Anthill Ventures $25 million Global fund for early growth-stage startups

Anthill Ventures $25 million Global fund for early growth-stage startups

Posted by P. Charitha on November 3rd 2017

Anthill Ventures, a Hyderabad-based venture capital and private equity firm, which also has offices in Singapore, plan to launch a new global fund of $25 million, for early growth-stage start-ups .Called the “ Future Lifestyle and Future Enterprises Fund”,  it will be launched  in the first quarter next year. And the plan is to invest in companies, which are principally into changing behaviour of humans and enterprises.
The new fund will be for six years where the entire $25 million will be deployed in three years and start exiting the portfolio from the fourth year onwards. 
Prasad Vanga, founder and chief executive officer of Anthill Ventures said that they are also going to people who can also help startups. We are not targeting just money, he said, adding that they will invest within and outside India. It will look to take local companies outside and vice-versa to support technology or markets.
Anthill has invested across media and entertainment, health and bio, marketplaces, enterprise Saas and fintech.  But if startups come without doing any research or business plan ,  and if the product is not viable and does not meet the needs of the end consumer, it is an alert for us to not invest in them. We invest in growth companies that have attained some scale and have cash flows,” he said.
The fund will be pooled in by family offices, corporate venture funds, C Level executives and founders of startups. Limited Partners (LPs), who invest in such funds, look at returns and also strategic alignments into their businesses. They also get co-investment rights. That means they get to reinvest in that company. They expect an internal rate of return of 30 per cent.Source:Telangana Today


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