VC firms in Mumbai

19 VC firms in Mumbai with a deal in the last 90 days, ranked by deals.

Mumbai VC firms

with a deal on record

Active · 90 days

a deal in the last 90 days

Deals · 12 months

rounds these firms joined

Deals · 30 days

rounds these firms joined

About this page

19 VC firms based in Mumbai with a deal in the last 90 days, led by Blume Ventures (12 deals in 12 months), ranked by deals, each with its latest investments.

Blume Ventures is the most active VC firm headquartered in Mumbai, with 12 deals in the last 12 months, ahead of Z47 (7) and IvyCap Ventures (6). Every firm below links to its full portfolio, and each deal amount to where it was reported.

Leaderboard

Actively deploying

SortDeals 12 mo

Deals, last 12 months Portfolio size Capital in their rounds Most recent deal

19 investors · actively deployingRanked by deals, last 12 months

1B
Blume VenturesFund

Commerce and retail Consumer and social Fintech

12
12 mo

Leads
12
Portfolio
27
Capital
$631.61M

Seed 21%A 30%B+ 48%
- PPowerUp Money$10MNov 3, 2026
- QQwikBuild$2.3MPre-seed
- SSnow Mountain AI$2.31MSeed
2Z
Z47Fund

Fintech AI agents Consumer and social

7
12 mo

Leads
11
Portfolio
14
Capital
$863.1M

Seed 22%A 22%B+ 56%
- CConfido Health$12.5MSer. A
- SScapia$63MOct 8, 2026
- SSeeds Fincap$10.4MSer. B+
3I
IvyCap VenturesFund

Climate and energy Consumer and social Manufacturing and industrial

6
12 mo

Leads
6
Portfolio
13
Capital
$96.34M

A 40%B+ 60%
- WWoovly Shop Socially$13.67MSer. B+
- LLive2.ai$13.67MSer. B+
- CCureBay$10.55MSer. B+
4A
Alteria CapitalFund

Commerce and retail Consumer and social Fintech

5
12 mo

Leads
0
Portfolio
18
Capital
$273.3M

Seed 21%A 29%B+ 50%
- SSeeds Fincap$10.4MSer. B+
- EEDT$2.4MSeed
- GGravity Design$15MSeed
5A
Avaana CapitalFund

Logistics and mobility Commerce and retail Manufacturing and industrial

4
12 mo

Leads
3
Portfolio
8
Capital
$56.61M

Seed 56%A 22%B+ 22%
- NNuSynth$3.81MSeed
- DDRIVN$4.7MSeed
- DDheyaTech$4.5MSeed
6S
SIDBI Venture CapitalFund

Manufacturing and industrial Robotics and hardware Consumer and social

3
12 mo

Leads
1
Portfolio
6
Capital
$10.59M

Seed 50%A 25%B+ 25%
- IIndigotex$518.5KSeed
- SSanyark Space$1.8MSeed
- DDhruva Space$6.27MSer. B+
7S
Sharrp VenturesFund

Commerce and retail Consumer and social Health and bio

3
12 mo

Leads
2
Portfolio
4
Capital
$27.63M

Seed 40%A 20%B+ 40%
- TTroovy$10.51MSer. B+
- PProtein Pantry$1.07MSeed
- GGood Monk$842.1KSeed
8A
A91 PartnersFund

Commerce and retail Consumer and social AI agents

2
12 mo

Leads
4
Portfolio
5
Capital
$230.3M

A 50%B+ 50%
- SSUGAR Cosmetics$15.3MSer. B+
- DDeccan AI$25MSer. A
- FFinBox$40MSer. B+
9P
Prath VenturesFund

Commerce and retail Consumer and social Manufacturing and industrial

2
12 mo

Leads
1
Portfolio
3
Capital
$16.4M

Seed 33%A 67%
- TTheater$7.8MSer. A
- LLickicious$2.1MSeed
- MMiraggio$6.5MSer. A
10D
DSG Consumer PartnersFund

