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Venture Capital
FINANCIAL | Investment Firms & Funds
kalaari.com

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Investments

203

Portfolio Exits

20

Funds

8

About Kalaari Capital

Kalaari Capital is a venture capital firm that provides early and mid-stage funding to new or growing businesses in India.On May 27, 2021, Kalaari Capital was acquired by Abuzz. The terms of the transaction were not disclosed.

Kalaari Capital Headquarter Location

Ground Floor, Unit-2, Navigator Bldg. International Tech Park, Whitefield Road

Bangalore, 560066,

India

+91 80 67159600

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Expert Collections containing Kalaari Capital

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Kalaari Capital in 2 Expert Collections, including Pharma Startups.

P

Pharma Startups

5,090 items

Pharmaceutical companies working across drug discovery, drug development and drug manufacturing.

F

Fitness Tech

227 items

We define fitness tech as companies leveraging software and technology to augment approaches to developing or maintaining physical fitness. Companies in this category develop tools and services including workout apps, wearables, and connected fitness equipment.

Research containing Kalaari Capital

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Kalaari Capital in 2 CB Insights research briefs, most recently on Apr 19, 2021.

Latest Kalaari Capital News

Exclusive: Kalaari Gets 14X Return & Mayfield 8X Return After Exit From Simplilearn

Sep 22, 2021

Mayfield, which led the Series C round of $15 Mn, has received 8X return during the exit Around $213 Mn of Blacksoil’s $250 Mn was used to buy shares from Simplilearn’s existing shareholders Early-stage investor Kalaari Capital received almost 14X return after its exit from Bengaluru and San Francisco-based edtech startup Simplilearn. Earlier in July this year, private equity investor Blackstone acquired a majority stake of around 60% in Simplilearn for $250 Mn. Of the total $250 Mn (approx INR 1,841 Cr) acquisition deal, over $214 Mn (INR 1,536 Cr) was utilised by Blackstone to buy shares of existing investors such as Kalaari Capital, Helion Ventures, Innoven Capital, and Mayfield, Inc42 source said. Vani Kola-led Kalaari Capital which had invested a total of around $9 Mn in the startup received $126 Mn from the exit, the source added. Another early to mid-stage venture capital Helion Ventures has received around 10-12X returns. Mayfield, which led the Series C round of $15 Mn in Simplilearn in 2015, received about 8X return from the exit. Mayfield invested around $8 Mn in the startup, which means, it received a $64 Mn return on investment. As per the recent regulatory filings accessed by Inc42, BCP Topco XI Pte Ltd, which is a private limited company incorporated in Singapore and is linked to private equity major Blackstone, has invested the remaining amount of the $250 Mn, that is around $36 Mn (INR 265 Cr) as a primary investment in Simplilearn. Mails sent to Kalaari Capital and Blackstone elicit no responses at the time of publishing the story. Sources confirmed that the investment will be part of the Series D round of the startup. The regulatory filing showed that Simplilearn will be allotting a total of 41485 Series D CCPS to Blackstone. At present, around 74% is held by Blackstone, 18% by founders/promoters and roughly 8% by the employees, reveals the company’s filing. Prior to Blackstone’s acquisition, Kalaari, Helion and Mayfield held a combined stake of 57% in Simplilearn . The investment will be utilised for growth of the startup along with market expansion. Founded in 2010 by Krishna Kumar, Simplilearn provides online training in disciplines such as cyber security, cloud computing, project management, digital marketing, and data science, among others. It offers courses in partnership with global universities and according to its website, it has helped over 2 Mn professionals, and companies across over 150 countries get trained, acquire certifications, and upskill their employees.

Kalaari Capital Investments

203 Investments

Kalaari Capital has made 203 investments. Their latest investment was in MoneyOnClick as part of their Series A on September 9, 2021.

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Kalaari Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/8/2021

Series A

MoneyOnClick

$8M

No

3one4 Capital Partners, Orios Venture Partners, and Picus Capital

3

8/30/2021

Series A

Elevar

$2.6M

Yes

Dream Capital

6

8/19/2021

Series A

AgNext Technologies

$21M

No

Falcon Edge Capital, and Omnivore Partners

5

7/26/2021

Seed VC

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$99M

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10

7/21/2021

Series A - III

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$99M

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10

Date

9/8/2021

8/30/2021

8/19/2021

7/26/2021

7/21/2021

Round

Series A

Series A

Series A

Seed VC

Series A - III

Company

MoneyOnClick

Elevar

AgNext Technologies

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Amount

$8M

$2.6M

$21M

$99M

$99M

New?

No

Yes

No

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Co-Investors

3one4 Capital Partners, Orios Venture Partners, and Picus Capital

Dream Capital

Falcon Edge Capital, and Omnivore Partners

Sources

3

6

5

10

10

Kalaari Capital Portfolio Exits

20 Portfolio Exits

Kalaari Capital has 20 portfolio exits. Their latest portfolio exit was Robosoft Technologies on August 10, 2021.

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

8/10/2021

Acquired

$991

5

7/19/2021

Acq - Fin

$991

1

6/14/2021

Acquired

9

00/00/0000

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10

00/00/0000

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$991

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10

Date

8/10/2021

7/19/2021

6/14/2021

00/00/0000

00/00/0000

Exit

Acquired

Acq - Fin

Acquired

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Companies

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Valuation

$991

$991

$991

Acquirer

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Sources

5

1

9

10

10

Kalaari Capital Acquisitions

1 Acquisition

Kalaari Capital acquired 1 company. Their latest acquisition was Zivame on May 29, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/29/2018

Series C - II

$56.17M

Shareholder Liquidity

2

Date

5/29/2018

Investment Stage

Series C - II

Companies

Valuation

Total Funding

$56.17M

Note

Shareholder Liquidity

Sources

2

Kalaari Capital Fund History

8 Fund Histories

Kalaari Capital has 8 funds, including CXXO.

Closing Date

Fund

Fund Type

Status

Amount

Sources

7/28/2021

CXXO

$10M

1

9/10/2015

Kalaari Capital Partners III

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$99M

10

7/26/2012

IndoUS Venture Partners II

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$99M

10

7/1/2007

NEA IndoUS Ventures

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$99M

10

6/12/2007

IndoUS Ventures Management

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$99M

10

Closing Date

7/28/2021

9/10/2015

7/26/2012

7/1/2007

6/12/2007

Fund

CXXO

Kalaari Capital Partners III

IndoUS Venture Partners II

NEA IndoUS Ventures

IndoUS Ventures Management

Fund Type

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Status

Amount

$10M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

Kalaari Capital Team

3 Team Members

Kalaari Capital has 3 team members, including current Chief Financial Officer, Karthik Nageswaran.

Name

Work History

Title

Status

Karthik Nageswaran

Chief Financial Officer

Current

Vani Kola

Managing Director

Current

Kumar T. Shiralagi

Managing Director

Current

Name

Karthik Nageswaran

Vani Kola

Kumar T. Shiralagi

Work History

Title

Chief Financial Officer

Managing Director

Managing Director

Status

Current

Current

Current

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