PeerCapital
PeerCapital backs Indian early-stage technology startups across consumer, fintech, healthtech, commerce, and applied AI.
Overview
PeerCapital is a Bengaluru-based venture capital firm founded in 2022. It partners with entrepreneurs building technology businesses for Indian consumers, businesses, and global markets. The firm follows a hands-on approach, drawing on its partners' experience in entrepreneurship, consulting, product development, and company building.
Investment Focus and Stage
PeerCapital invests from Seed to Series A, with cheque sizes ranging from $500,000 to $2 million. It focuses on capital-efficient businesses with the potential to build scalable products and reach large customer markets.
Its investment themes include digital commerce, consumer technology, fintech, healthtech, entertainment, gaming, consumer AI, and enterprise AI. The firm is interested in technology that changes how people discover and purchase products, how businesses manage operations, and how digital services reach consumers beyond major metropolitan areas.
Fund Size and Portfolio
PeerCapital's maiden fund secured a first close of ₹300 crore in February 2023. The fund backs early-stage technology companies and maintains reserves for follow-on investments.
Its portfolio includes 16 companies, including Bidso, Flash, Fabriclore, Redacto, Stupa, Terra, Vaaree, Webless, Furrl, One Impression, UrSpayce, TyrePlex, and other technology-led businesses. These companies span manufacturing procurement, online shopping, fabric sourcing, home furnishings, sports analytics, workspace management, and creator marketing.
Leadership
Ankur Pahwa is Managing Partner. He spent more than two decades at EY, where he advised startups, entrepreneur-led businesses, and investors on transactions, acquisitions, and growth.
Karthik Prabhakar is Managing Partner, bringing experience in venture capital, product development, and marketing. He has been part of India's technology industry since 2005 and has also worked on IoT solutions.
Rohit M A is Managing Partner and co-founded Cloudnine Group of Hospitals in 2006. His experience building and scaling a healthcare business informs his work with early-stage founders.