About Cactus Partners
Cactus Partners is a venture capital firm founded in 2020. It is primarily based out of Mumbai, India. As of Jun 2026, Cactus Partners is an active investor, having invested in 13 companies, with 3 new investments in the last 12 months. It primarily invests in Series A round in India based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Auto Tech. Most recently it participated in the $***** Series A round of Kapture A lot of funds co-invest with Cactus Partners, with names like Bajaj Finserv Ventures sharing a substantial percentage of its portfolio. Cactus Partners has team of 24 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Seed
Portfolio Soonicorns
Deals in last 12 months
Cactus Partners' List of Top Investments
Cactus Partners has a portfolio of 13 companies. Their most notable investments are in Bellatrix Aerospace and AMPM.Their portfolio spans across India and United States. They have invested in High Tech, Enterprise Applications, Auto Tech and 17 other sectors, across stages such as Series A, Seed stages. Here is the list of top investments by Cactus Partners:
1. Lohum
Sustainable critical minerals and advanced materials producer. It is focused on strengthening global supply chains through innovative recycling, refining, and resource recovery technologies. Supporting the energy transition, advanced electronics, healthcare, aerospace, and industrial sectors, the organization delivers high-purity materials including lithium, nickel, cobalt, copper, zinc, silicon, rare earth elements, and platinum group metals. It helps businesses achieve regulatory compliance, material traceability, and circular economy goals. Through advanced recovery processes, digital transparency systems, and a commitment to sustainability, the organization is driving resource independence, reducing waste, and creating a reliable supply of critical materials for a net-zero future.
Key facts about Lohum
- Founded Year: 2018
- Location: Noida (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $135M
- Employee Count: 346 as on Apr 30, 2026
- Investors: 360 One, Ravi Modi Family Trust and 132 Others
- Latest Funding Round: Series C, Jul 28, 2026, $*****
- Highlight: Editors' Pick
2. Vitraya
Platform offering claims processing for healthcare sector. It offers claim auto adjudication and settlement solutions, leveraging artificial intelligence to streamline the process. It builds algorithms and AI products to enable automated claims settlement between hospitals and health insurers.
Key facts about Vitraya
- Founded Year: 2019
- Location: Delhi (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $12.8M
- Employee Count: 96 as on Feb 28, 2026
- Investors: Startupxseed Ventures, Cactus Venture Partners and 46 Others
- Latest Funding Round: Series A, Mar 29, 2023, $*****

3. Kapture
Provider of AI-powered platform for customer experience and support automation. The platform offers tools for self-service, agent support, and employee experience enhancement. It includes features such as AI agents for voice and non-voice support, advanced ticketing, and analytics. The platform also provides solutions for industries including BFSI, retail, travel, and energy.
Key facts about Kapture
- Founded Year: 2011
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $21.3M
- Employee Count: 325 as on Aug 31, 2025
- Investors: Launchpad Accelerator, India Alternatives and 11 Others
- Latest Funding Round: Series A, Jun 30, 2026, $*****
- Highlight: Editors' Pick
4. Auric
Manufacturer & brands of ayurvedic nutrition drinks. The company claims that its products are natural, vegan, pure, and don't contain preservatives & sugar. Its portfolio includes cold & hot beverages and health supplements for both men and women. The company sells its products through its own online website.
Key facts about Auric
- Founded Year: 2017
- Location: Delhi (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $8.14M
- Employee Count: 38 as on Jan 31, 2025
- Investors: CapFort Ventures, Groundupp Ventures and 71 Others
- Latest Funding Round: Seed, Mar 26, 2026, $*****
Platform offering electric vehicle powertrain products and electronic design manufacturing services. It offers solutions for electric mobility, encompassing advanced battery packs and charging infrastructure. The company also provides electronic design and manufacturing services (ESDM). Its focus is on delivering reliable, efficient, and sustainable solutions for the electric vehicle ecosystem. The services are designed to support the transition towards a greener future.
