About IndoUS Venture Partners
IndoUS Venture Partners is a venture capital firm founded in 2005. It is primarily based out of Santa Clara, United States. As of Feb 2014, IndoUS Venture Partners has invested in 24 companies. It primarily invests in Series A round in India based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Life Sciences. Most recently it participated in the $***** Series C round of Attero Overall, IndoUS Venture Partners portfolio has seen 1 unicorn, 2 IPOs and 8 acquisitions including key companies like Myntra, Snapdeal and Via. A lot of funds co-invest with IndoUS Venture Partners, with names like New Enterprise Associates sharing a substantial percentage of its portfolio. IndoUS Venture Partners has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 3 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
IndoUS Venture Partners' List of Top Investments
IndoUS Venture Partners has a portfolio of 24 companies, one of which is a Unicorn. Their most notable investments are in VenSat Tech Services and CARZ.Their portfolio spans across India and United States. They have invested in Enterprise Applications, Consumer, Life Sciences and 12 other sectors, across stages such as Series A, Seed and 3 more. Here is the list of top investments by IndoUS Venture Partners:
1. Myntra
Online retailer of fashion, lifestyle, beauty, personal care, and home products. The company provides clothing, footwear, accessories, personal care items, and home furnishings. Merchandise includes apparel, shoes, jewellery, makeup, skincare, home décor, and bedding. The business offers a loyalty program and a personalized fashion feed.
Key facts about Myntra
- Founded Year: 2007
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $125M
- Employee Count: 1,031 as on Apr 30, 2026
- Investors: Helion Venture Partners, Chiratae Ventures and 25 Others
- Latest Funding Round: Series E, Jan 27, 2014, $*****
- Highlight: Acquired
2. Snapdeal
Online retailer of clothing, shoes, and home decor items. The business provides a platform for shoppers seeking fashion and lifestyle products. It focuses on offering options that cater to various customer needs. The business aims to make online shopping accessible for users.
Key facts about Snapdeal
- Founded Year: 2010
- Location: Gurugram (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $1.77B
- Employee Count: 339 as on May 31, 2026
- Investors: Foxconn Electronics, Tybourne Capital Management and 56 Others
- Latest Funding Round: Angel, Jul 23, 2019, $*****
- Highlight: Editors' Pick
3. Via
Via is an online travel agency. Its web and app-based platforms enable users to book flights, hotels, buses, holiday packages and trips. They can earn rewards, make online payments and book travel services across multiple locations like Goa, Singapore and Thailand. Its app is available across both Android and iOS platforms.
Key facts about Via
- Founded Year: 2006
- Location: Bengaluru (India)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $20M
- Employee Count: 836 as on May 31, 2026
- Investors: WestBridge Capital, Sequoia Capital and 8 Others
- Latest Funding Round: Series B, Oct 27, 2009, $*****
- Highlight: Acquired
4. Attero
Provider of e-waste and lithium-ion battery recycling solutions. The company offerings include e‑waste recycling and lithium‑ion battery management, with facilities for material recovery and safe disposal. It features include specialized recycling technologies, for greenhouse gas emissions, and generation of carbon credits. It also provides support to OEMs and contributes to the circular economy by recovering critical metals.
Key facts about Attero
- Founded Year: 2008
- Location: Noida (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $31.1M
- Employee Count: 337 as on Apr 30, 2026
- Investors: Forum Synergies, Kalaari Capital and 10 Others
- Latest Funding Round: Series C, Feb 25, 2014, $*****
- Highlight: Editors' Pick
5. MedPlus
Pharmacy retail chain. It is offering prescription and OTC medicines, FMCG products, vitamins, nutrition supplements, and optical products. Its services includes home delivery and click & pick options for medicines and health products, clinical laboratory services, and physician consultations.
