# IDG Ventures: portfolio, investments and team

> IDG Ventures is a vc firm based in India. 393 investments on record, latest May 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/idg-ventures (Millionrounds; every figure on the page links to its filing or article)

India · [Investor](https://millionrounds.com/investors)

# IDG Ventures

Last cheque observed May 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series A Series B Series C

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 393 on record

Since the last cheque **2729** days **00** hrs **00** min **00** sec

Median round **$65M** Rounds led **0 of 393** Sole investor **160 rounds** Exits **19 from the portfolio** Mostly in **United States, 42%**

Pitch IDG Ventures

## IDG Ventures highlights

- 01 393 rounds on record
- 02 Mostly Series A and Series B: 70% of its rounds
- 03 Sole investor in 160 rounds, median $4.5M
- 04 19 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** India
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **393 appearances**

- **2019** 1 round
- **May** **[Tempered Networks](https://millionrounds.com/company/tempered-networks)** US · GeekWire **$17M** With 4 others
- **2018** 1 round
- **Jul** **[CureFit](https://millionrounds.com/company/curefit)** Series C · IN · AVCJ **$120M** With 2 others
- **2016** 3 rounds
- **Oct** **[Rokid](https://millionrounds.com/company/rokid)** Series B · US · FinSMEs **$65M** Sole investor
- **Jun** **[Circle](https://millionrounds.com/company/circle)** Series D · IE · FinSMEs **$60M** Sole investor
- **Apr** **[Farfetch](https://millionrounds.com/company/farfetch)** **$160M** With 19 others
- **2015** 25 rounds
- **Oct** **[Tripoto](https://millionrounds.com/company/tripoto)** Series A **Undisclosed** With 4 others
- **Sept** **[Waylens](https://millionrounds.com/company/waylens)** Venture · US **$2.2M** With 1 other
- **Sept** **[Teambition](https://millionrounds.com/company/teambition)** Series B · CN **$12M** With 3 others
- **Sept** **[Agora](https://millionrounds.com/company/agora)** Series B · US **$20M** With 4 others
- **Sept** **[uSens](https://millionrounds.com/company/usens)** Seed · US **$5.5M** With 6 others
- **Sept** **[Zivame.com](https://millionrounds.com/company/zivame-com)** Series C · IN **$40M** With 4 others
- **Aug** **[Royole Corporation](https://millionrounds.com/company/royole-corporation)** Series C **$172M** With 1 other
- **Jul** **[Testin Technologies](https://millionrounds.com/company/testin-technologies)** Series B · HK **$55M** With 2 others
- **Jul** **[Facishare](https://millionrounds.com/company/facishare)** Series D · CN **$100M** With 2 others
- **Jun** **[Propel(x)](https://millionrounds.com/company/propel-x)** Seed · US **$1.5M** With 3 others
- **May** **[Jpush](https://millionrounds.com/company/jpush)** Series B · CN **Undisclosed** With 2 others
- **May** **[FraudMetrix](https://millionrounds.com/company/fraudmetrix)** Series B · CN **$30M** With 4 others
- **May** **[Ripple](https://millionrounds.com/company/ripple)** Series A · US **$28M** With 10 others
- **May** **[AlphaDraft](https://millionrounds.com/company/alphadraft)** Seed · US **$5.0M** With 12 others
- **Apr** **[Cnano Technology](https://millionrounds.com/company/cnano-technology)** Series C · US **$15M** With 5 others
- **Apr** **[Kujiale](https://millionrounds.com/company/kujiale)** Series B **$10M** With 3 others
- **Mar** **[Yuantiku](https://millionrounds.com/company/yuantiku)** Series D · CN **$60M** With 3 others
- **Mar** **[700Bike](https://millionrounds.com/company/700bike)** Series A · CN **$15M** With 2 others
- **Mar** **[Artsy](https://millionrounds.com/company/artsy)** Series C · US **$25M** With 2 others
- **Feb** **[Helijia](https://millionrounds.com/company/helijia)** Series C · CN **$50M** With 4 others
- **Feb** **[Move Loot](https://millionrounds.com/company/move-loot)** Series A · US **$9.0M** With 6 others
- **Feb** **[Zhaosuliao](https://millionrounds.com/company/zhaosuliao)** Series A · CN **$20M** With 3 others
- **Jan** **[BeiBei](https://millionrounds.com/company/beibei)** Series C · CN **$100M** With 3 others
- **Jan** **[App Annie](https://millionrounds.com/company/app-annie)** Series D · US **$55M** With 4 others
- **Jan** **[NetDragon Education](https://millionrounds.com/company/netdragon-education)** Series A · CN **$53M** With 1 other
- **2014** 43 rounds
- **Dec** **[Meitu](https://millionrounds.com/company/meitu)** Series C · CN **$350M** With 6 others
- **Dec** **[Facishare](https://millionrounds.com/company/facishare)** Series C · CN **$50M** With 2 others
- **Dec** **[Guokr](https://millionrounds.com/company/guokr)** Series C · JP **$20M** With 1 other
- **Dec** **[Teambition](https://millionrounds.com/company/teambition)** Series A · CN **$5.0M** With 1 other
- **Nov** **[HunterOn](https://millionrounds.com/company/hunteron)** Series B · CN **$20M** With 1 other
- **Nov** **[Course Hero](https://millionrounds.com/company/course-hero)** Series A · US **$15M** With 7 others
- **Nov** **[PatPat](https://millionrounds.com/company/patpat)** Series A · US **$2.7M** Sole investor
- **Nov** **[iCarsClub](https://millionrounds.com/company/icarsclub)** Series B · SG **$60M** With 1 other
- **Nov** **[PPzuche.com](https://millionrounds.com/company/ppzuche-com)** Series B · CN **$60M** With 5 others
- **Oct** **[cloudcade](https://millionrounds.com/company/cloudcade)** Seed · US **$1.6M** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**3+** funds on file numbered funds in its name

