Team StartupCity

• Aagama Ventures launches Rs 400 crore fund focused on fintech startups
• Plans to invest in 15-20 startups, with half the capital reserved for follow-on rounds
• Fund targets 4-5 new investments annually, focusing on core fintech, infrastructure, and embedded finance

Aagama Ventures has launched a Rs 400 crore early stage fund to support fintech startups across India. The fund aims to invest in 15-20 promising startups, with 50% of the capital set aside for follow-on investments. The team plans to back 4-5 startups each year to help accelerate their growth.

Led by Abhishant Pant, Shubhanga Prasad, and Pankaj Singh, Aagama Ventures will focus on three key areas. These include core fintech sectors like payments, lending, wealth management, and insurtech. They will also invest in infrastructure and deep tech areas such as AI, cybersecurity, and climate tech platforms. Lastly, embedded finance platforms that integrate financial services into niche sectors like agriculture, health, and energy will be a key focus.

The fund has already attracted commitments from notable industry veterans, including former leaders from YES Bank, Paytm, HDFC, ICICI UK, and other financial and tech firms.

Abhishant Pant shared, “Our journey began seven years ago with a vision to support India’s growing fintech market by building a strong network of founders and investors”.

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Pankaj Singh added, “We are now ready to offer larger seed investments to truly support startups in their growth journey”.

Shubhanga Prasad highlighted, “This fund is a unique India-focused fintech initiative built on social capital, aimed at empowering founders to transform financial access in India and beyond”.