Multi-stage VC · Series A–Late stage · Mumbai
Norwest Venture Partners
Verified by Women Can StartupSnapshot
- Firm type
- Multi-stage VC
- Founded
- 1961
- Headquarters
- Mumbai
- Other offices
- Menlo Park, San Francisco, Tel Aviv
- Fund / AUM
- Over $15.5B global capital under management; NVP XVII closed at $3B (2024)
- Typical cheque
- $10M – $100M (India)
- Geographies
- India, US, Israel
- Leads rounds
- Yes
- Last updated
- 23 July 2026
About Norwest Venture Partners
A global venture and growth-equity firm headquartered in Menlo Park, California, that has invested in India since 2005 from a Mumbai office. Norwest India backs high-growth consumer, fintech, SaaS and healthcare companies, typically writing $10M to $100M cheques across venture and growth stages.
Norwest Venture Partners is a multi-stage vc based in Mumbai, founded in 1961, investing in India. It backs companies at the Series A, Series B, Growth and Late stage stages, with a focus on Fintech, Consumer, SaaS, Enterprise and Healthcare. Typical cheques run $10M – $100M (India). It usually leads the rounds it joins.
On fund size, the firm reports Over $15.5B global capital under management; NVP XVII closed at $3B (2024). Beyond India, it also invests in US and Israel. Its portfolio includes Swiggy, Pepperfry, IndusInd Bank, Cholamandalam Investment and SILA.
Investment focus
Notable investments
5 of Norwest Venture Partners’s better-known bets, grouped by sector. Names in coral open the company’s profile or founder story on this site.
Financial services
Food delivery
E-commerce
Real estate services
How to pitch Norwest Venture Partners
Practical pointers drawn from what Norwest Venture Partners says it backs. Always confirm the current focus and process with the firm before you reach out.
- They invest at Series A, Series B, Growth and Late stage. Approach them when your company is with clear product-market fit and early revenue, through to companies at significant scale.
- Their focus is Fintech, Consumer, SaaS, Enterprise and Healthcare, so lead with why you fit there.
- Cheques are typically $10M – $100M (India), so size your round and ask accordingly.
- The strongest way in is a warm introduction, ideally from a founder they have backed, such as Swiggy, Pepperfry and IndusInd Bank.
- You can find the team and their current focus on their website, linked below.
Partner
Niren Shah
Managing Director & Head of India
Website & links
Frequently asked questions
- What stage does Norwest Venture Partners invest at?
- Norwest Venture Partners invests at the Series A, Series B, Growth and Late stage stages, typically writing cheques of $10M – $100M (India).
- What sectors does Norwest Venture Partners invest in?
- Norwest Venture Partners focuses on Fintech, Consumer, SaaS, Enterprise and Healthcare.
- Which companies has Norwest Venture Partners invested in?
- Notable investments include Swiggy, Pepperfry, IndusInd Bank, Cholamandalam Investment and SILA. See the full list on this page.
- Who are the partners at Norwest Venture Partners?
- Key people include Niren Shah (Managing Director & Head of India).
- Where is Norwest Venture Partners based?
- Norwest Venture Partners is headquartered in Mumbai, with additional offices in Menlo Park, San Francisco and Tel Aviv.
- Does Norwest Venture Partners invest in women founders?
- Norwest Venture Partners 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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