About NVCL
NVCL is a venture capital firm founded in 2016. It is primarily based out of Guwahati, India. As of Oct 2024, NVCL has invested in 11 companies. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from Consumer to Enterprise Applications and Retail. Most recently it participated in the $***** Seed round of AVGARDE A lot of funds co-invest with NVCL, with names like IIT Indore sharing a substantial percentage of its portfolio. NVCL has team of 8 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
NVCL's List of Top Investments
NVCL has a portfolio of 11 companies. Their most notable investments are in My3dSelfie and Automovill.Their portfolio spans across India and United Kingdom. They have invested in Consumer, Enterprise Applications, Retail and 10 other sectors, across stages such as Seed stage. Here is the list of top investments by NVCL:
1. Mobilab
Provider of software defined cloud integration solutions for healthcare. It offer a multi-parameter POCT device called Mobilab V1, providing Vital 10 tests for Kidney, Liver, Heart, and Hematology. It has been integrated into digital telemedicine platform, allowing remote consultations between doctors and patients.
Key facts about Mobilab
- Founded Year: 2018
- Location: Noida (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $678K
- Employee Count: 22 as on Aug 31, 2025
- Investors: BIRAC, Pilani Innovation Entrepreneurship Development and 13 Others
- Latest Funding Round: Seed, May 27, 2023, $*****
2. Notify
Provider of a cloud-based workplace safety platform for employees. The company provides employee communication solutions. It offers NotifyIt, which is a near-miss reporting app, available for Apple and Android devices, helping employees to track near-misses and incidents in the workplace. The report can be annotated with photos and location tags. The company also provides software solutions for incident management and audit & inspections. The company provides an inbuilt dashboard for reporting and viewing incidents. Employees can report an incident based on their location, type of incident, and more using the app-based platform.
Key facts about Notify
- Founded Year: 2017
- Location: Wallsend (United Kingdom)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $6.75M
- Employee Count: 21 as on Mar 31, 2025
- Investors: Calculus Capital, Mercia and 8 Others
- Latest Funding Round: Series A, Jan 31, 2025, $*****
- Highlight: Editors' Pick
3. Automovill
AutoMovill is an online B2C aggregator of auto repair & maintenance services. It is a hyperlocal search engine for vehicular need fulfillment, bridging the gap between users & service providers in the automobile-related business. Connect users with the service providers. Also, lists ongoing offers & coupons at the listed service centers and enables the user to avail of the offer through its platform. Users can also check for nearby fuel filling stations, tire repair, puncture shops, and tire dealers through its platform.
Key facts about Automovill
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.7M
- Employee Count: 48 as on May 31, 2026
- Investors: Inflection Point Ventures, PwC and 68 Others
- Latest Funding Round: Seed, Aug 22, 2022, $*****
- Highlight: Editors' Pick
4. Zerund brick
Developer and manufacturer of sustainable construction materials. It develops and manufactures eco-friendly construction products using recycled industrial waste and plastic. Its flagship lightweight bricks are designed to reduce construction costs, improve energy efficiency, lower carbon emissions, and divert waste from landfills. It offers plastic-embedded lightweight bricks, non-plastic bricks, adhesives, and premix products, serving residential, commercial, and affordable housing projects. It focuses on sustainable construction by producing high-strength, fire-resistant, and resource-efficient building materials while promoting circular economy principles through large-scale waste recycling and carbon reduction.
Key facts about Zerund brick
- Founded Year: 2018
- Location: Guwahati (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $2.78M
- Employee Count: 13 as on Dec 31, 2025
- Investors: SIDBI Venture Capital, Dreamweaver Investments and Business solutions and 5 Others
- Latest Funding Round: Series A, Sep 22, 2024, $*****
5. AVGARDE
Developer of AI-enabled drone detection and countermeasure technology platform. The company provides a platform for aerial object sensing and situational awareness in low-altitude airspace. It offers products including drone detectors, jammers, and ID broadcasters. The technology caters to markets such as aircraft safety, unmanned traffic management, military and security, and critical infrastructure protection.
