Leo Capital

Leo Capital is a prominent early-stage venture capital firm with a strategic focus on technology-centric opportunities primarily across India and Southeast Asia. Founded by seasoned entrepreneurs Rajul Garg and Shwetank Singh, the firm leverages its founders' deep operational experience to identify and nurture promising startups. Their investment philosophy centers on backing innovative companies that are poised for significant growth and disruption within their respective markets, aiming to provide not just capital but also strategic guidance and network access.

The firm has demonstrated a consistent trajectory of growth and increasing investment capacity. Leo Capital successfully closed its inaugural fund at $60 million in 2017, quickly establishing its presence in the competitive early-stage landscape. This was followed by a larger second fund, which closed at $100 million in 2021, further expanding their reach and ability to support a broader range of companies. Most recently, the firm announced the final close of its third fund, Leo Capital Fund III, at $125 million in late 2023, signaling strong investor confidence and an enhanced capability to deploy capital into high-potential ventures.

Leo Capital typically targets companies at the Seed, Pre-Series A, and Series A stages, focusing on sectors such as SaaS, fintech, healthcare technology, and consumer internet. For initial investments, the firm generally writes checks ranging from $1 million to $3 million, with a willingness to participate in follow-on rounds as portfolio companies scale. With a portfolio that includes over 30 companies, Leo Capital actively supports its founders through mentorship, strategic partnerships, and assistance with market expansion, aiming to build enduring businesses that drive technological advancement and economic impact in the region.