Zeropearl VC Closes First Fund at ₹159 Cr, Oversubscribed 3.5x

Zeropearl VC, a solo GP-led pre-seed and seed stage venture fund founded by Bipin Shah, has marked the final close of its debut fund at ₹159 crore (~$18 million).

The fund was oversubscribed by 3.5x, attracting commitments worth ₹280 crore, nearly double its initial ₹80 crore target. Shah capped the fund at the planned size despite significant demand.

Shah, an IIT Bombay alumnus and former partner at Titan Capital, brings more than 14 years of experience in early-stage investing. Over his career, he has reviewed 50,000+ startups and backed 250+ companies, including Mamaearth, Credgenics, InVideo, CityMall, and Giva, with notable exits such as Beardo (Marico), Oziva (HUL), and SuprDaily (Swiggy).

One of the defining features of Zeropearl VC is its entrepreneur-backed LP base—over 52% of the fund is contributed by 31 founders, including 19 unicorn leaders and multiple IPO-stage entrepreneurs. Alongside global family offices and funds-of-funds, these investors are expected to provide capital, mentorship, and access to global networks.

Zeropearl Fund I is designed to invest in around 45 startups, maintaining a selectivity rate of just 0.5% of all evaluated opportunities. Already, the fund has backed 20 companies, with seven disclosed: Gully Labs, Cura Care, Zanskar, Catalogus, Akinna, Supply6, and Tryo.

By combining speed, conviction, and a highly focused investment thesis, Shah positions Zeropearl VC as a new-age solo GP fund aiming to nurture India’s next generation of category-defining companies.

By: Arushi Agarwal

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Indian Startup Times

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