Unicorn India Ventures

Website:www.unicornivc.com/
Target Tier Cities: 65%+ portfolio from non-metro hubs.
Investment Stage: Seed to Series A.
Cheque Size (INR): ₹1 Crore to ₹10 Crore (initial and follow-on investments).
Sectors of Interest: Fintech, SaaS, HealthTech, DeepTech, Mobility, and other scalable tech products.
Notable Portfolio Startups from Tier 2/3: Genrobotics (Thiruvananthapuram).
Partner/Principal Name: Praveen Dubey

GVFL

Website: https://www.gvfl.com
Target Tier Cities: Pan-India including Jaipur, with a focus on Gujarat.
Investment Stage: Pre-seed to Series A/B.
Cheque Size (INR): ₹50 Lakh–₹3 Crore (Prarambh), ₹5 Crore–₹20 Crore (Emerging).
Sectors of Interest: Agritech, HealthTech, Fintech, CleanTech, DefenceTech, EnterpriseTech, Consumer brands.
Notable Portfolio Startups from Tier 2/3: Evify, GROWiT (Surat), Garaaz (Jaipur).
Partner/Principal Name: Pulkit Mehrotra

Swishin Ventures

Website: https://www.swishin.vc
Target Tier Cities: Explicitly focused on Tier 2/3 cities.
Investment Stage: Seed with follow-on up to Series A.
Cheque Size (INR): Part of a $20 million SEBI-approved fund.
Sectors of Interest: BFSI, Consumer, DeepTech, Healthcare.
Notable Portfolio Startups from Tier 2/3: Recently launched fund actively building its portfolio.
Partner/Principal Name: Mahavir Pratap Sharma

Marwari Catalyst

Website: www.marwaricatalysts.com/
Target Tier Cities: Focused on non-metro regions and the innovation ecosystem in "Bharat".
Investment Stage: Pre-seed and early stages (Thrive program).
Cheque Size (INR): ₹25 Lakhs minimum, up to ₹1 Crore including follow-ons.
Sectors of Interest: D2C, EdTech, FinTech, HealthTech (sector-agnostic approach).
Notable Portfolio Startups from Tier 2/3: Jaipur Watch Company (Jaipur).
Partner/Principal Name: Vivek Bhati

Ivy Growth Associates / Arigato Capital

Website: ivygrowth.co.in/
Target Tier Cities: Surat-based, with an expanding Tier 2/3 city footprint.
Investment Stage: Pre-Series A.
Cheque Size (INR): Average ticket size ~₹4 Crore.
Sectors of Interest: AgriTech, CleanTech, GenAI, FinTech, Consumer Brands, SaaS (sector-agnostic).
Notable Portfolio Startups from Tier 2/3: Evify and GROWiT (Surat).
Partner/Principal Name: Rachit Poddar

LetsVenture

Website: https://www.letsventure.com
Target Tier Cities: Key connector across all tiers, including non-metros.
Investment Stage: Early-stage seed to growth rounds.
Cheque Size (INR): Varies by syndicate and startup.
Sectors of Interest: Sector-agnostic.
Notable Portfolio Startups from Tier 2/3: Khatabook and Dukaan (deep penetration in non-metros).
Partner/Principal Name: Pranav Mahajani

JITO Angel Network

Website:www.jitojiif.com/
Target Tier Cities: 40% of network based in Tier 2/3 cities.
Investment Stage: Early-stage.
Cheque Size (INR): Up to ₹12 Crore.
Sectors of Interest: Sector-agnostic with ethical exclusions (no alcohol, non-veg, leather).
Notable Portfolio Startups from Tier 2/3: AayushBharat (Kota), GROWiT (Surat).
Partner/Principal Name: Amish Dedhia, Prof. Bharat Oswal

All in Capital (Elevator Pitch 2.0)

