Chiratae Ventures

Chiratae Ventures
Type	Private company
Industry	Private equity, Venture Capital
Founded	2006
Founders	Sudhir Sethi, TCM Sundaram
Headquarters	Bangalore, India
Products	Venture capital
AUM	$470 million (2018)[1]
Website	www.chiratae.com

Chiratae Ventures, formerly IDG Ventures India, is a technology venture capital firm focused on growth stage startups in the Indian market. The venture firm was founded as the Indian arm of the global venture capital firm IDG Ventures in 2006, by Sudhir Sethi, and T.C.M. Sundaram.[2] The firm manages total assets of over $470 million.[3] The firm is headquartered in Bangalore, with offices in Mumbai and New Delhi.[4]

Investments

In additional to individual investors, the firm's funds raise capital from its Limited Partner, Small Industries Development Bank of India (SIDBI). Some of the firm's investments include startups such as Myntra, Lenskart, CureFit, and PolicyBazaar.[5][6]

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References

"IDG Ventures India renames itself as Chiratae Ventures". VCCircle. 2018-10-10. Retrieved 2020-07-09.
"Crunchbase - Chiratae Ventures - Formerly IDG Ventures India". Crunchbase. Retrieved 2020-07-09.
Chanchani, Madhav (2018-10-10). "IDG Ventures India becomes Chiratae, to raise $300 mn for fourth fund". The Economic Times. Retrieved 2020-07-09.
"Sudhir Sethi, Chiratae Ventures – Focusing On Tech-Enabled Disruptions". AsiaTechDaily - Asia's Leading Tech and Startup Media Platform. 2019-10-21. Retrieved 2020-07-09.
Sriram, Ridhima Saxena,M (2019-09-11). "Chiratae eyes first close of $150 million for latest India-focused fund". Livemint. Retrieved 2020-07-09.
Shrivastava, Aditi (2019-09-18). "Chiratae Ventures out with a fresh seed fund of $35 million for new bets". The Economic Times. Retrieved 2020-07-09.

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[1] "IDG Ventures India renames itself as Chiratae Ventures". VCCircle. 2018-10-10. Retrieved 2020-07-09.

[2] "Crunchbase - Chiratae Ventures - Formerly IDG Ventures India". Crunchbase. Retrieved 2020-07-09.

[3] Chanchani, Madhav (2018-10-10). "IDG Ventures India becomes Chiratae, to raise $300 mn for fourth fund". The Economic Times. Retrieved 2020-07-09.

[4] "Sudhir Sethi, Chiratae Ventures – Focusing On Tech-Enabled Disruptions". AsiaTechDaily - Asia's Leading Tech and Startup Media Platform. 2019-10-21. Retrieved 2020-07-09.

[5] Sriram, Ridhima Saxena,M (2019-09-11). "Chiratae eyes first close of $150 million for latest India-focused fund". Livemint. Retrieved 2020-07-09.

[6] Shrivastava, Aditi (2019-09-18). "Chiratae Ventures out with a fresh seed fund of $35 million for new bets". The Economic Times. Retrieved 2020-07-09.