# N+1 Capital

> N+1 Capital is a VC fund in Delhi backing E-Commerce and Software. See 17 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Delhi, India
- Total investments: 17
- Last investment: Jul 2024
- Lead investor: 47%
- Last fund: Jun 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/np1capital/
- Website: https://www.np1.in/

N+1 Capital is a Revenue-based growth capital firm.

## Contacts

5 contacts available for N+1 Capital. Shizune tracks 3 team members at N+1 Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/n-1-capital?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 3 | 18% |
| Software | 2 | 12% |
| Health Care | 2 | 12% |
| Manufacturing | 2 | 12% |
| Food and Beverage | 2 | 12% |

26 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 6 | 35% |
| Seed | 3 | 18% |
| Venture - Series Unknown | 3 | 18% |
| Series A | 1 | 6% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 11 | 65% |
| United States | 1 | 6% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ajay Kumar | CFO | 0 | https://shizune.co/investors/profile/ajay-kumar-4f33 |
| Ashish Singla | Co-Founder and Managing Partner | 5 | https://shizune.co/investors/profile/ashish-singla-1764 |
| Rahul Chowdhury | Co-Founder and Managing Partner | 4 | https://shizune.co/investors/profile/rahul-chowdhury-0bec |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Perpetuity Capital | Perpetuity Capital is a financial technology (FinTech) company offering customized lending solutions for Commercial vehicles, Personal vehicles, and Two-Wheeler loans. | $837.4K | Debt Financing | Jul 15, 2024 |  |
| MoEVing | MoEVing is an EV logistics-tech company which provides full-stack technology solutions including delivery, charging, financing and analytics solutions. | $5M | Seed | May 11, 2022 |  |
| Provet Pharma | Provet Pharma Private Limited is a company that focuses on providing solutions for animal healthcare. The company is known for its innovative approach to animal health, offering a range of products and services designed to optimize the growth and wellbeing of animals. These include products that help in the maximum growth of animals, optimize milkproduction, and improve hematocrit value in weak and debilitated animals. They also offer products that aid in skin health. In addition, Provet Pharma Private Limited also provides solutions for the improvement of egg and feather quality in poultry. The company is also involved in the production of antiparasitic agents derived from the avermectins, a family of potent, broad-spectrum antiparasitic agents isolated from fermentation. |  | Venture - Series Unknown | Mar 21, 2022 |  |
| RED.Health | Stanplus Provides 24/7 emergency and medical transportation support.Their fleet 180+ Ambulances can support patients in 15 minutes across Hydrabad, eqquiped with ALS, BLS, Cardiac and Paitent transport Ambulance. |  | Debt Financing | Jan 24, 2022 |  |
| Mivi | Mivi is an electronic accessories startup founded by two engineers. For inquiries, telephone and contact numbers are used. |  | Debt Financing | Jan 18, 2022 |  |
| Kouzina FoodTech | Kouzina Food Tech is a technology-driven chain of virtual restaurants. Kouzina creates delicious food experiences for consumers through its delivery led food brands from a network of hyperlocal cloud kitchens. It is present in multiple cities including Bangalore, Hyderabad, Pune, Mangalore with company owned and franchise run kitchens. The keybrands are WarmOven, Kaatizone and Indiana Burgers. |  | Venture - Series Unknown | Jan 01, 2022 |  |
| Clensta | Clensta is a biotechnology start-up to improve the National Hygiene condition whilst addressing the aspect of water conservation. Clensta is an Indian startup and in association with IIT Delhi, works to create innovative healthcare solutions to make hygiene accessible for anyone, anytime, and anywhere. Driven by their aim to create products thatpromote complete cleaning solutions without water. | $2.6M | Series A | Dec 09, 2021 |  |
| Clensta | Clensta is a biotechnology start-up to improve the National Hygiene condition whilst addressing the aspect of water conservation. Clensta is an Indian startup and in association with IIT Delhi, works to create innovative healthcare solutions to make hygiene accessible for anyone, anytime, and anywhere. Driven by their aim to create products thatpromote complete cleaning solutions without water. | $2.6M | Series A | Dec 09, 2021 |  |
| EyeMyEye | EyeMyEye is a full-stack eyewear platform that manufactures and provides a range of eyewear products from in-house collections and international brands. It provides customers with a variety of personalized eyeglasses, sunglasses, and other eyewear-related products. It also caters to youngsters with its stylish range of kids' eyeglasses,sunglasses, contact lenses, computer glasses, and reading glasses. | $2.8M | Seed | Nov 15, 2021 |  |
| Xoxoday | Xoxoday offers a suite of products that empower organisations to drive growth through meaningful rewards, recognition, loyalty, and engagement programs. Our suite includes five core products: Plum, a rewards and incentives platform with a global redemption marketplace; Empuls, an employee engagement and recognition tool; Loyalife, a platform forrunning customer loyalty programs; Compass, a sales commission and incentive automation system; and Loopr, a solution for managing and distributing merchant offers.We work with over 5,000 businesses worldwide ranging from fast-growing startups to Fortune 500 companies like Freshworks, Grammarly, and H&M. Our products are used by teams in HR, sales, marketing, product, customer experience, and partnerships to drive measurable outcomes: improving engagement, increasing conversion rates, reducing customer acquisition costs, and lowering employee attrition.The platform supports 10 million+ reward options across 175 countries and 30+ categories. We support 50+ languages, 55+ currencies, and integrate with over 100 popular business tools such as Slack, Teams, HubSpot, Workday, and SAP. Rewards include digital gift cards, merchandise, travel, experiences, and charitable donations. We offer global support, enterprise-grade security, and a flexible pricing structure to fit different needs. Headquartered across 12 global offices, including the US, Xoxoday is committed to helping companies create lasting emotional connections with their employees, customers, partners, and merchants. |  | Seed | Jun 05, 2021 |  |

