Early-stage VC · Seed–Series A · New Delhi
Leo Capital
Verified by Women Can StartupSnapshot
- Firm type
- Early-stage VC
- Founded
- 2018
- Headquarters
- New Delhi
- Other offices
- Singapore
- Fund / AUM
- ~$200M raised across three early-stage funds
- Geographies
- India, SEA
- Leads rounds
- Yes
- Last updated
- 23 July 2026
About Leo Capital
An early-stage, technology-centric fund investing in India, India-built global SaaS and Southeast Asia, with a lean toward AI, deeptech and fintech.
Leo Capital is an early-stage vc based in New Delhi, founded in 2018, investing in India. It backs companies at the Seed and Series A stages, with a focus on B2B SaaS, Fintech, AI, Deeptech and Consumer internet. It usually leads the rounds it joins.
On fund size, the firm reports ~$200M raised across three early-stage funds. Beyond India, it also invests in SEA. Its portfolio includes LambdaTest.
Investment focus
Notable investments
1 of Leo Capital’s better-known bets, grouped by sector. Names in coral open the company’s profile or founder story on this site.
How to pitch Leo Capital
Practical pointers drawn from what Leo 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 B2B SaaS, Fintech, AI, Deeptech and Consumer internet, so lead with why you fit there.
- The strongest way in is a warm introduction, ideally from a founder they have backed, such as LambdaTest.
- You can find the team and their current focus on their website, linked below.
Partners
Rajul Garg
Founder & Managing Partner
Shwetank Verma
Co-founder & Managing Partner
Dinesh Singh
Partner
Ravi Srivastava
Partner
Website & links
Frequently asked questions
- What stage does Leo Capital invest at?
- Leo Capital invests at the Seed and Series A stages.
- What sectors does Leo Capital invest in?
- Leo Capital focuses on B2B SaaS, Fintech, AI, Deeptech and Consumer internet.
- Which companies has Leo Capital invested in?
- Notable investments include LambdaTest. See the full list on this page.
- Who are the partners at Leo Capital?
- Key people include Rajul Garg (Founder & Managing Partner), Shwetank Verma (Co-founder & Managing Partner), Dinesh Singh (Partner) and Ravi Srivastava (Partner).
- Where is Leo Capital based?
- Leo Capital is headquartered in New Delhi, with additional offices in Singapore.
- Does Leo Capital invest in women founders?
- Leo 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.
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