Inuka Capital

Overview

Inuka Capital is an operator-led venture capital firm based in Mumbai, India, focusing on pre-seed and seed stage investments. The firm partners with founders to provide initial institutional funding, typically investing between $150,000 and $400,000 in their first fundraising rounds. Inuka Capital emphasizes building original conviction and has led financing rounds in many of its investments. The firm works closely with founders to help them de-risk their business and navigate the journey from 0 to 1 and beyond. Inuka Capital is backed by several leading institutions, family offices, and individuals. As of January 2025, the firm has backed 13 companies. The general partners, Gautam Shewakramani and Raj Sheth, have extensive experience as founders and early investors in several startups in India, including Exotel, Tonbo, Navya, Animall, Navgati, and Yulu. They started Inuka Capital because they felt that there weren’t enough full-time pre-seed investors in India who had been operators. The firm is sector-agnostic, focusing on themes that are expected to play out over the next few decades, and is excited about the digitization of Indian businesses, believing that companies enabling higher efficiency in India will create significant value for stakeholders over the next decade.

Investment Focus

• Pre-seed and seed stage companies in India
• First institutional round of fundraising
• Focus on sectors enabling higher efficiency in India

Portfolio Companies