Commerce and retail Consumer and social Health and bio

2
12 mo

Leads
2
Portfolio
3
Capital
$64.7M

Seed 33%A 33%B+ 33%
- SSolgram$1MPre-seed
- EEvery Half$8MSer. A
- FFarmley$40MSer. B+
11A
Artha Venture FundFund

AI infrastructure and compute Commerce and retail Consumer and social

2
12 mo

Leads
1
Portfolio
3
Capital
$13.55M

Seed 67%A 33%
- MMakr Microsystems$1.1MSeed
- IInstaAstro$12MSer. A
- YYatrikart$450KSeed
12C
ChrysCapitalFund

Commerce and retail Consumer and social Health and bio

1
12 mo

Leads
2
Portfolio
4
Capital
$124.72M

B+ 100%
- LLinux Laboratories$70MSer. B+
- TThe Sleep Company$54.72MSer. B+
13B
Blue Ashva CapitalFund

Manufacturing and industrial Logistics and mobility Robotics and hardware

1
12 mo

Leads
2
Portfolio
3
Capital
$19.94M

Seed 67%A 33%
- KKepler Aerospace$8MSeed
- DDhruva Space$9MSer. A
14N
N&V CapitalFund

Health and bio

1
12 mo

Leads
0
Portfolio
2
Capital
$14M

Seed 100%
- Aaeon.life$14MSeed
158
8i VenturesFund

AI agents Fintech Sales and marketing

1
12 mo

Leads
0
Portfolio
2
Capital
$34M

B+ 100%
- PPowerUp Money$10MNov 3, 2026
- RRocketlane$24MSer. B+
16A
Atomic CapitalFund

Logistics and mobility Media and content

1
12 mo

Leads
1
Portfolio
1
Capital
$3.8M

A 100%
- UUtsav App$3.8MSer. A
17C
CDM CapitalFund

Data and analytics Sales and marketing Voice and audio AI

1
12 mo

Leads
0
Portfolio
1
Capital
$3M

Seed 100%
- Kkarta$3MSeed
18I
Impact India Investment PartnersFund

Manufacturing and industrial Robotics and hardware

1
12 mo

Leads
0
Portfolio
1
Capital
$2.83M

Seed 100%
- TThinkMetal$2.83MSeed
19C
Colossa VenturesFund

Health and bio

1
12 mo

Leads
1
Portfolio
1
Capital
$5.76M

A 100%
- LLissun$5.76MSer. A

VC firms by city

Questions and how this is counted

Mumbai VC firms: questions

What are the most active VC firms in Mumbai?

By deals in the last 12 months: Blume Ventures (12), Z47 (7), IvyCap Ventures (6), Alteria Capital (5), Avaana Capital (4). The list on this page ranks every Mumbai firm on Recent Funding and links to each one's portfolio.

How many VC firms are in Mumbai?

Recent Funding has 45 venture capital firms headquartered in Mumbai with a deal on record; 19 made one in the last 90 days. Together they joined 58 funding rounds in the last 12 months.

Which Mumbai VC firms invest at seed stage?

The Mumbai firms with the most seed rounds on record: Blume Ventures (7 seed deals), Z47 (7 seed deals), Avaana Capital (5 seed deals). Each firm's stage mix is in its row above.

What do Mumbai VC firms invest in?

The categories most Mumbai firms back: Commerce and retail (21 firms), Consumer and social (20 firms), Fintech (12 firms).

A firm is listed under Mumbai when its own profile puts its headquarters there (headquarters from the Fundraising Fox open dataset, CC BY 4.0); firms with no headquarters on file aren't listed. Deals are funding rounds on Recent Funding that list the investor. "Capital" is the total sourced size of those rounds, not the investor's own check; each deal amount links to where it was reported. Stage mix is of every round on record with a known stage. Accelerator batches count as deals for accelerators. API: /api/v1/investors?type=all&active=1 (get a free API key).