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 Consumer 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, Consumer, High Tech and 20 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by 8i Ventures:1. Razorpay
Provider of payment and business banking solutions for enterprises. The company offers tools for payment acceptance, automated payroll, and business banking. Solutions include payment gateways, current accounts, and corporate credit cards. It also provides developer resources such as API documentation and integration tools.
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: 3,028 as on Aug 31, 2025
- Investors: GIC, Salesforce Ventures and 35 Others
- Latest Funding Round: Series F, Dec 19, 2021, $*****
- Highlight: Editors' Pick
2. Paytm
Provider of digital payment processing and financial service management tools. This platform facilitates electronic money transfers, utility bill payments, and mobile recharges. It enables merchants to accept payments through various digital methods including online gateways and point of sale systems. The service supports travel bookings for flights, trains, and buses, alongside movie and event ticket reservations. Users access credit reports, personal loans, and investment options for stocks, mutual funds, and gold. The infrastructure includes tools for insurance premium payments, loan installment settlements, and municipal tax remittances. Business software solutions are provided for merchant billing, inventory management, and credit tracking.
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
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4. 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
5. M2P Fintech
Provider of APIs enabling banking, lending, and payment financial services. The company offers solutions for customer onboarding, core banking systems, and payment processing. It facilitates card issuance, core lending, and digital commerce. The company provides tools for regulatory compliance, fraud management, and rewards programs. It also offers value-added services, including reconciliation, KYC, and anti-money laundering solutions.
Key facts about M2P Fintech
- Founded Year: 2014
- Location: Chennai (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $188M
- Employee Count: 1,290 as on Aug 31, 2025
- Investors: Nexus Venture Partners, Visa and 63 Others
- Latest Funding Round: Series D, Jun 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 12 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 | 6 | 12 |
2024 | 4 | 1 | 5 |
2023 | 1 | 1 | 2 |
2022 | 2 | 3 | 5 |
2021 | 1 | 7 | 8 |
2020 | 4 | 1 | 5 |
2019 | 2 | 0 | 2 |
2018 | 2 | 0 | 2 |
8i Ventures' Investments by Stage
8i Ventures has made 20 investments in Seed stage with an average round size of $2.15M and 4 investments in Series A stage with an average round size of $8.18M.Stage of entry | No. of Investments |
|---|---|
Seed | 20 |
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 | 6 |
High Tech | 4 |
Others | 26 |
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 1 investment.Country | No. of Investments |
|---|---|
India | 23 |
United States | 1 |
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:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 05, 2026 | India | Seed | 5341 | [+2] | |
Feb 25, 2026 | India | Series A | 2186 | [+11] | |
Jan 21, 2026 | India | Seed | 9315 | ||
Jan 08, 2026 | India | Seed | 7407 | [+1] | |
Dec 22, 2025 | India | Series A | 6301 | [+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, 1 years after 8i Ventures first invested in it.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 | Chains providing digital banking, savings accounts, and UPI credit cards | 2015 | Bengaluru | Series D | lbupefk | ||
78 | Provider of cloud-based platform for business communication and customer engagement | 2014 | New York | Series D | ydihcqi | ||
85 | Provider of payment and business banking solutions for enterprises | 2014 | Bengaluru | Series F | e{odofm |
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 | - | - | 7124 |
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 | 9781 | |
Feb 21, 2024 | Oct 27, 2020 | Seed | 1053 | |
Aug 16, 2022 | - | - | 6110 | |
Feb 05, 2020 | - | - | 8077 | |
Jun 23, 2016 | - | - | 5392 |
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, 542 investors have co-invested in 8i Ventures's portfolio companies. This includes funds and angels.
- Invested before 8i Ventures: Angel List, Rahul Mehra and 118 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: 245 investors entered a company along with 8i Ventures. These include investors like Kochi Holdings (4 companies).
- Invested after 8i Ventures: A total of 177 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
