He previously worked with Kosmix (acquired by Walmart) and was a computer scientist at NASA Ames Research Centre. Sailesh was the co-founder of LocBox (acquired by Square), a startup centred around marketing for local firms.
Rocketship vc series#
Rocketship uses smart algorithms to trace startups around the globe, assisted by a series of metrics, to indicate the possibility of their success. Rocketship.vc has invested in companies such as Splitwise, Triller, Apna, Khatabook, Hive, Jugnoo, Kangaroo Health, No Broker, RageOn, Wasabi, Yulu and more, spread across 14 countries. Rocketship.vc We Closed Rocketship Fund II to Help Democratize Access to Venture Funding for Founders Everywhere Today, we’re excited to announce that we have closed our second fund - totaling 100 million - to help us democratize access to venture funding through the power of data science. The company uses data science and machine learning (ML) for investment related decision making. Rocketship.vc, headquartered in Silicon Valley, is an early stage venture capital firm. Sailesh Ramakrishnan is a Partner at Rocketship.vc. Over the first half of 2022, India saw 78 funds launched or announced, worth a collective $12.3 Bn, according to an Inc42 report. The Lightspeed India IV adds to the almost $1.5 Bn investment made by the VC firm in India so far. Just yesterday, Lightspeed, another US-based venture capital firm, closed a dedicated fund for India and SEA worth $500 Mn. 2020 Rocketship.vc.More results from rocketship.
Contact104 1st Street Los Altos, CA 94022. NewsSilicon Valley-based early-stage venture capital firm Rocketship.
Rocketship vc serial#
We wrote the most.A visionary team of leadersAnand Rajaraman is a serial entrepreneur, venture capitalist. While Harinarayan said that the third fund is likely to have a bigger corpus than the first close, he did not disclose the exact amount. Our experience as founders, our skills as world-class data scientists, and the largest database of startup activity are at your service. “We are excited about India and want to invest in companies which we call ‘growth outliers’ where the flywheel is spinning, and they are growing quickly,” he added. Fund II is almost fully deployed and we are currently investing out of Fund III,” Venky Harinarayan, partner at Rocketship said in an interview. “One-third of our investments have been in India, one-third in the US, and the remaining in other countries. It invested in around 20 startups from the second fund. The vc firm also plans to use the remaining capital from the second fund to deploy the same for follow-on investments in its existing companies. It has around 20 Indian startups in its portfolio, including the likes of Khatabook, Moglix, NoBroker and Jar, among others. Rocketship.vc’s last fund came in 2019-20, when it raised $100 Mn for its second fund, while its first fund came in 2015 and was capped at $40 Mn. It started out by investing in seed and early-stage startups, before moving on to later stages by investing in Series A and B funding rounds. In the past, the firm has invested about one-third of its total allocation in Indian startups. Founded by Anand Rajaraman and Venky Harinarayan, both of whom were serial entrepreneurs and have also worked in senior roles across Amazon and Walmart, Rocketship.vc claims to use machine learning and data science to identify and place its bets. The vc firm did not divulge the average ticket size of investments it plans to make, or any target sectors and the number of startups it will invest in. Rocketship.vc - built on data science and analytics - marks final close of Fund-II at 100 million. According to a Mint report, Rocketship.vc will continue to invest in Indian startups. The firm is now moving towards investing the raised funds across startups. The Silicon Valley-based venture capital firm Rocketship.vc has raised $125 Mn in the first close of its third fund.
The firm’s last fund came in 2019-20, when it raised $100 Mn for its second fund, while its first fund came in 2015 and was capped at $40 Mn Prior to Gojek, Madhu was an operating partner at a 150M private equity fund building startups across South East Asia. She was on the board and started the Singapore office. The VC firm has around 20 Indian startups in its portfolio, including the likes of Khatabook, Moglix, NoBroker and Jar, among others Partner, rocketship.vc Madhu Shalini was the Chief Data Officer of Gojek and helped grow the business into a 1 billion unicorn. Rocketship.vc will continue to invest in Indian startups
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