About LetsVenture
LetsVenture is a company based in Bengaluru (India) founded in 2013 by Shanti Mohan and Sanjay Jha.. LetsVenture has raised $3.39 million across 7 funding rounds from investors including Accel, Anicut Capital and KPB Ventures. The company has 57 employees as of April 07, 2024. LetsVenture offers products and services including LV Titans, LetsVenture Early Stage, LetsVenture Debt, and Angel Cohort. LetsVenture operates in a competitive market with competitors including Angel List, Infinyte Club, Tyke, BizdateUp and Shuru Up, among others.
- Headquarter Bengaluru, India
- Employees 57 as on 07 Apr, 2024
- Founders Shanti Mohan, Sanjay Jha
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Letsventure Technologies Pvt Ltd
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$845 K (USD)-45.45as on Mar 31, 2023
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Net Profit
$-2.08 M (USD)-6057.7as on Mar 31, 2023
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EBITDA
$-2.11 M (USD)-4452.44as on Mar 31, 2023
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Total Equity Funding
$3.39 M (USD)
in 7 rounds
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Latest Funding Round
$1.79 M (USD), Series A
Mar 16, 2022
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Investors
Accel
& 37 more
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Employee Count
57
as on Apr 07, 2024
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Products & Services of LetsVenture
LetsVenture offers a comprehensive portfolio of products and services, including LV Titans, LetsVenture Early Stage, LetsVenture Debt, and Angel Cohort. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for family offices to access and manage startup investments.
Service for investors to find and fund disruptive early-stage startups.
Offers loans to startups for business growth and expansion.
Program to empower new angel investors in startup ecosystem.
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Funding Insights of LetsVenture
LetsVenture has successfully raised a total of $3.39M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $1.79 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series A — $1.8M
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First Round
First Round
(13 May 2014)
- Investors Count 38
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - LetsVenture | Valuation | Accel | |
| Mar, 2020 | Amount | Series A - LetsVenture | Valuation | Praful Kumar , Baldota Family Office | |
| Feb, 2019 | Amount | Series A - LetsVenture | Valuation | Gopal Srinivasan , Sequoia Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LetsVenture
LetsVenture has secured backing from 38 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Accel, Anicut Capital and KPB Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Single family office focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by LetsVenture
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - LetsVenture
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Letsventure Comparisons
Competitors of LetsVenture
LetsVenture operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Angel List, Infinyte Club, Tyke, BizdateUp and Shuru Up, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Alternative investment platform for startups and investors is operated.
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| domain | founded_year | HQ Location |
Private market investment access and ESOP management solutions are provided.
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| domain | founded_year | HQ Location |
An alternate investment platform for modern investors is offered.
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| domain | founded_year | HQ Location |
Angel Investment platform which connects investors to curated startup investment opportunities
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| domain | founded_year | HQ Location |
Serves as a platform for individuals to invest in startups.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Letsventure
Frequently Asked Questions about LetsVenture
When was LetsVenture founded?
LetsVenture was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is LetsVenture located?
LetsVenture is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of LetsVenture?
Shanti Mohan is the current CEO of LetsVenture. They have also founded this company.
Is LetsVenture a funded company?
LetsVenture is a funded company, having raised a total of $3.39M across 7 funding rounds to date. The company's 1st funding round was a Series A of $433.82K, raised on May 13, 2014.
How many employees does LetsVenture have?
As of Apr 07, 2024, the latest employee count at LetsVenture is 57.
What is the annual revenue of LetsVenture?
Annual revenue of LetsVenture is $845K as on Mar 31, 2023.
What does LetsVenture do?
LetsVenture was founded in 2013 in Bengaluru, India, as an online platform in the fintech sector focused on private market investments. Startup founders are linked with accredited investors to facilitate early-stage fundraising. Opportunities for discovering and investing in startups across various stages are provided. Courses and resources on angel investing are offered, alongside value-added services aimed at supporting startup growth in the private market.
Who are the top competitors of LetsVenture?
LetsVenture's top competitors include Angel List, Infinyte Club and Tyke.
What products or services does LetsVenture offer?
LetsVenture offers LV Titans, LetsVenture Early Stage, LetsVenture Debt, and Angel Cohort.
Who are LetsVenture's investors?
LetsVenture has 38 investors. Key investors include Accel, Anicut Capital, KPB Ventures, Ravi Khushwani, and Ravi Ramani.
What is LetsVenture's valuation?
The valuation of LetsVenture is $32.57M as of Mar 2022.
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