🚀GrowthCap Ventures Set to Close Maiden INR 50 Cr Fund in 2 Months. Former BharatPe chief business officer Pratekk Agarwaal's venture capital firm, GrowthCap Ventures, is on track to finalize its inaugural fund at INR 50 Cr within the next couple of months. 📈 Fund Details: - Fundraising Progress: GrowthCap Ventures has already secured 50% of the fund's corpus. - Investment Focus: The fund intends to invest in 10-12 early-stage startups, primarily targeting fintech, SaaS, and deeptech sectors. - Sector Allocation: Allocation breakdown includes 60% for fintech, 30% for SaaS, and 10% for deeptech investments. 💼 Portfolio Investments: - GrowthCap Ventures has already made its mark by investing in Advance Mobility, a sustainable mobility startup specializing in fleet services for ride-hailing giant Uber. - Notable Limited Partners: The fund boasts a prestigious lineup of limited partners, including industry stalwarts like Beerud Sheth of Gupshup, Shankar Vailaya of Sharekhan, and others. 🎯 Future Endeavors: - Agarwaal envisions the launch of a growth-stage VC fund named 'Winners Fund' with a corpus of INR 250 Cr next year. This fund will target growth-stage startups in fintech, SaaS, and deeptech sectors, aiming to invest $2 Mn-$3 Mn per startup. - Operator-Driven Approach: GrowthCap Ventures adopts an operator-driven model, leveraging the experience and expertise of industry veterans to guide portfolio startups in their growth journey. 📈 Trends in the VC Landscape: - Rise of Operator VC Funds: Agarwaal highlights the growing trend of industry executives launching their own VC funds, driven by the desire to invest in and mentor multiple startups. - Founder Preference: Founders increasingly seek mentorship from experienced operators, fueling the demand for operator-driven VC funds. 🌱 Emerging Opportunities: - Despite the perceived funding slowdown, the startup ecosystem continues to witness the emergence of new funds led by former CXOs, underscoring the abundance of capital and the demand for strategic mentorship. GrowthCap Ventures' proactive approach and strategic focus on nurturing early-stage startups reflect its commitment to fostering innovation and driving growth in India's vibrant startup ecosystem. #GrowthCapVentures #VentureCapital #Fintech #SaaS #Deeptech #StartupInvestment #StartUpNews #BusinessNews #MicroShots #NewsUpdates
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2024 has been a breakout year for venture capital in India 🚀 New funds + Visionary founders are reshaping the startup landscape. As the world’s 3rd largest startup hub, India has seen a 15x jump in funding over the past 7 years and the trajectory from here is limitless. These newly minted funds uncorked the bottle on innovation and here's how they are rewriting the playbook for Indian startups. (1) BlueGreen Ventures - a $75M fund investing in early-stage startups in Climate, Fintech, and New Consumer businesses. - Led by Anup Jain and Rajeev Suri, it’s uniquely positioned to back startups prepping for IPOs in the next 4-5 years. - Their stellar track record at Orios Venture Partners and operational expertise will drive this vision forward. (2) Ortella Global Capital - Announced today by Sayan Ghosh, this fund blends decades of venture expertise with a collaborative co-builder ethos. - Investing up to ₹15 Cr across 20 startups, they’ve already locked in 3 deals aiming for a 50% CAGR for their investors. (3) Zeropearl - Founded by Bipin Shah, ex-Titan Capital Partner, this Micro VC focuses on Consumer (D2C/B2C) and SaaS/GenAI. - Planning 12-15 investments per year, aiming to hold an 8% stake in each portfolio company. (4) IndiGo Ventures - The corporate arm (CVC) of IndiGo Airlines made its debut in October. - Backing pre-Series A to Series B startups, it’s zeroing in on aviation, travel, lifestyle and logistics. This list is just the beginning. I haven’t even mentioned the likes of Aviral Bhatnagar’s A Junior VC, MudhalVC, Venture Highway's acquisition by General Catalyst, and many others. 2025 is going to be even bigger and brighter.
