About 8i Ventures
8i Ventures is a venture capital firm founded in 2018. It is primarily based out of Mumbai, India. As of May 2026, 8i Ventures is an active investor, having invested in 48 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and High Tech. Most recently it participated in the $***** Seed round of Jurisphere Overall, 8i Ventures portfolio has seen 3 unicorns, 1 IPO and 7 acquisitions including key companies like Razorpay, Paytm and Aircall. A lot of funds co-invest with 8i Ventures, with names like Kochi Holdings sharing a substantial percentage of its portfolio. 8i Ventures has team of 7 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio IPOs
Portfolio Soonicorns
Deals in last 12 months
8i Ventures' List of Top Investments
8i Ventures has a portfolio of 48 companies, including 3 unicorns. Their most notable investments are in Difenz and Boba Bhai.Their portfolio spans across India, United States, United Kingdom and 3 more locations. They have invested in Enterprise Applications, FinTech, High Tech and 19 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by 8i Ventures:1. Razorpay
Provider of a comprehensive financial platform for businesses to accept, process, and disburse payments. The platform enables organizations to manage banking operations, automate payroll compliance, and access credit facilities through a unified interface. It supports various payment methods including credit cards, debit cards, netbanking, and digital wallets to facilitate seamless transactions for online and offline businesses.
Key facts about Razorpay
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $742M
- Employee Count: 2,850 as on May 31, 2026
- Investors: GIC, Salesforce Ventures and 36 Others
- Latest Funding Round: Series F, 2022, $*****
- Highlight: Editors' Pick
2. Paytm
Provider of digital payment and financial services including mobile recharges, bill payments, and money transfers. The platform enables users to perform secure transactions, manage utility bills, and access various financial products such as loans, credit cards, and investment options. It facilitates seamless payments for services including electricity, water, gas, and municipal taxes, while also offering booking facilities for travel tickets and entertainment events. The service supports digital transactions through integrated payment gateways and banking solutions, providing a comprehensive hub for managing personal financial responsibilities and daily digital payments.
Key facts about Paytm
- Founded Year: 2000
- Location: Noida (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $2.76B
- Employee Count: 39,368 as on Mar 31, 2025
- Investors: Intel, Berkshire Hathaway and 77 Others
- Latest Funding Round: Angel, Nov 20, 2020, $*****
- Highlight: Public

3. Aircall
Provider of cloud-based platform for business communication and customer engagement. The platform delivers integrated voice, SMS, WhatsApp, and social media channels. It offers features such as intelligent voice agents, automated workflows, and real-time coaching. The platform helps teams work smarter and perform at scale.
Key facts about Aircall
- Founded Year: 2014
- Location: New York (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $226M
- Employee Count: 841 as on May 31, 2026
- Investors: Adams Street Partners, Kreos Capital and 34 Others
- Latest Funding Round: Series D, Feb 23, 2022, $*****
- Highlight: Editors' Pick
Chains providing freshly roasted coffee beans and specialty coffee beverages. The company offers a variety of single origin coffees, blends, and coffee concentrates through its retail outlets and online platform. It focuses on sourcing high-quality beans and providing brewing equipment and accessories to support coffee preparation.
Key facts about Blue Tokai Coffee Roasters
- Founded Year: 2013
- Location: Gurugram (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $132M
- Employee Count: 2,872 as on Aug 31, 2025
- Investors: HDFC Mutual Fund, Verlinvest and 75 Others
- Latest Funding Round: Series C, Jun 23, 2026, $*****
- Highlight: Editors' Pick
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5. Chalo
Online platform offering app‑based bus tracking and ticketing services. It provides real-time location updates, ticket and pass booking features, and digital smart cards for convenient travel. The system integrates with city bus operators to optimize scheduling and reduce cash handling.
