# Dovetail Capital Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dovetail-capital-pvt

- Headquarters: Mumbai, India
- Website: www.dovetailindia.com/
- Total disclosed funding: $11M
- Latest round: Series A (Jul 1, 2026)
- Investors on record: 1

## About

Dovetail Capital Pvt. Ltd., based in India, is a financial services firm specializing in fund administration, advisory, and derivative clearing services, aimed at enhancing investment processes for institutional investors and funds.Founded in 2017 and headquartered in Mumbai, India, Dovetail Capital Pvt. Ltd. focuses on delivering financial services tailored to the needs of institutional investors. In July 2026, the company secured INR 1 billion in Series A funding led by Elev8 Venture Partners, aimed at bolstering its international market presence and supporting global expansion efforts. The firm has successfully completed one deal to date.Dovetail Capital Pvt. Ltd. provides a comprehensive suite of fund administration, advisory, and derivative clearing services. Their offerings simplify investment processes for various clients, including offshore funds registered as Foreign Portfolio Investors (FPIs) and alternative investment funds (AIFs). The advisory services cover equity, derivatives, and fixed income investments, effectively guiding clients through the complexities of the Indian capital markets. The firm's fund administration services, including compliance management and regulatory reporting, are primarily targeted at clients situated in GIFT City, Gujarat, along with various global jurisdictions. Dovetail utilizes advanced systems such as Advent Geneva and World Investor to optimize operations, catering to a diverse clientele that includes offshore investment managers and institutional investors across North America, Europe, and Asia.Dovetail Capital Pvt. Ltd. operates on a revenue model centered around transaction-based fees for its fund administration and advisory services. Clients engage through subscriptions for ongoing fund administration services, which encompass onboarding new funds and managing regulatory compliance. The firm's key offerings, including the Dovetail Compliance Management System (DCMS) and derivative clearing solutions, generate revenue through service fees tied to each transaction processed. This model ensures a consistent income stream from institutional clients while fostering partnerships with AIFs and FPIs, catering to their specific investment needs.In July 2026, Dovetail Capital Pvt. Ltd. raised INR 1 billion in Series A funding, which will be strategically utilized to enhance its international market presence and drive global business expansion. The company is focused on developing new products that cater to evolving market demands while exploring opportunities in additional geographic regions to broaden its client base. This funding will support these initiatives, aligning with the firm’s vision for future growth.

## Funding rounds

- Series A, Jul 1, 2026, $11M — Elev8 Venture Partners

## Investors

- Elev8 Venture Partners (https://capitalatlas.ai/funds/elev8-venture-partners) — Series A