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Capria Ventures, a Global South specialist venture capital firm, today announced the successful completion of #fundraising for its India Opportunity Fund at INR 153 crore (~USD 19M). This comes on the heels of a full-cash exit from its portfolio company Awign. Capria and other investors in Awign, India’s largest tech-led, on-demand work fulfillment platform, have sold their stake in the #company in a buyout by Japanese conglomerate Mynavi Corporation. In the Global South (India, Latin America, Africa, and Southeast Asia), Capria Ventures makes investments in entrepreneurs in their early and early-growth stages in a variety of #industries, including Fintech, Jobtech, Edtech, Agtech, Climate, and SaaS. Capria Ventures is a Global South specialist venture capital firm investing in applied Generative AI, connecting #founders into a uniquely collaborative network. Surya Mantha Dave Richards Praveen Sah Annanya Sarthak Gurpreet S Khurana To share your startup story write us on - [email protected] #capriaventures #startup
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🤔 Did you know that consumer #tech #startups in India raised over $4 billion in #funding in 2021 alone? Read More about #VC #Funds #investing in #Consumer Startups in #India! Artha Group Titan Capital Inflection Point Ventures Fireside Ventures DSG Consumer Partners Blog link in first comment! 👇 #assetmanagement #assetclass #venturecapital #angelinvestment #explore
VC Funds Investing In Major Consumer Startups In India- 2024 - Excluto
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This Bangalore-based firm was founded by two brothers in 2015, and their portfolio had a unicorn giant in just 7 years. In the fast-paced world of venture capital, where many firms seek to invest in promising ventures, 3one4 Capital stands out with its unique approach to early-stage investing. Having known Pranav Pai and Siddarth Pai for years, it's incredibly inspiring to see the remarkable success of their venture, 3one4 Capital. They embarked on an entrepreneurial journey inspired by their father, TV Mohandas Pai, to reshape India's early-stage investment landscape. Observing the rapid growth of the nation's startup ecosystem, they identified an opportunity to fill a void: the scarcity of venture capital firms willing to back innovative and unconventional startups. Starting with a corpus of ₹100 crore, their goal was to identify and support disruptive startups in traditional industries. While many VC firms chased the usual suspects—food delivery platforms, payment wallets, and horizontal e-commerce ventures—3one4 Capital chose a different path. In 2023, it raised $200 million for its fourth early-stage fund, its first offshore vehicle. This brought their total committed capital to ₹3,710 crore ($510 million) and AUM to over ₹6,000 crore ($750 million) as per LiveMint. As someone acquainted with both brothers, I notice a striking similarity: their mutual enthusiasm for investing in India's homegrown startups and their inclination towards unconventional bets. Their notable investments include: Licious(a present unicorn), Yulu Darwinbox and more. Factors contributing to its success: ✅Unconventional focus: 3one4 Capital's differentiation lies in its emphasis on non-mainstream startups, tapping into overlooked opportunities in the VC sphere. ✅Sector-agnostic strategy: By investing across diverse sectors, the Pai brothers diversified their portfolio, reducing risks and capitalising on varied market potentials. ✅Founder-centric approach: Success stems from their close collaboration with founders, offering tailored guidance, mentorship, and access to an expansive network, nurturing startup growth. What resonated with me is their steadfast commitment to supporting startups that others might overlook, and it reflects a deep belief in the potential of groundbreaking concepts. What do you think was one of the biggest reasons for their success? PS: Pranav, bro, we surely need to click more pictures next time we get to catch up :)
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Did you know that consumer tech startups in India raised over $4 billion in funding in 2021 alone? 👉 Learn about: VC Funds Investing In Major Consumer Startups In India- 2024 🙌 Artha Group Titan Capital Inflection Point Ventures Fireside Ventures DSG Consumer Partners #consumertech #consumerproducts #startups #investing #venturecapital #learn #funding #fundingstrategies
VC Funds Investing In Major Consumer Startups In India- 2024 - Excluto
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GrowthCap Ventures, an early-stage venture capital firm, has made its debut in the mobility sector with a significant investment in Advance Mobility, a pioneering ridesharing startup. This investment signals a strategic pivot for GrowthCap Ventures towards supporting innovative solutions in the swiftly evolving mobility and fintech domains. The strategic investment underscores GrowthCap Ventures' dedication to nurturing inventive startups in the fintech and mobility realms. Leveraging Pratekk Agarwaal's vast experience and network in financial services, payments, and insurance ecosystems, the firm aims to propel growth and foster innovation, as highlighted in its recent media release. Advance Mobility stands out for its groundbreaking approach to fleet operations within the Uber platform, targeting prevalent challenges in the mobility ecosystem. Its offerings promise mutual benefits for market players, customers, and drivers alike. Pratekk Agarwaal, the founder and general partner of GrowthCap Ventures, accentuated the significance of