Fundamentum
Venture capitalGurugram · Series A–Growth · 4 people tracked
Investment thesis
Fundamentum backs ambitious founders building enduring technology companies out of India, both those addressing the surge in domestic consumption and globally-focused enterprises offering technology services and products beyond India. It targets large market opportunities and uniquely Indian problems, drawing on experience with trends like renewable energy, online travel and online retail. The firm prefers to invest after product-market fit is established and initial momentum exists, aiming to accelerate growth without disruption. It positions itself as Series B or Series C capital and can lead rounds of $10 million to $25 million.
Source: firm website, verified Aug 3, 2026.
Team · 4 people
from public directories
What they invest in
from 21 of 34 portfolio companiesFintech ×7SaaS ×7Marketplaces ×6E-commerce ×5AI & Machine Learning ×4B2B Marketplaces ×4Enterprise Software ×4Creator Economy ×3
HQs:India×14United States×3France×1
Who they back
founder profiles across 12 portfolio companiesFounding team size:solo founder×62 founders×33 founders×24+ founders×1
Where their founders studiedfrom 13 founders with education data
Indian Institute of Technology, Delhi ×3Indian Institute of Technology Gandhinagar ×2Indian Institute of Technology, Bombay ×2Indian Institute of Technology, Roorkee ×2
Where their founders worked beforefrom 11 founders with career history
Flipkart ×2
Accelerator rootsportfolio companies that came through a program
Investments · 34 tracked
founders shown can be your intro pathBy year:2026 · 52025 · 32024 · 12023 · 110 dated
Olyv is an Indian fintech app offering personal loans up to ₹5,00,000 through RBI-registered lenders, along with gold savings, credit score monitoring, and payment reminders.
ConsumerFintechSaaS
Co-investorsSMBC Asia Rising Fund
Whizzo develops engineered technical and fashion textiles and offers textile design and R&D services for businesses across multiple industries.
Advanced ManufacturingNew MaterialsBengaluru, IN
Shrestha Kukreja(Founder)
Co-investorsLB InvestmentLightspeed Venture PartnersBEENEXT
Apna is India's largest job platform connecting job seekers with employment opportunities and employers, including MSMEs and enterprises.
B2B MarketplacesHR TechMarketplacesIndia, IN
Nirmit Parikh(Founder)Kartik Narayanin
Co-investorsGSV VenturesInsight PartnersOwl VenturesPeak XV PartnersRocketship.vcAccel+3 more
India's largest devotional platform addressing underserved devotional and spiritual needs
Co-investorsElevation CapitaliSeedMSA NovoTDV Partners
Bizongo provides a B2B supply chain digitization platform and working capital solutions for enterprises and their vendor businesses in India.
AI & Machine LearningB2B MarketplacesFintechLogistics & Supply ChainSaaS
Aniket DebSachin Agrawal(Founder)inAnkit Tomar
Co-investorsAccelAddVentures by SCGChiratae VenturesLiquidity CapitalStride VenturesTrifecta Capital Advisors+5 more
Leading omni-channel organized grocery retailer focusing on Tier 2/3 cities
Cars24 operates an online platform for buying and selling used cars in India, along with related services such as car loans, insurance, vehicle history checks, RTO checks, challan payment, and warranties.
FintechMarketplacesMobility & TransportationGurgaon, IN
Ruchit Agarwal
BoardMato Peric
Co-investors500 GlobalAlpha Wave GlobalPeak XV PartnersRaptor GroupSoftBank Vision FundTrifecta Capital Advisors+1 more
Full-stack digital credit platform for mid-to-low-income segments
Fashinza is a B2B apparel sourcing and production management platform that connects fashion brands with vetted garment suppliers and manufacturers.
Advanced ManufacturingAI & Machine LearningB2B MarketplacesGurugram, IN
Abhishek Sharma(Founder)in
Co-investorsAccelAll In CapitalElevation CapitalFirst ChequeLiquidity CapitalTrifecta Capital Advisors
India's first CDMO platform for technical textiles
FlexiLoans, the trade name of RBI-registered NBFC Epimoney Private Limited, provides collateral-free business loans with minimal paperwork to traders, retailers, service providers, and manufacturers.
FintechSaaS
Ritesh Jain(Founder)inDeepak Jain(Founder)inManish Lunia(Founder)in
Co-investorsAccion
FourKites provides supply chain visibility software across multiple transportation modes including trucking, rail, and ocean freight.
AI & Machine LearningData & InfrastructureEnterprise SoftwareLogistics & Supply ChainSaaSChicago, US
Matt Elenjickal(Founder & CEO)
Co-investorsAugust CapitalBluestein VenturesGrand VenturesHyde Park Venture PartnersLobby CapitalQualcomm Ventures+4 more
Influee is a UGC (user-generated content) platform that connects e-commerce brands with a global network of vetted creators to produce, edit, and manage conversion-focused video ads for channels like TikTok and Instagram.
