Hardware & IoT investors in India
44 funds
Gatsbie lists 44 Hardware & IoT investors headquartered in India (as of 2026-10-24).
31 name hardware & iot in their investment focus; 13 invest across sectors.
Most are based in Mumbai (12), Bangalore (7) and Bengaluru (3); the most common stages are Series A (30), Seed (29) and Pre-Seed (19); the most common kinds of capital are Venture equity (37), Growth equity (16) and Real estate (13).
20 of 44 funds

Anikarth Ventures
Kanpur, India
Stages: Pre-Seed, Seed, Series A
Sectors: Hardware & IoT, Healthcare & MedTech, EdTech, Consumer Apps

AROA VENTURES (RITESH AGARWAL & GAURAV GULATI)
Gurgaon, India
Stages: Pre-Seed, Seed, Series C+, Growth
Sectors: Hardware & IoT, Space & Aerospace, Artificial Intelligence, CleanTech & Climate

AVAANA CAPITAL (ANJALI BANSAL)
Mumbai, India
Stages: Pre-Seed, Seed, Series A
Sectors: Data & Analytics, Artificial Intelligence, AgTech & FoodTech, Hardware & IoT

CATAMARAN VENTURES (NR NARAYANA MURTHY)
Bangalore, India
Stages: Pre-Seed, Seed, Series A, Series B
Sectors: Space & Aerospace, Mobility & Transportation, Healthcare & MedTech, Hardware & IoT

CYRUS POONAWALLA GROUP (FAMILY OFFICE)
Pune, India
Stages: Series C+, Growth
Sectors: Hardware & IoT, Financial Services, CleanTech & Climate, Space & Aerospace

ERAGON FAMILY OFFICE
Mumbai, India
Stages: Seed, Series A, Series B, Growth
Sectors: Healthcare & MedTech, Hardware & IoT, Biotech & Life Sciences, Artificial Intelligence

Gulia Ventures LLP
Jaipur, India
Stages: Seed, Series A, Series B, Growth
Sectors: Investment, PropTech, AgTech & FoodTech, CleanTech & Climate

Indian Angel Network
New Delhi, India
Stages: Pre-Seed, Seed, Series A
Sectors: AgTech & FoodTech, E-commerce & Marketplace, EdTech, Financial Services
Iron Pillar
Mumbai, India
Stages: Series A, Series B, Growth
Sectors: Consumer Apps, E-commerce & Marketplace, Enterprise Software, AgTech & FoodTech
NADATHUR HOLDINGS
Bengaluru, India
Stages: Seed, Series A, Series B, Growth
Sectors: Hardware & IoT, Healthcare & MedTech, Artificial Intelligence, Space & Aerospace

SEA Fund
Bangalore, India
Stages: Pre-Seed, Seed, Series A
Sectors: Enterprise Software, Consumer Apps, Financial Services, Space & Aerospace

Subhkam Ventures
Mumbai, India
Stages: Growth
Sectors: Hardware & IoT, Financial Services, Healthcare & MedTech, Artificial Intelligence


Unicorn India Ventures
Mumbai, India
Stages: Seed, Series A
Sectors: Healthcare & MedTech, Biotech & Life Sciences, Financial Services, Developer Tools

VIMSON – SHIVANAND SALGAOCAR GROUP
Vasco da Gama, India
Stages: Pre-Seed, Seed, Series A, Series B
Sectors: Financial Services, Healthcare & MedTech, Investment, PropTech
AJAY PIRAMAL SINGLE FAMILY OFFICE
Mumbai, India
Stages: Others
Sectors: Financial Services, Hardware & IoT, Consumer Apps, Biotech & Life Sciences
BANGALORE-BASED BHAGNANI FAMILY OFFICE
Bangalore, India
Stages: Others
Sectors: CleanTech & Climate, Data & Analytics, Space & Aerospace, Hardware & IoT
CHOKHANI FAMILY OFFICE (KRISHNA CHOKHANI)
Mumbai, India
Stages: Others
Sectors: Artificial Intelligence, AgTech & FoodTech, Hardware & IoT
Desai Ventures
Ahmedabad, India
Stages: Pre-Seed, Seed, Series A
Sectors: Consumer Apps, CleanTech & Climate, Hardware & IoT, Cybersecurity
Elevation Capital
India, India
Stages: Seed, Series A, Series B, Series C+
Sectors: Hardware & IoT, Artificial Intelligence, CleanTech & Climate, Financial Services
Hardware & IoT investors elsewhere
- Hardware & IoT in North America 1,024
- Hardware & IoT in the United States 999
- Hardware & IoT in Europe 402
- Hardware & IoT in Asia-Pacific 139
- Hardware & IoT in the United Kingdom 110
- Hardware & IoT in the Middle East & North Africa 66
- Hardware & IoT in Germany 65
- Hardware & IoT in France 46
- Hardware & IoT in Switzerland 41
- Hardware & IoT in the United Arab Emirates 30
- Hardware & IoT in Israel 26
- Hardware & IoT in Latin America 25
Other sectors in India
- Fintech in India 97
- AI in India 82
- Consumer Apps in India 82
- Healthcare & MedTech in India 81
- Enterprise Software in India 62
- CleanTech & Climate in India 48
- PropTech in India 46
- AgTech & FoodTech in India 41
- E-commerce & Marketplace in India 41
- EdTech in India 40
- Data & Analytics in India 37
- Developer Tools in India 36
Counted by where each fund is headquartered, from public sources, as of 2026-10-24. Funds that invest across sectors are included, as in Investor Discovery.
