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IAN Fund

301-302, 3rd floor, Delhi Blue Apartments, Main Ring Road, Near Safdarjung Hospital, New Delhi, Delhi, 110029, India

Overview

Early stage investment fund focusing on seed and consumer markets.

Deals · 12mo

8

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

India

Sector focus

—

Investment portfolio

37rounds
NAMEDATESIZE
IndigoTex
Oct 2026Led
$0.52 MOther Equity
CarbonStrong
Aug 2026Led
$1 MSeed
Invisel
Aug 2026Led
$0.42 MSeed
Biodimension
Jun 2026Led
$0.84 MOther Equity
The Sweet Change
May 2026Led
$0.07 MOther Equity
Peping
Mar 2026Led
$0.27 MOther Equity
EndureAir Systems
Oct 2025Participated
$3 MOther Equity
Fery Rides
Oct 2025Led
$0.23 MSeed
PlaySuper
Sep 2025Participated
$1 MSeed
Famyo
Aug 2025Led
$0.46 MSeed
Manastu Space
Aug 2025Participated
$3 MSeries A
Fyllo
Jun 2024Participated
$4 MOther Equity
IndigoTex
Oct 2026Led
$0.52 MOther Equity
CarbonStrong
Aug 2026Led
$1 MSeed
Invisel
Aug 2026Led
$0.42 MSeed
Biodimension
Jun 2026Led
$0.84 MOther Equity
The Sweet Change
May 2026Led
$0.07 MOther Equity
Peping
Mar 2026Led
$0.27 MOther Equity
EndureAir Systems
Oct 2025Participated
$3 MOther Equity
Fery Rides
Oct 2025Led
$0.23 MSeed
PlaySuper
Sep 2025Participated
$1 MSeed
Famyo
Aug 2025Led
$0.46 MSeed
Manastu Space
Aug 2025Participated
$3 MSeries A
Fyllo
Jun 2024Participated
$4 MOther Equity
37
Items
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Insights

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Deal Distribution

IAN Fund: 37 funding rounds are recorded in the selected participation categories.All available history.
IAN Fund: 37 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed61
Series A66
Series B04
Other Equity86

Monthly Deal Activity

IAN Fund: 37 deals are recorded across 110 months.All available history.
IAN Fund: 37 deals are recorded across 110 months. All available history
MonthDeals
Sep '171
Oct '170
Nov '170
Dec '170
Jan '180
Feb '181
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '191
Feb '190
Mar '190
Apr '191
May '190
Jun '190
Jul '191
Aug '190
Sep '191
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '201
Jun '201
Jul '200
Aug '201
Sep '201
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '211
Jun '210
Jul '213
Aug '210
Sep '214
Oct '210
Nov '210
Dec '211
Jan '220
Feb '220
Mar '220
Apr '221
May '220
Jun '220
Jul '220
Aug '221
Sep '220
Oct '220
Nov '220
Dec '220
Jan '231
Feb '231
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '231
Dec '230
Jan '240
Feb '240
Mar '241
Apr '240
May '240
Jun '241
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '252
Sep '251
Oct '252
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '260
May '261
Jun '261
Jul '260
Aug '262
Sep '260
Oct '261

Sector Breakdown

IAN Fund: Networks, Cloud & Communication is the largest displayed sector by deal count (8 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.

IAN Fund: Networks, Cloud & Communication is the largest displayed sector by deal count (8 deals). All available history
SectorDeals
Networks, Cloud & Communication8
Real Estate & Construction6
Transportation & Logistics6
Enterprise Software5
E-Commerce & Retail5
Health & Life Sciences5
AI & Machine Learning5
Food & Agriculture5
Education & Workforce4
Clean Energy & Sustainability4
Space & Frontier Tech4
Consumer & Lifestyle4
Hardware & Robotics4
Manufacturing3
Professional Services3
Data, Analytics & IT2
Marketing & Advertising2
Cybersecurity & Privacy1
AR/VR1
Fintech1
Media & Entertainment1
Gaming & eSports1

Deal Size Distribution

IAN Fund: 37 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.

IAN Fund: 37 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M29
$5M-$10M4
$10M-$25M3
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

IAN Fund: India has the largest recorded deal count among the displayed regions (36 deals).All available history.

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

IAN Fund: India has the largest recorded deal count among the displayed regions (36 deals). All available history
RegionDeals
India36
United States1
IAN Fund: 20 co-investors are shown, with India Quotient sharing 3 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.

IAN Fund: 20 co-investors are shown, with India Quotient sharing 3 recorded deals. All available history
Co-investorShared deals
India Quotient3
Social Alpha3
Athera Venture Partners2
Blume Ventures2
Exfinity Venture Partners2
Indian Angel Network2
KIAORA2
LetsVenture2
Triveni Trusts2
021 Capital1
11-11 Ventures1
9Unicorns1
AdvantEdge VC1
AET Fund1
Alteria Capital1
ArtPark1
Audacity1
Auxano Capital1
Beenext1
BeyondSeed1

Investment Strategy

IAN Fund: Led accounts for 54% and participating for 46% of round participation.All available history.
IAN Fund: Led accounts for 54% and participating for 46% of round participation. All available history
CategoryDeals (count)Share (%)
Led2054%
Participating1746%
IAN Fund: Single-lead accounts for 60% and co-led for 40% of lead dynamics.All available history.
IAN Fund: Single-lead accounts for 60% and co-led for 40% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1260%
Co-led840%

Team

Hari Balasubramanian
Padmaja Ruparel

Co-Founder

Sarika Saxena

Managing Partner

Saurabh Srivastava

Co-Founder

Sri Prakash
Uday Chatterjee

Investment Committee