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Chiratae Ventures

Company

Investment-firm

Financing round

General

About Company
IDG Ventures India is a prominent technology venture capital fund with a global network and investments in 220+ companies.

Related to

Chiratae Ventures

Chiratae Ventures

IDG Ventures is a venture capital firm based in Bangalore, India.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

Location

Bengaluru, Karnataka, India

count Of Investments

121

count Of Exists

34

Industry

Sector :

Subsector :

Keywords :

Also Known As

IDG Ventures India

founded date

01.09.2006

Number of employees

IPO status

Private

Description

Chiratae Ventures India Advisors, formerly known as IDG Ventures India Advisors, is a prominent Indian-focused technology venture capital fund with over $700 million under management. They have a portfolio of 80+ companies in various sectors including Consumer Media & Tech, Cloud/Software, Health-tech, and Fin-tech. Their fund, IDG Ventures India Fund II, focuses on early-stage investments in software, healthtech, and consumer products and services sectors in India.
Contacts

Contact Email

Phone number

Social url

Sub-Organizations
1

IDG-Accel China Growth Fund

IDG-Accel China Growth Fund invests in seed and startup investments.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Venture Capital, Financial Services, Finance

Location

Beijing, China

count Of Investments

6
Similar Companies
1000
Chiratae Ventures

Chiratae Ventures

IDG Ventures is a venture capital firm based in Bangalore, India.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

Location

Bengaluru, Karnataka, India

count Of Investments

121

count Of Exists

34
Artha India Ventures

Artha India Ventures

Artha India Ventures is a Mumbai-based venture capital firm that funds seed and early stage companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Mumbai, Maharashtra, India

count Of Investments

102

count Of Exists

10
Oriza Ventures

Oriza Ventures

Oriza Ventures is a venture capital firm that invests in early-stage technological companies in the United States.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

Location

Santa Clara, CA, USA

count Of Investments

44

count Of Exists

5
Horizen Ventures

Horizen Ventures

Horizen Ventures is a venture capital firm that invests in early stage companies in the US, Singapore, India, and South Africa.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

Location

Bengaluru, Karnataka, India

count Of Investments

9

Financials

Investments
159
Date 
name 
Lead 
type 
Raised 
05.06.2024
No
$65.52M
Local Amount - INR 5.47B
15.04.2024
No
$2.5M
03.04.2024
No
$6.47M
Local Amount - INR 540M
EarlySalary

EarlySalary

EarlySalary is a mobile application that offers small loans to Indian users before they receive their monthly wages.

Sector

Finance and Credit Services

Subsector

Consumer Lending

Location

Pune, Maharashtra, India

total rounds

11

total raised

$219.81M
Clientell

Clientell

Clientell provides a no-code machine learning platform to analyze consumer data and predict behavior.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Keywords

Artificial Intelligence, Machine Learning, Software

Location

San Francisco, CA, USA

total rounds

2

total raised

$3.1M
BeepKart

BeepKart

BeepKart is a full-stack online retailer of used 2-wheelers.

Sector

Retailers

Subsector

Specialty Retailers

Keywords

E-Commerce, Software

Location

Bengaluru, Karnataka, India

total rounds

4

total raised

$19.31M
Co-Investors
Exits
20
PlaySimple Games

PlaySimple Games

PlaySimple Games develops engaging word games for all ages, connecting people through their mobile gaming application.

Sector

Leisure Goods

Subsector

Electronic Entertainment

Keywords

Apps, Mobile Apps, Gaming

Location

Bengaluru, Karnataka, India

total rounds

4

total raised

$4.55M
Aujas Networks

Aujas Networks

Aujas Networks is a cybersecurity company that provides security solutions and services.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Location

Bengaluru, Karnataka, India

total rounds

3

total raised

$10.91M
CloudCherry

CloudCherry

CloudCherry is an Experience Management platform that is disrupting the way organizations listen to the Voice of Customer.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Location

