The Indian AI trade is booming. In line with Worldwide Information Company, India’s AI market is estimated to achieve as much as $7.8 billion by 2025. A number of new startups are constructing merchandise centered round AI or incorporating AI of their techniques. Thus, leading to groundbreaking improvements and developments of the sector.
There are a whole bunch of VCs traders throughout private and non-private sectors which can be more and more getting taken with “pitching into” the sector. Let’s take a look at a few of these India-based traders seeking to spend money on AI and the expertise sector generally!
Unicorn India Ventures
With 34 lead investments and elevating a fund of $61 million, Unicorn India Ventures has been specializing in investing in AI startups with their segments of choice being Fintech, SaaS, and DeepTech. Based in 2015 by Anil Joshi and Bhaskar Majumdar, the duo has invested in 45 startups by far.
Their first AI-based funding was in 2017 with SmartCoin and since then their curiosity within the subject has grown.
Click on right here to learn the unique dialog their staff had with Analytics India Journal.
100X.VC
Sanjay Mehta based 100X.VC in 2019 and has since then invested in 18 AI startups. With a complete of 80 startups, the agency’s most most well-liked sectors embody Fintech, Deeptech, and B2B SaaS. As a personal investor for round a decade, Mehta has invested in additional than 150 startups globally.
Among the AI-based startups that the agency has invested in embody Kroop AI, Vecros, Vitra.ai, OurEye.AI, Solvio.AI, and Information Sutram amongst others.
In an unique interview with Analytics India Journal, Sanjay Mehta elaborates on his funding philosophy.
Mumbai Angels
Based by Prashant Choksey and Praveen Chakravarty in 2006, Mumbai Angels is a gaggle of traders who’re investing in early stage startups. The agency, with round 700+ members throughout 70 places globally, has invested in round 200 startups until date with over 100 profitable exits.
Their portfolio corporations embody Brainwired, Unlu, CarterX, AppsDaily, MangoReader, Catapoolt, amongst others.
Click on right here to go to their web site and pitch concepts.
Sequoia Capital India
Primarily based in Bengaluru and based in 2000, Sequoia Capital India is a department of Sequoia world that’s working in Southeast Asia and India. The founders—KP Balaraj, Raj Dugar, Sandeep Singhal, SK Jain, and Sumir Chadha—have invested in round 600 startups with their most up-to-date funding in Okay-12 Techno Providers on October 24.
A few of their lead investments embody Moglix, Cellular Premier League, Privado, Arrow, Metasky, Razorpay, amongst others.
Click on right here to go to their web site.
Blume Ventures
Blume Ventures focuses particularly on expertise startups and has backed greater than 175 startups with 28 profitable exits. Primarily based in Mumbai, and based in 2011 by Karthik Reddy, Rob Blum, and Sanjay Nath, the agency invests in Seed and Pre-Seed rounds.
They’ve invested in corporations like Dunzo, Servify, Exotel, GreyOrange, Unacademy, Cashify with most not too long ago Vecmocon Applied sciences, Euler Motors, and BimaKavach.
Click on right here to take a look at their portfolio.
3one4 Capital
An early stage enterprise capital based mostly in Bengaluru, 3one4 Capital has 4 unicorns of their portfolio. Their most most well-liked segments embody machine-driven intelligence companies for edtech, fintech, SaaS, leisure, and healthcare.
The agency manages over $300 million funds and their most outstanding investments embody Licious, Open, DarwinBox, Betterplace, Fego.ai, Tracxn, ePlane.ai, Exponent Power, amongst others.
To pitch to 3one4 Capital, click on right here.
Inflection Level Ventures
Based in 2017 by a handful of entrepreneurs, IPV is an trade agnostic funding agency based mostly in Gurgaon. With round 150 investments, and an estimated income vary from $10 million to $50 million, IPV has over 3300 CXOs and professionals, household workplaces, and HNIs.
Their most up-to-date investments embody Intellemo, Falca, White Inc, Rooba.Finance, MidisimVR, Oorjaa, Orai Robotics, amongst others.
Click on right here to pitch concepts to IPV.
Elevation Capital
Based in 2011 by Ravi Adusumalli, Elevation Capital relies in Gurgaon and focuses on logistics, B2B, and enterprises. With 130 odd investments, the agency is specializing in investing in additional early-stage startups constructing on AI and Analytics.
Their most up-to-date funding was Drivetrain in October 2022 elevating $15 million together with Pillow, Wishlink, MURF.AI, Cashflo, Rivigo, Detect Applied sciences.
Click on right here for extra info.
Matrix Companions India
Based in 2006 by Avnish Bajaj and Rishi Navani, Matrix Companions is a VC agency specializing in the enterprise and client market. Since its inception, the agency has invested over 190 instances with 83 lead investments and 13 profitable exits.
Their most up-to-date funding was Saveo in September 2022 that raised INR 283 Million. Different corporations embody MURF.AI, FPL applied sciences, SuperOps.ai, Dezerv, Sourcewiz, and lots of extra.
Go to their web site for extra particulars and pitching concepts.
Kalaari Capital
Making greater than 215 investments, Kalaari Capital has been investing in all technology-centric corporations since 2011. With a $160 million enterprise capital fund and advisory staff based mostly in Bengaluru, it was based by Vani Kola.
Their most up-to-date lead funding, ‘Tring’, raised $5 million in October 2022. Different notable investments embody Peer Robotics, Deconstruct, Dubverse, ElecTorq Applied sciences, Dubdub.ai, amongst others.
Click on right here to take a look at extra of their portfolio.
Lightspeed India Companions
A multi-stage enterprise capital agency, Lightspeed India is a sub-domain of Lightspeed Enterprise Companions in New Delhi and Bengaluru, based in 2007. The agency has 7 exits with most notable ones being LimeRoad, Setu, and Shuttl.
Their most up-to-date funding was ‘GlobalFair’ elevating $12 million, crossing a complete funding mark of 82 with 38 lead investments.
Click on right here to know extra in regards to the agency.
Accel India
Primarily based in Bengaluru, Accel India is investing in web expertise and software program improvement corporations. It was based by Prashanth Prakash and Subrata Mitra and has made 49 investments with 22 lead investments. Their most up-to-date funding was ‘FitBudd’ that raised $3.4 million.
A few of their prime investments embody Bounce, Trinkerr, SuperShare, Axio Biosolutions, Bytebeam, and Airmeet, amongst many others.
Click on right here to know extra about Accel.
