Top18 Venture Capital Firms in India| Best VC Firms of 2022

Start-up companies need a certain amount of investment to grow. Wealthy investors like to invest in businesses with a view to long-term growth. This money is known as venture capital and investors are called venture capitalists. Venture capital investments are made when an investor buys shares of companies and becomes the financial partner of their business.

The startup ecosystem is growing very fast in India. The number of startups is increasing by 17% every year. Even in the midst of the 2020 pandemic, there was an influx of nearly $10 million in venture capital investments. According to statistics, even Startups with great ideas tend to fail due to insufficient funds.

Money is extremely important to the smooth running of any business, when a business is experiencing consistent growth, it needs financing to scale. Previously only banks and other sources were available for financing, now Angel investors and Venture capital firms (VCs) also provide financing to businesses and this is more reliable.

To make it simple, those who are startups need financing to grow and cannot get that financing from the public, so wealthy financial giants help startups with financing.

Venture Capital funds are funds invested by financial giants and entrepreneurs known as Venture Capitalists. Funds here are invested in early-stage startups that show potential to thrive and grow into a profitable businesses.

There are over 650 VCs funding early-stage startups. VCs are recognized by SEBI and considered the most suitable form of financing for early-stage businesses and startups seeking large capital investments.

1. Indian Angel Network

Founded by Padmaja Ruparel, IAN is a SEBI-registered network of Angel Investors eager to invest in small businesses and start-ups with great ideas.

In 2017 the club already had 450 members from 11 countries. T Corporation has invested in businesses like PregBuddy and SuperProfs. Co-founder Padmaja Ruparel entered Fortune (magazine’s) India’s Most Powerful Women list in 2018.

On 8 November 2020, the Indian Angel Network (IAN) announced its collaboration with Bangladesh Angelic Network (BAN). The aim is to collaborate in promoting sourcing, cross-referencing, and linkages in tech-enabled companies in India and Bangladesh to create a conducive environment for venture finance in both ecosystems.

Significant Investments WebEngage, Wow! Momo, Druva, Box8, Faballey, Little Black Book. They have more than 470 investors under its management. Investing in companies with an average ticket size of approximately $400,000 – $600,000 and with a strategic sale over a three to five-year period. He also runs a VC fund that has raised $33.2 million so far.

2. Blume Ventures

Blume Ventures is an early-stage startup venture capital fund based in Mumbai, Maharashtra, India. The organization was established in 2010 as a venture capital firm with the aim of developing startup financing in India.
Founded by Karthik Reddy and Sanjay Nath, the VC aimed to bridge the gap between angel investors and larger institutional investors. The major investments of the company are Dunzo, Unacademy, Instamojo, Procol, HealthAssure, and Milkbasket.

The company launched its first micro-VC fund in 2011 and was the first institutionalized early-stage investor at the time.

Blume Ventures purchased a $41 million opportunity fund in 2020, making it one of the most prominent local opportunity funds among Indian venture capital firms focused on investing in high-performing portfolio companies. The company has about three other funds, the last one closing at $102 million just before the pandemic hit India. The VC firm has a total capitalization of approximately $225 million.

3. Sequoia Capital

Based in Menlo Park, California, Sequoia Capital is an American venture capital firm. Sequoia Capital invests in both public and private firms. Since 1972, Sequoia Capital has invested in more than 1,000 firms, including Apple, Google, Oracle, Nvidia, Github, and others. It is mostly focused on the technology industry.

Significant investments BYJU’S, Beer 91, OYO, Khatabook, Rupeek, Meesho, and CRED are funding Early Stage Venture, Late Stage Venture, and Seed stages. Sequoia Capital is an American venture capital firm headquartered in Menlo Park, California. they have a valuation of $5.4 billion spread across seven funds under management in India alone.

The VC firm also has a programmed accelerator called Surge to mentor and invest in companies in Southeast Asia, including India. Every six months, Sequoia shortlists 15 to 20 startups and raises between $1M and $2M in capital investment with other investors. According to IVCA’s report, Sequoia Capital invested in the largest number of startups in 2020.

It closed its second seed fund at $195 million on March 25, 2021, as part of the 16-week accelerator funding program Surge. It mainly invests in Health, Consumer Internet, Finance Sector, and Technology sectors. It has 4 funds with 45 investments and 5 outlets.

4. Nexus Venture Partners

Nexus Venture Partners was founded in 2006 as a venture capital firm. Nexus Venture Partners is the first India-US venture capital firm founded in Silicon Valley and Mumbai. The organization has grown into a well-known venture capital firm that assists various companies with financing, including WhiteHat Jr., Rapido, Delhivery, Zomato, and others.

With an average ticket size of 500K-10 Million Dollars, the company invests in companies in the early growth stage. In its initial funding, the company raised $100 million.

Notable investments of the company include WhiteHat Jr, Delhivery, Rapido, Unacademy, Druva, Jumbotail, Bolo App, Pratilipi, Zomato, etc. with total opportunities: of 80. They invest in small businesses in their early stages.

