Kae Capital Ropes In Former Endiya Partners’ Executive Abhishek Srivastava As General Partner

Mumbai-based venture capital firm Kae Capital, which counts Zetwerk, Porter, Nazara and Tata 1mg among its portfolio companies, has strengthened its leadership team, roping in Endiya Partners’ former executive Abhishek Srivastava as general partner and elevating Gaurav Chaturvedi to the same role.

As per Srivastava’s LinkedIn profile, he was the founding director of Darwinbox and Cult.fit backer Endiya Partners for nearly a decade. Prior to that, he worked as an investment professional with Ventureast Tenet Fund for over seven years. Among his notable bets include Mylo, Gigforce, Knit, and Hansel.io.

Chaturvedi, on the other hand, has been associated with Kae Capital as a partner since 2018. Prior to that, he floated an edtech venture ThinkLABS Technosolutions in 2006 and spearheaded the startup for 11 years.

Launched in 2012, Kae Capital is a sector-agnostic fund that invests in pre-seed to Pre-Series A rounds with initial cheque sizes typically ranging between $1 Mn and $3 Mn. It claims to have made total investments in 82 startups so far.

In May, Bengaluru-based jewellery marketplace Eternz secured $1.15 Mn (around INR 9.6 Cr) in a pre-seed funding round led by Kae Capital. The round also saw participation from Gemba Capital and IIMA Ventures, TDV Partners and Venture Lab.

In September last year, Kae Capital closed its Winners Fund II (KWF II) by raising $50 Mn (INR 410 Cr) to co-invest in its portfolio startups in their growth stage funding rounds.

Investors, including Velo Partners, VM Thapar Family Office, KKR cofounder and co-executive chairman Henry Kravis, 360 ONE, HealthKart founder Sameer Maheshwari and a few others infused capital in the fund.