About Volrado Venture Partners
Volrado Venture Partners is a venture capital firm founded in 2005. It is primarily based out of Mumbai, India. As of Apr 2026, Volrado Venture Partners has invested in 13 companies. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from Consumer to Retail and High Tech. Most recently it participated in the $***** Series B round of uppercase Overall, Volrado Venture Partners portfolio has seen 4 IPOs including key companies like Jana Small Finance Bank, Kaynes Technology and Purple Style Labs. A lot of funds co-invest with Volrado Venture Partners, with names like Enam Holdings sharing a substantial percentage of its portfolio. Volrado Venture Partners has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed, Series B & 2 more
Portfolio IPOs
Portfolio Soonicorns
Volrado Venture Partners' List of Top Investments
Volrado Venture Partners has a portfolio of 13 companies. Their most notable investments are in uppercase and MProfit.Their portfolio spans across and India. They have invested in Consumer, Retail, High Tech and 15 other sectors, across stages such as Seed, Series B and 2 more. Here is the list of top investments by Volrado Venture Partners:Provider of banking services including savings accounts loans and deposits. The institution offers various financial products such as current accounts, fixed deposits, and recurring deposits. It facilitates fund transfers through electronic payment systems and provides credit facilities including vehicle, gold, and home loans. Additionally, the entity offers insurance products and investment options for individuals and business entities. Customers access these services through digital banking platforms or physical branches.
Key facts about Jana Small Finance Bank
- Founded Year: 2006
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $813M
- Employee Count: 25,381 as on Mar 31, 2025
- Investors: HDFC Mutual Fund, HarbourVest Partners and 86 Others
- Latest Funding Round: Conventional Debt, Dec 2025, $*****
- Highlight: Public
Manufacturer of uncrewed aerial systems for military and civilian applications. These systems include hybrid multi-rotor aircraft, tethered electric platforms, and loitering munitions. The technology incorporates intelligent mesh networks and autonomous ground interdiction capabilities. These platforms support parallel task execution and dynamic retasking for various operational requirements.
Key facts about Newspace Research and Technologies
- Founded Year: 2018
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $87.1M
- Employee Count: 532 as on Apr 30, 2026
- Investors: 360 One, Trifecta Capital and 100 Others
- Latest Funding Round: Series B, Aug 01, 2024, $*****
- Highlight: Editors' Pick
3. Akasa Air
Provider of commercial passenger air transport services on scheduled routes. Operations include domestic and international flight services for passengers across various regional hubs. The service facilitates air travel through an established network of routes and aircraft. Additional services include baggage handling, cargo transport, and in-flight catering options.
Key facts about Akasa Air
Integrated electronics manufacturer offering end-to-end and IoT solutions across various industries. It provides conceptual design, process engineering, integrated manufacturing, and life cycle support. It has advanced manufacturing infrastructure that enables manufacturing products at variable volumes across industry verticals. It offers customized manufacturing lines for PCBA & Box built with in-house facilities. It provides design-led electronics manufacturing to OEMs using embedded design capabilities. It assists OEMs to transform their legacy products into smart systems by incorporating a combination of sensors, micro-processors, software, and connectivity technologies. It provides solutions for wiring harness systems and manufactures coils, transformers, and inductors. It undertakes repairs and provides rehabilitation of electronic cards.
Key facts about Kaynes Technology
- Founded Year: 2008
- Location: Mysuru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $22.4M
- Employee Count: 587 as on May 31, 2025
- Investors: Nepean Capital, Volrado Venture Partners and 31 Others
- Latest Funding Round: Post IPO, Apr 09, 2025, $*****
- Highlight: Public
5. uppercase
Online retailer of eco-friendly backpacks, trolley bags, duffle bags, and accessories. The company provides a variety of bags, including backpacks for school and professional use, trolley bags in various sizes and types, and duffle bags with or without wheels. It also offers accessories such as laptop sleeves. The retailer focuses on sustainable materials and offers free delivery.
