3
Total investments
0
Early stage
1
Mid stage
0
Late stage
3y
Years active
Portfolio
3 investments · sorted by recency
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Late stage
Investor
Jan 2026
We, at SHOWROOM B2B, are building the largest “Phygital” platform for India’s $108 Bn fashion industry by connecting Tier 2+ clothing retailers directly with small to mid-scale apparel manufacturers and providing all parties with solutions for distribution, credit, logistics, and marketing
SHOWROOM’s offerings come into play where retailers grapple with a limited assortment of goods, poor availability, opaque pricing, spurious product quality, and the high cost of working capital.
We work on “Touch & Feel” mode of selling where our unique distribution model ensures that there is NO RETURN of products sold.
Seed Investor
Oct 2024
AGNIT Semiconductors Private Limited is India’s one and only provider of Gallium Nitride (or GaN for short) solutions for RF electronics and Power Electronics. We are an integrated device manufacturer who can provide GaN wafers and devices for both wireless communication applications - such as for civilian 5G, connectivity for large industrial installations, remote connectivity from space, rural connectivity and drones – and power electronics application such as in electric vehicles and data centre, telecom power supplies. AGNIT is a spin-off from the Indian Institute of Science (IISc), Bangalore and has differentiated IP across the GaN materials, processes and devices developed over 15 years of R&D at IISc. Our founding team has >100 years of aggregate experience across the semiconductor value chain – from materials-to-processes-to-devices-to-systems.
Investor and Board Observer
Oct 2023
BatX Energies, established in 2020 by Utkarsh Singh and Vikrant Singh, is redefining lithium-ion battery recycling in India. With a mission to create a circular battery supply chain, BatX utilizes its proprietary "Zero Waste-Zero Emission" technology to recover critical metals such as lithium, cobalt, and nickel from end-of-life batteries. These materials, with over 99.5% purity, are supplied to industries like battery cell manufacturing, renewable energy storage, and pharmaceuticals, reducing India’s reliance on imported raw materials and mitigating environmental hazards associated with mining.
BatX operates advanced facilities, including an IoT-enabled automated recycling unit and a hydrometallurgy plant capable of processing 5100 MT of batteries annually. The company also focuses on second-life applications for partially used batteries, extending their utility for renewable energy storage in wind and solar power plants.
Recognized globally for its innovation, BatX has received accolades such as Forbes 30 Under 30 Asia 2023, Forbes DGems 2023, BW Recycling World Award 2024, recognition from the India Business Leader Awards (IBLA) 2024 and Indo-Pacific Economic Forum Top 100 Cleantech Startup 2024.
The company has received strong institutional support to scale its operations. The Ministry of Heavy Industries (MHI) awarded BatX a grant for advancements in lithium extraction technology. BatX is also backed by the EXIM Bank of India to expand its hydrometallurgy operations, solidifying circular supply chain.
Looking to the future, BatX is pioneering its pCAM (Precursor Cathode Active Material) technology to manufacture cathode materials. This innovative approach integrates recycling and manufacturing into a closed-loop system, reducing environmental impact. With a vision aligned with the UN’s 17 SDGs and India’s Net-Zero by 2070 goals, BatX is poised to lead the global energy transition, driving sustainability and redefining the future of battery production.
Experience · 4 entries
All (4)
Investments (3)
Board (1)
2026
Investor
Jan 2026
We, at SHOWROOM B2B, are building the largest “Phygital” platform for India’s $108 Bn fashion industry by connecting Tier 2+ clothing retailers directly with small to mid-scale apparel manufacturers and providing all parties with solutions for distribution, credit, logistics, and marketing
SHOWROOM’s offerings come into play where retailers grapple with a limited assortment of goods, poor availability, opaque pricing, spurious product quality, and the high cost of working capital.
We work on “Touch & Feel” mode of selling where our unique distribution model ensures that there is NO RETURN of products sold.
2024
Seed Investor
Oct 2024
AGNIT Semiconductors Private Limited is India’s one and only provider of Gallium Nitride (or GaN for short) solutions for RF electronics and Power Electronics. We are an integrated device manufacturer who can provide GaN wafers and devices for both wireless communication applications - such as for civilian 5G, connectivity for large industrial installations, remote connectivity from space, rural connectivity and drones – and power electronics application such as in electric vehicles and data centre, telecom power supplies. AGNIT is a spin-off from the Indian Institute of Science (IISc), Bangalore and has differentiated IP across the GaN materials, processes and devices developed over 15 years of R&D at IISc. Our founding team has >100 years of aggregate experience across the semiconductor value chain – from materials-to-processes-to-devices-to-systems.
Investment Associate
Mar 2024
Zephyr Management, L.P. is a global emerging markets investment manager.
Founded in 1994, the firm specializes in the creation and management of highly focused and value added private equity investment funds. Each Zephyr fund has a discrete management team which has skills matched to the particular investment opportunity.
2023
Investor and Board Observer
Oct 2023
BatX Energies, established in 2020 by Utkarsh Singh and Vikrant Singh, is redefining lithium-ion battery recycling in India. With a mission to create a circular battery supply chain, BatX utilizes its proprietary "Zero Waste-Zero Emission" technology to recover critical metals such as lithium, cobalt, and nickel from end-of-life batteries. These materials, with over 99.5% purity, are supplied to industries like battery cell manufacturing, renewable energy storage, and pharmaceuticals, reducing India’s reliance on imported raw materials and mitigating environmental hazards associated with mining.
BatX operates advanced facilities, including an IoT-enabled automated recycling unit and a hydrometallurgy plant capable of processing 5100 MT of batteries annually. The company also focuses on second-life applications for partially used batteries, extending their utility for renewable energy storage in wind and solar power plants.
Recognized globally for its innovation, BatX has received accolades such as Forbes 30 Under 30 Asia 2023, Forbes DGems 2023, BW Recycling World Award 2024, recognition from the India Business Leader Awards (IBLA) 2024 and Indo-Pacific Economic Forum Top 100 Cleantech Startup 2024.
The company has received strong institutional support to scale its operations. The Ministry of Heavy Industries (MHI) awarded BatX a grant for advancements in lithium extraction technology. BatX is also backed by the EXIM Bank of India to expand its hydrometallurgy operations, solidifying circular supply chain.
Looking to the future, BatX is pioneering its pCAM (Precursor Cathode Active Material) technology to manufacture cathode materials. This innovative approach integrates recycling and manufacturing into a closed-loop system, reducing environmental impact. With a vision aligned with the UN’s 17 SDGs and India’s Net-Zero by 2070 goals, BatX is poised to lead the global energy transition, driving sustainability and redefining the future of battery production.
Investment activity
2023–2026 · 3 investments
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