# Vineet Rai

> Vineet Rai is a Series A investor at Aavishkaar Venture Capital backing AgTech and Finance. See 12 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Aavishkaar Venture Capital](https://shizune.co/investors/profile/aavishkaar-goodwell)
- Location: Mumbai, India
- Total investments: 12
- Last investment: Oct 2020
- Lead investor: 83%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/vineet-rai-536160/
- X (Twitter): http://twitter.com/Raivineet

Vineet Rai is a Series A investor at Aavishkaar Venture Capital in Mumbai focused on AgTech and Finance. Vineet Rai is the Co-founder and Chairman at Intellecap.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| AgTech | 2 | 17% |
| Finance | 2 | 17% |
| Agriculture | 2 | 17% |
| Food and Beverage | 2 | 17% |
| Financial Services | 2 | 17% |

22 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 3 | 25% |
| Seed | 2 | 17% |
| Series B | 2 | 17% |
| Funding Round | 2 | 17% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Ergos | Ergos is building an integrated supply chain by setting up micro warehouses. Ergos is a transformational bank for the farmer which leverages technology to seamlessly provide custodial services (warehousing, loans, and market-linkages, enabling the farmer to convert his produce to a financial asset.Through their grid of digitally connected ruralmicro warehouses, they enable farmers to store their produce, avoid distress sales during harvest season, reduce wastage by scientific warehousing, tide over their immediate liquidity/ financing needs by working with NBFCs/ Banks, and thereby empower farmers to sell their produce as and when they desire, thereby resulting in farmers achieving 25%-30% higher incomes. Ergos was founded in 2012 and headquartered in Patna, Bihar. | $2.8M | Series A | Oct 07, 2020 |  |
| Ergos | Ergos is building an integrated supply chain by setting up micro warehouses. Ergos is a transformational bank for the farmer which leverages technology to seamlessly provide custodial services (warehousing, loans, and market-linkages, enabling the farmer to convert his produce to a financial asset.Through their grid of digitally connected ruralmicro warehouses, they enable farmers to store their produce, avoid distress sales during harvest season, reduce wastage by scientific warehousing, tide over their immediate liquidity/ financing needs by working with NBFCs/ Banks, and thereby empower farmers to sell their produce as and when they desire, thereby resulting in farmers achieving 25%-30% higher incomes. Ergos was founded in 2012 and headquartered in Patna, Bihar. | $4.6M | Series A | Mar 31, 2020 |  |
| Soulfull | Soulfull manufactures and retails ready to eat cereals intended to provide a healthy breakfast. The company's food products are all natural, made with grains which consume less water to grow, gluten-free, free of preservatives and high in fiber, enabling consumers to have a delicious and nutritious breakfast. | $5.4M | Series A | Mar 22, 2018 |  |
| Ergos | Ergos is building an integrated supply chain by setting up micro warehouses. Ergos is a transformational bank for the farmer which leverages technology to seamlessly provide custodial services (warehousing, loans, and market-linkages, enabling the farmer to convert his produce to a financial asset.Through their grid of digitally connected ruralmicro warehouses, they enable farmers to store their produce, avoid distress sales during harvest season, reduce wastage by scientific warehousing, tide over their immediate liquidity/ financing needs by working with NBFCs/ Banks, and thereby empower farmers to sell their produce as and when they desire, thereby resulting in farmers achieving 25%-30% higher incomes. Ergos was founded in 2012 and headquartered in Patna, Bihar. | $625K | Seed | Sep 12, 2017 |  |
| Swarna Pragati Housing Microfinance | Swarna Pragati Housing Microfinance provides housing microfinance loan products for low-income households in rural areas in India. It offers housing loans for fresh repairs, up-gradation, and construction of a full-fledged house. Swarna Pragati Housing Microfinance also provides incremental housing loan for various components, such as layingfoundation, plinth level construction, tiled roofing, pucca flooring, fixing wooden doors/windows, etc. Ramesh Kumar founded it in 2010, with its headquarters in Chennai in India. |  | Series B | Dec 22, 2015 |  |
| Ergos | Ergos is building an integrated supply chain by setting up micro warehouses. Ergos is a transformational bank for the farmer which leverages technology to seamlessly provide custodial services (warehousing, loans, and market-linkages, enabling the farmer to convert his produce to a financial asset.Through their grid of digitally connected ruralmicro warehouses, they enable farmers to store their produce, avoid distress sales during harvest season, reduce wastage by scientific warehousing, tide over their immediate liquidity/ financing needs by working with NBFCs/ Banks, and thereby empower farmers to sell their produce as and when they desire, thereby resulting in farmers achieving 25%-30% higher incomes. Ergos was founded in 2012 and headquartered in Patna, Bihar. |  | Seed | Oct 07, 2015 |  |
| Ergos | Ergos is building an integrated supply chain by setting up micro warehouses. Ergos is a transformational bank for the farmer which leverages technology to seamlessly provide custodial services (warehousing, loans, and market-linkages, enabling the farmer to convert his produce to a financial asset.Through their grid of digitally connected ruralmicro warehouses, they enable farmers to store their produce, avoid distress sales during harvest season, reduce wastage by scientific warehousing, tide over their immediate liquidity/ financing needs by working with NBFCs/ Banks, and thereby empower farmers to sell their produce as and when they desire, thereby resulting in farmers achieving 25%-30% higher incomes. Ergos was founded in 2012 and headquartered in Patna, Bihar. | $1.3M | Seed | Dec 01, 2014 |  |
| Electronic Payment and Services | EPS is founded by professionals who have been part of the retail, banking, oil and technology space for more than a decade. EPS senior management together have 30 years of retail payments experience and been in the fore front various new initiatives in the country for last decade or so. EPS has formed primarily to provide quality payment servicesfor value. | $5M |  | Dec 17, 2013 |  |
| Electronic Payment and Services | EPS is founded by professionals who have been part of the retail, banking, oil and technology space for more than a decade. EPS senior management together have 30 years of retail payments experience and been in the fore front various new initiatives in the country for last decade or so. EPS has formed primarily to provide quality payment servicesfor value. | $6M | Series B | Aug 26, 2013 |  |
| Electronic Payment and Services | EPS is founded by professionals who have been part of the retail, banking, oil and technology space for more than a decade. EPS senior management together have 30 years of retail payments experience and been in the fore front various new initiatives in the country for last decade or so. EPS has formed primarily to provide quality payment servicesfor value. | $4M | Series A | Oct 04, 2012 |  |

