Fundraising Fox

India Quotient

Venture capital

Bengaluru · Seed–Series B · 9 people tracked

Also known as INDIA QUOTIENT ADVISERS LLP

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Investment thesis

India Quotient believes the next major companies will be built for India rather than being copies of global models like Amazon, Uber or Facebook. The firm seeks out audacious markets and strong entrepreneurs, often backing ideas others view cynically. It prioritizes original research into everyday Indian life to discover new themes, sectors and ideas, and deliberately avoids high-momentum deals that only offer short-term returns. Partners keep their portfolios small, investing in just 3-4 deals a year so each investment matters, and they emphasize deep preparation before engaging with founders.

Invests inCrypto & Web3E-commerceSaaSAsia-PacificBengaluruIndiaSingaporeUnited States

Source: firm website, verified Aug 11, 2026.

Stage
Seed–Series B
Check
$481K – $32M
HQ
Bengaluru, IN
Leads rounds
Follows
Instruments
Equity
Private fund assets
$558.2M
VC funds
5
Tracked investments
100

Team · 9 people

from the firm's website & public directories

What they invest in

from 67 of 100 portfolio companies

Consumer ×26AI & Machine Learning ×24SaaS ×21E-commerce ×13Enterprise Software ×9Fintech ×9Direct to Consumer ×8Marketplaces ×8

HQs:India×46United States×3

Investments · 100 tracked

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

Helium is an Indian consumer electronics brand building AI-based, app-controlled air conditioners sized for small rooms up to 100 sq ft.

ConsumerHardwareIoTJaipur, IN

Ashish(Founder)Aman

Justvingojustvingo.comin𝕏✓ verified

Vingo is building a peer-to-peer marketplace for Indian consumers to buy, sell, and upgrade products, with a focus on trust, payments, and convenience.

Circular EconomyConsumerE-commerceMarketplaces

Lokalgetlokalapp.comin𝕏✓ verified

Lokal is a vernacular hyperlocal platform providing local news, classifieds, and job listings to non-English speaking users across rural and tier 2+ Indian markets.

ConsumerMarketplacesMedia & EntertainmentSocialBengaluru, IN

Vipul Chaudhary(Founder)inJani Pasha(Founder)in

Mapmytalentmapmytalent.in✓ verified

MapMyTalent provides career and course counselling for adolescents, parents, and teachers using behavioral science principles, offering guidance through counselling sessions, workshops, and online products.

EdTech

Dr. Anubhuti Sehgal(Co-founder & Director)Rohit Sehgal(Co-founder & Director)

8Club8club.coin𝕏

8club is an app for discovering and joining in-person social experiences and events, helping users meet like-minded people and build real-life friendships and community in their city.

ConsumerMarketplacesSocial

91Mobiles91mobiles.com𝕏

91mobiles is a consumer technology portal that helps users discover, compare, and research mobile phones, laptops, and other gadgets through specifications, prices, reviews, and comparison tools.

ConsumerE-commerceMedia & Entertainment

Agrimagrim.appin
Alaroworldalaroworld.comin

Alaro builds a WiFi-connected home camera with on-device and cloud AI that detects meaningful events—such as a baby crying, unusual movement, or someone at the door—and sends filtered alerts instead of continuous footage.

AI & Machine LearningHardwareIoT

Shubham Sikka(Co-Founder)Geet Sethi(Co-Founder)Sneha Bharti(Director of Engineering)

Badhobadho.ai

Badho.ai offers "Amit," an AI career coach that operates over WhatsApp to help job seekers in India build ATS-optimized resumes, match against job listings, and apply to jobs on the user's behalf.

AI & Machine LearningFuture of WorkHR Tech

BharatAgribharatagri.com𝕏
Blitzblitznocode.comin𝕏

Blitz provides a no-code platform that enables business teams to build and deploy internal tools and applications without requiring core engineering resources.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareFuture of WorkSaaSSan Francisco, US

Loic Veillard(Founder)in

Blitzblitznow.inin

Blitz provides fulfillment and delivery software that forecasts demand and optimizes inventory placement across locations, and offers pre-checkout delivery-timeline display and post-checkout order tracking for online retailers.

E-commerceLogistics & Supply ChainSaaS

Brandsbrands.live
Cityflocityflo.comin𝕏

Cityflo operates a bus commuting service for office workers, letting them reserve seats, live-track buses, and book flexible passes for home-to-office rides.

ConsumerLogistics & Supply ChainMobility & Transportation

Clarityappclarityapp.in

Clarity App is an emotional support platform that connects people with trained non-medical listeners for anonymous, judgment-free conversations about their feelings.

