VC Fund Investments
LetsVenture raises $3-M for captable mgmt platform trica from Accel, LC Nueva AIF, others
Deal syndication platform LetsVenture promoted ‘trica' has raised USD 3 million in seed funding from Accel India, LC Nueva AIF and Secocha Ventures. trica is a rebranded version of MyStartupEquity – a SaaS product for cap table and ESOP management, originally launched by LetsVenture in January 2020. Others who participated in the round include angel investors Anupam Mittal of Shaadi.com, Kunal Shah of CRED, Ashneer Grover of BharatPe, as well as family offices of Apurva Parekh of Pidilite, Rahul Talwar of the DLF Group and others. The service aims to provide a single platform for equity management and private market investments targeted at independent investors and founders. The new funds raised will be used to build out the technology infrastructure stack for equity management for startups and investors, scale the product and grow the team. Investments into trica are warehoused in the name of LC Nueva Alternate Investment Fund, an AIF that is currently awaiting approval from the capital markets regulator Sebi.
From the Venture Intelligence PE-VC Deal Database: Investors in LetsVenture include Nandan Nilekani, Ratan Tata, Accel India and Chiratae Ventures.
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