Fundraising Fox

Fundamentum

Venture capital

Gurugram Β· Series B–Series C Β· 4 people tracked

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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.

Stage
Series B–Series C
Check
$10M – $25M
HQ
Gurugram, IN
Leads rounds
Leads
Instruments
Equity
Founded
2017
Tracked investments
26

Team Β· 4 people

from public directories
Nandan NilekaniΒ· General Partner𝕏
Sanjeev AggarwalΒ· Managing Directorin𝕏
Prateek JainΒ· Principalin𝕏

What they invest in

from 8 of 26 portfolio companies

SaaS Γ—4E-commerce Γ—3Enterprise Software Γ—3Marketplaces Γ—3AI & Machine Learning Γ—2B2B Marketplaces Γ—2Digital Health Γ—2Fintech Γ—2

HQs:IndiaΓ—6FranceΓ—1United StatesΓ—1

Investments Β· 26 tracked

founders shown can be your intro path
Apnaapna.coin𝕏

Apna is India's largest job platform connecting job seekers with employment opportunities and employers, including MSMEs and enterprises.

B2B MarketplacesHR TechMarketplacesIndia, IN

AppsForBharat

India's largest devotional platform addressing underserved devotional and spiritual needs

Bizongobizongo.comin𝕏

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<UNKNOWN>, IN

Aniket DebSachin AgrawalAnkit Tomar

Blinkit

Leading omni-channel organized grocery retailer focusing on Tier 2/3 cities

Cars24

India's largest full-stack pre-owned digital retail car platform

Cashe

Full-stack digital credit platform for mid-to-low-income segments

Fashinzafashinza.com
Finotex

India's first CDMO platform for technical textiles

FlexiLoansflexiloans.com
FourKitesfourkites.comin

FourKites provides supply chain visibility software across multiple transportation modes including trucking, rail, and ocean freight.

AI & Machine LearningData & InfrastructureEnterprise SoftwareLogistics & Supply ChainSaaS

Matt Elenjickal(Founder & CEO)

Influee

Platform making customer acquisition and sales via creators easy

Instamojoin𝕏

India's leading digital lending platform for MSMEs

Palo Alto, US

Mandar Dandekar(Director)Akash Gehani(Director)Vani Kola(Director)Sampad Swain(Executive Officer, Director)

Narayana Health

Network of multispecialty hospitals providing high-quality healthcare

PharmEasypharmeasy.in𝕏

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

Pocket FMpocketfm.com
Porteaportea.comin𝕏

Portea Medical provides home-based healthcare services including nursing care, diagnostics, and chronic disease management.

Digital HealthHealthtech

Dr Kavitha Manjunath

Predictprotein

Opinion-trading platform and data infrastructure for trade on world events

Proboprobo.comin𝕏

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)

Razorpayrazorpay.comin𝕏

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)in

Soulmate

India's largest devotional platform addressing spiritual and devotional needs

Spinnyspinny.comin𝕏

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 & Transportation

Trackinvest

Global enterprise software offering real-time visibility in logistics

Wingify

Tech company (per portfolio listing)

Wint Wealthwintwealth.comin𝕏
Wjunction

Omni-channel organized grocery retailer focused on Tier 2/3 cities

Frequently asked questions

What stage does Fundamentum invest at?
Fundamentum invests at the Series B, Series C 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.

Media Β· Podcasts & interviews

featuring the team

Stable Money raises β‚Ή173 Crore in Series B Funding led by Nandan Nilekani's Fundamentum!

Stable Money Official Β· Nandan Nilekani

Ashish Kumar of Fundamentum in Conversation with Entrepreneur India

Entrepreneur India Β· Ashish Kumar

Keynote Session: Sanjeev Aggarwal, Co-founder, The Fundamentum Partnership and Helion Ventures

niituniv Β· Sanjeev Aggarwal

Episode 26 | Sanjeev Aggarwal, Co-Founder,The Fundamentum Partnership and Helion Ventures

The Neon Show Β· Sanjeev Aggarwal

Teaser feat. Sanjeev Aggarwal, Founder, Fundamentum Partnership & Helion Ventures

The Neon Show Β· Sanjeev Aggarwal

Co-investors Β· 11

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 Β· 1
$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 Β· 1
$1.6M – $70M
TCV

TCV is a technology-focused investment firm; this post announces its investment in ICEYE, a provider of space-based synthetic aperture radar (SAR) intelligence.

Both backed Β· 1
$10M – $500M
3one4 Capital

3one4 Capital is an early-stage venture capital firm focused on India, partnering with mission-oriented founders across select market categories.

Both backed Β· 1
Wint Wealth
$364K – $30M
General Catalyst

General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.

$30M
Sierra Ventures

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.

$10M
Venture Highway

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.

$100K – $5M
BEENOS

BEENOS operates a group of businesses spanning cross-border e-commerce, entertainment content distribution, and new business development, and acts as a global incubator investing in early-stage startups.

Prime Venture Partners

Prime Venture Partners is an early-stage venture capital firm led by former entrepreneurs and operators who invest in and support companies at the early stages of building.

$6M – $8M

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

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