10 of 12 investments shown.

## Co-investors
- [Asha Impact](https://shizune.co/investors/profile/asha-impact) — VC Fund, 1 deal together
- [Chiratae Ventures](https://shizune.co/investors/profile/idg-ventures-india) — VC Fund, 1 deal together
- [Omidyar Network](https://shizune.co/investors/profile/omidyar-network) — VC Fund, 1 deal together
- [Omidyar Network India](https://shizune.co/investors/profile/omidyar-network-india-050e) — VC Fund, 1 deal together
- [Zephyr Management](https://shizune.co/investors/profile/zephyrmanagement) — VC Fund, 1 deal together

## About Aavishkaar Venture Capital

VC Fund · Mumbai, India

AGIMDC invests in start ups, transforming NBFCs and mature MFIs. AGIMDC was sponsored by the Dutch fund Goodwell Microfinance Development Company. AGIMDCâ€:tm:s investment managers have extensive experience in private equity and microfinance.

5 contacts available at Aavishkaar Venture Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Amol Ganu | Associate Vice President | https://shizune.co/investors/profile/amol-ganu |
| Anurag Agrawal | Partner | https://shizune.co/investors/profile/anurag-agrawal-3 |
| Sanchayan Chakraborty | Partner | https://shizune.co/investors/profile/sanchayan-chakraborty-f8cf |
| Ajay Maniar | Partner | https://shizune.co/investors/profile/ajay-maniar |
| Jayesh Parekh | Investment Committee Member | https://shizune.co/investors/profile/jayesh-parekh |

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- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Vineet Rai invest in?

Vineet Rai invests primarily in AgTech, Finance and Agriculture startups, most often at Series A and Seed stage. Most of the 12 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Vineet Rai last invest?

The most recent investment recorded for Vineet Rai closed in Oct 2020. Shizune tracks 12 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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