HomeNewsRise Capital launches operations in India

Rise Capital launches operations in India

Reader's Pick

San Francisco-based Rise Capital, founded by Nazar Yasin (Ex- Tiger Global and Goldman Sachs) has announced its entry into the Indian startup ecosystem.

Rise Capital, which is known for investing in emerging economies like LatAm, MENA, SEA, and Africa, will be investing in India through its global fund III.

“India has already become the 3rd largest startup ecosystem globally, Rise Capital believes that India’s growth story is still in its early innings and has the potential to experience significant further growth in the coming years. The VC fund believes that tech startups in India will create well over $1 trillion in M-Cap by 2030,” the statement said.

Speaking on the development, Nazar Yasin, Managing Partner, Rise Capital, said, “We are quite bullish on the Indian venture space and remain committed as we are a long-term player. Our ability to spot high-potential startups as demonstrated in other emerging regions gives us the confidence to deploy a significant part of our global fund in India. We will continue to focus on a digital disruption thesis, which we believe is still quite early across most sectors in India.”

- Advertisement -

“As Rise Capital continues to build its operations in India, it will be looking to invest in early-stage startups and will back the potential winners in the follow-on rounds. The Fund has hired Anuj Mehta as its first investment team member for the development and implementation of rising Capital’s India investment strategy and will be looking to increase its activity gradually as it starts deploying capital,” he said.

Rise Capital will be looking to bring the Valley’s best practices to its Indian portfolio to make them ready for the global stage. They aim to collaborate with domestic investors and bring winning strategies for savvy founders to help them scale rapidly and thereby create breakout success stories from India.

“We bring unique value to our portfolio companies because all of our partners are former operators who have helped build $1Bn+ tech companies across emerging economies. We believe that India is poised to further mature and create a bigger impact on a global scale. With more international investors like us coming in, it will be an important part of this evolution. We are confident of replicating our success from other emerging markets here in India,” He further added.


Stay on top of Budget 2023 with our newsletter

We don’t spam! Read our privacy policy for more info.


Stay on top of Budget 2023 with our newsletter

- Advertisement -

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Read latest Business News and Startup news on TechGraph. Watch live and latest news on TechGraph TV. Follow us on Facebook or follow us on Twitter and Instagram. Listen audio news from TechGraph Briefings on Spotify, Google Podcast, Amazon Music & on Apple Podcast.

Krishna Mali
Krishna Mali
Founder & Editor of TechGraph.

Latest News

Promoted Links

Related Stories

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($2...

1Win App: Review India Apk for Android and iOS

The company 1Win has been successfully operating in the markets of many countri...

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's do...

Employees union seeks FIR against Jet Airways boss Naresh Goyal, Vinay Dube and on SBI Chairman

The employee union of Jet Airways, which is facing its worst crisis, Friday sou...

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the firs...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rah...

NASA astronauts to carry first ever all-female spacewalk on 29 March

Two NASA astronauts are scheduled to carry out the first ever all-female spacew...

Union Budget 2023: Five Major Changes to the Personal Income Tax Regime

In a major announcement on income tax changes, the government has revealed five...

Business Technology Strategies to Help You Survive a Recession

There's no doubt about it – we're amidst a recession. And while that may mean c...

What Jammu & Kashmir, Ladakh, Northeast & Agritech got from Budget 2023?

Addressing the parliament on the ongoing union budget session, Finance Minister...