Top 40 Most Active Venture Capital Firms in India

Top 40 venture capital firms in India

If you are an entrepreneur looking to start a new D2C business, you must be looking for ways to raise capital. With multiple sources of funding available in the market today, identifying the right funding partner is both easy and difficult— Easy because (almost) all data is readily available on the internet for you to see. Difficult because you have tons of data to go through and decide. Sigh!

Venture capital firms today are highly credited for enabling businesses to become unicorns. But how do you identify the best partner for your D2C business? To make it easier, we have come up with a list of the top 40 most active venture capital firms in India in 2022(Not in any order). So scroll below to find the contact details of key people in these VC firms. 

P.S: We at Velocity also offer revenue based financing to D2C and eCommerce businesses in India. You can now raise 4 Crore funding from us, apply today!

You can learn more about revenue-based financing in our ultimate guide to revenue-based financing

What are venture capital firms and how do they work?

A venture capital firm is an entity that raises funds to date from wealthy investors who are looking for high-risk, high-return opportunities to grow their wealth. These funds to date, known as venture capital funds to date, are then invested in young startups for a few years, throughout the various stages of their operations. In most cases, venture capital firms start funding businesses from the seed round or the startup stage, up until they are ready to go public. This can take anywhere between 7 to 10 years. What is interesting is that venture capital firms don’t invest only in terms of cash, but also in terms of mentoring and strategizing for young startups. The venture capitalist is usually added to the board of the business and has the power to influence decisions that are in favor of the business.

Typically, venture capital firms identify and target certain high potential industries and scout for startups that show promising growth. Some of the most-funded sectors in India are consumer tech, fintech, edtech, and SaaS. You can learn more about the basics of venture capital in our latest blog post, “What is Venture Capital and How Does it Work?

Top 40 Active Venture Capital Firms in India

While there are hundreds of venture capital firms supporting startups left and right, here are the most active venture capital firms in India(Not in any order).

Sequoia Capital India

Sequoia Capital is an American venture capital firm established in 1972. The firm is headquartered in Menlo Park, California. They were one of the early investors in big companies like Apple, Google, Dropbox, and WhatsApp. In 2006, they formed a subsidiary, Sequoia capital India which specializes in investment in startups with high growth potential. Some of their notable investments in India include Justdial, Byju’s, Freecharge, Practo, and CarDekho. Sequoia capital India has raised a total of $3B across 8 funds to date. The latest fundraise of $195M was announced on March 25, 2021. 

  • Founder: Don Valentine
  • Year of inception: 1972 (2006 in India)
  • Number of deals (as of 2022): 575
  • People you should know: Ashish Agrawal, Harshjit Sethi 
  • Notable investments: Faaso’s, FreeCharge, Grofers, Healthkart, Practo, Blinkit, Purplle, Meesho, Apple, Cisco, Google, LinkedIn, WhatsApp, Zoom, PayPal, Reddit, Instagram, Tumblr, BYJU’s, CleverTap,  Citrus Payment, Druva
  • Sector: Cleantech, consumer internet, crypto, financial services, healthcare, mobile, and robotics sectors
  • Stage: Early Stage Venture, Late Stage Venture

Fluid Ventures

Fluid Ventures is a SEBI registered early stage, Direct to Consumer focused venture capital fund that invests in Indian startups. Founded in 2020, the firm’s current portfolio focuses on the FMCG and consumer sectors. Fluid Ventures has raised a total of ₹500M to date in a single venture fund, Fluid Ventures Fund I. 

  • Founder: Amit Singhal
  • Year of inception: 2020
  • Number of deals (as of 2022): 8
  • People you should know: Dhianu Das, Prashant Narang
  • Notable investments: Ras Kik, Master Chow, Shumee, Fabriclore, Wall Mantra
  • Sector: FMCG, and Consumer sectors
  • Stage: seed-stage, early-stage, and later-stage

Blume Ventures

Blume Ventures is a venture capital firm in India. Founded in 2011 by Karthik Reddy and Sanjay Nath, it invests in early-stage ventures, seed, series A, series B, and debt financing. Its portfolio companies include Instamojo, Dunzo, LBB, and Unacademy. Blume Ventures has raised a total of $378.2M across 6 funds to date, their latest being Blume Ventures Fund IV. 