## Exits from the portfolio

Companies it backed that were later bought or listed **19 in all**

**[Shazam](https://millionrounds.com/company/shazam)** Bought by [Apple](https://millionrounds.com/fund/apple) **$400M** Sept 2018

**[AlphaDraft](https://millionrounds.com/company/alphadraft)** Bought by FanDuel **Undisclosed** Sept 2015

**[Sourcebits](https://millionrounds.com/company/sourcebits)** Bought by [Globo](https://millionrounds.com/fund/globo) **Undisclosed** Jun 2014

**[DigitalPersona](https://millionrounds.com/company/digitalpersona)** Bought by Cross Match Technologies **Undisclosed** Apr 2014

**[Sungy Mobile](https://millionrounds.com/company/sungy-mobile)** Listed **$79M** Nov 2013

**[Mogujie](https://millionrounds.com/company/mogujie)** Bought by [Alibaba](https://millionrounds.com/fund/alibaba) **Undisclosed** Oct 2013

**[NetDragon WebSoft](https://millionrounds.com/company/netdragon-websoft)** Bought by [Baidu](https://millionrounds.com/fund/baidu) **$1.9B** Aug 2013

**[91 Wireless](https://millionrounds.com/company/91-wireless)** Bought by [Baidu](https://millionrounds.com/fund/baidu) **$1.9B** Jul 2013

**[Flowdock](https://millionrounds.com/company/flowdock)** Bought by Rally Software **Undisclosed** Feb 2013

**[Tudou](https://millionrounds.com/company/tudou)** Bought by Youku **$864M** Mar 2012

**[GamerDNA](https://millionrounds.com/company/gamerdna)** Bought by Emergent Payments **Undisclosed** Jul 2011

**[SocialMedia.com](https://millionrounds.com/company/socialmedia-com)** Bought by [LivingSocial](https://millionrounds.com/fund/livingsocial) **$3.0M** Apr 2011

**[Jingle Networks](https://millionrounds.com/company/jingle-networks)** Bought by Marchex **$63M** Apr 2011

**[Qihoo 360 Technology](https://millionrounds.com/company/qihoo-360-technology)** Listed **Undisclosed** Apr 2011

**[Vaultus Mobile](https://millionrounds.com/company/vaultus-mobile)** Bought by Antenna Software **Undisclosed** Apr 2010

**[GamerDNA](https://millionrounds.com/company/gamerdna)** Bought by Crispy Gamer **Undisclosed** Dec 2009

**[Zing Systems](https://millionrounds.com/company/zing-systems)** Bought by [Dell](https://millionrounds.com/fund/dell) **Undisclosed** Aug 2007

**[Baidu](https://millionrounds.com/company/baidu)** Listed **Undisclosed** Aug 2005

**[EachNet](https://millionrounds.com/company/eachnet)** Bought by [eBay](https://millionrounds.com/fund/ebay) **$150M** Jul 2003

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series A Series B Series C

Median round joined **$65M** the round, not its cheque Alone, median **$4.5M**

Led 0 of 393 rounds **0%**

- **Sole investor:** 160 rounds
- **Last cheque:** May 2019
- **Exits:** 19 from the portfolio

