# Aarin Capital

> Aarin Capital is a VC fund in Bangalore backing Education and Biotechnology. See 38 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Bangalore, India
- Total investments: 38
- Last investment: Sep 2021
- Lead investor: 29%
- Fund size: $100M
- Last fund: Jan 2015
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/aarin-capital
- Website: http://aarincapital.com

Aarin Capital is a VC fund in Bangalore focused on Education and Biotechnology. We seek to create long-term value by partnering with talented, hungry management teams actively complementing their skills with our collaborative engagement. We aim to build profitable companies with sustainable value propositions. We appreciate audacious ideas that embed disruptive, customer-focused technologies with the potential to address andtransform large markets.We support our investee companies in generating profitable revenue growth, instituting strong compliance and governance processes, margin enhancement and active operational and strategic management.We dislike financial engineering as a means to demonstrating value creation.We encourage our investee companies to focus on maximising free cash flows by focusing on their core strengths.We are not merely financial investors but also trusted operating partners of our investee companies. Accordingly, we have separate investment and operating teams comprising seasoned, high-quality professionals with a wealth of hands-on operating and investing experience to streamline and maximise the impact and support we can provide to our investee companies.

## Contacts

5 contacts available for Aarin Capital. Shizune tracks 2 team members at Aarin Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/aarin-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $220k–$12M |
| Series A | $3M–$9M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Education | 7 | 18% |
| Biotechnology | 5 | 13% |
| E-Commerce | 4 | 11% |
| E-Learning | 4 | 11% |
| Mobile | 3 | 8% |

