How many investments has Alteria Capital made?

Alteria Capital has 90 tracked investments, 3 of which have exited, including 24 dated in the last 24 months.

What stage does Alteria Capital invest at?

Alteria Capital invests at the Series A, Series B, Series C, Growth stages.

Where is Alteria Capital located?

Alteria Capital is headquartered in Mumbai, IN.

Who does Alteria Capital co-invest with?

Alteria Capital most often shares deals with Peak XV Partners, Trifecta Capital Advisors, Accel, among 130 tracked co-investors.

Alteria Capital

Venture debt

Mumbai · Series A–Growth · 28 people tracked

★ Follow + Add to CRM ⤳ Find an introduction

Find your way into Alteria Capital

Paths you didn't know you had: your email and LinkedIn already hold routes to the Alteria Capital team. We find them for you
2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

✨ Fox Verdict

Investment thesis

Alteria Capital offers venture debt and structured finance as an alternative to equity, enabling founders to fund growth while minimizing dilution and retaining ownership. Investing on a sector- and stage-agnostic basis, the firm targets startups with strong institutional VC backing, exceptional founding teams with bold vision and execution ability, and scalable, differentiated business models with defensible market positions. Drawing on a team that pioneered venture debt in India in 2008 and has operated Alteria since 2017, the firm positions itself as a patient, long-term capital partner across the full lifecycle of a company's scaling journey.

Invests inConsumer EdTech Fintech FoodTech Healthtech Mobility & Transportation SaaSSector AgnosticAsia-Pacific India Mumbai

Source: firm website, verified Sep 27, 2026.

Leave your own feedback

Stage

Series A–Growth

Mumbai, IN

Instruments

Debt

Founded

2017

Last 12 months

16 investments

AUM

$550M

Tracked investments

Unicorns

IPOs

Acquisitions

Team · 28 people

from the firm's website & public directories

Ajay Hattangdi· Managing Partner· Mumbai, Maharashtra, Indiain

Ajay Hattangdi has worked with startups for over 20 years and helped build the Indian venture debt industry. In 2005 he established a lending group within Citibank focused on startup debt deals, then launched InnoVen Capital (formerly SVB India Finance), India's first specialty venture debt business, in 2007, later expanding the group into Singapore and China after a 2015 buyout. He left InnoVen in 2017 to co-found Alteria Capital with Vinod Murali, where he serves as Managing Partner. He holds an MBA from the State University of New York at Buffalo and a Masters in Banking & Finance from Mumbai University.

ajay@alteriacapital.com

Ankit Agarwal· Partner· Mumbai, Maharashtra, Indiain

Ankit Agarwal is a Partner at Alteria Capital with over 11 years of experience in venture debt investing in India. Before Alteria, he was a Director at InnoVen Capital India (formerly SVB India Finance), where he led more than 100 venture debt investments and helped establish InnoVen's lending business in South East Asia, and earlier worked in credit risk management at Yes Bank in Mumbai. He holds a Bachelor's in Commerce from St. Xavier's College, Kolkata and a management degree from IMT Ghaziabad, and is a qualified Chartered Accountant and Company Secretary.

ankit@alteriacapital.com

Punit Shah· Managing Partnerin

Punit Shah has more than 12 years of experience in commercial lending and financial consulting for middle-market companies. Before joining Alteria Capital, he was a Director at InnoVen Capital India (formerly SVB India Finance), where he led over 75 venture debt investments. Earlier roles include corporate banking at Yes Bank, credit facilities for SMEs at HSBC in India, and M&A taxation work in the Transaction Support Services department at Ernst & Young.

punit@alteriacapital.com

Vinod Murali· Managing Partner and Co-founder· Mumbai, Maharashtra, Indiain

Vinod Murali is Managing Partner and Co-founder of Alteria Capital, with over 20 years of experience across venture debt, mezzanine capital, and structured finance, and 15 years in India's startup ecosystem. Before Alteria, he spent nine years at Innoven Capital (formerly SVB India Finance), where he rose to Deputy CEO of the India business and led its venture debt operations as Managing Director from 2014. Earlier roles included corporate and investment banking at Citigroup and stints at ICICI Bank. He holds an MBA from IIM Ahmedabad and a technology degree from IIT Madras.

vinod@alteriacapital.com

Akshat Saxena· Principal· Delhi, Indiain

Akshat Saxena is a Principal on the investment team at Alteria Capital. Before joining Alteria, he established the venture debt business for Kotak Mahindra Investments and led the North and East India structured finance business, financing LBOs, M&As, and promoter transactions across the tech, consumer, healthcare, and auto sectors. He earlier worked with ICICI Bank in Global Structured Finance and with Synergy Consulting, and holds a PGDM from IIM Indore and a Bachelor of Technology in Mechanical Engineering from MNNIT Allahabad.

akshat@alteriacapital.com

Vivek Pillai· Principal

vivek@alteriacapital.com

Ananya Gurung· Analyst· Mumbai, Maharashtra, Indiain

Ananya Gurung is an Analyst at Alteria Capital, where she supports deal evaluation and portfolio management. She previously worked on the private markets team at a multi-family office advisory evaluating early-stage startups, and before that in financial due diligence at KPMG on transaction advisory mandates in financial services. She holds a Bachelor's degree in Accounting & Finance from H.R. College of Commerce & Economics and has cleared CFA Level I.

