# DeVC India

> DeVC India is a VC fund in Bangalore backing Software, Machine Learning and Financial Services. See 18 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Bangalore, India
- Total investments: 18
- Last investment: May 2024
- Lead investor: 6%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/devc-india
- Website: http://www.devc.com

DeVC India is an investment firm.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 6 | 33% |
| Machine Learning | 2 | 11% |
| Financial Services | 2 | 11% |
| Artificial Intelligence | 2 | 11% |
| Web3 | 1 | 6% |

34 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 13 | 72% |
| Pre-Seed | 4 | 22% |
| Series A | 1 | 6% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 12 | 67% |
| United States | 5 | 28% |
| Singapore | 1 | 6% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Kintsugi AI | Automating sales tax for businesses globally | $6M | Series A | May 29, 2024 |  |
| Highperformr AI | Highperformr.ai is a promotional SaaS platform that provides content for Twitter and LinkedIn. | $3.5M | Seed | May 14, 2024 |  |
| StepSecurity | StepSecurity provides a comprehensive security platform for GitHub Actions. If you are using GitHub Actions for CI/CD and are worried about the security of CI/CD pipelines, StepSecurity platform is for you. Over 3000 open-source projects, including those from Cybersecurity and Infrastructure Security Agency (CISA), Google, Microsoft,Datadog, Kubernetes, Node, and Ruby, use StepSecurity to harden their CI/CD pipelines. Our enterprise tier is currently deployed at customers in the crypto, healthcare, and cybersecurity industries. | $3M | Seed | May 01, 2024 |  |
| PineGap | PineGap is an AI-powered equity research platform for Wall Street. | $2.5M | Seed | Apr 15, 2024 |  |
| RapidClaims | RapidClaims is redesigning the healthcare billing stack | $3.1M | Seed | Feb 15, 2024 |  |
| TurboML | TurboML is a real-time machine learning platform that provides complete production ML lifecycle to optimize productivity, ROI, and revenue. |  | Seed | Jan 01, 2024 |  |
| Depo 24 | Depo 24 is an online platform for interior designers, architects, technicians, homeowners to purchase home building materials. |  | Seed | Jan 01, 2024 |  |
| Terra | Terra offers delight Gen Alpha with fun games, digital products, fostering creativity and cognitive growth with artificial intelligence. |  | Seed | Jan 01, 2024 |  |
| ofScale | ofScale operates as a distribution-as-a-service platform. | $372.2K | Pre-Seed | Dec 13, 2023 |  |
| Intract | Intract is the owner and operator of a web3 platform for marketing services. Customer relationship management, growth hacking, and token gating are among the marketing services provided by the organization. Its platform analyzes real users and performs high-ROI marketing campaigns to recruit more like them, allowing firms to sell themselves andattract more customers using blockchain technology. | $3M | Seed | Dec 13, 2023 |  |

10 of 18 investments shown.

## Co-investors
- [DeVC](https://shizune.co/investors/profile/devc) — VC Fund, 18 deals together
- [peercheque](https://shizune.co/investors/profile/peercheque) — VC Fund, 3 deals together
- [Shastra VC](https://shizune.co/investors/profile/veda-venture-capital) — VC Fund, 3 deals together
- [Afore Capital](https://shizune.co/investors/profile/afore-capital) — VC Fund, 2 deals together
- [Better Capital](https://shizune.co/investors/profile/better-capital-e839) — VC Fund, 2 deals together
- [Neon Fund](https://shizune.co/investors/profile/neon-fund) — VC Fund, 2 deals together

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## FAQ

### What does DeVC India invest in?

DeVC India invests primarily in Software, Machine Learning and Financial Services startups, most often at Seed and Pre-Seed stage. Most of the 18 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did DeVC India last invest?

The most recent investment recorded for DeVC India closed in May 2024. Shizune tracks 18 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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