About Zarringhalam Ventures
Zarringhalam Ventures is a venture capital firm founded in 2015. It is primarily based out of Stockholm, Sweden. As of Oct 2021, Zarringhalam Ventures 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 Consumer and FinTech. Most recently it participated in the $***** Series A round of LoveLocal Overall, Zarringhalam Ventures portfolio has seen 1 unicorn, namely CRED. A lot of funds co-invest with Zarringhalam Ventures, with names like RTP Global sharing a substantial percentage of its portfolio.Zarringhalam Ventures' List of All Investments
Zarringhalam Ventures has a portfolio of 3 companies, one of which is a Unicorn. Their most notable investmentis in CombifyTheir portfolio spans across India and Sweden. They have invested in Enterprise Applications, Consumer, FinTech and 3 other sectors, across stages such as Series A, Seed stages. Here is the list of all investments by Zarringhalam Ventures:1. CRED
Provider of a platform for managing credit cards and payments. The platform offers tools for payment reminders, fee tracking, spending insights, and benefit maximization. It facilitates payments via various methods, including UPI and credit options. The platform also provides credit score monitoring and data encryption for security.
Key facts about CRED
- Founded Year: 2018
- Location: Bengaluru (India)
- Annual Revenue: ₹2,470Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $942M
- Employee Count: 904 as on Aug 31, 2025
- Investors: Dragoneer Investment Group, Coatue and 90 Others
- Latest Funding Round: Series G, May 29, 2025, $*****
- Highlight: Editors' Pick
2. LoveLocal
Platform offering e-commerce platform connecting consumers with local retailers. It is an online platform that enables users to shop from local Kirana stores. It include includes fruits, vegetables, meat, snacks, pharmaceuticals, beauty products, cleaning essentials and more.
Key facts about LoveLocal
- Founded Year: 2015
- Location: Mumbai (India)
- Annual Revenue: ₹7.03Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $25.7M
- Employee Count: 229 as on Aug 31, 2025
- Investors: Flat Capital, Commerce Ventures and 61 Others
- Latest Funding Round: Series A, Sep 07, 2022, $*****
- Highlight: Editors' Pick
3. Combify
SaaS-driven project database management software for construction professionals. It facilitates building developers, architects, suppliers, and investors. Offerings include building information accessing, project profile management, project dashboard management, project progression management, organization profile management, ongoing construction visualization, and more.
Key facts about Combify
- Founded Year: 2017
- Location: Stockholm (Sweden)
- Stage: Seed
- Total Funding till date: $3.43M
- Employee Count: 15 as on Jan 31, 2026
- Investors: Bonnier Capital, Zarringhalam Ventures and 5 Others
- Latest Funding Round: Seed, Aug 24, 2021, $*****
Zarringhalam Ventures' Year-on-Year Investment Trends
Zarringhalam Ventures has invested in 3 companies over the last 8 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in LoveLocal.Zarringhalam Ventures' Investments by Stage
Zarringhalam Ventures has made 2 investments in Series A stage with an average round size of $21.1M and 1 investment in Seed stage with an average round size of $1.14M.Stage of entry | No. of Investments |
|---|---|
Series A | 2 |
Seed | 1 |
Note: We have considered here, only first round of investments
Zarringhalam Ventures' Investments by Sector
Zarringhalam Ventures has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Food and Agriculture Tech and Gig Economy. Notably, it has invested in 3 Tech companies, 2 Consumer (B2C) companies, 1 Enterprise (B2B) company and at least 1 company focusing on Marketplace.Sector | No. of Investments |
|---|---|
Consumer | 1 |
Enterprise Applications | 1 |
FinTech | 1 |
Food and Agriculture Tech | 1 |
Gig Economy | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Zarringhalam Ventures' Investments by Geography
Zarringhalam Ventures has made most investments in India (2), followed by Sweden where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 2 |
Sweden | 1 |
Note: We have considered here, only first round of investments
Zarringhalam Ventures' recent investments
Zarringhalam Ventures has not made any investment in 2026 so far.Here are the most recent investments by Zarringhalam Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 28, 2021 | India | Series A | 4311 | [+34] | |
Aug 24, 2021 | Sweden | Seed | 9840 | [+5] | |
Sep 28, 2018 | India | Series A | 5594 | [+28] |
Unicorns in Zarringhalam Ventures' Portfolio
Zarringhalam Ventures has 1 unicorn in its portfolio - CRED. The most recent unicorn in their portfolio is CRED which became a unicorn in 2021, 2 years after Zarringhalam Ventures first invested in it.Here is a list of unicorns in Zarringhalam Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
79 | Provider of a platform for managing credit cards and payments | 2018 | Bengaluru | Series G | joulqqd |
Co-investors of Zarringhalam Ventures
Over the past 8 years, 125 investors have co-invested in Zarringhalam Ventures's portfolio companies. This includes funds and angels.
- Invested before Zarringhalam Ventures: QED Innovation Labs, Saha Fund and 21 others have invested in rounds before Zarringhalam Ventures. There is 1 company where QED Innovation Labs has invested before Zarringhalam Ventures and 1 company where Saha Fund has invested before Zarringhalam Ventures.
- Top Co-investors of Zarringhalam Ventures: 62 investors entered a company along with Zarringhalam Ventures. These include investors like RTP Global (1 company).
- Invested after Zarringhalam Ventures: A total of 40 investors have invested in Zarringhalam Ventures's portfolio after their investments. Top Investors include MVision (1 company), Nami Zarringhalam (1 company) and Sriharsha Majety (1 company).
