# Utsav Somani Investments

> Utsav Somani Investments is a VC fund in Delhi backing E-Commerce, Fashion and FinTech. See 7 investments, round sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Delhi, India
- Total investments: 7
- Last investment: Nov 2023
- Lead investor: 0%
- Last updated: Aug 2026
- Website: https://www.utsavsomani.com

Utsav Somani Investments is a family office investment firm.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 3 | 43% |
| Fashion | 2 | 29% |
| FinTech | 2 | 29% |
| SaaS | 1 | 14% |
| Video | 1 | 14% |

20 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 43% |
| Series A | 2 | 29% |
| Series C | 1 | 14% |
| Series D | 1 | 14% |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Purple Style Labs | Purple Style Labs is an IIT-Bombay graduate and ex-banker with Deutsche. It aspires to be the biggest fashion house of India managing multiple designer brands in the premium, luxury as well as affordable retail segment. | $8M | Series D | Nov 20, 2023 |  |
| RapidBox | Rapidbox is ecommerce website for footwear and fashion accessories | $4.5M | Series A | Nov 24, 2022 |  |
| M2P Fintech | M2P Fintech specializes in building financial infrastructure and offers a wide range of solutions across payments, lending, and banking. | $4M | Series C | Sep 26, 2022 |  |
| Arata | Arata creates high-performance hair care products that are backed by plant-powered science and infused with clinically proven technology. Its product is vegan and cruelty-free, free of SLS and parabens, sustainable, and suitable for all humans.The company was founded in 2017 by Dhruv Madhok and Dhruv Bhasin and is headquartered in New Delhi,India. | $35M | Seed | May 11, 2022 |  |
| iSeed | iSeed is India's first micro-fund backed by top global founders and investors. |  | Seed | May 02, 2020 |  |
| Repute Network | Repute is a Bangalore-based company that facilitates trust-free collaboration among diverse stakeholders and empowers them to exchange permissible information & insights and conduct transactions seamlessly and securely through its blockchain-based Open Network. As a company, we are on a mission to create an ecosystem where collaboration andexchange happen without the necessity to rely on trust. One of the core solutions of Repute is the Repute Talent Network which also happens to be the first blockchain-based Open Talent Network in India. The network has partners like HRMS, HR professionals from multiple organizations, businesses from rental, fintech, banks, lending, hospitals, hospitality industry, etc. who collaborate for enhanced talent management, superior employee experience, swifter KYC authentication, flawless customer management, automated disbursal of offers and loans and many more. Individuals can utilize the network to create a secure digital identity, manage KYC, share consent-based data with businesses and organizations, build a stellar reputation and get customized deals - all with no compromise on their data privacy.We started with a global vision backed by foreign VCs. Since our inception, we have successfully built a network of 3M+ individuals and 15K+ businesses. That said, Repute Network is growing at an exponential rate. Our next milestone is to make our network accessible to 10M+ individuals in the coming 3-4 months. Our primary focus is to create a strong network in India and reach critical masses before expanding globally. | $21K | Seed | Jan 01, 2020 |  |
| Mall91 | Started in 2018 by Nitin Raj Gupta and Shubham Paramhans, Mall91 is a vernacular social commerce platform which combines live videos-based shopping, local language voice recognition-based catalogue, Whatsapp-like chat-based checkouts. The company claims that it has already reached to 2,000 Tier 2, Tier 3 and Tier 4 towns and villages of India byenabling their life's first ecommerce transaction. | $7.5M | Series A | Oct 14, 2019 |  |

7 of 7 investments shown.

## Co-investors
- [3one4 Capital](https://shizune.co/investors/profile/3one4) — VC Fund, 1 deal together
- [Adept Ventures](https://shizune.co/investors/profile/adept-ventures) — VC Fund, 1 deal together
- [AngelList](https://shizune.co/investors/profile/angellist) — VC Fund, 1 deal together
- [BEENEXT](https://shizune.co/investors/profile/bee-next) — VC Fund, 1 deal together
- [Bossa Invest](https://shizune.co/investors/profile/bossanova-investimentos) — VC Fund, 1 deal together
- [DMI Alternative Investment Fund](https://shizune.co/investors/profile/dmi-alternative-investment-fund) — VC Fund, 1 deal together

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## FAQ

### What does Utsav Somani Investments invest in?

Utsav Somani Investments invests primarily in E-Commerce, Fashion and FinTech startups, most often at Seed and Series A stage. Most of the 7 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Utsav Somani Investments last invest?

The most recent investment recorded for Utsav Somani Investments closed in Nov 2023. Shizune tracks 7 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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