Top Active Venture Capital Firms in India for 2025

The startup ecosystem in India is vibrant and fast-blooming, and behind every successful startup in India lies a venture capital firm that takes care of the funding, mentorship, and resources necessary to make the entrepreneurial dream come true. Here are the top active venture capital firms in India whose significant contribution lies in nurturing businesses.

What is a Venture Capital Fund?

Venture capital fund is an investment fund focusing on lending money to start-ups and small businesses that can expect high growth and need money for expansion. The money is managed by professional investors, also called venture capitalists (VCs). They earn money from wealthy individuals, corporations or institutions.

Investments by venture capital funds generally accrue early in a business’s lifecycle or during growth phases. They help the company equity or ownership in the VC. The idea is to get the company to a break-even point and return a high profit when selling their stake.

VC funding is crucial to those startups who lack access to conventional loan funding. The funding works as a boost in product development, expansion, or accessing new markets. Although investment in companies in their formative years exposes the VCs to risk, it does reap benefits if the company succeeds.

Most venture capital funds specialize in particular sectors. It includes information technology, healthcare, or fintech. Most funds are not only customer funding but also give startups mentorship, industry links, and strategic guidance to help these startups succeed. These are some of the companies that began with venture capital funding: Google, Facebook, Amazon, and many more.

Best Active Venture Capital Firms in India

Below we have listed the top venture capital firms based on seed-stage, early-stage, and growth-stages:

Seed-Stage Virtual Capital Funding Firms in India

Seed-stage funding firms in India play a critical role. They provide the initial capital and strategic guidance required for growth. Below is a detailed overview of the top seed-stage funding firms in India, including their founders and LinkedIn profiles, focus areas, notable investments, and key strengths.

1. Blume Ventures

Blume Ventures is one of India’s leading seed-stage investment firms, supporting startups across multiple sectors. Founded in 2011, Blume Ventures focuses on high-potential startups and has built a strong portfolio of over 100 companies.

• Key People: Karthik Reddy, Sanjay Nath
• Focus Areas: Edtech, SaaS, healthtech, consumer internet.
• Notable Investments: Dunzo, Classplus, Servify.
• Key Strengths: Community-driven approach, hands-on mentorship, and operational support.
• LinkedIn Profile: Blume Ventures

2.  IAN Group( Formerly Indian Angel Network)

IAN is a powerful platform connecting angel investors with startups. Established in 2006, IAN is one of Asia’s largest angel networks, with over 500 members investing in promising startups.

• Key People: Padmaja Ruparel (LinkedIn), Saurabh Srivastava (LinkedIn)
• Focus Areas: Technology, healthcare, fintech.
• Notable Investments: Druva, FabAlley, WebEngage.
• Key Strengths: Extensive network of investors, mentorship-driven approach, and deep industry insights.
• LinkedIn Profile: IAN Group

3. Venture Catalysts

Venture Catalysts is an early-stage investor offering funding and mentorship. Founded in 2015, it operates across multiple cities in India, supporting innovative startups.

• Key People: Anuj Golecha, Apoorv Ranjan Sharma, Anil Jain
• Focus Areas: Consumer tech, health tech, fintech, real estate.
• Notable Investments: Beardo, BharatPe, Fynd.
• Key Strengths: Local presence, integrated approach with co-working spaces, and strategic mentorship.
• LinkedIn Profile: Venture Catalysts

4. 100X.VC

100X.VC is a prominent seed-stage investor with a unique funding model. Launched in 2019, 100X.VC uses the iSAFE (India Simple Agreement for Future Equity) note for quick and efficient funding.

• Key People: Sanjay Mehta
• Focus Areas: Technology startups, consumer internet.
• Notable Investments: Pocketly, Yocket, BluSmart.
• Key Strengths: Transparent funding process, focus on innovation and strong founder-investor relationships.
• LinkedIn Profile: 100X.VC

5. Kalaari Capital

Kalaari Capital is a top choice for technology-focused startups. Founded in 2006, Kalaari is one of India’s oldest VC firms, focusing on early-stage ventures.

• Key People: Vani Kola, Rajesh Babu
• Focus Areas: Technology, consumer internet, e-commerce.
• Notable Investments: Myntra, Dream11, Cure.fit.
• Key Strengths: Founder-first approach, global market expertise, and a strong portfolio.
• LinkedIn Profile: Kalari Capital

6. Axilor Ventures

Axilor Ventures helps startups through funding and acceleration. Established in 2014, it aims to reduce startup mortality rates by providing tailored support.

• Key People: Kris Gopalakrishnan, SD Shibulal
• Focus Areas: Technology, fintech, healthcare, SaaS.
• Notable Investments: FreshMenu, HealthifyMe, CloudSEK.
• Key Strengths: Accelerator program, focus on scaling and structured growth plans.
• LinkedIn Profile: Axilor Ventures

7. Orios Venture Partners

Orios Venture Partners supports startups building consumer-centric brands. Founded in 2013, it focuses on investing in early-stage businesses.