Atul Sanadi· Vice President – Finance & Investor Relations· Mumbai, Maharashtra, Indiain

Atul Sanadi is Vice President of Finance and Investor Relations at Alteria Capital, where he handles finance, operations, taxation, treasury, and investor relations. He has more than 10 years of experience in credit administration and post-sanction activities, having previously worked at DBS Bank, JP Morgan Chase Bank, Bank of Nova Scotia, and Kotak Mahindra Bank. He holds a Bachelor's in Commerce from MMK College, Mumbai University, and a postgraduate degree from Welingkar Institute of Management Studies.

Chiraag Kochhar· Associate

Chiraag Kochhar is an Associate at Alteria Capital, where he supports the deal team on due diligence, deal closure, and portfolio monitoring. He previously worked as a Senior Executive in Deloitte India's Corporate Finance and Restructuring Services team, focusing on the Oil & Gas and Energy Transition segment, where he handled disinvestment, M&A, fundraising, and pre-IPO transactions. He holds a B.Sc. (Hons) in Economics from Symbiosis School of Economics, Pune.

Deepak Malik· Head of Fundraising / Investor Relations· Mumbai, Maharashtra, Indiain

Deepak Malik leads fundraising across funds and strategies at Alteria Capital, with more than 23 years of experience in fund-raising and investor engagement across public and private markets. Before Alteria, he headed investor relations at Northern Arc Investments, managing capital relationships across alternative credit strategies and working with financial institutions, family offices, UHNIs, and trusts. He holds a postgraduate degree in Business Management from the University of Mumbai.

Janhavi Jasani· Senior Associate· Mumbai, Maharashtra, Indiain

Janhavi Jasani is a Senior Associate at Alteria Capital. She previously interned at 100X.VC, where she worked on deal sourcing, building relationships with ecosystem enablers, and supporting portfolio companies, and she worked as a Credit Underwriter at Liquiloans analysing credit data and financial statements. She holds a Bachelor's in Business Administration from NMIMS University's Anil Surendra Modi School of Commerce.

Jessica Pereira· Office Manager

Jessica Pereira is the Office Manager at Alteria Capital, where she handles clerical tasks such as travel arrangements, meeting scheduling, and communications. Before joining the firm, she worked at Taj Group of Hotels, Staples, and People Interactive India Pvt Ltd. She holds a Bachelor of Arts degree from Wilson College, Mumbai University.

Jinal Gandhi· Director, Finance and Head – Investor Relations· Mumbai, Maharashtra, Indiain

Jinal Gandhi is Director, Finance and Head of Investor Relations at Alteria Capital, overseeing finance, operations, taxation, treasury, and investor relations. She previously served as Vice President at InnoVen Capital and worked in the risk assurance practice at Haribhakti & Co., where she handled due diligence, internal and concurrent audits, and process reviews. She holds a Master's in Commerce from Mumbai University.

Moxwi Jain· Senior Associate· Menlo Park, California, United Statesin

Moxwi Jain is a Senior Associate on the transactions team at Alteria Capital, where she supports origination, due diligence, credit underwriting, and closing of debt transactions, as well as portfolio monitoring and early engagement with startups. She previously worked on the core investments team at Getvantage, a revenue-based financing platform, handling deal sourcing, credit evaluation, and due diligence, and earlier held a role at an investment banking and wealth management firm. She holds a BFM from Mumbai University and is a CFA Level 3 candidate.

Pallavi Bagdi· Assistant Manager· Mumbai, Maharashtra, Indiain

Pallavi Bagdi is Assistant Manager at Alteria Capital, where her work covers compliance, legal, finance, operations, and investor relations. Before joining the firm she interned at Vistra, assisting with legal and regulatory compliance for debentures, alternative investment funds, and related SEBI regulations. She is a qualified Company Secretary and holds a Bachelor's in Law from ILS Law College, Pune.

Pinal Gohil· Assistant Manager Finance· Mumbai, Maharashtra, Indiain

Pinal Gohil is Assistant Manager Finance at Alteria Capital, where she handles treasury, investor relations, operations and finance. She previously worked in finance at GetVantage, a revenue-based financing platform, and before that at Neomile Capital, where she managed accounts, taxation and book finalization. She is an electrical engineer by qualification.

Pulkit Bajaj· Associate· Mumbai, Maharashtra, Indiain

Pulkit Bajaj is an Associate at Alteria Capital, focusing on deal origination, credit underwriting, deal closure, and portfolio monitoring. He previously worked as a Senior Manager in Investment Banking at Polestar Capital Advisory, handling listed debt, special situations, distressed assets, and leveraged finance, and earlier was part of the Global Clients Group at ICICI Bank. He is a Chartered Accountant, has cleared all three levels of the CFA Program, and holds a B.Com from H.R. College, Mumbai.

Richa Phirke· Associate· New York, New York, United Statesin

Richa Phirke is an Associate at Alteria Capital, where she works with the deal team on due diligence, deal closure, and portfolio monitoring. She previously worked at Quest Profin Advisors, a Mumbai-based boutique investment bank, handling financial due diligence and client-investor coordination, and earlier at BDO India, where she worked on valuation of PE and VC portfolio companies and supported transactions such as demergers and fundraises. She holds a B.Sc. in Finance from NMIMS University, Mumbai.

Rohit Kanodia· Vice President· Maharashtra, Indiain

Rohit Kanodia is a Vice President on the investment team at Alteria Capital. He previously served as a Principal at ValuAble Partners, where he led the venture debt investment team, and as an Associate Director at Northern Arc Capital on the deal origination team covering sectors including consumer, logistics, fleet management, and climate tech. Earlier in his career he worked in KPMG's financial due diligence team focused on startups and tech-driven businesses. He is a Chartered Accountant and holds a BCom from H.R. College, Mumbai.

