# Pankaj Makkar

> Pankaj Makkar is a Series B investor at Bertelsmann India Investments backing E-Commerce. See 26 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Bertelsmann India Investments](https://shizune.co/investors/profile/bii-fund)
- Location: Noida, India
- Total investments: 26
- Last investment: Mar 2026
- Lead investor: 62%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/pub/pankaj-makkar/3/684/658

Pankaj Makkar is a Series B investor at Bertelsmann India Investments in Noida focused on E-Commerce and Internet. Pankaj Makkar Managing Director / Head - Bertelsmann India Investments. He attended Harvard Business School.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 5 | 19% |
| Internet | 3 | 12% |
| Health Care | 2 | 8% |
| Hospitality | 2 | 8% |
| Delivery Service | 2 | 8% |

36 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 8 | 31% |
| Series C | 3 | 12% |
| Series D | 3 | 12% |
| Funding Round | 3 | 12% |
| Series E | 2 | 8% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 12 | 46% |
| United States | 1 | 4% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Rozana | Rozana connects consumers with a range of everyday products through an online ordering system and community-based distribution network. The platform enables users to purchase items such as groceries, packaged foods, household supplies, personal care products, footwear, electronics, and other daily essentials through a mobile application and onlineinterface. Rozana also supports a network of micro-entrepreneurs who assist customers in placing orders, promoting products, and facilitating last-mile delivery within their communities. The company integrates technology and data tools to manage product listings, demand patterns, and supply coordination between suppliers, producers, and local distribution partners. Its services also create a channel for farmers, manufacturers, and local vendors to offer goods directly to consumers through the platform. | $25M | Series B | Mar 06, 2026 |  |
| AgroStar | AgroStar is India’s foremost AgTech start-up working on the mission of #HelpingFarmersWin by providing a complete range of agri solutions at the fingertips of farmers. AgroStar’s tech platform provides a combination of agronomy advice coupled with service and agri input products that enable farmers to significantly improve their productivity andincome.We use an extensive amount of data, technology and agronomy knowledge to give the right solutions (advice+products) to Indian farmers.AgroStar currently operates in the states of Gujarat, Maharashtra, and Rajasthan and has over 5 Lakh farmers on its digital platform. Farmers in these states can avail agri solutions for their entire crop life-cycle with a simple “missed call” or through its Android app, which is amongst the highest rated farming focused apps in the country.Over the next 5 years, we plan to continue to provide incremental value to farmers in terms of wide range of inputs delivered at their doorsteps, world-class agronomy guidance and also access to market linkages and credit. | $30M | Venture - Series Unknown | Nov 20, 2025 |  |
| Tetr College of Business | Tetr College of Business is a global business school that provides a unique, hands-on educational experience by enabling students to learn business through actually building businesses across seven countries over seven semesters. | $18M | Seed | Nov 12, 2025 |  |
| CureBay | CureBay is a healthcare platform to connect patients in underserved markets to healthcare providers. | $21M | Series B | May 20, 2025 |  |
| AgroStar | AgroStar is India’s foremost AgTech start-up working on the mission of #HelpingFarmersWin by providing a complete range of agri solutions at the fingertips of farmers. AgroStar’s tech platform provides a combination of agronomy advice coupled with service and agri input products that enable farmers to significantly improve their productivity andincome.We use an extensive amount of data, technology and agronomy knowledge to give the right solutions (advice+products) to Indian farmers.AgroStar currently operates in the states of Gujarat, Maharashtra, and Rajasthan and has over 5 Lakh farmers on its digital platform. Farmers in these states can avail agri solutions for their entire crop life-cycle with a simple “missed call” or through its Android app, which is amongst the highest rated farming focused apps in the country.Over the next 5 years, we plan to continue to provide incremental value to farmers in terms of wide range of inputs delivered at their doorsteps, world-class agronomy guidance and also access to market linkages and credit. |  |  | Apr 08, 2025 |  |
| AgroStar | AgroStar is India’s foremost AgTech start-up working on the mission of #HelpingFarmersWin by providing a complete range of agri solutions at the fingertips of farmers. AgroStar’s tech platform provides a combination of agronomy advice coupled with service and agri input products that enable farmers to significantly improve their productivity andincome.We use an extensive amount of data, technology and agronomy knowledge to give the right solutions (advice+products) to Indian farmers.AgroStar currently operates in the states of Gujarat, Maharashtra, and Rajasthan and has over 5 Lakh farmers on its digital platform. Farmers in these states can avail agri solutions for their entire crop life-cycle with a simple “missed call” or through its Android app, which is amongst the highest rated farming focused apps in the country.Over the next 5 years, we plan to continue to provide incremental value to farmers in terms of wide range of inputs delivered at their doorsteps, world-class agronomy guidance and also access to market linkages and credit. | $6.7M | Series E | Apr 08, 2025 |  |
| Univest | Solving the problems of community based investments globally | $10M | Series A | Dec 23, 2024 |  |
| Orange Health Labs | Orange Health is a health tech startup that allows doctors to deliver diagnostic lab services to patients remotely. Its vision is to make healthcare seamless for consumers in their homes by enabling doctors to treat their patients in real time. | $12M |  | Dec 06, 2024 |  |
| Nat Habit | Nat Habit is a beauty and wellness brand that offers natural skincare products. It uses chemical and preservative-free rich in grains, grams, nuts, milk, yogurt, herbs, and flowers that help customers purchase the necessary nutrients to keep their minds and bodies fresh and healthy. | $10.2M | Series B | Dec 12, 2023 |  |
| Awign | Awign is a work fulfillment platform specializing in gig workforce and provider of last-mile delivery services. It operates in sectors of education-technology, hospitality, e-commerce, mobility, information technology, and financial technology.The startup also fulfills on-the-ground work such as auditing, diligence, assessments, proctoring, newbusiness development, and digital gigs for clients, including Swiggy, ITC, Bigbasket, Britannia, and Aditya Birla Capital, among others. Awign also provides work opportunities to college students, graduates, and women wanting to come back to work, and is solving unemployment, under-employment, and skilling problems.IIT-alumni Annanya Sarthak, Gurpreet Singh, and Praveen Sah founded Awign in Bangalore, Karnataka, India in 2016. | $15M | Series B | Aug 25, 2022 |  |