• Key People: Rehan Yar Khan
• Focus Areas: Consumer tech, fintech, B2B platforms.
• Notable Investments: Pharmeasy, GoMechanic, Zupee.
• Key Strengths: Expertise in consumer markets, branding support, and strong operational guidance.
• LinkedIn Profile: Orion Venture Partners

8. Ankur Capital

Ankur Capital focuses on startups creating social and economic impact. Established in 2014, it supports businesses in underserved markets.

• Key People: Ritu Verma, Rema Subramanian
• Focus Areas: Agri-tech, healthtech, education, fintech.
• Notable Investments: CropIn, String Bio, Health Sutra.
• Key Strengths: Focus on sustainable development, personalized mentorship, and impact-driven approach.
• LinkedIn Profile: Ankur Capital

9. IndiaQuotient

IndiaQuotient supports startups with innovative and disruptive ideas. Founded in 2012, it is known for identifying emerging trends early.

• Key People: Anand Lunia
• Focus Areas: Consumer internet, social commerce, fintech.
• Notable Investments: ShareChat, LendingKart, IIMJobs.
• Key Strengths: Market expertise, focus on innovation and strategic advisory.
• LinkedIn Profile: India Quotient

10. 3one4 Capital

3one4 Capital is a seed-stage venture capital firm based in India. The firm focuses on investing in innovative startups that solve real-world problems and have the potential to scale rapidly. It is known for its hands-on approach and deep involvement in the growth of its portfolio companies.

• Key People: Pranav Pai, Siddarth Pai
• Focus Areas: Consumer Internet, SaaS and Enterprise Automation, Fintech, Climate Tech
• Notable Investments: Licious, Jupiter Money, Koo App, Darwinbox
• Key Strengths: Proactive engagement with portfolio companies, Strong focus on sustainable and scalable business models, Expertise in leveraging data and technology for growth
• LinkedIn Profile: 3one4 Capital

Table Summarizing the Top Seed-Stage Venture Capital Funding Firms in India:

Best Early-Stage Venture Capital Firms in India

India is one of the most active hubs today for early-stage venture capital (V.C.) funding. These firms empower new start-ups regarding funding, mentorship and even market access. Below, we discuss the top early-stage VC firms in India.

11. Sequoia Capital India

Sequoia Capital India is one of the most influential VC firms in India, offering early-stage funding to startups with high growth potential.

• Key People: Don Valentine (Global Founder)
• Focus Areas: Technology, Consumer Internet, Healthcare
• Notable Investments: Zomato, Byju’s, Freshworks
• Key Strengths: Deep expertise in scaling businesses, Network of founders and professionals, Access to Sequoia’s global resources
• LinkedIn Profile: Sequoia India

12. Accel India

Accel India is part of the global Accel network and is a prominent player in funding early-stage startups in India. The company is based in Bengaluru and has been operating in India since 2008.

• Key People: Subrata Mitra, Prashanth Prakash, and Mahendran Balachandran
• Focus Areas: SaaS, consumer technology, financial services
• Notable Investments: Flipkart, Swiggy, Ola
• Key Strengths: Strong track record of early-stage success, Founder-first approach, Access to Accel’s international resources
• LinkedIn Profile: Accel India

13. Matrix Partners India

Matrix Partners focuses on investing in companies at the seed, early, and growth stages, offering tailored support to help startups scale.

• Key People: Paul Ferri (Global Founder)
• Focus Areas: Consumer technology, Enterprise software, Financial technology
• Notable Investments: Dailyhunt, Razorpay, Ola Electric
• Key Strengths: Expertise in early-stage strategies, Hands-on involvement in scaling operations, Global insights adapted to Indian markets
• LinkedIn Profile: Matrix Partners India

14. Nexus Venture Partners

The company has offices in India and Silicon Valley. Nexus Venture Partners invests in early-stage companies in India that address Indian or global markets or are based out of the US with technologies relevant to India and emerging markets.

• Key People: Sandeep Singhal, Suvir Sujan, and Naren Gupta
• Focus Areas: SaaS, Consumer tech, Financial services
• Notable Investments: Unacademy, Druva, WhiteHat Jr
• Key Strengths: Focus on cross-border opportunities, Technology-driven investment approach, Network of industry advisors
• LinkedIn Profile: Nexus Venture Partners

15. Venture Catalysts

Venture Catalysts combines funding, mentorship, and market access to empower early-stage startups.