66 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 14 | 37% |
| Seed | 10 | 26% |
| Funding Round | 6 | 16% |
| Series B | 5 | 13% |
| Series C | 1 | 3% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 19 | 50% |
| United States | 7 | 18% |
| Singapore | 1 | 3% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Mohandas Pai | Co-Founder and Chairman | 46 | https://shizune.co/investors/profile/tv-mohandas-pai |
| Ranjan Pai | Partner | 11 | https://shizune.co/investors/profile/ranjan-pai |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 88academics | 88academics (INDIA) has been established with the social objective of making quality video-based learning material available to ALL Indian students. Technology, connectivity, and social media are rapidly changing the world of Education and we wish to lead the democratization of the tuition industry in India. The current tuition options available inthe market are expensive and cater only to the upper classes leaving students from middle and lower-income families at a disadvantage. We intend to leverage technology to level the playing field. | $3M | Seed | Sep 27, 2021 |  |
| Magic Crate | Magic Crate is an innovative early childhood learning company that is a pioneer and market leader in the area of discovery kits for young children. Magic Crate was set up in early 2014 by young parents from IIT, IIM, NID and Georgia Tech. as a subscription service that delivers activity boxes based on fresh new themes to their customer’s doorstepseach month. |  | Seed | Jul 11, 2018 |  |
| Foodlink F&B Holdings India Pvt. Ltd. | FOODLINK provides catering and banquet management services. | $2.2M |  | Mar 01, 2018 |  |
| Faircent | Faircent helps in eliminating the high margins which intermediaries like banks and financial institutions make on our transactions. Banks have massive overheads, with thousands of employees to pay and hundreds of branches to maintain. Banks must take large margins on the money that passes through them. Whereas at Faircent.com people who have sparemoney lend it directly to people who want to borrow. There are no banks in the middle, no huge overheads | $4M | Series B | Dec 19, 2017 |  |
| Sayre Therapeutics | At Sayre Therapeutics, They focus on bringing hitherto unavailable novel medicines, drug-delivery devices, companion diagnostics and diagnostic imaging agents to medical oncologists, surgical oncologists, radiation oncologists, interventional radiologists and rheumatologists.These include, but are not limited to, small molecules, recombinantproteins,monoclonal antibodies (mAbs),drug-delivery devices and diagnostics in Oncology and Immunology.Our business model encompasses Global access / early access programs, Named Patient programs and securing product registrations for exclusive commercial distribution in South Asia. | $8M |  | Sep 04, 2017 |  |
| PharmEasy | PharmEasy is a health tech startup offering services such as teleconsultation, medicine deliveries, and diagnostic test sample collections.It also operates an online pharmacy that helps patients connect with local pharmacy stores and diagnostic centers in order to fulfill their extensive medical needs. The startup company is funded and backed byCaisse de Dépôt et Placement du Québec (CDPQ), Ascent Health, Bessemer Venture Partners, Orios Venture Partners, Eight Roads Ventures, InnoVen Capital, and Temasek Holdings.PharmEasy was founded in 2015 by Dharmil Sheth, Mikhil Innani, and Dhaval Shah as a subsidiary of Ascent Health. | $16M | Series B | Mar 30, 2017 |  |
| Wigzo Technologies | Wigzo is a Contextual Marketing Platform that helps marketers send Smarter Communication in Email or In-App. Which Means changing content dynamically based on User behaviour on Website and App. Using Wigzo's predictive technologies companies can produce Dynamic content blocks which automatically populates in emails based on User behaviour andContext. Wigzo can be used as a layer on top of existing email clients, and uses Javascript and SDK to track and store user behaviour. Using Machine learning Processes and Adaptive technology, it can churn User predictive buying and populate product or content in emails. |  |  | Mar 27, 2017 |  |
| Pocket Aces | Pocket Aces is India's digital entertainment company focused on mobile video. The company operates three socially distributed content channels: FilterCopy (short videos), Dice Media (long-form videos), and Gobble (food and lifestyle videos) as well as a direct-to-consumer platform: Loco (live and interactive esports app).The Company'ssocially distributed video network reaches over 50 million people weekly, clocking over ~500 million video views every month. In 2018, Pocket Aces became the first digital company to sign a multi-show deal with Netflix in India. Loco is one of the fastest-growing apps in India today with over 15 million registered users. The Company's creative and servicing capabilities make it the creator of choice for advertisers such as PepsiCo, Flipkart, Amazon, Samsung, One Plus, Google, Kingfisher, Kotak Mahindra Bank, etc. The Company also manages some of India’s most popular digital faces. Furthermore, Pocket Aces' large content IP library is syndicated across platforms such as Ola Play and Reliance Jio, airlines such as Emirates, Jet and Cathay Pacific, cable partners such as Tata Sky, and international platforms such as China's Youku Tudou and Bytedance. | $3M | Series A | Dec 15, 2016 |  |
| DoSelect | We are transforming how organisations think about taking people decisions. Historically, hiring and continuous development workflows in most organisations are highly manual and involve a lot of subjectivity. We are using cutting edge technology and using data in a whole new way to re-invent how hiring and learning teams in organisations functionand take critical decisions.We have helped countless organisations become exponentially better at hiring great people to join their teams, and enabling their employees acquire new skills to stay ahead of the curve.And that's just what we are doing today. We have dedicated ourselves to the mission of solving recruitment and learning for good -- using technology and data to solve the most important challenges in these areas. | $490K | Seed | Nov 03, 2016 |  |
| Impact Analytics | We build 360-degree data science solutions to empower enterprises to turn their data into dollars. We synthesize business wisdom from top-tier strategy consultants, advanced machine learning from experienced data scientists and cutting-edge product development by expert application designers and developers to create solutions that enable ourclients to win. The team comprises top-tier consultants from McKinsey and BCG, data scientists with advanced machine learning experience and product developers who have built winning mobility products. We bring the best of data science to your team. Our delivery model and experience allow us to help clients achieve data science excellence, but at a minimal cost. | $750K | Seed | Oct 31, 2016 |  |

10 of 38 investments shown.

## Co-investors
- [3one4 Capital](https://shizune.co/investors/profile/3one4) — VC Fund, 7 deals together
- [Navam Capital](https://shizune.co/investors/profile/navam-capital) — VC Fund, 4 deals together
- [Accel](https://shizune.co/investors/profile/accel) — VC Fund, 3 deals together
- [Chiratae Ventures](https://shizune.co/investors/profile/idg-ventures-india) — VC Fund, 2 deals together
- [JM Financial](https://shizune.co/investors/profile/jm-financial) — VC Fund, 2 deals together
- [Karnataka Information Technology Venture Capital Fund](https://shizune.co/investors/profile/karnataka-information-technology-venture-capital-fund) — VC Fund, 2 deals together

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## FAQ

### What does Aarin Capital invest in?

Aarin Capital invests primarily in Education, Biotechnology and E-Commerce startups, most often at Series A and Seed stage. Most of the 38 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Aarin Capital's check size?

Aarin Capital typically joins rounds of $220k–$12M at Seed and $3M–$9M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Aarin Capital participates in.

### How do I contact Aarin Capital?

Public channels for Aarin Capital include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Aarin Capital?

The team at Aarin Capital includes Mohandas Pai (Co-Founder and Chairman) and Ranjan Pai (Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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