Venture Intelligence (TSJ Media Pvt. Ltd.)
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Jupiter Capital to launch $150-M fund
Jupiter Capital, originally the family office of Union minister of state for electronics and information technology Rajeev Chandrasekhar, is morphing into a specialised fund house with a focus on investing in SaaS companies. Jupiter Capital is to launch a $150 million fund called J1 Capital. The fund will invest early in the company lifecycle, typically in pre–Series A and Series A rounds where the company has a full product, customer traction, and insight into unit economics. The fund is targeting disruptive B2B startups that leverage India's strong technology ecosystem to build global products. Jupiter Capital will invest $1 - 10 million in each portfolio company.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.