About Rigel Capital
Rigel Capital is a venture capital firm founded in 2022. It is primarily based out of Singapore, Singapore. As of Sep 2024, Rigel Capital 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 Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Series C round of Adonmo A lot of funds co-invest with Rigel Capital, with names like Twin Towers Ventures sharing a substantial percentage of its portfolio. Rigel Capital has team of 9 people including 3 partners.Key Metrics
Rigel Capital's List of Top Investments
Rigel Capital has a portfolio of 11 companies. Their most notable investments are in Volta Indonesia and Metalbook.Their portfolio spans across Indonesia, India, Singapore and 1 more locations. They have invested in Enterprise Applications, High Tech, Retail and 11 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Rigel Capital:1. Adonmo
Network of screens providing digital advertising and content delivery services. The business offers platforms for managing and displaying advertisements across various screen types. These services include content management systems and advertising delivery solutions. The company provides tools for businesses to manage their digital presence.
Key facts about Adonmo
- Founded Year: 2017
- Location: Hyderabad (India)
- Annual Revenue: ₹134Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $72.4M
- Employee Count: 332 as on Aug 31, 2025
- Investors: Northern Arc Capital, Venture Catalysts and 132 Others
- Latest Funding Round: Series C, Sep 25, 2024, $*****
- Highlight: Editors' Pick
2. Metalbook
B2B platform for metal sourcing, recycling, contract manufacturing, and financing. It connects suppliers and buyers with real-time pricing, seamless logistics, and sustainable solutions to streamline the metal supply chain. It serves industries from construction and automotive to aerospace and renewable energy, it offers real-time commodity prices, quality assurance, and traceable supply chains.
Key facts about Metalbook
- Founded Year: 2021
- Location: Delhi (India)
- Annual Revenue: ₹1,330Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $24.3M
- Employee Count: 169 as on Aug 31, 2025
- Investors: Trifecta Capital, Northern Arc Capital and 17 Others
- Latest Funding Round: Venture Debt, Mar 2025, $*****
- Highlight: Editors' Pick
3. Amilo
Provider of web-based e-commerce fulfillment solutions. The platform offers tech-enabled solutions to manage fulfillment operations. It offers warehouse, fulfillment centers, and distribution options to streamline the fulfillment processes. The platform integrates with marketplaces to streamline order management. Features include warehouse management, order management, delivery management, and more.
Key facts about Amilo
- Founded Year: 2022
- Location: Singapore (Singapore)
- Annual Revenue: 2.35M SGD as on Dec 31, 2023
- Stage: Seed
- Total Funding till date: $2M
- Employee Count: 47 as on Apr 30, 2026
- Investors: Rigel Capital, Sternen Licht International and 3 Others
- Latest Funding Round: Seed, Nov 15, 2022, $*****
- Highlight: Editors' Pick
4. Wisedrive
Provider of AI-driven used car inspection and extended warranty services for used vehicles. It utilizes artificial intelligence and machine learning for innovative used car inspection services and showroom-grade warranties. The company offers a range of solutions to ensure transparency and trust in the used car buying process.
Key facts about Wisedrive
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: ₹28.9L as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.09M
- Employee Count: 33 as on Apr 30, 2026
- Investors: Lighthouse Canton, Nueva Capital and 14 Others
- Latest Funding Round: Seed, Jul 22, 2024, $*****
5. Clevon
Manufacturer of electric autonomous vehicles for last-mile deliveries. The company is involved in the design and development of autonomous robot couriers for last-mile deliveries. One teleoperator can supervise multiple vehicles, thus reducing operational costs with zero CO2 emissions.
