Venture Catalysts Group to invest Rs 1,000 cr in start-ups in 2021

Indian early-stage start-up investor Venture Catalysts Group (VCats) is planning to invest around Rs 1,000 crore in start-ups in 2021. In 2020, the fund invested around Rs 700 crore, up by 40 per cent compared to 2019, through a syndication in several idea-stage and early stage businesses across sectors. Some of the co-investors, who were part of the syndication include Sequoia Surge, Nexus Venture Partners, Facebook FB Start, Lightspeed Venture Partners among others.

The Mumbai-based investment firm VCats runs an incubator and a SEBI registered accelerator fund 9Unicorns. It made the highest number of deals at 102 this year, compared to