Company lists · Data refreshed September 2026

Top 25 Emerging markets venture capital based in Mumbai, India

RevenueBase identified 126 emerging markets venture capital headquartered in Mumbai, India as of September 2026 and tracks 1,037 professional contacts across them, including 355 with verified work emails. Mumbai is the largest hub.

This list covers emerging markets venture capital headquartered in Mumbai, India, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 14, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 14, 2026 86% judged on-target in blind review
126Companies
1,037Contacts tracked
355Verified emails
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The 25 largest emerging markets venture capital based in Mumbai, India

Ranked by team size
Top 25 of 126 emerging markets venture capital based in Mumbai, India, ranked by team size, largest first. Data refreshed Sep 14, 2026. RevenueBase Smart Search rates how each company's information relates to emerging markets venture capital: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Partial evidenceMumbai, IndiaHQ checked Sep 14, 202611-5058 contacts →

Partial evidence

“IvyCap Ventures Advisors Private Limited | SEBI Regn.”

Source: RevenueBase Database · checked Sep 14, 2026
2Strong evidenceMumbai, IndiaHQ checked Sep 14, 202611-5050 contacts →

Strong evidence

“Gaja Capital is an India focused private equity firm that invests in mid-market companies in emerging sectors such as Education, Financial Services and Consumer.”

Source: RevenueBase Database · checked Sep 14, 2026
3Partial evidenceMumbai, IndiaHQ checked Sep 14, 202611-5041 contacts →

Partial evidence

“Orios Venture Partners is a well-established venture fund that backs resilient founders building India’s most important technology companies.”

Source: RevenueBase Database · checked Sep 14, 2026
4Partial evidenceMumbai, IndiaHQ checked Sep 14, 202611-5034 contacts →

Partial evidence

“Launched in August 2015, Unicorn India Ventures is an early stage technology focused Indian registered venture fund.”

Source: RevenueBase Database · checked Sep 14, 2026
5Strong evidenceMumbai, IndiaHQ checked Sep 14, 202611-5030 contacts →

Strong evidence

“Carpediem Capital is a Private Equity firm focused on the India consumption opportunity through investments in emerging SME leaders.”

Source: RevenueBase Database · checked Sep 14, 2026
6Indirect evidenceMumbai, IndiaHQ checked Sep 14, 202651-20030 contacts →

Indirect evidence

“Driving Innovation and Success for Startups!”

Source: RevenueBase Database · checked Sep 14, 2026
7Strong evidenceMumbai, IndiaHQ checked Sep 14, 202611-5028 contacts →

Strong evidence

“Alteria Capital is India’s largest Venture Debt fund focused on innovative startups backed by strong VC sponsors.”

Source: RevenueBase Database · checked Sep 14, 2026
8Indirect evidenceMumbai, IndiaHQ checked Sep 14, 202611-5027 contacts →

Indirect evidence

“100Unicorns - is India’s Largest Accelerator VC.”

Source: RevenueBase Database · checked Sep 14, 2026
9Indirect evidenceMumbai, IndiaHQ checked Sep 14, 202611-5025 contacts →

Indirect evidence

“Intellibuzz is a startup investment and advisory firm that empowers visionary founders to build the next wave of disruptive companies.”

Source: RevenueBase Database · checked Sep 14, 2026
10Strong evidenceMumbai, IndiaHQ checked Sep 14, 202611-5021 contacts →

Strong evidence

“SIDBI Venture Capital Limited (SVCL), incorporated in is an investment management company and a wholly owned subsidiary of SIDBI the Apex Financial Institution in the country for…”

Source: RevenueBase Database · checked Sep 14, 2026
11Strong evidenceMumbai, IndiaHQ checked Sep 14, 20261-1020 contacts →

Strong evidence

“Inflexor Ventures is a Mumbai, Bangalore and Hyderabad-based sector agnostic venture capital firm that invests in early stage companies from seed to Series-A+ stages.”

Source: RevenueBase Database · checked Sep 14, 2026
12Indirect evidenceMumbai, IndiaHQ checked Sep 14, 202611-5020 contacts →

Indirect evidence

“SEBI Registered Entity.”

Source: RevenueBase Database · checked Sep 14, 2026
13Partial evidenceMumbai, IndiaHQ checked Sep 14, 20261-1017 contacts →

Partial evidence

“Dexter Ventures is a micro VC fund dedicated to supporting pre-seed and seed-stage startups in India.”

Source: RevenueBase Database · checked Sep 14, 2026
14Partial evidenceMumbai, IndiaHQ checked Sep 14, 202611-5015 contacts →

Partial evidence

“Startup Réseau is an ecosystem of Enterprises, Startups, Funding, and Programs, with a strong focus on emerging economies.”

