65 investors have funded 11 RegTech companies head-officed in Mumbai, across 111 rounds (Jul 2007 – Feb 2026). They are ranked by how many Mumbai companies in this market they have actually backed.
"In Mumbai" 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.
Ranked by companies backed in this market and city, then by round count. "Led" counts rounds recorded with this investor as lead.
| # | Investor | Based in | Stages here | Companies | Rounds | Led | Latest | Portfolio total |
|---|---|---|---|---|---|---|---|---|
| 1 | Texport Industries | Mumbai, India | Seed | 3 | 6 | 1 | Apr 2021 | 51 |
| 2 | Blume Ventures | Mumbai, India | SeedSeries DSeries E+ | 1 | 5 | 3 | Feb 2026 | 317 |
| 3 | RAAY Global Investments | Mumbai, India | Seed | 1 | 4 | — | Dec 2015 | 15 |
| 4 | Wedding Shrinagar Butwal | India | Seed | 1 | 4 | — | Dec 2015 | 1 |
| 5 | Sequoia Capital | Menlo Park, United States | Seed | 1 | 3 | 2 | Dec 2022 | 1,568 |
| 6 | New Enterprise Associates | Menlo Park, United States | SeedSeries A | 1 | 3 | 2 | Aug 2020 | 1,110 |
| 7 | Global Founders Capital | Berlin, Germany | Seed | 1 | 3 | — | Mar 2023 | 563 |
| 8 | Italica | Mumbai, India | Seed | 1 | 3 | — | May 2018 | 45 |
| 9 | Startupxseed Ventures | Bengaluru, India | Seed | 1 | 3 | 2 | Mar 2022 | 23 |
| 10 | VentureNursery | Mumbai, India | Seed | 1 | 3 | — | Dec 2015 | 13 |
| 11 | Peak XV Partners | Bengaluru, India | Seed | 1 | 2 | 1 | Mar 2023 | 406 |
| 12 | QED Innovation Labs | Mumbai, India | Seed | 1 | 2 | 1 | Dec 2022 | 216 |
| 13 | YourNest | Gurugram, India | Seed | 1 | 2 | 2 | May 2018 | 57 |
| 14 | Singapore Angel Network | Singapore, Singapore | Seed | 1 | 2 | 1 | Jun 2019 | 68 |
| 15 | Seedfund | Mumbai, India | Seed | 1 | 2 | 2 | May 2012 | 46 |
| 16 | Artha India Ventures | Mumbai, India | Seed | 1 | 2 | 1 | Jun 2019 | 41 |
| 17 | Dream Incubator | Chiyoda City, Japan | Series A | 1 | 2 | 1 | Aug 2020 | 41 |
| 18 | NB Ventures | Dubai, United Arab Emirates | Series A | 1 | 2 | — | Aug 2020 | 39 |
| 19 | Nava Limited | Hyderabad, India | Series A | 1 | 2 | — | Aug 2020 | 24 |
| 20 | South Yarra Holdings | Seed | 1 | 2 | — | Jun 2019 | 31 | |
| 21 | IndiaMART | Noida, India | Series E+ | 1 | 2 | 1 | Feb 2026 | 15 |
| 22 | Dreamweaver Investments and Business solutions | India | Seed | 1 | 2 | — | Jun 2019 | 10 |
| 23 | Groww | Bengaluru, India | Seed | 1 | 2 | 1 | Mar 2023 | 7 |
| 24 | Amara VC | Seattle, United States | Seed | 1 | 2 | — | Mar 2023 | 5 |
| 25 | Shanaya Chinoy Trust | Seed | 1 | 2 | — | Jun 2019 | 3 | |
| 26 | Firozgar Trust | Seed | 1 | 2 | — | Jun 2019 | 3 | |
| 27 | Fashutanna Trust | Seed | 1 | 2 | — | Jun 2019 | 2 | |
| 28 | Renaissance Pharmaceutical | Mumbai, India | Seed | 1 | 2 | 1 | Jun 2020 | 1 |
| 29 | Harvesp Trust | Seed | 1 | 2 | — | Jun 2019 | 1 | |
