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India / Direct investor

From early conviction to enterprise scale.

Pre-seed and seed investor in B2B technology, industrial AI, robotics, fintech infrastructure and healthcare.

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Official typical investment$250K-$1.5M
Entry stagePre-seed and seed
Fund II, manager timeline figureINR 270 crore
Current portfolio entries32 companies

01 / The fund

Enterprise technology, backed early

Arali Ventures backs founders building business-to-business and enterprise technology. Its current FAQ covers enterprise AI, industrial AI, fintech infrastructure, healthcare, commerce and climate. The fund says it is comfortable investing before revenue or even product and usually prefers to lead or co-lead. The official typical investment range is $250,000-$1.5M, with reserves for follow-on investments.

The manager's timeline describes Fund II as INR270 crore ($35M). November 2024 final-close coverage reports INR266 crore, while the public SIDBI commitment table lists an INR300 crore target and INR50 crore sanction. These figures refer to different reporting contexts and should not be silently treated as one exact final corpus. The manager's registration page identifies Fund I as an angel fund and Fund II as a Category I venture-capital fund.

The current portfolio grid has 32 entries, including three manager-labelled complete exits and three inactive entries. This is not 32 active holdings or the whole historical universe: the timeline separately describes a 35-company ecosystem in 2025. Oivi and Wiz Freight are treated by the manager's filter as spanning both funds, even though their cards display one fund label. We preserve historical entries and visible caveats rather than guessing that an empty status badge means active.

Official strategy, FAQ and timeline ↗ · November 2024 final-close report ↗ · Official fund registrations ↗

02 / Portfolio

Explore by sector

Thirty-two entries in the current official grid, including exits and inactive investments. Status labels are attributed to the manager and do not necessarily mean the company has shut down. DTT sectors distinguish robotics and industrial vision from ordinary software AI. Rapture's haptic audio hardware and Oivi's medical screening remain in Others. Outvision's detailed profile describes eyewear commerce, while the grid says video intelligence; this conflict is disclosed on its card.

BioTech 1

RenaissThera logo
RenaissThera ↗
Official portfolio

Develops small-molecule medicines for cardio-metabolic diseases such as diabetes and obesity. Its drug-discovery work aims to create treatments that can be easier to deliver and access than injectable therapies.

Holding source ↗

Energy & Materials 1

Fluxgen logo
Fluxgen ↗
Official portfolio

Measures and manages water use in industrial and commercial sites with connected sensors and analytics. The system helps identify leaks, track consumption and plan improvements across water networks.

Holding source ↗

Physical AI 6

Bidaal logo
Bidaal ↗
Official portfolio

Uses computer vision to turn industrial-camera footage into live safety and operations alerts. The software spots unsafe behaviour and process deviations instead of leaving footage to be reviewed only after an incident.

Holding source ↗
Cynlr logo
Cynlr ↗
Official portfolio

Builds visual intelligence and manipulation systems for industrial robotic arms. Its vision-guided robots handle objects they have not been specially programmed for, including unfamiliar parts in manufacturing.

Holding source ↗
Flo Mobility logo
Flo Mobility ↗
Official portfolio

Builds autonomous robots for moving materials around construction sites. Its systems navigate changing outdoor environments so repeated transport tasks need less manual driving.

Holding source ↗
Harvested Robotics logo
Harvested Robotics ↗
Official portfolio

Builds tractor-mounted equipment that uses cameras and AI to find weeds and lasers to destroy them while sparing crops. It aims to reduce dependence on herbicides and manual weeding.

Holding source ↗
Jidoka logo
Jidoka ↗
Official portfolio

Uses AI vision to inspect manufactured products and identify defects, dimensions, codes and surface problems. Cameras and software make quality checks more repeatable on production lines.

Holding source ↗
Unbox Robotics logo
Unbox Robotics ↗
Official portfolio

Builds mobile robots that work together to sort and consolidate parcels in warehouses. Swarm coordination lets the system scale by adding robots rather than rebuilding a fixed conveyor system.

Holding source ↗

Others 24

50Fin logo
50Fin ↗
Official portfolio

Builds digital infrastructure for loans secured against shares and mutual funds. It connects portfolio discovery, collateral pledging, valuation and loan servicing so investors can borrow without selling their investments.

