What is Kolam The Model The Kolams Owner's Manual Team Full Stack Capital Co-Incubate →
Founder Incubation Studio · Gurugram · Palo Alto

Every dot
a decision.
Every line
a company.

हर स्टार्टअप एक रेखा है, हर रेखा एक कोलम।

I co-build companies from scratch. You bring the idea, the hunger, and a domain. Together, we draw the Kolam — a full-stack business, from first principle to first revenue.

8
Companies Co-Built
₹5–8L
Per Quarter, Skin in Game
3–5%
Equity, Earned Together
2yr
Idea to Market, Always
01

The Art & Mathematics
of Kolam

A Kolam is not decoration. It is a daily algorithm — drawn at dawn, from memory, connecting dots in precise mathematical patterns that have encoded cosmology, ritual, and wisdom for millennia.

Every morning, after ablutions, women across South India draw a Kolam at the threshold of their home. Not randomly. Each dot is placed. Each curve connects specific dots. The pattern that emerges is derived from complex equations — a visual LLM, if you will, where every node carries meaning and every connection carries intent.

Kolam as Algorithm
dot_grid(n) → connect_neighbors(r) → mirror(8-fold) → emerge(pattern)
startup(idea) → connect_founders(skill) → mirror(market) → emerge(company)

This is what we do at Kolam Studio. We start with dots — an idea, a founder, a white space in the market. We connect them using a structured system of product thinking, business building, and iterative shipping. The pattern that emerges is a full-stack business. Indigenous. Intentional. Inevitable.

Kolam Studio is a Founder Incubation Studio — not a fund, not an accelerator. I sit inside the company with you. I co-build. I co-suffer. I co-celebrate. That is the commitment.

02

The Model
— how we work

Day 1.

There is no ambiguity in this partnership. You know the terms before you sign. You know what is expected before you start. You know who is responsible for what before the first call. The founders who move fastest are the ones who removed every excuse not to. Doubt is expensive. Clarity is free. Come in clear, or don't come in.

i. Co-Build

I am not a cheque. I am a co-founder.

I sit inside the company with you. Product decisions, hiring calls, customer conversations, investor pitches — I am present. This is not advisory. This is operational partnership.

₹5–8L per quarter · 3–5% equity · Board seat

+ 10–20% revenue share optional

ii. Full Stack

From idea to IPO. Every layer, covered.

Product, technology, sales, fundraise, hiring, legal — we build every layer of the stack together. The Entrepreneur's Owner Manual is your guide through every decision point.

Product · GTM · Capital · Team · Operations

iii. Capital

The first cheque. And the path to the next.

Kolam writes the first cheque — before anyone else will. Then we build the company to the point where marquee external capital becomes inevitable. Not fundable. Inevitable. There is a difference.

Pre-seed · FMF to PMF · Investor-ready

iv. Timing

When to ask. Who to ask. In that order.

Capital is not just about having the right story. It is about having the right story at the right moment for the right person. Kolam is a timing platform. We know what happens when you go too early — the market looks too small, the proof is too thin, the investor says not yet. We know what happens when you go too slow — the next round becomes a question of survival, not ambition. And we know what happens when you never ask because you think you don't need the capital — you leave market share to someone who does.

Who to ask, when to ask, and what to show them when you do — this is a core Kolam deliverable. Not a pitch deck review. A capital strategy.

Capital timing · Investor mapping · Round architecture

v. Adjacent

You build what you want.
Then we move you up.

Kolam never stops a founder from building what they believe in. But Kolam will always ask: what is the largest version of this that is still true to the idea? The market you start in is rarely the market you should end in. The founders who build generational companies are the ones who learned to see the adjacent much larger market — and moved into it before they were comfortable doing so.

Kolam makes that move part of the plan, not a pivot.

Market expansion · TAM thinking · Adjacent strategy

03

The Kolams
— companies we drew

Each of these is a Kolam — a pattern we drew together, dot by dot, from nothing. These started as conversations. They became companies.

Incubated
2026
Raising Seed

Switch

Local Commerce · Bharat

Switchlocally — local commerce doesn't need to be replaced, it needs to be switched on. Founder-market fit. Product-market fit. Revenue. Now raising Seed to scale.

Incubated
FMF
PMF
Revenue
Seed ↑
Incubated
2026
Building

Visvakarn

Deep Tech · Defence

Named after the divine architect of the gods. Building defence technology from India for India — precision engineering, sovereign-grade systems, indigenous deep tech.

Incubated
Building
Pre-seed
Seed
Incubated
2023
Series B

Cherrapunji Gin

D2C · Consumer Spirits

The world's first sustainable gin made from rainwater harvested in Cherrapunji — the rainiest place on earth. From a serendipitous meeting to Japanese investors and 10,000 cases. In 2 years.

Incubated
Pre-seed
Seed
Series A
Series B
Incubated
2023
Series A

Legitt AI

Contract Intelligence · SaaS

Started as a small business tool. Became one of the world's leading contract management platforms — on blockchain, with AI, serving Fortune 500 clients. In 2 years.

Incubated
Pre-seed
Seed
Series A
Series B
Incubated
2023
Series A

Kruu

Bharat · Platform

Built for the internet of Bharat. Where the next billion come online, mobile-only, and need tools built for their reality — not borrowed from the West.

Incubated
Pre-seed
Seed
Series A
Series B
Incubated
2022
Acquired · Exotel

Dubverse AI

AI Dubbing · B2C → Enterprise

Auto-dubbing for the world's content creators. Pivoted from enterprise to B2C, scaled to millions of creators, backed by top angels. Profitable. Acquired by Exotel.

