Investments
28Portfolio Exits
1Funds
4Partners & Customers
3About 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.
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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
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.
Iron Pillar Investments Activity
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 | |||||
11/17/2021 | Series B |
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 | ||
Amount | $65M | $50M | $70M | ||
New? | No | No | Yes | ||
Co-Investors | |||||
Sources | 11 | 2 | 15 |
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 | 8 |
Date | 12/12/2019 |
|---|---|
Exit | Corporate Majority |
Companies | |
Valuation | |
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 | ||||
7/13/2018 | Iron Pillar Fund I | ||||
Iron Pillar Fund II |
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 | ||||
Status | ||||
Amount | $45M | |||
Sources | 2 |
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 | ||||
1/17/2017 | Partner |
Date | 6/2/2020 | 11/9/2018 | 1/17/2017 |
|---|---|---|---|
Type | Partner | Partner | Partner |
Business Partner | |||
Country | United States | ||
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 . | ||
Sources | 3 |
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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