What cheque size does Chiratae Ventures write?

As compiled from public sources: Early to growth-stage; typical checks ~USD 1–10 Mn (varies by fund/stage)

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VC fund (Cat II) · Curated list

Chiratae Ventures

Multi-stage · Fintech · Bengaluru

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Contact on file — shared on accepted request

At a glance

Stage focus: Multi-stage
Primary sector: Fintech
City: Bengaluru
HQ / office: 3rd Floor (A and B Wing), Sobha Pearl 1, Commissariat Road, Bengaluru, Karnataka 560025, India (HQ). Also offices in Mumbai (3rd Floor, WeWork, Enam Sambhav, C-20, G Block, BKC, Mumbai 400051) and Gurugram (5A113, WeWork, Platina Tower, Mehrauli-Gurgaon Rd, A Block, DLF Phase 1, Sector 28, Gurugram, Haryana 122002 — listed on site under "New Delhi").
Fund registered: 2015
Investments on record: 130
Corpus (as reported): ~USD 1.3 billion under advisory across 7 funds (official site, 2026). Largest fund: Fund IV closed at USD 337M (Aug 2021); Fund V second close reported at USD 150M (Entrackr/Indian Startup News). Was ~USD 470M at 2018 rebrand.
Website: www.chiratae.com
LinkedIn: Profile ↗

About

Chiratae Ventures is one of India's largest early-stage technology venture capital firms, founded in 2006 as IDG Ventures India and rebranded to Chiratae Ventures in October 2018. It was co-founded by Sudhir Sethi and T.C.M. (Meenakshi) Sundaram, and invests in tech-enabled startups across consumer, fintech, health-tech, SaaS and deeptech. The firm advises roughly USD 1.3 billion across seven funds and is headquartered in Bengaluru, with offices in Mumbai and Gurugram. Tagline: "Backing The Audacious."

Investment focus

Early-stage / venture (seed to Series A/B, with follow-on). Tech-enabled startups across consumer, fintech, health-tech, SaaS/enterprise, e-commerce, deeptech. Seed program "Chiratae Sonic" (up to USD 2M, 48-hour turnaround); "Chiratae Spotlight" for follow-on funding.

Cheque size

Early to growth-stage; typical checks ~USD 1–10 Mn (varies by fund/stage)

As compiled from public sources — verify with the investor.

SEBI registration

SEBI AIF Category I — Venture capital — reported as “Major VC / Cat I/Cat II”

IN/AIF1/15-16/0174
IN/AIF1/18-19/0637
IN/AIF1/19-20/0667
IN/AIF2/22-23/1079
IN/AIF2/22-23/1255
IN/AIF2/23-24/1258

SIDBI Fund of Funds

On the SIDBI FFS list

Funds: Chiratae Trust; Chiratae Ventures India Fund IV; Chiratae Ventures India Fund V

Yes — on official SIDBI FFS supported-AIF list (Chiratae Trust; Chiratae Ventures India Fund IV; Chiratae Ventures India Fund V)

Notable portfolio

Lenskart; Myntra; FirstCry; PolicyBazaar; Cult.fit / CureFit; Flipkart; AgroStar; Curefoods

Team & organisation

Founders Sudhir Sethi & T.C.M. Sundaram; multiple partners (exact partner count not disclosed on site)

Trust-managed multi-fund Category II AIF (Chiratae Trust domestic AIF + Chiratae Ventures International Fund offshore vehicles); formerly IDG Ventures India

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Frequently asked

What does Chiratae Ventures invest in?: Early-stage / venture (seed to Series A/B, with follow-on). Tech-enabled startups across consumer, fintech, health-tech, SaaS/enterprise, e-commerce, deeptech. Seed program "Chiratae Sonic" (up to USD 2M, 48-hour turnaround); "Chiratae Spotlight" for follow-on funding.
What cheque size does Chiratae Ventures write?: As compiled from public sources: Early to growth-stage; typical checks ~USD 1–10 Mn (varies by fund/stage)
How do I pitch Chiratae Ventures through iHub India?: Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

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About this record

⚑ Rebrand: formerly "IDG Ventures India," renamed Chiratae Ventures in Oct 2018 (legitimate, not fraud). Firm is a PRIVATE VC. Note: development finance institutions are LPs in its funds — British International Investment / CDC Group and IFC committed to Fund IV — but these are limited-partner investors, NOT ownership; the management firm itself is private, not a government/DFI vehicle. No name-collision or fraud-domain concerns identified.

Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.

Sources: https://en.wikipedia.org/wiki/Chiratae_Ventures; https://www.chiratae.com