About Powerhouse Ventures
Powerhouse Ventures is a venture capital firm founded in 2011. It is primarily based out of Singapore, Singapore. As of Sep 2026, Powerhouse Ventures is an active investor, having invested in 62 companies, with 1 new investment 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 High Tech and Consumer. Most recently it participated in the $***** Seed round of Alive Overall, Powerhouse Ventures portfolio has seen 8 acquisitions including key companies like MediBuddy, DailyRounds and Kirana Club. A lot of funds co-invest with Powerhouse Ventures, with names like Rajesh Sawhney sharing a substantial percentage of its portfolio. Powerhouse Ventures has team of 9 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Powerhouse Ventures' List of Top Investments
Powerhouse Ventures has a portfolio of 62 companies. Their most notable investments are in DevDynamics and RevRag.Their portfolio spans across India, United States, Singapore and 2 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 21 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Powerhouse Ventures:
1. Whatfix
Developer of a digital adoption platform providing in-application user guidance. The platform offers tools for creating contextual guidance, analyzing user engagement, and replicating applications for training. It provides solutions for AI adoption, change acceleration, employee training, and user support. The platform supports workflow optimization and feature adoption across various industries.
Key facts about Whatfix
- Founded Year: 2013
- Location: San Jose (United States)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $266M
- Employee Count: 1,107 as on May 31, 2026
- Investors: Helion Venture Partners, Dragoneer Investment Group and 37 Others
- Latest Funding Round: Series E, Sep 19, 2024, $*****
- Highlight: Editors' Pick
2. MediBuddy
Provider of health checks lab tests medicine and doctor consultations. This entity facilitates access to diagnostic laboratory testing and medical examinations. It enables the procurement of pharmaceutical products and provides digital platforms for remote medical professional consultations.
Key facts about MediBuddy
- Founded Year: 2013
- Location: Bengaluru (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $199M
- Employee Count: 1,783 as on Apr 30, 2026
- Investors: Quadria Capital, InvAscent and 70 Others
- Latest Funding Round: Series C, Jan 05, 2026, $*****
- Highlight: Acquired
3. DailyRounds
Provider of a social platform for healthcare professionals. It offers a platform where clinicians share and discusses clinical cases and shares knowledge. It also provides updates with the latest practice-relevant journal articles, drug databases, ECGs and treatment guidelines, and Continuing Medical Education courses.
Key facts about DailyRounds
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Stage: Acquired
- Total Funding till date: $1.7M
- Employee Count: 539 as on Aug 31, 2026
- Investors: Burman Family, Groundupp Ventures and 9 Others
- Latest Funding Round: Series A, Jun 17, 2016, $*****
- Highlight: Acquired
4. Inc42
Online platform offering startup news. It is an online platform that provides news related to startups, startup activity news, entrepreneurial statistics, technology, and updates. It also plans to develop a platform for aspiring entrepreneurs to interact and form a community. It monetizes through membership.
Key facts about Inc42
- Founded Year: 2015
- Location: Delhi (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $5.83M
- Employee Count: 37 as on Apr 30, 2025
- Investors: 3one4 Capital, PitchRight Ventures and 133 Others
- Latest Funding Round: Seed, Mar 19, 2025, $*****
- Highlight: Editors' Pick
5. Kirana Club
A community and commerce platform that connects kirana stores. It connects kirana retailers with each other to share business information, schemes, and pricing; it positions itself as a trusted community for retail knowledge exchange
Key facts about Kirana Club
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $2M
- Employee Count: 24 as on May 31, 2026
- Investors: peercheque, Powerhouse Ventures and 3 Others
- Latest Funding Round: Seed, 2023, $*****
- Highlight: Acquired
Powerhouse Ventures' Year-on-Year Investment Trends
Powerhouse Ventures has invested in 62 companies over the last 12 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 9 investments, while as of Sep 2026, it has made 3 investments in this year. Its most recent first time investment was in SwishX and most recent follow-on round was in Alive.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 2 | 3 |
2025 | 4 | 5 | 9 |
2024 | 7 | 3 | 10 |
2023 | 9 | 4 | 13 |
2022 | 4 | 1 | 5 |
2021 | 4 | 1 | 5 |
2020 | 0 | 1 | 1 |
2019 | 1 | 2 | 3 |
2018 | 1 | 3 | 4 |
2017 | 1 | 2 | 3 |
Powerhouse Ventures' Investments by Stage
Powerhouse Ventures has made 44 investments in Seed stage with an average round size of $1.39M and 2 investments in Series A stage with an average round size of $6.1M.Stage of entry | No. of Investments |
|---|---|
