# Kalaari Capital: portfolio, investments and team

> Kalaari Capital is a vc firm based in India. 141 investments on record, 9 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

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

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

# Kalaari Capital

Last cheque observed Oct 2026; 141 cheques on record.

Email

Deploying now New fund, May 2015 VC firm

Pre-seed Seed Series A Sector-agnostic No Sector Agnostic

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Deploying now

**69%** of best year **9** **cheques in 12 months**, 141 on record

Since the last cheque **24** days **00** hrs **00** min **00** sec

Median round **$5.3M** Cheque size, as they say **$300K – $5.0M** Rounds led **2 of 141** Sole investor **35 rounds** Exits **3 from the portfolio** Mostly in **United States, 70%**

Pitch Kalaari Capital

## Kalaari Capital highlights

- 01 9 cheques in the last 12 months
- 02 Mostly Series A and Series B: 64% of its rounds
- 03 Sole investor in 35 rounds, median $2.6M
- 04 3 exits from the portfolio

## What they do

> Kalaari Capital led a $3M seed round in NudgeBee From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $300K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Sector-agnostic No Sector Agnostic
- **Based in:** Bengaluru, India
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **141 appearances**

- **2026** 4 rounds
- **Oct** **[byteXL](https://millionrounds.com/company/bytexl)** IN · Inc42 **$9.0M** With 2 others
- **Mar** **[MOZARK](https://millionrounds.com/company/mozark)** Series B · SG **$40M** With 3 others
- **Feb** **[HireBound](https://millionrounds.com/company/hirebound)** Seed **$2.0M** With 1 other
- **Jan** **[Peer Robotics](https://millionrounds.com/company/peer-robotics)** Venture · US **$4.5M** With 3 others
- **2025** 12 rounds
- **Dec** **[Digantara](https://millionrounds.com/company/digantara)** Series B · IN · TechCrunch **$50M** With 5 others
- **Dec** **[Modulus Housing](https://millionrounds.com/company/modulus-housing)** Series A **$7.8M** Sole investor
- **Dec** **[SuperBryn](https://millionrounds.com/company/superbryn)** Pre-seed **$1.2M** Sole investor
- **Nov** **[MeshDefend](https://millionrounds.com/company/meshdefend)** Pre-seed **$2.3M** Sole investor
- **Nov** **[Pype AI](https://millionrounds.com/company/pype-ai)** Pre-seed · US **$1.2M** With 1 other
- **Oct** **[Matters.AI](https://millionrounds.com/company/matters-ai)** Seed · US **$4.8M** With 4 others
- **Oct** **[Hyperbots](https://millionrounds.com/company/hyperbots)** Grant · US **$1.0M** With 1 other
- **Oct** **[Chara Technologies](https://millionrounds.com/company/chara-technologies)** Series A **$5.9M** Sole investor
- **Sept** **[Pascal AI Labs](https://millionrounds.com/company/pascal-ai-labs)** Seed **$3.1M** With 2 others
- **Apr** **[AgNext](https://millionrounds.com/company/agnext)** Venture **Undisclosed** With 2 others
- **Feb** **[Triple Tap](https://millionrounds.com/company/triple-tap)** Pre-seed **$1.2M** Sole investor
- **Jan** **[Deconstruct](https://millionrounds.com/company/deconstruct)** Venture **$7.5M** With 1 other
- **2024** 11 rounds
- **Nov** **[Samosa Party Foods](https://millionrounds.com/company/samosa-party-foods)** Series B **$5.9M** With 2 others
- **Oct** **[Figr](https://millionrounds.com/company/figr)** Seed **$2.3M** With 2 others
- **Oct** **[Deftouch](https://millionrounds.com/company/deftouch)** Venture **Undisclosed** With 1 other
- **Sept** **[Zocket](https://millionrounds.com/company/zocket)** Grant **$1.0M** With 1 other
- **Aug** **[kindlife](https://millionrounds.com/company/kindlife)** Series A **$8.0M** With 1 other
- **Aug** **[Convin](https://millionrounds.com/company/convin)** Series A **$6.5M** With 3 others
- **Jul** **[byteXL](https://millionrounds.com/company/bytexl)** Series A **$5.9M** Sole investor
- **Jun** **[Lxme](https://millionrounds.com/company/lxme)** Seed **$1.2M** Sole investor
- **May** **[Portl](https://millionrounds.com/company/portl)** Seed **$3.0M** With 2 others
- **May** **[RED.Health](https://millionrounds.com/company/red-health)** Venture **Undisclosed** With 2 others
- **Mar** **[Aeria](https://millionrounds.com/company/aeria)** Pre-seed **$1.8M** With 1 other
- **2023** 6 rounds
- **Nov** **[Baaz Bikes](https://millionrounds.com/company/baaz-bikes)** Series A **$8.0M** With 1 other
- **Oct** **[AuditCue](https://millionrounds.com/company/auditcue)** Seed **$1.4M** Sole investor
- **Jul** **[Zluri](https://millionrounds.com/company/zluri)** Series B · US **$20M** With 2 others
- **Apr** **[SimpliContract](https://millionrounds.com/company/simplicontract)** Series A · US **$3.5M** With 2 others
- **Mar** **[HealthPlix](https://millionrounds.com/company/healthplix)** Series C **$20M** With 2 others
- **Jan** **[Studio Sirah](https://millionrounds.com/company/studio-sirah)** Seed **$2.6M** Sole investor
- **2022** 10 rounds
- **Nov** **[Simplilearn](https://millionrounds.com/company/simplilearn)** Series E · US **$45M** With 3 others
- **Nov** **[AlmaBetter](https://millionrounds.com/company/almabetter)** Seed **$2.6M** Sole investor
- **Oct** **[Tring](https://millionrounds.com/company/tring)** Seed **$5.0M** Sole investor
- **Sept** **[Dubdub.ai](https://millionrounds.com/company/dubdub-ai)** Seed **$1.0M** Sole investor
- **Sept** **[Outscal](https://millionrounds.com/company/outscal)** Seed **$1.5M** With 1 other
- **Jul** **[Climes](https://millionrounds.com/company/climes)** Seed **$1.2M** With 3 others
- **Jul** **[Creative Galileo](https://millionrounds.com/company/creative-galileo)** Series A **$7.5M** With 1 other