Salt Lake City, UT, USA

total rounds

5

total raised

$16M

People

Founders
3
Sudhir Sethi
Sudhir Sethi

Sudhir Sethi

Mr. Sudhir Sethi is Founder, Chairman & Managing Director of IDG Ventures India Advisors. IDG Ventures manages over US$6 Billion globally and has a portfolio of over 200 technology companies. Sudhir currently serves on the Board of Directors at Aujas Networks, ConnectM, iProf Learning Solutions, iViZ Techno Solutions, Manthan Software, Myntra.com and Perfint Healthcare. He has over 31 years of technology industry experience, including 11 years of venture investing experience. Earlier, as head of Walden International India, Sudhir was a seed investor in Mindtree Consulting and served on their board for the first four years. He also served on the Investment Committee of UTI Ventures for four years, on the Advisory Board of Westbridge Capital and on the Board of Advisors at N. S. Raghavan Center for Entrepreneurship, IIM Bangalore. Prior to Walden, Sudhir served at various leadership positions at Infotech Enterprises, Wipro Technologies and HCL. In addition to leading IDG Ventures India Advisors, Sudhir serves on the Executive Committee of Indian Venture Capital Association (IVCA), on the Board of Ascent Capital ($350 million PE fund) and the Nasscom Regional Council. He also serves on the Board of Emploi Globale, a global executive search firm. Sudhir holds a B.Tech in Engineering and an MBA Degree from FMS, Delhi.

current job

Chiratae Ventures
Chiratae Ventures

count Of Investments

1

Sudhir Sethi

TC Meenakshisundaram
TC Meenakshisundaram

TC Meenakshisundaram

Mr. T C Meenakshisundaram (TCM) is founding Managing Director of IDG Ventures India, a US$150 Million early-stage technology venture capital fund backed by IDG, the world’s largest IT-focused media company. He currently serves on the Board of Directors at Apalya Technologies, Aujas Networks, ConnectM and iCreate Software. Previously, TCM spent three years with Walden International’s India investment team working on investments in companies such as Mindtree Consulting, Venture Infotek, Jobstreet and Webvisions, across a range of technology sectors. Prior to joining IDG Ventures India, TCM served as Chief Financial Officer and President - Corporate Services at Venture Infotek, a leading payments processing company in India. He also worked for fourteen years with Wipro, India’s leading global IT services firm.

current job

Chiratae Ventures
Chiratae Ventures

count Of Investments

1

TC Meenakshisundaram

Manik Arora
Manik Arora

Manik Arora

Manik Arora serves as Chairman & CEO of Rise Group Pte Ltd, a Singapore-based advisory and holding company focused primarily on technology ventures. Previously, he served as Founder & Managing Director of IDG Ventures India, a premier VC firm in India. During his nine years of building the firm, Manik and his colleagues made over 30 early and expansion stage technology investments. These include many of today’s market leaders such as Flipkart, Myntra, Firstcry, Lenskart, Xpressbees and NestAway. Manik has been named on the ‘Digirati’ list of 25 Powerful People in Indian Digital Business. Prior to IDG, Manik was a technology investor at Battery Ventures in Silicon Valley and started his investment career with General Atlantic. Previously, he worked in senior sales and operating roles with i-DNS.net, American Express and MasterCard International in New York and Singapore. His early career was as a strategy consultant with The Boston Consulting Group in South East Asia. Manik is both a Kauffman Fellow and a Mentor at the Center for Venture Education, home of the Kauffman Fellows Society of global venture capitalists. He is also a Distinguished Fellow, Global Private Equity Initiative, at INSEAD business school. Manik holds a Bachelors degree in Economics from Swarthmore College where he received a McCabe Fellowship to pursue his MBA from the Sloan School at MIT.

current job

Chiratae Ventures
Chiratae Ventures

count Of Investments

3

Manik Arora

Employee Profiles
18
Pooja Panchamia

Pooja Panchamia

Investment Professional

Karthik Prabhakar

Karthik Prabhakar

Executive Director & Global Head - Fundraising

Venkatesh Peddi

Venkatesh Peddi

Partner, Executive Director and Head of Software Sector

Ranjith Menon

Ranjith Menon

Executive Director

Sudhir Sethi

Sudhir Sethi

Founder and Managing General Partner

Manik Arora

Manik Arora

Founder & Managing Director

Sheeba D’Mello

Sheeba D’Mello

Senior Manager

TC Meenakshisundaram

TC Meenakshisundaram

Founder & Managing Director

Activity

Recent News
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