About JSW Ventures
JSW Ventures is a venture capital firm founded in 2007. It is primarily based out of Mumbai, India. As of Jan 2016, JSW Ventures has invested in 2 companies. It primarily invests in Series A round in India based startups. Its investments are spread across a wide range of sectors from Consumer to Retail and Enterprise Infrastructure. Most recently it participated in the $***** Series A round of Overcart Overall, JSW Ventures portfolio has seen 1 acquisition, namely Indus OS. A lot of funds co-invest with JSW Ventures, with names like Omidyar Network India sharing a substantial percentage of its portfolio. JSW Ventures has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Locations
Rounds of Entry
Series A
Portfolio Acquisitions
JSW Ventures' List of All Investments
JSW Ventures has a portfolio of 2 companies. Their most notable investments are in Indus OS and Overcart.Their portfolio spans across and India. They have invested in Consumer, Retail, Enterprise Infrastructure and 1 other sectors, across stages such as Series A stage. Here is the list of all investments by JSW Ventures:1. Indus OS
Indus OS, fka Firstouch, is a regional mobile operating system built on Android for catering to economic, social, and regional diversity of smartphone users in India. It features a virtual keyboard that comes with predictive text and swipe technology allowing users to translate and transliterate Indian regional languages text to English and vice versa with a swipe. The company also has an application marketplace called App Bazaar that features over 400,000 vernacular apps and comes with an integrated carrier billing payment gateway. As of 2018, it supports English and 23 other regional languages including Assamese, Bengali, Gujarati, Hindi, Kannada, Malayalam, Marathi, to name a few. The company has partnered with Micromax, Intex, Karbonn, Celkon, and Swipe for preloading Indus OS onto their phones. In 2016, it was declared the second most popular OS in India according to a research study conducted by Counterpoint Research with a 7.6% market share
Key facts about Indus OS
- Founded Year: 2013
- Location: Mumbai (India)
- Annual Revenue: $0 - $1M as on Mar 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $17.6M
- Employee Count: 46 as on Aug 31, 2026
- Investors: Samsung Venture Investment, BlackSoil and 32 Others
- Latest Funding Round: Series B, Jul 03, 2020, $*****
- Highlight: Acquired
2. Overcart
Overcart (previously Bootstrapp) is an online premium re-commerce company that helps customers buy and sell quality-certified, pre-owned, new, unboxed, refurbished, factory seconds, surplus, overstock and carton damaged products. The portal enables users to browse through the catalog of preowned products or sell their own preowned products. The company helps businesses set up their liquidation process, provides pricing data for unboxed items, and liquidates through an exclusive marketplace. Its backend dashboard RevStrapp helps client track each of their products through the liquidation cycle. AS of Dec 2017, Company is accepting only bulk orders.
Key facts about Overcart
- Founded Year: 2012
- Location: Delhi (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2018
- Last Known Valuation: $*****
- Stage: Deadpooled
- Total Funding till date: $3.65M
- Employee Count: 36 as on Apr 30, 2026
- Investors: GrowthStory, Snow Leopard Ventures and 57 Others
- Latest Funding Round: Series A, Jan 29, 2016, $*****
JSW Ventures' Investments by Stage
JSW Ventures has made 1 investment in Series A stage with an average round size of $3M.JSW Ventures' Investments by Sector
JSW Ventures has a diverse portfolio, with companies operating in the Consumer and Retail. Notably, it has invested in 2 Consumer (B2C) companies, 2 Enterprise (B2B) companies, 2 Tech companies and at least 1 company focusing on Marketplace.JSW Ventures' Investments by Geography
JSW Ventures has made most investments in India (1).JSW Ventures' recent investments
JSW Ventures has not made any investment in 2026 so far.Here are the most recent investments by JSW Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 29, 2016 | India | Series A | 3116 |
Acquired companies in JSW Ventures' Portfolio
1 company from JSW Ventures' portfolio has been acquired. The most recent acquisition was Indus OS in May 2021 by PhonePe for $*****.Here are JSW Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 19, 2021 | - | - | 9002 |
Team profile of JSW Ventures
JSW Ventures has a team of 2 members including 2 Partners located in India. JSW Ventures' team sits on the board of 6 companies.Co-investors of JSW Ventures
Over the past 10 years, 55 investors have co-invested in JSW Ventures's portfolio companies. This includes funds and angels.
- Invested before JSW Ventures: A & G, Snow Leopard Ventures and 47 others have invested in rounds before JSW Ventures. There is 1 company where A & G has invested before JSW Ventures and 1 company where Snow Leopard Ventures has invested before JSW Ventures.
- Top Co-investors of JSW Ventures: 6 investors entered a company along with JSW Ventures. These include investors like Omidyar Network India (1 company).
Recent News related to JSW Ventures
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Healthtech Startup Healthplix Raises $6m From Jsw Ventures, Chiratae Ventures, Kalaari CapitalYourStory•Jun 08, 2020•HealthPlix, JSW Group, Chiratae Ventures, Kalaari Capital and 1 other
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HomeLane Raises $30 Mn From Evolvence India Fund, Pidilite Group And OthersIndianWeb2•Dec 23, 2019•HomeLane, Evolvence India, Pidilite, FJ Labs and 7 others
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JSW Ventures Strengthens Management Team Ahead Of New Fund LaunchBW Businessworld•Oct 15, 2019•JSW Ventures
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Accel Partners Invests $1 Mn Seed Funding In Home Decor Startup SpacejoyInc42•Sep 20, 2019•Spacejoy, Accel, HomeLane, Sequoia Capital and 1 other
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HomeLane Secures $4.56 Mn In Its Ongoing Series D Funding RoundInc42•Feb 25, 2019•HomeLane, Accel, Sequoia Capital, JSW Ventures
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India’s JSW Steel acquires Dolvi Minerals and Metals for $14.8 mlnInvestsize•Oct 25, 2018•JSW Ventures
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JSW Steel weighing options to fund acquisition of Bhushan Power, Essar SteelIndiatimes•Oct 19, 2018•Bhushan Power & Steel, Essar Steel, JSW Group, JSW Ventures and 1 other
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Tata, JSW in race to buy 1,980 Mw Prayagraj Power unitIndiatimes•Aug 23, 2018•Tata Power, JSW Ventures, ICICI Group Companies, JSW Group
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London investment firm leads funding round in beauty e-tailer PurplleVCCircle•Jun 20, 2018•Purplle, JSW Ventures, Nava, IvyCap Ventures and 2 others
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JSW Steel, AION get creditors' nod for Monnet Ispat takeoverIndiatimes•Apr 10, 2018•Monnet Group, AION Partners, JSW Group, JSW Ventures and 1 other