Holding source ↗
AgntID logo
AgntID ↗
Official portfolio

Controls the identities, permissions and runtime access of enterprise AI agents. It checks what an agent is allowed to do when it calls tools or accesses company systems.

Holding source ↗
Bimakavach logo
Bimakavach ↗
Official portfolio

Provides a digital business-insurance platform for companies. It helps businesses assess risk, compare cover and manage claims across operational and financial risks.

Holding source ↗
Cognisaas logo
Cognisaas ↗
Manager-labelled inactive

Provides customer-onboarding and implementation software for business customers. It coordinates plans, documents and handoffs so complex deployments can reach a working result.

Company destination not fully verified in live checks; opens the primary holding source.

Holding source ↗
Decodem AI logo
Decodem AI ↗
Manager-labelled inactive

The manager describes an AI consumer and market-intelligence platform. It turns digital feedback and signals into information about how customers perceive a brand and its competitors.

No usable company website link on the manager detail; opens the primary holding source.

Holding source ↗
DeepMatrix logo
DeepMatrix ↗
Official portfolio

Combines satellite images, drone surveys, laser-scanned point clouds and other spatial information for infrastructure operators. Its software turns large location-based datasets into analysis for inspection and maintenance.

Holding source ↗
Ezo Books logo
Ezo Books ↗
Official portfolio

Provides billing tools and point-of-sale machines for small shops and restaurants. It combines invoicing, customer records and merchant workflows without requiring a complex enterprise system.

Holding source ↗
FinBox logo
FinBox ↗
Official portfolio

Provides infrastructure for digital lending, including loan origination, data gathering, underwriting and repayments. Lenders use the stack to assess risk and build customised lending products.

Holding source ↗
Frigate logo
Frigate ↗
Official portfolio

Provides technology-supported manufacturing and sourcing across machining, casting, moulding and fabrication. Equipment makers use it to coordinate suppliers, quality and delivery through one partner.

Holding source ↗
Growcoms logo
Growcoms ↗
Official portfolio

Provides a farm-to-ingredient supply network for spices, blends and seasonings. It combines procurement, quality control and traceability so food buyers can understand where ingredients come from.

Company destination not fully verified in live checks; opens the primary holding source.

Holding source ↗
Hbox logo
Hbox ↗
Manager-labelled complete exit

Provides remote-care software and operations for specialty clinics. It combines ongoing patient monitoring, care plans and clinician communication between visits.

Holding source ↗
Insent AI logo
Insent AI ↗
Manager-labelled complete exit

Built a business-to-business website chatbot that engaged potential buyers and brought sales staff into conversations. A historical investment acquired by ZoomInfo, not an independent current startup listing.

Historical investment. Opens the manager holding source rather than an unrelated or unverified current service.

Holding source ↗
Mannjal logo
Mannjal ↗
Official portfolio

Builds infrastructure for partnership lending between financial institutions. It coordinates applications, documentation and compliance-heavy workflows used to extend credit.

Company destination not fully verified in live checks; opens the primary holding source.

Holding source ↗
Oivi logo
Oivi ↗
Official portfolio

Builds automated retinal-screening equipment to help primary-care providers detect diabetic eye disease earlier. It combines eye imaging and AI-assisted analysis, rather than relying on a separate specialist visit for every screen.

Holding source ↗
Outvision logo
Outvision ↗
Manager-labelled inactive

The detailed manager profile describes a business-to-business eyewear platform that digitised retailer workflows and supply. Its grid instead says video intelligence; the detailed eyewear account is also supported by earlier manager material, so the mismatch is disclosed.

No usable company website link on the manager detail; opens the primary holding source.

Holding source ↗
Pathfndr logo
Pathfndr ↗
Official portfolio

Provides AI-assisted travel-booking and packaging software for businesses. It combines flight, hotel, activity and transfer options so travel sellers can build and revise bookable journeys.

Holding source ↗
Pibit logo
Pibit ↗
Official portfolio

Builds AI underwriting software for commercial insurance. It extracts information from emails, PDFs and spreadsheets so underwriters can assess risk without repeatedly entering the same data.

Holding source ↗
Prolance logo
Prolance ↗
Official portfolio

Automates the path from interior design to modular-furniture manufacturing. Designers and factories use shared software for specifications, procurement and production planning.

Holding source ↗
Protecto logo
Protecto ↗
Official portfolio

Protects sensitive data used by enterprise AI systems. It scans and masks information while preserving enough context for AI applications to remain useful.