Website: https://www.allincapital.vc
Target Tier Cities: Elevator Pitch 2.0 targets Tier 2/3 city founders.
Investment Stage: Early-stage with valuation below ₹50 Crore.
Cheque Size (INR): Backed by ₹5 Crore corpus.
Sectors of Interest: FinTech, SaaS, Consumer, Health, AI, DeepTech (sector-agnostic).
Notable Portfolio Startups from Tier 2/3: Actively building the portfolio.
Partner/Principal Name: Kushal Bhagia

Venture Catalysts

Website: venturecatalysts.in
Target Tier Cities: Active in 30+ Tier 2/3 cities including Ahmedabad, Lucknow, Jaipur, Indore. 50%+ of portfolio from non-metros.
Investment Stage: Idea, Seed, and Series A (through sectoral funds)
Cheque Size (INR): ₹4-16 Cr ($500k–$2M)
Sectors of Interest: Sector-agnostic: Fintech, Health, Agritech, Consumer, AI, EV
Notable Tier 2/3 Startups: ConfirmTkt (Hubballi), DealShare (Jaipur)
Partner: Madhav Bhaskar

Anicut Capital

Website:www.anicutcapital.com/
Target Tier Cities: Erode, Coimbatore, Kochi and other Tier 2/3 hubs
Investment Stage: Seed to Series B; Venture Debt for later stages
Cheque Size (INR): ₹3–5 Cr (Seed), ₹15–30 Cr (Series A/B)
Sectors of Interest: Fintech, Consumer, EV, DeepTech, Logistics, SaaS
Notable Tier 2/3 Startups: Milky Mist (Erode), SFO Technologies (Kochi)
Partner: Aditya Roy

100X.VC

Website: 100x.vc
Target Tier Cities: Jammu, Kochi, Bhopal, Lucknow, and more
Investment Stage: Pre-Seed (first institutional cheque)
Cheque Size (INR): ₹1.25 Cr per startup (via iSAFE)
Sectors of Interest: Tech-first, sector-agnostic: Consumer, SaaS, Fintech, DeepTech
Notable Tier 2/3 Startups: FastBeetle (Kashmir), SahiPay (Bhopal)
Partner: Sanjay Mehta – Founder & Partner

Indian Angel Network (IAN) & IAN Fund

Website: indianangelnetwork.com
Target Tier Cities: Jaipur, Chandigarh, Indore, Kochi, Guwahati
Investment Stage: Seed to Series A (via IAN Fund)
Cheque Size (INR): ₹50L-₹10 Cr
Sectors of Interest: Tech, Health, Education, Fintech, Travel, Agritech
Notable Tier 2/3 Startups: ShopKirana (Indore), Wow! Momo (Kolkata)
Partner: Padmaja Ruparel – Co-founder & President

Inflection Point Ventures (IPV)

Website: ipventures.in
Target Tier Cities: Jaipur, Chandigarh, Calicut, Bhubaneswar, Coimbatore
Investment Stage: Seed & Pre-Series A
Cheque Size (INR): ₹2-4 Cr avg deal size
Sectors of Interest: Consumer Internet, D2C, SaaS, EdTech, Fintech
Notable Tier 2/3 Startups: Medcords (Kota), BigSpoon (Ahmedabad)
Partner: Dimple Mirchandani

We Founder Circle (WFC)

Website: wefoundercircle.com
Target Tier Cities: Jaipur, Pune, Lucknow, Surat, Guwahati
Investment Stage: Pre-Seed and Seed
Cheque Size (INR): ₹1–3 Cr (₹5–25L per angel)
Sectors of Interest: Consumer-Tech, Fintech, E-Commerce, B2B SaaS, DeepTech
Notable Tier 2/3 Startups: ElectricPe (Tier 2 expansion), Farmley (Noida)
Partner: Gaurav VK Singhvi