  • Founder: Karthik Reddy and Sanjay Nath
  • Year of inception: 2011
  • Number of deals (as of 2022): 278
  • People you should know: Alok Mehta, Arpit Agarwal
  • Notable investments: Purplle, Dunzo, LBB, Cashify, HealthifyMe, Unacademy, Intrcity
  • Sector: Agritech, Cleantech, B2B services, Commerce, EdTech, SaaS, FinTech
  • Stage: Early Stage Venture, Seed funding

Kalaari Capital

Kalaari is a $160 million venture capital fund with a strong advisory team in Bangalore investing in early-stage, technology-oriented companies in India. The notable investment portfolio of Kalaari Capital includes Cure.fit, SimpliLearn, Dream11, Haptik, MilkBasket, and more. Kalaari Capital has raised a total of $479M across 3 funds to date, their latest being Fourth India-Dedicated Fund.

  • Founder: Vani Kola
  • Year of inception: 2012
  • Number of deals (as of 2022): 205
  • People you should know: Vani kola, Ravinder Singh, Vamshi Reddy
  • Notable investment: Elevar, Blue Stone, MilkBasket, Cure.fit, SimpliLearn, Dream11, Haptik, Phable, Vogo Automotive, Urban Ladder, Simplilearn, ScoopWhoop
  • Sector: Information technology, mobile, healthcare, software products and services, e-commerce, media, and clean technology
  • Stage: Early Stage Venture, Late Stage Venture, Seed

Matrix Partners India

Matrix Partners India is a private equity and venture capital firm that invests in consumer technology, enterprise, fintech, healthcare, Edtech, etc. A part of Matrix Partners, the firm’s investments include Chumbak, Country Delight, Dukaan, among others. Matrix Partners India has raised a total of $721M across 2 funds to date, their latest being Matrix Partners India III.  

  • Founder: Avnish Bajaj and Rishi Navani
  • Year of inception: 2006
  • Number of deals (as of 2022): 173
  • People you should know: Avnish Bajaj, Rupali Sharma
  • Notable investments: Canva, Flex, Hubspot, Oculus, Quora, Zendesk
  • Notable investments (India): Country Delight, itilite, DSLR Technologies, RocketLane, Chumbak, DailyHunt, Dukaan, FIITJEE
  • Sector: Consumer technology, enterprise, fintech, healthcare, Edtech
  • Stage: Early Stage Venture, Late Stage Venture

Nexus Venture Partners

Founded in 2006, Nexus is a US-based venture capital firm that seeks to invest in consumer products, consumer services, information technology, e-commerce, and more. Its portfolio consists of big names like Unacademy, Zomato, OLX, Rapido, etc. Nexus Venture Partners has raised a total of $1.4B across 5 funds to date, their latest being Nexus Ventures V Ltd.

  • Founder: Suvir Sujan, Sandeep Singhal, and Naren Gupta
  • Year of inception: 2006
  • Number of deals (as of 2022): 301
  • People you should know: Abhishek Sharma, Anand Datta, Pratik Poddar
  • Notable investments: Zomato, FingerprintJS, Entos, Apollo.io, Growth Book, StackBlitz, Delhivery, Unacademy, Postman, Snapdeal, Rapido, OLX, Hasura, Urbanic, Zepto 
  • Sector: Consumer products, consumer services, information technology, e-commerce, big data, b2b payments, SaaS, internet of things, artificial intelligence, machine learning
  • Stage: Early Stage Venture, Seed

Venture Highway

Venture Highway is a venture capital that is interested in early-stage venture investments. Founded in 2010, the firm focuses on IT startups. Meesho and CureLink are some of its notable investments. Venture Highway has raised a total of $78.6M across 2 funds to date, their latest being Venture Highway Fund II.

  • Founder: Neeraj Arora, Samir Sood
  • Year of inception: 2015
  • Number of deals (as of 2022): 65
  • People you should know: Akul Jindal, Ankita Balotia
  • Notable investments: CureLink, Ivy Homes, Grip, Moglix, ShareChat, Meesho, Urban Yogi 
  • Sector: Consumer, Tech
  • Stage: Early Stage Venture, Seed

VenturEast

Ventureast is an early and growth-stage fund investing in Technology, Healthcare, Life Sciences, Food/Agri and Cleantech. One of the oldest venture capital firms in India, it has been investing since 1997. Its portfolio includes Acko, Portea, Ekincare, and more. VenturEast has raised a total of $85M in a single venture fund to date.

  • Founder: Sarath Naru, Raghuveer Mendu
  • Year of inception: 1997
  • Number of deals (as of 2022): 76
  • People you should know: Sarath Naru, Srikanth Sundararajan, Siddhartha Das
  • Notable investments: Sresta’s 24 Mantra, Boonbox, Portea, MoEngage, Perpetual Global Technologies, Acko, Ekincare,
  • Sector: Technology, Healthcare and Clean Environment
  • Stage: Early Stage Venture, Late Stage Venture, Private Equity, Seed

Axilor Ventures

Axilor Ventures is an early stage seed fund and startup accelerator founded by Infosys co-founders Kris Gopalakrishnan and SD Shibulal among others. They primarily fund startups in the consumer internet, enterprise saas, healthcare technology, artificial intelligence, fintech and industrial IoT sectors in their early stage. Their portfolio includes the likes of EnKash, Womaniya, and more. Per Cipherbio, the firm has raised a fund of $21M to date.

