- 3one4's Rising I & Fund II funds are ranked #1 and #2 respectively by Preqin 

- With Net IRR of 37% and 35% respectively, Rising I & Fund II funds are the 
top two amongst the best performing India-focused VC funds between the vintage 
years 2010- 2018 as per Preqin

  

    3one4 Capital, an early-stage Bangalore based venture capital firm, has 
been ranked by Preqin as India's top performer for two of its funds, in the 
recent Alternative Assets report. The seed and early stage funds have been 
recognized for their performance amongst the India-focused venture capital 
funds in this Asia Pacific-focused report. With Net IRR of 37% and 35% 
respectively, 3one4 Capital's Rising I & Fund II (Scheme II) are the top two 
amongst the best performing India-focused VC funds between the vintage years, 
2010- 2018.

    The Preqin Alternative Assets 
[https://www.preqin.com/insights/research/reports/preqin-markets-in-focus-altern
ative-assets-in-asia-pacific-2021] report provides insights into the deals made 
by private capital fund managers and/or institutional investors, performance of 
alternative asset funds, capital flows, with a focus on the Asia Pacific's 
rapidly expanding alternative investment market. Preqin now monitors more than 
20k investor profiles, 120k funds, and 44k GPs globally and presents the most 
comprehensive review of the industry. The ranking, performed by the leading 
research firm Preqin, is their first research report focused on the Asia 
Pacific region and describes the nuances of the region's alternative investment 
market.

    On the milestone, Pranav Pai, Managing Partner, 3one4 Capital, said, 
"India's startup ecosystem is now firmly established amongst the top three 
globally. Alongside these tailwinds, 3one4's exponential growth has been driven 
by partnering with generational companies to transform market segments across 
the country. Our bottom-up thesis-driven selection routines have resulted in 
consistent top decile performance. Being recognized by a global capital markets 
report is a testimony to our deep-involvement model that serves as a 
force-multiplier to India's extraordinary entrepreneurs. We are grateful for 
the long-term relationships with our investors that continue to propel our 
growth forward."

    Siddarth Pai, Managing Partner, 3one4 Capital, had this to say: "Through 
2020, India's startups have established their resilience and value creation 
potential to the best investors globally. This paradigm shift has demanded the 
acceleration of disruptive business models and a rebalancing of the early-stage 
investment lens in India. 3one4 Capital is purpose-built to be deeply involved 
across the lifecycle of the next innovation engines from India. Our 
post-investment engagements are designed to help founders optimize for 
sustainable growth on the path towards defensible long-term value creation. We 
look forward to scaling up our intentional early-stage work with the close of 
Fund III in 2021."


    "The last two years have seen a tremendous shift in the dynamics of the 
startup ecosystem in the Asia-Pacific region with the Indian ecosystem leading 
the way. While this has supported our accelerated growth, we are also 
incredibly grateful to the founders in the ecosystem who have placed their 
trust in us and allowed us the privilege to be part of their journey. It is a 
momentous event to be recognised by a global leader like Preqin as we continue 
to support founding teams that partner with us and double down on furthering 
the growth of the Indian ecosystem," added Anurag Ramdasan, Principal, 3one4 
Capital.

    3one4 Capital, currently oversees a corpus of INR 1800 Cr (+USD 240 Mn) and 
a portfolio of over 70 investments across the early stage. Its portfolio 
companies include Licious, Open, DarwinBox, Jupiter, Betterplace, Koo, Dozee, 
Breathe Well-Being, among others. The latest fund is focused on ticket sizes in 
the range of USD 500K to USD 4 million for entries, with a strong preference to 
be the first institutional check to partner with founders. The firm, founded by 
Pranav Pai & Siddarth Pai, has continuously attracted top-tier global and 
Indian investors as Limited Partners (LPs). These investors include university 
endowments, foundations, sovereign DFIs, family offices, funds-of funds, as 
well as corporate and financial institutional investors such as banks and 
industrial conglomerates. 3one4 has launched five funds over half a decade and 
is amongst the fastest-growing VC firms in India. These consecutive fund 
closures are a testimony to the team's consistent track record and performance 
in the Indian early-stage ecosystem. 

    Link to the report: 
https://www.preqin.com/insights/research/reports/preqin-markets-in-focus-alternative-assets-in-asia-pacific-2021


    About 3one4 Capital
 
    3one4 Capital 
    Transformative Capital to #RaiseTheBar

    3one4 Capital is an early-stage venture capital fund based in Bangalore, 
India. The firm works in select market categories and in the intersection of 
adjacencies that are large, growing, and ready for unique products and 
services. The themes pursued are SaaS and Enterprise Automation, 
Direct-to-Consumer products and services, Digital Media, FinTech, and Deep 
Technology, with a focus on areas such as machine-driven actionable 
intelligence services for the enterprise, ambient intelligence technologies, 
edtech, logistics and distribution, consumer products and services, and health. 

    3one4's investments are biased towards companies exploiting technology to 
create, grow, or dominate large markets in India. The fund also invests a 
portion of its capital in US-focused companies that have feedforward effects 
into the themes being pursued in India.

    Through a deep involvement strategy, the fund works with founding teams and 
subject-matter experts to prioritize and strategize for product-market fit, and 
then optimize for defensibility and growth in revenue and impact. With a focus 
on margins and on delivering uncompromised end-user experiences, the fund aims 
to reduce risk, detect new growth opportunities, and return rewarding outcomes 
to all the stakeholders involved.

    With the close of its third early-stage fund and its fifth fund overall, 
the firm now manages a combined corpus of INR 1800 Cr (+USD 240 Mn) and a 
portfolio of over 70 investments across the early stage.

    Logo: https://mma.prnewswire.com/media/1596971/3one4_Capital_Logo.jpg  
    Photo: 
https://mma.prnewswire.com/media/1596972/3one4_Capital_funds_ranked.jpg 

    Source: 3one4 Capital