At a Glance
Norwest India was established in 2006 as the Indian arm of the prominent Silicon Valley-based Norwest Venture Partners, marking one of the early commitments by major US venture firms to the Indian market. The firm has been a significant player in India's startup ecosystem, focusing primarily on Series A and later-stage investments in technology companies with demonstrated traction and scalable business models. Norwest India has built a strong portfolio across consumer internet, enterprise software, fintech, and digital health sectors, with notable investments including food delivery platform Swiggy, fashion e-commerce site Myntra, and meat delivery service Licious. The team is led by experienced partners who combine deep understanding of the Indian market with global venture expertise from the broader Norwest platform. What sets Norwest India apart is its patient capital approach and focus on building long-term partnerships with entrepreneurs, often supporting companies through multiple funding rounds. The firm leverages Norwest's global network and operational resources while maintaining deep local market expertise and relationships within India's rapidly evolving startup ecosystem.
“Backs India's most promising growth-stage technology companies with patient, long-term capital and global operational expertise.”
Norwest India primarily invests at the Series A, Series B+ stages. This means they focus on companies that are scaling their go-to-market after proving product-market fit.
Norwest India is headquartered in Mumbai, India. Many of their portfolio companies are also based in this region, though they invest across geographies.
Norwest India focuses on investments in Consumer, Enterprise, SaaS, Fintech, Digital Health. Their portfolio reflects deep expertise and networks within these sectors.
Norwest India's typical investment check size ranges from $5M to $50M. Actual amounts may vary based on the stage, sector, and specific opportunity.
Norwest India manages approximately $2B in assets under management (AUM) across their funds.