
Chandaria Capital
Description
Chandaria Capital operates as the venture capital arm of the Chandaria Group, a prominent industrial conglomerate with a significant presence across East Africa. Based in Nairobi, Kenya, the fund primarily focuses on early-stage startups, typically at the seed to Series A stages, that demonstrate high growth potential and the ability to scale within the African market. Their investment strategy is deeply integrated with the broader Chandaria Group's extensive network, operational expertise, and market insights, offering portfolio companies not just capital but also strategic support and access to distribution channels.
The firm targets companies that are developing innovative, technology-driven solutions across various sectors, including consumer goods, logistics, and digital platforms, aligning with the Group's diverse business interests. Chandaria Capital aims to identify ventures that can leverage the Group's established infrastructure and market understanding to accelerate their growth and achieve significant impact. This symbiotic relationship allows them to provide value beyond mere financial investment, fostering a collaborative environment for their portfolio companies.
Historically, Chandaria Capital has indicated a typical investment range for its first cheques. Multiple reports from 2018 and 2019, including those from Bizna Kenya and TechMoran, stated that the fund planned to invest between $100,000 and $1 million in promising early-stage ventures. This range positions them as a significant early-stage investor in the East African ecosystem, capable of providing crucial capital for product development, market entry, and initial scaling efforts. Their commitment to fostering local innovation is evident in their strategic approach to supporting the next generation of African businesses.
Investor Profile
Chandaria Capital has backed more than 30 startups, with 1 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in Kenya, United States, Nigeria.
- Strong thematic focus on E-Commerce, Financial Services, FinTech.
- Typical check size: $100K – $1M.
Stage Focus
- Seed (53%)
- Pre Seed (23%)
- Series A (20%)
- Series Unknown (3%)
Country Focus
- Kenya (57%)
- United States (10%)
- Nigeria (10%)
- Pakistan (3%)
- India (3%)
- South Africa (3%)
- Rwanda (3%)
- Egypt (3%)
- Morocco (3%)
- Mexico (3%)
Industry Focus
- E-commerce
- Financial Services
- Fintech
- B2b
- Software
- Information Technology
- Retail
- Finance
- Artificial Intelligence (Ai)
- Saas
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