Chiratae Ventures

It was wonderful to be a part of this very first Family Office Summit at TGS24! Great sessions! Catamaran

At the Family Office Summit 2024 in Bangalore, at the TiE Global Summit 2024, Jai Rupani, Founder and Chairman of Aikya Connect and Head of Dinesh Hinduja Family Office (DHFO), moderated an engaging conversation around Diversifying Portfolios Through Startups. He was joined by Deepak Padaki, President, Catamaran, Siddhartha Saraf, CIO of Manyavar Family Office and Nitesh Aggarwal, Vice President of MSPL Limited. Here are the key takeaways: 1. Entrepreneurship is the way to create 10-12Mn jobs that India needs, and it is also an excellent avenue for creating returns for family offices. 2. Returns and learnings compound when investing in a startup ecosystem. 3. Many entrepreneurs also approach investors for advice and mentorship, over and beyond capital. Jai Rupani Siddhartha Saraf,CFA,FRM Deepak Padaki Nitesh Aggarwal Sudhir Sethi TCM Sundaram Ritu Bansal Tanvi Dubey Madan Padaki TiE Bangalore #tgs2024 #tieglobalsummit2024

If Sudhir Sethi were to do something in addition to running Chiratae Ventures, he could easily become an equally successful story teller. He is a treasure trove of success stories of Indian entrepreneurs behind companies like Aether Biomedical, AgroStar, Cavli Wireless, Cropin, Curefit - house of cult, FirstCry.com (BrainBees Solutions Ltd.), KBCols Sciences Pvt. Ltd. (Official Account), Lenskart.com, Miko, Minus Zero and others. The list is long. His heart beats for them. It is not only for the money and the trust he has put in them, but also because he in a way shares their passion. He lives their dreams, too, but he is mindful of the fact that he is not the entrepreneur. "The entrepreneur is the entrepreneur," he points out. There are many such life lessons that he has picked up during his eventful journey and interactions with legends like Ashok Soota, Bruno Raschle, Indira Nooyi, John Chambers, Kris Gopalakrishnan, Manish Choksi, Prem Watsa, Ratan Tata and Uday Kotak, amongst others. Watch the complete episode here https://lnkd.in/g_7KXhcR For highlights, click below

Speaking at the Family Office Summit last week in Bangalore, Sudhir Sethi, Founder and Chairman of Chiratae Ventures -"Indian Family Offices have invested in a significant way into startups directly and through Funds Like Chiratae amongst others. Lenskart, Miko, and Firstcry are examples of leader companies which have received significant Family Office investments in their journey to scale to domestic and global leaders."  #tgs2024 #tieglobalsummit2024 Sudhir Sethi TCM Sundaram Ritu Bansal Tanvi Dubey TiE Bangalore Madan Padaki  

Join Ankit Nagori in the season finale of #ForTheLoveofFood This time we are going behind the scenes of building the fastest growing homegrown pizza brand in the country with Olio! Join the conversation with Kshitij B. & Ankit N. on what it takes to go from Zero to Thousands in the competitive world of Pizzas 🍕✨ 🎙️Full Episode Out on Friday, Stay Tuned! #OlioPizza #Curefoods #Podcast #Finale

At the Family Office summit hosted by Chiratae and TiE, Sudhir Sethi, Founder and Chairman, Chiratae Ventures, engaged in an insightful discussion with B V Jagadeesh, Founder and CEO, of KAAJ Ventures, Arihant Patnai, Managing Director, Patni Financial Advisors Pvt Ltd, and Jai Rupani, Founder and Chairman, Aikya Connect and Head, Dinesh Hinduja Family Office. Here are the key insights the panel shared:    1. Investing directly is risky. Family Offices invests in VC funds to reach many more startups and gain diversification benefits. 2. Diversification within funds, some early stage, some late stage, others sector focused, etc., can be the way to go. 3. It is crucial for Family Offices to figure out the purpose of their Family Office purpose when setting it up. 4. Investing in funds can give significant global exposure as well. BV Jagadeesh Arihant Patni Jai Rupani Sudhir Sethi Tanvi Dubey Ritu Bansal Madan Padaki TiE Bangalore  

Yash Gokhroo, CFA and I recently engaged with students from The Tuck School of Business at Dartmouth to delve into the challenges of supply side bottlenecks in Indian Healthcare for the lower to medium income strata in rural areas: - The scarcity of doctors and nurses in rural India poses a significant challenge, with a disproportionate distribution favoring urban regions. - Rural residents seek quality healthcare services that are easily accessible with shorter Turnaround Time (TAT) to minimize disruptions to their daily lives. - There is a growing demand for preventive healthcare services and products in rural India post-Covid, highlighting the need for more accessible options. Our discussion emphasised the potential of technology, particularly AI, in addressing these issues. Implementing AI-driven solutions can enhance diagnostic processes and healthcare accessibility. Moreover, innovative business models focusing on service decentralisation and resource optimisation can elevate the quality and availability of healthcare services in these underserved areas. The insightful session was facilitated by Professor Ramon Lecuona, a clinical professor at Tuck’s strategy group. Many students experienced India for the first time and explored its role in driving growth and innovation across various sectors. We look forward to witnessing these students contribute meaningfully to India's growth story in the future. Wishing them all the best Leen Ajlouni I Nimotallah (Neemah) Muhammadraji, CFA I Charles B. Ayoola Amirali Yousefli I Daniel Mc Farlane Garcés Chiratae Ventures Yash Gokhroo, CFA The Tuck School of Business at Dartmouth #Healthcare #Venturecapital #India #technology

