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Top 50 Retail VC Funds & Investors in India (June 2026)

The most active venture capital funds investing in India Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in India Retail startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Fireside Ventures
VC Fund
18 India, United States, Argentina Seed, Series A, Series B Health Care, E-Commerce, Food and Beverage $376k–$25M
Accel
VC Fund
16 United States, India, United Kingdom Series A, Series B, Seed Software, SaaS, Information Technology $1.5M–$70M
Sauce.vc
VC Fund
16 India, United States Seed, Series B, Series A Retail, E-Commerce, Health Care $417k–$16M
LVX Ventures
VC Fund
15 India, United States, Italy Seed, Series A, Angel E-Commerce, Internet, Software $179k–$10M
Inflection Point Ventures
VC Fund
10 India, United States, Singapore Seed, Pre-Seed, Series A Artificial Intelligence, E-Commerce, Health Care $138k–$9.1M
The Chennai Angels
VC Fund
9 India, United States, Singapore Seed, Angel E-Commerce, Software, Internet $148k–$1.5M
Mumbai Angels
VC Fund
9 India, United States, Singapore Seed, Angel Software, E-Commerce, Food and Beverage $115k–$3M
Ankur Capital
VC Fund
9 India, Luxembourg Seed, Series A AgTech, Agriculture, Farming $200k–$15M
Stellaris Venture Partners
VC Fund
9 India, United States, Bangladesh Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $750k–$24M
Kae Capital
VC Fund
8 India, United States Seed, Series A, Series B E-Commerce, Software, Internet $500k–$32M
Blume Ventures
VC Fund
8 India, United States, Singapore Seed, Series A, Series B Software, Information Technology, Internet $500k–$45M
All in capital
VC Fund
8 India, United States Seed, Pre-Seed, Series A Software, Financial Services, Apps $346k–$18M
IAN Group
VC Fund
8 India, United States, United Kingdom Seed, Series A, Angel Software, Health Care, SaaS $155k–$7.2M
Titan Capital
VC Fund
8 India, United States, Singapore Seed, Pre-Seed, Series A Software, Internet, Information Technology $213k–$15M
Unitus Ventures
VC Fund
7 India, Singapore, United States Seed, Series A Education, Health Care, Training $100k–$4.6M
Kalaari Capital
VC Fund
7 India, United States, Singapore Series A, Seed, Series B Software, E-Commerce, Internet $850k–$25M
Huddle
VC Fund
7 India, United States Seed, Pre-Seed, Series A Artificial Intelligence, Health Care, E-Commerce $230k–$5M
Orios Venture Partners
VC Fund
6 India, United States Seed, Series A, Series B E-Commerce, Software, FinTech $622k–$32M
Sparrow Capital
VC Fund
6 India, United States, Singapore Seed, Series A, Pre-Seed Software, Retail, Information Technology $1M–$28M
First Cheque
VC Fund
6 India, United States Seed, Pre-Seed, Angel Software, Internet, Information Technology $130k–$3M
Venture Highway
VC Fund
6 India, United States, Singapore Seed, Series A, Series B Software, SaaS, Financial Services $820k–$18M
Eternal Capital
VC Fund
6 India, United States Seed, Series A, Pre-Seed Software, B2B, Internet $250k–$5.4M
Stride Ventures
VC Fund
6 India, France, Singapore Debt Financing, Seed, Series A E-Commerce, Financial Services, Internet $286k–$37M
Fluid Ventures
VC Fund
6 India Seed, Convertible Note Retail, E-Commerce, Fashion $13k–$1.5M
Bestvantage Investments
VC Fund
5 India Seed, Pre-Seed E-Commerce, Retail, Food and Beverage $15k–$3.7M
Brand Capital
VC Fund
5 India, United States, Singapore Seed, Series A Real Estate, E-Commerce, Internet $50k–$8.5M
Better Capital
VC Fund
5 India, United States, Singapore Seed, Pre-Seed, Series A Software, Financial Services, Information Technology $261k–$20M
Supermorpheus
VC Fund
5 India, United States, United Kingdom Seed, Pre-Seed, Series A Software, Health Care, Artificial Intelligence $441k–$6M
DeVC
VC Fund
5 India, United States, Singapore Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $462k–$12M
Rukam Capital
VC Fund
5 India, Argentina Seed, Series A, Series B Manufacturing, Food and Beverage, E-Commerce $474k–$9.8M
SucSEED Venture Partners
VC Fund
5 India, United States Seed, Angel, Pre-Seed SaaS, Software, Education $100k–$1.4M
Elevation Capital
VC Fund
5 India, United States, France Series A, Seed, Series B Software, Financial Services, E-Commerce $1.5M–$34M
AngelList India
VC Fund
5 India, United States Seed, Pre-Seed, Series A Software, Internet, Health Care $238k–$15M
Trifecta Capital Advisors
VC Fund
5 India, United States, Singapore Debt Financing, Series C, Series B E-Commerce, FinTech, Financial Services $838k–$56M
RB Investments Pte. Ltd.
VC Fund
5 India, Singapore, Denmark Seed, Series A, Series B E-Commerce, Food and Beverage, Food Delivery $341k–$27M
Tracxn labs
VC Fund
5 India, United States, Singapore Seed, Series A FinTech, Financial Services, Human Resources $128k–$5M
Gemba Capital
VC Fund
5 India, United States, Spain Seed, Pre-Seed, Series A Financial Services, FinTech, Internet $500k–$22M
India Quotient
VC Fund
5 India, United States, Singapore Seed, Series A, Series B Internet, Software, E-Commerce $481k–$32M
2am VC
VC Fund
5 India, United States, Singapore Seed, Pre-Seed, Series A SaaS, FinTech, Information Technology $237k–$6M
Nabventures
VC Fund
4 India Series A, Seed, Series B Food and Beverage, AgTech, Agriculture $441k–$15M
Dexter Angels
VC Fund
4 India, France Seed, Pre-Seed Financial Services, Retail, E-Commerce $464k–$1.2M
Sharrp Ventures
VC Fund
4 India, United States Series A, Seed E-Commerce, Health Care, Wellness $794k–$20M
Anicut Capital
VC Fund
4 India, United States, France Seed, Series A, Debt Financing Food and Beverage, Health Care, E-Commerce $385k–$12M
Agility Ventures
VC Fund
4 India, United States Seed, Pre-Seed, Series A Food and Beverage, Health Care, Retail $89k–$5M
Unilever Ventures
VC Fund
4 United States, India, United Kingdom Series A, Series B, Seed Health Care, Beauty, Cosmetics $1M–$39M
Dalton Venture
VC Fund
4 India, China, Canada Seed, Series A, Series B Health Care, Medical, Medical Device
Singapore Angel Network
VC Fund
4 India, United States, Singapore Seed, Angel, Series A E-Commerce, Health Care, Software
Artha Group
VC Fund
4 India, United States, Kenya Seed, Angel Information Technology, Internet, E-Commerce $71k–$2.5M
SucSEED Indovation
VC Fund
4 India, United States Seed, Pre-Seed Software, SaaS, Artificial Intelligence
Lead Angels Network
VC Fund
4 India, United States Seed, Angel Software, E-Commerce, Information Technology $82k–$1.5M
Access all 802 VC funds in India Retail startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Fireside Ventures
VC Fund · Bengaluru, Karnataka, India · 18 investments in India Retail startups

Fireside Ventures is proposing a New Approach to Investing in Consumer Brands. Fireside Ventures invests in early stage consumer brands.

