Nandan Nilekani-backed Fundamentum plans Rs 1,800-2,500 crore Fund III to double down on growth-stage startups

Funding Rounds

▤ Summary

Fundamentum plans to raise a third fund with a target corpus of Rs 1,800-2,500 crore. The firm will keep focusing on Series B and early growth-stage startups that have already found product-market fit. It will continue backing consumer internet and fintech companies while staying separate from its newer AI and deeptech platform, F2A. The move follows improving funding conditions and stronger investor appetite for growth-stage technology companies in India.

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Amount $216.0M Total raised
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Date June 22, 2026 Announcement date
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Investors - Lead investors
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Company fundamentum.co.in Funded company

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