OTP Ventures
OTP Ventures is a SEBI-registered Category II AIF and early-stage venture capital firm that invests seed and pre-Series A capital in Indian consumer, consumer-tech, and fintech startups, deploying a INR 500 crore maiden fund closed in February 2026.
- Company typePrivate
- Founded2023
- Headquarters—
- Headcount1–10
- GTM typeB2B
- OfferingServices
What OTP Ventures does
OTP Ventures is a SEBI-registered Category II Alternative Investment Fund (registration IN/AIF2/23-24/1409) that operates as an early-stage venture capital firm focused exclusively on Indian startups at the seed and pre-Series A stages. The firm targets three core verticals: consumer brands (beauty, personal care, food, consumer durables), consumer-facing platforms (commerce, health, education, home), and fintech. Its single product is the maiden fund, OTP Ventures Fund Scheme 1, which completed its final close at INR 500 crore in February 2026 after a 17-month raise that began in August 2024; the fund was deliberately capped despite receiving commitments exceeding INR 750 crore to preserve fund-size discipline and return profile.
The firm is founder-led by three operators: Suhail Sameer (former BharatPe CEO who also built Too Yumm! to INR 500 crore in revenues), Kunal Suri (previously scaled simsim, acquired by Google, and led a food company sold to Ola), and Saurabh Vashishtha (background at Trilogy, McKinsey, Paytm Mall, and simsim). A Vice President, Tejas Panchal, supports the investment team. The firm has deployed into 30+ portfolio companies including Rupeek, Mamaearth, Traya, FableStreet, abcoffee, NatHabit, Nester, The Stack, Phab, Fifth Sense, Plush, Asaya, Zeelab, CirclePe, and Simsim, and maintains co-investment relationships with Fireside Ventures, Sadev Ventures, Titan Capital, Blume Founders Fund, Huddle Ventures, ISV Capital, and Chona Family Office.
Revenue is generated through a managed-services model: the firm earns management fees on the INR 500 crore AUM and participates in carried interest on successful portfolio exits. The LP base of approximately 55 investors is diversified across startup founders, general partners, technology professionals, family offices, and three institutional investors. The fund structure comprises OTP Ventures Fund (trust), OTP Ventures LLP (Investment Manager), Orbis Trusteeship Services Private Limited (Trustee), and Kili Ventures LLP (Sponsors).
OTP Ventures firmographics
Firmographics- Name
- OTP Ventures
- Legal name
- OTP Ventures Fund Scheme 1 (A scheme of OTP Ventures Fund)
- Website
- https://otp.vc
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- OTP Ventures is a SEBI-registered Category II AIF and early-stage venture capital firm that invests seed and pre-Series A capital in Indian consumer, consumer-tech, and fintech startups, deploying a INR 500 crore maiden fund closed in February 2026.
- Ownership category
- akta.pro rank
OTP Ventures industry classification
Industry- Product category
- Venture Capital
- NAICS
- Open-End Investment Funds (525910)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Corporate Fintech / Insurtech CVC (Financial-services-led CVC) (FSANAHAK)
Keywords
OTP Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Fund Management: VC firm generating returns through management fees and carried interest on fund investments. Returns realized upon successful exits of portfolio companies.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
OTP Ventures product offering
Product offeringCore offering
OTP Ventures is an early-stage venture capital firm that provides seed and pre-Series A funding to consumer, consumer-tech, and fintech startups in India. Through its maiden fund (OTP Ventures Fund Scheme 1, INR 500 crore), the firm deploys capital alongside operational mentorship, business insights, and access to industry networks to support founders building the next generation of revolutionary businesses in India.
Product overview
OTP Ventures operates as an early-stage venture capital firm (Category II AIF) with a single fund offering — OTP Ventures Fund Scheme 1 (INR 500 crore) — that provides capital deployment and operational support services to founders at seed and pre-Series A stages. The firm focuses on three core investment verticals: consumer Brands (beauty, personal care, food, consumer durables), Platforms (commerce, health, education, home), and Fintech. Beyond capital, the firm offers business insights, personalized mentorship, and access to deep industry networks. The firm also maintains a past GP investments track record from its founders' prior venture activities.
Differentiator
Problem solved
Functional benefit
Products and services
- OTP Ventures Fund Scheme 1 OTP Ventures' maiden venture capital fund focused on early-stage consumer, consumer-tech, and fintech startups at seed and pre-Series A stages. The fund completed its final close at INR 500 crore in February 2026 and is registered as a Category II Alternative Investment Fund with SEBI.
- Founder Funding Services Early-stage funding and business mentorship services for founders, providing capital along with strategic guidance, mentorship, and access to industry networks at seed and pre-Series A stages. The service targets founders building the next generation of consumer, consumer-tech, and fintech businesses in India.
- Investor Relations Platform LP-facing investor relations service for the OTP Ventures Fund Scheme 1, including grievance redressal mechanisms, SEBI compliance support, and ongoing communication with the fund's approximately 55 limited partners.
Quantifiable outcome
- First fund raised to INR 500 crore, exceeding INR 400 crore target
- +2 more outcomes
Companies that use OTP Ventures
Customer profileSegments1 record
Ideal customer profiles2 records
OTP Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
OTP Ventures partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights4 records
OTP Ventures competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks2 records
Key highlights6 records
Customer concentration
OTP Ventures social profiles
Digital presenceOTP Ventures compliance and trust
Trust signalCompliance1 record
OTP Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
OTP Ventures leadership team
Management profileNumber of profiles
Profiles4 records
OTP Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OTP Ventures M&A and investment
M&A and investmentM&A
Investments8 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OTP Ventures
What does OTP Ventures do?
OTP Ventures is an early-stage venture capital firm that provides seed and pre-Series A funding to consumer, consumer-tech, and fintech startups in India. Through its maiden fund (OTP Ventures Fund Scheme 1, INR 500 crore), the firm deploys capital alongside operational mentorship, business insights, and access to industry networks to support founders building the next generation of revolutionary businesses in India.
Is OTP Ventures a public or private company?
OTP Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was OTP Ventures founded?
OTP Ventures was founded in 2023. It employs 1 to 10 people.
How does OTP Ventures make money?
One revenue line is on record: fund Management.
Does OTP Ventures have an API?
No public API is recorded for OTP Ventures.
What industry is OTP Ventures in?
OTP Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAHAK, Corporate Fintech / Insurtech CVC (Financial-services-led CVC). Its NAICS code is 525910 and its SIC code is 6199.