Kriscore Capital, a newly launched venture firm focusing on early-stage Indian tech startups, has announced the first close of its maiden ₹200 crore fund, with an initial corpus of ₹100 crore and a provision for an additional ₹100 crore greenshoe.
The fund has secured an initial commitment of ₹50 crore from a curated group of family offices and high-net-worth individuals.
Kriscore plans to partner with 16 – 18 breakout companies that are solving large-scale problems using technology. The sector-agnostic fund will invest into tech-driven businesses at the pre-seed and seed stages with a bias for exceptional founders building across key trends in India, including digital consumer story, China+1 supply chain opportunities, global export of India’s premium market, Gen AI-powered services, and net zero 2070.
Kriscore has already made its first investment in a stealth-mode startup.
“India’s startup ecosystem is exploding, and Indian founders are building generational global businesses. Apart from technical prowess and team strength, enduring entrepreneurship needs an ecosystem of support – including financial expertise, capital firepower, compliance mentorship, and strategic global connectivity to build exceptional businesses. We invest more than capital – we commit our time, expertise, and passion to help founders build something truly groundbreaking,” said Nilesh Balakrishnan, General Partner of Kriscore Capital.
