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Chiratae Ventures

INB2B SaaSAI/MLFintechHealthtechClimateConsumerDeep TechEnterpriseMarketplaces

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Investment thesis

Chiratae Ventures is a leading India-focused technology venture capital firm that backs 'audacious entrepreneurs who leverage technology to build for India and the world.' With $1.3 billion under advisory across seven funds, the firm invests from Seed through Series B+ in companies where technology is a differentiator — not merely an enabler — across ConsumerTech, FinTech, HealthTech, DeepTech, SaaS, ClimaTech, and SpaceTech. Over $300 million of its deployed capital has gone into 60+ DeepTech companies spanning AI, Climate, Healthcare, Medical Devices, Robotics, and SpaceTech. Chiratae's Fund V doubles down on AI, deeptech, healthtech, consumertech, fintech, SaaS, climatetech, and spacetech, while expanding into emerging areas like DefenceTech and Quantum technologies. The firm runs 'Chiratae Sonic,' a seed initiative guaranteeing a 48-hour investment decision on cheques up to $2 million, and 'Chiratae Spotlight,' the largest follow-on funding program in India, reflecting its commitment to partnering with founders from early stage through scale.

Notable quotes

We look for ideas where technology is the differentiator, not just an enabler. The reason why Myntra did so well way before they got acquired is because they put technology in supply chain, delivery and innovated around it.

Karan Mohla · TechCircle interview · 2019-11-27

India today has more than 500 million internet users and many of them are mobile consumers, so it has evolved from a mere e-commerce strategy to content, commerce, and community. We're looking at a combination of consumer brands that are tech-enabled.

Karthik Prabhakar · AVCJ GP Profile

We have an active thesis on these and other large verticals that we have seen from the past, whether it is fintech, SaaS or consumertech and healthtech. We see more and more subsegments emerge, and we plan to go after these as new sectors going forward. Moreover, we will keep evolving and continually adapt to changing trends as new opportunities arise within these segments.

Venkatesh Peddi · Inc42 feature on Chiratae Ventures

Recent investments

CompanyRoundSizeDate
FlipkartEarly Stage2007-01-01
PolicyBazaarEarly Stage2011-01-01
LenskartEarly Stage2012-01-01
FirstCryEarly Stage2010-01-01
Cult.fitSeries A2016-01-01
FibeSeries D2024-05-01
PixisSeries C2024-03-27
GullakSeries A$8m2025-09-24
HouseEazySeries B2025-10-14
PepsalesSeed2025-01-01

Frequent co-investors

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