LetsVenture

Company

Investment-firm

Last deal

Amount

Series A

Stage

01.07.2019

Date

3

all rounds

$650K

Total amount

Financing round

General

About Company
LetsVenture is an online funding platform that connects startups with accredited investors.

Industry

Sector :

Subsector :

founded date

13.09.2013

Number of employees

Last funding type

Series A

IPO status

Private

Description

Founded in 2013, LetsVenture enables startups to raise funds by connecting them with angel investors and institutional investors. The platform offers services such as business plan review, mentorship, and support in the funding closure process. With backing from prominent investors, LetsVenture has facilitated over $400 million in funding for 400+ startups. They have a wide network of investors from 60 countries and aim to make investing and fundraising accessible to all.
Contacts

location

Contact Email

Phone number

Social url

Sub-Organizations
1

Propell

Propell is a micro VC Fund that focuses on investing in early stage startups in eCommerce, software services, and direct-to-consumer brands.

Sector

Finance and Credit Services

Subsector

Financial Data Providers

Keywords

E-Commerce, Software

Location

Singapore

count Of Investments

4
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Sector

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Subsector

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Location

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M&A Details
1

Transaction name

Acquired by

StrideOne

announced date

01.08.2023

Financials

Funding Rounds
3
3

Number of Funding Rounds

$650K

Money Raised

Their latest funding was raised on 01.07.2019. Their latest investor Nimesh Kampani. Their latest round Series A

Singapore Angel Network

Singapore Angel Network

Singapore Angel Network is an early-stage venture capital firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Singapore

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72

count Of Exists

11
Kunal Bahl

Kunal Bahl

Kunal is the co-founder and CEO of Snapdeal Private Limited, India's largest no-frills, value focused marketplace. Previously, he has also worked at companies such as Deloitte Consulting and Microsoft in the US. Kunal is an engineer from the University of Pennsylvania and holds a business degree from The Wharton School. He loves backpacking through remote parts of the world, savoring unique cuisines and studying development politics in India.

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organization founded

2
Times Internet

Times Internet

Times Internet is India's largest digital products company.

Sector

Software and Computer Services

Subsector

Consumer Digital Services

Location

Gurugram, Haryana, India

count Of Investments

42

count Of Exists

10
Rohit Bansal

Rohit Bansal

Mr. Rohit Bansal is a Co-Founder of AceVector. He is a Co-Founder & serves as Chief Operating Officer & Board Member at Snapdeal. He is a Co-Founder of Titan Capital. He also serves as Board Member at Unicommerce eSolutions. He also Co-Founded and served as Chief Operating Officer at Jasper Innovative Marketing Solutions.