| 30 | Beenext | Singapore, Singapore | Seed | 1 | 1 | — | Mar 2015 | 226 |
| 31 | Chiratae Ventures | Bengaluru, India | Seed | 1 | 1 | 1 | Jun 2022 | 155 |
| 32 | Trifecta Capital | Gurugram, India | Seed | 1 | 1 | 1 | Aug 2016 | 171 |
| 33 | 100Unicorns | Mumbai, India | Seed | 1 | 1 | — | Jun 2022 | 166 |
| 34 | Kae Capital | Mumbai, India | Series E+ | 1 | 1 | — | Feb 2026 | 101 |
| 35 | KB Investment | Seoul, South Korea | Series E+ | 1 | 1 | — | Mar 2024 | 182 |
| 36 | 100X.VC | Mumbai, India | Seed | 1 | 1 | 1 | Sep 2020 | 184 |
| 37 | Rocket Internet | Berlin, Germany | Seed | 1 | 1 | — | Jul 2021 | 123 |
| 38 | WestBridge Capital | Quatre Bornes, Mauritius | Series A | 1 | 1 | 1 | Aug 2023 | 88 |
| 39 | Saison Capital | Singapore, Singapore | Seed | 1 | 1 | — | Nov 2021 | 87 |
| 40 | Anthill Ventures | Hyderabad, India | Seed | 1 | 1 | — | Jun 2022 | 60 |
| 41 | Baring Private Equity Partners | Mumbai, India | Series B | 1 | 1 | 1 | Jul 2007 | 50 |
| 42 | HDFC Bank | Mumbai, India | Series D | 1 | 1 | — | Sep 2021 | 47 |
| 43 | DMI Sparkle Fund | Delhi, India | Seed | 1 | 1 | 1 | May 2020 | 28 |
| 44 | Vistra ITCL | Mumbai, India | Series D | 1 | 1 | — | Sep 2021 | 42 |
| 45 | Texport | Bengaluru, India | Seed | 1 | 1 | — | Apr 2021 | 38 |
| 46 | QED Innovation | India | Seed | 1 | 1 | — | Nov 2021 | 33 |
| 47 | Cactus Venture Partners | Mumbai, India | Seed | 1 | 1 | 1 | Apr 2021 | 13 |
| 48 | Elev8 | Singapore, Singapore | Series E+ | 1 | 1 | — | Feb 2026 | 15 |
| 49 | TransUnion | Chicago, United States | Series D | 1 | 1 | 1 | Sep 2021 | 18 |
| 50 | Tenacity Ventures | Mumbai, India | Series E+ | 1 | 1 | — | Mar 2024 | 13 |
| 51 | Varanium | Mumbai, India | Seed | 1 | 1 | 1 | Nov 2021 | 13 |
| 52 | Eaglewings Ventures | Mumbai, India | Seed | 1 | 1 | — | Jun 2019 | 11 |
| 53 | AlphaGrep | Mumbai, India | Seed | 1 | 1 | — | Apr 2021 | 9 |
| 54 | Elev8 | Bengaluru, India | Series E+ | 1 | 1 | 1 | Mar 2024 | 6 |
| 55 | Credit Saison | Bengaluru, India | Seed | 1 | 1 | — | Nov 2021 | 5 |
| 56 | Illuminati Trading | Seed | 1 | 1 | — | Apr 2021 | 5 | |
| 57 | Analog Capital | Series E+ | 1 | 1 | — | Feb 2026 | 2 | |
| 58 | Neo Asset Management | Mumbai, India | Series E+ | 1 | 1 | 1 | Feb 2026 | 2 |
| 59 | VideoVerse | Los Angeles, United States | Seed | 1 | 1 | — | Jun 2022 | 2 |
| 60 | Serendipity Investment | Mumbai, India | Seed | 1 | 1 | — | Sep 2015 | 1 |
| 61 | Shrinagar Film | Seed | 1 | 1 | — | Jul 2017 | 1 | |
| 62 | Karan Holding | Seed | 1 | 1 | — | Sep 2020 | 1 | |
| 63 | Ramesh Mishra | Toronto, Canada | Seed | 1 | 1 | — | Jun 2019 | 1 |
| 64 | Janshi Marketing | United States | Seed | 1 | 1 | — | Apr 2021 | 1 |
| 65 | Millenna FVCI III | Series A | 1 | 1 | 1 | Aug 2020 | 1 |
Head office of the investors on this page.