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Investment focus

  • Industry: Health Care, E-Commerce, Food and Beverage
  • Stage:Seed, Series A, Series B
  • Geography: India, United States, Argentina

Investor stats

  • Total investments: 142
  • Round size: Seed $376k–$5M; Series A $1M–$18M; Series B $4.8M–$25M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: Likely still investing — raised $211M in 2022

Portfolio highlights

  • Raaz — Raaz App is a healthcare platform focused on addressing male reproductive health challenges in India
  • Happi Planet — Effective Cleaning, Powered By Nature Nature Powered homecare products delivered to you in planet friendly paper cartons
  • InnerGize — InnerGize provides a wearable gadget that uses non-invasive technologies to treat chronic stress and anxiety. Sleep-focussed wearables startup DUSQ, formerly known as InnerGize. Co founded in 2023 by Siddhant Bhargava, Shalmali Kadu, and Mitansh Khurana.
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Accel
VC Fund · Palo Alto, California, United States · 16 investments in India Retail startups

First partner to exceptional teams everywhere

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1859
  • Round size: Seed $1.5M–$10M; Series A $4.4M–$40M; Series B $10M–$70M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — raised $14M in 2019

Portfolio highlights

  • migme — Migme Limited is a global digital media company focused on emerging markets offers migme, a fan-based social entertainment platform that offers chat, content, and microblogging services. It enables users to post bite-sized blogs, send messages, and exchange virtual gifts with each other.The site’s revenue is generated via gifts, games, avataritems, emoticons, and stickers.Migme Limited was founded in 2005 and is listed and registered in Australia, with headquarters in Singapore.
  • Port — Port allows DevEx teams to build a catalog of assets empowering everyone to perform self-service actions
  • Shift Technology — Shift Technology delivers AI-native decision automation and optimization solutions built specifically for the global insurance industry. Addressing several critical processes across the insurance policy lifecycle, Shift helps insurers achieve faster, more accurate claims and policy resolutions. Shift has analyzed billions of insurance transactionsto date and was presented Frost & Sullivan’s 2020 Global Claims Solutions for Insurance Market Leadership Award.
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Sauce.vc
VC Fund · Mumbai, Maharashtra, India · 16 investments in India Retail startups

Sauce is a Early stage consumer VC fund with a high engagement model supported by a deep service partner network working across key support areas for scaling a brand in India.

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Investment focus

  • Industry: Retail, E-Commerce, Health Care
  • Stage:Seed, Series B, Series A
  • Geography: India, United States

Investor stats

  • Total investments: 61
  • Round size: Seed $500k–$2.6M; Series A $2.5M–$7M; Series B $417k–$16M
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • BabyOrgano — Explore the best ayurvedic baby care products online - Explore our certified and 100% safe range for your babies. Shop now from our website or install our app.
  • Loopie
  • Rockit — RockiT is designed for the daring, the fearless, and the distinctive.
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LVX Ventures
VC Fund · Singapore, Central Region, Singapore · 15 investments in India Retail startups

Connect with 10,000 plus angel investors. Raise funding seamlessly. Find startups to invest in. Easy to use & seamless technology platform for startup investing & funding.

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Seed, Series A, Angel
  • Geography: India, United States, Italy

Investor stats

  • Total investments: 241
  • Round size: Seed $220k–$2.6M; Angel $179k–$750k; Series A $595k–$10M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2021

Portfolio highlights

  • NightStay — NightStay, a last minute same day hotel booking app customised for the needs of spontaneous and last minute traveller. A mobile only platform focussed on offering a lightning fast booking experience to the users and offering unbelievable prices on luxury and boutique hotels.
  • Online RTI — File RTI application online - Online RTI
  • Innov8 Coworking — Innov8 Coworking is a Y- Combinator backed workspaces and community startup based in India. They provide premium workspaces (managed private offices and coworking spaces).Innov8 Coworking is the first of its kind Thought space in India. They encourage community engagement of like-minded individuals from any space, whether they are founders,investors, freelancers, creators or just want to work in a highly productive zone.They currently have centers across India - Delhi, Noida, Gurgaon, Mumbai, Bangalore and Chandigarh.
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Inflection Point Ventures
VC Fund · Gurgaon, Haryana, India · 10 investments in India Retail startups

Inflection Point Ventures, with over 3300 CXOs and professionals, HNIs and Family Offices, is India’s leading angel network investing in early-to-mid stage startups. IPV supports new-age entrepreneurs with not just capital but also uses its wide network of investors to provide startups with access to new markets, customers, guidance and mentorship.Inflection Point Ventures is democratizing angel investing with low membership fee, lowest investment ticket size (per investor), transparent investment process and extensive upfront due-diligence led by industry experts. IPV is industry agnostic, with a focus on committed and competent founders.

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Investment focus

  • Industry: Artificial Intelligence, E-Commerce, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 305
  • Round size: Seed $159k–$2.4M; Pre-Seed $138k–$2.1M; Series A $774k–$9.1M
  • Lead/follow: 78% lead, 22% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Uravu Labs — Uravu Labs - Renewable Water From Air. Water sustainability for the 21st century.
  • LiaPlus AI — With a special focus in marketing and sales department of SMEs, we are building the most exhaustive AI powered sales and marketing department augmenting their growth via reliable AI agents.
  • IndicWisdom — Find the best selection of wood pressed oils at Indic Wisdom, Mumbai's leading oil manufacturer. Delivering pan India.
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The Chennai Angels
VC Fund · Chennai, Tamil Nadu, India · 9 investments in India Retail startups

The Chennai Angels is an Angel Investment Group in India with over 140 individual, corporate and institutional members. The Chennai Angels invests in early stage startups and also provide mentorship for their portfolio companies.

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Investment focus

  • Industry: E-Commerce, Software, Internet
  • Stage:Seed, Angel
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 112
  • Round size: Seed $181k–$1.5M; Angel $148k–$500k
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Get My Parking — Get My Parking, is a B2B Platform-as-a-Service company. GMP's inter-operable open IoT Platform is designed to connect different types of parking inventory together on to a digital layer, making it future ready to meet changing mobility needs. Working across 16 countries, Platform connects with different make and type of parkinginfrastructure, giving complete visibility and control the Parking Operator/ City Council. Platform exploits synergies with various demand aggregators like mapping services, Auto OEMs, Corporate clients and Fleet Companies.
  • A Toddler Thing — A Toddler Thing is your one stop shop for all your baby essentials - 100% Certified and US Tested Brand . Our products comprises of Cloth Diapers, jablas, nappies, swaddles, blankets , baby bedding , towels, rompers, bodysuits, baby dresses, caps, mittens and booties
  • Inspired Spirits — Inspired Spirits manufactures distilled alcoholic beverages. The company produces spirits like Quro, an Indian aperitif made from indigenous botanicals.
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Mumbai Angels
VC Fund · Mumbai, Maharashtra, India · 9 investments in India Retail startups

Find the best online casino in India for real money in 2026. Compare bonuses, UPI payments, and withdrawals. Play smarter, start here.

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Investment focus

  • Industry: Software, E-Commerce, Food and Beverage
  • Stage:Seed, Angel
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 210
  • Round size: Seed $357k–$3M; Angel $115k–$1M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • BabyChakra — If you're thinking of getting pregnant or researching on how to conceive - you're in the right place. Here you'll learn about ovulation, signs of pregnancy, fertility and guidelines on when to be concerned about a possible fertility problem.
  • WittyParrot — Is a sustainable and innovative company that provides residential & commercial waste collection services to rural America.
  • The Parfait Co — The Parfait Co is a Mumbai-based dessert maker and manufacturer. Launched by Sharmeen Indorewala in October 2014, The Parfait Co offers a menu of twelve flavours of French style parfait, a frozen dessert made of whipped cream, eggs, and fruit.
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Ankur Capital
VC Fund · Mumbai, Maharashtra, India · 9 investments in India Retail startups

Ankur Capital is an early stage venture capital fund investing in startups with transformative technologies for next billion Indians. The fund invests in non-conventional opportunities across sectors such as agritech, consumer food, healthcare, vernacular tech, fintech, logisitics, edtech, retail tech, digital inclusion and deeptech in these markets.

