Over the first half of 2022, India saw 78 funds launched or announced, worth a collective $12.3 Bn, according to an Inc42 report. 2020 Rocketship.vc.More results from rocketship. Contact104 1st Street Los Altos, CA 94022. NewsSilicon Valley-based early-stage venture capital firm Rocketship.
#Rocketship vc serial
We wrote the most.A visionary team of leadersAnand Rajaraman is a serial entrepreneur, venture capitalist. The Lightspeed India IV adds to the almost $1.5 Bn investment made by the VC firm in India so far. Our experience as founders, our skills as world-class data scientists, and the largest database of startup activity are at your service. Just yesterday, Lightspeed, another US-based venture capital firm, closed a dedicated fund for India and SEA worth $500 Mn. While Harinarayan said that the third fund is likely to have a bigger corpus than the first close, he did not disclose the exact amount. “We are excited about India and want to invest in companies which we call ‘growth outliers’ where the flywheel is spinning, and they are growing quickly,” he added. Fund II is almost fully deployed and we are currently investing out of Fund III,” Venky Harinarayan, partner at Rocketship said in an interview. “One-third of our investments have been in India, one-third in the US, and the remaining in other countries. It invested in around 20 startups from the second fund. The vc firm also plans to use the remaining capital from the second fund to deploy the same for follow-on investments in its existing companies. It has around 20 Indian startups in its portfolio, including the likes of Khatabook, Moglix, NoBroker and Jar, among others. Rocketship.vc’s last fund came in 2019-20, when it raised $100 Mn for its second fund, while its first fund came in 2015 and was capped at $40 Mn.
#Rocketship vc series
It started out by investing in seed and early-stage startups, before moving on to later stages by investing in Series A and B funding rounds. In the past, the firm has invested about one-third of its total allocation in Indian startups.
The vc firm did not divulge the average ticket size of investments it plans to make, or any target sectors and the number of startups it will invest in. According to a Mint report, Rocketship.vc will continue to invest in Indian startups. The firm is now moving towards investing the raised funds across startups. The firm seeks to invest in companies operating in the B2B marketplace, artificial intelligence software, cloud storage, e-commerce, education, financial software, food, human resource tech, logistic software. The Silicon Valley-based venture capital firm Rocketship.vc has raised $125 Mn in the first close of its third fund. Founded in 2013, rocketship.vc is a venture capital firm based in Los Altos, California. The firm’s last fund came in 2019-20, when it raised $100 Mn for its second fund, while its first fund came in 2015 and was capped at $40 Mn The VC firm has around 20 Indian startups in its portfolio, including the likes of Khatabook, Moglix, NoBroker and Jar, among others Rocketship.vc will continue to invest in Indian startups Please follow this instruction to subscribe: Rocketship brings something different to the table than most Raises $125 Mn In First Close Of Third Fund To have an investing partner with such extensive data science expertise and founder experience, while still offering a network we can leverage in Silicon Valley is really valuable. “Rocketship’s experience in data science is not only key to its investment strategy, but also instrumental in helping our team navigate the challenges of running and scaling a data-driven startup,” Guille Freire from Trocafone commented. “We were honored when they approached us to invest because it validated through data the progress we had made to drive disruption and growth in our market.
The launch of Fund II will enable Rocketship to continue investing globally across different sectors and company stages, and increase the firm’s number of follow-on investments.
The firm’s portfolio companies include Trocafone, NoBroker, Stocard, Moglix, Khatabook, Yulu, Wasabi and Crosschq. Rocketship has invested in 44 companies across seed, A and B rounds, with 46% of investments outside the U.S. We’re excited to be at the forefront of this shift and use our experience to help founders successfully build their companies, regardless of location.” “Our deep data expertise allows us to take a different approach, leveraging data science, technology and analytics to find the best companies anywhere, at any stage, in any market.
As entrepreneurship goes global, firms are recognizing that the traditional Silicon Valley-based networking approach of VC is unable to scale to the new reality of meeting startups wherever they are,” said Sailesh Ramakrishnan of Rocketship. “Venture Capital is undergoing its biggest shift in decades. Recommended AI News: Caldera Launches Caldera WebShop to Support Customers’ Digital Transformation