About Firstport Capital
Firstport Capital is a venture capital firm founded in 2020. It is primarily based out of Gurugram, India. As of Aug 2026, Firstport Capital is an active investor, having invested in 111 companies, with 4 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 Consumer to Enterprise Applications and Retail. Most recently it participated in the $***** Series A round of Theater Overall, Firstport Capital portfolio has seen 5 acquisitions including key companies like MyCaptain, Koovers and Prescinto. A lot of funds co-invest with Firstport Capital, with names like Inflection Point Ventures sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Soonicorns
Deals in last 12 months
Firstport Capital's List of Top Investments
Firstport Capital has a portfolio of 111 companies. Their most notable investments are in Happy Jars and Mishmash Naturals.Their portfolio spans across India and United States. They have invested in Consumer, Enterprise Applications, Retail and 28 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Firstport Capital:
1. Blu-Smart
Platform offering electric vehicle fleet undergoing corporate insolvency resolution process. An insolvency professional has been appointed to manage the entity. The board of directors' powers are suspended, and management is vested in the resolution professional. Correspondence regarding the corporate insolvency resolution process should be directed to the designated email address.
Key facts about Blu-Smart
- Founded Year: 2019
- Location: Gurugram (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2024
- Last Known Valuation: $*****
- Stage: Deadpooled
- Total Funding till date: $159M
- Employee Count: 613 as on Feb 28, 2025
- Investors: SoftBank Group, BlackSoil and 281 Others
- Latest Funding Round: Series A, Dec 23, 2024, $*****
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2. STAGE
Provider of Indian movies, web series and originals. It offers a variety of content in different languages such as Haryanvi, Rajasthani, Bhojpuri, and Gujarati. The platform provides access to a wide selection of movies and shows across genres like drama, romance, thriller, and comedy.
Key facts about STAGE
- Founded Year: 2019
- Location: Delhi (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $23.7M
- Employee Count: 109 as on Aug 31, 2025
- Investors: GrowthStory, NB Ventures and 203 Others
- Latest Funding Round: Series B, Dec 13, 2024, $*****
- Highlight: Editors' Pick
3. Theater
Retailer of high fashion footwear, bags, and hosiery. The company offers a curated selection of stylish shoes, including heels, flats, and sneakers, alongside a variety of bags such as totes, slings, and crossbody styles. Additionally, the business provides an extensive range of hosiery, including stockings, tights, and socks, designed with diverse textures and patterns to complement various wardrobes. PF = Yes
Key facts about Theater
- Founded Year: 2021
- Location: Chandigarh (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2026
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $10.7M
- Employee Count: 89 as on May 01, 2026
- Investors: Firstport Capital, Stride Ventures and 35 Others
- Latest Funding Round: Series A, Aug 27, 2026, $*****
- Highlight: Editors' Pick
4. BonV Aero
Manufacturer of autonomous heavy payload drones for high altitude operations. These unmanned aerial vehicles are engineered for logistics, disaster relief, and military applications in challenging terrains. The systems feature modular payload capabilities, autonomous flight navigation, and artificial intelligence for predictive maintenance. Propulsion systems are optimized for performance in low air density environments. The product line supports various cargo transport requirements through research, design, and indigenous manufacturing processes. Custom solutions are developed to meet specific technical needs across multiple sectors.
Key facts about BonV Aero
- Founded Year: 2021
- Location: Bhubaneswar (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $6.43M
- Employee Count: 77 as on Apr 30, 2026
- Investors: Draper, Firstport Capital and 70 Others
- Latest Funding Round: Seed, Aug 14, 2025, $*****
- Highlight: Editors' Pick
5. Metashot
Developer of mobile-based metaphysical cricket game. MetaShot is a revolutionary cricket game that brings the physical world to connect with friends and family and can track each shot in the game. The game is available for iOS and Android devices.
Key facts about Metashot
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $2.21M
- Employee Count: 29 as on Aug 31, 2025
- Investors: KITVEN, Sharrp Ventures and 59 Others
- Latest Funding Round: Seed, Jun 11, 2025, $*****
- Highlight: Editors' Pick
Firstport Capital's Year-on-Year Investment Trends
Firstport Capital has invested in 111 companies over the last 5 years, with an average of 19 new investments annually in the last 5 years. In 2025, it made 21 investments, while as of Aug 2026, it has made 4 investments in this year. Its most recent first time investment was in Theater and most recent follow-on round was in QubeHealth.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 2 | 4 |
2025 | 16 | 5 | 21 |
2024 | 17 | 8 | 25 |
2023 | 28 | 7 | 35 |
2022 | 30 | 3 | 33 |
2021 | 16 | 0 | 16 |
Firstport Capital's Investments by Stage
Firstport Capital has made 103 investments in Seed stage with an average round size of $934K and 6 investments in Series A stage with an average round size of $7.26M.Stage of entry | No. of Investments |
|---|---|
Seed | 103 |
Series A | 6 |
Note: We have considered here, only first round of investments
Firstport Capital's Investments by Sector
Firstport Capital has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, Consumer Goods and High Tech. Notably, it has invested in 99 Tech companies, 60 Consumer (B2C) companies, 59 Enterprise (B2B) companies and at least 41 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 48 |
Retail | 33 |
Enterprise Applications | 30 |
Consumer Goods | 19 |
High Tech | 17 |
Others | 155 |
Note: We have considered here, only first round of investments
Firstport Capital's Investments by Geography
Firstport Capital has made most investments in India (108), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 108 |
United States | 1 |
Note: We have considered here, only first round of investments
Firstport Capital's recent investments
Firstport Capital has made 4 investments in 2026 so far. Theater and QubeHealth are the latest among them.Here are the most recent investments by Firstport Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 27, 2026 | India | Series A | 6495 | [+7] | |
Jun 11, 2026 | India | Series A | 3464 | ||
Apr 29, 2026 | India | Series A | 4833 | ||
Mar 06, 2026 | India | Seed | 3382 | ||
Dec 19, 2025 | India | Seed | 7565 |
Acquired companies in Firstport Capital's Portfolio
5 companies from Firstport Capital's portfolio have been acquired. The most recent acquisition was Dusminute in Sep 2025 by Starlocalmart for $*****.Here are Firstport Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 01, 2025 | Jun 28, 2023 | Seed | 3710 | |
May 29, 2025 | Jan 14, 2022 | Seed | 8194 | |
Oct 15, 2024 | Mar 17, 2021 | Seed | 8022 | |
Mar 05, 2024 | Nov 30, 2021 | Seed | 8561 | |
Aug 28, 2023 | - | - | 8591 |
Co-investors of Firstport Capital
Over the past 5 years, 5083 investors have co-invested in Firstport Capital's portfolio companies. This includes funds and angels.
- Invested before Firstport Capital: Inflection Point Ventures, LVX and 2166 others have invested in rounds before Firstport Capital. There are 15 companies where Inflection Point Ventures has invested before Firstport Capital and 12 companies where LVX has invested before Firstport Capital.
- Top Co-investors of Firstport Capital: 2100 investors entered a company along with Firstport Capital. These include investors like Inflection Point Ventures (89 companies).
- Invested after Firstport Capital: A total of 815 investors have invested in Firstport Capital's portfolio after their investments. Top Investors include We Founder Circle (6 companies), Z Nation Lab (5 companies) and Physis Capital (4 companies).
Recent News related to Firstport Capital
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Shark Tank featured Growfitter raises $1 million in funding led by Inflection Point VenturesIndiatimes•Mar 16, 2022•Growfitter, Inflection Point Ventures, Firstport Capital, Mumbai Angels and 4 others
