About GI Ventures
GI Ventures is a venture capital firm founded in 2023. It is primarily based out of Lucknow, India. As of May 2024, GI Ventures has invested in 31 companies. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from Consumer to Retail and Enterprise Applications. Most recently it participated in the $***** Seed round of PickMyWork Overall, GI Ventures portfolio has seen 1 IPO and 3 acquisitions including key companies like Rentomojo, ConfirmTkt and Dr. Sheth's. A lot of funds co-invest with GI Ventures, with names like Gray Matters Capital sharing a substantial percentage of its portfolio. GI Ventures has team of 2 people including 1 partners.Key Metrics
GI Ventures' List of Top Investments
GI Ventures has a portfolio of 31 companies. Their most notable investmentis in TrackNOWTheir portfolio spans across and India. They have invested in Consumer, Retail, Enterprise Applications and 19 other sectors, across stages such as Seed stage. Here is the list of top investments by GI Ventures:
1. Rentomojo
Provider of rental furniture, appliances, and electronics. This service offers a convenient way for individuals to access household goods and technology through a rental model.
Key facts about Rentomojo
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $58.7M
- Employee Count: 968 as on May 01, 2026
- Investors: Chiratae Ventures, Samsung Venture Investment and 48 Others
- Latest Funding Round: Series D, Jan 16, 2026, $*****
- Highlight: Public
2. Blu-Smart
Platform offering electric vehicle fleet undergoing corporate insolvency resolution process. An insolvency professional has been appointed to manage the entity. The board of directors' powers are suspended, and management is vested in the resolution professional. Correspondence regarding the corporate insolvency resolution process should be directed to the designated email address.
Key facts about Blu-Smart
- Founded Year: 2019
- Location: Gurugram (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2024
- Last Known Valuation: $*****
- Stage: Deadpooled
- Total Funding till date: $180M
- Employee Count: 613 as on Feb 28, 2025
- Investors: SoftBank Group, BlackSoil and 280 Others
- Latest Funding Round: Series A, Dec 23, 2024, $*****
Operator of electric vehicle rental services for last mile delivery. This business provides electric scooters and three-wheeled loaders for commercial use. The service model includes battery swapping infrastructure to support continuous vehicle operation. Users access these vehicles through a digital platform to facilitate the transport of goods. The business maintains the fleet and provides technical support for the vehicles.
Key facts about Zypp Electric
- Founded Year: 2017
- Location: Gurugram (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2026
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $76.5M
- Employee Count: 1,099 as on May 01, 2026
- Investors: L N Bangur Group, CapFort Ventures and 174 Others
- Latest Funding Round: Series C, Jan 15, 2025, $*****
- Highlight: Editors' Pick
4. ConfirmTkt
Provider of online platform for booking train tickets and related services. The platform facilitates train ticket bookings, provides information on train schedules, and offers PNR status updates. It also provides options for booking meals and alternate travel plans. The platform supports various ticket types and quotas.
Key facts about ConfirmTkt
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.21M
- Employee Count: 505 as on Jan 31, 2025
- Investors: 9Syndicate, Aeroflex Enterprises and 69 Others
- Latest Funding Round: Seed, Nov 2018, $*****
- Highlight: Acquired
5. Dhruva Space
Provider of full-stack space engineering solutions, satellite platforms, and launch services. They offer integrated satellite solutions coupled with earth stations. The company provides technology solutions to power space-based applications. These applications extend from Earth and beyond. The company also provides spacecraft solar arrays and imagery services.
Key facts about Dhruva Space
- Founded Year: 2012
- Location: Hyderabad (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $37.4M
- Employee Count: 311 as on May 31, 2026
- Investors: DSP Mutual Fund, SIDBI and 148 Others
- Latest Funding Round: Series A, Jun 25, 2026, $*****
- Highlight: Editors' Pick
GI Ventures' Year-on-Year Investment Trends
Its most recent first time investment was in PickMyWork.GI Ventures' Investments by Stage
GI Ventures has made 2 investments in Seed stage.GI Ventures' Investments by Sector
GI Ventures has a diverse portfolio, with companies operating in the Consumer, Auto Tech, Enterprise Applications, Gig Economy and High Tech. Notably, it has invested in 30 Tech companies, 23 Consumer (B2C) companies, 15 Enterprise (B2B) companies and at least 9 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Auto Tech | 1 |
Enterprise Applications | 1 |
Gig Economy | 1 |
High Tech | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
GI Ventures' Investments by Geography
GI Ventures has made most investments in India (2).GI Ventures' recent investments
GI Ventures has not made any investment in 2026 so far.Here are the most recent investments by GI Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 31, 2024 | India | Seed | 1582 | [+2] | |
May 07, 2024 | India | Seed | 2364 |
IPOs and Publicly Listed companies in GI Ventures' Portfolio
1 of GI Ventures' portfolio company became public - Rentomojo. It got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Sep 2026 at marketcap of $438MHere are GI Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 17, 2026 | - | - | 1024 |
Acquired companies in GI Ventures' Portfolio
3 companies from GI Ventures' portfolio have been acquired. The most recent acquisition was Prescinto in Oct 2024 by IBM for $*****.Here are GI Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 15, 2024 | - | - | 2228 | |
May 16, 2022 | - | - | 1440 | |
Feb 04, 2021 | - | - | 7908 |
Team profile of GI Ventures
GI Ventures has a team of 2 members located in India. GI Ventures' team sits on the board of 1 company.Co-investors of GI Ventures
Over the past 2 years, 20 investors have co-invested in GI Ventures's portfolio companies. This includes funds and angels.
- Invested before GI Ventures: Soonicorn Ventures, Upaya Social Ventures and 12 others have invested in rounds before GI Ventures. There is 1 company where Soonicorn Ventures has invested before GI Ventures and 1 company where Upaya Social Ventures has invested before GI Ventures.
- Top Co-investors of GI Ventures: 3 investors entered a company along with GI Ventures. These include investors like Gray Matters Capital (1 company).
- Invested after GI Ventures: A total of 3 investors have invested in GI Ventures's portfolio after their investments. Top Investors include Tim Draper (1 company), Yohan Poonawalla (1 company) and Michelle Poonawalla (1 company).
