About UC-RNT Fund
UC-RNT Fund is a venture capital firm As of Jun 2023, UC-RNT Fund has invested in 5 companies. It primarily invests in Series D round in India based startups. Its investments are spread across a wide range of sectors from Consumer to Life Sciences and HealthTech. Most recently it participated in the $***** Series E round of Mswipe Overall, UC-RNT Fund portfolio has seen 2 unicorns and 1 acquisition, namely Cult.fit, Ola Cabs and NestAway. A lot of funds co-invest with UC-RNT Fund, with names like Pratithi Investments sharing a substantial percentage of its portfolio. UC-RNT Fund has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series D, Series A & 2 more
Portfolio Acquisitions
Portfolio Soonicorns
UC-RNT Fund's List of All Investments
UC-RNT Fund has a portfolio of 5 companies, including 2 unicorns. Their most notable investmentis in NestAwayTheir portfolio spans across and India. They have invested in Consumer, Life Sciences, HealthTech and 9 other sectors, across stages such as Series D, Series A and 2 more. Here is the list of all investments by UC-RNT Fund:
1. Cult.fit
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts. It offers various membership tiers providing access to different combinations of in-person and virtual fitness options. These options include group fitness classes led by trainers, access to gyms with varying levels of equipment and amenities, and live at-home workout sessions. Memberships also incorporate access to sports activities such as badminton and swimming. The company also provides coaching programs focused on weight loss and wellness resources. The offerings aim to create a holistic fitness experience.
Key facts about Cult.fit
- Founded Year: 2016
- Location: Bengaluru (India)
- Annual Revenue: ₹289Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $714M
- Employee Count: 1,832 as on Apr 30, 2025
- Investors: Temasek, Kotak Mahindra Bank and 95 Others
- Latest Funding Round: Series G, Mar 21, 2026, $*****
- Highlight: Editors' Pick
2. Ola Cabs
Operator of a network providing on-demand transportation and mobility solutions. It facilitates booking of rides through its platform. The company offers options for daily commutes, outstation trips, and hourly rentals. It also provides options for booking electric vehicles.
Key facts about Ola Cabs
- Founded Year: 2010
- Location: Bengaluru (India)
- Annual Revenue: ₹4,930Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series J
- Total Funding till date: $3.84B
- Employee Count: 3,724 as on Aug 31, 2025
- Investors: USM, Helion Venture Partners and 148 Others
- Latest Funding Round: Series J, Feb 22, 2022, $*****
- Highlight: Editors' Pick
3. NestAway
NestAway is an online marketplace to book rental properties. The platform enables users to register and search for properties by applying the location filter. Users can also book the properties of their choice via the platform. Homeowners can list their properties by providing necessary information such as location, pictures, prices, area, and more. Its mobile app is available for Android and iOS devices.
Key facts about NestAway
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹41.5Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $116M
- Employee Count: 478 as on May 31, 2025
- Investors: Goldman Sachs, DST Global and 24 Others
- Latest Funding Round: Series D, Apr 26, 2024, $*****
- Highlight: Acquired
4. Mswipe
Provider of payment technology solutions for retail and online businesses. The company offers smart point-of-sale devices, sound boxes, and payment gateways. These solutions facilitate in-store transactions via cards, UPI, and payment links. Additionally, the company provides merchant applications and portals for managing transactions, settlements, and invoices. The business also offers APIs and SDKs for integration with business software.
Key facts about Mswipe
- Founded Year: 2011
- Location: Mumbai (India)
- Annual Revenue: ₹342Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $126M
- Employee Count: 1,066 as on Jun 30, 2025
- Investors: Axis Bank, Innoven Capital and 23 Others
- Latest Funding Round: Series E, Jun 27, 2023, $*****
- Highlight: Editors' Pick
5. Axio
Developer of advanced haemostat and wound care dressing products. The company provides solutions for bleeding control during surgical procedures and trauma events. It offers wound care dressings designed for effective management of various wound types. The products utilize biomaterials and technologies focused on haemostasis and wound healing.
