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Fundamentum to sharpen fintech bets with third fund
Mint Mumbai
|February 12, 2026
The VC's move is driven by India’s digital public infrastructure and financial inclusion gaps
The Nandan Nilekani-led venture capital firm sees India's fintech opportunity as wide open, with digital infrastructure in place and ample scope for new consumer and MSME-focused offerings.
(AFP)
Infosys co-founder Nandan Nilekani’s venture firm Fundamentum is preparing to sharpen its fintech bets in its upcoming third fund, banking on India’s digital public infrastructure and a widening financial inclusion gap to drive the next wave of growth, said a top company executive.
“India’s digital public infrastructure is set up and ready, ecosystem is ready, and the market is still completely wide open from a financial inclusion point of view,” Mayank Kachhwaha, who leads fintech investments at the firm, said.
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