Business Standard

Chiratae Ventures closes fourth fund at $337mn, oversubscribed by 25%

Chiratae has invested in more than 100 deals since inception in 2006, delivered two IPOs, four unicorns while completing 38 exits with a record 8 consecutive yrs of capital distribution to investors

valuation, start-ups, startups, funding, fundraising, investors, investments, capital
Premium

Over half of Fund IV is from Indian investors including family offices and industrial families from India

BS Reporter Mumbai
Chiratae Ventures announced the closing of its fourth fund at $337 million, which was oversubscribed by 25 per cent.

Over half of Fund IV is from Indian investors including family offices and industrial families from India. Global investors include those from the US, UK, Europe, Japan, and Singapore. Chiratae Venture Funds are ESG compliant.

With a cumulative AUM of approximately $950 million, Chiratae Ventures has invested in more than 100 deals since its inception in 2006, delivered two IPOs, four unicorns while completing 38 exits with a record 8 consecutive years of capital distributions to investors.

CloudCherry, Flipkart, Manthan, Myntra, Newgen, PlaySimple, and

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in