Where is Bharat Inclusion Initiative's headquarters located?

Bharat Inclusion Initiative's headquarters is located in Ahmedabad (India).

How many companies has Bharat Inclusion Initiative invested in?

Bharat Inclusion Initiative has invested in 37 companies, including GUVI & Kaleidofin.

Which companies has Bharat Inclusion Initiative invested in lately?

Virohan & Virohan are the latest investments by Bharat Inclusion Initiative.

How many exits has Bharat Inclusion Initiative been involved in?

Bharat Inclusion Initiative's portfolio has seen 3 acquisitions.

Bharat Inclusion Initiative - 2026 Investor Profile, Portfolio, Team & Investment Trends

Q: How big is Bharat Inclusion Initiative's investment team?

Bharat Inclusion Initiative has a team of 20.

Bharat Inclusion Initiative is an accelerator and incubator program based in Ahmedabad, India. With a presence in 1 country, it has supported around 37 startups in sectors like Enterprise Applications, FinTech. As of Aug 2026, Bharat Inclusion Initiative has witnessed 3 portfolio exits. Most notable companies in its portfolio include GUVI, Kaleidofin and myPaisaa. The program is backed by a team of 20 people who primarily support Seed startups based in India. Its latest investment was a $7.5M Series B round in Virohan on Dec 02, 2025, which also saw participation from Mynavi and Blume Venture.

Key Metrics

Location

Ahmedabad, India

Portfolio Companies

GUVI, Kaleidofin & 35 more

Sectors of Investment

Enterprise Applications, FinTech & 12 more

Stages of Investment

Seed & Series A

Locations of Investment

India

View Bharat Inclusion Initiative's full profile

Bharat Inclusion Initiative has a portfolio of 37 companies. Their most notable investments are in Rupee Circle and Whrrl.Their portfolio spans across and India. They have invested in Enterprise Applications, FinTech, Food and Agriculture Tech and 11 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Bharat Inclusion Initiative:

1. GUVI

Developer of vernacular-based hyperlocal mentoring platform for providing online programming. Some of the courses offered by the platform include data structures, C, C++, Java, Python, ROR, machine learning, R programming, IOS, and Android, among others. The courses are in the form of video lectures focusing on context-based learning, short notes, coding playground, assignment, and assessments. These video lectures are in vernacular languages, while the text contents are in English and the platform provides users with the option to choose the language of their choice as well.

Key facts about GUVI

Founded Year: 2014
Location: Chennai (India)
Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
Last Known Valuation: $*****
Stage: Acquired
Total Funding till date: $3.79M
Employee Count: 718 as on Mar 31, 2026
Investors: Bharat Inclusion Initiative, Corporate Business Advisors and 11 Others
Latest Funding Round: Seed, Sep 19, 2022, $*****
Highlight: Acquired

2. Kaleidofin

Financial services platform offering lending, credit assessment, and engagement. The platform offers services such as co-lending, direct assignment, and securitization. It provides credit assessment models tailored to the informal sector. The platform also offers tools for risk management and customer engagement. It incorporates customer engagement features and risk management capabilities to improve access to financial services and enhance customer lifetime value.

Key facts about Kaleidofin

Founded Year: 2017
Location: Chennai (India)
Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series B
Total Funding till date: $44.7M
Employee Count: 141 as on Jun 30, 2025
Investors: BlackSoil, Trifecta Capital and 31 Others
Latest Funding Round: Series B, Feb 27, 2025, $*****
Highlight: Editors' Pick

3. myPaisaa

Provider of digital chit fund schemes and savings plans. It offers a platform for individuals to participate in chit funds, which are savings and borrowing schemes where a group contributes a fixed amount monthly. The platform facilitates access to credit and savings through digital chits, providing an alternative to traditional methods. It enables users to save monthly, participate in e-auctions, and potentially borrow from their savings. The platform aims to make chit funds more accessible and transparent through digital technology.

Key facts about myPaisaa

Founded Year: 2020
Location: Hyderabad (India)
Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Seed
Total Funding till date: $980K
Employee Count: 148 as on May 31, 2025
Investors: Bharat Inclusion Initiative, Astir Ventures and 14 Others
Latest Funding Round: Angel, Mar 02, 2022, $*****
Highlight: Editors' Pick

4. Riskcovry

Provider of a platform for digital insurance distribution and management. The platform offers tools for managing the insurance lifecycle, including purchase, management, and claims. It provides a unified application programming interface for integrating with multiple insurers and products. The platform supports assisted, embedded, and direct insurance distribution channels.

Key facts about Riskcovry

Founded Year: 2018
Location: Mumbai (India)
Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series A
Total Funding till date: $14.4M
Employee Count: 128 as on Aug 31, 2025
Investors: IIFL Finance, Seeders and 37 Others
Latest Funding Round: Series A, Jan 03, 2024, $*****
Highlight: Editors' Pick

5. WonderLend Hubs

Provider of incentive compensation management and lending technology platforms software. Offers platforms for managing sales compensation processes, including calculation, tracking, and payout management. Provides tools for loan origination, credit rules configuration, and workflow management to support lending operations. Enables configuration of business rules and processes through no code interfaces, supporting integration with existing enterprise systems. Includes managed services supporting ongoing system usage and process adjustments. Focuses on improving operational accuracy, process visibility, and decision management within compensation and lending functions.

