Chiratae Ventures
AUM- $1.3 billion
Topics
News
- India’s AI Summit to Draw World’s Top Tech Leaders This February
- Startups Seek Tax Clarity After SC Ruling Against Tiger Global
- Tata Vows $11 Billion for Innovation City Near Navi Mumbai Airport
- Delhi Police to Deploy AI Smart Glasses With Facial Recognition at Republic Day Parade
- Andhra Weighs Australia-Style Social Media Ban for Under-16s
- L’Oréal to Invest $380 Million in Hyderabad AI Beauty Tech Hub
Chiratae Ventures, formerly IDG Ventures India until its 2018 rebrand, manages $1.3 billion across seven funds with a portfolio of more than 130 companies, 56 exits (including four IPOs), and eight unicorns. The firm has returned about $900 million to its limited partners over the past 13 years. Its sector exposure spans consumer technology, fintech, healthtech, SaaS and deeptech, with early and well-known positions in Myntra, Lenskart, FirstCry, PolicyBazaar, CultFit, Flipkart and Uniphore.
The firm has leaned on a thesis-driven model that combines India’s domestic scale with global-class growth bets. Its investing record has been shaped by early participation in category creators across digital commerce, mobility, insurance marketplaces and enterprise software, supported by successive multi-stage funds. Those funds have been built to follow winners from seed through growth, pairing capital with hands-on operational support.
In 2025, Chiratae remained an active India allocator via Spotlight, a program it says has mobilized close to $1 billion in primary and secondary capital; Chiratae Sonic (its seed accelerator), and direct co-investment alongside late-stage backers. The firm continues to prioritize disruptive, growth-stage companies that can scale in India and expand globally, while signaling that it will keep backing emerging founders in deeptech, consumer internet and AI-native software.
