About WaterBridge
WaterBridge is a venture capital firm founded in 2016. It is primarily based out of Delhi, India. As of May 2026, WaterBridge has invested in 36 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 Consumer and Retail. Most recently it participated in the $***** Series A round of Fairdeal.market Overall, WaterBridge portfolio has seen 3 acquisitions, namely Unacademy, Doubtnut and BlueJack. A lot of funds co-invest with WaterBridge, with names like Angel List sharing a substantial percentage of its portfolio. WaterBridge has team of 5 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Deals in last 12 months
WaterBridge's List of Top Investments
WaterBridge has a portfolio of 36 companies. Their most notable investments are in Pocketpills and Pocketpills.Their portfolio spans across India, United States, Canada and 2 more locations. They have invested in Enterprise Applications, Consumer, Retail and 17 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by WaterBridge:1. Magicpin
Provider of a platform providing deals, discounts, and rewards across multiple categories. The platform connects consumers with various businesses, including restaurants, fashion outlets, and pharmacies. It facilitates promotions for both online and offline retailers. The platform aims to attract audiences based on spending patterns and other demographics.
Key facts about Magicpin
- Founded Year: 2015
- Location: Gurugram (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $106M
- Employee Count: 575 as on Aug 31, 2025
- Investors: Samsung Venture Investment, Trifecta Capital and 32 Others
- Latest Funding Round: Venture Debt, Apr 09, 2026, $*****
- Highlight: Editors' Pick

2. Eloelo
Provider of live social entertainment platform. It enables creators to host interactive video and audio livestreams, connecting with viewers and fans through livestreams in multiple Indian languages. The platform offers features like social live streams, multiplayer games, chats, and audio calls in seven languages.
Key facts about Eloelo
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $51.1M
- Employee Count: 202 as on Feb 28, 2026
- Investors: Sequoia Capital, LetsVenture and 34 Others
- Latest Funding Round: Series B, Apr 04, 2025, $*****
- Highlight: Editors' Pick
3. Unacademy
Provider of online educational resources and structured courses for exam preparation. They offer live classes with educator interaction and doubt clearing sessions. The platform provides access to recorded classes for learning anytime, anywhere. Resources include practice sections, mock tests, and downloadable lecture notes.
Key facts about Unacademy
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $880M
- Employee Count: 1,799 as on Jul 31, 2025
- Investors: ABG Capital, Dragoneer Investment Group and 68 Others
- Latest Funding Round: Series H, Aug 01, 2021, $*****
- Highlight: Acquired
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4. Chalo
Online platform offering app‑based bus tracking and ticketing services. It provides real-time location updates, ticket and pass booking features, and digital smart cards for convenient travel. The system integrates with city bus operators to optimize scheduling and reduce cash handling.
Key facts about Chalo
- Founded Year: 2014
- Location: Mumbai (India)
- Annual Revenue: $10M - $50M as on Mar 31, 2024
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $117M
- Employee Count: 206 as on Jun 30, 2025
- Investors: BlackSoil, Trifecta Capital and 68 Others
- Latest Funding Round: Series D, May 30, 2025, $*****
- Highlight: Editors' Pick
5. Atlan
Developer of AI-driven data governance and metadata management platform. The platform integrates metadata intelligence, automation, and an extensive connector framework to unify, catalog, and govern data across enterprise environments. It provides self-service data discovery, cross-system lineage at the column level, and personalized data experiences to enable data democratization. The solution supports no-code connectors and a centralized control plane to manage data and AI stacks seamlessly. Designed for large enterprises, it helps teams define data meaning, understand data lineage, manage data quality, and ensure compliance with AI regulations. The platform also offers AI-powered governance studios, data quality tools, and enables integration with AI assistants
Key facts about Atlan
- Founded Year: 2019
- Location: San Francisco (United States)
- Annual Revenue: $10M - $50M as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $206M
- Employee Count: 544 as on Jul 31, 2026
- Investors: Meritech, GIC and 35 Others
- Latest Funding Round: Series C, May 08, 2024, $*****
- Highlight: Editors' Pick
WaterBridge's Year-on-Year Investment Trends
