WEH Ventures
WEH Ventures is a Mumbai-headquartered early-stage venture capital firm investing $150K-$500K cheques into Indian pre-seed and seed founders building category-creating businesses across fintech, consumer, deeptech, and agritech, through three SEBI-registered AIFs.
- Company typePrivate
- Founded2017
- HeadquartersMumbai, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
What WEH Ventures does
WEH Ventures is an India-focused, early-stage venture capital firm headquartered in Mumbai with a secondary office in Bengaluru. Founded in 2017 by Deepak Gupta and Rohit Krishna, the firm operates three SEBI-registered Alternative Investment Funds—Fund I (Category I Angel Fund, 2017), Fund II (Category II AIF, 2020), and Fund III (Category I AIF, 2024)—and targets pre-seed and seed stage founders in India with investment cheques of $150,000-$500,000. The firm explicitly positions itself around category creation, backing founders building markets that do not yet exist, across fintech, consumer tech, deeptech, agritech, sustainability, health & wellness, supply chain, and brands.
The firm is a partnership-style outfit: two partners (Deepak Gupta and Rohit Krishna, the latter also serving as Compliance Officer) and three investment team members (Ritik Rustagi, Ayush Sahoo, and Ayush Tyagi) make up the disclosed investment staff. Operating infrastructure comprises an investment team, trustees (UTPL Corporate Trustees, Orbis Trusteeship Services, and MITCON Credentia Trusteeship Services for Funds I, II, and III respectively), and co-investment relationships with Tiger Global, Elevation Capital, Bessemer Venture Partners, Nexus Venture Partners, Peak XV, Arkam Ventures, Faering Capital, Incubate Fund Asia, Anicut, Surge, and Tanglin. Noted portfolio companies include Jar, Smallcase, Apps for Bharat, MasterChow, Mitigata, Fragaria Fruits, and Flent.
WEH's revenue model follows standard Indian VC economics: recurring management fees on committed/invested capital across its three AIFs, plus performance-based carried interest on fund profits after return of capital. Deal sourcing is community-led, driven by founder referrals, direct outreach, regular founder dinners, and sector deep-dives. The firm cites a CRISIL-rated 20% Net IRR for Fund II versus an 11.3% median, 50% follow-on conversion for portfolio companies, and $320M in cumulative portfolio funding as primary performance signals.
WEH Ventures firmographics
Firmographics- Name
- WEH Ventures
- Legal name
- WEH Ventures LLP
- Website
- https://wehventures.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- WEH Ventures is a Mumbai-headquartered early-stage venture capital firm investing $150K-$500K cheques into Indian pre-seed and seed founders building category-creating businesses across fintech, consumer, deeptech, and agritech, through three SEBI-registered AIFs.
- Ownership category
- akta.pro rank
WEH Ventures industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)
Keywords
Where WEH Ventures is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
WEH Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Fund Management - Management Fees: Standard VC fund management fees charged on committed capital during the investment period and on invested capital thereafter.
- Carried Interest: Performance-based carried interest (typically 20%) on profits generated for limited partners after return of capital.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | One time | Pre-Seed investments for idea-stage founders |
| Other | One time | Seed investments for scalable companies |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
WEH Ventures product offering
Product offeringCore offering
WEH Ventures is an early-stage venture capital firm that deploys $150K–$500K cheques into pre-seed and seed stage founders building category-creating companies in India. It operates three SEBI-registered Alternative Investment Funds and provides hands-on strategic support along with follow-on capital as portfolio companies scale. The firm focuses on fintech, consumer tech, deeptech, agritech, and sustainability sectors.
Product overview
WEH Ventures is a high-conviction, early-stage venture fund that operates three SEBI-registered investment funds (Fund I, Fund II, and Fund III) offering pre-seed and seed stage investment services with cheques of $150K-$500K. The firm specializes in backing category creators whose ideas sound impossible and whose markets don't exist yet, with a focus on bold founders asking hard questions and taking unconventional paths. The investment approach emphasizes ego-free decision making, real relationships with founders, and long-term conviction through challenges.
Differentiator
Problem solved
Functional benefit
Products and services
- WEH Ventures Fund I
- WEH Ventures Fund II
- WEH Ventures Fund III
- Pre-Seed Investment
- Seed Investment
Quantifiable outcome
- 20% Net IRR for WEH Ventures II (vs median of 11.3% rated by CRISIL)
- +2 more outcomes
Companies that use WEH Ventures
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
WEH Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
WEH Ventures partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- UTPL Corporate Trustees Private LimitedcoreTrustee for WEH Ventures Fund I, providing fiduciary oversight and regulatory compliance services for the SEBI-registered Category I AIF.
