What stage does Ankur Capital invest at?

Ankur Capital invests at the Seed and Series A stages.

What sectors does Ankur Capital invest in?

Ankur Capital focuses on Agritech, Deep tech, Healthtech, Fintech, Climate tech and AI.

Who are the partners at Ankur Capital?

Key people include Ritu Verma (Co-founder & Managing Partner) and Rema Subramanian (Co-founder & Managing Partner).

Where is Ankur Capital based?

Ankur Capital is headquartered in Mumbai.

Does Ankur Capital invest in women founders?

Ankur Capital is a generalist fund and backs strong founders regardless of gender, women founders included. For funds with an explicit women-founder mandate, see our women-focused funds list.

Early-stage VC · Seed–Series A · Mumbai

Ankur Capital

Verified by Women Can Startup

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Snapshot

Firm type: Early-stage VC
Founded: 2014
Headquarters: Mumbai
Fund / AUM: $100M+ AUM across two funds; Fund II ~$49.6M; Fund III targeting ~$150M
Geographies: India
Leads rounds: Yes
Last updated: 23 July 2026

About Ankur Capital

Co-founded by two women, Ritu Verma (a physicist) and Rema Subramanian, Ankur Capital makes early-stage investments in deep-science, agritech and technology startups tackling emerging-market problems across agriculture, health, biotech and climate.

Ankur Capital is an early-stage vc based in Mumbai, founded in 2014, investing in India. It backs companies at the Seed and Series A stages, with a focus on Agritech, Deep tech, Healthtech, Fintech and Climate tech. It usually leads the rounds it joins.

On fund size, the firm reports $100M+ AUM across two funds; Fund II ~$49.6M; Fund III targeting ~$150M. Its portfolio includes CropIn, Niramai, String Bio, Vegrow, Captain Fresh and BigHaat.

Investment focus

Stages

Seed Series A

Sectors

Agritech Deep tech Healthtech Fintech Climate tech AI

Notable investments

6 of Ankur Capital’s better-known bets, grouped by sector. Names in coral open the company’s profile or founder story on this site.

Agritech

CropIn

Vegrow

Captain Fresh

BigHaat

Healthtech

Niramai

Biotech

String Bio

How to pitch Ankur Capital

Practical pointers drawn from what Ankur Capital says it backs. Always confirm the current focus and process with the firm before you reach out.

They invest at Seed and Series A. Approach them when your company is with an early product and first signs of traction, through to companies with clear product-market fit and early revenue.
Their focus is Agritech, Deep tech, Healthtech, Fintech and Climate tech, so lead with why you fit there.
The strongest way in is a warm introduction, ideally from a founder they have backed, such as CropIn, Niramai and String Bio.
You can find the team and their current focus on their website, linked below.

Partners

Ritu Verma

Co-founder & Managing Partner

Rema Subramanian

Co-founder & Managing Partner

Website & links

Website ↗

Frequently asked questions

What stage does Ankur Capital invest at?: Ankur Capital invests at the Seed and Series A stages.
What sectors does Ankur Capital invest in?: Ankur Capital focuses on Agritech, Deep tech, Healthtech, Fintech, Climate tech and AI.
Which companies has Ankur Capital invested in?: Notable investments include CropIn, Niramai, String Bio, Vegrow, Captain Fresh and BigHaat. See the full list on this page.
Who are the partners at Ankur Capital?: Key people include Ritu Verma (Co-founder & Managing Partner) and Rema Subramanian (Co-founder & Managing Partner).
Where is Ankur Capital based?: Ankur Capital is headquartered in Mumbai.
Does Ankur Capital invest in women founders?: Ankur Capital is a generalist fund and backs strong founders regardless of gender, women founders included. For funds with an explicit women-founder mandate, see our women-focused funds list.