Mumbai Angels Network

Website: mumbaiangels.com
Target Tier Cities: Pune, Jaipur, Kolkata, Vizag, Chandigarh
Investment Stage: Seed / Angel rounds
Cheque Size (INR): ₹50L- ₹3 Cr
Sectors of Interest: Tech-enabled businesses across sectors
Notable Tier 2/3 Startups: BookingJini (Bhubaneswar), GalaxyCard (Jaipur)
Partner: Sasha Mirchandani

CIIE.CO & Bharat Inclusion Seed Fund

Website: ciie.co
Target Tier Cities: Rural and Tier-2/3 focused startups pan-India
Investment Stage: Pre-Seed to early Series A
Cheque Size (INR): ₹50L–₹2 Cr (equity), ₹10–25L (grants)
Sectors of Interest: Fintech, Agritech, Healthcare, Cleantech, GovTech
Notable Tier 2/3 Startups: Gramophone (Indore), Saral Designs
Partner: Vipul Patel – Partner, Seed Investing

Ankur Capital

Website: ankurcapital.com
Target Tier Cities: Small towns, rural and Tier-3 cities
Investment Stage: Seed and early Series A
Cheque Size (INR): ₹1-5 Cr
Sectors of Interest: Agritech, Education, Healthcare, Fintech, Livelihoods
Notable Tier 2/3 Startups: Gobasco (Alwar), Neuron (rural diagnostics)
Partner: Debansh Sahoo

Villgro Innovations Foundation

Website: villgro.org
Target Tier Cities: Deep rural India and small towns
Investment Stage: Pre-Seed grants, Seed equity
Cheque Size (INR): ₹10L–₹1 Cr
Sectors of Interest: Agriculture, Clean Energy, Healthcare, Education
Notable Tier 2/3 Startups: Paperman (TN), Desicrew (TN), Sabjikothi (villages)
Partner: Vaishnavi Chandrasekar

Aavishkaar Capital

Website: aavishkaarcapital.in
Target Tier Cities: Active in Jaipur, Nagpur, Bhubaneswar, and rural regions
Investment Stage: Series A to C
Cheque Size (INR): ₹15-40 Cr ($2–5M)
Sectors of Interest: Financial inclusion, Agritech, Food, Sustainability, Healthcare, Education
Notable Tier 2/3 Startups: Nepra (Ahmedabad), Ergos (Bihar)
Partner: Anurag Agrawal

Social Alpha (FISE)

Website: socialalpha.org
Target Tier Cities: Northeast, hill states, and rural India
Investment Stage: Pre-Seed (grants) to Seed (equity)
Cheque Size (INR): ₹20–50L (grants), ₹50L–₹3 Cr (equity)
Sectors of Interest: ClimateTech, Agri-tech, Health, Waste, Water, Sanitation
Notable Tier 2/3 Startups: Innaumation (Tier 2 hospitals), Krishi Rajan (UP)
Partner: Aathira Jayaraj

Artha Venture Fund

Website: artha.vc/
Target Tier Cities: Nagpur, Jaipur, Surat, and other Tier 2 cities
Investment Stage: Seed to Series A
Cheque Size (INR): ₹3–8 Cr
Sectors of Interest: D2C, Fintech, B2B SaaS, Mass-market tech
Notable Tier 2/3 Startups: LenDenClub, Kahanibox (Jaipur)
Partner: Siddhartha Padhye

Unitus Ventures (Unitus Seed Fund)

Website: capria.vc/
Target Tier Cities: Pan-India with Bharat-first focus (e.g., Hubli, Jaipur)
Investment Stage: Seed and early Series A
Cheque Size (INR): ₹1.2–₹4 Cr
Sectors of Interest: EdTech, Fintech, JobTech, Agri/Food, Healthcare
Notable Tier 2/3 Startups: Hesa (Telangana), Utter (Lucknow)
Partner: Sanjiv Rangrass