Creator EconomyMarketing TechMarketplaces
Co-investorsSilicon Gardens
India's leading digital lending platform for MSMEs
Palo Alto, US
Akash Gehani(Director)Sampad Swain(Executive Officer, Director)Mandar Dandekar(Director)
Co-investorsGMO VenturePartnersKalaari Capital
Indian mobile-first entertainment company operating the Kuku FM audio app and the Kuku TV microdrama video platform.
Vinod Kumar Meena(Founder)inLal Chand Bisu(Founder)in
Co-investors3one4 CapitalGranite AsiaIndia QuotientV3 VenturesVertex Ventures Sea Management Pte. Ltd.IFC+3 more
Network of multispecialty hospitals providing high-quality healthcare
PharmEasy is a consumer healthcare platform offering on-demand home delivery of prescription and over-the-counter pharmaceuticals, diagnostic tests, and teleconsultation services in India.
Digital HealthE-commerceHealthtechMarketplacesIndia, IN
Dr. Dhaval Shah(Founder)in
Co-investorsAarin CapitalBessemer Venture PartnersF-Prime CapitalThink InvestmentsTrifecta Capital AdvisorsStride Ventures
Pocket FM is an audio streaming platform offering audio series and stories across genres like fantasy and fiction.
ConsumerCreator EconomyMedia & Entertainment
Co-investorspeerchequeTanglin Venture Partners
Portea Medical provides medical care in patients' homes, offering primary, preventive, and elderly care services.
Digital HealthHealthtechBengaluru, IN
Vaibhav Tewari(Founder)in
Co-investorsAccelQualcomm VenturesVenturEast
Opinion-trading platform and data infrastructure for trade on world events
Probo helps organizations manage and demonstrate compliance with standards like ISO 27001 and SOC2.
CybersecurityEnterprise SoftwareSaaSParis, FR
Antoine Bouchardy(Founder)inBryan Frimin(Founder)inAntoine Bourchardy(Co-founder & CEO)
Co-investorsY CombinatorElevation Capital
Razorpay provides payment processing APIs and financial services for online merchants, schools, and ecommerce businesses, offering payment acceptance, disbursement, current accounts, and working capital loans.
E-commerceEnterprise SoftwareFintechSaaSBengaluru, IN
Harshil Mathur(Founder/CEO)inShashank Kumar(Founder)inLee Fixel(Director)
Co-investorsAlkeon InnovationGMO VenturePartnersgrowX VenturesPeak XV PartnersStandard CapitalTCV+6 more
India's largest devotional platform addressing spiritual and devotional needs
Spinny is an online platform for buying and selling certified pre-owned cars, offering vehicles that pass a 200-point inspection along with money-back guarantees, free RC transfer, and used-car financing.
E-commerceMarketplacesMobility & TransportationGurgaon, IN
Mohit Gupta(Founder)Ramanshu Mahaur(Founder)in
Co-investorsAccelAvenir Growth CapitalElevation CapitalThink Investments
Stable provides business infrastructure services enabling distributed companies to incorporate, manage bank accounts, and handle tax filing from any location.
AI & Machine LearningEnterprise SoftwareSaaSNew York City, US
Sarah Ahmad(Founder)inCollin Pham(Founder)inNeil Gandhi(Entrepreneur & Founder)
Co-investorsRange VCY CombinatorLombardstreet Ventures
Stable provides data and analytics tools for EV charging investors, developers, and charge point operators to forecast site utilization and ROI, and to monitor pricing, reliability, and network performance after deployment.
CleantechData & InfrastructureEnergy
Co-investorsThe E14 FundTrucks VCCongruent VenturesUbiquity Ventures
Stable Money is an Indian platform for booking fixed deposits across banks and NBFCs, comparing FD interest rates from 11 banks and 3 NBFCs, and offering related products such as recurring deposits, bonds, mutual funds, and secured credit cards.
FintechMarketplacesBangalore, IN
Saurabh Jain(Founder)
Co-investorsAditya Birla VenturesLightspeed Venture PartnersMars Shot VenturesPeak XV PartnersRTP GlobalZ47
Global enterprise software offering real-time visibility in logistics
udaan is a business-to-business e-commerce platform operating across categories including Food, FMCG, Fresh, Electronics, and General Merchandising.
B2B MarketplacesE-commerceRetail TechBengaluru, IN
Sujeet Kumar(Founder)in
Co-investorsLightspeed Venture PartnersNotable CapitalTrifecta Capital Advisors
Tech company (per portfolio listing)
Wint Wealth operates an online bond platform in India's debt segment, offering retail investors access to corporate and securitised debt securities with fixed returns ranging from 9% to 12% per annum.