Digital HealthMental HealthWellness & Fitness

Convinconvin.aiin𝕏

Convin builds AI-powered conversation intelligence and speech analytics software that records and analyzes customer conversations for customer-facing teams such as contact centers and sales teams.

AI & Machine LearningSaaSSales Tech

Coolbergcoolberg.inin

Coolberg is an Indian brand of non-alcoholic, zero-alcohol beers and beverages aimed at consumers who prefer alcohol-free options for social occasions.

ConsumerDirect to ConsumerE-commerceFoodTech

Pankaj(Co-founder)Yashika(Co-founder)

Cosmafertilitycosmafertility.com

Cosma is a women's health and fertility company that designs, manufactures and distributes non-hormonal fertility products for the Indian market, positioned as an option between unassisted conception and IVF.

Digital HealthFemTechHealthtechMedical Devices

Dr. Charu Sharma(Founder)

Creditmatecreditmate.in

CreditMate provides a debt collections platform that uses AI-driven strategies to prioritize borrowers by likelihood to pay, along with telephony tools such as predictive dialers and voice bots.

AI & Machine LearningFintechSaaS

Curiecurie.money
Curofycurofy.com
Distildistil.marketin𝕏
DPD Zerodpdzero.comin𝕏
Eazypgeazypg.in
Elunoeluno.co

Eluno designs and sells prescription eyewear, offering frames made from materials such as acetate, titanium, steel, and TR90, along with lenses featuring UV and blue-light coatings.

ConsumerDirect to ConsumerE-commerce

Engraveawardsengraveawards.com
Faballeyfaballey.com𝕏
Fanztarfanztar.com
Fixmycurlsfixmycurls.com

Fix My Curls is a hair-care brand offering shampoos, conditioners, styling products, masks, and fragrance mists formulated for curly, wavy, and coily hair.

ConsumerDirect to ConsumerE-commerce

Anshita(Founder)

Flabslisflabslis.comin𝕏

Flabs is a cloud-based, AI-powered laboratory information system (LIS) for pathology labs, handling patient registration, sample tracking, analyzer result management, reporting, billing, referrals, and quality control.

AI & Machine LearningHealthtechSaaS

Fleetxfleetx.ioin𝕏
Flynoteflynote.comin𝕏

Flynote builds customized tour packages, working with tour operators, travel companies, and hotels to help travelers create itineraries based on their interests and budget.

ConsumerMarketplacesTravel & Hospitality

Furnishkafurnishka.comin𝕏

Furnishka is a direct-to-consumer furniture manufacturer that designs, builds, and sells sofas, recliners, beds, dining sets, wardrobes, and other home furniture from its own production facility, with customization options.

Advanced ManufacturingDirect to ConsumerE-commerceBengaluru, IN

Fyllofyllo.inin𝕏

Fyllo builds IoT sensor devices, hyper-local weather forecasting, and crop-specific agronomy models that provide data-driven irrigation, fertigation, and disease-prediction recommendations to farmers.

AgTechAI & Machine LearningIoT

Sudhanshu Rai(Co-Founder)Sumit Sheoran(Co-Founder)

Gaugaugaugau.in
Gimi Michigimimichi.com

A brand selling Korean-style ramen, including packaged ramen sold with a ceramic bowl and dried vegetable toppings, marketed to consumers.

ConsumerE-commerceFoodTech

Givagiva.co
GoCometgocomet.comin𝕏
Gomarblegomarble.aiin𝕏

GoMarble builds AI agents for paid-media and advertising teams that connect to ad accounts, monitor campaigns, investigate performance questions, and propose or make changes within team-set permissions.

AdTechAI & Machine LearningMarketing TechSaaS

Palkush(Co-founder (leads product and company))Aditya(Co-founder)Swapnil(Co-founder)

Heliumtryhelium.comin𝕏

Helium builds a platform for self-improving software that automatically optimizes mobile app experiences.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareMarketing TechSaaSSan Francisco, US

Zach Witzel(Founder)inShishir Jakati(Founder)in

Hirobinhirobin.aiin𝕏

Hirobin builds an AI assistant that handles routine phone calls and coordination tasks — such as confirming appointments, guiding delivery drivers, and dealing with brokers or technicians — on behalf of working professionals.

AI & Machine LearningConsumerFuture of Work

Holachefholachef.com

The site publishes reviews, guides, rankings, and tips about online web slot games, aimed at online casino players.

GamingMedia & Entertainment

Homeessentialshomeessentials.inin

Home Essentials is an online store selling home furniture, focused on chairs such as stackable rattan-look accent chairs and plastic patio chairs in a range of colors.

ConsumerDirect to ConsumerE-commerce

Iimjobsiimjobs.comin𝕏

iimjobs is an online recruitment platform in India that connects job seekers with senior roles in fields such as Banking & Finance, Consulting, Research & Analytics, Sales & Marketing, HR, IT, and Operations.

