About Trayi
Trayi is a venture capital firm founded in 2016. It is primarily based out of Bengaluru, India. As of Jan 2019, Trayi has invested in 39 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 Retail and Consumer. Most recently it participated in the $***** Seed round of Nanoclean Overall, Trayi portfolio has seen 4 IPOs and 11 acquisitions including key companies like Lenskart, Nazara and Justdial. A lot of funds co-invest with Trayi, with names like Ravi Garikipati sharing a substantial percentage of its portfolio. Trayi has team of 1 people.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
Portfolio Soonicorns
Trayi's List of Top Investments
Trayi has a portfolio of 39 companies. Their most notable investments include Lenskart and Nazara.Their portfolio spans across India, United States, Czech Republic and 2 more locations. They have invested in Enterprise Applications, Retail, Consumer and 21 other sectors, across stages such as Seed stage. Here is the list of top investments by Trayi:
1. Lenskart
Online eyewear retailer offering a range of eyeglasses, sunglasses, and contact lenses for sale. It is an eyewear company offering a wide range of eyeglasses, sunglasses, and contact lenses through its e-commerce platform and physical stores. The company utilizes technology-driven features such as 3D try-on and prescription services to enhance customer experience.
Key facts about Lenskart
- Founded Year: 2008
- Location: Gurugram (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $1.04B
- Employee Count: 18,984 as on Apr 30, 2026
- Investors: ADIA, Fidelity Investments and 56 Others
- Latest Funding Round: Series I, Jul 21, 2023, $*****
- Highlight: Public
2. Nazara
Provider of diversified gaming and sports media platform. It develops learning apps for preschoolers, online playgrounds for kids, and mobile sports games. It operates a sports news website and an esports company that organizes tournaments. It also runs a games marketing agency connecting brands and publishers with gamers.
Key facts about Nazara
- Founded Year: 1999
- Location: Mumbai (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $128M
- Employee Count: 63 as on Mar 31, 2025
- Investors: WestBridge Capital, GIC and 102 Others
- Latest Funding Round: Post IPO, Jan 20, 2025, $*****
- Highlight: Public
3. Justdial
Online listing platform for multi category local service providers. The services offered include automobiles, home maintenance, restaurants, travel, insurance, jobs, interiors, baby care, catering, housekeeping and more. It allows users to find and compare among various service providers or can send the requirements where businesses compete with each other to provide the deal. The app is available for iOS and Android devices.
Key facts about Justdial
- Founded Year: 1996
- Location: Mumbai (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $101M
- Employee Count: 15,617 as on Sep 30, 2026
- Investors: WestBridge Capital, Nalanda Capital and 6 Others
- Latest Funding Round: Post IPO, Dec 05, 2017, $*****
- Highlight: Acquired
Brand of ready-to-cook, wholesome, and healthy food products. The company's product line includes various batter mixes, parathas, paneer, curd, coffee, and other food items. Its products are made with fresh ingredients and are preservative-free. The company aims to provide convenient and healthy food options for consumers. They emphasize traditional preparation methods and focus on delivering quality food products.
Key facts about ID Fresh Food
- Founded Year: 2005
- Location: Bengaluru (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $126M
- Employee Count: 1,943 as on Aug 31, 2025
- Investors: Helion Venture Partners, Premji Invest and 58 Others
- Latest Funding Round: Series E, Feb 18, 2026, $*****
5. Rupeek
Provider of digital lending services secured by pledged gold assets. This business facilitates credit access by evaluating and holding gold jewelry as collateral for loans. Borrowers receive funds after an appraisal process verifies the value of the submitted items. The service includes options for loan repayment, interest payments, and the release of collateral upon the settlement of financial obligations.
Key facts about Rupeek
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $194M
- Employee Count: 1,050 as on May 31, 2026
- Investors: VEF, Elevation Capital and 77 Others
- Latest Funding Round: Series F, Jun 25, 2024, $*****
- Highlight: Editors' Pick
Trayi's Year-on-Year Investment Trends
Trayi has invested in 39 companies over the last 10 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Nanoclean.Trayi's Investments by Stage
Trayi has made 4 investments in Seed stage with an average round size of $862K.Trayi's Investments by Sector
Trayi has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Consumer, Consumer Goods and Environment Tech. Notably, it has invested in 30 Tech companies, 23 Consumer (B2C) companies, 19 Enterprise (B2B) companies and at least 15 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
Vertical SaaS | 2 |
Consumer | 1 |
Consumer Goods | 1 |
Environment Tech | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Trayi's Investments by Geography
Trayi has made most investments in India (4).Trayi's recent investments
Trayi has not made any investment in 2026 so far.Here are the most recent investments by Trayi:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 17, 2019 | India | Seed | 9416 | [+43] | |
Apr 25, 2017 | India | Seed | 1537 | ||
Mar 31, 2017 | India | Seed | 3630 | [+7] | |
Jun 16, 2016 | India | Seed | 6562 | [+25] |
IPOs and Publicly Listed companies in Trayi's Portfolio
4 of Trayi's portfolio companies have become public. Lenskart got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Nov 2025 at marketcap of $7.86B and MedPlus got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) at marketcap of $1.26B.Here are Trayi's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 10, 2025 | - | - | 7691 | |
Dec 23, 2021 | - | - | 6929 | |
Mar 30, 2021 | - | - | 3030 | |
Feb 04, 2019 | - | - | 4575 |
Acquired companies in Trayi's Portfolio
11 companies from Trayi's portfolio have been acquired. The most recent acquisition was Manna Foods in Feb 2026 by Reliance Consumer Products for $*****.Here are Trayi's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 10, 2026 | - | - | 6650 | |
Jan 04, 2026 | Mar 31, 2017 | Seed | 4695 | |
Oct 20, 2025 | - | - | 5659 | |
Jul 01, 2024 | - | - | 2092 | |
Nov 21, 2022 | - | - | 1336 |
Team profile of Trayi
Trayi has a team of 1 member.Co-investors of Trayi
Over the past 10 years, 159 investors have co-invested in Trayi's portfolio companies. This includes funds and angels.
- Invested before Trayi: Tracxn Labs, Samar Singla and 13 others have invested in rounds before Trayi. There is 1 company where Tracxn Labs has invested before Trayi and 1 company where Samar Singla has invested before Trayi.
- Top Co-investors of Trayi: 82 investors entered a company along with Trayi. These include investors like Ravi Garikipati (4 companies).
- Invested after Trayi: A total of 62 investors have invested in Trayi's portfolio after their investments. Top Investors include Better Capital (2 companies), Accel (1 company) and Peak XV Partners (1 company).
