Fundamental VC

Fundamental VC is an early-stage venture capital firm based in Bengaluru, India, dedicated to providing funding to a diverse array of startups. The company focuses on sectors including internet services, software as a service, insurtech, healthtech, fintech, gaming, artificial intelligence, and machine learning. It typically invests up to USD 1.5 million in each startup, with the goal of supporting approximately 30 startups over a two-year period. By targeting innovative companies in these dynamic industries, Fundamental VC aims to foster growth and drive advancements in technology and services.

Abhishek Rathi

Founding Partner

Saswat Sundar

Co-Founder and Partner

5 past transactions

Nuqlea

Seed Round in 2024
Nuqlea is a B2B digital platform focused on the construction and habitat sectors, designed to integrate and digitize the entire value chain of the industry. The platform operates as an e-commerce marketplace, allowing businesses to connect with customers while retaining their own brand identity. By fostering a network that includes professionals, companies, and users, Nuqlea aims to enhance transparency, efficiency, and traceability in purchasing processes, costs, and shipments. Its goal is to transform the construction industry by providing innovative technological solutions that facilitate direct interactions within the ecosystem.

Jodaro

Seed Round in 2023
Jodaro is a business that serves as an intermediary for trade, connecting customers directly with manufacturers. It has developed a global commerce platform aimed at accelerating omnichannel commerce for manufacturers and brands. By utilizing proprietary commerce intelligence and automation, Jodaro enables a tech-enabled global supply chain that facilitates efficient interactions between manufacturers and buyers. This approach allows clients to achieve rapid global growth across major marketplaces and direct-to-consumer channels, streamlining the process of commerce in a competitive landscape.

Hyperface

Seed Round in 2022
Hyperface is a banking-as-a-service startup that provides a modern credit card platform aimed at simplifying the issuance of credit cards for financial technology and e-commerce companies. The platform features customizable software development kits (SDKs) and application programming interfaces (APIs) that allow businesses to design their credit card offerings. Additionally, Hyperface supports card lifecycle management and offers intuitive onboarding processes, enabling companies to deliver tailored banking products to their customers effectively.

eloelo

Seed Round in 2022
EloElo is a developer of a live social entertainment platform that facilitates interactive live broadcasts for creators. The company's software allows users to engage in a digital gathering space where they can relax and communicate with their favorite content creators through audio and video live chat rooms. This platform not only fosters social interaction but also incorporates gaming elements, enhancing the overall experience for fans who wish to connect with influencers and participate in discussions about health and lifestyle topics.

Dukaan

Seed Round in 2022
Dukaan is a platform that empowers small merchants to create online stores quickly and efficiently, with claims that the setup process can be completed in as little as 30 seconds. It offers a range of features suitable for businesses of all sizes, including fast loading times, easy product uploads, and multiple payment gateways. The platform also provides customizable themes, staff accounts, advanced analytics, and multi-warehouse management capabilities, allowing merchants to establish a professional online presence and effectively manage their sales operations. By focusing on ease of use and comprehensive functionality, Dukaan facilitates the transition of traditional businesses to the digital marketplace.
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