/Investor DB

India Foundation Fund Series I (A Scheme Of Multiply Ventures India

Venture capital

Bengaluru · Pre-Seed–Seed · 6 people tracked

Find your way into India Foundation Fund Series I (A Scheme Of Multiply Ventures India

Sign up to find every way you can get introduced to India Foundation Fund Series I (A Scheme Of Multiply Ventures India

  • Your email: who you already know at India Foundation Fund Series I (A Scheme Of Multiply Ventures India, and who your contacts know
  • 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the India Foundation Fund Series I (A Scheme Of Multiply Ventures India team
  • Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

✨ Fox Verdict
Sign up to see your fit

Investment thesis

Multiply Ventures focuses on backing strong founding teams at the earliest stage, positioning itself as the first institutional investor. The firm emphasizes execution over ideas and seeks to actively support founders in achieving product-market fit. Its contribution centers on aligning its expertise with each founder's specific needs, whether that involves hiring, growth, or fundraising, acting as a genuine partner throughout the company's journey.

Source: firm website, verified Oct 2, 2026.

Stage
Pre-Seed–Seed
HQ
Bengaluru, IN
Instruments
Equity
Founded
2020
Tracked investments
39
Unicorns
1
IPOs
2
Acquisitions
1

Team · 6 people

from the firm's website & public directories

What they invest in

from 15 of 39 portfolio companies

Consumer ×5E-commerce ×5Wellness & Fitness ×5Fintech ×4AI & Machine Learning ×3B2B Marketplaces ×3Digital Health ×3Healthtech ×3

HQs:India×12United States×3

Who they back

founder profiles across 12 portfolio companies
50%
solo founders
6 of 12 mapped founding teams
44%
repeat founders
of 18 founders with career history

Founding team size:solo founder×62 founders×33 founders×14+ founders×2

Where their founders studiedfrom 18 founders with education data

National Institute of Technology, Tiruchirappalli ×3Indian Institute of Technology Gandhinagar ×2Indian Institute of Technology, Bombay ×2Indian Institute of Technology, Delhi ×2Stanford University ×2

What their founders studiedfrom 17 founders with field-of-study data

Engineering ×11Computer Science ×4Business & Management ×2

Where their founders worked beforefrom 18 founders with career history

Flipkart ×3Deutsche Bank ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×2

1 founders hold a PhD · 2 hold an MBA (of 20 with degree data)

Investments · 39 tracked

founders shown can be your intro path
Opendooropendoor.comin𝕏NASDAQ: OPEN

Opendoor offers instant cash offers for residential properties through real estate agents, allowing sellers to choose between a fast sale or list the home later.

B2B MarketplacesE-commerceMarketplacesPropTechPhoenix, US

Eric Wu(Co-founder)inJD Ross(Cofounder)Keith Rabois(Co-founder)inKaz Nejatian(Chief Executive Officer)in

Co-investorsA*Access Technology VenturesAirTree VenturesAndreessen HorowitzBlue Lion GlobalCoatue Management+41 more

BharatXbharatx.techin𝕏SeedAcquired

BharatX offers a "buy now, pay later" service that splits purchases into three installments via UPI with zero interest, targeting merchants in fashion, apparel, and electronics categories.

FintechBengaluru, IN

Mehul Jindal(Co-Founder & CEO)inShyam Murugan(Founder)inEeshan Sharma(Founder)inSiddharth Venu(Founder)in

Co-investors8i VenturesDholakia VenturesMars Shot VenturesY CombinatorKube VCMyAsiaVC+6 more

Bluestonebluestone.com𝕏

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)in

Co-investorsAccelAlteria CapitalBlackSoilInfo Edge VenturesIron PillarIvyCap Ventures+4 more

Cheqcheq.onein𝕏

CheQ is a mobile app for paying credit card and utility bills in one place, offering rewards (CheQ Chips), a wallet, credit score dashboard, and instant cash and loan-against-mutual-funds products.

AI & Machine LearningConsumerFintechBengaluru, IN

Aditya Soni(Founder)in

Co-investors3one4 CapitalSherpalo VenturesBattery VenturesHanaco Venture CapitalKey1 CapitalTiger Global Management

Curefitcult.fitin𝕏

cult.fit offers fitness memberships (cultpass) providing access to group classes, gyms, at-home workouts, and sports facilities, along with weight-loss coaching, workout gear, and wellness services.

ConsumerSports TechWellness & FitnessBangalore, IN

Mukesh Bansal(Founder)in

Co-investorsBetter CapitalChiratae VenturesEndiya PartnersEpiq Capital Investment Advisory LLPExfinity VenturesKalaari Capital+4 more

Fittrfittr.comin

FITTR is a fitness coaching platform that provides personalized diet plans and workout programs to help users achieve their health goals.

Digital HealthHealthtechLongevityWellness & Fitness

Co-investorsBetter CapitalPeak XV PartnersDream CapitalElysian Park VenturesRainmatterSurge

FREEDfreed.carein

FREED is a loan settlement and credit counselling platform that helps consumers in India resolve overdue debts and rebuild credit health.

Digital HealthFintech

Ritesh Srivastava(Chief Executive Officer & Founder)inAlok(Chief Technology Officer & Co-Founder)in

Co-investorsAavishkaar Venture Management Services Private LimitedHyderabad AngelsThe Chennai Angels

Good Monkgoodmonk.in

Makes everyday nutrition simple and effective.

