Rainmatter
Profile, fund size and portfolio
Rainmatter is the corporate venture arm of Zerodha, a financial services company. It was founded in 2016 and is based in Bengaluru, India. It invests from seed to Series A. Sectors it names: fintech, climate and energy, healthcare and digital health, media and gaming.
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Companies | Share |
|---|---|---|
| Climate | 51 | 31.7% |
| Health and Fitness | 46 | 28.6% |
| Fintech | 39 | 24.2% |
| Other | 16 | 9.9% |
| Media | 9 | 5.6% |
A company can carry more than one tag
Sources: S2 Rainmatter portfolio.
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | INR 10bn | Evergreen allocation | Stated by the firm or its parent | S4 |
| Companies backed | 161 | companies | Stated by the firm | S2 |
| Companies on the firm's portfolio page | 161 | companies | Counted from the firm's own list | S2 |
Sources: S4 Zerodha Z-Connect: Rainmatter perennial investments (9 Aug 2023); S2 Rainmatter portfolio.
Where it invests and who leads it
LeadersS8S6
- Dinesh PaiHead of Rainmatter InvestmentsFind on LinkedInFirm page
- Nithin KamathCo-founder of Rainmatter, CEO of ZerodhaFind on LinkedInFirm page
- Kailash NadhCo-founder of Rainmatter, CTO of ZerodhaFind on LinkedInFirm page
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | Zerodha | Reported by Wikipedia: Zerodha | S9 |
| Parent industry | Banking and financial services | Reported by Wikipedia: Zerodha | S9 |
| Founded | 2016 | Single source | S3 |
| Headquarters | Bengaluru, India | Reported by Wikipedia: Zerodha | S9 |
| Status | Active | Single source | S1 |
| Capital source | Parent company only | Single source | S4 |
| Headline size | INR 10bn (Evergreen allocation) | Single source | S4 |
| Companies backed | 161 | Single source | S2 |
| Stages | Seed, Series A (inferred from announced rounds) | Estimate | S8 |
Portfolio
The firm's portfolio page lists 161 companies.S2
| Tag | Companies | Share |
|---|---|---|
| Fintech | 39 | 24.2% |
| Health and Fitness | 46 | 28.6% |
| Media | 9 | 5.6% |
| Climate | 51 | 31.7% |
| Other | 16 | 9.9% |
Every company on the Rainmatter list
161 companies, as listed on the firm's own website.S2 Read the firm's list.
- Actlogica
- Adsys
- Agilitas
- Agnikul
- AI Health Highway
- Akshayakalpa
- Allo Health
- Alt Mat
- Amaha
- Amwoodo
- Apratima Biosolutions
- AquaAirX
- Arboreal
- Aroleap
- AssetPlus
- Aurassure
- BeyondIRR
- Biopeak
- Blackfrog
- Blostem
- BluJ Aero
- Boldcare
- Boson
- Business Hero
- Capitalmind
- CarbonStrong
- Card91
- Castler
- Climes
- Cred
- Delectrik
- Devigere BioSolutions
- Dharaksha
- Digio
- Ditto
- Dreamspan
- Econovus
- Ekam Eco Solutions
- Emoha
- Epifi
- ERPNext
- Even
- Evolved Foods
- Finshots
- Fitpage
- Fittr
- FluxGen
- Fold
- Fragaria
- Galaxeye
- Game Theory
- Gen.E
- Goalteller
- GoldenPi
- Green Worms
- Greenvironment
- Gytree
- Hasiru Dala Innovations
- Health On Plants
- Hissa
- Humanedge
- Immuneel
- Indiadatahub
- IndiaGold
- Indus
- InfinityBox
- Jodo
- Jovaki Agro Food
- JSP Enviro
- Jupiter
- Kalpi
- Kalvium
- Kambala
- Karban
- Karo Sambhav
- Kredily
- Krop AI
- Lawyered
- LearnApp
- Lissun
- Lo! Foods
- LogicLadder
- LWL
- M2P Fintech
- Machaxi
- Marin Elixirs
- MatchLog
- Mecha Systems
- Michezo
- Mprofit
- Myhealthcare
- MyLang
- Naxatra Labs
- Neufin
- Niramai
- NOTO Ice Creams
- NullPointer
- Numocity
- O4H
- Onco
- OneAssure
- Organic Mandya
- Ossus Bio
- Padcare
- PeeSafe
- PensionBox
- Peptris
- Polycycl
- Praan Health
- Prime Investor
- Procol
- Ptal
- QShala
- Quicko
- Raheja Solar
- Recube
- RIA
- Rupeeflo
- Saroja Earth
- Sensibull
- Sisters in Sweat
- smallcase
- Smarter Dharma
- Sochcast
- Solarsquare
- Solinas
- Spacefields
- Sparkl
- Spectacom
- Stepout
- Stoa
- Streak
- Sukino
- SundayGrids
- Superyou
- Teepoi
- Terra.do
- The Arc
- The Bridge
- The Financialist
- The Good Doll
- The Ken
- The Kenko Life
- The Plate
- The Whole Truth
- Tijori
- Trunativ
- TWF Flours
- Two Brothers Organic Farms
- Ultrahuman
- Upliance
- ValuEnable
- Vasshin
- Voltanova
- VoltSeal
- Wastelink
- Wattr
- Wint wealth
- Yoska
- Zerocircle
- Zodhya
For founders
Fund vehicles
| Vehicle | Size | Year | Source |
|---|---|---|---|
| Rainmatter Capital Fund (AIF) | INR 10bn | 2024 | S7 |
History
Official pages
Read the firm's own pages for current information.
- Website rainmatter.com
- Portfolio rainmatter.com/portfolio
- LinkedIn company page www.linkedin.com/company/rainmatterin
Sources
- S1Rainmatter home pageFirm
- S2Rainmatter portfolioFirm
- S3Rainmatter aboutFirm
- S4Zerodha Z-Connect: Rainmatter perennial investments (9 Aug 2023)Parent company
- S5Zerodha Z-Connect: Rainmatter approaching a decade (7 Jan 2025)Parent company
- S6Economic Times: Rainmatter has invested over Rs 1,500 crore in 160 startups (10 Apr 2026)Press
- S7Mint: Rainmatter Capital, Dinesh Pai (16 Sep 2026)Press
- S8Cleantech Hero: interview with Dinesh Pai (7 Jun 2024)Press
- S9Wikipedia: ZerodhaThird-party report
- S10Zerodha Z-Connect: Rainmatter climate and deep tech investments (3 Aug 2026)Parent company
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by Rainmatter or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
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