Bangalore, often hailed as India’s Silicon Valley, has emerged as a thriving hub for startups and innovation. At the heart of this ecosystem are the venture capital (VC) firms that fuel growth and drive entrepreneurial success. These investors play a crucial role in identifying promising ventures, providing capital, and offering strategic guidance to help transform ideas into industry-leading companies.
In this article, we explore the top venture capital firms in Bangalore that are shaping the future of India’s tech landscape. From early stage seed investments to later-round funding, these firms are instrumental in nurturing the next generation of groundbreaking startups across various sectors.
Top Bangalore VC Firms
Ready to launch your startup with the help of a venture capital firm? We’re here to help you wade through the options with this list of the best venture capital firms in Bangalore for startups and who they are right for.
Disclaimer: With so many venture capital firms around the world, we aren’t able to cover them all. Furthermore, the following VC firms aren’t officially ranked and appear in no particular order.
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Get Started1. Mensa Brands
- Industries: Direct-to-Consumer (D2C)
- Stage: Early Stage
- Notable Portfolio Companies: MyFitness, Hypp, Trust Basket
Mensa Brands is a Bangalore-based venture capital firm founded by Ananth Narayanan, former CEO of Myntra and Medlife. The company operates on a unique model, acquiring and scaling up digital-first brands across categories like fashion, home, and beauty.
Mensa Brands aims to accelerate the growth of these brands through technological support, marketing expertise, and operational efficiency. The firm has gained significant attention in the Indian startup ecosystem for its rapid growth and successful fundraising, having achieved unicorn status (a valuation of more than $1 billion) within just six months of its launch.
2. Peak XV Partners
- Industries: Healthcare, Fintech, Machine Learning (ML)
- Stage: Early Stage, Growth Stage
- Notable Portfolio Companies: Zomato, CoinSwitch, Rebel Foods
Peak XV Partners (formerly known as Sequoia Capital India) is a prominent venture capital firm and a regional affiliate of the global Sequoia Capital network. The firm invests in a wide range of sectors, such as artificial intelligence (AI), consumer tech, and health tech.
Peak XV Partners offers various investment programs, from early-stage seed funding to growth and expansion capital. Their approach involves working closely with founders to help realize their ambitions, offering bespoke advice and support through programs such as Surge (for early-stage startups), Spark (for women founders), and Guild (for founding CEOs of successful growth-stage startups).
3. Stellaris Venture Partners
- Industries: Consumer Tech, SaaS, Fintech
- Stage: Pre-Seed, Seed, Series A
- Notable Portfolio Companies: Allround, BuyerAssist, Zouk
Stellaris Venture Partners launched its first fund in 2017. The firm focuses on investing in early stage technology startups, primarily in India. Stellaris typically invests in early stage rounds across a wide range of industries because the firm bills itself as “sector agnostic.”
The firm offers its portfolio companies more than just funding, providing strategic guidance and operational support in addition to capital. Stellaris was founded by former executives from Helion Venture Partners and has offices in Bangalore and Delhi.
4. pi Ventures
- Industries: Deep Tech, AI, Internet of Things (IoT)
- Stage: Early Stage
- Notable Portfolio Companies: Locus, Pixis, Silence Laboratories
pi Ventures is an Indian venture capital firm founded in 2016 by Manish Singhal and Umakant Soni. Based in Bangalore, the firm specializes in investing in early stage technology startups, with a particular focus on companies leveraging AI, ML, and IoT technologies.
pi Ventures generally invests in startups using tech to significantly impact real-world problems with global impact. Beyond providing capital, the firm is known for offering strategic guidance and mentorship to its portfolio companies with the goal of nurturing innovation in the Indian tech ecosystem.
5. Accel India
- Industries: AI, Healthcare, Fintech
- Stage: Seed, Series A, Series B
- Notable Portfolio Companies: Airmeet, Appbrew, Tracxn
Accel India is the Indian arm of the global venture capital firm Accel. The firm launched its first India-based fund in 2005. Accel India focuses on investing in early stage startups in India and Southeast Asia. The firm is known for its investments across various sectors, including technology, consumer internet, enterprise software, and mobile applications. Accel India has been an early backer of several successful Indian startups — some of which have grown into unicorns.
6. 3one4 Capital
- Industries: Enterprise Software, Fintech, Digital Health
- Stage: Early Stage, Growth Stage
- Notable Portfolio Companies: DoSelect, Wiom, Fego.ai
3one4 Capital is a multistage venture capital firm founded by Pranav Pai and Siddarth Pai. Named after the mathematical constant pi, the firm focuses on investing in technology startups — particularly in enterprise software and fintech.
Since its inception, 3one4 Capital has invested in numerous startups across various tech-oriented industries to steadily grow its assets under management and establish itself as a significant player in India’s startup ecosystem.
7. Kalaari Capital
- Industries: FemTech, Enterprise, SaaS
- Stage: Series A, Series B
- Notable Portfolio Companies: Hiver, AgNext, Instamojo
Kalaari Capital primarily invests in early stage, technology-driven startups across various sectors, such as SaaS and consumer tech. Known for its entrepreneur-first approach, Kalaari Capital provides support throughout all stages of growth. The firm has backed several successful Indian startups that have gone on to become major players in their respective industries.
8. Blume Ventures
- Industries: Edtech, Climate Tech, Deep Tech
- Stage: Seed, Series A
- Notable Portfolio Companies: Classplus, slice, Purplle
Founded in 2010 by Karthik Reddy and Sanjay Nath, Blume Ventures was launched with a mission to support entrepreneurs from startup to scaleup. Since the firm’s inception, Blume Ventures has become a key player in India’s venture capital scene by offering portfolio companies on-demand counsel, access to financial and legal services, and more valuable support in addition to capital investment.