Pentathlon Ventures

Website: pentathlon.vc
Target Tier Cities: Pune-based, actively building the B2B SaaS ecosystem in Tier 2 cities pan-India.
Investment Stage: Seed and Pre-Series A for early-stage B2B SaaS companies.
Cheque Size (INR): ₹2 Crore to ₹8 Crore ($250K–$1M).
Sectors of Interest: B2B SaaS, Enterprise Software, and DeepTech solutions.
Notable Portfolio Startups from Tier 2/3: Deeptek (Pune), ShopKirana (Indore). Partner/Principal Name: Samir Karande

Axilor Ventures

Website: axilor.com
Target Tier Cities: Accepts startups from Tier 2/3 cities like Madurai and Bhagalpur
Investment Stage: Pre-Seed (Accelerator) to Seed
Cheque Size (INR): ₹25–50L (Accelerator), up to ₹3–5 Cr (Seed Fund)
Sectors of Interest: Consumer, Enterprise, Fintech, Supply Chain, DeepTech
Notable Tier 2/3 Startups: Beardo (Ahmedabad), Three Wheels United (Tier 3 drivers)
Partner: Nandan Venkatachalam

Blume Ventures

Website: blume.vc
Target Tier Cities: Invests in Bharat-focused startups (e.g., Manipal, Pune)
Investment Stage: Seed to Series A
Cheque Size (INR): ₹1–7 Cr
Sectors of Interest: D2C, Fintech, Marketplaces, SME Tech, SaaS
Notable Tier 2/3 Startups: Detect Technologies (Chennai), Truckle (Udaipur)
Partner: Ashish Fafadia

Antler India

Website: antler.co
Target Tier Cities: Solo founders from Coimbatore, Bhubaneswar, Kochi and beyond
Investment Stage: Day 0, Ideation to Pre-Seed
Cheque Size (INR): ₹1–1.2 Cr (~$100–150K)
Sectors of Interest: DeepTech, Fintech, Web3, SaaS, D2C, scalable tech
Notable Tier 2/3 Startups: Bookee (Jaipur founder), Navalt (Kochi – solar boats)
Partner: Rajiv Srivatsa

Village Capital

Website: vilcap.com
Target Tier Cities: Remote accelerator participants from Tier 2 cities across India
Investment Stage: Pre-Seed and Seed (Accelerator-driven)
Cheque Size (INR): ~$50K (₹40–50L)
Sectors of Interest: Fintech, EdTech, Sustainable Agriculture, Health, Climate
Notable Tier 2/3 Startups: Leap Skills, Medcords (Kota)
Partner: Allie Burns – CEO

Omidyar Network India

Website: https://omidyar.com/
Target Tier Cities: 50%+ of portfolio startups based outside top 3 metros
Investment Stage: Seed to Series B
Cheque Size (INR): ₹80L–₹40 Cr+ ($100K–$5M+)
Sectors of Interest: Fintech inclusion, CivicTech, EdTech, GovTech, Agritech
Notable Tier 2/3 Startups: DealShare (Jaipur), Arya Collateral (Noida)
Partner: Anmol Chaddha

Acumen India (Acumen Fund)

Website: acumen.org
Target Tier Cities: Rajasthan, UP, Bihar, NE India – deep rural regions
Investment Stage: Seed to Early Growth
Cheque Size (INR): ₹80L–₹4 Cr ($100K–$500K), up to ₹8 Cr
Sectors of Interest: Energy, Livelihoods, Healthcare, Water, Workforce
Notable Tier 2/3 Startups: Frontier Markets (Jaipur), LabinApp (Hubli)
Partner: Apsara Prabhakar

Quona Capital

Website: quona.com
Target Tier Cities: Ahmedabad, Jaipur, Chennai, Tier 2+ financial ecosystems
Investment Stage: Series A to C
Cheque Size (INR): ₹25–80 Cr ($3–10M)
Sectors of Interest: Fintech, Insurtech, LendingTech, PropTech
Notable Tier 2/3 Startups: Lendingkart (Ahmedabad), Shubham Housing
Partner: Shaleen Baweja