The company also participates in subsequent investment rounds at later stages. The firm raised $100M in its first funding round and closed its fifth fund at $450M in May 2019. The company has 254 investments with 113 pioneering investments and 36 exits.

5. Accel  Partners

Accel, formerly known as Accel Partners, is a venture capital firm headquartered in Palo Alto, California, United States. The company has offices in Palo Alto and San Francisco, as well as operations in India, China, and London. Accel has invested in several notable startups over the years, including Facebook, Flipkart, Atlassian, Slack, Spotify, Etsy, and others.

His notable investments are $450 million in Flipkart and Swiggy in 2016. The most recent investment in India was on January 27, 2021, when VenWiz raised $3 million. It has invested around 1,556 and provided 311 exits, 605 main investments, and 29 financings so far.

Accel currently manages more than $1.6 billion in assets. In India, it has closed about six funds. Flipkart, Swiggy, Blackbuck, Cure. fit and other Indian companies are among those funded by the company. The Firm’s growth capital investments are concentrated in more mature businesses that require higher amounts of capital to expand their operations.

6. Steadview

Steadview Capital Management is a Hong Kong-based venture capital firm that started operations in 2009. Steadview Capital invests in companies in their early and growth stages. Steadview Capital invests in e-commerce businesses.

The company invests in early-stage startups and later-stage startups. He has invested in Indian unicorn start-ups such as Dream11, Nykaa, Ola, Unacademy, Policybazaar, Zomato, and Lenskart. In December 2020, Steadview invested $660 million in the J-series funding round.

Flipkart, Ola Cabs, Saavn, and Urban Ladder are among the top venture capital firm-funded startups.

7. Kalaari Capital

Vani Kola founded Kalaari Capital in Bengaluru in 2006. It focuses on Indian technology companies. To date, he has made more than 92 investments in three funds and more than 15 exits from firms such as Myntra and Snapdeal. He also took a step back from Zivame.

Kalaari Capital is responsible for assets of $650 million. It has a strong staff of advisors investing in the early stages in Bangalore. Kalaari is enthusiastic about investing in entrepreneurs who have the potential to become the global leaders of tomorrow.

This firm raised $290 million in 2015, the largest fund raised by an Indian venture capital firm at the time.

8. Matrix Partners

Matrix Partners is a venture capital-focused private equity investment firm based in the United States. In the United States and India, the firm invests in seed and early-stage firms. It primarily focuses on the software, communications, semiconductors, data storage, Internet, and wireless industries.

Matrix has stakes in Apple, Alteon WebSystems, and Office Club. It is believed to manage around $4 billion in assets. With its second fund, the business has invested in more than 549 businesses around the world.

Not only does it invest capital in companies with high growth potential, but also in recruiting, strategy, partnerships, etc. It helps them in important areas such as Investment listings including Ola, Practo, Dailyhunt, Mawipe, Five-star business finance, Treebo, and Limeroad. , Razorpay, Zip loan, Ofbusiness, etc. Its outlet has store tips, justdial, and testbook.com.

He invested $110 million in Ofbusiness in April 2021. His other recent investment is Antwalk, Crijo. Fun, OZiva, Captain Fresh, Vogo, Saveo, etc. The company has over 129 investments, including 65 and 9 exits.

9. Elevation Capital (SAIF Partners)

Elevation Capital, formerly known as SAIF, was rebranded on October 20, 2020. It is a progressive and industry-neutral Asian private equity fund. The company is based in Gurugram, Haryana, India, and aims to make small investments in seed-stage, early-stage, and later-stage businesses.

Elevation Capital (formerly SAIF Partners) was founded in 2001 as the Softbank Asian Infrastructure Fund (SAIF) with a $400 million fund in which Cisco Systems and Softbank Group were the sole limited partners.

VC is one of the most successful firms in India since 2001. The company manages 400 Crores USD worth of assets. Headquartered in China and India, SAIF invests in startups from start-up capital to high-growth capital.

Notable investments include Capital Float, Firstcry, IndustryBuying, Aye Finance, Rivigo, Cleartax, Just Dial, MakeMyTrip, Meesho, Paytm, ShareChat, Swiggy, and more. The company’s capital is said to be $4 billion. Elevation Capital has more than 420 investments and 51 exits.

10. Omidyar Network India

Omidyar Network India was established in 2004. Omidyar Network India is a social impact investment firm. The company aims to invest in initiatives that help develop more equal and just societies for the benefit of all.

It provides grants to NGOs in areas such as digital identity, education, new technology, financial services, and others. The company launched the ReSolve Initiative, which aims to invest in developing solutions to two longstanding problems: MSMEs and the migrant workforce.

Spent more than $300 million in India’s startup environment. In addition, the company has agreed to invest an additional $350 million over the next five years. The social impact investment firm hopes to reach 500 million people with this investment.

11. Tiger Global Management

Tiger Global Management LLC is an investment firm focused on public and private firms in the global Internet, software, consumer, and fintech industries. The goal is to achieve world-class long-term investment returns.