  • Founder: Kris Gopalakrishnan, Tarun Khanna and SD Shibulal
  • Year of inception: 2014
  • Number of deals (as of 2022): 103
  • People you should know: Prachi Sinha, Aditya Pandey
  • Notable investments: QuickShift, MedFin, EnKash, Womaniya, Petoo, Lytyfy
  • Sector: Consumer Internet, Enterprise SaaS, Healthcare Technology, Artificial Intelligence, Fintech and Industrial IoT
  • Stage: Early Stage Venture, Seed

Trifecta Capital Advisors

Trifecta Capital Advisors provide financing to early-stage technology ventures in India. Their well-known investments include Box 8, Cure.fit, and BharatPe among others. They invest mainly in technology, consumer, and healthcare. Trifecta Capital Advisors has raised a total of $586.6M across 4 funds to date.

  • Founder: Rahul Khanna and Nilesh Kothari 
  • Year of inception: 2014
  • Number of deals (as of 2022): 112
  • People you should know: Rahul Khanna, Nilesh Kothari, Lavanya Ashok
  • Notable investment: BharatPe, Big Basket, Bizongo, Blackbuck, Box 8, Cure.fit, Country Delight, GoQii
  • Sector: Technology, consumer and healthcare domain
  • Stage: Early Stage Venture, Seed

Zodius Capital

Operational since 2011, Zodius Capital invests in India-centric businesses engaged in big data and analytics, digital media and commerce, and education. Their portfolio is made up of companies like Zivame, Pepperfry, and more. Zodius Capital has raised a total of $155.3M across 2 funds to date, their latest being Zodius Technology Fund II. 

  • Founder: Neeraj Bhargava
  • Year of inception: 2011
  • Number of deals (as of 2022): 25
  • People you should know: Neeraj bhargava, Gautam Patel
  • Notable investment: Zivame, Fresh Menu, MedGenome, Pepperfry, OfBusiness
  • Sector: ​​Big data and analytics, digital media and commerce, and consumer tech 
  • Stage: Early Stage Venture

Qualcomm Ventures

Qualcomm Ventures is the investment department of Qualcomm Inc. Founded in 2000, the fund has over 150 active portfolio companies. Some of its most prominent investees are Ola, Ninjakart, Zoom, and more. They primarily invest in consumer tech, IoT, automotive, and AI. Qualcomm Ventures has raised a total of $550M across 4 funds to date, their latest being Snapdragon Metaverse Fund.

  • Founder: Paul E Jacobs
  • Year of inception: 2000
  • Number of deals (as of 2022): 463
  • People you should know: Varsha Tagare, Sachin Deshpande
  • Notable investments: Boat, Ola, 9 Taxis, Cruise Automation, Fitbit, Invensense, NQ Mobile, Waze, Zoom,  Jio Digital Life, Mind Tickle, Shadow Fax, Zinier, Ninjacart
  • Sector: 5G, AI, Automotive, Consumer, Metaverse, IOT
  • Stage: Early Stage Venture, Late Stage Venture, Seed

Ascent Capital

Founded in 2001, Ascent Capital is an India-focused firm propelling startups in their early stage. Their expertise lies in the tech, e-commerce, healthcare, financial services, consumer brands and infrastructure sectors. Their portfolio includes the likes of Big Basket, MyGlamm, Cure.fit, etc. Their most recent investment was on Apr 4, 2022, when EnKash raised $20M.

  • Founder: Raja Kumar
  • Year of inception: 2001
  • Number of deals (as of 2022): 38
  • People you should know: Subhasis Majumder, Gavesh Yerasani, Deepak Gowda
  • Notable investments: Acko, Fresh To Home, Big basket, MyGlamm, Solara, Cure.fit, Naari
  • Sector: Technology, e-commerce, healthcare, financial services, consumer brands and infrastructure sectors
  • Stage: Early Stage Venture, Late Stage Venture, Seed

Nirvana Ventures

Nirvana Venture Advisors invests in early-stage and market-leading companies (with established business models & market presence) in the fast-growing Indian internet and mobile segments. Their portfolio includes Unbxd, Jombay, and UrbanPro. Nirvana Venture Advisors has raised a total of $40M across 2 funds to date.

