Colossa Ventures announces first close of its maiden fund Colossa WomenFirst Fund at Rs 100 crore

Colossa Ventures, a SEBI-registered venture capital management firm, has announced the first close of its maiden fund, Colossa WomenFirst Fund, at Rs 100 crore.

The fund, which aims for a target corpus of Rs 500 crore, is set to revolutionize the startup ecosystem by focusing exclusively on businesses that are either founded or co-founded by women or primarily benefit women.

Supporting high-potential women entrepreneurs 

The fund's co-founders, Ashu Suyash and Vandana Rajadhyaksha, have articulated a clear mission: to unlock the vast potential of India's trillion-dollar women's economy. The sector, according to them, remains largely under-penetrated, underinvested, and underestimated.

The fund will support high-potential women entrepreneurs who are building disruptive businesses to catalyze strong financial performance and societal impact.

Strategic investment focus

The fund focuses on early-stage investments, especially before the Series A stage and later. It plans to invest in a wide range of sectors such as healthcare and health technology, financial technology, climate and clean technology, deep technology, and consumer products.

 The fund's strategy does not limit itself to specific sectors and aims to use gender diversity to achieve higher returns on its investments.

Who are the investors?

The first close of the fund has attracted a diverse group of investors, including institutions like SIDBI and family offices such as Dr. Ranjan Pai’s Family Office and the Shriram Ownership Trust. 

The Colossa WomenFirst Fund aims to create a special collection of investments that help women entrepreneurs grow. This is done through a unique method called the 3C framework, which focuses on Capital, Capability, and Confidence.

Colossa Ventures plans to identify, support, and accelerate the growth of businesses led by women, aiming to have a major effect on the startup scene in India and elsewhere.