Startup/Promoter Name of Key Contact

S.No Funds Recent Investments Company Stage Person

Bertelsmann India Treebo Hotels, Lendingkart

1 Investments & Rupeek Series D Pranjal Kumar

Avail Finance (Series B),

FPL Technologies (Series
A), Bijnis (Series A) &
2 Matrix Partners India MoEngage Series C Vikram Vaidyanathan

Apna (Series A), Homelane

(Convertible Note); Eruditus
3 Sequoia Capital India (Series D) & Mamaearth Series D Harshal Kamdar
 Vedantu (Other Denise Peng (Hans Tung
investments in India - has been appointed as
Khatabook, Rupeek & GGV Partner in all its
4 GGV Capital (Singapore) Udaan) Series C Extension Indian co.)

Bounce, Airmeet (Seed),

Qtalk (Seed) & Clover
5 Accel Partners (Series A) Series D Amit Jhunjhunwala

Leverage Edu, Unacademy

(Venture Round) & Servify
6 Blume Ventures (Series C) Series A Alok Mehta
 Bounce, RentoMojo (Series
D), Railofy (Seed), Hevo
Data (Series A) &
7 Chiratae Ventures HealthPlix (Series B) Series D Swaminathan Sankar

8 Nexus Venture Partners Unacademy Series E KG Subramanian

VOGO, Winzo (Series B);

Bluestone.com (Series E) &
9 Kalaari Capital HealthPlix (Series B) Series C Karthik Nageswaran
10 Ventureast MoEngage Series C Praveen Yelchuru

Apna (Series A), Pixxel

(Seed), Magicpin (Seires D)
11 Lightspeed India Partners & Ula (Seed) Amit Mehra

Lightspeed Venture
12 Partners Oneassist Series C Amit Mehra

13 Inventus Capital Partners Worxogo Series A Parag Dhol

14 Norwest Venture Partners Veritas Finance Pvt. Ltd. Series E Niren shah
 Licious, Habiit Health and
Nutrition (Pre Seed),
MitronTV (Seed) & Uable
15 3one4 Capital (Seed) Series C Ashwini Tulsaram

Dream11, Nykaa (Series

F), Unacademy (Series E) Unicorn/Secondary
16 Steadview Capital & BharatPe (Series C) Investment Joy Bhakat

Zodius Capital (Acquired

17 by Avendus Capital) Onsitego Series B Shilpa Kulkarni
18 Kae Capital Zetwerk Series A Sasha Mirchandani

19 Lightbox Ventures India Waycood Foods Series C Rashmi Guptey

Eight Roads Ventures

20 (backed by fidelity) FarEye Series D Shweta Bhatia

21 Fireside Ventures FableStreet Series A Dipanjan Basu

Reptute, Uable, FPL &

22 Rocket Internet Goodhealth Series A/Seed Round Ellisha Blechynden

Terra.do (Seed), Blue Sky

Analytics (Seed), GoldenPi
(Seed) & ImStrong Health &
23 Rainmatter Capital Wellness (Pre Seed) Seed and Pre-Seed Nithin Kamath
 CityCash (Seed), Karbon
Card (Seed) & Zupee
24 Orios Fund (Series A) Mostly early stages Rehan Yar Khan

Early stages in
gaming, digital and
25 Lumikai media sector Justin Shriram Keeling

PasarPolis (Series B) and Early Stage Venture,

26 Goventures eFishery (Series B) Late Stage Venture Aditya Kumar

Paper Boat (Series C), Aye

Finance (Series E), Pushp
Brand (PE Round) and
Digital Insurance (Venture Early Stage Venture,
27 A91 Partners Round) Late Stage Venture Abhay Pandey
 Lawyers/Law Firms Involved in
Designation Email id LinkedIn Profile the Deals

Head of
Education Fund
& CFO pranjal.kumar@bertelsmann.com S&R Associates, Khaitan & Co.
https://in.linkedin.com/in/kumarpranjal

Rajaram Legal: Lawyers

involved in the deal - Prasad
MD vikram@matrixpartners.in https://www.linkedin.com/in/vikram-vaidyanathan-0957572/
Subramanyan & Nikita Rajwade

