
Investments
613Portfolio Exits
35Funds
22Partners & Customers
1Service Providers
1About GSR Ventures
GSR Ventures is a venture capital firm focused on early-stage technology companies. It invests in early-stage digital health companies that leverage emerging technology to drive improvements in efficiency and transform the healthcare landscape. It was founded in 2004 and is based in Palo Alto, California.

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Latest GSR Ventures News
May 22, 2023
Infinite Uptime , an Indian industrial IoT startup that offers predictive maintenance solutions for machinery, has secured an additional $18.85 million as part of an ongoing funding round led by Tiger Global at a valuation of $60 million post-money. The Series B3 round also saw participation from other existing investors including Mayfield, GSR Ventures, VenturEast and THK. The investment will help the startup strengthen global market share and expand value delivery, it said. Mechanical problems, such as wear and tear, deterioration and heightened vibrations, frequently contribute to equipment breakdowns in manufacturing facilities. Infinite Uptime is helping mitigate these by using industrial data analytics that offers a range of indispensable features, including real-time condition monitoring complemented by cloud data backup support. It also features a smart dashboard that provides live monitoring capabilities and the ability to forecast Remaining Useful Life (RUL) and downtime, enabling businesses to strategize and execute timely maintenance actions. Founded in December 2015, the Pune-based startup offers tailor-made solutions with remote condition monitoring, data-driven machine diagnostics and digital reliability services using intelligent data analytics to help improve plant reliability and offer failure predictability for manufacturing facilities. “This investment is a strong validation of our business strategy and growth potential,” said Raunak Bhinge, Founder and CEO, Infinite Uptime, in a prepared statement. “This will enable us to invest heavily into fundamental research & product development, expand our capabilities and overall expertise, helping us deliver more value and exceed the needs of our customers in an ever-evolving market.” The startup has amassed over 300 customers and counts companies including Vedanta, JSW Steel, Hyundai, Borosil, Ceat and Adani among its clients across different parts of the world. “Infinite Uptime has helped their manufacturing partners see improved plant reliability, production volume, and overall efficiency. We are excited to be investing behind them and their continued growth,” Griffin Schroeder, Partner at Tiger Global, said in a statement. Infinite Uptime has helped its customers save over 11,000 hours of unplanned downtime by utilizing advanced analytics, AI and remote monitoring capabilities. “Mayfield, as the seed investor in Infinite Uptime has witnessed its stellar growth into not just a market leader but an evangelist in the IoT space. We remain excited and continue to invest alongside other investors in Infinite Uptime’s exciting journey,” said Vikram Godse, Managing Partner at Mayfield. The startup has its offices in Berkeley, California and Dubai — apart from its India office in the western Indian city of Pune. “We believe Infinite Uptime will play a key role in increasing the efficiency of factory floors thus enabling the global south to compete,” said Sanjeev Yamsani, Partner at VenturEast. “Their ability to scale the product to global south from India is a compelling example of innovation that India can build for the world.” The fresh investment in Infinite Uptime comes at a time when Indian startups are struggling to raise capital as global VCs are quite conscious in putting their money due to the macro-level funding crunch as well as financial irregularity issues grappling some of the top startups in the country.
GSR Ventures Investments
613 Investments
GSR Ventures has made 613 investments. Their latest investment was in Infinite Uptime as part of their Series B - II on May 5, 2023.

GSR Ventures Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/22/2023 | Series B - II | Infinite Uptime | $18.85M | No | 4 | |
5/19/2023 | Seed VC | Haosa | Yes | 2 | ||
4/6/2023 | Pre-Seed - II | Kryptview | $1.5M | Yes | Bitpanda, GSR Ventures, KuCoin, and Serafund | 1 |
3/24/2023 | Seed VC | |||||
3/16/2023 | Series B |
Date | 5/22/2023 | 5/19/2023 | 4/6/2023 | 3/24/2023 | 3/16/2023 |
---|---|---|---|---|---|
Round | Series B - II | Seed VC | Pre-Seed - II | Seed VC | Series B |
Company | Infinite Uptime | Haosa | Kryptview | ||
Amount | $18.85M | $1.5M | |||
New? | No | Yes | Yes | ||
Co-Investors | Bitpanda, GSR Ventures, KuCoin, and Serafund | ||||
Sources | 4 | 2 | 1 |
GSR Ventures Portfolio Exits
35 Portfolio Exits
GSR Ventures has 35 portfolio exits. Their latest portfolio exit was Linkflow on August 09, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
8/9/2022 | Acquired | 6 | |||
6/13/2022 | IPO | Public | 1 | ||
4/28/2022 | Acquired | 2 | |||
Date | 8/9/2022 | 6/13/2022 | 4/28/2022 | ||
---|---|---|---|---|---|
Exit | Acquired | IPO | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 6 | 1 | 2 |
GSR Ventures Fund History
22 Fund Histories
GSR Ventures has 22 funds, including GSR 2017 Opportunities Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
10/25/2019 | GSR 2017 Opportunities Fund | $99.15M | 1 | ||
10/22/2019 | GSR Ventures VII | Early-Stage Venture Capital | Closed | 1 | |
9/18/2018 | GSR Ventures VI | Early-Stage Venture Capital | Closed | $400M | 4 |
12/31/2017 | GSR 2017 Opportunities Fund | ||||
4/18/2016 | GSR Go Global Fund |
Closing Date | 10/25/2019 | 10/22/2019 | 9/18/2018 | 12/31/2017 | 4/18/2016 |
---|---|---|---|---|---|
Fund | GSR 2017 Opportunities Fund | GSR Ventures VII | GSR Ventures VI | GSR 2017 Opportunities Fund | GSR Go Global Fund |
Fund Type | Early-Stage Venture Capital | Early-Stage Venture Capital | |||
Status | Closed | Closed | |||
Amount | $99.15M | $400M | |||
Sources | 1 | 1 | 4 |
GSR Ventures Partners & Customers
1 Partners and customers
GSR Ventures has 1 strategic partners and customers. GSR Ventures recently partnered with iLEVEL Solutions on February 2, 2015.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
2/4/2015 | Vendor | United States | GSR Ventures selects iLEVEL for portfolio monitoring GSR Ventures has selected the iLEVEL to optimise the firm 's portfolio monitoring process . | 3 |
Date | 2/4/2015 |
---|---|
Type | Vendor |
Business Partner | |
Country | United States |
News Snippet | GSR Ventures selects iLEVEL for portfolio monitoring GSR Ventures has selected the iLEVEL to optimise the firm 's portfolio monitoring process . |
Sources | 3 |
GSR Ventures Service Providers
1 Service Provider
GSR Ventures has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Counsel |
Service Provider | |
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Associated Rounds | |
Provider Type | Counsel |
Service Type |
Partnership data by VentureSource
GSR Ventures Team
13 Team Members
GSR Ventures has 13 team members, including current Founder, Managing Director, Richard Lim.
Name | Work History | Title | Status |
---|---|---|---|
Richard Lim | Founder, Managing Director | Current | |
Name | Richard Lim | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Founder, Managing Director | ||||
Status | Current |
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