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.

Saahil Malik

Advisor

Saahil has ~15 years of management consulting, investment management and entrepreneurship experience across North America, Middle East and South and South-East Asia and currently serves as Partner at Oliver Wyman based in Singapore.

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

#1

Community Focussed

As founders first, we like to put our founders first!

#2

Integrity

Highest degree of ethics, transparency, governance and compliance

#3

Data Obsessed

We are data junkies and we bring that to all aspects of our business

#4

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 more

The 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 more

Chaos 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

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The Ayurveda Experience

Sector: Ecommerce

Founder:

Year Founded: 2010

Year Partnered: 2016

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

Year Founded: 2017

Year Partnered: 2018

A voice first expression platform, where people can talk about their thoughts, stories, experiences, opinion & ideas in multiple Indian Languages.

Chqbook

Year Founded: 2017

Year Partnered: 2018

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

Year Founded: 2015

Year Partnered: 2018

RayBaby is the world’s only AI enabled non-contact baby monitor [FSA/HSA approved], that tracks sleeping and breathing patterns.

Nurtr

Sector: Ed-Tech

Founder:

Year Founded: 2015

Year Partnered: 2016

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

Year Founded: 2014

Year Partnered: 2019

Inc42 is a leading Indian media and information platform, known for it's data-backed news and analysis of the Indian startup ecosystem.

Hungry Foal

Sector: F&B

Founders:

Year Founded: 2016

Year Partnered: 2019

Hungry Foal manufactures & sells low cost nutritional snacks in Tier 2, 3, 4 cities in India.

Liquii

Sector: F&B

Founders:

Year Founded: 2016

Year Partnered: 2019

B2B food supplies company focussing on restaurants & cloud kitchens in India.

Wigzo

Year Founded: 2012

Year Partnered: 2019

Wigzo is the only customer experience solution offering automation, personalization, analytics and adverts specialized for Ecommerce stores worldwide.

City Mall

Sector: Ecommerce

Founders:

Year Founded: 2019

Year Partnered: 2019

Social commerce platform using whatsapp and community buying for the next 200mn ecommerce shoppers in India.

Flintobox

Year Founded: 2013

Year Partnered: 2016

Flintobox is an early learning and child development company that produces educational activity boxes for children and pre-schools in India.

Buddy4Study

Sector: Ed-Tech

Founders:

Year Founded: 2011

Year Partnered: 2017

Buddy4Study is India's largest scholarship platform that connects scholarship and education loan providers with seekers.

Round One

Sector: Recruiting

Founder:

Year Founded: 2011

Year Partnered: 2016

Round One helps job seekers advance their career through interview preparation, job referrals, and career counselling.

Yolo Bus

Year Founded: 2019

Year Partnered: 2020

YoloBus is re-imagining Urban mobility through a full-stack, next generation inter-city transportation network.

Cabs Guru

Sector: Ecommerce

Founders:

Year Founded: 2012

Year Partnered: 2016

CabsGuru is an online taxi aggretor for inter-city travel - search, discovery and booking of all road travel in India.

Khabri

Sector: Vernacular Content

Founders:

Year Founded: 2016

Year Partnered: 2019

Backed by Y Combinator, Khabri is India’s fastest growing audio platform targeted at the next billion internet users.

Be You Plus

Sector: Healthcare

Founders:

Year Founded: 2014

Year Partnered: 2019

BeYouPlus is a personal beauty app that allows you to buy the right aesthetic treatment from the right expert at the right price.

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