RadarInvestors › B2C E-Commerce investors in Ahmedabad

B2C E-Commerce investors in Ahmedabad

125 investors have funded 39 B2C E-Commerce companies head-officed in Ahmedabad, across 170 rounds (Mar 2012 – Mar 2026). They are ranked by how many Ahmedabad companies in this market they have actually backed.

"In Ahmedabad" describes the companies, not the investor: most of the money in any city comes from somewhere else, and the Where the money comes from section below shows exactly where it came from here.

125Investors
39Companies funded
170Rounds
$404.1MDisclosed round value
27Active in last 2 years

The investors

Ranked by companies backed in this market and city, then by round count. "Led" counts rounds recorded with this investor as lead.

#InvestorBased inStages here CompaniesRoundsLed LatestPortfolio total
1 Venture Catalysts Mumbai, India Series BSeed 4 4 2 Aug 2025 325
2 Gujarat Venture Finance Ahmedabad, India Series ASeed 3 4 4 Nov 2025 73
3 100Unicorns Mumbai, India SeedSeries ASeries B 2 6 2 Oct 2023 166
4 Veda Earth Series A 2 4 3 Jan 2021 2
5 Brand Capital Mumbai, India Seed 2 3 1 Jan 2018 251
6 We Founder Circle Mumbai, India SeedSeries B 2 2 1 Aug 2024 186
7 Titan Capital Gurugram, India Seed 2 2 2 Oct 2021 222
8 GSV Surat, India Seed 2 2 1 Jan 2019 83
9 Gruhas Bengaluru, India Seed 2 2 1 Feb 2024 59
10 IVY Growth Associates Surat, India SeedSeries B 2 2 Aug 2024 38
11 BeyondSeed Singapore, Singapore Seed 2 2 2 Sep 2025 19
12 National Design Business Incubator Ahmedabad, India Seed 2 2 2 Mar 2022 7
13 Believe Singapore, Singapore Series B 2 2 2 Nov 2022 3
14 Equanimity Investments Mumbai, India SeedSeries ASeries B 1 5 2 Jun 2024 28
15 Evolvence India Mumbai, India Series B 1 3 3 Jun 2024 20
16 Igfa Ventures Ahmedabad, India Seed 1 3 3 May 2024 1
17 Beenext Singapore, Singapore Seed 1 2 2 Aug 2022 226
18 Rainmatter Bengaluru, India Seed 1 2 2 Jan 2023 135
19 Sixth Sense Ventures Mumbai, India Series A 1 2 2 Jul 2023 58
20 Sauce Delhi, India Seed 1 2 1 Nov 2025 34
21 Texport Industries Mumbai, India Seed 1 2 1 Aug 2022 51
22 Edelweiss Mumbai, India Series BSeries C 1 2 1 Aug 2025 16
23 Marwah Steels Mumbai, India Seed 1 2 Aug 2022 14
24 Growth Sense Akola, India Seed 1 2 Sep 2025 16
25 Spotlight Consultants Mumbai, India SeedSeries A 1 2 Feb 2022 14
26 Fluid Ventures Gurugram, India Seed 1 2 1 Feb 2024 10
27 Emami Group Kolkata, India Series A 1 2 2 Dec 2020 6
28 Sangam Bhilwara, India Seed 1 2 2 Jan 2023 4
29 Games24x7 Mumbai, India SeedSeries B 1 2 1 Aug 2024 1
30 Alteria Capital Mumbai, India Series B 1 1 Dec 2022 195
31 3one4 Capital Bengaluru, India Series B 1 1 Jul 2025 134
32 MassChallenge Boston, United States Seed 1 1 1 May 2014 254
33 Village Capital Washington, DC, United States Seed 1 1 Feb 2024 209
34 Anicut Capital Chennai, India Seed 1 1 Nov 2025 133
35 DSG Consumer Partners Ebene City, Mauritius Seed 1 1 1 May 2024 80
36 100X.VC Mumbai, India Seed 1 1 1 Oct 2023 184
37 India Accelerator Gurugram, India Seed 1 1 1 May 2020 144
38 Innoven Capital Mumbai, India Series B 1 1 Dec 2022 113
39 JITO Incubation & Innovation Foundation Mumbai, India Seed 1 1 Feb 2024 78
40 WaterBridge Delhi, India Seed 1 1 1 Dec 2021 39
41 WEH Ventures Mumbai, India Seed 1 1 Dec 2021 32
42 Italica Mumbai, India Seed 1 1 Mar 2018 45
43 Vista Business Ventures Mumbai, India Seed 1 1 Mar 2018 40
44 Dholakia Ventures Surat, India Seed 1 1 Oct 2023 53
45 Pontaq London, United Kingdom Seed 1 1 48
46 Upaya Social Ventures Seattle, United States Seed 1 1 1 Mar 2024 42
