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Udtara Ventures
Udtara Ventures was established in 2019 by Rajiv Chaurasia and Ankit Lakhotia. The office manages proprietary capital originating from the KP Group, whose...
Udtara Ventures
Udtara Ventures was established in 2019 by Rajiv Chaurasia and Ankit Lakhotia. The office manages proprietary capital originating from the KP Group, whose businesses span consumer goods, logistics, distribution and real estate. The Kothari family controls the underlying conglomerate behind the Kamla Pasand brand. The firm deploys across direct co-investments, SPVs and fund-of-funds commitments. It targets Pre-IPO, Seed and Series A stages with a focus on AI/ML, consumer technology, cybersecurity and enterprise software. Confirmed holdings include Motion Gestures, EQL, Junio and Big Bang Boom. Capital flows primarily within Asia, centered on India. The office also maintains LP positions in venture and venture-debt funds to expand access for its portfolio companies. Team size and total professionals remain undisclosed. Udtara maintains no additional offices beyond its Delhi headquarters. Adjacent vehicles include the Udtara Growth Fund and the Panacea Charitable Trust. No operational events from the last 24 months appear in public records. The office's structural distinction lies in its integration with an operating conglomerate that supplies both capital and domain expertise. This setup allows multi-year holding periods without external LP redemption pressure and enables direct operational support to founders through the KP Group network.
General information
Firm type
Venture Capital
Year founded
2019
AUM
Undisclosed
Location
Region
Asia
Country
India
City
Delhi
Corporate office
Delhi, India
Principals
Rajiv Chaurasia
Managing Partner and Chairman
Ankit Lakhotia
Venture Partner
Arvinder Singh
Finance & Compliance Head
Rishabh Sharma
Legal Head
Sector focus
Frequently asked questions
Who runs investment decisions at Udtara Ventures?
Rajiv Chaurasia serves as Managing Partner and Chairman. Ankit Lakhotia acts as Venture Partner. Arvinder Singh heads Finance & Compliance while Rishabh Sharma leads Legal.
How does Udtara Ventures source proprietary deal flow?
The office draws on the KP Group operating network and its ecosystem of founders, fund managers and advisors. It also uses LP positions in venture and venture-debt funds to surface opportunities.
Is Udtara Ventures structured as a single family office or does it operate more like a venture firm?
It functions as a multi-family office backed by the KP Group conglomerate. Capital remains proprietary and evergreen rather than raised from external limited partners.
Does Udtara Ventures participate in fund commitments or only direct deals?
The firm executes both direct co-investments and SPVs alongside commitments as an LP in venture and venture-debt funds.
What investment stages does Udtara Ventures typically target?
The office focuses on Pre-IPO, Seed and Series A rounds with typical checks between $100K and $1.2M.
Where does the underlying wealth come from?
Capital originates from the KP Group, a decades-old Indian conglomerate active in consumer goods, logistics, distribution and real estate under the Kamla Pasand brand.
Does Udtara Ventures maintain philanthropic structures, and how are they separated?
The Panacea Charitable Trust operates alongside the investment office. No public details describe governance separation between the trust and the investment vehicles.
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