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Kriscore Capital, a new venture firm focused on early-stage Indian tech startups, has announced the first close of its debut Rs.100 Cr fund (with a provision for an additional Rs.100 Cr greenshoe). With initial commitments of Rs.50 Cr from a curated group of family offices and high net worth individuals, Kriscore plans to partner with 16 – 18 breakout companies that are solving large-scale problems using technology.

The sector-agnostic fund will invest into tech-driven businesses at the pre-seed and seed stages with a bias for exceptional founders building across key trendsin India including (1) Blossoming digital consumer story (2) China+1 supply chain opportunities (3) Global export of India’s premium market, (4) Gen AI powered services, and (5) Net zero 2070. Kriscore has already made its first investment into a stealth-mode startup.

“India’s startup ecosystem is exploding, and Indian founders are building generational global businesses. Apart from technical prowess and team strength, enduring entrepreneurship needs an ecosystem of support - including financial expertise, capital firepower, compliance mentorship, and strategic global connectivity to build exceptional businesses. We invest more than capital – we commit our time, expertise, and passion to help founders build something truly groundbreaking.” says Nilesh Balakrishnan, General Partner of Kriscore Capital.

With a unique team that boasts decades of experience across early-stage VC, investment banking, and financial services - Kriscore Capital will provide value-added services that focus on critical but nonoperational aspects of the Founder journey that are underserved, but essential to derisking early-stage investments. The fund also has an eminent Advisory Board comprising of Mr. D Sundaram (Lead Independent Director, Infosys Ltd), Mr. Shyam Srinivasan (ex-MD & CEO, Federal Bank Ltd), and Mr. Manish Khetarpal (Founding Partner, WaterBridge Ventures) in addition to a strong partner ecosystem of accomplished senior industry professionals to support its investee companies.

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