Updated:
India Quotient
IndiaQuotient is an investment firm funding Indian startups. It invests at paper stage through pre-seed and seed, with equal conviction whether a company is...
Overview
IndiaQuotient is an investment firm funding Indian startups. It invests at paper stage through pre-seed and seed, with equal conviction whether a company is only a thought or already has customers, and prefers demos over decks. It backs founders solving for the real India across areas such as India and Global SaaS, B2B marketplaces, social/media, fintech, brands and consumer, and has been doing so for the last 14 years.
General information
Firm type
Private Equity
Year founded
2012
Location
Region
Asia
Country
India
City
Ahmedebad, Gujarat
Corporate office
Bengaluru, India
Principals
Anand Lunia
Founding Partner
Madhukar Sinha
Founding Partner
Sector focus
Frequently asked questions
Who runs investment decisions at India Quotient?
Anand Lunia and Madhukar Sinha serve as founding partners and lead investment decisions. Lunia brings operating experience to the partnership; Sinha contributes investment discipline. The firm operates with a lean central investment committee rather than a large partnership layer.
What stage does India Quotient target, and how is that different from other Indian VCs?
India Quotient targets pre-seed and seed — often backing founders before they have a launched product. When the firm started in 2012, most Indian venture firms wrote Series A checks; India Quotient committed exclusively to the earliest institutional entry point. It has not expanded into growth equity, keeping the stage mandate clean.
Which sectors does India Quotient invest in?
The firm focuses on Indian consumer internet, fintech, enterprise software, media, and agritech. It avoids deep-tech hardware and biotech. The portfolio reflects broad horizontal platform bets rather than narrow vertical SaaS or infrastructure plays.
Profile maintained by Altss. Updated: . To correct this record or make a privacy request, send the page URL and your evidence to privacy@altss.com; corrections are free.
Need institutional-grade insight on private equity firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: