# Bengal Finance & Investment

> Bengal Finance & Investment is a VC fund backing Manufacturing, Industrial and Payments. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 4
- Last investment: Feb 2026
- Lead investor: 25%
- Last updated: Aug 2026

Bengal Finance & Investment is a VC fund focused on Manufacturing and Industrial. Bengal Finance & Investment operates as an investment firm.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 3 | 75% |
| Industrial | 2 | 50% |
| Payments | 1 | 25% |
| Gift Card | 1 | 25% |
| Blockchain | 1 | 25% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Post-IPO Equity | 3 | 75% |
| Private Equity | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Aeroflex Industries | Aeroflex Industries is manufactures stainless steel corrugated flexible hoses. | $6.1M | Post-IPO Equity | Feb 03, 2026 |  |
| Zaggle | Zaggle is an award-winning digital payments, cashback and analytics company. The company help corporates and individuals enjoy gifts and experiences across multiple channels everyday; in the form of employee rewards and recognition, channel partner incentives, employee benefits, online shopping cash back and restaurant cash back. | $8.8M | Private Equity | Aug 18, 2023 |  |
| Balu Forge | Balu Forge is a manufacturing company that specialises in crankshafts. The company offers comprehensive services, including forging, precision machining, heat treatment, and assembly. Balu Forge stands as a one-stop solution for crankshaft production, ensuring excellence in every stage of the manufacturing process. | $19.3M | Post-IPO Equity | Jun 21, 2023 |  |
| Virtuoso Optoelectronics | Virtuoso Optoelectronics is a manufacturing company with a diverse product portfolio and specialising in high volume, large scale production of consumer & industrial products. | $4.3M | Post-IPO Equity | Jan 30, 2023 |  |

4 of 4 investments shown.

## Co-investors
- Acintyo Investment — VC Fund, 1 deal together
- Foresight Holdings — VC Fund, 1 deal together
- Incube — VC Fund, 1 deal together
- Madhu Silica — VC Fund, 1 deal together
- SageOne — VC Fund, 1 deal together
- Vikasa India EIF Fund — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [RA Capital Management](https://shizune.co/investors/profile/ra-capital-management) — VC Fund
- [KB Securities](https://shizune.co/investors/profile/kb-securities) — VC Fund
- [Frazier Healthcare Partners](https://shizune.co/investors/profile/frazier-healthcare-ventures) — VC Fund

## FAQ

### What does Bengal Finance & Investment invest in?

Bengal Finance & Investment invests primarily in Manufacturing, Industrial and Payments startups, most often at Post-IPO Equity and Private Equity stage. Most of the 4 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Bengal Finance & Investment last invest?

The most recent investment recorded for Bengal Finance & Investment closed in Feb 2026. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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