Physis Capital

vc$400MCo-investsLeads rounds

◆ Fund Size

$400M

◆ Check Size

$1.0M→$1.5M

◆ Location

India

◆ Portfolio

10 companies

◆ Activity

Statusactively investing

◆ Links

Website ↗

◆ Investment Thesis

Backing founders solving real, structural problems across India, whether it's access to capital, healthcare affordability, or building for the next wave of consumers beyond the metros

◆ About Physis Capital

Physis Capital is a growth-stage venture fund backing tech-driven startups that solve real-world problems. It combines capital with technical, operational, and strategic mentorship for founders.[1][2][3]

◆ Sectors

Digital HealthFintechE-commerce

◆ Stages

pre-seedseedseries-aseries-b

◆ Geography Focus

India

◆ Team

Name	Title	Role
Ankur Mittal	Partner	Partner
Mitesh Shah	Partner	Partner
Vinay Bansal	Partner	Partner
Vinod Bansal	Founder	—

◆ Tracked Investments

Theater

◆ Notable Investments

Ben & GawsCTPLSTAGECTPL.ioStageHudleRecur ClubHRS NavigationElevate NowOlyvUrban HarvestBen and GawsOtipy10 startups invested in or committed as of May 2026consumer-tech startupsfintech startupsdeep-tech startupsMomentumElevateNowTheater

◆ Traits

Leads rounds

Co-invests

◆ FAQ

What does Physis Capital invest in?

Physis Capital invests in Digital Health, Fintech and E-commerce at the pre-seed, seed, series-a and series-b stages.

Which geographies does Physis Capital focus on?

Physis Capital focuses on India, and is headquartered in India.

What is Physis Capital's typical check size?

Physis Capital typically writes checks of $1M to $1.5M.

Which startups has Physis Capital backed?

Physis Capital has 1 tracked investment on Fusion42, including Theater.