Important Mili-stone: We have raised $2 Million in Seed Funding! ✨ We're excited to share that Mili has raised $2 million, led by Chiratae Ventures and BoldCap. Grateful to Ranjith Menon and Sathya Nellore Sampat for believing in our vision and bringing their deep expertise in enterprise SaaS and AI's transformative potential. What makes this raise special? Some of our earliest believers and beta partners—Kevin Margolis (SFMG Wealth Advisors) and Gregg S. Fisher, CFA® (Quent Capital) —are now investors. Their foresight to see how Mili can enhance their practices and elevate the entire industry is the ultimate validation. Thankful for the continued support from old friends Darshit Vora (Sparrow Capital) and Vaibhav Domkundwar (Better Capital) - your guidance has been instrumental in our journey. In the past year, we've built the most secure meeting assistant for wealth advisors. Now, with this funding, we're ready to expand across the US and transform how advisors work. Exciting times ahead - we're growing our team! Watch this space for opportunities to join our mission. 🚀 #WealthManagement #ArtificialIntelligence #Fintech #WealthTech #Mili https://lnkd.in/g5vFr_g9

🌟 Transformative Learnings from the Chiratae Ventures-CII Masterclass for Family Offices in Coimbatore 🌟 Few weeks ago, I had the privilege of attending the Chiratae-CII Masterclass for Family Offices in Coimbatore organised by CII Centre of Excellence for Innovation, Entrepreneurship and Startups (CIES) It brought together family office representatives, industry leaders, and startup founders to explore the dynamic intersections of wealth management, venture capital, and innovation-driven growth. 🔑 Key Insights from the Sessions 1️⃣ Wealth as a Responsibility Family offices and UHNI's have a dual mission: grow wealth responsibly and ensure it fuels the Indian economy. For example, unlike the Flipkart sale where billions flowed overseas, wealth creation must focus on domestic value addition. 2️⃣ Driving Economic Growth through Innovation Achieving a PCI (Per Capita Income) of $20,000—a hallmark of developed nations—requires India to focus on leveraging technology, IP, and digital systems to solve endemic problems. 3️⃣ The Science of Venture Investing Mr. T.C. Meenakshisundaram, Founder and Vice Chairman of Chiratae Ventures, provided deep insights into venture investing strategies. Alongside Mrs Hema Annamalai (Green Collar Agritech Solutions) and Mr. Shankar Vanavarayar (ABT Industries Ltd.), he shared lessons from their entrepreneurial journeys, emphasizing the opportunities and challenges in supporting startups. 4️⃣ Real Stories of Innovation The founders of Chiratae’s portfolio company Minus Zero showcased how they’re transforming a traditional industry and its ecosystem through their cutting-edge innovations. 5️⃣ Ignorance as a Catalyst for Disruption Many groundbreaking innovations come from those outside the system. Their lack of knowledge about constraints often becomes an advantage, enabling exponential rather than linear thinking. 6️⃣ Startups as Economic Catalysts Startups, particularly those leveraging digital infrastructure, systems, and data, are key to driving India’s growth.85% of post-Series C funding currently comes from foreign investors. Can family offices change this narrative?With 700 active PE and VC funds in India (₹5 Cr to ₹5000 Cr in size), there’s immense opportunity for domestic funding to empower local ventures. 7️⃣ Preventing Regional Brain Drain By fostering innovation and entrepreneurship, family offices and startups can retain local talent and prevent brain drain, ensuring regional development. 🌟 The Road Ahead This masterclass underscored the pivotal role of family offices in supporting startups and driving economic growth. Responsible investments in innovation and technology will not only shape India’s entrepreneurial landscape but also contribute significantly to achieving the $20K PCI milestone. 💡 Food for thought: Can family offices take the lead in redefining India’s funding landscape and driving transformative innovation? DEPARTMENT OF MBA - INNOVATION ENTREPRENEURSHIP AND VENTURE DEVELOPMENT

We are excited to announce that Krishna Kumar, CEO of Cropin, has been selected to join the World Economic Forum's prestigious Steering Committee for the Top 10 Emerging Technologies of 2025! This prestigious recognition underscores Krishna's pivotal role in shaping the global technology discourse. As a member of this influential committee, Krishna will have the unique opportunity to contribute to the identification and evaluation of emerging technologies poised to disrupt industries, attract investment, and achieve significant scale in the years ahead. The World Economic Forum's Top 10 Emerging Technologies report highlights groundbreaking technologies with the potential to significantly influence societies and economies. We are incredibly proud of Krishna and honored to be part of this global initiative. Krishna looks forward to contributing to disruptive technologies that will transform our world. #WEF #EmergingTechnologies #Innovation #Agriculture #Tech #FutureOfFood