List of Top 8 Fintech Investors in India

Damini Bhandary Damini Bhandary
Sep 18, 2022 6 min read
List of Top 8 Fintech Investors in India

We are living in an era where fintech is taking over the world. Technology has always given us a revolutionary form in every sector, now it is the turn for fintech. India has become a hub for startups. More and more people are showing their interest in being an entrepreneur. Fintech startups are showing immense growth in the country and as of now, India has over 2,100 Fintech companies. As per reports, by 2025 the fintech market in India is expected to reach $150-160 billion.

Now, any kind of business needs funds to function, without funds, the survival of a business is not possible. The fintech industry is booming with new business ideas and opportunities alike. Now Fintech startups are experiencing growth and one of the prime reasons is the investors. They are providing these startups with the required funds that their business needs. In this article, we will talk about the different investors in India that invest in fintech startups. So, without any further ado, let’s get started.

β€œFinTech is not only an enabler but the driving engine” -Pierre Gramegna

How Fintech Founders are Planning to Dominate the Indian Bond Market?

Elevation Capital
Blume Ventures
Better Capital
Kalaari Capital
India Quotient
Prime Venture Partners
Pravega Ventures
Titan Capital

Number of Investments in Fintech in India by Deal Count (2018-2022)
Number of Investments in Fintech in India by Deal Count (2018-2022)

Elevation Capital

Founder - Ravi Adusumalli

Founded - 2002

Investment Portfolio - PayTm, FamPay, Uni, Jodo Anthem, Aye Finance, Acko

Elevation Capital - Fintech Investors in India
Elevation Capital - Fintech Investors in India

Elevation Capital which is formerly known as SAIF Partners is a venture capital firm known for investing in some of the most popular startups and is one of the biggest investors in India. The company was founded in the year 2002 by Ravi Adusumalli and since then it has never looked back and provided support to some of the biggest fintech startups in India. Some of the popular Indian fintech startups that have received funding from this venture capital firm are PayTm, FamPay, Uni, Jodo Anthem, Aye Finance, Acko, and more.

Blume Ventures

Founder - Karthik Reddy and Sanjay Nath

Founded - 2010

Investment Portfolio - Instamojo, Turtlemint, Slice, Zopper, Kaleidofin, Unicoin, smallcase

Blume Ventures - Fintech Investors in India
Blume Ventures - Fintech Investors in India

This Mumbai-based investment firm, founded in 2010 has been showing its grasp by investing in some of the seed-stage and early-seed-stage startups from all sectors of business. The venture capital firm has participated in more than 175 funding deals. Some of the Indian fintech companies it has invested in are Instamojo, Turtlemint, Slice, Zopper, Kaleidofin, Unicoin, smallcase, and more. Blume Ventures is one of the most popular venture capital firms in India that has generously invested in some of the most popular fintechs in India.


Startups Funded by Blume Ventures
Blume Ventures invests in the subsequent financing rounds of Funds I, IA, and II portfolio start-ups. They have invested in Unacademy, Dunzo, and much more.

Better Capital

Founder - Vaibhav Domkundwar

Founded - 2018

Investment Portfolio - Rupeek, Open, Slice, Jupiter, M2P, Rupify

Better Capital - Fintech Investors in India
Better Capital - Fintech Investors in India

Better Capital is founded by Vaibhav Domkundwar and the firm is focused on building and investing in promising businesses. This India-based, venture capital firm has been showing its interest in fintech startups from the very beginning. Better Capital's investment portfolio includes more than 200 companies among which 40 are related to fintech. The venture capital firm has invested in some of the popular fintech startups like Rupeek, Open, Slice, M2P, Jupiter, Rupify and others.

Kalaari Capital

Founder - Vani Kola

Founded - 2006

Investment Portfolio - Threedots, Upstox, AffordPlan, Toffee Insurance, WeRize

Kalaari Capital - Fintech Investors in India
Kalaari Capital - Fintech Investors in India

Kalaari Capital is a popular Indian Venture Capital firm that is founded by a woman, Vani Kola. The headquarters of the Kalaari Capital is situated in Bengaluru. The investment firm founded in 2006 mainly looks for promising and early seed-stage startups from multiple sectors to invest in. Kalaari Capital has invested in the likes of Threedots, Upstox, Toffee Insurance, AffordPlan, WeRize and other fintech startups.

