About SRI Capital
SRI Capital is a venture capital firm founded in 2007. It is primarily based out of Philadelphia, United States. As of Jun 2025, SRI Capital has invested in 57 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 B round of SoftWear Automation Overall, SRI Capital portfolio has seen 1 unicorn, 1 IPO and 11 acquisitions including key companies like Accolade, Blaize and Phenom. A lot of funds co-invest with SRI Capital, with names like Anupam Mittal sharing a substantial percentage of its portfolio. SRI Capital has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Unicorns
SRI Capital's List of Top Investments
SRI Capital has a portfolio of 57 companies, one of which is a Unicorn. Their most notable investments are in Sports Flashes and UNCOVER Clinics.Their portfolio spans across India, United States, Singapore and 2 more locations. They have invested in Enterprise Applications, High Tech, Retail and 25 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by SRI Capital:
1. Accolade
Cloud-based platform for employee health benefits. The platform provides consumer healthcare engagement and influence solutions for employers and payer organizations. The company offers a web portal and app-based health assistant to consumers which acts as a point of contact for health benefits or healthcare needs. It has features for users to engage in healthcare plans, access clinical guidance, access population health management, and compares benefits.
Key facts about Accolade
- Founded Year: 2007
- Location: Plymouth Meeting (United States)
- Annual Revenue: $100M - $500M as on Feb 29, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $228M
- Investors: Cross Creek, Andreessen Horowitz and 17 Others
- Latest Funding Round: Post IPO, Oct 15, 2021, $*****
- Highlight: Acquired
2. Blaize
Developer of hardware and software solutions optimizing artificial intelligence applications. The company provides platforms designed for efficient, flexible, accurate, and cost-effective deployment of AI at the edge. It offers a graph streaming processor architecture and an AI software suite. The company’s products address AI use cases across various markets.
Key facts about Blaize
- Founded Year: 2010
- Location: El Dorado Hills (United States)
- Stage: Public
- Total Funding till date: $136M
- Employee Count: 132 as on Jan 31, 2025
- Investors: Samsung Catalyst Fund, Temasek and 24 Others
- Latest Funding Round: Post IPO, Nov 11, 2025, $*****
- Highlight: Public
3. Way2News
Provider of short-form news across multiple categories and various languages. It delivers real-time news through personalized feeds based on reading preferences. Features include news sharing, digital magazines, category-based news, and night mode. Users can participate in polls and bookmark articles.
Key facts about Way2News
- Founded Year: 2014
- Location: Hyderabad (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $30.8M
- Employee Count: 527 as on May 31, 2026
- Investors: WestBridge Capital, SRI Capital and 5 Others
- Latest Funding Round: Series B, Sep 09, 2024, $*****
- Highlight: Editors' Pick
4. Beroe
Provider of procurement intelligence platform with AI-driven insights and data. The platform offers category and supplier watch, inflation and risk monitoring, and autonomous negotiation services. It delivers category intelligence, benchmarking, supplier discovery, commodity analytics, and geopolitical insights. The platform also provides supplier risk monitoring, thought leadership, and training.
Key facts about Beroe
- Founded Year: 2005
- Location: Raleigh (United States)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $45.2M
- Employee Count: 917 as on May 31, 2026
- Investors: SRI Capital, Alchemy Capital Management and 41 Others
- Latest Funding Round: Series B, Sep 26, 2025, $*****
- Highlight: Editors' Pick
5. FabHotels
Chain of hotels. It provides regular training and auditing to hotel staff. It also provides one-stop destination for both independent and major chain as well as self-catering.
