About Seafund
Seafund is a venture capital firm founded in 2018. It is primarily based out of Bengaluru, India. As of Aug 2026, Seafund is an active investor, having invested in 46 companies, with 2 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 High Tech and Consumer. Most recently it participated in the $***** Series A round of Consint Overall, Seafund portfolio has seen 4 IPOs and 4 acquisitions including key companies like NIIT, Persistent and Rediff.com. A lot of funds co-invest with Seafund, with names like Unicorn India Ventures sharing a substantial percentage of its portfolio. Seafund has team of 10 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio IPOs
Portfolio Acquisitions
Deals in last 12 months
Seafund's List of Top Investments
Seafund has a portfolio of 46 companies. Their most notable investments are in C Electric and Redwing.Their portfolio spans across India, United States, Canada and 1 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 23 other sectors, across stages such as Seed stage. Here is the list of top investments by Seafund:
1. NIIT
Provider of technology and digital skills development. The organization delivers instructor-led tech courses and placement assurance. It offers training and skilling interventions to career aspirants, who are selected by enterprises through a co-created process. The company provides IT learning solutions on programming, quality-engineering, data-science and digital architecture. It works with IT companies, captive centers, product engineering companies, and GICs towards transforming their workforce.
Key facts about NIIT
- Founded Year: 1981
- Location: Gurugram (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Employee Count: 922 as on Mar 31, 2025
- Investors: Elephant Capital, MIT and 3 Others
- Latest Funding Round: Grant (prize money), Oct 15, 2016, $*****
- Highlight: Public
2. Persistent
Provider of digital engineering and enterprise modernization services. The company delivers software product engineering, cloud and infrastructure management, data and analytics, and intelligent automation solutions. It assists organizations in reinventing applications and processes through artificial intelligence and digital transformation strategies to improve operational agility and business performance.
Key facts about Persistent
- Founded Year: 1990
- Location: Pune (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $19.8M
- Employee Count: 24,594 as on Mar 31, 2025
- Investors: Intel, India Capital Growth and 9 Others
- Latest Funding Round: Series B, Dec 16, 2005, $*****
- Highlight: Public
3. 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
4. Rediff.com
Provider of news, email services, stock quotes, and online expert advice. It delivers current events coverage spanning multiple categories, including national and international affairs, business, sports, movies, and lifestyle. The platform also offers email communication services and financial market data. Additionally, it facilitates a forum for users to seek and receive guidance from subject matter authorities.
Key facts about Rediff.com
- Founded Year: 1996
- Location: Mumbai (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Employee Count: 501 as on Sep 30, 2026
- Investors: Lincoln Park Capital, Citicorp Finance and 24 Others
- Latest Funding Round: Post IPO, Jun 02, 2011, $*****
- Highlight: Acquired
5. Sasken
Provider of IT, product engineering and digital transformation services. Its other services include IOT, mobility, analytics, blockchain and devops. It offers services to global leaders in semiconductor, automotive, industrials, smart devices & wearables, enterprise grade devices, satcom and transportation industries.
Key facts about Sasken
- Founded Year: 1989
- Location: Bengaluru (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $26M
- Employee Count: 3,945 as on Sep 30, 2026
- Investors: NGP Capital, New Enterprise Associates and 3 Others
- Latest Funding Round: Post IPO, Feb 06, 2013, $*****
- Highlight: Public
Seafund's Year-on-Year Investment Trends
Seafund has invested in 46 companies over the last 8 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 7 investments, while as of Aug 2026, it has made 2 investments in this year. Its most recent first time investment was in Pramatra Space and most recent follow-on round was in Consint.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 4 | 3 | 7 |
2024 | 2 | 3 | 5 |
2023 | 5 | 1 | 6 |
2022 | 2 | 1 | 3 |
2021 | 3 | 2 | 5 |
2020 | 3 | 2 | 5 |
2019 | 3 | 0 | 3 |
2018 | 2 | 0 | 2 |
Seafund's Investments by Stage
Seafund has made 25 investments in Seed stage with an average round size of $627K.Seafund's Investments by Sector
Seafund has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Environment Tech and FinTech. Notably, it has invested in 41 Tech companies, 36 Enterprise (B2B) companies, 26 Software companies and at least 15 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
