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India Digest: Ace Blend, Venttup raise funding

Reported by Dealstreetasia
Oct 29, 2026· 2 min read
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Key Takeaways
  • • Ace Blend, a science-led nutrition company, raised $9.91 million in a Series A2 round led by 3one4 Capital, with existing investor Fireside Ventures doubling down.
  • • Ace Blend's earlier pre-Series A round of $3.3 million was led by Fireside Ventures, according to the company.
  • • Ace Blend claims 300% growth in FY26 and more than 46% of customers making repeat purchases.
  • • Venttup, an Industries 5.0 startup, raised $3 million in a pre-Series A round led by Rainmatter, the investment arm of Zerodha, alongside Unicorn India Ventures.
  • • Venttup will use the capital to expand engineering, precision manufacturing, AI-driven B2B sourcing, and a new Bengaluru facility serving energy transition, defence, aerospace and space sectors.
Summary
Nutrition company Ace Blend has raised $9.91 million in a Series A2 funding round led by 3one4 Capital, according to an announcement. Existing investor Fireside Ventures is doubling down on its investment; the venture firm had previously led Ace Blend's $3.3 million pre-Series A round, the company said in a statement. Ace Blend plans to use the fresh capital to bring new nutrition formats to market and continue investing in research-led product development. The company claims to have grown 300% in FY26, with more than 46% of its customers making repeat purchases. Founder and chief vision officer Shivam Hingorani said the company aims to close the gap between modern lifestyles and human biology with clinically backed nutrients.

Separately, Industries 5.0 startup Venttup has raised $3 million in a pre-Series A funding round led by Rainmatter, the investment arm of Zerodha, and Unicorn India Ventures. The company will use the capital to expand its engineering team, invest in precision manufacturing and rapid prototyping infrastructure, and adopt AI to improve business-to-business sourcing, supplier intelligence and operational efficiency. The funding will support its transition from engineering development to scalable production across the energy transition, defence, aerospace and space sectors. Co-founder and CEO Sandeep Nair said the company is building an engineering-first manufacturing company that draws on India's MSME ecosystem. Venttup is also setting up a manufacturing facility in Bengaluru to strengthen its rapid prototyping and precision manufacturing capabilities.

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Sources

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Dealstreetasia India Digest: Ace Blend, Venttup raise funding