Key facts about Indigrid Technology
- Founded Year: 2016
- Location: Gurugram (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $15.3M
- Employee Count: 194 as on Aug 31, 2025
- Investors: Valour Capital, We Founder Circle and 12 Others
- Latest Funding Round: Series A, Jan 09, 2026, $*****
- Highlight: Editors' Pick
Cactus Partners' Year-on-Year Investment Trends
Cactus Partners has invested in 13 companies over the last 3 years, with an average of 1 new investment annually in the last 3 years. In 2025, it made 1 investment, while as of Jun 2026, it has made 3 investments in this year. Its most recent first time investment was in Kapture.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 0 | 3 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
Cactus Partners' Investments by Stage
Cactus Partners has made 3 investments in Series A stage with an average round size of $11.6M and 2 investments in Seed stage with an average round size of $612K.Stage of entry | No. of Investments |
|---|---|
Series A | 3 |
Seed | 2 |
Note: We have considered here, only first round of investments
Cactus Partners' Investments by Sector
Cactus Partners has a diverse portfolio, with companies operating in the High Tech, Consumer Goods, Aerospace, Maritime and Defense Tech, Auto and Auto Tech. Notably, it has invested in 10 Tech companies, 8 Enterprise (B2B) companies, 6 Software companies and at least 5 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
High Tech | 3 |
Consumer Goods | 2 |
Aerospace, Maritime and Defense Tech | 1 |
Auto | 1 |
Auto Tech | 1 |
Others | 9 |
Note: We have considered here, only first round of investments
Cactus Partners' Investments by Geography
Cactus Partners has made most investments in India (5).Cactus Partners' recent investments
Cactus Partners has made 3 investments in 2026 so far. Kapture and Bellatrix Aerospace are the latest among them.Here are the most recent investments by Cactus Partners:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 30, 2026 | India | Series A | 9086 | [+1] | |
Mar 22, 2026 | India | Series A | 7475 | [+8] | |
Jan 09, 2026 | India | Series A | 7656 | [+4] | |
Mar 27, 2025 | India | Seed | 9591 | [+10] | |
Mar 30, 2023 | India | Seed | 6520 | - |
Team profile of Cactus Partners
Cactus Partners has a team of 24 members including 3 Partners and 6 Principals located in India and Saudi Arabia. Cactus Partners' team sits on the board of 2 companies.Here is a list of top team members in Cactus Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | Brandworks and Wildcraft | ||
Partner | - | - | ||
Partner | Bengaluru | - | - | |
Principal | - | - | - | |
Principal | Mumbai | - | ||
Principal | Saudi Arabia | - | ||
Principal | Delhi | - | ||
Principal | Mumbai | - | ||
Principal | Mumbai | - | - |
Co-investors of Cactus Partners
Over the past 3 years, 94 investors have co-invested in Cactus Partners's portfolio companies. This includes funds and angels.
- Invested before Cactus Partners: Cactus Venture Partners, India Alternatives and 79 others have invested in rounds before Cactus Partners. There are 4 companies where Cactus Venture Partners has invested before Cactus Partners and 1 company where India Alternatives has invested before Cactus Partners.
- Top Co-investors of Cactus Partners: 13 investors entered a company along with Cactus Partners. These include investors like Bajaj Finserv Ventures (1 company).
Recent News related to Cactus Partners
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Cactus Partners Plans 13-15 Investments Through ₹1,600-Crore Fund IIViestories•Jul 27, 2026•Cactus Partners
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Bajaj Finserv Ventures leads $10 Mn pre Series B round in Kapture CXEntrackr•Jun 30, 2026•Kapture, Bajaj Finserv, India Alternatives, Cactus Partners and 1 other
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Cactus Partners-backed Auric in advanced talks for Series B fundraiseVCCircle•Jun 08, 2026•Cactus Partners, Auric
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Bharat Innovates 2026: From an IISc lab to orbit, meet the startup powering India's satellite economyYourStory•Jun 05, 2026•Cactus Partners, Bellatrix Aerospace, Startupxseed Ventures, IndusBridge Ventures and 5 others
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Bellatrix Aerospace raises $20M in pre-Series B funding round led by Cactus PartnersYourStory•Mar 28, 2026•Cactus Partners, Monarcholdings, growX ventures, IndusBridge Ventures and 9 others
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Lohum, Parkmate backer Cactus Partners rolls out second VC fundVCCircle•Mar 24, 2026•Cactus Partners
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Showroom B2B Raises INR 150 Cr in Series A Funding Led by Cactus PartnersEnablers•Feb 11, 2026•Accion, ShowroomB2B, Jungle Ventures, Zephyr Management and 2 others

