About Renu Sehgal Trust
Renu Sehgal Trust is a venture capital firm located in Delhi, India. As of Jul 2026, Renu Sehgal Trust is an active investor, having invested in 5 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 Consumer to Enterprise Applications and Media & Entertainment. Most recently it participated in the $***** Series D round of Urban Harvest Overall, Renu Sehgal Trust portfolio has seen 2 unicorns and 1 IPO, namely Rapido, VerSe and PB Fintech. A lot of funds co-invest with Renu Sehgal Trust, with names like WestBridge Capital sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series B & 2 more
Portfolio IPOs
Deals in last 12 months
Renu Sehgal Trust's List of All Investments
Renu Sehgal Trust has a portfolio of 5 companies, including 2 unicorns. Their most notable investmentis in SheruTheir portfolio spans across and India. They have invested in Consumer, Enterprise Applications, Media & Entertainment and 10 other sectors, across stages such as Seed, Series B and 2 more. Here is the list of all investments by Renu Sehgal Trust:
1. Rapido
Provider of an intra-city bike taxi ride-hailing service offering affordable, quick, and comfortable rides. The platform connects passengers with vehicle operators through a mobile app for intra‑city transport. It supports bike taxi rides, auto rickshaw bookings and cab service requests with real‑time tracking, fare estimation and cashless payment options. It operates across many cities with a network of driver partners.
Key facts about Rapido
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $798M
- Employee Count: 817 as on Mar 31, 2026
- Investors: WestBridge Capital, Nexus Venture Partners and 94 Others
- Latest Funding Round: Series F, May 15, 2026, $*****
- Highlight: Editors' Pick
2. VerSe
Developer of technology platforms for local language content and video. These systems facilitate the consumption of digital media and short-form video entertainment. The software architecture supports content discovery, recommendation, and delivery across various digital interfaces. Additional capabilities include tools for digital advertising and content creation.
Key facts about VerSe
- Founded Year: 2007
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series J
- Total Funding till date: $1.9B
- Employee Count: 541 as on May 31, 2026
- Investors: Baillie Gifford, Glade Brook Capital and 52 Others
- Latest Funding Round: Venture Debt, Feb 07, 2024, $*****
- Highlight: Editors' Pick
3. PB Fintech
Provider of an online platform offering insurance and lending products through its flagship brands. It offers insurance solutions for death, disease, damage protection, and more. It offers a lending platform for individuals and businesses. It also offers risk assessment models, fraud detection, and underwriting solutions.
Key facts about PB Fintech
- Founded Year: 2008
- Location: Gurugram (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $443M
- Employee Count: 286 as on Apr 30, 2025
- Investors: Intel, ABG Capital and 205 Others
- Latest Funding Round: Series G, Feb 24, 2021, $*****
- Highlight: Public
Brand of fresh fruits and vegetables. It is a producer, marketer, and distributor of multiple products including cut vegetables and fruits, salads, and more. It provides juicy apples, zesty oranges, crunchy carrots and hearty potatoes.
Key facts about Urban Harvest
- Founded Year: 2019
- Location: Delhi (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $46.6M
- Employee Count: 398 as on Aug 31, 2025
- Investors: SageOne, Gauri Khan Family Trust and 44 Others
- Latest Funding Round: Series D, Jul 27, 2026, $*****
5. Sheru
Provider of cloud-based energy storage solutions. It offers a SaaS platform that aggregates idle batteries from EVs, swapping stations, and solar backups to deliver distributed energy storage and arbitrage services. It includes features such as virtual energy storage, vehicle-to-grid integration, and energy trading optimization. it also provides battery management software, interoperability tools for fleet operators, and cloud-native analytics.
Key facts about Sheru
- Founded Year: 2019
- Location: Delhi (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $2.54M
- Employee Count: 3 as on Mar 31, 2025
- Investors: LetsVenture, CapFort Ventures and 85 Others
- Latest Funding Round: Seed, May 01, 2025, $*****
- Highlight: Editors' Pick
Renu Sehgal Trust's Year-on-Year Investment Trends
As of Jul 2026, it has made 1 investment in this year. Its most recent first time investment was in Urban Harvest.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 2 | 0 | 2 |
2018 | 1 | 0 | 1 |
Renu Sehgal Trust's Investments by Stage
Renu Sehgal Trust has made 1 investment in Seed stage with an average round size of $233K, 1 investment in Series B stage with an average round size of $11.4M, 1 investment in Series D stage with an average round size of $35.4M and 1 investment in Series E stage with an average round size of $27M.Stage of entry | No. of Investments |
|---|---|
Seed | 1 |
Series B | 1 |
Series D | 1 |
Series E | 1 |
Note: We have considered here, only first round of investments
Renu Sehgal Trust's Investments by Sector
Renu Sehgal Trust has a diverse portfolio, with companies operating in the Consumer, Auto Tech, Consumer Goods, Energy Tech and Enterprise Applications. Notably, it has invested in 4 Consumer (B2C) companies, 4 Tech companies, 3 Enterprise (B2B) companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Auto Tech | 1 |
Consumer Goods | 1 |
Energy Tech | 1 |
Enterprise Applications | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
Renu Sehgal Trust's Investments by Geography
Renu Sehgal Trust has made most investments in India (4).Renu Sehgal Trust's recent investments
Renu Sehgal Trust has made 1 investments in 2026 so far - Urban Harvest.Here are the most recent investments by Renu Sehgal Trust:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 27, 2026 | India | Series D | 8303 | [+4] | |
Oct 05, 2019 | India | Seed | 8964 | [+4] | |
Apr 23, 2019 | India | Series B | 7403 | [+13] | |
Aug 17, 2018 | India | Series E | 2041 |
Unicorns in Renu Sehgal Trust's Portfolio
Renu Sehgal Trust has 2 unicorns in its portfolio - Rapido and VerSe. The most recent unicorn in their portfolio is Rapido. It became a unicorn in 2024, 5 years after Renu Sehgal Trust first invested in it.Here is a list of unicorns in Renu Sehgal Trust's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
84 | Provider of an intra-city bike taxi ride-hailing service offering affordable, quick, and comfortable rides | 2015 | Bengaluru | Series F | rhyqmoz | ||
71 | Developer of technology platforms for local language content and video | 2007 | Bengaluru | Series J | aaczacu |
IPOs and Publicly Listed companies in Renu Sehgal Trust's Portfolio
1 of Renu Sehgal Trust's portfolio company became public - PB Fintech. It got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Nov 2021 at marketcap of $4.91BHere are Renu Sehgal Trust's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 15, 2021 | - | - | 9323 |
Co-investors of Renu Sehgal Trust
Over the past 8 years, 231 investors have co-invested in Renu Sehgal Trust's portfolio companies. This includes funds and angels.
- Invested before Renu Sehgal Trust: AdvantEdge, Calabasas Capital and 86 others have invested in rounds before Renu Sehgal Trust. There are 2 companies where AdvantEdge has invested before Renu Sehgal Trust and 2 companies where Calabasas Capital has invested before Renu Sehgal Trust.
- Top Co-investors of Renu Sehgal Trust: 18 investors entered a company along with Renu Sehgal Trust. These include investors like WestBridge Capital (1 company).
- Invested after Renu Sehgal Trust: A total of 125 investors have invested in Renu Sehgal Trust's portfolio after their investments. Top Investors include Invus (1 company), Think Investments (1 company) and Setu Aif Trust (1 company).
