# AI investors based in Mumbai (2026 list)

> 28 AI investors based in Mumbai, 93% active in the last 12 months. Led by Matrix Partners India, 9Unicorns, Alteria Capital. Ranked by what they funded.

Source: https://millionrounds.com/lists/ai-investors-based-in-mumbai (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# AI investors based in Mumbai

Updated 7 November 2026

Firms with an address in Mumbai that we have watched back an AI company in the last two years.

[See all 28 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fai-investors-based-in-mumbai)The top 25

**28** investors on the list *+1* this week

**84** cheques in 12 months *+0%* against the market

**$10M** median round they joined *+25%* against the market median

**93%** wrote a cheque in 12 months

**54%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (23)

- 1 [Matrix Partners India](https://millionrounds.com/fund/matrix-partners-india) *Deploying now* VC firm · India **109** **$10M** median round **Oct 2026** last seen
- 2 [9Unicorns](https://millionrounds.com/fund/9unicorns) *Deploying now* VC firm · India **91** **$4.4M** median round **Oct 2026** last seen
- 3 [Alteria Capital](https://millionrounds.com/fund/alteria-capital) *Deploying now* Venture debt · India **81** **$11M** median round **Oct 2026** last seen
- 4 [InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) *Deploying now* Venture debt · India **78** **$10M** median round **Oct 2026** last seen
- 5 [ah! Ventures](https://millionrounds.com/fund/ah-ventures-2) *Deploying now* VC firm · India **31** **$6.3M** median round **Mar 2026** last seen
- 6 [IvyCap Ventures](https://millionrounds.com/fund/ivycap-ventures) *Deploying now* VC firm · India **22** **$11M** median round **Nov 2026** last seen
- 7 [Omnivore](https://millionrounds.com/fund/omnivore) *Deploying now* VC firm · India **15** **$10M** median round **Nov 2026** last seen
- 8 [Unilazer Ventures](https://millionrounds.com/fund/unilazer-ventures-private-limited) *Deploying now* Private equity · India **11** **$20M** median round **Oct 2026** last seen
- 9 [A91 Partners](https://millionrounds.com/fund/a91-partners) *Deploying now* VC firm · India **7** **$25M** median round **Mar 2026** last seen
- 10 [Equanimity Investments](https://millionrounds.com/fund/equanimity-investments) quiet VC firm · India **7** **$3M** median round **Jan 2025** last seen
- 11 [Gaja Capital](https://millionrounds.com/fund/gaja-capital) *Deploying now* Private equity · India **7** **$16M** median round **Nov 2026** last seen
- 12 [Artha Venture Fund](https://millionrounds.com/fund/artha-venture-fund) quiet VC firm · India **4** **$1.1M** median round **Apr 2025** last seen
- 13 [Multiples](https://millionrounds.com/fund/multiples-alternate-asset-management) *Deploying now* Private equity · India **4** **$125M** median round **Nov 2026** last seen
- 14 [Cedar Hill Capital](https://millionrounds.com/fund/cedar-hill-capital) *Deploying now* VC firm · India **3** **$3M** median round **Oct 2026** last seen
- 15 [Tenacity Ventures](https://millionrounds.com/fund/tenacity-ventures) *Deploying now* VC firm · India **3** **$16M** median round **Feb 2026** last seen
- 16 [360 ONE](https://millionrounds.com/fund/360-one) *Deploying now* Private equity · United States **3** **$87M** median round **Sept 2026** last seen
- 17 [1Crowd](https://millionrounds.com/fund/1crowd) *Deploying now* VC firm · India **2** **$3M** median round **Aug 2026** last seen
- 18 [Aditya Birla Ventures](https://millionrounds.com/fund/aditya-birla-ventures) *Deploying now* Corporate VC · India **2** **$29M** median round **Jan 2026** last seen
- 19 [CDM Capital](https://millionrounds.com/fund/cdm-capital) *Deploying now* VC firm · India **2** **$3M** median round **Oct 2026** last seen
- 20 [Centre Court Capital](https://millionrounds.com/fund/centre-court-capital) *Deploying now* VC firm · India **2** **$6.6M** median round **Oct 2026** last seen
- 21 [MAGNETIC](https://millionrounds.com/fund/magnetic-3) *Deploying now* VC firm · India **2** **$20M** median round **Feb 2026** last seen
- 22 [Peak Sustainability Ventures](https://millionrounds.com/fund/peak-sustainability-ventures) *Deploying now* VC firm · India **2** **$1.2M** median round **Aug 2026** last seen
- 23 [Unicorn India Ventures](https://millionrounds.com/fund/unicorn-india-ventures) *Deploying now* VC firm · India **2** **$2.6M** median round **Oct 2026** last seen
- 24 [Kriscore Capital](https://millionrounds.com/fund/kriscore-capital) *Deploying now* VC firm · India **1** **$1.3M** median round **Oct 2026** last seen
- 25 [Motilal Oswal Alternates](https://millionrounds.com/fund/motilal-oswal-alternates) *Deploying now* Growth equity · India **1** **$280M** median round **Apr 2026** last seen

