What cheque size does Rainmatter Capital (Zerodha) write?

As compiled from public sources: INR 50 lakh to INR 100 Cr (stage-agnostic; typically early-stage cheques)

How do I pitch Rainmatter Capital (Zerodha) through iHub India?

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VC fund (Cat II) · Curated list

Rainmatter Capital (Zerodha)

Seed · Fintech · Bengaluru

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At a glance

Stage focus: Seed
Primary sector: Fintech
City: Bengaluru
HQ / office: Rainmatter Capital Pvt Ltd / Zerodha campus, 153/154, 4th Cross, Dollars Colony, opposite Clarence Public School, J.P. Nagar 4th Phase, Bengaluru, Karnataka 560078, India
Fund registered: 2024
Investments on record: 174
Corpus (as reported): ~₹1,000 crore perpetual (evergreen) fund corpus (reported 2024-2026); cumulative deployment reported at ~₹1,500 crore across 160+ startups (Nithin Kamath, Apr 2026). Separately, Rainmatter Foundation has committed ~$200M to climate/health grants. (Note: AUM is a corpus commitment, not a closed-fund AUM figure.)
Website: rainmatter.com
LinkedIn: Profile ↗

About

Rainmatter (operating entity Rainmatter Capital Private Limited, CIN U74999KA2016PTC094379, incorporated 23 June 2016, Bengaluru) is the in-house venture/incubation arm of stockbroker Zerodha, deploying a ~₹1,000 crore perpetual evergreen fund. It backs early-stage Indian founders in fintech, health, climate and media with patient long-term capital and does not take board seats. Directors are Zerodha co-founders Nithin Kamath and Nikhil Kamath (both confirmed on the MCA registry).

Investment focus

Early/seed-stage (cheques ~₹50 lakh to ₹100 crore); sectors: fintech, health & fitness, climate, and media. Patient/long-term capital; does not take board seats.

Cheque size

INR 50 lakh to INR 100 Cr (stage-agnostic; typically early-stage cheques)

As compiled from public sources — verify with the investor.

SEBI registration

SEBI AIF Category II — reported as “Seed / micro-VC (perpetual evergreen fund) / Cat II”

IN/AIF2/24-25/1515

SIDBI Fund of Funds

None found

Notable portfolio

smallcase; Jupiter (digital neobank); Cred; Sensibull; Ditto Insurance; Wint Wealth; M2P Fintech; Digio

Team & organisation

Small in-house team (Zerodha-backed); exact partner count not disclosed

Manager: Rainmatter Capital Pvt Ltd (Zerodha); SEBI-registered Category II AIF (Reg. IN/AIF2/24-25/1515), ~INR 1,000 Cr perpetual/evergreen fund, 15-year duration

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Frequently asked

What does Rainmatter Capital (Zerodha) invest in?: Early/seed-stage (cheques ~₹50 lakh to ₹100 crore); sectors: fintech, health & fitness, climate, and media. Patient/long-term capital; does not take board seats.
What cheque size does Rainmatter Capital (Zerodha) write?: As compiled from public sources: INR 50 lakh to INR 100 Cr (stage-agnostic; typically early-stage cheques)
How do I pitch Rainmatter Capital (Zerodha) 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

⚑ Private company confirmed (CIN ...PTC094379, "PTC" = Private). Not a government/DFI vehicle, though it is corporate-captive (an arm of Zerodha rather than an independent third-party VC) — relevant if program requires an independent fund. Name collision risk: distinct related entities exist — "Rainmatter Foundation" (rainmatter.org, the not-for-profit climate/health grant arm) and "Rainmatter Land Development Pvt Ltd"; do not conflate. Third-party scrapers (ZaubaCorp/Tofler) list a redacted/registry email — NOT used here as it is not published on the firm's own site.

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://rainmatter.com/; https://tracxn.com/d/venture-capital/rainmatter/__B1x0diOv9-lz5Gab4w5DV6RqPzlokkzk1JuAKX_v5uM