Kriscore plans to partner with 16 – 18 breakout companies that are solving large-scale problems using technology.
FinTech BizNews Service
Mumbai, May 15, 2025: Kriscore Capital, a new venture firm focused on early-stage Indian tech startups, has
announced the first close of its debut Rs100 Cr fund (with a provision for an additional Rs100 Cr
greenshoe). With initial commitments of Rs50 Cr 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 (1)
Blossoming digital consumer story (2) China+1 supply chain opportunities (3) Global export of
India’s premium market, (4) Gen AI powered services, and (5) Net zero 2070. Kriscore has
already made its first investment into 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.” says Nilesh
Balakrishnan, General Partner of Kriscore Capital.
With a unique team that boasts decades of experience across early-stage VC, investment
banking, and financial services - Kriscore Capital will provide value-added services that focus on
critical but non-operational aspects of the Founder journey that are underserved, but essential
to derisking early-stage investments. The fund also has an eminent Advisory Board comprising
of Mr. D Sundaram (Lead Independent Director, Infosys Ltd), Mr. Shyam Srinivasan (ex-MD &
CEO, Federal Bank Ltd), and Mr. Manish Khetarpal (Founding Partner, WaterBridge Ventures)
in addition to a strong partner ecosystem of accomplished senior industry professionals to
support its investee companies.
With initial commitments of Rs50 Cr Kriscore plans to partner with 16 – 18 breakout companies that are solving large-scale problems using technology
