# Windrose Capital

Windrose Capital is a Venture Capital based in Pune, India.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Pune, India
- **Region:** Asia
- **Address:** Pune, Maharashtra, India
- **Founded:** 2018
- **Assets under management:** <$50M (Altss estimate)
- **Website:** windrose.capital
- **LinkedIn:** https://www.linkedin.com/company/windrosecapital

## Regulatory record

- **Reports private funds:** No

## About

Windrose Capital are early-stage investors and advisors in digitally native Indian startups. Founded in 2013 by digital natives who have been founders themselves, the firm supports India's economy through early and mid-stage investments in promising start-ups. They are active investors, thoughtful advisors and dedicated problem-solvers with a passion for technology and a deep belief in the transformative power of digital-first businesses.

## Sectors

- FinTech
- Enterprise Software
- AI/ML
- AgriTech & FoodTech
- Mobility & Transportation
- Digital Health

## People

- Rohit Goyal — Managing Partner
- Nitin Gupta — Partner

## Questions

### Who runs investment decisions at Windrose Capital?

Rohit Goyal, the founding Managing Partner, leads investment decisions alongside Partner Nitin Gupta. Goyal's background spans investment banking and early-stage operating roles before he founded Windrose in 2018. The firm operates with a lean partnership structure, meaning Goyal and Gupta are directly involved in every investment committee decision.

### Does Windrose participate in fund commitments or only direct deals?

Windrose Capital deploys exclusively through direct equity investments into operating companies. There is no public evidence of the firm committing capital as a limited partner into other venture funds. The firm's capital goes entirely into building and supporting its own portfolio.

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

Windrose regularly co-invests alongside other early-stage funds and angel networks in India. The firm's typical seed-stage check size means it often participates in rounds syndicated by larger micro-VCs or sector-specialist funds. Its relationship with AgNext's broader investor group — which includes other institutional backers — demonstrates a comfort with co-investment structures.

### How large is Windrose Capital in terms of assets under management?

Windrose does not publicly disclose its AUM. Based on its seed-stage deployment pattern, its portfolio size of 30-plus companies, and typical Indian micro-VC fund sizes, Altss estimates the firm operates with less than $50 million in assets under management. The firm has not confirmed this figure.

## Related profiles

- [Wind Point Partners](https://altss.com/profile/wind-point-partners)
- [WindRose Health Investors](https://altss.com/profile/windrose-health-investors)

---

Last updated: 2026-08-11T15:08:32.892Z

Canonical page: https://altss.com/profile/windrose-capital

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology