Malpani Ventures
Venture capitalMumbai · Seed–Series A · 7 people tracked
Find your way into Malpani Ventures
465 people in our graph share verified history with the Malpani Ventures team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Malpani Ventures invests in companies with paying customers or meaningful revenue that demonstrate frugal operations and sustainable growth. The firm seeks founders with clear business models, strong margins, and deep market insights who focus on profitability over hype. Target companies should have monthly recurring revenue of at least INR 5-7 lacs initially, with presence across India including tier 2 and 3 cities. The firm typically leads rounds of INR 4-10 crores in companies with pre-money valuations between INR 30-100 crores, taking board observer status while remaining actively involved in portfolio company support and monthly progress reviews.
Source: firm website, verified Aug 6, 2026.
Team · 7 people
from the firm's website & public directoriesWhat they invest in
from 12 of 22 portfolio companiesHealthtech ×4Cleantech ×3EdTech ×3SaaS ×3AI & Machine Learning ×2B2B Marketplaces ×2Biotech ×2Consumer ×2
HQs:India×10
Investments · 22 tracked
founders shown can be your intro pathEleFant is India's first toy rental mobile app that offers children a curated selection of high-quality, safe toys through flexible subscription memberships.
B2B MarketplacesCircular EconomyConsumerImpact & Social GoodMarketplacesMumbai, IN
Sourabh Jain(Founder & Chief Toy Wala)inSantosh(Head of Product & Technology)Bharat Jain(Library Development & Operations Head)
Co-investorsVenture CatalystsSprint Vc
Mestastop develops research platforms and assays to study cancer metastasis biology and support early diagnosis and drug development.
AI & Machine LearningBiotechHealthtech
Co-investorsCIIE.COMumbai AngelsIIMA Ventures
Multibhashi offers live online and offline language courses covering both Indian regional languages (Hindi, Tamil, Telugu, Kannada, Marathi, Sanskrit, Urdu) and foreign languages (French, Spanish, German, Portuguese, Italian, Russian, Japanese, Chinese, Arabic, Korean), along with supplementary courses in math, art, and professional skills for learners globally.
EdTechEnterprise SoftwareSaaS
Anuradha Agarwal(CEO, Founder)
Co-investorsIIMA Ventures
EleFant is India's first toy rental mobile app that allows parents to rent toys for their children through flexible membership plans managed by a network of women entrepreneurs.
B2B MarketplacesConsumerEdTechImpact & Social GoodMarketplacesMumbai, IN
Sourabh Jain(Founder & Chief Toy Wala)inSantosh(Head of Product & Technology)Bharat Jain(Library Development & Operations Head)Abhishek Jain(Training & QA Head)
Co-investorsVenture Catalysts
Adiabatic is developing an electricity-based process for domestic production of critical chemicals.
Advanced ManufacturingCleantechNew Materials
Darshan Meher(Founder)in
Co-investorsVoyager PartnersDeVCOperators Studio
Connected vehicle IoT solutions
Biomoneta develops air decontamination devices that use ZeBox technology to eliminate airborne pathogens and provide medical-grade sterility without ozone or harmful radiation.
BiotechHardwareHealthtechMedical DevicesBangalore, IN
Janani Venkatraman(Co-founder & Director)inSantanu(Co-founder & Director)Arindam(Co-founder & Chief Executive Officer)
Co-investorsBeyond Next Ventures
AI outbound calling automation
Progressive education for children
Tech-enabled sales distribution network
Healthy snack subscription brand
AI contract lifecycle management
Nesa Medtech develops GYIDE, a minimally invasive, uterus-preserving medical device that uses a guidance and planning system to deliver treatment that shrinks uterine fibroids without cutting or suturing.
FemTechHealthtechMedical Devices
Co-investorsSucSEED Indovation
MSME supply-chain digitization software
Plus91 builds digital health infrastructure platforms that connect hospitals, clinics, diagnostics networks, public health programs, and AI systems into unified care environments.
AI & Machine LearningDigital HealthHealthtech
Affordable computers for everyone
Tessol provides cold-chain shipping systems for secondary distribution that keep delivery vehicles at controlled temperatures (-25°C to +25°C) using engine-independent phase change material technology, suited for multi-drop deliveries of goods like ice cream and chocolates.
CleantechFoodTechLogistics & Supply Chain
Co-investors1CrowdAnkur CapitalMela Ventures
K-12 experiential STEM learning
Zipgrid provides a fully integrated managed services platform for residential and commercial societies and associations, handling finance, compliance, administration, tax, and technology needs.
Enterprise SoftwareFintechPropTechSaaS
Jaydip Popat(Founder & CEO)in
Portfolio news
latest coverage across their companiesAdiabatic · entrepreneur.economictimes.indiatimes.com · Aug 5, 2026
Biomoneta · trysignalbase.com · Mar 24, 2026
Frequently asked questions
- How many investments has Malpani Ventures made?
- Malpani Ventures has 19 tracked investments.
- What stage does Malpani Ventures invest at?
- Malpani Ventures invests at the Seed, Series A stages.
- What is Malpani Ventures's typical check size?
- Malpani Ventures typically writes checks of $500K – $1.3M.
- What sectors does Malpani Ventures focus on?
- Malpani Ventures focuses on Sector Agnostic.
- Where is Malpani Ventures located?
- Malpani Ventures is headquartered in Mumbai, IN.
- Does Malpani Ventures lead rounds?
- Yes, Malpani Ventures leads investment rounds.
- Who does Malpani Ventures co-invest with?
- Malpani Ventures most often shares deals with 1Crowd, Ankur Capital, Beyond Next Ventures, among 6 tracked co-investors.
Media · Podcasts & interviews
featuring the team
Incubating Dreams | Dr. Aniruddha Malpani @ Malpani Ventures - YouTube
Founder Thesis · Dr. Aniruddha Malpani · youtube.com

Founder Thesis feat. Dr. Aniruddha Malpani of Malpani Ventures. - YouTube
The Podium · Dr. Aniruddha Malpani · youtube.com
MV Clips | Deep Dive | Finding Frugal Founders
Malpani Ventures
MV Clips | Deep Dive | Simplify your pitch
Malpani Ventures
MV Clips | Masterclass 02 | Founder Vesting & Legal Guardrails:
Malpani Ventures
MV Clips | Masterclass 02 | What is Anti-Dilution?
Malpani Ventures
Images
Co-investors · 1
An early-stage investment ecosystem that connects entrepreneurs with angel investors and institutional capital. Venture Catalysts organizes pitch events, provides deal screening and due diligence support, and facilitates syndicated investments across multiple sectors.
Firms observed investing alongside Malpani Ventures, from public investor directories. Shared companies are the overlap with Malpani Ventures's recorded portfolio.
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