About Montane Ventures
Montane Ventures is a venture capital firm founded in 2015. It is primarily based out of Mumbai, India. As of Jun 2021, Montane Ventures has invested in 7 companies. It primarily invests in Series B round in India based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Life Sciences. Most recently it participated in the $***** Series B round of Remidio Overall, Montane Ventures portfolio has seen 1 IPO and 1 acquisition, namely SEDEMAC and GreyAtom. Ritesh Arora co-invest with Montane Ventures, sharing a substantial percentage of its portfolio. Montane Ventures has team of 4 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Montane Ventures' List of Top Investments
Montane Ventures has a portfolio of 7 companies. Their most notable investments are in Remidio and Remidio.Their portfolio spans across India and United States. They have invested in Enterprise Applications, FinTech, Life Sciences and 4 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Montane Ventures:
1. SEDEMAC
Manufacturer of motor vehicle parts and systems. Its product portfolio includes sensorless integrated starter generators, ECUs for fuel injection, smart ignition, voltage regulators, battery management systems, connectivity devices, generator controllers, and battery chargers. It supplies critical-to-the-application control products in large volumes, from in-house lines, to leaders of large markets.
Key facts about SEDEMAC
- Founded Year: 2007
- Location: Pune (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $26.2M
- Employee Count: 518 as on May 31, 2026
- Investors: 360 One, Iron Pillar and 25 Others
- Latest Funding Round: Angel, Sep 01, 2025, $*****
- Highlight: Public
2. Remidio
Developer of AI-powered portable digital solutions for ophthalmic screening and diagnosis. It offers AI based portable retinal imaging devices and ophthalmic tools that help detect eye diseases such as diabetic retinopathy, glaucoma, and age-related macular degeneration (AMD). The devicea are alo integrated with Telehealth and cloud-based platforms for remote review, enabling screenings in diverse settings including primary care, outreach clinics, and rural areas.
Key facts about Remidio
- Founded Year: 2009
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $25M
- Employee Count: 168 as on Aug 31, 2025
- Investors: IKP Knowledge Park, KITVEN and 32 Others
- Latest Funding Round: Series B, Feb 19, 2023, $*****
- Highlight: Editors' Pick
3. Healthi
Provider of employee benefits platform for health and wellness programs. The platform enables organizations to offer healthcare benefits to employees. It facilitates access to healthcare services through a network of providers. The platform also offers tools for claims management, health tracking, and reporting.
Key facts about Healthi
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: $1M - $10M as on Mar 31, 2022
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $3.1M
- Employee Count: 67 as on Feb 28, 2026
- Investors: Montane Ventures, kynventures and 11 Others
- Latest Funding Round: Series A, Feb 06, 2018, $*****
- Highlight: Editors' Pick
Developer of a system for preserving the tumor microenvironment. It offers anthropic biological systems, data, and Artificial Intelligence platform to capture the complexity of human tumors and autologous blood samples which are cultured to preservice the microenvironment, tumor architecture and immune cell compartment to conduct ex vivo evaluation of tumor response to drug treatment.
Key facts about Farcast Biosciences
- Founded Year: 2009
- Location: Madison (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $88.1M
- Employee Count: 48 as on Jul 31, 2026
- Investors: Sequoia Capital, Accel and 32 Others
- Latest Funding Round: Series C, Jul 11, 2018, $*****
- Highlight: Editors' Pick
5. Hybrent
Provider of web-based inventory management software. It creates a mobile supply chain hub that provides surgery centers, imaging centers, and large physician practices with a one-stop shop for all their supplies. Instead of going to multiple different websites to order products from suppliers, the Hybrent platform allows buyers to order medical, office, and pharma supplies from one mobile or web app. The platform also provides real-time visibility on supply spend per location as well as per physician. This helps with expense control, efficiency, and maintaining contract compliance. Owners of these centers can now maintain the standardization of products across various facilities.
Key facts about Hybrent
- Founded Year: 2012
- Location: Chicago (United States)
- Stage: Seed
- Total Funding till date: $2.75M
- Employee Count: 45 as on Dec 31, 2021
- Investors: Village Capital, Blume Venture and 2 Others
- Latest Funding Round: Seed, Mar 08, 2017, $*****
- Highlight: Editors' Pick
Montane Ventures' Year-on-Year Investment Trends
Its most recent first time investment was in GreyAtom and most recent follow-on round was in Remidio.Montane Ventures' Investments by Stage
Montane Ventures has made 1 investment in Seed stage with an average round size of $1.2M, 1 investment in Series A stage with an average round size of $3.1M and 1 investment in Series B stage with an average round size of $1.33M.Stage of entry | No. of Investments |
|---|---|
Seed | 1 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Montane Ventures' Investments by Sector
Montane Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, HealthTech, Vertical SaaS, EdTech and Life Sciences. Notably, it has invested in 6 Enterprise (B2B) companies, 6 Tech companies, 5 Software companies and at least 3 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
HealthTech | 2 |
Vertical SaaS | 2 |
EdTech | 1 |
Life Sciences | 1 |
Note: We have considered here, only first round of investments
Montane Ventures' Investments by Geography
Montane Ventures has made most investments in India (3).Montane Ventures' recent investments
Montane Ventures has not made any investment in 2026 so far.Here are the most recent investments by Montane Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 29, 2021 | India | Series B | 6014 | [+14] | |
Dec 12, 2019 | India | Series B | 1844 | [+1] | |
Aug 29, 2019 | India | Seed | 5148 | [+1] | |
May 28, 2018 | India | Series B | 7875 | - | |
Feb 06, 2018 | India | Series A | 7618 | - |
IPOs and Publicly Listed companies in Montane Ventures' Portfolio
1 of Montane Ventures' portfolio company became public - SEDEMAC. It got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Mar 2026 at marketcap of $650MHere are Montane Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 11, 2026 | - | - | 5843 |
Acquired companies in Montane Ventures' Portfolio
1 company from Montane Ventures' portfolio has been acquired. The most recent acquisition was GreyAtom in Jan 2022 by BrowserStack for $*****.Here are Montane Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 10, 2022 | Aug 29, 2019 | Seed | 7729 |
Team profile of Montane Ventures
Montane Ventures has a team of 4 members including 3 Partners and 1 Principal located in India. Montane Ventures' team sits on the board of 1 company.Here is a list of all team members in Montane Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mumbai | - | - | |
Partner | India | - | - | |
Partner | India | - | - | |
Principal | Mumbai | - |
Co-investors of Montane Ventures
Over the past 8 years, 28 investors have co-invested in Montane Ventures's portfolio companies. This includes funds and angels.
- Invested before Montane Ventures: Cipher-Plexus, Venkatesh V and 8 others have invested in rounds before Montane Ventures. There is 1 company where Cipher-Plexus has invested before Montane Ventures and 1 company where Venkatesh V has invested before Montane Ventures.
- Top Co-investors of Montane Ventures: Ritesh Arora entered a company along with Montane Ventures.
- Invested after Montane Ventures: A total of 17 investors have invested in Montane Ventures's portfolio after their investments. Top Investors include Pureland Group (1 company), Yongfah Capital (1 company) and Kavya Ventures (1 company).
Recent News related to Montane Ventures
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Healthcare startup healthi raises $3.1Mn led by Montane VenturesIndiatimes•Feb 06, 2018•Healthi, Montane Ventures, Healthi,
