The Mumbai-based enterprise capital agency Kay Capital has introduced the appointment of Abhishek Srivastava, beforehand an govt at India Companions, as a basic associate. Moreover, Gaurav Chaturvedi has been elevated to the place of basic associate as nicely.
As per the knowledge obtainable on Srivastava’s LinkedIn profile, he held the place of founding director at Darwinbox and was concerned with Cult Match as a backer by way of India Companions.
The Mumbai-based enterprise capital agency Kay Capital, which has a portfolio that features Zetwork, Porter, Nazara, and Tata 1mg, has made vital modifications to its administration construction. Abhishek Srivastava, beforehand with Endiya Companions, has been appointed as a basic associate, alongside Gaurav Chaturvedi, who has additionally obtained the identical promotion.
Srivastava’s LinkedIn profile reveals that he was the founding director of DarwinBox and an investor in cult.match by way of India Companions. Beforehand, he labored for seven years as an funding skilled at Ventures Tenet Fund, the place he was concerned in vital investments in firms like Mylo, GigForce, Nit, and Hansel.io.
However, Chaturvedi is related to him Kay Capital
Partner since 2018. Previous to that, he floated edtech enterprise ThinkLABS Technosolutions in 2006 and led the startup for 11 years.
Launched in 2012, Kay Capital is a sector-agnostic fund that invests in pre-seed to pre-Sequence A rounds with preliminary test sizes usually between $1 Mn and $3 Mn. It claims to have invested in a complete of 82 startups to this point.
In Could, Bangalore-based jewellery market Eternz Secured $1.15 Mn (approx. INR 9.6 Cr) in pre-seed funding spherical led by Kay Capital. The spherical noticed participation from Gemba Capital and IIMA Ventures, TDV Companions and Enterprise Lab.
In September final 12 months, Kay Capital is closed Its Winners Fund II (KWF II) raised $50 Mn (INR 410 Cr) to co-invest in its portfolio startups of their boost stage funding rounds.
Traders, Velo Companions, VM Thapar Household Workplace, KKR cofounder and co-executive chairman Henry Kravis, 360 One, Healthkart founder Sameer Maheshwari and others infused the fund.