Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
The Founder's Handbook
Download Our Free Guide: The Perfect Pitch Deck

This free eBook goes over the 10 slides every startup pitch deck has to include, based on what we learned from analyzing 500+ pitch decks, including those from Airbnb, Uber and Spotify.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
The Perfect Pitch Deck
Download Our List of The Top 100 Accelerators & Incubators

This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries they generally invest in.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
100 Accelerators & Incubators
Download Our List of The Top 100 Venture Capital Firms

This free sheet contains 100 VC firms, with information about the countries, cities, stages, and industries they invest in, as well as their contact details.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
VC Firm Lead Magnet
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
100 Top Unicorns

Top 28 Venture Capital Firms in Mumbai (2026)

Description

CTA

Mumbai's funding scene is full of opportunity for founders, with a healthy mix of new and established venture firms. Many of these investors are actively looking for the next great company to back.

Some firms are especially busy; Venture Catalysts has funded over 440 startups and Z47 has backed more than 280. Others like ah! Ventures and Kae Capital are also quite active, with each making well over 100 investments.

Below is our list of the best 28 VC firms in Mumbai.

Failory's Top 10 Picks

Fundraising OS
Tool
Fundraising OS

Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.

Buy It For $97 $297

Functioning as an integrated incubator and India's largest early-stage investment platform, Venture Catalysts provides startups with both capital and development support. The firm has backed successful companies like Beardo and BharatPe, and it also fosters an exclusive community for investors to access the startup ecosystem.

Year Founded2016
FoundersAnil Jain, Anuj Golecha, Apoorva Ranjan Sharma, Gaurav Jain
Investment StageEarly Stage
Nº of Investments443 (227 as Lead Investor)
Nº of Exits22
Contactinfo@venturecatalysts.in / 022-28510071
Z47 Logo

2. Z47

Z47 funds technology startups from seed to early growth, with a focus on companies serving the Indian consumer and global enterprise markets. As an established venture capital firm in India, they help founders build and scale their businesses from the ground up.

Year Founded2006
FoundersAvnish Bajaj, Rishi Navani
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments282 (119 as Lead Investor)
Nº of Exits22 (4 IPO'd)
Contact8067680000

Kae Capital backs passionate entrepreneurs at the earliest stages, helping transform concepts into growing companies. While sector-agnostic, they have a clear preference for technology-enabled businesses disrupting industries from mobile and e-commerce to healthcare and education.

Year Founded2010
FoundersSasha Mirchandani
Investment StageConvertible Note, Early Stage, Late Stage, Seed
Nº of Investments136 (46 as Lead Investor)
Nº of Exits17
Contactinfo@kae-capital.com / +912261944141
BdsVC Logo

4. BdsVC

With $20 million under management, BdsVC backs early-stage founders across India and global markets who are building companies in AI, SaaS, Fintech, and Climate Tech. The firm’s team of seasoned investors and entrepreneurs provides hands-on mentorship and strategic capital to help these startups scale from seed to growth.

Year Founded2020
FoundersAmit Patel, Deeksha Satija, Neha Gupta, Rajesh Kumar, Shreya Iyer
Investment StageEarly Stage, Seed
Nº of Investments16 (14 as Lead Investor)
Nº of Exits
Contactpartners@bdsvc.com

Unicorn India Ventures partners with early-stage Indian technology companies that are disrupting traditional sectors or creating new enterprise solutions. The fund provides both capital and hands-on mentorship to help build market leaders, with a portfolio that includes successes like Open and SmartCoin.

Year Founded2015
FoundersAnil Joshi, Bhaskar Majumdar
Investment StageConvertible Note, Early Stage, Seed
Nº of Investments83 (63 as Lead Investor)
Nº of Exits5
Contactinfo@unicornivc.com / +91 301 655 4616
Sauce.vc Logo

Focusing on India's consumer market, Sauce.vc provides early-stage funding to promising new brands. Its high-engagement approach connects founders with a network of service partners, helping them navigate the challenges of scaling.

Year Founded2019
FoundersManu Chandra
Investment StageEarly Stage
Nº of Investments59 (31 as Lead Investor)
Nº of Exits2
Omnivore Logo

Omnivore backs entrepreneurs building the future of Indian agriculture and food systems through early-stage and seed investments. Their portfolio includes companies working on farmer platforms, precision agriculture, and agri-biotech, with successes like DeHaat and Stellapps.

Year Founded2010
FoundersMark Kahn
Investment StageEarly Stage, Seed
Nº of Investments131 (65 as Lead Investor)
Nº of Exits3
Contactinfo@omnivore.vc / +91 11 41 03 53 40

IvyCap Ventures invests in early to growth-stage startups, connecting them to a vast mentor network from India's premier IIT and IIM alumni. Through this unique ecosystem, they provide capital and guidance to help build enduring companies such as Purplle, Clovia, and BlueStone.

Year Founded2011
FoundersNorbert Fernandes, Vikram Gupta, Vishal Gauri
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments100 (59 as Lead Investor)
Nº of Exits8 (1 IPO'd)
Contactcorporate@ivycapventures.com / +91-22-45050909

Backing technology-led startups in India, Avaana Capital provides early-stage and seed funding to founders creating tangible impact. The firm concentrates its investments in climate action, financial inclusion, and consumption for the next half billion internet users.

Year Founded2018
FoundersAnjali Bansal
Investment StageEarly Stage, Seed
Nº of Investments45 (20 as Lead Investor)
Nº of Exits2 (1 IPO'd)
Contactinfo@avaanacapital.com / +91 22 6121 2121

ah! Ventures runs India's largest fundraising platform for early-stage startups, providing sector-agnostic support for companies raising up to $10 million. The firm gives founders access to its curated network of over 3,000 angel and institutional investors, acting as a major aggregator in the nation's startup ecosystem.

Year Founded2009
FoundersAbhijeet Kumar, Harshad Lahoti
Investment StageEarly Stage, Seed
Nº of Investments175 (98 as Lead Investor)
Nº of Exits9 (1 IPO'd)
Contactinfo@ahventures.in

18 Additional Mumbai VC Firms Worth Pitching

Our top picks represent some of the most active firms, but the funding opportunities in Mumbai run much deeper. The additional firms we've tracked have collectively backed nearly 800 startups and guided over 60 to successful exits. These firms offer a wide range of support for founders at different stages. Here’s a look at the rest of the venture capital firms funding what's next in Mumbai.

VC FirmYear FoundedNº InvestmentsNº Exits
Sixth Sense Ventures logo Sixth Sense Ventures20148213
Asha Ventures logo Asha Ventures20142
Colossa Ventures logo Colossa Ventures20229
Centre Court Capital logo Centre Court Capital5
1Crowd logo 1Crowd2015632
Aavishkaar Venture Capital logo Aavishkaar Venture Capital2001947
Equanimity Investments logo Equanimity Investments2017352
SBICAP Ventures logo SBICAP Ventures20055
Ankur Capital logo Ankur Capital2012652
Orios Venture Partners logo Orios Venture Partners200812016
Z3Partners logo Z3Partners201916
Rockstud Capital logo Rockstud Capital201720
4point0 Health Ventures logo 4point0 Health Ventures202281
BlinC Invest logo BlinC Invest201410
ITI Growth Opportunities Fund logo ITI Growth Opportunities Fund201830
Artha Group logo Artha Group201213415
Mahindra Partners logo Mahindra Partners201091
peercheque logo peercheque2022884

Description

CTA
The All-In-One Newsletter for Startup Founders

90% of startups fail. Learn how not to with our weekly guides and stories. Join +40,000 other startup founders!

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.