Salil Chadha· Investment Associate· Mumbai, Maharashtra, Indiain

Salil Chadha is an Investment Associate at Alteria Capital, working on deal origination, evaluation, and portfolio management with a focus on early-stage consumer companies. He was previously a Senior Associate in EY's financial due diligence team, advising private equity and strategic investors on M&A across consumer, FMCG, and manufacturing sectors, and completed his CA apprenticeship at PwC in the Assurance practice. He is a Chartered Accountant and has passed all three levels of the CFA program, with a B.Com from St. Xavier's College, Kolkata.

Shailesh Kumar· Associate Vice President· Kolkata, West Bengal, Indiain

Shailesh Kumar is an Associate Vice President at Alteria Capital. Before joining the firm, he worked as an Incubation Analyst with Villgro Innovations Foundation on the Government Initiatives team, managing accelerator programs, incubation, and investments into portfolio startups, and he previously held research roles in the social impact space. He holds an engineering degree and a postgraduate qualification in economics.

Sunny Mehta· Assistant Manager – Finance & Credit Operations

Sunny Mehta is an Assistant Manager for Finance & Credit Operations at Alteria Capital, focusing on finance analytics, credit operations, and performance monitoring. Before Alteria, he held fintech and wealth management roles at Jiraaf, Motilal Oswal Wealth Limited, and Klub Works, working on financial analysis, reporting, and investment evaluation. He holds a Bachelor of Commerce (Honours) in Finance and Management Accounting from Sri Sathya Sai Institute of Higher Learning and is pursuing the ACCA qualification.

Yash Jain· Senior Vice President· United Statesin

Yash Jain is a Senior Vice President on the investments team at Alteria Capital, with more than ten years of career experience and involvement in venture lending since 2019, covering venture debt and select equity investments. He previously worked on the investment team at InnoVen Capital India (formerly SVB India Finance) and earlier at the Edelweiss Distressed Fund and Edelweiss Asset Reconstruction Company in Mumbai on structured credit transactions. He holds a Bachelor's degree in Commerce from Narsee Monjee College, Mumbai, and is a Qualified Chartered Accountant.

Darsh Jain· Vice President· Mumbai, Maharashtra, Indiain

Darsh Jain is a Vice President on the investment team at Alteria Capital, where his work covers deal origination, due diligence, credit underwriting, disbursement, and portfolio monitoring. Before Alteria, he was a valuation specialist at Deloitte Financial Advisory, handling business valuation and purchase price allocation work for Canadian and South African clients. He is a Chartered Accountant and holds a B.Com from K.C. College, Mumbai.

darsh@alteriacapital.com

Jasdeep Bhatia· Senior Vice President

jasdeep@alteriacapital.com

Mihika Johorey· Senior Associate

mihika@alteriacapital.com

Richika Shah· Senior Associatein

richika@alteriacapital.com

Sakshi Chandaliya· Senior Associate

sakshi@alteriacapital.com

What they invest in

from 76 of 90 portfolio companies

Consumer ×23Fintech ×16E-commerce ×15SaaS ×14B2B Marketplaces ×11Mobility & Transportation ×10AI & Machine Learning ×9Direct to Consumer ×9

HQs:India×56United States×8Indonesia×1Japan×1Saudi Arabia×1

Who they back

founder profiles across 35 portfolio companies

23%

solo founders

8 of 35 mapped founding teams

40%

repeat founders

of 48 founders with career history

Founding team size:solo founder×82 founders×163 founders×64+ founders×5

Where their founders studiedfrom 45 founders with education data

Indian Institute of Technology, Delhi ×7Delhi University ×3Stanford University ×3Symbiosis Institute of Management Studies ×3University of Mumbai ×3Birla Institute of Technology and Science, Pilani ×2Indian Institute of Management Ahmedabad ×2Indian School of Business ×2

What their founders studiedfrom 43 founders with field-of-study data

Computer Science ×16Business & Management ×13Engineering ×12Finance & Accounting ×8Economics ×2Physics ×2

Where their founders worked beforefrom 48 founders with career history

Microsoft ×7Adobe ×2Flipkart ×2Iamwire ×2ICICI Bank ×2Urban Ladder ×2Zeta India ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×2

15 hold an MBA (of 50 with degree data)

Investments · 90 tracked

founders shown can be your intro path

By year:2026 · 15 2025 · 5 2024 · 6 2023 · 5 2022 · 5 2021 · 3 2020 · 2 2015 · 142 dated

Quest Diagnosticsquestdiagnostics.com 𝕏NYSE: DGXJul 2026

Quest Diagnostics is the world's leading provider of diagnostic information services, serving one in three adult Americans and half of US physicians and hospitals.

Digital HealthHealthtechMedical DevicesSecaucus, US

Paul A. Brown Jim Davis(Chairman, Chief Executive Officer and President)in

Co-investorsMutual Capital Partners

91 Squarefeet91squarefeet.com in 𝕏

91Squarefeet is a construction company for India that uses AI-driven technology and a digitized, integrated construction supply chain spanning fixture factories, material OEMs, engineering consultants, labour contractors, and architects.

AI & Machine LearningConstruction TechEnterprise SoftwarePropTech

Co-investorsBetatron Venture Group Bharat Founder's Fund Nurture Venture Partners Soma Capital

Adonmoadonmo.com in 𝕏

Adonmo operates an urban advertising network across India, reaching over 100 million people daily in more than 27 cities.

