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The Gujarat edition · 2026

Venture capital fundscompanies in Gujarat

VC firms, accelerators, angels & family offices, sector focused, startups and more: the companies building venture capital funds in Gujarat, with their founders, funding, team size and business models.

Explore in Radar See the ranked list ↓
48 company profiles7 with reported revenue0 with recorded fundingOctober 2026 edition

Recent venture capital funds business events in India

Funding, M&A, contract wins and launches involving 1,114 venture capital funds companies in India, last 24 months: 42 M&A deals · 27 Contracts · 17 funding rounds · 12 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingFund II

Mela Ventures

Mela has secured approval for a second fund targeting ₹600 crore, along with a ₹400 crore greenshoe option.

Investors Domestic family offices, Institutions, Development finance organisations
Venture capital / deeptech
M&AAcquisition · Announced

Jsw group acquires Mg motor india

JSW Group acquires an additional 10% stake in MG Motor India from SAIC.

Automotive
M&AAcquisition · Announced

Jsw group acquires JSW MG Motor India

China's SAIC Motor is selling another 10% stake in JSW MG Motor India to the JSW Group. With this, JSW will become the biggest shareholder in the company.

Automotive
M&AAcquisition · Completed

Elevation capital acquires One97 communications

Elevation Capital V Limited has made a sale of equity shares of One97 Communications Limited (parent company of PayTM) on the NSE and BSE for an aggregate consideration of ₹963.6 crore.

M&AAcquisition · Completed

Dymon Asia acquires Peak xv partners

Florintree, Viridian Asset Management, Dymon Asia and Karma Capital have bought stakes from Peak XV.

Venture Capital
M&AAcquisition · Completed

Karma capital acquires Peak xv partners

Florintree, Viridian Asset Management, Dymon Asia and Karma Capital have bought stakes from Peak XV.

Venture Capital
M&AAcquisition · Completed

Florintree acquires Peak xv partners

Peak XV Partners has sold around 61 lakh shares, about 7.7 per cent of the company share capital, at an average sale price of Rs 214 share apiece. The total deal size is close to Rs 130…

Venture Capital
M&AAcquisition · Completed

Viridian Asset Management acquires Peak xv partners

Florintree, Viridian Asset Management, Dymon Asia and Karma Capital have bought stakes from Peak XV.

Venture Capital
M&AAcquisition · Completed

Peak xv partners acquires Mobikwik

Peak XV Partners has sold a $13.8 million stake in Indian fintech company MobiKwik, marking another step in the venture firm's gradual liquidity strategy across its portfolio.

Fintech
LaunchGen Alpha Decoded: The Consumer-Brand Dynamic

Rukam capital

Commenting on the launch of the report, Archana Jahagirdar, Founder and Managing Partner, Rukam Capital, said…

FundingPre-seed and seed

Cloud capital

Cloud Capital Raises $7.7 mn Cloud Capital, a SaaS-based cloud financial management platform, raised $7.7 million in combined pre-seed and seed funding led by Connect Ventures, Backed…

Investors Connect ventures, Backed Ventures, Middlegame ventures
SaaS
M&AAcquisition · Announced

Jaipur Capital acquires Burdaluxury

Burda Media has sold BurdaLuxury, its Southeast Asia media business, to Singapore-based investment firm Jaipur Capital, with the transaction effective 31 March 2026.

Content marketing
M&AAcquisition · Announced

Jaipur Capital acquires Burdaluxury

Mumbai: Burda Media has announced the sale of its Southeast Asia-based media business, BurdaLuxury, to Jaipur Capital, marking a strategic shift in its global portfolio and regional…

Media
ContractSupply

Texmaco rail & engineering · client: Jsw group

Texmaco Rail & Engineering Ltd on Tuesday announced that it has secured an order worth ₹357.11 crore from the JSW Group for the manufacture and supply of railway wagons and rakes.

Rail Freight
M&AAcquisition · Completed

Wondrlab Network acquires Neon

In 2022. The group ... acquired … performance marketing agency Neon...

