Angel investor Rehan Yar Khan raises over US$50M for maiden VC fund

The VC fund, Orios Venture Partners, will invest in early-stage tech companies from Seed to Series A and B, with the investments ranging from US$82K to US$3.3M

By Twishy Shahi

investmentImage Credits: belozu/Shutterstock

Indian early-stage investor Rehan Yar Khan has raised US$50M (INR 300 crore) for his maiden venture capital fund, Orios Venture Partners, to back technology entrepreneurs that are building the next generation of multi-billion dollar companies from India.

Orios will invest in early-stage companies from Seed to Series A and Series B, with investments ranging from US$82K (INR 50 lakh) to US$3.3M (INR 20 crore) in key growth sectors like Indian internet and B2B software products for global markets. The fund has been raised from ultra high net worth individuals (UHNIs), institutional investors and founding members.

Rehan Yar Khan, Managing Partner, Orios Venture Partners said, “Orios Venture Partners extends my work since 2008 of backing these entrepreneurs not just with capital but more importantly with strategic and operational guidance to build rapidly growing business and emerge as market leaders in their domain. Today, the Indian internet is witnessing phenomenal growth which will see over half a billion people online by 2020 and over hundred million people shopping online providing a ready opportunity for dynamic entrepreneurs to cater to these growing needs.”

As per media reports, the first investment will be in a software product company and in the 18 months’ investing period, the fund will look at eight to 12 investments.

Also Read: Exfinity Fund raises US$17M in first round to boost tech startups

Orios Venture Partners comprises an eminent advisory board of industry veterans including Rajan Anandan, Managing Director, Google IndiaAnupam Mittal, Founder and CEO of People Group which owns businesses such as Shaadi.comShujaat Khan, Managing Director, Blue River Capital; and Raj Chinai, Co-founder, Harvard Angels India.

Backing Orios is a ten member team, including a seasoned investing team many of whom have worked with Khan for close to a decade.

Since 2008, Khan has invested in 19 companies of which 15 companies from his portfolio have seen remarkable growth including Druva, OlaCabs, Jigsee (VuClip), Unbxd and PrettySecrets. He is a founding member of Indian Angel Network’s (IAN) Mumbai Chapter, IAN’s past board member, a TiE charter member and a honorary member of Harvard Angels and had led its initial investment in India.

  • India is an online matchmaking site built especially for South-Asians. Besides one of most visited sites in India, it boasts more than 100 physical centers in 80 cities in India.
  • Druva
    Druva India Druva is the leader in converged data protection, bringing data center class availability and governance to the mobile workforce. Funding: 51M Venture Round Investors: Sequoia India
  • TiE
    TiE United States of America TiE is a not-for-profit network of entrepreneurs fostering entrepreneurship, mentoring and education. Funded Startups: Undisclosed

Share your thoughts with the community

What are your thoughts? Login to post a comment