The company plans to develop and launch new products for the investor and startup community in the next 12 months.
With a portfolio value of over $4 billion, LetsVenture counts marquee startups in its portfolio such as Dukaan, Khatabook, Sugar Cosmetics, Melorra to name a few. The company saw a significant growth of 120% in the number of deals,
with more than 225 transactions in CY 2021.
“To cater to the needs of emerging investors and founders in line with the government’s vision of creating a digital-first economy and digitising businesses, LetsVenture will launch products and services tailored to the needs of the Indian startup ecosystem to make startup investing, fundraising and running a startup accessible to more people,” the company said in a press release.
Commenting on the product platform and the new brand identity, Shanti Mohan, CEO &
cofounder, LetsVenture said, “ The early-stage ecosystem in India broke all records in India’s private market ecosystem in 2021. In 2022, we are seeing very high-quality startup founders and a surge in the investors now entering this asset class owing to multiple liquidity events such as IPO,
Esop buybacks and more. Increased capital in growth stages is also adding to the confidence in the potential of the Indian startup ecosystem.”
“We believe that to push India further as one of the largest startup ecosystems in the world, technology-led innovation will pave the way to achieve this vision of ours and LetsVenture will be at the forefront of this in the next 5 years,” she added.
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Founded in 2013 LetsVenture is backed by Accel, Chiratae Ventures, Nandan Nilekani, Ratan Tata, Rishad Premji, Mohandas Pai, Sharad Sharma among others.
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