Investor Profile: Razor Capital — Thesis, Cheque Size & How to Apply

Razor Capital is a Gulf Cooperation Council (GCC)-based private equity and cross-border alternative investment platform betting on secondary investments in growth-stage Indian tech and digital startups. In October 2026, co-founder and managing partner Abhinav Munshi told Fortune India the firm is raising its second offshore fund with a $75 million target, and is also planning an Indian AIF for domestic investors — a strong signal that Razor Capital funding is set to scale just as India’s late-stage secondary market comes of age.

Thesis: a liquidity partner for the stuck

Razor Capital’s bet is that India’s maturing startup ecosystem has created a structural liquidity gap. Early-stage funds, angel investors and employees who backed companies four or five years ago are sitting on valuable stakes but remain years away from a public listing. Razor steps in as the liquidity partner: buying secondary stakes from existing shareholders, and cleaning up cap tables for founders — replacing 30 to 40 small angels with a single long-term institutional investor ahead of an IPO. The firm does both primary and secondary investing, but secondary is, in Munshi’s words, “a very important part of our strategy.”

Fund details: from a $35M Fund I to a $75M target

Fund I was set up around 2022 with a $35 million corpus and deployed into three companies. Its first investment was in Zepto, from which Razor has since partially exited; the other two Fund I companies have not been publicly named. The October 2026 news is the second offshore fund: Munshi publicly stated a $75 million target. To be clear, this is a raising target, not a completed raise — fundraising is under way. Alongside the offshore vehicle, an Indian AIF aimed at domestic investors is also in the works.

Sectors and stages: Series B to D in tech and digital India

Razor Capital invests in “tech and digital India” at the early- to mid-growth stage — Series B to Series D. That positions it between classic early-stage VCs and the large late-stage growth funds, squarely in the zone where cap tables are crowded and secondary transactions are most useful.

Team

The firm is led by co-founder and managing partner Abhinav Munshi, who fronted the October 2026 fund announcement. Other partners and team members are not publicly named in any source read.

How to apply for funding

There is no public application route — no pitch form, apply page or founder email has been verified. This is the honest reality: Razor is a private secondary investor, so founders engage it through warm introductions via existing investors, bankers or advisors, typically when discussing cap-table clean-ups or secondary liquidity for early shareholders ahead of a listing.