Rainmatter

Choosing the right route

• Founders building in fintech, climate, health or media can write to Rainmatter Capital at any stage.
• Startups and organisations working on climate action and restoring the environment can apply to Rainmatter Foundation for funding.

How applications work

• Capital: start with "Think your idea fits? Let's talk." on the home page. Initial applications are typically reviewed within two to three days.
• Foundation: send an application through the link on its focus-areas page, or fill in the short initial enquiry form and attach supporting documents.

What to check before you apply

• The home page states a typical investment range. Read it there before you apply.
• Capital's site does not state a batch structure or an intake deadline.
• The Foundation's site does not state grant sizes, deadlines or selection criteria.

Rainmatter Capital is an investment fund that backs Indian founders building in fintech, climate, health and media. Its site describes it as an initiative by the people who brought Zerodha. A separate Section 8 company, Rainmatter Foundation, funds work to restore the environment.

How the programmes work

Rainmatter has two routes. Rainmatter Capital invests in startups. Alongside funding, it says it helps with mentorship, financial APIs, industry networks and opportunities to validate a product. It does not take board seats or take an active part in the businesses it backs. The home page states a typical investment range, so check it there before you apply.

Rainmatter Foundation funds fellowships and organisations working to restore the environment through direct action, research, climate advocacy and policy.

Who can apply

Capital backs Indian founders building in India, in fintech, climate, health and media. Its site says it would like to hear from startups in those sectors regardless of stage.

The Foundation funds startups and organisations working in climate and environment restoration.

How to apply

For Capital, start with the "Think your idea fits? Let's talk." prompt on the home page. Initial applications are typically reviewed within two to three days. Its site does not state a batch structure or an intake deadline.

For the Foundation, send an application through the link on its focus-areas page, or fill in its short initial enquiry form and attach any supporting documents. Its site does not state grant sizes, deadlines or selection criteria.

Who runs it

Rainmatter Capital Fund is the name on the Capital site. That site describes Rainmatter as an initiative by the same people who brought Zerodha. The Foundation's site describes Rainmatter Capital as its investment company. Neither site names a legal parent. The Foundation's disclosure page gives a registered office in Bengaluru.