Enrission India Capital

What Enrission India Capital does

Enrission India Capital (legal name: ENRISSION INDIA CAPITAL Co., Ltd.) is a privately held Japanese venture capital firm incorporated in Japan and founded/led by Yusuke Kakimoto. The firm targets the India-Japan innovation corridor, deploying capital into Indian early- to growth-stage startups and intermediating partnerships between those startups and Japanese corporations. Headquartered in Kyoto with operational presence in India, the firm is built around the thesis that Japanese corporates have shifted from market-entry questions to co-development opportunities in India. Underlying the firm is the EIC CONNECT platform, launched in 2023, which structures Go-to-Market partnerships, joint R&D, and co-development between Japanese corporations and Indian startups, formalized into a repeatable intermediation workflow rather than ad hoc introductions.

Between 2020 and 2023, Enrission India Capital facilitated 24 syndicated investments in Indian startups; deal activity has since broadened into 2025 and 2026 with disclosed rounds across AI debt financing (Recur Club, $50M extended Series A), logistics SaaS (Stackbox, $4M Series A follow-on), cross-border supply chain (Hexalog, $4M seed), IoT/PropTech (Spintly, $8M Series A), consumer brands (Kidbea, Beyond Snack, Nova Nova, GoDesi), beauty-tech (Protouch), and quick commerce (Pico Xpress). The business model combines equity investment returns with strategic partnership services that link portfolio companies to Japan-linked capital and global investor networks, including a structured fund vehicle (Enrission SU25 India Investment Business Limited Partnership). With a team of 1-10 and no public revenue disclosure, the firm operates as a boutique cross-border venture intermediary rather than a scaled asset manager.

Name

Enrission India Capital

Legal name

ENRISSION INDIA CAPITAL Co., Ltd.

Website

https://eic.capital-enrissionindia.jp

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Enrission India Capital is a Japanese venture capital firm intermediating the India-Japan innovation corridor, deploying equity into Indian early- to growth-stage startups and structuring Go-to-Market, R&D, and co-development partnerships with Japanese corporations via its EIC CONNECT platform.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Investment Banking and Securities Intermediation (523150), Investment Banking and Securities Intermediation (52315), Portfolio Management and Investment Advice (52394)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)

akta.pro secondary industries

Corporate Finance & Capital Advisory (BPAHADAB), Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC), Venture Capital Fundraising Placement (FSAEALAC)

Keywords

• Venture capital
• India-Japan partnerships
• Startup investment
• Syndicated investments
• Cross-border VC

Headquarters

HQ city

Kyoto

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Investment Returns / Equity Capital Gains: VC firm generates returns through equity stakes in Indian startups, with exits via IPOs, acquisitions, or secondary sales. The firm has facilitated 24 syndicated investments between 2020-2023.
2. Strategic Partnership Services: Provides non-dilutive capital programs and connects portfolio companies with Japan-linked capital and global investor networks through strategic partnerships

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Enrission India Capital is a Japan-based venture capital firm that invests in Indian startups and facilitates India-Japan cross-border business partnerships. The firm deploys capital through a limited partnership fund structure (Enrission SU25 India Investment Business Limited Partnership) and operates the EIC CONNECT platform, which connects Indian startups with Japanese corporate partners, investors, and market opportunities. The firm has facilitated 24 syndicated investments between 2020 and 2023.

Differentiator

Problem solved

Functional benefit

Brands

• EIC CONNECT: Platform for India-Japan Go-to-Market partnerships, joint R&D, and co-development initiatives launched by Enrission India Capital.

Products and services

• Venture Capital Investment Equity capital investment in Indian startups through the Enrission SU25 India Investment Business Limited Partnership fund structure, targeting growth-stage companies seeking cross-border partnership value.
• EIC CONNECT Platform Proprietary India-Japan Go-to-Market partnership platform that connects Indian startups with Japanese corporate partners, investors, and market opportunities.
• Syndicated Investment Facilitation Structuring and coordinating syndicated investment deals with co-investors for Indian startups, with 24 such deals facilitated between 2020 and 2023.

Quantifiable outcome

• Japan has invested over US$45 billion in India since 2000
• +1 more outcomes

Named customers8 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Recur Club PartnershipcoreGTM or Marketing Partner · 25 August 2025Recur Club partnered with Enrission India Capital to launch an AI-powered capital access program for socially impactful startups. The collaboration connects Indian startups with Japan-linked capital and global investor networks, extending equity fundraising support to Enrission's portfolio companies.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Beenext: Early-stage VC founded by Japanese entrepreneur Teruhide Sato, with heavy India and Southeast Asia portfolio. Operates a similar cross-border syndication model targeting the same India-Japan/SEA opportunity.
• Vertex Ventures: Asia-headquartered VC with a Southeast Asia/India focus and LP base spanning Temasek-linked capital. Comparable in cross-border origination and syndication approach to EIC.
• Global Brain: Japan-based VC with significant India exposure and corporate LP relationships. More scaled than EIC but operates in the same India-Japan corridor with similar cross-border GTM theses.
• Anicut Capital: India-based VC that has co-invested alongside EIC (e.g., Protouch). Comparable early-to-growth stage India fund with similar deal sizes and syndication patterns.
• 12 Flags Group: India-focused consumer/early-stage VC that has led rounds co-invested with EIC (e.g., Beyond Snack). Operates in the same Indian startup ecosystem with similar cheque sizes.
• Spiral Ventures: Japan-based early-stage VC with explicit focus on India and Southeast Asia, investing in startups and providing cross-border GTM support. Closest direct comp to EIC's India-Japan corridor thesis.
• BEENOS: Japan-listed investment vehicle operating cross-border VC and e-commerce incubation, with active India investment activity. Comparable in size and Japan-domiciled structure to EIC.
• Incubate Fund: Independent Japanese early-stage VC with India presence and a partnership-driven, founder-friendly model. Comparable to EIC in stage and syndication approach.

Broad incumbents

• JAFCO Group: One of Japan's largest VC and PE firms with diversified funds across stages and geographies including India. Far larger than EIC but a key incumbent competing for the same Japanese capital allocation into India.
• SoftBank Investment Advisers (Vision Fund): Operator of the Vision Fund, the largest single LP/capital pool driving Japan-linked capital into Indian startups. A macro peer given shared Japanese capital pool and India focus, though at vastly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments20 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Enrission India Capital