Astarc Ventures is a seed fund which aims to partner with new age startups to help them grow into market leaders of tomorrow.
We want to leverage our years of operating business experience across multiple industries and geographies to help startups grow quickly and sustainably.
The fund is managed by an independent team. It is empoweredby a distinguished and "hands on" Advisory team with diverse skills, domain expertise and connects across global tech hubs.While the fund is setup out of Mumbai (India), we work with entrepreneurs spread across all geographies.
Verticals We Invest In
What we look for
Mr. Musale is the Founder and Chairman of Astarc Group, founded in 1987, a diversified group with interests in multiple industries.
Hari Krishnan leads seed investments at Astarc Ventures as the Fund Manager. He has over 12 years of experience, , of which over 6 years as an
Santosh is widely networked across the globe. He has been a serial entrepreneur for over 18 years. He is currently the Co-founder
Dr. Jagmohan S. Raju is currently Joseph J. Aresty Professor of Marketing at The Wharton School of the University of Pennsylvania.
Our extensive 3 decades experience in building businesses in diversified areas, deep connections with several industries, advisors from Silicon Valley and Wharton School of Business, hands on involvement in team building, branding, strategy and further fund raise. Due to the nature of the fund, we do not have external pressures to exit out of the company prematurely and thus aim to support for the company for the long term.
We as a seed fund, invest anywhere from INR 35 Lakhs to 6 Crore ($50k - $1M). We are also very comfortable with co-investments with other institutions and syndicates with other angels.
We are open to invest in any technology/technology enabled business.
We first do a preliminary screening with the founders, after which we evaluate the opportunity in detail with our internal investment committee. Once the startup passes this stage, we take the discussion further and go ahead with the detailed Due-Diligence. While we try our best to close the investment round as fast as possible, the time taken in every deal varies depending on the sector and stage anywhere from 2 weeks to 2 months.
In the early stage of business, we strongly evaluate the team, along with the market size of the business opportunity and the nature of the business Idea.
Pharmeasy raises Rs 111 crore in Series – B RoundClick For Link
Virtual Reality startup Absentia Secures $1.2Mn fundingClick For Link
Wooplr gets $8Mn in Series B round from Sistema Asia Fund and othersClick For Link
Exclusive: Astarc Ventures backs fashion discovery app WooplrClick For Link
Exclusive: Bike taxi app Rapido vrooms with pre-Series A fundingClick For Link
Astarc Ventures invests Rs 6 crore in Foyr.comClick For Link
Astarc Ventures Leads investment in Travel Khana.Click For Link
Virtual Reality startup Absentia raises Rs. 1.2 cr funding from Astarc Ventures, 50K Ventures and other angels.Click For Link
Mr. Salil Musale views on Startups with Bloomberg TV – Rising StarClick For Video Link
401, Krystal Building,
Above Hakkasan, Waterfield Road, Bandra West,
Mumbai, Maharashtra 400050.
+91 22 42443500
+91 22 42443540