Gurgaon-based venture capital firm Huddle Ventures has announced the oversubscription of its second fund, Fund II, initially targeted at ₹100 crore, which is now set to close at an impressive ₹150 crore. This milestone reflects the firm’s growing reputation and the confidence investors have in its ability to nurture early-stage startups across diverse sectors. Fund II’s backers include family offices, successful founders, and high-net-worth individuals (HNIs). The fund’s strategy is sector-agnostic, focusing on early-stage investments in consumer brands, fintech, agri-tech, and healthcare. Huddle Ventures plans to make approximately 20 investments from this fund, with initial investment amounts ranging from $500k to $1 million per company, including follow-on investments.
Founded in 2017 by Ishaan Khosla and Sanil Sachar, Huddle Ventures has established itself as a prominent player in the early-stage investment landscape. The firm aims to lead the first institutional rounds for startups, providing not just capital but also strategic support in business development, go-to-market strategies, and capital structuring. “Our goal is to institutionalize a methodology that consistently supports early-stage ventures, enabling them to grow into established organizations,” stated Sanil Sachar, General Partner at Huddle Ventures. “We leverage our extensive network for business development and have a strong pool of LPs and advisors to support the success of our startups.”
The oversubscription of Fund II underscores the trust and confidence that limited partners (LPs) and founders have in Huddle Ventures. “The oversubscription is a significant achievement for us and a testament to our high-conviction, pre-seed investment strategy,” said Ishaan Khosla, General Partner at Huddle Ventures. The firm’s approach focuses on providing comprehensive support to early-stage startups, equipping them with the necessary infrastructure, social, and intellectual capital to build scalable businesses. This hands-on involvement is a key differentiator for Huddle Ventures, which has successfully implemented this strategy with its initial investments.
Huddle Ventures’ portfolio boasts a diverse array of companies, including health and wellness firm Bold Care, coffee brand Blue Tokai, oral care firm Perfora, and logistics company Celcius. The firm manages about $20 million in assets under management (AUM) across its two funds and has supported over 30 firms spanning both B2C and B2B sectors. The venture capital landscape is evolving, with family offices now allocating a more significant portion of their investments to venture funds. “Family offices are investing up to 10% of their corpus into venture funds now,” noted Khosla, highlighting a growing trend among investors who are increasingly recognizing the potential of early-stage ventures. Huddle Ventures’ commitment to being sector-agnostic allows it to tap into various market opportunities, relying on its experience in building consumer brands and its extensive network in the ecommerce and fintech sectors.