• Key People: Apoorv Ranjan Sharma, Anuj Golecha
• Focus Areas: Consumer Internet, Healthtech, Fintech
• Notable Investments: Beardo, BharatPe, Fynd
• Key Strengths: Extensive investor network, Integrated funding and incubation approach, Regional focus for localized startups
• LinkedIn Profile: Venture Catalysts

16. Orios Venture Partners

Orios Venture Partners is an early-stage VC firm focusing on sectors with long-term growth potential.

• Key People: Rehan Yar Khan
• Focus Areas: Consumer tech, Fintech, B2B technology
• Notable Investments: Pharmeasy, GoMechanic, Zupee
• Key Strengths: Branding expertise, Extensive market insights, Strong portfolio management
• LinkedIn Profile: Orios Venture Partners

17. Ankur Capital

Ankur Capital invests in innovative startups solving problems in underserved markets.

• Key People: Ritu Verma, Rema Subramanian
• Focus Areas: Agri-tech, Healthtech, Education
• Notable Investments: CropIn, String Bio, Health Sutra
• Key Strengths: Focus on sustainable businesses, Personalized mentorship for entrepreneurs, Expertise in emerging sectors
• LinkedIn Profile: Ankur Capital

Table Summarizing the Early Stage Venture Capital Funds in India:

Top Growth-Stage Virtual Capital Firms in India

Growth-stage venture capital funds are a must for scaling established startups. These funds help startups to expand operations, enter new markets, and increase profitability. India has several such VC funds that provide substantial investments, industry expertise, and global connections. Below are some of the best growth-stage VC funds in India.

18. SAIF Partners (Now Elevation Capital)

Elevation Capital focuses on investing in growth-stage companies with scalable business models and significant market potential.

• Key People: Ravi Adusumalli
• Focus Areas: Consumer Technology, Financial Services, Healthcare
• Notable Investments: Paytm, FirstCry, Urban Company
• Key Strengths: Hands-on operational support, Strong network across industries, Expertise in scaling businesses in emerging markets
• LinkedIn Profile: Elevation Capital

19. Multiples Alternate Asset Management

Multiples is a growth-stage VC fund focused on high-growth Indian companies with proven business models.

• Key People: Renuka Ramnath
• Focus Areas: Financial services, Healthcare, Consumer businesses
• Notable Investments: Dream11, Delhivery, BillDesk
• Key Strengths: Expertise in structured deals, Strong focus on operational excellence, Long-term investment approach
• LinkedIn Profile: Multiples Alternate Asset Management

20. Premji Invest

Premji Invest, founded by Wipro’s Azim Premji, invests in growth-stage companies across various sectors.

• Key People: Azim Premji
• Focus Areas: Consumer brands, Technology, Financial services
• Notable Investments: PolicyBazaar, Lenskart, BigBasket
• Key Strengths: Deep understanding of Indian markets, Strategic support for portfolio companies, Focus on high-growth potential startups
• LinkedIn Profile: Premji Invest

21. Chiratae Ventures (Formerly IDG Ventures)

Chiratae Ventures provides growth capital to companies that have demonstrated significant market traction.

• Key People: Sudhir Sethi
• Focus Areas: Technology, Healthcare, Consumer products
• Notable Investments: Manthan Systems, Bounce, Cure.fit
• Key Strengths: Collaborative approach with entrepreneurs, Sector-specific expertise, Focus on long-term partnerships
• LinkedIn Profile: Chiratae Ventures

22. Avendus Capital

Avendus Capital focuses on investing in high-growth businesses with proven revenue streams and growth potential.

• Key People: Ranu Vohra, Gaurav Deepak, Kaushal Aggarwal
• Focus Areas: Fintech, Consumer brands, Technology
• Notable Investments: Pepperfry, Nykaa, Lenskart
• Key Strengths: Strong financial advisory expertise, Access to global markets, Focus on high-value growth opportunities
• LinkedIn Profile: Avendus Capital

23. IvyCap Ventures

IvyCap Ventures focuses on empowering growth-stage startups with capital and mentorship, leveraging its network of IIT alumni.

• Key People: Vikram Gupta
• Focus Areas: Consumer brands, Edtech, SaaS
• Notable Investments: Purplle, Bewakoof.com, Biryani By Kilo
• Key Strengths: Strong alumni network support, Strategic mentorship programs, Focus on scalable models
• LinkedIn Profile: IvyCap Ventures

24. TVS Capital Funds

TVS Capital Funds is a leading growth-stage investor focusing on Indian family-owned and professionally run businesses.

• Key People: Gopal Srinivasan
• Focus Areas: Financial services, Healthcare, Consumer goods
• Notable Investments: Nykaa, Paytm Mall, Digit Insurance
• Key Strengths: Emphasis on professionalizing businesses, Deep expertise in scaling mid-sized firms, Long-term growth support
• LinkedIn Profile: TVS Capital Funds

25. Kotak Investment Advisors

Kotak Investment Advisors is the investment arm of Kotak Mahindra Bank, focusing on growth-stage businesses.

