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The Venture Codex

Fundamentum

10th Floor, Vatika Towers, Tower B, Sector 54, Gurugram, Haryana, 122002, India

Overview

Building sustainable companies with speed and scalability.

Founded

2017

Deals · 12mo

7

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series B
Series C

Geographic focus

India
United States

Sector focus

—

Investment portfolio

23rounds
NAMEDATESIZE
Apna Mart
Jun 2026Led
$13 MSeries C
Wishlink
Feb 2026Participated
$18 MSeries B
Stable Money
Feb 2026Participated
$25 MSeries C
Smartcoin
Feb 2026Led
$23 MSeries B
Whizzo
Jan 2026Led
$4 MSeries A
Spinny
Dec 2025Participated
$160 MSeries G
Whizzo
Nov 2025Led
$11 MSeries A
TransBnk
Aug 2025Participated
$25 MSeries B
AppsForBharat
Jul 2025Participated
$20 MSeries C
FlexiLoans
Sep 2024Participated
$35 MSeries C
AppsForBharat
Sep 2024Led
$18 MSeries B
Ayu Health
Jul 2024Led
$19 MSeries B
Apna Mart
Jun 2026Led
$13 MSeries C
Wishlink
Feb 2026Participated
$18 MSeries B
Stable Money
Feb 2026Participated
$25 MSeries C
Smartcoin
Feb 2026Led
$23 MSeries B
Whizzo
Jan 2026Led
$4 MSeries A
Spinny
Dec 2025Participated
$160 MSeries G
Whizzo
Nov 2025Led
$11 MSeries A
TransBnk
Aug 2025Participated
$25 MSeries B
AppsForBharat
Jul 2025Participated
$20 MSeries C
FlexiLoans
Sep 2024Participated
$35 MSeries C
AppsForBharat
Sep 2024Led
$18 MSeries B
Ayu Health
Jul 2024Led
$19 MSeries B
23
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Deal Distribution

Fundamentum: 23 funding rounds are recorded in the selected participation categories.All available history.
Fundamentum: 23 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A30
Series B72
Series C+47

Monthly Deal Activity

Fundamentum: 23 deals are recorded across 103 months.All available history.
Fundamentum: 23 deals are recorded across 103 months. All available history
MonthDeals
Apr '181
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '201
Apr '200
May '200
Jun '200
Jul '200
Aug '201
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '211
May '211
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '211
Jan '220
Feb '220
Mar '220
Apr '221
May '220
Jun '220
Jul '220
Aug '220
Sep '221
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '231
Oct '230
Nov '230
Dec '230
Jan '240
Feb '241
Mar '240
Apr '241
May '240
Jun '240
Jul '241
Aug '240
Sep '242
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '251
Aug '251
Sep '250
Oct '250
Nov '251
Dec '251
Jan '261
Feb '263
Mar '260
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Fundamentum: Enterprise Software is the largest displayed sector by deal count (9 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Fundamentum: Enterprise Software is the largest displayed sector by deal count (9 deals). All available history
SectorDeals
Enterprise Software9
Fintech8
E-Commerce & Retail7
Transportation & Logistics7
Media & Entertainment4
Consumer & Lifestyle3
Networks, Cloud & Communication3
Marketing & Advertising2
Manufacturing2
Health & Life Sciences2
AI & Machine Learning2
Professional Services2
Social & Community Platforms2
Travel & Hospitality1
Food & Agriculture1

Deal Size Distribution

Fundamentum: 23 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Fundamentum: 23 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M1
$10M-$25M10
$25M-$50M7
$50M-$100M1
$100M-$250M2
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

Fundamentum: India has the largest recorded deal count among the displayed regions (21 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Fundamentum: India has the largest recorded deal count among the displayed regions (21 deals). All available history
RegionDeals
India21
United States2
Fundamentum: 20 co-investors are shown, with Elevation Capital sharing 5 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Fundamentum: 20 co-investors are shown, with Elevation Capital sharing 5 recorded deals. All available history
Co-investorShared deals
Elevation Capital5
Peak XV Partners4
Accel3
General Catalyst3
Accion2
Alteria Capital2
Arena Holdings2
Beenext2
Bessemer Venture Partners2
Blume Ventures2
Paramark Ventures2
SAIF Partners2
SIG Venture Capital2
Think Investments2
Vertex Ventures2
3one4 Capital1
57 Stars1
8i Ventures1
Accel India1
ADQ1

Investment Strategy

Fundamentum: Led accounts for 61% and participating for 39% of round participation.All available history.
Fundamentum: Led accounts for 61% and participating for 39% of round participation. All available history
CategoryDeals (count)Share (%)
Led1461%
Participating939%
Fundamentum: Single-lead accounts for 71% and co-led for 29% of lead dynamics.All available history.
Fundamentum: Single-lead accounts for 71% and co-led for 29% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1071%
Co-led429%

Team

Ashish Kumar

Partner

Mayank Kachhwaha
Nandan Nilekani

Co founder

Sanjeev Aggarwal

Co founder