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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.

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