Rounds by stage said on their site

- Series A *145*
- Series B *100*
- Series C *47*
- Venture *33*
- Seed *24*

Cheques by year Led Joined

1994 2019

Often in the room with

- [IDG Ventures USA](https://millionrounds.com/fund/idg-ventures-usa) 31
- [Saif Partners](https://millionrounds.com/fund/saif-partners) 12
- [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) 10
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 10
- [GGV Capital](https://millionrounds.com/fund/ggv-capital) 8
- [WI Harper Group](https://millionrounds.com/fund/wi-harper-group) 8

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## Who they invest alongside

The investors most often in the same rounds as IDG Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**IDG Ventures USA** VC firm **31** rounds together](https://millionrounds.com/fund/idg-ventures-usa)[**Saif Partners** Private equity **12** rounds together](https://millionrounds.com/fund/saif-partners)[**Qiming Venture Partners** VC firm **10** rounds together](https://millionrounds.com/fund/qiming-venture-partners)[**Sequoia Capital** VC firm **10** rounds together](https://millionrounds.com/fund/sequoia-capital)[**GGV Capital** VC firm **8** rounds together](https://millionrounds.com/fund/ggv-capital)[**WI Harper Group** VC firm **8** rounds together](https://millionrounds.com/fund/wi-harper-group)[**Flybridge** VC firm **7** rounds together](https://millionrounds.com/fund/flybridge)[**Northern Light Venture Capital** VC firm **7** rounds together](https://millionrounds.com/fund/nlvc)[**SIG China (SIG Asia Investments)** VC firm **7** rounds together](https://millionrounds.com/fund/sig-china-sig-asia-investments)[**Accel** VC firm **6** rounds together](https://millionrounds.com/fund/accel)[**CDH Investments** Private equity **6** rounds together](https://millionrounds.com/fund/cdh-investments)[**China Growth Capital** VC firm **6** rounds together](https://millionrounds.com/fund/china-growth-capital)

## Recently backed

The latest companies IDG Ventures put money into.

[**Farfetch** $160M · Apr 2016](https://millionrounds.com/company/farfetch)

## On podcasts

2 episodes naming IDG Ventures in the title, and 1 more that mention it.

- [The Neon Show](https://millionrounds.com/podcasts/neon-show) 4 Nov 2019 · 1h 3m Karan Mohla, Chiratae Ventures (Formerly IDG Ventures India) With [Karan Mohla](https://millionrounds.com/person/karan-mohla) Mentions [Chiratae Ventures](https://millionrounds.com/fund/chiratae-ventures)[IDG Ventures](https://millionrounds.com/fund/idg-ventures)[IDG Ventures India](https://millionrounds.com/fund/idg-ventures-india) *+1* Apple Podcasts
- [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 20 Mar 2017 · 33 min SaaStr 106: Why Early Stage SaaS Metrics Do Not Matter, The 5 Things To Look For In Early Stage SaaS Companies & How To Negotiate A Term Sheet The Right Way with Alex Rosen, Managing Director @ IDG Ventures Mentions [Alex Rosen](https://millionrounds.com/fund/alex-rosen)[IDG Ventures](https://millionrounds.com/fund/idg-ventures)[Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) *+1* Apple PodcastsShow page

### Mentioned in

- [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 24 Jul 2017 · 25 min SaaStr 135: Auren Hoffman on Why Raising Prices Is Not A Good Idea, How Fewer Employees Can Mean Fast Growth & Why The CEO Must Never Delegate HR Apple PodcastsShow page

## Quick answers about IDG Ventures

### What does IDG Ventures invest in?

IDG Ventures invests most often at Series A and Series B (70% of the rounds on record).

### How active is IDG Ventures?

393 investments on record, 0 of them in the last 12 months. The most recent was in May 2019.

### What has IDG Ventures invested in recently?

Its most recent investments on record: Tempered Networks (Undisclosed round, May 2019), CureFit (Series C, Jul 2018) and Rokid (Series B, Oct 2016).

### How big are IDG Ventures's cheques?

The median round it joins is $65M.

### Does IDG Ventures lead rounds?

Rarely, if at all: none of its 393 investments on record names it as the lead.

### Where does IDG Ventures invest?

Most of the companies it backs are in the United States (42%), China (42%) and India (6%).

### Is IDG Ventures investing now?

No investments in the last 12 months; the latest was in May 2019.

### Who does IDG Ventures invest alongside?

Most often IDG Ventures USA (31 rounds together), Saif Partners (12 rounds together) and Qiming Venture Partners (10 rounds together).

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