About Roots Ventures
Roots Ventures is a venture capital firm founded in 2018. It is primarily based out of Mumbai, India. As of Jul 2026, Roots Ventures is an active investor, having invested in 37 companies, with 4 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 Consumer to Retail and Enterprise Applications. Most recently it participated in the $***** Series A round of Core Biomedicine Overall, Roots Ventures portfolio has seen 5 IPOs and 4 acquisitions including key companies like IndusInd Bank, Ethos Watch and RBL Bank. A lot of funds co-invest with Roots Ventures, with names like Eximius Ventures sharing a substantial percentage of its portfolio. Roots Ventures has team of 8 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Deals in last 12 months
Roots Ventures' List of Top Investments
Roots Ventures has a portfolio of 37 companies. Their most notable investments are in Mind Your Fleet and Mind Your Fleet.Their portfolio spans across India and United States. They have invested in Consumer, Retail, Enterprise Applications and 20 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Roots Ventures:
1. Jar
Platform providing digital gold savings plans and online gold purchases. It facilitates options for daily, weekly, or monthly savings in digital gold. The platform also offers the ability to buy silver and gold jewellery. It provides resources such as calculators for salary and gold values. The platform ensures secure storage of gold in vaults and insurance coverage.
Key facts about Jar
- Founded Year: 2021
- Location: India
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $63.3M
- Employee Count: 267 as on May 31, 2026
- Investors: Staenberg Venture Partners, BlackSoil and 130 Others
- Latest Funding Round: Series B, Dec 14, 2024, $*****
- Highlight: Editors' Pick
2. DailyObjects
Retailer of lifestyle tech accessories and modular personal carry items. Products include protective covers for mobile devices, charging stations, wireless power banks, and laptop sleeves. The inventory features organizers, watch bands, and various bags designed for daily use. These items facilitate the management and protection of portable electronic equipment and personal belongings.
Key facts about DailyObjects
- Founded Year: 2012
- Location: Gurugram (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $14.5M
- Employee Count: 309 as on Mar 31, 2026
- Investors: 360 One, Trifecta Capital and 18 Others
- Latest Funding Round: Series B, Oct 27, 2025, $*****
- Highlight: Editors' Pick
3. Smytten
Online platform offering multi-category products samples. It offers a product trial and discovery portal for multi-brands in categories such as skincare, makeup, fragrances, grooming, bath, body, baby care, hair care, accessories, beauty appliances, food and beverages, kitchen and home essentials, car accessories, pet care prodcts, and more, Their app is available for Android devices.
Key facts about Smytten
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $23.8M
- Employee Count: 251 as on Aug 31, 2026
- Investors: Fireside Ventures, Sharrp Ventures and 43 Others
- Latest Funding Round: Series A, May 07, 2024, $*****
- Highlight: Editors' Pick
Provider of personal and business banking products and services. It other services include debit & credit cards, savings & current accounts, video KYC, microfinance, personal & commercial vehicle loans, credit cards, and SME loans. In 2022, the company recorded annual revenues of $5.54B and a net profit of $0.93B
Key facts about IndusInd Bank
- Founded Year: 1994
- Location: Pune (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2024
- Stage: Public
- Employee Count: 12,323 as on Aug 31, 2025
- Investors: India Capital Growth, General Atlantic and 5 Others
- Latest Funding Round: Post IPO, Sep 04, 2020, $*****
- Highlight: Public
5. StockGro
Provider of stock market research and financial trade idea analysis. This platform delivers stock insights, performance metrics, and comparative data for investment evaluation. Users access verified portfolios and trading strategies from registered financial analysts. The service includes tools for tracking market trends, reviewing stock scores, and monitoring industry benchmarks to assist in financial decision making.
