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Prime Venture Partners

Asia, Karnataka, India, Bengaluru

Description

Prime Venture Partners, headquartered in Bengaluru, India, stands as a prominent early-stage venture capital firm. Established in 2012, initially operating as AngelPrime, the firm has solidified its position as a crucial enabler within the Indian startup ecosystem. Their core mission is to partner with entrepreneurs who are building technology companies from India with a clear vision for global market penetration. Prime Venture Partners typically serves as the inaugural institutional investor, focusing their capital deployment on Seed and Series A funding rounds.

The firm's investment thesis is sharply focused on disruptive product companies across key technology sectors. Their primary areas of interest include FinTech, SaaS, Healthcare, and DeepTech, reflecting a commitment to innovation that can scale internationally. Prime Venture Partners is distinguished by its highly hands-on approach, actively collaborating with founders to offer strategic guidance and operational support. This deep engagement extends beyond mere capital provision, aiming to help early-stage companies navigate the complexities of market fit and rapid scaling, particularly for those targeting global audiences.

Prime Venture Partners has demonstrated robust growth in its capital base over the years, successfully raising five distinct funds. Their most recent vehicle, Prime Venture Partners Fund V, closed in 2023 with a substantial $120 million. Cumulatively, the firm manages approximately $334 million across all its funds, underscoring its significant financial capacity. They typically deploy initial checks ranging from $1 million to $5 million, providing meaningful early-stage capital to promising ventures. This strategic investment approach has enabled them to back a diverse portfolio of innovative startups, significantly contributing to India's burgeoning tech landscape and fostering companies with ambitious global aspirations.

Investor Profile

Prime Venture Partners has backed more than 33 startups, with 9 new investments in the last 12 months alone. The firm has led 12 rounds, about 36% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in India, United States, Estonia.
  • Strong thematic focus on Financial Services, FinTech, Software.
  • Led 5 rounds in the past year.
  • Typical check size: $1M – $5M.

Stage Focus

  • Series A (36%)
  • Seed (33%)
  • Series B (18%)
  • Series Unknown (6%)
  • Private Equity (3%)
  • Series C (3%)

Country Focus

  • India (76%)
  • United States (21%)
  • Estonia (3%)

Industry Focus

  • Financial Services
  • Fintech
  • Software
  • Saas
  • Apps
  • Education
  • Finance
  • Lending
  • Automotive
  • Credit Cards
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Prime Venture Partners frequently co-invest with?

Nexus Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 2
InnoVen Capital
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
FUSE
North America, Washington, United States, Seattle
Co-Investments: 2
Gemba Capital
Asia, Karnataka, India, Bangalore
Co-Investments: 3
Peak XV Partners
Asia, Karnataka, India, Bengaluru
Co-Investments: 4
Stellaris Venture Partners
Asia, Karnataka, India, Bangalore
Co-Investments: 2
3one4 Capital
Asia, Karnataka, India, Bangalore
Co-Investments: 2
Union Square Ventures
North America, New York, United States, New York
Co-Investments: 3
Locus Ventures
North America, California, United States, Redwood City
Co-Investments: 2
SIG venture capital
Asia, Hong Kong Island, Hong Kong, Central
Co-Investments: 2

Which angels does Prime Venture Partners often collaborate with?

GR
North America, California, United States, San Francisco
Shared Deals: 2
Binny Bansal
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
EK
North America, California, United States, San Francisco
Shared Deals: 2
SN
North America, Washington, United States, Medina
Shared Deals: 1
Deep Kalra
Asia, Haryana, India, Gurgaon
Shared Deals: 1
Kunal Shah
Asia, Karnataka, India, Bengaluru
Shared Deals: 3
Vatsal singhal
Asia, Karnataka, India, Bangalore
Shared Deals: 2
Ashish Gupta
Asia, Karnataka, India, Bengaluru
Shared Deals: 3
TH
Europe, England, United Kingdom, London
Shared Deals: 2
Nitish Mittersain
Asia, Maharashtra, India, Mumbai
Shared Deals: 2

What are some of recent deals done by Prime Venture Partners?

Illumine

Wilmington, Delaware, United States

Child Care Management Software | Preschool & Daycare Software

BillingChild CareCRMEdTechEducationMobile AppsPaymentsPrimary EducationSaaSSoftware
SeedJun 18, 2025
Amount Raised: $2,500,000
Frinks AI

Bengaluru, Karnataka, India

Frinks AI is an AI Software Development firm offering Effective, Efficient and Reliable Quality Control.

Artificial Intelligence (AI)Quality AssuranceSoftware
SeedMay 27, 2025
Amount Raised: $5,400,000
Metafin

Parel, Maharashtra, India

Metafin is an operator of a non banking financial company intended to offer cleantech focused lending services for retail customers.

CleanTechFinancial ServicesSolar
Series AApr 29, 2025
Amount Raised: $10,000,000
Navadhan Capital

Mumbai, Maharashtra, India

Navadhan Capital offers capital to under-banked households.

CreditFinanceFinancial ServicesFinTech
Series AMar 19, 2025
Amount Raised: $1,281,342
Gallabox

Perungudi, Tamil Nadu, India

Gallabox is a no-code conversational platform that transforms WhatsApp conversations into actionable insights through its business API.

AppsDeveloper APIsE-Commerce PlatformsSaaS
SeedJan 29, 2025
Amount Raised: $3,500,000
Bolt.Earth

Bangalore, Karnataka, India

Bolt.Earth provides charging products and end-to-end solutions for electric vehicles.

AutomotiveElectric VehicleEnergy Storage
Series AJan 17, 2025
Amount Raised: $5,000,000
Elchemy

Mumbai, Maharashtra, India

Elchemy is chemical manufacturing and distribution company that connects international buyers with Indian manufacturers.

ChemicalManufacturingSupply Chain Management
Series ANov 25, 2024
Amount Raised: $5,600,000
Illumine

Wilmington, Delaware, United States

Child Care Management Software | Preschool & Daycare Software

BillingChild CareCRMEdTechEducationMobile AppsPaymentsPrimary EducationSaaSSoftware
SeedNov 1, 2024
Amount Raised: $2,500,000
Punch

Mumbai, Maharashtra, India

Punch, a registered trading platform by SEBI-registered Market Pulse Securities, offers index, stock options, and direct stock trading.

Financial ServicesFinTechTrading Platform
SeedAug 6, 2024
Amount Raised: $7,000,000
FinAGG

Noida, Uttar Pradesh, India

FinAGG is a digital credit card for suppliers, distributors and retailers that lubricates the flow of goods & payments in the supply chain.

AppsCredit CardsFinancial ServicesFinTech
Series AJan 18, 2024
Amount Raised: $10,990,279