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Investment focus

  • Industry: AgTech, Agriculture, Farming
  • Stage:Seed, Series A
  • Geography: India, Luxembourg

Investor stats

  • Total investments: 73
  • Round size: Seed $200k–$3.5M; Series A $1.2M–$15M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — raised $20M in 2021

Portfolio highlights

  • BigHaat — Buy Agricultural Products and Machinery Online at Bighaat. We Offering broad range of Seeds, Plant Nutrition, Plant Protection and Agri Implements. CASH ON Delivery(COD) IS NOW AVAILABLE ACROSS INDIA.
  • Skillveri — Skillveri is the world's leading MR/XR skill training platform for Welding simulators, Painting simulators & other manufacturing skills
  • OneKiraana — OneKiraana is a technology platform that allows kirana businesses to offer home delivery through third-party logistics optimize inventory using demand information, and introduce private-label products.
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Stellaris Venture Partners
VC Fund · Bangalore, Karnataka, India · 9 investments in India Retail startups

We help fearless founders build legendary businesses. We are an early-stage, technology-focused, sector-agnostic investment firm. We lead our investments with deep conviction, committed to the journey of building a company from zero to one, and beyond.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: India, United States, Bangladesh

Investor stats

  • Total investments: 113
  • Round size: Seed $750k–$6M; Series A $3.6M–$13M; Series B $10M–$24M
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • Zouk — 100% Vegan bags from India. We make contemporary bags from Indian handcrafted fabrics. We have a strong manufacturing base in Mumbai
  • Swiflearn — Swiflearn provides online tuition classes to small batches to ensure personalised learning. Swiflearn conduct online classes through video conference ensuring two way communication amongst teacher and students.
  • 91Squarefeet — We design & build offices, retail shops, and warehouses. Started in 2019, we have delivered 1100+ projects for 65 brands in 150 cities in India.
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Kae Capital
VC Fund · Mumbai, Maharashtra, India · 8 investments in India Retail startups

A destination for early stage companies to acquire capital for growth. Kae Capital is a sector agnostic fund and invests in companies which bring about innovative solutions for the existing gaps in the markets, backed by a great team. their focus – investing in Innovation, Leadership and Growth.They bring in the expertise of identifying andbuilding large companies even from a concept. Their team at Kae Capital has a wide range of experience in helping companies grow, fill gaps in the market and help create winning companies.They believe entrepreneurs can shape the future of the world. they want to partner with passionate and energetic entrepreneurs who have the drive to change the future.Technology excites us. they look for entrepreneurs who envision technology as a means to disrupt sectors such as Mobile, e-Commerce, Education, Healthcare, Consumer Internet and so on. they think technology holds the highest potential to shape their lives in a new future.They understand the importance of speed for a start-up and they carry out their process in the same spirit.

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Investment focus

  • Industry: E-Commerce, Software, Internet
  • Stage:Seed, Series A, Series B
  • Geography: India, United States

Investor stats

  • Total investments: 131
  • Round size: Seed $500k–$4M; Series A $2.1M–$11M; Series B $4.7M–$32M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $49M in 2020

Portfolio highlights

  • Hatica — Hatica aggregates activity from all your work apps to power software engineering dashboards and gen AI-driven insights to help teams drive velocity, alignment and well-being.
  • GobbleCube — GobbleCube's AI-powered copilot automates revenue monitoring and RCA, allowing revenue staff to focus on execution.
  • Hippo Video — A video personalization and distribution platform that helps enterprise businesses achieve their marketing and sales goals through seamless video workflows
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Blume Ventures
VC Fund · Mumbai, Maharashtra, India · 8 investments in India Retail startups

Backing the next wave of revolutionary founders, from India, for the world.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A, Series B
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 339
  • Round size: Seed $500k–$6.6M; Series A $2M–$18M; Series B $3.5M–$45M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $23M in 2023

Portfolio highlights

  • slice — slice is a one-stop payment app for all spending needs. Their goal is to make money management simpler & faster for their users. It is backed by leading investors such as Tiger Global, Insight partners, Advent International, Blume Ventures, and Gunosy Capital.
  • Mysa — Mysa is a unified finance and banking platform that automates bill payments, smart banking, AI-driven accounting, expense management, and treasury services for businesses.
  • Pitstop — Pitstop offers general repair and maintenance services for cars through its doorstep service vehicles. It features an online platform delivering a one-stop solution for all car care needs and provides quality, economical, and convenient car service. Pitstop was founded in 2015 and headquartered in Bengaluru, Karnataka.
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All in capital
VC Fund · Delhi, Delhi, India · 8 investments in India Retail startups

All In Capital is an Investment firm.

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Investment focus

  • Industry: Software, Financial Services, Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States

Investor stats

  • Total investments: 75
  • Round size: Seed $379k–$5.1M; Pre-Seed $346k–$2M; Series A $3M–$18M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Krvvy — Experience total comfort with Krvvy's collection of women's undergarments. Shop online for a wide range of underwears, bras & shapewear for support & style.
  • &Done — Multi-functional formulas tested in 150+ salons. Made for Indian hair. Try your &Done ritual today. This is your Power Move.
  • KNOT — Get fashion in 60-mins. Try before you buy. No waits or regrets, just fire fits!
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IAN Group
VC Fund · New Delhi, Delhi, India · 8 investments in India Retail startups

Started in April 2006, the Indian Angel Network is a unique concept which brings together highly successful entrepreneurs and CEOs from India and around the world who are interested in investing in startup / early stage ventures which have the potential of creating disproportionate value.The Network, in addition to money, provide constantaccess to high quality mentoring, vast networks and inputs on strategy as well as execution. The Network members, because of their background are better able to assess the potential and risks at the early stage.

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Investment focus

  • Industry: Software, Health Care, SaaS
  • Stage:Seed, Series A, Angel
  • Geography: India, United States, United Kingdom

Investor stats

  • Total investments: 224
  • Round size: Seed $214k–$2.2M; Angel $155k–$600k; Series A $684k–$7.2M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $117M in 2022

Portfolio highlights

  • MaxWholesale — Max Wholesale.in is India's first online B2B platform for sourcing all inventory needs for local General Store merchants.The FMCG supply chain as they know it is in dire need of technology infusion. Less than 0.1% of retailers of India - who they identify as Kirana stores - use POS terminals. With 8 million stores, India surpasses evencountries like China, and the demand that originates from these stores is highly fragmented. They are individually small but collectively very largeWith their data science driven approach they are changing the way business is done at these stores. Their friends - the moms and pops at these stores - need a hint of the right technology and tools which could help them increase efficiency and return-on-effort.At MaxWholesale, Their proprietary algorithms help you predict your demand, procure better, larger variety and more reliably, reduce wastage, and enable you with the right working capital based on your payment history.
  • Carbon Masters — Carbon Masters helps organisations to measure, manage, reduce and report their carbon emissions, Our raison d´etre is a passion to help people in both their professional and personal lives reduce their carbon impact and to adapt to inevitable climate change. Carbon Masters two founding partners bring a range of complementary skills andcapabilities, youthful enthusiasm and experience, and an understanding of both the developing and developed worlds. Passion, global insight, and technical mastery are the values they aspire to bring to the company. Carbon Masters was established in 2009 and has since worked with a wide range of organisations in both the public and private sector to help them take steps to reduce their carbon emissions. The company now has offices in Edinburgh (UK), Bangalore (India) and Quito (Ecuador) and plans for a Carbon Masters USA are also on the horizon.
  • Skylark Drones — Drone data platform by Skylark Drones is used by surveying, volume measurement for construction & inspection teams in infrastructure, mining, solar energy, agriculture & utilities.
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Titan Capital
VC Fund · Gurgaon, Haryana, India · 8 investments in India Retail startups

Titan Capital invests behind world class entrepreneurs looking to create wide-scale positive impact on India and the World.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 281
  • Round size: Seed $300k–$5M; Pre-Seed $213k–$1M; Series A $3M–$15M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Mekr — On-Demand manufacturing platform for electronics industry
  • Zivov — Zivov is an AI-based preventative and chronic care platform that diagnoses diabetes, blood pressure, and cholesterol disorders.
  • instafix — Instafix is an on-demand smartphone repair startup that sends certified technicians to customers' doorsteps within 60 minutes to fix phones using genuine parts with a 1-year warranty.
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Unitus Ventures
VC Fund · Seattle, Washington, United States · 7 investments in India Retail startups

Unitus Ventures is India’s leading impact venture fund investing in startups innovating for the masses across healthcare, education and fintech sectors. Founded in 2012, Unitus Ventures is a part of Capria Network, the leading global network of venture fund managers investing in emerging markets of Africa, Asia and Latin America. Unitus Venturesis based in Bangalore and Seattle. Capria has offices in Bangalore, Jakarta, Nairobi, and Seattle. More at: https://unitus.vc and http://capria.vc

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Investment focus

  • Industry: Education, Health Care, Training
  • Stage:Seed, Series A
  • Geography: India, Singapore, United States

Investor stats

  • Total investments: 77
  • Round size: Seed $100k–$2.5M; Series A $1.5M–$4.6M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $7.8M in 2023

Portfolio highlights

  • Gigforce — Gigforce is the on-demand staffing platform connecting businesses with flexible workers.
  • 5C Network — 5C Network is an AI native radiology platform running end-to-end diagnostic workflows. 1,500+ facilities. 10,000+ daily scans. 30-minute turnaround. Human + AI working together.
  • Masai School — Become a Software Developer in 7 months with Masai School. Pay Rs. 0 until you get a job of Rs. 5 LPA or more.Attend live coding classes from anywhere in India..
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Kalaari Capital
VC Fund · Bangalore, Karnataka, India · 7 investments in India Retail startups

Kalaari is a $160 million venture capital fund with a strong advisory team in Bangalore investing in early-stage, technology-oriented companies in India.Kalaari Capital invests in the unknown Indian entrepreneur who is poised to become tomorrow’s global leader. They are India’s leading investor in early-stage businesses, nurturing them throughevery aspect of growth on the transformative journey toward success.

