Latest news with #KettleboroughVC
Entrepreneur
16-07-2025
- Business
- Entrepreneur
Kettleborough VC Launches Second Fund with INR 80 Cr Target
The firm plans to back about 10 companies, issuing initial seed cheques ranging from USD 300,000 to USD 500,000, with significant reserves allocated for follow-on investments. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Kettleborough VC, a solo General Partner venture capital firm founded and led by Nisarg Shah, has announced the launch of its second fund with a target corpus of INR 80 crore. The fund has secured INR 35 crore in its first close, with commitments coming from family offices and successful entrepreneurs across India and the United States. The new fund will continue Kettleborough's strategy of investing early in startups led by seasoned founders. The firm plans to back about 10 companies, issuing initial seed cheques ranging from USD 300,000 to USD 500,000, with significant reserves allocated for follow-on investments. The focus remains on founders who bring over a decade of experience and a strong alignment with the markets they serve. Nisarg Shah, Founder and General Partner at Kettleborough VC, said, "We are extremely disciplined about backing execution journeys only. We invest in founders for whom the venture is the natural culmination of a decade or more of expertise in a specific domain. That's the last straw moment for us—the final convergence of market familiarity, lived experience, and deep networks." Founded in 2021, Kettleborough VC has built a reputation for being a high-conviction, construct-specific fund. The firm claims to have invested in over 30 companies, participated in more than 80 follow-on rounds, and achieved over 10 exits. Its debut fund supported 12 companies, including Zippmat, InPrime, Finhaat, Elivaas, and Sumosave. Notably, Kettleborough was the first institutional backer for nine of them. The fund maintains a sector-agnostic stance, but shows a preference for "Dhandha-first" ventures in financial services, commerce infrastructure, and software platforms. It emphasises founder-market fit, capital efficiency, and execution readiness. "We are now doubling down with Fund II to back about 10 more such companies," Shah added. The firm expects to complete Fund I deployment this quarter and is preparing for its first set of exits in the coming months.
Time of India
16-07-2025
- Business
- Time of India
Nisarg Shah led solo GP VC fund, Kettleborough VC, launches Fund II
Inception capital focussed solo GP venture capital firm, Kettleborough VC , founded and led by seasoned investor Nisarg Shah , has launched Fund II with a target corpus of Rs 80 crore. The fund has already marked its first close at Rs 35 crore with commitments from family offices and successful entrepreneurs from India and US. It is in the process of closing the first few investments in the coming weeks. The new vehicle will carry forward Kettleborough's focused investment philosophy of partnering with deeply experienced founders at the point of venture inception—those who bring over a decade of domain expertise, strategic relationships, and execution readiness to build high-leverage businesses. Since its inception in 2021, Kettleborough VC has carved a distinctive identity in India's venture landscape. Its inaugural fund backed 12 startups including Zippmat, InPrime, Finhaat, Elivaas, Sumosave, Gravity, etc. and was the first institutional fund to commit to 9 of them. These companies reflect Kettleborough's core thesis of investing in founder-led businesses that are execution-first and born from years of category expertise. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cardiologist Reveals: The Simple Morning Habit for a Flatter Belly After 50! Lulutox Speaking on the launch of Fund II, Nisarg Shah, Founder & GP, Kettleborough VC, said, in a statement:'We are extremely disciplined about backing execution journeys only, wherein we invest only in founders for whom the venture is the natural culmination of a decade or more of expertise in a specific domain. That's the last straw moment for us—the final convergence of market familiarity, lived experience, and deep networks. Fund I has shown a clear PMF for this thesis—tracking nearly 2x in just about 3 years from the final close—and we are now doubling down with Fund II to back about 10 more such companies.' With Fund II, Kettleborough VC plans to write initial seed cheques of $300,000–$500,000 and further back them up with meaningful follow-on capital. The fund's strategy is sector-agnostic but has a strong inclination towards 'Dhandha-first' businesses—including financial services (NBFCs, insurance, fintech infrastructure), full stack commerce solutions (B2B commerce, B2C consumer brands), and software platforms (vertical SaaS, agentic AI led platforms)—where strong founder-market fit can translate to sustainable execution and capital efficiency. Live Events