WaterBridge has invested in 36 companies over the last 10 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of May 2026, it has made 1 investment in this year. Its most recent first time investment was in FableRoom and most recent follow-on round was in Fairdeal.market.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 0 | 7 | 7 |
2024 | 1 | 3 | 4 |
2023 | 2 | 4 | 6 |
2022 | 6 | 6 | 12 |
2021 | 3 | 12 | 15 |
2020 | 5 | 8 | 13 |
2019 | 5 | 4 | 9 |
2018 | 7 | 3 | 10 |
2017 | 3 | 3 | 6 |
WaterBridge's Investments by Stage
WaterBridge has made 31 investments in Seed stage with an average round size of $1.38M, 2 investments in Series A stage with an average round size of $3.86M, 1 investment in Series B stage with an average round size of $7.24M and 1 investment in Unattributed stage with an average round size of $6.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 31 |
Series A | 2 |
Series B | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
WaterBridge's Investments by Sector
WaterBridge has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Retail and HealthTech. Notably, it has invested in 34 Tech companies, 25 Consumer (B2C) companies, 15 Enterprise (B2B) companies and at least 15 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 13 |
Enterprise Applications | 10 |
FinTech | 8 |
Retail | 7 |
HealthTech | 5 |
Others | 33 |
Note: We have considered here, only first round of investments
WaterBridge's Investments by Geography
WaterBridge has made most investments in India (31), followed by United States where it has made 3 investments.Country | No. of Investments |
|---|---|
India | 31 |
United States | 3 |
Canada | 1 |
Singapore | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
WaterBridge's recent investments
WaterBridge has made 1 investments in 2026 so far - Fairdeal.market.Here are the most recent investments by WaterBridge:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 26, 2026 | India | Series A | 1867 | ||
Dec 03, 2025 | United Kingdom | Seed | 9878 | [+2] | |
Aug 08, 2025 | India | Seed | 5944 | - | |
Aug 02, 2025 | India | Series D | 6396 | [+8] | |
Aug 02, 2025 | India | Seed | 1801 |
Acquired companies in WaterBridge's Portfolio
3 companies from WaterBridge's portfolio have been acquired. The most recent acquisition was Unacademy in Mar 2026 by UpGrad for $*****.Here are WaterBridge's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 15, 2026 | Aug 01, 2016 | Seed | 1540 | |
Dec 04, 2023 | Feb 13, 2018 | Seed | 5707 | |
Feb 17, 2020 | Mar 23, 2018 | Seed | 4542 |
Team profile of WaterBridge
WaterBridge has a team of 5 members including 2 Partners and 1 Principal located in India. WaterBridge's team sits on the board of 1 company.Here is a list of all team members in WaterBridge:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Bengaluru | |||
Partner | Delhi | - | ||
Principal | Bengaluru | - |
Co-investors of WaterBridge
Over the past 10 years, 822 investors have co-invested in WaterBridge's portfolio companies. This includes funds and angels.
- Invested before WaterBridge: Blume Venture, Rajan Jei Anandan and 339 others have invested in rounds before WaterBridge. There are 2 companies where Blume Venture has invested before WaterBridge and 2 companies where Rajan Jei Anandan has invested before WaterBridge.
- Top Co-investors of WaterBridge: 267 investors entered a company along with WaterBridge. These include investors like Angel List (4 companies).
- Invested after WaterBridge: A total of 214 investors have invested in WaterBridge's portfolio after their investments. Top Investors include Peak XV Partners (5 companies), Stride Ventures (3 companies) and Akatsuki (3 companies).
Recent News related to WaterBridge
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WaterBridge Announces Open Season on Second Phase of Speedway Long-Haul Produced Water PipelineBusiness Wire•Feb 23, 2026•WaterBridge
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WaterBridge Announces Launch of $1,400,000,000 Offering of Senior NotesBusiness Wire•Sep 29, 2025•WaterBridge
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WaterBridge Closes Full Exercise of Underwriters’ Option to Buy More SharesBusiness Wire•Sep 23, 2025•WaterBridge
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WaterBridge Launches Initial Public Offering of Class A SharesGlobal Legal Chronicle•Sep 11, 2025•WaterBridge
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Accel leads $47 mn Series D in CityMallVCCircle•Sep 02, 2025•Citymall, Accel, Citius, Elevation Capital and 5 others
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CityMall to raise $38 Mn in Series D round at flat valuationEntrackr•Sep 01, 2025•CityMall, Accel, Citymall, WaterBridge
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