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Investment focus

  • Industry: Software, E-Commerce, Internet
  • Stage:Series A, Seed, Series B
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 216
  • Round size: Seed $850k–$4M; Series A $2M–$12M; Series B $4M–$25M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Pype AI
  • kindlife — kindlife is a new-age beauty and wellness ecosystem enabling commerce, community, and brands.
  • Simplilearn — Simplilearn helps professionals across the globe realize their dream careers. As a destination for certification training courses, the company caters to professionals across industries and functions. Through a combination of proven training content, blended delivery model and next-gen customer experience, Simplilearn offers courses that helpprofessionals get the edge they want in their careers. With study centers across the globe, Simplilearn offers 200+ certification courses in Project Management, IT Service Management, Microsoft Certification, Quality Management, Financial Management and more. Rated by Deloitte as the 4th fastest growing technology firm in India and 11th in Asia, and by the IAMAI as the best educational website, the company has trained over 400,000+ professionals across 150+ countries. Simplilearn is the Global Registered Education Provider (REP) of PMI, USA, Accredited Training Organization (ATO) by APMG International, UK, Registered Education Provider (REP) of Scrum Alliance Inc., and Accredited Examination Center (AEC) by EXIN, TUV-SUD, EC Council and PEOPLECERT. In September 2013, Simplilearn raised $10-million in Series B funding from Helion Venture Partners and Kalaari Capital to diversify and expand its course catalog. Simplilearn’s mission is to consistently provide best-in-class training to working professionals through proven content, robust technology and a focus to achieve 100% customer delight. For more information, visit www.simplilearn.com
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Huddle
VC Fund · Haryana, Haryana, India · 7 investments in India Retail startups

Huddle Ventures is an early stage venture capital firm in India, hyper-focused on Pre-Seed & Seed stage investments.

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Investment focus

  • Industry: Artificial Intelligence, Health Care, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States

Investor stats

  • Total investments: 56
  • Round size: Seed $250k–$2M; Pre-Seed $230k–$2M; Series A $500k–$5M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Asaya — A luxury skincare range crafted specially for our unique, melanin-rich skin. Vegan. Cruelty free. Non-toxic. Certified by Safe Cosmetics Australia.
  • ProsParity — Reimagining Distribution Of Credit In The Electric Mobility Sector
  • The Pant Project — The Pant Project customizes pants with fabrics and offers a 4-way stretch technology for comfort.
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Orios Venture Partners
VC Fund · Mumbai, Maharashtra, India · 6 investments in India Retail startups

Orios Venture Partners is an early stage venture fund which primarily invests in software and technology enabled startups.

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Investment focus

  • Industry: E-Commerce, Software, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: India, United States

Investor stats

  • Total investments: 118
  • Round size: Seed $622k–$4M; Series A $2.4M–$15M; Series B $3.4M–$32M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $30M in 2021

Portfolio highlights

  • Bimaplan — Bimaplan's full-stack embedded insurance platform simplifies distribution by providing end-to-end insurance integration for a seamless digital experience.
  • Sustainiam — Digital Carbon Registration Platform and Carbon Exchange for compliance and voluntary markets plugged in with Enterprise SaaS API for Emission calculations and reporting.
  • Truva — Truva is a proptech company that specializes in home buying and selling. We have deep expertise in Powai and provide an unparallel customer experience when it comes to buying apartments that are up for resale. We have multiple properties in Hiranandani, Lake Homes, Nahar and Raheja Vihar
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Sparrow Capital
VC Fund · Bengaluru, Karnataka, India · 6 investments in India Retail startups

Sparrow Capital is an investment firm.

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Investment focus

  • Industry: Software, Retail, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 41
  • Round size: Seed $1.8M–$9M; Pre-Seed $1M–$2.1M; Series A $3.2M–$28M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Gushwork — Scale your business with targeted, quality blogs written by human content writers - powered by our Advanced AI SEO Platform.
  • KNOT — Get fashion in 60-mins. Try before you buy. No waits or regrets, just fire fits!
  • ReplyAll — ReplyAll is an lifestyle brand making multifunctional, durable apparel and accessories, built for comfort and seamless everyday transitions.
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First Cheque
VC Fund · Mumbai, Maharashtra, India · 6 investments in India Retail startups

First Cheque Built and Exited Founders, Product Leaders, Growth Leaders, and also angel investors. A lot of change They bring is in how to think- based on first principles, based on data, building a data driven organisation, setting up teams for performance et al. Most importantly, They will help you graduate to the next level of your journey.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Seed, Pre-Seed, Angel
  • Geography: India, United States

Investor stats

  • Total investments: 117
  • Round size: Seed $200k–$3M; Pre-Seed $130k–$904k
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — raised $4.5M in 2022

Portfolio highlights

  • Findeed — Findeed operates as a consumer-focused Fintech firm. Findeed intends to make modern financial services more accessible to the underserved population in India by leveraging advanced data analytics, other innovative technology, and community partnerships.
  • Lorazzo — India-led, design-first brand creating innovative and smart kitchen sinks online, bathroom accessories, and sanitary ware. Built for modern homes with style, practicality, and budget-friendly pricing. Shop now!
  • 30 Sundays — Book personalized international tours, adventures, and accommodations designed specifically for couples. Perfect for honeymoons, anniversaries, and special celebrations.
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Venture Highway
VC Fund · New Delhi, Delhi, India · 6 investments in India Retail startups

Venture Highway teams up with the next generation of entrepreneurs by providing guidance and capital to early-stage nascent ideas in technology.We are looking to team up with founders who demonstrate a passion and ability to create world-class businesses. If you’ve got the ability, drive, desire, passion, perseverance, and all that ‘good’ (butreally really painful) stuff then you’ve reached the right place.

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Investment focus

  • Industry: Software, SaaS, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 97
  • Round size: Seed $820k–$10M; Series A $2M–$16M; Series B $8M–$18M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $79M in 2020

Portfolio highlights

  • O4S — O4S is an AI and SaaS-driven platform that helps clients to digitize and automate the supply chain. It's a multi-module platform for manufacturing companies to enable traceability and automation across manufacturing, warehouses, and retail network to increase sales and performance. The solution optimizes downstream supply chain operation andbrand protection. It helps warehouses, distributors, retailers, and consumers on a single mobile app-based platform helping organizations optimize planning and production.
  • EzDubs — Transform employee and customer experiences with the most advanced AI-powered platform for real-time communications.
  • Grip Invest — Grip is an investment platform that allows retail investors to make small-ticket investments in physical assets that earn lease income. Grip lists curated investment leasing opportunities on its platform. Investors browse through the active assets to review financial details, lease terms, and return expectations and identify the right investmentopportunity, investors choose the investment amount and confirm their interest, investors make an online transfer of the committed amount to the dedicated bank account of the LLP, Grip continues to attract more co-investors for the active assets.
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Eternal Capital
VC Fund · Delhi, Delhi, India · 6 investments in India Retail startups

Eternal Capital provides entrepreneurs to build top-tier products by merging financial, social, and intellectual capital

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Investment focus

  • Industry: Software, B2B, Internet
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, United States

Investor stats

  • Total investments: 33
  • Round size: Seed $1M–$3.2M; Pre-Seed $250k–$680k; Series A $912k–$5.4M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Gladful — Protein foods made by moms & nutritionists
  • VAMA — VAMA is a one-stop virtual platform that provides easy access to e-pujas, e-darshans, and astrology services, to devotees from across India and the world.
  • SwishX — Indias First Employee Savings Platform
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Stride Ventures
VC Fund · New Delhi, Delhi, India · 6 investments in India Retail startups

We provide non-dilutive capital solutions & enables entrepreneurs to build and scale industry leading companies.

