About Us

Astarc Ventures is a seed fund which aims to partner with new age startups to help them grow into market leaders of tomorrow.

We want to leverage our years of operating business experience across multiple industries and geographies to help startups grow quickly and sustainably.

Management

The fund is managed by an independent team. It is empoweredby a distinguished and "hands on" Advisory team with diverse skills, domain expertise and connects across global tech hubs.While the fund is setup out of Mumbai (India), we work with entrepreneurs spread across all geographies.

Vision of the fund

The vision of the fund is - "Embarking on a collaborative journey by partnering with visionary entrepreneurs who develop products, services and technologies that will help in solving the pressing problems of today and tomorrow".
 

Our Focus

“We like to invest in disruptive startups..”

Verticals We Invest In

  • Non-Strategic (Emerging Sectors)

  • Fin-Tech
  • Communication Tech
  • B2B – Horizontal and Vertical
  • AI, ML & IOT
  • Digital Healthcare
  •  
  • Strategic Investments

  • Retail tech
  • Retail Analytics
  • 3D Printing
  • IoT Automotive
  • Agriculture: Organic/Dairy
  • Real-Estate

What we look for

  • What we look for

  • Determined and Passionate Entrepreneurs
  • Strong Vision
  • Deep Customer Focus
  • Business Ideas solving critical problem
  • Execution capabilities
  •  

Our Value Add

  • Operational Expertise

  • Organizational building support

  • Seasoned Mentors

  • Domain Experts

  • Support Next level funding

Our Team


Mr. Kishore Musale

Chairman of Astarc Group

Mr. Musale is the Founder and Chairman of Astarc Group, founded in 1987, a diversified group with interests in multiple industries.
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Mr. Salil Musale

Executive Director

Mr. Salil Musale is the Executive Director of Astarc Group and Astarc Ventures. As a director, Mr. Musale currently works with multiple group
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Mr. Hari Krishnan

Fund Manager

Hari Krishnan leads seed investments at Astarc Ventures as the Fund Manager. He has over 12 years of experience, , of which over 6 years as an
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Mr. Santosh Huralikoppi

Advisor & Mentor

Santosh is widely networked across the globe. He has been a serial entrepreneur for over 18 years. He is currently the Co-founder
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Mr. Somnath Chatterjee

Advisor & Mentor

Somnath offers an extensive global network of startup evangelists, mentors, investors, service providers and ecosystem players
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Dr. Jagmohan Singh Raju

Advisory Board

Dr. Jagmohan S. Raju is currently Joseph J. Aresty Professor of Marketing at The Wharton School of the University of Pennsylvania.
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Portfolio

Frequently Asked Questions

1. What value do you bring to start-ups?

Our extensive 3 decades experience in building businesses in diversified areas, deep connections with several industries, advisors from Silicon Valley and Wharton School of Business, hands on involvement in team building, branding, strategy and further fund raise. Due to the nature of the fund, we do not have external pressures to exit out of the company prematurely and thus aim to support for the company for the long term.

2. How much do you invest?

We as a seed fund, invest anywhere from INR 35 Lakhs to 6 Crore ($50k - $1M). We are also very comfortable with co-investments with other institutions and syndicates with other angels.

3. What industries/sectors do you invest in?

We are open to invest in any technology/technology enabled business.

4. What is the process you follow to close the round and what is the time line?

We first do a preliminary screening with the founders, after which we evaluate the opportunity in detail with our internal investment committee. Once the startup passes this stage, we take the discussion further and go ahead with the detailed Due-Diligence. While we try our best to close the investment round as fast as possible, the time taken in every deal varies depending on the sector and stage anywhere from 2 weeks to 2 months.

5. What are the parameters that you look to evaluate the companies?

In the early stage of business, we strongly evaluate the team, along with the market size of the business opportunity and the nature of the business Idea.

News

Pharmeasy raises Rs 111 crore in Series – B Round

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The Economic Times

Virtual Reality startup Absentia Secures $1.2Mn funding

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INC24

Wooplr gets $8Mn in Series B round from Sistema Asia Fund and others

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TECHCIRCLE

Exclusive: Astarc Ventures backs fashion discovery app Wooplr

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VCCIRCLE

Exclusive: Bike taxi app Rapido vrooms with pre-Series A funding

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TECHCIRCLE

Astarc Ventures invests Rs 6 crore in Foyr.com

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The Economic Times

Astarc Ventures Leads investment in Travel Khana.

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The Economic Times

Virtual Reality startup Absentia raises Rs. 1.2 cr funding from Astarc Ventures, 50K Ventures and other angels.

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YourStory

Mr. Salil Musale views on Startups with Bloomberg TV – Rising Star

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Bloomberg TV

Contact Us.

Submit Business Plan



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Find us on map
Office Address

401, Krystal Building,
Above Hakkasan, Waterfield Road, Bandra West,
Mumbai, Maharashtra 400050.

+91 22 42443500

+91 22 42443540

info@astarcventures.com

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