Where is SINE's headquarters located?

SINE's headquarters is located in Mumbai (India).

How big is SINE's investment team?

SINE has a team of 46, including 8 partners.

How many companies has SINE invested in?

SINE has invested in 233 companies, including Atomberg & Seclore.

Which companies has SINE invested in lately?

BAAS Technologies & MatterWave are the latest investments by SINE.

How many exits has SINE been involved in?

SINE's portfolio has seen 2 IPOs and 4 acquisitions.

SINE - 2026 Investor Profile, Portfolio, Team & Investment Trends

SINE, an accelerator and incubator program founded in 2004, is based in Mumbai, India. With a presence in 3 countries, it has supported around 233 startups in sectors like Enterprise Applications, High Tech. As of Jun 2026, SINE has witnessed 6 portfolio exits. Most notable companies in its portfolio include Atomberg, Seclore and SEDEMAC. The program is backed by a team of 46 people who primarily support Seed startups based in India. Its latest investment was a $487K Seed round in BAAS Technologies on Nov 22, 2025, which also saw participation from Inflection Point Ventures and Rajesh Arora.

Key Metrics

Founded Year

2004

Location

Mumbai, India

Portfolio Companies

Atomberg, Seclore & 231 more

Sectors of Investment

Enterprise Applications, High Tech & 33 more

Stages of Investment

Seed & Grant (prize money)

Locations of Investment

India, United States & 1 more

View SINE's full profile

SINE has a portfolio of 233 companies. Their most notable investments are in MyoWorks and Edhaa Innovations.Their portfolio spans across India, United States and United Kingdom. They have invested in Enterprise Applications, High Tech, HealthTech and 32 other sectors, across stages such as Seed, Grant (prize money) stages. Here is the list of top investments by SINE:

1. Atomberg

Manufacturer of energy efficient ceiling fans kitchen appliances smart locks. The company specializes in energy-efficient smart home appliances like BLDC ceiling fans, mixer grinders, water purifiers, and more. These appliances utilize motor technology designed to reduce power consumption during operation. The product range covers household cooling, food preparation, and home security requirements.

Key facts about Atomberg

Founded Year: 2012
Location: Mumbai (India)
Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series C
Total Funding till date: $119M
Employee Count: 1,045 as on Mar 31, 2026
Investors: Temasek, Steadview and 24 Others
Latest Funding Round: Series C, Oct 17, 2025, $*****
Highlight: Editors' Pick

2. Seclore

Provider of data-centric security software for preventing data theft and compliance. The platform facilitates discovery, classification, protection, monitoring, and tracking of sensitive digital assets. It offers digital asset classification, enterprise digital rights management, and risk insights. The platform provides APIs, SDKs, and email encryption. It integrates with data loss prevention, cloud access security brokers, and SIEM tools.

Key facts about Seclore

Founded Year: 2008
Location: Mumbai (India)
Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series D
Total Funding till date: $51.8M
Employee Count: 332 as on Aug 31, 2025
Investors: Helion Venture Partners, Trifecta Capital and 39 Others
Latest Funding Round: Series D, Oct 15, 2025, $*****
Highlight: Editors' Pick

3. SEDEMAC

Manufacturer of motor vehicle parts. Its product portfolio includes sensorless integrated starter generators, ECUs for fuel injection, smart ignition, voltage regulators, battery management systems, connectivity devices, generator controllers, and battery chargers. It supplies critical-to-the-application control products in large volumes, from in-house lines, to leaders of large markets.

Key facts about SEDEMAC

Founded Year: 2007
Location: Mumbai (India)
Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
Stage: Public
Total Funding till date: $25.8M
Employee Count: 518 as on Jul 31, 2025
Investors: 360 One, Iron Pillar and 23 Others
Latest Funding Round: Series B, Apr 23, 2025, $*****
Highlight: Public

4. QNu Labs

Provider of quantum cryptography solutions, key distribution, random number generation. It offers quantum key distribution for secure cryptographic keys and quantum random number generators. It provides post-quantum cryptography algorithms resistant to quantum attacks. It delivers quantum-safe virtual private networks, secure tunnels, and messaging services.

Key facts about QNu Labs

Founded Year: 2016
Location: Bengaluru (India)
Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series A
Total Funding till date: $22.3M
Employee Count: 118 as on Aug 31, 2025
Investors: Venture Catalysts, Cisco and 90 Others
Latest Funding Round: Series A, Apr 24, 2025, $*****
Highlight: Editors' Pick

5. ImmunoACT

Developer of cell and gene therapies for cancer treatment. It offers a lead product NexCAR19 Talicabtagene autoleucel for B‑cell malignancies such as B‑lymphoma and B‑acute lymphoblastic leukaemia. It offers other pipeline products which include Actalycabtagene autoleucel for B-lymphoid malignancies, HCAR2 for multiple myeloma, and HCAr3 for Glioblastoma multiforme, and neuroblastoma.

