# Nirmal Jain

> Nirmal Jain is a seed investor at India Infoline Ltd backing News and SaaS. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: Angel Investor
- Fund: India Infoline Ltd
- Location: Mumbai, India
- Total investments: 4
- Last investment: Sep 2023
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/nirmal-jain-3206a059/?ppe=1

Nirmal Jain is a seed investor at India Infoline Ltd in Mumbai focused on News and SaaS. Nirmal Jain, Founder and Chairman of IIFL Group, is a first generation entrepreneur, who is credited with building one of the largest financial services groups in India in just about two decades. He is a PGDM (Post Graduate Diploma in Management) from IIM, Ahmedabad, a rank holder Chartered Accountant and a Cost Accountant. Mr Jain began his careerin 1989 with Hindustan Lever Limited, the Indian arm of Unilever. In 1995, he founded his own equity research company, which is today known as India Infoline or IIFL Group.

## Contacts

5 contacts available for Nirmal Jain: work email, personal email, work phone, personal phone and socials. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-email/nirmal-jain-2?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| News | 1 | 25% |
| SaaS | 1 | 25% |
| Analytics | 1 | 25% |
| Publishing | 1 | 25% |
| Real Estate | 1 | 25% |

12 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 25% |
| Angel | 1 | 25% |
| Series A | 1 | 25% |
| Funding Round | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Data Sutram | Data Sutram is an AI-based Location Intelligence Enterprise with a Cloud-based B2B product that works on a Data As A Service business model to help businesses 1. Pinpoint New Locations for Expansion 2. Improve the performance of their existing physical & digital assets. 3. Finding the right Audience for a business.They are currently focussedon Retail, E-Commerce, Agritech, Real Estate, BFSI. | $3M | Series A | Sep 26, 2023 |  |
| hBits | hBits is an online real estate ownership tech platform. | $2.5M | Angel | Sep 10, 2022 |  |
| Data Sutram | Data Sutram is an AI-based Location Intelligence Enterprise with a Cloud-based B2B product that works on a Data As A Service business model to help businesses 1. Pinpoint New Locations for Expansion 2. Improve the performance of their existing physical & digital assets. 3. Finding the right Audience for a business.They are currently focussedon Retail, E-Commerce, Agritech, Real Estate, BFSI. |  | Seed | Sep 30, 2021 |  |
| ThePrint | Printline Media is a venture that publishes, ThePrint.in, a news, analysis, opinion and knowledge venture, launched in August 2017 by editor Shekhar Gupta. It focuses on politics and policy, government, and governance. Its leadership team includes India’s most experienced and respected journalists with proven track records in the finest newsorganizations.The news organization is headquartered in New Delhi and is in the process of building a network across India because we believe in investing in investigative and questioning journalism. | $5.3M |  | Jul 11, 2017 |  |

4 of 4 investments shown.

## Co-investors
- [Bharat Innovation Fund](https://shizune.co/investors/profile/bharat-innovation-fund) — VC Fund, 1 deal together
- [InCred Capital](https://shizune.co/investors/profile/incred-capital) — VC Fund, 1 deal together
- [Singularity Growth Opportunities Fund](https://shizune.co/investors/profile/singularity-growth-opportunities-fund) — VC Fund, 1 deal together
- [Snow Leopard Technology Ventures](https://shizune.co/investors/profile/snow-leopard-technology-ventures) — VC Fund, 1 deal together
- [String Ventures](https://shizune.co/investors/profile/string-ventures-efe8) — VC Fund, 1 deal together
- [White Venture Capital](https://shizune.co/investors/profile/white-venture-capital) — VC Fund, 1 deal together

## About India Infoline Ltd

VC Fund

India Infoline Ltd

1 contacts available at India Infoline Ltd.

| Name | Title | Profile |
| --- | --- | --- |
| Nirmal Jain | Chairman | https://shizune.co/investors/profile/nirmal-jain-2 |

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## FAQ

### What does Nirmal Jain invest in?

Nirmal Jain invests primarily in News, SaaS and Analytics startups, most often at Seed and Angel stage. Most of the 4 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Nirmal Jain?

Public channels for Nirmal Jain include LinkedIn. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### When did Nirmal Jain last invest?

The most recent investment recorded for Nirmal Jain closed in Sep 2023. Shizune tracks 4 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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