It creates a one-of-a-kind investment platform worldwide. They invest in high-quality firms that benefit from long-term growth trends and are managed by strong management teams.

They typically invest in the technology, telecom, media consumer, and industrial sectors and provide Growth, Late Stage, Private Equity, and Post-IP funding. The company is said to have invested in approximately 442 companies across the globe with 7 designated funds.

 

Tiger Global Management raised $50 million in Zenoti. Some notable investments by VC firms are Urban Company, Flipkart, Moglix, OPEN, Ninjacart, Razorpay, etc.

12. BlinC Invest

BLINC Invest is a Mumbai-based Venture Capital firm founded in 2014 and invests in VC, Ed-tech, and Fintech startups.

BlinC Invest raised $13 million in a single venture fund, an alternative investment fund. This fund was announced on April 19, 2021, and has raised a total of $13 million. On June 16, 2021, BlinC Invest invested in Vital. This investment – ​​Seed Round – Vital – was worth $219 million.

BLinC Invest announced the establishment of a SEBI-registered Category-II Alternative Investment Fund (AIF) with a fund size of 100 crores and an initial close of Rs 30 crore. The fund will complete its final closing before the end of the year.

13. Venture East

Venture East has been investing since 1997 The longest-serving VC firm in India, founded by Sarath Naru. The company is looking at investments of more than $325 million in companies and science-based startups in the IT sector.

Venture East has invested in more than 70 startups and this number is only expected to increase in the coming period. The company is Financial Services, Digital Healthcare, Consumer-focused and Retail, Pharmaceutical, and Life Sciences Funded Startups – eYANTRA, Portea, Goli Vada Pao, etc.

14. Chiratae Ventures

Founded by TCM Sundaram and Sudhir Sethi It is a famous and trusted name among all Indian startups with more than 15 years of experience in this field, Mobile, Engineering, Media and Technology, and Health-Technology, etc. They invest in niches.

First Cry, Yatra, Lenskart, Myntra, Zivame, etc. To date, they have provided funds to more than 200 companies. Investment shares range from 1 million to 10 million dollars.

Chiratae Ventures has invested in 114 companies. Pyxis One raised $17 million on September 15, 2021, their most recent investment.
The VC firm has made seven investments in diversity. SquadStack raised $5 million in diversity funding on September 29, 2020.
He has 36 outlets to his credit. Shazam Entertainment, EverString, and Flyrobe are some of Chiratae Ventures’ top debuts.

15. 3one4 Capital

3one4 Funding is an early-stage venture capital firm based in Bangalore.
The firm’s key areas include machine-driven actionable intelligence services for business, enterprise automation, consumer products, finance, media, multilingual content development, and healthcare.
The venture capital business manages a $110M corpus and portfolios of more than 50 early-stage investments.

3one4 has invested in companies such as Licious, Betterplace, Open, ToneTag, DarwinBox, Faircent, Bugworks, YourStory, Tripoto, Licious, and Tracxn.

16. Helion Venture Partners.

Helion Consultants Pvt. Ltd. (Helion Venture Partners) is a Mauritius-based, India-based venture capital firm headquartered in Bengaluru and established in 2006.

The VC firm invests in high-growth technology-driven businesses and consumer services.
Helion Venture Partners has raised a total of $519 million in two funds, the most recent being Fund IV. This fund was announced on April 16, 2015, and has raised $300 million.

The firm has invested in 139 companies. Slintel raised $1.5 million with its most recent investment on December 12, 2019.
Helion Venture Partners has made five investments in diversity. Slintel raised $1.5 million for its diversity fund on December 12, 2019.

The venture capital firm has 31 exits. BigBasket, Simplilearn, and ShopClues are among the major outlets of Helion Venture Partners.

17. Mumbai Angels Network

Established in 2006, Mumbai Angels Network (MA Network) is India’s primary investment platform focused on investing in emerging businesses. Currently, the venture investment platform has a portfolio of more than 160 companies with 25 exits.

Mumbai Angels were one of the investors of defense technology firm Big Bang Boom Solutions in the third quarter and invested $1.5 million in a Series A round. Myntra, Purplle, InMobi, and Dhruva Space are among the companies that received funds from the investment platform.

Gameeon’s most recent investment was on September 9, 2021, when they raised $320K.
The company has made four investments in diversity. The most recent investments in diversity took place on January 1, 2019, when the Privately funded Mumbai Angels Network had 25 exits. Myntra, BabyChakra and NowFloats are among the most famous outlets of Mumbai Angels Network.

18. 100X.VC

Mumbai-based venture capital firm is offering start-ups INR 2.5 million. 100X. VC is the first venture capital firm to use India SAFE (India Simple Agreement for Future Capital) Notes to invest in early-stage firms.

In the third quarter, VC firm Mindpeers made nine equity deals, including investments in seed-stage firms from various industries, including BatteryPool and Pracify.
100X.
VC has made 31 investments. FilterPixel raised 2.5 million on September 24, 2021, their most recent investment.

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