Holding source ↗
Quash logo
Quash ↗
Official portfolio

Provides AI-assisted mobile, web and API testing. Teams describe workflows and run checks that identify software faults without maintaining every test step by hand.

Holding source ↗
Rapture logo
Rapture ↗
Official portfolio

Develops the Sonic Lamb headphones and haptic-audio technology. Haptics add physical vibration to sound so listeners can feel low-frequency audio as well as hear it; this is audio hardware, not a robot.

Holding source ↗
Unloq logo
Unloq ↗
Official portfolio

Connects banks, financial-technology companies and brands through personalised offers and rewards. It helps issuers target promotions during moments when customers are likely to buy.

Holding source ↗
Wingman logo
Wingman ↗
Manager-labelled complete exit

Built real-time AI coaching and prompts for sales calls and was acquired by Clari. This historical investment is not the unrelated robotics business now using the old company domain.

Historical investment. Opens the manager holding source rather than an unrelated or unverified current service.

Holding source ↗
Wiz Freight logo
Wiz Freight ↗
Official portfolio

Provides digital freight-forwarding workflows, including capacity discovery, pricing, routing and shipment visibility. The manager lists exposure across both funds; the current homepage was a generic template when checked, so the verified portfolio source is used.

Historical investment. Opens the manager holding source rather than an unrelated or unverified current service.

Holding source ↗

03 / Team & connect

Investment team

Arun Raghavan

Arun Raghavan

Managing Partner

Arun is a co-founder and Managing Partner at Arali Ventures. He leads investments in enterprise technology across AI and Security.

LinkedIn profile ↗
Rajiv Raghunandan

Rajiv Raghunandan

Managing Partner

Rajiv is a co-founder and Managing Partner at Arali Ventures. He leads investments Healthtech, Industrial AI and B2B Commerce.

LinkedIn profile ↗
Sujata Krishnan

Sujata Krishnan

Partner & CFO

Leads fintech investments alongside finance and fund operations. A direct personal LinkedIn profile was not verified; portrait and link open the official biography.

Official biography ↗
Archini Paruthi

Archini Paruthi

Investor

Archini is an investor at Arali Ventures and invests in companies building across Medical Devices, Biotechnology, Drug Development, and HealthTech.

LinkedIn profile ↗
Azhar Yakkundi

Azhar Yakkundi

Investor

Azhar is an investor at Arali Ventures and invests in companies building across Robotics, Industrial AI, B2B Marketplaces, and Deeptech

LinkedIn profile ↗
Harshal Gupta

Harshal Gupta

Investor

Harshal is an Investor at Arali Ventures, where he invests in early-stage enterprise software, AI and cybersecurity companies.

LinkedIn profile ↗
Raunak Patni

Raunak Patni

Investor

Raunak is an investor at Arali Ventures and works closely with and invests in early stage fintech and fintech infra companies.

LinkedIn profile ↗
Rohan Choukkar

Rohan Choukkar

Managing Director

Rohan is a Managing Director at Arali Ventures and leads the funds investments in deep-tech, industrial AI and sustainability at Arali Ventures.

LinkedIn profile ↗

Eight profiles with a confirmed investing remit. Seven direct personal LinkedIn profiles checked; Sujata Krishnan is included because the manager explicitly says she leads fintech investments, but her personal LinkedIn was not verified. Her portrait and link therefore open her official biography, not a same-name account. Svetha Ravi is currently described as capital networks and LP relations; finance/operations-only staff and advisers are excluded. Full names for abbreviated manager labels are cross-checked against personal profiles or earlier manager material.

Official team ↗

04 / Fund network

Limited partners

One named institutional relationship is supported by a public primary commitment record. Final-close reporting mentions domestic financial institutions, family offices and high-net-worth investors without naming every contributor. Advisers, sponsors, portfolio co-investors and capital-network staff are not automatically LPs.

SIDBI Fund of Funds for Startups

Publicly sanctioned commitment

SIDBI's public table lists Arali Ventures II with an INR300 crore target corpus and INR50 crore sanctioned amount. Sanction is not proof that the full amount has been drawn or that the target equals the final close. The registration number on Arali's own Fund II page links the scheme to its current manager details.

Primary commitment record ↗

Research checked 2 November 2026. Public statements are not investment advice or confirmation of an available allocation.