Key facts about MedPlus
- Founded Year: 2006
- Location: Hyderabad (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $269M
- Employee Count: 1,413 as on Mar 31, 2026
- Investors: KPitalism, Goldman Sachs and 32 Others
- Latest Funding Round: Series C, Feb 09, 2021, $*****
- Highlight: Public
IndoUS Venture Partners' Investments by Stage
IndoUS Venture Partners has made 15 investments in Series A stage with an average round size of $5.33M, 2 investments in Seed stage with an average round size of $2.22M, 1 investment in PE stage with an average round size of $30M, 1 investment in Series B stage with an average round size of $9.66M and 1 investment in Unattributed stage with an average round size of $10M.Stage of entry | No. of Investments |
|---|---|
Series A | 15 |
Seed | 2 |
PE | 1 |
Series B | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
IndoUS Venture Partners' Investments by Sector
IndoUS Venture Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Retail, FinTech and Healthcare. Notably, it has invested in 15 Tech companies, 13 Enterprise (B2B) companies, 6 Consumer (B2C) companies and at least 6 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 6 |
Consumer | 4 |
Retail | 3 |
FinTech | 2 |
Healthcare | 2 |
Others | 13 |
Note: We have considered here, only first round of investments
IndoUS Venture Partners' Investments by Geography
IndoUS Venture Partners has made most investments in India (15), followed by United States where it has made 5 investments.Country | No. of Investments |
|---|---|
India | 15 |
United States | 5 |
Note: We have considered here, only first round of investments
IndoUS Venture Partners' recent investments
IndoUS Venture Partners has not made any investment in 2026 so far.Here are the most recent investments by IndoUS Venture Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 25, 2014 | India | Series C | 9328 | [+5] | |
Feb 05, 2013 | India | Series C | 2271 | - | |
Feb 04, 2013 | India | Series C | 5934 | [+5] | |
Sep 12, 2012 | United States | Series A | 3570 | [+2] | |
Aug 09, 2012 | India | Seed | 1198 |
Unicorns in IndoUS Venture Partners' Portfolio
IndoUS Venture Partners has 1 unicorn in its portfolio - Snapdeal. The most recent unicorn in their portfolio is Snapdeal which became a unicorn in 2014, 12 years before IndoUS Venture Partners first invested in it.Here is a list of unicorns in IndoUS Venture Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Online retailer of clothing, shoes, and home decor items | 2010 | Gurugram | Series H | dwcajdz |
IPOs and Publicly Listed companies in IndoUS Venture Partners' Portfolio
2 of IndoUS Venture Partners' portfolio companies have become public. Vyome Therapeutics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Aug 2025 and MedPlus got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) at marketcap of $1.16B.Here are IndoUS Venture Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 15, 2025 | Sep 12, 2012 | Series A | 2468 | |
Dec 23, 2021 | Feb 07, 2007 | Series A | 5443 |
Acquired companies in IndoUS Venture Partners' Portfolio
8 companies from IndoUS Venture Partners' portfolio have been acquired. The most recent acquisition was Urban Ladder in Nov 2020 by Reliance Retail for $*****.Here are IndoUS Venture Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 14, 2020 | Aug 09, 2012 | Seed | 4898 | |
Dec 23, 2019 | Aug 10, 2011 | PE | 9316 | |
Oct 08, 2018 | Jul 09, 2012 | Series A | 1999 | |
Dec 21, 2017 | Aug 09, 2010 | Series A | 2731 | |
Oct 31, 2017 | May 14, 2007 | Series A | 6623 |
Team profile of IndoUS Venture Partners
IndoUS Venture Partners has a team of 3 members including 3 Partners located in India and United States. IndoUS Venture Partners' team sits on the board of 3 companies.Here is a list of all team members in IndoUS Venture Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Bengaluru | - | - | |
Partner | Bengaluru | ElasticRun, Apalya and 2 more | - | |
Partner | Fremont |
Co-investors of IndoUS Venture Partners
Over the past 19 years, 144 investors have co-invested in IndoUS Venture Partners's portfolio companies. This includes funds and angels.
- Invested before IndoUS Venture Partners: Sasha Gulu Mirchandani, Accel and 63 others have invested in rounds before IndoUS Venture Partners. There are 2 companies where Sasha Gulu Mirchandani has invested before IndoUS Venture Partners and 1 company where Accel has invested before IndoUS Venture Partners.
- Top Co-investors of IndoUS Venture Partners: 28 investors entered a company along with IndoUS Venture Partners. These include investors like New Enterprise Associates (6 companies).
- Invested after IndoUS Venture Partners: A total of 51 investors have invested in IndoUS Venture Partners's portfolio after their investments. Top Investors include Kalaari Capital (3 companies), Premji Invest (2 companies) and Sequoia Capital (2 companies).
Recent News related to IndoUS Venture Partners
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AppsDaily raises $3.7M from Kalaari Capital, Qualcomm Ventures & othersMediaNama•Oct 04, 2016•AppsDaily, Kalaari Capital, Qualcomm, Zodius and 1 other
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e-waste management firm Attero raises Rs 100 cr | Business Standard NewsBusiness Standard•Aug 28, 2014•Attero, Forum Synergies, DFJ, IndoUS Venture Partners and 2 others
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Attero raises $16.5M in Series C from Forum Synergies, existing investors – VCCircleVCCircle•Aug 28, 2014•Attero, Forum Synergies, DFJ, IndoUS Venture Partners and 3 others
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Attero Recycling Raising $8.3M From IFC, Granite Hill – VCCircleVCCircle•Aug 05, 2010•Attero, Granite Hill Capital Partners, IndoUS Venture Partners, DFJ and 1 other
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Connectiva Systems Secures $17M in Financing | Business WireBusiness Wire•Sep 23, 2008•Connectiva Systems, IndoUS Venture Partners, IFC, Ovation Capital Partners and 1 other
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Attero Recycling Raises Series A Funding of US$6.3 MillionPR Newswire•Aug 21, 2008•Attero, DFJ, IndoUS Venture Partners
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Attero recycling raises funding of $6.3 millionFinancial Express•Attero, DFJ, IndoUS Venture Partners
