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Indian VC

Faad Capital: An Early-Stage Investor Backing Indian Startups

Faad Capital is an India-based early-stage investment firm backing startups across deep tech, fintech, healthcare, consumer technology, and other sectors. It invests mainly at the pre-seed and seed stages and also participates in Series A rounds. Its $40 million fund supports early-stage companies, with GalaxEye, Big Bang Boom Solutions, and SpaceFields among its portfolio companies.

Overview

Faad Capital is an India-based early-stage investment firm that backs startups across multiple sectors. The organisation developed from FAAD Network, which was established as an angel investment network before expanding its investment activities. Its portfolio covers technology, consumer, healthcare, fintech, deep tech, and other startup categories. (faad.in)

The firm's portfolio includes GalaxEye, Big Bang Boom Solutions, SpaceFields, and other companies. Its investments span businesses working in space technology, defence technology, fintech, healthcare, and consumer markets.

Investment Focus and Stage

Faad Capital invests in early-stage startups across sectors. Its investment areas include deep tech, fintech, healthcare, consumer technology, and other technology-driven businesses. The firm's activity is not restricted to a single sector.

The firm participates primarily in pre-seed and seed-stage investments. Its investment activity also includes Series A rounds. The firm's current materials do not establish debt as a standard investment stage across its strategy.

Fund Size and Portfolio

Faad Capital launched its $40 million fund to invest in early-stage Indian startups. The fund is managed by Faad Capital and focuses on businesses across technology and other emerging sectors.

The firm's portfolio includes GalaxEye, Big Bang Boom Solutions, SpaceFields, and other startups. Its investments cover space technology, defence, fintech, healthcare, consumer businesses, and technology.

Leadership

Ankur Mittal is a co-founder of FAAD Network and is associated with the firm's investment activities. Saurabh Jain is also associated with FAAD's founding and investment operations.

The organisation's investment team includes professionals involved in sourcing, evaluating, and supporting investments across its portfolio.

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