Early-stage capital with operator DNA.

We invest early, writing $250K–$750K cheques from Pre-Seed to Pre-Series A across fintech, deep tech, and AI. Built by operators, we bring execution insight and a strong network to back IP-driven, founder-led companies with a clear edge. We work alongside founders to build enduring, category-defining businesses shaping the next decade in India.

Fund Investments

GP Portfolio Companies

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GP Exits

Years Experience

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Ecosystem Memberships

Investment Thesis

How we invest.

We have a specific, disciplined approach to early-stage investing. This page tells you exactly what we look for, so you can decide if GrowthCap is the right partner for your journey.

Fintech

Payments infrastructure, lending platforms, credit underwriting, banking-as-a-service, insurance technology, and financial data infrastructure.

Deep Tech

Climate technology, EV ecosystem (battery analytics, charging, resale), AI/ML applications, and hardware-software integration plays.

AI

AI for underserved industries, horizontal enterprise tools, supply chain intelligence, and compliance/regulatory technology.

$250K - $750K

CHEQUE SIZE

< $ 15 Mil

ENTRY VALUATION

Pre-Seed to Seed

Pre-Seed to Pre SeriesA

India

GEOGRAPHY

Why GrowthCap

Capital that comes with operating experience.

Operator Capital

Pratekk has built and scaled businesses before investing. When we advise on GTM, pricing, or banking partnerships, it comes from direct operating experience at BharatPe, Bajaj Finserv, IndoStar Capital and Fullerton India

"Pratekk's ability to think like a founder while bringing the discipline of a venture capitalist stood out for me."

Vaibhav Tambe, CEO at TransBnk

Hands-On Involvement

We are not a logo on a cap table. We sit in hiring loops, open distribution channels, and co-build fundraising strategies. Our founders see us in the trenches, not just in board rooms.

"Pratekk rolled up his sleeves, introducing us to key customers, refining our GTM playbook, and helping us position for top-tier investors."

Rohit Rathi, Co-Founder at KarmaLife

Ecosystem Access

Our network spans 30+ portfolio companies, NBFC partnerships, and deep relationships across the fintech, deep tech, operators and VC ecosystem. We are members of IDTA, IVCA, and TiE Mumbai.

"GrowthCap's support goes well beyond capital. Pratekk brings a deep understanding of fintech and a network that has consistently opened doors."

Pawan Kumar, CEO at Spense

Portfolio

Companies we are building with.

We partner with founders solving hard problems across fintech infrastructure, deep tech, and AI.

Ridesharing mobility platform building the financial layer for India’s transportation ecosystem.

Why We Invested

India’s mobility ecosystem is rapidly evolving, yet remains underserved across the value chain. Advance Mobility is driving the future of fleet management by solving critical challenges across the mobility ecosystem.

Integrates blockchain and AI to provide transaction records, real-time insights, and predictive analytics for supply chain transparency and sustainability.

Why We Invested

Regulatory tailwinds around ESG reporting and supply chain compliance are driving demand for transparent, verifiable data infrastructure. RePut’s blockchain-AI approach, combined with end-to-end tracking and tracing solutions, creates a defensible data moat.

Building next-generation banking and credit card infrastructure. Spense is creating the platform layer that enables new-age banks and fintechs to launch card programmes without building infrastructure from scratch.

Why We Invested

India’s card infrastructure is moving from monolithic bank-owned stacks to modular, API-first platforms. Spense sits at this inflection point, enabling a card-as-platform model that we believe will power the next wave of fintech products.

India’s first AI-powered used EV platform, delivering fair pricing via its proprietary TruEV Score for battery health transparency and resale trust.

Why We Invested

The EV transition will unlock a massive used-vehicle market with a fundamental trust gap around battery health. As India’s first AI-powered used EV platform, TrusTerra delivers fair pricing through its proprietary TruEV Score™, positioning itself as the resale backbone of India’s EV ecosystem.

Real-estate credit underwriting and intelligence platform for secured lending products, bringing data-driven decision-making to India’s largest asset class.

Why We Invested

India’s $300B+ secured lending market relies on outdated manual underwriting. Navanc’s intelligence layer sits between lenders and real estate data, creating a category-defining infrastructure play.

Next-gen payment technology enabling banks and fintechs with secure, scalable card and UPI infrastructure.

