
Kae Capital
Description
Kae Capital is a prominent early-stage venture capital firm based in Mumbai, India, established in 2012 by Sasha Mirchandani. The firm positions itself as a sector-agnostic investor, primarily focusing on technology-led businesses that present innovative solutions to existing market inefficiencies and gaps. Their investment philosophy centers on identifying promising startups from the Seed to Series A stages, providing crucial early capital and strategic support to help them scale.
Over the years, Kae Capital has demonstrated a consistent growth in its investment capacity. The firm has successfully raised three funds, with their latest, Fund III, targeting a substantial $100 million. This marks a significant increase from their previous funds, Fund I which was approximately $25 million, and Fund II at around $50 million, reflecting their expanding influence and commitment to the Indian startup ecosystem. Typically, Kae Capital deploys first cheques ranging from $500,000 to $5 million, with the flexibility to provide follow-on investments as their portfolio companies mature and raise subsequent rounds.
Kae Capital boasts a robust portfolio of over 80 companies across diverse sectors such as FinTech, SaaS, Healthcare, Consumer, and Deep Tech. Their track record includes several successful exits, notably Myntra (acquired by Flipkart), Porter, and HealthKart, underscoring their ability to pick winning ventures. Beyond capital infusion, Kae Capital is known for its hands-on approach, offering strategic guidance, mentorship, and access to a vast network of industry experts and potential partners, thereby fostering the growth and success of its portfolio companies.
The firm's long-term vision is to continue backing disruptive Indian startups that leverage technology to create significant impact. Their commitment to supporting founders through various growth phases, combined with a keen eye for innovation, solidifies Kae Capital's position as a key player in India's dynamic venture capital landscape, contributing significantly to the nation's burgeoning entrepreneurial ecosystem.
Investor Profile
Kae Capital has backed more than 44 startups, with 6 new investments in the last 12 months alone. The firm has led 6 rounds, about 14% of its total and boasts 17 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in India, United States.
- Strong thematic focus on Software, E-Commerce, Artificial Intelligence (AI).
- Led 3 rounds in the past year.
- Typical check size: $500K – $5M.
Stage Focus
- Seed (27%)
- Series A (23%)
- Series B (14%)
- Series C (14%)
- Angel (7%)
- Pre Seed (5%)
- Series D (5%)
- Series Unknown (2%)
- Series G (2%)
- Series E (2%)
Country Focus
- India (77%)
- United States (20%)
Industry Focus
- Software
- E-commerce
- Artificial Intelligence (Ai)
- B2b
- Marketplace
- Enterprise Software
- Consumer Goods
- Manufacturing
- Mobile
- Retail
Frequently Asked Questions
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