About Kalpataru
Kalpataru is a venture capital firm founded in 2005. It is primarily based out of Ebene City, Mauritius. As of Jul 2025, Kalpataru 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 Enterprise Applications to Retail and Consumer. Most recently it participated in the $***** Seed round of Famyo Overall, Kalpataru portfolio has seen 1 IPO and 1 acquisition, namely Silvan and FinanceBuddha. A lot of funds co-invest with Kalpataru, with names like TCA sharing a substantial percentage of its portfolio. Kalpataru has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio IPOs
Portfolio Acquisitions
Kalpataru's List of Top Investments
Kalpataru has a portfolio of 31 companies. Their most notable investments are in Conyct and School Diary.Their portfolio spans across India, United Kingdom and United States. They have invested in Enterprise Applications, Retail, Consumer and 17 other sectors, across stages such as Seed stage. Here is the list of top investments by Kalpataru:_1578648263290.png?format=webp&height=120&width=120)
1. STAGE
Provider of Indian movies, web series and originals. It offers a variety of content in different languages such as Haryanvi, Rajasthani, Bhojpuri, and Gujarati. The platform provides access to a wide selection of movies and shows across genres like drama, romance, thriller, and comedy.
Key facts about STAGE
- Founded Year: 2019
- Location: Delhi (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $23.7M
- Employee Count: 109 as on Aug 31, 2025
- Investors: GrowthStory, NB Ventures and 203 Others
- Latest Funding Round: Series B, Dec 13, 2024, $*****
- Highlight: Editors' Pick
Provider of commercial solar installations and hybrid energy solutions. It offers design, turnkey execution, servicing and financial structuring of captive solar assets. Its customers include educational institutions, banks, petrol pumps and residential complexes. It also provides products including pumps, lanterns, street light systems and others.
Key facts about Fourth Partner Energy
- Founded Year: 2010
- Location: Hyderabad (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $531M
- Employee Count: 463 as on Jul 31, 2025
- Investors: Triodos Investment Management, The Rise Fund and 37 Others
- Latest Funding Round: Conventional Debt, Nov 03, 2025, $*****

3. TrulyMadly
Operator of a platform facilitating connections between individuals seeking relationships. The platform offers features such as profile verification and compatibility quizzes. It provides a space for individuals to connect, chat, and potentially form lasting relationships. The platform is committed to user safety and security.
Key facts about TrulyMadly
- Founded Year: 2013
- Location: Delhi (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $9.29M
- Employee Count: 59 as on Sep 30, 2026
- Investors: Helion Venture Partners, Kalysta Capital and 62 Others
- Latest Funding Round: Seed, Apr 2022, $*****
- Highlight: Editors' Pick
4. Silvan
Developer of home security and automation products. Home automation solutions, hotel room automation solutions along with custom product development to meet safety, security, and task automation needs. Has developed a mobile jukebox system to download content (music and video) onto handheld players and a low-power camera for embeddeding in expensive equipment. Clients include Lodha, Total Environment, Tata Housing, Texas Instruments among others. Raised $520k from Chennai Angels in Jan 2016. Raised $900k from Infuse Ventures in Jun 2016.
Key facts about Silvan
- Founded Year: 2008
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $5.75M
- Employee Count: 25 as on May 31, 2026
- Investors: Samsung Venture Investment, Aeroflex Enterprises and 99 Others
- Latest Funding Round: Seed, Jun 28, 2019, $*****
- Highlight: Acquired
Provider of a loan matching service for personal and business loans. This service connects borrowers with various banks and non-banking financial companies (NBFCs) to facilitate loan applications. The platform aims to simplify the loan application process by offering access to multiple lenders in a single location. It provides a centralized point for individuals seeking financing options for personal or business needs. The service assists in finding suitable loan products based on individual requirements.
Key facts about FinanceBuddha
- Founded Year: 2012
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $576K
- Employee Count: 140 as on Aug 31, 2025
- Investors: Lucky Investment Managers, Kalpavriksh Fund and 38 Others
- Latest Funding Round: Angel, Jan 04, 2021, $*****
- Highlight: Public
Kalpataru's Year-on-Year Investment Trends
Kalpataru has invested in 31 companies over the last 14 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in Famyo and most recent follow-on round was in Nojoto.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 0 | 1 | 1 |
2022 | 3 | 0 | 3 |
2021 | 3 | 1 | 4 |
2020 | 5 | 2 | 7 |
2019 | 1 | 0 | 1 |
2018 | 1 | 0 | 1 |
Kalpataru's Investments by Stage
Kalpataru has made 21 investments in Seed stage with an average round size of $713K.Kalpataru's Investments by Sector
Kalpataru has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, Food and Agriculture Tech and High Tech. Notably, it has invested in 26 Tech companies, 19 Consumer (B2C) companies, 15 Enterprise (B2B) companies and at least 14 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 10 |
Retail | 7 |
Enterprise Applications | 5 |
Food and Agriculture Tech | 4 |
High Tech | 4 |
Others | 27 |
Note: We have considered here, only first round of investments
Kalpataru's Investments by Geography
Kalpataru has made most investments in India (21).Kalpataru's recent investments
Kalpataru has not made any investment in 2026 so far.Here are the most recent investments by Kalpataru:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 03, 2025 | India | Seed | 8535 | [+21] | |
Jul 21, 2023 | India | Series A | 9826 | [+26] | |
Jun 22, 2022 | India | Seed | 6197 | [+31] | |
May 10, 2022 | India | Seed | 7449 | ||
Jan 03, 2022 | India | Seed | 6461 | [+42] |
IPOs and Publicly Listed companies in Kalpataru's Portfolio
1 of Kalpataru's portfolio company became public - FinanceBuddha. It got listed on the National Stock Exchange (NSE), in Nov 2025 at marketcap of $30.5MHere are Kalpataru's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 13, 2025 | Feb 20, 2016 | Seed | 5786 |
Acquired companies in Kalpataru's Portfolio
1 company from Kalpataru's portfolio has been acquired. The most recent acquisition was Silvan in Jun 2021 by Polycab for $*****.Here are Kalpataru's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 18, 2021 | Jan 21, 2016 | Seed | 4377 |
Team profile of Kalpataru
Kalpataru has a team of 1 member located in Singapore. Kalpataru's team does not sit on the board of any company as of now.Co-investors of Kalpataru
Over the past 14 years, 1305 investors have co-invested in Kalpataru's portfolio companies. This includes funds and angels.
- Invested before Kalpataru: LVX, Chandu Nair and 318 others have invested in rounds before Kalpataru. There are 3 companies where LVX has invested before Kalpataru and 3 companies where Chandu Nair has invested before Kalpataru.
- Top Co-investors of Kalpataru: 634 investors entered a company along with Kalpataru. These include investors like TCA (11 companies).
- Invested after Kalpataru: A total of 351 investors have invested in Kalpataru's portfolio after their investments. Top Investors include Beacon Trusteeship (4 companies), Infuse Ventures (2 companies) and Aeroflex Enterprises (2 companies).
Recent News related to Kalpataru
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