About Utsav Somani
Utsav Somani is a venture capital firm founded in 2014. It is primarily based out of Delhi, India. As of Apr 2026, Utsav Somani is an active investor, having invested in 41 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 Enterprise Applications to Retail and Consumer. Most recently it participated in the $***** Seed round of Peep Beauty A lot of funds co-invest with Utsav Somani, with names like Angel List sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Soonicorns
Deals in last 12 months
Utsav Somani's List of Top Investments
Utsav Somani has a portfolio of 41 companies. Their most notable investments are in Merito and Alt Carbon.Their portfolio spans across India and United States. They have invested in Enterprise Applications, Retail, Consumer and 23 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Utsav Somani:
1. Ultrahuman
Developer of wearable health monitors and metabolic glucose tracking devices. These products track sleep, recovery, and metabolic markers to provide health insights. The hardware includes rings for sleep monitoring, continuous glucose monitors, and red light therapy equipment. Software platforms interpret health data and blood test results to assist with physiological performance and wellness management.
Key facts about Ultrahuman
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $173M
- Employee Count: 333 as on Mar 31, 2026
- Investors: Qualcomm Ventures, Steadview and 48 Others
- Latest Funding Round: Venture Debt, Sep 03, 2026, $*****
- Highlight: Editors' Pick
2. M2P Fintech
Provider of APIs enabling banking, lending, and payment financial services. The company offers solutions for customer onboarding, core banking systems, and payment processing. It facilitates card issuance, core lending, and digital commerce. The company provides tools for regulatory compliance, fraud management, and rewards programs. It also offers value-added services, including reconciliation, KYC, and anti-money laundering solutions.
Key facts about M2P Fintech
- Founded Year: 2014
- Location: Chennai (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $215M
- Employee Count: 1,290 as on Aug 31, 2025
- Investors: Nexus Venture Partners, Visa and 64 Others
- Latest Funding Round: Series D, Jun 30, 2025, $*****
- Highlight: Editors' Pick
3. Even
Provider of health insurance plans with outpatient and hospitalization coverage. It facilitates health insurance policy comparison and selection. It offers coverage for hospitalization, outpatient expenses, and family floater plans. It also provides support throughout the enrolment and claims processes.
Key facts about Even
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $86.6M
- Employee Count: 551 as on Aug 31, 2025
- Investors: Alpha Wave Global, Trifecta Capital and 54 Others
- Latest Funding Round: Series A, May 13, 2026, $*****
- Highlight: Editors' Pick
4. Vetic
Chain of veterinary clinics. It offers OPD consultation, vaccinations, grooming, emergency care, dental cleaning, X-ray, pet food, diagnostic tests, and surgeries for pets. It also allow the user to organize pet’s medical records, and book grooming sessions.
Key facts about Vetic
- Founded Year: 2022
- Location: Gurugram (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $93.7M
- Employee Count: 272 as on Aug 31, 2025
- Investors: Trifecta Capital, Greenoaks and 73 Others
- Latest Funding Round: Series D, Jun 18, 2026, $*****
- Highlight: Editors' Pick
5. Park Plus
Provider of vehicle-related services, including FASTag, challan, insurance, and parking. The business offers solutions for vehicle access, parking management, and traffic regulation. It facilitates services, such as FASTag recharge, challan payments, and insurance options. The business delivers parking solutions for corporate, residential, and commercial establishments.
Key facts about Park Plus
- Founded Year: 2019
- Location: Gurugram (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $51.8M
- Employee Count: 525 as on Aug 31, 2025
- Investors: Motherson Group, peercheque and 62 Others
- Latest Funding Round: Venture Debt, 2025, $*****
- Highlight: Editors' Pick
Utsav Somani's Year-on-Year Investment Trends
Utsav Somani has invested in 41 companies over the last 7 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 2 investments, while as of Apr 2026, it has made 1 investment in this year. Its most recent first time investment was in Peep Beauty and most recent follow-on round was in RocketPay.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 2 | 0 | 2 |
2024 | 6 | 0 | 6 |
2023 | 4 | 1 | 5 |
2022 | 7 | 5 | 12 |
2021 | 10 | 3 | 13 |
2020 | 4 | 0 | 4 |
2019 | 1 | 0 | 1 |
Utsav Somani's Investments by Stage
Utsav Somani has made 28 investments in Seed stage with an average round size of $1.76M, 5 investments in Series A stage with an average round size of $8.09M, 1 investment in Angel stage with an average round size of $284K and 1 investment in Series C stage with an average round size of $56M.Stage of entry | No. of Investments |
|---|---|
Seed | 28 |
Series A | 5 |
Angel | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Utsav Somani's Investments by Sector
Utsav Somani has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Retail and Vertical SaaS. Notably, it has invested in 34 Tech companies, 23 Enterprise (B2B) companies, 21 Consumer (B2C) companies and at least 16 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 11 |
Consumer | 9 |
FinTech | 6 |
Retail | 6 |
Vertical SaaS | 5 |
Others | 42 |
Note: We have considered here, only first round of investments
Utsav Somani's Investments by Geography
Utsav Somani has made most investments in India (34), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 34 |
United States | 1 |
Note: We have considered here, only first round of investments
Utsav Somani's recent investments
Utsav Somani has made 1 investments in 2026 so far - Peep Beauty.Here are the most recent investments by Utsav Somani:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 15, 2026 | India | Seed | 9693 | [+31] | |
Feb 03, 2025 | India | Seed | 6096 | [+20] | |
Jan 31, 2025 | India | Seed | 2464 | [+33] | |
Dec 09, 2024 | India | Angel | 6859 | [+18] | |
Sep 26, 2024 | India | Seed | 6856 | [+7] |
Co-investors of Utsav Somani
Over the past 7 years, 952 investors have co-invested in Utsav Somani's portfolio companies. This includes funds and angels.
- Invested before Utsav Somani: Kunal Bahl, Titan Capital and 143 others have invested in rounds before Utsav Somani. There are 3 companies where Kunal Bahl has invested before Utsav Somani and 3 companies where Titan Capital has invested before Utsav Somani.
- Top Co-investors of Utsav Somani: 480 investors entered a company along with Utsav Somani. These include investors like Angel List (15 companies).
- Invested after Utsav Somani: A total of 327 investors have invested in Utsav Somani's portfolio after their investments. Top Investors include LVX (4 companies), Angel List (4 companies) and QED Innovation Labs (3 companies).
Recent News related to Utsav Somani
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Spiritual and devotion platform Utsav raises Rs 6.35 crore in a funding roundIndian Startup News•Jan 31, 2025•Utsav Somani, Equanimity Investments, Agrim, India Quotient and 1 other
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Utsav Somani's Offline, a club for elite tech founders, raises $2 million in seed roundMoneycontrol•Sep 20, 2023•Utsav Somani
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Homegrown Chingari raises $1.3 million seed fundingMint•Aug 09, 2020•Chingari, AngelList, iSeed Ventures, Village Global and 5 others
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Swiflearn raises seed capital from Stellaris Venture Partners, Venture Highway, othersYourStory•May 28, 2020•SwifLearn, Stellaris Venture Partners, Venture Highway, Utsav Somani