Key facts about StockGro
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $121M
- Employee Count: 72 as on May 31, 2026
- Investors: Trifecta Capital, 108 Capital and 111 Others
- Latest Funding Round: Series B, Jun 13, 2026, $*****
- Highlight: Editors' Pick
Roots Ventures' Year-on-Year Investment Trends
Roots Ventures has invested in 37 companies over the last 8 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 4 investments, while as of Jul 2026, it has made 3 investments in this year. Its most recent first time investment was in Core Biomedicine and most recent follow-on round was in SFL.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 0 | 3 |
2025 | 2 | 2 | 4 |
2024 | 2 | 2 | 4 |
2023 | 2 | 2 | 4 |
2022 | 6 | 4 | 10 |
2021 | 4 | 3 | 7 |
2020 | 2 | 3 | 5 |
2019 | 5 | 0 | 5 |
2018 | 1 | 0 | 1 |
Roots Ventures' Investments by Stage
Roots Ventures has made 20 investments in Seed stage with an average round size of $2.35M, 6 investments in Series A stage with an average round size of $13.9M and 1 investment in Unattributed stage with an average round size of $3.2M.Stage of entry | No. of Investments |
|---|---|
Seed | 20 |
Series A | 6 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Roots Ventures' Investments by Sector
Roots Ventures has a diverse portfolio, with companies operating in the Consumer, Consumer Goods, Retail, Enterprise Applications and Food and Agriculture. Notably, it has invested in 24 Tech companies, 22 Consumer (B2C) companies, 17 Enterprise (B2B) companies and at least 8 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 17 |
Consumer Goods | 9 |
Retail | 9 |
Enterprise Applications | 5 |
Food and Agriculture | 5 |
Others | 32 |
Note: We have considered here, only first round of investments
Roots Ventures' Investments by Geography
Roots Ventures has made most investments in India (25), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
India | 25 |
United States | 2 |
Note: We have considered here, only first round of investments
Roots Ventures' recent investments
Roots Ventures has made 3 investments in 2026 so far. Core Biomedicine and Credilio are the latest among them.Here are the most recent investments by Roots Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 28, 2026 | United States | Series A | 4461 | ||
Apr 28, 2026 | India | Series A | 4346 | [+2] | |
Jan 21, 2026 | India | Series A | 7018 | [+30] | |
Nov 27, 2025 | India | Series A | 1356 | [+2] | |
Oct 31, 2025 | India | Seed | 1594 |
IPOs and Publicly Listed companies in Roots Ventures' Portfolio
5 of Roots Ventures' portfolio companies have become public. Ethos Watch got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in May 2022 at marketcap of $250M and G R Infraprojects got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) at marketcap of $1.08B.Here are Roots Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 30, 2022 | - | - | 1108 | |
Jul 19, 2021 | - | - | 2626 | |
Oct 13, 2010 | - | - | 1869 | |
Jan 15, 1998 | - | - | 7409 | |
Jun 06, 1988 | - | - | 5642 |
Acquired companies in Roots Ventures' Portfolio
4 companies from Roots Ventures' portfolio have been acquired. The most recent acquisition was RBL Bank in Oct 2025 by Emirates NBD for $*****.Here are Roots Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 18, 2025 | - | - | 6284 | |
Mar 30, 2023 | Mar 28, 2023 | Seed | 9768 | |
Jul 14, 2021 | Apr 15, 2019 | Seed | 6027 | |
Mar 02, 2019 | - | - | 7894 |
Team profile of Roots Ventures
Roots Ventures has a team of 8 members including 1 Partner and 1 Principal. Roots Ventures' team does not sit on the board of any company as of now.Co-investors of Roots Ventures
Over the past 8 years, 1046 investors have co-invested in Roots Ventures's portfolio companies. This includes funds and angels.
- Invested before Roots Ventures: LetsVenture, QED Innovation Labs and 404 others have invested in rounds before Roots Ventures. There are 3 companies where LetsVenture has invested before Roots Ventures and 3 companies where QED Innovation Labs has invested before Roots Ventures.
- Top Co-investors of Roots Ventures: 363 investors entered a company along with Roots Ventures. These include investors like Eximius Ventures (2 companies).
- Invested after Roots Ventures: A total of 277 investors have invested in Roots Ventures's portfolio after their investments. Top Investors include Trifecta Capital (2 companies), Fireside Ventures (2 companies) and Enrission India Capital (2 companies).
Recent News related to Roots Ventures
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Beyang Therapeutics Completes Oversubscribed $30 Million Series A Financing to Accelerate AI-Driven Drug DiscoveryPR Newswire•Aug 12, 2026•Beyangtx, Legend Capital, SIG, China Medical System and 4 others
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Fintech Startup Novio Raises Rs 100 Cr in Series A Led by Cornerstone VenturesEntrackr•Apr 28, 2026•Shepherd's Hill Group, Cornerstone Ventures, Roots Ventures, Alteria Capital and 2 others
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Vervesemi raises $10 Mn in Series A roundEntrackr•Feb 18, 2026•Vervesem, Unicorn India Ventures, Caprize, Roots Ventures
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SFL raises ₹21.57 crores Series A led by Fireside Ventures and Genesia Ventures to scale youth sports across IndiaCXOtoday•Nov 27, 2025•SFL, TDV Partners, Roots Ventures, Genesia Ventures and 1 other
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Multisport platform SFL raises Rs 21.57 crore from Fireside Ventures, Genesia Ventures, and othersIndian Startup News•Nov 27, 2025•Genesis, Fireside Ventures, , SFL and 3 others
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Energy Storage Firm Cancrie Raises $1.2 Million in Maiden Funding RoundMercom India•Jan 29, 2025•Cancrie, Roots Ventures, IIMA Ventures
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Cancrie raises $1.2 Mn in seed funding roundEntrackr•Jan 22, 2025•Cancrie, Roots Ventures, IIMA Ventures
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DealShare co-founder’s new startup Sports For Life raises seed roundEntrackr•Oct 11, 2024•SFL, Roots Ventures, Blume Venture, QED Investors
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D2C Lifestyle Startup DailyObjects Bags $10 Mn To Fuel Its Manufacturing & Offline PlayStartupNews•Sep 18, 2024•360 One, Roots Ventures, DailyObjects, Secure Trust Bank and 1 other
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DailyObjects Secures $8.6 Mn New Funding RoundViestories•Sep 16, 2024•DailyObjects, 360 One, Roots Ventures
