Unicorn India Ventures

Unicorn India Ventures is a Mumbai-based early-stage venture capital firm that focuses on investing in technology-driven startups across diverse sectors. The firm aims to partner with dedicated entrepreneurs to build world-class, market-leading companies by disrupting traditional industries and solving real-life problems through innovative, technology-led products and services. Their investment strategy involves providing initial and follow-on investments ranging from INR 5 million to INR 100 million, supporting ventures throughout their early life cycle.

The firm's portfolio spans various industries, including SaaS, cybersecurity, fintech, edtech, electric vehicles, insurtech, space-tech, deep-tech, semiconductors, healthcare, proptech, e-commerce, consumer services, and financial services. Notable investments include Inc42, Sequretek, Pharmarack, SmartCoin, Open Bank, Genrobotics, Gamerji, ForeignAdmits, Probus, Esmito, Finin, OrbitAID, and NoBroker. Unicorn India Ventures typically makes 10-20 investments annually, preferring to be the first institutional investor in seed-stage companies and committing to supporting performers in follow-on financing rounds.

The firm is currently in the process of closing its third fund, targeting a corpus of ₹1,200 crore by December 2025. This fund aims to invest 80% of its capital in deep-tech companies within sectors such as semiconductor design, space, and defense, with plans to invest in around 20 companies at an average ticket size of $2 million. Unicorn India Ventures' approach combines capital investment with mentorship, leveraging its team's extensive operating, investing, and entrepreneurial experience, along with a network of advisors and professionals, to help entrepreneurs explore uncharted territories and build successful ventures.