AdTechMarketing TechRetail TechIndia, IN

Sandeep Bommireddi(Founder)inSravanth Gajula(Founder)in

Co-investorsMyAsiaVC Astarc Ventures

Advantage Clubadvantageclub.ai in 𝕏

AdvantageClub.ai operates an employee engagement and rewards platform that provides corporates with client and employee benefits, perks, and rewards through a network of brand partners.

AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechSaaSWellness & FitnessGurugram, IN

Sourabh Deorah(Founder)in Smiti Bhatt Deorah(Founder)inGirish Bindal(CMO)

Co-investorsAxilor Ventures Beaconsfield Capital Broom Ventures Cathexis Ventures Eastlink Capital Partners Flucas Ventures +16 more

Aerem Solutions Pvt Ltdaerem.co in

Aerem is a "FinTech for CleanTech" group that runs a digital lending platform and B2B marketplace to finance and supply rooftop solar in India, serving businesses, homeowners, and solar EPC companies.

B2B MarketplacesCleantechEnergyFintech

Anand(CEO)inAditya Vikram Kejriwal(Founder)Anand Jain(Founder)Vikesh Agarwal(Founder)

Co-investorsIncubate Fund SE Ventures UTEC Avaana Capital Blume Ventures British International Investment +2 more

Agragaagraga.com inMay 2023 · $8.5M

Agraga provides cross-border B2B trade logistics services, combining technology with human expertise to offer real-time international logistics solutions.

B2B MarketplacesE-commerceLogistics & Supply Chain

Venkatesh N(Founder)in

Co-investorsIvyCap Ventures

Agro Staragrostar.in in 𝕏

AgroStar builds technology solutions for Indian farmers, combining agricultural inputs, crop care products, and farm implements with digital platforms and farmer-focused applications.

AgTechB2B MarketplacesData & InfrastructureIndia, IN

Shardul Sheth(Founder)inSitanshu Sheth(Founder)in

Partner Punit Shah· led

Co-investorsAavishkaar Venture Management Services Private Limited Accel Chiratae Ventures Evolvence India Fund Rabo Corporate Venturing Stride Ventures +1 more

Alphavectoroutdoors91.com in 𝕏

Outdoors91 manufactures and sells bicycles and fitness equipment in India, delivering 99% pre-assembled products directly to customers across 600+ cities.

Advanced ManufacturingConsumerE-commerceIndia, IN

Co-investorsAvaana Capital Titan Capital

Alt Mobilityalt-mobility.com in 𝕏

Alt Mobility provides electric vehicle leasing and asset management services for businesses and individuals in India.

CleantechClimate TechLogistics & Supply ChainMobility & Transportation

Dev Arora(Founder)in

Co-investorsBeyond Capital Ventures LVX Ventures NewRadioVenture PitchRight Ventures Sprint Vc Trifecta Capital Advisors +3 more

ApnaKlubapnaklub.com in

ApnaKlub is a B2B wholesale platform that supplies retailers, SMEs, and business owners in India's Tier 2 and Tier 3 cities with a wide range of branded products, offering better margins, on-time delivery, and customer support.

B2B MarketplacesE-commerceRetail TechIndia, IN

Shruti(Founder & CEO)Manish Kumar(Founder)in Gourav Das(Co-Founder & CPTO)in Ashutosh Kumar(Co-Founder & Growth Head)inShruti Aggarwal(Founder)

Co-investorsWhiteboard Capital Blume Ventures Flourish Ventures Tiger Global Management Peak XV Partners Surge

Apnamartapnamart.in

Abhishek Singh(Founder)inChetan Garg(Founder)Chetan Kumar Garg(Founder)

Co-investors2am VC Accel Peak XV Partners Stride Ventures

Arzoooarzooo.com in 𝕏

Arzooo, operated by Moksha Retails Global Private Limited, runs a B2B commerce platform for electronics and consumer durables in India, connecting retailers with competitive pricing, product selection, and delivery.

B2B MarketplacesE-commerceFintechRetail TechSaaSBengaluru, IN

Khushnud Khan(Founder)Rishi Raj Rathore(Founder)

Co-investors3Lines Venture Capital VU Venture Partners Celesta Capital SBI Holdings SBI Investment Trifecta Capital Advisors

Astranovaastranova.world 𝕏Apr 2026

Astra Nova is a gaming ecosystem built around an AI-powered universe featuring products including a free-to-play Action RPG with AI NPCs built in Unreal Engine 5, interactive webcomics (NovaToon), a SocialFi loyalty platform (BlackPass), and a Telegram PVP game.

AI & Machine LearningCrypto & Web3Gaming

Faizy Ahmed(Founder)

Co-investorsBrinc Advantedge Founders IvyCap Ventures Trucks VC

Atheratherenergy.com

Swapnil Jain(Founder)inTarun Mehta(Founder)Tarun Mehta Swapnil Jain(Founder)

Co-investorsInnoVen Capital Stride Ventures Scale Venture Partners

Autoverseautoversemobility.in

Autoverse Mobility is a digital distributor of auto parts for garage owners and vendors in India, offering online ordering, same-day delivery, and customer support through its e-commerce platform.

B2B MarketplacesE-commerceLogistics & Supply Chain

Mihir Mohan(Founder)in

Co-investorsExfinity Ventures White Star Capital

Avail𝕏

Ola Money is a financial services platform offering postpaid payment services and credit products for ride-hailing customers in India.

