Avataar Ventures, established in 2019, is a prominent venture capital firm headquartered in Bengaluru, India. Co-founded by Mohan Kumar and Nishant Rao, the firm primarily focuses on investments in growth-stage B2B tech startups across India and Southeast Asia. As of 2025, it manages assets under management (AUM) totaling around $800 million. The firm has built a strong portfolio of investments, emphasizing the scale and global expansion of its investments.
| Attribute | Information |
|---|---|
| Founding Date | 2019 |
| Headquarters | Bengaluru, India |
| Founders | Mohan Kumar, Nishant Rao |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | HarbourVest Partners |
| Industry | Venture Capital |
| Number of Employees | Not publicly disclosed |
Avataar Ventures was conceived in 2019 by Mohan Kumar and Nishant Rao. Prior to founding Avataar, Kumar was a member of the Norwest Venture Partners, gaining vast experience in venture capital investments, particularly in the tech domain. Rao previously held leadership roles in Freshworks, contributing significantly to the company's growth from a $20-million firm to one with considerable market stature. Their combined experience and strategic insights laid the foundation for Avataar Ventures to focus on late-stage investments, particularly in burgeoning B2B domains.
Avataar Ventures has quickly established itself as a notable player in the venture capital landscape, particularly for B2B technology startups. The firm’s business model revolves around providing not just capital but also strategic direction to scale its portfolio companies into global entities.
Avataar Ventures remains active within the venture capital industry, focusing primarily on high-growth potential B2B sectors including SaaS and deep-tech. The firm typically invests in South Asia and branching out to opportunities in Europe and the Americas. Avataar’s competitive advantage is rooted in its hands-on approach, supporting companies not only with funding but strategic advisory. This approach helps startups rapidly scale up and expand internationally.
Avataar Ventures has cemented its status as a forward-thinking venture capital firm in the rapidly evolving world of tech investment. With a keen eye on emerging trends like quantum computing, AI, and SaaS platforms, Avataar Ventures is poised to further bolster its reputation in guiding its portfolio companies to achieve substantial growth and global reach. The firm’s strategic focus and comprehensive approach to scaling and investment are expected to drive continued success in the coming years.