current job

Snapdeal
Snapdeal

organization founded

2
Mohandas Pai

Mohandas Pai

Mr. Mohandas Pai serves as Board Member at Byju's. Mr. Pai is a Co-Founder and serves as Partner at Aarin Capital Partners. He serves as Advisor & Investment Committee Member at Saha Fund. He is a Co-Founder & Advisor at Exfinity Venture Partners. He serves as an Board of Advisors at OAKS Asset Management. He also serves as Chairman and Board Member at Manipal Education and Medical Group. Until June 2011, he served as a partner at The habit fund. He served as Advisory Board Member at Gingercrush. He serves as Advisor at Ideaspring Capital. He was Elevate Innovation Partners a Member of the Board of Directors of Infosys and the Head of Administration, Education and Research, at the National Stock Exchange of India, FinacleSM, Human Resources and the Infosys Leadership Institute. He also served as Investment Committee Member at 3one4 Capital. Over the span of a decade, he has been actively working with the innovation ecosystems of India to help cultivate and grow startups and funds in the country. The ecosystem that he has helped create and invested in spans 250+ startups across multiple geographies (India, USA, Israel and Singapore), as well as 35+ funds across multiple asset classes and geographies. He is the Co-Founder and Partner of Aarin Capital, a USD 150 Mn fund dedicated to direct investments in startups as well as investments into 15+ funds that span multiple asset classes such as early and growth stage venture capital, public markets, real estate project financing, hedge funds and PE funds. He has helped launch 10 of these funds as a prime LP via Aarin Capital. The funds that have been launched via Aarin manage a combined corpus of USD +450 Mn. They attract a deal flow of over 3,000+ startups from India and the US every year. His family office is also amongst the top capital allocators to venture capital funds and startups in India. The family office has invested in over 22+ funds across multiple geographies and strategies. He is also an Investment Committee Member and prime LP of 3one4 Capital, one of India's fastest-growing early-stage VC funds. 3one4 Capital manages 4 funds and a combined corpus of INR 750 Crores (USD 100 Mn), with a portfolio of 55+ startups in India and the USA. He has also been a primary contributor to the policy and regulatory progress that India has made to encourage startups and remove friction from the ecosystem. He helped design and was the Investment Committee Member of the SIDBI India Aspiration Fund and the $1.8 Billion India Fund of Funds which has invested in 80+ domestic funds and committed over USD 450 Mn already. He has also helped draft policies across multiple areas such as electric vehicles, capital controls, listing regulations, financial reporting standards, IT standards and corporate governance. In particular, he has worked with the Union Government of India to launch the Startup India policy. He has also worked with multiple State Governments, including Karnataka and Rajasthan, on Startup Policies at the state level. Until June 2011, he was a Member of the Board of Directors of Infosys and the Head of Administration, Education and Research, FinacleSM, Human Resources and the Infosys Leadership Institute. He joined Infosys in 1994 and served as a Member of the Board since May 2000. He was the Chief Financial Officer from 1994 to 2006. As the CFO, he played a strategic role in transforming Infosys into one of the world's most respected software services companies. He played a key role in branding the company among the investor community and enhancing transparency and disclosure levels. He was an integral part of the Infosys team that enabled the first listing of an India-registered company on NASDAQ and the first sponsored secondary offering of American Depositary Shares by an Indian company. He also formulated the country's first publicly articulated company financial policy. The Infosys Annual Report, under his supervision, has won the top awards consistently from the Institute of Chartered Accountants and from the South Asian Federation of Accountants. He was voted 'CFO of the Year in 2001 by IMA India. He won the 'Best CFO in India' award from Finance Asia in 2002 and 'Best Chief Financial Officer in India' in the Best Managed Companies poll by AsiaMoney in 2004. He was a member of the Kelkar Committee, constituted by the Ministry of Finance, GoI, for reforming direct taxes. He also works with Central and State governments in the fields of education, IT and business. In 2000, he spearheaded the foundation of the Akshaya Patra Foundation, Bangalore, to start a mid-day meal program for school children. Today, the mid-day meal program feeds over 1.2 million children across seven states in India. The program aims to feed 5 million children by 2020. He is also a fellow member of the Institute of Chartered Accountants of India (ICAI). He holds an LLB from Bangalore University and a Bachelor of Commerce degree from St. Joseph's College of Commerce, Bangalore. He serves as Board Member at GoSavvy. He served as Board Member at Jigsaw Academy Education.

current job

Aarin Capital
Aarin Capital

organization founded

3
Girish Mathrubootham

Girish Mathrubootham

Girish Mathrubootham founded Freshdesk in 2010, and as the CEO, has been setting the vision and direction for the company since inception. Prior to founding Freshdesk, Girish was the VP of Product Management at ManageEngine, a division of Zoho Corp, where he was responsible for setting worldwide product strategy and overseeing product marketing, product management, and customer support. In addition to the pedigree of having some of the happiest customers in the world, he is also the reigning in-house Foosball champion.

current job

Freshworks
Freshworks

count Of Investments

39

count Of Exists

4
Nandan Nilekani

Nandan Nilekani

Nandan Nilekani was the chairman of Unique Identification Authority of India (UIDAI), author of _Imagining India_, philanthropist, and former entrepreneur and co-founder of Infosys.

current job

Infosys
Infosys

count Of Investments

17

count Of Exists

1
Chiratae Ventures

Chiratae Ventures

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

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

Location

Bengaluru, Karnataka, India

count Of Investments

162

count Of Exists

20
Anupam Mittal

Anupam Mittal

Anupam started his entrepreneurial journey by founding People Group - A New Media & Entertainment group, which includes businesses such as Shaadi.com, Makaan.com, Mauj Mobile, and People Pictures. Today the group is recognized as one of the most innovative enterprises in the country. Besides his operational roles, Anupam is also one of India's most active angel investors. He attended Boston College.

current job

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count Of Investments

78

count Of Exists

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Accel

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Accel is an early and growth-stage venture capital firm with over three decades of experience in building and supporting companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital

