Early stage investor Kae Capital to invest in 10 start-ups

Early stage investor Kae Capital to invest in 10 start-ups

Posted by Naveen on January 11th 2017

Looking at the investing trend in the past year investors and VCs have gone slow in putting their money in start-ups, causing a slowdown. But there is also good news this 2017 with early-stage investor Kae Capital planning to invest in up to 25 companies in the second $30 million fund lifecycle raised in February last year.It will invest the proceeds of the fund in the next two years and plans to double the size of its investments in early-stage start-ups from the current $500,000 to $1 million. The follow-on investment size in Series A and B rounds also will increase from $2.5 million to $4 million.
 
According to Kae Capita MD,Sasha Mirchandani, “the start-up founders are now more focussed on unit economics. Entrepreneurs have become more frugal than before because they realise that raising additional capital will not be easy that & start-up founders are now more focussed on unit economics”.
 
From the maiden fund, Kae has invested in around 25 start-ups, which include HealthKart, an online vendor of health products; educational app Hello English; logistics start-up Porter; and data security firm SysCloud.
 
The second fund has already invested in 10 start-ups in which Kae Capital came in as the first institutional investor. While technology remains the mainstay of all investments by Kae Capital, the investment firm will remain sector-agnostic; it will keep 20% of the fund for B2C (business-to-consumer) non-tech companies.(Source Livemint.comhttp://Livemint.com)

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