Co-investorsRPSG Capital VenturesSharrp Ventures

Iluviailuviapro.com𝕏

iluvia sells professional haircare products for damaged and chemically treated hair, including shampoo, mask, and serum formulations using ingredients like hydrolyzed keratin and collagen.

ConsumerDirect to ConsumerE-commerceWellness & Fitness

Co-investorsFireside Ventures Advisory Llp

Jovianjovian.cominSeed

Jovian offers beginner-friendly online courses in programming, data science, machine learning, and web development, with a focus on practical, hands-on learning using Python and related tools.

AI & Machine LearningDeveloper ToolsEdTechSan Francisco, US

Aakash N S(Founder)in

Co-investorsSenseAI VenturesSoma CapitalSprint VcY CombinatorArka Venture LabsAxilor Ventures+1 more

Lemmebelemmebe.com

This page is not a company website—it is a third-party informational guide about the Aviator crash game, providing reviews of various online casinos where players can access the game.

Devidutta Dashin

Co-investorsHyderabad Angels

Lissunlissun.appin𝕏

Lissun is a tech-enabled mental and emotional health company offering online counselling and therapy to individuals and corporate clients in India.

Digital HealthHealthtechMental HealthWellness & FitnessGurgaon, IN

Tarun Gupta(Founder)in

Co-investorsColossa VenturesgrowX VenturesIvyCap VenturesPeaceful ProgressRPSG Capital VenturesSucSEED Indovation+3 more

Nova Benefitsnovabenefits.comin𝕏

Nova Benefits is an employee wellness platform that connects Indian companies with corporate health insurance and wellness benefits for their employees and families.

Enterprise SoftwareHealthtechHR TechInsurTechSaaSWellness & FitnessBengaluru, IN

Yash Gupta(Co-Founder, CTO)inSaransh Garg(Co-Founder, CEO)in

Co-investorsBessemer Venture PartnersBetter CapitalTitan CapitalSHL CapitalSusquehanna International Group

OneCareonecare.co.in

Batesville, US

Peter Vogel(Director)Sammy Sun(Executive Officer)Chase Glaser(Executive Officer)Thomas Glaser(Executive Officer, Director)John Gutzwiller(Executive Officer, Director)Karen Leeker(Director)

Co-investorsBetter CapitalMcCarthy Capital

Riyazriyazapp.comin𝕏

Riyaz is an AI-powered vocal coaching app that gives singers real-time feedback on pitch, vocal range, timing, and breath control, along with a library of practice lessons across Carnatic, Hindustani, and Pop styles.

AI & Machine LearningConsumerEdTech

Co-investorsBetter Capital

Shopkiranashopkirana.comin

ShopKirana operates a B2B e-commerce platform connecting kirana (local retail) stores with suppliers and brands for ordering goods.

B2B MarketplacesE-commerceRetail TechIndore, IN

Tanutejas Saraswat(Founder)inSumit Ghorawat(Founder)in

Co-investorsBetter CapitalIncubate FundNB VenturesSixth Sense VenturesTrifecta Capital AdvisorsAkatsuki+1 more

Wint Wealthwintwealth.comin𝕏

Wint Wealth is a SEBI-registered online bond platform that lets retail investors buy corporate and other debt securities offering fixed returns.

FintechBengaluru, IN

Anshul Gupta(Director)inAditya Anand(CEO)inAjinkya Kulkarni(Founder)inAbhik Patel(Founder)inShashank Chimaladari(Founder)in

BoardVasanth Kamath

Co-investorsAll In CapitalArkam VenturesBetter CapitalCapria VenturesFirst ChequeFundamentum+7 more

Ximkartximkart.com

Ximkart provides a supply chain management solution for sourcing and importing raw materials across multiple countries, aiming to improve discovery, ordering, trust, and transparency.

Advanced ManufacturingB2B MarketplacesE-commerceLogistics & Supply ChainSaaSBengaluru, IN

Sharan Urubail(Founder)in

Co-investorsBetter CapitalFJ LabsTrifecta Capital AdvisorsZ47

Other

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

AkshayakalpaBeingClever HarveyDealshareFundlyGramophoneGripJupiter MoneyKlubLoFoodsMfineMudrexMyDesignationNutty YogiPay3SlikkTekieTestbookThe Better HomeTwo Point O CapitalUpswing

Exits · 3

2 IPOs · 1 acquisitions · showing 1

OpendoorNASDAQ: OPEN

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has India Foundation Fund Series I (A Scheme Of Multiply Ventures India made?
India Foundation Fund Series I (A Scheme Of Multiply Ventures India has 39 tracked investments, 3 of which have exited.
What stage does India Foundation Fund Series I (A Scheme Of Multiply Ventures India invest at?
India Foundation Fund Series I (A Scheme Of Multiply Ventures India invests at the Pre-Seed, Seed stages.
What sectors does India Foundation Fund Series I (A Scheme Of Multiply Ventures India focus on?
India Foundation Fund Series I (A Scheme Of Multiply Ventures India focuses on Consumer, Direct to Consumer, Fintech.
Where is India Foundation Fund Series I (A Scheme Of Multiply Ventures India located?
India Foundation Fund Series I (A Scheme Of Multiply Ventures India is headquartered in Bengaluru, IN.
Who does India Foundation Fund Series I (A Scheme Of Multiply Ventures India co-invest with?
India Foundation Fund Series I (A Scheme Of Multiply Ventures India most often shares deals with Better Capital, Kalaari Capital, Hyderabad Angels, among 86 tracked co-investors.

Similar investors

Featured in lists