# Hindon Mercantile

> Hindon Mercantile is a VC fund in New Delhi backing Solar, Logistics and Oil and Gas. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: New Delhi, India
- Total investments: 2
- Last investment: Mar 2026
- Lead investor: 50%
- Last updated: Aug 2026
- Website: https://hindon.co

Hindon Mercantile is a company that provides customers with seamless access to funding.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Solar | 1 | 50% |
| Logistics | 1 | 50% |
| Oil and Gas | 1 | 50% |
| Electric Vehicle | 1 | 50% |
| Service Industry | 1 | 50% |

6 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Post-IPO Equity | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Mufin Green Finance | Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market. | $35.3M | Post-IPO Equity | Mar 11, 2026 |  |
| Urja Mobility | Urja Mobility offers high-performance hydrogen fuel cell systems for a wide range of mobility applications. Our unique fuel cell devices are the first of their type, developed entirely in India, and are suitable for a wide range of applications, including ground and aerial transport. | $11.9M | Seed | Oct 09, 2024 |  |

2 of 2 investments shown.

## Co-investors
- [DS Group](https://shizune.co/investors/profile/ds-group) — VC Fund, 1 deal together
- [MMG Group Family Office](https://shizune.co/investors/profile/mmg-group-family-office) — VC Fund, 1 deal together
- [Mufin Green Finance](https://shizune.co/investors/profile/mufin-green-finance) — VC Fund, 1 deal together
- [SageOne](https://shizune.co/investors/profile/sageone) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Chevron Technology Ventures](https://shizune.co/investors/profile/chevron-technology-ventures) — VC Fund
- [Evok Innovations](https://shizune.co/investors/profile/evok-innovations) — VC Fund
- [Scottish Enterprise](https://shizune.co/investors/profile/scottish-enterprise) — VC Fund

### Similar stage
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### Similar country
- [Titan Capital](https://shizune.co/investors/profile/titan-capital) — VC Fund
- [Inflection Point Ventures](https://shizune.co/investors/profile/inflection-point-ventures-d275) — VC Fund
- [Blume Ventures](https://shizune.co/investors/profile/blume-ventures) — VC Fund

## Featured in investor lists
- [Oil and Gas VC Funds in India](https://shizune.co/investors/oil-and-gas-vc-funds-india)
- [Oil and Gas Investors in India](https://shizune.co/investors/oil-and-gas-investors-india)

## FAQ

### What does Hindon Mercantile invest in?

Hindon Mercantile invests primarily in Solar, Logistics and Oil and Gas startups, most often at Seed and Post-IPO Equity stage. Most of the 2 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Hindon Mercantile last invest?

The most recent investment recorded for Hindon Mercantile closed in Mar 2026. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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