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Top 50 Payments Startup Investors in India (May 2026)

The most active venture capital funds and angel investors investing in India Payments startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in India Payments startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Amrish Rau
Angel
14 India, Singapore, Indonesia Seed, Series A, Pre-Seed Financial Services, FinTech, Payments $384k–$22M
Blume Ventures
VC Fund
12 India, United States, Singapore Seed, Series A, Series B Software, E-Commerce, Financial Services $310k–$32M
Jitendra Gupta
Angel
10 India, Singapore, United States Seed, Series A, Angel Financial Services, FinTech, Payments $100k–$12M
Better Capital
VC Fund
10 India, United States, Singapore Seed, Pre-Seed, Series A Software, Financial Services, Information Technology $250k–$20M
BEENEXT
VC Fund
9 India, Japan, Indonesia Seed, Series A, Series B Software, E-Commerce, FinTech $500k–$51M
Kunal Shah
Angel
9 India, United States, Singapore Seed, Series A, Pre-Seed Financial Services, FinTech, Internet $150k–$13M
Prime Venture Partners
VC Fund
7 India, United States, Singapore Seed, Series A Software, FinTech, Information Technology $500k–$12M
Peak XV Partners
VC Fund
7 India, United States, Singapore Series A, Series B, Seed Software, Financial Services, E-Commerce $1.6M–$100M
Matrix Partners India
VC Fund
6 India, United States, Singapore Seed, Series A, Series B Financial Services, Internet, E-Commerce $1M–$24M
Venture Highway
VC Fund
6 India, United States, Singapore Seed, Series A, Series B SaaS, Information Technology, Software $400k–$19M
3one4 Capital
VC Fund
6 India, United States, Singapore Seed, Series A, Series B Software, Financial Services, Information Technology $490k–$26M
Kalaari Capital
VC Fund
6 India, United States, Singapore Series A, Series B, Seed E-Commerce, Internet, Software $850k–$23M
Kevin Lin
Angel
5 United States, India, United Kingdom Seed, Series A, Pre-Seed Gaming, Information Technology, Video Games $150k–$20M
IvyCap Ventures
VC Fund
5 India, United States, Canada Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $300k–$9M
Kae Capital
VC Fund
5 India, United States Seed, Series A, Series B E-Commerce, Software, Financial Services $462k–$32M
General Catalyst
VC Fund
5 United States, United Kingdom, India Series A, Series B, Seed Software, Health Care, Internet $1M–$80M
Singapore Angel Network
VC Fund
5 India, United States, Singapore Seed, Angel, Series A E-Commerce, Software, Health Care $100k–$4M
Global Founders Capital
VC Fund
5 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $725k–$30M
Elevation Capital
VC Fund
5 India, United States, Singapore Series A, Seed, Series B Software, Financial Services, E-Commerce $1.5M–$30M
Flourish Ventures
VC Fund
4 United States, India, Brazil Series A, Series B, Seed FinTech, Financial Services, Finance $1.3M–$65M
Seth Weinstein
Angel
4 United States, India, Canada Seed, Pre-Seed, Series A Financial Services, FinTech, Finance $120k–$2.5M
Lightspeed India Partners
VC Fund
4 India, United States, Indonesia Series A, Seed, Series B Software, Internet, Information Technology $1.7M–$110M
Kunal Bahl
Angel
4 India, United States, Singapore Seed, Series A Internet, E-Commerce, Software $200k–$11M
Varanium Capital Advisors
VC Fund
4 India Seed, Series A, Pre-Seed Financial Services, FinTech, Information Technology $384k–$60M
Xseed Partners
VC Fund
4 India, United States Seed Software, Artificial Intelligence, Education $55k–$100k
Sandeep Nailwal
Angel
4 United States, India, Singapore Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Financial Services $100k–$18M
Sriram Krishnan
Angel
4 United States, India, France Seed, Series A, Angel Software, FinTech, Financial Services $1.2M–$22M
VentureSouq
VC Fund
3 United States, United Arab Emirates, Saudi Arabia Seed, Series A, Series B FinTech, Financial Services, Software $250k–$50M
Ashneer Grover
Angel
3 India, France, Singapore Seed, Series A, Pre-Seed Financial Services, FinTech, Internet $72k–$25M
growX ventures
VC Fund
3 India, United States, Canada Seed, Series A Financial Services, Software, Health Care $257k–$13M
Anand Chandrasekaran
Angel
3 India, United States, Singapore Seed, Series A, Series B Software, SaaS, E-Commerce $300k–$6M
JITO Angel Network
VC Fund
3 India, France, Israel Seed, Pre-Seed, Angel Education, Health Care, E-Commerce $67k–$7M
Quona Capital
VC Fund
3 India, Brazil, Indonesia Series A, Series B, Seed Financial Services, FinTech, Finance $1.1M–$45M
GenNext Ventures
VC Fund
3 India, United States, France Seed, Series B Software, Information Technology, Machine Learning
Cloud Capital
VC Fund
3 India, United States, United Kingdom Seed, Series A, Pre-Seed Software, Financial Services, Internet $1M–$5.1M
Binny Bansal
Angel
3 India, United States, Singapore Seed, Series A Software, Internet, Apps $480k–$18M
Lalit Keshre
Angel
3 India, Singapore Seed, Series A, Pre-Seed Financial Services, Health Care, FinTech $300k–$4M
Mumbai Angels
VC Fund
3 India, United States, Singapore Seed, Angel E-Commerce, Software, Food and Beverage $150k–$3M
Accel
VC Fund
3 United States, India, United Kingdom Series A, Series B, Series C Software, SaaS, E-Commerce $3.5M–$110M
Rajan Anandan
Angel
3 India, United States, Singapore Seed, Angel, Series A Software, E-Commerce, SaaS $30k–$5.2M
Malpani Ventures
VC Fund
3 India, United States Seed, Angel Health Care, Information Technology, Artificial Intelligence $120k–$1M
Jungle Ventures
VC Fund
3 Singapore, India, Indonesia Series A, Seed, Series B E-Commerce, Software, Financial Services $521k–$30M
Ujjwal Sahay
Angel
3 India Seed, Pre-Seed FinTech, Blockchain, Cryptocurrency $60k–$150k
Omnivore
VC Fund
3 India, United States Seed, Series A, Series B AgTech, Agriculture, Farming $200k–$12M
PayU GPO
VC Fund
3 India, United States, United Kingdom Series A, Series B, Seed Financial Services, FinTech, Payments $4M–$300M
Coinbase Ventures
VC Fund
3 United States, Singapore, India Seed, Series A Blockchain, Cryptocurrency, Financial Services $2M–$40M
Polychain
VC Fund
3 United States, Singapore, Switzerland Seed, Series A Blockchain, Cryptocurrency, FinTech $1.3M–$26M
EMVC
VC Fund
3 India, Singapore, United States Seed, Series A, Pre-Seed Financial Services, FinTech, Software $1.3M–$20M
Venture Gurukool
VC Fund
3 India Seed, Angel Financial Services, FinTech, Payments
Earlsfield Capital
VC Fund
3 India, Singapore, United Kingdom Seed, Series A Financial Services, FinTech, Real Estate $1M–$20M
Access all 492 investors in India Payments startups.