Location

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count Of Investments

1614

count Of Exists

323
Investments
244
Date 
name 
Lead 
type 
Raised 
28.08.2024
No
$2.38M
Local Amount - INR 200M
23.08.2024
No
$3.5M
16.07.2024
No
$239.27K
Local Amount - INR 20M
Sunfox Technologies

Sunfox Technologies

Sunfox develops affordable healthcare devices using advanced technology.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Medical Device, Health Care, Information Technology

Location

Dehradun, Uttarakhand, India

total rounds

3

total raised

$2.38M
LoanKuber

LoanKuber

Loankuber is a digital mortgage platform for low-income communities.

Sector

Finance and Credit Services

Subsector

Mortgage Finance

Keywords

Financial Services, Lending, Finance

Location

New Delhi, Delhi, India

total rounds

6

total raised

$10.55M
Frendy

Frendy

Friedy is an e-commerce platform that connects homepreneurs with consumers.

Sector

Software and Computer Services

Subsector

Consumer Digital Services

Keywords

E-Commerce, Internet

Location

Ahmedabad, Gujarat, India

total rounds

4

total raised

$6.47M
Co-Investors
Investors
13
10

Number of lead investors

13

Number of investors

Investor 
Lead 
Round 
Partners 
No
Series A
Yes
Series A
Nimesh Kampani

Nimesh Kampani

Nimesh is the CEO of trica .

current job

trica
trica

count Of Investments

44

count Of Exists

2
Singapore Angel Network

Singapore Angel Network

Singapore Angel Network is an early-stage venture capital firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Singapore

count Of Investments

72

count Of Exists

11
Kunal Bahl

Kunal Bahl

Kunal is the co-founder and CEO of Snapdeal Private Limited, India's largest no-frills, value focused marketplace. Previously, he has also worked at companies such as Deloitte Consulting and Microsoft in the US. Kunal is an engineer from the University of Pennsylvania and holds a business degree from The Wharton School. He loves backpacking through remote parts of the world, savoring unique cuisines and studying development politics in India.

current job

Titan Capital
Titan Capital

organization founded

2
Exits
13
Belita

Belita

Belita is a beauty service company that delivers spa services to customers' doorsteps.

Sector

Consumer Services

Subsector

Miscellaneous Consumer Services

Location

Mumbai, Maharashtra, India

total rounds

1

total raised

$375K
iTraveller

iTraveller

Lastminute.com is a multinational group in the online travel industry, operating various well-known brands.

Sector

Travel and Leisure

Subsector

Travel and Tourism

Location

Bengaluru, Karnataka, India

total rounds

6

total raised

$1M
MassBlurb

MassBlurb

Mass Blurb is an SaaS-based online marketing startup that focuses on restaurants.

Sector

Software and Computer Services

Subsector

Consumer Digital Services

Keywords

SaaS, Advertising, Marketing

Location

Mumbai, Maharashtra, India

total rounds

2

People

Founders
2
Shanti Mohan
Shanti Mohan

Shanti Mohan

Shanti is the Co-founder and CEO of LetsVenture. She is a seasoned entrepreneur and angel investor with a passion to make difference. Shanti's expertise is in consumer internet, embedded technology and enterprise. Her notable investments has been in Aureus Analytics, Tripoto and Online RTI. She seves as a mentor for many startups.

current job

LetsVenture
LetsVenture

count Of Investments

9

Shanti Mohan

Sanjay Jha
Sanjay Jha

Sanjay Jha

He is working as the Co-founder and CPO of Lets Venture. He founded LetsVenture along with Shanti Mohan and building a secure, scalable, high-performance platform for the Indian startup's ecosystem.

current job

trica
trica

organization founded

2

Sanjay Jha

Employee Profiles
18
Sharath Patil

Sharath Patil

Investment Associate

Anurag Agrawal

Investment Professional

Shanti Mohan

Shanti Mohan

Founder

Ganesh Nayak

Ganesh Nayak

Director - Investor Relations

Mohit Bajaj

Managing Partner

Shekhar Kirani

Shekhar Kirani

Partner - Accel Partners

Atit Danak

Atit Danak

Director - Partnerships

Utsav Somani

Utsav Somani

Delhi Lead

Activity

Recent News
15
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

week