
India Quotient
Description
India Quotient is a prominent early-stage venture capital firm based in Bangalore, India, specializing in disruptive businesses targeting the vast Indian consumer market. Founded with a clear vision to identify and nurture innovative startups, the firm has firmly established itself as a key player in India's burgeoning startup ecosystem. Their investment thesis centers on backing companies that address unique Indian consumer needs and behaviors, often leveraging technology to create scalable and impactful solutions across various sectors.
India Quotient typically deploys capital in seed and pre-Series A rounds, with initial cheque sizes ranging from approximately $500,000 to $3 million. This flexible approach allows them to support companies from their nascent stages through significant growth milestones, demonstrating a commitment to long-term partnership. The firm is known for its hands-on approach, providing strategic guidance, operational support, and access to their extensive network, which extends beyond mere capital infusion. They maintain a broad sector interest within the consumer tech space, including fintech, edtech, healthtech, and direct-to-consumer (D2C) brands, reflecting the diverse opportunities in the Indian market.
Over the years, India Quotient has demonstrated a strong track record, having successfully raised substantial capital across multiple funds. Their latest fund, Fund IV, notably closed at $80 million in 2023, bringing their total capital raised across four funds to approximately $200 million. This significant capital base enables them to make crucial follow-on investments and support their portfolio companies through subsequent funding rounds. With a robust portfolio of over 100 companies, India Quotient continues to be a vital source of early-stage funding and mentorship for promising Indian startups, contributing significantly to the nation's digital economy and entrepreneurial landscape.
Investor Profile
India Quotient has backed more than 51 startups, with 9 new investments in the last 12 months alone. The firm has led 16 rounds, about 31% of its total and boasts 20 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in India, United States, Singapore.
- Strong thematic focus on E-Commerce, Software, Internet.
- Led 5 rounds in the past year.
- Typical check size: $500K – $3M.
Stage Focus
- Seed (41%)
- Series A (22%)
- Series B (18%)
- Series D (6%)
- Pre Seed (4%)
- Series C (4%)
- Series Unknown (2%)
- Series G (2%)
- Series E (2%)
Country Focus
- India (94%)
- United States (2%)
- Singapore (2%)
Industry Focus
- E-commerce
- Software
- Internet
- Social Media
- Fintech
- Mobile Apps
- Financial Services
- Saas
- Social Network
- Retail
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