About Gruhas
Gruhas is a venture capital firm founded in 2021. It is primarily based out of Bengaluru, India. As of Aug 2026, Gruhas is an active investor, having invested in 68 companies, with 2 new investments 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 Consumer to Enterprise Applications and Retail. Most recently it participated in the $***** Series B round of Matel Overall, Gruhas portfolio has seen 1 unicorn and 1 acquisition, namely Licious and Epoch Elder Care. A lot of funds co-invest with Gruhas, with names like Nikhil Kamath sharing a substantial percentage of its portfolio. Gruhas has team of 7 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Gruhas' List of Top Investments
Gruhas has a portfolio of 68 companies, one of which is a Unicorn. Their most notable investments are in Bhive Alts and Settl.Their portfolio spans across and India. They have invested in Consumer, Enterprise Applications, Retail and 29 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Gruhas:
1. Licious
Retailer of fresh meat products available for online consumer purchase. This business facilitates the digital procurement of various raw meat items. Customers select products through an online interface for delivery. The operation focuses on the distribution of perishable food goods directly to households.
Key facts about Licious
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $565M
- Employee Count: 2,828 as on May 31, 2026
- Investors: Amansa Capital, Multiples Alternate Asset Management and 67 Others
- Latest Funding Round: Series G, Sep 21, 2023, $*****
- Highlight: Editors' Pick
2. Equal
Operator of a platform providing data sharing and verification services. The platform offers financial analytics, employment verification, and identity verification. It facilitates custom workflows and consumer data solutions. The platform supports various use cases, including financial services and enterprise solutions. It also provides resources such as a newsletter and information on trust and security.
Key facts about Equal
- Founded Year: 2022
- Location: Hyderabad (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $42M
- Employee Count: 63 as on Aug 31, 2025
- Investors: Prosus, Valiant Capital Management and 37 Others
- Latest Funding Round: Series B, Jun 12, 2026, $*****
- Highlight: Editors' Pick
Provider of home loan advisory services, comparing lenders and loan options. The company offers guidance on loan amounts, tenure, and interest rates based on income and property type. It assists with funding for business, education, or personal needs, leveraging property value. The company also facilitates home loan balance transfers and funding for construction or renovation projects.
Key facts about BASIC Home Loan
- Founded Year: 2020
- Location: Gurugram (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $24.6M
- Employee Count: 438 as on Aug 31, 2025
- Investors: Crescent Enterprises, Innoven Capital and 59 Others
- Latest Funding Round: Series B, Feb 17, 2026, $*****
- Highlight: Editors' Pick
4. Emoha
Provider of holistic in home elder care services and emergency support. It offers membership plans encompassing health support, safety measures, convenience services, and engaging activities for seniors. The plans are designed to address varying levels of need, with add on options available for customized care. It providing immediate assistance through multiple communication channels. The services aim to provide peace of mind for both seniors and the families, facilitating proactive health monitoring and managing age related challenges.
Key facts about Emoha
- Founded Year: 2018
- Location: Gurugram (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $16.4M
- Employee Count: 344 as on Aug 31, 2025
- Investors: Founder Collective, Lumis Partners and 52 Others
- Latest Funding Round: Series B, Feb 27, 2024, $*****
- Highlight: Editors' Pick
5. Bold Care
Retailer of sexual wellness products and health supplements. This business provides a variety of items designed to support sexual health, personal hygiene, and general well-being. The product selection includes condoms, lubricants, and nutritional supplements formulated to assist with stamina and physical performance.