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Investment focus

  • Industry: E-Commerce, Financial Services, Internet
  • Stage:Debt Financing, Seed, Series A
  • Geography: India, France, Singapore

Investor stats

  • Total investments: 137
  • Round size: Seed $988k–$5.5M; Series A $286k–$37M; Debt Financing $715k–$12M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $100M in 2023

Portfolio highlights

  • WayCool — global video community
  • FabAlley — Online Shopping Site for Women Fashion Wear - Buy Women Designer Wear Online in India. Shop latest collection of Indian ethnic wear tops, dresses, skirts, bottoms, tunics, kurtis & kurtas online at Indya.
  • Wow! Momo — Wow! Momo is a chain of fast food restaurants headquartered in Kolkata. Our Other ventures are Wow! China, Wow! Chicken and China Belly.
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Fluid Ventures
VC Fund · Gurgaon, Haryana, India · 6 investments in India Retail startups

Fluid Venture aims to be the substitute to the angel investors and various angel platforms in the current startup ecosystem.

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Investment focus

  • Industry: Retail, E-Commerce, Fashion
  • Stage:Seed, Convertible Note
  • Geography: India

Investor stats

  • Total investments: 13
  • Round size: Seed $13k–$1.5M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Eske — Choose luxurious leather bags that go flawlessly from work to weekend. Made with pride in India from high-quality, gold-rated leather. Many styles, many colours. Precision stitching, long-lasting. Lifetime Warranty. Personalisation available.
  • Bummer — Ultra soft and most comfortable Underwear For Men and Women in India. Printed colourful range. Best price. Free shipping. Free COD. Express Delivery. Shop Now!
  • Beautywise — Beautywise is a dermatology-led supplement brand with the purpose of empowering everyone to embrace unique beauty by embracing long-term, evidence-based treatments that operate from inside.
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Bestvantage Investments
VC Fund · Thane, Maharashtra, India · 5 investments in India Retail startups

Bestvantage Investments help investors to invest in Verified Startups that are poised to be the Unicorns of tomorrow

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Investment focus

  • Industry: E-Commerce, Retail, Food and Beverage
  • Stage:Seed, Pre-Seed
  • Geography: India

Investor stats

  • Total investments: 12
  • Round size: Seed $15k–$3.7M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • PatilKaki — PatilKaki is a e-commerce site that provides modak, laddoos, protein foods, and namkeen special food services.
  • Mitra — Mitra is an e-store that offers a wide range of meticulous curation of premium grains and spices globally.
  • Mitra — Mitra aims to be a comprehensive platform for daily necessities. Mitra focus on specific categories like groceries, household items, or services.
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Brand Capital
VC Fund · Mumbai, Maharashtra, India · 5 investments in India Retail startups

Over ten years, Brand Capital has partnered in the building of over 850+ indigenous brands. It has enabled the introduction of new concepts of print advertising in the form of jackets, panorama adverts and flaps, emulated across other print media. Since its inception, Brand capital has helped build several iconic brands and create immenseenterprise value. But most of all, Brand Capital has enabled the discovery of ‘Brand value’. Different from an archetypal Private Equity player, we succeed in contributing ‘Intellectual Capital’, thus supporting the creation of a brand strategy and planning media-spread to optimize value. We now have investments across sectors as wide as – Retail, FMCG, Consumer Durables, Realty, Digital and Mobile, E-Retail, Health & Wellness, Financial Services, Consumer Services and several more. Our invested value today stands at USD 2.5 Billion, driven by our disruptive innovation and the power of the media properties across "The Times Group". - See more at: http://brandcapital.co.in/#sthash.YJ6lB0CB.dpuf

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Investment focus

  • Industry: Real Estate, E-Commerce, Internet
  • Stage:Seed, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 120
  • Round size: Seed $50k–$1.4M; Series A $3M–$8.5M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Alt DRX — Alt DRX is a Digital Real Estate Marketplace for middle India to buy & sell tokenised residential properties 1 square feet at a time, powered by algorithmic pricing, instant settlements & blockchain ledgers. Unlike traditional fractional real estate platforms, that merely solve “Entry”, our secondary market trading terminal, solves both“Entry & Exits”, using property backed tradeable digital assets. These instruments are India’s only legally enforceable, stamp-duty paid digital assets. Inspired by NASDAQ, Alt DRX shall have a single iconic B2C marketplace in India, while powering asset owners across the world through its B2B Tokenisation Markets Technology SaaS offering.Our strong founding team has leadership experience across in Banking, Real Estate & Consumer Tech, with one of them having managed a multiple billion dollar MNC, while 3 others are second time founders and from IIT / IIMs
  • Elever — Learn more about India's only PMS, which is 100% Factor & Quant based, delivering sustainable, all-weather alpha.
  • KisanKonnect — Get fresh produce delivered to your doorstep straight from the Farm. We're an integrated organization dealing in fresh agri produce that brings you the highest quality food at a fair-price.
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Better Capital
VC Fund · Santa Clara, California, United States · 5 investments in India Retail startups

Better is a global venture capital firm that backs bold innovators on day zero.

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Investment focus

  • Industry: Software, Financial Services, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 180
  • Round size: Seed $476k–$5.4M; Pre-Seed $261k–$1.5M; Series A $4.3M–$20M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $15M in 2021

Portfolio highlights

  • Turns — Turns is the best laundromat and cleaners software, POS (Point of Sale) for modern Laundromats and dry cleaners to manage and grow their business. Book free demo today.
  • Gullak.Money — Gullak helps you create wealth starting with the first step of automating your savings. Gullak automatically saves money from your account via UPI autopay & invest these savings into wealth-creating assets, starting with digital gold investments.
  • Honestly — Honestly is an AI-enhanced beauty and personal care platform that uses technology to provide individualized suggestions and improves the user experience through innovation.
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Supermorpheus
VC Fund · Puducherry, Puducherry, India · 5 investments in India Retail startups

Supermorpheus is an investment firm.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States, United Kingdom

Investor stats

  • Total investments: 101
  • Round size: Seed $539k–$4M; Pre-Seed $441k–$1.3M; Series A $720k–$6M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Volt14 — Volt14 Solutions develops ultra-high performance materials for Li-ion batteries - which will double the energy density of batteries mass-produced today.Volt14's anodes will boost battery energy density by upto 70% - and such a radical improvement would eliminate range anxiety and $/kWh storage costs by nearly 40%In comparison to otherbattery materials startups, Volt14 uses a wet chemistry approach - meaning a battery producer can use their existing production lines to mass produce our anodes, without any manufacturing bottlenecks.
  • VS Mani & Co — Shop South Indian filter coffee, instant coffee that tastes almost like filter coffee, and wholesome snacks and spices at VS Mani & Co. Free delivery.
  • The Money Club — Money Clubs wants to make saving, investing and borrowing money more efficient.Evidently saving within a group is more efficient than doing it by yourself. Each one of us has a social equity that is usually leveraged to borrow money quickly and efficiently in times of need and if they have an option to park money where they make more returnsthan a fixed deposit wont they be interested?The simplest way for anyone today is to be able to do this is on the mobile and on the move! So, MoneyClub is creating a mobile app that enables people to form closed and highly trusted clubs within which they can Save, Invest and borrow money more efficiently!
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DeVC
VC Fund · Bangalore, Karnataka, India · 5 investments in India Retail startups

We back relentlessly resourceful founders with capital, wisdom, and networks to accelerate growth.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 85
  • Round size: Seed $926k–$5M; Pre-Seed $462k–$2.5M; Series A $3.5M–$12M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Bizup — Zero commission video shopping B2B wholesale app, specially made for B2B buyers and sellers in the fashion industry.
  • Terractive — Terractive. Step up your activewear collection. Long lasting pieces & comfort that's out of this world. Men's & Womens shorts, tees, leggings and more. Shop Terractive. Free Exchanges & Easy Returns. Cash on Delivery. Free Shipping.
  • Saleschat.pro — AI Sales Agents for High-Consideration Financial Products. Replacing human sales agents with outcome-owning AI agents for BFSI.
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Rukam Capital
VC Fund · New Delhi, Delhi, India · 5 investments in India Retail startups

Rukam Capital invests in early-stage consumer products and services companies that have exceptional growth potential and substantial returns. We invest in purpose-led founders obsessed with solving hard problems at scale by creating products and companies.

