The Venture Codex Logo

The Venture Codex

Overview

Early stage investor funding disruptive businesses for Indian consumers.

Founded

2012

Deals ยท 12mo

10

Stage focus

Seed
Series A

Geographic focus

India
United States

Sector focus

Venture Capital

Investment portfolio

80rounds
NAMEDATESIZE
Utsav
Aug 2026Participated
$4 MSeries A
Vingo
Aug 2026Led
$1 MSeed
Reo.Dev
Jul 2026Participated
$11 MSeries A
Gimi Michi
Jun 2026Led
$1 MSeed
Omli
Jun 2026Led
$2 MSeed
Helium Smart Air
Apr 2026Led
$2 MSeed
Novelty Wealth
Mar 2026Led
$1 MSeed
Home Essentials
Feb 2026Participated
$8 MSeries B
Lorazzo
Jan 2026Led
$0.55 MSeed
Lendingkart
Nov 2025Participated
$96 MSeries F
Reo.Dev
Oct 2025Participated
$4 MSeed
Navo
Sep 2025Led
$0.90 MSeed
Utsav
Aug 2026Participated
$4 MSeries A
Vingo
Aug 2026Led
$1 MSeed
Reo.Dev
Jul 2026Participated
$11 MSeries A
Gimi Michi
Jun 2026Led
$1 MSeed
Omli
Jun 2026Led
$2 MSeed
Helium Smart Air
Apr 2026Led
$2 MSeed
Novelty Wealth
Mar 2026Led
$1 MSeed
Home Essentials
Feb 2026Participated
$8 MSeries B
Lorazzo
Jan 2026Led
$0.55 MSeed
Lendingkart
Nov 2025Participated
$96 MSeries F
Reo.Dev
Oct 2025Participated
$4 MSeed
Navo
Sep 2025Led
$0.90 MSeed
80
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

India Quotient: 80 funding rounds are recorded in the selected participation categories.All available history.
India Quotient: 80 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed196
Series A421
Series B18
Series C+04
Other Equity79
Debt01

Monthly Deal Activity

India Quotient: 80 deals are recorded across 157 months.All available history.
India Quotient: 80 deals are recorded across 157 months. All available history
MonthDeals
Oct '131
Nov '130
Dec '131
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '141
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '153
Apr '150
May '150
Jun '150
Jul '150
Aug '151
Sep '150
Oct '151
Nov '150
Dec '150
Jan '161
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '161
Aug '160
Sep '160
Oct '161
Nov '161
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '171
Jul '171
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '181
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '181
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '191
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '191
Aug '192
Sep '191
Oct '191
Nov '192
Dec '190
Jan '200
Feb '201
Mar '200
Apr '200
May '200
Jun '201
Jul '200
Aug '200
Sep '201
Oct '202
Nov '200
Dec '201
Jan '211
Feb '210
Mar '211
Apr '210
May '211
Jun '210
Jul '211
Aug '210
Sep '211
Oct '211
Nov '210
Dec '211
Jan '222
Feb '222
Mar '220
Apr '220
May '220
Jun '221
Jul '220
Aug '222
Sep '222
Oct '221
Nov '220
Dec '220
Jan '230
Feb '231
Mar '231
Apr '230
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '232
Nov '230
Dec '231
Jan '240
Feb '241
Mar '240
Apr '241
May '241
Jun '243
Jul '240
Aug '242
Sep '241
Oct '242
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '251
Aug '251
Sep '253
Oct '251
Nov '251
Dec '250
Jan '261
Feb '261
Mar '261
Apr '261
May '260
Jun '262
Jul '261
Aug '262
Sep '260
Oct '260

Sector Breakdown

India Quotient: Enterprise Software is the largest displayed sector by deal count (27 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.

India Quotient: Enterprise Software is the largest displayed sector by deal count (27 deals). All available history
SectorDeals
Enterprise Software27
E-Commerce & Retail17
Networks, Cloud & Communication17
Consumer & Lifestyle15
Fintech15
AI & Machine Learning13
Social & Community Platforms11
Food & Agriculture9
Professional Services9
Data, Analytics & IT8
Marketing & Advertising8
Hardware & Robotics8
Media & Entertainment6
Health & Life Sciences6
Developer Tools5
Education & Workforce4
Real Estate & Construction4
Transportation & Logistics4
Manufacturing2
Gaming & eSports2
Travel & Hospitality1
Space & Frontier Tech1

Deal Size Distribution

India Quotient: 80 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.

India Quotient: 80 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M48
$5M-$10M13
$10M-$25M11
$25M-$50M5
$50M-$100M2
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

India Quotient: India has the largest recorded deal count among the displayed regions (74 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

India Quotient: India has the largest recorded deal count among the displayed regions (74 deals). All available history
RegionDeals
India74
United States5
Indonesia1
India Quotient: 20 co-investors are shown, with Shunwei Capital sharing 7 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.

Investment Strategy

India Quotient: Led accounts for 39% and participating for 61% of round participation.All available history.
India Quotient: Led accounts for 39% and participating for 61% of round participation. All available history
CategoryDeals (count)Share (%)
Led3139%
Participating4961%
India Quotient: Single-lead accounts for 58% and co-led for 42% of lead dynamics.All available history.
India Quotient: Single-lead accounts for 58% and co-led for 42% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1858%
Co-led1342%

Team

Anand Lunia

Founding Partner

Madhukar Sinha

Founding Partner

Mohit Mittal

Associate

Rajan Anandan

Managing Director

Sahil Makkar

Investor