AZB & Partners

CFO for SEA and Algo Legal
India harshal.kamdar@sequoiacap.com
https://www.linkedin.com/in/harshal-kamdar-32234b21/
 Nishith Desai Associates:
Lawyers involved in the deal -
Parag Srivastava & Prithvi
Vardhan
Venture Partner
(Hans is a Cooley LLP - Int'l law firm
Managing represented investement in
Partner) dpeng@ggvc.com Rupeek.
https://www.linkedin.com/in/denisepeng/linkedin.com/in/hans-tung

Indus Law - Partner involved in

Head of Finance amit.jhunjhunwala@accel.com https://www.linkedin.com/in/amitjhunjhunwala/?originalSubdomain=in
the deal: Anindya Ghosh

Trilegal - Partner ivolved in the

deal: Kunal Chandra and
Head of Finance am@blume.vc https://www.linkedin.com/in/alok-mehta/
lawyers Aditi Jain & Akriti Gupta
 Samvad Partners - lawyers
involved in the deal - Hairsh
Narasappa & Pushkar
CFO swaminathan@chiratae.com https://www.linkedin.com/in/swaminathan-sankar-31173315/
Deshpande.

Algo legal - lawyer involved in

the deal was Minzah
MD & CFO kgs@nexusvp.com https://www.linkedin.com/in/kg-subramanian-52960625/
Lokhandwala

Rajaram Legal: Lawyers

involved in the deal - Prasad
CFO karthik@kalaari.com https://www.linkedin.com/in/karthik-nageswaran-41a9a017/
Subramanyan & Nikita Rajwade
 Rajaram Legal: Lawyers
involved in the deal - Prasad
AVP - Finance info@ventureast.net; praveen.yelchuru@ventureast.net
https://www.linkedin.com/in/praveen-yelchuru-24823222/
Subramanyan & Nikita Rajwade

CFO amit@lsip.com https://www.linkedin.com/in/amit-mehra-6a8589/

Link Legal: Lawyers involved in

the deal were Manish Gupta,
Abhishek Dwivedi & Suraj
CFO amit@lsip.com https://www.linkedin.com/in/amit-mehra-6a8589/
Meher.

Samvad Partners - lawyers

involved in the deal - Nivedita
Nivargi, Samyuktha
Damojipurapu & Sharanya
COO (MD) parag@inventusindia.com https://www.linkedin.com/in/paragdhol/?originalSubdomain=in
Kundu.

Shardul Amarchand Mangaldas:

lawyers that involved in the deal
- Puja Sondhi, Sumeet Singh,
Aakanksha Dalal, Rachel
MD nshah@nvp.com https://www.linkedin.com/in/nirenshah1000
Noronha & Meghna De
 Veritas Legal: lawyers involved
in the deal are Nandish Vyas,
Finance & Somrita Chatterji & Tanya
Compliance ashwini@3one4capital.com https://www.linkedin.com/in/ashwini-thulsaram-683801110/?originalSubdom
Chopra.

L&L Partners: lawyers involved

in the deal - Vaibhav Kakkar,
Sumithra Suresh & Rishabh
MD jbhakat@steadview.com https://www.linkedin.com/in/joy-bhakat-35895845/
Shah.

Nishith Desai Associates:

Lawyers involved in the deal -
Simone Reis, Abhinav Harlalka
MD shilpa.kulkarni@zodius.com https://www.linkedin.com/in/shilpa-kulkarni-71333a/?originalSubdomain=in
& Aditya Desai.
 Themis Associates represented
MD and Founder sasha@kae-capital.com https://www.linkedin.com/in/sasha-mirchandani-81a48913/?originalSubdoma
Kae Capital

Khaitan & Co: Lawyers involved

in the deal - Vivek Sriram,
Murugaveni Pillai, Gargi Bohra,
Ekta Chandan, Saranya Mishra
CFO rashmi@lightbox.vc https://www.linkedin.com/in/rashmi-guptey-9b6a045/?originalSubdomain=in
& Ruturaj jere.

Cyril Amarchand acted for

Head - TCF info@eightroads.com http://linkedin.com/in/shweta-bhatia-5b1717
Eightroads.

Cyril Amarchand acted for

Fireside Ventures: Lawyers
involved in the deal - Akshay
Bhatt, Harish S & Imaduddin
CFO dipanjan@firesideventures.comhttps://www.linkedin.com/in/dipanjan-basu-a253297/
Syed.

