Finvolve Ventures

Before you apply

• Check that your startup fits one of the five mentor-led verticals: Robotics, Unmanned and Space; Energy, Mobility and Connectivity; Circular Economy; Singularity and GenAI; or ONDC.
• Finvolve raises money from wealth managers and accredited investors, so be ready to show a clear story that an adviser can explain to a client.

How to apply

• Use the founder application button on the Finvolve home page. It opens an application form on the India Accelerator site.
• The site does not say that applications are open right now, so confirm before you spend time on a long pitch. For questions, write to the info inbox on the Finvolve domain.

Read first

• The Finvolve blog covers venture capital, deep tech and defence, and accredited investor rules. It is a quick way to see what the team is thinking about.

Finvolve Ventures is a venture fund platform based in Gurugram, Haryana. It was set up as a joint venture of India Accelerator and Finolutions and runs SEBI-registered alternative investment funds that put money into Indian startups. Its home page describes it as a multi-stage fund that is stage and sector agnostic, backing startups from seed to scale.

Who it backs

Finvolve describes itself as able to support startups from idea to IPO, and its pages say it invests across stages from pre-seed to growth. In practice the funds it lists include Category I angel funds, which are the small early-stage vehicles, along with a Category II fund. Its investor base is wealth managers and their accredited investors, so Finvolve calls itself a B2B platform: it offers curated startup deal flow to wealth managers, who bring in the money.

What it looks for

The site organises its investing around mentor-led verticals. These are Robotics, Unmanned systems and Space; Energy, Mobility and Connectivity; Circular Economy; Singularity and GenAI; and ONDC, the Open Network for Digital Commerce. If your startup sits in one of these areas, say so up front. The home page also describes the funds as sector agnostic, so a startup outside these verticals is not ruled out by what the site says.

How the funds are structured

The listed funds are IA Growth Opportunities Fund I, IA Growth Opportunities Fund II, Finvolve Angel Trust and Brew Opportunities Fund. Each shows a SEBI registration number and a named investment manager on the site. Finvolve Ventures LLP was incorporated in July 2022, launched its first fund in January 2023 and closed its maiden fund in March 2024. The history page also traces the idea to August 2021, when the two co-founders first met.

Support beyond capital

Finvolve lists what it calls the Finvolve Advantage: tailored deal flow, masterclasses for investors, help with legal steps, and support after an investment. Much of this is aimed at the wealth managers and investors, not directly at founders, so treat it as context on how the platform works.

How to approach Finvolve

The home page carries a line for founders who want to submit an application, with a button that opens an application form hosted on the India Accelerator site. The site does not say whether applications are open at any given time, so check the form and the latest posts before you invest effort in a pitch. General enquiries go to the info inbox on the Finvolve domain, and the office is at MGF Metropolis Mall, Gurugram.

What it publishes

Finvolve runs a blog with articles on venture capital, deep tech and defence startups, domestic capital in startup investing, and SEBI accredited investor rules. Reading it shows how the team thinks about the market and which kinds of companies are drawing its attention. The co-founders are Ashish Bhatia, who is also Founder and CEO of India Accelerator, and Apoorva Vora, Founder and CEO of Finolutions LLP.