About LGT
LGT is a venture capital firm founded in 2007. It is primarily based out of Vaduz, Liechtenstein. As of Jun 2021, LGT has invested in 50 companies. It primarily invests in Grant (prize money) round in India based startups. Its investments are spread across a wide range of sectors from Nonprofits to Food and Agriculture and Financial Services. Most recently it participated in the $***** Series C round of Varthana A lot of funds co-invest with LGT, with names like Gray Ghost Ventures sharing a substantial percentage of its portfolio. LGT has team of 22 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Grant (prize money), Seed & 5 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
LGT's List of Top Investments
LGT has a portfolio of 50 companies. Their most notable investments are in GreenOil Energy Sciences and Bive.Their portfolio spans across India, Kenya, United States and 6 more locations. They have invested in Nonprofits, Food and Agriculture, Financial Services and 12 other sectors, across stages such as Grant (prize money), Seed and 5 more. Here is the list of top investments by LGT:
AI-powered distributed energy platform delivering clean, reliable power in Global South. The company powers prosperity by providing renewable electricity to unserved and underserved communities. It utilizes an AI-enabled distributed energy resources (DER) platform to serve communities, commercial & industrial (C&I) businesses, and individual households. It offers flexible “pay-as-you-go” options. The company's assets are grid interoperable, supporting national electrification efforts. The platform leverages artificial intelligence to optimize energy demand, maximize renewable energy mix, and enhance customer service. It focuses on clean energy, renewable energy, solar power, rural electrification, energy access, commercial and industrial solar, rural e-commerce, digital finance, distributed renewable energy, community solar, and solar minigrids.
Key facts about Husk Power Systems
- Founded Year: 2008
- Location: Fort Collins (United States)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Stage: Series D
- Total Funding till date: $74.3M
- Employee Count: 466 as on Sep 30, 2026
- Investors: Shell, Engie and 18 Others
- Latest Funding Round: Conventional Debt, Sep 10, 2025, $*****
- Highlight: Editors' Pick
2. M Kopa
Key facts about M Kopa
- Founded Year: 2011
- Location: Nairobi (Kenya)
- Stage: Series D
- Total Funding till date: $241M
- Employee Count: 3,409 as on Sep 30, 2026
- Investors: Generation Investment Management, Sumitomo and 38 Others
- Latest Funding Round: Conventional Debt, Jun 06, 2024, $*****
- Highlight: Editors' Pick
3. Varthana
Provider of school and student loan solutions. Its loan are custom built to suit the wide range of projects that help school leaders unlock the schools potential, as well as for college going students for the educational goals. It also support students in excelling in the studies for the dream careers.
Key facts about Varthana
- Founded Year: 2013
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $89.5M
- Employee Count: 765 as on May 31, 2025
- Investors: ChrysCapital, Triodos Investment Management and 58 Others
- Latest Funding Round: Conventional Debt, Jan 08, 2026, $*****
- Highlight: Editors' Pick
Non-profit organisation focusing on poverty alleviation. It offers a non-profit institute that works with governments, markets, and civil society to build resilient livelihoods for all.
Key facts about Nudge Foundation
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Stage: Seed
- Total Funding till date: $150K
- Employee Count: 661 as on Sep 30, 2026
- Investors: The Rockefeller Foundation, Draper Richards Kaplan Foundation and 5 Others
- Latest Funding Round: Grant (prize money), Aug 01, 2022, $*****
Provider of cost-effective drip irrigation systems and solutions. It offers a complete range of micro-irrigation products, including dripper-less drip systems, laser spray technology, flexible pipes, and various drip irrigation kits. The company also provides accessories, fittings, pipes, and solar pumping solutions. Its products are designed to be user-friendly and require minimal maintenance, addressing common barriers to drip irrigation adoption. The focus is on delivering innovative technology to improve water efficiency and crop yields.
