Decoding Chiratae Ventures’ Near-Two-Decade-Long Journey Across Indian Startup Ecosystem

Deciphering Chiratae Ventures’ Almost Two-Decade Journey in the Indian Startup Scene

Chiratae Ventures, with a portfolio of over 130 companies, proudly counts eight unicorns among its investments. These include well-known names such as Cult.fit (formerly Cure.fit), FirstCry, Flipkart, GlobalBees, Lenskart, Policybazaar, MyGlamm (now Good Glamm Group), and Uniphore.

The firm manages assets worth around $1.2 billion, inclusive of approximately INR 4,000 crore in domestic capital. Currently, they are in the process of raising their Venture Fund V.

Chiratae Ventures has successfully orchestrated over 50 exits from its portfolio of 134 companies. Among these exits, the highest recorded return was nearly 43 times the initial investment.