About Z47
Z47 is a venture capital firm founded in 2006. It is primarily based out of Bengaluru, India. As of Jul 2026, Z47 is an active investor, having invested in 213 companies, with 2 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 Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Series D round of OneCard Overall, Z47 portfolio has seen 11 unicorns, 5 IPOs and 30 acquisitions including key companies like Razorpay, Bigbasket and VerSe. A lot of funds co-invest with Z47, with names like Angel List sharing a substantial percentage of its portfolio. Z47 has team of 61 people including 13 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 7 more
Portfolio IPOs
Portfolio Acquisitions
Deals in last 12 months
Z47's List of Top Investments
Z47 has a portfolio of 213 companies, including 11 unicorns. Their most notable investments are in HouseJoy and EMTECH.Their portfolio spans across India, United States, Singapore and 6 more locations. They have invested in Enterprise Applications, Consumer, Retail and 31 other sectors, across stages such as Seed, Series A and 7 more. Here is the list of top investments by Z47:1. Razorpay
Provider of payment and business banking solutions for enterprises. The company offers tools for payment acceptance, automated payroll, and business banking. Solutions include payment gateways, current accounts, and corporate credit cards. It also provides developer resources such as API documentation and integration tools.
Key facts about Razorpay
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $742M
- Employee Count: 3,028 as on Aug 31, 2025
- Investors: TCV, GIC and 35 Others
- Latest Funding Round: Series F, Dec 19, 2021, $*****
- Highlight: Editors' Pick

2. Zupee
Operator of digital platforms providing skill based board game applications. These applications offer various formats of traditional games including board and card variations. Users engage in matches that require strategic planning and timing to achieve objectives within defined constraints. The software functions on mobile and desktop devices to facilitate interactive gameplay. Each game session focuses on individual performance and decision making to determine outcomes.
Key facts about Zupee
- Founded Year: 2018
- Location: Gurugram (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $122M
- Employee Count: 554 as on Jul 31, 2025
- Investors: Nepean Capital, Smile Group and 24 Others
- Latest Funding Round: Series B, Jan 05, 2022, $*****
- Highlight: Editors' Pick

3. Scapia
Provider of credit cards and a platform for travel bookings. The platform facilitates rewards on card spends across various merchants. It also allows users to book stays, flights, buses, and trains. The credit cards offer benefits such as lounge access and zero forex markup.
Key facts about Scapia
- Founded Year: 2022
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $135M
- Employee Count: 145 as on Aug 31, 2025
- Investors: General Catalyst, Peak XV Partners and 17 Others
- Latest Funding Round: Series C, May 20, 2026, $*****
- Highlight: Editors' Pick
4. Cloudnine
Chains providing maternity, gynaecology, fertility, neonatal, and paediatric healthcare services. These facilities offer comprehensive medical care for women and children, including intensive care units for newborns and infants. The services encompass diagnostic radiology, physiotherapy, nutritional counseling, and breastfeeding support. Specialized medical teams manage pregnancy, childbirth, and postnatal recovery while providing ongoing health monitoring for infants and children. The clinical operations focus on delivering medical expertise across various specialized departments dedicated to maternal and child health.
Key facts about Cloudnine
- Founded Year: 2007
- Location: Bengaluru (India)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $205M
- Employee Count: 6,354 as on May 31, 2026
- Investors: Education Growth Partners, True North and 23 Others
- Latest Funding Round: Series D, Feb 26, 2024, $*****
- Highlight: Editors' Pick
5. Bigbasket
Online retailer of grocery, household, beauty, and personal care products. It provides a selection of food items, cleaning supplies, and personal care products. The business offers delivery options with varied time slots. It also provides an express delivery service for immediate needs in select areas.
Key facts about Bigbasket
- Founded Year: 2011
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $943M
- Employee Count: 22,095 as on May 31, 2025
- Investors: Helion Venture Partners, LionRock Capital and 68 Others
- Latest Funding Round: Conventional Debt, Nov 20, 2025, $*****
- Highlight: Acquired
Z47's Year-on-Year Investment Trends
Z47 has invested in 213 companies over the last 20 years, with an average of 14 new investments annually in the last 10 years. In 2025, it made 27 investments, while as of Jul 2026, it has made 8 investments in this year. Its most recent first time investment was in Coral and most recent follow-on round was in OneCard.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 7 | 8 |
2025 | 3 | 24 | 27 |
2024 | 29 | 18 | 47 |
2023 | 25 | 11 | 36 |
2022 | 14 | 27 | 41 |
2021 | 12 | 28 | 40 |
2020 | 16 | 22 | 38 |
2019 | 19 | 13 | 32 |
2018 | 12 | 16 | 28 |
2017 | 11 | 5 | 16 |
Z47's Investments by Stage
Z47 has made 114 investments in Seed stage with an average round size of $3.41M, 66 investments in Series A stage with an average round size of $12.5M and 10 investments in Series B stage with an average round size of $14.1M.Stage of entry | No. of Investments |
|---|---|
Seed | 114 |
Series A | 66 |
Series B | 10 |
Unattributed | 6 |
PE | 3 |
Others | 6 |
Note: We have considered here, only first round of investments
Z47's Investments by Sector
Z47 has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, FinTech and High Tech. Notably, it has invested in 174 Tech companies, 119 Consumer (B2C) companies, 104 Enterprise (B2B) companies and at least 83 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 77 |