Performance marketing
FundingSeed

3one4 capital

3one4 Capital Azista Food and Agriculture > Food & Beverage Products Telangana $551K Grant IN-SPACe

Investors Grant IN-SPACe
Food and Agriculture > Food & Beverage Products
LaunchUpNext

Inc42

Inc42, in collaboration with StarAgri, is launching UpNext, a nine‑part deep‑dive series exploring the startups actively rewiring India’s new agri economy.

LaunchGolden Ticket program

All in capital

All In Capital has launched its Golden Ticket program, selecting 20–30 early-stage Indian AI startups for pre‑seed funding, mentorship, and extended exposure to the Silicon Valley ecosystem.

FundingThird private credit fund close

Anicut capital

Alternative investment firm Anicut Capital has closed its third private credit fund, Grand Anicut Fund IV (GAF-IV), at INR 1,275 crore.

Private credit / Alternative finance
LaunchChiratae Sonic 2024

Chiratae ventures

Chiratae Ventures, a leading Indian venture capital firm, has announced the launch of the 2024 cohort of its flagship seed investment initiative, Chiratae Sonic.

Seed investment program
Launch

Speciale invest

Venture capital firm Speciale Invest is launching a new investment vehicle that will focus on Series A and later-stage rounds, thereby marking a strategic shift from its long-standing…

Financial services
M&AAcquisition · Announced

Rpsg ventures acquires FSP Design Private Limited

5 months ago Sanjiv Goenka’s RPSG Ventures has approved a deal to acquire 40 per cent of luxury fashion label FSP Design at an enterprise value of Rs 455.17 crore with a cash consideration.

Luxury fashion label
Contract

Sidbi venture capital · client: IN-SPACe

The Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the Small Industries Development Bank of India (SIDBI) have signed a Contribution Agreement to operationalize…

Space
Funding

Redstart labs

Info Edge’s board has approved an investment of INR 100 Cr in its wholly owned subsidiary, Redstart Labs to meet Redstart’s capital needs, fund potential investments and cover general…

Investors Info edge
M&AAcquisition · Completed

Prosus acquires Peak xv partners

Peak XV Partners sold its 3.16% stake for Rs 399 crore.

Investment firm
M&AAcquisition · Completed

Prosus acquires Elevation capital

Elevation Capital sold 3.27% for about Rs 438 crore, and now retains roughly 2.4% in Ixigo.

Investment firm
Contract

Elevation capital · client: Jeh aerospace

In August 2025, the company raised $11 million in a funding round led by Elevation Capital, with participation from existing backer General Catalyst.

Funding
LaunchSurge 11

Peak xv partners

Peak XV Partners has announced the 11th edition of Surge, its scale-up program designed for early-stage founders.

Scale‑up program for early‑stage founders
FundingSeed

Entrackr

Entrackr exclusively reported about the company’s Seed funding in June this year.

Funding

Venture catalysts

Venture Catalysts, a multi-stage venture investing platform, sold an equal number of primary and secondary shares to raise Rs 150 crore, or about $18 million.

Investors Shah Rukh Khan family office, Ashish Kacholia and group, Authum Investments, Aishwarya Rai
Venture Capital

Venture capital funds companies in Gujarat, by funding and team

Few venture capital funds companies in Gujarat publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 48 companies below lead on recorded funding and team size among 48 active companies.

Showing 25 of 48

Venture capital firm focused on early-stage investments

Venture capital funds
—None recorded
1,172-94% vs previous recordrecorded
Commission on transaction / Fee-for-service
5 yr2021
—No postings tracked

Sector-agnostic accelerator & venture capital firm

Angel networks
—None recorded
72+34% vs previous recordLinkedIn · Jul 2026
Advertising / Donations
6 yr2020
0none in 3 months

Venture capital investment firm

Venture capital funds
—None recorded
49LinkedIn · Jul 2026
E-commerce - product / E-commerce - service
23 yr2003
0none in 3 months