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

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Investor list

Amrish Rau
Angel · 14 investments in India Payments startups

Amrish Rau is the CEO of Pine Labs.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, Singapore, Indonesia

Investor stats

  • Total investments: 56
  • Round size: Seed $384k–$8.5M; Series A $4M–$22M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • KUmar Pradeep — Cart Abandonment Rate is the percentage (%) of online visitors who add items to their shopping cart but then abandon it without making a purchase. It shows the rate at which your potential customers are leaving without buying.
  • OTPless — Experience the future of user authentication with OTPLESS. Our one-tap sign-in solution eliminates the need for passwords and OTPs, offering a secure, convenient, and user-friendly alternative.
  • CoinCRED — CoinCRED allows users to buy, sell, and trade cryptocurrencies.
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Blume Ventures
VC Fund · Mumbai, Maharashtra, India · 12 investments in India Payments startups, 26 in the past 12 months

Blume Ventures provides pre-series A and early stage funding to tech-focused/tech-enabled ventures. They are typically the first institutional investors in their portfolio companies and invest for about 8-10 years. They are proponents of a collaborative approach and like to co-invest with like-minded angels and seed funds. They then providefollow-on investments to their stellar portfolio companies.

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Investment focus

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

Investor stats

  • Total investments: 214
  • Round size: Seed $310k–$4M; Series A $1.5M–$11M; Series B $6M–$32M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $24M in 2023

Portfolio highlights

  • Atomicwork — Atomicwork is an employee experience platform that makes it incredibly easy for your teams to find information and get help at work.
  • Flash.co — Flash is a payments management app.
  • Drip Project — Globally acclaimed, DRIP PROJECT is an Indian-based brand that draws inspiration from multiple cultures. With our motto, Luxury made affordable, we inspire you to show the world your inner shine. We exist to express that inner shine through high quality handcrafted jewellery.
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Jitendra Gupta
Angel · Mumbai, Maharashtra, India · 10 investments in India Payments startups

Jitendra Gupta is the Founder of Jupiter.

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Investment focus

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

Investor stats

  • Total investments: 60
  • Round size: Seed $250k–$9M; Angel $100k–$3M; Series A $4M–$12M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • KUmar Pradeep — Cart Abandonment Rate is the percentage (%) of online visitors who add items to their shopping cart but then abandon it without making a purchase. It shows the rate at which your potential customers are leaving without buying.
  • OTPless — Experience the future of user authentication with OTPLESS. Our one-tap sign-in solution eliminates the need for passwords and OTPs, offering a secure, convenient, and user-friendly alternative.
  • CoinCRED — CoinCRED allows users to buy, sell, and trade cryptocurrencies.
Show all investments...

Better Capital
VC Fund · Santa Clara, California, United States · 10 investments in India Payments startups, 12 in the past 12 months

Better is a micro venture firm that creates and invests in innovative business which deliver value & impact, and have a strong focus on profitability. Better Labs is our operating portfolio of product businesses that we create and fund and includes ReadyContacts, PicBackMan, DataDoctor, Magik, Simple wall, and Maroun Place.

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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: 152
  • Round size: Seed $600k–$4M; Pre-Seed $250k–$1.3M; Series A $5.2M–$20M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $15M in 2021

Portfolio highlights

  • Houseware — Houseware is a modern revenue engine for B2B SaaS teams to work with metrics, create intelligent workflows, and drive predictable revenue outcomes.
  • Hypd Marketing Technologies Pvt Ltd — Shop from your favourite Creator's recommendations directly from their store! | #ItsAFullTimeJob | #getHYPD
  • Blitz — Blitz is a delivery platform that helps to ecommerce business to get immediate delivery in India.
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BEENEXT
VC Fund · Singapore, Central Region, Singapore · 9 investments in India Payments startups, 14 in the past 12 months

BEENEXT is a Venture Capital fund managed by serial entrepreneurs that focuses on assisting founders with its operational experience, network, trust, unique perspectives, and the capital. The team invests in early-stage tech start-ups that are focused on building the new digital platforms driven by the data network. BEENEXT aims to establish aplatform of founders, by the founders and for the founders across the globe, primarily in South East Asia, India and Japan. Since its establishment in 2015, the team has invested in over 180 companies globally.

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Investment focus

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

Investor stats

  • Total investments: 222
  • Round size: Seed $500k–$11M; Series A $3M–$28M; Series B $4.6M–$51M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • FoodMap — FoodMap is a startup with the goal of connecting customers with ethical farmers and food suppliers directly.
  • Gushwork — Gushwork provides a platform for small and medium businesses to get on-demand access to cross-border, AI-augmented remote workforce. They are enabling a one-click process for businesses to delegate or automate their day to day mission-critical business workflows.
  • StepChange — Discover StepChange, India's best platform for ESG management. Measure, analyse, report, and reduce emissions. Request a free demo to get started!
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Kunal Shah
Angel · Bengaluru, Karnataka, India · 9 investments in India Payments startups, 43 in the past 12 months

Kunal Shah

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Investment focus

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

Investor stats

  • Total investments: 189
  • Round size: Seed $810k–$4M; Pre-Seed $150k–$2.3M; Series A $2.8M–$13M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Jugyah — Jugyah is a technology company transforming how the next billion urban Indians rent their homes.Our pioneering, fin-tech powered business model is radically changing the long term home rental market.We believe there is a better place (”jugyah”) out there for both renters and property owners where they feel like they belong. Our goal is to takethem there.Backed by the largest real estate developers in the country and some of the top tier angels and VCs, we are currently in beta.
  • Peping — India's best digital gastrointestinal care clinic. For gut health issues like constipation, bloating, acidity.Care plans by the best gastroenterologists and nutritionists.
  • Clinikally — Video consult top skin & hair doctors online with the expertise of over 30,000 patients. Shop with us & get the finest skin & hair care products now!
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Prime Venture Partners
VC Fund · Bengaluru, Karnataka, India · 7 investments in India Payments startups, 7 in the past 12 months

Prime Venture Partners is a natural destination for the startups targeting global markets

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Investment focus

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

Investor stats

  • Total investments: 71
  • Round size: Seed $500k–$1.2M; Series A $2.4M–$12M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — raised $108M in 2022

Portfolio highlights

  • ZuAI — ZuAI by ZuApp, an AI co-pilot for studying, offers personalized learning for Indian students. Join the waitlist to transform your study experience
  • Dozee — Dozee is the pioneer in contactless patient monitoring and early warning system using Artificial Intelligence. Trusted by 150+ hospitals and have saved 500+ lives
  • HighXP — HighXP focuses on social, casual games that are simple, aimed at a broad audience, and available on mobile platforms.
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Peak XV Partners
VC Fund · Bengaluru, Karnataka, India · 7 investments in India Payments startups, 41 in the past 12 months

We help the daring build legendary companies.