  • Founder: Amit Patni and Arihant Patni
  • Year of inception: 2011
  • Number of deals (as of 2022): 15
  • People you should know: Amit Patni, Rajan Mehra, Abishek Balendran
  • Notable investments: Unbxd, Shiprocket, Zopper, Housing.com, UrbanPro, Jombay, Games2win
  • Sector: Internet and Mobile
  • Stage: Early-stage

Kae Capital

Kae Capital is a sector agnostic firm that supports startups in the early stage. Its portfolio is varied and includes firms like 1MG, Nua, Porter, and more. Kae Capital has raised a total of $53M across 2 funds to date. Their most recent investment was on Apr 6, 2022, when 1K Kirana Bazaar raised ₹2B.

  • Founder: Sasha Mirchandani
  • Year of inception: 2010
  • Number of deals (as of 2022): 96
  • People you should know: Gaurav Chaturvedi, Navin Honagudi, Sasha Mirchandani
  • Notable investments: 1MG, Healthkart, Nua, Porter, Squareyards, Myntra, InMobi
  • Sector: Sector agnostic
  • Stage: Early Stage Venture, Seed

Elevation Capital 

Elevation Capital is an early-stage venture capital firm that focuses on consumer products and services, technology, media, education, telecom, financial services, healthcare, travel and tourism, and manufacturing. Founded in 2011, their portfolio includes high-growth startups like Meesho, BookMyShow, FamPay, etc. Elevation Capital has raised a total of $670M in a single venture fund, Fund VIII. 

  • Founder: Ravi Adusumalli
  • Year of inception: 2011
  • Number of deals (as of 2022): 101
  • People you should know: Ravi Adusumalli, Mukul Arora, Mridul Arora
  • Notable investments: Country Delight, Meesho, Sprinto, Mintifi, Acko, BookMyShow, FamPay, Brite, Journeyfront
  • Sector: Consumer products and services, technology, media, education, telecom, financial services, healthcare, travel and tourism, and manufacturing
  • Stage: Early Stage Venture

Helion Venture Partners

Helion Ventures Partners is an India-focused, early to mid-stage venture fund, investing in technology-powered and consumer service businesses. Their portfolio includes the likes of Whatfix, Slintel, Livspace, etc. Helion Venture Partners has raised a total of $519M across 2 funds to date, their latest being Fund IV. 

  • Founder: Ashish Gupta
  • Year of inception: 2006
  • Number of deals (as of 2022): 139
  • People you should know: Sanjay Chaturvedi, Sanjeev Aggarwal
  • Notable investments: Slintel, Whatfix, MoEngage, Whoopl, Toppr, Livspace, Intrcity, ShopClues, 
  • Sector: Outsourcing, internet, mobile, technology products, retail services, healthcare, education, and financial services
  • Stage: Early Stage Venture, Late Stage Venture, Private Equity, Seed

Warburg Pincus

Warburg Pincus LLC is a leading global investment firm focused on growth investing. The firm’s active portfolio focuses on the consumer, energy, financial services, healthcare, industrial & business services, real estate, and technology sectors. Their portfolio includes the likes of Biba, OLA, PVR, etc. Warburg Pincus has raised a total of $97.7B across 20 funds to date, their latest being The Warburg Pincus Asia Real Estate Fund.

  • Founder: Eric M. Warburg, Lionel I. Pincus
  • Year of inception: 1966
  • Number of deals (as of 2022): 434
  • People you should know: Rakshit Agarwal, Zubin Dubash
  • Notable investments: Boat, Biba, OLA, Helix, Airtel, Medplus, PVR, Ecom Express
  • Sector:  Consumer, Energy, Financial Services, Healthcare, Industrial & Business Services, Real Estate, and Technology sectors
  • Stage: Early Stage Venture, Late Stage Venture, Private Equity, Seed

Tiger Global Management

Founded in 2001, Tiger Global is an investment firm that deploys capital globally in both public and private markets. The firm’s fundamentally oriented investments focus primarily on the global internet, technology, telecom, media consumer, and industrial sectors. Its portfolio includes the likes of Pristyn Care, Slice, Upstox, Spinny, No Broker, and more. Tiger Global Management has raised a total of $44.9B across 10 funds to date, their latest being Tiger Global Private Investment Partners XVI. 

