About Thapar Vision
Thapar Vision is a venture capital firm founded in 2021. It is primarily based out of Pune, India. As of Nov 2025, Thapar Vision is an active investor, having invested in 55 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 Retail to Consumer and HealthTech. Most recently it participated in the $***** Series A round of HerKey Overall, Thapar Vision portfolio has seen 1 acquisition, namely Tagz Foods. A lot of funds co-invest with Thapar Vision, with names like Namita Thapar sharing a substantial percentage of its portfolio. Thapar Vision has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
Deals in last 12 months
Thapar Vision's List of Top Investments
Thapar Vision has a portfolio of 55 companies. Their most notable investments are in Ubreathe and Menstrupedia.Their portfolio spans across and India. They have invested in Retail, Consumer, HealthTech and 12 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Thapar Vision:_1578648263290.png?format=webp&height=120&width=120){kind=logo}
1. STAGE
Provider of Indian movies, web series and originals. It offers a variety of content in different languages such as Haryanvi, Rajasthani, Bhojpuri, and Gujarati. The platform provides access to a wide selection of movies and shows across genres like drama, romance, thriller, and comedy.
Key facts about STAGE
- Founded Year: 2019
- Location: Delhi (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $23.7M
- Employee Count: 109 as on Aug 31, 2025
- Investors: Alteria Capital, LetsVenture and 198 Others
- Latest Funding Round: Series B, Dec 13, 2024, $*****
- Highlight: Editors' Pick
2. Palmonas
Online retailer of demifine jewellery crafted with gold and silver. The company provides a variety of products, including necklaces, earrings, rings, bracelets, and mangalsutras. The jewellery is made with materials such as sterling silver, surgical steel, and lab-grown diamonds.
Key facts about Palmonas
- Founded Year: 2022
- Location: Pune (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $47.3M
- Employee Count: 228 as on Aug 31, 2025
- Investors: Xponentia Capital, Vertex Ventures and 24 Others
- Latest Funding Round: Series B, Jan 31, 2026, $*****
- Highlight: Editors' Pick
3. Sunfox
Provider of Ultra portable AI ECG devices enabling precise heart diagnosis via smartphones. The devices facilitate cardiac monitoring and early detection of heart conditions. The solutions enable seamless cardiac diagnostics in medical settings and support remote monitoring and early detection for patients at home. It offers devices with varying capabilities, including 12 lead options, AI Capabilities, Cloud Platform and smartphone compatibility.
Key facts about Sunfox
- Founded Year: 2016
- Location: Dehradun (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $2.29M
- Employee Count: 103 as on Aug 31, 2025
- Investors: CapFort Ventures, Venture Catalysts and 58 Others
- Latest Funding Round: Seed, Aug 28, 2024, $*****
- Highlight: Editors' Pick
4. FAE Beauty
Online retailer of cosmetic products including makeup and skincare items. The inventory includes various facial makeup, lip products, eye cosmetics, and skincare formulations. These products are designed for application on different skin tones. The business provides tools and accessories for makeup application alongside its primary product lines.
Key facts about FAE Beauty
- Founded Year: 2019
- Location: Mumbai (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.71M
- Employee Count: 26 as on May 31, 2025
- Investors: Titan Capital, Patni Financial Advisors and 20 Others
- Latest Funding Round: Seed, Nov 24, 2025, $*****
5. P-TAL
Manufacturer of handcrafted metal kitchenware and cookware. Products include vessels and utensils made from brass, copper, and bronze. These items are created using traditional metalworking techniques to provide functional kitchen tools for cooking, serving, and dining. The manufacturing process focuses on shaping raw metal sheets into durable items designed for daily use.
Key facts about P-TAL
- Founded Year: 2017
- Location: Panchkula (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.64M
- Employee Count: 50 as on Apr 30, 2026
- Investors: Angel List, Anicut Capital and 52 Others
- Latest Funding Round: Seed, Jul 29, 2025, $*****
- Highlight: Editors' Pick
Thapar Vision's Year-on-Year Investment Trends
Thapar Vision has invested in 55 companies over the last 5 years, with an average of 8 new investments annually in the last 5 years. In 2025, it made 6 investments. Its most recent first time investment was in HerKey and most recent follow-on round was in Flexifyme.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 6 | 0 | 6 |
2024 | 10 | 0 | 10 |
2023 | 8 | 4 | 12 |
2022 | 14 | 0 | 14 |
2021 | 5 | 0 | 5 |
Thapar Vision's Investments by Stage
Thapar Vision has made 36 investments in Seed stage with an average round size of $456K, 6 investments in Series A stage with an average round size of $2.48M and 1 investment in Angel stage with an average round size of $89.9K.Stage of entry | No. of Investments |
|---|---|
Seed | 36 |
Series A | 6 |
Angel | 1 |
Note: We have considered here, only first round of investments
Thapar Vision's Investments by Sector
Thapar Vision has a diverse portfolio, with companies operating in the Consumer, Retail, Consumer Goods, Food and Agriculture and Food and Agriculture Tech. Notably, it has invested in 44 Consumer (B2C) companies, 42 Tech companies, 14 Enterprise (B2B) companies and at least 9 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 24 |
Retail | 21 |
Consumer Goods | 18 |
Food and Agriculture | 10 |
Food and Agriculture Tech | 9 |
Others | 34 |
Note: We have considered here, only first round of investments
Thapar Vision's Investments by Geography
Thapar Vision has made most investments in India (43).Thapar Vision's recent investments
Thapar Vision has not made any investment in 2026 so far.Here are the most recent investments by Thapar Vision:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 25, 2025 | India | Series A | 4403 | [+9] | |
Jun 20, 2025 | India | Seed | 4263 | - | |
May 07, 2025 | India | Seed | 7942 | [+3] | |
Mar 10, 2025 | India | Seed | 6679 | [+9] | |
Jan 07, 2025 | India | Seed | 9034 | - |
Acquired companies in Thapar Vision's Portfolio
1 company from Thapar Vision's portfolio has been acquired. The most recent acquisition was Tagz Foods in Nov 2024 by Reliance Consumer Products for $*****.Here are Thapar Vision's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 13, 2024 | Dec 29, 2021 | Seed | 6246 |
Team profile of Thapar Vision
Thapar Vision has a team of 2 members including 2 Partners located in India. Thapar Vision's team sits on the board of 2 companies.Co-investors of Thapar Vision
Over the past 5 years, 1425 investors have co-invested in Thapar Vision's portfolio companies. This includes funds and angels.
- Invested before Thapar Vision: Namita Thapar, Venture Catalysts and 798 others have invested in rounds before Thapar Vision. There are 14 companies where Namita Thapar has invested before Thapar Vision and 6 companies where Venture Catalysts has invested before Thapar Vision.
- Top Co-investors of Thapar Vision: 392 investors entered a company along with Thapar Vision. These include investors like Namita Thapar (15 companies).
- Invested after Thapar Vision: A total of 233 investors have invested in Thapar Vision's portfolio after their investments. Top Investors include Namita Thapar (6 companies), Venture Catalysts (3 companies) and Brew Opportunities Fund (2 companies).