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Investment focus

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

Investor stats

  • Total investments: 458
  • Round size: Seed $1.6M–$24M; Series A $5M–$20M; Series B $6M–$100M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Aampe — AI-driven CRM Marketing Automation. Create personalized, omni-channel customer experiences that increase customer engagement and retention.
  • ClearFeed — Conversational Support Platform on Slack
  • Induced AI — Induced AI works to automate browser tasks. It runs a cloud to complete manual tasks on a browser with human-like reasoning capabilities.
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Matrix Partners India
VC Fund · Mumbai, Maharashtra, India · 6 investments in India Payments startups, 14 in the past 12 months

We work with visionary founders of early-stage startups to amplify their intrinsic talent.

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Investment focus

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

Investor stats

  • Total investments: 171
  • Round size: Seed $1M–$24M; Series A $3M–$15M; Series B $3.2M–$23M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Aampe — AI-driven CRM Marketing Automation. Create personalized, omni-channel customer experiences that increase customer engagement and retention.
  • Atomicwork — Atomicwork is an employee experience platform that makes it incredibly easy for your teams to find information and get help at work.
  • Captain Fresh — Captain Fresh is a freshwater fish and seafood supply chain platform. Captain Fresh is a B2B marketplace leveraging technology to deliver the fastest harvest-to-retail in the industry. The company focuses on aggregating the fragmented retail demand across the country and linking them to the small fishermen and farmers throughout the Indian coast.The company was founded in 2019 and is based in Bengaluru, India.
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Venture Highway
VC Fund · New Delhi, Delhi, India · 6 investments in India Payments startups, 6 in the past 12 months

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

Investor stats

  • Total investments: 79
  • Round size: Seed $400k–$7.5M; Series A $2M–$16M; Series B $9M–$19M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Kidovo — Start your kids interactive learning with Kidovo. Engage, educate, and inspire your children with our fun activities with their favorite characters. Install now and ignite your child's love for interactive learning!
  • Weekday — At Weekday, we help companies hire engineers who are vouched by other software engineers. We are enabling engineers to earn passive income by leveraging & monetizing the unused information in their head about the best people they have worked with.
  • Kintsugi — Automating sales tax for businesses globally
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
3one4 Capital
VC Fund · Bangalore, Karnataka, India · 6 investments in India Payments startups, 9 in the past 12 months

At 3one4, we are biased towards action and channel the relevant resources to support generational innovation engines out of India. We partner with early-stage companies that are mission-oriented and are setting new standards for inclusive value creation and sustainable growth.

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Investment focus

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

Investor stats

  • Total investments: 145
  • Round size: Seed $490k–$10M; Series A $2.5M–$13M; Series B $4M–$26M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $200M in 2023

Portfolio highlights

  • HighXP — HighXP focuses on social, casual games that are simple, aimed at a broad audience, and available on mobile platforms.
  • Facets.cloud — Platform Engineering made easy for large and complex infra setups. Set Ops guardrails and enable developer self-service with Facets' Internal Developer Platform.
  • Datamotive.io — Datamotive is a firm that provides the seamless migration of workloads in a hybrid multi-cloud environment with a guaranteed SLA of 10 minutes. Its unique approach safeguards enterprises against data loss caused by cloud security misconfigurations, data breaches, or corporate network corruption.
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Kalaari Capital
VC Fund · Bangalore, Karnataka, India · 6 investments in India Payments startups, 11 in the past 12 months

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

Investor stats

  • Total investments: 184
  • Round size: Seed $850k–$3.5M; Series A $2M–$12M; Series B $3.3M–$23M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • EloElo — Look Good, Feel good daily with India’s #1 Short Videos App for Health, Beauty & Lifestyle ! 100% Made in India, Made for India App that lets you watch entertaining & informative 60 second videos and also win 100s of Products free
  • Digantara — Digantara is an Indian Space Technology Company incubated at Indian Institute of Science (IISc).
  • Zluri — One place to Discover, Optimize & Govern SaaS
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Kevin Lin
Angel · San Francisco, California, United States · 5 investments in India Payments startups, 8 in the past 12 months

Lin is the COO of Twitch, the world’s leading social video platform and community for gamers. He was instrumental in the 2011 launch of the platform when he joined Justin.tv in 2008. His role included attracting the site’s largest broadcasters and building out the partnership team among other activities which have helped grow the Twitch brand.Currently more than 100 million gamers gather every month on Twitch to broadcast live video, watch and chat about gaming, making the platform an industry leader.

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Investment focus

  • Industry: Gaming, Information Technology, Video Games
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 110
  • Round size: Seed $750k–$8.3M; Pre-Seed $150k–$1.8M; Series A $6M–$20M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • AnotherBall — AnotherBall = Digital + Entertainment + Token economy
  • Blacktop Hoops — Blacktop Hoops is a streetball-inspired multiplayer VR basketball game. Chain together flashy dribble tricks, shots, and high-flying dunks to finish off AI opponents or players across the globe in epic streetball matches.
  • Scriptic — Scriptic, interactive story games on mobile.
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IvyCap Ventures
VC Fund · Mumbai, Maharashtra, India · 5 investments in India Payments startups, 10 in the past 12 months

IvyCap Ventures has launched a venture capital fund guided by an entrepreneur-centric investment approach. We celebrate excellence, innovation, fresh ideas in sunrise industries and, most importantly, the entrepreneurial zeal that is at the core of a business venture.Our vision is to build a portfolio of world-class enterprises, driven byexceptional entrepreneurs and powered by IvyCap Ventures.

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Investment focus

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

Investor stats

  • Total investments: 71
  • Round size: Seed $300k–$2.6M; Series A $1.5M–$9M; Series B $4M–$8M
  • Lead/follow: 68% lead, 32% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Lissun — Lissun is an online counselling platform, which allows you to get expert advice and counselling for any mental health problem anytime and from the comfort of your own home.
  • GradRight — GradRight provides education loans for students through their loan bidding platform. They also provide educational scholarships and financial advisor services. Their scholarships include financial and women's empowerment scholarships.
  • Expertrons — Expertrons is an upskilling platform that offers advanced training programs | BSFI | HR | Marketing and many more to assure 100% professional success.
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Kae Capital
VC Fund · Mumbai, Maharashtra, India · 5 investments in India Payments startups, 8 in the past 12 months

Kae Capital is a pioneer of early-stage investing in India, focused on tech startups, and has been investing in India for 10+ years.

