# Reliance Technology Ventures: portfolio, investments and team

> Reliance Technology Ventures is a growth equity based in India. 5 investments on record, latest Apr 2009. Portfolio, stages, co-investors and team.

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

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

# Reliance Technology Ventures

Last cheque observed Apr 2009. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Growth equity

Series B Venture Series D

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 5 on record

Since the last cheque **6398** days **00** hrs **00** min **00** sec

Median round **$15M** Rounds led **0 of 5** Sole investor **1 rounds** Exits **1 from the portfolio** Mostly in **United States, 80%**

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## Reliance Technology Ventures highlights

- 01 5 rounds on record
- 02 Mostly Series B and Venture: 80% of its rounds
- 03 Sole investor in 1 rounds, median undisclosed
- 04 1 exits from the portfolio

## What they do

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

## The record

Every round we can evidence, newest first **5 appearances**

- **2009** 1 round
- **Apr** **Stoke** Series D · US **$15M** With 3 others
- **2008** 3 rounds
- **May** **[Pelago](https://millionrounds.com/company/pelago)** Series B · US · arstechnica.com **$15M** With 6 others
- **Feb** **[Sequans Communications](https://millionrounds.com/company/sequans-communications)** Venture · FR **$28M** With 1 other
- **Jan** **Stoke** Venture · US **Undisclosed** Sole investor
- **2007** 1 round
- **Dec** **[E-Band Communications](https://millionrounds.com/company/e-band-communications)** Series B · US **$10M** With 4 others

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.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Pelago](https://millionrounds.com/company/pelago)** Bought by [Groupon](https://millionrounds.com/fund/groupon) **Undisclosed** Apr 2011

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

## The cheque

Series B Venture Series D

Median round joined **$15M** the round, not its cheque Alone, median **-**

Led 0 of 5 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Apr 2009
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series B *2*
- Venture *2*
- Series D *1*

Cheques by year Led Joined

2007 2009

Often in the room with

- [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) 2

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## Who they invest alongside

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

[**Kleiner Perkins Caufield & Byers** VC firm **2** rounds together](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)

## Quick answers about Reliance Technology Ventures

### What does Reliance Technology Ventures invest in?

Reliance Technology Ventures invests most often at Series B and Venture (80% of the rounds on record).

### How active is Reliance Technology Ventures?

5 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2009.

### How big are Reliance Technology Ventures's cheques?

The median round it joins is $15M.

### Does Reliance Technology Ventures lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

### Where does Reliance Technology Ventures invest?

Most of the companies it backs are in the United States (80%) and France (20%).

### Is Reliance Technology Ventures investing now?

No investments in the last 12 months; the latest was in Apr 2009.

### Who does Reliance Technology Ventures invest alongside?

Most often Kleiner Perkins Caufield & Byers (2 rounds together).

### What kind of investor is Reliance Technology Ventures?

Reliance Technology Ventures is a growth equity firm based in India.

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