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Investment focus

  • Industry: Manufacturing, Food and Beverage, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: India, Argentina

Investor stats

  • Total investments: 31
  • Round size: Seed $474k–$2.2M; Series A $1.5M–$6.5M; Series B $3.2M–$9.8M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • ZenZebra — ZenZebra is a retail control company that offers lifestyle brands for discovery, testing, and purchase for offices, gyms, cafés, and hotels.
  • Fraganote — Fraganote offers luxury perfumes for men and women
  • Wiselife — Wiselife sells handcrafted yoga mats and aesthetic yoga accessories.
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SucSEED Venture Partners
VC Fund · Hyderabad, Andhra Pradesh, India · 5 investments in India Retail startups

An Early Stage Investment Firm.

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Investment focus

  • Industry: SaaS, Software, Education
  • Stage:Seed, Angel, Pre-Seed
  • Geography: India, United States

Investor stats

  • Total investments: 41
  • Round size: Seed $100k–$1.4M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Spintly — Spintly is a wireless cloud-based access control platform which enables users to access doors using their smartphones and eliminates more than 95% of access control cabling in buildings. Current Access control systems need extensive wiring and are bulky, occupying a ton of space in server rooms. Current access and identity management systems arenot smartphone friendly and getting data to the cloud from such systems is not trivial. Spintly cloud based smart access control system uses a wireless BLE-mesh network of access control readers to eliminate the back-end access control wiring in a building and empowers users by letting them use their smartphone as an access control device. Spintly access control system is connected to the cloud 24x7 through a wireless gateway and allows real-time monitoring of access data. Spintly offers access management solutions to Enterprises, Co-working spaces, Co-living spaces, Hospitality clients and residential communities.
  • Biva — BIVA helps D2C Brands scale by offering1. Instant Connections (<10 hours) to all sources - API or non-API/ online or offline2. Curated & Pre-built Business Function-wise Dashboards and reports addressing 80% of use cases3. Custom calculations & Excel Add-in addressing other 20% of use cases4. Alerts and notifications fortimely actions
  • Marcos Gaming — Marcos Gaming is an Indian professional gaming organization competing in PUBG Mobile and COD Mobile. PUBG Mobile team
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Elevation Capital
VC Fund · Gurgaon, Haryana, India · 5 investments in India Retail startups

Elevation Capital is an early-stage venture capital firm that focuses on consumers, enterprises, logistics, and B2B.

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Investment focus

  • Industry: Software, Financial Services, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: India, United States, France

Investor stats

  • Total investments: 243
  • Round size: Seed $1.5M–$7M; Series A $3.5M–$20M; Series B $3.9M–$34M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $670M in 2022

Portfolio highlights

  • dezerv. — dezerv. leverages its expertise and cutting-edge technology to give professionals access to the best quality investing. dezerv. offers an integrated portfolio approach to investment, providing higher returns with lower risk.
  • Rivigo — Fastest and Safest Cargo Service with Largest Serviceability in India
  • JEH Aerospace — JEH Aerospace offers manufacturing, engineering, and supply chain management solutions to the global aerospace & defense industry.
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AngelList India
VC Fund · Delhi, Delhi, India · 5 investments in India Retail startups

Invest in India's top startups. Join leading venture capitalists and angel investors funding tech startups.

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Investment focus

  • Industry: Software, Internet, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States

Investor stats

  • Total investments: 76
  • Round size: Seed $250k–$3.2M; Pre-Seed $238k–$725k; Series A $500k–$15M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Anveshan — At Anveshan, we make food products that are natural, healthy and chemical free. Anveshan provides the best quality food products through the use of technological solutions. We have cold-pressed/wood pressed oils, A2 vedic bilona ghee and super seeds for healthy diet and immunity boosting.
  • Raincheck Earth — Can the wettest place on earth produce a sustainable solution for a bar table in London? Can we all think of rain as a possible solution to climate crisis? Can a conversation over a gin & tonic save the world? All these seemingly unrelated & obnoxious questions will have an answer soon. Welcome to Raincheck Earth Co. We will raise the curtains soon.
  • First Coffee — Discover the best specialty coffee in India with our range of single origin Arabica beans and exclusive merchandise. Shop online at First Coffee for freshly roasted, quality blends.
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Trifecta Capital Advisors
VC Fund · New Delhi, Delhi, India · 5 investments in India Retail startups

Trifecta Capital is India's leading alternate financing platform for startups across their life cycle. It manages three venture debt funds, a growth equity fund and a tech platform which helps startups with treasury management.

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Investment focus

  • Industry: E-Commerce, FinTech, Financial Services
  • Stage:Debt Financing, Series C, Series B
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 146
  • Round size: Series B $3.9M–$22M; Series C $7.4M–$56M; Debt Financing $838k–$14M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Innoviti — Accept card, UPI & EMI payments using payment links, modern contactless POS machines, and make more money, faster with SaaS tools. Holder of RBI PA license.
  • Euler Motors — Experience the HiLoad EV Cargo Vehicle, most powerful electric commercial vehicle. Built to Carry Anything Anywhere. Book Now - Only for @Rs.999
  • DailyObjects — India's No.1 Online Shopping Brand for Phone Cases & Covers, Laptop, MacBook Sleeves, Tote Bag, Pouches, Crossbody Bags, and Wallets
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RB Investments Pte. Ltd.
VC Fund · Singapore, Central Region, Singapore · 5 investments in India Retail startups

RB Investments is a Singapore Based Family Office , that invests in people with visionary ideas. We assist portfolio companies in developing and executing strategic growth, building the board and executive management team, exploring capitalization structures, pursuing growth mergers and acquisitions, and enhancing market presence.

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Investment focus

  • Industry: E-Commerce, Food and Beverage, Food Delivery
  • Stage:Seed, Series A, Series B
  • Geography: India, Singapore, Denmark

Investor stats

  • Total investments: 61
  • Round size: Seed $341k–$4M; Series A $2M–$8M; Series B $834k–$27M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Curefoods — Curefoods democratizes access to food on a sustainable basis. They focus on operations management for cloud kitchens and the online food ordering market.
  • Impact Guru — ImpactGuru is a No.1 crowdfunding platform in India offering fundraising solutions for medical treatments, emergencies, NGOs & startups. Start a crowdfunding campaign now!
  • Burger Singh — Just another WordPress site
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Tracxn labs
VC Fund · Bangalore, Karnataka, India · 5 investments in India Retail startups

Tracxn Labs is a California-based company that offers a startup research platform which tracks startups across many sectors.

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Investment focus

  • Industry: FinTech, Financial Services, Human Resources
  • Stage:Seed, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 60
  • Round size: Seed $128k–$3M; Series A $2M–$5M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Eggoz — Welcome to the World of Eggoz Nutrition, where you will get bright Orange Yolk Eggs which is an indicator of better nutrition.
  • Lohum — LOHUM is a Leading Eco-friendly battery material leader Specializing in Lithium-Ion Battery recycling. Simplifying sustainability. Enquire now!
  • Elanic — Elanic is a Social C2C Marketplace for lifestyle goods. Elanic enable sindividuals and micro-sellers to sell to millions of buyers on our mobile app
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Gemba Capital
VC Fund · Bangalore, Karnataka, India · 5 investments in India Retail startups

Gemba Capital is a micro VC focusing on early-stage tech investments in seed and pre-seed rounds.