**3 more on this list**

All 28 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fai-investors-based-in-mumbai)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[altM](https://millionrounds.com/company/altm)** Series A · $10M *With* [Omnivore](https://millionrounds.com/fund/omnivore)
- **5** Nov **[Ripik.ai](https://millionrounds.com/company/ripik-ai)** Round *Led by* [Gaja Capital](https://millionrounds.com/fund/gaja-capital)
- **4** Nov **[Blitz](https://millionrounds.com/company/blitz)** Pre-seed · $3M *Led by* [IvyCap Ventures](https://millionrounds.com/fund/ivycap-ventures)
- **3** Nov **[GIVA](https://millionrounds.com/company/giva)** Other · $100M *Led by* [Multiples](https://millionrounds.com/fund/multiples-alternate-asset-management)
- **2** Nov **[Two Point O Capital](https://millionrounds.com/company/two-point-o-capital)** Series A · $10M *With* [Omnivore](https://millionrounds.com/fund/omnivore)
- **2** Nov **[TW.O](https://millionrounds.com/company/two)** $10M *With* [Omnivore](https://millionrounds.com/fund/omnivore)

## Stages This Year

77 rounds

- Series A **29%**
- Seed **14%**
- Other **10%**
- Series B **10%**
- Venture **9%**
- Other **27%**

## What They Backed

Sectors, last 12 months

- AI **37**
- Fintech **8**
- Healthcare **8**
- Climate Tech **6**
- E-commerce **6**
- Agtech **5**

## Cheques by Quarter

Led Joined

22 Q1 25

22 Q2 25

21 Q3 25

20 Q4 25

26 Q1 26

12 Q2 26

15 Q3 26

26 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors based in San Francisco 353](https://millionrounds.com/lists/ai-investors-based-in-san-francisco)
- [AI investors based in New York 345](https://millionrounds.com/lists/ai-investors-based-in-new-york)
- [Seed investors based in San Francisco 273](https://millionrounds.com/lists/seed-investors-based-in-san-francisco)
- [Series A investors based in San Francisco 266](https://millionrounds.com/lists/series-a-investors-based-in-san-francisco)
- [Series A investors based in New York 255](https://millionrounds.com/lists/series-a-investors-based-in-new-york)
- [Seed investors based in New York 227](https://millionrounds.com/lists/seed-investors-based-in-new-york)
- [AI investors based in London 223](https://millionrounds.com/lists/ai-investors-based-in-london)
- [Series B investors based in New York 198](https://millionrounds.com/lists/series-b-investors-based-in-new-york)
- [Fintech investors based in New York 197](https://millionrounds.com/lists/fintech-investors-based-in-new-york)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about AI investors based in Mumbai

### Who are the most active AI investors based in Mumbai?

By cheques observed, the most active are Matrix Partners India, 9Unicorns, Alteria Capital, InnoVen Capital and ah! Ventures.

### How many AI investors based in Mumbai are there?

28 are on record. 93% made an investment in the last 12 months and 54% have led a round.

### Which stages do AI investors based in Mumbai back?

Of the rounds with a named stage in the last 12 months, mostly Series A (36%) and Seed (18%).

### How big are the rounds AI investors based in Mumbai join?

The typical (median) round among the leading investors here is $10M.

### Which sectors do AI investors based in Mumbai back most?

In the last 12 months, mostly AI, Fintech and Healthcare.

### Which AI investors based in Mumbai lead the most rounds?

IvyCap Ventures (8 led), Matrix Partners India (7 led) and Equanimity Investments (6 led).

### What have AI investors based in Mumbai invested in recently?

Recent rounds include altM (Series A, Nov 2026, with Omnivore), Ripik.ai (Nov 2026, with Gaja Capital) and Blitz (Pre-seed, Nov 2026, with IvyCap Ventures).

### How is this list of AI investors based in Mumbai ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)