About Naandi Ventures
Naandi Ventures is a venture capital firm founded in 2023. It is primarily based out of San Francisco, United States. As of May 2026, Naandi Ventures is an active investor, having invested in 9 companies, with 4 new investments in the last 12 months. It primarily invests in Angel round in India based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and HealthTech. Most recently it participated in the $***** Seed round of Apollyon Dynamics Overall, Naandi Ventures portfolio has seen 1 IPO, namely Groww. DST co-invest with Naandi Ventures, sharing a substantial percentage of its portfolio. Naandi Ventures has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Angel, Seed & 1 more
Portfolio IPOs
Portfolio Soonicorns
Deals in last 12 months
Naandi Ventures' List of Top Investments
Naandi Ventures has a portfolio of 9 companies. Their most notable investments are in Spinlaunch and RACE.Their portfolio spans across India and United States. They have invested in Enterprise Applications, High Tech, HealthTech and 9 other sectors, across stages such as Angel, Seed and 1 more. Here is the list of top investments by Naandi Ventures:1. Groww
Provider of digital brokerage services for stocks and mutual funds. This platform facilitates the purchase and sale of equity shares, exchange traded funds, and direct mutual fund schemes. It provides tools for tracking market indices, monitoring portfolio performance, and executing trades through an integrated interface. Users access analytical data, including price charts and financial indicators, to manage investment positions and systematic investment plans. The service supports margin trading facilities and commodity trading options.
Key facts about Groww
- Founded Year: 2016
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $596M
- Employee Count: 1,415 as on Jun 30, 2025
- Investors: GIC, Lone Pine Capital and 25 Others
- Latest Funding Round: Series F, Jun 13, 2025, $*****
- Highlight: Public
2. Seclore
Provider of data-centric security software for preventing data theft and compliance. The platform facilitates discovery, classification, protection, monitoring, and tracking of sensitive digital assets. It offers digital asset classification, enterprise digital rights management, and risk insights. The platform provides APIs, SDKs, and email encryption. It integrates with data loss prevention, cloud access security brokers, and SIEM tools.
Key facts about Seclore
- Founded Year: 2008
- Location: Mumbai (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $51.8M
- Employee Count: 332 as on Aug 31, 2025
- Investors: Helion Venture Partners, Trifecta Capital and 39 Others
- Latest Funding Round: Series D, Oct 15, 2025, $*****
- Highlight: Editors' Pick
3. NSE
Operator of a stock exchange platform facilitating the trading of equity, derivatives, and debt instruments. This entity provides infrastructure for market participants to engage in the buying and selling of financial securities. It manages clearing and settlement processes to ensure the integrity of transactions across various asset classes. The platform supports the listing of companies and offers tools for market data analysis and investor education. Through its electronic systems, it enables the execution of trades and maintains regulatory oversight to promote fair and transparent market operations.
Key facts about NSE
- Founded Year: 1992
- Location: Mumbai (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Stage: Seed
- Total Funding till date: $368M
- Employee Count: 2,159 as on Mar 31, 2026
- Investors: Cipher International, Goldman Sachs and 78 Others
- Latest Funding Round: Unattributed, Jan 2025, $*****
4. RACE
Provider of battery swapping and electric vehicle infrastructure solutions. It offers modular swappable battery systems designed for EVs. The platform supports rapid energy exchange through a distributed swap network, enabling continuous vehicle operation with reduced downtime compared to traditional charging methods. It also provides supporting ecosystem services such as swap station deployment, fleet integration, franchise models, and investment participation in clean mobility infrastructure. The system is focused on improving EV operational efficiency, range continuity, and scalability of electric transport networks.
Key facts about RACE
- Founded Year: 2019
- Location: Hyderabad (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $5.26M
- Employee Count: 23 as on Jun 30, 2025
- Investors: Merak Ventures, Prophetic Ventures and 29 Others
- Latest Funding Round: Seed, 2025, $*****
- Highlight: Editors' Pick
Developer of autonomous strike platforms for advanced tactical defense operations. These systems utilize integrated sensor arrays and automated navigation protocols to execute precision maneuvers. The technology supports remote engagement capabilities for complex environments. Engineering efforts focus on hardware reliability and software stability for mission-critical applications. Each unit functions through decentralized command structures to maintain operational continuity during deployment. The architecture prioritizes system responsiveness and target acquisition accuracy. These platforms provide specialized capabilities for modern security requirements.
Key facts about Apollyon Dynamics
- Founded Year: 2025
- Location: Hyderabad (India)
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $885K
- Employee Count: 13 as on Jul 31, 2026
- Investors: Infinyte Club, Pilani Innovation Entrepreneurship Development and 6 Others
- Latest Funding Round: Seed, Jun 05, 2026, $*****
Naandi Ventures' Year-on-Year Investment Trends
In 2025, it made 4 investments, while as of May 2026, it has made 1 investment in this year. Its most recent first time investment was in Seclore and most recent follow-on round was in Apollyon Dynamics.Naandi Ventures' Investments by Stage
Naandi Ventures has made 4 investments in Angel stage, 2 investments in Seed stage and 1 investment in Series D stage.Stage of entry | No. of Investments |
|---|---|
Angel | 4 |
Seed | 2 |
Series D | 1 |
Note: We have considered here, only first round of investments
Naandi Ventures' Investments by Sector
Naandi Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Aerospace, Maritime and Defense Tech, Artificial Intelligence - Industry Applications and Auto Tech. Notably, it has invested in 8 Enterprise (B2B) companies, 7 Tech companies, 4 Saas companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
High Tech | 3 |
Aerospace, Maritime and Defense Tech | 1 |
Artificial Intelligence - Industry Applications | 1 |
Auto Tech | 1 |
Others | 8 |
Note: We have considered here, only first round of investments
Naandi Ventures' Investments by Geography
Naandi Ventures has made most investments in India (4), followed by United States where it has made 4 investments.Country | No. of Investments |
|---|---|
India | 4 |
United States | 4 |
Note: We have considered here, only first round of investments
Naandi Ventures' recent investments
Naandi Ventures has made 1 investments in 2026 so far - Apollyon Dynamics.Here are the most recent investments by Naandi Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 05, 2026 | India | Seed | 1974 | [+2] | |
2025 | India | Series D | 8239 | - | |
2025 | India | Seed | 3969 | - | |
2025 | India | Angel | 1048 | - | |
2025 | United States | Angel | 6607 | - |
IPOs and Publicly Listed companies in Naandi Ventures' Portfolio
1 of Naandi Ventures' portfolio company became public - Groww. It got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Nov 2025 at marketcap of $6.97BHere are Naandi Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 12, 2025 | - | - | 3161 |
Team profile of Naandi Ventures
Naandi Ventures has a team of 1 member located in India. Naandi Ventures' team does not sit on the board of any company as of now.Co-investors of Naandi Ventures
Over the past 2 years, 64 investors have co-invested in Naandi Ventures's portfolio companies. This includes funds and angels.
- Invested before Naandi Ventures: Trifecta Capital, Helion Venture Partners and 54 others have invested in rounds before Naandi Ventures. There is 1 company where Trifecta Capital has invested before Naandi Ventures and 1 company where Helion Venture Partners has invested before Naandi Ventures.
- Top Co-investors of Naandi Ventures: DST entered a company along with Naandi Ventures.
- Invested after Naandi Ventures: A total of 7 investors have invested in Naandi Ventures's portfolio after their investments. Top Investors include Tenacity Ventures (1 company), Skyroot (1 company) and Dhruva Space (1 company).
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