  • Founder: Chase Coleman
  • Year of inception: 2001
  • Number of deals (as of 2022): 1037
  • People you should know: John Curtius, Edward Huanzhong Lei 
  • Notable investments: Urban Company, Grofers, Sirion Labs, Osmind, Arcadia, Shippit, Pristyn Care, Slice, Upstox, Spinny, No Broker, Mensa Brands, CoinSwitch Kuber, Vedantu, Apna, BharatPe, Blackbuck, Moglix, ChargeBee, ShareChat, Groww, Infra.Market, and Innovacer
  • Sector: Internet, software, consumer, and financial technology industries
  • Stage: Early Stage Venture, Late Stage Venture, Post-Ipo, Private Equity, Secondary Market

100X.VC

100X.VC is the first venture fund to invest in early-stage startups using India SAFE Notes that are an alternative to convertible notes used for investments. Founded in 2019, the firm invests in femtech, wellness, agritech, cyber security, and hrtech sectors. Paperplane, Broomees, and WayFr are some of the businesses backed by 100X.VC. Their most recent investment was on Mar 29, 2022, when Paperplane raised ₹30M.

  • Founder: Shashank Randev, Sanjay Mehta
  • Year of Inception: 2019
  • Number of deals (as of 2022): 36
  • People you should know: Ninad Karpe, Vatsal kanakiya
  • Notable investments: Pilk, Papa Pawsome, WayFr, Paperplane, Broomees, Pension Box
  • Sector: Femtech, Wellness, AgriTech, Cyber Security, and HRTech sectors
  • Stage: Early-stage startup

Roots Ventures

Roots Ventures is a multi-stage, sector agnostic investment house set up by a founding team with a successful track record and a history of working together across funds and business cycles. Founded in 2018, Roots Ventures has raised a total of $30M in a single fund to date.

  • Founder: Japan Vyas, Ravinder Vashist
  • Year of Inception: 2018
  • Number of deals (as of 2022): 20
  • People you should know: Gaurav Navani, Bhavik Mehta
  • Notable investment: Smytten, Just Herbs, DailyObjects.com, Zorro, Jimmy’s Cocktails, Captain Zack
  • Sector: Sector agnostic
  • Stage: early-stage to buyout

Antler India

Antler India is a global early-stage VC investing in the E-commerce, edtech, mobility, and fintech sectors. Its portfolio includes the likes of Flint, Codedamn, Payd, and more. It is a part of Antler, which has raised a total of $75.7M across 4 funds to date. 

  • Year of Inception: 2017 (2020 launched in India)
  • Number of deals (as of 2022): 338
  • People you should know: Rajiv Srivatsa, Nitin Sharma
  • Notable investments: Gladful, Hypertype, One Key Access, Payd, Flint, The State Plate, codedamn
  • Sector: E-commerce, edtech, mobility, fintech
  • Stage: Early Stage Venture, Seed, Venture

Artha India Venture Fund

Artha India Ventures is an early-stage venture fund founded in 2013. They have a diversified portfolio with investments in fintech, retail and consumer tech, e-commerce, and logistics. Their portfolio includes the likes of Talview, Purplle, Goodloans, and more. Artha India Ventures has raised a total of ₹2.2B in a single venture fund, Artha Venture Fund I. 

  • Founder: Anirudh Damani, Ashok Kumar Damani
  • Year of Inception: 2013
  • Number of deals (as of 2022): 101
  • People you should know: Aparna Pittie, Vinod Keni
  • Notable investments: Purplle, Big Bang Food Tech, Leverage Edu, StarClinch, Talview
  • Sector: Fintech, retail and consumer tech, e-commerce and logistics
  • Stage: Early Stage Venture, Seed

 Endiya Partners

Endiya Partners, founded in 2015, invests in seed stage companies with a primary focus on Digital Transformation and Healthcare & Life-sciences. Their portfolio includes the likes of Qapita, Ekincare, Darwinbox, among others. Endiya Partners has raised a total of $100.7M across 2 funds to date, their latest being Endiya Partners Fund II.

  • Founder: Abhishek Srivastava, Dr. Ramesh Byrapaneni, Sateesh Andra
  • Year of Inception: 2015
  • Number of deals (as of 2022): 47
  • People you should know: Abhiram Katta, Rao Cherukuri
  • Notable investments: Mylo, Zluri, Qapita, Expertia.AI, ekincare, cure.fit, Sigtuple, Darwinbox
  • Sector: Product start-ups across Digital Transformation & Healthcare sectors
  • Stage: Early Stage Venture, Seed

 Alpha Wave Global

Alpha Wave Global is an investment firm that primarily invests in the early seed stage. Its main focus is on customer tech, with investments in businesses like Bounce, Delhivery, Dream11, Lenskart, etc. Alpha Wave Global has raised a total of $10.3B across 2 funds to date.

