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VC fund (Cat II) · SEBI registry

IQ ALPHA V

Pre-seed / Idea · Fintech · Bengaluru

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Contact on file — shared on accepted request

At a glance

Stage focus
Pre-seed / Idea
Primary sector
Fintech
HQ / office
Bangalore, Karnataka (Indiranagar); also Mumbai (Powai)
Fund registered
2024
Investments on record
126
Corpus (as reported)
India Quotient Fund V raised ~$129M (2025); prior Fund IV ~$80M (2021)
LinkedIn
Profile ↗

About

IQ Alpha V is a SEBI Category II AIF managed by India Quotient, an early-stage VC firm founded in 2012 by Anand Lunia and Madhukar Sinha that backs India-first pre-seed and seed startups.

Investment focus

Pre-seed and seed stage; India-first consumer, fintech, B2B marketplaces, SaaS, social/media and brands

Cheque size

INR 1-15 Cr (~USD 0.5-3M) at pre-seed/seed

As compiled from public sources — verify with the investor.

SEBI registration

SEBI AIF Category II — reported as “Cat II

  • IN/AIF2/24-25/1651

SIDBI Fund of Funds

On the SIDBI FFS list

Funds: IQ Alpha Fund IV; IQ Alpha III; IQ ALPHA IV

Yes — on official SIDBI FFS supported-AIF list (IQ ALPHA IV; IQ Alpha Fund IV; IQ Alpha III)

Notable portfolio

ShareChat; Sugar Cosmetics; LendingKart; Vyapar; GIVA; KukuFM; Propelld

Team & organisation

~13-member team incl. ~5 partners (Anand Lunia, Madhukar Sinha, Gagan Goyal, Kanika Agarrwal, Sahil Makkar)

LLP-managed SEBI Category II AIF; vehicle IQ Alpha V (SEBI IN/AIF2/24-25/1651), investment manager India Quotient Advisers LLP; multi-fund manager (Funds I-V)

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Frequently asked

What does IQ ALPHA V invest in?
Pre-seed and seed stage; India-first consumer, fintech, B2B marketplaces, SaaS, social/media and brands
What cheque size does IQ ALPHA V write?
As compiled from public sources: INR 1-15 Cr (~USD 0.5-3M) at pre-seed/seed
How do I pitch IQ ALPHA V through iHub India?
Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

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About this record

Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.

Sources: https://www.indiaquotient.in/aif-registration-details; https://www.indiaquotient.in