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Investment focus

  • Industry: Financial Services, FinTech, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States, Spain

Investor stats

  • Total investments: 61
  • Round size: Seed $500k–$5.5M; Pre-Seed $545k–$2.4M; Series A $1.3M–$22M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: Likely still investing — raised $10M in 2022

Portfolio highlights

  • Finly — Finly was founded with a simple idea: to allow companies get a better insight into their spend and expenses. Finly has been designed to structure better processes in your company leading to a much more cost efficient and time efficient system. By replacing traditional tools for reporting expenses with Finly they hope to make the entire experiencehassle free leading to improved employee satisfaction.By providing the company with complete visibility into its spend, Finly keeps all company business systems in sync and offers the most dynamic reporting in the market. Their goal is to provide finance teams with tools and data that enable them to have real time insights into their spends to make better strategic decisions and remove all expense management hurdles as your business scales.w
  • Inamo — Transform your business with Inamo's innovative quick commerce solutions.
  • Fairdeal Market — Seamlessly Sell Your Products Direct to Offline Retailers. Get Access To The Right Retailers Now.
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India Quotient
VC Fund · Mumbai, Maharashtra, India · 5 investments in India Retail startups

India Quotient is a new type of early stage investor. We fund companies building disruptive businesses aimed at Indian consumers. We're creating a powerful network of start-up enthusiasts.

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Investment focus

  • Industry: Internet, Software, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 171
  • Round size: Seed $481k–$3.3M; Series A $2M–$8.8M; Series B $4.6M–$32M
  • Lead/follow: 49% lead, 51% follow

Portfolio highlights

  • Luru — Luru is your omni present revenue workspace that increases Sales Rep productivity and helps implement practical playbooks that accelerate sales velocity
  • FAB BAG — FAB BAG (www.fabbag.com) is a beauty/grooming discovery and subscription platform. Every month thousands of members sign up to receive expert-recommended full and travel-sized products from top global brands that they can sample at home. Member benefits also include discounts on sampled products and detailed information on how to use theseproducts. FAB BAG also has an extensive range of premium & prestige products for sale online and frequently hosts offline workshops and product launches in collaboration with beauty brands.Launched in 2012 under the brand "Vellvette" (www.vellvette.com), the company rebranded to FAB BAG (www.fabbag.com) in late 2013.
  • Curie Money — Curie Money offers a unique financial service in India by combining the benefits of high yield savings accounts with the flexibility of mutual fund investments. This innovative approach allows customers to remain invested in mutual funds while having the ability to spend anytime using UPI or Debit Card. Curie Money is focused on redefining banking,spending, and saving for the modern Indian consumer, aiming to make money management more efficient and accessible. With a commitment to providing a seamless financial experience, Curie Money is at the forefront of offering India's first high yield savings bank account that bridges the gap between investing and everyday banking needs.
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2am VC
VC Fund · Mumbai, Maharashtra, India · 5 investments in India Retail startups

2am VC is an early-stage venture capital firm.

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Investment focus

  • Industry: SaaS, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 59
  • Round size: Seed $237k–$5M; Pre-Seed $400k–$6M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • ApnaMart — ApnaMart is a shop and online retail store.
  • FirstClub — FirstClub's mission is to become a rapid commerce-first omnichannel retailer that uses offline experience stores to promote the quality of its items. FirstClub's goal is to create a platform that serves customers and offers brands a unique opportunity to connect with affluent homes.
  • Linkrunner — Linkrunner turns customer data into insights with an AI driven MMP.
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Nabventures
VC Fund · Mumbai, Maharashtra, India · 4 investments in India Retail startups

NABVENTURES is a venture growth equity fund that invests in agriculture, food, rural businesses, and Agri/rural financial services at early to mid-stage. We are focused on driving transformation in these industries by providing strategic and operational insights, patient capital, and access to our extensive network.

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Investment focus

  • Industry: Food and Beverage, AgTech, Agriculture
  • Stage:Series A, Seed, Series B
  • Geography: India

Investor stats

  • Total investments: 23
  • Round size: Seed $441k–$3.9M; Series A $2.3M–$15M
  • Lead/follow: 61% lead, 39% follow

Portfolio highlights

  • KisaanSay — KisaanSay operates as Place-of-Origin Direct-from-Farm Grocery brand.
  • Aquapulse — Aquapulse is a trailblazing aqua-tech company that offers technology and advisory services for the aquaculture industry. The company focus on resource utilization, minimizing human efforts, and making aquaculture a revolutionary industry.
  • ELMED Life Sciences
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Dexter Angels
VC Fund · Mumbai, Maharashtra, India · 4 investments in India Retail startups

Dexter ventures join forces with young, ambitious startups in the pre-seed & seed stages.

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Investment focus

  • Industry: Financial Services, Retail, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: India, France

Investor stats

  • Total investments: 36
  • Round size: Seed $500k–$1.2M; Pre-Seed $464k–$550k
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Depo 24 — Depo 24 is an online platform for interior designers, architects, technicians, homeowners to purchase home building materials.
  • Mannjal — Growth platform for regional NBFCs/Lenders
  • Bharatsure — Bharatsure provides an entire set of technology, services, and product infrastructure to power insurance access in India. By bridging the gap between traditional practices and modern technology.
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Sharrp Ventures
VC Fund · Mumbai, Maharashtra, India · 4 investments in India Retail startups

Sharrp Ventures invest in early stage and growth stage companies. Sharrp Ventures preference is for companies that have already demonstrated some level of business traction.Sharrp Ventures are sector agnostic, though with some bias for consumer and consumption related ideas. Sharrp Ventures are a small team with access to a wide ecosystem of theMarico Group.Sharrp Ventures can tap into this network to facilitate connections and input on a pull-basis from companies invest in.

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Investment focus

  • Industry: E-Commerce, Health Care, Wellness
  • Stage:Series A, Seed
  • Geography: India, United States

Investor stats

  • Total investments: 37
  • Round size: Seed $794k–$2.4M; Series A $1.3M–$20M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Wellopia — Clean, joyful wellness made just for kids. Thoughtfully crafted with simple ingredients. Safe, natural care parents can trust.
  • Even — Even is a health tech company and healthcare provider that partners directly with the top hospitals in the country to offer you unlimited diagnostics, consultations, and 50 lakh worth of hospitalisations all with one monthly subscription cost.
  • Troovy — India's first chemical-free, nutrition-loaded sauces. India's healthiest and tastiest milk mix. All-natural ingredients. Complete protein, vitamins, and minerals. No processed sugar or junk. A whole rainbow of grains and vegetables.
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Anicut Capital
VC Fund · Chennai, Tamil Nadu, India · 4 investments in India Retail startups

Anicut Capital is a leading alternative investment firm based in India, dedicated to powering the growth of the country's burgeoning startup & SME ecosystem. With a dynamic team of seasoned professionals, Anicut excels in bridging the gap between ambition and success, providing strategic insights, industry knowledge, and crucial funding. At Anicut, every investment is more than just capital; it's a partnership for the future.

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Investment focus

  • Industry: Food and Beverage, Health Care, E-Commerce
  • Stage:Seed, Series A, Debt Financing
  • Geography: India, United States, France

Investor stats

  • Total investments: 130
  • Round size: Seed $385k–$5M; Series A $1.3M–$11M; Debt Financing $2M–$12M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Leumas — Leumas digital factory enables brands to manufacture on-demand with full flexibility around batch-size, product-mix, and formats. From fledgling D2C brands to incumbents, from Experiment to Scale.
  • Aereo — AEREO offers drone solutions for mapping, surveying, and analytics across infrastructure, mining, and agriculture sectors.
  • Grip Invest — Grip is an investment platform that allows retail investors to make small-ticket investments in physical assets that earn lease income. Grip lists curated investment leasing opportunities on its platform. Investors browse through the active assets to review financial details, lease terms, and return expectations and identify the right investmentopportunity, investors choose the investment amount and confirm their interest, investors make an online transfer of the committed amount to the dedicated bank account of the LLP, Grip continues to attract more co-investors for the active assets.
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Agility Ventures
VC Fund · Haryana, Haryana, India · 4 investments in India Retail startups

Agility Venture Partners is an angel network and a venture fund, investing in startups across the tech, service, and manufacturing sectors.

