Skip to main content

APEX VC Awards: Chiratae Ventures, Blume Ventures, Elevation Capital, Stride Ventures & Alteria Capital judged best funds of 2021

Press Release

Elevation Capital, Chiratae Ventures, Blume Ventures, Stride Ventures and Alteria Capital were voted the top Venture Capital investors in India during 2021. The Venture Intelligence “Awards for Private Equity Excellence” (APEX) is dedicated to celebrating the best that the Indian Private Equity & Venture Capital industry has to offer.




"VCs exist because Entrepreneurs exist and disrupt the ecosystem by creating new businesses. We are very excited to be part of the secular trend of tech disruption that would power India’s journey towards $ 10 Trillion economy over the next decade," said T C Meenakshi Sundaram, Founder & Vice Chairman, Chiratae Ventures, winner of "VC Fund raise of the Year" award. "We wish to thank all our entrepreneurs who have chosen to take funding from Chiratae Ventures and investors who have backed us with funds over the past 15 years in this journey. Congratulations to the entire Chiratae Ventures team and rededicate ourselves to the Start-up and VC industry for another 15 years ."  he added. 

“Thanks Venture Intelligence for the recognition and also a big shout out to well wishers and the ecosystem for voting for us," said Ashish Fafadia, Partner, Blume Ventures, winner of the "Seed VC Investor of the Year" award. "We pride in working on the side of our founders at the early stage and having built our conviction strive to go deeper as the company grows with my Continuity pools of capital.  As India transcends the next level on the start up ecosystem, we will continue to see more and more capital chasing high quality founders originating from India.  Our goal is to continue to be the founders first choice partner through capital to start with and eventually support them with the platform approach.”

"We at Elevation are firm believers in partnering with founders from the earliest stage possible, and working hand-in-hand with them in their zero to one journey. We are thrilled to see that the jury recognized this and we are thankful to them for this award,  said Mukul Arora, Co-Managing Partner, Elevation Capital, winner of "Early Stage VC of the Year" award. "We are convinced that the next decade belongs to India and tech startups are going to play a pivotal role in driving India's growth. There has never been a better time to build a startup in India. We are really excited about the opportunity in front of us, and will continue to partner with founders from day 1, work in the trenches with them and help build phenomenal companies." he added.

"It's an absolute honour for us at Stride to be recognized in this category. Stride has become synonymous with innovative startup financing in India, with Venture debt as an asset class undergoing a slew of transformations to cater to the emerging use-cases of startups across sectors. We are grateful to contribute to the growth story of this thriving ecosystem," said Ishpreet Singh Gandhi, Founder & Managing Partner, Stride Ventures, winner of the "Venture Debt Fund of the Year" award. "We would like to thank founders for giving us an opportunity to be a part of their journey, VC and LPs for giving us their vote of confidence and unwavering support throughout and last but not the least, Venture Intelligence, for recognizing our contributions to the Indian Startup ecosystem, as we aim to continue to Stride forward in times to come." 

Vinod Murali, Co-founder and Managing Partner, Alteria Capital, winner of the "Venture Debt Fund Raise of the Year" award, said “The allocation from domestic institutions as well as savvy family offices towards the innovation economy has been steadily increasing which is very encouraging. The Venture Debt asset class has delivered consistent returns across cycles and is now an integral part of funding rounds which has increased the depth of the market considerably. We thank the team at Venture Intelligence for this recognition as well as all our founders and investors for the trust they have reposed in us through our journey. “

The APEX Awardees are selected based on both Self Nomination by the participating PE-VC firms as well as "crowd sourced" nominations and voting from the Limited Partner, PE-VC and advisory communities. (The main criteria are Exit Track Record, New Fund Raises & Follow-on Funding Rounds for Portfolio Companies).


About Venture Intelligence
Venture Intelligence is India's longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.