Senior Counsel JSA acted with Thompson Legal

at Thompson Advisory Services for the
Legal Advisory linkedin.com/in/ellisha- investments made by GFC and
Services eb@tamarathompson.com blechynden-2326954 RICP entities in India.

https://www.linkedin.com/
CEO in/nithin-kamath-81136242/
 https://www.linkedin.com/
Managing in/rehanyarkhan/?
Partner originalSubdomain=in

https://www.linkedin.com/
General Partner in/justinkeeling/

https://www.linkedin.com/
in/adikumar1/?
Vice President originalSubdomain=sg

https://www.linkedin.com/
in/abhay-pandey-77a2195/?
General Partner originalSubdomain=in
 Active Funds/Pool of Funds Industry Verticals of Focus

Funds:
• Kaizen Private Equity - Invests in businesses transforming Human
Capital.
• Helion Venture Partners
•Nirvana Fund - Early Stage Digital, media, education &
These funds are old but BII has been investing consistently. services sectors

Matrix Partners India III - fund was raised by Matrix for $300 ($321)
mn in Jan 2019 - Eyes on Startups across emerging sectors. Other
fund amounting to $400 mn was raised by Matix Partners II in April, Sector agnostic - Mainly digital
2016. trend

Funds:
• Surge Fund - $525mn focused on early stage startups.
• a $825 mn fund focused on growth stage startups.

List of 7 funds:
• Sequoia Capital India Growth Fund (July, 2020 - $825 mn)
• Sequoia Capital India Venture Fund (July, 2020 - $525 mn)
• Sequoia Capital India Principals Seed Fund I (Dec, 2019)
• Sequoia Capital India Seed Fund I (July, 2019)
• Sequoia Capital India VI (April, 2015 - $200 mn)
• WestBridge New Fund (Oct, 2015 - $575 mn)
• WestBridge Ventures II, LLC (Sept, 2005 - $200 mn)
Sector agnostic
GGVC India invests in Indian startups. Also, GGVC partners with
indian early stage funds to invest in India. The Fund is 2 years old but Education, Transportation,
the VC Firm has invested in Feb 2020 in a startup called Rupeek and Commerce, Saas & Fintech, SaaS
the ticket size was $30 mn. and mainly B2B

Consumer, B2B (business-to-

Accel has raised $550 mn for its sixth india focused fund Accel IV and business), software, fin-tech and
would scout for early stage deals. The same was announced on Dec health-tech, and support
2, 2019. companies with patient capital

Blume Fund III at $102 mn is Blume Venture's latest fund as on Feb

2020. The Fund will focus on early stage startups.
healthcare, financial services,
List of Funds: travel, commerce and brands,
• Blume Ventures Fund IIA (Feb, 2020 - $41 mn) jobs and education, and digital
• Blume Ventures Fund III (Feb, 2020 - $102 mn) media & entertainment, Cloud, AI,
• Blume Ventures Fund II (Oct, 2016 - $60 mn) Analytics, SaaS, Verticals, and
• Blume Ventires Fund I (Jan, 2011 - $1 bn) Blockchain & deep tech
Chiratae Ventures has closed its first round of 4th India focused fund
at $150 mn fundraise. This suggests investing intent. Fund IV on early
and growth stage investments.

List of Funds:
• Chiratae Ventures International Fund IV (Oct, 2019 - $184 mn)
• India-focused fund IV (Sept, 2019 - $150 mn)
• Chiratae's Fund IV (Sept, 2019 - $20 mn)
• IDG Ventures India Fund III (May, 2016 - $208 mn) Consumer media & technology,
• IDG Ventures India Fund II LLC9 (Feb, 2013 - $175 mn) Software/Saas, Health Tech,
• IDG Ventures India I LLC (Feb, 2007 - $150 mn) Fintech

Nexus VP intches towards final close of fifth fund. So far Nexus has
raised $353.5mn for this new fund but has a target corpus of $450mn.
Foucus will be early growth stage companies.

List of Funds:
• Nexus Ventures V Ltd. (May, 2019 - $353.5 mn) Technology products and
• Nexus Ventures IV Ltd. (Dec, 2015 - $450 mn) technology-led businesses.
• Nexus Venture Partners Fund III (Sept, 2012 - $270 mn) consumer retail, business
• Nexus Venture Partners Fund II (Aug, 2008 - $220 mn) services, healthcare, education as
• Nexus Venture Partners Fund I (Jan, 2007 - $100 mn) well as enterprise technology.

