Updated:
Unicorn India Ventures
Anil Joshi and Bhaskar Majumdar led Unicorn India Ventures from 2015, deploying early-stage capital into India's technology startup ecosystem.
Unicorn India Ventures
Unlock the Power of Innovation with Unicorn IVC - a leading venture capital firm committed to fueling innovation and transforming businesses. We are seed funding company for startups which visionary entrepreneurs pioneering innovations across sectors.
General information
Firm type
Venture Capital
Year founded
2015
AUM
Undisclosed
Location
Region
Asia
Country
India
City
Mumbai
Corporate office
Mumbai, India
Principals
Anil Joshi
Managing Partner
Bhaskar Majumdar
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Unicorn India Ventures?
Investment decisions are led by Managing Partners Anil Joshi and Bhaskar Majumdar. Joshi transitioned into venture from a career in technology journalism and startup media. Majumdar brings operator and angel-investing experience to the partnership, and the small team structure means the founding partners remain directly involved in deal evaluation and portfolio management.
Is Unicorn India Ventures structured as a family office or an institutional venture fund?
Unicorn India Ventures is a SEBI-registered Category I Alternative Investment Fund — an institutional venture capital structure, not a family office or corporate venture arm. The firm raises capital from institutional limited partners including domestic Indian banks and financial institutions, and it operates multiple fund vehicles under the same partnership umbrella.
What investment stages does Unicorn India Ventures typically target?
The firm primarily targets pre-Series A and Series A rounds, acting as a first institutional cheque for technology and IP-driven startups. It also reserves capital for follow-on investments in select portfolio companies. The mandate covers seed through early growth, with an emphasis on capital-efficient business models that can demonstrate product-market fit in India before expanding internationally.
Which sectors does Unicorn India Ventures focus on?
The firm invests across enterprise software, fintech, digital health, and media sectors. Historically, it has backed companies spanning both consumer-facing digital platforms and deep-technology businesses, including robotics. The partnership maintains a generalist technology posture rather than pursuing a single vertical specialization.
Where does the firm's capital come from?
Unicorn India Ventures raises capital from domestic Indian institutional investors including banks and other financial institutions. The firm is not affiliated with a single ultra-high-net-worth family or international sovereign wealth fund, distinguishing it from the family-office or global LP-funded models common in Indian venture.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on venture capital firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: