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Equanimity Investments is a venture capital firm established in 2017 and headquartered in Mumbai, India. The firm focuses on partnering with early-stage Indian startups, helping them scale their ideas into profitable businesses. Equanimity's investment strategy is sector-agnostic, although it has a notable concentration in HealthTech, fintech, consumer, logistics, climate, edtech, and AI. The firm is currently deploying its second fund, New Horizons Fund II, which has a size of $15.4 million, in partnership with Sanctum. This follows the completion of its first fund, Bold Vintage Fund I, which was noted for its exemplary performance.
As of November 2025, Equanimity has invested in 29 companies, with three notable exits: BabyChakra, Sqrrl, and PrepBytes. The firm’s team consists of 19 professionals, including venture partners and advisors, who bring a wealth of experience and industry knowledge. The firm’s approach emphasizes technology-enabled, capital-efficient business models, ensuring that portfolio companies are well-positioned for growth in the competitive Indian market.
Equanimity Investments targets early-stage startups that utilize technology to create scalable and sustainable business models. The firm primarily invests in pre-seed, seed, and Series A stages, focusing on companies that demonstrate capital efficiency and innovation. While the firm is sector-agnostic, it has a strong emphasis on sectors such as healthcare, fintech, consumer products, logistics, climate technology, edtech, and artificial intelligence.
The firm seeks startups that can leverage technology to disrupt traditional markets and create significant value. Equanimity looks for founders who possess a clear vision and the ability to execute their ideas effectively. The firm prefers to invest in companies that have a technology backbone, avoiding capital-intensive models that do not utilize technology. This investment strategy aligns with their goal of supporting startups that can scale efficiently and achieve profitability.
Equanimity Investments has built a diverse portfolio of 29 companies, showcasing its commitment to supporting innovative startups across various sectors. Notable portfolio companies include:
This portfolio reflects Equanimity's focus on technology-driven companies that are positioned for growth and success in their respective markets.
Rajesh Sehgal - Managing Partner: Rajesh holds an MBA from Wharton and a post-graduate diploma in securities law. He is a CFA charter holder and has made over 20 angel investments since 2007, focusing on finance, marketing, and management.
Vivek Saxena - Partner: Vivek has an MBA and a background with GroupM, Wipro, and Microsoft. He founded ZipCash, an early digital payments company in India, which was acquired by Ola.
Shilpa Sehgal - Partner: Shilpa is a Chartered Accountant with a PhD in Corporate Governance from Mumbai University. She has a 20-year career in finance, beginning at ICICI Bank, and brings significant expertise to the firm.
To pitch Equanimity Investments, founders should visit their website at equanimityinvestments.com. The firm has an open pitch policy and accepts applications through a contact form available on their site. Founders are encouraged to include a clear overview of their business model, market opportunity, and how they plan to leverage technology for growth.
While specific response times are not disclosed, the firm operates on a rolling application cycle. Founders should ensure that their pitches align with Equanimity's focus on technology-enabled, capital-efficient startups to increase their chances of receiving a favorable response.
In November 2025, Equanimity Investments announced its latest investment in GrEL, an EV mobility startup, as part of its ongoing commitment to supporting technology-driven companies. The firm also made headlines with its partnership with Sanctum to launch a $15.4 million fund aimed at early-stage startups.
Recent portfolio activity includes the seed round announcement for Edept, an edtech platform focused on higher education, and the investment in Consint.ai, which specializes in AI-enabled fraud and risk prevention for healthcare and insurance. These investments reflect Equanimity's strategy of backing innovative startups that leverage technology to create scalable business models.
What are Equanimity Investments' investment criteria?
Equanimity Investments focuses on early-stage startups that leverage technology to create scalable and sustainable business models. The firm primarily invests in pre-seed, seed, and Series A stages across various sectors, including healthcare, fintech, consumer, logistics, climate, edtech, and AI.
How can I pitch to Equanimity Investments?
Founders can pitch to Equanimity Investments through their website at equanimityinvestments.com. The firm has an open pitch policy and accepts applications on a rolling basis.
What makes Equanimity Investments different from other VCs?
Equanimity Investments emphasizes technology-enabled, capital-efficient business models and has a strong focus on the Indian market. The firm leverages its extensive network and industry expertise to provide operational support to its portfolio companies.
What is the geographic focus of Equanimity Investments?
The firm primarily invests in early-stage startups based in India, targeting companies that can scale within the Indian market.
What is the typical check size for investments?
While specific check sizes are not disclosed, Equanimity Investments focuses on early-stage funding rounds, which typically range from pre-seed to Series A investments.
What kind of post-investment support does Equanimity provide?
Equanimity Investments adds value to its portfolio companies by providing operational support, industry expertise, and access to its extensive network, helping startups refine their business models and scale operations effectively.
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