Company lists · Data refreshed September 2026

Top 25 Venture capital firms for underrepresented founders based in India

RevenueBase identified 177 venture capital firms for underrepresented founders headquartered in India as of September 2026 and tracks 1,280 professional contacts across them, including 302 with verified work emails. Mumbai is the largest hub.

This list covers venture capital firms for underrepresented founders 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 29, 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 29, 2026 86% judged on-target in blind review
177Companies
1,280Contacts tracked
302Verified emails
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The 25 largest venture capital firms for underrepresented founders based in India

Ranked by team size
Top 25 of 177 venture capital firms for underrepresented founders based in India, ranked by team size, largest first. Data refreshed Sep 29, 2026. RevenueBase Smart Search rates how each company's information relates to venture capital firms for underrepresented founders: 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
1Indirect evidenceNew Delhi, IndiaHQ checked Sep 29, 202611-50108 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 29, 2026
2Partial evidenceBengaluru South, IndiaHQ checked Sep 29, 202611-50108 contacts →

Partial 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 29, 2026
3Strong evidenceGurgaon, IndiaHQ checked Sep 29, 202611-5073 contacts →

Strong evidence

“Early stage venture capital firm.”

Source: RevenueBase Database · checked Sep 29, 2026
4Partial evidenceNoida, IndiaHQ checked Sep 29, 202651-20045 contacts →

Partial evidence

“There's a new kid on the block - Kade Ventures.”

Source: RevenueBase Database · checked Sep 29, 2026
5Partial evidenceMumbai, IndiaHQ checked Sep 29, 202611-5029 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 29, 2026
6Indirect evidenceMumbai, IndiaHQ checked Sep 29, 202611-5027 contacts →

Indirect evidence

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

Source: RevenueBase Database · checked Sep 29, 2026
7Partial evidenceBangalore, IndiaHQ checked Sep 29, 202611-5023 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 29, 2026
8Partial evidenceNew Delhi, IndiaHQ checked Sep 29, 202611-5021 contacts →

Partial evidence

“Rukam Capital invests in early stage consumer products and services companies that have exceptional growth potential and substantial returns.”

Source: RevenueBase Database · checked Sep 29, 2026
9Strong evidenceMumbai, IndiaHQ checked Sep 29, 20261-1019 contacts →

Strong evidence

“Sorin Investments is an early-stage venture capital fund focused on Series A and B investments.”

Source: RevenueBase Database · checked Sep 29, 2026
10Strong evidenceBangalore, IndiaHQ checked Sep 29, 20261-1018 contacts →

Strong evidence

“Pravega Ventures is an early stage Venture Capital fund.”

Source: RevenueBase Database · checked Sep 29, 2026
11Strong evidenceBangalore, IndiaHQ checked Sep 29, 20261-1017 contacts →

Strong evidence

“Mount Judi Ventures is a venture capital firm based in Bengaluru, India.”

Source: RevenueBase Database · checked Sep 29, 2026
12Partial evidenceDelhi Ncr, IndiaHQ checked Sep 29, 20261-1016 contacts →

Partial evidence

“Merak is a sector-agnostic, early-stage venture fund, investing in B2B and emerging technologies companies that are solving real problems and creating large-scale impact.”

Source: RevenueBase Database · checked Sep 29, 2026
13Strong evidenceIndiaHQ checked Sep 29, 202611-5015 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 29, 2026
14Indirect evidenceMumbai, IndiaHQ checked Sep 29, 20261-1014 contacts →

Indirect evidence

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

Source: RevenueBase Database · checked Sep 29, 2026
15Partial evidenceMumbai, IndiaHQ checked Sep 29, 20261-1014 contacts →

Partial evidence

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

Source: RevenueBase Database · checked Sep 29, 2026
16Partial evidenceBangalore, IndiaHQ checked Sep 29, 20261-1014 contacts →

Partial evidence

“Patient, collaborative & disciplined capital for entrepreneurs building large, ethically strong companies.”

Source: RevenueBase Database · checked Sep 29, 2026
17Partial evidenceJaipur, IndiaHQ checked Sep 29, 20261-1013 contacts →

Partial 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 29, 2026
18Strong evidenceDelhi, IndiaHQ checked Sep 29, 20261-1012 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 29, 2026
19Partial evidenceBangalore, IndiaHQ checked Sep 29, 20261-1010 contacts →

Partial evidence

“Ideaspring Capital is focused on investing in early stage technology product companies in India.”

Source: RevenueBase Database · checked Sep 29, 2026
20Indirect evidenceBangalore, IndiaHQ checked Sep 29, 20261-1010 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 29, 2026
21Indirect evidenceBengaluru South, IndiaHQ checked Sep 29, 202611-5010 contacts →

Indirect evidence

“We ignite the flames of ambition, partnering with driven businesses to achieve their full potential.”

Source: RevenueBase Database · checked Sep 29, 2026
22Strong evidenceMumbai, IndiaHQ checked Sep 29, 20261-109 contacts →

Strong 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 29, 2026
23Indirect evidenceBangalore, IndiaHQ checked Sep 29, 20261-109 contacts →

Indirect evidence

“PeerCapital is an early-stage tech VC fund led by Ankur Pahwa, Karthik Prabhakar, and Rohit M A.”

Source: RevenueBase Database · checked Sep 29, 2026
24Indirect evidenceDelhi, IndiaHQ checked Sep 29, 20261-109 contacts →

Indirect evidence

“We are operators with a mission to empower and enable entrepreneurs to build world class products.”

Source: RevenueBase Database · checked Sep 29, 2026
25Strong evidenceDelhi, IndiaHQ checked Sep 29, 20261-108 contacts →

Strong evidence

“ValuAble is India’s first purpose-led venture capital firm.”

Source: RevenueBase Database · checked Sep 29, 2026

Showing 25 of 177 venture capital firms for underrepresented founders based in India

See the full list, filter by size, metro and specialty, and get verified emails and direct dials for all 302 reachable decision-makers.

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Venture capital firms for underrepresented founders based in India at a glance

As of Sep 29, 2026
23.6%Verified-email coverage
7.2Average contacts per company
1-10Median size (employees)
16.9%Largest-city concentration · Mumbai
Sep 29, 2026Page data refreshed

Companies by employee count

1-10
114
11-50
50
51-200
9
201-500
3
501-1,000
1

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 177 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 venture capital firms for underrepresented founders, 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 “venture capital firms for underrepresented founders”. 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 venture capital firms for underrepresented founders), 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 venture capital firms for underrepresented founders, 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, 302 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 29, 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.

Venture capital firms for underrepresented founders by metro

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 venture capital firms for underrepresented founders, 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 venture capital firms for underrepresented founders are there based in India?

RevenueBase identified 177 venture capital firms for underrepresented founders 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 venture capital firms for underrepresented founders?

Mumbai leads with 30 headquartered companies, followed by Bangalore (23) and New Delhi (15).

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 302 verified decision-maker contacts tracked across these 177 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 29, 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.