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NB Ventures

Asia, Dubai, United Arab Emirates, Dubai

Description

NB Ventures is a prominent Dubai-based venture capital firm established in 2015 by founder Neelesh Bhatnagar. The firm strategically focuses on early-stage technology startups, primarily targeting Pre-Series A, Seed, and Series A funding rounds. While deeply rooted in the Middle East and North Africa (MENA) region, NB Ventures also extends its investment reach globally, seeking out disruptive innovations with high growth potential. Their approach emphasizes not just capital infusion but also active partnership, leveraging their extensive network and operational expertise to support portfolio companies.

The firm's investment philosophy centers on identifying promising startups across a diverse range of technology sectors, including FinTech, EdTech, HealthTech, SaaS, E-commerce, Logistics, and Artificial intelligence. NB Ventures positions itself as a long-term partner, providing strategic guidance, market access, and operational support to help founders scale their businesses effectively. They typically deploy first cheques ranging from $500,000 to $5 million, indicating a commitment to significant early-stage capital deployment that can catalyze substantial growth.

With a robust portfolio that includes well-known regional success stories like Tabby, Tamara, Trukker, and Kitopi, NB Ventures has demonstrated a strong track record in identifying and nurturing high-potential ventures. As of early 2024, the firm has made over 80 investments, showcasing its active participation in the global startup ecosystem, particularly within the MENA region. This extensive investment activity, coupled with a reported 10 exits, underscores NB Ventures' role as a key player in fostering innovation and driving venture growth from Dubai.

Investor Profile

NB Ventures has backed more than 26 startups, with 5 new investments in the last 12 months alone. The firm has led 2 rounds, about 8% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in India, United States.
  • Strong thematic focus on Apps, Health Care, Food and Beverage.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (31%)
  • Series A (31%)
  • Series Unknown (19%)
  • Series B (12%)
  • Series E (4%)
  • Series C (4%)

Country Focus

  • India (88%)
  • United States (12%)

Industry Focus

  • Apps
  • Health Care
  • Food And Beverage
  • E-learning
  • Education
  • Wellness
  • Internet
  • Artificial Intelligence (Ai)
  • Edtech
  • Employment
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does NB Ventures frequently co-invest with?

Blume Ventures
Asia, Maharashtra, India, Mumbai
Co-Investments: 5
SOSV
North America, New Jersey, United States, Princeton
Co-Investments: 3
AngelList India
Asia, Delhi, India, Delhi
Co-Investments: 2
Sprint Vc
North America, New York, United States, New York
Co-Investments: 2
Venture Catalysts
Asia, Maharashtra, India, Mumbai
Co-Investments: 5
Dholakia Ventures
Asia, Gujarat, India, Surat
Co-Investments: 4
Dream Incubator
Asia, Tokyo, Japan, Tokyo
Co-Investments: 3
DSG Consumer Partners
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
100Unicorns
Asia, Maharashtra, India, Mumbai
Co-Investments: 3
LetsVenture
Asia, Karnataka, India, Bengaluru
Co-Investments: 4

Which angels does NB Ventures often collaborate with?

Paritosh Mukhija
Asia, Dubai, United Arab Emirates
Shared Deals: 1
MR
Asia, India
Shared Deals: 1
Manan Khurma
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
Gaurav Deepak
Asia, Maharashtra, India, Mumbai
Shared Deals: 1
Kunal Shah
Asia, Karnataka, India, Bengaluru
Shared Deals: 2
Anuj Saraiwala
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
CC
North America, United States
Shared Deals: 1
Kiran Karunakaran
Asia, Singapore
Shared Deals: 1
Shared Deals: 1
Abhishek Deo
Asia, Delhi, India, Delhi
Shared Deals: 1

What are some of recent deals done by NB Ventures?

Bold Care

Mumbai, Maharashtra, India

Bold Care is a men’s health and wellness platform that provides treatment plans and products dedicated towards men.

Health CareMen'sWellness
Series AFeb 11, 2025
Amount Raised: $5,000,000
Power Gummies

New Delhi, Delhi, India

Power Gummies is a D2C nutraceutical company that offers vitamin-packed gummy products.

Nutrition
Series UnknownDec 11, 2024
Amount Raised: $1,178,521
Suraasa

Gurgaon, Haryana, India

Suraasa is a teacher workforce platform offering programs to get mentorship, teach diploma courses, and access job opportunities.

E-LearningEdTechEducationEmploymentTraining
Series AOct 16, 2024
Amount Raised: $6,000,000
Centricity

New Delhi, Delhi, India

Centricity is a digital private wealth management platform-as-a-service for Investment Professionals & High Networth Investors.

Service IndustryWealth Management
SeedSep 12, 2024
Amount Raised: $20,000,000
ElectricPe

Bengaluru, Karnataka, India

ElectricPe is an EV charging platform that provides smart, affordable, and clean electric mobility.

Charging InfrastructureClean EnergyElectric VehicleTransportation
SeedJul 29, 2024
Amount Raised: $2,985,613
G.O.A.T Brand Labs

Bengaluru, Karnataka, India

GOAT Brand Labs acquires and scales differentiated D2C brands in the lifestyle space.

Business DevelopmentBusiness IntelligenceVenture Capital
Series UnknownJul 8, 2024
Amount Raised: $20,968,791
LetsTransport

Bangalore, Karnataka, India

LetsTransport is a logistics solution provider that offers customized logistics solutions for clients.

LogisticsTransportationTravel
Series EApr 24, 2024
Amount Raised: $22,000,000
Ghost Kitchens

Mumbai, Maharashtra, India

Ghost Kitchens helps restaurants and cloud kitchens earn incremental revenue without any investment.

Food and BeverageFood ProcessingRestaurants
Series AFeb 22, 2024
Amount Raised: $4,947,357
Suraasa

Gurgaon, Haryana, India

Suraasa is an online platform for teachers to get mentorship, teach diploma courses, and access job opportunities.

AppsE-LearningEducationEmploymentTraining
SeedNov 30, 2022
Amount Raised: $1,180,733
STAGE

Indore, Madhya Pradesh, India

STAGE is an Indian language content platform for artist-led entertainment.

AppsContent CreatorsMusic
Series ANov 17, 2022
Amount Raised: $4,906,455