# Powai Lake Ventures

> Powai Lake Ventures is a VC fund in Mumbai backing SaaS, E-Commerce and Food and Beverage. See 10 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 10
- Last investment: Feb 2016
- Lead investor: 10%
- Last updated: Sep 2026
- X (Twitter): https://twitter.com/powailv
- Website: http://powailakeventures.com
- Facebook: http://www.facebook.com/Chaayos

Powai Lake Ventures is a VC fund in Mumbai focused on SaaS and E-Commerce. They are a bunch of people who love the Powai Lake in Bombay. Some of us live on the southern bank of the lake and enjoy the view from their apartments every day. Many of us just hang around in the cafes around the lake, sipping a cold beer while soaking in the warm breeze.They love to meet founders who build companies from their hostel roomson the northern bank of the lake. When they like them, they fund them. That makes us the funders.They are founders too. And they have had their share of years in the hostel rooms on the northern bank.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 2 | 20% |
| E-Commerce | 2 | 20% |
| Food and Beverage | 2 | 20% |
| Apps | 1 | 10% |
| Events | 1 | 10% |

23 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 40% |
| Angel | 4 | 40% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 7 | 70% |
| United States | 1 | 10% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| TableHero | Reimagining the technology stack for small local businesses by building an intelligent small business OS. The OS includes a suite of products that will vastly simplify website and digital presence management; reservations, bookings and appointments; and payments and customer loyalty. | $1M | Seed | Feb 16, 2016 | http://tablehero.com |
| Bite Club | Bite Club is a Gurgaon-headquartered food ordering start-up. Bite Club enables users to order meal from a dynamic changing menu through its Android app. The food is prepared by aggregated people like home chefs, amateur chefs, and professional chefs. Bite Club was founded on 2014 and is headquartered in Gurgaon, India. |  | Seed | Dec 01, 2015 | http://www.biteclub.in |
| Eatlo | Eatlo is a Bangalore-based food-tech startup company. The app has a simplistic interface where users can order within a matter of seconds and get food delivered in the next 20 minutes. The food choices include homemade healthy food or something different in which delectable cuisines are served. Prices range from INR 100-150 thus not burning holesin the pocket for ordering food which is usually the case. |  | Angel | Jul 07, 2015 | http://eatloapp.com/ |
| Stitchwood | Stitchwood is an online customized furniture store that empowers you to design and create furniture that fits your requirement. Stitchwood not only offers an easy-to-use online customization interface but it also allows you to visualize your creation to the finest detail. What's more, we bring to you beautiful, unique and personalizedfurniture at affordable prices in an easy and hassle-free way. Stitchwood was founded by Ajit Shegaonkar and Vikas Nair. | $394K | Angel | Jul 04, 2015 | https://www.stitchwood.com/ |
| DoorMint | Doormint's key differentiation of a branded service nature that takes full responsibility for service delivery and customer satisfaction along with convenient and superior product offerings such as one-touch home services to eliminate calling, upfront pricing and post service warranty, are pegged to make it the market leader," said RiteshBanglani, partner at Helion Ventures. |  | Seed | Apr 17, 2015 | http://doormint.in/ |
| Bite Club | Bite Club is a Gurgaon-headquartered food ordering start-up. Bite Club enables users to order meal from a dynamic changing menu through its Android app. The food is prepared by aggregated people like home chefs, amateur chefs, and professional chefs. Bite Club was founded on 2014 and is headquartered in Gurgaon, India. | $500K | Seed | Mar 09, 2015 | http://www.biteclub.in |
| Eatlo | Eatlo is a Bangalore-based food-tech startup company. The app has a simplistic interface where users can order within a matter of seconds and get food delivered in the next 20 minutes. The food choices include homemade healthy food or something different in which delectable cuisines are served. Prices range from INR 100-150 thus not burning holesin the pocket for ordering food which is usually the case. | $158.3K | Angel | Jan 01, 2015 | http://eatloapp.com/ |
| NexGear | NexGear is a Mumbai-based startup that develops wearable technology devices. Its primary product, Frodo, is an intelligent adventure camera that uses artificial intelligence and algorithms to edit hours of adventure footages into ready-to-share videos instantly.NexGear’s core objective is to develop, brand, and market wearable devices withconnected applications. The company was founded in 2014 by Amardeep Singh and Rahul Vats. |  | Angel | Jan 01, 2015 | http://www.nexgear.co/ |
