Skip to content
    IndiaQuotient logo

    IndiaQuotient

    Bangalore, IndiaFounded 2012

    India Quotient is an early-stage venture capital firm based in Bengaluru, India, backing startups building disruptive businesses aimed at Indian consumers. The firm writes a startup's first cheque, investing across SaaS, fintech, D2C brands, social media, and agritech.

    Deal activity increased 86% year-over-year (13 deals in the last 12 months). Average disclosed round size is $15.8M (across 266 rounds with reported amounts).

    Find people at IndiaQuotient on Goldilocks AI

    Portfolio

    250

    Fund Size

    $129M

    Top Stage

    Series A

    Last 12 Mo

    13

    Team

    Anand Lunia

    Anand Lunia

    Founding Partner

    Madhukar Sinha

    Madhukar Sinha

    Founding Partner

    Mohit Mittal

    Mohit Mittal

    Vice President

    Sharad Agarwal

    Sharad Agarwal

    VP - Finance

    Hemant Agarwal

    Hemant Agarwal

    Associate

    Puneet Kumar

    Puneet Kumar

    Associate

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    349 investments
    CompanyRoundAmountDate
    PPep.LiveUnknown$2.5MSep 2026
    Reo.dev logoReo.devSeries A$11.3MJul 2026
    RReoSeries A$11.3MJul 2026
    Karo Sambhav logoKaro SambhavSeries A—Jun 2026
    BBazaarNowUnknown$7.5MJun 2026
    GoodScore logoGoodScoreSeries A$13MMay 2026
    KreditBee logoKreditBeeSeries E$280MApr 2026
    HHelium Smart AirSeed$2MApr 2026
    AquaExchange logoAquaExchangeSeries B$8MMar 2026
    TakeMe2Space logoTakeMe2SpaceSeed$5MJan 2026
    GIVA logoGIVASeries C$12MJan 2026
    MasterChow logoMasterChowSeries A$6.5MJan 2026
    SSupertailsSeries C—Jan 2026
    BBambooBoxUnknown$6.6MJan 2026
    Omli logoOmliSeed$1.5MJan 2026
    OOfficeBanaoSeries A$7.7MJan 2026
    Mojro logoMojroSeries A$5.5MJan 2026
    KreditBee logoKreditBeeSeries E$280MJan 2026
    e-TRNL Energy logoe-TRNL EnergySeed—Jan 2026
    ClayCo Cosmetics logoClayCo CosmeticsSeries A—Dec 2025
    Openhouse logoOpenhouseSeed$2MOct 2025
    Reo.dev logoReo.devSeed$4MOct 2025
    TTata 1mgUnknown$40MSep 2025
    Rocket logoRocketSeed$15MSep 2025
    Zealthix logoZealthixSeed$1.1MSep 2025
    Page 1 of 14

    Top Co-Investors

    Last updated: 20 October 2026