# Sushma Kaushik

> Sushma Kaushik is a Series B investor at Larsen & Toubro backing Financial Services and Apps. See 8 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Larsen & Toubro](https://shizune.co/investors/profile/larsen-toubro-limited)
- Location: Mumbai, India
- Total investments: 8
- Last investment: Nov 2022
- Lead investor: 38%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/sushmakaushik/
- Website: https://x.com/sushmakaushik1
- Facebook: https://www.facebook.com/sushma.sahni

Sushma Kaushik is a Series B investor at Larsen & Toubro in Mumbai focused on Financial Services and Apps. Sushma Kaushik is based out of Mumbai, Maharashtra and is the Head of Innovation Fund of Larsen & Toubro. Sushma previously worked at 108 Capital as Partner. Sushma Kaushik attended RV College Of Engineering.

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $5M–$13M |
| Series B | $5.4M–$31M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 3 | 38% |
| Apps | 2 | 25% |
| Banking | 2 | 25% |
| FinTech | 2 | 25% |
| Music | 1 | 13% |

16 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 3 | 38% |
| Series A | 2 | 25% |
| Seed | 1 | 13% |
| Pre-Seed | 1 | 13% |
| Funding Round | 1 | 13% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| MoooFarm | MoooFarm is an information technology company that specializes in agTech and uses global leadership and expertise in the areas of skills, agribusiness, and technology to drive social change in developing countries such as India. MoooFarm enhances rural farmers’ access to better technology by inserting a complete dairy farm management tool with abuilt-in e-commerce platform into the dairy farming process of rural India. | $13M | Series A | Nov 30, 2022 |  |
| LEO1 | Financepeer is a unique peer to peer lending platform designed to address financial needs of self-employed, entrepreneurs & salaried individuals through a highly secure, digital medium. | $30.9M | Series B | Apr 20, 2022 |  |
| Altum Credo | Altum Credo Home Finance (ACHF) is a Housing Finance Company Registered with National Housing Bank (NHB). Head Quartered at Pune, they aim to expand in various locations, Cities and States in the near future. Cater to Home Finance needs of customer segment which has limited access to Long Term Finance & provide best in class personalizedservice at affordable cost with key thrust on “Convenience, Relevance & Simplicity”. Altum Credo is promoted by three professional entrepreneur with rich experience in retail asset lending with leading banks and financial institution. | $10.5M |  | Nov 22, 2021 |  |
| Altum Credo | Altum Credo Home Finance (ACHF) is a Housing Finance Company Registered with National Housing Bank (NHB). Head Quartered at Pune, they aim to expand in various locations, Cities and States in the near future. Cater to Home Finance needs of customer segment which has limited access to Long Term Finance & provide best in class personalizedservice at affordable cost with key thrust on “Convenience, Relevance & Simplicity”. Altum Credo is promoted by three professional entrepreneur with rich experience in retail asset lending with leading banks and financial institution. | $11.8M | Series B | Nov 22, 2021 |  |
| Chqbook | Chqbook, a Gurugram based fintech startup, is building India’s first Market Place Bank for Small Business Owners (across SMEs, HoReCa, and Kiranas) and their employees. Chqbook is helping business owners through five pillars of accounts, lending, insurance, rewards, and knowledge. Chqbook uses alternate data and works with credit bureaus, partners,and financial institutions to provide financial services to over 12,000 business owners per month and process over 40,000 customer applications per month.Chqbook App Offers over 60 products with zero-fee and negotiated rates – a massive choice to its customers across business loans and credit cards, all in one place. The startup has served over 200,000 customers across 20 cities.Chqbook is a winner of many prestigious awards like Fintech Rocketship Award 2019 under the UK-India Fintech Rocketship Programme, Tech30 at TechSparks 2019, and 2018 SuperStartups Asia Awards. | $5.4M | Series B | Sep 23, 2021 |  |
| STAGE | STAGE is an Indian language content platform for artist-led entertainment. | $1M | Pre-Seed | Nov 26, 2020 |  |
| STAGE | STAGE is an Indian language content platform for artist-led entertainment. |  | Seed | Nov 26, 2020 |  |
| Chqbook | Chqbook, a Gurugram based fintech startup, is building India’s first Market Place Bank for Small Business Owners (across SMEs, HoReCa, and Kiranas) and their employees. Chqbook is helping business owners through five pillars of accounts, lending, insurance, rewards, and knowledge. Chqbook uses alternate data and works with credit bureaus, partners,and financial institutions to provide financial services to over 12,000 business owners per month and process over 40,000 customer applications per month.Chqbook App Offers over 60 products with zero-fee and negotiated rates – a massive choice to its customers across business loans and credit cards, all in one place. The startup has served over 200,000 customers across 20 cities.Chqbook is a winner of many prestigious awards like Fintech Rocketship Award 2019 under the UK-India Fintech Rocketship Programme, Tech30 at TechSparks 2019, and 2018 SuperStartups Asia Awards. | $5M | Series A | Mar 02, 2020 |  |