Incubated
Seed
Profitable
Acquired ✦
Acquired by
Incubated
2016
Acquired · CleverTap

Patch

MarTech · Customer Engagement

Built the missing layer in customer engagement — intelligent, contextual messaging at scale. Grew fast enough that CleverTap, one of India's leading MarTech platforms, came calling.

Incubated
Seed
Growth
Acquired ✦
Acquired by
Founded by JSG
2012
Acquired · Reliance Jio

NowFloats

Internet of Bharat · SMB Digital Presence

The first Kolam. JSG's own company — built to put India's small businesses on the internet when the internet was still arriving. The company that taught everything: how to build, how to sell, how to fundraise, how to survive, how to exit. Acquired by Reliance Jio in 2019.

NowFloats is the reason Kolam Studio exists. It is the reason Full Stack Capital exists. Everything that came after was built on the scars and the lessons of this one.

Founded
Series A
Series B
Scale
Acq. Jio ✦
Acquired by
04

The Principles
— non-negotiable

01

Not Optional

Starting at 8am. Writing every day. Shipping every week. Reading. Tweeting. These are not habits — they are the culture you are building that will outlast you.

02

No Ghosting

Your customer does not know you are unwell. Or have a cousin's wedding. Or have no signal. They do not care. And they should not have to. You can fix this.

03

No Tomorrow

Things that need to happen today, happen today. Only this discipline builds large companies. It is not about tasks. It is about the culture compound effect over years.

04

No Excuses

A hundred companies have built tools to fast-track you. They are multi-billion dollar companies that exist so you can build yours. Use them. Ship. Iterate. Grow.

05

The Entrepreneur's
Owner Manual

We are writing the manual for building full-stack businesses in India. Not an MBA textbook — a practitioner's field guide. Every chapter is a decision you will face. Every framework is one we have used, broken, and rebuilt.

This is the intellectual connective tissue between Kolam Studio and Full Stack Capital. The same thinking that guides our investments guides our co-builds — distilled into a document that compounds with every company we touch.

The Entrepreneur's
Owner Manual
Kolam Studio × Full Stack Capital
06

Who anchors
Kolam.

Two people. One who has built companies for twenty years. One who is learning to build companies right now. That gap is intentional — it is the whole point.

Founder · Head Designer

Jasminder
Singh Gulati

JSG

Serial founder turned serial co-builder. Built and backed companies across SaaS, consumer, deep tech, and Bharat — from inception to exit. Managing Partner at Full Stack Capital, where he has invested in 62+ companies and incubated 4 from scratch.

Does not write cheques and disappear. Sits inside the company. Calls at 8am. Ships by Friday. Has the scars to prove every lesson he teaches.

62+ Investments
3 Exits
20+ Years Building
Core Belief
वक़्तनहीं है

Time does not wait. Every day without a decision is a decision. Every week without shipping is a week lost. Urgency is not a mood — it is the only operating system that works.

Studio Associate

Nalin
Jayaswal

UCLA · Los Angeles

Student at UCLA who chose to spend time inside a venture studio instead of waiting for the world to hand him a case study. Brings the outsider's eye — fresh, unbiased, and genuinely curious about how companies are born.

At Kolam, Nalin bridges the gap between how the next generation thinks and how businesses need to be built. He asks the questions founders stop asking when they get too close to their own work.

UCLA Los Angeles, CA
Gen Z Native Digital
India ↔ US Bharat Lens
Core Belief
फ़ितूर

An Urdu word with no clean English translation. An obsession that borders on madness. A restlessness that refuses to settle. The kind of energy that makes things get built.

Between us, we carry twenty years of experience and zero years of cynicism. That ratio is deliberate.

07 · Application

Come draw a Kolam with me.

This is not a form. It is your first conversation with Kolam Studio.
Take your time. Be honest. Especially about the hard parts.

₹5–8L per quarter · 3–5% equity · WeWork Forum, Gurugram · Palo Alto

You
Past
Idea
Why You
Struggles
Step 01 of 05

Let's start with you.

The basics — so we know who we are talking to.

Step 02 of 05

What have you built before?

Tell me about companies, products, or projects you have worked on — what you built, what happened, and what you learned. No filter. Failures are as interesting as successes.

Name them, describe your role, and what became of them.
Domain expertise, industries, functions you have worked in.
Be specific. 'I can sell anything' is not it.
Step 03 of 05

The idea — and the timing.

Describe the company you want to build. Not a pitch deck — a conversation. What is the problem, who has it, and why now?

Describe it from the customer's point of view, not yours.
What will you build, how does it work, and how do you make money?
What has changed — in tech, regulation, behaviour, or market — that makes this viable today but not 3 years ago?
Revenue, users, LOIs, waitlist, pilots — anything real.
Step 04 of 05

Why are you uniquely positioned for this?

This is the most important question in early-stage investing. Anyone can have an idea. Very few people are the right person to execute it. Make the case for yourself.

Domain knowledge, lived experience, unfair access, network, obsession. What makes you the person who cracks this?
Co-founders, early hires, advisors. What skill gaps are you already aware of?
Lifestyle business, unicorn, acquisition, IPO, or something else. Be honest.
Step 05 of 05

What are you struggling with the most?

This is where we find out if Kolam can actually help you. Be uncomfortably honest. The founders we work best with know exactly where they are stuck.

Not a list. The one thing keeping you up at night.
This tells me where not to waste your time.
Check all that apply.

Your Kolam has been placed.

Every application is read by Jasminder personally.
If there is a pattern worth drawing together, you will hear back within a week.

हर स्टार्टअप एक रेखा है, हर रेखा एक कोलम।