About Varanium
Varanium is a venture capital firm founded in 1990. It is primarily based out of Mumbai, India. As of Aug 2026, Varanium is an active investor, having invested in 17 companies, with 1 new investment 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 FinTech and Enterprise Infrastructure. Most recently it participated in the $***** Conventional Debt round of GetVantage Overall, Varanium portfolio has seen 1 acquisition, namely Jify. A lot of funds co-invest with Varanium, with names like VCAPL sharing a substantial percentage of its portfolio. Varanium has team of 14 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Varanium's List of Top Investments
Varanium has a portfolio of 17 companies. Their most notable investments are in HomeCapital and GetVantage.Their portfolio spans across and India. They have invested in Enterprise Applications, FinTech, Enterprise Infrastructure and 11 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Varanium:
1. Easebuzz
Provider of payment solutions and software as a service APIs. The company offers tools for online payment acceptance, payouts, verification, and risk management. Its software solutions include fee management, invoicing, onboarding, and recurring payments. The company also provides connected banking APIs for vendor payments, tax payments, and expense management.
Key facts about Easebuzz
- Founded Year: 2014
- Location: Pune (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $27.4M
- Employee Count: 593 as on May 31, 2026
- Investors: 8i Ventures, Finger Group and 18 Others
- Latest Funding Round: Series A, Apr 07, 2025, $*****
- Highlight: Editors' Pick
2. GetVantage
Provider of growth capital and embedded financing for digital brands. This business offers financial resources and integrated funding mechanisms to support the expansion of online commercial entities. The services facilitate access to liquidity for digital operations.
Key facts about GetVantage
- Founded Year: 2019
- Location: Mumbai (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $48.1M
- Employee Count: 30 as on May 31, 2026
- Investors: Chiratae Ventures, IIFL Finance and 38 Others
- Latest Funding Round: Series A, Aug 04, 2026, $*****
- Highlight: Editors' Pick
Digital marketplace for the biofuel and biomass supply chain. The platform connects farmers, biofuel producers, buyers, and logistics providers through web and mobile applications. It facilitates bilateral transactions, transport coordination, and settlement processing. It offers supply‑chain tools like delivery tracking, quality capture, and documentation management.
Key facts about BiofuelCircle
- Founded Year: 2020
- Location: Pune (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2026
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $24.2M
- Employee Count: 100 as on Jun 30, 2025
- Investors: Caspian Debt, Mumbai Angels and 102 Others
- Latest Funding Round: Series B, Jul 01, 2026, $*****
- Highlight: Editors' Pick
4. Metafin
Provider of solar energy financing services. It offers customers include hospitals, housing societies, schools, petrol stations, hotels, and sports academies. It helps replace expensive diesel with reliable solar power; combining tailored financing, high-quality service, and fast payback for seamless solar adoption.
Key facts about Metafin
- Founded Year: 2018
- Location: Mumbai (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $15.6M
- Employee Count: 86 as on Aug 31, 2025
- Investors: Innoven Capital, Prime Venture Partners and 21 Others
- Latest Funding Round: Conventional Debt, Mar 24, 2026, $*****
- Highlight: Editors' Pick
5. Riskcovry
Provider of a platform for digital insurance distribution and management. The platform offers tools for managing the insurance lifecycle, including purchase, management, and claims. It provides a unified application programming interface for integrating with multiple insurers and products. The platform supports assisted, embedded, and direct insurance distribution channels.