47 EvolveX Accelerator Mumbai, India Seed 1 1 1 Jul 2023 31
48 Thapar Vision Pune, India Seed 1 1 Jul 2021 36
49 Insitor Partners Singapore, Singapore Series A 1 1 1 May 2021 25
50 RPSG Capital Ventures Gurugram, India Seed 1 1 1 Nov 2025 23
51 Alkemi Growth Capital Delhi, India Series A 1 1 1 May 2021 22
52 Shakun Advisors Mumbai, India Seed 1 1 Feb 2024 30
53 Negen Capital PMS Mumbai, India Series A 1 1 1 Mar 2023 17
54 Risewell Housing Kolkata, India Seed 1 1 Aug 2025 20
55 Mirabilis Investment Trust Bengaluru, India Series C 1 1 Aug 2025 17
56 Katapult Ocean Oslo, Norway Seed 1 1 1 Nov 2019 21
57 Enrission India Capital Seed 1 1 Nov 2025 21
58 Waveform Venture Gurugram, India Seed 1 1 Dec 2021 18
59 Xponentia Capital Mumbai, India Series A 1 1 1 Aug 2021 12
60 Eagle10 Ventures Bengaluru, India Series B 1 1 Aug 2024 10
61 DevX Ahmedabad, India Seed 1 1 1 Jul 2023 10
62 Aargus Mumbai, India Seed 1 1 1 Jul 2017 12
63 Shuru Up Ahmedabad, India Seed 1 1 1 Feb 2024 10
64 Growth91 Akola, India Seed 1 1 Feb 2024 11
65 Lenskart Gurugram, India Seed 1 1 1 Sep 2024 9
66 Evolvence Equity Partners Series C 1 1 Aug 2025 8
67 Blue Treasuries Mumbai, India Seed 1 1 Oct 2021 10
68 Illuminati Clan Seed 1 1 Dec 2022 10
69 Vsure Investment Affairs Navi Mumbai, India Seed 1 1 1 Feb 2024 6
70 Modak Vyapaar Seed 1 1 Feb 2024 8
71 Radix Mumbai, India Series A 1 1 May 2021 4
72 Filter Capital Mumbai, India Series B 1 1 1 Jul 2025 6
73 Capwise Mumbai, India Seed 1 1 1 Feb 2024 6
74 Touchstone Group Raipur, India Seed 1 1 Aug 2025 7
75 Gujarat University Startup and Entrepreneurship Council Ahmedabad, India Seed 1 1 1 Jul 2021 8
76 Hathor Corporate Advisors Thane, India Seed 1 1 Feb 2024 7
77 Franchise India Delhi, India Seed 1 1 1 Oct 2016 5
78 Logx Ventures Bengaluru, India Seed 1 1 Jul 2024 5
79 Karnavat Commercials Mumbai, India Seed 1 1 Aug 2022 6
80 Edelweiss Asset Management Mumbai, India Series B 1 1 Dec 2022 5
81 Edelweiss Discovery Fund Series B 1 1 Feb 2023 6
82 Abr Entrepreneur Mumbai, India Seed 1 1 Oct 2023 5
83 3 Peaks Ventures Surat, India Seed 1 1 Oct 2023 4
84 Vatvistaar Ventures Seed 1 1 Feb 2024 4
85 PV Services Mumbai, India Seed 1 1 Mar 2018 4
86 Unitve Ventures Ahmedabad, India Seed 1 1 Jul 2023 4
87 Tiw Systems Ahmedabad, India Seed 1 1 1 Oct 2021 3
88 Risify Mumbai, India Seed 1 1 1 Aug 2025 3
89 Pivot Family V6 Trust Seed 1 1 Oct 2021 3
90 Badami Investments Seed 1 1 Oct 2023 3
91 Pure Capital Seed 1 1 1 Aug 2022 3
92 Mahati Electrics Pune, India Seed 1 1 Feb 2024 2
93 Innovation Capital Delhi, India Seed 1 1 Mar 2024 2
94 Victora Group Faridabad, India Seed 1 1 1 Jul 2021 2
95 J G Enterprise Ahmedabad, India Seed 1 1 1 May 2022 2
96 Spotlight Capital Mumbai, India Seed 1 1 Feb 2022 2
97 Shreeyansh Edutrade Seed 1 1 1 Mar 2026 2
98 Foolproofvyapaar Seed 1 1 1 Mar 2012 1
99 Midas Partners Series C 1 1 Aug 2025 1
100 Vohera Securities Seed 1 1 1 Mar 2012 1

Showing the top 100 of 125. Search the full investor set →

Where the money comes from

Head office of the investors on this page.

Mumbai, India34
Ahmedabad, India11
Bengaluru, India7
Delhi, India6
Gurugram, India6
Singapore, Singapore4
Surat, India4
Kolkata, India2
Chennai, India2
Akola, India2

Stages funded here

Rounds by stage — where in a company's life this money arrives.

Seed123
Series B22
Series A20
Series C5

Round sizes

Total disclosed size of each round, not one investor's share.

<$1M97
$1M-$5M29
$5M-$20M20
$20M-$100M6

Deals per year

How active this market has been.

