90+ company portfolio with 3 unicorns (Porter, Zetwerk, InMobi) and 2 IPOs (Fractal Analytics, Nazara Technologies) to date. Combined portfolio value exceeds $7.7B, with over $2B in follow-on capital catalyzed into its companies by other investors. Currently sharpening focus toward AI infrastructure, intelligent automation, manufacturing resilience, and deeptech.
Kae Capital is one of India's pioneering early-stage venture capital firms, founded in 2012 by Sasha Mirchandani, with offices in Mumbai and Bengaluru. The firm is sector-agnostic and typically the first institutional capital into a company, writing checks at pre-seed to pre-Series A across commerce, finance, healthcare, and technology — with a stated thesis of backing founders "when belief matters as much as capital."
Why Kae Capital?
One of India's longest-running early-stage funds (since 2012), predating most peers in this directory. Explicit "systematically undervalued" thesis — deliberately targets sectors mainstream Indian VC has historically ignored (SMB/kirana commerce infrastructure, informal-economy trust rails) rather than chasing consensus categories. Dedicated late-stage "Winners Fund" structure lets it keep backing its own breakout companies well past the initial check, rather than handing them off entirely to later-stage investors.
How to pitch
Pitch via kae-capital.com or reach out to team members directly listed on the site.
Address
7th Floor, 74A&B, Jolly Maker Chambers II, 225, Nariman Point, Mumbai 400021, Maharashtra, Mumbai, Maharashtra
