Multi-stage VC · Seed–Growth · Bengaluru
Chiratae Ventures
Formerly IDG Ventures India
Verified by Women Can StartupSnapshot
- Firm type
- Multi-stage VC
- Founded
- 2006
- Headquarters
- Bengaluru
- Other offices
- Mumbai, New Delhi
- Fund / AUM
- Fund IV $337M (final close, 2021); ~$1B+ under advisory
- Geographies
- India
- Leads rounds
- Yes
- Last updated
- 23 July 2026
About Chiratae Ventures
A long-running India technology investor, formerly IDG Ventures India, that backs companies from early rounds and supports them into growth stage. It is broad across consumer, fintech, healthtech and SaaS, with exits including Newgen, PolicyBazaar and Yatra. Chiratae is Kannada for leopard.
Chiratae Ventures is a multi-stage vc based in Bengaluru, founded in 2006, investing in India. It backs companies at the Seed, Series A, Series B and Growth stages, with a focus on Consumer, SaaS, Fintech, Healthtech and D2C. It usually leads the rounds it joins.
On fund size, the firm reports Fund IV $337M (final close, 2021); ~$1B+ under advisory. Its portfolio includes Lenskart, Myntra, FirstCry, PolicyBazaar, XpressBees and Flipkart.
Investment focus
Notable investments
8 of Chiratae Ventures’s better-known bets, grouped by sector. Names in coral open the company’s profile or founder story on this site.
D2C
Consumer
Fintech
Logistics
SaaS
How to pitch Chiratae Ventures
Practical pointers drawn from what Chiratae Ventures says it backs. Always confirm the current focus and process with the firm before you reach out.
- They invest at Seed, Series A, Series B and Growth. Approach them when your company is with an early product and first signs of traction, through to companies already scaling with strong metrics.
- Their focus is Consumer, SaaS, Fintech, Healthtech and D2C, so lead with why you fit there.
- The strongest way in is a warm introduction, ideally from a founder they have backed, such as Lenskart, Myntra and FirstCry.
- You can find the team and their current focus on their website, linked below.
Partners
Sudhir Sethi
Founder & Chairman
T.C. Meenakshi Sundaram
Co-founder
Ranjith Menon
Managing Director
Website & links
Frequently asked questions
- What stage does Chiratae Ventures invest at?
- Chiratae Ventures invests at the Seed, Series A, Series B and Growth stages.
- What sectors does Chiratae Ventures invest in?
- Chiratae Ventures focuses on Consumer, SaaS, Fintech, Healthtech, D2C, Deeptech and AI.
- Which companies has Chiratae Ventures invested in?
- Notable investments include Lenskart, Myntra, FirstCry, PolicyBazaar, XpressBees, Flipkart, Yatra and Newgen Software. See the full list on this page.
- Who are the partners at Chiratae Ventures?
- Key people include Sudhir Sethi (Founder & Chairman), T.C. Meenakshi Sundaram (Co-founder) and Ranjith Menon (Managing Director).
- Where is Chiratae Ventures based?
- Chiratae Ventures is headquartered in Bengaluru, with additional offices in Mumbai and New Delhi.
- Does Chiratae Ventures invest in women founders?
- Chiratae Ventures is a generalist fund and backs strong founders regardless of gender, women founders included. For funds with an explicit women-founder mandate, see our women-focused funds list.
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