Japanese venture capital firm Unleash Capital Partners has announced the final close of its debut fund at ₹300 crore, marking a strong commitment to India’s rapidly growing fintech sector. The fund has drawn support from 35 Japanese limited partners (LPs) and is co-managed by founder Natsuki Sugai in partnership with Gojo & Company, a Japan-based financial services firm.
With a focus exclusively on fintech, the fund plans to invest in 12–15 Indian startups, deploying ₹5–18 crore per company at the seed and Series A stages. The strategy includes backing both consumer-facing financial services ventures as well as infrastructure and technology enablers that power the broader fintech ecosystem.
“We are a fintech-focused investor, and unlike sector-agnostic firms, we are open to exploring any opportunity within the financial services landscape,” said Natsuki Sugai, Founder and Managing Partner, Unleash Capital Partners. “Our priority is to work with entrepreneurs who not only innovate but also show a clear commitment to complying with RBI regulations.”
The firm has already invested in seven Indian fintech companies, including:
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Pelocal – an AI-driven payments orchestration platform integrating with WhatsApp and other messaging apps
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Zype – a digital lending platform
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Neurofin AI – an enterprise solutions provider for BFSI
Beyond capital, Unleash Capital intends to connect its portfolio companies with Japanese investors to unlock equity, debt financing, strategic collaborations, and potential M&A opportunities.
The fund’s launch highlights Japan’s growing interest in India’s fintech sector, where regulatory clarity and rapid adoption of digital finance are fueling innovation.
By: Arushi Agarwal
