Helion Venture Partners

Helion Advisors Pvt. Ltd. is an Indian focused venture capital firm based in Mauritius.[1]

Helion Advisors Pvt. Ltd.
TypePrivate
IndustryPrivate Equity
Founded2006
HeadquartersIndia
Key people
Rahul Chandra
Ashish Gupta
Kanwaljit Singh
Sanjeev Aggarwal
ProductsVenture capital
Website

History

Created in 2006,[2] Helion was founded by Rahul Chandra, Ashish Gupta, Kanwaljit Singh[2] and Sanjeev Aggarwal.[3] The firm focuses on technology startups in the early to middle stages.[3] According to The Economic Times, in 2012 Helion was India's "largest domestic venture capital firm".[4]

Funds

The company has created four funds: a $140 million fund in 2006,[5] a $210 million fund in 2008,[5] a $255 million fund in 2012,[1] and a $300 million fund in 2015.[6] Although Helion is focused primarily on technology companies, it has also funded companies in the environmental technology, education, financial services, and health care sectors.[5]

Exits

By January 2017, Helion had exited the following companies.[5] In 2010, MakeMyTrip had an initial public offering.[5] In 2012 Letsbuy and Exclusively.in were acquired by Flipkart. In 2013, Naspers bought Redbus.in, and Moody's Investors Service bought Amba Research.[5] In 2016 Equitas listed on the Bombay stock exchange, Azure Power listed on the NYSE, Zettata was acquired by Target Corporation, and Pipemonk was acquired by Fresh Works. In 2019 PineLabs bought Qwikcilver, Zefo was acquired by Quikr, and Spandana went public.

References
  1. Nair, Radhika P (2012-03-22). "Helion Venture Partners closes $255 million fund". The Economic Times. Archived from the original on 2015-11-21. Retrieved 2015-11-21.
  2. Gupta, Bhawna (2015-04-17). "Helion on road to raise $300M in tech-focused VC fund; to back up to 25 Indian startups". VCCircle. Archived from the original on 2015-11-21. Retrieved 2015-11-21.
  3. Russell, Jon (2015-04-16). "Helion Venture Partners Raises New $300M Fund For Startups In India". TechCrunch. Archived from the original on 2015-11-21. Retrieved 2015-11-21.
  4. Gooptu, Biswarup (2012-08-31). "Helion Venture Partners in talks to sell stake in Amba Research". The Economic Times. Archived from the original on 2015-11-21. Retrieved 2015-11-21.
  5. Narasimhan, T E (2015-01-15). "Helion Venture Partners to float fourth fund". Business Standard. Archived from the original on 2015-11-21. Retrieved 2015-11-21.
  6. KJ, Shashidhar (2015-04-23). "Helion Venture Partners raises $300 mn to invest in early, mid startups in India". MediaNama. Archived from the original on 2015-11-21. Retrieved 2015-11-21.
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