About Kstart
Kstart is a venture capital firm founded in 2016. It is primarily based out of Bengaluru, India. As of Dec 2018, Kstart has invested in 19 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 High Tech and Consumer. Most recently it participated in the $***** Seed round of Wysh Overall, Kstart portfolio has seen 5 acquisitions including key companies like Parablu, Square Off and Perpule. A lot of funds co-invest with Kstart, with names like Wellfound sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
Portfolio Soonicorns
Kstart's List of Top Investments
Kstart has a portfolio of 19 companies. Their most notable investments are in Wysh and Perpule.Their portfolio spans across India, United States and Singapore. They have invested in Enterprise Applications, High Tech, Consumer and 13 other sectors, across stages such as Seed stage. Here is the list of top investments by Kstart:1. WinZO
Digital platform offering a wide range of online games with monetization options and social features. It is a social gaming and interactive entertainment platform originating from India, offering a wide variety of games and interactive experiences.
Key facts about WinZO
- Founded Year: 2018
- Location: Delhi (India)
- Annual Revenue: ₹691Cr as on Mar 31, 2023
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $92M
- Employee Count: 178 as on Jul 01, 2024
- Investors: Makers Fund, Kalaari Capital and 27 Others
- Latest Funding Round: Series C, Apr 12, 2021, $*****
- Highlight: Editors' Pick
2. RED.Health
Provider of emergency medical transportation and ambulance services. It also offers medical assistance and workplace safety in commercial parks, pharmaceutical plants, manufacturing plants, construction sites, and data centres. It also manages medical emergencies at large-scale events like sports events or concerts.
Key facts about RED.Health
- Founded Year: 2016
- Location: Hyderabad (India)
- Annual Revenue: 1.09B SGD as on Mar 31, 2024
- Stage: Series B
- Total Funding till date: $32M
- Employee Count: 1,275 as on May 31, 2025
- Investors: 108 Capital, Kalaari Capital and 47 Others
- Latest Funding Round: Conventional Debt, May 15, 2024, $*****
- Highlight: Editors' Pick
3. Parablu
Platform offering data security and backup solutions for enterprises. It provides solution that protects and enhances data security against ransomware and other threats. It offers a range of data protection and backup solutions, including endpoint backup, managed file transfer, and server backup, designed to enhance data security, reliability, and compliance for enterprises.
Key facts about Parablu
- Founded Year: 2014
- Location: San Francisco (United States)
- Annual Revenue: ₹6.89Cr as on Mar 31, 2024
- Stage: Acquired
- Total Funding till date: $1.5M
- Employee Count: 36 as on Sep 30, 2023
- Investors: Kstart and Inflection Point Ventures
- Latest Funding Round: Seed, Nov 30, 2021, $*****
- Highlight: Acquired
4. Affordplan
Platform that enables healthcare financial planning access to families. It offers a platform that enables financial planning for healthcare access to a family with features include savings and financial planning solutions such as online payments, developing savings options, pick-up services, and enrollment, among others. The platform offers insights to access demographics, redeem benefits, and consultation services.
Key facts about Affordplan
- Founded Year: 2016
- Location: Gurugram (India)
- Annual Revenue: ₹10.8Cr as on Mar 31, 2023
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $13.6M
- Employee Count: 332 as on Aug 31, 2025
- Investors: Unitary Helion, Kalaari Capital and 7 Others
- Latest Funding Round: Series B, Mar 29, 2018, $*****
- Highlight: Editors' Pick
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5. Deftouch
Deftouch is an independent mobile game development studio that specializes in developing multiplayer sports games. One of the games developed by the company is "RCB Star Cricket" in co-operation with Nazara Games. It develops games for Android and iOS devices. Monetizes through display advertisements and in-app purchases.
