Micro VCs in Mumbai
22 micro VCs in Mumbai. 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.
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.
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.
Malpani Ventures
A Mumbai micro private equity fund that backs frugal, revenue-generating Indian companies. You pitch by email or the website form.
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.
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.
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.
Colossa Ventures LLP
Mumbai-based venture capital manager backing early-stage startups founded or co-founded by women, through its Colossa WomenFirst Fund.
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.
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.
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.
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.
Equirus InnovateX Fund
An early-stage tech venture fund run by entrepreneurs and managed by Equirus Wealth, backing seed founders in deep tech, SaaS and fintech. You pitch through a form on its page.
Launch Capital
A Mumbai angel fund, registered with SEBI as a Category I alternative investment fund, that takes startup proposals through its website and invests across industries except liquor, online gaming and crypto.
Wider lists
Other lists in Mumbai
Micro VC elsewhere
What to know about micro VCs in Mumbai
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 Mumbai 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
- 22 of the 220 organisations we list in Mumbai (10%) are tagged "Micro VC".
- By stage focus, the most common are Seed (15), Pre-Series A (6) and Pre-Seed (5).
- By sector, the most listed are FinTech (7), Deep Tech (6) and Sector Agnostic (6).
- Many are also tagged VC / Investor (22), 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 Mumbai?
We list 22 micro VCs in Mumbai, out of 220 startup support organisations we list there. The count updates as profiles are added and verified.
How do I approach micro VCs in Mumbai?
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.