wordpress blog stats
Connect with us

Hi, what are you looking for?

Kae Capital raises $30 million in new fund from existing and new investors

Kae Capital

Early stage investor Kae Capital has raised $30 million from existing investors and new investors as part of its second fund, reports Mint. The company will be further raising $10 million soon, founder and managing director Sasha Mirchandani told the publication.

Kae Capital’s second fund has already invested in five startups and the firm will be allocating 10% of the fund for non-tech companies in fast moving consumer goods and manufacturing startups. The report added that Kae will invest the proceeds of the second fund in the next three-five years and plans to double the size of its investments.

So far, it had been investing a ticket size of $500,000 in early-stage start-ups, which will now be increased to $1 million. The follow-on ticket size also will be increased from $2.5 million to $4 million going forward.

Kae Capital raised its maiden $25 million fund in March 2012. Investors in the first fund included venture capital firms Sequoia Capital, SAIF Partners and Omidyar Network; three global fund-of-funds—Axiom, Squadron Capital and Morgan Creek Capital Management.

Kae Capital’s investments over the last year 

– Earlier this month, Kae Capital participated in a $5 million Series A funding for Truebil, an online market place for used cars.

– In July 2015, CultureAlley, a language learning platform, raised $6.15 million in a series A round of funding from Tiger Global Management and participation from 500 Startups and KAE Capital.

– In May 2015, Saas-based customer communications platform Nudgespot raised $650,000 seed funding from Kae Capital, with participation from individual angel investors Anoop Goyal, Mike Shah and VA Sastry.

– In April 2015, online pharmacy 1mg raised funding worth $6 million from Deep Kalra, founder of MakeMyTrip, Sequoia Capital, Omidyar Network, Intel Capital and Kae Capital.

– Dating app TrulyMadly raised Rs 35 crore from Helion Venture Partners and Kae Capital in March 2015.

– In the same month, Daily Rounds, a journal for medical cases and studies, raised seed funding of $500,000 from Kae Capital, Teruhide Sato, founder, Beenos and GSF.

You May Also Like


Paytm has hived off its payment gateway business into a separate entity, Paytm Payments Gateway Service Pvt Ltd, and has infused ₹100 crore worth...


Restaurant aggregator and food delivery company Zomato has raised US$660 million (over ₹4,850 crore), taking its valuation to ₹3.9 billion. CEO Deepinder Goyal tweeted...


The Securities and Exchange Board of India (SEBI) will now allow investors to make UPI payments to purchase public issues of debt securities, it...


The Indian government has amended the internet shutdown rules, formally known as the Temporary Suspension of Telecom Services Rules, to restrict the validity of...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