About PeerCapital
PeerCapital is a venture capital firm founded in 2022. It is primarily based out of Bengaluru, India. As of Oct 2026, PeerCapital is an active investor, having invested in 39 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and High Tech. Most recently it participated in the $***** Seed round of Karta Overall, PeerCapital portfolio has seen 3 acquisitions, namely Spil Games, Furrl and Onco. A lot of funds co-invest with PeerCapital, with names like QED Innovation Labs sharing a substantial percentage of its portfolio. PeerCapital has team of 6 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Soonicorns
Deals in last 12 months
PeerCapital's List of Top Investments
PeerCapital has a portfolio of 39 companies. Their most notable investments are in Vaaree and Vaaree.Their portfolio spans across India, Netherlands and United States. They have invested in Enterprise Applications, Consumer, High Tech and 16 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by PeerCapital:
1. Jar
Provider of a digital savings application that enables users to invest in gold. The platform allows individuals to save money by purchasing gold in small quantities on a daily, weekly, or monthly basis. Users can set up automated payments to accumulate gold holdings, which are stored in secure vaults. The service provides a flexible approach to building savings habits through digital gold accumulation, offering features for tracking investments and managing financial assets.
Key facts about Jar
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $66.8M
- Employee Count: 267 as on May 31, 2026
- Investors: Staenberg Venture Partners, BlackSoil and 135 Others
- Latest Funding Round: Series B, Sep 10, 2026, $*****
- Highlight: Editors' Pick
2. Apnamart
Hybrid model grocery delivery services with a focus on providing products at affordable prices. It offers a wide range of products through its online platform and physical stores, aiming to revolutionize grocery shopping experiences for cities. The company leverages a franchise-driven omnichannel model to provide 15-minute deliveries of daily groceries and FMCG products. With a focus on high-quality products and convenience.
Key facts about Apnamart
- Founded Year: 2022
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $50.7M
- Employee Count: 351 as on Aug 31, 2025
- Investors: Stride Ventures, Peak XV Partners and 23 Others
- Latest Funding Round: Series C, Jul 01, 2026, $*****
3. Bidso
Manufacturer of customizable scooters, tricycles, ride-ons, prams, and walkers. They offer product design, prototyping, and tooling services to develop new models. Production capabilities include plastic injection molding and metal fabrication. The company provides a software platform for production milestone updates and quality control reporting.
Key facts about Bidso
4. Flash
Online purchase tracking platform. It allows users to collect invoices and track purchases for multi-category activities like shopping, food, and more.
Key facts about Flash
- Founded Year: 2022
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $12.5M
- Employee Count: 34 as on Aug 31, 2025
- Investors: Global Founders Capital, Zinal Growth and 24 Others
- Latest Funding Round: Seed, Sep 19, 2023, $*****
- Highlight: Editors' Pick
5. Blitz
Network of fulfillment centers providing logistics for online retail businesses. These facilities manage inventory placement and order processing to facilitate product distribution. Services include order tracking, reverse logistics, and integration with digital sales channels to coordinate delivery timelines. The infrastructure supports inventory management and shipping operations for merchants selling goods through electronic commerce platforms.
Key facts about Blitz
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $16.4M
- Employee Count: 172 as on Mar 31, 2026
- Investors: Helios, India Quotient and 75 Others
- Latest Funding Round: Series A, Aug 24, 2026, $*****
- Highlight: Editors' Pick
PeerCapital's Year-on-Year Investment Trends
PeerCapital has invested in 39 companies over the last 5 years, with an average of 7 new investments annually in the last 5 years. In 2025, it made 5 investments, while as of Oct 2026, it has made 6 investments in this year. Its most recent first time investment was in Karta and most recent follow-on round was in Spill Games.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 3 | 6 |
2025 | 2 | 3 | 5 |
2024 | 4 | 3 | 7 |
2023 | 5 | 6 | 11 |
2022 | 14 | 1 | 15 |
2021 | 9 | 0 | 9 |
PeerCapital's Investments by Stage
PeerCapital has made 25 investments in Seed stage with an average round size of $2.45M, 9 investments in Series A stage with an average round size of $6.91M and 3 investments in Series B stage with an average round size of $20.6M.Stage of entry | No. of Investments |
|---|---|
Seed | 25 |
Series A | 9 |
Series B | 3 |
Note: We have considered here, only first round of investments
