Private Equity

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PeerCheque

PeerCheque is a venture capital firm based in Mumbai, India. It invests in fintech, SaaS, consumer technology, and climate technology sectors.

PeerCheque logo

PeerCheque

PeerCheque is a venture capital firm based in Mumbai, India. It invests in fintech, SaaS, consumer technology, and climate technology sectors. PeerCheque has made 72 investments, including a Seed VC in Benne on February 01, 2026.

General information

Firm type

Private Equity

Year founded

2022

AUM

Undisclosed

Location

Region

Asia

Country

India

City

Mumbai

Corporate office

Mumbai, India

Principals

Miten

Investor

Aakrit

Investor

Frequently asked questions

Who runs investment decisions at PeerCheque?

Miten and Aakrit are the visible investing principals and appear to make decisions jointly. Both are former internet founders and operators who scaled digital businesses before moving into early-stage investing. Their decisions are informed by direct operating experience rather than a traditional institutional investment committee.

How does PeerCheque source deals?

Deal flow relies on the principals' repeat-founder networks and decade-long presence in India's internet sector. Several portfolio founders — including Brijraj Bhuptani and Puneet Arora — first contacted Miten and Aakrit based on prior working relationships, not inbound cold pitches. The firm describes itself as a partner long before a fundraise, often workshopping ideas with founders before a formal round is structured.

Is PeerCheque a fund or a syndicate?

PeerCheque operates as an early-stage venture syndicate rather than a blind-pool fund. It backs startups on a deal-by-deal basis through angel/seed instruments, typically without the closed-end structure or fixed fund size of a traditional VC firm.

What stage does PeerCheque target?

The firm explicitly invests at inception, often during the “-1 to 0” phase before a startup has a minimum viable product or formal revenue. Portfolio companies include Truva and Smallest.AI, both of which received capital pre-revenue and pre-product-market fit.

Does PeerCheque lead rounds or follow?

PeerCheque positions itself as a lead or co-lead voice at the earliest stage. Founder testimonials highlight Miten and Aakrit helping structure the narrative, pressure-test readiness, and make key introductions — activities consistent with leading a first institutional check.

Which sectors does PeerCheque focus on?

PeerCheque invests in Indian technology startups with unbounded market and roadmap potential, spanning developer tools (Onecode), consumer/quick-commerce (Boba Bhai), applied AI (Truva, Smallest.AI), and repeat-founder-led internet businesses more broadly. The public portfolio avoids hard exclusions but concentrates on software-centric models.

Does PeerCheque maintain other vehicles or foundations?

There is no public record of parallel investment vehicles, philanthropic foundations, or advisory entities. The firm appears to operate solely through its syndicate structure, with the two principals' operator backgrounds substituting for a formal operating-partner bench.

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