PRESENTED BY-:

Overview-:
• Chiratae Ventures is a leading tech venture capital fund focused on
enabling entrepreneurs in India Bangalore, Karnataka, India
• Categories-Venture Capital
• Headquarters Regions-Asia-Pacific(APAC)
• Sub Organisation of-IDG Venture
• Founded Date-2006
• Founders-Sudhir Sethi, TC Meenakshisundram
• Operating Status-Active
• Number of Employees- 11-50
• Investment Stage- Early Stage Venture, Late Venture, Seed
 FUNDS RAISED
INCEPTION YEAR
Number of funds-5
YEAR- 2007
Total Fund Raised- $703mn
Chiratae had launched its first fund of $150 million in Announced Date Fund name Money Raised
2007 with investment from US-based media, data and
Sep 12,2019 India focused fund iv $150M
marketing firm IDG Inc.
Sep 4,2019 Chiratae’s Fund iv $20M

May 12,2016 IDG ventures india fund iii $208M

Feb 1,2013 IDG venture India fund ii $175M

LLC9
Feb 1, 2007 IDG Ventures India I LLC $150M

ASSETS UNDER MANAGEMENT PORTFOLIO COMPANIES

Number of Investment-147 Organisation name Total funding Amount
Number of lead Investment-51 Cloud Cherry $16M
Little Black Book $8.3M
Chiratae currently claims assets under management of $600 Peel-Works $7M
million, including 76 portfolio companies, at least nine of Zivame.com $60.3M
which are considered category leaders with market shares of
50-90% Insta360 $30M
 EXIT TIMEFRAMES SECTOR PREFERENCES
Number of exist-14 Sector-Communications, financials, technologhy
Company Total Total Industry-Media, Telecommunications, Institutional financial
investment($ return
services, Hardware
mn)
Myntra 15 40.2

Newgen 4.4 14.4

Software
Manthan 4.5 NA
Software
Lenskart 13.3 NA

BEST INVESTMENTS WORST INVESTMENTS

Brain Bees-$16.9M
Myntra-$15M
Lenskart-$13.3M
NestAway-$12M
Perfint- $7.6M
 STRATEGY & STYLE GLOBAL PRESENCE
Chiratae has duly gravitated toward the later- stage end of the A global network of technology venture funds with presence
spectrum and broadened its investment thesis. in the US, China, Korea and Vietnam, in addition to India.
It has also demonstrated that the local VC industry may be
close to reaching sufficient depth to be a self-perpetuating
machine.
Cureft, for example, was founded by the same entrepreneur
responsible for Myntra, Chiratae’s connection to Flipkart and
by extension a range of other opportunities.

FUNDING TIME FRAME INDUSTRY EXPOSURE:-

Early Stage Venture Information Technology-$95mn
Late Venture Consumer Discretionary-$65mn
Seed Healthcare-$13mn
Material-$4mn
Financials-$2mn