# Investors based in Mumbai (2026 list)

> 780 investors based in Mumbai, 8% active in the last 12 months. Led by Matrix Partners India, 9Unicorns, Alteria Capital. Ranked by what they funded.

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

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

# Investors based in Mumbai

Updated 7 November 2026

Firms with an address in Mumbai. A head office is a fact about the firm; where it invests is on its own page.

[See all 780 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-mumbai)The top 25

**780** investors on the list No change this week

**128** cheques in 12 months *+37%* against the market

**$9.5M** median round they joined *+19%* against the market median

**8%** wrote a cheque in 12 months

**4%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (14)

- 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 [Mumbai Angels](https://millionrounds.com/fund/mumbai-angels) quiet VC firm · India **35** **$500K** median round **Oct 2015** last seen
- 6 [ah! Ventures](https://millionrounds.com/fund/ah-ventures-2) *Deploying now* VC firm · India **31** **$6.3M** median round **Mar 2026** last seen
- 7 [IvyCap Ventures](https://millionrounds.com/fund/ivycap-ventures) *Deploying now* VC firm · India **22** **$11M** median round **Nov 2026** last seen
- 8 [K2 Ventures](https://millionrounds.com/fund/k2-ventures) quiet Investment bank · Singapore **20** **$1.6M** median round **Jun 2015** last seen
- 9 [Orios Venture Partners](https://millionrounds.com/fund/orios-venture-partners) quiet VC firm · India **18** **$5.8M** median round **Jul 2019** last seen
- 10 [Omnivore](https://millionrounds.com/fund/omnivore) *Deploying now* VC firm · India **15** **$10M** median round **Nov 2026** last seen
- 11 [Unilazer Ventures](https://millionrounds.com/fund/unilazer-ventures-private-limited) *Deploying now* Private equity · India **11** **$20M** median round **Oct 2026** last seen
- 12 [Tata Capital](https://millionrounds.com/fund/tata-capital) *Deploying now* Private equity · India **9** **$89M** median round **Jan 2026** last seen
- 13 [Vida Ventures](https://millionrounds.com/fund/vida-ventures) *Deploying now* VC firm · India **9** **$105M** median round **Oct 2026** last seen
- 14 [seedfund.in](https://millionrounds.com/fund/sarthak-venture-capital-india-private-limited) quiet VC firm · India **9** **$3.5M** median round **Dec 2013** last seen
- 15 [Inc Fund](https://millionrounds.com/fund/inc-fund) quiet VC firm · India **8** **$53M** median round **Dec 2019** last seen
- 16 [VentureNursery](https://millionrounds.com/fund/venturenursery) dormant VC firm · India **8** **$375K** median round **Aug 2015** last seen
- 17 [A91 Partners](https://millionrounds.com/fund/a91-partners) *Deploying now* VC firm · India **7** **$25M** median round **Mar 2026** last seen
- 18 [Equanimity Investments](https://millionrounds.com/fund/equanimity-investments) quiet VC firm · India **7** **$3M** median round **Jan 2025** last seen
- 19 [Gaja Capital](https://millionrounds.com/fund/gaja-capital) *Deploying now* Private equity · India **7** **$16M** median round **Nov 2026** last seen
- 20 [Omidyar Network India](https://millionrounds.com/fund/omidyar-network-india) quiet VC firm · India **7** **$5M** median round **Dec 2019** last seen
- 21 [Aavishkaar Venture Capital](https://millionrounds.com/fund/aavishkaar-capital) *Deploying now* VC firm · India **6** **$20M** median round **Oct 2026** last seen
- 22 [Astarc Ventures](https://millionrounds.com/fund/astarc-ventures) quiet VC firm · India **6** **$1.5M** median round **Mar 2019** last seen
- 23 [Faering Capital](https://millionrounds.com/fund/faering-capital) quiet Private equity · India **6** **$15M** median round **Mar 2019** last seen
- 24 [HDFC Bank](https://millionrounds.com/fund/hdfc-bank) *Deploying now* Investment firm · India **6** **$10M** median round **Aug 2026** last seen
- 25 [IDFC Alternatives](https://millionrounds.com/fund/idfc-alternatives) dormant Investment firm · India **6** **$22M** median round **Jan 2019** last seen

**755 more on this list**

All 780 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%2Finvestors-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 **[Armatrix](https://millionrounds.com/company/armatrix)** Seed · $7.1M *With* [NKSquared](https://millionrounds.com/fund/nksquared)
- **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* [8i Ventures](https://millionrounds.com/fund/8i-ventures)

## Stages This Year

107 rounds

- Series A **23%**
- Other **17%**
- Seed **16%**
- Series B **13%**
- Series C **9%**
- Other **21%**

## What They Backed

Sectors, last 12 months

- AI **37**
- Healthcare **13**
- E-commerce **11**
- Fintech **11**
- Manufacturing **9**
- D2C **7**

## Cheques by Quarter

Led Joined

23 Q1 25

23 Q2 25

25 Q3 25

21 Q4 25

30 Q1 26

13 Q2 26

32 Q3 26

47 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors based in London 4,496](https://millionrounds.com/lists/investors-based-in-london)
- [Investors based in CA 3,746](https://millionrounds.com/lists/investors-based-in-ca)
- [Investors based in NY 3,658](https://millionrounds.com/lists/investors-based-in-ny)
- [Investors based in WA 2,473](https://millionrounds.com/lists/investors-based-in-wa)
- [Investors based in San Francisco 2,377](https://millionrounds.com/lists/investors-based-in-san-francisco)
- [Investors based in TX 2,250](https://millionrounds.com/lists/investors-based-in-tx)
- [Investors based in Dubai 1,922](https://millionrounds.com/lists/investors-based-in-dubai)
- [Investors based in Los Angeles 1,261](https://millionrounds.com/lists/investors-based-in-los-angeles)
- [Investors based in Chicago 1,255](https://millionrounds.com/lists/investors-based-in-chicago)

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

## Quick answers about investors based in Mumbai

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

By cheques observed, the most active are Matrix Partners India, 9Unicorns, Alteria Capital, InnoVen Capital and Mumbai Angels.

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

780 are on record. 8% made an investment in the last 12 months and 4% have led a round.

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

Of the rounds with a named stage in the last 12 months, mostly Series A (31%) and Seed (21%).

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

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

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

In the last 12 months, mostly AI, Healthcare and E-commerce.

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

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

### What have 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 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)