Seed | 44 |
Series A | 2 |
Note: We have considered here, only first round of investments
Powerhouse Ventures' Investments by Sector
Powerhouse Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, Artificial Intelligence - Industry Applications and FinTech. Notably, it has invested in 59 Tech companies, 41 Enterprise (B2B) companies, 38 Software companies and at least 26 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 24 |
Consumer | 10 |
High Tech | 8 |
Artificial Intelligence - Industry Applications | 6 |
FinTech | 6 |
Others | 48 |
Note: We have considered here, only first round of investments
Powerhouse Ventures' Investments by Geography
Powerhouse Ventures has made most investments in India (31), followed by United States where it has made 13 investments.Country | No. of Investments |
|---|---|
India | 31 |
United States | 13 |
Singapore | 3 |
Canada | 1 |
Note: We have considered here, only first round of investments
Powerhouse Ventures' recent investments
Powerhouse Ventures has made 3 investments in 2026 so far. Alive and SwishX are the latest among them.Here are the most recent investments by Powerhouse Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 28, 2026 | India | Seed | 6756 | ||
May 12, 2026 | India | Seed | 1838 | [+2] | |
Feb 04, 2026 | India | Seed | 4655 | [+15] | |
Nov 12, 2025 | India | Seed | 8794 | - | |
Aug 25, 2025 | United States | Seed | 1332 |
Acquired companies in Powerhouse Ventures' Portfolio
8 companies from Powerhouse Ventures' portfolio have been acquired. The most recent acquisition was Kirana Club in Jun 2026 by Meesho for $*****.Here are Powerhouse Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2026 | 2023 | Seed | 2440 | |
Feb 27, 2025 | May 10, 2017 | Seed | 3537 | |
Jan 02, 2023 | 2016 | Seed | 6806 | |
Oct 05, 2021 | Dec 12, 2019 | Seed | 8866 | |
Dec 16, 2020 | - | - | 9806 |
Team profile of Powerhouse Ventures
Powerhouse Ventures has a team of 9 members including 3 Partners and 1 Venture Partner located in United States and Singapore. Powerhouse Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Powerhouse Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | ||
Partner | United States | - | ||
Partner | Irving | - | ||
Venture Partner | United States | - |
Co-investors of Powerhouse Ventures
Over the past 12 years, 838 investors have co-invested in Powerhouse Ventures's portfolio companies. This includes funds and angels.
- Invested before Powerhouse Ventures: GSF, Rajesh Sawhney and 229 others have invested in rounds before Powerhouse Ventures. There are 6 companies where GSF has invested before Powerhouse Ventures and 4 companies where Rajesh Sawhney has invested before Powerhouse Ventures.
- Top Co-investors of Powerhouse Ventures: 259 investors entered a company along with Powerhouse Ventures. These include investors like Rajesh Sawhney (8 companies).
- Invested after Powerhouse Ventures: A total of 348 investors have invested in Powerhouse Ventures's portfolio after their investments. Top Investors include GSF (4 companies), Anand Chandrasekaran (3 companies) and Peak XV Partners (2 companies).
Recent News related to Powerhouse Ventures
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Alive App Secures $1 Million Funding Led by Powerhouse Ventures and Flipkart VenturesIndian Startup News•Sep 28, 2026•Alive, Flipkart, Powerhouse Ventures, Flipkart Ventures and 1 other
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Powerhouse Ventures partners with European fund managerFinancial Standard•Jun 22, 2026•Powerhouse Ventures
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SwishX Launches Agentic AI Platform for Pharma, Secures $2.2 Million in Seed FundingCyberMedia India Online•May 12, 2026•Atrium, Sadev Ventures, Blume Venture, Powerhouse Ventures
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ThinkLabs AI Closes $28 M Series A Led by Energy Impact Partners, Backed by NVentures and Edison InternationalGlobeNewswire•Mar 31, 2026•ThinkLabs, NVentures, GE Vernova, Active Impact Investments and 6 others
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CVector Announces $5M Seed Round to Accelerate AI for Industrial CustomersPR Newswire•Jan 27, 2026•CVector, Myriad Venture Partners, Hitachi Ventures, Boca Scientific and 3 others
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Entertainment Alive Raises ₹6 Crore to Power India's Experience EconomyBusinessFortNight•Nov 12, 2025•Alive, Powerhouse Ventures
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Holiday Tribe Raises Rs 25 Cr in Pre-Series AIndian Retailer•Aug 13, 2025•GSF, Powerhouse Ventures, Holiday Tribe
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Heron Power Raises $38M Series A to Accelerate an All-Electric Future
ForexTV•May 29, 2025•Heron Power, Capricorn, Breakthrough Energy, Energy Impact Partners and 3 others
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Adopt AI raises $6m to transform Apps to Agentsintelligence360•May 26, 2025•Adopt AI, Elevation Capital, Foster Ventures, Powerhouse Ventures and 1 other
