What cheque size does IQ STARTUP FUND write?

As compiled from public sources: INR 1-15 Cr (~USD 0.5-3M) at pre-seed/seed (firm-wide)

How do I pitch IQ STARTUP FUND 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.

VC fund (Cat II) · SEBI registry

IQ STARTUP FUND

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
City: Bengaluru
HQ / office: Mumbai, Maharashtra (Powai); also Bangalore (Indiranagar)
Fund registered: 2017
Investments on record: 126
Corpus (as reported): India Quotient Fund IV ~$80M (2021); Fund V ~$129M (2025); earlier funds smaller
Website: www.indiaquotient.in
LinkedIn: Profile ↗

About

IQ Startup Fund (and its successor vehicles IQ Startup Fund II and III) are SEBI-registered AIFs of India Quotient, an early-stage VC firm founded in 2012 by Anand Lunia and Madhukar Sinha investing in 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 (firm-wide)

As compiled from public sources — verify with the investor.

SEBI registration

SEBI AIF Category I — reported as “Cat I/Cat II”

IN/AIF1/17-18/0347
IN/AIF2/21-22/0882
IN/AIF2/23-24/1371

SIDBI Fund of Funds

None found (no primary SIDBI/firm confirmation; one secondary blog lists India Quotient among FFS-supported funds but unverified by primary source; IQ Startup Fund is Category I, hence FFS-eligible)

Notable portfolio

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

Team & organisation

~13-member team incl. ~5 partners (firm-wide)

LLP-managed SEBI Category I AIF (IQ STARTUP FUND, SEBI IN/AIF1/17-18/0347) housing schemes IQ Alpha III and IQ Opportunities Fund; investment manager India Quotient Advisers LLP; multi-fund

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Frequently asked

What does IQ STARTUP FUND invest in?: Pre-seed and seed stage; India-first consumer, fintech, B2B marketplaces, SaaS, social/media and brands
What cheque size does IQ STARTUP FUND write?: As compiled from public sources: INR 1-15 Cr (~USD 0.5-3M) at pre-seed/seed (firm-wide)
How do I pitch IQ STARTUP FUND 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.sebi.gov.in/enforcement/orders/dec-2022/adjudication-order-in-respect-of-8entities-in-the-matter-of-iq-startup-fund-category-i-aif_66688.html