Founded in 2011, IvyCap Ventures is one of India’s leading homegrown venture capital firms, leveraging the vast IIT and IIM alumni ecosystems to power the country’s start-up landscape and build market leaders. Headquartered in Mumbai, with offices in Delhi, Bengaluru, the US, and Singapore, the firm manages over USD 600 million (INR 5,000 crore) in assets.
IvyCap Ventures has a diversified portfolio of 55+ companies across sectors including HealthTech, ConsumerTech, DeepTech (SaaS, AI/ML, IoT), FinTech, EdTech, and emerging areas such as AgriTech and EV. Its portfolio features well-known brands like Purplle.com, Snitch, BlueStone, Miko, FtCash, Eggoz Nutrition, Deep Rooted, and Lissun.
Backed by a strong belief in the power of people to drive innovation and disruption, IvyCap follows a sector-agnostic approach. It invests in companies with differentiated business models and robust unit economics, focusing on early to growth stages—Seed, Pre-Series A, Series A, and Series B. The firm has the distinction of being India’s first homegrown VC to create a dragon company.
A proud hallmark of IvyCap Ventures is its deep-rooted connection with IITs and IIMs. With IIT alumni as anchor investors and more than 25 institutional investors participating across its funds, IvyCap upholds strong governance led by industry leaders and faculty members from IITs and IIMs on its Board of Advisors. Notably, IvyCap established India’s first Endowment Fund at IIT Delhi, launched by the Hon. President of India in October 2019. A significant share of the Fund Manager’s profits is contributed back to IITs and IIMs as endowments an industry-first initiative.
Start-ups within the IvyCap ecosystem benefit not just from capital but also from active mentorship and scale-up support through its Mentorship Program comprising 50+ domain experts. Additionally, its in-house SDG consulting arm helps portfolio companies integrate sustainability goals into their business strategies, strengthening resilience against environmental, societal, and regulatory risks.
In alignment with its mission to strengthen India’s startup ecosystem, IvyCap also operates IvyCamp, an alumni-driven engagement platform with 6,000+ start-ups, 500+ investors, and 500+ mentors. IvyCamp serves as a marketplace that accelerates business growth, drives corporate innovation programs, and connects early-stage start-ups with investors. IvyCap further draws direct support from 5,000+ IIT and IIM graduates globally.
At its core, IvyCap Ventures is committed to creating enduring value for all stakeholders investors, founders, institutions, and society by blending capital with expertise and fostering long-term, meaningful impact alongside financial returns.
