About Splice Capital
Splice Capital is a venture capital firm founded in 2010. It is primarily based out of Hyderabad, India. As of Mar 2021, Splice Capital has invested in 23 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 Retail and Consumer. Most recently it participated in the $***** Series A round of Sirona Overall, Splice Capital portfolio has seen 1 unicorn and 6 acquisitions including key companies like Druva, Yaantra and Sirona. A lot of funds co-invest with Splice Capital, with names like IAN Group sharing a substantial percentage of its portfolio. Splice Capital has team of 3 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Splice Capital's List of Top Investments
Splice Capital has a portfolio of 23 companies, one of which is a Unicorn. Their most notable investments are in GreyCampus and KobZo.Their portfolio spans across India and United States. They have invested in Enterprise Applications, Retail, Consumer and 13 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Splice Capital:
1. EatClub
Operator of a food delivery application. The platform facilitates the ordering and delivery of food items from various restaurants to customers.
Key facts about EatClub
- Founded Year: 2012
- Location: Mumbai (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $97.7M
- Employee Count: 3,656 as on Aug 31, 2025
- Investors: 360 One, Trifecta Capital and 76 Others
- Latest Funding Round: Series E, Jul 26, 2025, $*****
- Highlight: Editors' Pick
2. Druva
Provider of investment and venture capital services for early-stage technology companies. The firm focuses on identifying and supporting high-growth startups with the potential to reach significant market valuations, offering strategic guidance and capital to accelerate development and innovation within the technology sector.
Key facts about Druva
- Founded Year: 2008
- Location: Santa Clara (United States)
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $475M
- Employee Count: 1,369 as on Sep 30, 2026
- Investors: ADS Ventures, Founders Circle Capital and 42 Others
- Latest Funding Round: Series H, Apr 19, 2021, $*****
- Highlight: Editors' Pick
3. Kissflow
Provider of a low-code platform for building and managing enterprise applications. The platform offers tools for workflow automation, application development, and case management. It allows users to create custom applications, automate processes, and handle support requests. The platform also provides features for governance, data management, and user monitoring.
Key facts about Kissflow
4. Yaantra
Online platform for selling multi-category second hand smartphones and accessories. The company helps users to sell used phones and accessories of various brands. It also offer refurbished smartphones for users.
Key facts about Yaantra
- Founded Year: 2013
- Location: Noida (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $16.8M
- Employee Count: 138 as on Feb 28, 2025
- Investors: Carpediem Capital, A R Chadha And Co India and 32 Others
- Latest Funding Round: Series A, Oct 15, 2020, $*****
- Highlight: Acquired
5. Sirona
Retailer of intimate, menstrual, and toilet hygiene products. The company offers a range of products designed to address feminine hygiene and wellness needs. Its product line includes items for period care, intimate hygiene, hair removal, toilet hygiene, and personal safety. The company focuses on providing solutions for everyday problems related to feminine health and hygiene.
Key facts about Sirona
- Founded Year: 2015
- Location: Delhi (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $6.34M
- Employee Count: 151 as on Sep 30, 2026
- Investors: NB Ventures, Texport Industries and 83 Others
- Latest Funding Round: Series B, Nov 27, 2025, $*****
- Highlight: Acquired
Splice Capital's Year-on-Year Investment Trends
Splice Capital has invested in 23 companies over the last 14 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Thirdwatch.ai and most recent follow-on round was in Sirona.Splice Capital's Investments by Stage
Splice Capital has made 18 investments in Seed stage with an average round size of $352K and 2 investments in Series A stage with an average round size of $1.49M.Stage of entry | No. of Investments |
|---|---|
Seed | 18 |
Series A | 2 |
Note: We have considered here, only first round of investments
Splice Capital's Investments by Sector
Splice Capital has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, Consumer Goods and Enterprise Infrastructure. Notably, it has invested in 23 Tech companies, 17 Consumer (B2C) companies, 10 Enterprise (B2B) companies and at least 9 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 12 |
Retail | 8 |
Enterprise Applications | 5 |
Consumer Goods | 2 |
Enterprise Infrastructure | 2 |
Others | 16 |
Note: We have considered here, only first round of investments
Splice Capital's Investments by Geography
Splice Capital has made most investments in India (17), followed by United States where it has made 3 investments.Country | No. of Investments |
|---|---|
India | 17 |
United States | 3 |
Note: We have considered here, only first round of investments
Splice Capital's recent investments
Splice Capital has not made any investment in 2026 so far.Here are the most recent investments by Splice Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 18, 2021 | India | Series A | 9564 | ||
Feb 19, 2020 | India | Seed | 5778 | [+3] | |
Mar 09, 2018 | India | Seed | 4150 | [+34] | |
Sep 20, 2017 | India | Seed | 4310 | [+42] | |
Mar 31, 2017 | India | Seed | 3423 | [+26] |
Unicorns in Splice Capital's Portfolio
Splice Capital has 1 unicorn in its portfolio - Druva. The most recent unicorn in their portfolio is Druva which became a unicorn in 2019, 7 years before Splice Capital first invested in it.Here is a list of unicorns in Splice Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
74 | Provider of investment and venture capital services for early-stage technology companies | 2008 | Santa Clara | Series H | ntsarot |
Acquired companies in Splice Capital's Portfolio
6 companies from Splice Capital's portfolio have been acquired. The most recent acquisition was TaxSpanner in Sep 2024 by Zaggle for $*****.Here are Splice Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 26, 2024 | - | - | 7224 | |
Mar 23, 2022 | Apr 08, 2015 | Seed | 3959 | |
Jan 13, 2022 | Oct 06, 2014 | Seed | 4534 | |
Dec 21, 2021 | Mar 23, 2017 | Seed | 6574 | |
Aug 05, 2019 | Sep 20, 2017 | Seed | 8994 |
Team profile of Splice Capital
Splice Capital has a team of 3 members located in United Kingdom. Splice Capital's team does not sit on the board of any company as of now.Co-investors of Splice Capital
Over the past 14 years, 835 investors have co-invested in Splice Capital's portfolio companies. This includes funds and angels.
- Invested before Splice Capital: Pragnya, Clarion Technologies and 93 others have invested in rounds before Splice Capital. There are 2 companies where Pragnya has invested before Splice Capital and 2 companies where Clarion Technologies has invested before Splice Capital.
- Top Co-investors of Splice Capital: 386 investors entered a company along with Splice Capital. These include investors like IAN Group (13 companies).
- Invested after Splice Capital: A total of 354 investors have invested in Splice Capital's portfolio after their investments. Top Investors include Pratithi Investments (3 companies), Trifecta Capital (2 companies) and Carpediem Capital (2 companies).
Recent News related to Splice Capital
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Splice Private Equity to acquire Argo Group's Brazilian operationsPE Hub•Oct 04, 2021•Splice Capital, Argo
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VC-backed FabAlley's co-founder Shivani Poddar on growth plan, offline biz and moreVCCircle•Nov 10, 2017•FabAlley, India Quotient, Indian Angel Network, Splice Capital and 15 others
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AI startup ThirdWatch raises angel funding - Times of IndiaIndiatimes•Oct 10, 2017•Thirdwatch.ai, Indian Angel Network, Tholons Capital, B&K Securities and 36 others
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First Step raises funding from Indian Angel NetworkDeal Street Asia•Mar 07, 2017•First Step Digital, Indian Angel Network, Splice Capital, South Yarra Holdings and 34 others
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FabAlley raises Rs 13 crore in Series A funding led by India QuotientIndiatimes•Oct 13, 2016•FabAlley, India Quotient, Indian Angel Network, fashionbrand.it and 16 others
