Hello World: 2024 Jan Edition ??
Aureolis Ventures
We nurture people and innovations that solve the world's most important problems.
?? ?? Launch Into The New Year With Our Quarterly Insights! ??
?? As the new year begins, we're thrilled to present the first issue of our quarterly newsletter for 2024. With the holiday season's warmth still with us, it's an opportune moment to reflect on the final quarter of 2023 and set our sights on the challenges and opportunities for 2024.
Despite last year's challenging funding landscape, we chose to reinforce our commitment to innovation. We doubled down on follow-on investments in key portfolio companies including Pixxel, BrainSightAI, Bold Care, mCaffeine, and Navana.ai (Sayl.ai), reinforcing our belief in their potential to redefine industries and drive growth. Let's delve into the highlights and milestones that have set the stage for an exciting 2024. ??
Inside this edition:
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New Investments
Fasal - Grow More, Grow Better? is an agritech company using technology and a deep understanding of horticulture to deliver on a double bottom line - better profits for farmers and regenerated?soil for the planet. With their solution now deployed across?75,000 acres and poised to grow 10x, Fasal is notable for their laser focus on delivering?a better tomorrow for farmers. The round was led by TDK Ventures and British International Investment , with participation?from ITI Growth Opportunities Fund , Navam Capital and us. You can read more about this here.
Zyla Health is a Health AI company that uses both tech and touch to deliver measurably superior outcomes for all the participants in the health value?chain, from insurers to employers to patients. With a clear focus on chronic care, the Zyla team, led by Khushboo Aggarwal and Aishwary Bhaskar (co-founder & CTO), has the potential to make the notoriously complex healthcare system work smoothly for its stakeholders. The round was led by Exfinity Venture Partners and Sony Innovation Fund .?You can read more about this here.
Portfolio at a Glance
B2B Manufacturing Platform Karkhana.io has recently raised $6.3M in their Series A round, co-led by Arkam Ventures & Susquehanna Asia Venture Capital . The round also saw participation from Vertex Ventures SE Asia & India . You can read more about this development here.
Actor Ranveer Singh joined D2C sexual wellness brand Bold Care as a new co-owner. You can read more about this here.
Pixxel & Blue Sky Analytics , our portfolio spacetech superstars were recognised by Inc42 Media as two of 18 startups revolutionising India's space industry today! You can read more about this development here.
领英推荐
SALT - mysaltapp , a personal finance solution primary focused on women, has just been crowned Female Economy Fintech of the Year 2023! This award, presented by Financial Alliance for Women's Alliance Hackathon is a testament to their dedication to gender intelligent design and financial empowerment. You can read more about this here.
Aureolis Insights
We kicked off our insight essay series with "Cracking the Pitch: A Former Founder's Guide from the Other Side of the Table", written by our very own Jyotsna (Jo) Pattabiraman , Partner at Aureolis.
This insightful piece offers a unique blend of a founder's experience and an investor's perspective, making it a must-read for entrepreneurs gearing up for funding. Jyotsna's firsthand knowledge and journey from founder to investor provide invaluable insights into what it takes to craft a compelling pitch.
Be sure to check it out here!
Aureolis in Action
On December 6, Paula Mariwala & Jyotsna (Jo) Pattabiraman were featured on the Radically Yours X Stanford Angels & Entrepreneurs India panel called "Women Leading the Way" where they engaged in a vibrant discussion on the nuances of navigating a successful exit and spoke in depth about pathways for emerging women entrepreneurs. You learn more about this event here.
Inc42 Media recently recognized 41 trailblazing women in India's startup investor ecosystem, including our very own founding partner, Paula Mariwala & Aureolis advisor Tarana Lalwani . For over 15 years, Paula & Tarana have been at the forefront of venture investing in India, and this feature stands as a testament to this group's monumental impact. Celebrating these women today and always! ??
Last quarter, Paula moderated a critical CII session featuring Mr. Dinesh Kanabar that dealt with sticky issues around startup related taxation policies. Here, Mr. Kanabar unravelled the complex world of compliance and regulations, offering practical solutions tailored for the startup landscape. This made it an ideal session for investors, founders, and anyone keen on navigating the startup ecosystem successfully. ??
Recently, Paula took part in a thought provoking discussion on emerging tech trends organised by the Institute for Competitiveness along with Dr. Richard B. Dasher , Director of Stanford’s US-Asia Technoloy Management Center. You can learn more about this here.
And that's all for the last quarter! Be sure to subscribe to our LinkedIn newsletter for our quarterly newsletter, insight essays, funding updates and so much more.
You can also click here to joining our mailing list to receive our updates directly in your inbox.
“We always bet on teams, not just the tech. We always support the passion, not just the numbers. And we always strive to nurture, not just invest. We look for the right chemistry, not just the math”. Paula Mariwala, Founding Partner