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India / Direct investor

Science, engineering and defensible intellectual property.

Early-stage deeptech with patient capital.

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First cheque · current manager mandate$200,000-3 million
Fund I corpus · May 2023 commitment filing₹637.813 crore
Entry stagePre-seed / Seed / A
Public portfolio history23 public identities

01 / The fund

Backing science before the market calls it obvious

Capital 2B backs deeptech and IP-led companies from pre-seed through Series A. Its current manager mandate specifies first cheques of $200,000-3 million, often as first institutional investor. It targets the intersection of computation, engineered physical systems, programmable biology and materials. Not every historical investment is a laboratory or hardware business: software, fintech and consumer holdings remain visible in Others.

Capital 2B Fund I is a distinct pool within the wider Info Edge investing platform. Its own connect page identifies Capital 2B as a Category II AIF, registration IN/AIF2/22-23/1051, and Smartweb Internet Services Limited as fund manager. Info Edge's stock-exchange disclosure dated 26 May 2023 identifies a revised committed corpus of ₹637.813 crore, up from ₹567.5 crore after DFOSG's ₹70.313 crore commitment. The table includes ₹5 crore from Smartweb Internet Services Limited as investment manager. This is a dated commitment corpus, not cash disbursed, current dry powder or a new fundraise.

The April 2022 announcement described a $75 million target and MacRitchie's $37.5 million commitment, subject to customary conditions and scheme approval then. The later rupee commitment disclosure is kept distinct rather than converting or treating the earlier target as the latest amount. Public company-wide portfolio values, gross IRRs and ₹1,003 crore AI/deeptech deployment totals span several capital pools and are not Capital 2B-only performance.

Redstart, Info Edge Ventures I/II/III, InfoEdge Growth and parent balance-sheet investments are related but not interchangeable. Shared staff or a familiar company name does not transfer a holding between pools. The June 2026 shareholder letter explicitly allocates Bharat Semi jointly to Capital 2B / Redstart; other Redstart-only names are not pulled into this profile simply because some people work across both platforms.

Current mandate ↗ · Committed corpus disclosure ↗

02 / Portfolio

Explore by sector

23 distinct public fund relationships: all 18 current manager names plus five off-grid filing-supported identities. Kloudlite and Sytolab appear in the historical Fund I schedule reproduced with the June 2026 shareholder letter; Bharat Semi and Wakefit are specifically allocated to Capital 2B in its newer March 2026 portfolio snapshot. The issuer's FY2026 annual report additionally names Piiko (Tangentup Labs) in Capital 2B. Its automated blood-cell and biochemistry analyser is corroborated by Kerala Startup Mission; its own domain failed retrieval and DNS resolution, so the public product record is the qualified destination. Absence from the current manager grid is not proof of exit. No private exhaustive register or unchanged current ownership is claimed.

Marbles Health/Stimveda and Matter/Matter Motors are counted once. Matter is Energy & Materials; Ahammune, Avammune, Marbles, Sytolab and Piiko are BioTech. Leumas' robot factories and Botsync are Physical AI. Pantherun is Semiconductors for encryption chip IP and FPGA-based products, alongside Bharat Semi's image sensors. Post-quantum encryption is not evidence of quantum hardware. Manastu Space is Space Tech. Financial AI, ordinary software, escrow and Wakefit commerce remain Others.

Company own sites or own technical pages were inspected on 2 November 2026 where retrievable. Wakefit's direct homepage returned a challenge; its filing-backed relationship and consumer-commerce classification do not rely on bypassing it. Sytolab's current homepage timed out and direct resolution failed; its own technical article was readable through retrieval, so that is the qualified destination instead. Authentic manager or ownsite marks are used where obtained; fallback name labels are explicitly identified. The historical schedule excludes Redstart, which prevents a shared-platform biography from becoming unsupported fund membership.

Energy & Materials 1

Matter logo
Matter ↗

Electric motorcycles, proprietary battery systems and energy technology.

