# Manufacturing investors in India (2026 list)

> 94 manufacturing investors in India, 94% active in the last 12 months. Led by General Catalyst, Accel, Lightspeed Venture Partners. Ranked by what they funded.

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

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

# Manufacturing investors in India

Updated 7 November 2026

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

[See all 94 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fmanufacturing-investors-in-india)The top 25

**94** investors on the list *+16* this week

**1,061** cheques in 12 months *+0%* against the market

**$13M** median round they joined *+68%* against the market median

**94%** wrote a cheque in 12 months

**53%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (23)

- 1 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 2 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 3 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) *Deploying now* VC firm · United States **1,341** **$35M** median round **Nov 2026** last seen
- 4 [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) *Deploying now* VC firm · United States **773** **$47M** median round **Nov 2026** last seen
- 5 [Norwest Venture Partners](https://millionrounds.com/fund/norwest) *Deploying now* VC firm · United States **705** **$25M** median round **Oct 2026** last seen
- 6 [True Ventures](https://millionrounds.com/fund/true-ventures-2) *Deploying now* VC firm · Netherlands **397** **$8.7M** median round **Oct 2026** last seen
- 7 [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) *Deploying now* VC firm · United States **294** **$13M** median round **Oct 2026** last seen
- 8 [Blume Ventures](https://millionrounds.com/fund/blume-ventures) *Deploying now* VC firm · India **225** **$5M** median round **Nov 2026** last seen
- 9 [Venture Catalysts](https://millionrounds.com/fund/venture-catalysts-2) *Deploying now* VC firm · Portugal **210** **$1.4M** median round **Jun 2026** last seen
- 10 [Inflection Point Ventures](https://millionrounds.com/fund/inflection-point-ventures) *Deploying now* VC firm · United States **181** **$1M** median round **Oct 2026** last seen
- 11 [BEENEXT](https://millionrounds.com/fund/beenext) *Deploying now* VC firm · Singapore **161** **$6.1M** median round **Oct 2026** last seen
- 12 [Elevation Capital](https://millionrounds.com/fund/elevation-capital-2) *Deploying now* VC firm · Canada **128** **$10M** median round **Oct 2026** last seen
- 13 [iSeed](https://millionrounds.com/fund/iseed) *Deploying now* VC firm · India **118** **$2.6M** median round **Sept 2026** last seen
- 14 [StepStone Group](https://millionrounds.com/fund/stepstone-group) *Deploying now* Fund of funds · United States **111** **$60M** median round **Sept 2026** last seen
- 15 [3one4 Capital](https://millionrounds.com/fund/3one4-capital) *Deploying now* VC firm · India **92** **$6.2M** median round **Oct 2026** last seen
- 16 [Declaration Partners](https://millionrounds.com/fund/declaration-partners) *Deploying now* Family office · United States **90** **$25M** median round **Oct 2026** last seen
- 17 [Version One Ventures](https://millionrounds.com/fund/version-one) *Deploying now* VC firm · Canada **88** **$5.9M** median round **Sept 2026** last seen
- 18 [GSR Ventures](https://millionrounds.com/fund/gsr-ventures) quiet VC firm · United States **80** **$19M** median round **Mar 2025** last seen
- 19 [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha) *Deploying now* Corporate VC · India **79** **$2.5M** median round **Nov 2026** last seen
- 20 [Crane Venture Partners](https://millionrounds.com/fund/crane-venture-partners) *Deploying now* VC firm · United Kingdom **76** **$7.8M** median round **Nov 2026** last seen
- 21 [Mitsui & Co](https://millionrounds.com/fund/mitsui-and-co) *Deploying now* Corporate VC · Japan **47** **$65M** median round **Aug 2026** last seen
- 22 [We Founder Circle](https://millionrounds.com/fund/we-founder-circle-2) *Deploying now* Angel network · India **26** **$2M** median round **Jan 2026** last seen
- 23 [Bertelsmann India Investments](https://millionrounds.com/fund/bertelsmann-india-investments) *Deploying now* Corporate VC · India **17** **$27M** median round **Oct 2026** last seen
- 24 [Exfinity Venture Partners](https://millionrounds.com/fund/exfinity-venture-partners) quiet VC firm · India **15** **$9M** median round **Jan 2025** last seen
- 25 [NGP Capital](https://millionrounds.com/fund/ngp-capital) *Deploying now* VC firm · United States **15** **$35M** median round **Mar 2026** last seen

