Chiratae Ropes In Saharsh Sharma As VP Of Investments

Chiratae Ropes In Saharsh Sharma As VP Of Investments

SUMMARY

With this appointment, Sharma will lead investments across the Northern India region, the VC firm said in a LinkedIn post

Additionally, he will focus on deal flow across seed to Series B funding rounds, sub-sectors, portfolio management, LP engagement, divestments and other strategic initiatives for the firm

Prior to this, Sharma served as the assistant vice president at Orios Venture Partners, where his 5-year-tenure ended in 2024

VC firm Chiratae Ventures

Chiratae Ventures


Headquarter
Bengaluru
Founded Year
2006
Investments
$2.63 Bn+
has roped in Orios Venture Partners’ Saharsh Sharma as the vice president of investments.

With this appointment, Sharma will lead investments across the Northern India region, the VC firm said in a LinkedIn post. 

Additionally, he will focus on deal flow across seed to Series B funding rounds, sub-sectors, portfolio management, LP engagement, divestments and other strategic initiatives for the firm.

Prior to this, Sharma served as the assistant vice president at Orios Venture Partners, where his 5-year-tenure ended in 2024.

Sharma announced his departure from the company in December 2024.

He also worked with notable players, including Ola and RIVIGO. It is pertinent to note that Sharma founded the healtech platform Haplo Health in 2017.

This appointment comes at a time when Chiratae Ventures is facing challenges legally. A few days ago NestAway’s cofounder and former CEO Amarendra Sahu filed a criminal case against its investors including Tiger Global, Goldman Sachs, Chiratae Ventures, as well as cofounders Jitendra Jagadev and Smruti Parida for committing fraud during the sale of the company.

It is pertinent to note that the home rental platform was sold in a fire sale back in 2023. 

In August 2024, the VC firm announced the third cohort of its flagship seed investment programme Chiratae Sonic. The programme targets early stage startups operating in sectors like deep tech, generative AI, climate tech and manufacturing tech and looking to raise up to $2 Mn in funding.

Founded by Sudhir Sethi and TC Meenakshisundaram in 2006, Chiratae Ventures claims to have  invested in more than  130 startups, of which 8 have turned unicorn and 4 have gone public via an IPO. Some of its early bets include names such as Myntra, MyGlamm and GlobalBees.

Chiratae Ventures’ portfolio includes notable companies like  Flipkart, Lenskart and Policybazaar.