Author: VG Admin

Bharat Rohan Raises Funds

Bharat Rohan Raises Funds

Venture Garage in their endeavor to take their profitable portfolio companies to an IPO, helps BharatRohan in securing $2 million+ in a private placement round with an eye on an SME-IPO withing FY24-25 09th May 2024: Gurugram-based agritech startup BharatRohan, specializing in drone-based hyperspectral remote …

Garuda

Garuda

Garuda logo

A Drone-as-a-Service aggregator offering drone solutions from thermal imaging to Industry 4.0 services.

SectorDrone Manufacturing | Defence
LocationNoida
StageGrowth

About

Garuda is a Drone-as-a-Service aggregator, offering drone solutions that range from thermal imaging to Industry 4.0 services.

It has received the NDRF Award for Bravery and recognition from figures including Elon Musk.

Funding Update

Funding update Investment from a leading family office

Garuda clocked ₹47 crore in revenue in FY23 and expected to close FY24 at over ₹120 crore. The funds will be used to process the orders it has booked.

Why We Invested

We invested in Garuda for several reasons together. Its Drone-as-a-Service model covers a wide range of uses, from thermal imaging to Industry 4.0 services. Revenue reached ₹47 crore in FY23, with FY24 expected above ₹120 crore, supported by a book of orders. Its leadership includes a Harvard-educated founder recognised by the UN and Forbes 30 Under 30, a former Executive Director of HAL with more than 37 years of experience, and senior investment and finance professionals.

The company also operates in a fast-growing market. The global commercial drone market is expected to grow at a CAGR of about 22% through 2025, with North America, Europe and Asia Pacific accounting for around 80% of it, and Industry 4.0 and agriculture as key drivers.

Team

Founder & CEO

Harvard alumnus and mechanical engineer who has managed companies valued at over $100 million. Recipient of the UN Young Leader award and named in Forbes 30 Under 30.

Chief Investment Growth Officer

Over 18 years in investments, strategic acquisitions, joint ventures and M&A across Asia and the Middle East, with pre-IPO and IPO experience.

Chief Product Officer

Former Executive Director of HAL, with board and chairman roles on joint ventures with Rolls-Royce and Safran, and over 37 years of experience.

Chief Product Officer

Former KPMG chartered accountant with expertise in corporate governance and financial modelling.

Metafin raises Funds

Metafin raises Funds

Venture Garage advises Metafin in securing $5 Million raise from Prime Venture Partners & Varanium Capital 12 February 2024, Gurugram: Metafin, a clean tech-focused non-banking finance company (NBFC), has successfully secured $5 million in a recent funding round. Prime Venture Partners and Varanium Capital led …

Shark Tank

Shark Tank

Venture Garage makes splash in Shark Tank: Given First Exit & First Guest Shark from its Portfolio Venture Garage makes a significant impact on Shark Tank, achieving a milestone with its first guest shark and Shark Tank’s inaugural exit both from its portfolio. The standout …

Centriti

Centriti

Centriti logo

An end-to-end e-procurement platform that lets hotels buy from a single, technology-enabled supplier.

SectorEnterprise Tech | Supply Chain | Logistics
LocationNew Delhi
StageGrowth
Websitewww.centriti.in

About

Centriti is an end-to-end e-procurement platform through which hotels can buy from a single, technology-enabled supplier. For brands, it supports product integrity, on-time delivery and control over secondary sales. For owners of large hotel chains, it provides real-time inventory control.

Guestkart, its B2B SaaS e-procurement platform, offers procurement tools, a streamlined supply chain and AI-driven integrated inventory software.

Funding Update

In May 2024, Centriti raised ₹6 crore in a Pre-Series A round from EV2 Ventures, Brigade Family Office, VG Angels and other angel investors.

Details of the Pre-Series A round

Why We Invested

We invested in Centriti for several reasons together. It gives hotels a single, technology-enabled supplier for their purchasing, while giving brands better product integrity, on-time delivery and control over secondary sales, and giving large hotel chains real-time inventory control. Its AI-driven inventory software makes procurement more efficient. The founders bring deep experience in the hospitality sector: one in HoReCa, B2B and enterprise sales, and the other with over 20 years in hospitality and e-commerce, including ITC Hotels, JW Marriott and BigBasket.

The company also serves a large and growing market. India’s HoReCa (hotel, restaurant and café) industry contributed about 7% of GDP, roughly USD 78 billion, in FY22, and is projected to grow at a CAGR of about 10%, driven by rising incomes, spending and urbanisation. The quick-service restaurant segment alone is expected to grow about 23% through 2025.

Team

Co-Founder & CEO

Master’s in finance and strategy from ISB Hyderabad, with experience in the HoReCa segment and in B2B and enterprise sales. Previously led sales at Pagalguy.com, headed internet property sales at Educomp, and led India sales at Acropetal Technologies, which reached Rs 300 Cr in revenue.

Co-Founder

Over 20 years of experience in hospitality and e-commerce, across revenue strategy, growth, market expansion and customer satisfaction. Spent more than a decade at ITC Hotels and JW Marriott, and most recently was Business Head for HoReCa at BigBasket. Trained in hotel management at César Ritz, Switzerland.

Sequretek

Sequretek

Venture Garage advises Sequretek in $8 Million Series A Funding to Boost Cybersecurity Solutions for SMBs Delhi, 9 November 2023: Mumbai-based global cybersecurity firm, Sequretek, has bagged $8 million in Series A funding, The round was led by Omidyar Network India with participation from Narottam …

Omnivio raises seed round

Omnivio raises seed round

Venture Garage portfolio and client Omnivio raises $1.02 Million Seed Round Led by Caret Capital, Blume Ventures, Eximius VC, and others NOIDA, October 18, 2023 – Omnivio, a leader in Omnichannel enablement, has successfully raised $1.02 million in its latest Seed Round. The funding was …

Bharat Rohan

Bharat Rohan

BharatRohan logo

An agritech company that uses drone-based hyperspectral imagery to connect farmers, seed growers and corporates across the agricultural value chain.

SectorAgritech
LocationGurugram
StageListed
Websitewww.bharatrohan.in

About

BharatRohan works across the agricultural value chain, connecting farmers, seed growers and corporates through drone-based hyperspectral imagery, with the aim of better harvests and profitability.

Its Decision Support System combines drone technology, hyperspectral imaging and data analytics to improve farming practices, monitor crop health and connect farmers to transparent markets.

Funding Update

In 2023, BharatRohan raised funds through VG Angels.

The company listed on the BSE SME platform on 30 September 2025.

Details of the funding round

Why We Invested

We invested in BharatRohan for several reasons together. It uses drone-based hyperspectral imaging and data analytics to help farmers monitor crop health and improve harvests, and it links farmers, seed growers and corporates across the agricultural value chain. Drone monitoring and cloud platforms let it serve a large, widely spread customer base efficiently, and its franchise model lets it grow quickly without setting up direct operations in every region. Both co-founders are aeronautical engineers.

The company also plans to enter European, ASEAN and African markets, where its technology can address a wide range of agricultural challenges.

Team

Co-Founder & CEO

Aeronautical Engineer from Babu Banarasi Das National Institute of Technology and Management, Lucknow.

Co-Founder & CTO

Aeronautical Engineer from Babu Banarasi Das National Institute of Technology and Management, Lucknow.

Consint AI

Consint AI

A fraud and risk management AI platform for healthcare, managing insurance claims risk for insurance companies and hospitals. Sector Healthtech | AI | Insuretech Location Delhi/NCR Stage Growth Website www.consint.ai About Consint AI applies AI to healthcare, managing insurance claims risk at both insurance companies …