Holding source ↗

Physical AI 2

Leumas logo
Leumas ↗

Modular robot factories, process hardware and software for pharma and wellness manufacturing.

Holding source ↗
Botsync logo
Botsync ↗

Autonomous mobile robots and factory-automation systems.

Holding source ↗

BioTech 5

Ahammune Biosciences logo
Ahammune Biosciences ↗

Therapeutics for skin health and immunomodulation.

Holding source ↗
Marbles Health logo
Marbles Health ↗

Neuromodulation headband and digital brain-therapy platform, formerly Stimveda.

Holding source ↗
Avammune Therapeutics logo
Avammune Therapeutics ↗

Multi-modal cancer therapeutics and immuno-oncology research.

Holding source ↗
Sytolab logo
Sytolab ↗
Off-grid · historical filing

3D bioprinting systems and research tools for tissue engineering. Historical Fund I schedule names it; current own homepage timed out, but own technical article was inspected.

Qualified name label, not an authentic logo.

Holding source ↗
Piiko logo
Piiko ↗
Off-grid · FY2026 annual report

Tangentup Labs medical diagnostic analyser with automated sample preparation, microscopy and blood-cell/biochemistry testing. FY2026 issuer annual report explicitly allocates it to Capital 2B. Historical relationship, not assumed unchanged ownership.

Own domain failed retrieval and DNS resolution. Kerala Startup Mission product record is the qualified destination. Name label, not authentic logo.

Holding source ↗

Semiconductors 2

Pantherun logo
Pantherun ↗

Encryption chip IP, FPGA-based secure networking and industrial Ethernet products. Silicon IP qualifies as Semiconductors; post-quantum security does not mean quantum hardware.

Holding source ↗
Bharat Semi logo
Bharat Semi ↗
Off-grid · June 2026 filing

CMOS image sensors and semiconductor IP. June 2026 filing allocates the relationship jointly to Capital 2B / Redstart; counted once within this profile.

Holding source ↗

Space Tech 1

Manastu Space logo
Manastu Space ↗

Green satellite propulsion systems and collision-avoidance technology.

Holding source ↗

Others 12

Hypernorm logo
Hypernorm ↗

AI decision intelligence and investment workflow software for financial institutions.

Holding source ↗
Dview logo
Dview ↗

Cloud data ingestion, management and analytics software.

Holding source ↗
Ringg AI logo
Ringg AI ↗

Voice AI and agent orchestration for enterprise workflows.

Holding source ↗
Beatoven.ai logo
Beatoven.ai ↗

AI-generated music tools for creators.

Holding source ↗
Blubirch logo
Blubirch ↗

Reverse supply-chain and retail returns-management software.

Holding source ↗
Finarkein logo
Finarkein ↗

Financial-data infrastructure and account-aggregator orchestration software.

Holding source ↗
Knowl logo
Knowl ↗

AI contact-centre and debt-collection software for financial services.

Holding source ↗
Metamorphosys logo
Metamorphosys ↗

Digital insurance workflow and claims platforms.

Holding source ↗
Supermoney logo
Supermoney ↗

Supply-chain financing and channel-credit platform.

Holding source ↗
Castler logo
Castler ↗

Digital escrow, source-code escrow and software recoverability platform.

Holding source ↗
Kloudlite logo
Kloudlite ↗
Off-grid · historical filing

Developer environments, local development and cloud infrastructure tooling. Historical Fund I schedule names it; off-grid does not prove exit.

Holding source ↗
Wakefit logo
Wakefit ↗
Off-grid · June 2026 filing

Mattresses, furniture and home furnishings. June 2026 filing allocates it to Capital 2B; consumer commerce is not relabelled deeptech.

Qualified name label, not an authentic logo.

Holding source ↗

Separate platform and personal experience

Akriti's personal work names Unbox Robotics and SkyServe alongside Capital 2B names, but those alone do not prove Capital 2B ownership. The shareholder letter allocates Unbox Robotics to Redstart. Likewise Anscer and Clean Electric are IEV Fund II; Biostate, Climitra and LAT Aerospace are IEV Fund III; CynLr, ePlane and String Bio are Redstart. Those are not silently reassigned here.

