**247 VC: A Mumbai-Based Seed-Stage Venture Capital ### **Firm# ###### ****

Overview

Founded in 2025, 247 VC is an India-based venture capital firm. The firm invests across early and growth stages. Its sector focus is sector agnostic.

The firm focuses on seed-stage investments in Indian startups. Its investment themes cover advanced manufacturing, frontier deep technology, enterprise technology, and consumer technology.

247 VC also has a presence in the National Capital Region. Shashank Randev launched the firm's second office in Noida.

Investment Focus and Stage

247 VC focuses on four main investment themes. These are advanced manufacturing, frontier deep technology, enterprise technology, and consumer technology.

Advanced manufacturing forms part of the firm's Industry 5.0 focus. Frontier technology covers areas such as deep technology and artificial intelligence. Enterprise technology includes software and technology-led business solutions.

The firm focuses on seed-stage companies. Its initial investment range is around $325,000 to $540,000., based on the firm's stated investment approach. It also keeps capital available for follow-on investments.

Fund Size and Portfolio

247 VC's first fund has a base size of ₹200 crore. The fund has an additional ₹50 crore greenshoe option. This gives the fund a target corpus of ₹250 crore.

The fund plans to invest in about 30 startups over three years. Its typical investment starts around ₹3 crore to ₹4 crore and can increase through later rounds.

The firm has made investments in startups such as DREAM AEROSPACE. In June 2026, DREAM AEROSPACE raised ₹10 crore in a round led by 247 VC and Campus Angels Network.

Leadership

Yagnesh Sanghrajka is the Founder and Managing Partner of 247 VC. He previously worked as a founder and investor at 100X.VC.

Shashank Randev is the Founder and General Partner of 247 VC. He also previously worked at 100X.VC and has experience in venture investing.

Both founders were involved in establishing 247 VC in late 2024, before the firm's 2025 launch. Their investment focus at 247 VC covers seed-stage companies across the firm's four main themes.

Summary

247 VC is a Mumbai-based venture capital firm founded in 2025. It operates through a SEBI Category II AIF.

The firm's first fund has a ₹200 crore base size and a ₹50 crore greenshoe option. It plans to invest in about 30 startups over three years.

Its main themes are advanced manufacturing, frontier deep technology, enterprise technology, and consumer technology. Yagnesh Sanghrajka and Shashank Randev are the firm's Founder and Managing Partner and Founder and General Partner.