What stage does Rainmatter invest at?

Rainmatter invests at the Pre-seed, Seed and Series A stages.

What sectors does Rainmatter invest in?

Rainmatter focuses on Fintech, Climate, Sustainability, Health and Media.

Who are the partners at Rainmatter?

Key people include Nithin Kamath (Founder (Zerodha co-founder & CEO)).

Where is Rainmatter based?

Rainmatter is headquartered in Bengaluru.

Does Rainmatter invest in women founders?

Rainmatter 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.

Corporate VC · Pre-seed–Series A · Bengaluru

Rainmatter

Verified by Women Can Startup

Visit website ↗LinkedIn ↗

Snapshot

Firm type: Corporate VC
Founded: 2016
Headquarters: Bengaluru
Fund / AUM: Perpetual fund; ~₹1,500 Cr deployed across 160+ startups (reported)
Geographies: India
Leads rounds: Yes
Last updated: 23 July 2026

About Rainmatter

The investment arm of stockbroker Zerodha, set up in 2016 as a perpetual fund that deploys patient capital without fixed exit mandates. It backs early-stage founders in fintech, climate, health and media, funded by Zerodha earmarking a share of its profits for startups.

Rainmatter is a corporate vc based in Bengaluru, founded in 2016, investing in India. It backs companies at the Pre-seed, Seed and Series A stages, with a focus on Fintech, Climate, Sustainability, Health and Media. It usually leads the rounds it joins.

On fund size, the firm reports Perpetual fund; ~₹1,500 Cr deployed across 160+ startups (reported). Its portfolio includes smallcase, Ditto Insurance, Fittr, The Whole Truth, Agnikul Cosmos and GalaxEye.

Investment focus

Stages

Pre-seed Seed Series A

Sectors

Fintech Climate Sustainability Health Media

Notable investments

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

Spacetech

Agnikul Cosmos

GalaxEye

Fintech

smallcase

Insurtech

Ditto Insurance

Health & fitness

Fittr

Food

The Whole Truth

How to pitch Rainmatter

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

They invest at Pre-seed, Seed and Series A. Approach them when your company is at the idea or pre-product stage, through to companies with clear product-market fit and early revenue.
Their focus is Fintech, Climate, Sustainability, Health and Media, so lead with why you fit there.
The strongest way in is a warm introduction, ideally from a founder they have backed, such as smallcase, Ditto Insurance and Fittr.
You can find the team and their current focus on their website, linked below.

Partner

Nithin Kamath

Founder (Zerodha co-founder & CEO)

Website & links

Website ↗LinkedIn ↗

Frequently asked questions

What stage does Rainmatter invest at?: Rainmatter invests at the Pre-seed, Seed and Series A stages.
What sectors does Rainmatter invest in?: Rainmatter focuses on Fintech, Climate, Sustainability, Health and Media.
Which companies has Rainmatter invested in?: Notable investments include smallcase, Ditto Insurance, Fittr, The Whole Truth, Agnikul Cosmos and GalaxEye. See the full list on this page.
Who are the partners at Rainmatter?: Key people include Nithin Kamath (Founder (Zerodha co-founder & CEO)).
Where is Rainmatter based?: Rainmatter is headquartered in Bengaluru.
Does Rainmatter invest in women founders?: Rainmatter 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.