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Venture Capital
FINANCE | Investment Firms & Funds
ironpillarfund.com

Investments

28

Portfolio Exits

1

Funds

4

Partners & Customers

3

About Iron Pillar

Iron Pillar is a venture growth investor focused on mid stage technology investments in India. The firm backs companies in the Consumer Tech and Enterprise Tech sectors, post a Series A round of venture capital funding. It is headquartered in Mumbai, with a presence in Mauritius, Palo Alto, Shanghai, and Singapore.

Headquarters Location

Block A, Level 1, Shiv Sagar Estate Dr. Annie Besant Road, Worli

Mumbai, 400 018,

India

+91 22 6110 0723

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Research containing Iron Pillar

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CB Insights Intelligence Analysts have mentioned Iron Pillar in 2 CB Insights research briefs, most recently on Sep 21, 2022.

Latest Iron Pillar News

India's IIFL Asset Management merges with Truscale

Jan 16, 2023

Send to   India-based alternative investment manager IIFL Asset Management (IIFL AM) has agreed to take ownership of TrueScale Capital, a venture growth firm established by Sameer Nath, formerly of Iron Pillar. IIFL will assume control of all funds managed by TrueScale as well as the sponsor entities, according to a statement. The goal is to expand a platform that already stretches from mid-stage venture capital... To continue reading...

Iron Pillar Investments

28 Investments

Iron Pillar has made 28 investments. Their latest investment was in Servify as part of their Series D on August 8, 2022.

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Iron Pillar Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/24/2022

Series D

Servify

$65M

No

11

6/2/2022

Series C

Curefoods

$50M

No

2

1/25/2022

Series B

Sibros

$70M

Yes

15

1/12/2022

Series B

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$99M

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10

11/17/2021

Series B

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$99M

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10

Date

8/24/2022

6/2/2022

1/25/2022

1/12/2022

11/17/2021

Round

Series D

Series C

Series B

Series B

Series B

Company

Servify

Curefoods

Sibros

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Amount

$65M

$50M

$70M

$99M

$99M

New?

No

No

Yes

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Co-Investors

Sources

11

2

15

10

10

Iron Pillar Portfolio Exits

1 Portfolio Exit

Iron Pillar has 1 portfolio exit. Their latest portfolio exit was NowFloats on December 12, 2019.

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

12/12/2019

Corporate Majority

$99M

8

Date

12/12/2019

Exit

Corporate Majority

Companies

Valuation

$99M

Acquirer

Sources

8

Iron Pillar Fund History

4 Fund Histories

Iron Pillar has 4 funds, including Iron Pillar Top-Up Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

5/20/2020

Iron Pillar Top-Up Fund

$45M

2

10/4/2018

Iron Pillar India Fund I

$99M

10

7/13/2018

Iron Pillar Fund I

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$99M

10

Iron Pillar Fund II

10

Closing Date

5/20/2020

10/4/2018

7/13/2018

Fund

Iron Pillar Top-Up Fund

Iron Pillar India Fund I

Iron Pillar Fund I

Iron Pillar Fund II

Fund Type

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Status

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Amount

$45M

$99M

$99M

Sources

2

10

10

10

Iron Pillar Partners & Customers

3 Partners and customers

Iron Pillar has 3 strategic partners and customers. Iron Pillar recently partnered with Nitya Capital on June 6, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

6/2/2020

Partner

United States

Iron Pillar ropes in Nitya Capital as investor in holding company

The partnership with Nitya Capital will significantly expand Iron Pillar 's network of investors , advisors and thought leaders , it added .

3

11/9/2018

Partner

United States

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10

1/17/2017

Partner

China

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10

Date

6/2/2020

11/9/2018

1/17/2017

Type

Partner

Partner

Partner

Business Partner

Country

United States

United States

China

News Snippet

Iron Pillar ropes in Nitya Capital as investor in holding company

The partnership with Nitya Capital will significantly expand Iron Pillar 's network of investors , advisors and thought leaders , it added .

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Sources

3

10

10

Iron Pillar Team

1 Team Member

Iron Pillar has 1 team member, including current Managing Partner, Anand Prasanna.

Name

Work History

Title

Status

Anand Prasanna

Squadron Capital, Sequoia Capital, and McKinsey & Company

Managing Partner

Current

Name

Anand Prasanna

Work History

Squadron Capital, Sequoia Capital, and McKinsey & Company

Title

Managing Partner

Status

Current

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