Investor Lists

Seed investors based in Mumbai

Updated 7 November 2026

Firms with an address in Mumbai that we have watched take part in a seed round in the last two years.

21investors on the listNo change this week
66cheques in 12 months-2% against the market
$6.3Mmedian round they joined-21% against the market median
90%wrote a cheque in 12 months
48%have led a round

The Top 21

Ordered by cheques observed, never by anything anyone paid for

Deploying now (19)

  1. 1Matrix Partners IndiaDeploying nowVC firm · India109$10Mmedian roundOct 2026last seen
  2. 29UnicornsDeploying nowVC firm · India91$4.4Mmedian roundOct 2026last seen
  3. 3Alteria CapitalDeploying nowVenture debt · India81$11Mmedian roundOct 2026last seen
  4. 4ah! VenturesDeploying nowVC firm · India31$6.3Mmedian roundMar 2026last seen
  5. 5IvyCap VenturesDeploying nowVC firm · India22$11Mmedian roundNov 2026last seen
  6. 6Unilazer VenturesDeploying nowPrivate equity · India11$20Mmedian roundOct 2026last seen
  7. 7Equanimity InvestmentsquietVC firm · India7$3Mmedian roundJan 2025last seen
  8. 8WEH VenturesDeploying nowVC firm · India5$2.7Mmedian roundJul 2026last seen
  9. 9Avaana CapitalDeploying nowVC firm · India3$4.5Mmedian roundOct 2026last seen
  10. 10Cedar Hill CapitalDeploying nowVC firm · India3$3Mmedian roundOct 2026last seen
  11. 11360 ONEDeploying nowPrivate equity · United States3$87Mmedian roundSept 2026last seen
  12. 12CDM CapitalDeploying nowVC firm · India2$3Mmedian roundOct 2026last seen
  13. 13Centre Court CapitalDeploying nowVC firm · India2$6.6Mmedian roundOct 2026last seen
  14. 14Singularity AMCDeploying nowGrowth equity · India2$65Mmedian roundOct 2026last seen
  15. 15Tomorrow CapitalDeploying nowVC firm · India2$9Mmedian roundAug 2026last seen
  16. 16Unicorn India VenturesDeploying nowVC firm · India2$2.6Mmedian roundOct 2026last seen
  17. 17ALSiSAR IMPACTquietVC firm · India1$1Mmedian roundFeb 2025last seen
  18. 18Boundless VenturesDeploying nowVC firm · India1$7.1Mmedian roundNov 2026last seen
  19. 19Giga CapitalDeploying nowVC firm · India1$738Kmedian roundNov 2026last seen
  20. 20NKSquaredDeploying nowVC firm · India1$7.1Mmedian roundNov 2026last seen
  21. 21Bajaj VenturesDeploying nowVC firm · India1$4Mmedian roundJan 2026last seen

Quick answers about seed investors based in Mumbai

Who are the most active seed investors based in Mumbai?

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

How many seed investors based in Mumbai are there?

21 are on record. 90% made an investment in the last 12 months and 48% have led a round.

Which stages do seed investors based in Mumbai back?

Of the rounds with a named stage in the last 12 months, mostly Seed (33%) and Series A (27%).

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

The typical (median) round among the leading investors here is $6.3M.

Which sectors do seed investors based in Mumbai back most?

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

Which seed investors based in Mumbai lead the most rounds?

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

What have seed investors based in Mumbai invested in recently?

Recent rounds include Blitz (Pre-seed, Nov 2026, with IvyCap Ventures), Armatrix (Seed, Nov 2026, with Boundless Ventures) and Hyeglo Beauty (Seed, Nov 2026, with Giga Capital).

How is this list of seed 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 · Report a correction