Riverwalk Holdings, a venture capital fund has launched a Rs 150 crore fund that will focus on early stage startups in India.
These funds are operated by the Singapore-based Thakral Group and backed by leading business houses from India and Singapore.
Singapore-based Riverwalk Holdings has a sector-agnostic investment approach with preferred sectors such as enterprise SaaS, fintech, consumer-tech, and consumer brands.
This fund will invest up to Rs 10 crore per startup and they have already invested in 4.
Riverwalk Holdings’s portfolio includes, (Spotdraft- AI-based contract automation startup); (The Ayurveda Experience-one stop Ayurveda platform) ; (Mylo- community and commerce platform for parents) ; and ( Homeville- housing finance platform).
“The founding principles of Riverwalk have been shaped by the Thakral Group’s 117-year legacy of building successful businesses based on long-term partnerships. The lifecycle of a start-up has its ups and downs and we are committed to being supportive throughout the journey. We are grateful to have like-minded investors who share our investment philosophy”, said, Satveer Singh Thakral, Founding Partner, Riverwalk Holdings.
Singh said Riverwalk will leverage its stakeholder network to accelerate the growth of startups by giving them access to leading enterprises across Asia.
“We are looking to partner with founders who are focused on building fundamentally strong and capital efficient businesses. This philosophy has worked out well for us in the past and we are just focused on replicating it”, said, Jai Sumer Singh, Founding Partner, Riverwalk Holdings.
About Riverwalk Holdings
Riverwalk Holdings is India focused fund that is set up to invest in early stage companies from Seed to Series A. The fund is anchored by the multi billion dollar Thakral Group and has also raised capital from prominent Asian family offices. Primarily our focus sectors are SaaS, Fintech and consumer brands.
They are founder first and are more than just your capital partners. They provide strategic value over and above financial capital, by leveraging the Thakral Group’s global network and businesses across real estate, technology, consumer product distribution and manufacturing.