About Touchstone
Touchstone is a venture capital firm founded in 2021. It is primarily based out of Ho Chi Minh City, Vietnam. As of Dec 2024, Touchstone has invested in 14 companies. It primarily invests in Seed round in Singapore based startups. Its investments are spread across a wide range of sectors from EdTech to Food and Agriculture Tech and Retail. Most recently it participated in the $***** Seed round of Enfarm Overall, Touchstone portfolio has seen 1 IPO, namely Stride. A lot of funds co-invest with Touchstone, with names like Lepton Software sharing a substantial percentage of its portfolio.Touchstone's List of Top Investments
Touchstone has a portfolio of 14 companies. Their most notable investments are in Stride and Enfarm.Their portfolio spans across Singapore, Vietnam, India and 2 more locations. They have invested in EdTech, Food and Agriculture Tech, Retail and 12 other sectors, across stages such as Seed, Post IPO and 1 more. Here is the list of top investments by Touchstone:1. Mokobara
Provider of luggage, backpacks, totes, handbags, briefcases, and travel accessories. It designs and sells cabin luggage, check-in luggage, trunk luggage, luggage sets, kids' luggage, work backpacks, everyday backpacks, travel backpacks, and diaper backpacks. It also offers travel accessories and gift cards.
Key facts about Mokobara
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: ₹240Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $24.1M
- Employee Count: 236 as on Aug 31, 2025
- Investors: Angel List, Desai Ventures and 58 Others
- Latest Funding Round: Series B, Feb 16, 2024, $*****
- Highlight: Editors' Pick

2. PREP
Provider of a test preparation platform. It provides video lectures, sample papers, exercises, and mini tests for preparing for exams such as IELTS, TOEIC, and more. Its mobile app is available for both the ios and android platforms.
Key facts about PREP
- Founded Year: 2020
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $9M
- Investors: Saison Capital, Touchstone and 3 Others
- Latest Funding Round: Series A, Apr 26, 2024, $*****
3. Adonmo
Network of screens providing digital advertising and content delivery services. The business offers platforms for managing and displaying advertisements across various screen types. These services include content management systems and advertising delivery solutions. The company provides tools for businesses to manage their digital presence.
Key facts about Adonmo
- Founded Year: 2017
- Location: Hyderabad (India)
- Annual Revenue: ₹134Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $72.4M
- Employee Count: 332 as on Aug 31, 2025
- Investors: Northern Arc Capital, Venture Catalysts and 132 Others
- Latest Funding Round: Series C, Sep 25, 2024, $*****
- Highlight: Editors' Pick
4. SpeedLabs
Chains providing online tutoring and test preparation for school students. They offer courses for grades one through twelve, covering multiple educational boards. The company provides adaptive learning platforms with practice questions and progress analytics. They also offer coding and space technology courses for various age groups.
Key facts about SpeedLabs
- Founded Year: 2015
- Location: Mumbai (India)
- Annual Revenue: ₹14.3Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $8.76M
- Employee Count: 11 as on Mar 31, 2025
- Investors: Sarcha Advisors, Bay Capital and 164 Others
- Latest Funding Round: Seed, Nov 17, 2025, $*****
- Highlight: Editors' Pick

5. Stride
Key facts about Stride
- Founded Year: 2000
- Location: Herndon (United States)
- Annual Revenue: $2.41B as on Jun 30, 2025
- Stage: Public
- Employee Count: 5,805 as on Apr 30, 2026
- Investors: TCV, Triodos Investment Management and 9 Others
- Latest Funding Round: Post IPO, May 26, 2023, $*****
- Highlight: Public
Touchstone's Year-on-Year Investment Trends
Touchstone has invested in 14 companies over the last 5 years, with an average of 2 new investments annually in the last 5 years. Its most recent first time investment was in Enfarm and most recent follow-on round was in PREP.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 3 | 1 | 4 |
2023 | 3 | 0 | 3 |
2022 | 6 | 0 | 6 |
2021 | 1 | 0 | 1 |
Touchstone's Investments by Stage
