Micro VCs in India
68 micro VCs in India. Micro VCs run smaller funds and write smaller cheques than a traditional VC, so they tend to be the first institutional money into a company, often at pre-seed or seed. Check the stage and sector focus on each profile, and look for firms that have backed teams at your stage before.
Gemba Capital
A Bengaluru pre-seed and seed venture fund backing founders in Fintech, Consumer Tech and B2B Platforms.
8X Ventures
A SEBI-registered Category II deeptech venture fund with offices in Chennai, Noida and Dubai, backing founders from Pre-Seed to Series A.
First Cheque
A Mumbai pre-seed and seed investor writing first cheques into teams at the paper-plan, pre-product and MVP stage across all sectors, with a stated 10-day route from first call to term sheet.
Kae Capital
An early-stage venture fund, with offices in Bengaluru and Mumbai, that backs founders from pre-seed to pre-Series A in AI, manufacturing and more. You pitch through a form on its site.
YourNest Venture Capital
An early-stage DeepTech venture capital firm in Gurugram that backs IP-led startups in AI, robotics, quantum and SpaceTech. Founders pitch through an online form.
1Crowd
Mumbai early-stage venture fund (SEBI Category I angel funds) backing pre-seed to Series A+ startups across sectors; founders pitch by emailing a short company summary.
Upsparks Capital
A Bangalore micro VC run by former founders that backs pre-seed and seed technology startups with a strong India link. You pitch it by sharing a deck through its form.
Malpani Ventures
A Mumbai micro private equity fund that backs frugal, revenue-generating Indian companies. You pitch by email or the website form.
Sprout Venture Partners
A Bangalore early-stage venture fund backing consumption-led and technology-led founders, usually with their first institutional cheque; two SEBI-registered AIF funds.
NEDFi Venture Capital Limited
Guwahati-based investment manager of the North East Venture Fund and two other SEBI-registered Category I venture funds, backing startups in India's north east.
India Internet Fund
Early stage venture fund founded in 2011 with offices in New Delhi and New York, backing Indian technology and consumer startups. No application form; get in touch to schedule a meeting.
Seafund
An early-stage Bengaluru and Delhi venture fund backing India-based deeptech startups from pre-seed to pre-series A. You pitch through an online form; it publishes no fixed intake window.
Lumikai
Gurugram venture fund that backs only interactive media, digital platforms and games, with an open Pixels programme for idea-stage to early-customer founders.
Equanimity Investments
Mumbai venture capital firm managing SEBI-registered funds that back early-stage Indian startups at seed and pre-Series A, with pitch decks accepted by email.
pi Ventures
A Bengaluru deep-tech venture fund that backs seed and Series A companies in AI, robotics, quantum, life sciences and more, and takes pitch decks by email.
XEED Ventures
A Bengaluru early-stage venture fund, also known as 021 Capital, that takes company pitches through a form on its site.
Athera Venture Partners
Bangalore early-stage VC (formerly Inventus Capital India) that backs Indian Seed to Series A startups in consumer, enterprise software, deep tech and fintech; you pitch through its Submit a Deck form.
Windrose Capital
A Pune early-stage venture fund, founded by entrepreneurs, that takes pitches through an online application form.
Anchorage Capital Partners
A Mumbai fund backed by the Sheth family office, investing across sectors in Indian startups from angel rounds up to Series A.
247VC
Seed-stage venture fund working from Mumbai and Delhi NCR, backing 0-1 founders in advanced manufacturing, deep tech, enterprise tech and consumer tech, with a Pitch to Us form.
Boundless Ventures
Mumbai seed fund that backs AI-native founders across software, hardware, consumer and healthtech, and says it prefers to meet teams before they raise.
BYT Capital
A Bengaluru deep-tech venture fund backing science-led founders from pre-seed to Series A, in areas like semiconductors, space, robotics, biotech and AI. Founders can send a pitch through the site.
BLinC Invest
A Mumbai early-stage venture fund backing education, financial services and healthcare and wellness companies, with a Pitch to Us form on its site.
Dholakia Ventures
Surat-based early-stage venture fund, launched in 2020, investing from pre-seed to Series A across sectors, mostly alongside other investors.
Dexter Ventures
A Bengaluru micro VC fund backing pre-seed and seed-stage Indian startups, grown out of the Dexter Angels syndicate, with an open pitch form on its site.
Finvolve Ventures
Gurugram-based venture fund platform, a joint venture of India Accelerator and Finolutions, running SEBI-registered angel and Category II funds for startups from seed to scale.
Colossa Ventures LLP
Mumbai-based venture capital manager backing early-stage startups founded or co-founded by women, through its Colossa WomenFirst Fund.
Earth Fund
A SEBI-registered venture fund from Brigade Group and Gruhas, backing Pre-Series A and Series A urbantech, real estate, construction and climate startups from Bengaluru.
Enzia Ventures
Sector-focused early-stage venture and angel investor (Category 1 AIF) backing purpose-led founders in healthcare, education and environment; offices in Bengaluru and Mumbai.
PeerCapital
Bengaluru early-stage venture fund backing Seed to Series A startups in digital consumption and Applied AI; publishes its steps from first meeting to term sheet.
Incubate Fund Asia
A pre-seed and seed venture fund for India and Southeast Asia, the Asian arm of Japan's Incubate Fund, with offices in Mumbai and Bengaluru. Sector agnostic.
