Fundraising Fox

Ankur Capital

Venture capital

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

Fox Verdict
Sign up to see your fit

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
36

Team · 12 people

from the firm's website & public directories

What they invest in

from 26 of 36 portfolio companies

AgTech ×8AI & Machine Learning ×5Biotech ×5FoodTech ×5Healthtech ×5Deep Tech ×4Digital Health ×4Cleantech ×3

HQs:India×19United States×2Luxembourg×1

Who they back

founder profiles across 8 portfolio companies
63%
solo founders
5 of 8 mapped founding teams

Founding team size:solo founder×52 founders×23 founders×1

Investments · 36 tracked

founders shown can be your intro path
Myoworksmyoworks.inin✓ verified

Myoworks develops ancillary products for cultivated meat producers, including mycelium scaffolds, microcarriers, and cell lines that support lab cultivation of meat.

BiotechFoodTechNew MaterialsMumbai, IN

Shubhankar Takle(Co-Founder)

Agrizyagrizy.in

Vicky Dodani(Founder)in

Co-investorsAccionCapria Ventures

BigHaatbighaat.com

Co-investorsBeyond Next Ventures

Captain Freshcaptainfresh.inin

Captain Fresh is building a vertically integrated, multi-species global seafood platform that combines physical supply-chain infrastructure with consumer seafood brands.

B2B MarketplacesFoodTechLogistics & Supply Chain

Co-investorsAccelADB VenturesEvolvence India FundIncubate FundStride VenturesTrifecta Capital Advisors+5 more

Carmel Organicscarmelorganics.in𝕏

Carmel Organics supplies certified organic herbs and spices of Indian origin in whole, powdered, and tea-bag-cut forms, with packaging options including cardboard boxes, HDPE drums, and retail pouches.

AgTechE-commerceFoodTech

Co-investorsIIMA Ventures

CraftifAIcraftifai.comin𝕏

Co-investorsCapital-A

Cropincropin.comin𝕏

Cropin builds an agriculture cloud platform with an agentic AI layer (OrbitAI) that digitizes field operations, farmer engagement, and provides ML-ready data pipelines and analytics for food and agriculture companies.

AgTechAI & Machine LearningSaaSBengaluru, IN

Krishna Kumar(Founder)in

Co-investorsChiratae Ventures

D Nomednome.inin

D-Nome has developed D-LAMP, a nucleic acid amplification method that runs at 37 °C and therefore does not require a thermal cycler or comparable instrumentation.

BiotechHealthtechHyderabad, IN

Divya Sriram(CEO)inSujoy Deb(CTO)in

Co-investorsEntrepreneur First

ERC Eye Careerceyecare.comin

ERC Eye Care provides eye examinations, free community eye camps, cataract surgery, and prescription eyeglasses through a network of hub hospitals and portable diagnostic equipment.

Digital HealthHealthtechMedical DevicesGuwahati, IN

Co-investorsBeyond Capital

Health Sutrahealthsutra.in𝕏

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

FoodTechWellness & FitnessIndia, IN

Co-investorsHyderabad Angels

Ibisaibisa.networkin

IBISA operates a platform for running parametric insurance programmes, using satellite and ground data to monitor indices and automatically trigger payouts on-chain or via mobile money.

AgTechClimate TechFintechInsurTechLuxembourg, LU

Co-investorsADB VenturesEquator

Joshjoshtalks.comin𝕏

Josh Talks produces motivational content and stories featuring successful Indians in regional languages, and offers English-language learning with daily practice sessions, gamification, and a learner community.

Creator EconomyEdTechMedia & Entertainment

Co-investorsBetter CapitalMedia Development Investment FundThrive Capital

Karma Primary Healthcarekarmaprimaryhealthcare.in

Karma Primary Healthcare designs, builds and operates primary healthcare systems for underserved communities in India, pairing on-ground care delivery with an integrated digital health platform.

Digital HealthHealthtechImpact & Social Good

Krishifykrishify.comin𝕏

Krishify operates digital communities for farmers, providing agricultural advisories, access to farm inputs and services, and connections between farmers and produce buyers.

AgTechMarketplacesSocial

Co-investorsOmidyar Network IndiaOmnivoreOrios Venture Partners

MyCaptainmycaptain.inin𝕏

MyCaptain offers live, online cohort-based courses in digital marketing, content and copywriting, UI/UX design, and product skills.

EdTechFuture of Work

Rahil Shah(Co-founder)

NIRAMAI* Cancer Screeningniramai.comin𝕏

Niramai develops an AI-based, radiation-free thermal imaging medical device (Thermalytix, SMILE-100, and Mythri) for early detection of breast cancer, offering a low-cost, portable, non-invasive screening tool for use in clinics, hospitals, and outreach camps.

AI & Machine LearningDigital HealthHealthtechMedical Devices

Geetha Manjunath(Founder)in

BoardNidhi Mathur

Co-investors500 GlobalAxilor Venturespi Ventures

Numennumen.comin

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

Co-investorsTq Ventures LlcUrban InnovationY Combinator

Offgrid Energy Labsoffgridenergylabs.comin𝕏

Off Grid Energy Labs develops energy storage systems designed to capture surplus renewable power and dispatch it during peak demand periods.

