DeVC
DeVC is a Bengaluru-based SEBI-registered pre-seed and seed venture capital firm deploying $50K-$500K checks into 100+ AI, fintech, consumer, gaming, and deeptech startups across India and the US, supported by a collective of 50+ operators.
- Company typePrivate
- Founded2022
- HeadquartersBangalore, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
What DeVC does
DeVC is a Bengaluru-headquartered, India- and US-operating pre-seed and seed venture capital firm founded in 2022, structured as a Category II Alternative Investment Fund registered with SEBI under the vehicle 'Matrix Partners India DeVC I AIF' and managed by DeVC India I Manager LLP. The firm deploys initial checks of $50K-$500K into early-stage startups across eight verticals — AI, Consumer, DevTools & Infra, Fintech, Hardware & Deeptech, Gaming, Web3, and Industrial & Manufacturing — and has completed 100+ investments with over $500 million cumulatively deployed. Its core differentiation is the "collective" model: a network of 50+ founders, operators, and industry experts that provides hands-on company-building support (intros, product-ops feedback, board-level guidance) beyond capital, with co-investor relationships spanning 90+ funds including Peak XV, Accel, Blume Ventures, Y Combinator, and a16z.
The firm operates from four offices — Bengaluru, Mumbai, and Gurgaon in India, plus a San Francisco office at WeWork Mission St — supporting a dual-jurisdiction investment thesis across Indian and US-domiciled startups. The investment team comprises six partners with operator backgrounds: Aakash Kumar (ex-SVP Growth at Hotstar, scaling subscriptions to 40M+ users and $200M ad-tech revenue), Rahul Mathur and Krish Bajaj (founders of Verak Insurance, a YC W21 company acquired by InsuranceDekho), Rajat Agarwal (ex-McKinsey), Trinika Kaushik (ex-JP Morgan consumer coverage), and Yashasvi Madhogaria (ex-Kepler Cannon). The website displays Z47 co-branding, indicating an identity alignment with the Matrix Partners India / Z47 ecosystem.
DeVC's revenue model follows standard VC economics: management fees on committed capital (typically 1.5-2% annualized) plus carried interest on exits, rather than product or service sales. No specific AUM, management fee rates, or carry realization figures are publicly disclosed. The firm does not lead rounds in disclosed data, functioning consistently as a co-investor alongside tier-1 institutional funds. Recent investment cadence (2025-2026) shows thematic concentration in AI infrastructure, AI devtools, AI healthcare automation, voice AI, and physical AI/robotics, alongside continued exposure to consumer brands, fintech, gaming, and contract manufacturing.
DeVC firmographics
Firmographics- Name
- DeVC
- Legal name
- DeVC India I Manager LLP
- Website
- https://devc.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- DeVC is a Bengaluru-based SEBI-registered pre-seed and seed venture capital firm deploying $50K-$500K checks into 100+ AI, fintech, consumer, gaming, and deeptech startups across India and the US, supported by a collective of 50+ operators.
- Ownership category
- akta.pro rank
DeVC industry classification
Industry- Product category
- Venture Capital
- NAICS
- Other Investment Pools and Funds (5259)
- SIC
- Investors, Nec (6799)
- akta.pro primary industry
- Joint Venture CVC / Consortium Funds (Multi-corporate) (FSANAHAE)
Keywords
Where DeVC is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
DeVC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Distribution channels1 record
Marketing channels4 records
DeVC product offering
Product offeringCore offering
DeVC is a decentralized venture capital firm that provides early-stage equity investments ranging from $50K to $500K to startups and founders. The firm pairs capital with hands-on support, strategic guidance, and network access through a collective of 50+ experienced founders, operators, and industry experts across sectors including AI, Consumer, DevTools & Infra, Fintech, Hardware & Deeptech, Gaming, Web3, and Industrial & Manufacturing.
Product overview
DeVC is a decentralized venture capital firm that provides early-stage investment capital ranging from $50K to $500K, combined with access to a collective of experienced founders, operators, and industry experts. The firm focuses on investments across AI, Consumer, DevTools & Infra, Fintech, Hardware & Deeptech, Gaming, Web3, and Industrial & Manufacturing sectors. The core offering is strategic early-stage capital paired with hands-on support, intros, product-ops feedback, and strategic guidance through the DeVC collective model rather than a unified product platform.
Differentiator
Problem solved
Functional benefit
Products and services
- DeVC Early-Stage Investment Services
Quantifiable outcome
- 100+ investments made across portfolio companies
- +2 more outcomes
Companies that use DeVC
Customer profileSegments1 record
Ideal customer profiles1 record
DeVC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
DeVC partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights5 records
DeVC competitors and assessment
Company assessmentDirect peers
- Titan Capital: Indian early-stage VC led by Kunal Bahl; co-investor with DeVC in Gimi Michi and Atica, targeting similar founder segments.
- Better Capital: India-focused pre-seed and seed fund with similar collective-of-operators model and comparable check size range.
- Kae Capital: Early-stage Indian VC focused on similar sectors; co-investor with DeVC in Eight Networks and PowerUp Money.
- Blume Ventures: India-focused early-stage VC with similar sector breadth; co-investor in Bidso, Confido Health, and PowerUp Money.
- Indian Angel Network: India's largest angel network with similar early-stage, network-driven investment model; co-investor with DeVC in Ananant Systems.
- Y Combinator: Global pre-seed/seed accelerator; co-investor in DeVC portfolio companies (CodeAnt AI, Alter AI) and operates in the same early-stage funding tier.
- All In Capital: Indian pre-seed/seed fund with similar check sizes and co-investment relationship with DeVC in Companion Labs and Potpie AI.
- Antler India: Early-stage VC and startup generator operating in India with similar pre-seed check sizes and founder-support model; explicitly listed as DeVC co-investor partner.
- 3one4 Capital: Indian early-stage VC with similar sector focus and co-investor relationship in Felicity and Nyayanidhi rounds.
- Peak XV Partners (Surge): India-focused seed-stage program; frequent co-investor with DeVC in Ambak, Companion Labs, and PowerUp Money, targeting similar founder segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
DeVC social profiles
Digital presenceDeVC compliance and trust
Trust signalCompliance1 record
DeVC financial estimates
Financial estimateRevenue estimate
Valuation estimate
DeVC leadership team
Management profileNumber of profiles
Profiles6 records
DeVC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DeVC M&A and investment
M&A and investmentM&A
Investments99 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DeVC
What does DeVC do?
DeVC is a decentralized venture capital firm that provides early-stage equity investments ranging from $50K to $500K to startups and founders. The firm pairs capital with hands-on support, strategic guidance, and network access through a collective of 50+ experienced founders, operators, and industry experts across sectors including AI, Consumer, DevTools & Infra, Fintech, Hardware & Deeptech, Gaming, Web3, and Industrial & Manufacturing.
Is DeVC a public or private company?
DeVC is a private company. It is classified as private equity controlled and is currently operating.
When was DeVC founded?
DeVC was founded in 2022. It employs 11 to 50 people.
Where is DeVC based?
DeVC is headquartered in Bangalore, India, in the Asia region.
Who are DeVC's main competitors?
Direct peers on record are Titan Capital, Better Capital, Kae Capital, Blume Ventures, Indian Angel Network, Y Combinator, All In Capital, Antler India, 3one4 Capital and Peak XV Partners (Surge).
Does DeVC have an API?
No public API is recorded for DeVC.
What industry is DeVC in?
DeVC's product category is Venture Capital. Its primary akta.pro industry code is FSANAHAE, Joint Venture CVC / Consortium Funds (Multi-corporate). Its NAICS code is 5259 and its SIC code is 6799.