LVX

Image for LVX

Overview

LVX, formerly known as LetsVenture, is a Bengaluru-based venture capital platform specializing in early and growth-stage startup investments. Established in 2013 by Shanti Mohan and Sanjay Jha, LVX aims to integrate private market offerings through its segmented platform—LVX Start, LVX Grow, and LVX School. As of 2025, LVX has raised over $250 million, facilitating investments across more than 900 companies. The company's strategic shift to encompass the entire lifecycle of startup support, from seed funding to growth capital, positions it as a key player in India's burgeoning startup ecosystem.

Recent Developments

  • July 2025: LVX announced its full-scale rebranding from LetsVenture as a full-stack private market infrastructure platform. It launched three verticals aimed at covering early-stage investments (LVX Start), growth-stage financing (LVX Grow), and investor education (LVX School).

    • The platform has expanded its focus on growth-stage investments, marking a strategic shift from its original early-stage concentration.
    • LVX restructured its services to adapt to the evolving private market ecosystem, which now includes a significant focus on exit facilitation through secondary sales and institutional placements.
  • 2025 First Half: LVX facilitated growth funding through LVX Grow, amid a reported 18% increase in growth-stage funding in India.

    • The strategic pivot aligns LVX with trends where growth-stage VCs seek startups that have proven product-market fit and established revenue streams.
    • Predominantly, the focus shifted towards sectors like fintech and artificial intelligence, which are gaining traction in Indian investments.
  • 2024: LetsVenture began its transition into LVX with debt and alternative financing solutions becoming accessible for its invested startups.

    • This includes the introduction of a debt financing marketplace, LV Debt, to broaden capital access for startup growth.

Company Information

AttributeInformation
Founding Date2013
HeadquartersBengaluru, India
FoundersShanti Mohan, Sanjay Jha
Revenue$250 million raised cumulatively
Key InvestorsAccel, Chiratae Ventures, Mohandas Pai
IndustryVenture Capital
Number of EmployeesNot specified

Early History

LVX started as LetsVenture in 2013, focusing on simplifying startup funding through digitized angel investing in India. It was one of the first platforms to offer a SEBI-registered Angel AIF, significantly transforming how seed funding was accessed in the burgeoning Indian startup ecosystem. Initially, LetsVenture primarily targeted early-stage investments, rapidly facilitating over 1,000 deals within its first few years. This period laid the foundation for LVX's growth and innovative approaches in investment matchmaking, supporting both founders and investors with streamlined processes.

Company Profile and Achievements

LVX operates as an investment platform delivering a full-stack experience for both startups and investors. Here are some noteworthy aspects of its journey:

  • Integrated Platform: LVX introduced LVX Start for angel investments, LVX Grow for venture capital aid, and LVX School for investor and founder education, creating a comprehensive ecosystem for startup financing.

  • Investor Base and Connections: By 2025, LVX connected a vast network of 14,000 investors, 350 family offices, and 150 VCs, enabling significant deal volume and expertise sharing in the startup scene.

  • Funding Milestones: Over the years, LVX has facilitated cumulative funding exceeding $250 million, establishing itself as a crucial figure in the enterprise space.

  • Innovations: LVX pioneered in alternative funding through a platform for debt financing, allowing a broader spectrum of capital options beyond equity.

Current Operations and Market Position

LVX currently leads as a holistic funding platform that supports startups from inception to growth maturity:

  • Growth-Stage Leadership: The strategic focus on growth-stage companies has positioned LVX as a powerful connector in one of the world’s fastest-growing startup ecosystems.

  • Education and Advisory: Through LVX School, the firm emphasizes the importance of education and advisory services to cultivate capable investors and informed founders.

  • Industry Influence: Respected as a critical component of the Indian startup ecosystem, LVX influences approximately one in every three startup deals within the region.

Conclusion

LVX has come a long way since its inception as LetsVenture. By responding to the market's evolving needs, LVX has fortified its position as a leading player in India's startup ecosystem. Its ability to blend early and growth-stage investments with investor education allows it to remain a vanguard in venture capitalism. As it adapts to industry shifts with innovative financing solutions and strategic foresight, LVX is likely to continue its trajectory of facilitating impactful startup growth, both in India and potentially beyond.