VC fund (Cat II) · Curated list
Iron Pillar
Growth (Series C+) · IT / SaaS / Enterprise Software · Bengaluru
At a glance
- Stage focus
- Growth (Series C+)
- Primary sector
- IT / SaaS / Enterprise Software
- City
- Bengaluru
- HQ / office
- Mumbai office (IP Venture Advisors Pvt Ltd): Office 02B105, WeWork Vaswani Chambers, 264-265, Dr Annie Besant Road, Worli, Mumbai 400025. Other listed offices: Bangalore, Dubai, Palo Alto.
- Fund registered
- 2016
- Investments on record
- 8
- Corpus (as reported)
- ~US$500 million total AUM (as of ~April 2023); latest fund (venture-growth fund focused on global cloud software companies from India) closed at US$129 million in April 2023.
- Website
- ironpillarfund.com
- Profile ↗
About
Iron Pillar is an India-focused venture-growth investment firm founded in 2016 that backs technology companies (largely B2B SaaS/cloud) building from India for the world, helping them scale from ~$10M to $100M+ in revenue. It is led by Managing Partner Anand Prasanna, with partners including Mohanjit Jolly, Ashok Ananthakrishnan, Ashish Shah (Partner & COO), Raj Chinai and Sajid Fazalbhoy. The firm manages nearly US$500M across funds, with offices in Mumbai, Bangalore, Dubai and Palo Alto.
Investment focus
Venture-growth stage (leads Series B/C; helps scaling companies grow from ~$10M to $100M+ revenue and doubles down 5x-10x on breakouts). Sectors: enterprise/B2B SaaS, cloud infrastructure, cybersecurity, DevOps, automation/AI; also selective consumer/foodtech.
Cheque size
USD 10M-USD 50M (leads Series B/C/D rounds in Indian tech companies)
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category II — reported as “Major VC / Cat II”
- IN/AIF2/16-17/0265
- IN/AIF2/21-22/0989
- IN/AIF2/26-27/2161
SIDBI Fund of Funds
On the SIDBI FFS list
Funds: Iron Pillar India Fund II
Yes — on official SIDBI FFS supported-AIF list (Iron Pillar India Fund II)
Notable portfolio
Uniphore; BlueStone; FreshToHome; Servify; CureFoods; CoreStack; Ushur; Pando
Team & organisation
~6 partners (Anand Prasanna - Managing Partner; Mohanjit Jolly; Ashok Ananthakrishnan; Ashish Shah; Raj Chinai; Sajid Fazalbhoy), ~17-strong core team plus advisors
Multi-entity manager (IP Venture Advisors Pvt Ltd Mumbai / AMA Growth Advisors LLP Bengaluru / Iron Pillar Holdings Ltd Mauritius) running SEBI-registered Category II AIF (Iron Pillar India Fund) plus offshore feeder; offices Bangalore, Mumbai, Dubai, Palo Alto
Connect through iHub India
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Frequently asked
- What does Iron Pillar invest in?
- Venture-growth stage (leads Series B/C; helps scaling companies grow from ~$10M to $100M+ revenue and doubles down 5x-10x on breakouts). Sectors: enterprise/B2B SaaS, cloud infrastructure, cybersecurity, DevOps, automation/AI; also selective consumer/foodtech.
- What cheque size does Iron Pillar write?
- As compiled from public sources: USD 10M-USD 50M (leads Series B/C/D rounds in Indian tech companies)
- How do I pitch Iron Pillar 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
- ⚑ Later/growth-stage investor (leads Series B/C and venture-growth), NOT an early-stage seed VC — likely a poor fit for early-stage acceleration/seed mandates. Private VC, not government/DFI. Email is a generic investor-relations inbox, not a partner/team-specific address. Note: ironpillar.com (without "fund") is NOT the official site; official domain is ironpillarfund.com. A [contact on file] pattern surfaces only on third-party scraper sites (e.g. RocketReach) — unverified, do not use.
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://www.ironpillarfund.com/team; https://inc42.com/buzz/iron-pillar-fund/