Pratekk Agarwaal, the former Chief Business Officer at BharatPe, has launched his maiden operator VC fund, GrowthCap Ventures. The fund will focus on early-stage investments, from seed to pre-Series A rounds, in fintech, SaaS, and deep-tech startups.
Agrawala has over 15 years of experience in the financial services industry. He was one of the founding members of BharatPe and played a key role in the company’s growth. He is also the co-founder of Fintech Vidhya, a leading online education platform for fintech professionals.
GrowthCap Ventures will invest in startups that are building innovative solutions to address the challenges faced by the financial services industry. The fund will also provide hands-on support to its portfolio companies, helping them to grow and scale their businesses.
The fund has already made its first investment in a fintech startup called Settl. Settl is a neo-banking platform that helps businesses to manage their payments and receivables. The company has raised $2 million in seed funding from GrowthCap Ventures and other investors.
GrowthCap Ventures plans to invest in 15 startups in the next two years. The fund is targeting a corpus of $50 million.
What does this mean for you?
If you are a fintech, SaaS, or deep-tech startup, you should consider reaching out to GrowthCap Ventures if you are looking for early-stage funding. The fund has a strong track record of investing in successful startups, and it can provide you with the capital and support you need to grow your business.
