Colossa Ventures: An India-Based Venture Capital Firm Focused on WomenFirst Businesses
Colossa Ventures is an India-based venture capital firm focused on women-first businesses across SaaS and deep tech, fintech, healthcare, climate and cleantech, and consumer sectors. The firm invests across early and later stages, with recent activity in FableStreet, Exposome, Meolaa, and Lissun. Its Colossa WomenFirst Fund recorded a first close of ₹100 crore in 2024.
Overview
Colossa Ventures is a venture capital management company based in Mumbai. Ashu Suyash and Vandana Rajadhyaksha founded the firm. Suyash serves as Founder and CEO, while Rajadhyaksha is a co-founder. The firm manages the Colossa WomenFirst Fund, a Category II alternative investment fund registered with SEBI.
The firm's investment thesis centers on businesses built around the women economy. Its investment categories include SaaS and deep tech, fintech, healthcare, climate and cleantech, and consumer businesses. Colossa also invests in companies connected to sustainability and inclusion.
Investment Focus and Stage
Colossa Ventures invests across several sectors rather than operating within a single industry. Its stated categories include SaaS and deep tech, fintech, healthcare, climate and cleantech, and consumer businesses. Recent investments include companies in apparel, education technology, biotechnology, clean technology, and mobility.
The firm has participated in seed and pre-Series A transactions and has also invested in later rounds. FableStreet received Colossa Ventures' participation in a Series B round in 2025. Exposome received funding led by Colossa Ventures in its pre-Series A round in 2024.
Fund and Portfolio
Colossa Ventures manages the Colossa WomenFirst Fund, which is registered as a Category II AIF. The fund recorded its first close at ₹100 crore in March 2024. The investment manager is Colossa Ventures LLP.
Recent investment activity extends beyond the eight companies listed in the provided data. Colossa Ventures has made investments in companies such as FableStreet, Exposome, CENTA, Meolaa, Morphing Machines, and Lissun. A current investment database records 23 investments, including a Series A investment in Lissun in August 2026.
Leadership
Ashu Suyash is the Founder and CEO of Colossa Ventures. She previously served as Managing Director and CEO of CRISIL and held senior roles at Fidelity and Citibank.
Vandana Rajadhyaksha is a co-founder of Colossa Ventures. She previously worked as a partner at ICICI Ventures and Aditya Birla Private Equity. The firm's leadership also includes senior investment professionals such as Rajesh Krishnamoorthy, who serves as a Senior Venture Partner