Fundraising FoxIndia Foundation Fund Series I (A Scheme Of Multiply Ventures India
Venture capitalBengaluru · Pre-Seed–Seed · 6 people tracked
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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.
Team · 6 people
from the firm's website & public directories
What they invest in
from 17 of 39 portfolio companiesFintech ×6Consumer ×5E-commerce ×5Wellness & Fitness ×5B2B Marketplaces ×4Healthtech ×4AI & Machine Learning ×3Digital Health ×3
HQs:India×14United States×3
Who they back
founder profiles across 14 portfolio companiesFounding team size:solo founder×52 founders×54+ founders×4
Where their founders studiedfrom 20 founders with education data
National Institute of Technology, Tiruchirappalli ×3Indian Institute of Management Bangalore ×2Indian Institute of Technology Gandhinagar ×2Indian Institute of Technology, Bombay ×2Indian Institute of Technology, Delhi ×2Stanford University ×2
What their founders studiedfrom 20 founders with field-of-study data
Engineering ×12Computer Science ×5Business & Management ×3Finance & Accounting ×3
Where their founders worked beforefrom 20 founders with career history
Flipkart ×3Deutsche Bank ×2
Accelerator rootsportfolio companies that came through a program
1 founders hold a PhD · 2 hold an MBA (of 23 with degree data)
Investments · 39 tracked
founders shown can be your intro path
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(Founder)inJD Ross(Founder)Keith Rabois(Founder)inKaz Nejatian(Chief Executive Officer)inIan Wong(Founder)
Co-investorsA*Access Technology VenturesAirTree VenturesAndreessen HorowitzBlue LionBlue Lion Global+42 more
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(CEO)inShyam Murugan(Founder)inEeshan Sharma(Founder)inSiddharth Venu(Founder)inJainam Sanghavi(Fouunding Team)Aishwarya Dsouza(Founding Recruiter)
Co-investors8i VenturesDholakia VenturesMars Shot VenturesY CombinatorJava CapitalKube VC+7 more
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)inGaurav Singh Kushwaha in(Founder)Sudeep Nagar(Founder)Vidya Nataraj(Founder)
Co-investorsAccelAlteria CapitalBlackSoilInfo Edge VenturesIron PillarIvyCap Ventures+4 more
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
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)inAnkit Nagori(Founder)
Co-investorsBetter CapitalChiratae VenturesEndiya PartnersEpiq Capital Investment Advisory LLPExfinity VenturesKalaari Capital+4 more
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
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
Fundly.ai operates a fintech platform combining commerce, payments and working-capital credit for pharmaceutical retailers, distributors and brands in India.
B2B MarketplacesFintechHealthtech
Amit Kumar Chawla(Founder)in
Co-investorsAccelPeterson VenturesAlteria Capital
Makes everyday nutrition simple and effective.
Co-investorsRPSG Capital VenturesSharrp VenturesThinKuvate
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
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)inSiddhant Ujjain
Co-investorsSenseAI VenturesSoma CapitalSprint VcY CombinatorArka Venture LabsAxilor Ventures+1 more
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.
Co-investorsHyderabad Angels
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 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
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
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
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
Upswing provides technology infrastructure enabling companies to offer embedded financial products.
Data & InfrastructureEnterprise SoftwareFintechSaaS
Nihar Gupta(Founder)inAnupam Bagchi(Founder)
Co-investorsBetter CapitalQED InvestorsQuona CapitalTitan CapitalAmara VCBonsal Capital+2 more
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(Founder)inAditya Anand(CEO)inAjinkya Kulkarni(Founder)inAbhik Patel(Founder)inShashank Chimaladari(Founder)inSruthi Sivakumar(Founder)
Co-investorsAll In CapitalArkam VenturesBetter CapitalCapria VenturesFirst ChequeFundamentum+7 more
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 HarveyDealshareGramophoneGripJupiter MoneyKlubLoFoodsMfineMudrexMyDesignationNutty YogiPay3SlikkTekieTestbookThe Better HomeTwo Point O Capital
Exits · 3
2 IPOs · 1 acquisitions · showing 1OpendoorNASDAQ: OPEN
Portfolio news
latest coverage across their companies
Fundly · thesaasnews.com · Sep 9, 2026
Opendoor · globenewswire.com · Aug 13, 2026
Wint Wealth · fintech.global · Jan 14, 2026
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, Accel, among 91 tracked co-investors.
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