Kalaari Capital Confirms Reliance's Anchor Investment In Fund 4
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India, March 4 -- Mukesh Ambani-led Reliance Industries has come on as an anchor limited partner (LP) in Kalaari Capital's fourth fund, the venture capital firm's founder and managing director Vani Kola informed startup founders and investors in an email. Kola also highlighted that the VC firm has recently invested in SaaS startup Zluri and Simplicontract, music learning platform Muzigal and health and wellness company Chara.
The $2 Mn investment in Zluri was announced on January 15, 2021, while the other deals are still unannounced. Kola, in the email accessed by ET, also highlighted that Kalaari Capital has onboarded investment principals such as Kiran Vasireddy, Vamshi Reddy and Ravinder Singh.
While announcing Reliance's position as...
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