Venture capital fund and accelerator focused on early-stage tech startups

Accelerators & incubators
—None recorded
142LinkedIn · Jul 2026
Fee-for-service
19 yr2007
0none in 3 months · last posted Jun 2026

Venture capital firm backed by Claris Lifesciences Limited

Venture capital funds
—None recorded
10LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
11 yr2015
0none in 3 months

Venture capital fund and accelerator focused on early-stage tech startups

Accelerators & incubators
—None recorded
4LinkedIn · Jul 2026
Fee-for-service
3 yr2023
0none in 3 months

Venture capital and private equity firm

Venture capital funds
—None recorded
2LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
4 yr2022
0none in 3 months

Platform offering guidance and investment opportunities to startups

Venture capital funds
—None recorded
7LinkedIn · Jul 2026
Subscription
16 yr2010
—No postings tracked

An impact-focused venture capital fund that helps startups in rural economies

Venture capital funds
—None recorded
37LinkedIn · Jul 2026
Fee-for-service
2 yr2024
0none in 3 months

Venture capital fund focused on tech startups

Venture capital funds
—None recorded
17LinkedIn · Jul 2026
Fee-for-service
9 yr2017
0none in 3 months

Early-stage VC firm

Venture capital funds
—None recorded
3LinkedIn · Jul 2026
Fee-for-service
7 yr2019
0none in 3 months

Venture capital fund focused on the sustainability and clean energy sector

Venture capital funds
—None recorded
3LinkedIn · Jul 2026
Fee-for-service
13 yr2013
—No postings tracked

Venture capital fund investing in tech sectors

Venture capital funds
—None recorded
—Not available
Fee-for-service
12 yr2014
—No postings tracked

Single family office of Dr. Mayur Desai

Single family offices
—None recorded
6LinkedIn · Jul 2026
Fee-for-service
4 yr2022
—No postings tracked

Venture capital fund focused on early-stage startups

Venture capital funds
—None recorded
—Not available
Fee-for-service
6 yr2020
0none in 3 months

Venture capital firm and incubator focused on decentralized finance, NFT, and Web3 projects

Venture capital funds
—None recorded
51LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
11 yr2015
—No postings tracked

Venture capital focused on seed stage investments

Venture capital funds
—None recorded
—Not available
Commission on transaction / Fee-for-service
6 yr2020
—No postings tracked

Venture capital-backed incubator focused on blockchain startups

Venture capital funds
—None recorded
—Not available
Advertising / Commission on transaction
5 yr2021
—No postings tracked

Venture capital fund focused on early-stage SaaS companies

Venture capital funds
—None recorded
2LinkedIn · Jul 2026
Commission on transaction / E-commerce - service
4 yr2022
0none in 3 months

Venture capital firm focused on early-stage companies

Venture capital funds
—None recorded
—Not available
Fee-for-service
10 yr2016
0none in 3 months

Early-stage venture capital investment fund

Venture capital funds
—None recorded
3LinkedIn · Jul 2026
Fee-for-service
6 yr2020
—No postings tracked

Venture capital firm focused on multiple sectors

Venture capital funds
—None recorded
1LinkedIn · Jul 2026
Advertising / Commission on transaction
11 yr2015
—No postings tracked

Venture capital firm focuses on angel investments and startup funding

Venture capital funds
—None recorded
1LinkedIn · Jul 2026
Fee-for-service
2 yr2024
—No postings tracked

Corporate backed venture capital fund focused on fintech, consumer, healthcare, and multiple sectors

Venture capital funds
—None recorded
10LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
11 yr2015
0none in 3 months

Venture capital investment fund

Venture capital funds
—None recorded
—Not available
Fee-for-service
2 yr2024
0none in 3 months
48 of 48 companies shown here · the full list is on Radar
Fliar Radar

Explore all 48 venture capital funds companies in Gujarat on Radar

This page shows the top 48. Radar has the complete, filterable list with contacts and live company signals.

