Fundraising Fox

Ankur Capital

Venture capital

Mumbai · Pre-Seed–Series A · 12 people tracked

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Investment thesis

Ankur Capital positions capital as only one part of what it offers, emphasizing hands-on support to founders at every stage — helping refine product strategy, make key hires, and connect with customers, researchers, corporates, and global investors. The firm draws on a network of experienced founders, operators, research institutions, and ecosystem partners across India and worldwide, and leverages initiatives such as ThinkAg and the Deep Science Forum to link portfolio companies to the broader innovation ecosystem. Its stated aim is to help founders build enduring, globally significant companies, with the team drawing on its own company-building experience.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$275K – $15M
HQ
Mumbai, NY, IN
Leads rounds
Follows
Instruments
Equity
Founded
2012
AUM
$60M
Tracked investments
41

Team · 12 people

from the firm's website & public directories

What they invest in

from 3 of 41 portfolio companies

Advanced Manufacturing ×1AI & Machine Learning ×1Biotech ×1Digital Health ×1Energy ×1FoodTech ×1Healthtech ×1Medical Devices ×1

HQs:United States×2India×1

Investments · 41 tracked

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Agrizyagrizy.in
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HealthSutra produces food products from ancient millets including jowar, bajra, and ragi in modern formats for health-conscious families.

FoodTechWellness & FitnessIndia, IN

BigHaatbighaat.com
Captain Freshcaptainfresh.in
Carmel Organics
Cropincropin.comin𝕏
Deep Techvimano.bizMay 2025

Vimano develops adaptable membranes and components for electrochemical devices and systems, targeting energy generators, distributors, and consumers.

Advanced ManufacturingEnergyNew MaterialsPearland, US

Murari Ramkumar(Murari Ramkumar is Chief Executive Officer and Director.)Nagesh Sanjeeva Kini(Nagesh S. Kini is Chief Technology Officer and Director.)Murari R(Founder & CEO)Ramkumar Ganesan(Head of Corporate Affairs)

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ESGwebsite-files.com
Green Fernsportvot.com
Healthsutra
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Josh Talks
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Mycaptain
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Numennumen.comin𝕏

Numen develops at-home cancer diagnostics and health data collection infrastructure using machine learning models to enable earlier intervention and improve patient outcomes.

AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesSan Francisco, US

Luca Springer(Founder)inThomas Carroll(Founder)in

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Frequently asked questions

What stage does Ankur Capital invest at?
Ankur Capital invests at the Pre-Seed, Seed, Series A stages.
What is Ankur Capital's typical check size?
Ankur Capital typically writes checks of $275K – $15M.
What sectors does Ankur Capital focus on?
Ankur Capital focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Biotech, Climate Tech, Deep Tech, Energy, Enterprise Software, Fintech, Healthtech, New Materials, Quantum Computing, Robotics, Semiconductors.
Where is Ankur Capital located?
Ankur Capital is headquartered in Mumbai, IN.
Does Ankur Capital lead rounds?
Ankur Capital typically participates in rounds rather than leading them.

From the blog

visit blog ↗

Ankur Capital has written about venture diligence practices and India's semiconductor ecosystem. Recent posts examine how founders should prepare for investment closes, India's expanding semiconductor opportunity beyond fabs through fabless design and manufacturing support, and the industry's shift toward full-stack ecosystem development under ISM 2.0. AI summary

Media · Podcasts & interviews

featuring the team

Ankur Capital's Ritu Verma on Investing in India's Deep Science Revolution

Founder Thesis with Akshay Datt · Ritu Verma

Why did they invest in Josh Talks || Ft. Ritu Verma, co-founder & Managing Partner at Ankur Capital

Radically Yours by Radhika · Ritu Verma

What do Investors expect in a Pitch? Ft. Ritu Verma, co-founder & Managing Partner at Ankur Capital

Radically Yours by Radhika · Ritu Verma

Ritu Verma, co-founder & managing partner at Ankur Capital, on #catalyticcapital

macfound · Ritu Verma · youtube.com

Investing in the next billion | Ritu Verma (Co Founder & Managing Partner, Ankur Capital)

The Startup Operator · Ritu Verma

Rema Subramanian, Co Founder, Ankur Capital Fund at the Impact Future Project (IFP) | Aspire Impact

Aspire Impact · Rema Subramanian

Images

Ankur Capital photo

Co-investors · 8

Better Capital

Better Capital is an early-stage investor in India that backs mission-driven founders solving hard problems, providing first cheques along with hands-on mentorship and network support.

Both backed · 3
JoshRupifiVegrow
$5K – $100K
Z47 (formerly Matrix Partners India)

Z47 invests in early-stage companies operating in Indian consumer and enterprise sectors. The firm was previously known as Matrix Partners India.

Both backed · 2
Captain FreshVegrow
$1.2M – $40M
Bessemer Venture Partners

Bessemer Venture Partners is a venture capital firm that partners with entrepreneurs from early stages through every stage of growth, publishing investment roadmaps across multiple technology sectors.

Both backed · 1
Rupifi
$5M – $100M
Accel

Accel is a venture capital firm that partners with exceptional founding teams, positioning itself as a first partner to startups globally.

Both backed · 1
Captain Fresh
$1.6M – $70M
Quona Capital

Quona Capital is a venture capital firm that invests in fintech companies expanding financial access in emerging markets across Latin America, India, Southeast Asia, and EMEA.

Both backed · 1
Rupifi
$5M
Tiger Global Management

Tiger Global is a research-driven investment firm that partners with innovative, high-quality companies over the long term across various stages of their lifecycle.

$1M – $100M
Lightspeed India Partners

Lightspeed India focuses on solving India-specific problems rather than copying U.S. or China playbooks, invests mostly at the seed and Series A stage but can offer much larger follow-on funding through its global platform, and writes checks from about $1 million to $100 million across India and Southeast Asia using the same fund. The firm also provides dedicated in-house support in areas like talent, leadership, and M&A, has added experienced operators such as former Boat CEO Vivek Gambhir and Gojek cofounder Kevin Aluwi as venture partners, prefers secondary share sales over IPOs as its main way of returning capital, and sees India's biggest AI opportunity in application-layer tools and upgrading IT and BPO work rather than building foundational AI infrastructure.

Seventure Partners

Seventure Partners is a European venture capital firm investing across life sciences, digital technologies, sport and performance, and the blue economy.

Firms observed investing alongside Ankur Capital, from public investor directories. Shared companies are the overlap with Ankur Capital's recorded portfolio.

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