The document discusses two venture capital firms - Chiratae Ventures and Ventureast.
[1] Chiratae Ventures recently closed their first growth fund called Chiratae Ventures Growth Fund I at INR 1001 Cr focused on growth-stage investments in the Indian market. They also have a seed fund for early investments up to USD 500,000 per company.
[2] Ventureast is a venture capital firm founded in 1997 focusing on early and growth-stage companies. They have two capital funds - VentureEast Early Stage Fund III of $47 million for seed/early-stage startups and VentureEast IX targeting $125 million for technology companies.
The document discusses two venture capital firms - Chiratae Ventures and Ventureast.
[1] Chiratae Ventures recently closed their first growth fund called Chiratae Ventures Growth Fund I at INR 1001 Cr focused on growth-stage investments in the Indian market. They also have a seed fund for early investments up to USD 500,000 per company.
[2] Ventureast is a venture capital firm founded in 1997 focusing on early and growth-stage companies. They have two capital funds - VentureEast Early Stage Fund III of $47 million for seed/early-stage startups and VentureEast IX targeting $125 million for technology companies.
The document discusses two venture capital firms - Chiratae Ventures and Ventureast.
[1] Chiratae Ventures recently closed their first growth fund called Chiratae Ventures Growth Fund I at INR 1001 Cr focused on growth-stage investments in the Indian market. They also have a seed fund for early investments up to USD 500,000 per company.
[2] Ventureast is a venture capital firm founded in 1997 focusing on early and growth-stage companies. They have two capital funds - VentureEast Early Stage Fund III of $47 million for seed/early-stage startups and VentureEast IX targeting $125 million for technology companies.
venture capital firm focused on growth- stage startups in the Indian market. The venture firm was founded by Sudhir Sethi and T. C. M. Sundaram as the Indian arm of the global venture capital firm IDG Ventures in 2006. CHIRATAE VENTURE CAPITAL FUNDS 1. CHIRATAE VENTURES GROWTH FUND - I (CGF- I) :- • Focus :- growth-stage investments. • Closing Date :- first close in November 2022 at INR 759 Cr. final close in December 2022 at INR 1001 Cr. • Investment size :- INR 50 Cr to INR 150 Cr per company • Significance :- first dedicated growth 2. CHIRATAE VENTURES SEED FUND :-
• Focus :- early-stage investments.
• Launch Date :- Established in 2016.
• Investment Size :- up to USD
500,000 per company.
• Significance :- fostering India's
startup ecosystem. FUNDING ROUNDS
• BIGBASKET :- $150 million
• LENSKART :- $231 million
• POLICYBAZAAR :- $238 million
• MYNTRA :- $50 million
INTRODUCTION Ventureast is an India-based venture capital firm that focuses on investing in early-stage and growth-stage companies across various sectors. Founded in 1997, Ventureast has played a significant role in supporting and nurturing innovative businesses in the Indian and Southeast Asian markets. VENTUREAST CAPITAL FUND 1. VentureEast Early Stage Fund III (VE ESF III) :- • Focus: Seed and early-stage startups across technology and life sciences. • Closing Date: September 2020. • Fund Size: $47 million. • Significance: This fund represents VentureEast's continued commitment to nurturing promising ventures at their nascent stages, driving innovation across diverse sectors. 2. VentureEast IX (VE IX): • Focus: Early and growth-stage technology companies with disruptive potential across various sub-sectors. • Closing Date: November 2023 (currently in fundraising). • Fund Size: Targeting $125 million. • Significance: This upcoming fund highlights VentureEast's evolving focus on emerging technology trends and their continued commitment to backing future market leaders. FUNDING ROUNDS