  • Year of Inception: 2012
  • Number of deals (as of 2022): 80
  • People you should know: Mohamed Nawaz Muallim, Jeff Zinkerman
  • Notable investment: Alibaba Group, Atai Life Sciences, Getir, Bounce, Biryani by Kilo, Delhivery, Dream 11, KhataBook, Lenskart, Ola, Policy Bazaar, Swiggy 
  • Sectors: Customer, Fintech, Life sciences
  • Stage: Seed and Series A 

Fireside Ventures

Fireside ventures specialize in early-stage and seed-stage ventures. Founded in 2017, the firm focuses primarily on consumer brands. Their portfolio includes the likes of Boat, Mamaearth, Slay Coffee, Bombay Shaving Company, and more. Fireside Ventures has raised a total of $152.1M across 2 funds to date.

  • Founder: Kanwaljit Singh, Vinay Singh
  • Year of Inception: 2017
  • Number of deals (as of 2022): 64
  • People you should know: Prayag Mohanty, Ankur Khaitan
  • Notable investments: Slurrp Farm, Smytten, The Sleep Company, Pilgrim, 10 Club, Boat, Mamaearth, Vahdam, Slay Coffee, Bombay Shaving Company
  • Sector: Consumer brands
  • Stage: Early Stage Venture, Seed

Gemba Capital 

Gemba Capital is an investment firm that specializes in post-seed startups that are looking for angel/bridge and pre-series A funding. Their portfolio focuses on consumer tech, SaaS. fintech, and deep tech, and includes the likes of Plum, Sleepy Cat, Airmeet, and more. Gemba Capital has raised a total of $10M in a single venture fund in May 2022.

  • Founder: Adith Podhar
  • Year of Inception: 2018
  • Number of deals (as of 2022): 31
  • People you should know: Vipul Rawal, Kamini Shivalkar
  • Notable investments: Plum, Sleepy Cat, Strata, Airmeet, Inai.io, Finly, Unnati
  • Sector: Consumer tech, Saas, FinTech and DeepTech
  • Stage: Post-seed stage

Lightbox Ventures

Lightbox is an early-stage VC firm with investments in the healthcare, fintech, commerce, and agritech sectors. Their portfolio is predominantly India-focused and includes Dunzo, PayMate, Magic Bus, Furlenco, Rebel Foods (formerly Faasos), Melorra, and Cleartrip. Lightbox has raised a total of $398.4M across 4 funds to date.

  • Founder: Sandeep Murthy, Siddharth Talwar
  • Year of Inception: 2014
  • Number of deals (as of 2022): 49
  • People you should know: Harish Talreja, Sandeep Murthy
  • Notable investments: Nua, Melorra, Truecaller, Rupeek, Cityflo, Inmobi, GreenDust, Dunzo, PayMate, Magic Bus, Furlenco, Rebel Foods (formerly Faasos), and Cleartrip
  • Sector: Healthcare, Fintech, commerce, agritech
  • Stage: Early-stage venture

Orios Venture Partners 

Orios Venture Partners is an early-stage financing firm in India. Its major focus is on the consumer, agritech, FMCG, and retail sectors. Yumlane, Country Delight, Miss Malini, Leher, and PharmEasy are some of the businesses backed by Orios Venture Partners. Orios Venture Partners has raised a total of $230M across 3 funds to date.

  • Founder: Rehan yar Khan
  • Year of Inception: 2008
  • Number of deals (as of 2022): 90
  • People you should know: Anup Jain, Prateek Kurup
  • Notable investments: Country Delight, Bolo, Elda Health, ixigo, Yumlane, Miss Malini, Leher, PharmEasy
  • Sector: Consumer, Agritech, FMCG, Retail
  • Stage: Early-stage venture

Sixth Sense Ventures

Sixth Sense Ventures is India’s first domestic consumer-centric venture fund, founded in 2014. They primarily focus on the retail and FMCG sectors. Their portfolio is made up of businesses like Phool, Just Dogs, Bombay Shaving Company, and more. Sixth Sense Ventures has, to date, raised a total of $67.7M in a single venture fund.

  • Founder: Nikhil Vora, Swati Nangalia Mehra
  • Year of Inception: 2014
  • Number of deals (as of 2022): 50
  • People you should know: Rishita Wadher, Kathan Shah
  • Notable investments: Bombay Shaving Company, Phool, Just Dogs, Prozo, GIVA, Dogsee Chew, Bira, Ethos
  • Sector: FMCG, Retail
  • Stage: Early to growth stage

Stellaris Venture Partners

Founded in 2016, Stellaris Venture Partners is an investment firm specializing in early-stage ventures. Their portfolio focuses on retail, healthcare, logistics, fintech, and consumer technology sectors. Mamaearth, Vogo, and Slintel are some of the giants backed by Stellaris Venture Partners. Stellaris Venture Partners has raised a total of $275M across 2 funds to date.

