Java Capital Launches Rs 75 Crore Seed Stage Fund

The first fund from Java Capital, a seed stage-focused Alternate Investment Fund (AIF) registered with SEBI, has a capital of Rs 75 crore and a greenshoe option of Rs 25 crore. The Fund completed its initial close for RS 30 crore, and it anticipates doing a full close over the next six months, as per reported by BW Disrupt.

In the year 2020, Bhargavi V, Vinod Shankar, and Karteek Pulapaka created Java Capital. With over 25 years of combined expertise in pre-seed, seed, and early stage investments, Java Capital is a SEBI registered pre-seed/seed led by career venture capitalists and startup ecosystem enhancers.

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Vinod Shankar, Co-founder & Partner, of Java Capital says, “We are possibly one of the only funds with strong diversity with three full-time partners and are led by deep conviction in the companies we invest in. We are not afraid to lead rounds ourselves at this stage, which is again led by our deep conviction and contrarian to most other funds in this market. All three of us have collectively spent over 25 plus years investing in start-ups, Karteek and I worked at Kalaari Capital before starting Java Capital in 2020. We are willing to take outlier risks such as Agnikul – A company making India’s first 3d printed semi-cryo rocket engines or EPlane – Electric flying taxis.”

The recently established fund has already begun funding pre-seed to pre-series A firms and intends to amass a portfolio of 15 to 20 businesses with first-round investments averaging RS 2 crore. 50% of the capital will be set aside for additional investments in top-performing portfolio firms.

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Bhargavi V, Co-founder & Partner, of Java Capital says, “We are super excited to announce the launch of our fund and we are strong believers in a long-term growth story for India, we work with our ecosystem and partners in the true spirit of long term games with long term people leads to significant outcomes for the society at large. We are in the venture space for the next couple of decades and would like to grow Java Capital as the first port of call for founders looking to start companies.”

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Karteek Pulapaka, Co-founder & Partner, of Java Capital says, “India is in the midst of a once-in-a-century transformation and this will be underscored by cutting-edge startups. At Java, we have a strong record of backing and nurturing visionary founders developing disruptive business models and technology. We are guided by our values of being transparent with all stakeholders, building long-term and lasting relationships, giving founder-friendly terms and promoting win-win outcomes. Our vision is to meaningfully contribute to the Indian startup ecosystem and be a part of this historic transformation.”

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About Java Capital

With over 25 years of combined expertise in pre-seed, seed, and early stage investments, Java Capital is a SEBI registered pre-seed/seed led by career venture capitalists and startup ecosystem enhancers. Industries including fintech, health tech, SaaS, and mobile internet are among the main focus areas. Deep and consumer tech. They actively work with businesses to guide them through the next stage of growth from the idea to prototype stage and pre-Product Market Fit stage.