Multi-stage (fintech-only) fund research profile
Ribbit Capital is a global fintech specialist whose India record is built around early positions in consumer finance and digital investing. The public evidence includes Groww, Razorpay, CRED and ZestMoney, placing India inside a broader global fintech mandate rather than a standalone country fund.
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
Ribbit Capital (India) uses a multi-stage (fintech-only) approach across Consumer fintech, crypto-adjacent.
Current evidence
Groww’s June 2025 company announcement confirmed Ribbit Capital’s participation in its Series C, and Groww’s 2025 red herring prospectus records Ribbit Capital V LP in the shareholder trail. Ribbit’s current team and portfolio pages continue to show an active global fintech mandate; India allocation remains undisclosed.
Strategy
Multi-stage (fintech-only)
Sector focus
Consumer fintech, crypto-adjacent
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
Groww’s June 2025 company announcement confirmed Ribbit Capital’s participation in its Series C, and Groww’s 2025 red herring prospectus records Ribbit Capital V LP in the shareholder trail. Ribbit’s current team and portfolio pages continue to show an active global fintech mandate; India allocation remains undisclosed.
Investor questions
Ribbit Capital (India) is covered in Rupeia's venture capital research universe. The current public record describes the strategy as Multi-stage (fintech-only), with a sector focus of Consumer fintech, crypto-adjacent. 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 Ribbit Capital (India) in the reviewed public sources: Razorpay, Groww, CRED, ZestMoney. It does not represent a complete current portfolio unless the manager has published one.
Groww’s own announcement confirms Ribbit’s participation in its Series B; public reporting identifies early Groww and Razorpay exposure. ZestMoney later entered a difficult full-cycle outcome, which is useful context for understanding both upside and risk; no India fund-level return is disclosed. 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 VIII was reported at $1.15B in 2022; India-specific allocation is not disclosed.. Public terms or access information: Multi-stage fintech investing across consumer finance, payments, digital banking and adjacent financial infrastructure. India cheque sizes are not public.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Micky Malka. 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: Current India deployment pace and India-specific allocation within global vehicles are not publicly disclosed..
2025-06-06: Groww’s June 2025 company announcement confirmed Ribbit Capital’s participation in its Series C, and Groww’s 2025 red herring prospectus records Ribbit Capital V LP in the shareholder trail. Ribbit’s current team and portfolio pages continue to show an active global fintech mandate; India allocation remains undisclosed.
Next step
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