About Compact Structure Fund
Compact Structure Fund is a venture capital firm As of Jun 2026, Compact Structure Fund is an active investor, having invested in 8 companies, with 2 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 Enterprise Applications to Retail and High Tech. Most recently it participated in the $***** Series A round of Mount Everest Breweries Overall, Compact Structure Fund portfolio has seen 1 unicorn, 1 IPO and 1 acquisition, namely Zepto, Pace Digitek and Kineco. A lot of funds co-invest with Compact Structure Fund, with names like Naresh Saraaf sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series G & 1 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Compact Structure Fund's List of Top Investments
Compact Structure Fund has a portfolio of 8 companies, one of which is a Unicorn. Their most notable investments are in Limelight and Kineco.Their portfolio spans across and India. They have invested in Enterprise Applications, Retail, High Tech and 11 other sectors, across stages such as Series A, Series G and 1 more. Here is the list of top investments by Compact Structure Fund:1. Zepto
Retailer of groceries fresh produce household items and personal care. It delivers groceries, fresh produce, personal care items, electronics, and more to customers in minutes through a network of dark stores. Customers select items through an application for fulfillment and delivery. The operation manages a supply chain to distribute consumer goods directly to households.
Key facts about Zepto
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $2.34B
- Employee Count: 40,578 as on Mar 31, 2026
- Investors: Glade Brook Capital, Nexus Venture Partners and 164 Others
- Latest Funding Round: Series H, Oct 16, 2025, $*****
- Highlight: Editors' Pick

2. Limelight
Online retailer of lab-grown diamond rings, earrings, pendants, and more. It provides a variety of styles, including solitaire, daily wear, and engagement rings. The company also offers earrings, pendants, bracelets, and necklaces. Customers can filter jewellery by style and price.
Key facts about Limelight
- Founded Year: 2019
- Location: Mumbai (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $77.9M
- Employee Count: 284 as on Aug 31, 2025
- Investors: Compact Structure Fund, Capri Loans and 98 Others
- Latest Funding Round: Series B, Jul 01, 2026, $*****
- Highlight: Editors' Pick

3. GoKhana
Provider of digital cafeteria management and related food services solutions. The company offers services such as contactless ordering, real-time tracking, and streamlined billing processes. It provides cafeteria managed services covering menu planning, food delivery, and digital cafeteria experiences. The company also organises special occasions, events, celebrations, and pop-up counters.
Key facts about GoKhana
- Founded Year: 2017
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $10.5M
- Employee Count: 348 as on Aug 31, 2025
- Investors: Compact Structure Fund, Chhattisgarh Investments and 120 Others
- Latest Funding Round: Series A, Nov 20, 2024, $*****
- Highlight: Editors' Pick

4. Pace Digitek
Provider of power management and optic fiber laying solutions. The company delivers energy management solutions. It offers services including optic fiber laying. The business specializes in telecom power and solar solutions.
Key facts about Pace Digitek
- Founded Year: 2007
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $47.4M
- Employee Count: 1,248 as on Aug 31, 2025
- Investors: Parishi Capital, Saint Capital Fund and 160 Others
- Latest Funding Round: Series A, Jan 17, 2025, $*****
- Highlight: Public
Manufacturer of alcoholic beverages including lagers and strong beers. The company produces a variety of beer brands designed to cater to diverse consumer preferences. Its operations involve the brewing and canning of beverages for distribution. The business focuses on maintaining quality standards throughout the production process to supply various markets.
Key facts about Mount Everest Breweries
- Founded Year: 1999
- Location: Indore (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $9.59M
- Employee Count: 169 as on May 31, 2026
- Investors: Compact Structure Fund, Pace Stock Broking Services and 33 Others
- Latest Funding Round: Series A, Jun 05, 2026, $*****
Compact Structure Fund's Year-on-Year Investment Trends
In 2025, it made 2 investments, while as of Jun 2026, it has made 1 investment in this year. Its most recent first time investment was in Mount Everest Breweries.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 2 | 0 | 2 |
2024 | 4 | 0 | 4 |
Compact Structure Fund's Investments by Stage
Compact Structure Fund has made 5 investments in Series A stage with an average round size of $16.4M, 1 investment in Series G stage with an average round size of $350M and 1 investment in Unattributed stage with an average round size of $10.5M.Stage of entry | No. of Investments |
|---|---|
Series A | 5 |
Series G | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Compact Structure Fund's Investments by Sector
Compact Structure Fund has a diverse portfolio, with companies operating in the Consumer, Food and Agriculture Tech, High Tech, Chemicals and Materials Tech and Consumer Goods. Notably, it has invested in 5 Enterprise (B2B) companies, 5 Tech companies, 3 Consumer (B2C) companies and at least 2 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Food and Agriculture Tech | 2 |
High Tech | 2 |
Chemicals and Materials Tech | 1 |
Consumer Goods | 1 |
Others | 9 |
Note: We have considered here, only first round of investments
Compact Structure Fund's Investments by Geography
Compact Structure Fund has made most investments in India (7).Compact Structure Fund's recent investments
Compact Structure Fund has made 1 investments in 2026 so far - Mount Everest Breweries.Here are the most recent investments by Compact Structure Fund:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 05, 2026 | India | Series A | 5856 | [+13] | |
Dec 30, 2025 | India | Series A | 7270 | [+53] | |
Feb 03, 2025 | India | Series A | 8880 | [+29] | |
Nov 20, 2024 | India | Series A | 8300 | [+56] | |
Nov 07, 2024 | India | Series G | 4762 |
Unicorns in Compact Structure Fund's Portfolio
Compact Structure Fund has 1 unicorn in its portfolio - Zepto. The most recent unicorn in their portfolio is Zepto which became a unicorn in 2023, 1 years before Compact Structure Fund first invested in it.Here is a list of unicorns in Compact Structure Fund's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
78 | Retailer of groceries fresh produce household items and personal care | 2021 | Bengaluru | Series H | nvfoton |
IPOs and Publicly Listed companies in Compact Structure Fund's Portfolio
1 of Compact Structure Fund's portfolio company became public - Pace Digitek. It got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Oct 2025 at marketcap of $533MHere are Compact Structure Fund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 06, 2025 | Aug 01, 2024 | Series A | 7117 |
Acquired companies in Compact Structure Fund's Portfolio
1 company from Compact Structure Fund's portfolio has been acquired. The most recent acquisition was Kineco.Here are Compact Structure Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 17, 2024 | Jun 06, 2024 | Unattributed | 1945 |
Co-investors of Compact Structure Fund
Over the past 2 years, 662 investors have co-invested in Compact Structure Fund's portfolio companies. This includes funds and angels.
- Invested before Compact Structure Fund: Y Combinator, Global Founders Capital and 118 others have invested in rounds before Compact Structure Fund. There is 1 company where Y Combinator has invested before Compact Structure Fund and 1 company where Global Founders Capital has invested before Compact Structure Fund.
- Top Co-investors of Compact Structure Fund: 467 investors entered a company along with Compact Structure Fund. These include investors like Naresh Saraaf (2 companies).
- Invested after Compact Structure Fund: A total of 75 investors have invested in Compact Structure Fund's portfolio after their investments. Top Investors include Elcid Investments (1 company), MapmyIndia (1 company) and CalPERS (1 company).
