All In Capital, a Mumbai-based venture capital firm, today announced the opening of a $10 million fund for early-stage entrepreneurs. In pre-seed and seed financing rounds, the sector-agnostic fund will invest between $100K and $500K. It focuses mostly on Indian startups that are developing products and services for both India and the rest of the globe. In the next three years, the fund will invest in 75-100 businesses, averaging 25-30 firms per year. It will also invest in its portfolio firms’ follow-on rounds.
The fund collaborates closely with several entrepreneurs, such as Farid Ahsan of ShareChat, Aprameya of Koo, Vidit and Sanjeev of Meesho, Pawan, Jamil, and Abhishek of Fashinza, Deepak of Mindtickle, Farooq and Harsh of Fynd, Harpreet of Cocubes.com, Varun of Licious, Srikrishnan of Rocketplane, Pushkar, and Amit of LetsTransport
These business owners will assist All In Capital in locating startups for funding. They will also provide cash infusion, networking, and coaching to its portfolio firms.
About All in Capital
All In Capital is an equity firm founded by Kushal Bhagia and Aditya Singh in January 2022. The founding team has a long history of working in the investing industry. For almost a decade, Bhagia has walked in the shoes of an entrepreneur. BITS Goa hostel room, Nayi Disha Studios, and First Cheque are just a few of his ventures.
Singh, on the other hand, has made more than 50 angel investments so far. He was the founder of Bookmyforex.com, which was bought by MakeMyTrip, as well as a startup BD at Amazon and a founding principal of Stride Ventures India’s venture debt fund.
So far, All In Capital has invested in five firms. Three of the companies – MeetRecord, Spiti.xyz, and Suitable.ai – have received cash injections of up to $100,000 apiece, while the other two are still in the works. The venture capital fund has so far invested in firms in the B2B marketplace, SaaS, fintech, gaming, and consumer internet sectors.
A spate of venture capital funds has recently been launched to help India’s startup ecosystem. Anicut Capital, a venture capital firm, has raised INR 110 crore for its INR 500 crore Anicut Opportunities Fund I. The fund would write checks in the range of $2 million to $5 million to 10-15 growth-stage companies.
Sanjay Nayar, a serial investor, and KKR advisor, launched a venture capital fund in early June to invest in 10 early-stage firms in the consumer tech, fintech, and SaaS industries.
In May, the Mark Zuckerberg-led Meta partnered with Kalaari Capital, a venture capital firm, to help Indian businesses by providing business skilling support. Meta’s commitment to supporting Indian entrepreneurs and SMEs included the partnership.
Arkam Ventures closed its first fund in April, raising $106 million (INR 790 Cr). Institutional investors such as British International Investment Plc, Nippon India Digital Innovation, and Evolvence Group contributed to the VC fund.