She Capital

What She Capital does

She Capital is a New Delhi-based, SEBI-registered early-stage venture capital firm founded in 2018 by Anisha Singh (previously founder of MyDala), focused exclusively on backing women-led and women-centric startups in India. The firm operates two Category II Alternative Investment Funds — She Capital Fund (IN/AIF2/17-18/0525) managed by She Capital LLP, and SC Founders Fund (IN/AIF2/23-24/1382) managed by She Capital Venture Private Limited — and has deployed capital across 14 portfolio companies spanning D2C homeware, social commerce, transit retail, artisanal food, neuroscience AI, hair care, lingerie, edtech, sports, jewellery, metaverse, and hospitality training.

She Capital does not develop proprietary technology; its core product is venture capital allocation combined with a community platform built around its flagship annual 'Together' conference (now in its fourth edition, held in Goa) and a stated network of 10,000+ female founders, supported by a lean team of 8 professionals. Revenue follows conventional VC mechanics: management fees on committed fund capital plus carried interest from exits, with one material exit to date — portfolio company Clovia was acquired by Reliance Retail for Rs 950 crore.

The go-to-market model is community-led and event-driven: deal sourcing relies on direct outreach to early-stage female founders, the Together event series, and ecosystem partnerships with AWS, Google, HT Media Group, Shardul Amarchand Mangaldas, Kotak Private, Indifi Capital, and IDFC First Bank. Limited partners are not publicly disclosed, consistent with standard AIF confidentiality, and She Capital's customer base is bifurcated into portfolio companies (the invested-in entities) and the LPs funding the two AIF vehicles.

Name

She Capital

Legal name

She Capital

Website

https://shecapital.vc

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

She Capital, founded in 2018 in New Delhi, is a SEBI-registered early-stage venture capital fund investing exclusively in women-led and women-centric startups in India. It manages two Category II AIFs, has backed 14 portfolio companies, and runs a 10,000+ member female founder community anchored by its annual 'Together' conference.

Ownership category

akta.pro rank

Headquarters

HQ city

Delhi

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Others

Revenue model

1. VC Fund Management: She Capital operates as a SEBI-registered Category II Alternative Investment Fund. Revenue is generated through management fees and carried interest from portfolio company exits. She Capital Fund (IN/AIF2/17-18/0525) and SC Founders Fund (IN/AIF2/23-24/1382) are the two registered funds.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

She Capital is an early-stage venture capital fund that provides financial backing, strategic guidance, and access to a collaborative network for women-led and women-centric startups in India. The firm manages two SEBI-registered Category II Alternative Investment Funds — She Capital Fund (IN/AIF2/17-18/0525) and SC Founders Fund (IN/AIF2/23-24/1382) — and has backed 14 portfolio companies to date.

Product overview

She Capital is a diversity-driven venture capital fund that provides financial backing, strategic guidance, and a collaborative network for women-led startups in India. The firm operates two SEBI-registered Category II Alternative Investment Funds — She Capital Fund (IN/AIF2/17-18/0525) managed by She Capital LLP, and SC Founders Fund (IN/AIF2/23-24/1382) managed by She Capital Venture Private Limited. She Capital does not offer a standalone technology product or SaaS platform; rather, its core offering is venture investment and ecosystem support for female founders. The firm backs portfolio companies across diverse sectors including D2C homeware, social commerce, transit retail, artisanal food, neuroscience AI, hair extensions, food tech, lingerie, kids education, sports, jewellery, metaverse technology, and hospitality training. The firm's portfolio includes 14 companies with teams across India, supported by a community of over 10,000+ female founders.

Differentiator

Problem solved

Functional benefit

Products and services

• She Capital Fund SEBI-registered Category II Alternative Investment Fund (IN/AIF2/17-18/0525) managed by She Capital LLP that provides early-stage venture capital backing to women-led and women-centric startups in India.
• SC Founders Fund SEBI-registered Category II Alternative Investment Fund (IN/AIF2/23-24/1382) managed by She Capital Venture Private Limited that provides venture capital to women-led startups in India.

