# D2C investors in Asia (2026 list)

> 65 D2C investors in Asia, 97% active in the last 12 months. Led by OrbiMed, Blume Ventures, iSeed. Ranked by what they funded.

Source: https://millionrounds.com/lists/d2c-investors-in-asia (Millionrounds; every figure on the page links to its filing or article)

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

# D2C investors in Asia

Updated 7 November 2026

Firms observed backing a D2C company in Asia in the last two years, wherever the firm is based.

[See all 65 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fd2c-investors-in-asia)The top 25

**65** investors on the list *+17* this week

**237** cheques in 12 months *+28%* against the market

**$7M** median round they joined *-12%* against the market median

**97%** wrote a cheque in 12 months

**46%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [OrbiMed](https://millionrounds.com/fund/orbimed) *Deploying now* Private equity · United States **447** **$71M** median round **Oct 2026** last seen
- 2 [Blume Ventures](https://millionrounds.com/fund/blume-ventures) *Deploying now* VC firm · India **225** **$5M** median round **Nov 2026** last seen
- 3 [iSeed](https://millionrounds.com/fund/iseed) *Deploying now* VC firm · India **118** **$2.6M** median round **Sept 2026** last seen
- 4 [3one4 Capital](https://millionrounds.com/fund/3one4-capital) *Deploying now* VC firm · India **92** **$6.2M** median round **Oct 2026** last seen
- 5 [9Unicorns](https://millionrounds.com/fund/9unicorns) *Deploying now* VC firm · India **91** **$4.4M** median round **Oct 2026** last seen
- 6 [India Quotient](https://millionrounds.com/fund/indiaquotient) *Deploying now* VC firm · India **79** **$4M** median round **Nov 2026** last seen
- 7 [Fireside Ventures](https://millionrounds.com/fund/fireside-ventures) *Deploying now* VC firm · India **33** **$6M** median round **Oct 2026** last seen
- 8 [Saama Capital](https://millionrounds.com/fund/saama-capital) *Deploying now* VC firm · India **28** **$2.5M** median round **Nov 2026** last seen
- 9 [DSG Consumer Partners](https://millionrounds.com/fund/dsg-consumer-partners) *Deploying now* VC firm · Singapore **26** **$3.4M** median round **Nov 2026** last seen
- 10 [Bertelsmann India Investments](https://millionrounds.com/fund/bertelsmann-india-investments) *Deploying now* Corporate VC · India **17** **$27M** median round **Oct 2026** last seen
- 11 [Anicut Capital](https://millionrounds.com/fund/anicut-capital) *Deploying now* VC firm · India **8** **$13M** median round **Oct 2026** last seen
- 12 [Cool Japan Fund](https://millionrounds.com/fund/cool-japan-fund) *Deploying now* Government · Japan **8** **$17M** median round **Apr 2026** last seen
- 13 [Vertex Growth Fund](https://millionrounds.com/fund/vertex-growth-fund) *Deploying now* VC firm · Singapore **7** **$49M** median round **Oct 2026** last seen
- 14 [Sixth Sense Ventures](https://millionrounds.com/fund/sixth-sense-ventures) *Deploying now* VC firm · India **5** **$8.3M** median round **Nov 2026** last seen
- 15 [sauce.vc](https://millionrounds.com/fund/sauce) *Deploying now* VC firm · India **5** **$1.7M** median round **Nov 2026** last seen
- 16 [IAN Angel Fund](https://millionrounds.com/fund/ian-angel-fund) *Deploying now* VC firm **5** **$421K** median round **Aug 2026** last seen
- 17 [Udaan Angel Partners](https://millionrounds.com/fund/udaan-angel-partners) *Deploying now* VC firm **5** **$73K** median round **May 2026** last seen
- 18 [Epiq Capital](https://millionrounds.com/fund/epiq-capital) *Deploying now* VC firm · India **4** **$53M** median round **Nov 2026** last seen
- 19 [Multiples](https://millionrounds.com/fund/multiples-alternate-asset-management) *Deploying now* Private equity · India **4** **$125M** median round **Nov 2026** last seen
- 20 [Kairous Capital](https://millionrounds.com/fund/kairous-capital) *Deploying now* VC firm · Malaysia **3** **$8.8M** median round **Oct 2026** last seen
- 21 [M Venture Partners](https://millionrounds.com/fund/m-venture-partners-mvp) *Deploying now* VC firm · Singapore **3** **$3.7M** median round **Oct 2026** last seen
- 22 [Niveshaay](https://millionrounds.com/fund/niveshaay) *Deploying now* Advisor · India **3** **$15M** median round **Sept 2026** last seen
- 23 [Sharrp Ventures](https://millionrounds.com/fund/sharrp-ventures-harsh-mariwala-investment-office) *Deploying now* Private equity · India **3** **$12M** median round **Oct 2026** last seen
- 24 [Bharat Value Fund](https://millionrounds.com/fund/bharat-value-fund) *Deploying now* Growth equity **3** **$42M** median round **Oct 2026** last seen
- 25 [Vertex Ventures SEA & India](https://millionrounds.com/fund/vertex-ventures-sea-and-india) *Deploying now* Growth equity **3** **$20M** median round **Oct 2026** last seen

