Updated
Updated · startup.economictimes.indiatimes.com · Jun 9
Ashish Dave Launches Sanskrit Capital With Rs 700-1,000 Crore Fund for Series B, C Startups
Updated
Updated · startup.economictimes.indiatimes.com · Jun 9

Ashish Dave Launches Sanskrit Capital With Rs 700-1,000 Crore Fund for Series B, C Startups

3 articles · Updated · startup.economictimes.indiatimes.com · Jun 9

Summary

  • Sanskrit Capital debuted with a targeted fund size of Rs 700-1,000 crore, aiming to back Series B and C startups rather than earlier-stage ventures.
  • Ashish Dave, formerly head of Mirae Asset Venture Investments, is leading the new firm and directing it toward sectors including fintech, logistics and healthcare.
  • The launch adds to a broader trend of seasoned venture investors leaving established platforms to start independent funds focused on growth-stage companies.

Insights

Can new solo-led funds survive India's tough new rules, or will they be outmaneuvered by larger, established VCs?
Is the great VC 'churn' a sign of a maturing Indian market or the start of a venture capital bubble?
How will Sanskrit Capital's AI health bets win in a market projected to hit $35 billion by 2030?