  • Founder: Alok Goyal, Rahul Chowdhri, Ritesh Banglani
  • Year of Inception: 2016
  • Number of deals (as of 2022): 57
  • People you should know: Arpit Maheshwari, Mayank Jain
  • Notable investments: Mamaearth, MFine, Vogo, Locofast, Ayu Health, CredFlow, Slintel
  • Sector: Retail, Healthcare, Logistics, Fintech, Consumer
  • Stage: Early-stage

 Agility Ventures

Founded in 2020, Agility Ventures is a multi-stage investment firm. The firm focuses on the FMCG, tech and services sectors. Its portfolio contains the likes of Gobbly, Spice Story, Funk Feets, and more. Agility Ventures has raised a total of ₹800M in a single venture fund to date.

  • Founder: Dhianu Das, Prashant Narang
  • Year of Inception: 2020
  • Number of deals (as of 2022): 16
  • People you should know: Sonika Prabhakar, Pallavi Sachan
  • Notable investments: Spice story, Gobbly, Power Gummies, Good Fettle, Funk Feets
  • Sector:  FMCG, Tech, service, and manufacturing sectors
  • Stage: Early Stage Venture, Late Stage Venture, Private Equity, Venture

IvyCap Ventures

IvyCap Ventures is an investment firm that was founded in 2011. They invest in consumer tech, software, fintech, health tech, ed-tech, deep-tech, agriculture technology, artificial intelligence and machine learning, SaaS, technology, telecommunications, and media sectors. Their portfolio includes the likes of Clovia, Bluestone, Bewakoof, eShakti, etc. IvyCap Ventures has raised a total of $348.2M across 4 funds to date, their latest being IvyCap Ventures III. This fund was announced on Feb 23, 2022, and raised a total of ₹16.1B.

  • Founder: Norbert Fernandes, Vikram Gupta, Vishal Gauri
  • Year of inception: 2011
  • Number of deals (as of 2022): 51
  • People you should know: Vikram Gupta, Kashyap Avashia, Anju Gupta
  • Notable investments: eShakti, Elucidata, Bidgely, TrillBit, Purplle, Clovia, Bluestone, Biryani By Kilo, Bewakoof
  • Sector: DeepTech, ConsumerTech, HealthTech, Fintech, EdTech, Saas, Enterprise Tech 
  • Stage: Early Stage Venture

Omidyar Network India

Omidyar Network India makes equity investments in early-stage enterprises and provides grants to non-profits. They primarily invest in the fintech, edtech, and digital tech sectors. Their portfolio includes HealthKart, Quikr, Kutuki, etc. Their most recent investment was on Apr 28, 2022, when TEAL raised ₹148M.

  • Founder: ​​Pierre Omidyar
  • Year of inception: 2004
  • Number of deals (as of 2022): 112
  • People you should know: Abhirup Sarkar, Amol Warange, Badri Pillapakkam
  • Notable investments: 1MG, Bounce, Picterra, Vyng, Novata, CredFlow, Goodera, HealthKart, iMerit, Kutuki, Quikr, Vedantu
  • Sector: Fintech, Edtech, Digital tech
  • Stage: Early Stage Venture, Seed

Mayfield Fund

Mayfield, also known as Mayfield Fund, is a US-based venture capital firm that focuses on early-stage to growth-stage investments in enterprise and consumer technology companies. Their portfolio includes the likes of Talview, SimpliLearn, MilkBasket, Licious, and more. Mayfield Fund has raised a total of $2.6B across 9 funds to date, their latest being Mayfield Select II.

  • Founder: Thomas J. Davis Jr.
  • Year of inception: 1969 (2006 in India)
  • Number of deals (as of 2022): 619
  • People you should know: Rajeev Batra, Navin Chaddha
  • Notable investment : Licious, MilkBasket, Stanford, Code2040, Berkeley, Lyft, Big panda, EnKash, Securens, SimpliLearn, Talview
  • Sector: Enterprise, Consumer, Web3, Semiconductors
  • Stage: Early stage

WestBridge Capital 

WestBridge Capital is an experienced investment firm focusing primarily on investments in India. It typically invests between £10m and £20m in SMEs. Its portfolio focuses mainly on the consumer, healthcare, and tech sectors and includes businesses like CCD, CEAT, IFB, and more. Its most recent investment was in May 2022 when Fashinza raised $60M.