**69 more on this list**

All 94 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%2Fmanufacturing-investors-in-india)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[TASE Global](https://millionrounds.com/company/tase-global)** Other · $32M *Led by* [ValueQuest Tristar Fund](https://millionrounds.com/fund/valuequest-tristar-fund)
- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management)
- **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *With* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management)
- **5** Nov **[altM](https://millionrounds.com/company/altm)** Series A · $10M *Led by* [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha)
- **5** Nov **[Ripik.ai](https://millionrounds.com/company/ripik-ai)** Round *Led by* [Gaja Capital](https://millionrounds.com/fund/gaja-capital)

## Stages This Year

877 rounds

- Series A **19%**
- Seed **18%**
- Series B **14%**
- Venture **11%**
- Series C **9%**
- Other **28%**

## What They Backed

Sectors, last 12 months

- AI **447**
- Fintech **77**
- Healthcare **58**
- Manufacturing **45**
- Robotics **44**
- Cybersecurity **42**

## Cheques by Quarter

Led Joined

263 Q1 25

270 Q2 25

302 Q3 25

306 Q4 25

310 Q1 26

246 Q2 26

242 Q3 26

165 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in United States 3,683](https://millionrounds.com/lists/ai-investors-in-united-states)
- [Fintech investors in United States 1,166](https://millionrounds.com/lists/fintech-investors-in-united-states)
- [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom)
- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
- [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states)
- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

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

## Reading for founders in industrial and manufacturing

- The British Industrial Revolution in Global Perspective Robert C. Allen · 2009 3.99 from 277 ratings on Goodreads Industrial and manufacturing About the book Why did the industrial revolution take place in eighteenth-century Britain and not elsewhere in Europe or Asia? In this convincing new account Robert Allen argues that the British industrial revolution was a successful response to the global economy of the seventeenth and… On AmazonListen on Audible
- Made in the USA: The Rise and Retreat of American Manufacturing Vaclav Smil · 2013 3.77 from 518 ratings on Goodreads Industrial and manufacturing Company building About the book In Made in the USA, Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy. Smil argues that no advanced economy can prosper without… On AmazonListen on Audible
- PRODUCT DESIGN+DEVELOPMENT >IN Karl T. Ulrich · 1994 4.00 from 482 ratings on Goodreads Industrial and manufacturing Company building About the book This book presents a set of product development techniques aimed at bringing together the marketing, design, and manufacturing functions of the enterprise. It treats issues such as identifying customer needs, design for manufacturing, prototyping, and industrial design. On AmazonListen on Audible
- The Most Powerful Idea in the World: A Story of Steam, Industry, and Invention William Rosen · 2010 3.93 from 1,401 ratings on Goodreads Industrial and manufacturing Innovation Company building About the book If all measures of human advancement in the last hundred centuries were plotted on a graph, they would show an almost perfectly flat line, until the eighteenth century, when the Industrial Revolution would cause the line to shoot straight up, beginning an almost uninterrupted… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=industrial).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about manufacturing investors in India

### Who are the most active manufacturing investors in India?

By cheques observed, the most active are General Catalyst, Accel, Lightspeed Venture Partners, Tiger Global Management and Norwest Venture Partners.

### How many manufacturing investors in India are there?

94 are on record. 94% made an investment in the last 12 months and 53% have led a round.

### Which stages do manufacturing investors in India back?

Of the rounds with a named stage in the last 12 months, mostly Series A (25%) and Seed (24%).

### How big are the rounds manufacturing investors in India join?

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

### Which sectors do manufacturing investors in India back most?

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

### Which manufacturing investors in India lead the most rounds?

Accel (103 led), General Catalyst (97 led) and Lightspeed Venture Partners (83 led).

### Where are manufacturing investors in India based?

Among the most active, most are based in the United States (11), India (7) and Canada (2).

### What have manufacturing investors in India invested in recently?

Recent rounds include TASE Global (Other, Nov 2026, with ValueQuest Tristar Fund), Thinking Machines Lab (Other, Nov 2026, with Accel) and Harbinger (Series D+, Nov 2026, with Tiger Global Management).

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