Synopsis
India Quotient, a seed-to-early-stage venture capital fund, has successfully raised $129 million for its fifth fund. The firm also announced the elevation of Kanika Agarrwal and Sahil Makkar to partner roles, strengthening its leadership team. Known for early investments in companies like ShareChat and Sugar Cosmetics, India Quotient continues its focus on supporting emerging businesses.
Company ImagesThe firm also elevated Kanika Agarrwal and Sahil Makkar as partners. They will join Anand Lunia, Madhukar Sinha, and Gagan Goyal on the leadership team.
The seed-to-early-stage venture capital firm was among the first investors in ShareChat, Sugar Cosmetics, Lendingkart, Kuku FM, and Vyapar.
In June 2021, the venture capital firm made the first close of $64 million for its fourth fund from domestic investors, including Flipkart cofounder Binny Bansal, Paytm’s founder Vijay Shekhar Sharma and Makemytrip cofounder Deep Kalra, aiming to build a corpus of $80 million in total.
as a Reliable and Trusted News SourceElevate your knowledge and leadership skills at a cost cheaper than your daily tea.
Subscribe Now