Capillary Technologies

Capillary Technologies was founded by Aneesh Reddy,[7] Krishna Mehra, and Ajay Modani in 2008.[4] The co-founders are prestigious alumni of Indian Institute of Technology, Kharagpur (IIT-KGP). Before founding Capillary, Aneesh worked at ITC Limited; Krishna was with Microsoft Research, and Ajay with Danieli.[1]

Incubated in IIT Kharagpur, Capillary began its operations in Bangalore in August 2008.[1][8]

In June 2013 Harvard Business Review used Capillary as a Case for reverse Innovation in Tech Startups.[9]

In July 2016, Capillary expanded its operations to retailers in China[10]

In December 2016, Google's Vice President for South East Asia and India, Rajan Anandan joined Capillary as a Board member.[11][12]

In September 2019, the company signed a partnership pact with Veda Holding, a company based in Saudi Arabia to form Capillary Arabia.[13][14]

• 2008: Capillary was incubated at Entrepreneurship Cell, IIT Kharagpur.[15]
• 2009: $100,000 from QPrize Business Plan Competition by Qualcomm.[16]
• Sep 2012: $15.5 million from Sequoia Capital, Norwest Venture Partners & Qualcomm.[17][18][19][20]
• Feb 2014: $4 Million from American Express in February 2014.[21][22][23]
• Sep 2015: $45 Million from Warburg Pincus, Sequoia Capital and Norwest Venture Partners.[24]

In September 2015, Capillary acquired an eCommerce software platform MartJack.[25][26]

In October 2016, Capillary acquired SellerWorx, an eCommerce services and technology company.[27]

• QPrize India [28]
• Forbes 12 hidden gems of technology industry[3]
• Gartner Cool Vendor[29]

• www.capillarytech.com
• www.capillarytech-cn.com