UNLEASH Capital Partners Closes Rs 300 Crore Fund
UNLEASH Capital Partners finalized its first fund, aiming for a target corpus of Rs 300 crore to support Indian startups focused on tech-driven financial inclusion.
The company, co-general partnered by Natsuki Sugai and Gojo & Company, Inc., intends to invest in 12 to 15 early-stage startups, with each investment ranging from Rs 5 crore to Rs 18 crore.
The VC's first fund secured approximately 35 Japanese Limited Partners (LPs) and exceeded the original fundraising goal. The company also possesses the ability to spearhead investments or collaborate with similar investors.
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"We deeply appreciate the confidence that our varied Japanese LPs have in us." This fund serves as a robust link, directing Japanese investment and knowledge into India's most promising fintech and financial service pioneers. "By supporting these nascent companies, we are confident that we can develop scalable solutions that foster significant and enduring financial equity for promising startups, setting the stage for disruption in India," stated Natsuki Sugai, Founder and Managing Partner at UNLEASH Capital Partners.
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As stated by the company, in addition to supplying capital, the fund brings extensive industry expertise, specifically targeting financial services and fintech sectors, along with a focus on impactful investments and worldwide connectivity.
Portfolio companies can access UNLEASH’s network of investors in Japan for equity and debt financing, along with business partnerships and possible M&A prospects.
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The VC firm's investments feature LetzRyd from Bengaluru, providing fleet management and leasing services; CredRight, a Hyderabad-based NBFC; and Ayekart from Mumbai, which delivers a comprehensive agritech platform, among others.