Key facts about Bold Care
- Founded Year: 2019
- Location: Mumbai (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $16.3M
- Employee Count: 83 as on May 31, 2026
- Investors: Nexus Venture Partners, Founder Collective and 101 Others
- Latest Funding Round: Angel, May 22, 2025, $*****
- Highlight: Editors' Pick
Gruhas' Year-on-Year Investment Trends
Gruhas has invested in 68 companies over the last 5 years, with an average of 12 new investments annually in the last 5 years. In 2025, it made 8 investments, while as of Aug 2026, it has made 3 investments in this year. Its most recent first time investment was in Fanon and most recent follow-on round was in Matel.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 1 | 3 |
2025 | 4 | 4 | 8 |
2024 | 15 | 6 | 21 |
2023 | 22 | 3 | 25 |
2022 | 12 | 0 | 12 |
2021 | 4 | 0 | 4 |
Gruhas' Investments by Stage
Gruhas has made 39 investments in Seed stage with an average round size of $2.02M, 17 investments in Series A stage with an average round size of $5.06M, 1 investment in Series B stage with an average round size of $5.44M, 1 investment in Series C stage with an average round size of $29.9M and 1 investment in Series G stage with an average round size of $1.11M.Stage of entry | No. of Investments |
|---|---|
Seed | 39 |
Series A | 17 |
Series B | 1 |
Series C | 1 |
Series G | 1 |
Note: We have considered here, only first round of investments
Gruhas' Investments by Sector
Gruhas has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Real Estate and Construction Tech, Retail and Sustainability Tech. Notably, it has invested in 50 Tech companies, 39 Consumer (B2C) companies, 35 Enterprise (B2B) companies and at least 20 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 22 |
Enterprise Applications | 14 |
Real Estate and Construction Tech | 11 |
Retail | 11 |
Sustainability Tech | 10 |
Others | 97 |
Note: We have considered here, only first round of investments
Gruhas' Investments by Geography
Gruhas has made most investments in India (58).Gruhas' recent investments
Gruhas has made 3 investments in 2026 so far. Matel and Fanon are the latest among them.Here are the most recent investments by Gruhas:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 03, 2026 | India | Series B | 7404 | [+3] | |
Mar 31, 2026 | India | Seed | 5575 | ||
Jan 20, 2026 | India | Seed | 2272 | [+10] | |
Oct 27, 2025 | India | Series A | 2798 | [+3] | |
May 14, 2025 | India | Seed | 3966 | [+4] |
Unicorns in Gruhas' Portfolio
Gruhas has 1 unicorn in its portfolio - Licious. The most recent unicorn in their portfolio is Licious which became a unicorn in 2021.Here is a list of unicorns in Gruhas' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
84 | Retailer of fresh meat products available for online consumer purchase | 2015 | Bengaluru | Series G | lmfgimn |
Acquired companies in Gruhas' Portfolio
1 company from Gruhas' portfolio has been acquired. The most recent acquisition was Epoch Elder Care in Aug 2021 by Age Care Labs for $*****.Here are Gruhas' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 27, 2021 | - | - | 5141 |
Team profile of Gruhas
Gruhas has a team of 7 members including 1 Partner and 1 Principal located in India. Gruhas' team sits on the board of 1 company.Co-investors of Gruhas
Over the past 5 years, 1333 investors have co-invested in Gruhas's portfolio companies. This includes funds and angels.
- Invested before Gruhas: Angel List, QED Innovation Labs and 667 others have invested in rounds before Gruhas. There are 4 companies where Angel List has invested before Gruhas and 3 companies where QED Innovation Labs has invested before Gruhas.
- Top Co-investors of Gruhas: 433 investors entered a company along with Gruhas. These include investors like Nikhil Kamath (7 companies).
- Invested after Gruhas: A total of 231 investors have invested in Gruhas's portfolio after their investments. Top Investors include Nikhil Kamath (4 companies), Dholakia Ventures (3 companies) and Think Investments (2 companies).
Recent News related to Gruhas
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Social media platform Fanon raises $1 million in round led by Kalaari, GruhasIndiatimes•Mar 31, 2026•Fanon, Kalaari Capital, Gruhas, FANDOM
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Nailinit Raises Pre-Seed Funding from Gruhas Collective Consumer FundViestories•Feb 26, 2026•Nailinit, Gruhas Collective Consumer Fund, Mars Shot Ventures, nailinit.com and 1 other
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1Buy.AI raises INR 32.5 Cr in Seed funding led by 100UnicornsEnablers•Jan 29, 2026•1Buy.AI, 100Unicorns, Gruhas, FJ Labs
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HDFC Capital Invests in Brigade and Gruhas' Proptech FundVCCircle•Dec 02, 2025•Brigade Group, Gruhas, HDFC Mutual Fund, HDFC Capital
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Nikhil Kamath's Gruhas and Collective Artists Network close Rs 100 crore maiden fundMoneycontrol•Oct 28, 2025•Gruhas
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EV Charging Startup IPEC Raises $3 Million from Nikhil Kamath's Gruhas to Scale OperationsEntrepreneur•Apr 17, 2025•IPEC, Gruhas
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Gruhas Invests $3 Million in Indian EV Charging Startup IPECIndian Startup News•Apr 16, 2025•IPEC, Gruhas, iPEC
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Lehlah has raised INR 12.5 Cr in a Seed funding round led by Gruhas, and Abhijeet PaiEnablers•Apr 01, 2025•LehLah, Gruhas
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Pizza Wings secures additional funding of $2.8 million in follow-up roundIndiatimes•Mar 26, 2025•Pizza Wings, Gruhas
