TLDR: Leo Capital, an early-stage venture capital firm, has raised around USD 200 million across three funds and backed over 50 startups in sectors like B2B SaaS, fintech, blockchain, and healthtech. The firm focuses on seed and pre-Series A rounds, offering not just capital but also operational expertise and global market expansion support.
In 2018, Rajul Garg and Shwetank Verma founded Leo Capital, which has since expanded to include Dinesh Singh and Ravi Srivastava as partners. With investments in multiple countries, the firm aims to support founders and limited partners (LPs) empathetically. Garg’s entrepreneurial journey, marked by the success of fintech unicorn Pine Labs and GlobalLogic, demonstrates his passion for creating impactful businesses.
Since its establishment, Leo Capital has invested in diverse sectors like fintech, gaming, insurtech, and healthtech, recently venturing into climate-tech with an investment in the carbon emission audit platform, Sprih. Offering network support and strategic guidance, the firm assists startups in scaling up and expanding globally.
With a portfolio size of 55 companies and an average ticket size of USD 1-3 million, Leo Capital has had successful exits and manages approximately USD 200 million in assets across its funds. The firm remains committed to seed investments and expects to continue investing in 10-12 companies annually in 2024 and beyond.