Key facts about Deftouch
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹5.19Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $2.17M
- Employee Count: 8 as on Aug 31, 2025
- Investors: Kalaari Capital, Kstart and 9 Others
- Latest Funding Round: Seed, Oct 09, 2024, $*****
- Highlight: Editors' Pick
Kstart's Year-on-Year Investment Trends
Kstart has invested in 19 companies over the last 10 years, with an average of 2 new investments annually in the last 10 years. Its most recent first time investment was in Wysh.Kstart's Investments by Stage
Kstart has made 18 investments in Seed stage with an average round size of $780K.Kstart's Investments by Sector
Kstart has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, FinTech and High Tech. Notably, it has invested in 18 Tech companies, 12 Consumer (B2C) companies, 10 Software companies and at least 9 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Consumer | 7 |
Enterprise Applications | 6 |
Retail | 5 |
FinTech | 3 |
High Tech | 3 |
Others | 22 |
Note: We have considered here, only first round of investments
Kstart's Investments by Geography
Kstart has made most investments in India (14), followed by United States where it has made 4 investments.Country | No. of Investments |
|---|---|
India | 14 |
United States | 4 |
Singapore | 1 |
Note: We have considered here, only first round of investments
Kstart's recent investments
Kstart has not made any investment in 2026 so far.Here are the most recent investments by Kstart:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 31, 2018 | India | Seed | 3567 | [+4] | |
Dec 31, 2018 | India | Seed | 3674 | [+7] | |
Dec 31, 2018 | India | Seed | 8624 | [+3] | |
Dec 21, 2018 | India | Seed | 8372 | [+3] | |
Sep 09, 2018 | India | Seed | 8752 |
Acquired companies in Kstart's Portfolio
5 companies from Kstart's portfolio have been acquired. The most recent acquisition were Parablu in Oct 2024 by Crashplan.Here are Kstart's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 08, 2024 | Jun 23, 2016 | Seed | 8786 | |
Oct 05, 2022 | May 17, 2018 | Seed | 4115 | |
Jun 02, 2022 | Dec 20, 2017 | Seed | 8836 | |
Apr 05, 2022 | May 04, 2016 | Seed | 2652 | |
Mar 31, 2021 | Mar 28, 2017 | Seed | 8487 |
Co-investors of Kstart
Over the past 10 years, 202 investors have co-invested in Kstart's portfolio companies. This includes funds and angels.
- Invested before Kstart: Whiteboard Capital, and 15 others have invested in rounds before Kstart. There are 3 companies where Whiteboard Capital has invested before Kstart and 2 companies where has invested before Kstart.
- Top Co-investors of Kstart: 31 investors entered a company along with Kstart. These include investors like Wellfound (4 companies).
- Invested after Kstart: A total of 154 investors have invested in Kstart's portfolio after their investments. Top Investors include Kalaari Capital (9 companies), Prime Venture Partners (2 companies) and Angel List (2 companies).
Recent News related to Kstart
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Medical transportation startup StanPlus raises pre-Series A fundingVCCircle•Mar 16, 2020•StanPlus, Pegasus, Baytree, Hyderabad Angels and 4 others
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Square Off Checkmates Old-Style Chess With Its AI Moves, Raises $1.1 MnInc42•Nov 30, 2018•Square Off, Kstart, India Quotient, RB Investments and 1 other
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Perpule raises $4.7 mn from Prime Venture, Kalaari, Venture HighwayIndiatimes•Nov 14, 2018•Perpule, Kalaari Capital, Prime Venture Partners, Venture Highway and 2 others
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Stanplus Raises Usd 1.1 Million Funding Led By Kstart Capital (Kalaari), Insead Angels (Asia)Start-Up Hyderabad•Dec 06, 2017•Stanplus, Kstart, INSEAD Angels Asia
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Faasos' Revant Bhate to join Kalaari's Kstart as partnerIndiatimes•Nov 09, 2017•Kstart, Kalaari Capital
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StanPlus raises $1.1 million from Kalaari Capital, INSEAD Angels Asia - LivemintLivemint•Oct 12, 2017•Stanplus, StanPlus, Kstart, Kalaari Capital and 1 other
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Kstart invests in AI-based chatbot startup Vernacular.aiIndiatimes•May 15, 2017•Kstart, Vernacular.ai
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Fintech startup Perpule raises $650k from Kstart CapitalIndiatimes•Mar 28, 2017•Perpule, On Purple, Venture Highway, Kstart and 1 other
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Kalaari Capital’s Kstart Invests In Advenio, And Rental Marketplace GuarentedInc42•Aug 24, 2016•Kalaari Capital, Advenio TecnoSys, Kstart, Active AI and 1 other