Why We Invested

As India’s payments volume scales exponentially, the underlying rails need modernization. Mylapay is the picks-and-shovels play enabling this transition for banks and fintech platforms.

GP Track Record – Fund 0

Proven investment judgment.

Notable companies from Pratekk Agarwaal’s personal/syndicate investment journey prior to GrowthCap Ventures

Founder Voices

What our founders say.

“Pratekk has been more than an investor for TransBnk. Long before any institutional capital came in, he backed us with conviction, rolled up his sleeves, and challenged us with sharp feedback. From refining our GTM strategy to opening doors across the banking ecosystem, Pratekk was there at every critical juncture, often bumping into me at bank lobbies, coffee shops, and late-night strategy sessions, always pushing us to keep selling and keep moving.

Vaibhav Tambe

Co-Founder & CEO, TransBnk (Angel to Series B)

“GrowthCap's philosophy of 'operator-led capital' isn't a tagline. Pratekk didn't just write a cheque; he rolled up his sleeves, introducing us to key customers, refining our GTM playbook, and helping us position the business for top-tier investors.

“Our partnership with Pratekk and GrowthCap has been far more than an investment. What truly sets GrowthCap apart is that their support goes well beyond capital. Pratekk brings sharp strategic insight, a deep understanding of fintech, and a network that has consistently opened doors for us.

"Pratekk has been much more than just a capital provider, he’s been an active partner who challenges us to sharpen our thinking and helps open the right doors. His strategic insights and the time he dedicates beyond funding have pushed us forward faster. Our relationship with Pratekk Agarwaal and GrowthCap Ventures has been key to shaping how RePut.ai builds sustainable, circular, and transparent supply chain products across different industries. What stands out most is the strong partnership based on trust and commitment that has truly made a difference in how we grow and scale.

“Our partnership with Pratekk and GrowthCap has been an important part of Fundly’s journey from the very beginning. Pratekk has consistently believed in our vision and stood by us with conviction. His openness to engage in thoughtful conversations has given us perspective as we’ve scaled. What we appreciate most is the trust and patience he has shown as we’ve navigated the complexities of building in fintech. Having a partner who has been with us from day one has provided continuity and confidence, and we look forward to strengthening this relationship in the years ahead.

GrowthCap Collective

Building strong relationships through meaningful events and gatherings with our portfolio companies

Our Team

The people behind the fund.

A small, focused team combining operational expertise and entrepreneurial empathy. We bring direct experience in building and scaling businesses to every partnership.

Pratekk Agarwaal

FOUNDER & GENERAL PARTNER

Former CBO at BharatPe. 15+ years scaling businesses at Bajaj Finserv, Fullerton, IndoStar, and ftcash. IIM Kozhikode alumnus. 30+ angel investments with multiple exits.

Anish Saraf

INVESTMENTS

Master’s from SDA Bocconi. Former Investments Associate at Venture Catalysts. Named among “Fintech’s 50 Most Promising VC Analysts to Watch” by Indian Startup Times.

Neeti Bokaria

INVESTMENTS

MSc in Management from University College London. Former Investments and IB at Earlyseed Ventures. Leads LP relations and investor communications.

Ojas Deshpande

FOUNDER'S OFFICE

IT graduate from Pune Institute of Computer Technology. Supports fund operations, deal sourcing, and workflow execution. Combines analytics with strong execution capability.

Our Ecosystem

Associations & Memberships

As active participants in India’s leading venture capital and entrepreneurship communities, we collaborate with industry pioneers to accelerate innovation and ecosystem growth.

India Deep Tech Alliance

Mobilizing capital and expertise to build India-domiciled global deep-tech companies.

IVCA

Indian Venture Capital Association—championing the venture capital and private equity ecosystem across India.

TiE Mumbai

The Indus Entrepreneurs-nurturing entrepreneurship through world-class mentorship, networking, and community support.

Media

Watch our latest interviews, discussions, and insights about the startup ecosystem

GrowthCap Ventures Interview

Startup Investment Insights

Early Stage Funding

VC Industry Discussion

Tech Investment Trends

Founder's Journey

In the Press

Stay updated with the latest news and coverage about GrowthCap’s investments, portfolio companies, and industry insights from leading media outlets.

Frequently Asked Questions

Get answers to common questions about our investment process and criteria

What are GrowthCap Ventures Investment Criteria?

