Funded by Zerodha allocating 10% of its earnings to startup investment (a further 10% goes to the separate Rainmatter Foundation for climate/environmental grants). Portfolio concentration: climate tech (44 companies), health & fitness (41), fintech (37), plus media and deep tech. No fixed investment stage — backs businesses "holistically" rather than only at a specific round.
Rainmatter is a perpetual investment fund launched by Zerodha (India's largest stock brokerage) in 2016, backing Indian founders across fintech, climate, health, and media. Unlike a traditional VC fund, Rainmatter is not stage-based, takes no board seats, and has no active exit mandate — it reinvests a portion of Zerodha's own earnings as patient, long-term capital rather than raising from external LPs against a fund-life clock.
Why Rainmatter?
Funded entirely from Zerodha's own profits rather than external LP capital — genuinely patient money with no fund-life exit pressure, a rare structure in Indian venture. Explicitly takes no board seats, unusual for a fund investing at this scale. Backed by one of India's most trusted consumer fintech brands, giving portfolio companies real credibility with Indian retail customers.
How to pitch
Apply via rainmatter.com with a clear overview of business model, market opportunity, and fit with Rainmatter's focus areas.
