India Quotient closes $129M Fund V, focusing on pre-seed and seed-stage Indian startups

India Quotient closed its $129 M Fund V, over double its last fund, to back pre-seed and seed‑stage Indian startups before sectors mature. It aims to help founders avoid early dilution pressures. Sahil Makkar and Kanika Agarrwal joined as partners. Founded by Anand Lunia and Madhukar Sinha, the firm has funded 100+ startups like ShareChat and Sugar Cosmetics.