Source: RevenueBase Database · checked Sep 14, 2026
15Indirect evidenceMumbai, IndiaHQ checked Sep 14, 20261-1014 contacts →

Indirect evidence

“Our experience spans 20 years of investing and operating tech and digital businesses.”

Source: RevenueBase Database · checked Sep 14, 2026
16Indirect evidenceMumbai, IndiaHQ checked Sep 14, 20261-1014 contacts →

Indirect evidence

“We spot, invest, and nurture passionate founders obsessed with solving the challenges of Indian consumers and businesses.”

Source: RevenueBase Database · checked Sep 14, 2026
17Partial evidenceMumbai, IndiaHQ checked Sep 14, 20261-1013 contacts →

Partial evidence

“Tomorrow Capital is an early stage strategic investment fund aimed at building India’s next big consumer brands by providing capital as well as hands-on involvement in branding…”

Source: RevenueBase Database · checked Sep 14, 2026
18Indirect evidenceMumbai, IndiaHQ checked Sep 14, 202611-5012 contacts →

Indirect evidence

“We are a team of passionate people looking to engage with innovative businesses, provide support in achieving scale, disruption and profitability, unearthing value leading to a…”

Source: RevenueBase Database · checked Sep 14, 2026
19Partial evidenceMumbai, IndiaHQ checked Sep 14, 20261-1012 contacts →

Partial evidence

“Aureolis Ventures is an early-stage investment firm that partners with global teams that are on a mission to solve the world’s most important problems.”

Source: RevenueBase Database · checked Sep 14, 2026
20Indirect evidenceMumbai, IndiaHQ checked Sep 14, 20261-1012 contacts →

Indirect evidence

“We believe that Indian startups backed by quality entrepreneurs have the power to create valuable businesses that compete on a global scale.”

Source: RevenueBase Database · checked Sep 14, 2026
21Indirect evidenceMumbai, IndiaHQ checked Sep 14, 20261-1012 contacts →

Indirect evidence

“An alternative investment fund passionate about the early stage ecosystem, working closely with businesses that can leverage on technology to build world class products and offer…”

Source: RevenueBase Database · checked Sep 14, 2026
22Partial evidenceMumbai, IndiaHQ checked Sep 14, 2026501-1,00011 contacts →

Partial evidence

“Lodha Ventures, An Abhinandan Lodha Enterprise, is a dynamic collective of cutting-edge, high-growth businesses.”

Source: RevenueBase Database · checked Sep 14, 2026
23Indirect evidenceMumbai, IndiaHQ checked Sep 14, 202611-5010 contacts →

Indirect evidence

“Omidyar Network India invests in bold entrepreneurs who help create a meaningful life for every Indian, especially the hundreds of millions of Indians in low-income and…”

Source: RevenueBase Database · checked Sep 14, 2026
24Indirect evidenceMumbai, IndiaHQ checked Sep 14, 20261-1010 contacts →

Indirect evidence

“Investors and Financial Advisors to early-stage and growth companies.”

Source: RevenueBase Database · checked Sep 14, 2026
25Partial evidenceMumbai, IndiaHQ checked Sep 14, 20261-109 contacts →

Partial evidence

“Whiteboard Capital is an early-stage VC Fund founded by Sandeep Tandon (Co-founder, FreeCharge) and Anshu Prasher, with ₹4.3 Billion in AUM.”

Source: RevenueBase Database · checked Sep 14, 2026

Showing 25 of 126 emerging markets venture capital based in Mumbai, India

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Emerging markets venture capital based in Mumbai, India at a glance

As of Sep 14, 2026
34.2%Verified-email coverage
8.2Average contacts per company
1-10Median size (employees)
100.0%Largest-city concentration · Mumbai
Sep 14, 2026Page data refreshed

Companies by employee count

1-10
86
11-50
35
51-200
2
201-500
2
501-1,000
1

Email recency for this list is measured across the whole India list rather than for Mumbai, so it is reported there. Company counts and contact totals on this page are exact for Mumbai, over 126 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among emerging markets venture capital, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in Mumbai, India whose own description of what they do matches “emerging markets venture capital”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names emerging markets venture capital), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among emerging markets venture capital, and records with no verified work email. Companies headquartered outside Mumbai are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 355 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 14, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names emerging markets venture capital, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many emerging markets venture capital are there based in Mumbai, India?

RevenueBase identified 126 emerging markets venture capital headquartered in Mumbai, India as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Ivycap Ventures, headquartered in Mumbai, tops this list with the largest team on record.

Which city has the most emerging markets venture capital?

Mumbai leads with 126 headquartered companies, followed by New Delhi (57) and Bangalore (55).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 355 verified decision-maker contacts tracked across these 126 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 14, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.