FintechBengaluru, IN
Anshul Gupta(Director)inAditya Anand(CEO)Ajinkya Kulkarni(Founder)inAbhik Patel(Founder)inShashank Chimaladari(Founder)in
Co-investorsAll In CapitalBetter CapitalCapria VenturesFirst ChequeGemba Capital Venture PartnersRainmatter+5 more
Wishlink is a platform that lets social media creators share shoppable product recommendations from their fashion, beauty, and lifestyle content and monetize it, while helping their audiences shop items seen in creator videos.
Creator EconomyE-commerceMarketing TechSocial
Chandan Yadav(Founder)in
Co-investorsElevation CapitalTrifecta Capital AdvisorsVertex Ventures Sea Management Pte. Ltd.
Omni-channel organized grocery retailer focused on Tier 2/3 cities
Portfolio news
latest coverage across their companiesCars24 · startupstorymedia.com · Aug 12, 2026
Udaan · m.economictimes.com · Jul 31, 2026
Razorpay · indianstartupnews.com · Jul 17, 2026
Apna · siliconindia.com · Jul 1, 2026
PharmEasy · m.economictimes.com · Jun 26, 2026
Stable · simplywall.st · Jun 20, 2026
Fashinza · ascendants.in · May 8, 2026
Stable Money · m.economictimes.com · Mar 27, 2026
Frequently asked questions
- How many investments has Fundamentum made?
- Fundamentum has 25 tracked investments, including 1 dated in the last 24 months.
- What stage does Fundamentum invest at?
- Fundamentum invests at the Series A, Series B, Series C, Growth stages.
- What is Fundamentum's typical check size?
- Fundamentum typically writes checks of $10M – $25M.
- What sectors does Fundamentum focus on?
- Fundamentum focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, B2B Marketplaces, Consumer, Deep Tech, Digital Health, E-commerce, EdTech, Enterprise Software, Fintech, Healthtech, Logistics & Supply Chain, Marketplaces, Media & Entertainment, Sector Agnostic.
- Where is Fundamentum located?
- Fundamentum is headquartered in Gurugram, IN.
- Does Fundamentum lead rounds?
- Yes, Fundamentum leads investment rounds.
- Who does Fundamentum co-invest with?
- Fundamentum most often shares deals with Trifecta Capital Advisors, Accel, Elevation Capital, among 50 tracked co-investors.
Media · Podcasts & interviews
featuring the teamStable Money raises ₹173 Crore in Series B Funding led by Nandan Nilekani's Fundamentum!
Stable Money Official · Nandan Nilekani
Ashish Kumar of Fundamentum in Conversation with Entrepreneur India
Entrepreneur India · Ashish Kumar
Keynote Session: Sanjeev Aggarwal, Co-founder, The Fundamentum Partnership and Helion Ventures
niituniv · Sanjeev Aggarwal
Episode 26 | Sanjeev Aggarwal, Co-Founder,The Fundamentum Partnership and Helion Ventures
The Neon Show · Sanjeev Aggarwal
Teaser feat. Sanjeev Aggarwal, Founder, Fundamentum Partnership & Helion Ventures
The Neon Show · Sanjeev Aggarwal
Co-investors · 11
Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.
3one4 Capital is an early-stage venture capital firm focused on India, partnering with mission-oriented founders across select market categories.
Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.
TCV is a growth equity investor that has backed global, category-defining technology companies for nearly three decades, partnering with mission-driven teams to help them scale.
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General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.
Sierra Ventures is an early-stage venture capital firm that invests in first-principles founders, backing companies from inception through Series A across AI infrastructure, applied/vertical AI, deep tech, and physical/embodied AI.
Venture Highway operates as a flat partnership with non-traditional titles like Startup Sensei, founded by ex-WhatsApp business head Neeraj Arora and ex-Google corporate development head Samir Sood, using individual conviction bets rather than consensus committees for deal-making. The fund built an early franchise backing India's unicorns at seed stage and was eventually absorbed by General Catalyst to become their India beachhead, while also serving as a talent factory where alumni like Aviral Bhatnagar have spun out to launch specialized funds.
BEENOS is a global incubator that leverages its business expertise and entrepreneurial mindset to build international networks, focusing on business support, strategic partnerships, and cross-border distribution solutions.
Prime Venture Partners is a seed-stage venture fund that invests in early-stage startups. The firm provides capital alongside mentorship and operational support to portfolio companies.
Firms observed investing alongside Fundamentum, from public investor directories. Shared companies are the overlap with Fundamentum's recorded portfolio.
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