At GrowthCap Ventures, we’re all about teaming up with enthusiastic and capable founders who lead with a tech-first mindset. We love to back startups that have already connected with their early customers, showing that their ideas are hitting the mark, and that have the potential to grow big and fast. Our goal is to join forces with passionate innovators who are ready to make waves in their industries.

What Sectors does GrowthCap Ventures invest in?

With our Fund I, we are looking to invest in startups operating in the Fintech, AI and Deeptech sectors.

What is GrowthCap Ventures Average Ticket Size?

Our approach to funding ensures that we can tailor our investments to match the specific needs and opportunities of each startup. We typically look to invest between $250k-$750k in each startup.

Join Our Team

Strong problem-solving skills with the ability to work independently and handle pressure.
Proficiency in MS Office, PowerPoint, and Google Workspace; strong understanding of business & market dynamics.
Ability to maintain confidentiality, work with cross-functional teams, and drive tasks to closure.
A resilient, ownership-driven mindset with the ability to stay committed without giving up; thrives in demanding and dynamic environments.
Strong adaptability to a startup mindset with fast-paced and evolving needs.
Flexibility to support critical business activities beyond standard working hours, ensuring seamless continuity during high-priority situations.

Vice President

Department: Investment Team

Type: Full-time

Experience: 8-12 years

Lead investment strategies and portfolio management for our fintech and AI investments. Drive deal sourcing, due diligence, and portfolio company support.

Key Responsibilities

Lead investment committee presentations and decision-making processes
Manage and mentor junior investment team members
Drive strategic initiatives across portfolio companies
Build and maintain relationships with key stakeholders in the ecosystem
Oversee due diligence processes for potential investments

Requirements

MBA from top-tier institution (IIM/ISB preferred)
8-12 years of experience in venture capital, private equity, or investment banking
Strong analytical and financial modeling skills
Proven track record in fintech or AI sectors
Excellent communication and leadership abilities

Investment Analyst/Associate

Department: Investment Team

Type: Full-time

Experience: 2-5 years

Support investment activities including deal sourcing, financial analysis, due diligence, and portfolio monitoring for early-stage fintech and AI companies.

Key Responsibilities

Conduct market research and competitive analysis
Perform financial modeling and valuation analysis
Support due diligence processes and documentation
Monitor portfolio company performance and prepare investment memos
Assist in deal execution and legal documentation review

Requirements

Bachelor’s degree in Finance, Economics, or related field
2-5 years of experience in investment banking, consulting, or venture capital
Strong analytical and quantitative skills
Proficiency in financial modeling and Excel
Interest in fintech and technology sectors

Join Our Portfolio

TrusTerra-AVP Engineering

Reports to: Founder

Compensation: Competitive Salary + ESOPs (Leadership Role)
Experience: 8–14 years (Deep Tech + Product Engineering)
About Trusterra
TrusTerra is an AI-backed platform designed to transform the used electric vehicle (EV) resale market by tackling its most significant challenges: a lack of trust, standardization, and reliable resale value. The company’s mission is to create a transparent and trustworthy marketplace that benefits both buyers and
sellers of pre-owned EVs.
TrusTerra’s tech stack spans mobile apps for end users and partners, predictive AI/ML engines for EV health & pricing, and a backend designed to power instant liquidity for EV assets.
We are looking for an AVP of Engineering to architect, lead, and scale this platform. A hands-on, entrepreneurial technology leader who can combine product vision with engineering execution.

Role Overview
You will be the architect and custodian of TrusTerra’s technology, building and scaling:
• Mobile apps for instant resale, valuation, and financing
• Backend systems running predictive Battery RUL (Remaining Useful Life) models
• Data science infrastructure for EV health, range, and valuation models
• LLM-powered automation tools for data manipulation, and logic-driven decision workflows
The role reports directly to the Founders and will be responsible for end-to-end tech ownership, from design and architecture to model deployment and user experience.

