Karman Drones
Sector Drones | Defense Tech Website www.karmandrones.com Location Noida Stage Growth
Sector FinTech | AI | Software/SaasS | Enterprise Tech Website www.onrench.com Location Gurugram Stage Early
Ruskle is a new-age food brand transforming one of India’s most iconic but outdated tea-time staples—rusk—into a modern, health-first and flavour-rich snacking product. Positioned as India’s first and only “No Maida” rusk, Ruskle combines traditional cultural affinity with modern consumer demands for clean-label, flavour-forward, and mindful snacking.
FMCG | Consumer Brand
www.ruskle.in
Bengaluru
Early
With a fast-growing snacking market worth ₹44,000 Cr and a rusk subcategory worth ₹5,000 Cr (60% unorganized), Ruskle is well-positioned to lead a category reinvention—one rooted in nostalgia but adapted to today’s health-conscious, flavour-seeking audience..
Opportunity
Former senior executive at ShareChat, brings deep expertise in scaled content systems and creator ecosystems.
15+ years in brand/advertising; scaled multiple F&B D2C brands.
Fast food chain founder; 11+ years in B2C sales.
Cleevo Secures $1 Million in Seed Round Led by Eternal Capital with Participation from VG-Angels
New Delhi, May 30, 2025 – Venture Garage is proud to announce that its portfolio company Cleevo, a home hygiene startup focused on sustainable cleaning solutions, has successfully raised $1 million in its seed funding round. The round was led by Eternal Capital, with participation from Zeca Capital, DeVC, VG-Angels including Sumit Jalan, Ajay Kumar (Action Tesa Group) and Deepak Chitnis(Lodha Group). Other marquee individual investors including Alok Mittal (Indifi), Utsav Somani (iSeed), and Suhail Sameer (OTP Ventures) also participated in the round.
Founded by Mayank Jain and Karan Shah, Cleevo is reimagining the cleaning category by introducing concentrate-based, non-toxic home cleaning products that reduce packaging waste, lower carbon emissions, and deliver affordability at scale. Produced at an in-house R&D and manufacturing facility, Cleevo’s products are already available on Zepto, Amazon, Flipkart, and its D2C platform, reaching thousands of eco-conscious Indian households.
“Home hygiene hasn’t seen meaningful innovation in decades. We’re still buying bottles that are 90% water and 10% performance, paying more for packaging and logistics than for effectiveness. Cleevo questions that model from the ground up. This fundraise isn’t just about capital—it’s validation of our mission to create smarter, safer, and more sustainable cleaning solutions.” said Mayank Jain, Co-founder of Cleevo.
Pawan Raj Kumar, Partner at Zeca Capital, added:
“We believe that the consumers are looking for more sustainable products that are not only good for them but also good for the environment. Cleevo is doing just that. The founding team’s unwavering focus on the customer will take Cleevo to great heights and we are very happy to partner with them for this growth.”
Vineet, Managing Partner at Venture Garage, shared:
“Mayank and Karan are rethinking home cleaning from the ground up with Cleevo, bringing a sharp focus on sustainability, efficiency, and affordability. Their ability to drive strong consumer adoption while maintaining solid unit economics and high operational efficiency is particularly impressive. We’re excited to be part of their journey.”
The freshly raised capital will be used to scale up Cleevo’s manufacturing 10X, deepen its investment in research and development, and expand across digital-first channels, B2B pilots, and select international markets.
Read more about Cleevo here
We are an all-round baby care brand dedicated to redefining the standards of care for infants while building a trusted and beloved brand for parents. Our journey began with a mission to provide parents with safe, effective, and convenient solutions that cater to their baby’s unique needs.
We focus on creating products that deliver superior care, combining functionality with thoughtful design. From rash-free diapers to plant-based wipes, every product reflects our commitment to ensuring comfort and safety for babies while simplifying the lives of parents.
Consumer Brand
www.letsallter.com
Delhi
Early
The Indian baby diapers market was valued at USD 1.6 Bn in FY 24 and is projected to grow at a CAGR of 7% to reach USD 3 Bn by FY 33. Increased ecommerce adoption, rising awareness of organic products, and the growing number of working mothers are key growth drivers.
Opportunity
An MBA graduate from Welingkar Institute of Management, Surbhi has worked at Aditya Birla Fashion and HDFC. She appeared on Shark Tank season 3, and secured investments from Aman Gupta, Anupam Mittal and Ritesh.