An early-stage venture fund, for founders by founders.
Madison Capital is a VC fund for the Next Half Billion (NHB) internet users in India.
We help build long-term sustainable businesses alongside tenacious entrepreneurs who are using technology to transform industries.
Madison Capital is founded by serial entrepreneurs with deep operating and company building experience. Having founded and scaled companies in India and globally, we provide capital, networks and industry expertise to our founder community.
Focus Areas
Team
Rishab Malik
Founder & Managing Partner
Rishab Malik has 15 years of experience in business development, venture and private equity investing and entrepreneurship in the US, UK, Singapore and in India.
He has been a founder, investor and also advisor to several technology startups in India and S.E. Asia.
Håkan Winberg
Advisor
Håkan Winberg has over 30 years of management experience with major international companies and is one of the most respected finance professionals in Europe.
Hakan was Financial Controller, Chief Financial Officer (CFO) and Executive Vice President (EVP) for Securitas, CFO for Capio, is author of Approximately Right
Portfolio
The Ayurveda Experience
B2C
Ecommerce
Seed
One stop portal for all things Ayurveda. Here one can find content (articles, videos, courses), connect with experts and have high quality products delivered worldwide.
Nojoto
B2C
Vernacular Content
Seed
A voice first expression platform, where people can talk about their thoughts, stories, experiences, opinion & ideas in multiple Indian Languages.
Chqbook
B2B
Fintech
Seed
India’s first Marketplace bank for small business owners. ChqBook helps these small business owners through Lending, Credit Cards, Insurance, Rewards and Bank Accounts.
RayIoT
B2C
IoT
Seed
RayBaby is the world’s only AI enabled non-contact baby monitor [FSA/HSA approved], that tracks sleeping and breathing patterns.
Nurtr
B2C
Ed-Tech
Seed & Pre-Series A
The Masterclass of India, Nurtr is an online skilling academy with thousands of hours of curated video content in domains such as chess, cricket and more.
Inc42
B2C, B2B
Media
Pre-Series A
Inc42 is a leading Indian media and information platform, known for it's data-backed news and analysis of the Indian startup ecosystem.
Hungry Foals
B2C
F&B
Seed
Hungry Foal manufactures & sells low cost nutritional snacks in Tier 2, 3, 4 cities in India.
Liquii
B2B
F&B
Seed
B2B food supplies company focussing on restaurants & cloud kitchens in India.
Wigzo
B2B
SaaS
Pre-Series A
Wigzo is the only customer experience solution offering automation, personalization, analytics and adverts specialized for Ecommerce stores worldwide.
City Mall
B2C
Ecommerce
Seed
Social commerce platform using whatsapp and community buying for the next 200mn ecommerce shoppers in India.
Flinto
B2C, B2B
Ed-Tech
Pre-Series A
Flintobox is an early learning and child development company that produces educational activity boxes for children and pre-schools in India.
Buddy4Study
B2C, B2B
Ed-Tech
Pre-Series A
Buddy4Study is India's largest scholarship platform that connects scholarship and education loan providers with seekers.
RoundOne
B2B
Recruiting
Seed
Round One helps job seekers advance their career through interview preparation, job referrals, and career counselling.
Yolo Bus
B2C
Mobility
Pre-Series A
YoloBus is re-imagining Urban mobility through a full-stack, next generation inter-city transportation network.
Cabs Guru
B2C
Ecommerce
Seed
CabsGuru is an online taxi aggretor for inter-city travel - search, discovery and booking of all road travel in India.
Khabri
B2C
Vernacular Audio
Pre-Series A
Backed by Y Combinator, Khabri is India’s fastest growing audio platform targeted at the next billion internet users.
BeYouPlus
B2C, B2B
Healthcare
Pre-Series A
BeYouPlus is a personal beauty app that allows you to buy the right aesthetic treatment from the right expert at the right price.
Our Values
Community Focussed
As founders first, we like to put our founders first!
Integrity
Highest degree of ethics, transparency, governance and compliance
Data Obsessed
We are data junkies and we bring that to all aspects of our business
Human Capital
The right dose of strategic advice, mentorship and networks for our portfolio
Indian Startups Going Global
India is the most exciting internet economy in the world today with 500 million internet users at present, the next half billion (NHB) to come online in the next 3-5 years, where 85-90% will be mobile first internet users (India sells 35- 40mn smartphones every quarter!)
Read moreThe Next Half Billion (NHB)
The Indian Internet Economy will have 800mn people online by 2021/ 2022 – that is a staggering 300mn people coming online in the next 3 years!
Read moreChaos is a ladder
As the world goes through the most unprecedented crisis experienced in generations, this time has allowed some of us, albeit locked down and socially distanced, the opportunity to step back and focus on the basics, get a little perspective.
Read more