Enterprise Applications | 59 |
Retail | 44 |
FinTech | 38 |
High Tech | 22 |
Others | 243 |
Note: We have considered here, only first round of investments
Z47's Investments by Geography
Z47 has made most investments in India (177), followed by United States where it has made 25 investments.Country | No. of Investments |
|---|---|
India | 177 |
United States | 25 |
Singapore | 3 |
China | 1 |
Finland | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Z47's recent investments
Z47 has made 8 investments in 2026 so far. OneCard and WizCommerce are the latest among them.Here are the most recent investments by Z47:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 13, 2026 | India | Series D | 7943 | [+1] | |
Jun 29, 2026 | India | Series A | 4010 | [+4] | |
May 20, 2026 | India | Series C | 3447 | [+1] | |
Apr 20, 2026 | United States | Seed | 9948 | ||
Apr 17, 2026 | India | Series A | 9885 | [+3] |
Unicorns in Z47's Portfolio
Z47 has 11 unicorns in its portfolio - Neysa, Luma AI, Krutrim and others. The most recent unicorn in their portfolio is Neysa. It became a unicorn in 2026, 1 years after Z47 first invested in it.Here is a list of unicorns in Z47's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
70 | Provider of AI acceleration cloud system with infrastructure and services | 2023 | Mumbai | Series B | vnxnfyo | ||
66 | Developer of generative artificial intelligence agents for creative video production | 2021 | Palo Alto | Series C | bjvkwyz | ||
68 | Provider of AI cloud infrastructure, foundational models, and applications | 2023 | Bengaluru | Series B | gdscacr | ||
75 | Provider of metal credit cards with a mobile application interface | 2019 | Pune | Series D | iuhnzga | ||
71 | Provider of financial solutions, including loans, for SMEs and corporates | 2016 | Gurugram | Series A | yszhvnd |
IPOs and Publicly Listed companies in Z47's Portfolio
5 of Z47's portfolio companies have become public. Ola Electric got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Aug 2024 at marketcap of $3.99B and Five Star Business Finance got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) at marketcap of $1.69B.Here are Z47's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 09, 2024 | Feb 26, 2019 | Series A | 4832 | |
Nov 21, 2022 | Feb 21, 2014 | Unattributed | 3744 | |
Jul 30, 2018 | Oct 24, 2011 | Series A | 9092 | |
Aug 26, 2011 | Aug 20, 2008 | Series A | 1247 | |
May 06, 2011 | Jul 23, 2010 | PE | 1105 |
Acquired companies in Z47's Portfolio
30 companies from Z47's portfolio have been acquired. The most recent acquisition was Aampe in Jun 2026 by MoEngage for $*****.Here are Z47's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 24, 2026 | Oct 05, 2023 | Seed | 2005 | |
May 06, 2023 | Oct 18, 2011 | Unattributed | 1557 | |
Jan 12, 2023 | Jan 21, 2014 | Series B | 2071 | |
Dec 08, 2022 | May 04, 2020 | Series A | 3366 | |
Nov 29, 2022 | Sep 07, 2017 | Series B | 9644 |
Team profile of Z47
Z47 has a team of 61 members including 13 Partners, 1 Venture Partner and 11 Principals located in India and Philippines. Z47's team sits on the board of 4 companies.Here is a list of top team members in Z47:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Bengaluru | |||
Partner | Bengaluru | - | ||
Partner | Bengaluru | - | ||
Partner | Mumbai | - | ||
Partner | Mumbai | |||
Partner | Mumbai | - | ||
Partner | Jaipur | - | - | |
Partner | Mumbai | - | ||
Partner | Manila | - | - | |
Partner | Bengaluru | - | ||
Partner | Bengaluru | - |
Co-investors of Z47
Over the past 20 years, 3204 investors have co-invested in Z47's portfolio companies. This includes funds and angels.
- Invested before Z47: Angel List, LetsVenture and 1038 others have invested in rounds before Z47. There are 7 companies where Angel List has invested before Z47 and 5 companies where LetsVenture has invested before Z47.
- Top Co-investors of Z47: 1144 investors entered a company along with Z47. These include investors like Angel List (18 companies).
- Invested after Z47: A total of 1020 investors have invested in Z47's portfolio after their investments. Top Investors include Alteria Capital (18 companies), Peak XV Partners (16 companies) and Stride Ventures (16 companies).
Recent News related to Z47
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OneCard Secures Rs 72 Crore in Series D Funding Led by Peak XV PartnersEntrackr•Jul 13, 2026•Z47, OneCard, Peak XV Partners, NeoGroup
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Home Loan Marketplace Ambak In Talks To Raise ₹80 CrInc42•Jun 24, 2026•Ambak, Z47, Peak XV Partners, Quona and 4 others
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General Catalyst just led a $63M bet on India’s travel payments marketTechCrunch+•May 20, 2026•Scapia, Peak XV Partners, General Catalyst, Z47 and 3 others
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Oolka raises Rs 130 Cr in Series A led by Accel at Rs 730 Cr valuationEntrackr•Apr 24, 2026•Z47, Oolka, Lightspeed Venture Partners, Accel
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Coral Raises $12.5 Million To Automate Healthcare AdministrationVentureburn•Apr 20, 2026•Coral, Z47, Lightspeed Venture Partners, Lightspeed and 6 others
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Quick Pharma Startup Plazza In Talks To Raise $6 Mn From Z47Inc42•Mar 27, 2026•Plazza, Z47, All In Capital, Better Capital
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Stable Money Founders' Stake Falls to 30% After Pre-Series C RoundEntrackr•Mar 17, 2026•Z47, Peak XV Partners, Stable Money, Fundamentum and 4 others
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Stable Money reports Rs 4.3 Cr revenue and Rs 45 Cr loss in FY25Entrackr•Feb 26, 2026•Z47, Stable Money, RTP Global
