India, July 3 -- Early stage VC firm WEH Ventures has completely exited invest tech startup smallcase with an internal rate of return (IRR) of 38%.

The VC firm first invested in the startup from its INR 20 Cr Fund I in 2018. With the exit, WEH Ventures said it has achieved a complete return of capital on its Fund I.

After investing in smallcase in its seed round, WEH Ventures invested in all funding rounds of the startup till Series C. Overall, it invested INR 5 Cr in the platform.

smallcase has grown 80X in terms of revenue since its seed funding, WEH Ventures added.

The VC firm exited smallcase during its $50 Mn Series D funding round in March, which was led by Elev8 Venture Partners. The round also saw participation from State Stre...