| Fynd | Fynd is a leading frontier retail technology company redefining how brands connect with consumers in an increasingly digital and AI-driven world. Founded in 2012 and now backed by Reliance, Fynd has evolved from an omnichannel commerce platform into a full-stack, AI-native operating system for commerce, supply chain, manufacturing, retailexperiences, and media.Built on the belief that commerce is fundamentally about meaningful human connections, Fynd empowers over 2,600+ brands and retailers with a unified platform that seamlessly integrates online and offline operations into a single intelligent ecosystem. From e-commerce storefronts and marketplace integrations to in-store systems, logistics orchestration, warehouse management, and AI-powered automation, Fynd enables businesses to operate in real time, at scale, and with greater efficiency. At the heart of Fynd is a simple philosophy: technology should not add complexity, it should remove it. Businesses today operate across fragmented systems, disconnected workflows, and rapidly evolving customer expectations. Fynd addresses this by bringing every layer of commerce - discovery, engagement, fulfillment, supply chain, manufacturing, and customer retention - onto one integrated platform powered by AI. The result is a connected commerce ecosystem where workflows become more automated, operations become more intelligent, and customer experiences become increasingly personalized.Fynd’s capabilities extend far beyond traditional retail software. The Company has built a growing portfolio of AI-native products across conversational commerce, automation, image intelligence, immersive AR/VR experiences, logistics, manufacturing systems, and marketing infrastructure. This enables businesses not only to sell products, but to design them faster, create content at scale, orchestrate fulfillment intelligently, and engage customers across every touchpoint. Today, Fynd powers millions of shopper interactions every day across digital and physical channels, helping enterprises transform from fragmented operations into connected, data-driven businesses. Its platform processes hundreds of millions of orders annually while supporting some of the world’s leading brands across fashion, beauty, electronics, grocery, luxury, and quick commerce.Today, Fynd is evolving beyond a unified commerce platform into an AI-native operating system for businesses - one that doesn't just support commerce, but runs it |  | Seed | Sep 12, 2013 | https://www.fynd.com |
| Tushky | Tushky is a marketplace for real-world leisure activities in India. Think of discovering and booking unique activities like fencing, archery, grilling, quilling etc from credible local people via Tushky.Tushky was launched back in september 2011 and was one of the first companies across the world to bring the concept of sharing economy to localactivities.Local activities is the third largest vertical in the travel/leisure sector and is badly fragmented. It is almost double the size of cab rentals, which is fourth largest sector.With 1300 bookable activities on their platform, Tushky is currently the biggest in India. Their web platform is one of the most advanced in the world, for its ability to store, serve and distribute activities in bookable format, right down to the date, time and paid exclusions. No one else is capable of doing the same. | $25K | Angel | Sep 15, 2012 | http://Tushky.com |

10 of 10 investments shown.

## Co-investors
- [growX ventures](https://shizune.co/investors/profile/growx-venture-management) — VC Fund, 4 deals together
- [Globevestor](https://shizune.co/investors/profile/globevestor) — VC Fund, 3 deals together
- [500 Global](https://shizune.co/investors/profile/500-startups-da1d) — VC Fund, 1 deal together
- [GSF](https://shizune.co/investors/profile/gsf) — VC Fund, 1 deal together
- [Kae Capital](https://shizune.co/investors/profile/kae-capital) — VC Fund, 1 deal together
- Phoenix Fund — VC Fund, 1 deal together

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- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Powai Lake Ventures invest in?

Powai Lake Ventures invests primarily in SaaS, E-Commerce and Food and Beverage startups, most often at Seed and Angel stage. Most of the 10 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Powai Lake Ventures last invest?

The most recent investment recorded for Powai Lake Ventures closed in Feb 2016. Shizune tracks 10 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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