CleantechClimate TechEnergyNoida, IN

Rishi Srivastava(Founder)

One Kiraanaonekiraana.com

OneKiraana enables local kiraana (neighborhood grocery) stores to build and sell their own brands in agro commodities rather than reselling others' brands.

AgTechE-commerceRetail Tech

Piatrikapiatrika.comin𝕏

Piatrika Biosystems offers CropGenie, a cloud-based Platform-as-a-Service for crop breeding that connects genomic discovery, field trial data capture, trait analytics, and product decision support.

AgTechAI & Machine LearningBiotech

Pranos Fusionpranosfusion.energyin

Pranos Fusion develops tokamak fusion technology, including plasma control software (JENGA), a low-aspect-ratio testbed tokamak (PRAGYA), and High-Temperature Superconducting (HTS) magnets, integrated into a small aspect-ratio tokamak reactor.

CleantechDeep TechEnergy

Co-investorspi Ventures

Projectheroprojecthero.in
Rupifirupifi.com

Bengaluru, IN

Jawaid Iqbal(Founder)Anubhav Jain(Founder)inAnkit Singh(Founder)in

Co-investorsBessemer Venture PartnersBetter CapitalQuona CapitalTrifecta Capital Advisors

Saswat Financesaswatfinance.com

Saswat Finance provides tailored lending, cattle and health insurance, and livelihood advisory services for farmers and micro-entrepreneurs in rural India, using an in-house technology platform for loan origination, underwriting, and collections.

AgTechFintechInsurTech

Co-investorsIncubate Fund

Skillveriskillveri.comin𝕏

Skillveri builds mixed reality and virtual reality training simulators with integrated haptics for teaching high-dexterity manual skills such as welding, spray painting, HVAC, and solar panel installation, and provides scorecard-based performance measurement.

Advanced ManufacturingEdTechHardware

SportVotsportvot.comin

SportVOT provides an end-to-end live sports production platform that captures, streams, and distributes games using mobile, video, or automated cameras, and generates player profiles, match highlights, and performance data.

Media & EntertainmentSaaSSports Tech

Yash Bhagwatkar(Founder)inShubhangi Gupta(Founder)in

Co-investorsAnicut CapitalSucSEED IndovationCapital-A

Stringbiostringbio.comin𝕏

String Bio develops products using a synthetic biology and gas fermentation platform combining chemistry, process engineering and fermentation, serving customers in nutrition, agriculture and personal care.

AgTechBiotechDeep Tech

Ezhil Subbian(Founder)in

Co-investorsRedstart Labs

Suma Agrosumaagro.com
Superfone Indiasuperfone.inin

Superfone is a business phone app that provides a shared virtual business number, letting an entire team make and receive calls from one number, with features like IVR, call transfer, auto call-recording, number masking, and CRM tools.

Enterprise SoftwareSaaSSales Tech

Co-investorsXeed Ventures

Tbh
Tessoltessol.inin𝕏

Tessol develops cold chain technology solutions for temperature-controlled storage and distribution, covering secondary and tertiary distribution vehicles, cold rooms, and home-delivery frozen boxes and bags.

CleantechFoodTechLogistics & Supply Chain

Co-investors1CrowdMalpani VenturesMela Ventures

Tobehonesttobehonest.in
Turiyamturiyam.aiin

Turiyam is building a full-stack compute platform for AI workloads, spanning chips, systems, and software, aimed at delivering low total cost of ownership.

AI & Machine LearningDeep TechSemiconductors

Vegrowvegrow.in

Kiran Naik Bhukya(Founder)inPraneeth Kumar(Founder)in

Co-investorsBetter CapitalElevation CapitalTrifecta Capital AdvisorsZ47

Vimanovimano.bizMay 2025 · $2.7M

Vimano develops nanotech polymer membranes made in India for applications including thermal management films for satellites, anion exchange membranes for hydrogen electrolysis and fuel cells, and membranes for flow batteries.

Advanced ManufacturingDeep TechEnergyNew MaterialsPearland, US

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

Co-investorsIIMA VenturesMomentum Capital

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Ankur Capital made?
Ankur Capital has 35 tracked investments, including 1 dated in the last 24 months.
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.
Who does Ankur Capital co-invest with?
Ankur Capital most often shares deals with Better Capital, Trifecta Capital Advisors, ADB Ventures, among 31 tracked co-investors.

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 India-focused early-stage venture investor backing startups across sectors including consumer, mobility, fintech, edtech, ecommerce and gaming.

Both backed · 3
JoshRupifiVegrow
$5K – $100K
Z47

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
$1.2M – $40M
Bessemer Venture Partners

Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.

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

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

Both backed · 1
$1.6M – $70M
Tiger Global Management

Tiger Global Management operates public equity strategies (long/short, long-focused and crossover) and a private equity business investing in early- through late-stage growth companies across new and existing industries.

Both backed · 1
$1M – $100M
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
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, founded in 1997 and a subsidiary of Natixis Investment Managers, investing in digital technologies and life sciences companies with strong growth potential.

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

Similar investors

Featured in lists