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Daniel Tay · · 6 min readLooking for funding? Here are the 10 most active investors in India
India is on a roll: the number of investment deals in Indian startups increased from 216 in 2012 to 965 in 2016, according to CB Insights. And despite a dip in deal numbers in 2017, funding amounts rose by 48 percent, reaching a total of US$5.7 billion.
Apart from foreign investors, local venture capitalists are funding startups in India. Below is a list of the 10 most active Indian investors in 2018.
The data for this list was compiled from Tech in Asia‘s database, based on the number of investments these investors have made so far.
10. Artha India Ventures
Image courtesy Artha Ventures
Ashok Kumar Damani and Ramesh Damani, former directors of the Mumbai Stock Exchange, put up the firm in 2013 to fund early-stage and seed-round ventures.
Its diversified portfolio of more than 47 startups includes online interview platforms, cosmetic ecommerce, insurance companies, and classes aggregators.
AIV has made three investments in 2018: fashion app Coutloot, maternity and childcare platform BabyChakra, and quick-service restaurant startup Haazri.
9. Blume Ventures
Karthik Reddy, managing partner of Blume Ventures / Photo credit: Karthik Reddy
Blume invests in around 20 companies a year, particularly in seed-stage and early-stage ventures. Karthik Reddy and Sanjay Nath founded the firm in Mumbai in 2011 to fund companies in the analytics, consumer services, ecommerce, edtech, logistics, fintech, robotics, and travel categories.
The most notable of Blume’s 128 investments to date include food-delivery app Runnr and energy data analytics company Zenatix.
In 2018, it invested twice in Vokal, a peer-to-peer knowledge-sharing platform focused on various Indian languages. It also led funding rounds for US-based luxury vacations marketplace Rizort, video creation platform Rocketium, and healthtech company The Healthy Billion.
8. Brand Capital
Photo credit: Keresi72
7. IDG Ventures India
6. Indian Angel Network
5. Kae Capital
4. Kalaari Capital
3. Matrix Partners India
2. Microsoft ScaleUp
1. Sequoia Capital India
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Despite a dip in deal numbers in 2017, funding amounts in India rose by 48 percent.
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