Touchstone has made 11 investments in Seed stage with an average round size of $1.88M, 1 investment in Post IPO stage with an average round size of $2M and 1 investment in Series A stage with an average round size of $3.6M.Stage of entry | No. of Investments |
|---|---|
Seed | 11 |
Post IPO | 1 |
Series A | 1 |
Note: We have considered here, only first round of investments
Touchstone's Investments by Sector
Touchstone has a diverse portfolio, with companies operating in the Consumer, Retail, Sustainability Tech, EdTech and Enterprise Applications. Notably, it has invested in 12 Tech companies, 7 Enterprise (B2B) companies, 6 Software companies and at least 5 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 5 |
Retail | 3 |
Sustainability Tech | 3 |
EdTech | 2 |
Enterprise Applications | 2 |
Others | 14 |
Note: We have considered here, only first round of investments
Touchstone's Investments by Geography
Touchstone has made most investments in Singapore (4), followed by Vietnam where it has made 4 investments.Country | No. of Investments |
|---|---|
Singapore | 4 |
Vietnam | 4 |
India | 3 |
Colombia | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Touchstone's recent investments
Touchstone has not made any investment in 2026 so far.Here are the most recent investments by Touchstone:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 26, 2024 | Vietnam | Seed | 9746 | [+1] | |
May 02, 2024 | Vietnam | Seed | 4471 | - | |
Apr 26, 2024 | Singapore | Series A | 7839 | [+3] | |
Apr 02, 2024 | Singapore | Seed | 5446 | [+3] | |
Aug 23, 2023 | India | Series A | 9676 | [+24] |
IPOs and Publicly Listed companies in Touchstone's Portfolio
1 of Touchstone's portfolio company became public - Stride. It got listed on the New York Stock Exchange (NYSE), in Dec 2007.Here are Touchstone's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 14, 2007 | May 26, 2023 | Post IPO | 4488 |
Co-investors of Touchstone
Over the past 5 years, 340 investors have co-invested in Touchstone's portfolio companies. This includes funds and angels.
- Invested before Touchstone: Kishore Kumar Ganji, Saama and 217 others have invested in rounds before Touchstone. There are 2 companies where Kishore Kumar Ganji has invested before Touchstone and 1 company where Saama has invested before Touchstone.
- Top Co-investors of Touchstone: 84 investors entered a company along with Touchstone. These include investors like Lepton Software (2 companies).
- Invested after Touchstone: A total of 37 investors have invested in Touchstone's portfolio after their investments. Top Investors include Peak XV Partners (1 company), Aditya Birla Ventures (1 company) and East Ventures (1 company).
Recent News related to Touchstone
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Vietnam Solar Startup Stride Secures $15 Million Series B FundingSolarQuarter•May 21, 2026•Stride, Touchstone, Lightrock, Clime Capital Management and 2 others
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Swish Club's Funding Drives AI Innovation in IT DevicesCyberMedia India Online•Feb 21, 2025•Swish Club, Powerhouse Ventures, Blume Venture, Founders Fund and 5 others
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Antler announces £1M investment in nine new startups from their residency programmeTech Funding News•Apr 16, 2024•Antler, Alterno, The Radical Fund, Touchstone Partners and 4 others
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Mokobara Raises $3.6 Mn From Existing Investors Saama Capital, Alteria Capital, OthersInc42•Oct 19, 2023•Mokobara, Saama, Alteria Capital, Sauce and 2 others
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Selex Motors raises $3 million from ADB Ventures, Schneider Electric Energy Access Asia and othersPR Newswire•Apr 20, 2023•Selex, , Asian Development Bank, Schneider Electric and 3 others
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Eureka Robotics, the team behind the ‘IkeaBot’, picks up $4.25MTechCrunch+•May 10, 2022•Eureka Robotics, UTEC, Touchstone Partners, ATEQ and 2 others
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AI-powered engineering platform Monolith raises £8.5 millionTech.eu•Aug 23, 2021•Monolith, Insight Partners, Pentech, Touchstone Partners and 6 others
