Stake sale · Enterprise Software & IT

Capillary Technologies reports revenue growth and stake sale

By Startup Enthusiast · 3 September 2026

What they do

Capillary Technologies provides cloud-native software that helps businesses manage customer loyalty programs using artificial intelligence

The company announced a stake sale by Peak XV, which exited its position, while raising its revenue guidance for the 2027 fiscal year

The firm reported strong quarterly growth driven by organic expansion and the recent acquisition of SessionM from Mastercard

Capillary Technologies raised its FY27 revenue guidance to ₹1,065 crore from the previous estimate of ₹890 crore.
The company reported Q1 FY27 revenue growth of 43% year-over-year, supported by organic growth and the SessionM acquisition.
Peak XV completed a full exit from the company, resulting in a 4.14% stake sale filed by the promoter entity CTPIL.
The company disclosed a €3 million cyber fraud incident from earlier in 2026 and has made a full provision for the loss.
Management is currently pursuing recovery efforts across three geographies and has an active insurance claim in progress.

The stake sale represents the final exit of Peak XV, which had been an institutional investor since the company's Series A round.
Despite strong operational performance, the company's stock price has declined by more than 20% over the past year.

Capillary Technologies offers AI-based cloud-native SaaS (software delivered over the internet) solutions for customer loyalty programs.
The company integrates data analytics to help brands improve customer retention and engagement.
The firm recently expanded its capabilities by acquiring SessionM from Mastercard.
The company's promoter entity, CTPIL, currently holds just over 48% of the total shares.
Avataar Ventures and its affiliates remain significant shareholders, holding slightly over 30% of the company.

Peak XV (seller) — Institutional investor that held shares since Series A and has now fully exited.
Avataar Ventures (existing) — Investment firm holding over 30% of the company following a 2023 cap table revision.