India Quotient

Founder - Madhukar Sinha and Anand Lunia

Founded - 2012

Investment Portfolio - Lendingkart, LoanTap, Upwards, Propelld

India Quotient - Fintech Investors in India
India Quotient - Fintech Investors in India

The venture capital firm mainly focuses on early-stage businesses and invests in them. The company focuses on multiple sectors including Fintech, Edtech, b2b sectors dealing with fintech, Health-tech, SaaS, consumer brands and others. The headquarters of the company is situated in Mumbai. The company has invested in more than 70 deals and among them, 9 are related to fintech startups. Some of the popular fintech startups that the venture has invested in are Lendingkart, LoanTap, Upwards, Propelld, and more.

Prime Venture Partners

Founder - Amit Somani, Sanjay Swamy and Shripati Acharya

Founded - 2011

Investment Portfolio - Niyo, AffordPlan, KredX, Knight FinTech

Prime Venture Partners - Fintech Investors in India
Prime Venture Partners - Fintech Investors in India

Prime Venture Partners was founded in the year 2011 and since then it has funded many fintech startups. The company was founded by Amit Somani, Sanjay Swamy and Shripati Acharya and the headquarters is situated in Bengaluru. The company has also invested in the sectors of Edtech, SaaS, and health care. Some of the major fintech startups that Prime Venture Partners have invested in are Niyo, AffordPlan, KredX, Knight FinTech, and more.

Pravega Ventures

Founder - Mukul Singhal, Rohit Jain and Vinay Menon

Founded - 2016

Investment Portfolio - ePayLater, Flexmoney, Mintoak, MyShubhLife

Pravega Ventures - Fintech Investors in India
Pravega Ventures - Fintech Investors in India

Another prominent fintech investor in India on the list is Pravega Ventures, founded by Mukul Singhal, Rohit Jain and Vinay Menon. The headquarters of the company is situated in Delhi. Pravega Ventures has contributed to more than 26 funding deals till now. The venture capital firm focuses on tech-related startups which include fintech as well. It has invested in fintech startups like ePayLater, Flexmoney, Mintoak, MyShubhLife, and more.

Titan Capital

Founder - Kunal Bahl and Rohit Bansal
Founded - 2015
Investment Portfolio - LogiPe, Jupiter, Credgencies, Razorpay, Tinkerr, Astu Credit

Titan Capital - Fintech Investors in India
Titan Capital - Fintech Investors in India

Titan Capital is a venture capital firm whose headquarters is situated in Gurugram. The most interesting thing is that the firm is founded by Kunal Bahl and Rohit Bansal who are the founders of Snapdeal. The firm focuses on funding seed-stage and pre-seed-stage startups. It was founded in the year 2015 and since then Titan Capital has participated in many funding deals related to different sectors of startups. Titan Capital has invested in fintech startups like LogiPe, Jupiter, Credgencies, Razorpay, Tinkerr, Astu Credit, and more.

Conclusion

For any kind of business, investment is necessary. Investors willingly provide businesses that they deem to be potential with the needed funds. Fintech startups are growing in numbers in India, and it seems like it’s just the start of the real game. Naturally, investors are also looking to invest in fintech startups as financial services have become an important need and the market is growing quite fast. With time, many other venture capital firms will also start investing generously in fintech startups.

FAQs

What is Fintech?

Financial technology is abbreviated to FinTech and it comprises companies that use technology to offer financial services.

How many fintech startups are there in India?

There are more than 2100 fintech startups in India as of 2022.

What are some Fintech investors in India?

Some of the fintech investors in India are:

  • Elevation Capital
  • Blume Ventures
  • Better Capital
  • Kalaari Capital
  • India Quotient
  • Prime Venture Partners
  • Pravega Ventures
  • Titan Capital

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