Key facts about Riskcovry
- Founded Year: 2018
- Location: Mumbai (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $14.4M
- Employee Count: 128 as on Aug 31, 2025
- Investors: 360 One, IIFL Finance and 38 Others
- Latest Funding Round: Series A, Jan 03, 2024, $*****
- Highlight: Editors' Pick
Varanium's Year-on-Year Investment Trends
Varanium has invested in 17 companies over the last 6 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 3 investments, while as of Aug 2026, it has made 3 investments in this year. Its most recent first time investment was in BiofuelCircle and most recent follow-on round was in GetVantage.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 2 | 3 |
2025 | 0 | 3 | 3 |
2024 | 1 | 0 | 1 |
2023 | 2 | 1 | 3 |
2022 | 7 | 2 | 9 |
2021 | 3 | 3 | 6 |
2020 | 3 | 0 | 3 |
Varanium's Investments by Stage
Varanium has made 12 investments in Seed stage with an average round size of $1.71M, 3 investments in Series A stage with an average round size of $2.36M, 1 investment in Conventional Debt stage and 1 investment in Series B stage with an average round size of $3.67M.Stage of entry | No. of Investments |
|---|---|
Seed | 12 |
Series A | 3 |
Conventional Debt | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Varanium's Investments by Sector
Varanium has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications, Financial Services, Vertical SaaS and Enterprise Infrastructure. Notably, it has invested in 15 Tech companies, 14 Enterprise (B2B) companies, 8 Software companies and at least 7 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
FinTech | 12 |
Enterprise Applications | 9 |
Financial Services | 5 |
Vertical SaaS | 4 |
Enterprise Infrastructure | 2 |
Others | 12 |
Note: We have considered here, only first round of investments
Varanium's Investments by Geography
Varanium has made most investments in India (17).Varanium's recent investments
Varanium has made 3 investments in 2026 so far. GetVantage and GetVantage are the latest among them.Here are the most recent investments by Varanium:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 04, 2026 | India | Conventional Debt | 2503 | [+3] | |
Aug 04, 2026 | India | Series A | 7921 | [+3] | |
Jul 01, 2026 | India | Series B | 4111 | [+10] | |
Apr 29, 2025 | India | Conventional Debt | 3128 | [+3] | |
Apr 17, 2025 | India | Series A | 4366 | [+4] |
Acquired companies in Varanium's Portfolio
1 company from Varanium's portfolio has been acquired. The most recent acquisition was Jify in Sep 2024 by Moneyview for $*****.Here are Varanium's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 12, 2024 | Jan 22, 2022 | Seed | 5536 |
Team profile of Varanium
Varanium has a team of 14 members including 4 Partners and 1 Principal located in India and Singapore. Varanium's team does not sit on the board of any company as of now.Here is a list of top team members in Varanium:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mumbai | - | - | |
Partner | Mumbai | - | ||
Partner | - | - | - | |
Partner | India | - | ||
Partner | Singapore | - | ||
Principal | Mumbai | - |
Co-investors of Varanium
Over the past 6 years, 578 investors have co-invested in Varanium's portfolio companies. This includes funds and angels.
- Invested before Varanium: Venture Catalysts, Angel List and 305 others have invested in rounds before Varanium. There are 3 companies where Venture Catalysts has invested before Varanium and 3 companies where Angel List has invested before Varanium.
- Top Co-investors of Varanium: 154 investors entered a company along with Varanium. These include investors like VCAPL (5 companies).
- Invested after Varanium: A total of 117 investors have invested in Varanium's portfolio after their investments. Top Investors include DMI Sparkle Fund (3 companies), VCAPL (3 companies) and 100Unicorns (3 companies).
Recent News related to Varanium
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GetVantage Secures Rs 63 Cr in Series A1 Round Led by Rajeev Ahuja and SanRaj GroupEntrackr•Aug 04, 2026•SanRaj Family Ventures, GetVantage, VCMint, Varanium and 1 other
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BiofuelCircle Secures Rs 35 Cr in Fresh Funding RoundEntrackr•Jul 10, 2026•BiofuelCircle, Varanium, Karma Capital
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Navadhan Raises ₹111 Crore in Series A Funding for Rural Fintech ExpansionElets Technomedia•Mar 24, 2025•Navadhan Capital, Prime Venture Partners, NABVENTURES, L N Bangur Group and 8 others
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Navadhan raises $5m in Seed fundingFinTech Collective•Dec 08, 2023•Navadhan Capital, Prime Venture Partners, Varanium, Gemba Capital
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Bharat Housing Network raises ₹125 cr in Series A round led by NabventuresMint•Nov 08, 2023•Bharat Housing Network, NABVENTURES, Varanium, 9Unicorns and 4 others
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Rural-Fintech Startup Navadhan Secures $1.5mn from Varanium, AnicutViestories•Jun 21, 2023•Navadhan Capital, Varanium, Anicut Capital, Gemba Capital
