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Top 5 Cannabis VC Funds & Investors in India (August 2026)

The most active venture capital funds investing in India Cannabis startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in India Cannabis startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Mumbai Angels
VC Fund
3 India, United States, Singapore Seed, Angel Software, E-Commerce, Food and Beverage $115k–$3M
Hindustan Media Venture
VC Fund
1 India, United Kingdom Seed, Venture - Series Unknown, Series A Financial Services, Information Technology, Video $1M–$7.9M
Pharmacon Holdings
VC Fund
1 India Seed Cannabis, Alternative Medicine
AngelList
VC Fund
1 United States, India, Canada Seed, Series A, Pre-Seed Software, Artificial Intelligence, FinTech $100k–$23M
Zero To One Fund
VC Fund
1 India Seed, Pre-Seed, Venture - Series Unknown Medical, Organic, Cannabis
Access all 9 VC funds in India Cannabis startups.

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Mumbai Angels
VC Fund · Mumbai, Maharashtra, India · 3 investments in India Cannabis startups

Find the best online casino in India for real money in 2026. Compare bonuses, UPI payments, and withdrawals. Play smarter, start here.

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Investment focus

  • Industry: Software, E-Commerce, Food and Beverage
  • Stage:Seed, Angel
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 233
  • Round size: Seed $324k–$3M; Angel $115k–$1M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • WitBlox — Witblox is an Electronic Building Blocks for endless innovations designed and developed by TechShiksha. WitBlox is all about imagination & inspiration.
  • WittyParrot — Is a sustainable and innovative company that provides residential & commercial waste collection services to rural America.
  • Insta Health — Insta by Practo is the best software for the Hospital Management System. It empowers you with a platform to run financial, clinical & operational processes
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Hindustan Media Venture
VC Fund · New Delhi, Delhi, India · 1 investments in India Cannabis startups

HMVL is the publisher of ‘Hindustan’, the second largest Hindi newspaper daily based on total readership. The newspaper has a strong readership base in Bihar, Jharkhand and Uttar Pradesh. HMVL is a 75% subsidiary of the HT Media group.

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Investment focus

  • Industry: Financial Services, Information Technology, Video
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: India, United Kingdom

Investor stats

  • Total investments: 16
  • Round size: Seed $1M–$7.5M; Series A $5.5M–$7.9M; Venture - Series Unknown $2.4M–$7.4M
  • Lead/follow: 81% lead, 19% follow

Portfolio highlights

  • Alt DRX — Invest in Real Estate 1 SQFT at a time.
  • Pure EV — Pure EV is a motor vehicle company that develops e-mobility and energy storage systems for the EV industry. The company focused on building products beloved by mass consumers and building a trustworthy brand name in EV and ESS business verticals. It manufactures electric two-wheeler under the brand “PURE EV” and high-performance Lithium batteriesunder the brand “PURE Lithium”.
  • Xtended Space — Xtended Space is your one-stop solution for logistics and storage needs, trusted by big brands for our commitment to safety and reliability.
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Pharmacon Holdings
VC Fund · 1 investments in India Cannabis startups

Pharmacon Holdings operates as a pharma tech company.

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Investment focus

  • Industry: Cannabis, Alternative Medicine
  • Stage:Seed
  • Geography: India

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Hempstreet Medicare — Find premium cannabis-based medicines at HempStreet that are well-researched and evidence-based. Safe, effective, and innovative solutions for better health.
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AngelList
VC Fund · San Francisco, California, United States · 1 investments in India Cannabis startups

Apply privately to 130,000+ remote jobs and startup jobs near you with one application. See salary and equity upfront. Find the latest tech jobs, company overviews, benefits and more at AngelList Talent.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 181
  • Round size: Seed $343k–$4M; Pre-Seed $100k–$1.8M; Series A $2.8M–$23M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: Likely still investing — raised $25M in 2021

Portfolio highlights

  • Datakrew — Datakrew delivers real-time EV battery analytics and AI-powered fleet intelligence. Smarter, safer fleets start here. Explore our solutions.
  • PodcastAI — Upload one episode. PodcastAI generates transcripts, clips, social posts, a website, and distribution automatically.
  • Hardline — Hardline, the AI-powered platform for construction teams, transforms jobsite communication into actionable summaries and detailed documentation.
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Zero To One Fund
VC Fund · New Delhi, Delhi, India · 1 investments in India Cannabis startups

Zero to One Fund is a financial services firm that supports entrepreneurs by providing them monetary and experiential capital.

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Investment focus

  • Industry: Medical, Organic, Cannabis
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: India

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Cannarma — Buy India Ultra Premium CBD Oil, Hemp Seed Oil, Hemp Pain Relief Oil, Hemp Pain Balm, Hemp Cosmetic, Hemp Nutraceutical & Hemp Supplement products.
  • Favcy — We Co-Build with you
  • Terra Food Co. — Hungry? Satisfy your cravings with easy online food orders. Click now for a delicious feast delivered to your doorstep!
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Cannabis VC funding in India at a glance

Stats across 6 deals from 9 investors.

9
investors
in India Cannabis startups
6
deals
in India Cannabis startups
$275k
median round
in India Cannabis startups
33%
lead investors
lead at least one round
83%
Seed
most common funding stage

Access all 9 VC funds in India Cannabis startups.

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