# ICE.vc

> ICE.vc is a VC fund in Mumbai backing Food and Beverage and Wellness. See 34 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 34
- Last investment: Jul 2025
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/ice-vc
- Website: https://ice.vc

ICE.vc is a VC fund in Mumbai focused on Food and Beverage and Wellness. ICE.vc specializes in providing startup advisory and fundraise to growth hacking services.

## Contacts

5 contacts available for ICE.vc. Shizune tracks 1 team members at ICE.vc. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ice-vc?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $214k–$3M |
| Series A | $3.5M–$9M |
| Venture - Series Unknown | $1M–$6.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Food and Beverage | 4 | 12% |
| Wellness | 2 | 6% |
| Health Care | 2 | 6% |
| Tea | 1 | 3% |
| Men's | 1 | 3% |

20 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 6% |
| Series A | 2 | 6% |
| Venture - Series Unknown | 2 | 6% |
| Pre-Seed | 1 | 3% |
| Series H | 1 | 3% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 6 | 18% |
| United States | 1 | 3% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alay Jhaveri | Founding Partner | 0 | https://shizune.co/investors/profile/alay-jhaveri |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Lo! Foods | India is the diabetes and heart attack capital of the world. Scientific research today concludes that all the above are primarily lifestyle-based diseases - in effect, they are caused due to our diet and habits. Latest research points to a diet high in Carbohydrates being a potential reason for these. | $3.5M | Series A | Jul 17, 2025 |  |
| The Hosteller | The Hosteller creates happy memories for our travellers in 18+ different locations and continue to expand with gusto. | $3.8M | Series A | Nov 07, 2024 |  |
| Dorje Teas | Dorje Teas is subscription based online tea store facilitating organic flavored tea sale directly by producers to customers. | $214K | Seed | Oct 12, 2024 |  |
| GameEon Studios | GameEon Studios is a creative game development and publishing company that specializes in creating games for an exciting and meaningful experience. | $1M | Venture - Series Unknown | Sep 12, 2024 |  |
| Kakcho | Kakcho is a multi-product social networking firm that aims to inspire people to build connections while also creating opportunities. |  | Venture - Series Unknown | Jan 01, 2024 |  |
| TABP Snacks and Beverages | TABP Snacks and Beverages, manufacturers of snacks, healthy breakfast cereals, millets, and juices, was founded on a simple philosophy of providing nutritionally dense food and beverages at prices that are affordable to people from all socioeconomic backgrounds. |  | Venture - Series Unknown | Jan 01, 2024 |  |
| Done Deal | Done Deal believes that those that choose the rigorous path of becoming a founder should be rewarded. | $800K | Pre-Seed | Oct 17, 2023 |  |
| Cusmat | Cusmat enable organisations to assess, train, upskill, plan learning tracks for employees by using AR/VR cloud learning management systems. | $3.5M | Series A | Feb 07, 2023 |  |
| BabyG | BabyG is a baby development app with personalized activities, milestone tracking, and expert guidance for early growth |  | Venture - Series Unknown | Jan 01, 2023 |  |
| Sequin | Sequin is building a suite of credit products for women, starting with a debit card that builds credit. |  | Venture - Series Unknown | Jan 01, 2023 |  |

10 of 34 investments shown.

## Co-investors
- [AngelList India](https://shizune.co/investors/profile/angellist-india) — VC Fund, 3 deals together
- [Mumbai Angels](https://shizune.co/investors/profile/mumbai-angels) — VC Fund, 3 deals together
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund, 3 deals together
- [Gruhas](https://shizune.co/investors/profile/gruhas-proptech) — VC Fund, 2 deals together
- [Nexus Venture Partners](https://shizune.co/investors/profile/nexus-venture-partners) — VC Fund, 2 deals together
- [Orbit Ventures](https://shizune.co/investors/profile/orbit-ventures) — VC Fund, 2 deals together

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## Featured in investor lists
- [Biotechnology VC Funds in India](https://shizune.co/investors/biotechnology-vc-funds-india)

## FAQ

### What does ICE.vc invest in?

ICE.vc invests primarily in Food and Beverage, Wellness and Health Care startups, most often at Seed and Series A stage. Most of the 34 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is ICE.vc's check size?

ICE.vc typically joins rounds of $214k–$3M at Seed, $3.5M–$9M at Series A and $1M–$6.5M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds ICE.vc participates in.

### How do I contact ICE.vc?

Public channels for ICE.vc 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 ICE.vc?

The team at ICE.vc includes Alay Jhaveri (Founding 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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