About Waao Partners
Waao Partners is a venture capital firm founded in 2019. It is primarily based out of Ahmedabad, India. As of May 2022, Waao Partners has invested in 3 companies. It primarily invests in Series A round in India based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Retail. Most recently it participated in the $***** Series A round of Smytten A lot of funds co-invest with Waao Partners, with names like Neelanchal Edifice sharing a substantial percentage of its portfolio. Waao Partners has team of 8 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A
Portfolio Soonicorns
Waao Partners' List of All Investments
Waao Partners has a portfolio of 3 companies. Their most notable investmentis in PropelldTheir portfolio spans across and India. They have invested in Enterprise Applications, FinTech, Retail and 3 other sectors, across stages such as Series A stage. Here is the list of all investments by Waao Partners:
1. Smytten
Online platform offering multi-category products samples. It offers a product trial and discovery portal for multi-brands in categories such as skincare, makeup, fragrances, grooming, bath, body, baby care, hair care, accessories, beauty appliances, food and beverages, kitchen and home essentials, car accessories, pet care prodcts, and more, Their app is available for Android devices.
Key facts about Smytten
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $23.8M
- Employee Count: 257 as on Jul 31, 2026
- Investors: Fireside Ventures, Sharrp Ventures and 43 Others
- Latest Funding Round: Series A, May 07, 2024, $*****
- Highlight: Editors' Pick
2. Propelld
Provider of private student loans and education financing solutions. It is an an India-focused education-financing platform that offers collateral-free student loans with a fully digital application process and flexible repayment options. It evaluates applicants on academic potential and future employability, not just financial background.
Key facts about Propelld
- Founded Year: 2017
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $70.2M
- Employee Count: 132 as on Aug 31, 2025
- Investors: WestBridge Capital, India Quotient and 57 Others
- Latest Funding Round: Series D, May 05, 2025, $*****
- Highlight: Editors' Pick
3. Fintso
Provider of a digital wealth platform for financial advisory businesses. The platform offers tools for client management, portfolio analysis, and transaction processing. It provides features such as client onboarding, reporting, and research support. The platform also facilitates access to various investment products.
Key facts about Fintso
- Founded Year: 2019
- Location: Mumbai (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $5.77M
- Employee Count: 35 as on Aug 31, 2025
- Investors: Palaash Ventures, Vitalis Capital and 35 Others
- Latest Funding Round: Angel, Apr 07, 2025, $*****
- Highlight: Editors' Pick
Waao Partners' Year-on-Year Investment Trends
Waao Partners has invested in 3 companies over the last 6 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Smytten.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 1 | 0 | 1 |
2020 | 1 | 0 | 1 |
Waao Partners' Investments by Stage
Waao Partners has made 3 investments in Series A stage with an average round size of $5.37M.Waao Partners' Investments by Sector
Waao Partners has a diverse portfolio, with companies operating in the FinTech, Consumer, EdTech, Enterprise Applications and Financial Services. Notably, it has invested in 3 Tech companies, 2 Consumer (B2C) companies, 1 Enterprise (B2B) company and at least 1 company focusing on Saas.Sector | No. of Investments |
|---|---|
FinTech | 2 |
Consumer | 1 |
EdTech | 1 |
Enterprise Applications | 1 |
Financial Services | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Waao Partners' Investments by Geography
Waao Partners has made most investments in India (3).Waao Partners' recent investments
Waao Partners has not made any investment in 2026 so far.Here are the most recent investments by Waao Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 12, 2022 | India | Series A | 6160 | [+8] | |
Oct 30, 2021 | India | Series A | 6964 | [+2] | |
Mar 14, 2020 | India | Series A | 9722 | [+14] |
Team profile of Waao Partners
Waao Partners has a team of 8 members including 1 Partner and 7 Principals located in India, United States and 3 more locations. Waao Partners' team does not sit on the board of any company as of now.Here is a list of all team members in Waao Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Principal | Geneva | - | ||
Principal | Singapore | - | - | |
Principal | Bengaluru | - | ||
Principal | Dubai | - | ||
Principal | San Francisco | - | - | |
Principal | Bengaluru | - | - | |
Principal | Mumbai | - | - |
Co-investors of Waao Partners
Over the past 6 years, 124 investors have co-invested in Waao Partners's portfolio companies. This includes funds and angels.
- Invested before Waao Partners: Survam Partners, Sharrp Ventures and 82 others have invested in rounds before Waao Partners. There are 2 companies where Survam Partners has invested before Waao Partners and 1 company where Sharrp Ventures has invested before Waao Partners.
- Top Co-investors of Waao Partners: 21 investors entered a company along with Waao Partners. These include investors like Neelanchal Edifice (1 company).
- Invested after Waao Partners: A total of 19 investors have invested in Waao Partners's portfolio after their investments. Top Investors include Legacy Assets (1 company), Enrission India Capital (1 company) and WestBridge Capital (1 company).
