India’s fintech industry is getting a lot of investment because it's changing how banking and finance work. There are lots of fintech investors which is encouraging new businesses and helping them expand.
In 2024, some best investors are helping new startups in innovative changes that reshaping things such as transactions, payments, loans, and wealth administration operations.
Top Fintech Investors For Startups in India
Here is the List of Some Fintech Investors For Startups in India
1. 3one4 Capital
3one4capital is a Bangalore-based platform that helps early-stage startups. Through a deep involvement strategy, the fund collaborates with founding teams and experts in a specific field to prioritize and devise strategies for achieving product-market fit, and then optimize for defensibility and growth both revenue and impact.
With a focus on margins and on delivering uncompromised end-user experiences, the fund aims to minimize risks, identify new growth opportunities, and generate rewarding outcomes for all the stakeholders involved. Some investments made by 3one4 are YourStory, Faircent, Licious, BetterPlace, Tripoto, DarwinBox, Bugworks, and Tracxn.
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2. Bessemer Ventures Partner
Bessemer Ventures is a California-based investment firm that helps early-stage startups in their growth. The platform operates in multiple sectors such as fintech, D2C, and SaaS, among others. In 2006, BetterPlace opened its first office in Bengaluru.
According to the company it invested in more than 65 startups in India, such as BigBasket, Swiggy, and Pepper Content.
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3. General Atlantic
General Atlantic was one of the first to invest in an Indian startup. They first invested in Wipro in 1993. Apart from this they also support some of the big names which are Infosys, TCS, or even Reliance Industries.
In 2010, When the startup industry was booming in the country, General Atlantic put a lot of money into some startups such as Flipkart, Ola, Swiggy, and Zomato. They also invest in some fintech startups like BharatPe, Paytm, CRED, etc. Recently in May 2023, it invested $100 Mn in PhonePe.
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4. InnoVen Capital
In 2015, a big investment group from Singapore known as Temasek acquired the Indian part of Silicon Valley Bank and got into the venture debt space. With funding from Singapore’s United Overseas Bank, Temasek came with a new identity which is today known as InnoVen Capital.
Since then it has become an important player in the Indian venture debt space. They have helped more than 35 Indian unicorns, such as OYO, Myntra, BYJU’S, PharmEasy, etc. Some of their investment in fintech startups are slice, mSwipe, BharatPe, Niro, Rupifi, Stashfin, and ZipLoan.
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5. Titan Capital
Titan Capital invests behind world-class entrepreneurs looking to create wide-scale positive impact on India and the World. Titan Capital Markets is a forex broker that offers 30+ forex pairs through its proprietary trading platform, Titan Webtrader. It claims to offer competitive spreads and low commissions.
The first investor that entrepreneurs bring on board at the seed stage of their company and are their partner through the entire arc of their company building journey. Since its inception, Titan Capital has invested in more than 250 startups including Mamaearth, Ola, Razorpay, Urban Company, Shadowfax, Bira91, OfBusiness, Jupiter and many more.
6. LetsVenture
LetsVenture is a group of investors which is founded in 2013 by Shanti Mohan and Sanjay Jha. It aims to help new startups that have the potential to grow. According to the firm they invest in more than 950 investments with more than 19,530 investors.
The platform is open to investing in any sector. Its first big investment was in CRED in 2015. After that, they put money into some fintech startups such as BharatX, LegalPay, Castler, etc.
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7. Peak XV Partners
Peak XV formerly known as Sequoia India entered in 2006 in India. In the early days, they never invested in fintech later they started investing in 2017 in fintech startups, They first invested in a giant fintech startup which is CRED.
After that, they never stopped and started in investing some best unicorns and startups like Groww, Pine Labs, Khatabook, Jupiter, etc. Apart from fintech, they also invested in some other giant startups such as Flipkart, Paytm, and many more.
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8. India Quotient
India Quotient is a Mumbai-based investment firm that aims to help early-stage startups. It invested in more than 87 startups.
India Quotient was founded by Madhukar Sinha and Anand Lunia in 2012. It invested in some big startups which are Lendingkart, Vyapar, and LoanTap.
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9. Prime Ventures Partners
Prime Venture Partners is a natural destination for the startups targeting global markets. The high conviction investors and invest in only 4-5 companies per year and all partners work closely with the startups in the initial days.
Prime Venture Partners is an early stage venture fund which focuses on startups that not only need capital but also require mentoring to transform them into disruptive companies. We share a passion for working closely with entrepreneurs and enjoy sharing their journey in a high-frequency, interactive and fun environment.
10. 9Unicorns
9Unicorns was founded in 2020 based in Mumbai, it was founded by Anil Jain, Anuj Golecha, Apoorva Ranjan Sharma, and Gaurav Jain. It is India's First Accelerator VC firm where they help early-stage startups.
They also launched a fund that will identify high-potential, early-stage startups in multiple sectors like electric vehicles, mobility, VR, AI, ML, AR, fintech, retail, and FMCG.
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11. Pravega Ventures
Pravega Ventures is a Banglore-based early-stage venture capital fund. It is founded in 2016 by Vinay Menon, Rohit Jain and Mukul Singhal.
It has actively invested in more than 12, funding rounds for fintech companies. It mainly helps early-stage startups in seed or pre-Series A funding.
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12. Accel
Accel was a global investors platform that helped Indian startups. The Platform entered in 2005 by taking over the $10 Mn fund called Erasmic Venture Fund. Later, they changed their name which is known as Accel India.
Since arriving in India, it invested in multiple sectors. Their first investor in fintech startups are Drip Capital, Samunnati, Nimbbl, etc. Other than fintech, it also invested in other startups like Flipkart, upGrad, Jugnoo, etc.
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Conclusion
These are some of the top 10 investors for startups that are doing excellent work in the Indian startup. Their smart investment not only helps startups but also helps in the growth of the Indian ecosystem. These firms help India become a major player in global startups.
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