Early-stage venture capital firm Kae Capital has appointed Abhishek Srivastava as a General Partner, while Gaurav Chaturvedi, a key player at Kae Capital since 2018, has been promoted to the role of General Partner.
“We are delighted to announce the appointment of Abhishek Srivastava as a General Partner at Kae. We have known Abhishek for a while and are delighted that he has agreed to join our partnership. Gaurav has been an integral part of Kae and has contributed immensely to our growth over the past few years. We’re very excited to see Gaurav flourish in his new role,” said, Sasha Mirchandani, Managing Partner, Kae Capital.
Previously, Srivastava served as the Founding Director of Endiya Partners, an early-stage venture capital fund, and as a Principal at early-stage VC Ventureast. His track record includes successful investments in startups like Mylo, Altiushub, and Knit, along with exits from companies such as Steradian, Skinkraft, and ShieldSquare.
“I’m thrilled to join Kae, a category leader in institutionalising pre-seed investments as first-round operator VCs. With a commitment to fostering innovation, spotting early waves, and delivering a strong track record, Kae has always been at the forefront of venture capital,” said Srivastava.
Chaturvedi joined Kae Capital in 2018 and with his deep expertise in enterprise software and B2B startups, has been a cornerstone of Kae’s success. He has invested in notable companies such as Zetwerk, Disprz, Hiver, SuperAGI, Hatica, and Zyla Healthcare.
“The Indian tech ecosystem is at an inflection point, and the next few decades are India’s decades. At Kae, we believe this is a great time to build generational companies from India. As always, Kae will look forward to being the first backer and an all-weather partner to founders building category-defining businesses,” Chaturvedi said.
Founded in 2012, Kae Capital is a sector-agnostic pre-seed institutional fund. Kae Capital manages approximately $250 million in capital.
Kae Capital has invested in over 85 startups, including healthtech startup HealthKart, logistics tech company Porter, gaming giant Nazara, contract manufacturing startup Zetwerk, proptech startup Square Yards, online pharmacy platform Tata 1mg and gold loan startup Rupeek.
Kae is actively deploying capital from its Fund 3, having already made investments in companies such as Foxtale, Traya, Super AGI, and Hatica, among others. The fund’s portfolio is a mix of B2B and B2C startups. The fund raised ₹410 crore for the close of its Winners Fund II in September 2023 and added that it plans to invest in about 20 startups as part of this fund.