High Tech | 9 |
Consumer | 6 |
Environment Tech | 6 |
FinTech | 6 |
Others | 49 |
Note: We have considered here, only first round of investments
Seafund's Investments by Geography
Seafund has made most investments in India (24), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
India | 24 |
United States | 2 |
Canada | 1 |
Note: We have considered here, only first round of investments
Seafund's recent investments
Seafund has made 2 investments in 2026 so far - Consint and Pramatra Space.Here are the most recent investments by Seafund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 06, 2026 | India | Series A | 9505 | ||
May 25, 2026 | India | Seed | 7343 | [+7] | |
Dec 17, 2025 | India | Seed | 8363 | - | |
Dec 17, 2025 | India | Seed | 3841 | [+2] | |
Sep 23, 2025 | India | Seed | 3667 |
IPOs and Publicly Listed companies in Seafund's Portfolio
4 of Seafund's portfolio companies have become public. Persistent got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Apr 2010 at marketcap of $279M and Tech Mahindra got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) at marketcap of $910M.Here are Seafund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 06, 2010 | - | - | 1408 | |
Aug 28, 2006 | - | - | 8219 | |
Sep 09, 2005 | - | - | 2719 | |
May 24, 1996 | - | - | 7012 |
Acquired companies in Seafund's Portfolio
4 companies from Seafund's portfolio have been acquired. The most recent acquisition was Rediff.com in Aug 2024 by Infibeam Avenues for $*****.Here are Seafund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 02, 2024 | - | - | 9180 | |
Jul 08, 2022 | - | - | 8693 | |
Jan 05, 2022 | Jul 09, 2019 | Seed | 7167 | |
Feb 15, 2021 | - | - | 3961 |
Team profile of Seafund
Seafund has a team of 10 members including 6 Partners and 1 Principal located in India and United States. Seafund's team does not sit on the board of any company as of now.Here is a list of all team members in Seafund:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | United States | - | ||
Partner | Bengaluru | - | - | |
Partner | Bengaluru | - | ||
Partner | India | - | ||
Partner | Bengaluru | - | ||
Partner | India | - | ||
Principal | Delhi | - |
Co-investors of Seafund
Over the past 8 years, 567 investors have co-invested in Seafund's portfolio companies. This includes funds and angels.
- Invested before Seafund: Unicorn India Ventures, Techstars and 232 others have invested in rounds before Seafund. There are 3 companies where Unicorn India Ventures has invested before Seafund and 2 companies where Techstars has invested before Seafund.
- Top Co-investors of Seafund: 205 investors entered a company along with Seafund. These include investors like Unicorn India Ventures (3 companies).
- Invested after Seafund: A total of 128 investors have invested in Seafund's portfolio after their investments. Top Investors include We Founder Circle (2 companies), Haldiram (1 company) and FBC (1 company).
Recent News related to Seafund
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Healthcare AI Startup Consint.AI Raises Rs 22 Cr in Series A FundingEntrackr•Aug 06, 2026•Seafund, Consint, Equanimity Investments
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TakeMe2Space Raises $5 Mn To Expand Its Satellite ConstellationInc42•Jan 08, 2026•TakeMe2Space, Chiratae Ventures, Artha Venture Fund, Artha Venture Fund and 2 others
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These VCs Will Give You Money if You’re a Deep Tech StartupAnalytics India Magazine•Oct 12, 2025•Speciale Invest, YourNest, Seafund, pi Ventures and 4 others
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Nirala World-backed AIF to invest Rs 2,000 crore in distressed real estate projectsMoneycontrol•May 02, 2025•Nirala World, Seafund
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SGRE Fund Raises ₹450 Crore for Real Estate InvestmentsIndiatimes•May 01, 2025•SGRE, Nirala World, Seafund
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Worrying? Funding in late-stage deeptech start-ups decline 69% in 2024New Indian Express•Apr 11, 2025•Seafund, Bluehill VC
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Semiconductor Startup CalligoTech Raises $1.1 million in Pre-Series A led by Seafund & Artha Venture FundStartupTalky•Apr 07, 2025•Calligo, Artha Venture Fund, Seafund
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Bengaluru-Based Calligo Technologies Secures $1.1 Mn in Series A FundingAnalytics India Magazine•Apr 07, 2025•Calligo, Artha Venture Fund, Seafund
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Calligo Technologies Raises $1.1M To Build Next-Gen POSIT-Based ChipsSafeguard Financial•Apr 07, 2025•Calligo, Seafund, Artha Venture Fund, Calligotech
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CalligoTech Secures $1.1M in Pre-Series A FundingFinSMEs•Apr 07, 2025•Calligo, Seafund, Artha Venture Fund, Calligotech