Key facts about Clevon
- Founded Year: 2022
- Location: Viljandi (Estonia)
- Stage: Funding Raised
- Employee Count: 17 as on Mar 31, 2026
- Investors: Tera Ventures and Rigel Capital
Rigel Capital's Year-on-Year Investment Trends
Rigel Capital has invested in 11 companies over the last 3 years, with an average of 1 new investment annually in the last 3 years. Its most recent first time investment was in Wisedrive and most recent follow-on round was in Adonmo.Rigel Capital's Investments by Stage
Rigel Capital has made 2 investments in Seed stage, 1 investment in Series A stage with an average round size of $15M and 1 investment in Series B stage with an average round size of $25M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Rigel Capital's Investments by Sector
Rigel Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Environment Tech, Sustainability Tech, Auto and Auto Tech. Notably, it has invested in 8 Enterprise (B2B) companies, 8 Tech companies, 5 Software companies and at least 3 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
Environment Tech | 2 |
Sustainability Tech | 2 |
Auto | 1 |
Auto Tech | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Rigel Capital's Investments by Geography
Rigel Capital has made most investments in India (3), followed by Indonesia where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 3 |
Indonesia | 1 |
Note: We have considered here, only first round of investments
Rigel Capital's recent investments
Rigel Capital has not made any investment in 2026 so far.Here are the most recent investments by Rigel Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 25, 2024 | India | Series C | 6053 | [+2] | |
Jul 22, 2024 | India | Seed | 6125 | ||
Feb 19, 2024 | India | Series B | 7396 | [+17] | |
Nov 07, 2023 | Indonesia | Seed | 7771 | ||
Jun 19, 2023 | India | Series A | 2575 | [+4] |
Team profile of Rigel Capital
Rigel Capital has a team of 9 members including 3 Partners and 2 Principals located in Indonesia, Saudi Arabia and 1 more location. Rigel Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Rigel Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | ||
Partner | Riyadh | - | ||
Partner | Jakarta | - | ||
Principal | - | - | ||
Principal | Bekasi | - |
Co-investors of Rigel Capital
Over the past 3 years, 151 investors have co-invested in Rigel Capital's portfolio companies. This includes funds and angels.
- Invested before Rigel Capital: Astarc Ventures, Mumbai Angels and 128 others have invested in rounds before Rigel Capital. There is 1 company where Astarc Ventures has invested before Rigel Capital and 1 company where Mumbai Angels has invested before Rigel Capital.
- Top Co-investors of Rigel Capital: 15 investors entered a company along with Rigel Capital. These include investors like Twin Towers Ventures (2 companies).
- Invested after Rigel Capital: A total of 6 investors have invested in Rigel Capital's portfolio after their investments. Top Investors include Northern Arc Capital (2 companies), LC Elevate (1 company) and VentureSoul (1 company).
Recent News related to Rigel Capital
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AdOnMo Secures $25 Million Funding Led by Rigel Capital and Sinar MasEnablers•May 29, 2026•Rigel Capital, Sinar Mas, Adonmo
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After Car Info, IPO-Bound CARS24 Acquires Vehicle InfoInc42•Mar 11, 2026•Cars24, Rigel Capital, Sinar Mas, Vehicleinfo and 1 other
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Peak XV Closes $1.3 Bn Fund for India and APACStartupNews•Feb 20, 2026•Peak XV Partners, Rigel Capital, Sinar Mas
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DUSQ Raises Rs 24 Cr in Seed Round Led by Fireside VenturesStartupNews•Feb 13, 2026•Fireside Ventures, DUSQ, Rigel Capital, Sinar Mas and 5 others
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GoDesi, an Indian traditional sweets manufacturer, raised funds in Series B roundStartup Log•Feb 10, 2026•GoDesi, Enrission India Capital, Rigel Capital, Sinar Mas and 3 others
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Aramya's Parent Raises Rs 80 Cr in Series A RoundViestories•Feb 09, 2026•DSLR, Z47, Accel, Rigel Capital and 2 others
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Emergent Secures $70M Series B Led by Khosla and SoftBank, Reaching $50M ARR in 7 MonthsTechStartups.com•Jan 20, 2026•Emergent, SoftBank Vision Fund, Khosla Ventures, Together and 9 others
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RoadGrid Secures Rs 12 Cr in Pre-Series A Funding Led by Venture CatalystsViestories•Jan 07, 2026•RoadGrid, Venture Catalysts, LinkedIn, Euler Motors and 8 others
