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LetsVenture
Shanti Mohan co-founded LetsVenture in 2013, building India's first online syndication platform for angel investors that has now backed over 250 startups.
LetsVenture
Shanti Mohan, Sanjay Jha, and Manish Singhal launched LetsVenture in Bangalore in 2013, initially as a discovery platform to make angel investing transparent and accessible in India. Before LetsVenture, early-stage investing in India relied almost entirely on personal networks. The platform professionalized that process, giving accredited investors a standardized deal flow, syndicate formation tools, and shared due-diligence frameworks that previously only existed inside formal venture firms. LetsVenture operates as a marketplace rather than a traditional fund. Investors—including high-net-worth individuals, family offices, and institutional backers—use the platform to source, evaluate, and close angel and seed-stage deals directly. Portfolio companies span FinTech, enterprise SaaS, AI/ML, digital health, agritech, and climate tech, with notable early backings including fintech infrastructure firm Setu (acquired by Pine Labs, per public filings, 2022), health-insurance platform Plum, and agritech startup Bijak. The firm also runs LetsVenture Plus, a curated deal-flow program, and enables cross-border syndication, with investors from Singapore, the US, and the UAE regularly co-investing alongside domestic angels. As of 2024, the firm reports having facilitated capital for over 250 Indian startups (per the firm, 2024) from a registered investor base that exceeds 10,000 angels and family offices. In May 2024, LetsVenture partnered with the Karnataka government to launch an AI-focused accelerator, signaling deeper engagement with state-level innovation policy. The platform also supports a secondary transactions marketplace for startup equity, though this remains small relative to primary deal flow. Mohan remains CEO and the public face of the firm, frequently cited in Indian startup media on angel-investing regulation and the evolution of domestic family-office allocations into venture. What distinguishes LetsVenture from a generic syndicate platform is its SEBI-registered structure and its built-in compliance layer, which allows Indian family offices and domestic angels to pool capital without setting up their own fund-management entities. This regulatory wrapper lowers the friction of co-investing and creates an institutional paper trail that typical angel networks lack, positioning the platform as a quasi-venture firm that outsources deal selection to its network while retaining fiduciary and reporting standards.
General information
Firm type
Asset Manager
Year founded
2013
AUM
Undisclosed
Location
Region
Asia
Country
India
City
Bangalore
Corporate office
Bangalore, India
Principals
Shanti Mohan
Co-founder & CEO
Sanjay Jha
Co-founder
Manish Singhal
Co-founder
Sector focus
Frequently asked questions
How does LetsVenture source startup deals?
LetsVenture operates as an open marketplace where entrepreneurs submit their companies for review. A network of lead investors and the platform's internal team perform initial diligence. Deals that pass are listed for the platform's registered investor base, which includes angels, family offices, and institutional backers. The platform also runs curated programs like LetsVenture Plus that feature more-vetted opportunities.
Is LetsVenture a venture capital fund?
No. LetsVenture is a SEBI-registered marketplace platform for angel and seed-stage investing. It does not pool investor capital into a blind fund. Individual investors write checks directly into startups, typically through syndicates led by an experienced angel or lead investor. The platform's regulatory structure provides compliance support without functioning as a pooled investment vehicle.
Can international investors participate in LetsVenture deals?
Yes. The platform supports cross-border syndication and routinely has investors from Singapore, the United States, and the UAE co-investing in Indian startups. International investors must comply with Indian foreign direct investment regulations, and many deals are structured through convertible notes or equity routes that accommodate non-resident participation (per the firm's published guidance).
What is the minimum investment size on LetsVenture?
Minimum check sizes vary by deal but typically start around INR 5 lakh (approximately $6,000) for domestic angel investors. The platform structures most deals as syndicates, where a lead angel negotiates terms and pools smaller checks from co-investors. Exact minimums are deal-specific and disclosed in each startup's listing materials.
Does LetsVenture offer secondary liquidity for startup equity?
The platform launched a secondary transactions marketplace to facilitate startup share sales between accredited investors. While this remains a smaller share of total platform activity, it provides an exit channel for early angels without requiring a formal IPO or acquisition. Secondary deal volume and pricing are not publicly disclosed.
How does LetsVenture make money?
LetsVenture charges startups a success fee upon closing a funding round, typically a percentage of total capital raised through the platform. Investors may also pay a subscription fee for access to curated deal flow or premium services like LetsVenture Plus. The firm does not publicly disclose its fee schedule, and specific terms are negotiated per campaign.
Which sectors does LetsVenture typically avoid?
The platform has historically concentrated on FinTech, enterprise software, AI/ML, digital health, agritech, and climate tech. There is no publicly stated exclusion policy for sectors, but capital-intensive industries like heavy manufacturing, deep infrastructure, and branded pharmaceuticals rarely appear on the platform, which skews strongly toward asset-light technology businesses.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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