Popular posts from this blog

VC Interview: Shailendra Singh of Sequoia Capital India

In a recent interview to Venture Intelligence, Shailendra Singh discussed some of the firm’s newer investments in the early stage segment including in the online payments space, the progress at a few existing portfolio companies and the active role the firm is playing in helping its portfolio companies scale and succeed in India and globally. Prior to joining the firm in 2006, Singh was a strategy consultant at Bain & Company in New York and before that, an entrepreneur in the digital media industry. Venture Intelligence: How does Sequoia go about identifying potential early stage investments in India? Is there anything different you are doing today than, say, a couple of years back? Shailendra Singh: There is a lot more focus on technology investing and early stage investing. In general, as you might remember a few years ago, we were doing primarily growth investing but in the past 18-odd months, we have had a very strong focus on early stage and that’s continuing. In terms

Nasscom announces Short-listed Cos for EMERGE Product Showcase 2010

Software industry association Nasscom has released a shortlist of companies which will be showcased as part of the "EMERGE Product Showcase for 2010" at its Product Conclave 2010 event: Aikon Labs Pvt. Ltd. – A comprehensive idea and initiative management platform that utilizes Web 2.0 and social networking technologies integrated with process management, content management and analytics. The platform helps Enterprises & Academic/Research institutions in tapping ideas from stakeholders in their ecosystem and take them through a stage-gated process to execution. Elina Networks Pvt. Ltd. – Elina creates software based networking and IT management solutions that deliver business continuity and visibility, through robust network security, reliable connectivity, and effective remote IT management. Essentia Soft Solutions – Communities on the Cloud (community as a cloud service) Interviewstreet – Interviewstreet helps you to create your own customized programming tests

PE-VC Investments in 2021 hit all time high of $63 Billion

Press Release: Private Equity - Venture Capital (PE-VC) firms invested a record $63 Billion (across 1,202 deals) in Indian companies during 2021, registering  a 57% rise over the   $39.9 Billion (across 913 deals) invested in the previous year ,  reports  Venture Intelligence , a research service focused on private company financials, transactions, and their valuations. (Note: These figures include Venture Capital type investments, but exclude PE investments in Real Estate). India minted a total of 44 " Unicorn"  companies (VC-funded startups valued at $1 Billion or more)  in 2021, 15 of them during Q4'21. The $23.4 Billion invested into the Information Technology sector dominated list of  Unicorns  accounted for more than 37% of the overall value of PE-VC investments in 2021. The October-December 2021 quarter (Q4'21) saw over $5 Billion (across 25 deals) being invested in such companies.  2021 witnessed eight investments worth $1 Billion or more, led by Flipkart'

LSE Podcast with Apax Founder Ron Cohen

Click Here to download an interesting lecture and interaction (at the London School of Economics) with Ron Cohen , founder of global PE firm Apax Partners. Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of data and analysis on private equity, venture capital and M&A deals in India. View free samples of Venture Intelligence newsletters and reports. Email the author at arun@ventureintelligence.in

PE Investments vault 52% to record $49 Billion during first 9 months of 2021

Press Release Private Equity - Venture Capital (PE-VC) firms invested a record $49 Billion (across 840 deals) in Indian companies during the first 9 months of 2021,  shows data from  Venture Intelligence , a research service focused on private company financials, transactions and their valuations. These figures, which have already surpassed the full year investment total of $39.5 Billion (across 892 deals) in the entire of 2020, represent a 52% increase over the   $32.2 Billion (across 651 deals) in  the first nine months  of 2020. (Note: These figures include Venture Capital type investments, but exclude PE investments in Real Estate). The $20 Billion investments in  Unicorns  (VC-funded startups valued at $1 Billion or more) account for close to 41% of the value pie in 2021 thus far. The July-September 2021 quarter (Q3'21) saw over $10 Billion (across 28 deals) being invested in such companies. India has minted a total of 29 Unicorns   in the first 9 months of 2021 - 13 of which