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Investment focus

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

Investor stats

  • Total investments: 107
  • Round size: Seed $462k–$1.8M; Series A $2.1M–$7.1M; Series B $4.7M–$32M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $92M in 2019

Portfolio highlights

  • ONWO — India's first digitally enabled food export platform
  • Contlo — Contlo enables you to generate more revenue, increase retention, and automate personalized experiences for your ecommerce customers through AI powered CDP +
  • Disprz — Transform your workforce with Disprz's Skills & Learning Platform. Drive learning, upskilling, & mobility with solutions built for the future of work.
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General Catalyst
VC Fund · Cambridge, Massachusetts, United States · 5 investments in India Payments startups, 67 in the past 12 months

Investing in powerful, positive change that endures

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Investment focus

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

Investor stats

  • Total investments: 883
  • Round size: Seed $1M–$7.5M; Series A $5M–$30M; Series B $9M–$80M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — raised $600M in 2021

Portfolio highlights

  • Evvy — Evvy is for people with vaginas who want to be empowered with information about their microbiome. Their mission is to close the gender health gap by discovering and leveraging overlooked biomarkers in the female body — starting with the vaginal microbiome.
  • QuriousBit — QuriousBit is a gaming studio that develops casual puzzle games for mobile platforms.
  • Cartwheel — Cartwheel provides multi-tiered, evidenced-based mental health support from licensed clinicians, designed around your entire school community.
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Singapore Angel Network
VC Fund · Singapore, Central Region, Singapore · 5 investments in India Payments 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, Software, Health Care
  • Stage:Seed, Angel, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 84
  • Round size: Seed $150k–$3M; Angel $100k–$650k; Series A $1.4M–$4M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • MyCaptain — MyCaptain is an Edtech platform that helps people transform passion into a career, with guidance from 200 plus professionals who have made a mark in their respective fields.. MyCaptain aims to enable every human to pursue careers they truly love, right from Content creation, Writing, Design, to name a few, and facilitate their growth in the field.The platform aims to train more than a Million learners in new age professions in the year 2025.
  • 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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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 5 investments in India Payments startups, 36 in the past 12 months

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 751
  • Round size: Seed $1.1M–$7.2M; Pre-Seed $725k–$5M; Series A $3.3M–$30M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
  • Momento — Momento is an insurtech company with the objective of revolutionizing the insurance industry in Latin America, starting with car insurance. We want to make insurance easy and accessible for the underserved population in LATAM.
  • Equilibrium Energy — Equilibrium Energy operates at the intersection of grid variability, market volatility, economic optimization, commercial structuring, trading, and risk management, across the end-to-end power value chain. Their ambition is to become a next-generation clean power company that reshapes the energy industry. They address inquiries through onlineapplications.
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Elevation Capital
VC Fund · Gurgaon, Haryana, India · 5 investments in India Payments startups, 15 in the past 12 months

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, Singapore

Investor stats

  • Total investments: 134
  • Round size: Seed $1.5M–$6.2M; Series A $3M–$13M; Series B $7.2M–$30M
  • Lead/follow: 78% lead, 22% follow
  • Last fund: Likely still investing — raised $670M in 2022

Portfolio highlights

  • Brine.fi — The best onchain spot trading crypto exchange
  • Aaritya Technologies — Because when you trade, we want you to trade like a pro.
  • Mesa School of Business — World's first business school built by the startup ecosystem, for the startup ecosystem!
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Flourish Ventures
VC Fund · Redwood City, California, United States · 4 investments in India Payments startups, 11 in the past 12 months

We are an early-stage global venture capital firm investing in fintech founders.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 132
  • Round size: Seed $1.3M–$15M; Series A $4.3M–$35M; Series B $7.2M–$65M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • ZestMoney — Enjoy the convenience of shopping for electronic gadgets, fashion, travel, education on EMI without credit card. No debit card or credit score required!
  • Flash — Flash is a mobile application and financial service company that facilitates digital payments to businesses.
  • Indifi Technologies — Indifi Technologies is a digital lending platform that offers loans to those that have potential and intent.Indifi believes in helping small businesses grow by offering loans to those that have potential and intent. Most such businesses have little or no access to financing from traditional institutions such as banks or lack either collateral orfinance data trail to access a loan.Indifi is a technology platform that gathers and analyzes data of businesses from various sources and draws insights to judge their creditworthiness, their past and current performance in the context of the industry they are operating in. This differentiated approach helps find businesses that are low on risk and high on promise thus opening up possibilities for those who earlier had no access to short or long term business funding.Indifi takes the relevant applications to multiple lenders, increasing the chances to secure a loan and creates choice for lenders to pick the ones they wish to back.
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Seth Weinstein
Angel · Weston, Connecticut, United States · 4 investments in India Payments startups

Seth Weinstein is a Managing Member at ZAX LLC.

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Investment focus

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

Investor stats

  • Total investments: 23
  • Round size: Seed $120k–$2.5M; Pre-Seed $120k–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • OpenSea — OpenSea is a peer-to-peer marketplace for crypto collectibles and non-fungible tokens. It includes collectibles, gaming items, and other virtual goods backed by a blockchain. On OpenSea, anyone can buy or sell these items through a smart contract.
  • Pry Financials — Pry is the first real alternative to Excel for pro forma financials. One platform for financial forecasting, headcount planning, and KPI dashboards.
  • Bedrock AI — Real-time forensic investment research. Bedrock AI is a web-portal for stock research. We extract red flags from SEC filings based on machine learned associations with downside risk.
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Lightspeed India Partners
VC Fund · New Delhi, Delhi, India · 4 investments in India Payments startups, 10 in the past 12 months

Lightspeed Venture Partners has invested in direct and cross-border. They invest across several stages and sectors, including technology-led businesses as well as non-technology opportunities in sectors such as advertising and media, business services, financial services, healthcare, education, and retail.

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Investment focus

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

Investor stats

  • Total investments: 91
  • Round size: Seed $1.7M–$11M; Series A $3.6M–$16M; Series B $6M–$110M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • Rep3 — Rep3 is a Web3 community management application. Rep3 uses gamification methods to assist lps encryption projects in managing communities, members, and contributions.
  • Gushwork — Gushwork provides a platform for small and medium businesses to get on-demand access to cross-border, AI-augmented remote workforce. They are enabling a one-click process for businesses to delegate or automate their day to day mission-critical business workflows.
  • Officebanao — Officebanao provides AI-powered space planning, 3D walkthroughs, various product selections, and real-time collaboration. They also provide clients with transparency by offering a variety of product selection options at cheap prices. They are revolutionizing the journey of workplace design and implementation by expediting the process with the useof proprietary in-house technologies.
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Kunal Bahl
Angel · New Delhi, Delhi, India · 4 investments in India Payments startups

Kunal is the co-founder and CEO of Snapdeal Private Limited, India's largest no-frills, value focused marketplace. Previously, he has also worked at companies such as Deloitte Consulting and Microsoft in the US. Kunal is an engineer from the University of Pennsylvania and holds a business degree from The Wharton School. He loves backpackingthrough remote parts of the world, savoring unique cuisines and studying development politics in India.

