Asia’s largest Integrated Incubator “Venture Catalysts” sets up $43 mn accelerator fund to support startups

Venture Catalysts is an Asia’s largest & No. 1 Integrated Incubator established in 2016 by Anil Jain and current CEO Apoorv  Ranjan Sharma and in a short span of just two years, it boasts of successful incubates Fynd, Beardo, PeeSafe, Innov8, vPhrase, SuprDaily, DSYH etc. which are today category leaders in India.

 Venture Catalysts provides investment of $500K to $1MN per StartUp with incubation support for 1 year.

Dr. Apoorv Ranjan Sharma, Co-founder and President of Venture Catalysts
Dr Apoorv Ranjan Sharma, Co-founder and President of Venture Catalysts

Venture Catalysts sets up $43 mn accelerator fund to back startups on Aug 1, 2019 to support startups in early stage funding.

Venture Catalysts launches accelerator platform 9Unicorns and on Aug 2, 2019 raised a new fund: 9Unicorns Fund (Rs. 3,000,000,000).

Venture Catalysts invested $68 million in an online vernacular competitive examination preparatory platform Pariksha in Seed Round of funding on 23 July 2019.

Venture Catalysts also invested $10M in Gurgaon, Haryana based StartUp Mobycy in Series A funding round. Mobycy is India’s 1st Dockless Bicycle Sharing App.

Other recent investments are in stratups like Adurcup, Grexter, Ambee, OTO Capita, Hospals, etc.

Venture Catalysts has made 50 investments. Their most recent investment was on Jul 23, 2019, when they invested $68M in Pariksha.

Venture Catalysts structured as sector funds; but prefer companies in

  • IoT
  • E Commerce
  • Fintech
  • Artificial Intelligence
  • Virtual Reality/ Augmented Reality
  • AD & Marketing Tech
  • SaaS
  • Consumer Tech
  • FMCG
  • Healthcare

It is focusing in Tier II, III cities in India to investment and also organizing startups event, incubation programs, and conferences to support StartUps in cities like Ahmedabad, Lucknow, Raipur, Surat and Nagpur besides metros like Delhi, Mumbai, Bangalore and Kolkata.

It is one of the largest early stage players in India with 3000+ angel investors spread across 11 cities in 3 countries – India, Hong Kong & Qatar. Globally, marquee investors such as YCombinator, Greenoaks, Axis Capital, Alpha Capital, Rocketship, FJ Labs (investors of Airbnb, Uber, Facebook) have co-invested with Venture Catalysts.

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