Sayan Ghosh, former executive of World Bank, has launched a new venture capital fund, Ortella Global Capital (OG Capital) with an initial corpus of INR 300 crore. The fund plans to invest in over 20 early and growth-stage start-ups, focusing on both consumer and enterprise solutions and will also allocate cheques of up to INR 15 Cr ($2 Mn) each.
OG Capital will provide funding of up to INR 15 crore ($2 million) to help start-ups scale their operations and growth, aiming to get 10X returns. The fund is committed to making a positive impact at the grassroots level, prioritizing sustainability and gender diversity in its investments.
Sayan stated “Our vision at OG Capital is to redefine early-stage investing by going beyond just writing cheques. We believe in rolling up our sleeves and co-building alongside founders to tackle the big challenges head-on, helping them build high growth, profitable and impactful businesses”.
Ghosh also claimed that during his tenure at the World Bank, he had driven notable investments and exits in Indian startups, including big ventures like upgrad, Lenskart, 1mg, and BigBasket.
OG Capital
OG Capital not only provides money but also guides startups in their portfolio to help them grow. According to OG Capital they have assembled the biggest team in India for investing in start-ups. This team includes people who have started companies earlier and have experience in making them successful. They are also skilled in different fields like expanding startups, finding the right products for the market, making profits, creating strategies to reach customers, and making valuable exits.
With over more than 10 years of experience in investment, spanning business and investing, OG Capital has already backed up many start-ups till now and is all set to The launch of this new fund is launched at a time when India’s start-up scene is showing positive signs of growth. After a period of slowdown, known as the “funding winter. Recently, a number of funds have also closed, like Titan Capital’s INR 333 crore opportunities fund and Avaana Capital’s $135 million climate fund, bringing back the confidence in the investors.
We are looking for founders and startups based in Delhi NCR, Bengaluru, Pune, and Mumbai for our podcast!
DM us on WhatsApp: +91 78272 66055
Or email us at: business@karostartup.com