10 of 17 investments shown.

## Co-investors
- [Venture Catalysts](https://shizune.co/investors/profile/venturecatalysts) — VC Fund, 4 deals together
- [HEM ANGELS](https://shizune.co/investors/profile/hem-angels) — VC Fund, 2 deals together
- [Inflection Point Ventures](https://shizune.co/investors/profile/inflection-point-ventures-d275) — VC Fund, 2 deals together
- [We Founder Circle](https://shizune.co/investors/profile/we-founder-circle) — VC Fund, 2 deals together
- [BeyondTeq Venture Capital](https://shizune.co/investors/profile/beyondteq-venture-capital) — VC Fund, 1 deal together
- [Cooperation Council](https://shizune.co/investors/profile/cooperation-council-for-the-arab-states-of-the-gulf) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [ARCH Venture Partners](https://shizune.co/investors/profile/arch-venture-partners) — VC Fund
- [OrbiMed](https://shizune.co/investors/profile/orbimed-advisors) — VC Fund

### Similar stage
- [ENISA](https://shizune.co/investors/profile/enisa-2) — VC Fund
- [Development Bank of Wales](https://shizune.co/investors/profile/development-bank-of-wales) — VC Fund
- [The FSE Group](https://shizune.co/investors/profile/finance-south-east) — VC Fund

### Similar country
- [Titan Capital](https://shizune.co/investors/profile/titan-capital) — VC Fund
- [Inflection Point Ventures](https://shizune.co/investors/profile/inflection-point-ventures-d275) — VC Fund
- [Blume Ventures](https://shizune.co/investors/profile/blume-ventures) — VC Fund

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

## FAQ

### What does N+1 Capital invest in?

N+1 Capital invests primarily in E-Commerce, Software and Health Care startups, most often at Debt Financing and Seed stage. Most of the 17 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact N+1 Capital?

Public channels for N+1 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 N+1 Capital?

The team at N+1 Capital includes Ajay Kumar (CFO), Ashish Singla (Co-Founder and Managing Partner) and Rahul Chowdhury (Co-Founder and Managing 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co