About Sumeru Ventures
Sumeru Ventures is a venture capital firm founded in 2018. It is primarily based out of Los Angeles, United States. As of Mar 2022, Sumeru Ventures has invested in 5 companies. It primarily invests in Series F round in India based startups. Its investments are spread across a wide range of sectors from Consumer to Retail and Enterprise Applications. Most recently it participated in the $***** Series J round of VerSe Overall, Sumeru Ventures portfolio has seen 2 unicorns and 1 IPO, namely Swiggy, Apollo and VerSe. A lot of funds co-invest with Sumeru Ventures, with names like 360 One sharing a substantial percentage of its portfolio. Sumeru Ventures has team of 7 people including 2 partners.Key Metrics
Sumeru Ventures' List of All Investments
Sumeru Ventures has a portfolio of 5 companies, including 2 unicorns. Their most notable investments are in BYJU'S and Goqii.Their portfolio spans across India and United States. They have invested in Consumer, Retail, Enterprise Applications and 6 other sectors, across stages such as Series C, Series F and 2 more. Here is the list of all investments by Sumeru Ventures:1. Swiggy
Online platform that enables users to order food, groceries, and dining‑out options. It coordinates pickup and delivery services for a wide range of restaurants and retail partners.
Key facts about Swiggy
- Founded Year: 2013
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $3.62B
- Employee Count: 4,488 as on Mar 31, 2025
- Investors: Harmony Partners, Harmony Venture Partners and 90 Others
- Latest Funding Round: Post IPO, Dec 12, 2025, $*****
- Highlight: Public
2. Apollo
Provider of AI-driven B2B sales intelligence and engagement platform. The company offers a comprehensive suite of tools including a vast verified contact database with millions of profiles, advanced filtering for precise lead targeting, and multi-channel outreach automation across email, phone, and social media channels. Its platform integrates seamlessly with popular CRM systems to streamline workflows, automate repetitive sales tasks such as sequencing and follow-ups, and provide analytics for performance optimization. AI capabilities personalize messaging and improve engagement rates while data enrichment ensures accuracy and relevance.
Key facts about Apollo
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $250M
- Employee Count: 928 as on Sep 30, 2026
- Investors: Nexus Venture Partners, NewView Capital and 25 Others
- Latest Funding Round: Series D, Aug 29, 2023, $*****
- Highlight: Editors' Pick
3. BYJU'S
Provider of online and offline academic tutoring for school students. This organization delivers educational instruction for primary and secondary grade levels. It offers preparation courses for competitive entrance examinations. The curriculum includes subjects such as mathematics, physics, chemistry, and biology. Instruction is delivered through digital platforms and physical learning centers. The service model incorporates video lessons, interactive assessments, and structured learning paths to facilitate subject mastery.
Key facts about BYJU'S
- Founded Year: 2011
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2022
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $4.6B
- Employee Count: 19,066 as on Sep 30, 2026
- Investors: ADS Ventures, Silver Lake and 130 Others
- Latest Funding Round: Conventional Debt, May 12, 2023, $*****
4. VerSe
Developer of a technology platform for consuming short video content. This platform enables users to access and engage with short-form video media across various local languages. The technology supports content creation and distribution, facilitating interaction between creators and audiences through digital interfaces.
Key facts about VerSe
- Founded Year: 2007
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series J
- Total Funding till date: $1.68B
- Employee Count: 541 as on May 31, 2026
- Investors: Goldman Sachs, Baillie Gifford and 50 Others
- Latest Funding Round: Venture Debt, Feb 07, 2024, $*****
- Highlight: Editors' Pick
5. Goqii
Provider of a wearable wristband integrated with personalized coaching. It enables users to monitor body temperature, record and track heart rate and PPG, check for atrial fibrillation, monitor blood pressure, and enables users to track real-time activity routes, distance, pace, calories, and more. It also offers an app that is compatible with iOS and Android devices for interacting with a personal coach, experts, and a doctor that allows users to meet health targets. It is available in a subscription-based pricing model.
