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Kae Capital

Asia, Maharashtra, India, Mumbai

Description

Kae Capital is a prominent early-stage venture capital firm based in Mumbai, India, established in 2012 by Sasha Mirchandani. The firm positions itself as a sector-agnostic investor, primarily focusing on technology-led businesses that present innovative solutions to existing market inefficiencies and gaps. Their investment philosophy centers on identifying promising startups from the Seed to Series A stages, providing crucial early capital and strategic support to help them scale.

Over the years, Kae Capital has demonstrated a consistent growth in its investment capacity. The firm has successfully raised three funds, with their latest, Fund III, targeting a substantial $100 million. This marks a significant increase from their previous funds, Fund I which was approximately $25 million, and Fund II at around $50 million, reflecting their expanding influence and commitment to the Indian startup ecosystem. Typically, Kae Capital deploys first cheques ranging from $500,000 to $5 million, with the flexibility to provide follow-on investments as their portfolio companies mature and raise subsequent rounds.

Kae Capital boasts a robust portfolio of over 80 companies across diverse sectors such as FinTech, SaaS, Healthcare, Consumer, and Deep Tech. Their track record includes several successful exits, notably Myntra (acquired by Flipkart), Porter, and HealthKart, underscoring their ability to pick winning ventures. Beyond capital infusion, Kae Capital is known for its hands-on approach, offering strategic guidance, mentorship, and access to a vast network of industry experts and potential partners, thereby fostering the growth and success of its portfolio companies.

The firm's long-term vision is to continue backing disruptive Indian startups that leverage technology to create significant impact. Their commitment to supporting founders through various growth phases, combined with a keen eye for innovation, solidifies Kae Capital's position as a key player in India's dynamic venture capital landscape, contributing significantly to the nation's burgeoning entrepreneurial ecosystem.

Investor Profile

Kae Capital has backed more than 44 startups, with 6 new investments in the last 12 months alone. The firm has led 6 rounds, about 14% of its total and boasts 17 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in India, United States.
  • Strong thematic focus on Software, E-Commerce, Artificial Intelligence (AI).
  • Led 3 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (27%)
  • Series A (23%)
  • Series B (14%)
  • Series C (14%)
  • Angel (7%)
  • Pre Seed (5%)
  • Series D (5%)
  • Series Unknown (2%)
  • Series G (2%)
  • Series E (2%)

Country Focus

  • India (77%)
  • United States (20%)

Industry Focus

  • Software
  • E-commerce
  • Artificial Intelligence (Ai)
  • B2b
  • Marketplace
  • Enterprise Software
  • Consumer Goods
  • Manufacturing
  • Mobile
  • Retail
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Kae Capital frequently co-invest with?

Blume Ventures
Asia, Maharashtra, India, Mumbai
Co-Investments: 3
Info Edge ventures
Asia, Uttar Pradesh, India, Noida
Co-Investments: 4
growX ventures
Asia, Delhi, India, New Delhi
Co-Investments: 4
Mumbai Angels
Asia, Maharashtra, India, Mumbai
Co-Investments: 3
Peak XV Partners
Asia, Karnataka, India, Bengaluru
Co-Investments: 7
Accel
North America, California, United States, Palo Alto
Co-Investments: 8
Greenoaks
North America, California, United States, San Francisco
Co-Investments: 4
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 4
Tekton Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Omidyar Network
North America, California, United States, Redwood City
Co-Investments: 3

Which angels does Kae Capital often collaborate with?

Shared Deals: 1
BR
North America, California, United States, San Francisco
Shared Deals: 1
BF
North America, Washington, United States, Seattle
Shared Deals: 1
Shared Deals: 1
KG
North America, New Jersey, United States, Marlboro
Shared Deals: 2
Anupam Mittal
Asia, Maharashtra, India, Mumbai
Shared Deals: 2
Rajesh Yabaji
Asia, Karnataka, India, Bengaluru
Shared Deals: 2
MS
North America, Georgia, United States, Atlanta
Shared Deals: 1
AG
North America, California, United States, Palo Alto
Shared Deals: 1
BP
North America, Washington, United States, Seattle
Shared Deals: 1

What are some of recent deals done by Kae Capital?

Enerzolve Smart Technologies

Bengaluru, Karnataka, India

ENERZOLVE develops embedded systems, power electronics, magnetics, energy storage, cybersecurity, and sources critical components for OEMs.

Cyber SecurityEnergyIndustrial Automation
SeedJan 21, 2026
Amount Raised: $5,100,000
Arkahub

Bengaluru, Karnataka, India

Arkahub offers residential solar solutions tailored for Indian homes, focusing on premium panels, seamless installation, lifetime support.

EnergyHome ServicesRenewable EnergySolar
SeedJan 21, 2026
Amount Raised: $2,000,000
SuperLiving

Bengaluru, Karnataka, India

SuperLiving is a lifestyle-tech platform designed for Bharat that aims to make everyday life more attentive and supportive.

FitnessWellness
SeedJan 20, 2026
Amount Raised: $2,000,000
PowerUp Money

Bangalore, Karnataka, India

PowerUp Money is a financial technology firm that provides a digital platform for mutual fund investment advisory and portfolio management.

FinanceFinancial ServicesFinTech
Series ADec 22, 2025
Amount Raised: $11,995,925
KNOT

Bengaluru, Karnataka, India

KNOT is a rapidly expanding quick commerce fashion platform.

FashionRetail
Series ADec 10, 2025
Amount Raised: $5,000,000
Quickads

Singapore, Central Region, Singapore

Artificial Intelligence, Advertising Services, AI-Ad Generator, Effortless Ads, AI Ads

AdvertisingAdvertising PlatformsArtificial Intelligence (AI)Creative AgencyDigital MarketingMarketingMarketing AutomationSocial Media AdvertisingSocial Media Marketing
SeedNov 4, 2025
Amount Raised: $1,700,000
Eternz

Bangalore, Karnataka, India

Eternz operates as a jewellery marketplace.

JewelryRetail
SeedOct 8, 2025
KNOT

Bengaluru, Karnataka, India

KNOT is a rapidly expanding quick commerce fashion platform.

FashionRetail
SeedJul 16, 2025
Amount Raised: $3,000,000

PowerUp offers unique asset classes to invest in and helps users in getting better with their money.

Finance
SeedJun 11, 2025
Amount Raised: $7,100,000
LoanTap

Pune, Maharashtra, India

LoanTap is an online platform committed to deliver flexible loan products to salaried professionals.

Financial ServicesFinTechLendingSoftware
Series CJun 5, 2025
Amount Raised: $6,300,000

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