E-commerce, internet services,

financial technology, educational
Funds: technology, health and wellness,
• K-Start is a seed initiative by Kalaari Capital. mobile, digital media, social
• Kalaari is already running 3 India focused funds. media, enterprise software, and
• Plans to raise $200mn for its 4th fund. outsourcing
 Internet of Things (IoT),
Education, E-commerce, Financial
Services, Digital Healthcare, Life
Ventureast Proactive Fund II is a fund managed by Ventureast with a Sciences, Information
size of $80 ($85) mn Technology.

List of Funds:
• Lightspeed India Partners III (Aug, 2020 - $275 mn)
• Lightspeed India Partners II (July, 2018 - $175 mn)
• Lightspeed India Partners I (aug, 2015 - $135 mn) Sector agnostic

Funds:
• Lightspeed Venture Partners Fund XIII which has a corpus of $ 890 Cleantech, communications,
mn focuses on companies from seed to series B rounds. digital media and wireless,
• Lightspeed Venture Partners Select IV with a corpus of $1.83bn will enterprise automation, enterprise
focus on existing and new investments. infrastructure, internet media and
•Lightspeed Opportunities Fund shall operate at a global level and will commerce, semiconductors and
focus on breakout companies. services sectors

Media, Internet and Catalog

Retail, Healthcare, Information
Funds: Technology, Hardware and
• Inventus III is Inventus Capital Partners first India focused fund. Equipment, Telecommunications,
Inventus has made its final close at $51.98mn. It will focus on early Consumer, Hotels, Restaurants
stage companies. and Leisure,

Funds
• Norwest Venture Partners, closed its 15th and largest global fund - Cloud & IT infrastructure, Internet
Norwest Venture Partners XV to invest in North America, India & & consumer, SaaS, healthcare &
Israel. It will focus on consumer, healthcare & services sectors. services sectors.
Funds
• 3One4 Capital launches new fund 3One4 Capital Fund III. It's a $100
mn fund and 3One4 Capital has already raised $40mn towards its
target. The fund will focus on early stage ventures.
• Continuum-I - This fund was closed in Dec 2019 by 3One4 Capital
after reaching target of INR 400 cr. This fund focuses on growth stage
rounds primarily Series B onwards and investing $3mn-$5mn in
companies.
Rising - I: This is a INR 45 Cr fund focused on seed stage companies Direct-to-consumer, media and
and aims at fresh investments. content, fintech, enterprise
• 3one4 Capital Fund II - $ 40 mn automation and deep tech
• 3one4 Capital Fund I - $ 16 mn sectors.

Funds Consumer internet startups in

• Steadview Capital is a Hong Kong based hedge fund looking to vertical e-commerce, content and
invest $500mn in growth stage companies. It has already invested fintech, SaaS, ed-tech and
$200mn in India startups so far. gaming, private/public companies.

Retail, healthcare, education,

logistics, software, services and
Funds financial services (Also, digital
• Zodius Growth Fund - $250 mn fund. This is the new and third fund business covering both internet
under the brand name Zodius. Previous two funds have been closed. and mobile and in areas of media,
Also, Avendus has acquired Zodius but the third fund will continue commerce and consumer
investing in the brand name of Zodius. services)
Funds
• Kae Capital's Fund I of $25mn stands totally deployed. This debut
fund was formed in 2012.
• Kae Capital Fund II of $53mn has exhausted 70% of its capital.
Focused on seed stage deals in Series A & Series B rounds. Mobile, ecommerce, consumer
• Kae Capital is about to raise capital of $60mn for its third fund. It's internet, education and
sweetspot for investment will be a ticket size of $1mn. healthcare.

Funds Brands, FMCG, Financial

• Lightbox III - The third India focused fund of Lightbox. It is a $209mn Services, education and
fund. Latest investment made was in Feb 2020. healthcare.

Financial services, technology,

Eight Roads has dedicated $1bn to India investments. consumer and healthcare sectors.