Key facts about Driptech India
- Founded Year: 2008
- Location: Pune (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Stage: Series A
- Total Funding till date: $8.72M
- Employee Count: 78 as on Aug 31, 2026
- Investors: Khosla Impact, LGT and 1 Other
- Latest Funding Round: Series A, Oct 07, 2013, $*****
LGT's Year-on-Year Investment Trends
LGT has invested in 50 companies over the last 18 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Last Mile Health and most recent follow-on round was in Varthana.LGT's Investments by Stage
LGT has made 11 investments in Grant (prize money) stage, 7 investments in Seed stage with an average round size of $820K and 6 investments in Series A stage with an average round size of $1.76M.Stage of entry | No. of Investments |
|---|---|
Grant (prize money) | 11 |
Seed | 7 |
Series A | 6 |
Conventional Debt | 3 |
Venture Debt | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
LGT's Investments by Sector
LGT has a diverse portfolio, with companies operating in the Environment, Food and Agriculture, Energy, Financial Services and Sustainability Tech. Notably, it has invested in 21 Consumer (B2C) companies, 21 Social impact companies, 12 Enterprise (B2B) companies and at least 6 companies focusing on Tech.Sector | No. of Investments |
|---|---|
Environment | 4 |
Food and Agriculture | 4 |
Energy | 3 |
Financial Services | 3 |
Sustainability Tech | 3 |
Others | 14 |
Note: We have considered here, only first round of investments
LGT's Investments by Geography
LGT has made most investments in India (9), followed by Kenya where it has made 6 investments.Country | No. of Investments |
|---|---|
India | 9 |
Kenya | 6 |
Colombia | 3 |
Philippines | 3 |
United States | 3 |
Others | 7 |
Note: We have considered here, only first round of investments
LGT's recent investments
LGT has not made any investment in 2026 so far.Here are the most recent investments by LGT:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 28, 2021 | India | Series C | 5480 | [+8] | |
2018 | United States | Grant (prize money) | 1575 | - | |
Mar 20, 2018 | India | Series C | 2146 | [+5] | |
Mar 15, 2018 | Kenya | Series D | 5419 | [+2] | |
2017 | Switzerland | Grant (prize money) | 4533 | - |
IPOs and Publicly Listed companies in LGT's Portfolio
1 of LGT's portfolio company became public - Bridge.Here are LGT's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | 2009 | Seed | 7787 |
Acquired companies in LGT's Portfolio
1 company from LGT's portfolio has been acquired. The most recent acquisition was Partsearch Technologies in Jun 2011 by Best Buy for $*****.Here are LGT's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 01, 2011 | - | - | 2912 |
Team profile of LGT
LGT has a team of 22 members including 5 Partners and 11 Principals located in India, Kenya and 2 more locations. LGT's team does not sit on the board of any company as of now.Here is a list of top team members in LGT:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Zurich | - | ||
Partner | Nairobi County | - | - | |
Partner | Stockholm | - | - | |
Principal | Nairobi | - | ||
Principal | Mumbai | - | ||
Principal | Delhi | - | ||
Principal | Delhi | - | ||
Principal | Bengaluru | - | ||
Principal | Nairobi | - |
Co-investors of LGT
Over the past 18 years, 145 investors have co-invested in LGT's portfolio companies. This includes funds and angels.
- Invested before LGT: Shell Foundation, Seedfund and 28 others have invested in rounds before LGT. There is 1 company where Shell Foundation has invested before LGT and 1 company where Seedfund has invested before LGT.
- Top Co-investors of LGT: 18 investors entered a company along with LGT. These include investors like Gray Ghost Ventures (1 company).
- Invested after LGT: A total of 97 investors have invested in LGT's portfolio after their investments. Top Investors include DFC (3 companies), FMO (2 companies) and IFC (2 companies).
Recent News related to LGT
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LGT Venture Philanthropy Extends Partnership with Quest Alliance to Make Youth Future-ReadyAsian News International•Aug 26, 2024•LGT, Quest Alliance
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LGT Venture Philanthropy partners with Quest Alliance to make youth in India 21st century readyAsian News International•Mar 29, 2023•LGT, Quest Alliance
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Yelo raises seed fundingBusiness Line•Sep 17, 2019•Z47, Omidyar Network, Flourish, Better Capital and 4 others
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M-Kopa Raises $10 Million Amid Staff Layoffs ControversyTechweez•Mar 16, 2018•M Kopa, FinDev Canada, CDC Group, Generation Investment Management and 1 other
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Varthana bags Rs 93 crore in Series B funding - The Economic TimesIndiatimes•Apr 14, 2016•Varthana, Kaizen Private Equity, Elevar Equity, Omidyar Network and 2 others
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M-Kopa Solar raises Sh1.12B in additional funding - Capital BusinessCapital Digital Media•Feb 03, 2015•M Kopa, East Africa Bank, Gates, Shell Foundation and 2 others
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M-KOPA Solar raises $12.45m in latest funding roundDisrupt Africa•Feb 02, 2015•M Kopa, LGT, Lundin Foundation, Treehouse Investments and 1 other
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Lender to affordable schools Varthana raises $4.4M from Omidyar, LGT & Elevar – VCCircleVCCircle•Sep 23, 2014•Varthana, Accion, Elevar Equity, LGT and 1 other
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