247VC

What 247VC does

247VC is an India-focused seed-stage venture capital firm founded in 2025 by Operator VCs Yagnesh Sanghrajka (Founder & Managing Partner) and Shashank Randev (Founder & General Partner), with a four-person core team based in Mumbai. The firm launched India Fund I in May 2025 — a SEBI-registered Category II Alternative Investment Fund with a ₹200 crore base corpus and a ₹50 crore greenshoe option, targeting ₹250 crores (~$30 million) of total commitments. 247VC writes first institutional cheques of ₹4-5 crores at the seed stage with reserved follow-on capital, and plans to back approximately 30 startups over a three-year period. Its stated investment thesis covers four verticals: Advanced Manufacturing (including Industry 5.0), Deep Tech (with a "physics is the moat" framing), Enterprise Tech (including AI), and Consumer Tech.

The firm does not develop technology products itself; its core offering is capital plus operator-led support, supplemented by community and content programmes. Ancillary offerings include the 247VC Playbook (a video library for founders on deep tech, valuation, and scaling), the NexTech Series (in-person founder events held in NCR and Hyderabad and expanding), the 247VC Traineeship (an internship programme), and the Galgotias University EVE Program (a flagship university partnership for student entrepreneurship). Portfolio companies disclosed publicly span space technology (Dream Aerospace, where 247VC led a ₹10 crore Pre-Series A round in June 2026), fintech (Knight Fintech, 50Fin), energy (EMO Energy), food & beverage (abCoffee), enterprise SaaS (Zeron, Vodex), sports technology (Stupa Sports Analytics), and sustainability (Breathe ESG).

247VC's business model is standard for a venture fund: it earns management fees on committed/deployed corpus (typically 1.5-2% annually on Indian AIFs) and is eligible for carried interest on exits. The firm positions itself as "Operator VCs" combining founder-style hands-on support with a curated network (1,000+ founders, 100+ VC partnerships) and a marquee advisory bench (Sachin Tagra of JSW Ventures, Vivek Mathur ex-Elevation Capital, and former senior operators from Schlumberger, Salesforce, Intuit, Oracle, and IL&FS). Distribution is direct, relationship-led, and concentrated in India; there are no third-party intermediaries, platform products, or non-fund revenue streams disclosed.

Name

247VC

Legal name

247VC Investment Trust

Website

https://247vc.in

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

247VC is a Mumbai-based, India-focused seed-stage venture capital firm that launched India Fund I (₹250 crore corpus, SEBI Category II AIF) in May 2025, writing ₹4-5 crore first institutional cheques and follow-on capital to early-stage founders in Advanced Manufacturing, Deep Tech, Enterprise Tech, and Consumer Tech.

Ownership category

akta.pro rank

Product category

Venture Capital Services

NAICS

Investment Banking and Securities Intermediation (523150), Other Financial Investment Activities (5239), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Seed-stage venture capital
• Early-stage investing
• Alternative investment fund
• Startup funding India
• Deep tech investing

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Fund Management Fees and Carried Interest: 247VC generates returns through management fees on the ₹250 crore fund corpus and carried interest from successful portfolio exits. The SEBI-registered Category II AIF targets 30 investments over 3 years with returns upwards of 70X multiples on successful exits.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

247VC is an Indian seed-stage venture capital firm that provides first institutional cheques of ₹4-5 crores to early-stage startups across Advanced Manufacturing, Deep Tech, Enterprise Tech, and Consumer Tech sectors. Operating through its India Fund I (₹250 crore corpus, SEBI-registered Category II AIF), the firm combines capital deployment with operator-led execution support, strategic network access, and follow-on investment for portfolio companies. The firm generates returns through management fees on the fund corpus and carried interest from successful portfolio exits.

Product overview

247VC is a seed-stage venture capital fund that operates as a single unified investment platform rather than a modular product suite. The core offering is India Fund I, which provides seed investment capital (₹4-5 crores) with follow-on support to early-stage startups. The fund is structured around four investment themes: Advanced Manufacturing, Deep Tech, Enterprise Tech, and Consumer Tech. Supporting the core investment thesis, 247VC offers complementary services including the Playbook (educational content library), NexTech Series (founder community events), and Traineeship (talent development program). All offerings are aligned around the fund's mission of backing legendary founders building for India's next decade.

