Windrose Capital declared the initial close of “The Next Billion Fund” which will invest up to $30 Million in early-stage high growth start-ups across India. Windrose Capital is spearheading the Venture Capital industry in Pune, with “The Next Billion Fund” being the 1stregulated VC Fund from the city. In a short span of time since the fund launch, Windrose Capital has already made investments in multiple start-ups from the financial services, healthcare logistics, and the AI-based data insights space. The firm is in advanced talks with over a dozen more companies from different sectors and will be looking to complete several more investments before the end of this quarter.
Windrose Capital believes that India is on the cusp of a transformation as its economy leapfrogs from the Industrial Age to the Information Age. The firm strongly believes that this change will be driven by start-ups, and seeks to enable their founders to drive it. Mr. Rohit Goyal- Managing Partner of Windrose Capital said, “We exist to serve this opportunity by enabling potential Indian unicorns to arrive on the global stage.” Windrose Capital is also providing a unique opportunity to UHNIs in India by enabling them to become a part of this tremendous economic transformation. It continues to forge and strengthen partnerships with various start-up ecosystem players.
With its follow on investment in Nivesh.com- A mass-market mutual fund distributor for the underserved population of Tier-2 & 3 cities, Windrose Capital has taken another step towards enabling start-ups championing financial inclusion. Windrose Capital also entered the Healthcare- Logistics sector with its investment in Biddano, a company that is organizing and transforming the extremely fragmented logistics of the healthcare industry using tech-driven models. Paper.VC, a high technology data services start-up also received its seed investment from The Fund.
Windrose Capital has a disciplined and thesis-driven investment strategy with a deep lens on sectors it understands and on ideas that have a wide margin to succeed. Over the years, the firm has built an impeccable record with numerous investments in companies such as Idea Forge, Nivesh.com, Favcy, Precily and various others. Windrose Capital has also made multiple successful exits and continues to co-create value with entrepreneurs for all stakeholders of the growing ecosystem.
As an entrepreneur-led Fund, Windrose Capital has a ‘Founder First’ approach towards investments, which is instrumental for working closely with start-up founders to enable them in their journey and help them stay focused on their mission. Goyal added, “An investment from us is about more than just capital. We bring to businesses our operational expertise, a focused group of hands-on entrepreneurial advisors, and a supportive community. Windrose capital will allow you to focus on what you do best: go ahead and create value.”