Capital.
- Top Co-investors of Amesten Capital: 60 investors entered a company along with Amesten Capital. These include investors like Sandeep Nailwal (4 companies).
- Invested after Amesten Capital: A total of 9 investors have invested in Amesten Capital's portfolio after their investments. Top Investors include Alpha Wave Global (1 company), CoinSwitch (1 company) and Singularity Ventures (1 company).
Recent News related to Amesten Capital
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LYNC Completes $1.5 Million Pre-Seed Round of FinancingPANews•Aug 08, 2024•LYNC, Levitate Labs, Smape capital, Amesten Capital and 6 others
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Verida raises $5 million to protect user data amid rise in generative AIThe Block•Jun 22, 2024•Verida, O-DE Capital Partners, ChaiTech Ventures, simurglabs.com and 6 others
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Crypto Startup Carret Raises Funding, Eyes Expansion To Middle East, SEAInc42•Aug 11, 2022•Carret, Amesten Capital
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Web3, Crypto-Focused Investor Amesten Capital Bags $9 Mn To Focus On DeFi Finance, Gaming SpaceInc42•Apr 26, 2022•Amesten Capital
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Tim Draper’s DGH Venture studio backs KalamintVCCircle•Feb 18, 2021•Kalamint, Draper Goren Holm, Amesten Capital
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Nord Finance Raises $1.23M in Seed and Private Sale and Announces IDO on PolkaStarterCoinspeaker•Jan 04, 2021•Nord Finance, Amesten Capital, Blackdragon, AmpliFi and 1 other
