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Finvolve is a SEBI-registered multi-stage venture capital firm that provides funding and curated deal flow to wealth managers through alternative investment funds and syndicates. The firm targets pre-seed to growth-stage startups operating across sectors including climate action, healthcare, robotics, artificial intelligence, and the circular economy. In March 2024, the firm closed its maiden Category II Alternative Investment Fund at INR 100 crore and deployed INR 100 crore across 27 startups. Finvolve's investment portfolio features companies such as electric motorcycle manufacturer Matter, restaurant chain Samosa Party, and air defense systems developer Zulu Defence. The firm plans to deploy between INR 300 crore and INR 350 crore into 40 to 45 new companies during 2025. Formed as a joint venture between India Accelerator and Finolutions, Finvolve was founded in 2022 by Apoorva Vora and Ashish Bhatia.
Key people at Finvolve.
Finvolve was established as a joint venture between India Accelerator and Finolutions, combining their respective expertise to facilitate startup investments.
Finvolve was established as a joint venture between India Accelerator and Finolutions, combining their respective expertise to facilitate startup investments.
Finvolve is an investment firm headquartered in Gurgaon, Haryana, India, operating within the venture capital and private equity sector. It has established itself as India's only B2B-focused platform dedicated to facilitating startup investments. The firm's model is designed to connect wealth managers with opportunities to offer startups as an investment asset class to their accredited investors.
This unique approach addresses a specific market need by providing a structured channel for wealth managers to diversify their clients' portfolios with early-stage companies. Finvolve's platform aims to streamline the process, enabling a broader range of accredited investors to participate in the startup ecosystem through trusted financial advisors.
The firm operates as a joint venture, combining the expertise of India Accelerator and Finolutions. This collaboration underpins Finvolve's operational framework, leveraging the strengths of both entities to build and maintain its B2B network for startup investments.
Finvolve's overarching goal is to empower wealth managers across India by providing them with the tools and access necessary to explore and engage with startup investments. This includes offering insights and opportunities in various emerging sectors, such as SpaceTech, as part of its broader investment focus.
By enabling wealth managers to confidently present startup investments, Finvolve contributes to the maturation of India's venture ecosystem, making this asset class more accessible and integrated into traditional wealth management strategies.
Finvolve has 8 tracked investments across 7 companies. The latest tracked deal is $5.0M Pre-Series A in IG Drones in March 2026.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 18, 2026 | IG Drones | $5.0M Pre-Series A | — | India Accelerator |
| Mar 11, 2026 | Constems AI Systems | $2.0M Pre-Series A | Finvolve, India Accelerator | AIF, Cognify, Iiml, Inflection Point Ventures |
| Feb 9, 2026 | Satlabs Space Systems | $993K Seed | Finvolve, India Accelerator | — |
| Oct 7, 2025 | TrusTerra | $1.0M Pre-Seed | Ashish Bhatia, Finvolve | Ayush Lohia, Kapil K Nirmal, Samrath JIT Singh, Shishir Maheshwari, Pratekk Agarwaal |
| Sep 30, 2025 | Recur Club | $50.0M Debt / Other Equity | Finvolve, Amit Behl, LC Nueva, Physis Capital, String Ventures | InCred Finance, U GRO Capital |
| Dec 28, 2023 | Proost69 | $3.3M Pre-Series A | — | Agility Venture Partners, AngelList India, Chimes Group, Hyderabad Angels, India Accelerator, Mumbai Angels, The Chennai Angels |
| Dec 1, 2023 | HouseEazy | $960K Seed | Antler | Venture Catalysts, Pirojsha Godrej, Sandeep Aggarwal, AC Ventures, Agility Ventures, India Accelerator |
| Apr 13, 2023 | Proost69 | $1.0M Pre-Series A | Finvolve, Getvantage, Hyderabad Angels, Mumbai Angels, Speed Fund | Dauble PTE |
Key people at Finvolve.
