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Incubate Fund India

Asia, Karnataka, India, Bengaluru

Description

Incubate Fund India is a seed and pre-seed stage focused venture capital fund backed by Japanese seed-focused fund, Incubate Fund.

Investor Profile

Incubate Fund India has backed more than 12 startups, with 3 new investments in the last 12 months alone. The firm has led 3 rounds, about 25% of its total and boasts 7 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.
  • Strong thematic focus on Retail, B2B, Marketplace.

Stage Focus

  • Seed (67%)
  • Series A (17%)
  • Series B (8%)
  • Series C (8%)

Country Focus

  • India (92%)

Industry Focus

  • Retail
  • B2b
  • Marketplace
  • Seafood
  • Supply Chain Management
  • Financial Services
  • E-commerce
  • Debit Cards
  • Personal Finance
  • Fashion
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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 Incubate Fund India frequently co-invest with?

Ankur Capital
Asia, Maharashtra, India, Mumbai
Co-Investments: 4
Z47
Asia, Maharashtra, India, Mumbai
Co-Investments: 4
Prosus Ventures
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 2
Darkmode Ventures
North America, Oregon, United States, Remote
Co-Investments: 1
Dragon Capital
North America, California, United States, San Francisco
Co-Investments: 1
Accel
North America, California, United States, Palo Alto
Co-Investments: 2
CABRA VC
Europe, Limassol, Cyprus, Limassol
Co-Investments: 1
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 3
AET Fund
Asia, Tokyo, Japan, Tokyo
Co-Investments: 1

Which angels does Incubate Fund India often collaborate with?

Ramakant Sharma
Asia, Karnataka, India, Bengaluru
Shared Deals: 3
Shared Deals: 1
Revant Bhate
Asia, Maharashtra, India, Mumbai
Shared Deals: 2
Asish Mohapatra
Asia, Haryana, India, Gurgaon
Shared Deals: 2
Ruchi Kalra
Asia, Haryana, India, Gurgaon
Shared Deals: 2
Kunal Shah
Asia, Karnataka, India, Bengaluru
Shared Deals: 2
Matilde Giglio
Asia, Karnataka, India, Bangalore
Shared Deals: 1
Anup Singh Kalsy
Asia, Maharashtra, India, Mumbai
Shared Deals: 1
Rajesh Yabaji
Asia, Karnataka, India, Bengaluru
Shared Deals: 2
Lalit Keshre
Asia, Karnataka, India, Bengaluru
Shared Deals: 2

What are some of recent deals done by Incubate Fund India?

Fantail

Bangalore, Karnataka, India

Fantail is a B2B company that allows buyers to procure Man-made fabrics at quality and fair pricing.

B2BTextiles
SeedJun 24, 2025
Amount Raised: $1,599,679
Saswat Finance

Mumbai, Maharashtra, India

Saswat offers creative and practical financial solutions right to rural India's doorstep.

Financial Services
SeedJun 17, 2025
Amount Raised: $2,600,000

GreenFortune is India's fastest growing uPVC windows and doors manufacturer powered by technology and Innovation.

SeedMar 26, 2025
Amount Raised: $4,500,000
INCLUD

Gurgaon, Haryana, India

INCLUD is a mass premium children's clothing company.

E-CommerceFashionRetail
SeedApr 18, 2024
Amount Raised: $1,496,195
Captain Fresh

Bengaluru, Karnataka, India

Captain Fresh operates a fish and seafood supply chain platform to deliver a fast harvest-to-retail service.

B2BMarketplaceRetailSeafoodSupply Chain Management
Series CMar 7, 2022
Amount Raised: $57,300,000
Captain Fresh

Bengaluru, Karnataka, India

Captain Fresh operates a fish and seafood supply chain platform to deliver a fast harvest-to-retail service.

B2BMarketplaceRetailSeafoodSupply Chain Management
Series BDec 21, 2021
Amount Raised: $40,000,000
Tamasha

Mumbai, Maharashtra, India

Tamasha is a community gaming platform that enables people to host live games, make friends, and play real money contests and games.

GamingInternetMetaverseOnline Games
SeedOct 20, 2021
Amount Raised: $3,007,722
Akudo

Bengaluru, Karnataka, India

Akudo is a learning-first neobank enabling practical financial education for teenagers.

Debit CardsFinancial ServicesPersonal Finance
SeedSep 27, 2021
Amount Raised: $4,199,088
Captain Fresh

Bengaluru, Karnataka, India

Captain Fresh operates a fish and seafood supply chain platform to deliver a fast harvest-to-retail service.

B2BMarketplaceRetailSeafoodSupply Chain Management
Series AJul 18, 2021
Amount Raised: $11,930,865
Plum

Bengaluru, Karnataka, India

Plum is an insurance company that offers employee healthcare and medical benefits for companies.

Employee BenefitsHealth InsuranceInsuranceInsurTech
Series AMay 30, 2021
Amount Raised: $15,600,000