Rounds by stage — where in a company's life this money arrives.
Total disclosed size of each round, not one investor's share.
How active this market has been.
RegTech companies head-officed in Mumbai that took money from these investors.
| Company | Backers | Rounds | Disclosed | Latest round |
|---|---|---|---|---|
| Idfy idfy.com |
19 | 29 | $316.7M | Series E+ Feb 2026 |
| Karza karza.in |
11 | 20 | $11.4M | Seed Jun 2019 |
| Arya.ai arya.ai |
9 | 22 | $6.9M | Seed May 2020 |
| Nimbbl nimbbl.biz |
7 | 15 | $29.5M | Seed Mar 2023 |
| Rubix Data Sciences rubixds.com |
7 | 8 | $10.3M | Seed Apr 2021 |
| Thelightbulb thelightbulb.ai |
4 | 4 | $6M | Seed Jun 2022 |
| Drona Pay dronapay.com |
4 | 4 | $2M | Seed Nov 2021 |
| SAWO Labs sawolabs.com |
3 | 5 | $1.2M | Seed Mar 2022 |
| Kiya.ai kiya.ai |
1 | 1 | $24.8M | Series B Jul 2007 |
| TrackWizz trackwizz.com |
1 | 1 | $6.3M | Series A Aug 2023 |
| Ixsight Technologies ixsight.com |
1 | 2 | $795.6K | Seed May 2012 |
| Date | Investor | Company | Stage | Round size |
|---|---|---|---|---|
| Feb 2026 | Neo Asset ManagementLED | Idfy | Series E+ | $24.3M |
| Feb 2026 | IndiaMART | Idfy | Series E+ | $24.3M |
| Feb 2026 | Kae Capital | Idfy | Series E+ | $24.3M |
| Feb 2026 | Analog Capital | Idfy | Series E+ | $24.3M |
| Feb 2026 | Blume Venture | Idfy | Series E+ | $24.3M |
| Feb 2026 | Elev8 | Idfy | Series E+ | $24.3M |
| May 2024 | IndiaMARTLED | Idfy | Series E+ | $10.8M |
| Mar 2024 | KB Investment | Idfy | Series E+ | $27M |
| Mar 2024 | Tenacity Ventures | Idfy | Series E+ | $27M |
| Mar 2024 | Elev8LED | Idfy | Series E+ | $27M |
| Aug 2023 | WestBridge CapitalLED | TrackWizz | Series A | $6.3M |
| Mar 2023 | Amara VC | Nimbbl | Seed | $3.5M |
| Mar 2023 | Global Founders Capital | Nimbbl | Seed | $3.5M |
| Mar 2023 | GrowwLED | Nimbbl | Seed | $3.5M |
| Mar 2023 | Peak XV Partners | Nimbbl | Seed | $3.5M |
| Dec 2022 | Sequoia CapitalLED | Nimbbl | Seed | $2M |
| Dec 2022 | Global Founders Capital | Nimbbl | Seed | $2M |
| Dec 2022 | Groww | Nimbbl | Seed | $2M |
| Dec 2022 | QED Innovation Labs | Nimbbl | Seed | $2M |
| Jun 2022 | 100Unicorns | Thelightbulb | Seed | $1.5M |
RegTech investors in other cities
Other markets in Mumbai
Individual angels in the same market