What stage does Kalaari Capital invest at?

Kalaari Capital invests at the Seed, Series A and Series B stages, typically writing cheques of $500K – $5M.

What sectors does Kalaari Capital invest in?

Kalaari Capital focuses on Consumer internet, SaaS, Deeptech, AI, Gaming, D2C and Healthtech.

Who are the partners at Kalaari Capital?

Key people include Vani Kola (Founder & Managing Director).

Where is Kalaari Capital based?

Kalaari Capital is headquartered in Bengaluru.

Does Kalaari Capital invest in women founders?

Kalaari Capital 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.

Early-stage VC · Seed–Series B · Bengaluru

Kalaari Capital

Formerly Indo-US Venture Partners

Verified by Women Can Startup

Visit website ↗LinkedIn ↗

Snapshot

Firm type: Early-stage VC
Founded: 2006
Headquarters: Bengaluru
Fund / AUM: Fund IV $160M (2020, anchored by Reliance); ~$650M AUM across funds
Typical cheque: $500K – $5M
Geographies: India
Leads rounds: Yes
Last updated: 23 July 2026

About Kalaari Capital

An early-stage, technology-focused firm led by Vani Kola, one of Indian VC's pioneers. It writes first institutional cheques and works closely with founders from seed to Series B, with recent funds leaning into deeptech, SaaS, gaming and AI.

Kalaari Capital is an early-stage vc based in Bengaluru, founded in 2006, investing in India. It backs companies at the Seed, Series A and Series B stages, with a focus on Consumer internet, SaaS, Deeptech, AI and Gaming. Typical cheques run $500K – $5M. It usually leads the rounds it joins.

On fund size, the firm reports Fund IV $160M (2020, anchored by Reliance); ~$650M AUM across funds. Its portfolio includes Dream11, Myntra, Snapdeal, Cult.fit, Urban Ladder and Jumbotail.

Investment focus

Stages

Seed Series A Series B

Sectors

Consumer internet SaaS Deeptech AI Gaming D2C Healthtech

Notable investments

6 of Kalaari Capital’s better-known bets, grouped by sector. Names in coral open the company’s profile or founder story on this site.

Consumer

Snapdeal

Urban Ladder

Gaming

Dream11

D2C

Myntra

Healthtech

Cult.fit

B2B commerce

Jumbotail

How to pitch Kalaari Capital

Practical pointers drawn from what Kalaari Capital says it backs. Always confirm the current focus and process with the firm before you reach out.

They invest at Seed, Series A and Series B. Approach them when your company is with an early product and first signs of traction, through to companies with proven revenue and a plan to scale.
Their focus is Consumer internet, SaaS, Deeptech, AI and Gaming, so lead with why you fit there.
Cheques are typically $500K – $5M, so size your round and ask accordingly.
The strongest way in is a warm introduction, ideally from a founder they have backed, such as Dream11, Myntra and Snapdeal.
You can find the team and their current focus on their website, linked below.

Partner

Vani Kola

Founder & Managing Director

Website & links

Website ↗LinkedIn ↗X ↗

Frequently asked questions

What stage does Kalaari Capital invest at?: Kalaari Capital invests at the Seed, Series A and Series B stages, typically writing cheques of $500K – $5M.
What sectors does Kalaari Capital invest in?: Kalaari Capital focuses on Consumer internet, SaaS, Deeptech, AI, Gaming, D2C and Healthtech.
Which companies has Kalaari Capital invested in?: Notable investments include Dream11, Myntra, Snapdeal, Cult.fit, Urban Ladder and Jumbotail. See the full list on this page.
Who are the partners at Kalaari Capital?: Key people include Vani Kola (Founder & Managing Director).
Where is Kalaari Capital based?: Kalaari Capital is headquartered in Bengaluru.
Does Kalaari Capital invest in women founders?: Kalaari Capital 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.