Roots Ventures
A Mumbai early-stage, sector-agnostic venture firm with SEBI-registered funds, taking pitches through a contact form and an inbox.
Prath Ventures
Mumbai seed to Series A venture firm for Indian consumer brands and enablers. It leads or co-leads rounds and asks for a warm introduction.
Soonicorn Ventures
Gurugram angel network investing in early-stage Indian startups through a SEBI-registered Category I Angel Fund, with a live pitch call route for founders.
Theia Ventures
A Bengaluru venture fund, registered with SEBI as a Category II AIF, that invests in disruptive tech companies transforming energy and industrial systems.
All In Capital
A Mumbai pre-seed and seed venture fund for Indian founders, with an application form, a founder-angel network and portfolio-founder introductions as routes in.
4U Venture Partners
A Mumbai pre-seed and seed venture fund, run by Four U Venture Partners LLP, backing India-first founders in AI, SaaS, consumer tech and frontier tech. It publishes no application form.
BlueHill Capital
A Chennai early-stage fund backing deep-tech, IoT, industrial and clean-tech startups from India and beyond, reached by emailing your deck.
CDM Capital
A Mumbai operator-led seed to Series A fund backing India-based founders in fintech, AI-native enterprise and the real economy. Founders can pitch through a form on its site.
Cedar Hill Capital
Mumbai early-stage VC fund backing India-founded AI-first enterprise technology startups for Financial Services, from first enterprise customers up to Series A.
Peak Sustainability Ventures
Mumbai climate venture fund that backs early-stage deep-tech companies in new energy, food systems, water and wider climate across India and Asia.
Rockstud Capital
Mumbai-based, SEBI-registered angel fund investing at Seed to Pre-Series A in manufacturing-led deep-tech: defence, space, advanced manufacturing and climate hardware.
Sharrp Ventures
The Mariwala family's investment office in Mumbai, backing Indian consumer, consumer tech and health tech companies from seed, with a stated pitch route.
SucSEED Indovation
Hyderabad venture fund investing from seed to pre-series A in India-based tech startups across seven sectors, with a pitch-deck route in.
TDV Partners
A Bengaluru pre-seed and seed venture firm backing consumer founders, often as the first institutional investor, with a Pitch to Us form.
Sun Icon Ventures
Mumbai-based Category II AIF that invests in Indian startups from seed to pre Series A across sectors, with an open online pitch form.
Ventana Ventures
A micro VC in Udupi, Karnataka, that invests only in pre-seed and seed-stage gaming and interactive media start-ups and adds coaching. Founders reach it through a contact form.
3i Partners
An early-stage deep tech venture fund, with its investment manager in Bengaluru, backing pre-seed to pre-Series A founders in Tech Bio, Climate Tech and Frontier Tech. You pitch through a form on its site.
Other lists in India
What to know about micro VCs in India
A micro VC runs a small fund, so it can write smaller cheques than a traditional VC and often comes in earlier, at pre-seed or seed, when a company has a product in progress and little revenue. For many founders it is the first institutional money they raise, and the term sheet, the board expectations and the pace of follow-on investment all differ from a large fund.
Because the fund is small, a micro VC usually has to be selective about how many companies it backs, and it may not have the capacity to lead or follow on in later rounds. Ask how it plans to support the company after the first cheque, and whether it expects you to find a larger fund for the next round on your own.
The micro VCs in India listed above differ on sector focus and on how hands-on they are. Some are generalist and quick, some are specialist and slower, and some run a programme alongside the fund. Match on the stage and sector in each profile, and speak to founders they have backed before you commit.
The numbers on this page
- 68 of the 2755 organisations we list in India (2%) are tagged "Micro VC".
- By stage focus, the most common are Seed (52), Pre-Seed (30) and Series A (16).
- By sector, the most listed are Deep Tech (26), FinTech (20) and HealthTech (14).
- By state, most are in Karnataka (24), Maharashtra (23) and Haryana (6).
- By city, most are in Bengaluru (23), Mumbai (22) and Gurugram (6).
- Many are also tagged VC / Investor (68), so the same organisation can appear on more than one list.
What to ask a micro VC
- How big is the first cheque likely to be relative to what you need to raise?
- Will it follow on in the next round, or are you expected to find a new lead?
- Does it lead rounds, or only join rounds led by others?
- What does it expect from you: updates, a board seat, an advisory role?
- Which sectors and stages has it actually backed, as opposed to what it says it backs?
- How long does its decision usually take?
Frequently asked questions
How many micro VCs are there in India?
We list 68 micro VCs in India, out of 2755 startup support organisations we list there. The count updates as profiles are added and verified.
Where in India are most micro VCs based?
Counting the profiles on this page, most are in Karnataka (24), Maharashtra (23) and Haryana (6).
How do I approach micro VCs in India?
Start from the profile of each one: confirm it backs your stage and sector, find how it takes pitches (an online form, a named contact or a warm introduction), and send a short note with what you build, who it is for and what you have achieved so far. A focused note to a few good-fit investors does more than a mass mail to all of them.
What is the difference between a micro VC and a VC firm?
A micro VC runs a smaller fund and tends to invest earlier, in smaller amounts, in more companies. A larger VC firm usually invests in fewer companies, at higher amounts and later stages. The boundary is not fixed, so check each fund's own description.