Innovation rarely announces itself with fanfare. It often begins with a quiet frustration, something that does not work as it should, a small gap in the market, and the ambition to bridge it. From expanding access to the internet and building greener, more sustainable transport, to breaking new ground in quantum computing, our portfolio companies are tackling these challenges head-on with solutions designed to scale, endure, and matter. We’re excited to share the latest milestones from our growing portfolio with you.
The pace of space innovation remains tightly constrained by one fundamental challenge: the high cost and limited availability of reliable launch services. EtherealX Exploration Guild (The Guild), is addressing this challenge by developing a fully reusable, medium-lift launch vehicle designed to make space access more reliable and affordable. The company has successfully raised US$20.5 mn in a funding round co-led by TDK Ventures and BIG Capital, with participation from Accel, Prosus, YourNest Venture Capital, BlueHill Capital, Campus Fund, and Riceberg Ventures. Originally planned for US$15 mn Series A, the round has seen stronger investor interest, underscoring growing confidence in India's next-gen space infrastructure.
As concerns grow around passive screen time and the rise of the so-called iPad kid', parents are increasingly looking for digital experiences that are intentional, engaging, and supportive of healthy development. Miko is responding to this shift with emotionally intelligent Al companions that transform technology from a distraction into a tool for learning, curiosity and connection. The Mumbai-based robotics startup raised US$10.5 mn from iHeartMedia, an American audio company. Beyond funding, the partnership also brought iHeartMedia's extensive audio content library into Miko's platform making the experiences all the more enriching!
IIT Bombay Recognition for Sneh Vaswani: As an IIT Bombay alumnus and Co-founder & CEO of Miko, Sneh has been honoured as the recipient of the Young Alumnus/Alumna Achiever Award 2026 by the Institute Selection Committee for his contributions to entrepreneurship. The award recognises alumni whose professional excellence, leadership, and contributions to society reflect the values and ethos of IIT Bombay.
With the launch of Kaveri, a 64-qubit superconducting quantum processor, QpiAl recorded a major milestone in India's DeepTech capabilities. Unveiled at a science and technology conclave attended by Prime Minister Shri Narendra Modi, Kaveri is expected to be commercially available soon. Our founder Nagendra Nagaraja added "Kaveri demonstrates what is possible when world-class talent, ambitious vision and indigenous innovation comes together" QpiAl also signed an MoU with the Andhra Pradesh Govt. to deploy QVidya, its 8 Qubit quantum computer, reinforcing the importance of building capability alongside infrastructure.
For many three-wheeler operators, transitioning to electric vehicles remains financially impossible. Exponent Energy is bridging this gap by offering a feasible alternative. The company introduced Exponent Oto, a retrofit solution that converts existing CNG and LPG autorickshaws into electric vehicles within 24 hours. Featuring its revolutionary 15-minute rapid charging, a five-year warranty, and integration with Exponent's charging ecosystem, the solution lowers both cost and complexity, thereby making clean mobility achievable for those who rely on it most.
In a major milestone powering the country’s EV revolution, all-electric intercity bus services operator Fresh Bus has tied up with Exponent Energy to rollout a 250 sleeper e-bus fleet with rapid charging facilities.
In October 2025, Dozee was granted a new patent for its Al-powered Early Warning System, taking its total patent count to nine. The company is also in the process of closing a US$20 mn round as part of its ongoing Series B round, and has been accepted into a global accelerator programme, further validating its approach to scalable, preventive healthcare delivery.
Farmers have long had to make critical decisions based on incomplete or delayed information often with significant consequences. MapMyCrop is changing this by putting data-driven insights directly into farmers' hands. Recognised in Forbes India's DGEMS 2025 Select 200, MapMyCrop's satellite-powered agro suite now supports over six million farmers across over 80 countries. By delivering timely, local-language insights directly to a farmer's mobile device, the company is helping transform precision agriculture into a practical, everyday tool.