Key facts about WonderLend Hubs

Founded Year: 2016
Location: Mumbai (India)
Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Seed
Total Funding till date: $2.32M
Employee Count: 131 as on Jun 30, 2026
Investors: Indian Angel Network, Inflection Point Ventures and 28 Others
Latest Funding Round: Seed, Jan 29, 2025, $*****

View the full list of portfolio companies

Bharat Inclusion Initiative has invested in 37 companies over the last 8 years, with an average of 0 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Virohan and most recent follow-on round was in Virohan.

Here are Bharat Inclusion Initiative's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	1	1
2024	0	0	0
2023	0	0	0
2022	1	0	1
2021	0	1	1
2020	2	0	2
2019	9	1	10
2018	2	1	3

View all investments by Bharat Inclusion Initiative

Bharat Inclusion Initiative has made 13 investments in Seed stage with an average round size of $258K and 1 investment in Series A stage with an average round size of $7M.

Here are Bharat Inclusion Initiative's investments by stage:

Stage of entry	No. of Investments
Seed	13
Series A	1

Note: We have considered here, only first round of investments

View all investments by Bharat Inclusion Initiative

Bharat Inclusion Initiative has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications, Financial Services, Consumer and Vertical SaaS. Notably, it has invested in 35 Tech companies, 28 Enterprise (B2B) companies, 26 Software companies and at least 23 companies focusing on Consumer (B2C).

Here are Bharat Inclusion Initiative's investments by sector:

Sector	No. of Investments
FinTech	8
Enterprise Applications	7
Financial Services	4
Consumer	3
Vertical SaaS	3
Others	15

Note: We have considered here, only first round of investments

View all investments by Bharat Inclusion Initiative

Bharat Inclusion Initiative has made most investments in India (14).

View all investments by Bharat Inclusion Initiative

Bharat Inclusion Initiative has not made any investment in 2026 so far.

Here are the most recent investments by Bharat Inclusion Initiative:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Dec 02, 2025	Virohan	India	Series B	1588	Mynavi [+6]
Dec 08, 2022	Virohan	India	Series A	5159	Blume Venture [+23]
Nov 29, 2021	Kaleidofin	India	Series B	8030	Michael & Susan Dell Foundation ... [+6]
Mar 20, 2020	Whrrl	India	Seed	7676	-
Mar 20, 2020	Entitled	India	Seed	3171	-

See more recent investments made by Bharat Inclusion Initiative

3 companies from Bharat Inclusion Initiative's portfolio have been acquired. The most recent acquisition was Bridge2capital in Sep 2023 by IIFL Fintech Fund for $*****.

Here are Bharat Inclusion Initiative's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Bridge2capital	Sep 13, 2023	Apr 25, 2019	Seed	9497
GUVI	Sep 29, 2022	Apr 25, 2019	Seed	7358
EasyPlan	Jun 28, 2021	Oct 24, 2018	Seed	5600

View all acquired companies in Bharat Inclusion Initiative's portfolio

Bharat Inclusion Initiative has a team of 20 members including 1 Partner, 1 Venture Partner and 4 Principals located in India. Bharat Inclusion Initiative's team does not sit on the board of any company as of now.

Here is a list of top team members in Bharat Inclusion Initiative:

Name	Designation	Location	Board Memberships	Contact Details
Supriya Sharma	Partner	Ahmedabad	-	-
Priyanka Chopra	Venture Partner	Ahmedabad	-	1 Email
Sandeep Koujalgi	Principal	Ahmedabad	-	-
Bikramjeet Singh Kapany	Principal	Bengaluru	-	-
Ghazal Goyal	Principal	Ahmedabad	-	-
Surya Murugesan	Principal	Bengaluru	-	-

View team details of Bharat Inclusion Initiative

Over the past 8 years, 274 investors have co-invested in Bharat Inclusion Initiative's portfolio companies. This includes funds and angels.

Invested before Bharat Inclusion Initiative: Sajin Gangadharan, Raghupathi Ramakrishnan and 128 others have invested in rounds before Bharat Inclusion Initiative. There is 1 company where Sajin Gangadharan has invested before Bharat Inclusion Initiative and 1 company where Raghupathi Ramakrishnan has invested before Bharat Inclusion Initiative.
Top Co-investors of Bharat Inclusion Initiative: 22 investors entered a company along with Bharat Inclusion Initiative. These include investors like Pranav Haridasan (1 company).
Invested after Bharat Inclusion Initiative: A total of 122 investors have invested in Bharat Inclusion Initiative's portfolio after their investments. Top Investors include Bharat Innovation Fund (3 companies) and Angel List (2 companies).