- Orbis Trusteeship Services Private LimitedcoreTrustee for WEH Ventures Fund II, providing fiduciary oversight and regulatory compliance for the SEBI-registered Category II AIF.
- MITCON Credentia Trusteeship Services LimitedcoreTrustee for WEH Ventures Fund III, providing fiduciary oversight for the newest SEBI-registered Category I AIF.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
WEH Ventures competitors and assessment
Company assessmentDirect peers
- 3one4 Capital: Bengaluru-headquartered early-stage venture fund investing across seed and Series A in India. Overlapping stage and thesis with WEH Ventures, with a comparable multi-vintage SEBI AIF structure.
- Better Capital: India-focused pre-seed and seed VC investing $100K–$500K into early-stage founders with a community-driven model and thesis around category creation. Directly comparable in stage, geography, and check size to WEH Ventures.
- Antler India: Global early-stage VC running an India residency program investing $100K–$500K into pre-seed founders building category-creating companies. Closely mirrors WEH's thesis and stage focus.
- Inflection Point Ventures: India-based angel and pre-seed platform running a large decentralized LP base and writing $200K–$500K cheques into early-stage startups. Highly comparable stage, check size, and India-only focus.
- 100X.VC: India-focused pre-seed fund writing ~$150K–$600K cheques into idea-stage founders. Operates a structured cohort-based investing model and is one of the closest direct comparables to WEH in stage and ticket size.
- All In Capital: Indian early-stage VC investing at pre-seed and seed with operator-led sourcing. Competes for the same category-creator founder pool as WEH Ventures with similar small-ticket, high-conviction positioning.
- India Quotient: Early-stage India VC focused on seed investing in category-defining consumer and SaaS companies. Operates at similar stage, geography, and check size to WEH Ventures.
Broad incumbents
- Kalaari Capital: Established India early-stage VC with multiple SEBI-registered AIFs writing seed and Series A cheques. Broader sector mandate and larger fund sizes than WEH, but comparable multi-vintage Indian VC structure.
- Blume Ventures: One of India's largest early-stage VC firms with multiple fund vintages and a broad sector mandate. Operates upstream of WEH's cheque size but competes for the same seed-stage category creators and co-invests in similar founders.
- PeakXV (Surge): Surge is PeakXV's India seed-scale program writing $1M–$3M into early-stage founders — a downstream competitor to WEH's seed deals and a frequent co-investor in WEH portfolio follow-on rounds (e.g., Smallcase).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
WEH Ventures social profiles
Digital presenceWEH Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
WEH Ventures leadership team
Management profileNumber of profiles
Profiles5 records
WEH Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WEH Ventures M&A and investment
M&A and investmentM&A
Investments59 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about WEH Ventures
What does WEH Ventures do?
WEH Ventures is an early-stage venture capital firm that deploys $150K–$500K cheques into pre-seed and seed stage founders building category-creating companies in India. It operates three SEBI-registered Alternative Investment Funds and provides hands-on strategic support along with follow-on capital as portfolio companies scale. The firm focuses on fintech, consumer tech, deeptech, agritech, and sustainability sectors.
Is WEH Ventures a public or private company?
WEH Ventures is a private company. It is classified as management employee owned and is currently operating.
When was WEH Ventures founded?
WEH Ventures was founded in 2017. It employs 11 to 50 people.
Where is WEH Ventures based?
WEH Ventures is headquartered in Mumbai, India, in the Asia region.
How does WEH Ventures make money?
Two revenue lines are on record. Fund Management - Management Fees are the primary driver. The others are carried Interest.
Who are WEH Ventures's main competitors?
Direct peers on record are 3one4 Capital, Better Capital, Antler India, Inflection Point Ventures, 100X.VC, All In Capital and India Quotient. Broad incumbents are Kalaari Capital, Blume Ventures and PeakXV (Surge).
Does WEH Ventures have an API?
No public API is recorded for WEH Ventures.
What industry is WEH Ventures in?
WEH Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAA, Early-Stage Venture Capital (Pre-Seed/Seed). Its NAICS code is 52394 and its SIC code is 6282.