FintechMobility & TransportationMumbai, IN

Axioaxio.co.in in 𝕏

Axio offers personal finance management tools and pay-later credit solutions, providing instant credit at checkout with minimal documentation.

FintechIndia, IN

Gaurav Hinduja(Founder)inSashank Rishyasringa(Founder)

Co-investorsElevation Capital Peak XV Partners Ribbit Capital

Ayekartayekart.com in

Ayekart is a full-stack agri-tech platform serving India's agri-food value chain, connecting farmer groups, processing partners, and retail outlets from sourcing to distribution.

AgTechB2B MarketplacesFoodTech

Co-investorsSprint Vc Omnivore Siana Capital Management

Ayu Healthayu.health

Arjit Gupta(Founder)in Karan Gupta(Founder)in

Co-investorsStellaris Venture Advisors 2 Llp Vertex Ventures Sea Management Pte. Ltd.Fundamentum

Baaz Bikesbaaz.bike in 𝕏

Baaz Bikes manufactures electric scooters and swappable batteries for gig workers and last-mile delivery services in India.

EnergyHardwareMobility & TransportationDelhi, IN

Anubhav Sharma in

Co-investorsKalaari Capital Rakuten Capital Advantedge Founders Trifecta Capital Advisors

Baker’s Dozenthebakersdozen.in in

A bakery company that produces handmade dark chocolate cookies made with real butter and premium dark chocolate, sold directly to consumers.

ConsumerDirect to ConsumerFoodTech

Chef Aditi Handa(Founder & Executive Chef)Sneh Jain in

Co-investorsShe Capital

BeatObeatoapp.com in 𝕏

Beato is a digital health platform for managing diabetes and weight loss, serving patients through connected devices, coaching, and medical oversight.

Digital HealthHealthtech

Gautam Chopra(Founder)in

Co-investorsFlipkart Ventures HealthQuad Leo Capital Ventures W Health Ventures Gp Llc Blume Ventures Leo Capital +1 more

Believebelieve.sgApr 2022 · $55M

Global Singapore-based FMCG conglomerate providing market-ready consumer and personal care products designed for diverse cultural needs.

Jeddah, SA

Co-investorsCapria Ventures Genesis Alternative Ventures Jungle Ventures Wamda Capital Accel Venturi Partners Pte. Ltd.

Better placebetterplace.co.in in 𝕏

BetterPlace builds workforce management tools focused on frontline and gig workers such as delivery riders, factory workers, and security guards, connecting these workers with enterprises.

AI & Machine LearningFuture of WorkHR TechSaaSBengaluru, IN

Pravin Agarwala(Co-founder)in Saurabh Tandon(Co-founder)in

Co-investorsJungle Ventures 3one4 Capital British International Investment Capria Ventures Realize Impact UTokyo Innovation Platform Co. Ltd.

Beyond Appliancesbeyondappliances.in in

Beyond Appliances is an Indian direct-to-consumer brand selling kitchen appliances such as gas hobs, cooktops, and chimneys with features like smart timers and app connectivity.

ConsumerDirect to ConsumerHardware

Midurbha Kukrety(Founder)inEshwar K Vikas(Founder)Rakesh Patel(Founder)

Co-investorsFireside Ventures Advisory Llp Stride Ventures

Beyond Oddsemversity.com in 𝕏Apr 2024 · $11M

Emversity partners with existing universities in India to embed an industry layer into their programmes, including employer-designed curriculum, skill labs, clinical and hotel training, and guaranteed internships, so students graduate job-ready.

EdTechFuture of WorkHR TechBengaluru, IN

Vivek Sinha(Founder)in

Co-investorsLightspeed India Partners Lightspeed Venture Partners InnoVen Capital Matrix Premji Invest Z47

BharatAgribharatagri.com in 𝕏

BharatAgri operates a farming technology platform that works directly with farmers, providing scientific crop guidance, timely information, and regular monitoring to help improve yields.

AgTechE-commerceSaaS

Sai Gole(Founder)in Siddharth Dialani(Founder)in

Co-investorsArkam Ventures Better Capital India Quotient Rajul Sandeep Jhaveri Sprint Vc Capria Ventures +1 more

Bharatpebharatpe.com in 𝕏

BharatPe is an Indian financial services and UPI payments platform serving merchants with QR-based scan-and-pay, utility and credit card bill payments, gift vouchers, and business loans.

E-commerceFintechRetail TechSaaSIndia, IN

Ashneer Grover(Founder)in Bhavik Koladiya(Founder)inShashvat Nakrani(Founder)

Partner Vinod Murali· led

Co-investorsAmplo Ventures Coatue Management Insight Partners Peak XV Partners Rogue Insight Capital Trifecta Capital Advisors +3 more

Bidsobidso.com in

Bidso is a product development and manufacturing partner that combines industrial design, engineering, and production processes such as injection moulding, powder coating, laser cutting, blow moulding, and robotic welding.

Advanced ManufacturingConsumerHardwareBengaluru, IN

Ashwin Jain(Founder)in Rahul Agarwal(Founder)in Vivek Singhal(Founder)in

Co-investorsBlume Ventures DeVC

Bijakbijak.in in

Bijak is a B2B agricultural commodities marketplace in India, publishing content on crop prices, procurement, and produce for participants in the agri trade.