Open venture capital funds in Gujarat on Radar
  • Every company, not just 50All 48 venture capital funds companies in Gujarat, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
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Explore venture capital funds companies in Gujarat by what you are looking for

Browse venture capital funds in Gujarat, from conventional VC firms to accelerators, incubators and angel networks. Find top venture capital firms and venture capital funding for startups in Gujarat.

5 ways to explore venture capital funds in Gujarat

Venture capital firms & fundsAccelerators, incubators & startup studiosAngel networks & single family officesSector-focused & corporate venture fundsVenture capital funds startups in Gujarat

Venture capital firms & funds

Independent and conventional venture capital funds investing in early-stage companies.

  1. Claris Capital

    Corporate backed venture capital fund focused on fintech, consumer, healthcare, and multiple sectors

    Venture capital funds
    See in list
  2. IIFL Fintech Fund

    Venture capital firm focused on early-stage investments

    Venture capital funds
    See in list
  3. We Founder Circle

    Sector-agnostic accelerator & venture capital firm

    Angel networks
    See in list
  4. Incube Ventures

    Platform offering guidance and investment opportunities to startups

    Venture capital funds
    See in list
  5. Sri Venture Partners

    Venture capital investment firm focusing on technology and innovation

    Venture capital funds
    See in list
19 companies in GujaratAll 35 venture capital funds companies in Gujarat →

Accelerators, incubators & startup studios

Programs that incubate and accelerate startups alongside investing in them.

  1. IIMA Ventures

    Venture capital fund and accelerator focused on early-stage tech startups

    Accelerators & incubators
    See in list
  2. Incube Ventures

    Platform offering guidance and investment opportunities to startups

    Venture capital funds
    See in list
  3. TK Ventures

    Venture capital firm and incubator focused on decentralized finance, NFT, and Web3 projects

    Venture capital funds
    See in list
  4. AAD Ventures

    Venture capital-backed incubator focused on blockchain startups

    Venture capital funds
    See in list
  5. We Founder Circle

    Sector-agnostic accelerator & venture capital firm

    Angel networks
    See in list
5 companies in Gujarat

Angel networks & single family offices

Angel investor networks and family offices that back founders directly.

  1. We Founder Circle

    Sector-agnostic accelerator & venture capital firm

    Angel networks
    See in list
  2. Desai Ventures

    Single family office of Dr. Mayur Desai

    Single family offices
    See in list
  3. Zed Capital

    Investment firm that focuses on supporting entrepreneurs

    Venture capital funds
    See in list
  4. Anamaya Capital

    Private equity and secondary market fund focused on multiple sectors

    Venture capital funds
    See in list
  5. Claris Capital

    Venture capital firm backed by Claris Lifesciences Limited

    Venture capital funds
    See in list
5 companies in GujaratAll 112 angel networks companies in India →

Sector-focused & corporate venture funds

Funds focused on fintech, healthcare, climate, blockchain or backed by a corporate parent.

  1. Claris Capital

    Corporate backed venture capital fund focused on fintech, consumer, healthcare, and multiple sectors

    Venture capital funds
    See in list
  2. IIFL Fintech Fund

    Venture capital firm focused on early-stage investments

    Venture capital funds
    See in list
  3. We Founder Circle

    Sector-agnostic accelerator & venture capital firm

    Angel networks
    See in list
  4. Incube Ventures

    Platform offering guidance and investment opportunities to startups

    Venture capital funds
    See in list
  5. Infuse Ventures

    Venture capital fund focused on the sustainability and clean energy sector

    Venture capital funds
    See in list
19 companies in GujaratAll 35 venture capital funds companies in Gujarat →

Venture capital funds startups in Gujarat

Newer venture capital firms in Gujarat founded in recent years.

