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BLinC Invest: A Mumbai Firm Founded by Amit Ratanpal

BLinC Invest is a Mumbai-based venture capital firm founded by Amit Ratanpal and R K Rangan in 2014, backing education, fintech, and healthcare founders at the pre-series A stage. The firm typically invests $1 million to $3 million per startup and stays invested for four to six years. Its second fund closed at Rs 100 crore, backing confirmed portfolio companies including Bizloan, Finagg, Imarticus Learning, and Eduvanz.

Overview

BLinC Invest is a venture capital firm based in Mumbai. Amit Ratanpal co-founded the firm in 2014. R K Rangan serves as his partner in running the business. Ratanpal built his early career at ICICI Bank and Birla Sun Life. He entered angel investing in 2008 through the Mumbai Angel Network. The firm backs founders across education, fintech, and healthcare.

Investment Focus and Stage

BLinC Invest typically enters at the pre-series A stage. Startups at this point usually need between $1 million and $3 million. The firm stays invested for about four to six years per company. It looks for teams with a working product and early market traction. BLinC often exits when a portfolio company reaches its series C or D round.

Fund Size and Portfolio

BLinC closed its second fund, BLinC-II, at Rs 100 crore in 2022. That fund was oversubscribed by 100 percent of its target. It plans five to seven investments with checks of Rs 10 crore to Rs 12 crore. Bizloan, Finagg, Imarticus Learning, and Eduvanz all count among its confirmed investments. The firm has already exited two portfolio companies, Eduvanz and 1Crowd.

Leadership

Amit Ratanpal founded BLinC Invest and serves as founder and managing director. He spent years in finance roles before moving into startup investing. R K Rangan works alongside him as a partner in the firm. Both favor a hands-on approach, working closely with founders rather than only writing checks. Their team has grown to around 14 people today

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