Piper Serica Fund I | 2026 VC Fund

Piper Serica

cb Email

Status

ACTIVE

Global HQ

Mumbai, India

Countries of investment

India
United States
Singapore

Investment stages

Pre-Seed
Seed
Series A

Industries

FinTech
DeepTech
Space Tech
Aerospace
Semiconductors
Consumer
HealthTech
EdTech
SaaS
Mobility
EV

About
Piper Serica is a Mumbai-based asset management firm focused on backing Indian startups and public equity markets. Their focus spans fintech, deep tech, space tech, semiconductors, consumer, and healthtech across India, United States, and Singapore. The firm supports Indian founders from pre-seed through Series A stages.

Min check size: $100K
Max check size: $1M
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Investment Thesis

Piper Serica is a pre-seed to Series A stage asset management firm deploying capital across fintech, deep tech, space tech, semiconductors, EV, consumer, healthtech, edtech, SaaS, and mobility sectors. They invest through both Piper Serica Angel Fund and Portfolio Management Services (PMS) in Indian startups and public equity markets. The firm differentiates itself as a SEBI-registered asset manager operating both venture capital and portfolio management services with 22+ years of Indian market experience since 2003.

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Manager's Experience

Founded in 2003 by Abhay Agarwal (Founder & CEO) and Bharat Binyani CFA (Co-founder and Vice President). Team of 15 including 3 partners and 12 employees based in Mumbai. Manages Piper Serica Angel Fund and Portfolio Management Services (PMS) as a SEBI-registered asset manager. Portfolio includes Astrogate Labs, Rupeeflo, Xovian Aerospace, Sensesemi, Mysa, Six Sense Mobility, Coratia Technologies, ThrustWorks Dynetics, DesignX, ClearTrust, Evify, Zippee, FlashAid, and 20+ additional Indian startups across fintech, deep tech, space tech, semiconductors, EV, consumer, and health tech sectors. Also active in Indian public equity markets through their PMS product.