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Investment focus

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

Investor stats

  • Total investments: 83
  • Round size: Seed $200k–$5.2M; Series A $2.8M–$11M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • TyrePlex — Buy car and bike tyres. Best tyre price, features, reviews. Find right tyre size and tyre dealer details
  • BlueLearn — Find co-founders & teammates, apply to gigs, learn new skills, and meet passionate people.
  • Powerplay — Powerplay is India's 1st collaboration app built for construction companies that helps teams work together on infrastructure projects easily.
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Varanium Capital Advisors
VC Fund · Mumbai, Maharashtra, India · 4 investments in India Payments startups

Varanium Capital Advisors is a SEBI-registered portfolio management company that provides investment solutions to high networth individuals (HNI) and institutional clients, through customized investment products across a vast spectrum of traditional and alternate asset classes. Varanium Capital Advisors is an investment advisor to Varanium AssetManagement. Varanium Asset Management offers US Dollar denominated investment opportunities across debt, equity, and structured notes through its funds to offshore investors.Varanium Capital Advisors was founded on 1990 and is headquartered in Mumbai, India.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India

Investor stats

  • Total investments: 16
  • Round size: Seed $384k–$4.5M; Pre-Seed $800k–$60M; Series A $4M–$7M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $17M in 2021

Portfolio highlights

  • Spare8 — Spare8 is a micro-investment app for investing money in digital gold, enabling everyone to start their investment journey through its flagship feature- micro-investment.
  • TartanHQ — Build next-generation products and services for your customers with easy, real-time data connectivity to their payroll or HRMS through a single API
  • Navadhan Capital — Navadhan Capital offers capital to under-banked households.
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Xseed Partners
VC Fund · Hyderabad, Andhra Pradesh, India · 4 investments in India Payments startups

Xseed Partners is a part of Indian Start-up echo system and specialize in Startup Mentoring, Investment Advisory, Syndication and Consulting

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Investment focus

  • Industry: Software, Artificial Intelligence, Education
  • Stage:Seed
  • Geography: India, United States

Investor stats

  • Total investments: 19
  • Round size: Seed $55k–$100k
  • Lead/follow: 68% lead, 32% follow

Portfolio highlights

  • AnswerWise — AnswerWise is a stunningly simple AI layer for your customer support that helps deflect your common support queries while providing a seamless support experience for your customers.
  • Book My Bai — Bookmybai.com has over 10000 maids, baby sitters, nanny, cooks, patient care staff in Mumbai,Thane,Pune, Bangalore, Hyderabad and Kolkata. Select from over 50000 options and hire them at the click of a button
  • Bulbul Apps — BulBul Apps was started with a vision to enable illustrators, writers, musicians, animators and storytellers to create interactive content for kids all over the worldOur Mission is  To drastically reduce the number of layers to collaborate and create content for kids To completely eliminate technology barriers to produce interactivecontent on smartphones and tablets To create a library format that maximizes reach, localization and monetization for content creators To help businesses, teams and artists produce local content at global quality
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Sandeep Nailwal
Angel · Mumbai, Maharashtra, India · 4 investments in India Payments startups, 24 in the past 12 months

Sandeep Nailwal is the Co-Founder of Polygon. He is a former Co-Founder and CEO of Scopeweaver. He attended the National Institute of Industrial Engineering.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Singapore

Investor stats

  • Total investments: 107
  • Round size: Seed $900k–$5.1M; Pre-Seed $100k–$1.3M; Series A $4.1M–$18M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Rep3 — Rep3 is a Web3 community management application. Rep3 uses gamification methods to assist lps encryption projects in managing communities, members, and contributions.
  • Orb — A community-focused social app for people to connect, interact, and transact in their daily lives on web3 built with Lens Protocol.
  • Lens Protocol — Lens Protocol is a composable and decentralized social graph, ready for you to build on so you can focus on creating a great experience, not scaling your users.
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Sriram Krishnan
Angel · San Francisco, California, United States · 4 investments in India Payments startups

Sriram Krishnan - SVP Product, Marketing & Partnerships @ HeadSpin

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Angel
  • Geography: United States, India, France

Investor stats

  • Total investments: 27
  • Round size: Seed $1.2M–$11M; Series A $15M–$22M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Goldcast — Goldcast is the purpose-built platform for B2B marketers to run more engaging events and drive revenue. Marketers use Goldcast to create a Netflix style user experience for attendees and provide actionable engagement insights for the sales team through seamless integrations
  • Cycle App — Cycle is a horizontal platform made of flexible building blocks that you can use in customizable workflows. Your way of working shouldn't depend on your tools, they built Cycle so that product teams could ship the way that works for them.
  • Oyster — Get peace of mind for things you own instantly. With no fine print or complicated forms, Oyster gets you tailored personal insurance products designed for your lifestyle.
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VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates · 3 investments in India Payments startups

VentureSouq operates a large co-investment platform with a global investment portfolio.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 138
  • Round size: Seed $250k–$6.5M; Series A $6M–$30M; Series B $5M–$50M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Silkhaus — A seamless, sophisticated experience you can rely on. Choose from the wide variety of furnished Boutique Flats and apartments for short and long-term stays from Silkhaus.
  • Vendease — Grow your business with access to meal costing, inventory, and restaurant management tools. Make payments easily and get the data you need to scale faster.
  • Metriport — Metriport helps digital health companies access and manage patient health and medical data, through an open-source and universal API.
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Ashneer Grover
Angel · Delhi, Delhi, India · 3 investments in India Payments startups

Ashneer Grover is the CEO and Co-Founder of BharatPe. Attended Indian Institute of Technology, Delhi.

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Investment focus

  • Industry: Financial Services, FinTech, Internet
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, France, Singapore

Investor stats

  • Total investments: 26
  • Round size: Seed $120k–$3.2M; Pre-Seed $72k–$1.8M; Series A $4.5M–$25M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • earKART — earKART is a group of professionals and industry stalwarts who work towards increasing awareness about hearing loss and making the hearing aid selection process transparent, consistent and fair every time.
  • House X — We are changing how consumers buy. Currently in stealth.
  • ShipGlobal.in — ShipGlobal.in is India's first and foremost cross-border logistics platform, offering unparalleled door-to-door courier services to over 220+ countries. Powered by our extensive self-network we provide a seamless shipping experience for businesses of all sizes.Our commitment to offering the most competitive prices in India for e-commerceshipments, coupled with our easy-to-use platform, allows you to process orders, obtain instant tracking, and compare rates at the time of booking - all in one convenient location.Ready to elevate your shipping experience? Visit https://app.shipglobal.in/register to complete your registration process and start shipping with ShipGlobal.in today! Embrace the future of cross-border logistics and watch your business grow with us.
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growX ventures
VC Fund · New Delhi, Delhi, India · 3 investments in India Payments startups

growX is a B2B and deep tech focused early-stage investment firm

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Investment focus

  • Industry: Financial Services, Software, Health Care
  • Stage:Seed, Series A
  • Geography: India, United States, Canada

Investor stats

  • Total investments: 58
  • Round size: Seed $650k–$3M; Series A $257k–$13M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Pixxel — Pixxel is a space technology startup that builds a constellation of advanced hyperspectral earth imaging small satellites. By capturing images in a 100s of hyperspectral bands, Pixxel is able to see things in 50x richer detail enabling organisations around the world to make better business discussions. Pixxel is leveraging the unique hyperspectralnature of satellite imagery to build a health monitor for the planet.
  • OneStack — FinTech, Financial Services, Banking
  • Fairdeal Market — Seamlessly Sell Your Products Direct to Offline Retailers. Get Access To The Right Retailers Now.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Anand Chandrasekaran
Angel · Gurgaon, Haryana, India · 3 investments in India Payments startups

Anand Chandrasekaran is a Partner at General Catalyst. He previously worked at Facebook and attended Stanford University.

