# Thirteen Initiatives

> Thirteen Initiatives is a VC fund in Mumbai backing Apps, Sports and FinTech. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 5
- Last investment: Apr 2022
- Lead investor: 20%
- Last updated: Aug 2026
- Website: https://www.thirteen-initiatives.com/

Thirteen Initiatives is a VC fund in Mumbai focused on Apps and Sports. We are a passionate group of builders who have built businesses in the financial services, real estate, and technology sectors. We love to build and we love builders. If you are an early-stage entrepreneur, at the pre-seed or seed-stage building an amazing business, reach out to us. We would love to have a chat.Why are we Thirteen?Because welove FOCUS. We believe focus is what makes execution great. And great execution builds great companies. ​Hence, we have decided to back only 13 companies, one per partner, at a given time. We will add more only when we exit/ stop active focus on a previous one.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Apps | 1 | 20% |
| Sports | 1 | 20% |
| FinTech | 1 | 20% |
| Consumer | 1 | 20% |
| Communities | 1 | 20% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 40% |
| Pre-Seed | 2 | 40% |
| Series A | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Monafa | Monafa enables users to pay off their home loans faster and save thousands of dollars in interest. Monafa was founded in 2021. |  | Pre-Seed | Apr 14, 2022 |  |
| Playo | Playo is the one-stop sports app to help bring back "play" in our everyday lives. Playo empowers local communities to make new play pals, organize playgroups, share information/experiences and discover sporting venues/activities. Playo is a singular destination for sports, fitness, fun and all things recreational. |  | Series A | Oct 01, 2021 |  |
| Hesa | Hesa unifies value chains in rural India by enabling local brands and businesses to come together as a community. | $2M | Seed | Jun 30, 2021 |  |
| The Hosteller | The Hosteller creates happy memories for our travellers in 18+ different locations and continue to expand with gusto. |  | Pre-Seed | Sep 04, 2020 |  |
| AjnaLens | AjnaLens develops AR/VR wearables primarily for the Defence, Education and enterprise customers. They have 3 wearables currently :AjnaLite - is a standalone wireless headset with both seethrough AR + VR capabilities.AjnaBolt - is a military-grade AR headset currently deployed in Indian Armed Forces.AjnaOne - enterprise AR/MRGlasses. Set to be released in early 2020. | $1.5M | Seed | Feb 27, 2020 |  |

5 of 5 investments shown.

## Co-investors
- [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
- [Accelerator Fund](https://shizune.co/investors/profile/accelerator-fund) — VC Fund, 1 deal together
- [Faad Network](https://shizune.co/investors/profile/faad-network) — VC Fund, 1 deal together
- [Inflection Point Ventures](https://shizune.co/investors/profile/inflection-point-ventures-d275) — VC Fund, 1 deal together
- [Keiretsu Forum](https://shizune.co/investors/profile/keiretsu-forum) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Thirteen Initiatives invest in?

Thirteen Initiatives invests primarily in Apps, Sports and FinTech startups, most often at Seed and Pre-Seed stage. Most of the 5 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Thirteen Initiatives last invest?

The most recent investment recorded for Thirteen Initiatives closed in Apr 2022. Shizune tracks 5 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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