  1. IIFL Fintech Fund

    Venture capital firm focused on early-stage investments

    Venture capital funds
    See in list
  2. Volt VC

    Venture capital investment fund

    Venture capital funds
    See in list
  3. Desai Ventures

    Single family office of Dr. Mayur Desai

    Single family offices
    See in list
  4. AAD Ventures

    Venture capital-backed incubator focused on blockchain startups

    Venture capital funds
    See in list
  5. Arigato Capital

    Provider of capital to early-stage startups, focusing on ecosystem development

    Venture capital funds
    See in list
8 companies in Gujarat
The business behind the activity

Venture capital funds financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 7 venture capital funds companies in Gujarat for FY24-25 — 9 of the 48 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 98% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹52.36 cr

7 companies filing accounts

combined net profit−₹6.53 cr

-12.5% aggregate margin

are profitable29%

2 of 7 companies

median revenue~₹7.8 cr

the typical company

median revenue growth+4%

into FY24-25

earned by the top five98%

revenue concentration

Six-year view

Combined revenue of filing companies

₹182.62 crFY19-205 filers
₹143.89 crFY20-216 filers
₹119.74 crFY21-226 filers
₹43.13 crFY22-235 filers
₹42.99 crFY23-246 filers
₹52.36 crFY24-257 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 4 companies over three years

+31%
FY22-23₹30.35 cr−₹27.86 cr net
FY23-24₹25.62 cr−₹38.25 cr net
FY24-25₹39.73 cr₹2.87 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr10% profitable
₹1–10 cr520% profitable
₹10–100 cr1100% profitable
₹100–1,000 cr0—
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking2
0–20%1
20–50%1
50–100%0
Doubled+1

5 companies with accounts for both years; median growth +4%.

Profitability

Profit is concentrated at the top

2profitable
5loss-making
-12.5%aggregate margin
-13.6%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Claris CapitalCLARIS LIMITED+115%₹22.30 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Claris CapitalCLARIS LIMITED20.9%₹22.30 cr
Leaders

Largest venture capital funds companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Claris CapitalCLARIS LIMITED₹22.30 cr₹4.67 cr20.9%+115%
IIFL Fintech FundIIFL FINTECH PRIVATE LIMITED₹8.85 cr−₹9.18 cr-103.8%-8%
We Founder CircleWE FOUNDER CIRCLE PRIVATE LIMITED₹8.58 cr−₹1.16 cr-13.6%+29%
IIMA VenturesCIIE ADVISORS PRIVATE LIMITED₹7.80 cr₹6.01 lakh0.8%+4%
Elluminati VenturesELLUMINATI VENTURES PRIVATE LIMITED₹3.76 cr−₹16.56 lakh-4.4%—
Pandit VenturesPANDIT VENTURES PRIVATE LIMITED₹1.06 cr−₹68.95 lakh-65.3%-8%
Kathyawad VenturesKATHYAWAD HOLDINGS PRIVATE LIMITED₹2.03 lakh−₹5.94 lakh-292.2%—
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Venture capital funds funding and M&A across India

14 recorded equity rounds have gone to 1,114 venture capital funds companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months0

US$0k

raised over five yearsUS$6.73m

6 rounds in India

M&A deals, India42

last 24 months

Capital by year

Equity funding into venture capital funds in India

amount rounds
$709k20181
$1.6m20191
$1.5m20202
$628k20213
$1.4m20222
$4.7m20241

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$4.67m across 1 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$5.78m5 rounds · median US$312k
SeedUS$951k1 rounds · median US$951k
Where the money went · five years

Most-funded sub-sectors

Venture capital fundsUS$6.73m6 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

42Acquisition

Most active acquirers

  1. Jsw group20
  2. Jaipur Capital2
  3. Rpsg ventures2
  4. Prosus2
  5. Hunch ventures2

Most acquired or merged

  1. Peak xv partners5
  2. JSW MG Motor India2
  3. Burdaluxury2
  4. Neon2
  5. Akzonobel2

Each deal appears in the events strip at the top of the page.

Founders and momentum in Gujarat

Meet the people behind venture capital funds companies in Gujarat. 23 of 48 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat venture capital funds companies by sub-sector

The most common specialisations among venture capital funds companies in Gujarat. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring venture capital funds in India and nearby markets.

Coming soon