Key facts about Goqii
- Founded Year: 2014
- Location: Redwood City (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $110M
- Employee Count: 266 as on Sep 30, 2026
- Investors: Green Era Capital, BlackSoil and 35 Others
- Latest Funding Round: Series C, Mar 29, 2022, $*****
- Highlight: Editors' Pick
Sumeru Ventures' Year-on-Year Investment Trends
Sumeru Ventures has invested in 5 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in VerSe.Sumeru Ventures' Investments by Stage
Sumeru Ventures has made 1 investment in Series C stage with an average round size of $50M, 1 investment in Series F stage with an average round size of $400M, 1 investment in Series J stage with an average round size of $805M and 1 investment in Series K stage with an average round size of $700M.Stage of entry | No. of Investments |
|---|---|
Series C | 1 |
Series F | 1 |
Series J | 1 |
Series K | 1 |
Note: We have considered here, only first round of investments
Sumeru Ventures' Investments by Sector
Sumeru Ventures has a diverse portfolio, with companies operating in the Consumer, EdTech, Enterprise Applications, Food and Agriculture Tech and Gig Economy. Notably, it has invested in 5 Tech companies, 4 Consumer (B2C) companies, 2 Enterprise (B2B) companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 4 |
EdTech | 1 |
Enterprise Applications | 1 |
Food and Agriculture Tech | 1 |
Gig Economy | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Sumeru Ventures' Investments by Geography
Sumeru Ventures has made most investments in India (3), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 3 |
United States | 1 |
Note: We have considered here, only first round of investments
Sumeru Ventures' recent investments
Sumeru Ventures has not made any investment in 2026 so far.Here are the most recent investments by Sumeru Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 29, 2022 | India | Series J | 1811 | [+6] | |
Feb 16, 2022 | United States | Series C | 2490 | [+14] | |
Jan 24, 2022 | India | Series K | 8637 | [+18] | |
Dec 08, 2021 | India | Series F | 8667 |
Unicorns in Sumeru Ventures' Portfolio
Sumeru Ventures has 2 unicorns in its portfolio - Apollo and VerSe. The most recent unicorn in their portfolio is Apollo. It became a unicorn in 2023, 3 years before Sumeru Ventures first invested in it.Here is a list of unicorns in Sumeru Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
76 | Provider of AI-driven B2B sales intelligence and engagement platform | 2015 | San Francisco | Series D | vzihsdn | ||
71 | Developer of a technology platform for consuming short video content | 2007 | Bengaluru | Series J | fehobcf |
IPOs and Publicly Listed companies in Sumeru Ventures' Portfolio
1 of Sumeru Ventures' portfolio company became public - Swiggy. It got listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), in Nov 2024 at marketcap of $10.3BHere are Sumeru Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 13, 2024 | Jan 24, 2022 | Series K | 5272 |
Team profile of Sumeru Ventures
Sumeru Ventures has a team of 7 members including 2 Partners and 1 Venture Partner located in United States. Sumeru Ventures' team sits on the board of 1 company.Here is a list of all team members in Sumeru Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Los Angeles | |||
Partner | Redwood City | - | - | |
Venture Partner | New York City | - | - |
Co-investors of Sumeru Ventures
Over the past 5 years, 196 investors have co-invested in Sumeru Ventures's portfolio companies. This includes funds and angels.
- Invested before Sumeru Ventures: Qatar Investment Authority, Naspers and 139 others have invested in rounds before Sumeru Ventures. There are 3 companies where Qatar Investment Authority has invested before Sumeru Ventures and 2 companies where Naspers has invested before Sumeru Ventures.
- Top Co-investors of Sumeru Ventures: 27 investors entered a company along with Sumeru Ventures. These include investors like 360 One (1 company).
- Invested after Sumeru Ventures: A total of 28 investors have invested in Sumeru Ventures's portfolio after their investments. Top Investors include Amitabh Bachchan family office (1 company), The Ramco Cements (1 company) and Ramco Industries (1 company).
Recent News related to Sumeru Ventures
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Byju Raveendran To Raise Funding To Increase His Stake To 40% In BYJU’SInc42•Jan 04, 2023•BYJU'S, Sumeru Ventures
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Edtech Giant BYJU’S Raises $49 Mn From Its Singapore Holding CompanyInc42•Oct 01, 2022•BYJU'S, BlackRock, Vitruvian Ventures, General Atlantic and 1 other
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Byju’s plans to raise $2.4 bn to buy American edtech firm 2UMint•Jul 04, 2022•BYJU'S, 2U, Oxshott Capital, Edelweiss and 19 others
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Google-backed VerSe valued at $5 billion in latest funding roundBusiness Standard•Apr 06, 2022•CPP Investments, Ontario Teachers' Pension Plan, Luxor Capital Group, VerSe and 5 others
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Dailyhunt parent raises $805 mn at $5 bn valn; aims to achieve profitability in 3 yrsVCCircle•Apr 06, 2022•VerSe, CPP Investments, Ontario Teachers' Pension Plan, Luxor Capital Group and 10 others
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Healthtech Startup GOQii Raises USD 10 Million To Launch Its Health MetaverseEnablers•Mar 30, 2022•Goqii, Animoca Brands, Sumeru Ventures, 9Unicorns and 1 other
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India's Byju's raises $800m at $22bn valuationAsian Venture Capital Journal•Mar 14, 2022•BYJU'S, BlackRock, Sumeru Ventures, Vitruvian Partners and 4 others
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India’s Goqii bags $50m series C money for SEA launchTech in Asia•Feb 16, 2022•Goqii, Sumeru Ventures, Ascendo Resources, Mitsui and 7 others
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Swiggy doubles valuation to $10.7 billion in latest fundraiseTimes Now News•Jan 24, 2022•Swiggy, Baron Capital Group, Sumeru Ventures, India Infoline and 16 others