  • Year of Inception: 2000
  • Number of deals (as of 2022): 32
  • People you should know: Deepak Ramineedi 
  • Notable investments: Fraazo, Cafe Coffee Day, CEAT, Astral, Flipkart, IFB, Britannia, DFM foods Ltd, TVS, Videocon, VMart
  • Sector: Consumer, Healthcare, Technology
  • Stage: Early Stage Venture

 Eight Roads Ventures

Eight Roads Ventures is a global venture capital firm founded in 1969. It invests in early-stage startups in the consumer, enterprise, fintech, and healthcare sectors. Some of the giants backed by Eight Roads Ventures are Alibaba, Chai Point, Oziva, and PharmEasy. Eight Roads Ventures has raised a total of $2.8B across 9 funds to date.

  • Founder: Eyal Rabinovich
  • Year of Inception: 1969
  • Number of deals (as of 2022): 461
  • People you should know: Ashish Venkataramani, Prem Pavoor,   Shweta Bhatia
  • Notable investments: Oziva, MoEngage, Jiffy.ai, Blueprint, Buoy, Alibaba, BankBazaar, Chai point, Ekincare, PharmEasy
  • Sector: Consumer, Enterprise, FinTech, Healthcare
  • Stage: Early Stage Venture, Late Stage Venture

 Chiratae Ventures

Chiratae Ventures is a leading tech venture capital fund focused on enabling entrepreneurs in India. Founded in 2000, the firm invests in the early-stage and seed stage, in businesses in the consumer, software, fintech, and health tech sectors. Their portfolio includes the likes of POPXO, Bounce, Flipkart, eShakti, and more. Chiratae Ventures has raised a total of $637M across 3 funds to date.

  • Founder: Sudhir Sethi, TC Meenakshisundaram
  • Year of Inception: 2000
  • Number of deals (as of 2022): 126
  • People you should know: Anoop N, Venkatesh Peddi 
  • Notable investment: Firstcry, eShakti, uSens, Squad Stack, Gamer DNA, Bizongo, Bounce, Bytelearn, Flipkart, Myntra, POPXO
  • Sector: Consumer, software, fintech, healthtech
  • Stage: Early Stage Venture, Late Stage Venture, Seed

 Jungle Ventures

Jungle Ventures is a Singapore-based, entrepreneur-backed venture firm that funds to date and helps startups scale across the Asia Pacific. It invests in global startups that are solving problems relevant to Asia Pacific markets. It mainly focuses on seed and early-stage venture investments. Their portfolio consists of startups across e-commerce, digital media, saas, fintech, big data, analytics, and enterprise domain. Zipdial, Ekstop, Pokkt, Milaap, Livspace, Sociolla, and Pomelo are some of the businesses backed by Jungle Ventures. Jungle Ventures has raised a total of $1.2B across 4 funds to date.

  • Founder: Amit Anand, Subrata Mitra
  • Year of Inception: 2012
  • Number of deals (as of 2022): 106
  • People you should know: Arpit Beri, Eric Woo
  • Notable investment: Atomberg,, , Zipdial, Ekstop, Pokkt, Milaap, Livspace, Evermos, Mio
  • Sector: Ecommerce, Digital Media, Saas, Fintech, Big Data, Analytics, Enterprise
  • Stage: Early Stage Venture, Seed

 Canaan Partners

Founded in 1987, ​​Canaan Partners specializes in all stages of development, seed financings, start-ups, growth and early stage investments, typically Series A and B financings. Its primary focus is on the technology, hardware, and healthcare sectors. Naaptol, Bharat Matrimony, iYogi, and Happiest minds are some of the giants backed by Canaan Partners. Canaan Partners has raised a total of $5.8B across 15 funds to date.

  • Founder: Eric Young, Harry T Rein
  • Year of Inception: 1987
  • Number of deals (as of 2022): 730
  • People you should know: Hootan Rashidifard, Julie Grant
  • Notable investment: The Inside, Naaptol, Bharat Matrimony, iYogi, Happiest minds, mCARBON, CarTrade, Surewaves
  • Sector: Technology- Advertising & Marketing, Big Data/Cloud, Consumer, Enterprise/SaaS, FinTech, Hardware, Healthcare – Biopharma, digital Health & MedTech
  • Stage: Early Stage Venture, Late Stage Venture

Remember, venture capital firms are not the only source of funding available for your business. If you are looking for a flexible, highly scalable, 100% digital process of raising funds to date that require no equity dilution or any guarantee, we recommend revenue-based financing. This founder-friendly approach lets founders raise funds without diluting equity or providing collateral, and the repayments happen as a percentage of monthly revenue.

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