Key facts about FabHotels
SRI Capital's Year-on-Year Investment Trends
SRI Capital has invested in 57 companies over the last 18 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 2 investments. Its most recent first time investment was in Xook and most recent follow-on round was in SoftWear Automation.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 2 | 2 |
2024 | 0 | 0 | 0 |
2023 | 0 | 2 | 2 |
2022 | 2 | 1 | 3 |
2021 | 1 | 3 | 4 |
2020 | 1 | 4 | 5 |
2019 | 3 | 2 | 5 |
2018 | 4 | 4 | 8 |
2017 | 7 | 0 | 7 |
SRI Capital's Investments by Stage
SRI Capital has made 25 investments in Seed stage with an average round size of $1.31M, 5 investments in Series A stage with an average round size of $4.06M, 1 investment in Series B stage with an average round size of $18.1M and 1 investment in Unattributed stage with an average round size of $520K.Stage of entry | No. of Investments |
|---|---|
Seed | 25 |
Series A | 5 |
Series B | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
SRI Capital's Investments by Sector
SRI Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Food and Agriculture Tech, High Tech and Retail. Notably, it has invested in 49 Tech companies, 37 Enterprise (B2B) companies, 29 Software companies and at least 22 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 12 |
Consumer | 6 |
Food and Agriculture Tech | 6 |
High Tech | 6 |
Retail | 6 |
Others | 38 |
Note: We have considered here, only first round of investments
SRI Capital's Investments by Geography
SRI Capital has made most investments in India (23), followed by United States where it has made 10 investments.Country | No. of Investments |
|---|---|
India | 23 |
United States | 10 |
Sweden | 1 |
Note: We have considered here, only first round of investments
SRI Capital's recent investments
SRI Capital has not made any investment in 2026 so far.Here are the most recent investments by SRI Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 09, 2025 | United States | Series B | 6170 | [+2] | |
May 26, 2025 | India | Seed | 9023 | - | |
Oct 06, 2023 | India | Series A | 9618 | [+4] | |
Jul 13, 2023 | India | Series B | 1659 | [+8] | |
Jun 01, 2022 | United States | Seed | 6054 |
Unicorns in SRI Capital's Portfolio
SRI Capital has 1 unicorn in its portfolio - Phenom. The most recent unicorn in their portfolio is Phenom which became a unicorn in 2021, 5 years before SRI Capital first invested in it.Here is a list of unicorns in SRI Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Provides talent experience management platform | 2010 | Ambler | Series D | lawetwc |
IPOs and Publicly Listed companies in SRI Capital's Portfolio
1 of SRI Capital's portfolio company became public - Blaize. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jan 2022.Here are SRI Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 31, 2022 | - | - | 3778 |
Acquired companies in SRI Capital's Portfolio
11 companies from SRI Capital's portfolio have been acquired. The most recent acquisition was Accolade in Jan 2025 by Transcarent for $*****.Here are SRI Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 08, 2025 | - | - | 6735 | |
May 02, 2023 | Sep 05, 2018 | Seed | 9499 | |
May 23, 2022 | Feb 15, 2017 | Seed | 8456 | |
Jan 18, 2022 | - | - | 3741 | |
Dec 13, 2021 | - | - | 2394 |
Team profile of SRI Capital
SRI Capital has a team of 3 members including 3 Partners located in India and United States. SRI Capital's team does not sit on the board of any company as of now.Here is a list of all team members in SRI Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | |||
Partner | Hyderabad | - | - | |
Partner | Philadelphia | - |
Co-investors of SRI Capital
Over the past 18 years, 531 investors have co-invested in SRI Capital's portfolio companies. This includes funds and angels.
- Invested before SRI Capital: Sashi Parvatha Reddi, Rahul Kayan and 217 others have invested in rounds before SRI Capital. There are 3 companies where Sashi Parvatha Reddi has invested before SRI Capital and 2 companies where Rahul Kayan has invested before SRI Capital.
- Top Co-investors of SRI Capital: 205 investors entered a company along with SRI Capital. These include investors like Anupam Mittal (2 companies).
- Invested after SRI Capital: A total of 107 investors have invested in SRI Capital's portfolio after their investments. Top Investors include Ben Franklin Technology Partners (2 companies), Hyderabad Angels (2 companies) and ValueLabs (2 companies).
Recent News related to SRI Capital
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Softwear Automation Gains $20M in Series B1 Funding Led by BESTSELLER PartnershipSilicon Valley Journals•Aug 12, 2025•SoftWear Automation, BESTSELLER, MacDonald Ventures, SRI Capital and 2 others
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Wing Tai buys Holland Tower for $76.3 millionThe Straits Times•Mar 15, 2023•Wing Tai Holdings, SRI Capital, Estate Balestier Centre
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Brown Foods secures $2.6m in seed funding roundPrivate Equity Wire•Jun 13, 2022•My Flour Bag, Y Combinator, AgFunder, SRI Capital and 3 others
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Kunal Shah, Y Combinator Back Dairy Alternatives Startup Brown FoodsEnablers•Jun 10, 2022•, Y Combinator, AgFunder, SRI Capital and 4 others
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Xook Raises $1.3 Million to Roll Out Robotic ‘Food Courts in a Box’ in The USThe Spoon•Jun 01, 2022•Xook, SRI Capital, PitchRight Ventures, LetsVenture and 2 others
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MyShubhLife raises Rs 100 CrEntrackr•Apr 11, 2022•MyShubhLife, Gojo, Pravega Ventures, SRI Capital and 8 others
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Meddo Health closes pre-series A round at $6 million led by SRI CapitalBusiness Standard•Jun 30, 2021•SRI Capital, Picus Capital, Alkemi Growth Capital, UNCOVER Clinics
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Meddo Expands Pre-Series A Round With Funding From Picus CapitalInc42•Jan 07, 2021•Picus Capital, SRI Capital, LetsVenture, GrowX Ventures and 2 others
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Spoonshot Raises $1M for its AI-Powered Flavor Trend Prediction ServiceThe Spoon•Sep 08, 2020•Spoonshot, SRI Capital
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Shubh Loans has raised $4.8M as a part of its Series A roundIndiatimes•Oct 02, 2019•Shubh Loans, Omidyar Network, Saama Capital, Beenext and 2 others
