Agricultural drone over fields
Path

We invest where India's growth is just beginning.

For the first time, the right conditions exist for viable businesses
building for India's Next Billion.

01 The conditions are here

Digital identity, instant payments, mobile connectivity and physical infrastructure have dramatically reduced the cost of reaching the Next Billion, delivering services, and building trust at scale.

Digital
>85%
Indian households now have a smartphone
Financial
23.6B/mo
UPI transactions · ₹29.8L Cr value (Mar '25)
Physical
>95%
Villages connected by road
Social
100M
Women in 11M Self-Help Groups

And yet the sectors that employ most Indians remain underserved.

The opportunity
02 Where we focus

Five areas at the heart of the Indian economy.

Agricultural value chains
44% of workforce

Agricultural Value Chains

Agriculture still employs nearly half of India's workforce, yet productivity remains low. We back founders improving inputs, advisory, traceability, post-harvest infrastructure and market access.

MSME productivity
$240B+ credit gap

MSME Productivity

India's small businesses employ millions but lack access to technology, capital and efficient supply chains. We invest in businesses helping MSMEs produce more, sell more and grow faster.

Financial inclusion
3.7% insurance penetration

Financial Inclusion

Millions of Indians remain underserved by traditional financial institutions. We support founders expanding access to credit, savings, insurance and tools built for real-world needs.

Market access
Fragmented supply chains

Market Access

Small producers and businesses often capture a fraction of what their work is worth. We back founders connecting them to larger, fairer markets — better prices, wider reach and more reliable demand.

Climate resilience
Adaptation at the last mile

Climate Resilience

Low-income communities are most exposed to climate shocks and least equipped to absorb them. We back founders building tools and infrastructure that help vulnerable households adapt.

03 What we offer

More than capital.

01

Early-stage funding

Patient capital at the earliest, hardest stages — before the risks are mitigated and most investors will commit.

02

Expert mentorship

Hands-on guidance and access to a deep network of industry experts, operators and founders who've built at scale.

03

Access & partnerships

Doors to markets, distribution, government partnerships and the institutional relationships that accelerate scale.

04 Across every sector

We back founders solving hard problems in large, fast-growing markets, with technology-driven advantages and the potential to improve millions of lives.

For founders

Building in these markets?

If you're building across any of these focus areas, we'd like to hear from you.

Apply for funding