Quantifiable outcome

• 14 women-led companies backed across diverse sectors
• +3 more outcomes

Named customers14 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

16 partnerships are on record, tiered minor and core.

• GupshupminorOthersListed as a partner on She Capital's website, part of the broader startup ecosystem.
• OnsurityminorOthersCorporate health benefits platform listed as a partner. Onsurity's co-founder Kulin Shah participates in Together events.
• AWSminorOthersAmazon Web Services listed as partner, supporting startup ecosystem with cloud infrastructure.
• HT Media GroupcoreGTM or Marketing PartnerMedia partner for Together events, provides press coverage and marketing support for She Capital's founder community initiatives.
• Shardul Amarchand Mangaldas & Co.coreOthersKey legal partner for Together events, provides masterclasses on term sheets and shareholder agreements. Partner Raghubir Menon featured as speaker at multiple events.
• Kotak PrivateminorOthersKotak Private Banking is a partner, providing financial services and hosting masterclasses on personal finance for founders.
• SimplminorOthersBNPL payments platform listed as ecosystem partner.
• Cartier Women's InitiativeminorOthersInternational women's entrepreneurship initiative listed as partner.
• DelhiveryminorOthersLogistics company listed as ecosystem partner.
• Huber GroupminorOthersChemical company listed as ecosystem partner.
• GoogleminorOthersTechnology giant listed as ecosystem partner.
• Indifi CapitalminorOthersBanking partner for Together 2025, leads session on 'The Capital Crossroads' regarding raising capital.
• IDFC First BankminorOthersBanking partner for Together 2025, participates in session on capital flow and regulatory banking norms.
• PercentminorOthersListed as partner for Together 2025 event.
• Zoho OneminorOthersTechnology partner for Together 2025, provides business software solutions.
• YourStoryminorGTM or Marketing PartnerMedia partner for Together 2025, provides coverage of event and founder stories.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SoGal Ventures: Global early-stage VC focused on women and diverse founders. Directly comparable to She Capital in thematic focus and stage, though operating with global rather than India-only geographic scope.
• Female Founders Fund (F Cubed): Pioneering US-based seed-stage VC focused exclusively on women-led companies. Closest thematic peer to She Capital globally, with a longer operating history and larger fund sizes.
• Blume Ventures: One of India's leading early-stage VC funds. Comparable to She Capital in stage and India focus, but with a generalist thesis across tech-enabled startups rather than a women-focused mandate.
• 100X.VC: India-based pre-seed/seed VC investing through iSAFE notes. Similar to She Capital in early stage and India focus, but broader thematic mandate and larger portfolio.
• Enzia Ventures: India-based early-stage VC (formerly Endiya Partners) backing technology and tech-enabled startups. Comparable stage and India focus to She Capital but with a sector-agnostic thesis.
• BBG Ventures: US-based seed-stage VC focused on women-led consumer and enterprise startups. Directly comparable women-focused thesis at similar early stage, providing a useful international benchmark for She Capital's strategy.

Broad incumbents

• Kalaari Capital: Established India-based early- and growth-stage VC with broad tech mandate. Larger and more diversified than She Capital, but relevant as a benchmark for institutional Indian VC operating model.
• Chiratae Ventures: Large India-based tech VC (formerly IDG Ventures India). Comparable to She Capital in India focus but at significantly larger AUM and broader sector mandate.

Regional players

• Ankur Capital: India-based early-stage impact VC focused on agriculture, healthcare, and education. Comparable to She Capital in stage, India focus, and impact orientation, though with a different sector mandate.
• Fireside Ventures: India-based early-stage VC focused exclusively on consumer brands. Comparable stage and India focus to She Capital, with portfolio overlap on D2C brands (e.g., She Capital's Clovia, Ellementry, Samosa Singh).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/she-capital
• Xx.com/she_capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments19 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about She Capital