Amit and Abhay share roles with InfoEdge Growth, and several staff personally list Redstart alongside Capital 2B. Their earlier employers' portfolios remain earlier experience, not fund holdings.

Capital-pool allocation record ↗

03 / Team & connect

Investment team

Amit Behl

Amit Behl

Partner · Investments

Current personal experience confirms Capital 2B investment role; some staff also hold Redstart roles.

LinkedIn profile ↗
Abhay Sahoo

Abhay Sahoo

Vice President · Shared platform

Shared with InfoEdge Growth; personal role explicitly includes Capital 2B.

LinkedIn profile ↗
Ishaan Bhattacharya

Ishaan Bhattacharya

AVP · Deeptech Investments

Current personal experience confirms Capital 2B investment role; some staff also hold Redstart roles.

LinkedIn profile ↗
Saanidhya

Saanidhya

Investment Team

Shared with InfoEdge Growth; personal role explicitly includes Capital 2B.

LinkedIn profile ↗
Shaurya Mann

Shaurya Mann

Investment Analyst

Current personal experience confirms Capital 2B investment role; some staff also hold Redstart roles.

LinkedIn profile ↗
Harini Murali

Harini Murali

Vice President

Current personal experience confirms Capital 2B investment role; some staff also hold Redstart roles.

LinkedIn profile ↗
Akriti Gupta

Akriti Gupta

Associate Vice President

Current personal experience confirms Capital 2B investment role; some staff also hold Redstart roles.

LinkedIn profile ↗
Shaurya Sighadia

Shaurya Sighadia

Investments

Current personal experience confirms Capital 2B investment role; some staff also hold Redstart roles.

LinkedIn profile ↗

Eight current investment contacts checked against their own personal experience on 2 November 2026, with all eight official portraits visually matched. Actual personal titles are retained where the manager only says Investments: Harini is VP, Akriti AVP, Ishaan AVP, Shaurya Mann Investment Analyst and Abhay VP at the shared platform. Saanidhya and Shaurya Sighadia personally list investment roles.

Vibhore Sharma still appears as Partner on the manager site, but his personal Capital 2B role ends September 2026 and Redstart role ends October 2026. He is excluded from current contacts rather than allowing a stale manager card to override the dated personal record. Sidharth is legal and Chetan finance, so excluded. Shared current Redstart roles are qualified, not evidence that both capital pools are one fund.

Official connect route ↗

04 / Fund network

Limited partners

Public stock-exchange disclosures identify these capital providers to Capital 2B Fund I. They are institutional relationships, not portraits of executives presumed to represent subscriptions. Commitment percentages below are the dated May 2023 corpus table, not current ownership or disbursement claims.

Info Edge (India) group

The filing reports 44.88% direct and indirect Info Edge commitment to the revised ₹637.813 crore corpus. It includes ₹5 crore from Smartweb as investment manager; that manager contribution is not an extra outside LP or a separate uncounted fund.

Issuer commitment table ↗

MacRitchie Investments

The filing identifies 44.10% of committed corpus. MacRitchie is an indirect wholly owned subsidiary of Temasek Holdings. MacRitchie and Temasek are therefore one disclosed subscribing lineage, not two separate LP cards. April 2022's $37.5 million commitment was subject to customary conditions then.

Named subscriber disclosure ↗

DFOSG Pte. Ltd.

The May 2023 contribution agreement commits ₹70.313 crore to Capital 2B Fund I, or 11.02% of revised corpus. This exact subscriber is retained; no ultimate beneficial owner or family-office identity is guessed from its abbreviation.

Contribution agreement disclosure ↗

Other co-investors in portfolio companies, ecosystem partners, government RDI allocations to companies and team employers are not fund LPs. The public table does not establish full cash drawdown or a complete current LP register. Checked 2 November 2026.