this move against the backdrop of India's rapidly evolving infrastructure and transportation sectors. "As India witnesses significant transformations in infrastructure and transportation, driven by robust government initiatives and investments, the potential for innovative mobility solutions is unprecedented," stated Agarwaal. He further emphasized, "With several groundbreaking projects initiated by the Union Minister of Road Transport and Highways, Shri Nitin Gadkari, poised to revolutionize India's mobility landscape, Advance Mobility, with its unique blend of finance, technology, and advanced mobility solutions, is ideally positioned to spearhead this transformation. We are excited to be part of their journey." Founded by former Chief Business Officer at BharatPe, Pratekk Agarwaal, GrowthCap Ventures has swiftly emerged as a prominent player in the venture capital arena, focusing on identifying and backing high-potential startups. In February, the firm secured an initial funding of Rs 20 crore from influential industry leaders and mentors, further solidifying its position in the venture capital landscape. #venturecapitalists #venturecapital #investment #fintech #mobility #advancemobility #startupp #transportationsector #infrastructure #allboutcorps
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Corporations now play a very active role in the Indian startup ecosystem, taking inspiration from their global counterparts. India has seen the rise of Corporate Venture Capital Funds (CVCs) and the boom of Family Offices in the last 5 years. Inc42 Media has covered some of my thoughts on this growth and its impact on corporates, startups, and other investors in the ecosystem. Aeravti Ventures https://lnkd.in/e7uqBU9s
The Evolving Role Of Corporate Venture Capital In Innovation And Disruption
inc42.com
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Venture capital firm Peak XV Partners ( formerly Sequoia Capital India and SEA) has emerged as the top investor India’s startup ecosystem. The firm made investments in a whopping 47 potential unicorns ( start-ups founded after the year 2000 with a valuation of US$1bn) this year, according to ASK Private Wealth Hurun India Future Unicorn Index 2024, which highlights India's fastest-growing start-ups. Accel came in at the second position while Tiger Global which made very few investments in the past couple of years came in third. Trifecta and Blume Ventures also made it to the top 5 list. #startups #investments #india #funding
VC firm Peak XV Partners emerges top investor in India's start-up ecosytem
business-standard.com
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Accel rethinks early-stage startup investing in India. By any measure, Accel stands as one of the premier venture capital firms in India. With nearly twenty Indian unicorn startups under its belt, including several leading the market in their respective categories, Accel's impressive track record speaks volumes. Nevertheless, the partners overseeing the firm's early-stage accelerator program, known as Atoms, have been unusually reflective about their experiences and the adjustments they've been making to enhance the chances of success. "One core belief we hold is that eventually, all VC firms appear similar to founders. It boils down to just being a source of funding," explained Priyank Swaroop, a partner at Accel, during an interview. Over recent years, all VC firms have increasingly directed their focus towards making early-stage investments in India, aiming to discover the next Flipkart right from the seed stage. This shift is largely driven by the realization that India isn't producing many billion-dollar exits, thus making it crucial for VC funds to intervene earlier to significantly boost their returns. Running an accelerator program under a fund that invests across various startup stages presents unique challenges. If the firm fails to adequately support its accelerator portfolio in subsequent funding rounds, it can send a negative signal to the industry. Additionally, seasoned entrepreneurs might not view an accelerator as the most fitting partnership option for their ventures. These challenges have been on Accel's radar for almost five years. Before launching Atoms, the venture firm explored initiatives like building a knowledge repository and a community through Seed to Scale, an earlier program launched by Accel. "We conducted Demo Days, attempting to emulate many other funds," Swaroop recounted to TechCrunch. However, just as swiftly as Accel implemented initiatives, it also retracted some steps. For instance, it no longer orchestrates interactions between Atoms portfolio startups and other investors. Swaroop recalled a founder expressing how such meetups felt like a forced treadmill to impress potential backers. Further feedback from founders revealed discomfort in engaging with industry peers who were far ahead in their journeys. "We're striving to carve out our own distinct path, recognizing that what works for other firms may not align with our approach," he noted. So, what does this distinct path entail? The third cohort of Atoms comprises just eight startups, notably fewer than other renowned accelerators. All selected startups operate within two sectors: AI and Industry 5.0 . . . #post #reels #trading #forextrading #tradingnews #livenews #newslive #liverpoolnews #startiyapa #official #reelsviral #viralreels #news #newsong #newseason #newstyle #newsingle #sneakernews #newstart #breakingnews #newsupdate #newstore #newshopt . . https://lnkd.in/dv5ZcHAk
Accel rethinks early-stage startup investing in India.
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