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, aiming to transform the industry by integrating and digitizing the entire value chain. The platform operates as an e-commerce marketplace, allowing construction businesses to connect with customers while maintaining their own branding. By facilitating direct interactions, Nuqlea enables a network of professionals, companies, and users to enhance transparency, efficiency, and traceability in purchasing processes, costs, and shipments. This approach is designed to foster collaboration and innovation within the construction ecosystem, ultimately contributing to the future development of the industry.

Jodaro

Seed Round in 2023
Jodaro serves as an intermediary for trade, facilitating direct connections between customers and manufacturers. The company has developed a global commerce platform aimed at accelerating omnichannel commerce for manufacturers and brands. By utilizing proprietary commerce intelligence, automation, and a tech-enabled global supply chain, Jodaro enables manufacturers to engage directly with buyers. This approach supports rapid global growth across major marketplaces and direct-to-consumer channels, enhancing efficiency and accessibility in the trade process.

Hyperface

Seed Round in 2022
Hyperface is a banking-as-a-service startup focused on enabling companies to create and launch their own credit cards. It offers a modern credit card platform that simplifies the issuance process for financial technology and e-commerce firms. The platform provides customizable software development kits (SDKs) and application programming interfaces (APIs), allowing users to design tailored credit card solutions. Additionally, Hyperface supports card lifecycle management and facilitates intuitive onboarding, empowering businesses to offer banking products directly to their customers in a contextual manner.

eloelo

Seed Round in 2022
EloElo is a developer of a social gaming software that facilitates interactive live broadcasts, allowing users to engage with content creators in a digital gathering space. The platform enables fans to unwind and communicate with their favorite influencers through audio and video live chat rooms, often incorporating games into the experience. EloElo focuses on discussions related to health and lifestyle, providing an environment where users can connect with creators and enjoy interactive entertainment.

Dukaan

Seed Round in 2022
Dukaan is a platform that allows small merchants to create online stores quickly and efficiently, claiming to facilitate this process in just 30 seconds. It caters to businesses of all sizes by providing an e-commerce solution that includes features such as fast loading times, simple product uploads, multiple payment gateways, and customizable themes. Additionally, Dukaan offers functionality for managing staff accounts, advanced analytics, and multi-warehouse operations, enabling users to establish a professional online presence and effectively oversee their sales activities.
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