Invests exclusively in early-stage

startups, and helps emerging
Funds brands make inroads into the
• Fireside Venture Fund I - $50 mn Fund. competitive consumer retail
• Fireside Venture Fund II - A new fund planned to raise $100mn. Has market, brands across segments
already received commitments of nearly $60mn. Also, has placed its such as super-foods, personalized
first debut bet on an ayurveda health-tech brand Gynoveda. beauty, fashion and personal care

Funds
• GFC Global Founders Capital GmbH
• Rocket Internet Capital Partners II SCS
• Rocket Internet Capital Partners (Euro) II SCS Early stage technology sector

Fintech
List of 2 funds:
• Orios Venture Partners Fund II (July, 2015 - $150 mn) B2B, B2C and software spaces
• Fund I (Aug, 2014 - $50 mn) which target India as market.

India's firstgaming-focused VC
fund

Sector agnostic

Consumer, pharmaceuticals,
healthcare, financial services and
A91 Partners Fund I (July, 2019 - $351 mn) technology sector.
 Ticket size Exits/Investments Comments

1 Exit - Ropso;

Total no. of Investments

$5mn-$15mn made: 28

9 Exits

Total no. of Investments

made: 60+ (This Fund
has closed around around
7 early stage fundings in
$1mn and above last 3 months)

35 Exits

Total no. of Investments

made: 377 (This Fund
has closed around around
Average ticket size value of 15 early stage fundings in
funding is around $21 mn. last 3 months)
 Note to Sridhar: As we note
that the total size of GGV
Capital is around 6 bn,
including 15 funds globally.
Could you help us with the
research on the Indian
$2mn to $20mn Fund and its size.

Total no. of Investments

made: 19 including 8 lead
$2mn or less investments.

(This Fund has closed

around around 7 early
stage fundings in last 6
Upto $5 mn months)
 Note to Sridhar: Request
(This Fund has closed you to assist Anmol in
around around 5 rounds of researching on more about
investment in last 6 Indian law firms assisting
$1mn to $10mn months) Chiratae in its deals.

$500,000 to $10mn

15 Exits;

Total no. of Investments

made: 168 (This Fund
has closed around around
7 early stage fundings in
$1mn-$5mn last 6 months)
 6 Exits;

Total no. of Investments

$1mn-$10mn made: 70.

4 Exits;

Total no. of Investments

made: 41 (This Fund has
closed around around 10
early stage fundings in
Early Stage Venture, Seed last 6 months).

Note to Sridhar: As we note

that $1.83 bn corpus was
raised on global level.
Could you help us to track
the corpus dedicated for
Indian investments out of
$1mn-$25mn this $1.83 bn?

$500000 to $2mn

Early Stages: $2mn

Diffferent stages: $15mn to
$75mn.
 Note to Sridhar: Request
you to please research on
this fund more as what we
note that there is/are no
specific law firm(s)
preferred by 3one4 Capital
and they have made a lot
3 Exits; of investments - this may
be a prospective big client.
Total no. of Investments Anmol can assist, if
Upto $5 mn made: 76. required.

4 Exits; Note to Sridhar: Request

you to research a bit more
Total no. of Investments about the fund and their
$20mn-$40mn made: 37. Indian legal counsels.

$15mn-$25mn
 Note to Sridhar: Request
you to research a bit more
about the fund and their
$1mn-$7mn Indian legal counsels.

Note to Sridhar: Request

you to research a bit more
about the fund and their
$2mn-$8mn Indian legal counsels.

Note to Sridhar: Request

you to research a bit more
about the fund and their
$2mn and above Indian legal counsels.

$4mn to $5mn

Note to Sridhar: To assit

Anmol in the research of
Small ticket matters this fund.

Total no. of Investments Note to Sridhar: To assit

made: 8. (Fintech Fund Anmol in the research of
Small ticket matters and Incubator by Zerodha) this fund.
 7 Exits

Total no. of Investments

made: 59 (This Fund has
closed around around 5 Note to Sridhar: To assit
early stage fundings in Anmol in the research of
Small ticket matters last 6 months) this fund.

Note to Sridhar: To assit

Anmol in the research of
Small ticket matters this fund.

Note to Sridhar: To assit

Total no. of investments Anmol in the research of
made: 7 this fund.

Note to Sridhar: To assit

Total no. of investments Anmol in the research of
made: 10 this fund.