About First Cheque
First Cheque is a venture capital firm founded in 2018. It is primarily based out of Mumbai, India. As of Jul 2026, First Cheque is an active investor, having invested in 139 companies, with 2 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 Retail. Most recently it participated in the $***** Seed round of On-Points Overall, First Cheque portfolio has seen 9 acquisitions including key companies like Melio, Stratzy and Able Jobs. A lot of funds co-invest with First Cheque, with names like Wellfound sharing a substantial percentage of its portfolio. First Cheque has team of 10 people.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Soonicorns
First Cheque's List of Top Investments
First Cheque has a portfolio of 139 companies. Their most notable investments are in Bellatrix Aerospace and Stratzy.Their portfolio spans across India, United States and Singapore. They have invested in Enterprise Applications, Consumer, Retail and 26 other sectors, across stages such as Seed stage. Here is the list of top investments by First Cheque:
1. GIVA
Omnichannel jewellery brand offering silver, gold, and demi-fine jewellery. Its portfolio includes rings, earrings, pendants, necklaces, bracelets, bangles, anklets, mangalsutras, nose pins, and jewellery for women, men, and children. It operates through its online store, mobile app, and physical retail outlets, while also offering gifting products, personalized jewellery, gift cards, and smart purchase plans.
Key facts about GIVA
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Stage: Series C
- Total Funding till date: $128M
- Employee Count: 3,246 as on May 31, 2026
- Investors: Premji Invest, BlackSoil and 83 Others
- Latest Funding Round: Series C, May 25, 2026, $*****
- Highlight: Editors' Pick
2. Wint Wealth
Online platform providing bond investments with fixed returns and repayment options. It facilitates bond transactions and operates as a registered stock broker in the debt segment. The platform offers resources, including risk disclosures and terms of use, for investor awareness. It also provides a grievance redressal mechanism and contact information for queries.
Key facts about Wint Wealth
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $54M
- Employee Count: 132 as on Feb 28, 2026
- Investors: 3one4 Capital, Lok Capital and 118 Others
- Latest Funding Round: Series B, Nov 26, 2025, $*****
- Highlight: Editors' Pick
3. Seekho
Provider of short educational videos covering technology business and finance. The platform hosts content across multiple categories including career development, personal growth, and wellness. Users access instructional material created by mentors to acquire practical skills. The service offers subscription options for ad-free viewing and unlimited access to the video library.
Key facts about Seekho
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $42.3M
- Employee Count: 116 as on May 31, 2026
- Investors: Elevation Capital, Lightspeed and 39 Others
- Latest Funding Round: Series B, Aug 29, 2025, $*****
- Highlight: Editors' Pick
4. Melio
Provider of accounts payable and receivable solutions for businesses. The platform offers tools for paying vendors, sending invoices, and managing business finances. Features include mobile access, bank transfers, and card payment options. It facilitates approval workflows, bill capture, and tax form management. The platform also provides international payment capabilities and options for paying over time.
Key facts about Melio
- Founded Year: 2018
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $654M
- Employee Count: 697 as on Sep 30, 2026
- Investors: Salesforce Ventures, Company Capital and 26 Others
- Latest Funding Round: Series E, Oct 31, 2024, $*****
- Highlight: Acquired
5. DrinkPrime
Provider of water purification devices available through subscription plans and services. The company offers a range of water purification products utilizing multi-stage filtration. These products incorporate features such as sediment and carbon filters, RO membrane, UV lamp, mineraliser, and alkaline filter. The company provides options for tracking water consumption and filter health.
