Company lists · Data refreshed September 2026

Top 25 Minority-owned venture capital companies based in India

Name: Minority-owned venture capital companies based in India
Creator: RevenueBase
License: https://creativecommons.org/licenses/by/4.0/

Compiled by the RevenueBase Data Team Data refreshed Sep 28, 2026 106 companies tracked

RevenueBase identified 106 minority-owned venture capital companies headquartered in India as of September 2026 and tracks 749 professional contacts across them, including 119 with verified work emails. Mumbai is the largest hub.

This list covers minority-owned venture capital companies headquartered in 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 28, 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 28, 2026 86% judged on-target in blind review

106Companies

749Contacts tracked

119Verified emails

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The 25 largest minority-owned venture capital companies based in India

Ranked by team size

Top 25 of 106 minority-owned venture capital companies based in India, ranked by team size, largest first. Data refreshed Sep 28, 2026. RevenueBase Smart Search rates how each company's information relates to minority-owned venture capital companies: 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.
#	Company	RevenueBase Smart Search	Headquarters	Employees	Contacts
1	IAN Group	Indirect evidence	New Delhi, IndiaHQ checked Sep 28, 2026	11-50	108 contacts →
	Indirect evidence “IAN Group is the country’s single largest platform for seed and early-stage investment platform with IAN Angel Network, BioAngels and IAN Fund I and IAN Alpha Fund enabling…” Source: RevenueBase Database · checked Sep 28, 2026
2	We Founder Circle	Indirect evidence	Bengaluru South, IndiaHQ checked Sep 28, 2026	11-50	108 contacts →
	Indirect evidence “We Founder Circle is a global community of successful founders and strategic angels who support early-stage startups with seed funding, business development and global networking.” Source: RevenueBase Database · checked Sep 28, 2026
3	Ecosystem Ventures	Partial evidence	Mumbai, IndiaHQ checked Sep 28, 2026	11-50	29 contacts →
	Partial evidence “Every successful venture requires a supportive ecosystem of friends, investors, mentors, subject-matter experts, problem-solvers and industry champions.” Source: RevenueBase Database · checked Sep 28, 2026
4	100unicorns	Indirect evidence	Mumbai, IndiaHQ checked Sep 28, 2026	11-50	27 contacts →
	Indirect evidence “100Unicorns - is India’s Largest Accelerator VC.” Source: RevenueBase Database · checked Sep 28, 2026
5	CXXO	Partial evidence	Bengaluru, IndiaHQ checked Sep 28, 2026	11-50	23 contacts →
	Partial evidence “CXXO is Kalaari Capital's $10M carve-out fund backing early-stage, tech-enabled companies with women CEOs.” Source: RevenueBase Database · checked Sep 28, 2026
6	Mount Judi Ventures	Strong evidence	Bangalore, IndiaHQ checked Sep 28, 2026	1-10	17 contacts →
	Strong evidence “Mount Judi Ventures is a venture capital firm based in Bengaluru, India.” Source: RevenueBase Database · checked Sep 28, 2026
7	Ortella Global Capital	Strong evidence	IndiaHQ checked Sep 28, 2026	11-50	15 contacts →
	Strong evidence “Ortella Global Capital (OG Capital) is a venture capital fund dedicated to co-building startups alongside founders.” Source: RevenueBase Database · checked Sep 28, 2026
8	Warmup Ventures	Indirect evidence	Jaipur, IndiaHQ checked Sep 28, 2026	1-10	13 contacts →
	Indirect evidence “We are a founders led sector agnostic technology-focused micro-VC fund investing in seed and pre-seed stage companies with an emphasis on green signals indicating high-quality…” Source: RevenueBase Database · checked Sep 28, 2026
9	Advantedge Founders	Strong evidence	Delhi, IndiaHQ checked Sep 28, 2026	1-10	12 contacts →
	Strong evidence “AdvantEdge Founders is an early stage venture capital fund that supports passionate entrepreneurs and companies with a strong growth potential.” Source: RevenueBase Database · checked Sep 28, 2026
10	Relentless VC	Indirect evidence	Bangalore, IndiaHQ checked Sep 28, 2026	1-10	10 contacts →
	Indirect evidence Source: RevenueBase Database · checked Sep 28, 2026
11	TAP Capital	Indirect evidence	Bengaluru South, IndiaHQ checked Sep 28, 2026	11-50	10 contacts →
	Indirect evidence “We ignite the flames of ambition, partnering with driven businesses to achieve their full potential.” Source: RevenueBase Database · checked Sep 28, 2026
12	Whiteboard Capital	Partial evidence	Mumbai, IndiaHQ checked Sep 28, 2026	1-10	9 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 28, 2026
13	Valuable	Strong evidence	Delhi, IndiaHQ checked Sep 28, 2026	1-10	8 contacts →
	Strong evidence “ValuAble is India’s first purpose-led venture capital firm.” Source: RevenueBase Database · checked Sep 28, 2026
14	Rebalance	Indirect evidence	Gurgaon, IndiaHQ checked Sep 28, 2026	1-10	7 contacts →
	Indirect evidence “Rebalance is an accelerator and angel community that invests upto $200K at pre-seed or seed stage, in startups led by women/ diverse founders.” Source: RevenueBase Database · checked Sep 28, 2026
15	Jamwant Ventures	Indirect evidence	New Delhi, IndiaHQ checked Sep 28, 2026	1-10	7 contacts →
	Indirect evidence “In the Hindu Epic Ramayana, Lord Hanuman ji had taken the responsibility of finding Sita, wife of Lord Shri Ram, who was kidnapped by Demon King Ravan and taken to Lanka across…” Source: RevenueBase Database · checked Sep 28, 2026
16	Axiomatic Ventures	Partial evidence	Mumbai, IndiaHQ checked Sep 28, 2026	1-10	6 contacts →
	Partial evidence “We back technology founders raising pre-seed to pre-series A rounds with capital, mentoring and access to networks.” Source: RevenueBase Database · checked Sep 28, 2026
17	TDV Partners	Partial evidence	IndiaHQ checked Sep 28, 2026	1-10	6 contacts →
	Partial evidence “TDV Partners is a venture firm with an aim of investing in smart founders with global outlook from Day 1.” Source: RevenueBase Database · checked Sep 28, 2026
18	Induckt Ventures	Partial evidence	Delhi, IndiaHQ checked Sep 28, 2026	11-50	6 contacts →
	Partial evidence “Induckt Vision Fund I being first fund of Induckt Ventures, is a pioneering venture fund focused on fueling the next wave of emerging technology startups in India and South Asia.” Source: RevenueBase Database · checked Sep 28, 2026
19	Human Insight Ventures	Partial evidence	Delhi, IndiaHQ checked Sep 28, 2026	1-10	6 contacts →
	Partial evidence “HIVE - Human Insight Ventures, has prioritize accelerating growth for ventures through technology and funding and incepting ideas that can revolutionize a ventures journey.” Source: RevenueBase Database · checked Sep 28, 2026
20	Pitchright Ventures	Partial evidence	Mumbai, IndiaHQ checked Sep 28, 2026	1-10	6 contacts →
	Partial evidence “PitchRight Ventures Global Opportunities Fund \| SEBI Registration No: IN/AIF1/20-21/0803 Hey there!” Source: RevenueBase Database · checked Sep 28, 2026
21	Upsparks Capital	Strong evidence	Bangalore, IndiaHQ checked Sep 28, 2026	1-10	5 contacts →
	Strong evidence “Upsparks Capital is an early-stage venture capital firm known for its exceptional expertise in finding, nurturing and assessing technology start-ups.” Source: RevenueBase Database · checked Sep 28, 2026
22	Shah Business Ventures	Indirect evidence	Surat, IndiaHQ checked Sep 28, 2026	11-50	4 contacts →
	Indirect evidence “We at Shah Business have everything a company may need: business, community, and funding.” Source: RevenueBase Database · checked Sep 28, 2026
23	Zero To ONE Fund	Partial evidence	Pitampura, IndiaHQ checked Sep 28, 2026	11-50	4 contacts →
	Partial evidence “Zero to One is a strong members angel investing firm which supports new-age entrepreneurs, providing them monetary & experiential capital by connecting them with a diverse group…” Source: RevenueBase Database · checked Sep 28, 2026
24	Malpani Ventures	Indirect evidence	Mumbai, IndiaHQ checked Sep 28, 2026	1-10	4 contacts →
	Indirect evidence “An angel investment firm that provides seed funding to innovative ideas.” Source: RevenueBase Database · checked Sep 28, 2026
25	Sailthru Ventures	Strong evidence	New Delhi, IndiaHQ checked Sep 28, 2026	1-10	4 contacts →
	Strong evidence “SailThru Ventures is a founder-first early stage venture capital firm backing companies at seed and pre-seed stages.” Source: RevenueBase Database · checked Sep 28, 2026

