IIFL Fintech Fund is the corporate venture capital arm of the IIFL Group, investing in early- to growth-stage fintech startups across lending, payments, compliance, wealthtech, insurtech, and embedded finance. Launched in 2021, the fund leverages synergies with the broader IIFL financial services ecosystem to help founders validate, deploy, and scale their solutions.
33% of their portfolio is in Fintech. They made 1 investment in the last 12 months. Their most common stage is series-a (58% of deals). Average disclosed round size is $97.4M (across 10 rounds with reported amounts).
Portfolio
10
Fund Size
$55M
Top Stage
Series A
Last 12 Mo
1
Team
Govind Chandak
Senior Analyst
Rishabh Goyal
Venture Capital
Shweta Chaudhary
Investment Manager
Lisa Sopori
Managing Investments
Mehekka Oberoi
Fund Manager
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| FFundamento | Series A | $1.9M | Oct 2025 |
 Finvu | Series A | $15M | Jan 2025 |
 Finarkein | Series A | $4.8M | Jan 2024 |
| Finarkein | Seed | $4.8M | Jan 2024 |
 Leegality | Series A | $5M | Jan 2022 |
| TTrendlyne | Series A | $1.8M | Jan 2022 |
 Zetwerk | Series E | $150M | Aug 2021 |
 upGrad | Growth | $185M | Aug 2021 |
 Pine Labs | Growth | $600M | Jul 2021 |
| Leegality | Series A | — | Jan 2021 |
 Castler | Series A | $6M | — |
| GGrayQuest | Series B | — | — |
Top Co-Investors
Last updated: 20 October 2026