Key facts about DrinkPrime
- Founded Year: 2016
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $18M
- Employee Count: 287 as on Aug 31, 2025
- Investors: SIDBI Venture Capital, F2A and 92 Others
- Latest Funding Round: Series A, Mar 11, 2026, $*****
- Highlight: Editors' Pick
First Cheque's Year-on-Year Investment Trends
First Cheque has invested in 139 companies over the last 7 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 1 investment, while as of Jul 2026, it has made 1 investment in this year. Its most recent first time investment was in On-Points and most recent follow-on round was in BiteSpeed.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 1 | 0 | 1 |
2024 | 2 | 0 | 2 |
2023 | 6 | 0 | 6 |
2022 | 6 | 2 | 8 |
2021 | 25 | 4 | 29 |
2020 | 20 | 0 | 20 |
2019 | 12 | 0 | 12 |
First Cheque's Investments by Stage
First Cheque has made 73 investments in Seed stage with an average round size of $776K.First Cheque's Investments by Sector
First Cheque has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Retail, High Tech and FinTech. Notably, it has invested in 129 Tech companies, 77 Consumer (B2C) companies, 76 Enterprise (B2B) companies and at least 76 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 27 |
Consumer | 24 |
Retail | 14 |
High Tech | 11 |
FinTech | 9 |
Others | 76 |
Note: We have considered here, only first round of investments
First Cheque's Investments by Geography
First Cheque has made most investments in India (66), followed by United States where it has made 9 investments.Country | No. of Investments |
|---|---|
India | 66 |
United States | 9 |
Note: We have considered here, only first round of investments
First Cheque's recent investments
First Cheque has made 1 investments in 2026 so far - On-Points.Here are the most recent investments by First Cheque:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 07, 2026 | India | Seed | 5803 | ||
Nov 05, 2025 | India | Seed | 2931 | [+6] | |
Feb 09, 2024 | United States | Seed | 2341 | [+2] | |
Jan 10, 2024 | India | Seed | 1996 | - | |
Oct 17, 2023 | India | Seed | 9031 | [+9] |
Acquired companies in First Cheque's Portfolio
9 companies from First Cheque's portfolio have been acquired. The most recent acquisition was Stratzy in Nov 2025 by Raise for $*****.Here are First Cheque's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 19, 2025 | Nov 09, 2021 | Seed | 9363 | |
Jun 24, 2025 | - | - | 7646 | |
Aug 06, 2024 | Jul 17, 2020 | Seed | 9673 | |
Sep 21, 2023 | Sep 25, 2021 | Seed | 2667 | |
Aug 08, 2023 | - | - | 4613 |
Team profile of First Cheque
First Cheque has a team of 10 members including 8 Venture Partners located in India and United States. First Cheque's team sits on the board of 10 companies.Here is a list of all team members in First Cheque:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Venture Partner | Bengaluru | |||
Venture Partner | Mumbai | |||
Venture Partner | San Francisco | Konotor and FreshHomez | ||
Venture Partner | - | - | - | |
Venture Partner | Bengaluru | |||
Venture Partner | New York | |||
Venture Partner | - |
Co-investors of First Cheque
Over the past 7 years, 1468 investors have co-invested in First Cheque's portfolio companies. This includes funds and angels.
- Invested before First Cheque: Wellfound, Angel List and 298 others have invested in rounds before First Cheque. There are 8 companies where Wellfound has invested before First Cheque and 5 companies where Angel List has invested before First Cheque.
- Top Co-investors of First Cheque: 586 investors entered a company along with First Cheque. These include investors like Wellfound (24 companies).
- Invested after First Cheque: A total of 582 investors have invested in First Cheque's portfolio after their investments. Top Investors include Z Nation Lab (4 companies), LVX (4 companies) and Kunal Shah (4 companies).
Recent News related to First Cheque
•
Onpoint, a consumer rewards platform, raises $600k in pre-seed fundingEntrackr•Jul 07, 2026•On-Points, Whiteboard Capital, First Cheque
•
UK Poindexter Labs Raises £2M For AI Training DataStartup Rise EU•Jun 02, 2026•First Cheque, Episode 1 Ventures, Record OS, Poindexter
•
Lorazzo Secures INR 5 Cr in Seed Funding Led by Sprout Venture Partners and First ChequeEnablers•Jan 22, 2026•Lorazzo, First Cheque, Sprout Venture Partners, Chandigarh Angels Network and 1 other
•
Ambitio secures $2M seed funding to revolutionize AI-powered university admissionsElets Technomedia•Mar 21, 2025•Ambition, BLinC Invest, First Cheque
•
Ambitio Secures $2 Million in Seed Funding Led by BLinC Invest to Enhance AI-Driven Admissions PlatformStartup Story•Mar 12, 2025•Ambition, First Cheque, BLinC Invest
•
Medial raises $500K in pre-Series A led by OG CapitalEntrackr•Dec 05, 2024•Ogcapitalbv, Medial, Ortella Global Capital, First Cheque
•
30 Sundays Raises $770,000 to Revolutionize Holiday Travel with Generative AIBusiness Wire India•Nov 05, 2024•30 Sundays, Info Edge Ventures, First Cheque, Eximius Ventures and 2 others
•
Early stage VC firm First Cheque to invest in 15-20 startupsEntrackr•Oct 28, 2024•First Cheque, Rocketlane, Seekho, Fleetx
•
Early-stage funding gap fuels the rise of micro VCsFinancial Express•Oct 22, 2024•First Cheque, WaterBridge, We Founder Circle
•
Former Meta COO Sheryl Sandberg makes second investment in Bengaluru AI startupMoneycontrol•Aug 19, 2024•Simplismart, Anicut Capital, Titan Capital, Accel and 5 others