RevenueBase Smart Search

RevenueBase Smart Search assesses information from a company’s LinkedIn profile, information supplied directly by the company, its website, and other publicly available sources. It uses that information to rate how closely the company relates to this list’s category: minority-owned venture capital companies. Every row carries its rating and the description the rating was read from, so each one can be checked rather than taken on trust.

Strong evidence: The company's own public description of its business names minority-owned venture capital companies.
Partial evidence: Its own public description names part of minority-owned venture capital companies, so it works in or next to the category without describing itself that way.
Indirect evidence: The description shown does not name minority-owned venture capital companies. The match rests on the rest of the company's public profile rather than the one sentence quoted here, so this is the rating to check first.

RevenueBase Smart Search is how these lists are built: RevenueBase's data engine and AI assemble the companies that match a category defined in a user's own words, so a list can be about what companies actually do rather than about whichever industry code they were filed under.

Showing 25 of 106 minority-owned venture capital companies based in India

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Minority-owned venture capital companies based in India at a glance

As of Sep 28, 2026

15.9%Verified-email coverage

7.1Average contacts per company

1-10Median size (employees)

17.9%Largest-city concentration · Mumbai

Sep 28, 2026Page data refreshed

Companies by employee count

1-10

11-50

51-200

201-500

Email recency for this list is measured worldwide rather than for India, so it is reported there. Company counts and contact totals on this page are exact for India, over 106 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 minority-owned venture capital companies, 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 India whose own description of what they do matches “minority-owned venture capital companies”. 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 minority-owned venture capital companies), 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 minority-owned venture capital companies, and records with no verified work email. Companies headquartered outside India 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, 119 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 28, 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 minority-owned venture capital companies, 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 minority-owned venture capital companies are there based in India?

RevenueBase identified 106 minority-owned venture capital companies headquartered in 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?

IAN Group, headquartered in New Delhi, tops this list with the largest team on record.

Which city has the most minority-owned venture capital companies?

Mumbai leads with 19 headquartered companies, followed by New Delhi (8) and Bangalore (6).

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 119 verified decision-maker contacts tracked across these 106 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 28, 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.