Investments
22Portfolio Exits
1Funds
4Partners & Customers
1About 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
Iron Pillar Web Traffic
Iron Pillar Rank
Latest Iron Pillar News
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.
Iron Pillar Investments Activity
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 | |||||
12/2/2020 | Series B |
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 | ||
Amount | $13M | $17.5M | $140M | ||
New? | Yes | Yes | No | ||
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 |
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
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 |