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LC Nueva Capital
LC Nueva Capital was founded in New Delhi by Sohil Chand and Ashish Chand as an India-focused venture capital firm.
LC Nueva Capital
LC Nueva Capital was founded in New Delhi by Sohil Chand and Ashish Chand as an India-focused venture capital firm. The firm targets early-stage investments, primarily leading or co-leading seed and pre-Series A rounds in technology-enabled companies. Its partnership structure incorporates a strategic alliance with Lighthouse Canton, a Singapore-based investment firm, which provides institutional ballast to its fund operations. The firm invests across consumer technology, fintech, enterprise SaaS, artificial intelligence, digital health, agritech, and media & entertainment. LC Nueva Capital typically writes initial checks between $500,000 and $2 million, reserving capital for follow-on investments in breakout portfolio companies. The firm structures its vehicle as a category-II alternative investment fund registered with the Securities and Exchange Board of India. Known portfolio holdings include GetVantage, an embedded finance platform for e-commerce businesses, and XpressBees, a logistics company backed by multiple institutional investors. Geographic focus remains pan-India, with a preference for founders operating in Mumbai, Bengaluru, and the National Capital Region. The firm will occasionally participate in cross-border rounds where Indian founders have global operations. LC Nueva Capital operates alongside its strategic partner Lighthouse Canton, which provides operational support and LP access across Southeast Asia and the Middle East. The fund's investment committee is led by Sohil Chand and Ashish Chand, with representation from Lighthouse Canton's Singapore leadership. The firm has not publicly disclosed total assets under management or aggregate deployment figures. In November 2023 LC Nueva Capital participated in a funding round for Huddle, a social commerce platform, alongside other institutional investors (per public record). The firm maintains its primary office in New Delhi and conducts investment sourcing through its founding partners' networks across India's venture ecosystem. The firm's structural differentiator lies in its cross-border general partner relationship with Lighthouse Canton, which gives Indian founders exposure to Southeast Asian and Middle Eastern LP networks — a bridge that seed-stage funds typically lack. This partnership creates a de facto expansion corridor for portfolio companies looking beyond India's domestic market.
General information
Firm type
Asset Manager
Year founded
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AUM
Undisclosed
Location
Region
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Country
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City
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Corporate office
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Principals
Sohil Chand
Founder & Managing Partner
Ashish Chand
Founder & Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at LC Nueva Capital?
Founding partners Sohil Chand and Ashish Chand lead the investment committee. They are supported by a team in New Delhi and draw on the regional expertise of strategic partner Lighthouse Canton's Singapore-based leadership. Day-to-day deal sourcing and diligence are handled by the internal team, with final investment decisions made by the Chand partners alongside Lighthouse Canton representation.
Is LC Nueva Capital a family office or a venture capital fund?
LC Nueva Capital operates as a SEBI-registered category-II alternative investment fund and functions as an institutional venture capital manager, not a family office. The Chand family's personal capital may participate, but the primary vehicle pools third-party LP commitments. The firm's partnership with Lighthouse Canton further confirms its fund-manager structure.
How does LC Nueva Capital source deals?
The firm sources primarily through the founding partners' networks in India's venture ecosystem, including relationships with accelerators, angel networks, and other seed-stage funds in Mumbai, Bengaluru, and the National Capital Region. The Lighthouse Canton partnership extends sourcing visibility into Southeast Asia for cross-border opportunities.
What investment stages does LC Nueva Capital target?
The firm targets seed and pre-Series A rounds, typically writing initial checks between $500,000 and $2 million. It reserves follow-on capital for subsequent rounds in portfolio companies that demonstrate strong product-market fit and revenue traction. The fund does not typically participate in growth-stage or late-stage rounds.
How is LC Nueva Capital related to Lighthouse Canton?
Lighthouse Canton is a strategic partner to LC Nueva Capital, providing institutional infrastructure, LP relationships, and regional expertise across Singapore and its Middle East offices. Lighthouse Canton's leadership participates in the fund's investment decisions. The two entities are separate firms but share a general-partner relationship for LC Nueva Capital's India-focused fund vehicle.
Does LC Nueva Capital publish its fund size or AUM?
The firm has not publicly disclosed total assets under management or aggregate fund size. As a SEBI-registered category-II AIF, its vehicle is private in nature and not subject to public reporting requirements common to listed entities. Details of capital raised may appear in limited-partner databases on a non-attributable basis.
Which sectors does LC Nueva Capital focus on?
The firm invests across consumer technology, fintech, enterprise SaaS, artificial intelligence and machine learning, digital health, agritech, and media and entertainment. It favors asset-light, technology-enabled business models with pan-India scalability. It has publicly confirmed positions in embedded finance and logistics technology companies.
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