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Investment focus

  • Industry: Food and Beverage, Health Care, Retail
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States

Investor stats

  • Total investments: 51
  • Round size: Seed $89k–$2M; Pre-Seed $89k–$1M; Series A $2.3M–$5M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Lifechart — Lifechart is India's No.1 Holistic Preventive wellness platform that provides an alternate Healthcare holistic solution by practicing Indian values of spiritual therapy, yoga, ayurveda, naturopathy, organic nutrition & meditation.We are a team of young past founders & entrepreneurs who believe that society is moving away from medicines& are opting an alternate & a healthier lifestyle of self healing solutions Lifechart is solving for this pain by its verified online consultations through India's best authentic coaches.
  • Power Gummies — Simplifying Good Health for Healthy Hair & Nails, the perfect beach body, & PMS Gummies Vitamins with a Natural Blend of Nutrition & Antioxidants.
  • Lazy Cocktails & Co — LazyCocktail.com is the ultimate domain name for a trendy, laid-back beverage brand. With a name that effortlessly conveys relaxation, fun, and a touch of indulgence, this domain is perfect for a startup looking to capture the essence of en
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Unilever Ventures
VC Fund · London, England, United Kingdom · 4 investments in India Retail startups

Unilever Ventures is the venture capital and private equity arm of Unilever. We support forward-thinking founders who are crafting brands for the modern consumer.

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Investment focus

  • Industry: Health Care, Beauty, Cosmetics
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 147
  • Round size: Seed $1M–$5.1M; Series A $3M–$14M; Series B $5M–$39M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $410M in 2019

Portfolio highlights

  • Perelel — Fertility, Prenatal, and Postnatal Vitamins for Every Stage of Motherhood
  • ESQA — The first and leading Vegan cosmetics brand in Indonesia that provides premium quality make up to enhance your natural beauty.
  • Create Wellness — Create Wellness: First-of-its-kind creatine monohydrate gummy. Take consistently everyday, anytime during the day to see results in 2-4 weeks. Our gummies are not designed for loading, and you may not experience traditional side effects if not loaded. Expect to experience the standard benefits of creatine monohydrate.
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Dalton Venture
VC Fund · Shanghai, Shanghai, China · 4 investments in India Retail startups

Dalton Venture is a fund management company that specializes in early stage investment and industrial mergers and acquisitions in the field of big health.

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Investment focus

  • Industry: Health Care, Medical, Medical Device
  • Stage:Seed, Series A, Series B
  • Geography: India, China, Canada

Investor stats

  • Total investments: 119
  • Lead/follow: no public data

Portfolio highlights

  • Astribot — Astribot is a developer of consumer humanoid robots and integrated bionic robots.
  • Yuantian Bio — Yuantian Bio is a biotechnology company specializing in enzymatic regeneration and commercial plastic PET applications. They have achieved low-cost fermentation preparation of over 10 enzyme preparations and large-scale biochemical product preparation.
  • Yuetong Eye Clinic — Yuetong Eye Clinic is a medical institution that provides myopia surgery for adults and myopia prevention and control for adolescents. It is a medical institution focusing on adult myopia surgery and adolescent myopia prevention and control.
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Singapore Angel Network
VC Fund · Singapore, Central Region, Singapore · 4 investments in India Retail startups

SGAN is an early stage VC anchored by the multi billion dollar Thakral Group of Companies and has investments across India, Singapore and the USA.

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Investment focus

  • Industry: E-Commerce, Health Care, Software
  • Stage:Seed, Angel, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 91
  • Lead/follow: no public data

Portfolio highlights

  • MyCaptain — MyCaptain is an online learning and teaching platform offering online courses with placements and certification programs. Upskill industry knowledge in the fields of business, marketing, design, content, and more.
  • Dawaa Dost — Dawaa Dost specializes in the pharmacy retail chain of generic medicines in India. The company focuses on the availability of affordable generic medicines. Dawaa Dost was founded by Amit Choudhary and Yash Harlalka and is based in India.
  • The Ayurveda Experience — The Most Trusted and Recognized Ayurveda Platform in North America and Australia, Your One-Stop Shop for All Things Ayurveda! Customized to your Dosha or Body Type, enabling the most personalized Ayurveda Experience. Free Shipping to most parts in the world for orders over 30 USD!
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Artha Group
VC Fund · Mumbai, Maharashtra, India · 4 investments in India Retail startups

Artha India Ventures' league of member Angel Investors mentor and invest in nascent ventures with business ideas that create value by participating in the entrepreneurial process. AIV have invested in more than 47 start-ups and has diversified portfolio ranging from last minute hotel bookings (HotelsAroundYou.com), to classes aggregators(FindUrClass.com), cosmetic ecommerce (Purplle.com) and at home salon services (The Home Salon). From microfinance credit rating platforms (Inventure) to online interview platforms (Talview), electronic repair & insurance companies (PickMeIndia.com), Cloud Telephone (Exotel.com) and Cab Aggregators (BookMyCab.com) the portfolio has it all.

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Investment focus

  • Industry: Information Technology, Internet, E-Commerce
  • Stage:Seed, Angel
  • Geography: India, United States, Kenya

Investor stats

  • Total investments: 116
  • Round size: Seed $141k–$2.5M; Angel $71k–$652k
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $47M in 2022

Portfolio highlights

  • Futwork — With Futwork, learn for free and get a telecaller job. Find Work from Home jobs in India. Flexi hours & work suitable for freshers and women. Earn from home now!
  • KarmaLifeAI — KarmaLifeAI is an AI-powered digital solution for the financial well being of blue-collar gig workers and micro-business. The company allows the user to pay directly for key expenditures and smoothen their consumption patterns. It offers real-time access to credit for gig workers, based on their payroll account, through partnerships with thedigital platforms they work for. It operates an interest-free subscription model in which the platform or the gig worker can pay a flat fee and access credit equalling up to one-third of their monthly income. The company analyzes alternative data points and payment behavior over time to unlock higher credit lines for the workers.
  • Himshakti — Bringing power of Himalayas in the form of seasoned salt, pink salt (sourced from India) and various other authentic Himalayan food products such as millets, spices, rice, juice, etc to your home. We are the first company to launch Indian pink salt. We also cater to restaurants and supply our products pan India.
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SucSEED Indovation
VC Fund · Hyderabad, Andhra Pradesh, India · 4 investments in India Retail startups

SucSEED Indovation offers access to capital for deep tech startups to scale and grow. SucSEED supports early-stage deep tech and tech-driven startups providing solutions to the large-scale needs of India and with the potential to serve global emerging market needs too.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: India, United States

Investor stats

  • Total investments: 72
  • Lead/follow: no public data

Portfolio highlights

  • GameEon Studios — GameEon Studios is a creative game development and publishing company that specializes in creating games for an exciting and meaningful experience.
  • Beat22 — Beat22 is an industry organization that provides computer infrastructure to music and sound creators so they may market, offer, monetize, and license their original beats and sounds.
  • Str8bat Sport Tech Solutions — The str8bat cricket bat sensor is a lightweight, pocket-sized motion sensor that gives you instant, visual and actionable insights into your batting. Get
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Lead Angels Network
VC Fund · Mumbai, Maharashtra, India · 4 investments in India Retail startups

Lead Angels is India's first angel network focused on IITs.Founded by a team of three originally from Indian Institute of Technology, Bombay including a retired professor, a recent graduate and an incubator manager.The network members provide time and money to disruptive startups across India. Its members are successful entrepreneursacross different sectors.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Angel
  • Geography: India, United States

Investor stats

  • Total investments: 97
  • Round size: Seed $135k–$1.5M; Angel $82k–$595k
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Grest — Buy your dream iPhone at an affordable price. Grest offers best in class certified premium refurbished iPhone with 6 month warranty at the best prices in India.
  • Kidbea — Kidbea is India's first sustainable fashion-tech brand exclusively for kids. We make "certified organic, spill-proof, anti-bacterial, breathable, and softest" kids products. We aim to provide non-toxic sustainable products to the children and a relaxed parenting to every toddler's parent.
  • goStops — Book cool & affordable youth hostels with dorms across India. Social stays, great locations & Gen Z vibes with goSTOPS | Goa Rishikesh Mussoorie Nainital Bengaluru Delhi Coorg Ooty
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Retail VC funding in India at a glance

Stats across 869 deals from 802 investors.

802
investors
in India Retail startups
869
deals
in India Retail startups
$3.5M
median round
in India Retail startups
52%
lead investors
lead at least one round
35%
Seed
most common funding stage

Access all 802 VC funds in India Retail startups.

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