Unleash Capital Partners closes Rs 300 Cr maiden fund

Unleash Capital Partners, a Japanese venture capital firm, has announced the final close of its maiden fund at Rs 300 crore, dedicated to investing in India’s fast-growing fintech ecosystem. 

The fund is backed by 35 Japanese limited partners (LPs) and is co-managed by founder Natsuki Sugai along with Japanese financial services company Gojo & Company.

The sector-focused fund has already deployed capital across seven Indian fintech startups and aims to back 12–15 companies in total, writing cheques between Rs 5 crore and Rs 18 crore. Unleash Capital will invest at the seed and Series A stages, targeting both startups that directly provide financial services and those building critical technology and infrastructure for the broader ecosystem.

“We are a fintech-focused investor and unlike sector-agnostic investors, we are covering any possible opportunities in the fintech space,” said Natsuki Sugai, Founder and Managing Partner of Unleash Capital Partners. “Our focus is on entrepreneurs who have a clear intent to comply with RBI regulations and a deep understanding of both the rules and their purpose.”

In addition to funding, Unleash Capital will connect its portfolio with Japanese investors for equity, debt, business collaborations, and potential M&A opportunities. Companies already backed by the fund include Pelocal, an AI-led payments orchestration platform integrating with WhatsApp and other messaging apps; Zype, a digital lending platform; and Neurofin AI, which builds enterprise solutions for the BFSI sector.