**40 more on this list**

All 65 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%2Fd2c-investors-in-asia)

## The Newest Cheques

Rounds this list's investors joined most recently

- **3** Nov **[Nuuk](https://millionrounds.com/company/nuuk)** $10M *Led by* [RPSG Capital Ventures](https://millionrounds.com/fund/rpsg-capital-ventures)
- **3** Nov **[Solgram](https://millionrounds.com/company/solgram)** Pre-seed · $1M *Led by* [Saama Capital](https://millionrounds.com/fund/saama-capital)
- **3** Nov **[Armatrix](https://millionrounds.com/company/armatrix)** Seed · $7.1M *With* [Roman Saini](https://millionrounds.com/fund/roman-saini)
- **3** Nov **[GIVA](https://millionrounds.com/company/giva)** Other · $100M *Led by* [Multiples](https://millionrounds.com/fund/multiples-alternate-asset-management)
- **3** Nov **[PowerUp Money](https://millionrounds.com/company/powerup-money)** Other · $10M *With* [Blume Ventures](https://millionrounds.com/fund/blume-ventures)
- **2** Nov **[Hyeglo Beauty](https://millionrounds.com/company/hyeglo-beauty)** Seed · $738K *Led by* [sauce.vc](https://millionrounds.com/fund/sauce)

## Stages This Year

174 rounds

- Other **21%**
- Seed **20%**
- Series A **19%**
- Series B **13%**
- Series C **10%**
- Other **18%**

## What They Backed

Sectors, last 12 months

- Biotech **34**
- Healthcare **32**
- AI **27**
- E-commerce **16**
- D2C **16**
- Pharma **14**

## Cheques by Quarter

Led Joined

39 Q1 25

34 Q2 25

67 Q3 25

60 Q4 25

56 Q1 26

32 Q2 26

50 Q3 26

82 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america)
- [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe)
- [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america)
- [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america)
- [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia)
- [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america)
- [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america)
- [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america)
- [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america)

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

## Quick answers about D2C investors in Asia

### Who are the most active D2C investors in Asia?

By cheques observed, the most active are OrbiMed, Blume Ventures, iSeed, 3one4 Capital and 9Unicorns.

### How many D2C investors in Asia are there?

65 are on record. 97% made an investment in the last 12 months and 46% have led a round.

### Which stages do D2C investors in Asia back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (25%).

### How big are the rounds D2C investors in Asia join?

The typical (median) round among the leading investors here is $8.3M.

### Which sectors do D2C investors in Asia back most?

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

### Which D2C investors in Asia lead the most rounds?

Blume Ventures (10 led), OrbiMed (9 led) and 3one4 Capital (9 led).

### Where are D2C investors in Asia based?

Among the most active, most are based in India (15), Singapore (3) and the United States (1).

### What have D2C investors in Asia invested in recently?

Recent rounds include Nuuk (Nov 2026, with RPSG Capital Ventures), Solgram (Pre-seed, Nov 2026, with Saama Capital) and Armatrix (Seed, Nov 2026, with Roman Saini).

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