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.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

KN **Karthik Nageswaran** Director i Form ADV

RR **Rajesh Raju** Investment Advisory Principal who does not have legal authority to act on behalf i Filing they signed

VK **Vani Kola** Investment Advisory Principal who does not have legal authority to act on behalf i Filing they signed

We also hold **36** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

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

**$441M** gross assets of its funds Oct 2026

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

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Kalaari Capital Advisors PVT LTD
- **SEC number:** CRD 162999

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 3 we have independently watched raise

CXXO K20 paper square

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **3 in all**

**[Myntra](https://millionrounds.com/company/myntra)** Bought by Flipkart **$300M** May 2014

**[Workday](https://millionrounds.com/company/workday)** Listed **Undisclosed** Oct 2012

**[mGinger.com](https://millionrounds.com/company/mginger-com)** Bought by ValueFirst Messaging **Undisclosed** Jun 2012

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

New fund on file

**Raised**

a new fund in May 2015

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$5.3M** the round, not its cheque Alone, median **$2.6M**

Led 2 of 141 rounds **1%**

- **Said size:** $300K – $5.0M
- **Sole investor:** 35 rounds
- **Last cheque:** Oct 2026
- **Exits:** 3 from the portfolio

Rounds by stage said on their site

- Series A said *47*
- Series B said *29*
- Seed said *18*
- Venture *12*
- Series C *12*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [IndoUS Venture Partners](https://millionrounds.com/fund/indous-venture-partners) 21
- [IDG Ventures India](https://millionrounds.com/fund/idg-ventures-india) 11
- [Accel](https://millionrounds.com/fund/accel) 8
- [Saif Partners](https://millionrounds.com/fund/saif-partners) 6
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 6
- [India Quotient](https://millionrounds.com/fund/indiaquotient) 5