PeerCapital's Investments by Sector
PeerCapital has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, HealthTech and Media & Entertainment. Notably, it has invested in 35 Tech companies, 22 Consumer (B2C) companies, 20 Enterprise (B2B) companies and at least 17 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 14 |
Enterprise Applications | 10 |
Retail | 8 |
HealthTech | 7 |
Media & Entertainment | 4 |
Others | 31 |
Note: We have considered here, only first round of investments
PeerCapital's Investments by Geography
PeerCapital has made most investments in India (36), followed by Netherlands where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 36 |
Netherlands | 1 |
Note: We have considered here, only first round of investments
PeerCapital's recent investments
PeerCapital has made 6 investments in 2026 so far. Karta and Spil Games are the latest among them.Here are the most recent investments by PeerCapital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 22, 2026 | India | Seed | 4026 | ||
Oct 16, 2026 | Netherlands | Series A | 5500 | [+1] | |
Oct 14, 2026 | India | Series A | 9789 | [+1] | |
Aug 04, 2026 | India | Series A | 1487 | [+7] | |
Apr 22, 2026 | India | Seed | 9918 |
Acquired companies in PeerCapital's Portfolio
3 companies from PeerCapital's portfolio have been acquired. The most recent acquisition was Furrl in Aug 2026 by Reliance Retail for $*****.Here are PeerCapital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 05, 2026 | Aug 17, 2022 | Seed | 2320 | |
Jul 08, 2025 | Nov 12, 2021 | Series A | 4116 | |
Feb 12, 2020 | Oct 16, 2026 | Series A | 2280 |
Team profile of PeerCapital
PeerCapital has a team of 6 members including 3 Partners and 2 Principals located in India. PeerCapital's team sits on the board of 1 company.Here is a list of all team members in PeerCapital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Bengaluru | |||
Partner | Bengaluru | - | ||
Partner | Bengaluru | - | ||
Principal | Bengaluru | - | - | |
Principal | India | - |
Co-investors of PeerCapital
Over the past 5 years, 1027 investors have co-invested in PeerCapital's portfolio companies. This includes funds and angels.
- Invested before PeerCapital: Angel List, Abhishek Goyal and 342 others have invested in rounds before PeerCapital. There are 8 companies where Angel List has invested before PeerCapital and 4 companies where Abhishek Goyal has invested before PeerCapital.
- Top Co-investors of PeerCapital: 474 investors entered a company along with PeerCapital. These include investors like QED Innovation Labs (6 companies).
- Invested after PeerCapital: A total of 209 investors have invested in PeerCapital's portfolio after their investments. Top Investors include Alteria Capital (3 companies), Better Capital (3 companies) and Blume Venture (2 companies).
Recent News related to PeerCapital
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Karta AI Secures $3 Million Seed Funding Led by PeerCapital and Cedar Hill CapitalEntrackr•Oct 22, 2026•Karta, PeerCapital, Cedar Hill Capital (formerly Cedar-IBSi Capital), Seedstars and 1 other
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Elevation Capital leads USD 10.5 Mn Series A round in Spill GamesEnablers•Oct 14, 2026•Elevation Capital, Spill Games, PeerCapital, Centre Court Capital. and 1 other
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Vaaree raises INR 65 Cr in Series A funding round co-led by Hero Enterprise and Cap Alpha VenturesEnablers•Aug 04, 2026•Vaaree, Cap Alpha, Hero Corp, OTP Ventures and 3 others
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Spill Games raises $3.1m seed round to scale mobile games portfolioPocket Gamer•Jun 29, 2026•PeerCapital, Spill Games, Centre Court Capital., MIXI Global Investments and 2 others
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Spill Games Raises USD 3.1 Million in Seed FundingEnablers•Apr 22, 2026•Spill Games, Centre Court Capital., PeerCapital, All In Capital and 1 other
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BIDSO Raises Rs 63 Cr in Series A Round Led by Blume VenturesEntrackr•Apr 10, 2026•Bidso, PeerCapital, Alteria Capital, Blume Venture and 1 other
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PeerCapital’s Pahwa on building a portfolio around AI and India’s consumer storyVCCircle•Mar 27, 2026•PeerCapital
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BIDSO Raises INR 63 Crore Series A, Strengthens Push in Global Toy ManufacturingThe Tribune•Mar 23, 2026•Bidso, PeerCapital
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Contract Manufacturing Startup Bidso In Talks To Raise About ₹50 CrInc42•Mar 13, 2026•Bidso, Sadev Ventures, PeerCapital, Alteria Capital and 3 others
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Game State Labs Secures $2 Mn Seed Funding Led by PeerCapital and Neon FundEntrackr•Nov 06, 2025•Game State Labs, Neon, PeerCapital