Key facts about ImmunoACT

Founded Year: 2018
Location: Mumbai (India)
Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series B
Total Funding till date: $15.9M
Employee Count: 204 as on Aug 31, 2025
Investors: SINE, BIRAC and 4 Others
Latest Funding Round: Series B, May 31, 2023, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

SINE has invested in 233 companies over the last 12 years, with an average of 7 new investments annually in the last 10 years. In 2025, it made 9 investments. Its most recent first time investment was in BAAS Technologies and most recent follow-on round was in ThrustWorks Dynetics.

Here are SINE's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	8	1	9
2024	4	7	11
2023	9	9	18
2022	0	6	6
2021	3	8	11
2020	9	4	13
2019	15	6	21
2018	9	4	13
2017	13	2	15

View all investments by SINE

SINE has made 79 investments in Seed stage with an average round size of $156K and 2 investments in Grant (prize money) stage with an average round size of $72.1K.

Here are SINE's investments by stage:

Stage of entry	No. of Investments
Seed	79
Grant (prize money)	2

Note: We have considered here, only first round of investments

View all investments by SINE

SINE has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Life Sciences, Sustainability Tech and HealthTech. Notably, it has invested in 169 Tech companies, 168 Enterprise (B2B) companies, 88 Software companies and at least 72 companies focusing on Tech hardware.

Here are SINE's investments by sector:

Sector	No. of Investments
High Tech	34
Enterprise Applications	18
Life Sciences	18
Sustainability Tech	18
HealthTech	16
Others	118

Note: We have considered here, only first round of investments

View all investments by SINE

SINE has made most investments in India (80), followed by United States where it has made 1 investment.

Here are SINE's investments by geography:

Country	No. of Investments
India	80
United States	1

Note: We have considered here, only first round of investments

View all investments by SINE

SINE has not made any investment in 2026 so far.

Here are the most recent investments by SINE:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Nov 22, 2025	BAAS Technologies	India	Seed	8611	Inflection Point Ventures ... [+16]
Nov 21, 2025	MatterWave	India	Seed	4878	-
Oct 06, 2025	ThrustWorks Dynetics	India	Seed	4929	Piper Serica [+1]
Aug 11, 2025	Indrones	India	Seed	4310	Kavita Devang Vyas [+2]
Jul 11, 2025	ART-PV India	India	Seed	5688	-

See more recent investments made by SINE

2 of SINE's portfolio companies have become public. SEDEMAC got listed on the Bombay Stock Exchange (BSE), in Mar 2026 at marketcap of $650M and ideaForge got listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE) at marketcap of $339M.

Here are SINE's portfolio companies that went public:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
SEDEMAC	Mar 11, 2026	-	-	1013
ideaForge	Jul 07, 2023	-	-	5546

View more details about public companies in SINE's portfolio

4 companies from SINE's portfolio have been acquired. The most recent acquisition was AllinCall Research and Solutions in Nov 2021 by Exotel for $*****.

Here are SINE's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
AllinCall Research and Solutions	Nov 11, 2021	Nov 07, 2017	Seed	5461
Getcogno.ai	Nov 11, 2021	Nov 07, 2017	Seed	3979
Maxerience	Jun 01, 2019	-	-	9025
Thinklabs Technosolutions	May 11, 2016	-	-	6553

View all acquired companies in SINE's portfolio

SINE has a team of 46 members including 8 Partners, 2 Venture Partners and 7 Principals located in India. SINE's team does not sit on the board of any company as of now.

Here is a list of top team members in SINE:

Name	Designation	Location	Board Memberships	Contact Details
Shaji Varghese	Partner	Mumbai	-	1 Email
K V Krishna Rao	Partner	-	-	-
Rajesh Gopinathan	Partner	Mumbai	-	-
Ankit Mehta	Partner	-	-	-
Shireesh Kedare	Partner	-	-	-
Milind D Atrey	Partner	-	-	-
Trupti Mishra	Partner	Mumbai	-	-
Upendra V Bhandarkar	Partner	Mumbai	-	-
Kanak Kawadiwale	Venture Partner	-	-	1 Email
Abdul Basit S	Venture Partner	Mumbai	-	-
Rashmi Mahajani	Principal	Mumbai	-	1 Email

View team details of SINE

Over the past 12 years, 838 investors have co-invested in SINE's portfolio companies. This includes funds and angels.

Invested before SINE: Startup Karnataka, Subu Goparaju and 229 others have invested in rounds before SINE. There are 2 companies where Startup Karnataka has invested before SINE and 1 company where Subu Goparaju has invested before SINE.
Top Co-investors of SINE: 105 investors entered a company along with SINE. These include investors like HPCL (2 companies).
Invested after SINE: A total of 502 investors have invested in SINE's portfolio after their investments. Top Investors include Inflection Point Ventures (3 companies) and IIT Bombay (3 companies).