**Pitching Kalaari Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**IndoUS Venture Partners** VC firm **21** rounds together](https://millionrounds.com/fund/indous-venture-partners)[**IDG Ventures India** VC firm **11** rounds together](https://millionrounds.com/fund/idg-ventures-india)[**Accel** VC firm **8** rounds together](https://millionrounds.com/fund/accel)[**Saif Partners** Private equity **6** rounds together](https://millionrounds.com/fund/saif-partners)[**Sequoia Capital** VC firm **6** rounds together](https://millionrounds.com/fund/sequoia-capital)[**India Quotient** VC firm **5** rounds together](https://millionrounds.com/fund/indiaquotient)[**NEA-IndoUS Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/nea-indous-ventures)[**Nexus Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/nexus-venture-partners)[**Steadview Capital** Growth equity **4** rounds together](https://millionrounds.com/fund/steadview-capital)[**500 Global** Angel **3** rounds together](https://millionrounds.com/fund/500-startups)[**Accel India Ventures** Growth equity **3** rounds together](https://millionrounds.com/fund/accel-india-ventures)[**Antler** VC firm **3** rounds together](https://millionrounds.com/fund/antler)

## Recently backed

The latest companies Kalaari Capital put money into.

[**byteXL** $9.0M · Oct 2026](https://millionrounds.com/company/bytexl)[**MOZARK** $40M · Mar 2026](https://millionrounds.com/company/mozark)[**HireBound** $2.0M · Feb 2026](https://millionrounds.com/company/hirebound)[**Peer Robotics** $4.5M · Jan 2026](https://millionrounds.com/company/peer-robotics)[**Digantara** $50M · Dec 2025](https://millionrounds.com/company/digantara)[**Modulus Housing** $7.8M · Dec 2025](https://millionrounds.com/company/modulus-housing)

## On podcasts

1 episode naming Kalaari Capital in the title, and 2 more that mention it.

- [The Neon Show](https://millionrounds.com/podcasts/neon-show) 6 Sept 2021 · 48 min Why & How Clarity and Depth outscores storytelling ft Vani Kola, Managing Director, Kalaari Capital With [Vani Kola](https://millionrounds.com/person/vani-kola) Mentions [Kalaari Capital](https://millionrounds.com/fund/kalaari-capital) Apple Podcasts

### Mentioned in

- [VC10X](https://millionrounds.com/podcasts/vc10x) 11 May 2023 · 37 min VC10X - Investing in Emerging Markets - Anuj Mehta, India Investment Lead, Rise Capital Apple PodcastsShow page
- [The Neon Show](https://millionrounds.com/podcasts/neon-show) 29 Aug 2022 · 42 min The Framework to build Category Creators for Consumer Market in India ft Bala Srinivasa, Managing Director, Arkam Ventures Apple Podcasts

## Quick answers about Kalaari Capital

### What does Kalaari Capital invest in?

Kalaari Capital invests most often at Series A and Series B (64% of the rounds on record), in sectors such as Sector-agnostic, No Sector and Agnostic.

### How active is Kalaari Capital?

141 investments on record, 9 of them in the last 12 months, and it led 2. The most recent was in Oct 2026.

### What has Kalaari Capital invested in recently?

Its most recent investments on record: byteXL (Oct 2026), MOZARK (Series B, Mar 2026) and HireBound (Seed, Feb 2026).

### How big are Kalaari Capital's cheques?

The median round it joins is $5.3M. It says it writes cheques of $300K to $5.0M.

### Does Kalaari Capital lead rounds?

Sometimes: it led 2 of its 141 investments on record (1%).

### Where does Kalaari Capital invest?

Most of the companies it backs are in the United States (70%), India (20%) and Singapore (10%).

### Is Kalaari Capital investing now?

Yes: it is actively investing, with 9 investments in the last 12 months.

### Who does Kalaari Capital invest alongside?

Most often IndoUS Venture Partners (21 rounds together), IDG Ventures India (11 rounds together) and Accel (8 rounds together).

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