About Ideaspring Capital
Ideaspring Capital is a venture capital firm founded in 2016. It is primarily based out of Bengaluru, India. As of Feb 2026, Ideaspring Capital is an active investor, having invested in 30 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 Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Seed round of Litemed Overall, Ideaspring Capital portfolio has seen 4 acquisitions, namely Bewgle and Whodat. A lot of funds co-invest with Ideaspring Capital, with names like Jigar Harish Mehta sharing a substantial percentage of its portfolio. Ideaspring Capital has team of 15 people including 6 partners.Key Metrics
Ideaspring Capital's List of Top Investments
Ideaspring Capital has a portfolio of 30 companies. Their most notable investments are in Zapty and Mihup.Their portfolio spans across India and United States. They have invested in Enterprise Applications, High Tech, Retail and 15 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Ideaspring Capital:
1. GrowthPal
Data-driven M&A deal sourcing platform. It facilitates small and mid-size M&A transactions for startups and corporates. It uses artificial intelligence and machine learning to provide actionable recommendations for fundraising, strategic partnerships, acquisitions, and acquihires.
Key facts about GrowthPal
- Founded Year: 2020
- Location: New York City (United States)
- Annual Revenue: 756K SGD as on Mar 31, 2024
- Stage: Series A
- Total Funding till date: $4M
- Employee Count: 30 as on Oct 31, 2024
- Investors: Ideaspring Capital, Ferrana and 25 Others
- Latest Funding Round: Series A, Jan 14, 2026, $*****
2. Worxogo
Sales enablement platform that leverages artificial intelligence to boost team productivity and performance. This platform uses AI to analyze team behavior and provide personalized nudges to improve work habits and boost productivity. It offers insights into team motivation and performance, enabling managers to provide more effective coaching. The platform integrates with CRM and analytics data for actionable insights, helping build better habits and drive team action. It provides tools for reps, managers, and business leaders to enhance individual and organizational performance, oganization-wide insights into performance behaviors and managerial styles, data visualization, dashboards, and reports for real-time workforce management.
Key facts about Worxogo
3. BluJ Aero
Manufacturer of aircraft. They specialize in designing and development of aircraft with vertical take off and landing capabilities with features like hydrogen powered propulsion systems.
Key facts about BluJ Aero
- Founded Year: 2022
- Location: Hyderabad (India)
- Annual Revenue: ₹67.4L as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $2.25M
- Employee Count: 33 as on Jun 30, 2025
- Investors: Endiya Partners, Rainmatter and 3 Others
- Latest Funding Round: Seed, May 08, 2023, $*****
- Highlight: Editors' Pick
Ahammune Biosciences is developing small molecule-based therapeutics for the treatment of skin diseases. The company is developing therapeutics for immune-mediated diseases of the skin, with a current focus on the depigmenting disorder, Vitiligo. The drugs help in inducing repigmentation of depigmented patches.
Key facts about Ahammune Biosciences Private Limited
- Founded Year: 2016
- Location: Pune (India)
- Annual Revenue: ₹1.17Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $8.02M
- Employee Count: 54 as on Apr 30, 2025
- Investors: Kotak Mahindra Bank, Haystack and 69 Others
- Latest Funding Round: Series A, Sep 25, 2024, $*****
- Highlight: Editors' Pick
Provider of electromagnetic analysis and simulation tools for design validation. It enables users to detect the early-stage failure of electronic components and optimize their performance. Its features include electromagnetic analysis technology, learning-based fast re-simulation, diagnosis technology, and hardware acceleration and matrix compression. It offers a virtual EMI/EMC laboratory that allows designers to validate and improve their hardware at an early stage of product development by uploading their design files.