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Investment focus

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

Investor stats

  • Total investments: 59
  • Round size: Seed $300k–$5.3M; Series A $1.6M–$6M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Jupiter — Jupiter is a grocery automation service that takes care of the shopping, delivery, and even meal-planning.
  • OpsLyft — The only cloud management platform that focuses on providing actionable insights for technology and financial leaders.
  • Fold Health — Crafting the building blocks of modern primary care
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JITO Angel Network
VC Fund · Mumbai, Maharashtra, India · 3 investments in India Payments startups, 7 in the past 12 months

JITO Angel Network is backed by JITO's 15000+ Industrialits, Businessmen and HNI's of the Jain community spread worldwide. They provide Business support that accelerates the growth of startups.

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Investment focus

  • Industry: Education, Health Care, E-Commerce
  • Stage:Seed, Pre-Seed, Angel
  • Geography: India, France, Israel

Investor stats

  • Total investments: 78
  • Round size: Seed $288k–$7M; Angel $67k–$3M; Pre-Seed $200k–$400k
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • Heliware — Heliware is a 3D Geo-Spatial analytics platform for developers, analytics & data scientists which provides tools for GIS, Web Mapping and spatial data science & helps companies to get insight in just a few clicks.
  • Uravu Labs — Uravu labsUravu labs 100% RENEWABLE WATER INFRASTRUCTURE FOR THE 21st CENTURY
  • Vehiclecare — Reinventing the automotive space, VehicleCare is one of the fastest-growing online platforms for auto service and damage repair. Our digitised solution extends the reach of our quick and easy processes to both Business and Consumer markets and with a deft management system of damage assessment and repair, our model has helped numerous used by carowners, fleet owners, manufacturers, Insurance Brokers, Insurers, to enhance customer satisfaction, eliminate redundancies in time cycle and easily compare, asses and find the best offer on their vehicle's repair damage.
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Quona Capital
VC Fund · Washington, District of Columbia, United States · 3 investments in India Payments startups, 17 in the past 12 months

Quona Capital invests in fintech innovators that are advancing inclusion in emerging markets. Through our investments, Quona aims to deliver outstanding financial returns while making a lasting and positive impact on the world.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Series A, Series B, Seed
  • Geography: India, Brazil, Indonesia

Investor stats

  • Total investments: 132
  • Round size: Seed $1.1M–$11M; Series A $2.3M–$14M; Series B $6.2M–$45M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Caliza — Give your users access to the digital dollar economy. Get early access!
  • ZestMoney — Enjoy the convenience of shopping for electronic gadgets, fashion, travel, education on EMI without credit card. No debit card or credit score required!
  • Bureau — Bureau is trust network that facilitates end-to-end identity verification, compliance, and fraud prevention for new-age businesses.
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GenNext Ventures
VC Fund · Mumbai, Maharashtra, India · 3 investments in India Payments startups

GenNext Ventures is a venture capital firm specialized in early stage investments.

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Investment focus

  • Industry: Software, Information Technology, Machine Learning
  • Stage:Seed, Series B
  • Geography: India, United States, France

Investor stats

  • Total investments: 68
  • Lead/follow: 94% lead, 6% follow

Portfolio highlights

  • CamCom — CamCom in a deeptech startup with primary focus on quality assessment, defect and damage detection , using computer vision
  • LegalDesk — LegalDesk.com is a “Do It Yourself” service that lets you prepare various legal documents and contracts online. All you have to do is select the document template, fill in your details, check the document preview and execute the most up to date paperwork for your statutory requirements. They help you with printing documents on Stamp paper anddelivering it to your doorstep.LegalDesk.com is built, operated and owned by Desk Nine Pvt. Ltd. The team is based in Bengaluru, Mumbai, New Delhi, Chennai, and Kolkata. It includes legal consultants, product designers, software engineers, content creators, sales honchos and true blue digital marketers along with customer engagement specialists.
  • Conexstra Technologies Pvt. Ltd. — Conexstra - Consumer Experience Strategy is all about delivering innovative and disruptive user experience solutions.
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Cloud Capital
VC Fund · Delhi, Delhi, India · 3 investments in India Payments startups

Early-stage Venture Capital for the Cloud Economy

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Investment focus

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

Investor stats

  • Total investments: 25
  • Round size: Seed $1M–$5.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Phyllo — Easily access verified, creator-consented data such as identity, income, and engagement across hundreds of platforms through our API
  • wealth42 — wealth42 helps you create a plan to be wealthy. It is the fastest financial planning app on the planet, available on iOS and Android. Get productive with your money with planned investments, loans, expenses, savings, and insurance.
  • Laminar Global — The World's Most Advanced AVOD + SVOD + TVOD Streaming PaaS
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Binny Bansal
Angel · Bengaluru, Karnataka, India · 3 investments in India Payments startups, 9 in the past 12 months

Binny Bansal is an Indian software engineer and Internet entrepreneur. In 2007 he co-founded the e-commerce platform Flipkart with Sachin Bansal (not related) and was serving as the Chief Operating Officer until 11 January 2016 and was promoted to Chief Executive Officer. In January 2017 he was promoted to Group CEO of Flipkart. Binny is fromChandigarh and graduated from the Indian Institute of Technology Delhi with a degree in Computer Science and Engineering.

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Investment focus

  • Industry: Software, Internet, Apps
  • Stage:Seed, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 85
  • Round size: Seed $480k–$5.4M; Series A $2M–$18M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Virgio — Women's & Men's Clothing and Accessories | Shop Trendy Fashion Online
  • Leela Life — Timeless Indian wellbeing secrets for peaceful and joyful living
  • Alltius Inc. — Alltius is an AI-driven platform for conversational assistance in software products primarily to help and guide users in their product journeys.
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Lalit Keshre
Angel · Bengaluru, Karnataka, India · 3 investments in India Payments startups, 11 in the past 12 months

Lalit Keshre is the Co-Founder and Chief Executive Officer of Groww.

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Investment focus

  • Industry: Financial Services, Health Care, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, Singapore

Investor stats

  • Total investments: 26
  • Round size: Seed $300k–$4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Finsire — Finsire Modern finances to embrace your financial desires
  • Kikibix — Relish what tastes like your childhood, loaded with an array of healthy ingredients for scrumptiously flavorful and healthy snacks. Born from the vision of a doctor to make a brilliant amalgamation of tasty and healthy. Made with love, baked to perfection, a home for healthy cookies that taste amazing!
  • Offline — Offline is a private members' community for the top 10% tech founders and CEOs in India. Apply online to become a member.
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Mumbai Angels
VC Fund · Mumbai, Maharashtra, India · 3 investments in India Payments startups, 10 in the past 12 months

Mumbai Angels Network is a sector-agnostic, new age, early-stage, venture investment platform with a diverse membership base, spanning the globe. Today, the network is 600+ members strong, across 70 locations all over the world. They have a 170+ strong portfolio with over 70 exits and next rounds of investments.

