They are an early stage venture capital fund investing in companies using models built though data science. rocketship.vc is an early-stage venture capital fund investing in companies using models built through data science. While he also said that the third fund is likely to have a larger corpus than the first one, he did not disclose the exact amount. “We are excited about India and want to invest in companies which we call ‘growth outliers’ where the flywheel is spinning, and they are growing quickly,” he added. Fund II is almost fully deployed and we are currently investing out of Fund III,” said, Venky Harinarayan, partner at Rocketship. “One-third of our investments have been in India, one-third in the US, and the remaining in other countries. Through the second fund, the VC firm has invested in over 20 companies, while the remaining capital will be deployed to invest in its existing companies. trello-attachments.s3. edtech Gamified Education Startup Quizizz Is About to Expand in Santa Monica. The VC firm has around 20 Indian startups in its portfolio, including Khatabook, Moglix, NoBroker, Jar, and others. See insights on Rocketship.vc including office locations, competitors, revenue, financials, executives. And its first fund of $40 million was raised in 2015. Rocketship.vc has 13 employees at their 1 location. The latest third fund follows its $100 million second fund which was raised in 2019-20 which was backed by US investors including Vulcan Capital, Adams Street Partners and family offices. Read also – Lightspeed raises $500 mn to invest in India, Southeast Asia Through the new fund, it remains optimistic about investing in the Indian startup ecosystem, which has received nearly a third of its total allocation in the past, roughly equal to its domestic market.Īccording to the company, it will continue to invest in Indian startups, and it did not disclose the size of the average investment size, any target sectors, and how many startups it invested in.
In India, Rocketship continues to see a giant funding alternative in the ‘Bharat’ wave, the place startups are developing with apps or companies to assist individuals who have been historically, a Silicon Valley-based venture capital firm, has raised $125 million in the first close of its third fund. He stated the third fund is more likely to have an even bigger corpus however declined to elaborate.įrom the second fund, it has invested in slightly over 20 firms whereas the remaining capital shall be deployed for follow-on investments in its present firms. “We are excited about India and want to invest in companies which we call ‘growth outliers’ where the flywheel is spinning, and they are growing quickly.” The fresh investment vehicle comes five years after. Fund II is sort of totally deployed and we’re at present investing out of Fund III,” Venky Harinarayan, partner at Rocketship said in an interview. Congratulations to the Rocketship. Silicon Valley-based venture capital (VC) firm Rocketship.vc has announced close of its second fund (Fund II) at USD 100 million (INR 747 crore). “One-third of our investments have been in India, one-third in US, and the remaining in different international locations.
#ROCKETSHIP VC SERIES#
Rocketship started with seed and early-stage investments, earlier than transferring to Series A and B investments.
#ROCKETSHIP VC SERIAL#
Founded by Anand Rajaraman and Venky Harinarayan, both of whom were serial entrepreneurs and have also worked in senior roles across Amazon and Walmart, Rocketship.vc claims to use machine learning and data science to identify and place its bets.
Its $40 million first fund was raised in 2015. Rocketship.vc - built on data science and analytics - marks final close of Fund-II at 100 million. Rocketship, which has made 20 investments in India to this point, has backed startups akin to NoBroker, Khatabook, Moglix, Apna, Teachmint, Quizizz, Jar and Animall. That fund was backed by US buyers, together with Vulcan Capital, Adams Street Partners and the household workplace of Marc Andreessen and Chris Dixon, co-founders of enterprise capital agency Andreessen Horowitz. At Rocketship, you will be part of the team that builds the investment analytics platform, collects and processes startup data and develops and evaluates M. The newest fund follows its $100 million second fund that was raised in 2019-20. With the brand new fund, the VC agency stays bullish about investing in the Indian startup ecosystem, which has in the previous acquired about one-third of its whole allocation, nearly on par with its dwelling market. Founded in 2013, rocketship.vc is a venture capital firm based in Los Altos, California. Silicon Valley-based seed and venture capital fund Rocketship.vc sees a big opportunity in the ‘Bharat’ wave to invest in companies that are serving India’s rural and semi-urban markets where the next 500 million mobile users are going to be added.
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