Medilytix Bureau:
Early-stage venture capital fund Disruptors Capital said that it has received a nod from the Securities Exchange Board of India (SEBI) to launch its Rs 120 crore early-stage venture capital fund. The fund approved by the SEBI as Category-I Alternate Investment Fund(AIF) will invest in tech start-ups across India, South-East Asia and the Bay Area in the US.
Disruptors Capital has been founded by 30-year-old Raj Snehil Juneja who has worked with 500 start-ups on the buy-side and is also spearheading fundraising and M&A transactions with Khetal Advisors, on the sell-side.
“During the course of my work, I noticed that the founders were struggling to raise institutional rounds due to structural gaps and lack of guidance during early stages of building their ventures,” said Juneja. Disruptors Capital aims to bridge this gap for founders by supplementing capital with strategic guidance needed, in the early stages of breaking ground.\
The three key areas where they support their portfolio include business development, fundraising and positioning for attracting talent. Krishna Kumar, CEO, Simplilearn, who has been roped as a fund partner said, “Early-stage entrepreneurs not only need access to capital, but also a lot of help in refining their business model, product thinking and go-to-market strategies. This is where I see Disruptors Cap makes a lot of difference. I have known the team for many years and I see them genuinely invested in making their portfolio entrepreneurs succeed.”