Key facts about Axio
- Founded Year: 2008
- Location: Ahmedabad (India)
- Annual Revenue: ₹19.9Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $20.5M
- Employee Count: 75 as on Aug 31, 2025
- Investors: Accel, Chiratae Ventures and 12 Others
- Latest Funding Round: Series B, Jul 27, 2021, $*****
- Highlight: Editors' Pick
UC-RNT Fund's Year-on-Year Investment Trends
UC-RNT Fund has invested in 5 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Axio and most recent follow-on round was in Mswipe.UC-RNT Fund's Investments by Stage
UC-RNT Fund has made 2 investments in Series D stage with an average round size of $41.5M, 1 investment in Series A stage with an average round size of $3M, 1 investment in Series B stage with an average round size of $6M and 1 investment in Series G stage with an average round size of $104M.Stage of entry | No. of Investments |
|---|---|
Series D | 2 |
Series A | 1 |
Series B | 1 |
Series G | 1 |
Note: We have considered here, only first round of investments
UC-RNT Fund's Investments by Sector
UC-RNT Fund has a diverse portfolio, with companies operating in the Consumer, Aerospace, Maritime and Defense Tech, Auto Tech, FinTech and Gig Economy. Notably, it has invested in 5 Tech companies, 4 Consumer (B2C) companies, 2 Enterprise (B2B) companies and at least 2 companies focusing on Marketplace.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Aerospace, Maritime and Defense Tech | 1 |
Auto Tech | 1 |
FinTech | 1 |
Gig Economy | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
UC-RNT Fund's Investments by Geography
UC-RNT Fund has made most investments in India (5).UC-RNT Fund's recent investments
UC-RNT Fund has not made any investment in 2026 so far.Here are the most recent investments by UC-RNT Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 27, 2023 | India | Series E | 8774 | [+6] | |
Jul 27, 2021 | India | Series B | 4510 | [+2] | |
May 10, 2019 | India | Series D | 5037 | ||
Dec 04, 2017 | India | Series D | 3825 | [+4] | |
Aug 08, 2017 | India | Series B | 4538 | [+13] |
Unicorns in UC-RNT Fund's Portfolio
UC-RNT Fund has 2 unicorns in its portfolio - Cult.fit and Ola Cabs. The most recent unicorn in their portfolio is Cult.fit. It became a unicorn in 2021, 4 years after UC-RNT Fund first invested in it.Here is a list of unicorns in UC-RNT Fund's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
84 | Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru | Series G | omzgiag | ||
73 | Operator of a network providing on-demand transportation and mobility solutions | 2010 | Bengaluru | Series J | gspt{h{ |
Acquired companies in UC-RNT Fund's Portfolio
1 company from UC-RNT Fund's portfolio has been acquired. The most recent acquisition was NestAway in Jun 2023 by Aurum PropTech for $*****.Here are UC-RNT Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 02, 2023 | Dec 04, 2017 | Series D | 1517 |
Team profile of UC-RNT Fund
UC-RNT Fund has a team of 3 members including 3 Partners located in United States and Switzerland. UC-RNT Fund's team sits on the board of 1 company.Here is a list of all team members in UC-RNT Fund:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | |||
Partner | Switzerland | |||
Partner | San Francisco | - | - |
Co-investors of UC-RNT Fund
Over the past 9 years, 196 investors have co-invested in UC-RNT Fund's portfolio companies. This includes funds and angels.
- Invested before UC-RNT Fund: Ratan N Tata, Accel and 68 others have invested in rounds before UC-RNT Fund. There are 4 companies where Ratan N Tata has invested before UC-RNT Fund and 3 companies where Accel has invested before UC-RNT Fund.
- Top Co-investors of UC-RNT Fund: 10 investors entered a company along with UC-RNT Fund. These include investors like Pratithi Investments (1 company).
- Invested after UC-RNT Fund: A total of 116 investors have invested in UC-RNT Fund's portfolio after their investments. Top Investors include Epiq Capital (3 companies), Patrick J. McGovern Foundation (1 company) and Bruno Raschle (1 company).