Key facts about Chalo
- Founded Year: 2014
- Location: Mumbai (India)
- Annual Revenue: $10M - $50M as on Mar 31, 2024
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $117M
- Employee Count: 206 as on Jun 30, 2025
- Investors: Caspian, BlackSoil and 68 Others
- Latest Funding Round: Series D, May 30, 2025, $*****
- Highlight: Editors' Pick
8i Ventures' Year-on-Year Investment Trends
8i Ventures has invested in 48 companies over the last 8 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 11 investments, while as of May 2026, it has made 4 investments in this year. Its most recent first time investment was in Jurisphere and most recent follow-on round was in Boba Bhai.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 2 | 4 |
2025 | 6 | 5 | 11 |
2024 | 4 | 1 | 5 |
2023 | 1 | 1 | 2 |
2022 | 3 | 3 | 6 |
2021 | 2 | 6 | 8 |
2020 | 3 | 1 | 4 |
2019 | 2 | 0 | 2 |
2018 | 2 | 0 | 2 |
8i Ventures' Investments by Stage
8i Ventures has made 21 investments in Seed stage with an average round size of $2.09M and 4 investments in Series A stage with an average round size of $7.8M.Stage of entry | No. of Investments |
|---|---|
Seed | 21 |
Series A | 4 |
Note: We have considered here, only first round of investments
8i Ventures' Investments by Sector
8i Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Consumer, Vertical SaaS and High Tech. Notably, it has invested in 44 Tech companies, 27 Enterprise (B2B) companies, 25 Consumer (B2C) companies and at least 25 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 12 |
FinTech | 11 |
Consumer | 6 |
Vertical SaaS | 5 |
High Tech | 4 |
Others | 27 |
Note: We have considered here, only first round of investments
8i Ventures' Investments by Geography
8i Ventures has made most investments in India (23), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
India | 23 |
United States | 2 |
Note: We have considered here, only first round of investments
8i Ventures' recent investments
8i Ventures has made 4 investments in 2026 so far. Jurisphere and Boba Bhai are the latest among them.Here are the most recent investments by 8i Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 05, 2026 | India | Seed | 4070 | [+2] | |
Feb 25, 2026 | India | Series A | 3245 | [+11] | |
Jan 21, 2026 | India | Seed | 7585 | ||
Jan 08, 2026 | India | Seed | 8044 | [+1] | |
Dec 22, 2025 | India | Series A | 5283 | [+4] |
Unicorns in 8i Ventures' Portfolio
8i Ventures has 3 unicorns in its portfolio - Slice, Aircall and Razorpay. The most recent unicorn in their portfolio is Slice. It became a unicorn in 2021.Here is a list of unicorns in 8i Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Provider of digital banking and financial services | 2015 | Bengaluru | Series D | qbqtqfl | ||
78 | Provider of cloud-based platform for business communication and customer engagement | 2014 | New York | Series D | gtytcrc | ||
86 | Provider of a comprehensive financial platform for businesses to accept, process, and disburse payments | 2014 | Bengaluru | Series F | mnhx{jw |
IPOs and Publicly Listed companies in 8i Ventures' Portfolio
1 of 8i Ventures' portfolio company became public - Paytm. It got listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), in Nov 2021 at marketcap of $18.8BHere are 8i Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 18, 2021 | - | - | 1501 |
Acquired companies in 8i Ventures' Portfolio
7 companies from 8i Ventures' portfolio have been acquired. The most recent acquisition was BharatX in Feb 2025 by Super.Money for $*****.Here are 8i Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 25, 2025 | Mar 29, 2022 | Seed | 7133 | |
Feb 21, 2024 | Oct 27, 2020 | Seed | 5156 | |
Aug 16, 2022 | - | - | 8162 | |
Feb 05, 2020 | - | - | 3702 | |
Jun 23, 2016 | - | - | 9051 |
Team profile of 8i Ventures
8i Ventures has a team of 7 members including 1 Partner and 2 Principals located in India. 8i Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in 8i Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mumbai | - | ||
Principal | India | - | ||
Principal | Mumbai | - |
Co-investors of 8i Ventures
Over the past 8 years, 552 investors have co-invested in 8i Ventures's portfolio companies. This includes funds and angels.
- Invested before 8i Ventures: Angel List, Rahul Mehra and 129 others have invested in rounds before 8i Ventures. There are 3 companies where Angel List has invested before 8i Ventures and 2 companies where Rahul Mehra has invested before 8i Ventures.
- Top Co-investors of 8i Ventures: 252 investors entered a company along with 8i Ventures. These include investors like Kochi Holdings (4 companies).
- Invested after 8i Ventures: A total of 169 investors have invested in 8i Ventures's portfolio after their investments. Top Investors include Angel List (3 companies), Anicut Capital (2 companies) and DMI Sparkle Fund (2 companies).
Recent News related to 8i Ventures
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Trajectory Raises $15M in Seed FundingFinSMEs•May 28, 2026•Trajectoryindia, Bessemer Venture Partners, 8i Ventures, VCAPL and 1 other
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Instafix raises Rs 7.55 crore in pre-seed funding for doorstep smartphone repairIndiatimes•May 13, 2026•8i Ventures, Titan Capital, Instafix
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Jurisphere Raises $2.2 Million in Funding Led by InfoEdge VenturesEntrackr•May 05, 2026•Jurisphere, 8i Ventures, Info Edge Ventures, Antler and 1 other
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QSR chain Boba Bhai raises $4.3 Mn fundingViestories•Mar 11, 2026•Global Growth Capital, 8i Ventures, Boba Bhai, Titan Capital and 3 others
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Boba Bhai Nets ₹40 Cr To Expand Offline PresenceInc42•Mar 11, 2026•Atom, Boba Bhai, Titan Capital, Global Growth Capital and 3 others
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Full-stack re-commerce company Grest raises 16 Cr led by Equentis WealthEntrackr•Jan 21, 2026•Lead Invest, Equentis Wealth Advisory Services, Grest, 8i Ventures and 4 others
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Blinq Mobility Secures Rs 4.3 Cr in Pre-Seed Funding to Develop Battery-Swapping Electric CarsViestories•Dec 24, 2025•8i Ventures, AIC Banasthali, IIMA Ventures, Blinq and 1 other

