About Sunicon
Sunicon is a venture capital firm founded in 2005. It is primarily based out of Mumbai, India. As of Jan 2026, Sunicon is an active investor, having invested in 23 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 High Tech to Enterprise Applications and Retail. Most recently it participated in the $***** Seed round of Sensesemi A lot of funds co-invest with Sunicon, with names like Subhkam Ventures sharing a substantial percentage of its portfolio. Sunicon has team of 16 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Seed & Series A
Sunicon's List of Top Investments
Sunicon has a portfolio of 23 companies. Their most notable investments are in SUIND and SUIND.Their portfolio spans across India, Singapore and United States. They have invested in High Tech, Enterprise Applications, Retail and 17 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Sunicon:
1. Neemans
Online retailer of shoes for men and women of all types. The company provides sneakers, slip-ons, loafers, and sandals. Also available are oxfords, slides, clogs, flip-flops, and flats. The retailer offers shoes for casual, sports, outdoor, formal, and daily use.
Key facts about Neemans
- Founded Year: 2017
- Location: Hyderabad (India)
- Annual Revenue: ₹108Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $19.4M
- Employee Count: 171 as on Jul 31, 2025
- Investors: Sharrp Ventures, Anicut Capital and 43 Others
- Latest Funding Round: Series B, Dec 29, 2025, $*****
- Highlight: Editors' Pick
2. GrowiT
Provider of plasticulture solutions for protected cultivation. They provide products including mulch films, crop covers, shade nets, grow bags, and agri wires to boost crop yields and sustainability. It also offer soil testing devices and related agronomy services.
Key facts about GrowiT
- Founded Year: 2020
- Location: Surat (India)
- Annual Revenue: ₹47.5Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $4.01M
- Employee Count: 91 as on Aug 31, 2025
- Investors: Gujarat Venture Finance, Hyderabad Angels and 91 Others
- Latest Funding Round: Series A, May 28, 2025, $*****
- Highlight: Editors' Pick
3. Cookd
Platform offering meal planning solution. It helps with meal planning and grocery shopping. It allows the customers to pick the recipes for the family and have groceries delivered from the grocer. The users can find recipes and cook with step-by-step videos instruction. The company offers mobile applications for Android and iOS platforms.
Key facts about Cookd
- Founded Year: 2020
- Location: Chennai (India)
- Annual Revenue: ₹11.7Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $4.04M
- Employee Count: 70 as on Apr 30, 2025
- Investors: Angel List, peercheque and 73 Others
- Latest Funding Round: Seed, Jun 30, 2025, $*****
- Highlight: Editors' Pick
4. Hyperbots
Developer of an AI platform for finance and accounting co-pilots. The platform offers pre-built ERP integration connectors for various systems. It provides AI co-pilots for invoice processing, accruals, procurement, and payments. The platform also includes co-pilots for sales tax verification, vendor management, collections, and cash application.
Key facts about Hyperbots
- Founded Year: 2023
- Location: Dover (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $14.5M
- Employee Count: 59 as on Aug 31, 2025
- Investors: Kalaari Capital, Athera and 8 Others
- Latest Funding Round: Series A, Mar 18, 2025, $*****
- Highlight: Editors' Pick
5. Vidyakul
Online platform offering learning solutions to crack board exams. It offers courses in maths, physics, chemistry, and more for students in class 9th to 12th. It also provides curriculum video lessons, study notes, sample papers, and question papers. The app is available for Android users.
