Kae Capital
Kae Capital is India's pioneering early-stage venture capital firm, founded in 2012 by Sasha Mirchandani in Mumbai. Kae is typically the first institutional capital into a company, writing cheques of $1M–$3M at the pre-seed to pre-Series A stage. Over 12 years and four funds, Kae has backed 90+ companies including three unicorns (Porter, Zetwerk, InMobi), two IPOs (Fractal Analytics, Nazara Technologies). Combined portfolio value exceeds $7.7 billion, with $2B+ in follow-on capital catalyzed. Kae's investment thesis focuses on sectors that global and mainstream Indian VCs systematically undervalue: India's commerce infrastructure (SMBs, B2B supply chains, kirana networks), manufacturing and industrialization, trust and verification rails for India's informal economy, AI applied to Indian business contexts, and fintech reaching semi-urban and rural India. Per Crunchbase, Kae Capital has made 150 investments, 51 as lead investor across 86 portfolio companies, with 18 exits.
Investing activity
Kae Capital has made 150 investments according to Crunchbase across 86 portfolio companies, and has led 51 rounds and seen 18 exits.
Deals
Frequently asked questions about Kae Capital
Where is Kae Capital based?
Kae Capital is based in Bengaluru, Karnataka, India.
How can founders reach Kae Capital?
Founders on AI Lounge can see Kae Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Kae Capital to their Investor Pipeline to track the conversation.