Fundamentum launches ₹2,200 crore third fund for Series B consumer-tech and retail startups

Nandan Nilekani-backed Fundamentum has raised a ₹2,200 crore third fund (with ₹400 crore greenshoe), deploying ₹100-150 crore per company into Series B consumer-tech, fintech and AI ventures. Its retail-heavy portfolio includes ApnaMart, ProcMart, BigBasket and Spinny, signaling continued growth-stage capital for India's digital commerce.

— Filed Thu, 9 Jul, 2026, 18:28 IST · Source Business Standard · Companies · Updated

Nandan Nilekani-backed Fundamentum launches ₹2,200 crore third fund targeting Series B consumer-tech, fintech and AI startups. Portfolio includes retail-relevant names like ApnaMart, ProcMart, BigBasket and Spinny, signaling continued growth-stage capital for India's digital commerce ecosystem.

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