Key facts about Vidyakul
- Founded Year: 2017
- Location: Gurugram (India)
- Annual Revenue: ₹17.9Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $2.76M
- Employee Count: 233 as on Mar 31, 2026
- Investors: NB Ventures, Singhvi Heritage and 156 Others
- Latest Funding Round: Seed, Jun 11, 2022, $*****
- Highlight: Editors' Pick
Sunicon's Year-on-Year Investment Trends
Sunicon has invested in 23 companies over the last 5 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 6 investments, while as of Jan 2026, it has made 1 investment in this year. Its most recent first time investment was in Sensesemi and most recent follow-on round was in SUIND.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 3 | 3 | 6 |
2024 | 4 | 1 | 5 |
2023 | 2 | 0 | 2 |
2022 | 4 | 0 | 4 |
2021 | 2 | 0 | 2 |
Sunicon's Investments by Stage
Sunicon has made 15 investments in Seed stage with an average round size of $1.05M and 1 investment in Series A stage with an average round size of $3M.Stage of entry | No. of Investments |
|---|---|
Seed | 15 |
Series A | 1 |
Note: We have considered here, only first round of investments
Sunicon's Investments by Sector
Sunicon has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Consumer, Food and Agriculture Tech and Vertical SaaS. Notably, it has invested in 22 Tech companies, 17 Enterprise (B2B) companies, 12 Consumer (B2C) companies and at least 8 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 7 |
Enterprise Applications | 6 |
Consumer | 3 |
Food and Agriculture Tech | 3 |
Vertical SaaS | 3 |
Others | 22 |
Note: We have considered here, only first round of investments
Sunicon's Investments by Geography
Sunicon has made most investments in India (15), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 15 |
United States | 1 |
Note: We have considered here, only first round of investments
Sunicon's recent investments
Sunicon has made 1 investments in 2026 so far - Sensesemi.Here are the most recent investments by Sunicon:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 21, 2026 | India | Seed | 7920 | [+7] | |
Oct 27, 2025 | India | Seed | 8354 | [+2] | |
Aug 12, 2025 | India | Seed | 8227 | [+2] | |
Jun 30, 2025 | India | Seed | 4711 | [+14] | |
May 28, 2025 | India | Series A | 8450 |
Team profile of Sunicon
Sunicon has a team of 16 members including 3 Partners located in India. Sunicon's team does not sit on the board of any company as of now.Here is a list of top team members in Sunicon:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mumbai | - | ||
Partner | Mumbai | - | ||
Partner | Mumbai | - | - |
Co-investors of Sunicon
Over the past 5 years, 440 investors have co-invested in Sunicon's portfolio companies. This includes funds and angels.
- Invested before Sunicon: Mehul Shah, CMG and 227 others have invested in rounds before Sunicon. There is 1 company where Mehul Shah has invested before Sunicon and 1 company where CMG has invested before Sunicon.
- Top Co-investors of Sunicon: 156 investors entered a company along with Sunicon. These include investors like Subhkam Ventures (3 companies).
- Invested after Sunicon: A total of 55 investors have invested in Sunicon's portfolio after their investments. Top Investors include Arkam Ventures (1 company), Darashaw (1 company) and Unitary (1 company).
Recent News related to Sunicon
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Sensesemi Bags ₹25 Cr Seed Funding to Build Edge AI ChipsAnalytics India Magazine•Jan 21, 2026•Jainoncor, LVX, Sensesemi, Piper Serica and 3 others
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Semiconductor Startup Sensesemi Raises INR 25 Cr To Build Edge AI ChipsInc42•Jan 21, 2026•Sensesemi, Piper Serica, Jainoncor, LVX and 4 others
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Performance nutrition brand Neulife raises $1 Mn in seed roundStartupNews•Oct 27, 2025•Subhkam Ventures, Neulife, Singularity Venture Partners, Sunicon
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Cookd Secures INR 16 Cr in Pre-Series A Funding Led by Spring Marketing CapitalEnablers•Jul 11, 2025•Cookd, Spring, Eternal Capital, Sunicon and 1 other
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GROWiT Raises $3 Million in Series A Funding for Agritech ExpansionIndian Startup News•May 28, 2025•GrowiT, Gujarat Venture Finance, Veloce Opportunities Fund, JITO Incubation & Innovation Foundation and 4 others
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Hyperbots Secures $6.5M Series A Fundingintelligence360•May 23, 2025•Hyperbots, Arkam Ventures, Athera, JSW Ventures and 3 others
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Hyperbots Raises $6.5M in Series A FundingFinSMEs•May 13, 2025•Hyperbots, Arkam Ventures, Athera, JSW Ventures and 3 others
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Hyperbots Secures $6.5M Series A FundingBusiness Line•May 13, 2025•Hyperbots, Arkam Ventures, Athera, JSW Ventures and 3 others
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Hyperbots Secures $6.5 Mn in Series FundingStartupNews•May 13, 2025•Hyperbots, Sunicon, JSW Ventures, Darashaw and 1 other