Key Responsibilities

1. Product & Platform Architecture
• Design and oversee architecture of TrusTerra’s core platforms:
o Android and iOS apps for users and dealers
o Dealer and partner dashboards
o Data & analytics backend integrating IoT, telematics, and financial data
• Architect scalable APIs and microservices to enable seamless partner integrations (OEMs, financiers,
dealers).
• Ensure modular design to support expansion across new geographies and product lines.
2. AI, ML & Data Infrastructure
Collaborate with the Data Science team to design and productionize:
o Battery RUL and SoH (State of Health) models
o Vehicle valuation algorithms and risk scoring systems (TruEV Score™)
• Lead backend engineers to operationalize real-time predictions and data ingestion pipelines.
• Work on automation using LLMs (Large Language Models) for:
o Data cleaning and preprocessing
o Logic and rule automation
o Dynamic query interpretation and dataset manipulation
• Establish MLOps practices — model retraining, drift monitoring, and performance validation.
3. Application Development & Delivery
• Lead development of mobile apps (Android/iOS) — app architecture, UX flow, backend integration,
and deployment pipelines.
• Oversee frontend (React/Next.js) and backend (Python, Node.js, FastAPI, Django, etc.) teams.
• Define engineering sprints, delivery milestones, and release management.
• Ensure smooth data flow between apps, cloud, and analytics backend.
4. Leadership & Team Building
• Build and lead a strong engineering org; backend engineers, AI/ML specialists, DevOps, and product
developers.
• Mentor leads and developers; create ownership and accountability within the team.
• Establish best practices for code review, version control, security, and CI/CD.
• Create a collaborative culture that bridges product, design, data, and engineering seamlessly.
5. Strategic & Cross-Functional Collaboration
• Work directly with the Founders on product strategy, roadmap, and execution.
• Collaborate with the CEO’s office, operations, and product to design features and implement
feedback loops.
• Support fundraising discussions with technology insights, scalability, defensibility, and innovation
edge.
• Present architecture and AI capabilities to investors and partners.

Technical Skills & Background

Core Must-Haves
• 8–14 years of experience in software engineering, with 3–5 years in a leadership or architectural role.
• Proven experience building consumer applications (preferably Android/iOS and backend platforms).
• Expertise in backend frameworks — Python (FastAPI, Django) or Node.js, and cloud
(AWS/Azure/GCP).
• Strong understanding of data modeling, time-series analytics, and API architecture.
• Hands-on with machine learning or data science production pipelines.
• Experience with MLOps tools and LLM integration is a strong plus.
Preferred
Worked in mobility, EV-tech, fintech, or AI-led product startups.
• Built or led products involving IoT data ingestion, battery analytics, or valuation algorithms.
• Experience with LLMs, LangChain, vector databases, and automation frameworks.
• Comfort with DevOps / CI-CD and infrastructure-as-code (Docker, Kubernetes, Terraform).
• Excellent grasp of software scalability, security, and performance optimization.
Key Attributes
• Founder mindset – high ownership, execution-driven, and resourceful.
• Strong product thinking – builds tech that solves real user problems, not just elegant systems.
• Comfortable working with ambiguity and 0→1 environments.
• Collaborative communicator – able to translate tech for business and vice versa.
• A natural team builder who inspires trust, clarity, and momentum.
Why Join TrusTerra
• Build India’s first AI-powered EV resale & financing platform.
• Lead technology for a company shaping the EV circular economy.
• Work directly with founders, not layers.
• Design real-world tech that blends AI, fintech, and mobility.
• Opportunity to grow into CTO role as company scales.
If you’re excited by the idea of solving messy problems, turning strategy into action, and working shoulder-toshoulder with founders, we’d love to talk.

Mylapay- Executive Assistant – Business & Strategy, CEO Office

Type: Full-time

Experience: 2-5 years

Support investment activities including deal sourcing, financial analysis, due diligence, and portfolio monitoring for early-stage fintech and AI companies.

Key Responsibilities

Bachelor’s degree; MBA or equivalent from a reputed institution is a plus.
1–3 years of experience in Strategy, Business Analytics, Program Management, or Executive Assistant roles.
Strong analytical mindset with the ability to create reports, presentations, and business summaries.
Excellent communication and interpersonal skills; ability to represent the CEO Office professionally.
Highly organized, detail-oriented, and capable of managing multiple tasks simultaneously.

Mylapay-Product Internship + Full-Time Employment

Type: Full-time

Experience: 0-2 years

Are you passionate about building great products and ready to kickstart or grow your career in product management?
Join Mylapay as a Product Intern + Full-Time Employment Opportunity where learning meets real impact!

Who can apply:
Fresh graduates (0–2 years of experience) from any discipline who are eager to learn and grow in a fast-paced fintech environment.

