# Rainmaker Ventures

Rainmaker Ventures is a Venture Capital based in Mumbai, India.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Mumbai, India
- **Region:** Asia
- **Address:** Mumbai, India
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** https://rainmakerventures.net
- **LinkedIn:** https://hk.linkedin.com/company/rainmaker-ventures

## Regulatory record

- **Reports private funds:** No

## About

Rainmaker Ventures is a venture capital firm that invests in technology-focused Indian startups. The firm has made 4 investments, including a Series C investment in Melorra on October 09, 2019. Rainmaker Ventures has 1 portfolio exit, YAAP, which occurred on March 05, 2026.

## Sectors

- Enterprise Software
- FinTech
- AI/ML
- Consumer Internet
- Media & Entertainment

## Questions

### Who runs investment decisions at Rainmaker Ventures?

Atul Hegde and Dhaval Mehta lead the firm's investment activities from Mumbai. Their backgrounds combine operating experience in Indian digital businesses and venture investing across multiple cycles. Day-to-day deal sourcing and portfolio management responsibilities rest with this core team, though the full organizational structure and any investment committee composition remain private.

### What is Rainmaker's known posture on co-investments alongside external GPs?

Rainmaker regularly co-invests alongside other venture capital firms, particularly in rounds where a lead institutional investor sets terms. The firm does not require board seats or lead-investor control and has historically joined syndicates organized by domestic funds. No conflict-of-interest disclosures or exclusivity arrangements are publicly documented.

## Related profiles

- [Raffles Venture Partners](https://altss.com/profile/raffles-venture-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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