Rainmatter Capital

Rainmatter Capital operates as a Rs 1000 crore perpetual investment fund established as an initiative by Zerodha, India's largest discount brokerage firm. Unlike traditional venture capital structures, Rainmatter provides patient capital without active exit timelines, allowing portfolio companies to focus on sustainable growth rather than short-term metrics. This distinctive approach reflects the philosophy of Zerodha's founder, Nithin Kamath, who believes in building businesses with strong fundamentals and positive social impact rather than pursuing rapid scaling at all costs.

The fund maintains a sharp focus on ventures that enhance financial wellness and physical health for Indian consumers. In the fintech space, Rainmatter has backed innovative platforms addressing gaps in personal finance management, investment education, and wealth creation for the average Indian. Their health-focused investments similarly target accessible solutions that democratize wellness through technology, preventive care approaches, and lifestyle improvement tools tailored to Indian demographics and needs.

As a strategic investor, Rainmatter offers more than just capital to its portfolio companies. Portfolio startups gain access to Zerodha's extensive distribution network reaching millions of retail investors, technical expertise in financial markets, regulatory navigation support, and mentorship from seasoned entrepreneurs. This value-add approach has helped numerous early-stage companies refine their product-market fit and scale efficiently within India's complex financial and healthcare ecosystems, creating meaningful impact across diverse socioeconomic segments.

Rainmatter's investment philosophy emphasizes sustainable business models and genuine innovation rather than valuation-driven metrics. The fund typically engages with founders at seed and early growth stages, providing initial investments ranging from Rs 1-10 crore with capacity for follow-on funding. Their long-term orientation allows portfolio companies to pursue fundamental innovation addressing structural challenges in India's wealth and health sectors. This patient capital approach has positioned Rainmatter as a preferred partner for mission-driven entrepreneurs focused on creating lasting positive change rather than quick exits.