10 of 26 investments shown.

## Co-investors
- [Accel](https://shizune.co/investors/profile/accel) — VC Fund, 5 deals together
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund, 4 deals together
- [India Quotient](https://shizune.co/investors/profile/india-quotient) — VC Fund, 4 deals together
- [Z47](https://shizune.co/investors/profile/matrix-partners-india) — VC Fund, 4 deals together
- [Mayfield Fund](https://shizune.co/investors/profile/mayfield-fund) — VC Fund, 4 deals together
- [Elevation Capital](https://shizune.co/investors/profile/elevation-capital-6e8a) — VC Fund, 3 deals together

## About Bertelsmann India Investments

VC Fund · Abcoude, The Netherlands

Bertelsmann India Investments is an investment firm that invests in companies in the digital, education, media, and services sectors. The firm also focuses on early-stage, as well as growth-stage investments. It was founded in 2015 and is headquartered in Abcoude, Utrecht.

5 contacts available at Bertelsmann India Investments.

| Name | Title | Profile |
| --- | --- | --- |
| Liza Baweja | Office Manager | https://shizune.co/investors/profile/liza-baweja |
| Pankaj Makkar | Managing Director | https://shizune.co/investors/profile/pankaj-makkar |
| Rohit Sood | Founding Member | https://shizune.co/investors/profile/rohit-sood |
| Swati Murarka | Principal | https://shizune.co/investors/profile/swati-murarka-241d |
| Yogeshwari Chawla | Executive Assistant | https://shizune.co/investors/profile/yogeshwari-chawla |

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## FAQ

### What does Pankaj Makkar invest in?

Pankaj Makkar invests primarily in E-Commerce, Internet and Health Care startups, most often at Series B and Series C stage. Most of the 26 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Pankaj Makkar last invest?

The most recent investment recorded for Pankaj Makkar closed in Mar 2026. Shizune tracks 26 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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