AgTechB2B MarketplacesFoodTechSector Agnostic

Nukul Upadhye(Founder)in Jitender Bedwal(Founder)in

Co-investorsBetter Capital RTP Global Omidyar Network Omidyar Network India Omnivore Peak XV Partners

Bira 91bira91.com

Ankur Jain(Founder)

Co-investorsAnicut Capital Sharrp Ventures Trifecta Capital Advisors Sixth Sense Ventures

Biryani Bluesbiryaniblues.com in 𝕏

Biryani Blues (Thea Kitchen Private Limited) is a quick-service restaurant chain in India serving Hyderabadi dum-style biryani, packaged in earthen handis.

ConsumerFoodTechMarketplacesHyderabad, IN

Raymond Andrews(Co-founder)in Aparna Andrews(Co-founder)in

Co-investorsAnicut Capital

Blitzrideblitz.com in 𝕏

Blitz provides white-label express and last-mile logistics services using an all-electric vehicle fleet, letting businesses run deliveries under their own brand with customizable SLAs, live tracking, and cash-on-delivery support.

CleantechLogistics & Supply ChainMobility & Transportation

Saivya Chauhan 🛵📦⚡️(Founder)in

Co-investorsADB Ventures ITERATIVE Vynn Capital Better Capital First Cheque India Quotient +2 more

Blitzblitznow.in in

Blitz provides fulfillment and delivery software that forecasts demand and optimizes inventory placement across locations, and offers pre-checkout delivery-timeline display and post-checkout order tracking for online retailers.

E-commerceLogistics & Supply ChainSaaS

Yash Sharma(Founder)in

Co-investorsBetter Capital Capria Ventures First Cheque India Quotient Connecticut Innovations Inspired Capital +3 more

Blitzblitz.gg 𝕏Nov 2024

Blitz provides real-time performance insights and learning tools to help gamers of any skill level improve their play through automated guidance and meta-aware recommendations.

ConsumerGamingSaaS

Co-investorsCrosscut Ventures ADB Ventures BANSEA Better Capital First Cheque India Quotient +3 more

Bluestonebluestone.com 𝕏

BlueStone is an omnichannel jewellery retailer selling certified fine jewellery such as rings, earrings, pendants, mangalsutras, bangles, and engagement rings online and through stores.

ConsumerDirect to ConsumerE-commerce

Gaurav Singh Kushwaha(Founder)inGaurav Singh Kushwaha in(Founder)Sudeep Nagar(Founder)Vidya Nataraj(Founder)

Co-investorsAccel BlackSoil India Foundation Fund Series I (A Scheme Of Multiply Ventures India Info Edge Ventures Iron Pillar IvyCap Ventures +4 more

Caret Capitalcaretcapital.in in

Caret Capital is a sustainability-focused thematic venture capital fund that invests in seed to Series A startups across distribution and supply chain, jobs and workforce, and smart mobility sectors in India.

Impact & Social GoodLogistics & Supply ChainMobility & Transportation

Co-investorsLumis Partners

Country Delightcountrydelight.inOct 2024

Country Delight is a fresh food delivery service that offers over 3000 products with next-day morning delivery in India.

E-commerceFoodTechLogistics & Supply Chain

Nitin Kaushal(Founder)inChakradhar Gade(Founder)

Co-investorsElevation Capital Rajul Sandeep Jhaveri Spring Marketing Capital Trifecta Capital Advisors Z47 Temasek +1 more

Crediliocredilio.in inApr 2026

Credilio is an authorized distributor for 25+ banks and NBFCs that offers fixed-deposit-backed RuPay credit cards and personal loans to consumers in India, including instant virtual credit cards requiring no credit score or income proof.

ConsumerFintechMumbai, IN

Co-investorsExfinity Ventures Cornerstone Ventures InnoVen Capital Roots Ventures

Dailyhuntdailyhunt.in

Dailyhunt is a content aggregation platform that delivers news and articles from multiple publishers to consumers, with a focus on the Indian market and regional-language content.

ConsumerMedia & Entertainment

Virendra Gupta(Founder)in Umang Bedi(Founder)inBapu Kotain

Co-investorsAlpha Wave Global B Capital Group B4 Capital Epiq Capital Investment Advisory LLP Orios Venture Partners Peak XV Partners +3 more

Damenschdamensch.com in 𝕏Feb 2022 · $16.4M

DaMENSCH is a men's essentials brand that designs and sells underwear, shapewear, vests, loungewear, and outerwear engineered with smart fabrics optimized for Indian weather.

ConsumerDirect to ConsumerBengaluru, IN

Gaurav Pushkar(Founder)inAnurag Saboo(Founder)in

Co-investorsSaama Capital Whiteboard Capital Z47 A91 Partners Matrix

Dil Foodsdilfoods.in inMay 2026 · $7.5M

Bengaluru-based operator of virtual restaurant brands that partners with existing kitchens to cook and deliver regional Indian food.

Co-investorsMount Judi Ventures V3 Ventures

EarlySalaryearlysalary.in

EarlySalary Services Private Limited (ESPL) is a Non-Banking Financial Company registered with the Reserve Bank of India that offers digital lending services in India.

Fintech

Akshay Mehrotra(Director)in Ashish Goyal(Managing Director)inVimal Saboo(Chief Executive Officer (CEO))inAmit Nosina(Chief Operating Officer (COO))Mohit Sharma(Chief Risk Officer (CRO))inAmit Saraf(Chief Financial Officer (CFO))in

Elevateelevate.aiJul 2026 · $17.7M

Elevate provides an AI-powered platform that automates the administration of health and benefit accounts such as HSAs, FSAs, and HRAs, handling claims, reimbursements, funding flows, and plan renewals.

