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Venture Capital
FINANCIAL | Investment Firms & Funds
ironpillarfund.com

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Investments

22

Portfolio Exits

1

Funds

4

Partners & Customers

1

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.

Iron Pillar Headquarter 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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Iron Pillar Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Iron Pillar Rank

Latest Iron Pillar News

Curefoods raises $13 mn in Iron Pillar-led Series A

Aug 26, 2021

Curefoods, a cloud kitchen platform floated by Cure.fit co-founder Ankit Nagori, on Wednesday said it has secured $13 million as part of its Series A funding round led by venture firm Iron Pillar. Curefoods joins a growing list of ventures which have come up with a view to acquiring direct-to- consumer brands or third-party sellers on e-commerce platforms such as Amazon to create a large portfolio of businesses. Just last week, Presight Capital and an undisclosed global hedge fund led a $42.5 million Series A round of funding in Gurugram headquartered UpScalio which aggregates and invests in e-commerce brands.

Iron Pillar Investments

22 Investments

Iron Pillar has made 22 investments. Their latest investment was in Curefoods as part of their Series A on August 8, 2021.

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Iron Pillar Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/24/2021

Series A

Curefoods

$13M

Yes

Adil Allana, Binny Bansal, Kunal Shah, Lydia Jett, Nordstar, and Rashmi Kwatra

3

8/3/2021

Series A

Skill-Lync

$17.5M

Yes

Better Capital, Binny Bansal, Rashmi Kwatra, Sai Krishnamurthy, and Y Combinator

8

3/31/2021

Series D

Uniphore Software Systems

$140M

No

Chiratae Ventures, Cisco Investments, March Capital Partners, National Grid Partners, Sanabil Investments, Serena Capital, Sistema Capital, Sorenson Capital, and Undisclosed Investors

13

2/9/2021

Series B - II

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$99M

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10

12/2/2020

Series B

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$99M

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10

Date

8/24/2021

8/3/2021

3/31/2021

2/9/2021

12/2/2020

Round

Series A

Series A

Series D

Series B - II

Series B

Company

Curefoods

Skill-Lync

Uniphore Software Systems

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Amount

$13M

$17.5M

$140M

$99M

$99M

New?

Yes

Yes

No

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Co-Investors

Adil Allana, Binny Bansal, Kunal Shah, Lydia Jett, Nordstar, and Rashmi Kwatra

Better Capital, Binny Bansal, Rashmi Kwatra, Sai Krishnamurthy, and Y Combinator

Chiratae Ventures, Cisco Investments, March Capital Partners, National Grid Partners, Sanabil Investments, Serena Capital, Sistema Capital, Sorenson Capital, and Undisclosed Investors

Sources

3

8

13

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

$991

8

Date

12/12/2019

Exit

Corporate Majority

Companies

Valuation

$991

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

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$99M

10

7/13/2018

Iron Pillar Fund I

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$99M

10

Iron Pillar Fund II

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$99M

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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Subscribe to see more

Status

Amount

$45M

$99M

$99M

$99M

Sources

2

10

10

10

Iron Pillar Partners & Customers

1 Partners and customers

Iron Pillar has 1 strategic partners and customers. Iron Pillar recently partnered with Fosun International on January 1, 2017.

Date

Type

Business Partner

Country

News Snippet

Sources

1/17/2017

Partner

Fosun International

China

India: Fosun, VC fund Iron Pillar tie-up for tech investments

The partnership would help Fosun International Ltd use Iron Pillar 's knowledge and sourcing opportunities to strengthen its foothold in India .

4

Date

1/17/2017

Type

Partner

Business Partner

Fosun International

Country

China

News Snippet

India: Fosun, VC fund Iron Pillar tie-up for tech investments

The partnership would help Fosun International Ltd use Iron Pillar 's knowledge and sourcing opportunities to strengthen its foothold in India .

Sources

4

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

Morgan Creek Capital Management

Managing Partner

Current

Name

Anand Prasanna

Work History

Morgan Creek Capital Management

Title

Managing Partner

Status

Current

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