Chiratae Ventures makes second close of Fund V at $150 Mn

Chiratae Ventures, one of leading technology-focused venture capital firms, has announced the second close of its fifth venture capital fund at $150 million, with a final close expected in the first quarter of 2026. 

The fund will back early-stage startups across Seed, Series A, and Series B rounds.

The round saw participation from domestic and international LPs, institutional investors, family offices, and repeat backers from Chiratae’s previous funds. 

Fund V is led by Managing Directors Venkatesh Peddi and Ranjith Menon, who will drive…