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Investment focus

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

Investor stats

  • Total investments: 165
  • Round size: Seed $360k–$3M; Angel $150k–$1M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • Clensta — Clensta is a biotechnology start-up to improve the National Hygiene condition whilst addressing the aspect of water conservation. Clensta is an Indian startup and in association with IIT Delhi, works to create innovative healthcare solutions to make hygiene accessible for anyone, anytime, and anywhere. Driven by their aim to create products thatpromote complete cleaning solutions without water.
  • Oben Electric — Oben EV is an electric vehicle company developing new electric 2-wheelers in-house with indigenously developed components to deliver high quality products for the Indian market & founded by IIT Kharagpur & IIM Bangalore Alumni.Oben’s vision is to use technology as a tool to become the market leader by developing reliable, performanceoriented, and connected electric 2-wheelers with world class designs for the customers.
  • SafEarth — SafEarth Clean Technologies, India - Renewable energy is today the cheapest source of energy around the world, yet 9 out of 10 people don’t end up making this decision.
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Accel
VC Fund · Palo Alto, California, United States · 3 investments in India Payments startups, 65 in the past 12 months

First partner to exceptional teams everywhere

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Series A, Series B, Series C
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1443
  • Round size: Series A $3.5M–$28M; Series B $8M–$50M; Series C $10M–$110M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Captain Fresh — Captain Fresh is a freshwater fish and seafood supply chain platform. Captain Fresh is a B2B marketplace leveraging technology to deliver the fastest harvest-to-retail in the industry. The company focuses on aggregating the fragmented retail demand across the country and linking them to the small fishermen and farmers throughout the Indian coast.The company was founded in 2019 and is based in Bengaluru, India.
  • Rainforest — Rainforest focuses on providing software platforms for payment processing. Rainforest is headquartered in Atlanta, United States.
  • Aaritya Technologies — Because when you trade, we want you to trade like a pro.
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Rajan Anandan
Angel · 3 investments in India Payments startups

As part of the leadership team at Sequoia Capital India, Rajan is focusing on developing its early-stage program Surge, into the world's top scale-up program for startups by acting as an investment advisor and mentor to the programme's founders. Surge aims to engineer rapid early progress for startups, by enabling disproportionateaccess to capital, talent, network and decades of company-building knowledge. Rajan's deep understanding of technology, operating expertise and a track record of growing tech businesses across the region will help Surge's founders scale and build the businesses of tomorrow.Prior to Sequoia, as Head of Google India and Southeast Asia, Rajan played a key role in expanding the regions internet ecosystem while accelerating Google's innovation and growth units. He is also a prolific angel investor who has backed a large number of successful startups at very early stages. Rajan also led Microsoft and Dell in India and was earlier a Partner at McKinsey & Company in Chicago.

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Investment focus

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

Investor stats

  • Total investments: 88
  • Round size: Seed $120k–$2.2M; Angel $30k–$353k; Series A $4M–$5.2M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • NAYAN — NAYAN visual AI monitors and identifies real-time road events. NAYAN AI supports businesses and authorities by offering actionable insights on visual events, to make the world a safer place.
  • Omnify — Automate your business and simplify your life with Omnify's all-in-one online booking system that streamlines your operations through one simple dashboard.
  • PlusPin Healthcare — Let us provide you with high-quality care!
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Malpani Ventures
VC Fund · Mumbai, Maharashtra, India · 3 investments in India Payments startups

We fund frugal Innovation in India

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Investment focus

  • Industry: Health Care, Information Technology, Artificial Intelligence
  • Stage:Seed, Angel
  • Geography: India, United States

Investor stats

  • Total investments: 21
  • Round size: Seed $120k–$1M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Callify.ai — Callify.ai offers voice-powered talent acquisition technology for recruiters.
  • Multibhashi — Best way to learn English speaking course, Learn Indian & Foreign languages from English & vice versa, Alphabets, Numbers, Grammar & more
  • Nexxio Technologies — Nexxio Technologies provides B2B software solutions for small and medium enterprises.
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Jungle Ventures
VC Fund · Singapore, Central Region, Singapore · 3 investments in India Payments startups, 16 in the past 12 months

Jungle Ventures is one of Southeast Asia's largest independent venture capital firms based in Singapore. We invest in early and growth-stage startups in Southeast Asia and India, focused on building category-defining businesses that stand the test of time.

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: Singapore, India, Indonesia

Investor stats

  • Total investments: 137
  • Round size: Seed $521k–$5M; Series A $2M–$30M; Series B $5M–$30M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Evermos — Hanya semenit untuk memulai usaha reseller dan dropship. Yuk, gabung jadi reseller dan dropshipper dan dapatkan komisi hingga 10 juta rupiah.
  • Neurowyzr — Have you ever checked on your brain health and performance? We protect quality of life and optimise personal potential by enabling early detection, diagnosis, therapy, monitoring and prevention of brain decline
  • Atomberg Technology — Atomberg Technology aspires to be the "Tesla"​ of the world of household appliances. By combining the virtues of energy efficiency and Internet of Things, they will be coming up with smart, connected and intelligent appliances which will disrupt the appliances market forever.
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Ujjwal Sahay
Angel · Indore, Madhya Pradesh, India · 3 investments in India Payments startups

Ujjwal Sahay is the Founder & CEO of Ment Tech Labs - An Enterprise Fintech Solution & Service Provider. Ujjwal backed Ment Tech Labs with $60,000 of seed round to start scaling the Fintech products globally which made Ment Tech Labs as the only complete Enterprise Fintech Solution & Service Provider.Ujjwal is a passionatetechnologist and successful startup executive with 5+ years of experience in Fintech Solutions Development, Engineering, and Marketing—focusing on lean methodology, design prototyping, mobile apps, SaaS platforms, and APIs. Ujjwal's leading advocated for customer-centric design, UX, and the thoughtful application of technological innovations. Ujjwal also led high-performing product launch, engineering, Dev-ops and QA teams—both on and off-shore.Fintech, Blockchain, Machine Learning & Cryptocurrency are few of his field of interest and expertise. Writing about the technology used to be his hobby always and this turned into a profession as well with two of his published books, Hack-X-Crypt and X-Shell.

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Investment focus

  • Industry: FinTech, Blockchain, Cryptocurrency
  • Stage:Seed, Pre-Seed
  • Geography: India

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $60k–$150k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Ment Tech — Experience the power of custom blockchain solutions. Our blockchain development service is your gateway to innovation and success.
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Omnivore
VC Fund · Mumbai, Maharashtra, India · 3 investments in India Payments startups, 6 in the past 12 months

Omnivore funds entrepreneurs building the future ofagriculture and food systems.

