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Kriscore Capital invests in early-stage tech startups with a debut fund of ₹100 crore, focusing on key trend segments.
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Kriscore Capital, a new venture firm focused on early-stage tech startups, has announced the first close of its debut ₹100 crore fund, with a provision for an additional ₹100 crore greenshoe.
With initial commitments of ₹50 crore from a curated group of family offices and high net worth individuals, Kriscore plans to invest in 16 – 18 companies that are solving large-scale problems using technology.
While sector agnostic, the fund will look to back companies building across key trend segments in the country, such as digital consumer, China+1 supply chain opportunities, global experts, Gen AI-powered services, and climate tech companies. The VC firm said it has already made its first investment.
“India’s startup ecosystem is exploding, and Indian founders are building generational global businesses. Apart from technical prowess and team strength, enduring entrepreneurship needs an ecosystem of support – including financial expertise, capital firepower, compliance mentorship, and strategic global connectivity to build exceptional businesses. We invest more than capital – we commit our time, expertise, and passion to help founders build something truly groundbreaking.” says Nilesh Balakrishnan, General Partner of Kriscore Capital.
The VC firm said it has already made its first investment in a stealth-mode startup but did not disclose further details. Kriscore Capital was founded by former WaterBridge Ventures executive, Nilesh Balakrishnan and former chairman and CEO of Lazard in India, K Bala.
Kriscore Capital will provide value-added services that focus on critical but non-operational aspects of the founder journey that are underserved, but essential to derisking early-stage investments.
The fund also has an eminent Advisory Board comprising of Mr. D Sundaram (Lead Independent Director, Infosys Ltd), Mr. Shyam Srinivasan (ex-MD & CEO, Federal Bank Ltd), and Mr. Manish Khetarpal (Founding Partner, WaterBridge Ventures) in addition to a strong partner ecosystem of senior industry professionals to support its investee companies.
Published on May 15, 2025
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