About Zeropearl
Zeropearl is a venture capital firm founded in 2024. It is primarily based out of Gurugram, India. As of Feb 2026, Zeropearl is an active investor, having invested in 17 companies, with 13 new investments 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 Retail to Consumer and Enterprise Applications. Most recently it participated in the $***** Series A round of Boba Bhai A lot of funds co-invest with Zeropearl, with names like Ashutosh Valani sharing a substantial percentage of its portfolio.Zeropearl's List of Top Investments
Zeropearl has a portfolio of 17 companies. Their most notable investments are in Gully Labs and Gully Labs.Their portfolio spans across and India. They have invested in Retail, Consumer, Enterprise Applications and 7 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Zeropearl:
1. P-TAL
Retailer of handcrafted copper, brass, and kansa cookware and utensils. The company offers a variety of kitchenware, drinkware, tableware, and home decor items. Products include cooking pots, pans, water bottles, and dinner sets. The retailer also provides gifting options and a kit for tin coating cookware.
Key facts about P-TAL
- Founded Year: 2017
- Location: Panchkula (India)
- Annual Revenue: ₹21.5Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.64M
- Employee Count: 43 as on Aug 31, 2025
- Investors: Titan Capital, Anicut Capital and 50 Others
- Latest Funding Round: Seed, Jul 29, 2025, $*****
- Highlight: Editors' Pick
2. Supply6
Online retailer of nutritional supplements including protein powders and wafers. The business sells dietary products designed to provide vitamins, minerals, and electrolytes. Available items include protein-based snacks, hydration salts, and meal replacement formulas intended for daily consumption.
Key facts about Supply6
3. True Diamond
Online platform offering lab-grown diamond based jewelry products. It includes bracelets, pendants, rings, necklaces, earrings, studds, cufflinks, and more.
Key facts about True Diamond
- Founded Year: 2024
- Location: Mumbai (India)
- Annual Revenue: ₹11.9Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $4M
- Employee Count: 35 as on Aug 31, 2025
- Investors: Titan Capital, India Quotient and 16 Others
- Latest Funding Round: Seed, May 10, 2025, $*****
- Highlight: Editors' Pick
4. Boba Bhai
Restaurant chain serving multiple dishes. The company offers a diverse menu including various bubble tea flavors, Korean-style burgers, and other snacks and sides. They operate both physical stores and delivery services, catering to a broad customer base. Their offerings encompass both classic and unique menu items, aiming to provide a varied and appealing selection.
Key facts about Boba Bhai
- Founded Year: 2023
- Location: Bengaluru (India)
- Annual Revenue: ₹28.9Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $9.85M
- Employee Count: 17 as on Aug 31, 2025
- Investors: 8i Ventures, Titan Capital and 38 Others
- Latest Funding Round: Series A, Feb 25, 2026, $*****
5. Gully Labs
Manufacturer of handcrafted footwear including sneakers slides and related accessories. The product line consists of various styles of shoes and sandals constructed using traditional techniques. These items are available for purchase through an online retail platform. The inventory includes footwear designs for men and women along with additional apparel and accessory items. Orders are processed for dispatch and shipping to various destinations.
Key facts about Gully Labs
- Founded Year: 2023
- Location: Noida (India)
- Annual Revenue: ₹2.86Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $4.55M
- Employee Count: 61 as on Feb 28, 2026
- Investors: Stride Ventures, Infinyte Club and 42 Others
- Latest Funding Round: Angel, Jan 27, 2026, $*****
Zeropearl's Year-on-Year Investment Trends
In 2025, it made 15 investments, while as of Feb 2026, it has made 3 investments in this year. Its most recent first time investment was in Boba Bhai and most recent follow-on round was in OZi.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 2 | 3 |
2025 | 14 | 1 | 15 |
2024 | 2 | 0 | 2 |
Zeropearl's Investments by Stage
Zeropearl has made 16 investments in Seed stage with an average round size of $941K and 1 investment in Series A stage with an average round size of $4.47M.Stage of entry | No. of Investments |
|---|---|
Seed | 16 |
Series A | 1 |
Note: We have considered here, only first round of investments
Zeropearl's Investments by Sector
Zeropearl has a diverse portfolio, with companies operating in the Consumer, Retail, Consumer Goods, Enterprise Applications and Food and Agriculture. Notably, it has invested in 12 Consumer (B2C) companies, 12 Tech companies, 3 Enterprise (B2B) companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 10 |
Retail | 10 |
Consumer Goods | 5 |
Enterprise Applications | 2 |
Food and Agriculture | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
Zeropearl's Investments by Geography
Zeropearl has made most investments in India (17).Zeropearl's recent investments
Zeropearl has made 3 investments in 2026 so far. Boba Bhai and OZi are the latest among them.Here are the most recent investments by Zeropearl:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 25, 2026 | India | Series A | 4652 | [+11] | |
Feb 25, 2026 | India | Series A | 4107 | [+5] | |
Jan 16, 2026 | India | Series A | 9612 | [+6] | |
Dec 12, 2025 | India | Seed | 4996 | [+14] | |
Dec 08, 2025 | India | Seed | 8107 |
Co-investors of Zeropearl
Over the past 2 years, 291 investors have co-invested in Zeropearl's portfolio companies. This includes funds and angels.
- Invested before Zeropearl: Angel List, Kunal Bahl and 127 others have invested in rounds before Zeropearl. There are 4 companies where Angel List has invested before Zeropearl and 3 companies where Kunal Bahl has invested before Zeropearl.
- Top Co-investors of Zeropearl: 145 investors entered a company along with Zeropearl. These include investors like Ashutosh Valani (3 companies).
- Invested after Zeropearl: A total of 17 investors have invested in Zeropearl's portfolio after their investments. Top Investors include Stride Ventures (2 companies), India Quotient (1 company) and Titan Capital Winners Fund (1 company).
Recent News related to Zeropearl
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OZi Nets $6.2 Mn To Scale Its Baby Care Quick Commerce PlatformInc42•Mar 24, 2026•OZi, RTP Global, Blume Venture, Zeropearl and 1 other
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SteamPRO Raises ₹3.8 Crore Seed Funding to Build India’s Bath-Tech CategoryStartupTalky•Feb 11, 2026•Zeropearl, Steam PRO, Anicut Capital, D2C Insider
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Sneaker brand Gully Labs kicks off Series A round and raised $3 millionEntrackr•Jan 16, 2026•Zeropearl, Gully Labs, Saama Capital, Saama and 2 others
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Cura Care Secures Rs 27 Crore Funding to Revolutionize Urban Dental Wellness in IndiaBusiness Outreach•Dec 24, 2025•Cura, Zeropearl
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Baby Care Quick Commerce Platform OZi Bags $3.3 Mn From Blume, OthersStartupNews•Oct 07, 2025•Untitled UI, Huddle Ventures, Blume Venture, Zeropearl and 3 others
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Affluense AI Secures ₹3 Crore Pre-Seed Round Led by Zeropearl VCStartupTalky•Oct 06, 2025•Affluense, Zeropearl, Purple Style Labs, Leverage.biz and 6 others
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