Chakra Growth Fund: A Saratoga Fund With Deep India Roots

Overview

Chakra Growth Fund is a venture capital firm headquartered in Saratoga, California. Sri Purisai founded the firm and serves as founder and managing director. Maya Gadhvi joined as founding general partner alongside him. The firm grew out of RiSo Capital, which began with an India-first investment thesis. It now backs global-first companies solving problems in energy, mobility, and automation.

Investment Focus and Stage

Chakra Growth Fund targets deeptech, climate tech, and artificial intelligence companies. It focuses specifically on electric mobility, supply chain logistics, and emissions monitoring. The firm invests across pre-seed, seed, series A, series B, and growth equity. It looks for gritty founders applying breakthrough technology to large, established markets. The team emphasizes operational engagement and data-driven decision-making with portfolio companies.

Fund Size and Portfolio

Chakra Growth Fund targets a total fund size of $50 million. It completed a first close in December 2023 and planned a further $20 million raise. ZYPP Electric and Ambee both count among its confirmed portfolio companies. The firm's broader history includes investments like ZVOLV, Stockal, and Crediwatch. Its most recent tracked deal backed Volektra in a $5 million series A round.

Leadership

Sri Purisai founded Chakra Growth Fund and serves as founder and managing director. He previously built his venture background through RiSo Capital's India-first strategy. Maya Gadhvi serves as founding general partner alongside him. Mark Joseph and Rampi Kandadai also hold founding general partner roles at the firm. Together they lead a global network of family offices and strategic partners.