20151
20163
20174
201812
20194
20203
202126
202230
202319
202432
202525
20261

The companies they funded

B2C E-Commerce companies head-officed in Ahmedabad that took money from these investors.

CompanyBackersRounds DisclosedLatest round
Stroom
stroom.in
18 19 $5.9M Seed Mar 2026
Renee Cosmetics
reneecosmetics.in
17 28 $264M Series C Aug 2025
PROTOUCH
protouchskin.com
12 13 $11.6M Seed Nov 2025
Bummer
bummer.in
11 15 $5.7M Seed Feb 2024
Joyspoon
joyspoon.in
8 8 $2.4M Seed Aug 2025
UberUrban
uberurban.in
7 7 $3.3M Seed Mar 2012
CricHeroes
cricheroes.com
6 7 $1.1M Series B Aug 2024
WeHear
wehearglobal.com
5 5 $2M Seed Oct 2024
Inner Sense
innersense.co.in
5 5 $1.9M Seed Mar 2018
R for Rabbit
rforrabbit.com
4 4 $32.3M Series B Jul 2025
BabyOrgano
babyorgano.com
4 5 $5.8M Seed Nov 2025
Medkart
medkart.in
3 3 $16.2M Series A May 2021
Iba Cosmetics
ibacosmetics.com
3 4 $16M Series B Nov 2022
Ecotrail Personal Care
ecotrailpersonalcare.com
3 5 $7.7M Series B Sep 2022
OTU India
otuindia.com
3 5 $2.8M Seed Jan 2023
Downtown
thedowntown.club
3 3 $2.7M Seed Dec 2021
Dermatouch
dermatouch.com
3 5 $1.8M Seed Mar 2025
Tiny Mighty
tinymighty.in
2 2 $587.2K Seed Jul 2017
Saathi
saathipads.com
2 2 $150K Seed Nov 2019
The Beauty Co
thebeautyco.in
2 2 $63.1K Seed Jan 2019
EV India
evindia.online
2 2 $25.2K Seed Jul 2023
JUSTDOGS
justdogsstore.com
1 2 $9.4M Series A Jul 2023
Brillare
brillare.co.in
1 2 $5.1M Series A Dec 2020
SaleBhai
salebhai.com
1 2 $1.4M Seed Jan 2018
ICON
icon.in
1 1 $1.2M Seed May 2024
Infoline
infoline.com
1 1 $1.2M Seed Nov 2014
The Kettlery
thekettlery.in
1 1 $1M Seed Oct 2016
JollyFood Fellow
jollyfoodfellow.com
1 1 $301K Seed Aug 2015
Bare Body Essentials
barebody.in
1 1 $224.7K Seed May 2021
JobSquare
jobsquare.com
1 1 $140.7K Seed Dec 2019
OneHop
onehop.in
1 1 $35.2K Seed Sep 2018
Perfumery
perfumery.co.in
1 1 $30K Seed Feb 2016
Sarausi
sarausi.com
1 1 $19.6K Seed Feb 2020
Recycle
recycle.green
1 1 Seed May 2020
Passdn Technologies
passdn.com
1 1
See Sow
seesowkids.com
1 1 Seed Mar 2022
Bandhu
bandhu.work
1 1 Seed Feb 2024
Cricstudioinc
cricstudioinc.com
1 1 Seed Mar 2024
Amounee
amounee.com
1 1 Seed Mar 2024

Most recent deals

DateInvestorCompanyStageRound size
Mar 2026 Shreeyansh EdutradeLED Stroom Seed $108.1K
Nov 2025 Sauce BabyOrgano Seed $2.4M
Nov 2025 RPSG Capital VenturesLED BabyOrgano Seed $2.4M
Nov 2025 Gujarat Venture FinanceLED PROTOUCH Seed $2M
Nov 2025 Enrission India Capital PROTOUCH Seed $2M
Nov 2025 Anicut Capital PROTOUCH Seed $2M
Sep 2025 BeyondSeedLED Stroom Seed $477.5K
Sep 2025 Satrangi Fashions Stroom Seed $477.5K
Sep 2025 Udyamvistaar Ventures Stroom Seed $477.5K
Sep 2025 Mindtrove Stroom Seed $477.5K
Sep 2025 Bhalala Vemtures Stroom Seed $477.5K
Sep 2025 Growth Sense Stroom Seed $477.5K
Aug 2025 Midas Partners Renee Cosmetics Series C $5.8M
Aug 2025 Edelweiss Renee Cosmetics Series C $5.8M
Aug 2025 Evolvence Equity Partners Renee Cosmetics Series C $5.8M
Aug 2025 PlaybookLED Renee Cosmetics Series C $5.8M
Aug 2025 Mirabilis Investment Trust Renee Cosmetics Series C $5.8M
Aug 2025 Touchstone Group Joyspoon Seed $412K
Aug 2025 Venture Catalysts Joyspoon Seed $412K
Aug 2025 BeyondSeedLED Joyspoon Seed $412K

Related lists

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