What you’ll do:

Collaborate with business, operations, and engineering teams to gather and define product requirements.
Support product roadmap planning and feature prioritization based on user feedback and business goals.
Participate in the entire product lifecycle – from design to implementation and testing.
Maintain clear and detailed product documentation.

What we’re looking for:

Strong English communication and email writing skills.
Proficiency in MS Office (Word, PowerPoint, Excel) – mandatory.
Excellent problem-solving and analytical abilities.
Self-driven, curious, and excited to learn new things.

Why Mylapay?
You’ll gain hands-on experience in a collaborative environment, work on meaningful fintech products, and learn directly from experienced professionals.

Reput.ai-Lead Climate Specialist

Company: RePut.ai
Experience: 2–4 years
Reporting To: Head – ESG & Sustainability

Role Overview
The Lead Climate Specialist will play a critical role in executing sustainability, ESG, and carbon
management deliverables for RePut.ai’s clients and digital platform. This position requires strong technical expertise in climate and sustainability frameworks, along with the ability to translate regulatory and reporting requirements into actionable insights and scalable digital workflows. The
role operates at the intersection of sustainability expertise, data, and AI-based climate solutions

Key Responsibilities

Lead and support GHG inventories and carbon accounting (Scope 1, 2, and 3) in accordance with the GHG Protocol and relevant ISO standards
Support ESG reporting and regulatory compliance across frameworks including BRSR, GRI, TCFD, and IFRS
Conduct data validation, benchmarking, and audit-readiness assessments for sustainability datasets
Support CBAM-related calculations, reporting, and ongoing compliance requirements
Conduct Life Cycle Assessments (LCA) and Product Carbon Footprint (PCF) calculations, as required
Collaborate closely with product, data, and technology teams to embed sustainability logic into RePut.ai’s AI platform
Support client engagements, sustainability presentations, and advisory deliverables

Qualifications & Skills

Bachelor’s or Master’s degree in Sustainability, Environmental Science, Engineering, Energy,
or a related field
Strong working knowledge of ESG frameworks, GHG Protocol, ISO 14064/14067, and carbon accounting principles
Experience working with sustainability data, reporting tools, or consulting engagements
Strong analytical, documentation, and stakeholder management skills
Ability to manage multiple projects and priorities in a fast-paced environment

Reput.ai-Power BI Associate

Company: RePut.ai
Experience: 0–1 year (Freshers welcome)

Role Overview
The Power BI Associate will support data analytics and visualization initiatives across sustainability, product, and business teams. The role focuses on transforming complex datasets into intuitive dashboards and reports that enable decision-making and regulatory compliance.

Key Responsibilities

Develop, maintain, and enhance dashboards and reports using Power BI
Support data modeling, Power Query transformations, and basic DAX calculations
Work closely with internal teams to understand reporting requirements
Ensure accuracy, consistency, and quality of data across reports
Assist in automating recurring dashboards and reporting workflows
Support documentation of data logic and report structures

Qualifications & Skills

Hands-on experience with Power BI through internships, projects, or coursework
Strong proficiency in Microsoft Excel
Basic understanding of data modeling and analytics concepts
High attention to detail and problem-solving ability
Willingness to learn and grow in a data-driven environment

Reput.ai-IT System Administrator

Company: RePut.ai
Experience: 1–3 years

Role Overview
The IT System Administrator will be responsible for ensuring smooth IT operations across the
organization. This role requires hands-on troubleshooting expertise, proactive system management, and a service-oriented mindset to support a fast-paced technology platform.

Key Responsibilities

Troubleshoot and resolve hardware, software, and system-related issues
Manage laptop provisioning, system setups, and peripheral configurations
Resolve email, access, connectivity, and device-related issues
Maintain IT asset inventory and system documentation
Ensure timely system updates, patches, and basic security practices
Proactively identify IT improvements to enhance team productivity
Coordinate with vendors and service providers when required

Qualifications & Skills

Strong knowledge of Windows/macOS environments and IT hardware
Experience with basic networking, email systems, and system administration
Strong troubleshooting and diagnostic skills
Excellent communication and user-support orientation
Ability to work independently and respond quickly to issues

Don't See the Right Role?

We’re always looking for exceptional talent. Send us your resume and we’ll keep you in mind for future opportunities.

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Whether you are a founder with a bold vision or an investor looking to collaborate, we would love to hear from you.