PR91198

BENGALURU, India, Aug. 18 /PRNewswire=KYODO JBN/ --

- 3one4's Rising I & Fund II funds are ranked #1 and #2 respectively by Preqin

- With Net IRR of 37% and 35% respectively, Rising I & Fund II funds are the

top two amongst the best performing India-focused VC funds between the vintage

years 2010- 2018 as per Preqin

    3one4 Capital, an early-stage Bangalore based venture capital firm, has

been ranked by Preqin as India's top performer for two of its funds, in the

recent Alternative Assets report. The seed and early stage funds have been

recognized for their performance amongst the India-focused venture capital

funds in this Asia Pacific-focused report. With Net IRR of 37% and 35%

respectively, 3one4 Capital's Rising I & Fund II (Scheme II) are the top two

amongst the best performing India-focused VC funds between the vintage years,

2010- 2018.

    The Preqin Alternative Assets

[https://www.preqin.com/insights/research/reports/preqin-markets-in-focus-altern

ative-assets-in-asia-pacific-2021] report provides insights into the deals made

by private capital fund managers and/or institutional investors, performance of

alternative asset funds, capital flows, with a focus on the Asia Pacific's

rapidly expanding alternative investment market. Preqin now monitors more than

20k investor profiles, 120k funds, and 44k GPs globally and presents the most

comprehensive review of the industry. The ranking, performed by the leading

research firm Preqin, is their first research report focused on the Asia

Pacific region and describes the nuances of the region's alternative investment

market.

    On the milestone, Pranav Pai, Managing Partner, 3one4 Capital, said,

"India's startup ecosystem is now firmly established amongst the top three

globally. Alongside these tailwinds, 3one4's exponential growth has been driven

by partnering with generational companies to transform market segments across

the country. Our bottom-up thesis-driven selection routines have resulted in

consistent top decile performance. Being recognized by a global capital markets

report is a testimony to our deep-involvement model that serves as a

force-multiplier to India's extraordinary entrepreneurs. We are grateful for

the long-term relationships with our investors that continue to propel our

growth forward."

    Siddarth Pai, Managing Partner, 3one4 Capital, had this to say: "Through

2020, India's startups have established their resilience and value creation

potential to the best investors globally. This paradigm shift has demanded the

acceleration of disruptive business models and a rebalancing of the early-stage

investment lens in India. 3one4 Capital is purpose-built to be deeply involved

across the lifecycle of the next innovation engines from India. Our

post-investment engagements are designed to help founders optimize for

sustainable growth on the path towards defensible long-term value creation. We

look forward to scaling up our intentional early-stage work with the close of

Fund III in 2021."

    "The last two years have seen a tremendous shift in the dynamics of the

startup ecosystem in the Asia-Pacific region with the Indian ecosystem leading

the way. While this has supported our accelerated growth, we are also

incredibly grateful to the founders in the ecosystem who have placed their

trust in us and allowed us the privilege to be part of their journey. It is a

momentous event to be recognised by a global leader like Preqin as we continue

to support founding teams that partner with us and double down on furthering

the growth of the Indian ecosystem," added Anurag Ramdasan, Principal, 3one4

Capital.

    3one4 Capital, currently oversees a corpus of INR 1800 Cr (+USD 240 Mn) and

a portfolio of over 70 investments across the early stage. Its portfolio

companies include Licious, Open, DarwinBox, Jupiter, Betterplace, Koo, Dozee,

Breathe Well-Being, among others. The latest fund is focused on ticket sizes in

the range of USD 500K to USD 4 million for entries, with a strong preference to

be the first institutional check to partner with founders. The firm, founded by

Pranav Pai & Siddarth Pai, has continuously attracted top-tier global and

Indian investors as Limited Partners (LPs). These investors include university

endowments, foundations, sovereign DFIs, family offices, funds-of funds, as

well as corporate and financial institutional investors such as banks and

industrial conglomerates. 3one4 has launched five funds over half a decade and

is amongst the fastest-growing VC firms in India. These consecutive fund

closures are a testimony to the team's consistent track record and performance

in the Indian early-stage ecosystem.

    Link to the report:

https://www.preqin.com/insights/research/reports/preqin-markets-in-focus-alternative-assets-in-asia-pacific-2021

    About 3one4 Capital

    3one4 Capital

    Transformative Capital to #RaiseTheBar

    3one4 Capital is an early-stage venture capital fund based in Bangalore,

India. The firm works in select market categories and in the intersection of

adjacencies that are large, growing, and ready for unique products and

services. The themes pursued are SaaS and Enterprise Automation,

Direct-to-Consumer products and services, Digital Media, FinTech, and Deep

Technology, with a focus on areas such as machine-driven actionable

intelligence services for the enterprise, ambient intelligence technologies,

edtech, logistics and distribution, consumer products and services, and health.

    3one4's investments are biased towards companies exploiting technology to

create, grow, or dominate large markets in India. The fund also invests a

portion of its capital in US-focused companies that have feedforward effects

into the themes being pursued in India.

    Through a deep involvement strategy, the fund works with founding teams and

subject-matter experts to prioritize and strategize for product-market fit, and

then optimize for defensibility and growth in revenue and impact. With a focus

on margins and on delivering uncompromised end-user experiences, the fund aims

to reduce risk, detect new growth opportunities, and return rewarding outcomes

to all the stakeholders involved.

    With the close of its third early-stage fund and its fifth fund overall,

the firm now manages a combined corpus of INR 1800 Cr (+USD 240 Mn) and a

portfolio of over 70 investments across the early stage.

    Logo: https://mma.prnewswire.com/media/1596971/3one4_Capital_Logo.jpg  

    Photo:

https://mma.prnewswire.com/media/1596972/3one4_Capital_funds_ranked.jpg

    Source: 3one4 Capital