Early-stage fund research profile
Founded in 2013, Ankur Capital is an India-focused early-stage investor in deep science and digital infrastructure. It backs pre-Series A companies across agriculture, climate, health, biotech and frontier technology, with named investments including Captain Fresh, String Bio, Vegrow, Agrizy and OffGrid Energy Labs. This directory record bundles the manager's related fund series into one family view while retaining vehicle-level terms, portfolios, dates and sources below.
At a glance
Research profile
Open a section to inspect the evidence. The first view starts with the investment point of view; the rest stays quiet until you need it.
Investment lens
Ankur Capital uses a early-stage; pre-series a; pre-seed to series a; multiple fund vintages bundled approach across Deep science, digital transformation, decarbonisation, agritech.
Current evidence
Ankur’s current 2026 website and January 2026 agritech report continue to publish the Fund I portfolio archive and manager/team evidence.
Bundled fund series
Related manager and vehicle records are shown here as one fund family. The original source trails and vehicle-level caveats remain preserved in the research record.
Ankur Capital
Vintage / record year: 2013
Ankur Capital Fund I
Vintage / record year: 2013
Ankur Capital Fund II
Vintage / record year: 2018
Ankur Capital Fund III
Vintage / record year: 2024
Strategy
Early-stage; pre-Series A; Pre-seed to Series A; multiple fund vintages bundled
Sector focus
Deep science, digital transformation, decarbonisation, agritech
AIF structure context
Indian venture capital and angel-fund strategies are commonly structured as Category I AIFs. Verify the specific vehicle and registration before investing.
Current signal
Ankur’s current 2026 website and January 2026 agritech report continue to publish the Fund I portfolio archive and manager/team evidence.
Investor questions
Ankur Capital is covered in Rupeia's venture capital research universe. The current public record describes the strategy as Early-stage; pre-Series A; Pre-seed to Series A; multiple fund vintages bundled, with a sector focus of Deep science, digital transformation, decarbonisation, agritech. The profile should be read with the linked source trail and Typical route: Category I AIF context.
The profile displays only company or asset names attributable to Ankur Capital in the reviewed public sources: Captain Fresh, String Bio, Vegrow, Agrizy, Turiyam AI, Vimano, Niramai, Cropin, OffGrid Energy Labs, BigHaat, Saswat Finance, CraftifAI, Pranos Fusion, StringBio, Tessol, ERC Eyecare, Carmel Organics, Skillveri, Offgrid Energy Labs, D-NOME, MyoWorks, IBISA, SportVot, Superfone, Rupifi, Turiyam, OneKiraana. It does not represent a complete current portfolio unless the manager has published one.
Inc42 quoted Rema Subramanian on 30–50% typical IRR for agritech startups and described opportunities where buyers offered nearly 30x valuation; this is manager commentary on deals and sector outcomes, not audited fund performance. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: Fund III target: ₹1,200 Cr (~$150M); earlier reporting described Fund I at ~$8M and Fund II at ~$52M. Reports also cite $200M+ AUM across previous funds. Series-level sizing is retained below; aggregate family AUM is not inferred.. Public terms or access information: Reported entry cheque: $1–2M at Pre-Series A, with continued support up to $10M; the GP has described support beyond capital in market access, operations, diligence and expansion.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Rema Subramanian, Dr. Ritu Verma, Krishnan Neelakantan, Shiva Shanker. Verify current roles, departures, attribution and key-person provisions before relying on the team history for a new commitment.
Review stage concentration, follow-on reserves, company failure rates, dilution, exit timing and the gap between paper valuations and realised distributions. The current open diligence point is: Fund III target, final close, drawn capital and current deployment status Vehicle-level differences remain identified in the bundled series records..
2026-10-20: Ankur’s current 2026 website and January 2026 agritech report continue to publish the Fund I portfolio archive and manager/team evidence.
Next step
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