Key facts about AVGARDE
- Founded Year: 2018
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $753K
- Employee Count: 20 as on May 31, 2026
- Investors: Foundation for Science Innovation and Development, Indian Institute of Science and 7 Others
- Latest Funding Round: Seed, Oct 07, 2024, $*****
- Highlight: Editors' Pick
NVCL's Year-on-Year Investment Trends
NVCL has invested in 11 companies over the last 8 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in AVGARDE and most recent follow-on round was in Automovill.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 1 | 0 | 1 |
2022 | 3 | 0 | 3 |
2021 | 3 | 1 | 4 |
2020 | 0 | 0 | 0 |
2019 | 0 | 1 | 1 |
2018 | 1 | 0 | 1 |
NVCL's Investments by Stage
NVCL has made 9 investments in Seed stage with an average round size of $274K.NVCL's Investments by Sector
NVCL has a diverse portfolio, with companies operating in the Consumer, Retail, Consumer Goods, HealthTech and Aerospace, Maritime and Defense Tech. Notably, it has invested in 8 Tech companies, 5 Consumer (B2C) companies, 5 Enterprise (B2B) companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 4 |
Retail | 3 |
Consumer Goods | 2 |
HealthTech | 2 |
Aerospace, Maritime and Defense Tech | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
NVCL's Investments by Geography
NVCL has made most investments in India (9).NVCL's recent investments
NVCL has not made any investment in 2026 so far.Here are the most recent investments by NVCL:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 07, 2024 | India | Seed | 4917 | [+1] | |
May 27, 2023 | India | Seed | 9115 | [+4] | |
Sep 07, 2022 | India | Seed | 3221 | - | |
Jul 14, 2022 | India | Seed | 2746 | - | |
Feb 03, 2022 | India | Seed | 9740 | - |
Team profile of NVCL
NVCL has a team of 8 members including 4 Partners and 1 Principal located in India. NVCL's team sits on the board of 2 companies.Here is a list of all team members in NVCL:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Guwahati | |||
Partner | Guwahati | - | ||
Partner | Hyderabad | - | - | |
Partner | - | - | - | |
Principal | Guwahati | - |
Co-investors of NVCL
Over the past 8 years, 103 investors have co-invested in NVCL's portfolio companies. This includes funds and angels.
- Invested before NVCL: KIIT-TBI, AIC-CCMB and 11 others have invested in rounds before NVCL. There is 1 company where KIIT-TBI has invested before NVCL and 1 company where AIC-CCMB has invested before NVCL.
- Top Co-investors of NVCL: 6 investors entered a company along with NVCL. These include investors like IIT Indore (1 company).
- Invested after NVCL: A total of 84 investors have invested in NVCL's portfolio after their investments. Top Investors include NEDFi (2 companies), Shamik Dasgupta (1 company) and Swati Sambu (1 company).
Recent News related to NVCL
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Aelius Biotech raises £750K for animal-free drug and food testingTech.eu•Apr 07, 2025•North East Fund, Mercia, Aelius Biotech, Huel and 2 others
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Newcastle Cyber Firm Secures £500k Funding BoostFinancial News•Oct 14, 2024•Melius Cyber Security, NVCL, European Innovation Council
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Melius Cyber Raises £500,000 For Cyber Risk Detection PlatformTech.eu•Oct 14, 2024•Melius Cyber Security, NVCL
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UK's Luminous XR raises £1M for Extended Reality training solutionTech.eu•Jul 30, 2024•Luminous, NVCL, Mercia
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Luminous XR Raises £1M in FundingFinSMEs•Jul 30, 2024•Luminous, NVCL, Mercia, European Innovation Council
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Biotech firm raises further £2.35mInsider Media•Feb 15, 2024•Newcells Biotech, NVCL, Northstar Ventures, Mercia and 3 others
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PulmoBioMed Raises £1.4M in FundingFinSMEs•Feb 08, 2024•PulmoBioMed, NVCL, Mercia, Northumbria University and 2 others
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The Handbag Clinic secures investment to drive expansionFashionUnited•Dec 12, 2023•Handbag Clinic, NVCL, Mercia
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