Key facts about SimYog Technology
- Founded Year: 2017
- Location: Bengaluru (India)
- Annual Revenue: ₹8.94Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $3.99M
- Employee Count: 27 as on Aug 31, 2025
- Investors: Bosch, Foundation for Science Innovation and Development and 7 Others
- Latest Funding Round: Series A, Dec 14, 2023, $*****
- Highlight: Editors' Pick
Ideaspring Capital's Year-on-Year Investment Trends
Ideaspring Capital has invested in 30 companies over the last 9 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 4 investments, while as of Feb 2026, it has made 2 investments in this year. Its most recent first time investment was in LatentForce.ai and most recent follow-on round was in Litemed.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 2 | 2 |
2025 | 3 | 1 | 4 |
2024 | 5 | 2 | 7 |
2023 | 4 | 1 | 5 |
2022 | 1 | 2 | 3 |
2021 | 3 | 2 | 5 |
2020 | 1 | 3 | 4 |
2019 | 3 | 1 | 4 |
2018 | 5 | 1 | 6 |
2017 | 4 | 0 | 4 |
Ideaspring Capital's Investments by Stage
Ideaspring Capital has made 27 investments in Seed stage with an average round size of $1.57M, 1 investment in Series A stage with an average round size of $2.23M and 1 investment in Unattributed stage with an average round size of $524K.Stage of entry | No. of Investments |
|---|---|
Seed | 27 |
Series A | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Ideaspring Capital's Investments by Sector
Ideaspring Capital has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Enterprise Infrastructure, Life Sciences and Sustainability Tech. Notably, it has invested in 29 Tech companies, 28 Enterprise (B2B) companies, 22 Software companies and at least 11 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 19 |
High Tech | 14 |
Enterprise Infrastructure | 6 |
Life Sciences | 6 |
Sustainability Tech | 5 |
Others | 38 |
Note: We have considered here, only first round of investments
Ideaspring Capital's Investments by Geography
Ideaspring Capital has made most investments in India (24), followed by United States where it has made 6 investments.Country | No. of Investments |
|---|---|
India | 24 |
United States | 6 |
Note: We have considered here, only first round of investments
Ideaspring Capital's recent investments
Ideaspring Capital has made 2 investments in 2026 so far - Litemed and GrowthPal.Here are the most recent investments by Ideaspring Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 10, 2026 | India | Seed | 3416 | [+1] | |
Jan 14, 2026 | United States | Series A | 8805 | - | |
Dec 19, 2025 | India | Seed | 2872 | ||
Jul 18, 2025 | India | Seed | 6099 | ||
Jun 18, 2025 | India | Seed | 1569 | [+1] |
Acquired companies in Ideaspring Capital's Portfolio
4 companies from Ideaspring Capital's portfolio have been acquired. The most recent acquisition were Bewgle in Sep 2023 by Acceldata.Here are Ideaspring Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 19, 2023 | Jul 02, 2019 | Seed | 9712 | |
Aug 04, 2021 | Mar 24, 2017 | Seed | 9441 | |
Jun 15, 2020 | Jul 12, 2018 | Seed | 3955 | |
Jun 01, 2018 | May 10, 2017 | Seed | 5029 |
Team profile of Ideaspring Capital
Ideaspring Capital has a team of 15 members including 6 Partners located in India and United States. Ideaspring Capital's team sits on the board of 15 companies.Here is a list of top team members in Ideaspring Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | - | |
Partner | Bengaluru | |||
Partner | - | MathCo, BabyChakra and 5 more | ||
Partner | Mumbai | - | - | |
Partner | Bengaluru | - | ||
Partner | Bengaluru | - | - |
Co-investors of Ideaspring Capital
Over the past 9 years, 306 investors have co-invested in Ideaspring Capital's portfolio companies. This includes funds and angels.
- Invested before Ideaspring Capital: Anirban Lahiri, Techstars and 155 others have invested in rounds before Ideaspring Capital. There are 2 companies where Anirban Lahiri has invested before Ideaspring Capital and 2 companies where Techstars has invested before Ideaspring Capital.
- Top Co-investors of Ideaspring Capital: 97 investors entered a company along with Ideaspring Capital. These include investors like Jigar Harish Mehta (2 companies).
- Invested after Ideaspring Capital: A total of 52 investors have invested in Ideaspring Capital's portfolio after their investments. Top Investors include Suneel Aiyar (1 company), BIRAC (1 company) and pi Ventures (1 company).
Recent News related to Ideaspring Capital
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Healthtech Startup CURAPOD Raises Rs 20 Cr Led by V3 VenturesViestories•Feb 10, 2026•3i Partners, V3 Ventures, Ideaspring Capital, and 1 other
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GrowthPal Secures $2.6M Funding to Revolutionize M&A with AIGlobeNewswire•Jan 14, 2026•GrowthPal, Ideaspring Capital, HubSpot, Intercom and 3 others
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India’s pharma funding falls by over 90% YoY in April 2025
Express Pharma•Jun 02, 2025•SRV Hospitals, HexaHealth, Mosaic Wellness, 3one4 Capital and 4 others
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Tvaster Genkalp secures $1.25 M funding to advance liquid biopsy cancer diagnosticsBioSpectrum India•Apr 01, 2025•Tvaster Genkalp, Invigo, Ideaspring Capital
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Pune-based Ahammune Biosciences raises $5 million in a Series A roundIndian Startup News•Sep 25, 2024•Ahammune Biosciences Private Limited, pi Ventures, Capital 2B, Colossa Ventures and 5 others
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ClearTrust raises $1.9 Mn in pre-Series A roundEntrackr•Jan 29, 2024•ClearTrust, Ideaspring Capital, Piper Serica, Alacrity and 3 others
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Mela Ventures leads Rs 20 Cr round in SimYogEntrackr•Dec 14, 2023•SimYog Technology, Mela Ventures, 1Crowd, Ideaspring Capital and 3 others
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Drone tech startup Okulo Aerospace raises pre-seed roundEntrackr•Jul 11, 2023•Okulo Aerospace, Java Capital, , Ideaspring Capital and 1 other