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Investment focus

  • Industry: AgTech, Agriculture, Farming
  • Stage:Seed, Series A, Series B
  • Geography: India, United States

Investor stats

  • Total investments: 108
  • Round size: Seed $200k–$4M; Series A $460k–$6M; Series B $217k–$12M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • altM — altM is an alternate materials company on a mission to develop the future of materials to reduce carbon footprint and improve circularity in their supply chain.
  • eFeed — Supply affordable and best quality feed directly to farmers with a click of a button
  • BharatAgri — BharatAgri Krushi Dukan is one stop Agri Shop for all your fertilizers, seeds, pesticides or equipments. Free Delivery. Best Quality Products Guaranteed. Delivery in 5-7 Days.
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PayU GPO
VC Fund · Hoofddorp, Noord-Holland, The Netherlands · 3 investments in India Payments startups

PayU India website homepage

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Series A, Series B, Seed
  • Geography: India, United States, United Kingdom

Investor stats

  • Total investments: 22
  • Round size: Series A $4M–$183M; Series B $18M–$300M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • DotPe — DotPe is a commerce and payments platform seeking to disrupt the payment experience by increasing customer engagement and offering catalog discovery.The technology start-up provides an offline enterprise business with a commerce and payments platform to drive digital transformation in the way they sell, manage, and engage their customers. Itenables businesses to sell more, sell directly, and sell more efficiently. It was founded in 2019 by Anurag Gupta, Gyanesh Sharma, and Shailaz Nag, and its headquarters are located in Gurgaon, Haryana, India.
  • Ayoconnect — API pulsa, token listrik, e-money, dan PPOB terlengkap. Ayoconnect menghubungkan 50+ platform ke 3.000 produk digital.
  • indiagold — Apply online for an instant gold loan without CIBIL score. Interest rates starting 9.48%* per annum. Loans starting Rs. 5,000 | High value per gram
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Coinbase Ventures
VC Fund · San Francisco, California, United States · 3 investments in India Payments startups, 40 in the past 12 months

Coinbase Ventures is an investment arm of Coinbase that aims to invest in seed-stage cryptocurrency and blockchain startups. The company was founded in 2018 and is based in San Francisco, California, United States.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Singapore, India

Investor stats

  • Total investments: 258
  • Round size: Seed $2M–$7.5M; Series A $4.2M–$40M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2018

Portfolio highlights

  • FirstMate — FirstMate is a software company that designs and develops software tools for NFT creators.
  • Rocket Pool — Your friendly decentralised Ethereum staking protocol
  • Mountain Protocol — At Mountain Protocol, we believe that everyone deserves access to the "risk-free rate" through a secure, regulated, and enterprise-grade product that elevates the world finance industry. Our yield-bearing stablecoin, USDM, provides permissionless composability, regulatory compliance, and an enterprise-grade setup with a seamless userexperience. Backed by US Treasuries and custodied by Fidelity in a bankruptcy-remote setup.
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Polychain
VC Fund · San Francisco, California, United States · 3 investments in India Payments startups, 35 in the past 12 months

The emergence of bitcoin and subsequent blockchain technologies has generated a new digital asset class in which scarcity is based on mathematical properties. Through cryptographic verification and game-theoretic equilibrium, blockchain-based digital assets can be created, issued, and transmitted using the software. Polychain Capital is committedto exceptional returns for investors through actively managed portfolios of these blockchain assets.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Switzerland

Investor stats

  • Total investments: 199
  • Round size: Seed $1.3M–$18M; Series A $6M–$26M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • P0x Labs — P0x labs is the team behind Manta Network is a privacy-preserving technology operating on the Polkadot blockchain.
  • Connext — Bridge tokens and data across 11+ chains. Earn and build on the most secure interoperability network.
  • Connext Labs — Connext is the most secure interoperability protocol, allowing users to bridge funds and developers to build asynchronous Solidity for the first time!
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EMVC
VC Fund · Washington, District of Columbia, United States · 3 investments in India Payments startups

EMVC is a next-generation venture capital fund investing in fintech entrepreneurs that are transforming India and other high-growth markets. The firm partners with the world's top global financial institutions, Fortune 500 companies, and investors. The most transformational financial technology come

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Investment focus

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

Investor stats

  • Total investments: 23
  • Round size: Seed $1.3M–$20M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2019

Portfolio highlights

  • Monnai — Monnai's API platform powers fintech decisions at scale, leveraging next-generation Data, AI and Cloud.
  • TartanHQ — Build next-generation products and services for your customers with easy, real-time data connectivity to their payroll or HRMS through a single API
  • Flash.co — Flash is a payments management app.
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Venture Gurukool
VC Fund · Delhi, Delhi, India · 3 investments in India Payments startups

We are early investors in stellar teams inspired by successes overseas, which are localized to address the massive India opportunity. Ventures in our Gurukool attain unparalleled impact mentorship through our vast industry networks in India and abroad and greatly enhance their likelihood of raising follow on investments through our InternationalRoadshows.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Seed, Angel
  • Geography: India

Investor stats

  • Total investments: 7
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Meddo — Meddo (Arctern Healthcare) are re-defining how primary and secondary healthcare is provided in India through a connected care delivery platform.
  • Sattviko — Sattviko is a traditional food products brand where traditional recipes meet with modern food technology to provide a new realization of delicious and healthy snacks.Sattvik food is light, nutritious, easy to digest, and always freshly prepared. The foods chosen for this diet bring clarity and balance both internally in the body as well asexternally in the universe. A wholesome meal that doesn’t leave customers feeling drowsy for hours later. Vegetables and fruits bursting with flavour, complementing each other in exotic preparations, all this and more is what customers can expect as you walk into Sattviko.Whether it is a quick post-workout bite or a weekend dinner treat, Sattviko promises to be a vibrant space customers want to return to. The first Quick Service Restaurant chain serving Sattvik food in the country, each dish prepared here is as fresh as the concept itself.Sattviko offers the perfect balance of new and familiar tastes with the additional promise of dishing out food that is packed with nutrition.
  • HomeCapital — HomeCapital is India's first Home Down Payment Assistance Program, revolutionizing the home ownership and changing lives of millions of home buyers.
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Earlsfield Capital
VC Fund · London, England, United Kingdom · 3 investments in India Payments startups

We provide venture capital investment for early-stage startups & business models run by aspirational founders, with the ability to nurture and scale organizations | Earlsfield Capital

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Investment focus

  • Industry: Financial Services, FinTech, Real Estate
  • Stage:Seed, Series A
  • Geography: India, Singapore, United Kingdom

Investor stats

  • Total investments: 27
  • Round size: Seed $1M–$20M; Series A $2M–$7M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • 8vdX — Connecting startups and investors with deep insights. Explore our AI-powered services today.
  • Reevoy — Reevoy offers SMEs a solution to solve the working capital gap.
  • ByteLearn — ByteLearn is an AI-powered assistant for math teachers and students in managing curriculum. ByteLearn offers personalized, one on one attention by leveraging artificial intelligence technology and guides students when they get stuck on math problems, enabling them to connect with teachers, and grasp concepts better.
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Payments Investor funding in India at a glance

Stats across 307 deals from 492 investors.

492
investors
in India Payments startups
307
deals
in India Payments startups
$5.5M
median round
in India Payments startups
38%
lead investors
lead at least one round
25%
Seed
most common funding stage
65/35
VC / Angel
share of investor count

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