FintechHealthtechSaaS

Co-investorsFin Capital Titan Capital W Health Ventures Gp Llc WestBridge Capital

Elevateelevatemovement.com inJul 2026 · $17.7M

Elevate designs and manufactures healthcare products focused on movement and physical health.

HardwareHealthtechMedical DevicesNew Materials

Kelly McGee(VP Product)

Co-investorsBeyond Capital WestBridge Capital

Energetica Indiaenergetica-india.net 𝕏Mar 2026

Omnimedia Group is an international publishing company specializing in technical magazines for energy, construction, tourism, pharmaceutical and life sciences industries.

EnergyMedia & EntertainmentNew Delhi, IN

Co-investorsTheia Ventures BlackSoil Blume Ventures Elevation Capital InnoVen Capital Lightspeed Venture Partners +6 more

Entropikentropik.io in

Entropik provides an Emotion AI platform that analyzes facial expressions, voice, gaze, and attention to uncover behavioral and emotional insights for product and marketing decisions.

AdTechAI & Machine LearningConsumerMarketing TechSaaS

Bharat Singh Shekhawat(Co-founder and Head of Engineering)inLava Kumar(Decode Platform Lead)in

Co-investorsAlpha Wave Global Bessemer Venture Partners Pavestone Trifecta Capital Advisors Inflexor Ventures

Euler Motorseulermotors.com in 𝕏

Euler Motors offers commercial vehicle products and a tool to help fleet operators calculate profitability.

Mobility & Transportation

Saurav Kumar(Founder)in

Co-investorsADB Ventures Athera Venture Partners Jetty Ventures BlackSoil Blume Ventures Lightrock

Fundlyfundly.ai in 𝕏Sep 2026 · $4M

Fundly.ai operates a fintech platform combining commerce, payments and working-capital credit for pharmaceutical retailers, distributors and brands in India.

B2B MarketplacesFintechHealthtech

Amit Kumar Chawla(Founder)in

Co-investorsAccel India Foundation Fund Series I (A Scheme Of Multiply Ventures India Peterson Ventures

Genericogenerico.inJul 2015

BiotechSt. Louis, US

Shu Zhu(Executive Officer, Director)Thomas Brya(Executive Officer, Director)Michael Grimshaw(Executive Officer, Director)Philip Vogt(Executive Officer, Director)

BoardDan Broderick(Director)

Co-investorsLightbox LIGHTBOX VENTURES Whiteboard Capital

Givagiva.coOct 2024

GIVA is an online jewelry retailer selling silver and other jewelry pieces such as rings, pendants, and accessories directly to consumers, with prices listed in Indian rupees.

ConsumerDirect to ConsumerE-commerce

Co-investorsAditya Birla Ventures All In Capital Epiq Capital Investment Advisory LLP First Cheque India Quotient Kenro Capital +8 more

Haberhaberwater.com in 𝕏

Haber develops AI-powered platforms and intelligent automation solutions for manufacturers to optimize production, reduce waste, and improve operational efficiency.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareIoTPune, IN

Anjunan PN(Founder)Arjunan P N(Founder)Priya Venkat(Founder)Vipin Raghavan(Founder)

Co-investorsAccel Elevation Capital Accel India BEENEXT

Inc42 Mediainc42.com in 𝕏

Inc42 is an Indian startup-focused media and education company that runs hands-on training programs for founders, including courses on direct-to-consumer brand building and startup management.

EdTechFuture of WorkMedia & Entertainment

Vaibhav Vardhan(Founder)in Pooja Sareen(Founder)inUtkarsh Agarwal(Founder)in

Co-investorsAlkemi Growth Capital Arkam Ventures Colossa Ventures Courtside Ventures Golden Sparrow Ventures, Llc GSF Accelerator +11 more

Infra Marketinfra.market

Souvik Sengupta(Founder)inAaditya Sharda(Founder)

Co-investorsAccel Alexander Geza Marcus Pejacsevich Evolvence India Fund Foundamental Mars Growth Capital Nexus Venture Partners

Jupiterjupiter.money 𝕏

Jupiter is a digital-first money management platform for Indians that provides financial wellness tools for tracking, saving, and investing.

ConsumerFintechSaaS

Jitendra Gupta(Founder)inVirender SinghAvinash K CDhawan MAravind SheshaKeara Bakshi

Co-investorsBetter Capital Hummingbird Ventures Peak XV Partners QED Investors Rainmatter Tanglin Venture Partners +9 more

Kazamkazam.in in 𝕏Aug 2024 · $8M

Kazam builds infrastructure systems that connect energy, technology, and operations to support the shift to electric mobility.

CleantechEnergyMobility & TransportationBengaluru, IN

Paras Shah(Founder)inAkshay Shekhar(Founder)Vaibhav Tyagi(Founder)

Co-investorsAvaana Capital LVX Ventures Vertex Ventures Sea Management Pte. Ltd.We Founder Circle Global Angels Fund International Finance Corporation IPV +3 more

Maniv Mobilitymaniv.com in 𝕏Aug 2026

Maniv is a venture capital firm focused on mobility, investing in companies across transportation, automotive, and logistics, including energy transition, new vehicle platforms, and the digitization of physical industry.

Mobility & Transportation

Olaf Sakkers(Founder)

Co-investorsAlliance Ventures Beyond1435 GmbH Deutsche Bahn Digital Ventures Anicut Capital Claypond Capital Elev8 Venture Partners +5 more

Melorramelorra.com in 𝕏Sep 2020 · $12.5M

Melorra designs contemporary jewellery inspired by global fashion runways, created for everyday wear rather than special occasions.

