# New India Investment Corporation

> New India Investment Corporation is a VC fund in Toronto backing FinTech and Finance. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Toronto, Canada
- Total investments: 1
- Last investment: Jul 2015
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://newindiainvestment.com/

New India Investment Corporation is a VC fund in Toronto focused on FinTech and Finance. New India Investment Corp. (NIIC), a subsidiary of Gravitas Financial Inc., is a special purpose vehicle created to invest directly in Indian opportunities. NIIC’s focus is to generate long-term capital appreciation by leveraging their local knowledge and global investment experience. They align theirselves with companies that have a talentedmanagement team dedicated to building stakeholder value. Their goal is to act as a catalyst; taking a strategic role in their investee companies, maximizing their growth potential and creating industry-leading businesses.Their network spans from North America to India and cuts across numerous areas and sectors, with key members of their team having firsthand experience doing business in India. Their local knowledge allows us to navigate the country’s complex but lucrative business landscape, giving us a unique ability to identify high-growth projects not available to most international investors.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 1 | 100% |
| Finance | 1 | 100% |
| Payments | 1 | 100% |
| Software | 1 | 100% |
| Financial Services | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Innoviti | Innoviti develops payments processing, credit distribution, and payments management software solutions. It offers uniPAY, a unified payment and card management system for retailers; quickEMI, a solution that provides consumers the option of paying for their purchases in installments on their credit cards; pgEMI, a solution that provides consumersthe option of paying for their purchases in installments; and fastCollect, an automated collection technology for banks and retailers/online megastores. Innoviti serves markets, such as retail, mobile, lifestyle, entertainment, jewelry, education, cabs, holidays, hotels, restaurants, wellness, healthcare, online, and banks. | $3.6M | Series A | Jul 20, 2015 |  |

1 of 1 investments shown.

## Co-investors
- [Catamaran](https://shizune.co/investors/profile/catamaran-ventures) — VC Fund, 1 deal together
- Tamilnadu Industrial Development Corporation — VC Fund, 1 deal together
- [Tata Group](https://shizune.co/investors/profile/tata-group) — VC Fund, 1 deal together
- Titan Company — VC Fund, 1 deal together

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### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does New India Investment Corporation invest in?

New India Investment Corporation invests primarily in FinTech, Finance and Payments startups, most often at Series A stage. Most of the 1 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did New India Investment Corporation last invest?

The most recent investment recorded for New India Investment Corporation closed in Jul 2015. Shizune tracks 1 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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