About Sprout Venture Partners
Sprout Venture Partners is a venture capital firm founded in 2016. It is primarily based out of Bengaluru, India. As of Nov 2025, Sprout Venture Partners is an active investor, having invested in 20 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 Enterprise Applications to Retail and Consumer. Most recently it participated in the $***** Seed round of Lorazzo Overall, Sprout Venture Partners portfolio has seen 1 IPO and 1 acquisition, namely Eternal and Goals101. A lot of funds co-invest with Sprout Venture Partners, with names like Texport Industries sharing a substantial percentage of its portfolio. Sprout Venture Partners has team of 3 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio IPOs
Portfolio Acquisitions
Deals in last 12 months
Sprout Venture Partners' List of Top Investments
Sprout Venture Partners has a portfolio of 20 companies. Their most notable investments are in Ripplr and House Of Zelena.Their portfolio spans across India and United States. They have invested in Enterprise Applications, Retail, Consumer and 12 other sectors, across stages such as Seed stage. Here is the list of top investments by Sprout Venture Partners:
1. Eternal
Provider of restaurant connections, grocery delivery, retail experiences, and food sourcing. The company connects individuals to restaurants for dining experiences. It delivers groceries and essentials. The company also delivers retail experiences and community projects. It helps restaurants source fresh, sustainable products.
Key facts about Eternal
- Founded Year: 2008
- Location: India
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $1.66B
- Employee Count: 1,585 as on Aug 31, 2026
- Investors: HDFC Mutual Fund, Fidelity Investments and 51 Others
- Latest Funding Round: Post IPO, Nov 28, 2024, $*****
- Highlight: Public
2. Ripplr
Provider of distribution and logistics services for multiple industry verticals. The company offers services such as order fulfillment, warehousing, and collections. It provides logistics, storage, and tracking for white goods and e-commerce. The company also offers end-to-end supply chain solutions for retailers. Services include onboarding, product and price management, and purchase order management. The company provides vehicle dispatch processing, delivery applications, and payment collections. Logistics services include surface transport, warehouse management, and last mile delivery.
Key facts about Ripplr
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $123M
- Employee Count: 514 as on Aug 31, 2025
- Investors: Trifecta Capital, Fireside Ventures and 45 Others
- Latest Funding Round: Series C, Nov 28, 2025, $*****
- Highlight: Editors' Pick
Provider of platform for employee recognition, rewards, incentives, and wellbeing. The platform offers tools for real-time recognition, social engagement, and data-driven insights to enhance workplace culture. It facilitates personalized rewards, global options, and seamless redemption experiences. The platform also delivers solutions for sales contests, loyalty programs, sentiment analysis, and employee resource groups.
Key facts about AdvantageClub.ai
- Founded Year: 2016
- Location: San Francisco (United States)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $11M
- Employee Count: 228 as on Mar 31, 2026
- Investors: Flucas Ventures, Pratithi Investments and 70 Others
- Latest Funding Round: Seed, Dec 02, 2024, $*****
- Highlight: Editors' Pick
4. Rusk Media
Developer of mobile-first entertainment IPs and branded gaming experiences. This entity creates and distributes serialized video content across various platforms, focusing on young adult audiences. It also develops customized branded mobile games and interactive advertisements for clients, extending into augmented and virtual reality filter creation. The company's offerings encompass the entire lifecycle of IP development, from creation to distribution and monetization.
Key facts about Rusk Media
5. Pixis
Provider of an AI-powered platform for advertising campaign optimization and creative generation. The platform offers tools for audience targeting, bid and budget management, and dynamic campaign adjustments. It also provides AI-driven recommendations, trend analysis, and creative generation capabilities, including static to video conversion and cross-platform outputs. The platform serves various industries, including retail, consumer packaged goods, healthcare, and telecoms.
