About HVCF
HVCF is a venture capital firm located in Jaipur, India. It primarily invests in India based startups. Its investments are spread across a wide range of sectors from Consumer Goods to Energy and Business Services. Overall, HVCF portfolio has seen 13 IPOs including key companies like Swiggy, Aramco and Kyndryl. HVCF has team of 16 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Portfolio IPOs
HVCF's List of Top Investments
HVCF has a portfolio of 13 companies. Their most notable investments include Swiggy and Aramco.Their portfolio spans across India and Saudi Arabia. They have invested in Consumer Goods, Energy, Business Services and 9 other sectors. Here is the list of top investments by HVCF:1. Swiggy
Online platform that enables users to order food, groceries, and dining‑out options. It coordinates pickup and delivery services for a wide range of restaurants and retail partners.
Key facts about Swiggy
- Founded Year: 2013
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $3.62B
- Employee Count: 4,488 as on Mar 31, 2025
- Investors: Harmony Partners, Harmony Venture Partners and 90 Others
- Latest Funding Round: Post IPO, Dec 12, 2025, $*****
- Highlight: Public

2. Aramco
Provider of exploration and production services for oil and gas sector. It provides energy and chemicals, and it is involved in various global initiatives, partnerships, and technological developments. In 2022, the company recorded annual revenues of $589.47B and a net profit of $156.36B.
Key facts about Aramco
- Founded Year: 1993
- Location: Dhahran (Saudi Arabia)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Employee Count: 168,220 as on Sep 30, 2026
- Investors: Janse Capital, Public Investment Fund and 5 Others
- Latest Funding Round: Post IPO, Feb 13, 2022, $*****
- Highlight: Public

3. Kyndryl
Provider of mobile application development, data management, and cloud services. The company offers core enterprise management, security and resiliency services, AI & network management, digital transformation, and IT advisory services. In 2023, the company recorded annual revenues of $17.33B and a net loss of $1.38B.
Key facts about Kyndryl

4. Shera Group
Manufacturer of non-ferrous metal products for electrical applications. The company produces a variety of brass and copper products, including rods, wires, tubes, and bus bars. Aluminum products such as tubes and bus bars are also manufactured. Additionally, they offer paper-covered and enamel-coated conductors in both aluminum and copper. These products are used in various industries, including transformers and welding machines, as well as electric-electronics appliances. The manufacturing process emphasizes quality assurance and utilizes a modern testing facility.
Key facts about Shera Group
- Founded Year: 2003
- Location: Jaipur (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $1.6M
- Employee Count: 28 as on Sep 30, 2026
- Investors: Canbank Venture Capital Fund, HVCF and 8 Others
- Latest Funding Round: Series A, Mar 25, 2015, $*****
- Highlight: Public
Key facts about Motisons Jewellers
- Founded Year: 2011
- Location: Tonk (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $3.97M
- Employee Count: 105 as on Sep 30, 2026
- Investors: HVCF, PL Capital and 3 Others
- Latest Funding Round: Unattributed, Oct 21, 2023, $*****
- Highlight: Public
IPOs and Publicly Listed companies in HVCF's Portfolio
13 of HVCF's portfolio companies have become public. Swiggy got listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), in Nov 2024 at marketcap of $10.3B and KRN Heat Exchanger got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) at marketcap of $156M.Here are HVCF's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 13, 2024 | - | - | 2581 | |
Oct 03, 2024 | - | - | 4651 | |
Aug 28, 2024 | - | - | 3424 | |
Aug 26, 2024 | - | - | 3460 | |
Aug 26, 2024 | - | - | 2731 |
Team profile of HVCF
HVCF has a team of 16 members including 3 Partners and 4 Principals located in India. HVCF's team does not sit on the board of any company as of now.Here is a list of top team members in HVCF:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Jaipur | - | ||
Partner | Jaipur | - | - | |
Partner | Jaipur | - | ||
Principal | - | - | - | |
Principal | Jaipur | - | - | |
Principal | Mumbai | - | - | |
Principal | Mumbai | - | - |
Recent News related to HVCF
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Holani VC, Meru Investment Fund acquire stake in Shyam Dhani IndustriesMoneycontrol•Jan 02, 2026•Meru Portfolio, Shyam Spices, HVCF
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Moving Media Entertainment Limited Raised ₹ 9.87 Crore Via Anchor Investors Prior To IPO LaunchAsian News International•Jun 26, 2025•Movingmedia, Aarthaif, VIKASA Capital, Corporate Capital Ventures and 2 others