• Key People: Uday Kotak
• Focus Areas: Financial services, Real estate, Consumer technology
• Notable Investments: Pine Labs, MFine, InCred
• Key Strengths: Strong financial backing, Focus on sustainable growth models, Access to Kotak’s extensive network
• LinkedIn Profile: Kotak Investment Advisors

26. Gaja Capital

Gaja Capital focuses on mid-sized, growth-stage businesses in India across multiple sectors.

• Key People: Gopal Jain, V. Shankar
• Focus Areas: Education, Consumer goods, Healthcare
• Notable Investments: CL Educate, John Distilleries, Bakers Circle
• Key Strengths: Focus on underserved sectors, Expertise in growth strategies, Hands-on approach with management teams
• LinkedIn Profile: Gaja Capital

27. Lightbox Ventures

Lightbox Ventures is a growth-stage fund with a focus on consumer technology and innovation-driven startups.

• Key People: Sid Talwar, Prashanth Prakash
• Focus Areas: Consumer Internet, E-commerce, Technology
• Notable Investments: Rebel Foods, Furlenco, Ather Energy
• Key Strengths: Creative problem-solving approach, Extensive consumer market insights, Focus on digital transformation
• LinkedIn Profile: Lightbox Ventures

Table Summarizing the Growth Stage Venture Capital Firms in India:

How to Evaluate a Venture Capital Firm?

You must choose a good venture capital firm that is relevant to your startup. Not all VCs are synonymous. , Hence properly selecting one that adheres to one’s goals makes all the difference. Here are some selected parameters to evaluate a VC funding company:

• Check Focus Area and Expertise:

Does the VC correlate his or her business with the industry or business model area? If it does, then the provided VC is very much worth getting some financial backing: experience and advice around networking events must be considered.

• Look at History

How about companies that form up their portfolio? Check for what companies had gotten into his purse and how they have turned out so far. The better the portfolio-before-a-potential-borrower, the more experience and relative reliability it portrays.

• Stage of Investment

Most VCs want either early-stage businesses or recently matured but emerging firms growing in their respective key or targeted marketplace. It would be well to find out if the VC has investments meant for specific company age groupings.

• Reputation and Network

All of this may be happening in a pretty fancy glass bubble that is the startup ecosystem. Find out if the ‘good’ VC has endowed those networks with numerous advisors, mentors, and, of course, industry connections that would suit your business.

• Terms and Conditions

Look into the conditions under which particular equity stakes, valuations, and control rights have been set up. The terms must be elucidated and fair and still must allow retaining control of your business.

• Value-Added Support

Determine just whether the VC will add something else to the capital. Mentors? Operations support? Scaling up? Those are vital.

• Long Term Fit

He will probably remain your VC partner for many years down the line. It is, thus, fitting to evaluate whether his vision, values, and strategy would resonate well with those of the entrepreneur.

With this analysis, you will be able to reach that further stage where the venture capital funding company invests in the business rather than just funding it.

More Articles on Funding:

• Top Lending Companies in India for Funding Small Businesses
• Top Active Angel Investors in India
• How to Attract Angel Investors for Startup Funding

FAQs on Venture Capital Funding

Who provides venture capital funding?

Venture capital funding is provided by a variety of companies and individuals. Some of them are listed below:

• Venture capital firms
• Individual investors
• Funds that pool money from wealthy individuals, corporations, and institutions.

Which companies are eligible for venture capital funding?

VC funding is typically aimed at startups and small businesses. Companies in technology, healthcare, and fintech often attract venture capital.

What stages of a business attract VC funding?

VC funding is available for various stages. They are:

• Seed Stage: For developing the idea and building the product.
• Early Stage: For scaling initial operations.
• Growth Stage: For expanding markets and operations.

What do venture capitalists look for in startups?

VCs evaluate a wide range of factors before investing in a company. Some of them are listed below:

• Market potential
• Unique product/service
• Team expertise
• Scalability
• Potential for high returns.

Do VCs only provide money?

No, other than money, VCs also offer mentorship, industry connections, strategic advice, and operational support to help startups grow.

What are the risks of VC funding?

The main risks are as follows:

• Losing a significant ownership stake
• Reduced control over decisions
• Pressure to achieve rapid growth.

How do I approach a venture capital firm?

Some of the steps to follow to approach a venture capital firm are listed below:

• Create a strong business plan
• Identify VCs that align with your industry
• Pitch your idea effectively
• Highlight market potential and your team’s strengths.

How do VCs make money?

VCs earn returns by selling their equity stake in a business through acquisitions. They also earn through mergers, or IPOs.

Is venture capital the same as private equity?

No. Venture capital focuses on startups and early-stage companies. On the other hand, private equity invests in established businesses.