PeerCapital Company Profile

Background

PeerCapital is a venture capital firm established in 2022 and headquartered in Bengaluru, India. The firm is dedicated to supporting early-stage technology ventures, emphasizing a partnership approach where investors work closely with founders to build impactful and profitable businesses. PeerCapital's mission is to provide not only financial capital but also strategic guidance, leveraging the extensive experience of its leadership team to foster innovation and growth in the technology sector.

Key Strategic Focus

PeerCapital focuses on investing in seed to Series A stages across various technology sectors, including fintech, health-tech, consumer-tech, and SaaS. The firm targets capital-efficient, asset-light businesses with differentiated models, particularly those offering made-in-India solutions for both domestic and global markets. PeerCapital seeks resilient and agile founders who are looking for collaborative partners to navigate the entrepreneurial journey.

Financials and Funding

In February 2023, PeerCapital achieved the first close of its debut fund at INR 3 billion (approximately USD 36.3 million), with an overall target of INR 6 billion and a green shoe option that could extend the corpus to INR 9 billion. The limited partner base primarily comprises company founders, family offices, and high-net-worth individuals. The capital is intended to be deployed in early-stage technology ventures, with initial investments up to ₹15 crore (~$2 million) and reserves for follow-on funding in subsequent rounds.

Pipeline Development

As of March 2025, PeerCapital has made 19 investments, with 16 active portfolio companies. The firm has a diverse portfolio across sectors such as consumer-tech, fintech, health-tech, and SaaS. Notable investments include:

Vaaree: A curated marketplace for home furnishings optimizing for discovery, quality, and quick delivery.

Flash.co: A platform streamlining shopping experiences through instant checkout, shopping membership, and curated content.

One Impression: A full-stack, global platform enabling brands to discover and collaborate with influencers.

Saveo: A managed B2B marketplace for pharmacies offering faster delivery, cheaper procurement, and better technology.

Stupa Sports Analytics: An AI-driven analytics platform for player performance, broadcasting, and sports digitization.

Terra: A social gaming and learning-focused metaverse platform for Gen Alpha kids, developers, and creators.

UrSpayce: A cloud-based workplace management software helping businesses manage their hybrid workforce.

These investments reflect PeerCapital's commitment to supporting innovative solutions addressing both local and global challenges.

Technological Platform and Innovation

PeerCapital differentiates itself through a hands-on, collaborative approach, offering more than just financial investment. The firm's leadership brings a wealth of experience in entrepreneurship, operations, growth, risk advisory, fund operations, investment deployment, and returns management. This collective expertise enables PeerCapital to provide strategic guidance, operational support, and access to a vast network of resources, thereby enhancing the growth trajectory of its portfolio companies.

Leadership Team

Ankur Pahwa, Managing Partner: Former leader of EY's e-commerce and consumer internet business, with over two decades of experience in strategy, operations, and investment.

Karthik Prabhakar, Managing Partner: Former Managing Director at Chiratae Ventures, bringing extensive experience in venture investing and portfolio management.

Rohit MA, Managing Partner: Co-founder and former Managing Director of Cloudnine Hospitals, with a background in entrepreneurship and scaling businesses.

This leadership trio combines diverse expertise to support founders in their zero-to-one journey, emphasizing a partnership model that goes beyond capital investment.

Competitor Profile

Market Insights and Dynamics

The venture capital landscape in India has seen significant growth, with increasing interest in early-stage technology investments. The market is characterized by a competitive environment where firms seek to differentiate themselves through sector focus, investment approach, and value-added services.

Competitor Analysis

PeerCapital operates alongside several notable venture capital firms in India, including:

Sequoia Capital India: A prominent player with a broad investment portfolio across various sectors and stages.

Accel India: Known for early-stage investments in technology startups, with a strong track record of successful exits.

Blume Ventures: Focuses on seed and pre-Series A investments, supporting startups with capital and strategic guidance.

PeerCapital differentiates itself through its "valuable capital" thesis, emphasizing a hands-on, peer-like relationship with founders, leveraging the operational and entrepreneurial experience of its leadership team.

Strategic Collaborations and Partnerships

PeerCapital actively collaborates with other investors and stakeholders in the ecosystem to co-invest and support portfolio companies. The firm is open to leading or co-investing in funding rounds, demonstrating flexibility and a collaborative approach to venture investing.