List of Top 8 Fintech Investors in India

We live in a time where fintech is taking over the world. Technology has always given us a revolutionary shape in all areas, now it’s Fintech’s turn. India has become a hub for startups. More and more people are showing interest in becoming entrepreneurs. Fintech startups are witnessing immense growth in the country and currently there are over 2,100 fintech companies in India. According to reports, the fintech market in India is expected to reach $150-160 billion by 2025.

Now any type of business needs funds to function, without funds a business cannot survive. The fintech industry is booming with new business ideas and opportunities alike. Now fintech startups are experiencing growth and one of the main reasons are the investors. They provide these startups with the necessary funds their business needs. In this article, we are going to talk about the different investors in India investing in fintech startups. So, without further ado, let’s get started.

“FinTech is not just a enabler, but the driving force” – Pierre Gramegna

How do fintech founders plan to dominate the Indian bond market?

height capital
flower ventures
better capital
Kalaari capital
India Quotient
Prime Venture Partner
Pravega Ventures
Titan capital

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

height 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, 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 largest investors in India. Founded in 2002 by Ravi Adusumalli, the company has never looked back, backing some of the biggest fintech startups in India. Some of the popular Indian fintech startups funded by this venture capital firm are PayTm, FamPay, Uni, Jodo Anthem, Aye Finance, Acko and more.

flower ventures

Founders – 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

Established in 2010, this Mumbai-based investment firm has demonstrated its understanding by investing in some of the seed stage and early seed stage startups across all industries. The venture capital company has participated in more than 175 financing transactions. Some of the Indian fintech companies Instamojo, Turtlemint, Slice, Zopper, Kaleidofin, Unicoin, Smallcase and more. Blume Ventures is one of the most popular venture capital firms in India that has invested generously in some of the most popular fintechs in India.


Startups funded by Blume Ventures

Blume Ventures invests in subsequent rounds of funding for Funds I, IA and II portfolio startups. They have invested in Unacademy, Dunzo and 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 was founded by Vaibhav Domkundwar and the company focuses on building and investing in promising companies. This India-based venture capital firm has shown interest in fintech startups from the start. Better Capital’s investment portfolio includes more than 200 companies, 40 of which are fintech-related. 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 founded by a woman, Vani Kola. The capital city of Kalaari is headquartered in Bengaluru. Founded in 2006, the investment firm is mainly looking for promising early seed-stage startups from different sectors to invest in. Kalaari Capital has invested in companies such as Threedots, Upstox, Toffee Insurance, AffordPlan, WeRize and other fintech startups.

India Quotient

Founders – 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 and investing in early-stage companies. The company focuses on multiple sectors including fintech, edtech, B2B sectors dealing with fintech, healthcare technology, SaaS, consumer brands and others. The company’s head office is in Mumbai. The company has invested in more than 70 deals, including 9 related to fintech startups. Some of the popular fintech startups that the company has invested in are Lendingkart, LoanTap, Upwards, Propelld and more.

Prime Venture Partner

Founders – 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 2011 and since then has funded many fintech startups. The company was founded by Amit Somani, Sanjay Swamy and Shripati Acharya and is headquartered in Bengaluru. The company has also invested in the edtech, SaaS, and healthcare space. Some of the big fintech startups that Prime Venture Partners has invested in are Niyo, AffordPlan, KredX, Knight FinTech and more.

Pravega Ventures

Founders – 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 company’s head office is in Delhi. Pravega Ventures has contributed to more than 26 financing deals to date. The venture capital firm focuses on technology-related startups, which includes fintech. It has invested in fintech startups such as ePayLater, Flexmoney, Mintoak, MyShubhLife and more.

Titan capital

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Founders – 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 headquartered in Gurugram. The most interesting thing is that the company was founded by Kunal Bahl and Rohit Bansal, the founders of Snapdeal. The company focuses on financing startups in the seed and pre-seed phase. It was founded in 2015 and since then Titan Capital has participated in many financing deals related to different sectors of startups. Titan Capital has invested in fintech startups such as LogiPe, Jupiter, Credgencies, Razorpay, Tinkerr, Astu Credit and more.

Conclusion

Investment is necessary for any type of business. Investors willingly provide companies they need with the funds necessary to be potential. Fintech startups are growing in number in India and it seems like this is just the beginning of the real game. Of course, investors also want to invest in fintech startups as financial services have become an important need and the market is growing quite fast. Over time, many other venture capital firms will also invest heavily in fintech startups.

frequently asked Questions

What is fintech?

Financial Technology is abbreviated as FinTech and includes companies that use technology to provide financial services.

How many fintech startups are there in India?

As of 2022, there are more than 2100 fintech startups in India.

What Are Some Fintech Investors In India?

Some of the fintech investors in India are:

  • height capital
  • flower ventures
  • better capital
  • Kalaari capital
  • India Quotient
  • Prime Venture Partner
  • Pravega Ventures
  • Titan capital