Updated:
LetsVenture
Shanti Mohan, Sanjay Jha, and Manish Singhal launched LetsVenture in Bangalore in 2013, initially as a discovery platform to make angel investing transparent...
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
Venture Capital
Year founded
2013
Location
Region
Asia
Country
India
City
Bangalore
Corporate office
Bangalore, Karnataka, India
Principals
Shanti Mohan
Co-founder & CEO
Sanjay Jha
Co-founder
Manish Singhal
Co-founder
Sector focus
Frequently asked questions
Who runs investment decisions at LetsVenture?
Shanti Mohan is the founder and CEO, with co-founder Sanjay Jha providing strategic direction. The platform itself does not centrally allocate a fund — individual investors select deals. For the LetsVenture Plus curated vehicle, an internal investment committee reviews and approves each inclusion.
How does LetsVenture source proprietary deal flow?
The platform draws on a network of local angel collectives, alumni groups from IIT and IIM, partner accelerators, and direct founder inbound. Standardized diligence templates allow a broad set of referrers to submit deals, which the platform then assesses for baseline data completeness before opening to syndicate members.
Is LetsVenture a single family office or a venture firm?
Neither. It is a regulated online syndication platform for angel investors, akin to a deal-by-deal private-equity marketplace. It operates a curated direct-investment vehicle, but the core model is to facilitate discrete LLC-based rounds that investors self-select.
Does LetsVenture participate in fund commitments or only direct deals?
The platform is built entirely for direct syndicated investments. LPs do not commit to a blind pool. The adjacent vehicle, LetsVenture Plus, does aggregate capital for select direct deals, but the core investor experience is to build a self-directed portfolio of individual startup SPVs.
What investment stages does LetsVenture typically target?
Seed through Series A, with occasional pre-Series A bridge rounds. The minimum ticket size is typically around INR 20 lakhs ($25,000), designed for angel-stage participation rather than institutional-led growth rounds.
Which sectors does LetsVenture explicitly avoid?
There is no formal exclusion list, but deal flow has historically concentrated in technology-enabled businesses — enterprise SaaS, fintech, healthtech, consumer internet, and mobility. Capital-intensive industrial or infrastructure plays rarely appear on the platform given the angel-scale check sizes.
How does LetsVenture's secondary offering work?
In 2023, the firm launched a secondary-deal capability designed to give early angel backers on the platform an exit path before company liquidity. The matching engine surfaces shares available from existing investors to approved buyers on the platform, helping shorten hold periods and recycle capital.
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.
Need institutional-grade insight on venture capital firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: