Investor Type | Firm |
Type of Fund | Venture Capital Fund |
Industries | IT (& TMT) • Media • Businesses Solutions • Logistics (& Distribution) |
Stages | Seed, Startup, Early Stage |
Investing | United States • Canada • India • Belgium |
The CoFoundry is a venture capital fund based in Mumbai, India, operating under Ankur Capital and recognized for their specialized expertise in equity investments, particularly within the domains of IT & TMT, Media, Business Solutions, and Logistics & Distribution. Their primary focus lies in seed, startup, and early stage funding, investing strategically in dynamic ventures with the potential to disrupt conventional market paradigms. The fund exhibits a strong investment thesis centered around backing founders who are building groundbreaking solutions aimed at bettering the world. By targeting the 'Next Billion', The CoFoundry positions itself as an investor in digital, climate, and deep science tech companies that push technologies to their limits. Their portfolio includes companies like Vegrow, which is revolutionizing fruit supply chains, Rupifi offering credit solutions for small businesses, Cropin enhancing smart farming, and Niramai developing AI for early breast cancer detection, among others. The team at The CoFoundry, operating through Ankur Capital, leverages their operational experience and vast network of technical experts and professionals globally to support entrepreneurs. They also actively engage in ecosystem initiatives to collaborate with innovators, policymakers, and organizations to foster innovation in life sciences, clean energy, advanced materials, and machine learning. The CoFoundry believes in the power of transformation through breakthrough ideas and is committed to responsible investing, while ensuring compliance with their complaints mechanism and the prevention of sexual harassment policy.