8 of 8 investments shown.

## Co-investors
- [Amicus Capital Partners](https://shizune.co/investors/profile/amicus-capital-partners) — VC Fund, 2 deals together
- [Venture Catalysts](https://shizune.co/investors/profile/venturecatalysts) — VC Fund, 2 deals together
- [100Unicorns](https://shizune.co/investors/profile/9unicorns) — VC Fund, 1 deal together
- [Accel](https://shizune.co/investors/profile/accel) — VC Fund, 1 deal together
- [Aditya Birla Ventures](https://shizune.co/investors/profile/aditya-birla-ventures) — VC Fund, 1 deal together
- [APPYHIGH](https://shizune.co/investors/profile/appyhigh) — VC Fund, 1 deal together

## About Larsen & Toubro

VC Fund · Mumbai, India

Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. L&T addresses critical needs in key sectors - Hydrocarbon, Infrastructure, Power, Process Industries and Defense - for customers in over 30 countries around the world.L&T is engaged in core,high impact sectors of the economy and their integrated capabilities span the entire spectrum of ‘design to deliver’. With over 7 decades of a strong, customer focused approach and a continuous quest for world-class quality, they have unmatched expertise across Technology, Engineering, Construction, Infrastructure Projects and Manufacturing, and maintain a leadership in all their major lines of business.Every aspect of L&T's businesses is characterised by professionalism and high standards of corporate governance. Sustainability is embedded into their long-term strategy for growth.The Company’s manufacturing footprint extends across eight countries in addition to India. L&T has several international offices and a supply chain that extends around the globe.

5 contacts available at Larsen & Toubro.

| Name | Title | Profile |
| --- | --- | --- |
| Sushma Kaushik | Head of Innovation Fund | https://shizune.co/investors/profile/sushma-kaushik |
| Asif Lalani | Program Delivery and Customer Success Leader | https://shizune.co/investors/profile/asif-lalani |
| D. K. Sen | Whole-time Director & Sr. Executive Vice President | https://shizune.co/investors/profile/d-k-sen |
| Kanishka Kumar | Senior Director | https://shizune.co/investors/profile/kanishka-kumar-70a6 |
| Milan Kumar | Head-Operations (North), India, Renewable Business & Head Special Initiative | https://shizune.co/investors/profile/milan-kumar-2 |

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## FAQ

### What does Sushma Kaushik invest in?

Sushma Kaushik invests primarily in Financial Services, Apps and Banking startups, most often at Series B and Series A stage. Most of the 8 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Sushma Kaushik's check size?

Sushma Kaushik typically joins rounds of $5M–$13M at Series A and $5.4M–$31M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Sushma Kaushik participates in.

### When did Sushma Kaushik last invest?

The most recent investment recorded for Sushma Kaushik closed in Nov 2022. Shizune tracks 8 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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