Differentiator

Problem solved

Functional benefit

Products and services

• India Fund I 247VC's primary investment vehicle targeting seed-stage startups in India with a corpus of ₹250 crores. The fund focuses on four key themes: Advanced Manufacturing (Industry 5.0), Deep Tech, Enterprise Tech (AI), and Consumer Tech, with plans to invest in 30 startups over 3 years. Available to institutional and accredited LPs.
• Seed Investment Services 247VC provides seed-stage capital investment (₹4-5 crores initial cheque) with follow-on capital support for future rounds. Services include founder alignment, strategic network access, operator-led support, and continued follow-on investment for seed-stage startups building in Advanced Manufacturing, Deep Tech, Enterprise Tech, and Consumer Tech.

Quantifiable outcome

• 70X+ returns on successful exits
• +2 more outcomes

Named customers9 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered flagship and core.

• Galgotias UniversityflagshipStrategic or Co-development PartnerLong-term partnership to launch the Entrepreneurship & Venture Excellence (EVE) Program at Galgotias University's campus in Greater Noida. The initiative provides students with startup-building frameworks, investor mentorship, and access to institutional capital. 247VC maintains active on-campus presence to facilitate direct interaction between students and venture capital professionals.
• ISRO (Indian Space Research Organisation)coreStrategic or Co-development Partner247VC portfolio company Dream Aerospace has an active Memorandum of Understanding with ISRO's Liquid Propulsion Systems Centre for technical support. Dream Aerospace is executing its first in-orbit demonstration of the CUBEHOOD module in 2026 under this technical support MoU.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Blume Ventures: One of India's most active seed and early-stage venture capital funds. Blume is a direct peer to 247VC — both back Indian founders from seed across consumer, enterprise, and deep-tech themes and compete for the same early-stage deal flow in Mumbai, Bangalore, and Delhi.
• Kalaari Capital: India-focused early-stage venture capital firm with a strong seed portfolio and operator-VC philosophy. Directly comparable to 247VC in stage, sector mix (deep tech, enterprise, consumer), and Indian geographic focus.
• Inflection Point Ventures: Large Indian angel/early-stage network investing in seed-stage Indian startups. Comparable to 247VC in ticket size range, sector breadth, and LP structure aimed at retail and HNI investors pooling capital into Indian seed deals.
• Indian Angel Network: India's first and largest angel network, actively investing in seed and pre-Series A startups across sectors. Direct peer to 247VC in early-stage Indian investing, with similar ticket sizes and sector-agnostic approach.
• LetsVenture: Indian online platform syndicating seed-stage investments to a curated investor base. Comparable to 247VC in seed-stage Indian focus and founder-network-driven deal flow, though distributed via marketplace model.
• Better Capital: Operator-led seed-stage fund backing Indian founders with small initial cheques and a strong network-driven sourcing model. Highly comparable to 247VC's seed thesis, operator-VC approach, and follow-on support philosophy.
• Chiratae Ventures: India-focused deep tech and enterprise technology venture capital firm. Comparable to 247VC's advanced manufacturing and deep-tech themes and active involvement in portfolio companies, though operating with a larger fund size.
• Antler India: Global early-stage VC with an India presence, backing founders at the idea stage with structured programmes. Direct peer to 247VC in 0-1 stage Indian investing, founder community-building, and follow-on deployment.

Emerging players

• Speciale Invest: India-based seed-to-Series A fund with a focused deep-tech and enterprise thesis. Partially overlaps with 247VC on deep tech and enterprise themes but operates with a narrower sector mandate.

Others

• JSW Ventures: Corporate venture arm of JSW Group investing in Indian technology startups. Not a direct competitor — 247VC's advisor Sachin Tagra is JSW Ventures' Managing Partner — making it a strategic ecosystem partner rather than peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about 247VC