ConsumerDirect to ConsumerE-commerceIndia, IN

Saroja Yeramilli(Founder & Promoter)in

Co-investorsLIGHTBOX VENTURES Dholakia Ventures Lightbox Sprint Vc Symphony International Holdings Venture Catalysts

MFinemfine.co in 𝕏Sep 2021 · $48M

MFine provides an app-based corporate healthcare platform offering doctor consultations, diagnostic tests, and OPD benefits, with wallet-based cashless spending.

Digital HealthHealthtechSaaSBengaluru, IN

Ashutosh Lawania(Founder)inPrasad Kompalli(Founder)

Co-investorsSBI Ven Capital Stellaris Venture Advisors 2 Llp BEENEXT BEENOS Prime Venture Partners

Milojoinmilo.com 𝕏Jul 2026Defunct

Milo is an AI assistant that helps parents manage daily family tasks through text message conversations, combining large language models with human oversight to handle logistical and organizational work.

AI & Machine LearningConsumerSan Francisco, US

Avni Patel Thompson(CEO)inNik Swain(Full Stack Engineer)Archa Jain(CTO)

Co-investorsBronze Investments M13 Y Combinator Antler Bessemer Venture Partners Combine +4 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

BeloraClover Ventures Fundamentum

Exits · 3

2 IPOs · 1 acquisitions · showing 1

Quest DiagnosticsNYSE: DGX

Portfolio news

latest coverage across their companies

Spinny Max: Warranty as a Trust-Building Mechanism in India's Used-Luxury-Car Market

Spinny · markhub24.com · Sep 15, 2026

Fundly.ai Raises $4M Pre-Series A

Fundly · thesaasnews.com · Sep 9, 2026

Startup Deep Dive : Damensch — Rs 118 crore in revenue, Rs 57 crore in losses, and a flat Rs 600 crore valuation - The Invincible India

Damensch · theinvincibleindia.in · Aug 24, 2026

Skincare startup Asaya bags Rs 88 Cr in Series A round | Dailyhunt

Dailyhunt · m.dailyhunt.in · Aug 24, 2026

Helionis Labs Raises Pre-Seed Funding from Transition VC to Advance Thermal Management Technology - Asia Pacific | Energetica India Magazine

Energetica India · energetica-india.net · Jun 9, 2026

Dil Foods raises Rs 72 Cr in Series B round | YourStory

Dil Foods · yourstory.com · May 12, 2026

Yourstory

Showroom · yourstory.com · Feb 11, 2026

Yourstory

Agraga · yourstory.com · Nov 20, 2025

Frequently asked questions

How many investments has Alteria Capital made?: Alteria Capital has 90 tracked investments, 3 of which have exited, including 24 dated in the last 24 months.
What stage does Alteria Capital invest at?: Alteria Capital invests at the Series A, Series B, Series C, Growth stages.
What sectors does Alteria Capital focus on?: Alteria Capital focuses on Consumer, EdTech, Fintech, FoodTech, Healthtech, Mobility & Transportation, SaaS, Sector Agnostic.
Where is Alteria Capital located?: Alteria Capital is headquartered in Mumbai, IN.
Who does Alteria Capital co-invest with?: Alteria Capital most often shares deals with Peak XV Partners, Trifecta Capital Advisors, Accel, among 130 tracked co-investors.

Media · Podcasts & interviews

featuring the team

What is Venture Debt ft Vinod Murali from Alteria Capital I How VCs Think EP 3

Rainmatter by Zerodha · Vinod Murali

The state of Venture Debt Market Vinod Murali Alteria Capital

Alteria Capital · Vinod Murali

Alteria Capital’s Vinod Murali on How Venture Debt in India is Slated for Growth

Alteria Capital · Vinod Murali

Grandfather of Venture Debt Ft. Ankit Agarwal-Managing Partner at Alteria Capital

GoVenture By Spotify India · Ankit Agarwal

The state of Venture Debt Market | Vinod Murali | Alteria Capital

Entrepreneur India · Vinod Murali

Ankit Agarwal Of Alteria Capital Speaks On Startups Making A Beeline To Enter Dalal Street

CNBC-TV18 · Ankit Agarwal

Similar investors

Goodwater Capital

Goodwater Capital is a consumer technology investment firm backing entrepreneurs building products across financial services, retail, healthcare, education, housing, transportation, and ecommerce globally.

$5M – $50M

Target Global

Target Global is a technology investment firm focused on empowering growth by backing transformational technology and ambitious entrepreneurs.

AppWorks Ventures

AppWorks is a Taiwan-based venture capital firm and accelerator founded by former founders, backing tech startups across Greater Southeast Asia since 2009.

$200K – $15M

Oltre Impact

Oltre Impact is Italy's first impact investment fund, investing in innovative companies that address major social and environmental challenges aligned with the UN SDGs.

$2.2M – $8.6M

INP Capital

INP Capital is a global investment firm that invests across the full company life cycle, from early stage to pre-IPO, seeking to identify and back emerging technology companies as they scale toward unicorn status.

Featured in lists

Series A Investors & VC Firms Fintech Investors & VC Firms Growth Investors & VC Firms SaaS Investors & VC Firms Healthtech Investors & VC Firms Investors & VC Firms in Asia-Pacific Consumer Investors & VC Firms Series B Investors & VC Firms SaaS Series A Investors & VC Firms Fintech Series A Investors & VC Firms Healthtech Series A Investors & VC Firms Series A Investors & VC Firms in Asia-Pacific