# Series A investors based in Mumbai (2026 list)

> 23 series A investors based in Mumbai, 91% active in the last 12 months. Led by Matrix Partners India, 9Unicorns, Alteria Capital. Ranked by what they funded.

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

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

# Series A investors based in Mumbai

Updated 7 November 2026

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

[See all 23 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseries-a-investors-based-in-mumbai)The top 23

**23** investors on the list *+2* this week

**77** cheques in 12 months *-3%* against the market

**$10M** median round they joined *+29%* against the market median

**91%** wrote a cheque in 12 months

**39%** have led a round

## The Top 23

Ordered by cheques observed, never by anything anyone paid for

Deploying now (21)

- 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 [A91 Partners](https://millionrounds.com/fund/a91-partners) *Deploying now* VC firm · India **7** **$25M** median round **Mar 2026** last seen
- 9 [Gaja Capital](https://millionrounds.com/fund/gaja-capital) *Deploying now* Private equity · India **7** **$16M** median round **Nov 2026** last seen
- 10 [Ankur Capital](https://millionrounds.com/fund/ankur-capital) quiet VC firm · India **5** **$6M** median round **Sept 2025** last seen
- 11 [Tenacity Ventures](https://millionrounds.com/fund/tenacity-ventures) *Deploying now* VC firm · India **3** **$16M** median round **Feb 2026** last seen
- 12 [1Crowd](https://millionrounds.com/fund/1crowd) *Deploying now* VC firm · India **2** **$3M** median round **Aug 2026** last seen
- 13 [Aditya Birla Ventures](https://millionrounds.com/fund/aditya-birla-ventures) *Deploying now* Corporate VC · India **2** **$29M** median round **Jan 2026** last seen
- 14 [Alchemy Capital](https://millionrounds.com/fund/alchemy-capital) *Deploying now* Growth equity · India **2** **$47M** median round **Oct 2026** last seen
- 15 [Artha Group](https://millionrounds.com/fund/artha-india-ventures) *Deploying now* Angel network · India **2** **$11M** median round **Sept 2026** last seen
- 16 [Centre Court Capital](https://millionrounds.com/fund/centre-court-capital) *Deploying now* VC firm · India **2** **$6.6M** median round **Oct 2026** last seen
- 17 [MAGNETIC](https://millionrounds.com/fund/magnetic-3) *Deploying now* VC firm · India **2** **$20M** median round **Feb 2026** last seen
- 18 [PitchRight Venture](https://millionrounds.com/fund/pitchright-ventures) quiet VC firm · India **2** **$17M** median round **Jul 2025** last seen
- 19 [Tomorrow Capital](https://millionrounds.com/fund/tomorrow-capital) *Deploying now* VC firm · India **2** **$9M** median round **Aug 2026** last seen
- 20 [Aureolis Ventures](https://millionrounds.com/fund/aureolis-ventures) *Deploying now* VC firm · India **1** **$10M** median round **Nov 2026** last seen
- 21 [Prath Ventures](https://millionrounds.com/fund/prath-ventures) *Deploying now* VC firm · India **1** **$7.9M** median round **Sept 2026** last seen
- 22 [VC Grid](https://millionrounds.com/fund/vc-grid) *Deploying now* VC firm · India **1** **$10M** median round **Nov 2026** last seen
- 23 [Z3Partners](https://millionrounds.com/fund/z3partners) *Deploying now* VC firm · India **1** **$10M** median round **Jun 2026** last seen

## 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)
- **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)
- **27** Oct **[Rotors](https://millionrounds.com/company/rotors)** Series A · $7.4M *With* [9Unicorns](https://millionrounds.com/fund/9unicorns)

## Stages This Year

69 rounds

- Series A **36%**
- Seed **12%**
- Series B **12%**
- Venture **10%**
- Pre-seed **7%**
- Other **23%**

## What They Backed

Sectors, last 12 months

- AI **27**
- Healthcare **8**
- Fintech **8**
- Climate Tech **6**
- E-commerce **6**
- Agtech **4**

## Cheques by Quarter

Led Joined

20 Q1 25

20 Q2 25

23 Q3 25

17 Q4 25

27 Q1 26

9 Q2 26

13 Q3 26

23 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 series A investors based in Mumbai

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

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

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

23 are on record. 91% made an investment in the last 12 months and 39% have led a round.

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

Of the rounds with a named stage in the last 12 months, mostly Series A (44%) and Seed (14%).

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

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

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

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

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

IvyCap Ventures (8 led), Matrix Partners India (7 led) and Omnivore (4 led).

### What have series A 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 series A 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)