Key facts about uppercase
- Founded Year: 2021
- Location: Mumbai (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $22.9M
- Employee Count: 81 as on May 31, 2025
- Investors: Sixth Sense Ventures, Trifecta Capital and 24 Others
- Latest Funding Round: Series B, Apr 03, 2026, $*****
- Highlight: Editors' Pick
Volrado Venture Partners' Year-on-Year Investment Trends
Volrado Venture Partners has invested in 13 companies over the last 7 years, with an average of 2 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 Qucev and most recent follow-on round was in uppercase.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 2 | 0 | 2 |
2024 | 1 | 3 | 4 |
2023 | 3 | 1 | 4 |
2022 | 4 | 1 | 5 |
2021 | 2 | 2 | 4 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
Volrado Venture Partners' Investments by Stage
Volrado Venture Partners has made 6 investments in Seed stage with an average round size of $4.82M, 5 investments in Series B stage with an average round size of $45.4M, 1 investment in Series A stage with an average round size of $8.29M and 1 investment in Series G stage with an average round size of $68.3M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series B | 5 |
Series A | 1 |
Series G | 1 |
Note: We have considered here, only first round of investments
Volrado Venture Partners' Investments by Sector
Volrado Venture Partners has a diverse portfolio, with companies operating in the Consumer, Retail, Auto Tech, FinTech and Aerospace, Maritime and Defense Tech. Notably, it has invested in 9 Tech companies, 8 Consumer (B2C) companies, 7 Enterprise (B2B) companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 5 |
Retail | 3 |
Auto Tech | 2 |
FinTech | 2 |
Aerospace, Maritime and Defense Tech | 1 |
Others | 14 |
Note: We have considered here, only first round of investments
Volrado Venture Partners' Investments by Geography
Volrado Venture Partners has made most investments in India (13).Volrado Venture Partners' recent investments
Volrado Venture Partners has made 1 investments in 2026 so far - uppercase.Here are the most recent investments by Volrado Venture Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 03, 2026 | India | Series B | 5147 | ||
Sep 29, 2025 | India | Series B | 4770 | [+11] | |
Feb 06, 2025 | India | Series B | 4763 | [+27] | |
Jun 26, 2024 | India | Series E | 1638 | [+73] | |
May 27, 2024 | India | Seed | 8591 |
IPOs and Publicly Listed companies in Volrado Venture Partners' Portfolio
4 of Volrado Venture Partners' portfolio companies have become public. Purple Style Labs got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Sep 2026 at marketcap of $488M and RP tech got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) at marketcap of $247M.Here are Volrado Venture Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 07, 2026 | Feb 07, 2022 | Series B | 7976 | |
Feb 14, 2024 | Jan 17, 2024 | Series B | 9419 | |
Feb 14, 2024 | Jun 26, 2023 | Series G | 3777 | |
Nov 22, 2022 | Oct 13, 2022 | Seed | 8252 |
Team profile of Volrado Venture Partners
Volrado Venture Partners has a team of 1 member located in India. Volrado Venture Partners' team sits on the board of 1 company.Co-investors of Volrado Venture Partners
Over the past 7 years, 757 investors have co-invested in Volrado Venture Partners's portfolio companies. This includes funds and angels.
- Invested before Volrado Venture Partners: Enam Holdings, Touchstone Venture and 324 others have invested in rounds before Volrado Venture Partners. There are 2 companies where Enam Holdings has invested before Volrado Venture Partners and 2 companies where Touchstone Venture has invested before Volrado Venture Partners.
- Top Co-investors of Volrado Venture Partners: 160 investors entered a company along with Volrado Venture Partners. These include investors like Enam Holdings (3 companies).
- Invested after Volrado Venture Partners: A total of 271 investors have invested in Volrado Venture Partners's portfolio after their investments. Top Investors include Trifecta Capital (2 companies), Inflection Point Ventures (2 companies) and Ananta Capital (1 company).
Recent News related to Volrado Venture Partners
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Acefour Accessories raises USD 7 mlnNewsDrum•Jul 06, 2022•Sixth Sense Ventures, uppercase, Volrado Venture Partners Fund
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Adani Wilmar raises Rs 940 crore from anchor investors ahead of IPOMoneycontrol•Jan 25, 2022•AWL Agri Business, MAS, Gov.sg, Jupiter and 14 others
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Monster.com raises ₹ 137 crore to fuel product, market expansionsThe Hindu•Dec 22, 2021•Monster, Meridian Investments, Meridian Investment, Monster and 1 other
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Craftsman Automation raised ₹247.11 crore from 21 anchor investorsBusiness Line•Mar 13, 2021•Craftsman Automation, Volrado Venture Partners Fund, Pioneer Investments, Nomura and 3 others