Key facts about Pixis
- Founded Year: 2018
- Location: Burlingame (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $209M
- Employee Count: 429 as on Aug 31, 2026
- Investors: Chiratae Ventures, General Atlantic and 13 Others
- Latest Funding Round: Series C, Sep 14, 2023, $*****
- Highlight: Editors' Pick
Sprout Venture Partners' Year-on-Year Investment Trends
Sprout Venture Partners has invested in 20 companies over the last 9 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 2 investments. Its most recent first time investment was in Lorazzo and most recent follow-on round was in AdvaRisk.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 0 | 2 |
2024 | 2 | 0 | 2 |
2023 | 0 | 1 | 1 |
2022 | 0 | 0 | 0 |
2021 | 0 | 4 | 4 |
2020 | 2 | 6 | 8 |
2019 | 6 | 2 | 8 |
2018 | 3 | 0 | 3 |
2017 | 1 | 0 | 1 |
Sprout Venture Partners' Investments by Stage
Sprout Venture Partners has made 16 investments in Seed stage with an average round size of $761K.Sprout Venture Partners' Investments by Sector
Sprout Venture Partners has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, HealthTech and Vertical SaaS. Notably, it has invested in 19 Tech companies, 11 Consumer (B2C) companies, 10 Enterprise (B2B) companies and at least 10 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 9 |
Retail | 8 |
Enterprise Applications | 6 |
HealthTech | 5 |
Vertical SaaS | 5 |
Others | 18 |
Note: We have considered here, only first round of investments
Sprout Venture Partners' Investments by Geography
Sprout Venture Partners has made most investments in India (16), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 16 |
United States | 1 |
Note: We have considered here, only first round of investments
Sprout Venture Partners' recent investments
Sprout Venture Partners has not made any investment in 2026 so far.Here are the most recent investments by Sprout Venture Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 05, 2025 | India | Seed | 4997 | [+6] | |
Sep 04, 2025 | India | Seed | 6676 | [+1] | |
Oct 01, 2024 | India | Seed | 5481 | [+3] | |
Sep 13, 2024 | India | Seed | 4409 | [+10] | |
Mar 21, 2023 | India | Series A | 2991 | [+10] |
IPOs and Publicly Listed companies in Sprout Venture Partners' Portfolio
1 of Sprout Venture Partners' portfolio company became public - Eternal. It got listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), in Jul 2021 at marketcap of $7.22BHere are Sprout Venture Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 23, 2021 | - | - | 4013 |
Acquired companies in Sprout Venture Partners' Portfolio
1 company from Sprout Venture Partners' portfolio has been acquired. The most recent acquisition was Goals101 in Dec 2023 by M2P Fintech for $*****.Here are Sprout Venture Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 13, 2023 | Sep 20, 2017 | Seed | 1161 |
Team profile of Sprout Venture Partners
Sprout Venture Partners has a team of 3 members including 2 Partners located in India. Sprout Venture Partners' team does not sit on the board of any company as of now.Co-investors of Sprout Venture Partners
Over the past 9 years, 495 investors have co-invested in Sprout Venture Partners's portfolio companies. This includes funds and angels.
- Invested before Sprout Venture Partners: Vivek Gupta, Praveen Das and 135 others have invested in rounds before Sprout Venture Partners. There are 2 companies where Vivek Gupta has invested before Sprout Venture Partners and 2 companies where Praveen Das has invested before Sprout Venture Partners.
- Top Co-investors of Sprout Venture Partners: 185 investors entered a company along with Sprout Venture Partners. These include investors like Texport Industries (2 companies).
- Invested after Sprout Venture Partners: A total of 173 investors have invested in Sprout Venture Partners's portfolio after their investments. Top Investors include Alteria Capital (2 companies), 100Unicorns (2 companies) and Fireside Ventures (1 company).
Recent News related to Sprout Venture Partners
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Lorazzo Secures INR 5 Cr in Seed Funding Led by Sprout Venture Partners and First ChequeEnablers•Jan 22, 2026•Lorazzo, First Cheque, Sprout Venture Partners, Chandigarh Angels Network and 1 other
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Recognize Announces Majority Investment In SproutPR Newswire•Jan 09, 2025•Recognize, New Capital Partners, Sprout Venture Partners
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SaaS startup Taqtics raises $1.2 Mn in seed roundEntrackr•Nov 20, 2024•Taqtics, Java Capital, Sprout Venture Partners, Capital A
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Key Venture Investor Forum Invests in Women-focused Healthcare Startup Newmi CareLokmat•Sep 14, 2024•Newmi, Sprout Venture Partners, LetsVenture, Marquee Equity and 2 others
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Women health platform Newmi Care raises $1.5 Mn in Seed roundEntrackr•Sep 13, 2024•Newmi, Sprout Venture Partners, LetsVenture, Sarcha Advisors and 1 other
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Berlin biotech startup Quazy Foods secures €8 million in seed fundingFoodTalks•Dec 07, 2023•Quazy Foods, ProVeg, Antler, Sprout & About and 1 other
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B2B SaaS firm Dyne collects C$1.6m seedVCJ•Mar 24, 2023•Dyne, Weave, Sprout Venture Partners, Inverted Ventures
