Helion Venture Partners
AUM - $605 Million
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Helion Venture Partners is one of India’s earliest institutional venture capital firms, founded in 2006 to back technology-led and consumer-focused startups at the early and growth stages. Across three funds, Helion has managed about $600–650 million in capital and built one of the country’s most influential early portfolios. The firm played a formative role in shaping India’s consumer internet and mobile economy, with early investments in Flipkart, Myntra, MakeMyTrip, redBus and BigBasket. Its portfolio has spanned internet platforms, mobile services, enterprise software, financial services, healthcare, education and retail.
Several Helion-backed firms went on to list publicly, including MakeMyTrip on Nasdaq and PubMatic on Nasdaq in the US. Other marquee outcomes include large secondary exits and strategic sales across ecommerce, mobility and digital media.
Helion later developed a close operating alignment with Sequoia Capital India, with significant portfolio overlap and shared senior leadership. As Sequoia Capital India expanded into a multi-billion-dollar venture franchise and was rebranded as Peak XV Partners in 2023 following its split from global Sequoia, Helion ceased operating as an active fund platform. It now functions largely as a legacy vehicle, focused on managing and exiting its residual portfolio.
