
Indus Valley Capital
Description
Indus Valley Capital is a prominent early-stage venture capital firm dedicated to fostering the burgeoning technology ecosystem in Pakistan. Founded by Aatif Awan, a former LinkedIn and Facebook executive, the firm leverages deep operational experience and a strong global network to support promising startups. Its core mission revolves around identifying and investing in companies that are poised to transform industries and serve the rapidly growing digital population within Pakistan, focusing on solutions tailored for the next 100 million internet users in the region.
The firm has successfully raised two significant funds to date, underscoring its commitment to the Pakistani market. Its initial fund, launched in 2020, closed at $17.5 million, providing crucial early capital to a nascent startup scene. Building on this momentum, Indus Valley Capital secured a second fund of $30 million in 2022, demonstrating increased investor confidence in both the firm's strategy and the potential of Pakistan's digital economy. This capital enables the firm to continue its thesis-driven approach, targeting Seed and Series A rounds for high-growth potential ventures.
Indus Valley Capital typically deploys initial checks ranging from $500,000 to $1.5 million, reflecting its focus on providing substantial early-stage capital to help startups scale. As of late 2022, the firm had already backed over 20 startups, contributing significantly to the development of diverse sectors within Pakistan's tech landscape, including fintech, e-commerce, and logistics. Beyond capital, the firm actively supports its portfolio companies with strategic guidance, talent acquisition, and access to its extensive network of mentors and industry experts, aiming to build sustainable, market-leading businesses.
Investor Profile
Indus Valley Capital has backed more than 20 startups, with 2 new investments in the last 12 months alone. The firm has led 12 rounds, about 60% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in Pakistan, United States.
- Strong thematic focus on Marketplace, E-Commerce, B2B.
- Led 1 rounds in the past year.
- Typical check size: $500K – $1.5M.
Stage Focus
- Seed (60%)
- Series A (20%)
- Pre Seed (15%)
- Series B (5%)
Country Focus
- Pakistan (70%)
- United States (25%)
Industry Focus
- Marketplace
- E-commerce
- B2b
- Retail
- Logistics
- Delivery
- E-learning
- Corporate Training
- Information Technology
- Software
Frequently Asked Questions
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