Future of WorkHR TechMarketplaces

Intoglointoglo.comin

Intoglo provides door-to-door full-container-load ocean freight shipping between India and the USA, handling shipping lines, customs brokerage, and trucking directly.

Logistics & Supply Chain

Kharekhareclasses.com

Khare Classes offers private one-to-one math tutoring for students, focused on improvement in mathematics and preparation for competitive exams.

EdTech

Kimkim.ccin𝕏

Kim provides an AI-powered customer support platform that resolves repetitive support tickets automatically while a team of trained CX professionals (Sentinels) monitors, validates, and reviews interactions.

AI & Machine LearningEnterprise SoftwareSaaSDover, US

Kookooapp.com
Koshgetkosh.comin𝕏

Kosh provides digital lending to blue-collar workers in India through a joint liability model that uses social networks to assess creditworthiness and reduce costs.

FintechGurugram, IN

Sahil Bansal(Founder)inAayush Goel(Founder)in

Kuku FMkukufm.com
Kyzokyzo.in𝕏

Kyzo (Khidki Homes) is an online store for interior construction materials such as plywood, MDF boards, laminates, veneers, hardware, adhesives, flush doors and PVC/WPC boards from leading brands.

B2B MarketplacesConstruction TechE-commerce

Lendingkartlendingkart.comin

Lendingkart provides unsecured business loans to micro, small, and medium enterprises (MSMEs) in India through a fully online application and digital KYC process, using bank statements for assessment and disbursing funds within a few days.

Fintech

Llumollumo.aiin𝕏

LLUMO builds AI optimization tools that provide recommendations and insights to help AI teams improve LLM performance and accuracy while reducing costs.

AI & Machine LearningData & InfrastructureDeveloper ToolsSaaS

Loantaploantap.inin𝕏

LoanTap is an Indian fintech company offering personal loans aimed at millennials, with an in-house RBI-registered NBFC.

ConsumerFintech

Luruluru.appin𝕏
Mainomaino.aiin

Maino builds product, analytics, and digital marketing technology for consumer tech businesses, applying growth and performance-marketing expertise.

AdTechAI & Machine LearningMarketing Tech

Rishabh Kumar(Co-Founder)Vikas Keshri(Co-Founder)Abhijeet Kunwar(Co-Founder)

Masai Schoolmasaischool.comin𝕏

Masai School is an outcome-driven higher education institution in India offering cohort-based courses to train entry-level engineering talent for the technology industry.

EdTechFuture of Work

Prateek Shukla(Co-Founder & CEO)Nrupul Dev(Co-Founder)Yogesh Bhat(Co-Founder)

Massivemobilitymassivemobility.inin𝕏

Massive Mobility builds EV charging infrastructure and related software in India, including universal AC charging sockets, a smart charging network platform (1Charging.com), an e-rickshaw online marketplace (BharatMobility), and an EV leasing service (ZECAT) for fleet operators and retail users.

CleantechEnergyMobility & TransportationSaaS

Shailesh Vickram Singh(Founder)

Maya Labsmayalabs.ioin𝕏

Maya Labs builds AI systems that can generate and modify code autonomously, enabling non-programmers to create software solutions.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareFuture of WorkBengaluru, IN

Sibesh Kar(Founder)inShubham Mishra(Founder)in

Momoemomoe.in

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does India Quotient invest at?
India Quotient invests at the Seed, Series A, Series B stages.
What is India Quotient's typical check size?
India Quotient typically writes checks of $481K – $32M.
What sectors does India Quotient focus on?
India Quotient focuses on Crypto & Web3, E-commerce, SaaS.
Where is India Quotient located?
India Quotient is headquartered in Bengaluru, IN.
Does India Quotient lead rounds?
India Quotient typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

How VCs really think: Startups, Big Bets & Advice for founders | ft. Anand Lunia of India Quotient

Chill Mizaaz · Anand Lunia

India quotient investment in GIVA | Anand lunia | Venture Capital

Chill Mizaaz · Anand Lunia

Anand Lunia Of India Quotient Speaks On Startup IPOs & Valuations | Big Deal | CNBC TV18

CNBC-TV18 · Anand Lunia

Investing in outliers with Madhukar Sinha, Founder, India Quotient | 100x Entrepreneur Podcast

The Neon Show · Madhukar Sinha

Ask Me Anything with Anand Lunia - Managing Partner, India Quotient.

TiE Mumbai · Anand Lunia

India’s Venture Capital Quotient: In conversation with Anand Lunia, Founding Partner, India Quotient

Avendus Group · Anand Lunia

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